SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
_____________
SCHEDULE 13D
(Rule 13d-101)
UNDER THE SECURITIES EXCHANGE ACT OF 1934
ELECTRONIC FAB TECHNOLOGY CORP.
(Name of Issuer)
Common Stock, par value $.01 per share
(Title of Class of Securities)
28570P 10 5
(CUSIP Number)
Robert Stout, Esq.
Hershner, Hunter, Andrews,
Neill & Smith LLP
180 East 11th Avenue
Eugene OR 97440
(541) 686-8511
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
February 24, 1997
(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 box / /.
1 NAME OF REPORTING PERSON
CHARLES E. HEWITSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
____________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) /X/
3 SEC USE ONLY
4 SOURCE OF FUNDS
OO
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF 7 SOLE VOTING POWER
SHARES 660,000
BENEFICIALLY
OWNED 8 SHARED VOTING POWER
BY - 0 -
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 660,000
WITH
10 SHARED DISPOSITIVE POWER
- 0 -
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
660,000
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES / /
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.14%
14 TYPE OF REPORTING PERSON
IN
<PAGE>
1 NAME OF REPORTING PERSON
MATTHEW J. HEWITSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) /X/
3 SEC USE ONLY
4 SOURCE OF FUNDS
OO
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF 7 SOLE VOTING POWER
SHARES 660,000
BENEFICIALLY
OWNED 8 SHARED VOTING POWER
BY - 0 -
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 660,000
WITH
10 SHARED DISPOSITIVE POWER
- 0 -
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
660,000
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES / /
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.14%
14 TYPE OF REPORTING PERSON
IN
<PAGE>
1 NAME OF REPORTING PERSON
GREGORY C. HEWITSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) /X/
3 SEC USE ONLY
4 SOURCE OF FUNDS
OO
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF 7 SOLE VOTING POWER
SHARES 660,000
BENEFICIALLY
OWNED 8 SHARED VOTING POWER
BY - 0 -
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 660,000
WITH
10 SHARED DISPOSITIVE POWER
- 0 -
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
660,000
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES / /
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.14%
14 TYPE OF REPORTING PERSON
IN
<PAGE>
ITEM 1. SECURITY AND ISSUER.
The class of equity securities to which this Schedule 13D
relates is Common Stock, par value $.01 (the "Securities"), of
Electronic Fab Technology Corp. (the "Issuer"), whose principal
executive offices are located at 7251 West 4th Street, Greeley,
Colorado 80634. The Issuer is engaged primarily in the
provision of high-mix electronic manufacturing services to
original equipment manufacturers in the medical,
instrumentation, storage, and communications industries.
ITEM 2. IDENTITY AND BACKGROUND.
(a) The names of the persons filing this statement on
Schedule 13D (collectively, the "Reporting Persons") are Charles
E. Hewitson, Matthew J. Hewitson and Gregory C. Hewitson.
(b) The residence addresses of the Reporting Persons
are:
Charles E. Hewitson
2513 NE 136th Street
Vancouver, WA 98686
Matthew J. Hewitson
13801 SE 35th Street
Vancouver, WA 98683
Gregory C. Hewitson
15905 SW Oswego Shore Ct.
Lake Oswego, OR 97034
(c) The present principal occupation of each of the
Reporting Persons is to act as consultant to EFTC and its
subsidiaries including CEI.
(d) The Reporting Persons have not, during the past five
years, been convicted in a criminal proceeding (excluding
traffic violations or similar misdemeanors).
(e) The Reporting Persons have not, during the past five
years, been parties to any civil proceeding of a judicial or
administrative body of competent jurisdiction as the result of
which any Reporting Person 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.
(f) Each of the Reporting Persons is a United States
citizen.
<PAGE>
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
The Securities of the Issuer specified as beneficially
owned by each Reporting Persons in Item 5 were received by such
Reporting Person as partial consideration for such Reporting
Person's ownership interest in Current Electronics, Inc.
("CEI"), a privately-owned corporation that was acquired by the
Issuer on February 4, 1997. Such acquisition was completed
pursuant to the terms of an Agreement and Plan of Merger, dated
as of January 15, 1997 (the "Merger Agreement"), among the
Issuer and each of the Reporting Persons. All references herein
to the Merger Agreement are qualified in their entirety by
reference to the terms of the such agreement, which constitutes
an exhibit to this statement on Schedule 13D and is incorporated
herein by reference. Each Reporting Person was a principal
shareholder of CEI prior to its acquisition by the Issuer.
ITEM 4. PURPOSE OF TRANSACTION.
The purpose of the acquisition of the securities of the
Issuer specified in Item 5 was to facilitate the sale of such
Reporting Person's interest in CEI to the Issuer as provided in
the Merger Agreement.
(d) Pursuant to the terms of the Merger Agreement, at
the time of the consummation of the acquisition of CEI by the
Issuer, the number of directors on the Issuer's Board of
Directors was enlarged by three and each of the Reporting
Persons became a director of the Issuer.
