UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
Coffee People, Inc.
(Name of Issuer)
Common Stock, No Par Value
(Title of Class of Securities)
192189 10 8
(CUSIP Number)
* The remainder of this cover page shall be filled out for a reporting persons'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).
CUSIP No. 192189 10 8
<PAGE>
Item 1: Name of reporting person; S.S. or I.R.S. identification no. of above
person:
Gary G. Talboy; ###-##-####
Item 2: Check the appropriate box if a member of a group:
(a) [ ] (b) [ ]
Item 3: SEC use only:
Item 4: Citizenship or place of organization:
United States of America
Number of shares beneficially owned by each reporting person with:
Item 5: Sole voting power:
285,250
Item 6: Shared voting power:
0
Item 7: Sole dispositive power:
285,250
Item 8: Shared dispositive power:
0
Item 9: Aggregate amount beneficially owned by each reporting person:
285,250
<PAGE>
Item 10: Check box if the aggregate amount in row (9) excludes certain
shares: [ ]
N/A
Item 11: Percent of class represented by amount in row 9:
8.7%
Item 12: Type of reporting person:
IN
<PAGE>
Item 1(a): Name of issuer:
Coffee People, Inc.
Item 1(b): Address of Issuer's Principal Executive Offices:
3259 N.W. 29th Avenue
Portland, OR 97210
Item 2(a): Name of Person Filing:
Gary G. Talboy
Item 2(b): Address of Principal Business Office, or, if none, Residence:
3259 NW 29th Avenue
Portland, OR 97210
Item 2(c): Citizenship:
United States of America
Item 2(d): Title of Class of Securities:
Common Stock
Item 2(e): CUSIP Number:
192189 10 8
Item 3: If this statement is filed pursuant to Rules 13d-1(b) or
13d-2(b), check whether the person filing is a:
Not applicable
<PAGE>
Item 4: Ownership.
The following information is as of December 31, 1996:
(a) Amount Beneficially Owned:
285,250 shares
(b) Percent of Class:
The shares represent 8.7 percent of the class
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 285,250
(ii) Shared power to vote or to direct the vote: 0
(iii) Sole power to dispose or to direct the disposition of:
285,250
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5: Ownership of Five Percent of 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
<PAGE>
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, I certify
that the information set forth in this statement is true, complete, and correct.
February , 1997
/s/ Gary G. Talboy
------------------------------
Gary G. Talboy
ATTENTION: Intentional misstatements or omissions of fact constitute federal
criminal violations (see 18 USC 1001)
