-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, OEX1nVv63KYPPQ3OebRZR6aekPHVm5DgDAQtOYRgGiMP57b3tJq/2SyYGtJb+Btq DwPYvrKAfuMQglLhB9hSeQ== 0000910647-00-000094.txt : 20000328 0000910647-00-000094.hdr.sgml : 20000328 ACCESSION NUMBER: 0000910647-00-000094 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000327 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BITWISE DESIGNS INC CENTRAL INDEX KEY: 0000885074 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPUTERS [3571] IRS NUMBER: 141673067 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-54235 FILM NUMBER: 579674 BUSINESS ADDRESS: STREET 1: BLDG 50 ROTTERDAM INDUSTRIAL PK CITY: SCHENECTADY STATE: NY ZIP: 12306 BUSINESS PHONE: 5183569741 MAIL ADDRESS: STREET 1: BLDG 50 ROTTERDAM INDUSTRIAL PARK CITY: SCHENECTADY STATE: NY ZIP: 12306 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GATEWAY NETWORK LLC CENTRAL INDEX KEY: 0001102114 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 112874857 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 165 EAST PLAZA 6TH FLOOR CITY: UNIONDALE STATE: NY ZIP: 11556 BUSINESS PHONE: 5165222363 MAIL ADDRESS: STREET 1: 165 EAST PLAZA 6TH FLOOR CITY: UNIONDALE STATE: NY ZIP: 11556 SC 13G/A 1 SCHEDULE 13G AMENDMENT #1

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

BITWISE DESIGNS, INC.
(Name of Issuer)

Common Stock, par value $.001 per share.
(Title of Class of Securities)

091747105
(CUSIP Number)

March 7, 2000
(Date of Event which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

      [   ]      Rule 13d-(b)
      [X]      Rule 13d-1(c)
      [   ]      Rule 13d-1(d)

*   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).

CUSIP No. 091747105

1.

Name of Reporting Persons

 

 

Gateway Network, LLC

 

 

I.R.S. Identification Nos. of above persons (entities only).

11-3474857

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)    N/A

[  ]

 

(b)

[  ]

3.

SEC Use Only

 

4.

Citizenship or Place of Organization    Delaware

 

Number of Shares
Beneficially Owned
by Each
Reporting Person

5.    Sole Voting Power

799,998(1)

6.    Shared Voting Power

0    

7.    Sole Dispositive Power

799,998    
(see note 1)

8.    Shares Dispositive Power

0    

9.

Aggregate Amount Beneficially Owned by Each Reporting Person

799,998    

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

[  ]

11.

Percent of Class Represented by Amount in Row (9)

6.0%

12.

Type of Reporting Person (See Instructions)

OO

(1)  Of the listed shares, 600,000 are owned by Gateway Network, LLC, a Delaware limited liability company, of which Mr. Gross is a managing member and 199,998 are owned by Charles Schwab & Co., F/B/O Craig Gross, IRA.

Item 1.

(a) Name of Issuer

          BITWISE DESIGNS, INC.

(b) Address of Issuer's Principal Executive Offices

          2165 Technology Drive, Schenectady, NY 12308

Item 2.

(a) Name of Person Filing

          GATEWAY NETWORK, LLC

(b) Address of Principal Business Office or, if none, Residence

          165 EAB Plaza, 6th Floor West, Uniondale, New York 11556

(c) Citizenship

          Delaware, U.S.

(d) Title of Class of Securities

          Common Stock, par value $.001 per share.

(e) CUSIP Number:

          091747105

Item 3. If this statement is filed pursuant to Sections 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

          N/A

Item 4. Ownership

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

1.

Amount beneficially owned:

799,998

2.

Percent of class:

6.0%

3.

Number of shares as to which the person has:

  
 

      1.    Sole power to vote or to direct the vote:

799,998
(see note 1)
 

      2.    Shared power to vote or to direct the vote:

0
 

      3.    Sole power to dispose or to direct the disposition of:

799,998
(see note 1)
 

      4.    Shared power to dispose or to direct the disposition of:

0

Item 5.  Ownership of Five Percent or Less of a Class

          N/A

Item 6.  Ownership of More than Five Percent on Behalf of Another Person

          N/A

Item 7.  Identification and Classification of the subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company

          N/A

Item 8.  Identification and Classification of Members of the Group

          N/A

Item 9.  Notice of Dissolution of Group

          N/A

Item 10.  Certification

          (1)  The following certification shall be included if the statement is filed pursuant to Section 240.ad3-1(c):

By signing below I certify that to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

SIGNATURE

After reasonable inquiry and to the best of my knowledge an belief, I certify that the information set forth in this statement is true, complete and correct.

March 24, 2000
Date

/s/ Craig Gross
Signature

Craig Gross, Manager
Name and Title

The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is singed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representative's authority to sign on behalf of such person shall be filed with the statement provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The same and any title of each person who signs the statement shall be typed or printed beneath his signature.

NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Section 240.13d-7 for other parties for whom copies are to be sent.

Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001)

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