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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)*
NORTH AMERICAN SCIENTIFIC, INC.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
65715D100
(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 ("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).
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SCHEDULE 13G
CUSIP NO. 65715D100 PAGE 2 OF 4 PAGES
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Irwin A. Olian
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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
U.S.
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5 SOLE VOTING POWER
40,000
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NUMBER
OF
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 0
OWNED -----------------------------------------------------------
BY 7 SOLE DISPOSITIVE POWER
EACH 40,000
REPORTING -----------------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH 0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
40,000
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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
1.00%
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12 TYPE OF REPORTING PERSON*
IN
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ITEM 1 (a) Name of Issuer: North American Scientific, Inc.
ITEM 1 (b) Address of Issuer's Principal Executive Offices:
7435 Greenbush Avenue,
North Hollywood, CA 91605
ITEM 2 (a) Name of Person Filing: Irwin A. Olian
ITEM 2 (b) Address of Principal Business Office, or , if none,
Residence:
415 Carroll Canal
Venice, California 90291
ITEM 2 (c) Citizenship: United States
ITEM 2 (d) Title of Class of Securities:
Common Stock, $0.01 par value
ITEM 2 (e) CUSIP Number: 65715D100
ITEM 3 Not Applicable.
ITEM 4 Ownership:
The following information is provided as of
December 31, 1997:
(a) Amount Beneficially Owned: 40,000
(b) Percent of Class: 1.00%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 40,000
(ii) shared power to vote or to direct the vote: 0
(iii) sole power to dispose or to direct the
disposition of: 40,000
(iv) shared power to dispose or to direct the
disposition of: 0
ITEM 5 Ownership of Five Percent or Less of a Class:
If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial owner
of more than five percent of the class of securities, check the
following [X ].
Page 3 of 4 Pages
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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.
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.
Date: February 9, 1998
Signature: /s/ Irwin A.Olian
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Name/Title: Irwin A. Olian
Page 4 of 4 Pages
