SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 0)*
RESTAURANT TEAMS INTERNATIONAL, INC.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
761265 10 7
(CUSIP Number)
December 31, 1998
(Date of Event Which
Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*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).
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Schedule 13G
CUSIP No. 761265 10 7
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)
Stanley L. Swanson
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions) (a) [ ]
(b) [ ]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
NUMBER OF 5 SOLE VOTING POWER
1,139,781
SHARES
6 SHARED VOTING POWER
BENEFICIALLY 0
OWNED BY 7 SOLE DISPOSITIVE POWER
1,139,781
EACH REPORTING
8 SHARED DISPOSITIVE POWER
PERSON WITH 0
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
1,139,781
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES (See Instructions) [ ]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 17.4%
12 TYPE OF REPORTING PERSON (See Instructions)
IN
- -------------------------------------
(1) Based on 6,515,414 shares of Common Stock outstanding as reported in
the Issuer's most recently filed Form 10-Q.
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Item 1(a). Name of Issuer.
Restaurant Teams International, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices.
1705 E. Whaley
Longview, Texas 75605
Item 2(a) Name of Person Filing.
Stanley L. Swanson
Item 2(b). Address of Principal Business Office or, if none, Residence.
1705 E. Whaley
Longview, Texas 75605
Item 2(c). Citizenship.
United States
Item 2(d). Title of Class of Securities.
Common Stock, par value $.01 per share
Item 2(e). CUSIP Number.
761265 10 7
Item 3. If this statement is filed pursuant to 240.13d(b) or
240.13d-2(b) or (c), check whether the person filing is a:
(a) [ ] Broker or dealer registered under section 15 of the
Act (15 U.S.C. 78o).
(b) [ ] Bank as defined in section 3(a)(6) of the Act (15
U.S.C. 78c).
(c) [ ] Insurance company as defined in section 3(a)(19) of
the Act (15 U.S.C. 78c).
(d) [ ] Investment company registered under section 8 of
the Investment Company Act of 1940 (15 U.S.C. 80a-8).
(e) [ ] An investment adviser in accordance with
240.13d-1(b)(1)(ii)(E);
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(f)[ ] An employee benefit plan or endowment fund in
accordance with 240.13d- 1(b)(1)(ii)(F);
(g)[ ] A parent holding company or control person in
accordance with 240.13d- 1(b)(1)(ii)(G);
(h)[ ] A savings association as defined in Section 3(b)
of the Federal Deposit Insurance Act (12 U.S.C.
1813);
(i)[ ] A church plan that is excluded from the
definition of an investment company under section
3(c)(14) of the Investment Company Act of 1940 (15
U.S.C.
80a-3);
(j)[ ] Group, in accordance with 240.13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to 240.13d-1(c), check this box. [X]
Item 4. Ownership
Provide the following information regarding the aggregate number and percentage
of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned:
On January 1, 1996, Mr. Swanson beneficially owned 1,203,921
shares of the common stock of Restaurant Teams
International, Inc. ("RTI"). Such shares were acquired by
Mr. Swanson prior to the registration of the common stock
under the Securities Exchange Act of 1934. Mr. Swanson had
sole power to vote or direct the vote and the sole power to
dispose or direct the disposition of all such shares of
common stock.
During October 1998, Mr. Swanson made gifts totaling 4,140
shares of common stock, and sold 60,000 shares of common
stock under Rule 144. As of December 31, 1998, Mr. Swanson
owned 1,139,781 shares of common stock.
(b) Percent of class: 17.4%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 1,139,781
(ii) shared power to vote or to direct the vote: None
(iii) sole power to dispose or to direct the disposition
of: 1,139,781
(iv) shared power to dispose or to direct the disposition
of: None
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Item 5. Ownership of Five Percent or Less of a Class
Not applicable.
Item 6. Ownership of more than Five Percent on Behalf of Another Person
Not applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company
Not applicable.
Item 8. Identification and Classification of Members of the Group
Not applicable.
Item 9. Notice of Dissolution of Group
Not applicable.
Item 10. Certification
Not applicable.
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.
Date: February 12, 1999
/s/ Stanley L. Swanson
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Stanley L. Swanson
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