Knauss Robert L – ‘4’ for 3/31/02 re: Baltic International USA Inc.

As of:  Monday, 4/8/02   ·   For:  3/31/02   ·   Accession #:  918545-2-9   ·   File #:  0-26558

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Statement of Changes in Beneficial Ownership of Securities by an Insider   —   Form 4   —   SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 4           Statement of Changes in Beneficial Ownership of        2±    10K 
                Securities by an Insider                                         


UNITED STATES SECURITIES AND EXCHANGE COMMISSION                                
WASHINGTON, D.C. 20549                                                          
FORM 4                                                                          
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP                                    
( ) Check this box if no longer subject to Section 16.                          
Form 4 or Form 5 obligations may continue. See Instructions 1(b).               

1. Name and Address of Reporting Person                                         
ROBERT L. KNAUSS                                                          
5151 SAN FELIPE, SUITE 1661                                               
HOUSTON, TX  77056                                                        
2. Issuer Name and Ticker or Trading Symbol                                     
BALTIC INTERNATIONAL USA, INC.                                            
BISA                                                                      
3. IRS or Social Security Number of Reporting Person (Voluntary)                

4. Statement for Month/Year                                                     
March 2002                                                                
5. If Amendment, Date of Original (Month/Year)                                  

6. Relationship of Reporting Person(s) to Issuer (Check all applicable)         
(X) Director (X) 10% Owner (X) Officer (give title below) ( ) Other       
(specify below)                                                           
Chief Executive Officer                                                   
7. Individual or Joint/Group Filing (Check Applicable Line)                     
(X) Form filed by One Reporting Person                                    
( ) Form filed by More than One Reporting Person                          

                                                        [Enlarge/Download Table]

___________________________________________________________________________________________________________________________________ 
 Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned                                                 |
___________________________________________________________________________________________________________________________________|
1. Title of Security       |2.      |3.    |4.Securities Acquired (A)         |5.Amount of        |6.Dir |7.Nature of Indirect     |
                           | Transaction   |  or Disposed of (D)              |  Securities       |ect   |  Beneficial Ownership   |
                           |        |      |                                  |  Beneficially     |(D)or |                         |
                           |        |    | |                  | A/|           |  Owned at         |Indir |                         |
                           | Date   |Code|V|    Amount        | D |    Price  |  End of Month     |ect(I)|                         |
___________________________________________________________________________________________________________________________________|
                                                                                                                                    
Common stock               |3/7/02  | P  | | 25,000           | A | $0.11     | 926,204           | D    |                         |
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Common stock               |3/25/02 | P  | | 7,000            | A | $0.11     | 926,204           | D    |                         |
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Common stock               |3/27/02 | P  | | 5,000            | A | $0.11     | 926,204           | D    |                         |
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___________________________________________________________________________________________________________________________________|

___________________________________________________________________________________________________________________________________ 
 Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned                                                    |
___________________________________________________________________________________________________________________________________|
1.Title of    |2.Con-  |3.      |4.    |5.Number of    |6.Date Exer      |7.Title and Amount |8.Price|9.Number of |10.|11.Nature of|
  Derivative  |version |Transaction    | Derivative    |cisable and      |  of Underlying    |of Deri| Derivative |Dir| Indirect   |
  Security    |or      |        |      | Securities    |Expiration       |  Securities       |vative | Securities |ect| Beneficial |
              |Exercise|        |      | Acquired(A) or|Date(Month/      |                   |Secu   | Benefi     |(D)| Ownership  |
              |Price of|        |      | Disposed of(D)|Day/Year)        |                   |rity   | ficially   |or |            |
              |Deriva- |        |      |               |Date    |Expir   |                   |       | Owned at   |Ind|            |
              |tive    |        |      |           | A/|Exer-   |ation   |  Title and Number |       | End of     |ire|            |
              |Secu-   |        |    | |           | D |cisable |Date    |  of Shares        |       | Month      |ct |            |
              |rity    | Date   |Code|V|  Amount   |   |        |        |                   |       |            |(I)|            |
___________________________________________________________________________________________________________________________________|
                                                                                                                                    
              |        |        |    | |           |   |        |        |                   |       |            |   |            |
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              |        |        |    | |           |   |        |        |                   |       |            |   |            |
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___________________________________________________________________________________________________________________________________|

Explanation of Responses:                                                       

/s/David A. Grossman, Attorney-in-Fact            April 3, 2002                 
-----------------------------------------         -----------------------       
SIGNATURE OF REPORTING PERSON                     DATE                          

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘4’ Filing		Date		Other Filings
Filed on:		4/8/02
		4/3/02
For Period end:		3/31/02		10QSB
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