UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. )*
VOLT, INC.
(Name of Issuer)
Common Stock, par value $.001
(Title of Class of Securities)
24419503
(CUSIP Number)
Robert F. Rood
7200 Wisconsin Ave., Suite 410
Bethesda, MD 20814
301-664-8900
(Name, Address, and Telephone Number of Person Authorized
to Receive Notices and Communications)
May 17, 2002
(Date of Event which Requires Filing of this Statement)
If this filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4) check the following box [ ].
Check the following box if a fee is being paid with this statement [ ]. (A fee
is not required only if the reporting person: (1) has a previous statement on
file reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
*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
disclosures provided in a prior cover page.
The information required on 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).
SCHEDULE 13D
CUSIP No. 244195103
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1) Names of Reporting Person
Robert F. Rood
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2) Check the Appropriate Box if a Member of a Group (See
Instructions)
(a) [ ]
(b) [ X ]
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3) SEC Use Only
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4) Source of Funds: OO
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5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e)
N/A
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6) Citizenship or place of Organization:
UNITED STATES OF AMERICA
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(7) Sole Voting Power
500,000 shares of the Company's common stock,
Number of $.001 par value per share
Shares _________________________________________________________________________
Bene-
ficially (8) Shared Voting Power
owned by NONE
Each ___________________________________________________________________________
Report-
ing Person (9) Sole Dispositive Power
With 500,000 shares of the Company's common stock.
$.001 par value per share
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(10) Shared Dispositive Power
NONE
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11) Aggregate Amount Beneficially Owned by Each Reporting Person:
500,000 shares of the Company's common stock,
$.001 par value per share
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12) Check if the Aggregate Amount in Row (11) excludes certain
shares:
[ ]
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13) Percent of Class Represented by Amount in Box (11):
13%
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14) Type of Reporting Person
IN
ITEM 1. Security and Issuer
Common stock, $.001 par value per share
Volt Inc.
P.O. Box 116
Catheys Valley, CA 95306
(209) 374-3485
ITEM 2. Identity and Background
Robert F. Rood
7200 Wisconsin Ave.
Suite 410
Bethesda, MD 20814
(301) 664-8900
Mr. Rood is president of First Washington Financial Corporation located
in Bethesda, Maryland. First Washington Financial Corporation is a
mortgage loan originator and direct lender in the home mortgage loan
industry.
During the last five years, Mr. Rood has not been convicted in a
criminal proceeding (excluding traffic violations or similar
misdemeanors).
During the last five years, Mr. Rood has not been a party to a
civil proceeding or a judicial or administrative body of competent
jurisdiction and is not subject to a judgment, decree or final order
enjoining future violations of, or prohibiting or mundating activities
subject to, federal or state securities laws or finding any violation
with respect to such laws.
Mr. Rood is a citizen of the United States of America.
ITEM 3. Source and Amount of Funds or Other Consideration
On May 25, 2000, Mr. Rood acquired 500,000 shares of the common
stock (the "First Washington Shares") of First Washington Financial
Corporation, a Nevada corporation, ("First Washington"). On May 17,
2002, Mr. Rood contributed the First Washington Shares to the
issuer in exchange for 500,000 shares of the common stock. $.001 par
per share of the issuer.
ITEM 4. Purpose of Transaction
The purpose of the transaction was to acquire control of First
Washington.
The reporting person may engage in sales of the issuer's securities
described herein for various personal purposes.
The reporting person may contribute additional business assets to the
issuer in exchange for additional securities of the issuer.
The reporting person became an officer and director of the issuer on
May 17, 2002 and continues as an officer and director.
ITEM 5. Interest in Securities of the Issuer
Mr.Rood owns a total of 500,000 shares of common stock, $.001 par
value per share of the issuer which represents approximately 13% of the
issued and outstanding shares of the issuer's common stock. The
reporting person has sole voting power and sole dispositive power with
respect to these shares.
ITEM 6. Contracts, Arrangements, Understandings or Relationships with
Respect to Securities of the Issuer
NONE
ITEM 7. Material to be Filed as Exhibits
NONE
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.
Dated: July 5th, 2002
/S/ Robert F. Rood
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Name/Title Robert F. Rood
Director