<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
R.H. Phillips, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
749573 101
(CUSIP Number)
Check the following box if a fee is being paid with this statement.
(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> 2
CUSIP No. 749573 101 13G Page 1 of 2
Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
R. Ken Coit
###-##-####
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A
GROUP
Not applicable (a)
(b)
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
NUMBER OF 5 SOLE VOTING POWER
SHARES 308,413
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY -0-
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 308,413
PERSON 8 SHARED DISPOSITIVE POWER
WITH -0-
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
308,413
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9
EXCLUDES CERTAIN SHARES*
Not Applicable
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
4.8% (Formerly 5.04%. Currently below 5% due to
additional shares issued)
12 TYPE OF REPORTING PERSON*
Individual
<PAGE> 3
The original statement shall be signed by each person on
whose behalf the statement is filed or his authorized representative.
If the statement is signed on behalf of a person by his authorized
representative other than an executive officer or general partner of
the filing person, evidence of the representative's authority to sign
on behalf of such person shall be filed with the statement, provided,
however, that a power of attorney for this purpose which is already
on file with the Commission may be incorporated by reference. The
name and any title of each person who signs the statement shall be
typed or printed beneath his signature.
Note: Six copies of this statement, including all exhibits, should be
filed with the Commission.
Attention: Intentional misstatements or omissions of fact
constitute Federal criminal violation (See 18 U.S.C. 1001)
Item 1(a) Name of Issuer:
R.H. Phillips, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
26836 County Road 12A
Esparto, CA 95627
Item 2(a) Name of Person Filing:
R. Ken Coit
Item 2(b) Address of the Principal Offices:
The principal business office of R. Ken Coit
is located at 1655 N. Main St., Suite 270,
Walnut Creek, CA 94596
Item 2(c) Citizenship:
USA
Item 2(d) Title of Class of Securities:
Common Stock
Item 2(e) CUSIP Number:
749573101
Item 3 If the Statement if being filed pursuant to Rule 13d-1(b),
or 13d-2(b),
Not Applicable
Item 4 Ownership:
(a) Amount Beneficially Owned:
308,413
(b) Percent of Class:
4.8%
(c) (i) sole power to vote or to direct the vote: 308,413
(ii) shared power to vote or to direct the vote: -0-
(iii) sole power to dispose or to direct the disposition: 308,413
(iv) shared power to dispose or to direct the disposition
of: -0-
<PAGE> 4
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 a Group:
Not Applicable
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the ordinary
course of business and were not acquired for the purpose of and do not
have the effect of changing or influencing the control of the issuer of
such securities and were not acquired in connection with or as a
participant in any transaction having such purposes or effect.
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.
February 6, 1997
Date
//s/ R. Ken Coit
Signature
R. Ken Coit/
Director
Name/Title