None of the Reporting Persons has any other plans or
proposals that relate to or would result in any of the actions
described in subitems (a), (b), (c) or (e) through (j) of Item
4.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) In the aggregate, the Reporting Persons own
1,980,000 shares of the Securities, or 33.4% of the aggregate
number of the Securities outstanding, which are directly owned
by the Reporting Persons as follows:
Charles Hewitson directly owns 660,000 shares, or 11.14%,
Matthew Hewitson directly owns 660,000 shares, or 11.14%,
and
Gregory Hewitson directly owns 660,000 shares, or 11.14%.
Each of the Reporting Persons expressly disclaims beneficial
ownership of the Securities held by each other Reporting Person.
(b) Each Reporting Person has sole power to vote and to
direct the voting of, and sole power to dispose or direct the
disposition of the Securities indicated as directly owned by
such Reporting Person in Item 5(a).
(c) Each Reporting Person has only effected one
transaction in the Securities in the past 60 days, being the
acquisition of the Securities specified in Item 5(a) at the time
of the consummation of the acquisition of CEI by the Issuer.
The Reporting Persons each received $836,102.67 and 660,000
shares of the Securities in exchange for such Reporting Person's
9,416 shares of common stock of CEI. The acquisition of CEI and
the issuance of the Securities specified in Item 5 were effected
in a private transaction consisting of a merger of CEI with and
into a wholly-owned subsidiary of the Issuer, with such
subsidiary being the surviving corporation (the "Merger"). The
capital stock of CEI prior to the Merger was converted into the
right to receive cash and, in the case of the Reporting Persons,
the Securities specified in Item 5(a). The closing of the
Merger and the issuance of the Securities specified in Item 5(a)
occurred at the offices of the Issuer's counsel, Holme, Roberts
& Owen LLP, 1700 Lincoln Street, Denver, Colorado.
(d) Not applicable.
(e) Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR
RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER.
In order to effect the Merger, the Issuer and the
Reporting Persons entered into the Merger Agreement, as
described in response to Items 3, 4 and 5, which are
incorporated herein by reference.
In connection with the Merger Agreement and the
transactions contemplated thereby, the Issuer agreed to provide
to the Reporting Persons certain rights to cause, or to
participate in, the registration of resales of all or part of
the Securities held by them under the Securities Act of 1933.
The terms of such rights are set forth in a Registration Rights
Agreement, dated as of February 24, 1997 (the "Registration
Rights Agreement"), among the Issuer and each of the Reporting
Persons. Each reference herein to the Registration Rights
Agreement is qualified in its entirety to the terms of such
agreement, which constitutes an exhibit to this statement on
Schedule 13D and is incorporated herein by reference.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
The following exhibits are filed herewith or incorporated
by reference:
1 Agreement and Plan of Merger among
Electronic Fab Technology Corp., Current
Merger Corp., and Current Electronic,
Inc., dated as of January 15, 1997.
2 Registration Rights Agreement, dated
February 24, 1997, among the Company,
Charles E. Hewitson, Matthew J.
Hewitson, and Gregory Hewitson and
certain parties.
3 Joint Filing Agreement, dated March 5,
1997, among Charles E. Hewitson, Matthew
J. Hewitson and Gregory C. Hewitson.
<PAGE>
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: March 6, 1997.
/s/ Charles E.
Hewitson
Charles E.
Hewitson
/s/ Matthew J.
Hewitson
Matthew J.
Hewitson
/s/ Gregory C.
Hewitson
Gregory C.
Hewitson
<PAGE>
Exhibit Index
Exhibit Description Page
1* Agreement and Plan of Merger
among Electronic Fab
Technology Corp., Current
Merger Corp., and Current
Electronic, Inc., dated as
of January 15, 1997.
2* Registration Rights
Agreement, dated February
24, 1997, among the Company,
Charles E. Hewitson, Matthew
J. Hewitson, and Gregory
Hewitson and certain
parties.
3 Joint Filing Agreement,
dated March 5, 1997, among
Charles E. Hewitson, Matthew
J. Hewitson
and Gregory C. Hewitson. 1
_____________________________
* Incorporated by reference from the Registrant's
Current Report on Form 8-K, Commission File Number
0-23332, filed on March 5, 1997 with respect to
events of February 27, 1997.
<PAGE>
EXHIBIT 3
JOINT FILING AGREEMENT
The undersigned hereby agree that the statement on
Schedule 13D dated March 6, 1997, with respect to the Common
Stock of Electronic Fab Technologies Corp. is, and any
amendments thereto signed by each of the undersigned shall be,
filed on behalf of each of us pursuant to and in accordance with
the provisions of Rule 13d-1(f) under the Securities Exchange
Act of 1934.
This Agreement may be executed in counterparts, each of
which shall for all purposes be deemed to be an original, but
all of which shall constitute one and the same instrument.
IN WITNESS WHEREOF, the undersigned have each executed
this Joint Filing Agreement as of March 5, 1997.
/s/ Charles
Hewitson
Charles Hewitson
/s/ Matthew
Hewitson
Matthew Hewitson
/s/ Gregory
Hewitson
Gregory Hewitson
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