NEVADA MANHATTAN GROUP INC
SC 13D/A, 1999-02-23
GOLD AND SILVER ORES
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13D

                    Under the Securities Exchange Act of 1934
                               (Amendment No. 2)*

                             METEOR INDUSTRIES, INC.
                                (Name of Issuer)

                          Common Stock, $.001 Par Value
                         (Title of Class of Securities)

                                   591475 10 8
                                 (CUSIP Number)


                                Jeffrey S. Kramer
                      Nevada Manhattan Group, Incorporated
                     5038 North Parkway Calabasas, Suite 100
                           Calabasas, California 91302
                                 (818) 591-4400
                  (Name, Address and Telephone Number of Person
                Authorized to Receive Notices and Communications)

                               February 12, 1999 
             (Date of Event Which Requires Filing of This Statement)


*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).

<PAGE>    2
Cusip No. 591475 10 8              
                                       2

1  NAME OF REPORTING PERSON

          Nevada Manhattan Group, Incorporated
          IRS ID No.  88-0219765

2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

          (a) ---
          (b) [ X ]

3  SEC USE ONLY

4  SOURCE OF FUNDS:

          NA


5 CHECK BOX IF DISCLOSURE  OF LEGAL  PROCEEDINGS  IS REQUIRED  PURSUANT TO ITEMS
  2(d) OR 2(e):

          [ X ]

6  CITIZENSHIP OR PLACE OF ORGANIZATION:

          Incorporated under the laws of the State of Nevada


Number of Shares Beneficially Owned by Each Reporting Person With

7  SOLE VOTING POWER:

          Zero (0)

8  SHARED VOTING POWER 

          Zero (0)

9  SOLE DISPOSITIVE POWER

          Zero (0)

10 SHARED DISPOSITIVE POWER 

          Zero (0)

11 AGGREGATE  AMOUNT  BENEFICIALLY  OWNED BY EACH REPORTING PERSON 
          
          Zero (0)

12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*:

          ---

13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

          0%

14 TYPE OF REPORTING PERSON*

          CO                                   

<PAGE>    3
                                       3
Cusip No. 591475 10 8                            
                       

     This  amendment  No. 2  ("Amendment  No. 2") to Schedule  13D amends in its
entirety the Schedule 13D/A filed by Nevada Manhattan Group,  Incorporated  (the
"Reporting   Person")  with  the   Securities  and  Exchange   Commission   (the
"Commission")  on  January  19,  1999  with  respect  to  securities  of  Meteor
Industries,  Inc.  (the  "Issuer").  The  agreement  entered  into  between  the
Reporting Person and Capco Acquisub,  Inc. (the "Seller")  granted the Reporting
Person the right to rescind the agreement.  The Reporting  Person  rescinded the
agreement on February 12, 1999 and no longer owns any securities of the Issuer.


Item 5. Interest in Securities of the Issuer.

     (e) The Reporting  Person  rescinded the agreement on February 12, 1999 and
     no longer owns any securities of the Issuer.


Signature

         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.

Date:  February 19, 1999

      /s/ Neil H. Lewis
By:__________________________
Title:  Secretary, Nevada Manhattan Group, Incorporated




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