-----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, GimwiMtCpyll8me3x8Xmpogzpbl1GAy0BZODTVCewQHRHvLy7X1FohrLMjPDzH+Y 2JXJRBIJqsRiTxOBhKdHzA== 0000891554-02-004108.txt : 20020703 0000891554-02-004108.hdr.sgml : 20020703 20020702174757 ACCESSION NUMBER: 0000891554-02-004108 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20020703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HALPERIN MAURICE A CENTRAL INDEX KEY: 0001017933 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 441 SOUTH FEDERAL HIGHWAY CITY: DEERFIELD STATE: FL ZIP: 33441 BUSINESS PHONE: 4079890382 MAIL ADDRESS: STREET 1: 441 SOUTH FEDERAL HIGHWAY CITY: DEERFIELD BEACH STATE: FL ZIP: 33441 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: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-06963 FILM NUMBER: 02695460 BUSINESS ADDRESS: STREET 1: 100 CENTURY BLVD. CITY: WEST PALM BEACH STATE: FL ZIP: 33417 BUSINESS PHONE: 5616403125 MAIL ADDRESS: STREET 1: 100 CENTURY BLVD. CITY: W. PALM BEACH STATE: FL ZIP: 33417 FORMER COMPANY: FORMER CONFORMED NAME: IMGE INC /DE/ DATE OF NAME CHANGE: 19940525 FORMER COMPANY: FORMER CONFORMED NAME: IMNET INC /DE/ DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: IMGE INC DATE OF NAME CHANGE: 19960627 SC 13D/A 1 d50968_sc13da.txt AMENDMENT NO. 5 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 5)* nStor Technologies, Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 449-684-10-91 (CUSIP Number) Mr. H. Irwin Levy, Vice Chairman nStor Technologies, Inc. 100 Century Boulevard, West Palm Beach, FL 33417, 561/640-3100 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) June 7, 2002 (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. * 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. 449-684-10-91 - -------------------------------------------------------------------------------- 1 Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above Persons ###-##-#### - -------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds (See Instructions) PF - -------------------------------------------------------------------------------- 5 Check If Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 Citizenship or Place of Organization United States - -------------------------------------------------------------------------------- 7 Sole Voting Power 42,077,844 -------------------------------------------------------- Number of 8 Shared Voting Power Shares Beneficially 0 Owned by -------------------------------------------------------- Each 9 Sole Dispositive Power Reporting Person 42,077,844 With -------------------------------------------------------- 10 Shared Dispositive Power 0 - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned by Each Reporting Person 42,077,844 - -------------------------------------------------------------------------------- 12 Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) |_| - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 30.6% - -------------------------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- 2 Item 1. Security and Issuer. The class of equity securities to which this Schedule 13D relates is the shares of common stock .05 par value per share (the "Shares") of nStor Technologies, Inc. (the "Company"). The principal executive offices of nStor Technologies, Inc. is located at 100 Century Boulevard, West Palm Beach, FL 33417. Item 2. Identity and Background. This statement is being filed by Maurice A. Halperin. My business address is 17890 Deauville Lane, Boca Raton, FL 33496. I am a private investor. During the last five years, I have not been convicted in a criminal proceeding (excluding traffic violations or other similar misdemeanors) and I have not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction which resulted in my being subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. I am a citizen of the United States. Item 3. Source and Amount of Funds or Other Consideration. N/A Item 4. Purpose of Transaction. This Amendment No. 5 to my Schedule 13D is being filed to report updated information regarding my beneficial ownership of shares and voting control in the Company. In Amendment No. 4, filed on November 29, 2001, I reported beneficial ownership directly by me of 42,077,844 shares. I also reported that, upon shareholder approval of a Preferred Stock Purchase Agreement dated November 20, 2001 by and between the Company, Halco Investments, L.C. and me, I would have the power to vote an additional 10,000,000 shares which were to be deposited in a voting trust in favor of Halco Investments on terms mutually agreed upon by Halco Investments and H. Irwin Levy, the Vice Chairman of the Company. Halco Investments is controlled by me. I further reported that, after shareholder approval of the transaction, the Company's Board of Directors would appoint three persons designated by Halco Investments and certain other directors would resign. I would then have control of a majority of the Board of Directors. The Preferred Stock Purchase Agreement was approved by the shareholders on January 10, 2002; however, no voting trust in my favor was executed and my three Board of Director designees were not appointed. Consequently, I do not have control of the Board of Directors, either directly or indirectly through Halco Investments. My beneficial ownership of Shares is not 52,077,844, but 42,077,844 because I do not have voting control of the 10,000,000 shares that were supposed to be deposited into a voting trust but were not. Additionally, because of the issuance of additional shares by the Company on June 7, 2002, my percentage of beneficial ownership at present is approximately 30.6%. For the above reasons, I disclaim having a controlling interest in the Company. 3 Item 5. Interest in Securities of the Issuer. I have the sole power to vote and dispose of 42,077,844 Shares. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. N/A Item 7. Material to be Filed as Exhibits. N/A 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 accurate. DATE: June 28, 2002 /S/ Maurice A. Halperin - ---------------------------------- Signature Maurice A. Halperin - ---------------------------------- Name and Title The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative (other than an executive officer or general partner of this filing person), evidence of the representative's authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature. Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001). 4 -----END PRIVACY-ENHANCED MESSAGE-----