-----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, FYRx0bF6pEdAsz+E/ZkNqVIxy42+B6WMOTNZz3P2PYugJEmw3AHvwhytN1Zho8FH NelqNvoYJfGwxYTCoofRFw== 0000912057-00-022529.txt : 20000510 0000912057-00-022529.hdr.sgml : 20000510 ACCESSION NUMBER: 0000912057-00-022529 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000509 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: OXBORO MEDICAL INC CENTRAL INDEX KEY: 0000350557 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] IRS NUMBER: 411391803 STATE OF INCORPORATION: MN FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-39697 FILM NUMBER: 622891 BUSINESS ADDRESS: STREET 1: 13828 LINCOLN ST N E CITY: HAM LAKE STATE: MN ZIP: 55304 BUSINESS PHONE: 6127559516 MAIL ADDRESS: STREET 1: 13828 LINCOLN STREET NE CITY: HAM LAKE STATE: MN ZIP: 55304 FORMER COMPANY: FORMER CONFORMED NAME: OXBORO MEDICAL INTERNATIONAL INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: LIFE CENTERS INC DATE OF NAME CHANGE: 19900516 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CMM PROPERTIES LLC CENTRAL INDEX KEY: 0001051643 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 1234 TRAPPERS POINT CITY: FORT COLLINS STATE: CO ZIP: 80524 BUSINESS PHONE: 9702244483 MAIL ADDRESS: STREET 1: 1234 TRAPPERS POINT CITY: FORT COLLINS STATE: CO ZIP: 80524 SC 13D/A 1 SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 6)* Oxboro Medical, Inc. -------------------- (Name of Issuer) Common Stock, $0.01 par value ----------------------------- (Title of Class of Securities) 691384 20 0 ----------- (CUSIP Number) Girard P. Miller, Esq. Lindquist & Vennum P.L.L.P. 4200 IDS Center 80 South Eighth Street Minneapolis, Minnesota 55402 Telephone: (612) 371-2467 ------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) April 14, 20, 25, 26, and 27 and May 1, 2000 -------------------------------------------- (Date of Event which Requires Filing of this Statement) If the 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 Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box / /. NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent. *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). (Continued on following page(s)) Page 1 of 5 Pages CUSIP No. 691384 20 0 13D - ------------------------------------------------------------------------------- (1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above Persons CMM Properties, LLC c/o Gary W. Copperud - ------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) / / of a Group* (b) /X/ - ------------------------------------------------------------------------------- (3) SEC Use Only - ------------------------------------------------------------------------------- (4) Source of Funds(See instructions) 00 (Cash Reserves) - ------------------------------------------------------------------------------- (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) / / - ------------------------------------------------------------------------------- (6) Citizenship or Place of Organization CMM Properties, LLC is a Limited Liability Company organized under the laws of the State of Colorado - ------------------------------------------------------------------------------- Number of Shares (7) Sole Voting Beneficially Owned Power 473,402 by Each Reporting -------------------------------------------------- Person With (8) Shared Voting Power -0- -------------------------------------------------- (9) Sole Dispositive Power 473,402 -------------------------------------------------- (10) Shared Dispositive Power -0- - ------------------------------------------------------------------------------- (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 473,402 - ------------------------------------------------------------------------------- (12) CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See instructions) / / - ------------------------------------------------------------------------------- (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) - According to its transfer agent, the Issuer had 1,348,766 shares of Common Stock outstanding at May 5, 2000. Assuming this number of shares outstanding as of the date of the events which require the filing of this Amendment, the amount at Line 11 above represents 32.0% of the Issuer's outstanding shares. The amount on Line 11 includes recent purchases of an aggregate 24,117 shares of Common Stock at an average purchase price of $4.87 per share. The total number of shares has been reduced by 1,061 shares from the previous filing to reflect a correction in the aggregate number of shares held by