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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)
VERSUS TECHNOLOGY, INC.
(Name of Issuer)
Common Stock, $0.01 Par Value
(Title of Class of Securities)
925313-10-8
(CUSIP Number)
William F. Campbell, III, Esq.
Dillon, Bitar & Luther
53 Maple Avenue
P.O. Box 398
Morristown, NJ 07963-0398
(201) 539-3100
(Name, Address and Telephone Number of Person Authorized to
Receive Notices & Communications)
June 7, 1996
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Sched-
ule 13G to report the acquisition which is the subject
of this Schedule 13D, and is filing this schedule because of
Rule 13d-1(b)(3) or (4), check the following box. [ ]
Check the following box if a fee is being paid with the
statement. [ ]
(A fee is not required only if the reporting person: (1) has a
previous statement on file reporting beneficial ownership of more
than five percent of the class of securities described in Item 1;
and (2) has filed no amendment subsequent thereto reporting
beneficial ownership of five percent or less of such class. See
Rule 13d-7.)
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SCHEDULE 13D
CUSIP No. 925313-10-8
1. NAME OF REPORTING PERSON Anthony Low-Beer
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
___________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
3. SEC USE ONLY
4. SOURCE OF FUNDS PF
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
6. CITIZENSHIP OR PLACE OF ORGANIZATION United States
__________________
| 7. SOLE VOTING POWER 2,100,000
NUMBER OF |
SHARES |
BENEFICIALLY | 8. SHARED VOTING POWER 0
OWNED BY |
EACH |
REPORTING | 9. SOLE DISPOSITIVE POWER 2,100,000
PERSON |
WITH |
__________________| 10. SHARED DISPOSITIVE POWER 1,659,000
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 3,759,000
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES* (See Instructions) [ ]
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 19.9%
14. TYPE OF REPORTING PERSON IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!<PAGE>
Item 1. SECURITY AND ISSUER.
This Statement on Schedule 13D is filed with respect to
Versus Technology, Inc. (the "Issuer"), which has its principal
executive offices at 2302 Aero Park Court, Traverse City, Michi-
gan 49686, telephone number (616) 946-5868. This Statement
relates to the Issuer's common stock, par value $.01 (the "Common
Stock").
Item 2. IDENTITY AND BACKGROUND.
(a) Name: Anthony Low-Beer
(b) Business Address:
Mitchell Securities
100 Park Avenue
New York, NY
(c) Principal Occupation: Broker with Mitchell
Securities, a Registered Broker Dealer
(d) No convictions in a criminal proceeding during the
last five years (excluding traffic violations and similar misdemeanors).
(e) Not subject to a judgment, decree or formal order
entered in the last five years enjoining future violations of or
prohibiting or mandating activities subject to federal or state
securities laws or finding any violations with respect to such
laws.
(f) Citizen of the United States of America
Item 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
(a) Shares of the Common Stock were acquired from the
Issuer in September of 1995 in a private placement with personal
funds of Mr. Low-Beer (some of which was in IRA accounts). The
total amount of the funds then invested was $300,000. Mr. Low-
Beer acquired 1,500,000 shares.
(b) An additional 100,000 shares were purchased with
personal funds in February of 1996 for $20,000.
(c) An additional 75,000 shares were purchased with per-
sonal funds on May 31, 1996 for $28,125.
(d) An additional 425,000 shares were acquired from the
Issuer with personal funds on June 7, 1996 for $157,250.
Item 4. PURPOSE OF TRANSACTION.
These shares of Common Stock were acquired as investments.
Mr. Low-Beer reserves the right to sell additional
shares of the Common Stock or to purchase additional shares of
the Common Stock as market conditions appear favorable but has no
present plans to do so.
Mr. Low-Beer has no plan or proposals which relate to
the actions by the Issuer set forth in the Instructions to Item 4
of Schedule 13D or any action similar thereto.
Item 5. INTEREST IN SECURITIES OF THE ISSUER.
As of the date of this Schedule 13D, Mr. Low-Beer holds
in the aggregate 2,100,000 shares of the Issuer's Common Stock or
11.1% of the 18,910,697 shares of Common Stock outstanding.
Mr. Low-Beer has had no transactions in the securities
of the Issuer, except for the transactions described in Item 3.
In addition, in his capacity as a broker Mr. Low-Beer
has been given discretion over customer accounts which hold the
Issuer's securities. As a result, Mr. Low-Beer may be deemed to
have shared investment and disposition power over shares in these
accounts. In the aggregate, these accounts hold 1,659,000 shares
of the Common Stock. Several of these accounts have purchased
shares of the Common Stock during the past 60 days:
No. of Purchase
Shares Price
Purchased Per Share Date of Purchase
_________ _________ ________________
675,000 $0.39 May 31, 1996
54,000 $0.568 May 20, 1996
Item 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS
WITH RESPECT TO SECURITIES OF THE ISSUER.
See Item 5 above.
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Item 7. MATERIALS TO BE FILED AS EXHIBITS.
None.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this State-
ment is true, complete and correct.
Dated: June 17, 1996 By: ANTHONY LOW-BEER
________________________
Anthony Low-Beer