FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
                                        
 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section
                           17(a) of the Public Utility
  Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of
                                      1940

1.   Name and Address of Reporting Person
Alexander Mark Securities Ltd.
 (Last)                  (First)                (Middle)
Watson House, 54 Baker Street
(Street)
London                         England                 W1M 1DJ
(City)                  (State)                         (Zip)

2.   Issuer Name and Ticker or Trading Symbol

CAMELOT CORPORATION  CAML
3.  IRS or Social Security
     Number of Reporting
     Person (Voluntary)

4.  Statement for
     Month/Year
      10/97

5.  If Amendment,
     Date of Original
     (Month/Year)

6.  Relationship of Reporting Person to Issuer  (Check all applicable)
                                        
        __Director                      _____10% Owner
     _____Officer (give title)          _____Other (specify)
Could be deemed to be part of a group
________________________

Table 1 - New-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.  Title of Security  (Instr. 3)
Common Stock

2.   Transaction  Date (Month/Day/ Year)

3.   Transaction  Code  (Instr. 8)

4.  Securities Acquired (A)  or Disposed of (D)  (Instr. 3,4 and 5)

5.   Amount of Securities  Beneficially Owned at End of  Month (Instr. 3 and 4)
              2,733 (D)
     192,593(I)


 6.  Ownership  Form: Direct (D) or Indirect (I)  (Instr. 4)
            2,733 (D)
     192,593(I)



7.  Nature  of Indirect Beneficial Ownership   (Instr. 4)
                See note


  Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
         (e.g., puts, calls, warrants, options, convertible securities)


1.   Title of Derivative Security  (Instr. 3)

 Options

2.   Conversion or Exercise Price of Derivative Security


3.   Transaction Date (Month/ Day/ Year)

4.   Transaction Code  (Instr. 8)


5.   Number of Derivative Securities Acquired (A) or Disposed of (D)  (Instr.
  3,4, and 5)


6.   Date Exercisable and Expiration Date (Month/Day/Year)


7.   Title and Amount of Underlying Securities (Instr. 3 and 4)
           Title                               Amount or Number of Shares
 Common Shares      379,375


8.   Price  of Derivative Security (Instr.5).


9.   Number of Derivative Securities Beneficially Owned at End  of  Month
  (Instr. 4)
                                      379,375     (I)


10.  Ownership Form of Derivative Security: Direct  (D) or  Indirect (I) (Instr.
4)
                              379,375     (I)


11.  Nature of Indirect Beneficial  Ownership  (Instr. 4)

             See note.


Explanation of Responses: The reporting person owns 2,733 common shares  of  the
Issuer  and  the  reporting person is owned by AM Investments, Ltd.  which  owns
57,633  shares of the Issuer and by Alexander Mark Capital, Ltd.  ("AMC").   The
reporting  person  may  be deemed to be a part of a group  though  there  is  no
agreement to act as a group.  A director of the reporting person, Mr. Wettreich,
is  a director of Forme Capital, Inc. ("FORME") which owns 16,250 shares of  the
Issuer,  of  Wettreich  Financial Consultants, Inc. ("WFC")  which  owns  25,000
shares  of the Issuer, of Meteor Technology, plc ("MT") which owns 80,960 common
shares of the Issuer, AMC, AMI and individually owns 11,250 shares of the Issuer
and  options to purchase 300,000 shares of the Issuer.   Mr. Wettreich  and  his
wife and children own all the outstanding shares of AMC.  Mrs. Wettreich and her
children  also  own  all the outstanding shares of WFC.  Jeanette  Fitzgerald  a
director  of  WFC, MT and FORME owns 1,500 shares of the Issuer and  options  to
purchase  79,375  more  shares.  The reporting person disclaims  any  beneficial
ownership in any shares not owned directly by it.  Registrant effected a  1  for
40  Reverse  Stock Split on all outstanding common shares and options  effective
July 15, 1997.
[{"type": "4", "sequence": "1", "secsgml_size_bytes": 4170}]
FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
                                        
