<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b) AND (c) AND AMENDMENTS THERETO FILED
PURSUANT TO 13d-2(b)
OBJECTIVE COMMUNICATIONS, INC.
---------------------------
(Name of Issuer)
Common Stock, $0.01 value per share
------------------------------------
(Title of Class of Securities)
674421 10 2
--------------
(CUSIP Number)
- -----
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 (the "Act") or to
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 1 of 7 Pages<PAGE>
<PAGE>
CUSIP No. 674421-10-2 13G Page 2 of 7 Pages
=================================================================
1. NAME OF REPORTING PERSON -
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Princeton Venture Research, Inc. - 22-2572870
- -----------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [x]
- -----------------------------------------------------------------
3. SEC USE ONLY
- -----------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
State of New Jersey
- -----------------------------------------------------------------
5. SOLE VOTING POWER
735,661
NUMBER OF ------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY Not applicable.
OWNED BY ------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 735,661
PERSON ------------------------------------------------
WITH 8. SHARED DISPOSITIVE POWER
Not applicable.
- ----------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
735,661
- -----------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES
[]
- -----------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
12.5%
- -----------------------------------------------------------------
12. TYPE OF REPORTING PERSON
CO
=================================================================
<PAGE>
<PAGE>
CUSIP No. 674421-10-2 13G Page 3 of 7 Pages
=================================================================
1. NAME OF REPORTING PERSON -
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
John B. Torkelsen
- -----------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [x]
- -----------------------------------------------------------------
3. SEC USE ONLY
- -----------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- -----------------------------------------------------------------
5. SOLE VOTING POWER
735,661
NUMBER OF ------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY 0
OWNED BY ------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 735,661
PERSON ------------------------------------------------
WITH 8. SHARED DISPOSITIVE POWER
0
- ----------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
735,661
- -----------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES
[X]
- -----------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
12.5%
- -----------------------------------------------------------------
12. TYPE OF REPORTING PERSON
IN
================================================================= <PAGE>
<PAGE>
CUSIP No. 674421-10-2 13G Page 4 of 7 Pages
=================================================================
Item 1.
(a) Name of Issuer:
Objective Communications, Inc., a Delaware corporation
(b) Address of Issuer's Principal Executive Office:
75 Rochester Avenue
Portsmouth, NH 03801
Item 2. Name of Person Filing
(a) Name of Person Filing:
-Princeton Venture Research, Inc., a New Jersey
corporation
-John B. Torkelsen ("Mr. Torkelsen")
(b) Address of Principal Business Office:
John B. Torkelsen
c/o Princeton Venture Research, Inc.
5 Vaughn Drive
Princeton, NJ 08540
(c) Citizenship or place of organization:
Princeton Venture Research, Inc.: New Jersey
Mr. Torkelsen: United States
(d) Title Class of Securities:
Common Stock, $0.01 value per share
(e) CUSIP Number:
674421-10-2
Item 3. Category of person filing
Not applicable
<PAGE>
<PAGE>
CUSIP No. 674421-10-2 13G Page 5 of 7 Pages
=================================================================
Item 4. Ownership.
(a) Amount Beneficially Owned:
Princeton Venture Research, Inc. beneficially owned
735,661 shares of the Issuer's Common Stock, $0.01 par value per
share (the "Common Stock") as of December 31, 1997.
Mr. Torkelsen, as the President and sole shareholder of
Princeton Venture Research, Inc., beneficially owned the 735,661
shares of Common Stock held by Princeton Venture Research, Inc.
as of December 31, 1997. Mr. Torkelsen disclaims beneficial
ownership of the 25,000 shares of Common Stock beneficially owned
by his wife, Pamela R. Torkelsen as of December 31, 1997.
(b) Percent of Class:
Princeton Venture Research, Inc.: 12.5%
Mr. Torkelsen: 12.5%
(c) Number of Shares to Which Such Person Has:
Princeton Venture Research, Inc:
(i) Sole voting power: 735,661
(ii) Shared voting power: 0
(iii) Sole dispositive power: 735,661
(iv) Shared dispositive power: 0
Mr. Torkelsen:
(i) Sole voting power: 735,661
(ii) Shared voting power: 0
(iii) Sole dispositive power: 735,661
(iv) Shared dispositive power: 0
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 Members of the
Subsidiary Which Acquired the Securities Being Reported
on by the Parent Holding Company.
Not Applicable.
<PAGE>
CUSIP No. 674421-10-2 13G Page 6 of 7 Pages
=================================================================
Item 8. Identification and Classification of Members of the
Group.
Not Applicable.
Item 9. Notice of Dissolution of Group.
Not Applicable.
Item 10. Certification.
By signing below Princeton Venture Research, Inc. and Mr.
Torkelsen each certify that, to the best of such parties'
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.
<PAGE>
<PAGE>
CUSIP No. 674421-10-2 13G Page 7 of 7 Pages
=================================================================
SIGNATURE
After reasonable inquiry and to the best of our knowledge
and belief, we certify that the information set forth in this
statement is true, complete and correct.
Date: February 13, 1998 Princeton Venture Research, Inc.
By: /s/ John B. Torkelsen
----------------------------
John B. Torkelsen, President
Date: February 13, 1998 /s/ John B. Torkelsen
--------------------------------
John B. Torkelsen
