FORM 3
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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*
Marshall Family Limited Holdings
(Last) (First) (Middle)
21756 Marigot Drive
(Street)
Boca Raton FL 33436
(City) (State) (Zip)
2. Date of Event Requiring Statement
(Month/Day/Year)
January 29, 1999
(as of November 18, 1997)
3. IRS Number of Reporting Person (Voluntary)
4. Issuer Name and Ticker or Trading Symbol
Tele-Optics, Inc. - TOPT
5. Relationship of Reporting Person to Issuer
(Check all applicable)
Director XX 10% Owner
Officer (give title below) Other (specify below)
6. If Amendment, Date of Original
(Month/Day/Year)
7. Individual or Joint/ Group Filing
(Check Applicable Line)
XX Form filed by One Reporting Person
Form filed by more than One Reporting Person
<PAGE>
<TABLE>
<CAPTION>
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect
(Instr. 4) Beneficially Owned Direct (D) or Indirect (I) Beneficial Ownership
(Instr. 4) (Instr. 5) (Instr. 4)
<S> <C> <C> <C>
Common Stock, $.10 Par Value 300,000 (D)
</TABLE>
* If the Form is filed by more than one Reporting Person, see Instruction
5(b)(v).
Reminder: Report on a separate line for each class of securities
beneficially owned directly or indirectly.
<TABLE>
<CAPTION>
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of 2. Date Exercisable & 3. Title & Amount 4. Conversion or 5. Ownership 6. Nature of
Derivative Expiration Date of Securities Exercise Price Form of Indirect
Security (Month/Day/Year) Underlying of Derivative Derivative Beneficial
Derivative Security Security: Ownership
Security Direct (D) (Instr. 5)
Date Exp. (Instr. 4) Amount or No. or Indirect (I)
Exercisable Date Title of Shares (Instr. 5)
<S> <C> <C> <C> <C> <C> <C> <C>
</TABLE>
Explanation of Responses:
** Intentional misstatements or omissions
of facts constitute Federal Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Marshall Family Limited Holdings
April 26, 1999 BY:/s/Mary Ann Marshall
Date **Signature of Reporting Person
Mary Ann Marshall, Vice President
Print Name & Title
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)