 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section
                           17(a) of the Public Utility
  Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of
                                      1940

1.   Name and Address of Reporting Person
Alexander Mark Securities Ltd.
 (Last)                  (First)                (Middle)
Watson House, 54 Baker Street
(Street)
London                         England                 W1M 1DJ
(City)                  (State)                         (Zip)

2.   Issuer Name and Ticker or Trading Symbol

CAMELOT CORPORATION  CAML
3.  IRS or Social Security
     Number of Reporting
     Person (Voluntary)

4.  Statement for
     Month/Year
      10/97

5.  If Amendment,
     Date of Original
     (Month/Year)

6.  Relationship of Reporting Person to Issuer  (Check all applicable)
                                        
        __Director                      _____10% Owner
     _____Officer (give title)          _____Other (specify)
Could be deemed to be part of a group
________________________

Table 1 - New-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.  Title of Security  (Instr. 3)
Common Stock

2.   Transaction  Date (Month/Day/ Year)

3.   Transaction  Code  (Instr. 8)

4.  Securities Acquired (A)  or Disposed of (D)  (Instr. 3,4 and 5)

5.   Amount of Securities  Beneficially Owned at End of  Month (Instr. 3 and 4)
              2,733 (D)
     192,593(I)

 6.  Ownership  Form: Direct (D) or Indirect (I)  (Instr. 4)
            2,733 (D)
     192,593(I)

7.  Nature  of Indirect Beneficial Ownership   (Instr. 4)
                See note

  Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
         (e.g., puts, calls, warrants, options, convertible securities)

1.   Title of Derivative Security  (Instr. 3)

 Options

2.   Conversion or Exercise Price of Derivative Security

3.   Transaction Date (Month/ Day/ Year)

4.   Transaction Code  (Instr. 8)

5.   Number of Derivative Securities Acquired (A) or Disposed of (D)  (Instr.
  3,4, and 5)

6.   Date Exercisable and Expiration Date (Month/Day/Year)

7.   Title and Amount of Underlying Securities (Instr. 3 and 4)
           Title                               Amount or Number of Shares
 Common Shares      379,375

8.   Price  of Derivative Security (Instr.5).

9.   Number of Derivative Securities Beneficially Owned at End  of  Month
  (Instr. 4)
                                      379,375     (I)

10.  Ownership Form of Derivative Security: Direct  (D) or  Indirect (I) (Instr.
4)
                              379,375     (I)

11.  Nature of Indirect Beneficial  Ownership  (Instr. 4)

             See note.

Explanation of Responses: The reporting person owns 2,733 common shares  of  the
Issuer  and  the  reporting person is owned by AM Investments, Ltd.  which  owns
57,633  shares of the Issuer and by Alexander Mark Capital, Ltd.  ("AMC").   The
reporting  person  may  be deemed to be a part of a group  though  there  is  no
agreement to act as a group.  A director of the reporting person, Mr. Wettreich,
is  a director of Forme Capital, Inc. ("FORME") which owns 16,250 shares of  the
Issuer,  of  Wettreich  Financial Consultants, Inc. ("WFC")  which  owns  25,000
shares  of the Issuer, of Meteor Technology, plc ("MT") which owns 80,960 common
shares of the Issuer, AMC, AMI and individually owns 11,250 shares of the Issuer
and  options to purchase 300,000 shares of the Issuer.   Mr. Wettreich  and  his
wife and children own all the outstanding shares of AMC.  Mrs. Wettreich and her
children  also  own  all the outstanding shares of WFC.  Jeanette  Fitzgerald  a
director  of  WFC, MT and FORME owns 1,500 shares of the Issuer and  options  to
purchase  79,375  more  shares.  The reporting person disclaims  any  beneficial
ownership in any shares not owned directly by it.  Registrant effected a  1  for
40  Reverse  Stock Split on all outstanding common shares and options  effective
July 15, 1997.