-----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, BUghS8m0/Vp5crOINRlA9i0qFlfIJyuQt2CL3dwk9D3P6KEtp0T4rBoCTeZfDedU /ga12MsfkZdJzMPFpMiSug== 0001047469-98-043891.txt : 19981215 0001047469-98-043891.hdr.sgml : 19981215 ACCESSION NUMBER: 0001047469-98-043891 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19981214 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PHOTOGEN TECHNOLOGIES INC CENTRAL INDEX KEY: 0000761237 STANDARD INDUSTRIAL CLASSIFICATION: [9995] IRS NUMBER: 364010347 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-53647 FILM NUMBER: 98769055 BUSINESS ADDRESS: STREET 1: 7327 OAK RIDGE HIGHWAY STREET 2: SUITE B CITY: KNOXVILLE STATE: TN ZIP: 37931 BUSINESS PHONE: 4237694011 MAIL ADDRESS: STREET 1: 7327 OAK RIDGE HIGHWAY STREET 2: SUITE B CITY: KNOXVILLE STATE: TN ZIP: 37931 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: LEVINE STUART P CENTRAL INDEX KEY: 0001067262 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 875 N MICHIGAN AVE STREET 2: SUITE 2930 CITY: CHICAGO STATE: IL ZIP: 60611-1901 BUSINESS PHONE: 3123972620 MAIL ADDRESS: STREET 1: 875 N MICHIGAN AVE STREET 2: SUITE 2930 CITY: CHICAGO STATE: IL ZIP: 60611-1901 SC 13D/A 1 SC 13D/A INFORMATION REQUIREMENTS FOR FILINGS UPON ACQUISITION OF FIVE PERCENT OF A CLASS OF EQUITY SECURITIES SUBJECT TO THE REPORTING REQUIREMENTS OF THE 1934 ACT SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 1)* PHOTOGEN TECHNOLOGIES, INC. (Name of Issuer) COMMON STOCK (Title of Class of Securities) 71932A-10-1 (CUSIP Number) Stuart P. Levine 875 North Michigan Ave., Suite 2930, Chicago, Illinois 60611 (312/397-2620) (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) September 24, 1998 (Date of Event Which Requires Filing of this Statement) If the 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 proper 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. 71932A-10-1 ______________________________________________________________________________ (1) Names of Reporting Persons. S.S. or I.R.S. Identification Stuart P. Levine Nos. of Above Persons ______________________________________________________________________________ (2) Check the Appropriate Box if a (a) X Member of a Group (See Instructions) (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 ______________________________________________________________________________ Number of Shares Beneficially (7) Sole Voting Power 2,197,121 Owned by Each Reporting Person ______________________________________________ With (8) Shared Voting Power 0 ______________________________________________ (9) Sole Dispositive Power 2,197,121 ______________________________________________ (10) Shared Dispositive Power 0 ______________________________________________________________________________ (11) Aggregate Amount Beneficially Owned By Each Reporting Person 2,197,121 ______________________________________________________________________________ (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ______________________________________________________________________________ (13) Percent of Class Represented by Amount in Row (11) 5.96% ______________________________________________________________________________ (14) Type of Reporting Person (See Instructions) IN ______________________________________________________________________________ -2- CUSIP No. 71932A-10-1 ______________________________________________________________________________ (1) Names of Reporting Persons. S.S. or I.R.S. Identification SL Investment Enterprises, LP Nos. of Above Persons ______________________________________________________________________________ (2) Check the Appropriate Box if a (a) X Member of a Group (See Instructions) (b) _____________________________ ______________________________________________________________________________ (3) SEC Use Only ______________________________________________________________________________ (4) Source of Funds (See Instructions) OO ______________________________________________________________________________ (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) ______________________________________________________________________________ (6) Citizenship or Place of Organization Georgia ______________________________________________________________________________ Number of Shares Beneficially (7) Sole Voting Power 1,000,000 Owned by Each Reporting Person ___________________________________________ With (8) Shared Voting Power 0 ___________________________________________ (9) Sole Dispositive Power 1,000,000 ___________________________________________ (10) Shared Dispositive Power 0 ______________________________________________________________________________ (11) Aggregate Amount Beneficially Owned By Each Reporting Person 1,000,000 ______________________________________________________________________________ (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ______________________________________________________________________________ (13) Percent of Class Represented by Amount in Row (11) 2.71% ______________________________________________________________________________ (14) Type of Reporting Person (See Instructions) PN ______________________________________________________________________________ -3- CUSIP No. 71932A-10-1 ______________________________________________________________________________ (1) Names of Reporting Persons. S.S. or I.R.S. Identification Stuart and Sherri Levine Nos. of Above Persons Family Foundation, Inc. ______________________________________________________________________________ (2) Check the Appropriate Box if a (a) X Member of a Group (See Instructions) (b) ____________________________ ______________________________________________________________________________ (3) SEC Use Only ______________________________________________________________________________ (4) Source of Funds (See Instructions) OO ______________________________________________________________________________ (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) ______________________________________________________________________________ (6) Citizenship or Place of Organization Illinois ______________________________________________________________________________ Number of Shares Beneficially (7) Sole Voting Power 100,000 Owned by Each Reporting Person ___________________________________________ With (8) Shared Voting