-----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, PKamTqii96nyWbQa81famRGVZriuaQxF7Rem0teh78tUg7zK9OB8I7aOcBRt9Kzy XIbQLCv0IsCV6BeREOm+sw== 0001005477-98-002632.txt : 19980827 0001005477-98-002632.hdr.sgml : 19980827 ACCESSION NUMBER: 0001005477-98-002632 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980826 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CAPRIUS INC CENTRAL INDEX KEY: 0000722567 STANDARD INDUSTRIAL CLASSIFICATION: ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845] IRS NUMBER: 222457487 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-35271 FILM NUMBER: 98698275 BUSINESS ADDRESS: STREET 1: 47 JONSPIN RD CITY: WILMINGTON STATE: MA ZIP: 01887 BUSINESS PHONE: 9786578876 MAIL ADDRESS: STREET 1: 46 JONSPIN ROAD STREET 2: 46 JONSPIN ROAD CITY: WILMINGTON STATE: MA ZIP: 01887 FORMER COMPANY: FORMER CONFORMED NAME: ADVANCED NMR SYSTEMS INC DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ALBERT INVESTMENT STRATEGIES INC CENTRAL INDEX KEY: 0001066274 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 650651483 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 1304 SW 160TH AVE STREET 2: SUITE 209 CITY: FT. LAUDERDALE STATE: FL ZIP: 33326 BUSINESS PHONE: 9543844801 MAIL ADDRESS: STREET 2: 230 PARK AVENUE, 32ND FL CITY: NEW YORK STATE: NY ZIP: 10169 SC 13D/A 1 AMENDMENT NUMBER 2 TO SCHEDULE 13D UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 2)* -- Caprius, Inc. ---------------------------------------------------- (Name of Issuer) Common Stock, $.01 par value ---------------------------------------------------- (Title of Class of Securities) 14066K107 ---------------------------------------------------- (CUSIP Number) Noah Klarish & Associates, P.C. Two World Trade Center, 93rd Floor, NY NY 10048 (212) 488-1111 ---------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) August 25, 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(b)(3) or (4), check the following box |_|. Check the following box if a fee is being paid with this statement |_|. (A fee is not required only if the filing 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 cover page shall be filed 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 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. 14066K107 Page 2 of 6 Pages ---------- ----- ----- - -------------------------------------------------------------------------------- 1 Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person Albert Investment Strategies, Inc. - -------------------------------------------------------------------------------- 2 Check the Appropriate Box If a Member of a Group* a. |_| b. |_| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds WC and 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 Florida - -------------------------------------------------------------------------------- 7 Sole Voting Power 692,564 (includes 440,064 shares Number of held by Albert Investment Associates, L.P. and 252,500 Shares shares held by various accounts over which Albert Beneficially Investment Strategies, Inc. has discretionary Owned By authority.) Each -------------------------------------------------------- Reporting 8 Shared Voting Power Person With 0 -------------------------------------------------------- 9 Sole Dispositive Power 692,564 (includes 440,064 shares held by Albert Investment Associates, L.P. and 252,500 shares held by various accounts over which Albert Investment Strategies, Inc. has discretionary authority.) -------------------------------------------------------- 10 Shared Dispositive Power 252,500 shares held by various accounts over which Albert Investment Strategies, Inc. has discretionary authority.) - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned by Each Reporting Person 692,564 - -------------------------------------------------------------------------------- 12 Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares* |_| - -------------------------------------------------------------------------------- 13 Percent of Class Represented By Amount in Row (11) 9.4% - -------------------------------------------------------------------------------- 14 Type of Reporting Person* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Item 1. Security and Issuer. This statement relates to the Common Stock, $.01 par value per share (the "Common Stock"), of Caprius, Inc., a Delaware corporation (the "Issuer"). The Issuer maintains its principal executive office at 46 Jonspin Road, Wilmington, MA 01887. Item 2. Identity and Background. (a) This statement is filed by (i) Albert Investment Strategies, Inc., a Florida corporation ("Albert Investment Strategies"), with respect to shares of the Issuer's Common Stock held in investment accounts over which Albert Investment Strategies has discretionary authority, and (ii) Albert Investment Associates, L.P., a Delaware limited partnership (the "Albert Partnership") with respect to shares of the Issuer's Common Stock held by it. Albert Investment Strategies and the Albert Partnership shall sometimes be collectively referred to herein as the "Reporting Person." (b) The Reporting Person filed an initial Schedule 13D for an event of July 10, 1998 (the "Initial Schedule") and Amendment No. 1 to the Initial Schedule for an event of July 31, 1998. Except to the extent set forth in this Amendment, the information in the Initial Schedule and the prior amendment remains unchanged. Item 3. Source and Amount of Funds or Other Consideration. Albert Investment Strategies has discretionary authority over accounts which own 252,500 shares of the Issuer's Common Stock for which such accounts paid a total of $373,887.39 from the personal funds of the beneficial owners of such accounts. The Albert Partnership directly owns 440,064 shares of the Issuer's Common Stock for which it paid $712,674.66 from its working capital. Item 5. Interest in Securities of the Issuer. (a) The number of shares of the Issuer's Common Stock and the percentage of the outstanding shares (based upon 7,364,934 shares outstanding as reported in the Issuer's Quarterly Report on Form 10-Q for the quarter ended June 30, 1998) directly beneficially owned by each Reporting Person is as follows: Percentage of Name Number of Shares Outstanding Shares - ---- ---------------- ------------------ Albert Partnership 440,064 6.0% Albert discretionary accounts 252,500 3.4% (b) Albert Investments Strategies has sole power to vote 692,564 shares of the Issuer's Common Stock and the sole power to dispose or direct the disposition of 440,064 shares and the shared power to dispose or direct the disposition of 252,500 shares of the Issuer's Common Stock. (c) See Appendix I annexed hereto. 2 Signatures After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Dated: August 25, 1998 ALBERT INVESTMENTS STRATEGIES, INC. By: /s/ Ira Albert ---------------------------------------------- Ira Albert, President ALBERT INVESTMENT ASSOCIATES, L.P. By: ALBERT INVESTMENT STRATEGIES, INC. By: /s/ Ira Albert ---------------------------------------------- Ira Albert, President 3 APPENDIX 1 TRANSACTIONS IN CAPRIUS, INC. COMMON STOCK WITHIN THE PAST 60 DAYS OTHER THAN THOSE PREVIOUSLY REPORTED. All transactions were open market purchases and the commissions are included in the price of the shares. 1. Albert Investment Associates, L.P. No. of Trade Shares Cost of Date Purchased Price Per Share Purchases ---- --------- --------------- --------- 8/4/98 6,800 $1.75 $12,040.50 8/5/98 12,000 1.78 21,618.75 8/6/98 4,500 1.69 7,688.25 8/24/98 6,600 1.19 7,392.00 8/24/98 3,100 1.33 4,152.76 ------ ---------- 33,000 $52,892.26 2. Other Discretionary Accounts. No. of Trade Shares Cost of Date Purchased Price Per Share Purchases ---- --------- --------------- --------- 8/5/98 7,000 $ 1.69 $11,812.50 8/10/98 20,000 1.75 35,000.00 8/11/98 20,000 1.59 31,875.00 8/25/98 5,000 1.40 7,050.00 ------ ---------- 52,000 $85,737.50 4 -----END PRIVACY-ENHANCED MESSAGE-----