ELECTRONIC FAB TECHNOLOGY CORP
SC 13G, 1997-03-07
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                 SECURITIES AND EXCHANGE COMMISSION
                       Washington, D.C.  20549
                                  
                            SCHEDULE 13G
                           (Rule 13d-102)
                                  
                                  
                  Information Statement Pursuant to
           Rules 13d-1 and 13d-2 Under the Securities Exchange Act of
     1934
                          (Amendment No. 1)
                                  
                                  
                   ELECTRONIC FAB TECHNOLOGY CORP.
                          (Name of Issuer)
                                  
               Common Stock, $.01 par value per share
                   (Title of Class of Securities)
                                  
                             28570P 10 5
                           (CUSIP Number)
                                  
                                  
                                   
                    <PAGE>
     CUSIP No. 28570P 10 2
                                    13G
                             Page 2 of 5 Pages
                                     
                                     
                                     
                                     1
                         NAME OF REPORTING PERSON
             S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
                                     
                            Kenneth J. Schultz
                                     
                                     
                                     
                                     2
             CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                     
                                     
                                (a)      o
                                  (b)  o
                                     
                                     
                                     3
                               SEC USE ONLY
                                     
                                     
                                     
                                     
                                     4
                   CITIZENSHIP OR PLACE OF ORGANIZATION
                                     
                                    USA
                                     
                                     
                                     
                                     
                                     
                                     
                                 NUMBER OF
                                  SHARES
                               BENEFICIALLY
                                 OWNED BY
                                   EACH
                                 REPORTING
                                  PERSON
                                   WITH
                                     5
                             SOLE VOTING POWER
                                     
                                  150,800
                                     
                                     
                                     
                                     6
                            SHARED VOTING POWER
                                     
                                  100,000
                                     
                                     
                                     
                                     7
                          SOLE DISPOSITIVE POWER
                                     
                                  150,800
                                     
                                     
                                     
                                     8
                         SHARED DISPOSITIVE POWER
                                     
                                  100,000
                                     
                                     
                                     9
       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                                     
                                  250,800
                                     
                                     
                                    10
     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
     SHARES*   o
                                     
                                     
                                     
                                     
                                    11
              PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                                     
                                   6.36%
                                     
                                     
                                    12
                         TYPE OF REPORTING PERSON*
                                     
                                    IN
                                     
                                     
     <PAGE>
     This Amendment No. 1 to Information Statement on Schedule
     13G is filed by Kenneth J. Schultz with respect to the securities
     specified below of Electronic Fab Technology Corp. and restates 
     the information set forth on the initial Schedule 13G filed by
     Mr. Schultz in paper format on March 20, 1995 with respect to such
     securities.
     
     
     Item 1.
     
          (a)  Name of Issuer
                    
                    Electronic Fab Technology Corp.
     
          (b)  Address of Issuer's Principal Executive Offices
     
                    7251 West 4th Street
                    Greeley, Colorado  80634-9763
     
     Item 2.
     
          (a)  Name of Person Filing
     
                    Kenneth J. Schultz
     
          (b)  Address of Principal Business Office or, if none,
     Residence
     
                    2129 Reservoir Road
                    Greeley, CO  80631
     
          (c)  Citizenship
     
                    See Item 4 of Cover Page
     
          (d)  Title of Class of Securities
     
                    Common stock, par value $.01 per share, of
     Electronic Fab Technology Corp. (the
                    "EFTC Common Stock")
     
          (e)  CUSIP Number
     
                    28570P 10 5
     
     Item 3.  If this statement is filed pursuant to Rule 13d-1(b), or
     13d-2(b), check whether the person
     filing is a :
     
          N/A
                                <PAGE>
Item 4.  Ownership
     
          (a)   Amount Beneficially Owned
     
                See Item 9 of Cover Page.
     
          (b)   Percent of Class
     
                See Item 11 of Cover Page and Item 4(a) above.
     
          (c)   Number of shares as to which such person has:
     
             (i)    sole power to vote or to direct the vote
     
                See Item 5 of Cover Page.
     
             (ii)   shared power to vote or to direct the vote
     
                See Item 6 of Cover Page.  The filing person
     contributed such 100,000 shares to a
                partnership of which Mr. Schultz is a general partner.
     
             (iii)  sole power to dispose or to direct the disposition
     of
     
                See Item 7 of Cover Page.
     
             (iv)   shared power to dispose or to direct the
     disposition of
     
                See Item 8 of Cover Page and Item 4(c) (ii) above.
     
     Item 5.  Ownership of Five Percent or Less of a Class
     
          If this statement is being filed to report the fact that as
     of the date hereof the reporting person has
     ceased to be the beneficial owner of more than five percent of
     the class of securities, check the following.   
     
     Item 6.  Ownership of More than Five Percent on Behalf of Another
     Person.
     
          N/A
     
     Item 7.  Identification and Classification of the Subsidiary
     Which Acquired the Security Being
     Reported on By the Parent Holding Company
     
          N/A
     
     Item 8.  Identification and Classification of Members of the
     Group
     
          N/A
     
          <PAGE>
Item 9.  Notice of Dissolution of Group
     
          N/A
     
     Item 10.  Certification
     
          N/A
     
                                   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.
     
     
     Date:  March 6, 1997                                              
          Kenneth J. Schultz                             
                                   KENNETH J. SCHULTZ  
     
     
     
     
     
     
     
     
     
     
     
     
     
          <PAGE>
     Following is the text of the initial Information Statement
     on Schedule 13G, filed in paper format on
     March 20, 1995, to which this Amendment No. 1 relates.
     
