-----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, QdyX5TWzQSkVEVwZGPvofP46NVdEG4ECRl1RjGlHhiQoAGWeTBHAmtJxUkDhWuX1 SnEQDjRTvTlJpQ3Ij/50JA== 0000716101-96-000053.txt : 19961010 0000716101-96-000053.hdr.sgml : 19961010 ACCESSION NUMBER: 0000716101-96-000053 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19961009 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: EQUITEX INC CENTRAL INDEX KEY: 0000716101 STANDARD INDUSTRIAL CLASSIFICATION: INVESTORS, NEC [6799] IRS NUMBER: 840905189 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-41199 FILM NUMBER: 96641054 BUSINESS ADDRESS: STREET 1: 7315 E PEAKVIEW AVE STREET 2: GREENWOOD EXECUTIVE PARK BLDG 8 CITY: ENGLEWOOD STATE: CO ZIP: 80111 BUSINESS PHONE: 3037968940 MAIL ADDRESS: STREET 1: 7315 EAST PEAKVIEW AVENUE CITY: ENGLEWOOD STATE: CO ZIP: 80111-6701 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FONG HENRY CENTRAL INDEX KEY: 0000864019 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 7315 E PEAKVIEW AVE BLDG 8 STREET 2: GREENWOOD EXECUTIVE PARK CITY: ENGLEWOOD STATE: CO ZIP: 80111 BUSINESS PHONE: 3037968940 SC 13D/A 1 AMENDMENT NO. 4 TO SCHEDULE 13D UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13D Under the Securities Act of 1934 (Amendment No. 4 )* EQUITEX, INC. ----------------------------- (Name of Issuer) COMMON STOCK, $.02 PAR VALUE ------------------------------ (Title of Class of Securities 294592 30 8 ----------------------------- (CUSIP Number) THOMAS B. OLSON, SECRETARY EQUITEX, INC. 7315 E. PEAKVIEW AVE. ENGLEWOOD, COLORADO 80111 (303) 796-8940 -------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) SEPTEMBER 25, 1996 ------------------------------------------------------- (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 Rule 13d-1(b)(3) or (4), check the following box / / Check the following box if a fee is being paid with the statement / /. (A fee is not required 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.) Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties 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). CUSIP No. 294592 30 8 Page 2 of 6 Pages Row 1: Henry Fong ###-##-#### Row 2: (a) / / (b) / / Row 3: SEC USE ONLY Row 4: PF Row 5: / / Row 6: United States Row 7: 532,829 Row 8: 0 Row 9: 532,829 Row 10: 0 Row 11: 532,829 Row 12: / / Row 13: 15.7% Row 14: IN CUSIP No. 294592 30 8 Page 3 of 6 Pages ITEM 1. SECURITY AND ISSUER - --------------------------- COMMON STOCK, $.02 PAR VALUE HENRY FONG, PRESIDENT THOMAS B. OLSON, SECRETARY EQUITEX, INC. 7315 E. PEAKVIEW AVENUE ENGLEWOOD, COLORADO 80111 ITEM 2. IDENTITY AND BACKGROUND - ------------------------------- (a) HENRY FONG (b) EQUITEX, INC. 7315 E. PEAKVIEW AVENUE ENGLEWOOD, COLORADO 80111 (c) PRESIDENT- EQUITEX, INC. 7315 E. PEAKVIEW AVENUE ENGLEWOOD, COLORADO 80111 (d) DURING THE LAST FIVE YEARS THE REPORTING PERSON HAS NOT BEEN CONVICTED IN A CRIMINAL PROCEEDING (EXCLUDING TRAFFIC VIOLATIONS OR SIMILAR