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OMB Number: 3235-0145
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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. ___)*
Tech Electro Industries, Inc.
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
0008782401
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(CUSIP Number)
Robert E. Braun, Esq.
c/o Jeffer, Mangels, Butler & Marmaro,
2121 Avenue of the Stars, 10th Floor,
Los Angeles, California 90067 (310) 203-8080
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(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
February 11, 1997
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(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 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 ______.
Check the following if a fee is being paid with the statement X . (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.)
Note: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) for other parties to whom copies are to be
sent.
*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
disclosures provided in a prior cover page.
The information required on 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).
SEC 1746 (12-91)
<PAGE>
SCHEDULE 13D
CUSIP No. 878-240-12-6 Page 2 of 6 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Sadasuke Gomi
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
(b)
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
00 (See Response to Item 3)
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Japanese
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NUMBER OF 7 SOLE VOTING POWER
SHARES BENEFICIALLY 385,000 Shares of Common Stock
OWNED BY (see response to Item 5(a))
EACH ------------------------------------------------------
REPORTING 8 SHARED VOTING POWER
PERSON -0-
WITH ------------------------------------------------------
9 SOLE DISPOSITIVE POWER
385,000 Shares of Common Stock
(see response to Item 5(a))
------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
385,000 Shares of Common Stock (see response to Item 5(a))
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES*
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13.85%(see response to Item 5(a))
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14 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 878-240-12-6 Page 3 of 6 Pages
Item 1. Security and Issuer.
Securities:
-----------
Common Stock, no par value ("Common Stock")
Options to acquire Common Stock ("Options")
Issuer: Tech Electro Industries, Inc.
4300 Wiley Post Road
Dallas, TX 75244-2131
Item 2. Identity and Background.
Information as to the Reporting Person
--------------------------------------
(a) Name: Sadasuke Gomi
(b) Address: 2211 S.W. First Avenue #902
Portland, Oregon 97201
(c) Occupation: Investor
(d) The reporting person has not, during the last five
years, been convicted in a criminal proceeding.
(e) The reporting person has not, during the last five
years, been a party to a civil proceeding of a
judicial or administrative body of competent
jurisdiction as a result of which it 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 shares reported herein are held beneficially by Fleet
Security Investments Limited, a British Virgin Islands
corporation of which the Reporting Person is Director. The
Reporting Person used no personal funds for the purchase of
any securities reported hereunder.
Item 4. Purpose of Transaction.
The shares reported herein are held beneficially by Fleet
Security Investments Limited, a British Virgin Islands
corporation of which the Reporting Person is Director. To the
Reporting Person's knowledge, all Common Stock and Options
acquired hereunder are acquired for investment purposes only,
subject to the investor's continuing review and analysis of
the operations and future of the Issuer.
<PAGE>
CUSIP No. 878-240-12-6 Page 4 of 6 Pages
Item 5. Interest in Securities of Issuer.
a) The Reporting Person indirectly holds 205,000
shares of Common Stock and options to acquire 180,000
shares of Common Stock. All such shares and options
are owned beneficially by Fleet Security Investments
Limited, of which the Reporting Person is Director.
Based on public filings of the Issuer, the Reporting
person believes this sum represents 13.85% of the
Common Stock of the Issuer outstanding as of January
31, 1997.
In conformance with Section 13(d) under the
Securities Exchange Act of 1934, as amended, and Rule
13d promulgated thereunder, the Reporting Person has
reported all its ownership interest based on both
shares of Common Stock directly or indirectly owned
by the Reporting Person and shares of Common Stock
underlying securities which are exercisable or
convertible within 60 days of the date of this
Schedule.
b) The Reporting Person has sole voting and investment
power over the Common Stock and Options reported
herein through his position as Director of Fleet
Security Investments Limited.
c) All transactions in the securities of the Issuer
during the past sixty days are reported in Exhibit A
hereto.
d) Not applicable.
e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships With
Respect to Securities of the Issuer.
Fleet Security Investments Limited has entered into a
Subscription Agreement and an Option Agreement with the
Issuer, each of which has been filed by the Issuer. Except for
such agreements, no agreement, contract or understanding with
respect to the securities of the Issuer.
Item 7. Material to be Filed as Exhibits.
<PAGE>
CUSIP No. 878-240-12-6 Page 5 of 6 Pages
Exhibit A - Transactions in the shares of the Issuer
within sixty days prior to filing
Schedule 13D
<PAGE>
CUSIP No. 878-240-12-6 Page 6 of 6 Pages
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.
April 11, 1997 /s/ Sadasuke Gomi
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Date Sadasuke Gomi
<PAGE>
Exhibit A
Transactions in Shares of Issuer's Securities
None
