SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D (Amendment No. 1)
Under the Securities Exchange Act of 1934
Trans Global Services, Inc.
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(Name of Issuer)
Common Stock, $0.01 Par Value
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(Title of Class of Securities)
892916-503
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(CUSIP Number)
David M. Bovi, Esquire
David M. Bovi, P.A.
319 Clematis Street, Suite 812
West Palm Beach, Florida 33401
(561) 655-0665
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(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
April 6, 2000
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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 section section 240.13d-1(e),
240.13d-1(f) or 240.13d.-1(g), check the following box [ ].
NOTE: Schedules filed in paper format shall include a signed
original and five copies of the schedule, including all exhibits. See
section 240.13d-7(b) 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).
<PAGE 2>
CUSIP No. 892916-503
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1) Names of Reporting Persons/ I.R.S. Identification Nos. of Above
Persons (entities only):
Louis Sitaras
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2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
(b)
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3) SEC Use Only
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4) Sources of Funds (See Instructions): PF
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5) Check 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: U.S.
Number of (7) Sole Voting Power: 50,000
Shares Bene-
ficially (8) Shared Voting Power -0-
Owned by
Each Report- (9) Sole Dispositive Power: 50,000
ing Person
With (10) Shared Dispositive Power -0-
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11) Aggregate Amount Beneficially Owned by Each Reporting Person: 50,000
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12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
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13) Percent of Class Represented by Amount in Row (11): 1.9%*
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14) Type of Reporting Person (See Instructions): IN
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*Based upon 2,619,716 shares of Common Stock outstanding as
reported in the Issuer's Form 10-K for the year ended December 31, 1999.
<PAGE 3>
This constitutes Amendment No. 1 ("Amendment No. 1") to the
Schedule 13D filed by the undersigned on March 6, 2000,(the "Schedule 13D").
This Amendment No. 1 amends or supplements the Schedule 13D as specifically set
forth.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
As of May 3, 2000, the aggregate number and percentage of class of
securities identified pursuant to Item 1 of the Schedule 13D beneficially owned
by each person named in Item 2 of the Schedule 13D may be found in rows 11 and
13 of the cover pages.
The powers of the Reporting person identified in the preceding
paragraph has relative to the shares discussed herein may be found in rows 7
through 10 of the cover pages.
The following transactions in the class of securities reported on
were effected by the persons named in this Item 5 during the past 60 days.
All shares of Common Stock were sold in open market transactions.
Transaction Settlement Date No. of Shares Sold Price per Share
- --------------------------- -------------------- ----------------
March 3, 2000 20,000 $2.00
March 8, 2000 20,000 $2.375
March 21, 2000 10,000 $2.375
April 6, 2000 50,000 $1.250
April 17, 2000 50,000 $1.0312
On April 6, 2000, the Reporting Person ceased to be the beneficial
owner of more than five percent of the class of securities reported on.
SIGNATURES
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: May 3, 2000
/s/Louis Sitaras
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Louis Sitaras
