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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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SCHEDULE 13G
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 and 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
PORTLAND BREWING COMPANY
COMMON STOCK
CUSIP NUMBER 736 420 100
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Check the following box if a fee is being paid with this statement / /.
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CUSIP No. 736 420 100 13G Page 2 of 5 pages
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1 NAME OF REPORTING PERSON:
Electra Partners, Inc.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) / /
(b) /x/
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION:
Oregon, United States of America
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NUMBER OF 5 SOLE VOTING POWER: 180,300.00
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
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6 SHARED VOTING POWER: 43,848.75
7 SOLE DISPOSITIVE POWER: 180,300.00
8 SHARED DISPOSITIVE POWER: 43,848.75
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
224,148.75
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES / /
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9:
10.6%
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12 TYPE OF REPORTING PERSON: CO
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ITEM 1(a). NAME OF ISSUER:
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Portland Brewing Company
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
2730 NW 31st Avenue, Portland, Oregon 97210
ITEM 2(a). NAME OF PERSON FILING:
Electra Partners, Inc.
ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
17675 SW Farmington Road, Aloha, Oregon 97007-3216
ITEM 2(c). CITIZENSHIP:
Oregon, United States
ITEM 2(d). TITLE OF CLASS OF SECURITIES:
Common Stock
ITEM 2(e). CUSIP NUMBER:
736 420 100
ITEM 3. STATEMENT FILED PURSUANT TO 13d-1(b) OR 13d-2(b):
Not Applicable
ITEM 4. OWNERSHIP.
(a) Amount Beneficially Owned:
224,148.75 (43,848.75 of which is in derivative securities)
(b) Percent of class:
10.6%
(c) Number of shares as to which such person has:
(i) Sole power to vote/direct the vote: 180,300.00
(ii) Shared power to vote/direct the vote: 43,848.75
(iii) Sole power to dispose/direct the disposition of: 180,300.00
(iv) Shared power to dispose/direct the disposition of: 43,848.75
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
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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 GROUP.
Not Applicable
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ITEM 10. CERTIFICATION.
"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 purpose 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.
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(Date)
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(Signature)
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(Name/Title)
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