     
                              UNITED STATES
                    SECURITIES AND EXCHANGE COMMISSION
                         Washington, D.C.  20549
                                     
                               SCHEDULE 13G
                                     
                                     
                Under the Securities Exchange Act of 1934
                         (Amendment No. ______)*
                                     
                                     
                     ELECTRONIC FAB TECHNOLOGY CORP.
                             (Name of Issuer)
                                     
                  Common Stock, $.01 par value per share
                      (Title of Class of Securities)
                                     
                               28570P 10 5
                              (CUSIP Number)
                                     
                                     
     Check the following box if a fee is being paid with this
     statement x.  (A fee is not required only if the filing
     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).
     
     *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 the disclosures provided in a prior
     cover page.
     
     The information required in 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>
     CUSIP No. 910734 10 2
                                    13G
                                     
                                     
                                     
                                     
                                     1
                         NAME OF REPORTING PERSON
             S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
                                     
                            Kenneth J. Schultz
                                     
                                     
                                     
                                     2
             CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                     
                                     
                                (a)      o
                                  (b)  o
                                     
                                     
                                     3
                               SEC USE ONLY
                                     
                                     
                                     
                                     
                                     4
                   CITIZENSHIP OR PLACE OF ORGANIZATION
                                     
                                    USA
                                     
                                     
                                     
                                     
                                     
                                     
                                 NUMBER OF
                                  SHARES
                               BENEFICIALLY
                                 OWNED BY
                                   EACH
                                 REPORTING
                                  PERSON
                                   WITH
                                     5
                             SOLE VOTING POWER
                                     
                                  217,800
                                     
                                     
                                     
                                     6
                            SHARED VOTING POWER
                                     
                                     
                                     
                                     
                                     
                                     7
                          SOLE DISPOSITIVE POWER
                                     
                                  217,800
                                     
                                     
                                     
                                     8
                         SHARED DISPOSITIVE POWER
                                     
                                     
                                     
                                     
                                     9
       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                                     
                                  217,800
                                     
                                     
                                    10
     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
     SHARES*
                                     
                                     
                                     
                                     
                                    11
              PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                                     
                                   5.9%
                                     
                                     
                                    12
                         TYPE OF REPORTING PERSON*
                                     
                                    IN
                                     
                                     
                         *SEE INSTRUCTION BEFORE FILLING OUT!<PAGE>
Item 1.
     
          (a)   Name of Issuer
                
                Electronic Fab Technology Corp.
     
          (b)   Address of Issuer's Principal Executive Offices
     
                7251 West 4th Street
                Greeley, Colorado  80634-9763
     
     Item 2.
     
          (a)   Name of Person Filing
     
                Kenneth J. Schultz
     
          (b)   Address of Principal Business Office or, if none,
     Residence
     
                c/o Electronic Fab Technology Corp.
                7251 West 4th Street
                Greeley, CO  80634-9763
     
          (c)   Citizenship
     
                See Item 4 of Cover Page
     
          (d)   Title of Class of Securities
     
                Common stock, par value $.01 per share
     
          (e)   CUSIP Number
     
                28570P 10 5
     
     Item 3.  If this statement is filed pursuant to Rule 13d-1(b), or
     13d-2(b), check whether the person
     filing is a :
     
          (a)       Broker or Dealer registered under Section 15 of the Act
          (b)       Bank as defined in section 3(a)(6) of the Act
          (c)       Insurance Company as defined in section
                    3(a)(19) of the Act
          (d)       Investment Company registered under section 8 of
                    the Investment Company Act
          (e)       Investment Adviser registered under section 203 of
                    the Investment Advisers Act of 1940<PAGE>
          (f)       Employee Benefit Plan, Pension Fund which is
                    subject to the provisions of the Employee Retirement
                    Income Security Act of 1974 or Endowment Fund; 
                    see Sec. 240.13d-1(b)(ii)(F)
          (g)       Parent Holding Company, in accordance with Sec.
                    240.13d-1(b)(ii)(G)
                    (Note:  See Item 7)
          (h)       Group, in accordance with Sec.
                    240.13d-1(b)(1)(ii)(H)
     
     Item 4.  Ownership
     
          (a)   Amount Beneficially Owned
     
                See Item 9 of Cover Page
     
          (b)   Percent of Class
     
                See Item 11 of Cover Page
     
          (c)   Number of shares as to which such person has:
     
             (i)    sole power to vote or to direct the vote
     
                See Item 5 of Cover Page
     
             (ii)   shared power to vote or to direct the vote
     
                See Item 6 of Cover Page
     
             (iii)  sole power to dispose or to direct the disposition of
     
                See Item 7 of Cover Page
     
             (iv)   shared power to dispose or to direct the
     disposition of
     
                See Item 8 of Cover Page
     
     Item 5.  Ownership of Five Percent or Less of a Class
     
          If this statement is being filed to report the fact that as
     of the date hereof the reporting person has
     ceased to be the beneficial owner of more than five percent of
     the class of securities, check the following.   
          <PAGE>
Item 6.  Ownership of More than Five Percent on Behalf of Another
     Person.
     
          N/A
     
     Item 7.  Identification and Classification of the Subsidiary
     Which Acquired the Security Being
     Reported on By the Parent Holding Company
     
          N/A
     
     Item 8.  Identification and Classification of Members of the
     Group
     
          N/A
     
     Item 9.  Notice of Dissolution of Group
     
          N/A
     
     Item 10.  Certification
     
          N/A
     
                                   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.
     
     
     Date:  March 14, 1995                                            
     Kenneth J. Schultz                        
                                   KENNETH J. SCHULTZ  
     
     
     
     
     
     
     
     
     
     
     
     
     
     


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