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<SEC-DOCUMENT>0000950144-02-010119.txt : 20021001
<SEC-HEADER>0000950144-02-010119.hdr.sgml : 20021001
<ACCEPTANCE-DATETIME>20021001101749
ACCESSION NUMBER:		0000950144-02-010119
CONFORMED SUBMISSION TYPE:	SC 13D
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20021001

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DEMORA JULIAN
		CENTRAL INDEX KEY:			0000898182

	FILING VALUES:
		FORM TYPE:		SC 13D

	BUSINESS ADDRESS:	
		STREET 1:		PO BOX 220139
		CITY:			HOLLYWOOD
		STATE:			FL
		ZIP:			33022
		BUSINESS PHONE:		9549273092

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CSP INC /MA/
		CENTRAL INDEX KEY:			0000356037
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373]
		IRS NUMBER:				042441294
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		SC 13D
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-34033
		FILM NUMBER:		02777589

	BUSINESS ADDRESS:	
		STREET 1:		43 MANNING ROAD
		CITY:			BILLERICA
		STATE:			MA
		ZIP:			01821
		BUSINESS PHONE:		9786637598

	MAIL ADDRESS:	
		STREET 1:		43 MANNING ROAD
		CITY:			BILLERICA
		STATE:			MA
		ZIP:			01821
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13D
<SEQUENCE>1
<FILENAME>g78538sc13d.htm
<DESCRIPTION>CSP, INC/JULIAN DEMORA
<TEXT>
<HTML>
<HEAD>
<TITLE>CSP, Inc/Julian Demora</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<P align="center"><FONT size="2">UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
Washington, D.C. 20549</FONT>

<P align="center"><FONT size="2"><B>SCHEDULE 13D</B><BR>
Under the Securities Exchange Act of 1934<BR>
(Amendment No. ______)*</FONT>

<P align="center"><FONT size="2">CSP, Inc</FONT>

<HR width="100%" align="center" size="1" noshade>

<DIV align="center"><FONT size="2">(Name of Issuer)</FONT></DIV>

<P align="center"><FONT size="2">Common Stock (par value $0.01 per share)</FONT>

<HR width="100%" align="center" size="1" noshade>
<DIV align="center"><FONT size="2">(Title of Class of Securities)</FONT></DIV>

<P align="center"><FONT size="2">126389105</FONT>

<HR width="100%" align="center" size="1" noshade>

<DIV align="center"><FONT size="2">(CUSIP Number)</FONT></DIV>

<P align="center"><FONT size="2">Julian Demora<BR>
PO Box 220139<BR>
Hollywood, FL 33022<BR>
(954)&nbsp;927-3092</FONT>

<HR width="100%" align="center" size="1" noshade>

<DIV align="center"><FONT size="2">(Name, Address and Telephone Number of Person Authorized to<BR>
Receive Notices and Communications)</FONT></DIV>

<P align="center"><FONT size="2">August&nbsp;28, 2002</FONT>

<HR width="100%" align="center" size="1" noshade>

<DIV align="center"><FONT size="2">(Date of Event which Requires Filing of this Statement)</FONT></DIV>

<P><FONT size="2">If the filing person has previously filed a statement on Schedule&nbsp;13G to report
the acquisition that is the subject of this Schedule&nbsp;13D, and is filing this
schedule because of &#167;&#167;240.13d-1(e), 240.13d-1 (f)&nbsp;or 240.13d-1(g), check the
following box. &#091; &#093;
</FONT>
<P><FONT size="2">Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See &#167;240.13d-7 for other
parties to whom copies are to be sent.
</FONT>
<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
        <TD width="1%" align="left" nowrap><FONT size="2">*</FONT></TD>
        <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="98%"><FONT size="2">The remainder of this cover page shall be filled out for a reporting person&#146;s
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.</FONT></TD>
</TR>
</TABLE>
<P><FONT size="2">The information required on the remainder of this cover page shall not be
deemed to be &#147;filed&#148; for the purpose of Section&nbsp;18 of the Securities Exchange
Act of 1934 (&#147;Act&#148;) 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).
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Persons who respond to the collection of information contained in this form are
not required to respond unless the form displays a currently valid OMB control
number.</B>
</FONT>

<P align="center"><FONT size="2">&nbsp;</FONT>
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>


<P align="center"><FONT size="2">SCHEDULE 13D<br>
CUSIP No.&nbsp;126389105</FONT>


<CENTER>
<TABLE width="90%" align="center" cellspacing="0" cellpadding="0" border="0">

