SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)
KNOGO NORTH AMERICA INC.
------------------------
(Name of Issuer)
Common Stock, par value $.01
------------------------------
(Title of Class of Securities)
499163103
--------------
(CUSIP Number)
Walter J. Schloss
Walter & Edwin Schloss Associates, L.P.
52 Vanderbilt Avenue
New York, New York 10017
(212) 370-1844
-----------------------------------
(Name, Address and Telephone Number
of Person Authorized to Receive
Notices and Communications)
February 12, 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 [ ].
Page 1 of 2 Pages
<PAGE>
On February 2, 1995, there was filed with the Securities and Exchange
Commission a Statement on Schedule 13D, which was amended by Amendment No. 1 on
June 10, 1996 (the "Statement"), relating to shares of Common Stock, par value
$.01 per share (the "Common Stock"), of Knogo North America Inc. (the "Company")
beneficially owned by Walter & Edwin Schloss Associates, L.P. ("Associates"),
Walter J. Schloss and Edwin W. Schloss. All capitalized terms used herein and
not otherwise defined herein shall have the same respective meanings as used in
the Statement.
This Amendment No. 2 is being filed to terminate this Statement as a
result of the stock distribution transaction (the "Distribution") described in
the Joint Proxy Statement/Prospectus, dated January 21, 1997 (the "Proxy
Statement"), of the Company and Video Sentry Corporation, pursuant to which all
holders of shares of Common Stock immediately prior to the Distribution ceased
to be stockholders of the Company and received one share of each of Common
Stock, par value $0.001 per share, and Class A Preferred Stock, par value $0.001
per share (collectively, the "Sentry Stock"), of Sentry Technology Corporation
for each 1.2022 shares of Common Stock of the Company held by them. The Filing
Persons are reporting separately their acquisition of Sentry Stock pursuant to
the Distribution.
After reasonable inquiry and to the best of the undersigned's knowledge
and belief, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
/s/ WALTER J. SCHLOSS
--------------------------------
Walter J. Schloss
/s/ EDWIN W. SCHLOSS
--------------------------------
Edwin W. Schloss
WALTER & EDWIN SCHLOSS ASSOCIATES,
L.P.
By: Schloss Management Company, General
Partner
By:/s/ WALTER J. SCHLOSS
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Walter J. Schloss, General Partner
By:/s/ EDWIN W. SCHLOSS
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Edwin W. Schloss, General Partner
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