-----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, NqDzFgTm2k7+Zh56PjUUFia6UVhoiPLIrT1QtTILuBcL9MG6RBkpsuBM/7nr+ALu sjqXK01ZFXQQG82PAG74SA== 0000075448-97-000009.txt : 19970314 0000075448-97-000009.hdr.sgml : 19970314 ACCESSION NUMBER: 0000075448-97-000009 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970313 SROS: NONE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NSTOR TECHNOLOGIES INC CENTRAL INDEX KEY: 0000075448 STANDARD INDUSTRIAL CLASSIFICATION: [9995] IRS NUMBER: 952094565 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-06963 FILM NUMBER: 97555823 BUSINESS ADDRESS: STREET 1: 100 CENTURY BLVD CITY: WEST PALM BEACH STATE: FL ZIP: 33417 BUSINESS PHONE: 561487-1059 MAIL ADDRESS: STREET 1: 100 CENTURY BLVD CITY: WEST PALM BEACH STATE: FL ZIP: 33417 FORMER COMPANY: FORMER CONFORMED NAME: IMGE INC DATE OF NAME CHANGE: 19960627 FORMER COMPANY: FORMER CONFORMED NAME: IMNET INC /DE/ DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: COMMUNICATIONS & CABLE INC DATE OF NAME CHANGE: 19890413 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: REISS JOSEPH CENTRAL INDEX KEY: 0000948865 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 33 BAYBERRY RD CITY: LAWRENCE STATE: KS ZIP: 11559 MAIL ADDRESS: STREET 1: 33 BAYBERRY ROAD CITY: LAWRENCE STATE: KS ZIP: 11559 SC 13D/A 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ____________ SCHEDULE 13d (Rule 13d-101) UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. ____) nSTOR TECHNOLOGIES, INC. _________________________________________________________________ (Name of Issuer) COMMON STOCK $0.05 PAR VALUE _________________________________________________________________ (Title of Class of Securities) 67018N 10 8 _________________________________________________________________ (CUSIP Number) Joseph S. Reiss, 33 Bayberry Rd., Lawrence, NY 11556 (516)295-3536 _________________________________________________________________ (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) December 30, 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 [ ]. Note. Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1 (a) for other parties to whom copies are to be sent. (Continued on following pages) (Page 1 of 4 Pages) CUSIP NO. 67018N 10 8 Page 2 of 4 Pages - ----------------------------------------------------------------- 1. Name of Reporting Person SS or I.R.S. Identification No. of Above Person JOSEPH S. REISS ###-##-#### _________________________________________________________________ 2. Check the appropriate box if a member of a group (a) [ ] (b) [ ] _________________________________________________________________ 3. SEC Use Only _________________________________________________________________ 4. Source of Funds Personal Funds _________________________________________________________________ 5. Check box if disclosure of legal proceedings is required pursuant to items 2(d) or 2(e) [ ] _________________________________________________________________ 6. Citizenship or Place of Organization United States ================================================================= NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH _________________________________________________________________ 7. Sole Voting Power 928,613 _________________________________________________________________ 8. Shared Voting Power -0- ________________________________________________________________ 9. Sole Dispositive Power 928,613 _________________________________________________________________ 10. Shared Dispositive Power ================================================================= 11. Aggregate Amount Beneficially Owned by Each Reporting Person 928,613 _________________________________________________________________ 12. Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares [ ] _________________________________________________________________ 13. Percent of Class Represented by Amount in Row (11) 4.97% _________________________________________________________________ 14. Type of Reporting Person IN _________________________________________________________________ SCHEDULE 13D Item 1: Security and Issuer Common stock, $.05 par value of nStor Technologies, Inc., a Delaware corporation, whose principal executive offices are located at 100 Century Blvd., West Palm Beach, FL. The percentages of beneficial ownership reflected in this Statement is based upon 18,670,477 shares of common stock outstanding as of December 31, 1996, which information has been obtained from the company's released statements. Item 2: Identity and Background a. Name: 1. Joseph Reiss 2. Brenda Reiss b. Residence: 33 Bayberry Rd., Lawrence, NY 11559 c. Occupation and Address: 1. Physician 2. Psychologist 1. 10 Brower Ave., Woodmere, NY 11598 2. HAFTR School, Lawrence, NY 11559 d. None e. None f. U.S. Item 3: Source of Funds Personal Funds Item 4: Purpose of Transaction Passive investment in the company Item 5: Interest in Securities of the Issuer a. Total number of shares beneficially owned by the Reiss family is 928,613, which represents 4.97% of the outstanding shares of common stock. 1. Joseph S. Reiss beneficially owns 747,313 shares of which 629,253 shares are personally owned, 88,060 as trustee of the Reiss Pension Plan and 30,000 shares as trustee of the Bayberry Trust. 2. Brenda Reiss is custodian for 181,300 shares of which 91,000 shares are beneficially owned by Jonathan Reiss and 90,300 shares by Daniel Reiss. b. Each party above has sole voting power of shares. page 3 of 4 c. The following transactions were effected since the prior filing of Schedule 13D: DATE TRANSACTION ACCOUNT # SHARES PRICE 9/9/96 BUY-Market Reiss Pension 25,000 $1.20 10/1/96 SALE-Option Reiss Pension 178,800 $0.70 12/10/96 SALE-Market Joseph Reiss 25,000 $3.06 12/10/96 SALE-Charity* Joseph Reiss 30,000 $3.12 12/23/96 SALE-Gift Joseph Reiss 15,000 $2.25 12/30/96 SALE-Option Reiss Pension 221,200 $0.70 * Shares contributed to the Bayberry Trust: Joseph S. Reiss, Trustee d. None e. Reiss ceased to be the beneficial owner of more than five percent of the Issuer's Common Stock on December 31, 1996. Items 6. & 7.: Contracts etc. None After reasonable inquiry and to the best of my knowledge and belief, we certify that the information set forth in this statement is true, complete and accurate. March 13, 1997 /s/ Joseph Reiss /s/ Brenda Reiss _________________ _____________________ ______________________ Date Joseph Reiss Brenda Reiss page 4 of 4 -----END PRIVACY-ENHANCED MESSAGE-----