<TR>
        <TD width="6%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="11%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="61%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="7%"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
        <TD align="left" valign="top">
        <FONT size="2">(1)
        </FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="7" align="left" valign="top">
        <FONT size="2">NAMES OF REPORTING PERSONS<BR>
        I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)<br>&nbsp;<br>
Julian Demora</FONT></TD>
</TR>

<TR>
        <TD colspan="9"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="7" align="left"><HR size="1" noshade></TD>

</TR>

<TR>
        <TD colspan="9"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
        <TD align="left" valign="top">
        <FONT size="2">(2)
        </FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="5" align="left" valign="top">
        <FONT size="2">CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
        </FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="right" valign="top">
        <FONT size="2">(a)&nbsp;<FONT face="wingdings">&#111;</FONT>
        </FONT></TD>
</TR>

<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="5" align="left" valign="top">
        <FONT size="2">&nbsp;
        </FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="right" valign="top">
        <FONT size="2">(b)&nbsp;<FONT face="wingdings">&#111;</FONT>
        </FONT></TD>
</TR>

<TR>
        <TD colspan="9"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="7" align="left"><HR size="1" noshade></TD>

</TR>

<TR>
        <TD colspan="9"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
        <TD align="left" valign="top">
        <FONT size="2">(3)
        </FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="7" align="left" valign="top">
        <FONT size="2">SEC USE ONLY*
        </FONT></TD>
</TR>

<TR>
        <TD colspan="9"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="7" align="left"><HR size="1" noshade></TD>

</TR>

<TR>
        <TD colspan="9"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
        <TD align="left" valign="top">
        <FONT size="2">(4)
        </FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="7" align="left" valign="top">
        <FONT size="2">SOURCE OF FUNDS*<br>&nbsp;<br>PF</FONT></TD>
</TR>

<TR>
        <TD colspan="9"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="7" align="left"><HR size="1" noshade></TD>

</TR>

<TR>
        <TD colspan="9"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
        <TD align="left" valign="top">
        <FONT size="2">(5)
        </FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="5" align="left" valign="top">
        <FONT size="2">CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS
        </FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="right" valign="top">
        <FONT size="2"><FONT face="wingdings">&#111;</FONT>
        </FONT></TD>
</TR>

<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="7" align="left" valign="top">
        <FONT size="2">IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
        </FONT></TD>
</TR>

<TR>
        <TD colspan="9"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="7" align="left"><HR size="1" noshade></TD>

</TR>

<TR>
        <TD colspan="9"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
        <TD align="left" valign="top">
        <FONT size="2">(6)
        </FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="7" align="left" valign="top">
        <FONT size="2">CITIZENSHIP OR PLACE OF ORGANIZATION<br>&nbsp;<br>
USA</FONT></TD>
</TR>

<TR>
        <TD colspan="9"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="7" align="left"><HR size="1" noshade></TD>

</TR>

<tr><td>&nbsp;</tr></td>

<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top">
        <FONT size="2">(7)
        </FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="3" align="left" valign="top">
        <FONT size="2">SOLE VOTING POWER</FONT></TD>
</TR>

<TR>
        <TD colspan="3" align="center" valign="top">
        <FONT size="2">NUMBER OF
        </FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="3" align="left"><FONT size="2">180,144</FONT></TD>
</TR>

<TR>
        <TD colspan="3" align="center" valign="top">
        <FONT size="2">SHARES
        </FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="5" align="left" valign="top">
        <HR size="1" noshade></TD>
</TR>

<TR>
        <TD colspan="3" align="center" valign="top">
        <FONT size="2">BENEFICIALLY
        </FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top">
        <FONT size="2">(8)
        </FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="3" align="left" valign="top">
        <FONT size="2">SHARED VOTING POWER
        </FONT></TD>
</TR>

<TR>
        <TD colspan="3" align="center" valign="top">
        <FONT size="2">OWNED BY
        </FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="3" align="left"><FONT size="2">-0-</FONT></TD>
</TR>

<TR>
        <TD colspan="3" align="center" valign="top">
        <FONT size="2">EACH
        </FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="5" align="left" valign="top">
        <HR size="1" noshade></TD>
</TR>

<TR>
        <TD colspan="3" align="center" valign="top">
        <FONT size="2">REPORTING
        </FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top">
        <FONT size="2">(9)
        </FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="3" align="left" valign="top">
        <FONT size="2">SOLE DISPOSITIVE POWER
        </FONT></TD>
</TR>

<TR>
        <TD colspan="3" align="center" valign="top">
        <FONT size="2">PERSON WITH
        </FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="3" align="left"><FONT size="2">180,114</FONT></TD>
</TR>

<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="5" align="left"><HR size="1" noshade></TD>

