SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13D
Under the Securities Exchange Act of 1934 (Amendement No. )*
MVSI, Inc.
(Name of the Issuer)
Common Stock
(Title of Class Securities)
553888108
(CUSIP Number)
Hirata Corporation, 3-9-20 Togoshi, Shinagawa, Tokyo 142, Japan
Tel.: 03-3786-1226
(Name, Address and Telephone Number of Person Authorized to Receive notices
and Communications)
December 15, 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 [].
Note : Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1(b)(3) or (4) for other parties to whom
copies are to be sent.
*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 sbsequent amendment containing information which
would alter diclosure in a prior page.
The information required on the remainder of this cover page shall be
deemend to be "filed" for the purpose of Section 18 of the Securities
Exchange Act of 1934 ("Act") or otherwise subject to all other provisions
of the Act (however, see the Notes)
CUSIP No. 553888108
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1) Name(s) of Reporting Person(s); S.S. or I.R.S. Identification No. of
above Person
Hirarta Corporation, 3-9-20 Togoshi, Shinagawa, Tokyo 142, Japan
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2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [x]
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3) SEC Use Only
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4) Source of Funds (See Instructions)
WC (Working Capital)
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5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e) [ ]
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6) Citizenship or Place of Organization
JAPAN
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(7) Sole Voting Power 1,000,000
Number of shares -------------------------------------------------------
(8) Shared Voting Power
Beneficially Owned -------------------------------------------------------
(9) Sole Dispositive Power 1,000,000
by Each Reporting -------------------------------------------------------
(10) Shared Dispositive Power
Person with -------------------------------------------------------
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11) Aggregate Amount Beneficially Owned by Each Reporting Person
1,000,000
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12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions) [ ].
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13) Percent of Calss Represented by Amount in Row (11)
5.99%
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14) Type of Reporting Person
CO (Corporation)
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Item 1. Security and Issuer
The securities acquired are shares of the common stock, $.01 par
value, of MVSI, Inc. (MVSI), 8133 Leesburg, Suite 750, VA. 22182.
Item 2. Identity and Background
(a) Hirata Corporation
(b) 3-9-20 Togoshi, Shinagawa, Tokyo 142, Japan
(c) Manufacturer of industrial production line and peripheral devices.
(d) Neither the reporting person nor its beneficiary(ies) have been
convicted in any criminal proceedings during the past five years.
(e) Neither the reporting person nor its benificiary(ies) have been
a party to a civil proceeding of a judicial or administrative body
of the type contemplated by this item.
(f) JAPAN
Item 3. Source and Amount of Funds or Other Consideration.
Working Capital $4,200,000.00
Item 4. Purpose of Transaction
The securities were acquired for investment.
Hirata Corporation does not have any plans or proposals that relate
to or would result in any of the actions specified in clauses (a)
through (j) of Item 4 in Schedule 13D.
Item 5. Interest in Securities of the Issuer
(a) Hirata Corporation beneficially owns 1,000,000 shares of common
stock of MVSI, Inc. Which constitutes 5.99% of the total
amount of stock in that class.
(b) Hirata Corporation has the sole power to vote or direct the vote
and sole power to dispose or direct the disposition of the MVSI,
Inc. common stock.
(c) On December 15, 1997, Hirata Corporation exercised 1,000,000
Warrants Class B, which entitled Hirata Corporation to purchase
1,000,000 shares of common stock $.01 par value, at an exercise
price of $4.20 per shrare.
(d) Not applicable
(e) Not applicable
Item 6. Contracts, Arrangements, Understandings or Relationships with
Respect to Securities of the Issuer
Hirata Corporation has no contracts, arrangements, understandings,or
relationships with any person with respect to any securities of MVSI,
Inc.
Item 7. Materials to be Filed as Exhibits.
NONE
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 27, 1998.
Signature: /s/ Hiroyuki Hirata
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Name/Title :Hiroyuki Hirata, Managing Director
