-----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, WlN/PYDfe/nTxLfN3u4EEMOp+Zw8kDypLI1Fo3YwbknOCWwOgQw/rYbkFadQ16iH KuUIzY34qQin25ahfhTw4g== 0000950124-98-005492.txt : 19981009 0000950124-98-005492.hdr.sgml : 19981009 ACCESSION NUMBER: 0000950124-98-005492 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19981008 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: SEC FILE NUMBER: 005-41199 FILM NUMBER: 98722551 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: MILLS WAYNE WILLIAM CENTRAL INDEX KEY: 0000930294 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 474684162 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 5500 WAYZATA BLVD STREET 2: SUITE 29D CITY: PLYMOUTH STATE: MN ZIP: 55441 BUSINESS PHONE: 6125423737 MAIL ADDRESS: STREET 1: 5500 WAYZATA BLVD STREET 2: SUITW 29D CITY: PLYMOUTH STATE: MN ZIP: 55441 SC 13D/A 1 FORM SC 13D/A 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D (AMENDMENT NO. 1)* UNDER THE SECURITIES EXCHANGE ACT OF 1934 EQUITEX, INC. (Name of Issuer) COMMON STOCK, $.02 PAR VALUE PER SHARE (Title of Class of Securities) 294592 30 8 (CUSIP Number) Wayne William Mills William M. Mower, Esq. The Colonnade, Suite 290 Maslon Edelman Borman & Brand, LLP 5500 Wayzata Boulevard 3300 Norwest Center Golden Valley, Minnesota 55416 Minneapolis, Minnesota 55402 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) MAY 26, 1998 (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(e), 13d-1(f) or 13d-1(g), check the following box[_]. *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). Page 1 of 4 2 SCHEDULE 13D CUSIP No. 294592 30 8 Page 2 of 4 Pages 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS WAYNE WILLIAM MILLS S.S. No. ###-##-#### - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[_] (b)[_] - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds* PF - -------------------------------------------------------------------------------- 5 Check Box If Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] - -------------------------------------------------------------------------------- 6 Citizenship or Place of Organization USA - -------------------------------------------------------------------------------- 7 Sole Voting Power 490,000 ----------------------------------------------------------- NUMBER OF 8 Shared Voting Power SHARES BENEFICIALLY 0 OWNED ----------------------------------------------------------- BY EACH 9 Sole Dispositive Power REPORTING PERSON WITH: 490,000 ----------------------------------------------------------- 10 Shared Dispositive Power 0 - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned by Each Reporting Person 490,000 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate amount in Row (11) Excludes Certain Shares* [_] - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 11.4% - -------------------------------------------------------------------------------- 14 Type of Reporting Person* IN - -------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! Page 2 of 4 3 ITEM 1. SECURITY AND ISSUER. This Amendment No. 1 ("Amendment No. 1") dated October 8, 1998 to the Statement on Schedule 13D dated February 19, 1998 (as amended, the "Schedule 13D") relates to the Common Stock, $.02 par value per share (the "Common Stock") of Equitex, Inc., a Delaware corporation (the "Issuer"), and is being filed by Wayne William Mills pursuant to Rule 13d-2(a) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Unless otherwise indicated, each capitalized term used herein but not otherwise defined shall have the meaning assigned to such term in the Schedule 13D. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. The aggregate purchase price of the purchases identified in response to Item 5(c) was $471,875. All such purchases were paid for with personal funds. The shares acquired on September 21, 1998 were acquired by open market purchase. The shares acquired on October 5, 1998 were acquired in a private transaction. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. (a) As of the date hereof, the Reporting Person beneficially owns 490,000 shares of the outstanding Common Stock of the Issuer, representing approximately 11.4% of the Common Stock outstanding (based upon 4,290,315 shares outstanding on July 27, 1998, as reported in the Issuer's most recent filing with the Securities and Exchange Commission). (b) The Reporting Person has sole dispositive and voting power of these shares. (c) Listed below are all transactions effected in the Issuer's Common Stock by the Reporting Person within the preceding 60 days: Reporting Type of Number Price per Person Transaction Trade Date of Shares Share - ------------------------------------------------------------------------------- Wayne Mills Buy 9/21/98 25,000 $5.875 Wayne Mills Buy 10/5/98 100,000 3.25 (d) Not applicable. (e) Not applicable. The Reporting Person still beneficially owns more than five percent of the Issuer's outstanding Common Stock. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. No exhibits are filed with this amendment. Page 3 of 4 4 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: October 8, 1998 By /s/ Wayne William Mills ----------------------- Wayne William Mills Page 4 of 4 -----END PRIVACY-ENHANCED MESSAGE-----