the Reporting Person. - ------------------------------------------------------------------------------- (14) TYPE OF REPORTING PERSON (See instructions) 00 (Limited Liability Company) - ------------------------------------------------------------------------------- Page 2 of 5 Pages CUSIP No. 691384 20 0 ITEM 1. SECURITY AND ISSUER (a) Title of Class of Securities: Common Stock, $.01 par value (the "Common Stock") and one-year Warrants immediately exercisable for purchase of Common Stock (the "Warrants") (b) Name of Issuer: Oxboro Medical, Inc. (c) Address of Issuer's Principal Executive Offices: 13828 Lincoln Street, N.E., Ham Lake, MN 55304 ITEM 2. IDENTITY AND BACKGROUND (a) Name of Person Filing: CMM Properties, LLC (the "Reporting Person") c/o Gary W. Copperud (b) Business Address: c/o Peak to Peak Financial, 1730 South College Avenue, Box 20, Fort Collins, CO 80525 (c) Principal Occupation or Employment: Investments (d) Conviction in a criminal proceeding during the last five years: No (e) Subject, during the last five years, to a judgment, decree or final order enjoining securities laws violations: No (f) Cititzenship: CMM Properties, LLC is a Colorado Limited Liability Company. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION Cash reserves. ITEM 4. PURPOSE OF TRANSACTION As reported in Item 5(c) below, the Reporting Person acquired an aggregate 24,117 shares of Common Stock between April 14, 2000 and May 1, 2000. The acquisitions were made by the Reporting Person in open market purchases for investment purposes. ITEM 5. INTEREST IN SECURITIES OF ISSUER (a) Number and Percentage of Class beneficially owned: Between April 14, 2000 and May 1, 2000, the Reporting Person purchased an aggregate 24,117 shares of Common Stock of the Issuer. The 24,117 securities may be deemed beneficially owned within the meaning of Rule 13d-3 of the Securities Exchange Act of Page 3 of 5 Pages 1934 by the Reporting Person. As a result of these acquisitions, the Reporting Person holds an aggregate 473,402 securities of the Issuer, including 343,523 shares of Common Stock and 129,879 immediately exercisable warrants for purchase of Common Stock of the Issuer, which represents 32.0% of the total 1,348,766 shares of the Issuer reported by its transfer agent as outstanding at May 5, 2000. The total number of shares has been reduced by 1,061 shares from the number shown in the previous filing to reflect a correction in the aggregate number of shares held by the Reporting Person. (b) For information on voting and dispositive power with respect to the above listed shares, see Items 5-8 of the cover page. (c) Recent Transactions in Securities of the Issuer: Within the past sixty days, the Reporting Person purchased shares of Common Stock of the Issuer as set forth below, on dates extending from April 14, 2000 to May 1, 2000:
No. of Shares Purchase Total Date Purchased Price per Share Purchase Price ---- ------------- --------------- -------------- 04-14-00 2,900 $4.80 $13,997.93 04-20-00 8,777 4.71 41,573.64 04-25-00 1,000 5.00 5,025.50 04-25-00 6,000 5.02 30,305.30 04-26-00 2,340 5.16 12,131.10 04-27-00 100 5.03 528.62 05-01-00 3,000 4.64 14,000.60 ------ ----------- Total 24,117 $117,562.69
(d) Ability to Direct the Receipt of Dividends or the Proceeds of Sale of Securities: Not applicable. (e) Last Date on Which Reporting Person Ceased to be a 5% Holder: Not applicable. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. There are no contracts, arrangements, understandings or relationships (legal or otherwise) among the persons named in Item 2 and between such persons and any person with respect to any securities of the Issuer, except that the Reporting Person has an informal, unwritten, non-binding understanding with Kenneth Brimmer, a shareholder and director of the Issuer. Such understanding, to date, is to the effect that each will try (but not necessarily beforehand) to keep the other informed of any significant purchases or sales which such person makes, and that each will share, with the other, information concerning the Issuer, and requests for information addressed to the Issuer, which might affect the valuation of their respective investments. Page 4 of 5 Pages ITEM 7. MATERIAL TO BE FILED AS EXHIBITS None. SIGNATURE After reasonable inquiry and to the best of its knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: May 9, 2000. CMM PROPERTIES, LLC By: /s/ Gary W. Copperud -------------------------------------- Its: Manager ---------------------------------- Page 5 of 5 Pages -----END PRIVACY-ENHANCED MESSAGE-----