SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 RIGL Corporation (Name of Issuer) Common Stock (Title of Class of Securities) 75968E-10-1 (Cusip Number) Schedule 13G CUSIP NO. 75968E-10-1 ______________________________________________________________________________ 1) Name of Reporting Person Michael Mackay SS or IRS ID No. of Above Person ###-##-#### ______________________________________________________________________________ 2) Check the Appropriate Box A._______ If a Member of a Group B._______ ______________________________________________________________________________ 3) SEC Use Only ______________________________________________________________________________ 4) Citizenship or Place of Organization United States ______________________________________________________________________________ Number of Shares (5) Sole voting Power 1,415,000 Beneficially Owned (6) Shared voting Power -0- by Each Reporting (7) Sole Dispositive Power 1,415,000 Person with (8) Shared Dispositive Power -0- ______________________________________________________________________________ 9) Aggregate Amount Beneficially Owned by Each Reporting Person 1,415,000 ______________________________________________________________________________ 10) Check if the Aggregate Amount in row 9 Excludes Certain Shares [ ] ______________________________________________________________________________ 11) Percent of Class Represented By Amount in Row 9 10.9% ______________________________________________________________________________ 12) Type of Reporting Person IN ______________________________________________________________________________ Item 1(a) name of Issuer: RIGL Corporation Item 1(b) Address of Issuer's Principal Executive Offices: 7501 North 16th Street, Suite 200 Phoenix, AZ 85020 Item 2(a) Names of Persons Filing: Michael MacKay Item 2(b) Address of Principal Business Office or, if none, Residence: 100 Bluebell Place Vallejo, CA 94591 Item 2(c) Citizenship: United States Item 2(d) Title Class of Securities: Common Stock Item 2(e) CUSIP Number 75968E-10-1 Item 3: If this statement is filed pursuant to Rules 13d-1(b, or 13d-2(b), check whether the person filing is a: (a) [ ] Broker or Dealer registered under Sec. 15 of the Act. (b) [ ] Bank as defined in Sec. 3(a)(6) of the Act. (c) [ ] Insurance Company as defined in sec. 3(a)(19) of the Act. (d) [ ] Investment Company registered under Section 8 of the Investment Company Act. (e) [ ] Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940. (f) [ ] Employee Benefit Plan. Pension Fund which is subject to the provision of the Employee Retirement Income Security Act of 1974 or Endowment Fund; see Section 240.13d-1(b)(1)(F) (g) [ ] Parent Holding Company in accordance with Section 204 13d-1(b)(ii)(g) (h) [ ] Group, in accordance with Section 240.13d-1(b)(1)(H) Item 4: Ownership (as of July 6, 1998) (a) Amount Beneficially Owned: See Item 9 of cover pages (b) Percent of Class : See Item 11 of cover pages (c) Number of shares as to which such person has: (i) sole power to vote or direct the vote (ii) shared power to vote or direct the vote (iii) sole power to dispose or direct the disposition of (iv) shared power to dispose or to direct the disposition of See Items 5-8 of cover pages Item 5. Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ]. Item 6. Ownership of More than Five Percent on Behalf of Another Person Not Applicable Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company Not Applicable Item 8. Identification and Classification of Members of the Group Not Applicable Item 9. Notice of Dissolution of Group Not Applicable Item 10. Certification By signing below I certify that, to the best of my knowledge, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purpose or effect. 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. Date: July 22, 1998 /s/ Michael MacKay By: Michael MacKay, Individual