<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Amendment No. 1)
Under the Securities Exchange Act of 1934
THE AMERICAS GROWTH FUND, INC.
-----------------------------------------------------
(Name of Issuer)
COMMON STOCK
-----------------------------------------------------
(Title of Class of Securities)
03060F107
-----------------------------------------------------
(CUSIP Number)
Robert W. Forman, Esq.
Greenberger & Forman
1370 Avenue of the Americas
New York, New York 10019
212/757-4001
-----------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
December 4, 1996
-----------------------------------------------------
(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 |__|.
Check the following box if a fee is being paid with the statement | |.
<PAGE>
------------------------ ------------------------
| CUSIP NO.03060F107 | | Page 2 of 4 pages |
| | | |
------------------------ -----------------------
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Kevin C. King 464-0403209
- ------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
- ------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
FF
- ------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e) [ ]
- ------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
Organized in England.
- ------------------------------------------------------------------------------
NUMBER OF | 7 | SOLE VOTING POWER
SHARES | | 77,100
BENEFICIALLY | |
OWNED BY | 8 | SHARED VOTING POWER
EACH | | None.
REPORTING | 9 | SOLE DISPOSITIVE POWER
PERSON WITH | | 77,100
| 10 | SHARED DISPOSITIVE POWER
| | None.
- ------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
77,100
- ------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- ------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.1%
- ------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- ------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
------------------------ ------------------------
| CUSIP NO.03060F107 | | Page 3 of 4 pages |
| | | |
------------------------ -----------------------
STATEMENT FOR SCHEDULE 13D
This Statement amends Items 3 and 5 to the Schedule 13D filed
by Kevin C. King (the "Reporting Person") with respect to the common stock, $.01
par value, of The Americas Growth Fund, Inc., a Maryland corporation (the
"Issuer").
Item 3. Source and Amount of Funds or Other Consideration.
Mr. King is the beneficial owner of 77,100 shares of the
common stock, for which he paid an aggregate $193,862, the source
of which was personal funds.
Item 5. Interest in Securities of the Issuer.
Aggregate Number and Percentage of Securities: Mr. King
beneficially owns 77,100 shares of common stock, representing 6.1%
of the Issuer's outstanding Common Stock.
Power to Vote and Dispose: Mr. King has voting and
dispositive power over all shares beneficially owned by him.
Transactions within Past 60 days: Other than the purchases set
forth below, Mr. King has not engaged in any transactions with respect to the
Issuer's securities in the past sixty days.
Date Price Shares
- ---- ----- ------
9/6/96 2 5/16 1,500
10/22/96 2 3/5 2,500
12/4/96 2 9/16 5,000
12/11/96 2 5/8 4,200
Certain Rights of Other Persons: Not applicable.
Date Ceased to be 5% Owner: Not applicable.
<PAGE>
------------------------ ------------------------
| CUSIP NO.03060F107 | | Page 4 of 4 pages |
| | | |
------------------------ -----------------------
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: December 23, 1996
/S/ Kevin C. King
-------------------------------
Kevin C. King
