FORM 4
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of
1934, Section 17(a) of the Public Utility Holding Company Act of
1935 or Section 30(f) of the Investment Company Act of 1940
1. Name and Address of Reporting Person*
Little John P.
(Last) (First) (Middle)
600 Sandtree Drive, Suite 206-A
(Street)
Palm Beach Gardens FL 33403
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Tele-Optics, Inc. - TOPT
3. IRS Number of Reporting Person (Voluntary)
4. Statement for Month/Year
March, 1999
5. If Amendment, Date of Original
(Month/Day/Year)
6. Relationship of Reporting Person to Issuer
(Check all applicable)
XX Director XX 10% Owner
XX Officer (give title below) Other (specify below)
President
<PAGE>
<TABLE>
<CAPTION>
Table I - Non-Derivative Securities Acquired,
Disposed of, or Beneficially Owned
1. Title of 2. Transaction 3. Transaction 4. Securities 5. Amount of 6. Ownership 7. Nature of
Security Date Code Acquired (A) or Securities Form: Indirect
(Instr. 3) (Month/Day/ (Instr. 8) Disposed of (D) Beneficially Direct (D) Beneficial
Year) (Instr. 3, 4 & 5) Owned at Or Indirect Ownership
End of (I) (Instr. 4)
Month (Instr. 4)
(Instr. 3 & 4)
Code V Amount (A) or (D) Price
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock 01/29/99 P 550,000 A $.01 550,000 I By: MIV, Inc.
(as of 11/18/97)
Common Stock 400,310 I BY: Austral
Financial
Services,
Inc.
</TABLE>
Reminder: Report on a separate line for each class of securities
beneficially owned directly or indirectly.
<TABLE>
<CAPTION>
Table II - Derivative Securities Acquired, Disposed or, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of 2. Conversion 3. Trans- 4. Transaction 5. Number of 6. Date 7. Title &
Deriv- or Exercise action Code Derivative Exercisable Amount of
ative Price of Date (Instr. 8) Securities & Expiration Underlying
Security Derivative (Month/ Acquired (A) Date (Month/ Securities
(Instr. 3) Security Day/ or Disposed Day/Year) (Instr. 3 & 4)
Year) of (D)
(Instr. 3, 4 & 5)
Code V (A) (D) Date Expira- Title Amount
Exer- tion of No.
cisable Date of Shares
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
</TABLE>
<TABLE>
<CAPTION>
Table II - Derivative Securities Acquired, Disposed or, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
Contd...
8. Price of 9. Number 10. Ownership 11. Nature
Derivative of Derivative Form of of Indirect
Security Securities Derivative Beneficial
(Instr. 5) Beneficially Security: Ownership
Owned at End Direct (D) (Instr. 4)
of Month or Indirect
(Instr. 4) (I) (Instr 4.)
<S> <C> <C> <C>
</TABLE>
Explanation of Responses:
April 19, 1999
Date /s/John P. Little
**Signature of Reporting Person
John P. Little
Print Name
** Intentional misstatements or omissions of facts
constitute Federal Violations.
See 18 U.S.C. 1001 and 15 U.S. C 78ff(a)
Note: File three copies of this Form, one of which must be
manually signed.
If space provided is insufficient, see Instruction 6
for procedure. (Print or Type Responses)