MISDEMEANORS). (e) IN AUGUST 1994, THE REPORTING PERSON, THE PRESIDENT, TREASURER AND A DIRECTOR OF THE ISSUER, RESOLVED A PENDING MATTER ADMINISTRATIVELY WITH THE SECURITIES AND EXCHANGE COMMISSION (THE "COMMISSION"). THE SOLE ALLEGED VIOLATION OCCURRED OVER SEVEN YEARS AGO WHEN THE REPORTING PERSON DID NOT OBTAIN TECHNICAL APPROVAL FROM THE COMMISSION FOR TWO TRANSACTIONS IN CERTAIN SECURITIES THAT THE ISSUER OWNED IN AN INVESTEE COMPANY. WITHOUT ADMITTING OR DENYING ANY VIOLATION, THE REPORTING PERSON AGREED TO CEASE AND DESIST FROM COMMITTING OR CAUSING A VIOLATION OF SECTION 57(a)(1) AND (4) OF THE INVESTMENT COMPANY ACT OF 1940. THE REPORTING PERSON ALSO AGREED THAT WHILE HE IS ASSOCIATED WITH THE ISSUER, HE WILL OBTAIN LEGAL ADVICE BEFORE HE BUYS OR SELLS SECURITIES IN A COMPANY WITH WHICH HE IS ASSOCIATED OR AFFILIATED. THE REPORTING PERSON HAS RETURNED A PROFIT MADE ON THE TRANSACTION OF $73,775 PLUS INTEREST OF $54,612. (f) UNITED STATES CUSIP No. 294592 30 8 Page 4 of 6 Pages ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION - --------------------------------------------------------- PERSONAL FUNDS ITEM 4. PURPOSE OF TRANSACTION - ------------------------------ THESE SECURITIES HAVE BEEN ACQUIRED AS AN INVESTMENT BY AN OFFICER AND DIRECTOR OF THE ISSUER. THE REPORTING PERSON MAY PURCHASE FURTHER SHARES AT A LATER DATE FOR INVESTMENT PURPOSES. (a)-(j) THE REPORTING PERSON HAS NO PLANS WHICH RELATE TO SUBITEMS (a) through (j) OF ITEM 4. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER - -------------------------------------------- (a) 326,284 SHARES COMMON STOCK; 30,500 INCENTIVE STOCK OPTIONS EXERCISABLE AT $3.00 PER SHARE WHICH EXPIRE ON DEDEMBER 28, 1998; AND 176,045 NON-QUALIFIED STOCK OPTIONS EXERCISABLE AT $3.00 PER SHARE WHICH EXPIRE ON DECEMBER 28, 1998. A TOTAL OF 532,829 SHARES REPRESENTING 15.7% OF THE PRESENTLY OUTSTANDING $.02 PAR VALUE COMMON STOCK. (b) SHARES WITH SOLE POWER TO VOTE: 532,829 SHARES WITH SHARED POWER TO VOTE: -0- SHARES WITH SOLE POWER TO DISPOSE OF: 532,829 SHARES WITH SHARED POWER TO DISPOSE OF: -0- (c) DURING THE 60 DAYS PRECEDING THIS REPORT, THE REPORTING PERSON PURCHASED SHARES IN THE FOLLOWING DENOMINATIONS AND PRICES IN OPEN MARKET TRANSACTIONS FROM REGISTERED BROKER/DEALERS ON THE DATES INDICATED.
DATE SHARES PRICE ---- ------ ----- SEPTEMBER 25, 1996 5,000 $3.22 TOTAL SHARES PURCHASED DURING PRECEDING 60 DAYS: 5,000
(d) NONE (e) N/A CUSIP No. 294592 30 8 Page 5 of 6 Pages ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO THE SECURITIES OF THE ISSUER - ----------------------------------------------------------------------------- NONE ITEM 7. MATERIAL TO BE FILED AS EXHIBITS - ---------------------------------------- NONE CUSIP No. 294592 30 8 Page 6 of 6 Pages 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: OCTOBER 5, 1996 ------------------ By /S/ HENRY FONG ----------------------- Henry Fong -----END PRIVACY-ENHANCED MESSAGE-----