</TR>

<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top">
        <FONT size="2">(10)
        </FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="3" align="left" valign="top">
        <FONT size="2">SHARED DISPOSITIVE POWER<br>-0-</FONT></TD>
</TR>

<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="5" align="left"><HR size="1" noshade></TD>

</TR>

<TR>
        <TD colspan="9"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
        <TD align="left" valign="top">
        <FONT size="2">(11)
        </FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="7" align="left" valign="top">
        <FONT size="2">AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
        REPORTING PERSON<br>&nbsp;<br>180,114</FONT></TD>
</TR>

<TR>
        <TD colspan="9"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="7" align="left"><HR size="1" noshade></TD>

</TR>

<TR>
        <TD colspan="9"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
        <TD align="left" valign="top">
        <FONT size="2">(12)
        </FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="7" align="left" valign="top">
        <FONT size="2">CHECK BOX IF AGGREGATE AMOUNT REPRESENTED BY
AMOUNT IN ROW (11)
        EXCLUDES CERTAIN
        </FONT></TD>
</TR>

<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="5" align="left" valign="top">
        <FONT size="2">SHARES (See Instructions)
        </FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="right" valign="top">
        <FONT size="2"><FONT face="wingdings">&#111;</FONT>
        </FONT></TD>
</TR>

<TR>
        <TD colspan="9"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="7" align="left"><HR size="1" noshade></TD>

</TR>

<TR>
        <TD colspan="9"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
        <TD align="left" valign="top">
        <FONT size="2">(13)
        </FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="7" align="left" valign="top">
        <FONT size="2">PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br>
&nbsp;<br>5.2%</FONT></TD>
</TR>

<TR>
        <TD colspan="9"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="7" align="left"><HR size="1" noshade></TD>

</TR>

<TR>
        <TD colspan="9"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
        <TD align="left" valign="top">
        <FONT size="2">(14)
        </FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="7" align="left" valign="top">
        <FONT size="2">TYPE OF REPORTING PERSON*<br>&nbsp;<br>IN</FONT></TD>
</TR>

<TR>
        <TD colspan="9"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="7" align="left"><HR size="1" noshade></TD>

</TR>

</TABLE>
</CENTER>


<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<P align="left"><FONT size="2">Item&nbsp;1. Security and Issuer</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The title of the class of equity securities to which this statement relates is the common stock, $0.01 par value per share (the &#147;Common Stock&#148;) of CSP, Inc., a Massachusetts
corporation (the &#147;Company&#148;). The principal executive offices of the Company are located at 43 Manning Rd., Billerica, MA 01821.
</FONT>
<P align="left"><FONT size="2">Item&nbsp;2. Identity and Background.</FONT>

<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
        <TD width="3%">&nbsp;</TD>
        <TD width="2%">&nbsp;</TD>
        <TD width="95%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">(a)</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Name: The name of the person filing (the &#147;Filing Person&#148;) this Schedule&nbsp;13D is Julian Demora</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">(b)</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Residence or business address: The address of Mr.&nbsp;Demora is P.O. Box 220139, Hollywood, FL 33022</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">(c)</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Present Principal Occupation or Employment: Mr.&nbsp;Demora is a private investor.</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">(d)</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Criminal Conviction: Mr.&nbsp;Demora has not been convicted during the past five years in a criminal proceeding (excluding traffic violations or similar
misdemeanors)</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">(e)</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Court or Administrative Proceedings: Not Applicable</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">(f)</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Citizenship: Mr.&nbsp;Demora is a citizen of the United States.</FONT></TD>
</TR>
</TABLE>
</CENTER>
<P align="left"><FONT size="2">Item&nbsp;3. Source and Amount of Funds or Other Consideration:</FONT>