Power 0 ___________________________________________ (9) Sole Dispositive Power 100,000 ___________________________________________ (10) Shared Dispositive Power 0 ______________________________________________________________________________ (11) Aggregate Amount Beneficially Owned By Each Reporting Person 100,000 ______________________________________________________________________________ (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ______________________________________________________________________________ (13) Percent of Class Represented by Amount in Row (11) 0.27% ______________________________________________________________________________ (14) Type of Reporting Person (See Instructions) CO ______________________________________________________________________________ -4- Item 1. SECURITY AND ISSUER. The title of the class of securities to which this Schedule 13D relates is Common Stock ("Common Stock") of Photogen Technologies, Inc., a Nevada corporation (the "Issuer"). The principal executive offices of the Issuer are located at 7327 Oak Ridge Highway, Suite B, Knoxville, TN 37931. Item 2. IDENTITY AND BACKGROUND. Set forth below is the following information with respect to each of the persons filing this Schedule 13D (together, the "Filing Persons") and, in addition, each of such person's general partners, if applicable, and, if applicable, the persons controlling such general partners (such additional persons, together with the Filing Persons, the "Item 2 Persons"): (a) name; (b) address of principal offices (if entity) or residence or business address (if individual); (c) principal business (if entity) or principal occupation and name, business and address of employer (if individual); (d) information concerning criminal convictions during the last five years; (e) information concerning civil or administrative proceedings under state or federal securities laws during the past five years with respect to any state or federal securities laws and (f) citizenship (if individual) or jurisdiction of organization (if entity). I. a) Stuart P. Levine b) 875 North Michigan Avenue, Suite 2930, Chicago, IL 60611 c) Private investor, 875 North Michigan Avenue, Suite 2930, Chicago, IL 60611 d) No criminal convictions (1) e) No adverse civil judgments for violations of securities laws (1) f) United States II. a) SL Investment Enterprises, LP b) c/o Stuart P. Levine, 875 North Michigan Avenue, Suite 2930, Chicago, IL 60611 c) Investment partnership d) No criminal convictions (1) e) No adverse civil judgments (1) f) Georgia III. a) Stuart and Sherri Levine Family Foundation b) c/o Stuart P. Levine, 875 North Michigan Avenue, Suite 2930, Chicago, IL 60611 c) Not-for-profit corporation d) No criminal convictions (1) -5- e) No adverse civil judgments (1) f) Illinois (1) During the last five years, no person listed above has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors), nor has any such person been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction that resulted in such person becoming 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. Item 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. Mr. Levine acquired 3,239,350 shares of Common Stock on December 9, 1994 from the Issuer in a private placement (adjusted to reflect a subsequent two-for-one reverse stock split). The purchase price at that time was $.0231528 per share, which Mr. Levine paid with his personal funds. On May 16, 1997, the Issuer sold 2,975,359 shares of Common Stock to Mr. Levine in a private transaction. The purchase price was $.28568 per share, which Mr. Levine paid with his personal funds. (These purchases were part of a stockholder restructuring in which Mr. Levine transferred 2,714,288 shares to the Issuer's treasury for cancellation.) Since May, 1997, Mr. Levine has transferred shares to SL investment Enterprises, LP and Stuart and Sherri Levine Family Foundation, Inc., entities which he controls; and Mr. Levine has also disposed of certain shares to third parties by gift or sale. The purpose of this Amendment No. 1 is to report that Mr. Levine has disposed by gift of an aggregate of 12,300 shares since his last report on Schedule 13D. Item 4. PURPOSE OF TRANSACTION. No reporting person has any current plans or proposals that relate to or would result in: a. The acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer; b. An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries; c. A sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries; d. Any change in the present board of directors or management of the Issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board; -6- e. Any material change in the present capitalization or dividend policy of the Issuer; f. Any other material change in the Issuer's business or corporate structure; g. Changes in the Issuer's charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the Issuer by any person; h. Causing a class of securities of the Issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; i. A class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Exchange Act; or j. Any action similar to any of those enumerated above. Item 5. INTEREST IN SECURITIES OF THE ISSUER.
Common Stock Name of Beneficially % of Voting Power Item of Person Owned Class (1) - ------------------------------------------------------------------------ Stuart P. Levine 2,197,121 5.96% Sole SL Enterprises, LP 1,000,000 2.71% Sole Stuart and Sherri Levine 100,000 0.27% Sole Family Foundation, Inc.
All percentages in this table are based, pursuant to Rule 13d-1(e) of the Securities Exchange Act of 1934, on the 36,875,001 shares of Common Stock of the Issuer outstanding as of September 30, 1998. Item 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. There are no contracts, arrangements or understandings among any of the Item 2 Persons made or entered into specifically with respect to holding, voting or disposing of the Common Stock of the Issuer. Item 7. MATERIAL TO BE FILED AS EXHIBITS. None. -7- 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 correct. Dated: December 9, 1998 /s/ Stuart P. Levine -------------------------------------------------- STUART P. LEVINE, individually and as General Partner and President, respectively, of SL Investment Enterprises, LP, and the Stuart and Sherri Levine Family Foundation, Inc. -8- -----END PRIVACY-ENHANCED MESSAGE-----