-----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, DWwDYfL+n1zQjUZMJZ4JXl97kyAViMNpDjV6W39TzQoYSEP4bSuBCXPPz8ywj/nU xeuevtUpS72iDwkO3eDZ0Q== 0000950144-03-010886.txt : 20030917 0000950144-03-010886.hdr.sgml : 20030917 20030917151416 ACCESSION NUMBER: 0000950144-03-010886 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20030917 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NSTOR TECHNOLOGIES INC CENTRAL INDEX KEY: 0000075448 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 952094565 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-06963 FILM NUMBER: 03899450 BUSINESS ADDRESS: STREET 1: 6190 CORTE DEL CEDRO CITY: CARLSBAD STATE: CA ZIP: 92009 BUSINESS PHONE: 760-683-2500 MAIL ADDRESS: STREET 1: 100 CENTURY BLVD. CITY: W. PALM BEACH STATE: FL ZIP: 33417 FORMER COMPANY: FORMER CONFORMED NAME: IMGE INC DATE OF NAME CHANGE: 19960627 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 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HALPERIN BARRY S CENTRAL INDEX KEY: 0001017935 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 441 SOUTH FEDERAL HIGHWAY CITY: DEERFIELD BEACH STATE: FL ZIP: 33441 BUSINESS PHONE: 4079890382 MAIL ADDRESS: STREET 1: 441 SOUTH FEDERAL HIGHWAY STREET 2: 500 SOUTHEAST 5TH AVE CITY: BOCA RATON STATE: FL ZIP: 334432 SC 13D 1 g84962sc13d.txt NSTOR TECHNOLOGIES, INC. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 nStor Technologies, Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 449-684-10-91 (CUSIP Number) Thomas L. Gruber, Acting President, Chief Operating & Financial Officer 6190 Corte Del Cedro, Carlsbad, California 92009 (760) 683-2500 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) June 2, 2003 (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 |_|. Schedules filed in paper format shall include a signed original and five copies of the Schedule, including all exhibits. See Rule 13-d-7 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 Barry S. Halpern, SS#: ###-##-#### - -------------------------------------------------------------------------------- 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) N/A - -------------------------------------------------------------------------------- 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 53,034,972 -------------------------------------------------------- Number of 8 Shared Voting Power Shares Beneficially 114,600 Owned by -------------------------------------------------------- Each 9 Sole Dispositive Power Reporting Person 53,034,792 With -------------------------------------------------------- 10 Shared Dispositive Power 114,600 - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned by Each Reporting Person 53,149,392 - -------------------------------------------------------------------------------- 12 Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [X] - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 32.4% - -------------------------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- 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 6190 Corte Del Cedro, Carlsbad, California 92009. Item 2. Identity and Background. This statement is being filed by Barry S. Halperin. My residence address is 500 Southeast Fifth Avenue, Penthouse #01, Boca Raton, FL 33432. 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. My father, Maurice A. Halperin was the beneficial owner of the 53,034,792 securities reported on this Form. He died on April 9, 2003. I became qualified to act as Personal Representative of his estate on June 2, 2003 and was deemed to have acquired beneficial ownership of the securities in his estate at that time. Item 4. Purpose of Transaction. This Schedule 13D is being filed to report the acquisition of my beneficial ownership of securities of the Company by virtue of my appointment as the Personal Representative of the Estate of Maurice A. Halperin. Item 5. Interest in Securities of the Issuer. As Personal Representative of the Estate of Maurice A. Halperin, until the distribution of the shares to the beneficiaries, I have the sole power to vote and dispose of 53,034,792 Shares. The Shares as held as follows: (1) 50,015,048 shares are owned by Halco Investments, L.C., a Florida limited liability company in which the Estate has a 99% managing membership interest; and (2) 3,019,744 shares owned directly by the Estate. In addition, 114,600 shares are owned by the Halperin Foundation in which I am a co-trustee together with my sister, Carol Minkin, and have shared voting and dispositive power. The amount of shares reported on Item 11 of the cover page of this report does not include 2,639,784 shares which are owned by Hilcoast Development Corporation, a Florida corporation ("Hilcoast"). Three trusts of which I am the trustee own a minority interest in Hilcoast. I do not have voting and dispositive power over the shares of the Company owned by Hilcoast and disclaim beneficial ownership of these shares. I believe that I do not have voting control and I disclaim a controlling interest in the Company. 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: September 16, 2003 /s/ Barry S. Halperin - ----------------------------------- Signature Barry S. 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). -----END PRIVACY-ENHANCED MESSAGE-----