<P><FONT size="2">Subsequent to these transactions, Mr.&nbsp;Demora is the beneficial owner of 180,114 Shares or 5.2% of the outstanding shares of the Company.
</FONT>
<P align="left"><FONT size="2">Item&nbsp;4. Purpose of Transaction</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;State the purpose or purposes of the acquisition of securities of the issuer. Describe any plans or proposals which the reporting persons may have which relate to or would result
in:
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mr.&nbsp;Demora purchased shares of the Company&#146;s Common Stock for purposes of investment.
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mr.&nbsp;Demora has no current plans or proposals to effect any of the transactions set forth below, although he may in the future effect any or all of them
including plans or proposals, which would relate to or would result in:
</FONT>
<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
        <TD width="3%">&nbsp;</TD>
        <TD width="2%">&nbsp;</TD>
        <TD width="95%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">(a)</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
The acquisition by any person of additional securities of the issuer, or the disposition of securities of the issuer;</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">(b)</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the issuer or any of its subsidiaries;</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">(c)</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
A sale or transfer of a material amount of assets of the issuer or any of its subsidiaries;</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">(d)</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Any change in the present board of directors or management of the issuer, including any plans or proposals to change the number or term of directors or to fill
any existing vacancies on the board;</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">(e)</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Any material change in the present capitalization or dividend policy of the issuer;</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">(f)</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Any other material change in the issuer&#146;s business or corporate structure including but not limited to, if the issuer is a registered closed-end investment
company, any plans or proposals to make any changes in its investment policy for which a vote is required by section 13 of the Investment Company Act of 1940;</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">(g)</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Changes in the issuer&#146;s charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the issuer by any
person;</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">(h)</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Causing a class of securities of the issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer
quotation system of a registered national securities association;</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">(i)</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
A class of equity securities of the issuer becoming eligible for termination of registration pursuant to Section&nbsp;12(g)(4) of the Act; or</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">(j)</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Any action similar to any of those enumerated above.</FONT></TD>
</TR>
</TABLE>
</CENTER>
<P align="center"><FONT size="2">3</FONT>
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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<P align="left"><FONT size="2">Item&nbsp;5. Interest in Securities of the Issuer.</FONT>

<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
        <TD width="3%">&nbsp;</TD>
        <TD width="2%">&nbsp;</TD>
        <TD width="95%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">(a)</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
The equity securities to which this statement relates consists of 180,114 shares of Common Stock.</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">(b)</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Not applicable.</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">(c)</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
During the 60&nbsp;days preceding the filing of this report, Mr.&nbsp;Demora had made purchases of shares of Common Stock in the open market as set forth below:</FONT></TD>
</TR>
</TABLE>
</CENTER>
<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="55%">
<TR valign="bottom">
        <TD width="62%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="6%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="7%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="6%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="7%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="left"><FONT size="1"><B>Transaction</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="3"><FONT size="1"><B>Shares or Units</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="3"><FONT size="1"><B>Price per</B></FONT></TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="left"><FONT size="1"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Date</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="3"><FONT size="1"><B>Purchased (Sold)</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="3"><FONT size="1"><B>Share or Unit</B></FONT></TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="center"><HR size="1" noshade></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD colspan="3"><HR size="1" noshade></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD colspan="3"><HR size="1" noshade></TD>
</TR>
<TR valign="bottom" bgcolor="#eeeeee">
        <TD><DIV style="margin-left:10px; text-indent:-10px"><FONT size="2">September&nbsp;6, 2002</FONT></DIV></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="right"><FONT size="2">900</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="right"><FONT size="2">$</FONT></TD>
        <TD align="right"><FONT size="2">2.70</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
        <TD><DIV style="margin-left:10px; text-indent:-10px"><FONT size="2">September&nbsp;9, 2002</FONT></DIV></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="right"><FONT size="2">2,000</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="right"><FONT size="2">$</FONT></TD>
        <TD align="right"><FONT size="2">2.70</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom" bgcolor="#eeeeee">
        <TD><DIV style="margin-left:10px; text-indent:-10px"><FONT size="2">September&nbsp;13, 2002</FONT></DIV></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="right"><FONT size="2">200</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="right"><FONT size="2">$</FONT></TD>
        <TD align="right"><FONT size="2">2.70</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
</TABLE>
</CENTER>
<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
        <TD width="3%">&nbsp;</TD>
        <TD width="2%">&nbsp;</TD>
        <TD width="95%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">(d)</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Not applicable.</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">(e)</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Not applicable.</FONT></TD>
</TR>
</TABLE>
</CENTER>
<P align="left"><FONT size="2">Item&nbsp;6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.
</FONT>
<P align="left"><FONT size="2">Item&nbsp;7. Material to be Filed as Exhibits.</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.
</FONT>
<P align="center"><FONT size="2">4</FONT>
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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<P align="center"><FONT size="2">Signature</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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.
</FONT>
<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
        <TD width="49%">&nbsp;</TD>
        <TD width="2%">&nbsp;</TD>
        <TD width="49%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">Date: September&nbsp;25, 2002</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Julian Demora</FONT></TD>
</TR>
<tr><td>&nbsp;</td></tr>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
By: /s/ Julian Demora</FONT></TD>
</TR>
<TR>
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="middle"><FONT size="2">
<HR size="1" noshade></FONT></TD>
</TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Julian Demora<br>
Title: Individual</FONT></TD>
</TR>
</TABLE>
</CENTER>

<P align="center"><FONT size="2">5</FONT>




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