UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Schedule 13D
Amendment No. 7
Under the Security Exchange Act of 1934
JAN BELL MARKETING, INC.
(Name of Issuer)
COMMON STOCK
(Title of class of securities)
45076 10 9
(CUSIP number)
Lior Ben-Shmuel
101 S. State Road 7, Suite 201
Hollywood, FL 33023
(Name, address and telephone number of person
authorized to receive notices and communications)
April 8, 1999
(Date of event which requires filing of this statement)
1. Name of Reporting Persons. I.R.S. Identification No. of above
person.
Eliahu Ben-Shmuel
2. Check the appropriate Box if a Member of a Group
N/A
3. SEC Use Only
4. Source of Funds
PF
5. Check if Disclosure of Legal Proceedings Is Required Pursuant
to Items 2(d) or 2(e)
Not Applicable [ ]
6. Citizenship or Place of Organization
Israel
Sole Voting Power
Number of 7
Eliahu Ben-Shmuel
Shares Beneficially Shared Voting Power
Owned By 8
0
Each Reporting Sole Dispositive Power
Person With 9
1,570,204
Shared Dispositive Power
10
0
11. Aggregate Amount Beneficially Owned by Each Reporting Person
1,570,204
12. Check Box if the Aggregate Amount in Row (11) Excludes Certain
Shares.
[ ]
13. Percent of Class Represented by Amount In Row (11)
5.53%
14. Type of Reporting Person (See Instructions)
IN
Item 1. SECURITY AND ISSUER.
This statement of Beneficial Ownership on Schedule 13D is filed by
Eliahu Ben-Shmuel with the Securities and Exchange Commission
relating to the Common Stock, par value $.0001 per share (the
Common Stock), of Jan Bell Marketing, Inc., a Delaware corporation
(Jan Bell). The address of the principle executive office of Jan
Bell is 14051 Northwest 14th Street, Sunrise, Florida 33323.
Item 2. IDENTITY AND BACKGROUND.
This statement is filed on behalf of Eliahu Ben-Shmuel (the
Filling Person). Mr. Ben-Shmuel's principle occupation is
functioning as an executive of various entities hereinafter
mentioned. His principle office is located at 101 S. State
Road 7, Suite 201 Hollywood, Florida 33023. Mr. Ben-Shmuel is a
citizen of Israel.
The Filing Person is the General Partner of E.B. Family
Partnership, Ltd., a Colorado limited partnership, formed on
March 26, 1993. The Filing Person is individually the general
partner and E.B. Family Trust is the limited partner.
The Filing Person is President and a director of the Hay
Foundation, Inc., a Florida not-for-profit corporation.
The Filing Person is the President of Chai Developers, Inc., a
Florida corporation, which is the general partner of Chai
Developers Limited Partnership. The limited partnership was
formed on October 21, 1996.
The Filing Person has not, during the last five years, been
convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors.)
The Filing Person has not, during the last five years, been a
party to a civil proceeding of a judicial or administrative
body of competent jurisdiction and as a result of such proceeding
was or is subject to a judgment, decree or final order
enjoining future violations of, or prohibiting or mandating
activities subject to federal or state securities laws or finding
any violation with respect to such laws.
Item 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
The sale by Chai Limited Partnership of 304,100 shares of Jan Bell
Marketing on April 8, 1999 and the sale of 26,900
shares of Jan Bell Marketing from E.B. Family Partnership.
The transactions in Common Stock that took place on April 8, 1999
are set forth below:
<TABLE> <C> <C>
Date Shares Purchased Shares Sold Sale Price
4/8/99 100,000 $2.27
4/8/99 100,000 $2.25
4/8/99 25,000 $2.50
4/8/99 50,000 $2.50
4/8/99 56,000 $2.26
331,000
Item 4. PURPOSE OF TRANSACTION.
The purpose of the transactions was for investment purposes.
Item 5. INTEREST IN SECURITIES OF ISSUER.
(a) The following chart indicates the number and percentage of
shares of Common Stock beneficially owned by Eliahu Ben-
Shmuel:
Name Amount of Shares
E.B. Family Partnership 1,293,700
Hay Foundation 113,000
Izac, Lior and Shlomi Trust 146,800
Eliahu Ben-Shmuel IRA 16,704
Total No. of Shares 1,570,204
(b) With respect to the following companies, the filing Person has
the following voting and disposition powers:
Sole Power to Vote Shared Power to Vote
Name Direct the Vote Direct the Vote
E.B. Family Partnership 1,293,700 0
Hay Foundation 113,000 0
Izac,Lior and Shlomi Trust 146,800 0
Eliahu Ben-Shmuel IRA 16,704 0
1,570,204 0
</TABLE>
Item 6. Contracts, Arrangements, Understandings or Relationships
with Respect to Securities of the Issuer.
Not Applicable
Item 7. MATERIAL TO BE FILED AS EXHIBITS
Not Applicable
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement
is true, complete and correct.
August 9, 2000
By: /s/ Eliahu Ben-Shmuel
Eliahu Ben-Shmuel, Individually
E.B. Family Partners, LTD.
By: /s/ Eliahu Ben-Shmuel
Eliahu Ben-Shmuel, General Partner
Hay Foundation, Inc.
By: /s/ Eliahu Ben-Shmuel
Eliahu Ben-Shmuel, President
Chai Limited Partnership
By: /s/ Eliahu Ben-Shmuel
Eliahu Ben-Shmuel, President
