AGRIBIOTECH INC
SC 13G/A, 1997-02-11
MISCELLANEOUS NONDURABLE GOODS
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<PAGE>
 
                      SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                 ________________

                                  SCHEDULE 13G
            Information Statement Pursuant to Rules 13d-1 and 13d-2
                   Under the Securities Exchange Act of 1934

                               (Amendment No. 1)

                               AgriBioTech, Inc.
                                (Name of Issuer)

                         Common Stock. $.001 par value
                         (Title of Class of Securities)

                                  008494-10-6
                                 (CUSIP Number)



                               Page 1 of 4 pages
<PAGE>
 
                                  SCHEDULE 13G

CUSIP No. 008494-10-6                            Page 2 of 4 Pages
- ---------------------                            -----------------
1)   NAME OF REPORTING PERSON
     S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
       Johnny R. Thomas

2)   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                         (a) [ ]
                                         (b) [ ]

3)   SEC USE ONLY


4)   CITIZENSHIP OR PLACE OF ORGANIZATION
            USA

                5)   SOLE VOTING POWER
                      3,556,497  (See Item 4)
 
NUMBER          6)   SHARED VOTING POWER
OF SHARES             None
BENEFICIALLY
OWNED BY        7)   SOLE DISPOSITIVE POWER
EACH                  3,556,497  (See Item 4)
REPORTING
PERSON WITH     8)  SHARED DISPOSITIVE POWER
                      None

9)  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
       3,556,497 (See Item 4)

10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
     [ ]

11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
     20.8%

12) TYPE OF REPORTING PERSON
     IN
<PAGE>
 
                                                                     Page 3 of 4
Item  1(a).   Name of Issuer:
              -------------- 

  AgriBioTech, Inc.

Item  1(b).   Address of Issuer's Principal Executive Offices:
              ----------------------------------------------- 

  2700 Sunset Road, Suite C-25, Las Vegas, Nevada 89120.
 
Item  2(a).   Name of Person Filing:
              ---------------------
 
  Johnny R. Thomas.
 
Item  2(b).   Address of Principal Business Office or, if None, Residence:
              -----------------------------------------------------------
 
  The Reporting Person's business address is 2700 Sunset Road, Suite C-25, 
Las Vegas, Nevada 89120.
 
Item  2(c).   Citizenship:
              -----------
 
  USA.
 
Item  2(d).   Title of Class of Securities:
              ----------------------------
 
  Common Stock, par value $.001 per share (the "Shares").
 
Item  2(e).   CUSIP Number:  008494-10-6.
              --------------------------

Item 3.  If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b),
         ------------------------------------------------------------------
check whether the person filing is a:
- ------------------------------------ 

  Inapplicable.

Item 4.  Ownership:
         --------- 

  (a) 3,556,497 Shares.  See Item 4(c).

  (b) This figure represents approximately 20.8% of the outstanding Shares of
the Issuer (based on 14,667,335 Shares outstanding on December 31, 1996).

  (c) At December 31, 1996, the Reporting Person had sole voting power over
3,556,497 Shares, including Shares underlying: 1,000,000 stock options, 567,395
currently exercisable Class B Common Stock Purchase Warrants, 300,000 currently
exercisable Class C Common Stock Purchase Warrants and 567,395 issuable Class C
Common Stock Purchase Warrants (each Class B Common Stock Purchase Warrant is
exercisable for one share of Common Stock and one Class C Common Stock Purchase
Warrant). The Reporting Person has sole dispositive power over all 3,556,497
Shares.

Item 5.  Ownership of Five Percent or Less of a Class:
         -------------------------------------------- 

  Inapplicable.
<PAGE>
 
                                                                     Page 4 of 4

Item 6.  Ownership of More than Five Percent on Behalf of Another Person:
         --------------------------------------------------------------- 

  Inapplicable.

Item 7.  Identification and Classification of the Subsidiary Which Acquired the
         ----------------------------------------------------------------------
Security Being Reported on by the Parent Holding Company:
- -------------------------------------------------------- 

  Inapplicable.

Item 8.  Identification and Classification of Members of the Group:
         --------------------------------------------------------- 

  Inapplicable.

Item 9.  Notice of Dissolution of Group:
         ------------------------------ 

  Inapplicable.

Item 10.  Certification:
          ------------- 

  Inapplicable.
 
                                   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.

Dated: February 11, 1997



                                           /s/ Johnny R. Thomas
                                           -----------------------
                                           Johnny R. Thomas


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