UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Log Point Technologies, Inc.
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(Name of Issuer)
Common Stock, No Par Value
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(Title of Class of Securities)
540474 10 3
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(CUSIP Number)
Samuel P. Shanks, President
Log Point Technologies, Inc.
465 Fairchild Drive, Suite 111, Mountain View, CA 94043
(650) 967-3974
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(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
October 18, 1999
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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 that is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following:[ ]
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. SEE Rule 13d-7(b) for other
parties to who 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).
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CUSIP No. 540574 10 3
1. NAMES OF REPORTING PERSONS.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
Lester Pickett (650) 967-3974
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
Not applicable
3. SEC USE ONLY
4. SOURCE OF FUNDS
OO
5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E)
No
6. CITIZENSHIP OR PLACE OF ORGANIZATION
USA
<TABLE>
<CAPTION>
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<S> <C> <C> <C>
NUMBER OF SHARES BENEFICIALLY
BY OWNED BY EACH REPORTING 7. SOLE VOTING POWER 2,595,000
PERSON WITH
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8. SHARED VOTING POWER 0
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9. SOLE DISPOSITIVE POWER 2,595,000
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10. SHARE DISPOSITIVE POWER 0
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</TABLE>
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Lester Pickett 2,595,000
12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
Not Applicable
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
23.46%
14. TYPE OF REPORTING PERSON
IN
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SCHEDULE 13D
This Schedule 13D (the "Schedule 13D") is being filed by Mr. Lester Pickett
relating to shares of common stock of Log Point Technologies, Inc. ("Issuer").
This Schedule 13D relates to shares of common stock of the Issuer ("Common
Stock") issued to Mr. Pickett as a result of the merger of Log Point
Technologies, Inc. into Sandtech Developments, Inc.
ITEM 1. SECURITY AND ISSUER:
Securities acquired: Shares of Common Stock, No Par Value.
Issuer: Log Point Technologies, Inc.
(formerly Sandtech Developments, Inc.)
465 Fairchild Drive
Mountain View, CA 94043
ITEM 2. IDENTITY AND BACKGROUND:
Log Point Technologies, Inc., ("Log Point"), a Colorado corporation
(formerly Sandtech Developments, Inc.) is developer of high performance digital
computation products including software that can enhance the speed of certain
mathematical processes. Its principal offices are located at 465 Fairchild
Drive, Mountain View, CA 94043. Mr. Pickett is an officer, director and
full-time employee of Log Point.
(a) Name: Lester Pickett;
(b) Address: 178 Centre St., #21, Mountain View, CA 94041;
(c) Mr. Pickett is Chairman, Executive Vice President, Secretary, and
full-time employee of Log Point, 465 Fairchild Drive, Mountain View, CA
94043;
(d) Mr. Pickett has not been convicted in a criminal proceeding during
the last five (5) years;
(e) Mr. Pickett is not nor has he been during the past five (5) years
a party to a civil proceeding of a judicial or administrative body of
competent jurisdiction and, as a result thereof, subject to any 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;
(f) Citizenship: USA.
ITEM 3. SOURCE AND AMOUNT OF FUNDS:
The shares of Log Point Technologies, Inc., a Colorado corporation, located
at 465 Fairchild Drive, Mountain View, CA 94043, were acquired by Mr. Pickett as
a result of the merger of Log Point Technologies, Inc. into Sandtech
Developments, Inc. on October 24, 1997, and are being reported at this time
because Log Point has filed a Form 10SB to become a reporting company, which
filing becomes effective on October 18, 1999.
ITEM 4. PURPOSE OF TRANSACTION:
Log Point Technologies, Inc., a California corporation ("Log Point
California"), and Sandtech Developments, Inc. ("Sandtech"), a Colorado
corporation, merged effective October 24, 1997, with Sandtech as the surviving
corporation. Pursuant to the merger, Sandtech changed its name to Log Point
Technologies, Inc. As a result of the merger, Mr. Pickett, as a shareholder of
Log Point California, received 2,595,000 shares in Sandtech for the shares he
previously held in Log Point California.
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Mr. Pickett does not have any present plans or proposals that relate to or
would result in any change in the business, policies, management, structure or
capitalization of the Company. Mr. Pickett reserves the right to acquire or
dispose of additional securities of the Issuer, if and when permitted by law to
the extent deemed advisable in light of market conditions and any other relevant
factor.
Mr. Pickett does not have any present plans or proposals that would result
in any of the following:
(a) any extraordinary corporate transaction, such as a merger,
reorganization or
liquidation, involving the Company or any of its subsidiaries;
(b) any sale or transfer of a material amount of assets of the Company
or any of its subsidiaries;
(c) any change in the present Board of Directors or officers of the
Company;
(d) any material change in the present capitalization or dividend
policy of the Company;
(e) any other material change in the Company's business or corporate
structure;
(f) any change in the Company's charter, bylaws or instruments
corresponding thereto or other actions that may impede the acquisition of
control of the Company by any person;
(g) causing a class of securities of the Company to be delisted from a
national securities exchange or to cease to be authorized to be quoted in
an inter-dealer quotation system of a registered national securities
association;
(h) causing a class of securities of the Company to become eligible
for termination of registration pursuant to Section 12(g)(4) of the Act; or
(i) any action similar to any of those enumerated above.
ITEM 5. INTEREST IN SECURITIES OF THE COMPANY:
(a) As of October 18, 1999, Mr. Pickett was the owner of 2,595,000
shares or 23.46% of the outstanding Common Stock of the Company.
(b) Mr. Pickett has the sole power to vote and dispose of the shares
that he holds.
(c) None other than that referred to in Item 4 above.
(d) No other person has the right or the power to direct the receipt
of dividends from, or the proceeds from the sale of such securities.
(e) Not Applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER:
Mr. Pickett does not have an agreement written or otherwise with any other
shareholder of the Company to vote, not vote or otherwise take any action in
concert with respect to his beneficial ownership in the shares of the Company
which he owns.
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ITEM 7. MATERIAL TO BE FILED AS EXHIBITS:
None.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, the
undersigned certifies that the information set forth in this statement is true,
complete and correct.
By: /S/ Lester Pickett October 18, 1999
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Lester Pickett
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