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UNITED STATE SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Amendment No.1:
Name of Issuer: Actrade International. Ltd.
Title of Class of Securities: Common Stock, par value $ .001
CUSIP Number: 004931101
(Date of Event Which Requires Filing of this Statement)
December 31, 1999
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act,
but shall be subject to all other provisions of the Act (however, see the
Notes).
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CUSIP Number: 004931101
Richland SA
Diversified Investment & Finance
No IRS Identification Number of Foreign Corporation
____________________________________________
(1) Name of Reporting Person and
I.R.S. Identification No. of Above Person (entities only)
(2) Check the Appropriate Box if a Member of a Group:
a. [ ]
b. [ ]
(3) SEC Use Only
(4) Citizenship or Place of Organization:
Republic of Panama
Number of Shares Beneficially Owned By Each Reporting Person With:
(5) Sole Voting Power: 574,300
(6) Shared Voting Power:
(7) Sole Dispositive Power: 574,300
(8) Shared Dispositive Power:
(9) Aggregate Amount Beneficially Owned by Each Reporting Person: 574,300
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares: [ ]
(11) Percent of Class Represented by Amount in Row (9): 6.7%
(12) Type of Reporting Person: CO
Item 1.
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(a) Name of Issuer: Actrade International, Ltd.
(b) Address of Insurer's Principal Executive Offices: 7 Penn Plaza Suite 422
New York, New York 10001
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Item 2 (a)-(c). Name, Principal Business Address, and Citizenship of Persons
Filing:
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Name and Address: Richland SA
Diversified Investment & Finance
72 Weizzman Street Tel Aviv 62308
Israel
Citzenship or Place of Organization: Republic of Panama
(d) Title of Class of Securities : Common Stock, par value $ .001
(e) CUSIP Number: 004931101
Item 3. If this statement is filed pursuant to Rule 13d-1(b)(1) or 13d-2(b) or
(c) check whether the person filing is:
(a) [ ] Broker or dealer registered under Section 15 of the Act,
(b) [ ] Bank as defined in Section 3(a)(6) of the Act,
(c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act,
(d) [ ] Investment Company registered under Section 8 of the Investment
Company Act,
(e) [ ] Investment Adviser registered under Section 203 of the Investment
Advisers Act of 1940,
(f) [ ] Employee benefit Plan, Pension fund which is subject to the provisions
of the Employee
[ ] Retirement Income Security Act of 1974 or Endowment Fund,
(g) [ ] Parent Holding company, in accordance with Rule 13d-1(b)(ii)(G),
(h) [ ] Savings association as defined in Section 3(b) of the Federal Deposit
Insurance Act,
(i) [ ] Church Plan excluded from the definition of an investment company
under Section 3(c)(14) of the Investment Company Act,
(j) [ ] Group, in accordance with rule 13d-1(b)(1)(ii)(H).
If this statement is filed pursuant to Rule 13d-1(c), check this box: [X]
Item 4. Ownership.
(a) Amount Beneficially Owned: 574,300
(b) Percent of Class: 6.7%
Item 5. Ownership of Five Percent or Less of a Class.
N/A
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
N/A
Item 7. Identification and Classification of the Subsidiary which Acquired the
Security Being Reported by the Parent Holding Company.
N/A
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Item 8. Identification and Classification of Members of the Group.
N/A
Item 9. Notice of Dissolution of the Group.
N/A
Item 10.
Certification for Rule 13d-1(c): By signing below I certify that, to the best of
my knowledge and belief, the securities referred to above were not acquired and
are not held for the purpose of or with the effect of changing or influencing
the control of the issuer of the securities and were not acquired and are not
held in connection with or as a participant in any transaction having that
purpose or effect.
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.
Richland SA
By: /s/ Joseph Stabholz
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Joseph Stabholz
March 28, 2000
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Date
AGREEMENT
The undersigned agree that this Schedule 13G dated March 28, 2000 relating to
the Common Stock of Actrade International, Ltd. shall be filed on behalf on the
undersigned.
Richland SA
By: /s/ Joseph Stabholz
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Joseph Stabholz
