SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
INFORMATION STATEMENT PURSUANT TO
RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Embryo Development Corporation
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(Name of Issuer)
COMMON STOCK, PAR VALUE $.0001 PER SHARE
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(Title of Class of Securities)
29081810
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(CUSIP Number)
December 31, 1996
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(Date of Schedule 13G)
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CUSIP No. 29081810 13G Page 2 of 6 Pages
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1 NAME OF REPORTING PERSONS: LLOYD MARKS
S.S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: ###-##-####
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
Not Applicable (a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
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NUMBER OF 5 SOLE VOTING POWER 600,000*
SHARES
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER 0
EACH
REPORTING --------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER 600,000*
WITH
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8 SHARED DISPOSITIVE POWER 0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH 600,000*
REPORTING PERSON
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10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES [ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 11.0%**
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12 TYPE OF REPORTING PERSON IN
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*Shares issuable, if at all, upon the exercise of common stock purchase
warrants.
**Based upon 4,485,000 shares of outstanding common stock as of March 10, 1997
as disclosed within the Company's Report on Form 10-QSB for the quarterly
period ended January 31, 1997.
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CUSIP No. 29081810 13G Page 3 of 6 Pages
Item 1. (a) Name of Issuer:
Embryo Development Corporation
(b) Address of Issuer's Principal Executive Offices:
750 Lexington Avenue, Suite 2750, New York, NY 10022*
Item 2. (a) Name of Person Filing:
Lloyd Marks
(b) Address of Principal Business Office or, if none, Residence:
1021 Minisink Way, Westfield, NJ 07090
(c) Citizenship:
United States
(d) Title of Class of Securities:
Common Stock, Par Value $.0001 Per Share
(e) CUSIP Number:
29081810
Item 3. Statement is filed pursuant to Rules 13d-1(b), or 13d-2(b).
Not Applicable.
Item 4. Ownership
(a) Amount Beneficially Owned:
600,000 shares issuable, if at all, upon the exercise of
common stock purchase warrants
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*Based upon information disclosed within the Company's Report on Form 10-QSB
for the quarterly period ended January 31, 1997.
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CUSIP No. 29081810 13G Page 4 of 6 Pages
(b) Percent of Class:
11.0%*
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
600,000 shares issuable, if at all, upon the exercise
of common stock purchase warrants
(ii) shared power to vote or to direct the vote:
0
(iii) sole power to dispose or to direct the disposition of:
600,000 shares issuable, if at all, upon the exercise
of common stock purchase warrants
(iv) shared power to dispose or to direct the
disposition of:
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 the Subsidiary which Acquired
the Security Being Reported on by the Parent Holding Company.
Not Applicable.
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*Based upon 4,845,000 shares of outstanding common stock as of March 10, 1997
as disclosed within the Company's Report on Form 10-QSB for the quarterly
period ended January 31, 1997.
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CUSIP No. 29081810 13G Page 5 of 6 Pages
Item 8. Identification and Class of Members of the Group
Not Applicable.
Item 9. Notice of Dissolution of Group
Not Applicable.
Item 10. Certification
Not Applicable.
Exhibits - None.
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CUSIP No. 29081810 13G Page 6 of 6 Pages
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.
May 29, 1997
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Date
/s/ Lloyd Marks
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Signature
Lloyd Marks
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Name