-----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, AlvTkQFRVJfmtLgKCLM9zomTjnADujKGUgWYGBSnLMWT7PSoKkp1WFsDdYLSOUJt 0P/Sy8Yks35dSxJpaaVM9w== 0001063855-98-000006.txt : 19980630 0001063855-98-000006.hdr.sgml : 19980630 ACCESSION NUMBER: 0001063855-98-000006 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980629 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: IMAGING DIAGNOSTIC SYSTEMS INC /FL/ CENTRAL INDEX KEY: 0000790652 STANDARD INDUSTRIAL CLASSIFICATION: ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845] IRS NUMBER: 222671269 STATE OF INCORPORATION: FL FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-51631 FILM NUMBER: 98656300 BUSINESS ADDRESS: STREET 1: 6531 NW 18TH COURT CITY: PLANTATION STATE: FL ZIP: 33313-4520 BUSINESS PHONE: 3057460500 MAIL ADDRESS: STREET 1: 6531 NW 18TH COURT CITY: PLANTATION STATE: FL ZIP: 33313-4520 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BALMORE FUNDS SA CENTRAL INDEX KEY: 0001063855 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: TRIDENT CHAMBERS P O BOX 146 STREET 2: ROAD TOWN TORTOLA CITY: BRITISH VIRGIN IS STATE: D8 ZIP: 00000 BUSINESS PHONE: 014112016262 MAIL ADDRESS: STREET 1: TRIDENT CHAMBERS P O BOX 146 STREET 2: ROAD TOWN TORTOLA CITY: BRITISH VIRGIN IS STATE: D8 ZIP: 00000 SC 13G 1 ================================================================================ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. ____)* Imaging Diagnostic Systems, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK, NO PAR VALUE - -------------------------------------------------------------------------------- (Title of Class of Securities) 45244W100 - -------------------------------------------------------------------------------- (CUSIP Number) *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 the disclosures provided in a prior cover page. The information required in 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). (Continued on following page(s)) ================================================================================ Page 1 of 4 Pages - ------------------------------ ------------------------------ CUSIP No. 45244W100 13G Page 2 of 4 Pages - ------------------------------ ------------------------------ - -------------------------------------------------------------------------------- 1. NAMES OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Balmore Funds S.A. - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION British Virgin Islands - -------------------------------------------------------------------------------- 5. SOLE VOTING POWER NUMBER OF 1,659,575 shares of Common Stock SHARES -------------------------------------------------------- BENEFICIALLY 6. SHARED VOTING POWER OWNED BY None EACH -------------------------------------------------------- REPORTING 7. SOLE DISPOSITIVE POWER PERSON WITH 1,659,575 shares of Common Stock -------------------------------------------------------- 8. SHARED DISPOSITIVE POWER None - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,659,575 shares of Common Stock, which includes presently-exercisable options to convert into shares of Common Stock at a discount to current market price - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [] - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.3% - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON CO - -------------------------------------------------------------------------------- CUSIP NO. 45244W100 PAGE 3 OF 4 PAGES ITEM 1 (a) NAME OF ISSUER: Imaging Diagnostic Systems Inc. ITEM 1 (b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 6531 NW 18th Court, Plantation, FL 33313 ITEM 2 (a) NAME OF PERSON FILING: Balmore Funds S.A. ITEM 2 (b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: Trident Chambers, Road Town, Tortola, British Virgin Islands ITEM 2 (c) CITIZENSHIP: British Virgin Islands ITEM 2 (d) TITLE OF CLASS OF SECURITIES: Common Stock, $.01 par value ITEM 2 (e) CUSIP NUMBER: 45244W100 ITEM 3 IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B) OR 13D-2(B): Not applicable ITEM 4 OWNERSHIP (a) AMOUNT BENEFICIALLY OWNED: 1,659,575 shares of Common Stock, which includes presently-exercisable options to convert into shares of Common Stock at a discount to current market price. (b) PERCENT OF CLASS: 5.3% (c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS: (i) SOLE POWER TO VOTE OR DIRECT THE VOTE 1,659,575 Shares (ii) SHARED POWER TO VOTE OR DIRECT THE VOTE 0 Shares (iii) SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF 1,659,575 Shares (iv) SHARED POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF 0 Shares CUSIP NO. 45244W100 PAGE 4 OF 4 PAGES ITEM 5 OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS Not applicable ITEM 6 OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON Not applicable ITEM 7 IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY Not applicable ITEM 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF A GROUP Not applicable ITEM 9 NOTICE OF DISSOLUTION OF GROUP Not applicable 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. June 8, 1998 ---------------------------------------- (Date) /s/ Francois Morax ---------------------------------------- (Signature) Francois Morax, Director ---------------------------------------- (Name/Title) -----END PRIVACY-ENHANCED MESSAGE-----