-----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, WAaVCrwfUFtCKtgkLoHJ76WzE6hnciaEplg6Tl35PXcV/NQqwiwDeqirwyeVoyRi jrE4kw5Cz+oagCiiRdReMQ== 0001144204-07-007079.txt : 20070213 0001144204-07-007079.hdr.sgml : 20070213 20070213142358 ACCESSION NUMBER: 0001144204-07-007079 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070213 DATE AS OF CHANGE: 20070213 GROUP MEMBERS: CANTARA (SWITZERLAND) SA SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: RONCO CORP CENTRAL INDEX KEY: 0000869498 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-NONSTORE RETAILERS [5960] IRS NUMBER: 841148206 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-80775 FILM NUMBER: 07608437 BUSINESS ADDRESS: STREET 1: 21344 SUPERIOR STREET CITY: CHATSWORTH STATE: CA ZIP: 91311 BUSINESS PHONE: 8187754602 MAIL ADDRESS: STREET 1: 21344 SUPERIOR STREET CITY: CHATSWORTH STATE: CA ZIP: 91311 FORMER COMPANY: FORMER CONFORMED NAME: FI TEK VII INC DATE OF NAME CHANGE: 19930328 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CRESCENT INTERNATIONAL LTD CENTRAL INDEX KEY: 0001075643 IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: C/O GREENLIGHT(SWITZERLAND)SA STREET 2: 84 AVE LOUIS CASAI, 1216 COINTRIN/GENEVA CITY: SWITZERLAND BUSINESS PHONE: 41227917170 MAIL ADDRESS: STREET 1: 2 CHURCH STREET STREET 2: HAMILTON H 11 CITY: BERMUDA STATE: D0 ZIP: 00000 SC 13G/A 1 v065624_sc13ga.txt SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 - -------------------------------------------------------------------------------- SCHEDULE 13G (RULE 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) (AMENDMENT NO. 1) - -------------------------------------------------------------------------------- RONCO CORPORATION ----------------- (Name of Issuer) COMMON STOCK ------------ (Title of Class of Securities) 776292104 --------- (CUSIP Number) DECEMBER 31, 2006 ----------------- (Date of event which requires filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [x] Rule 13d-1(c) [ ] Rule 13d-1(d) (Continued on following pages) (Page 1 of 6 Pages) - ------- ------------------------------------------------------------------------ 1. NAME OF REPORTING PERSON - ------- ------------------------------------------------------------------------ S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Crescent International Ltd. - ------- ------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [x] - ------- ------------------------------------------------------------------------ 3. SEC USE ONLY - ------- ------------------------------------------------------------------------ 4. CITIZENSHIP OR PLACE OF ORGANIZATION: Bermuda - ------------------------- ---- ------------------------------------------------- 5. SOLE VOTING POWER 163,261 NUMBER OF SHARES ---- ------------------------------------------------- BENEFICIALLY OWNED BY 6. SHARED VOTING POWER None. EACH REPORTING PERSON ---- ------------------------------------------------- WITH 7. SOLE DISPOSITIVE POWER 163,261 ---- ------------------------------------------------- 8. SHARED DISPOSITIVE POWER None. - -------- ----------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 163,261 - -------- ----------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - -------- ----------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.3% (1) - -------- ----------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON: OO - -------- ----------------------------------------------------------------------- - ------- ------------------------------------------------------------------------ 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Cantara (Switzerland) SA - ------- ------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [x] - ------- ------------------------------------------------------------------------ 3. SEC USE ONLY - ------- ------------------------------------------------------------------------ 4. CITIZENSHIP OR PLACE OF ORGANIZATION: Switzerland - ------------------------- ---- ------------------------------------------------- 5. SOLE VOTING POWER 163,261 NUMBER OF SHARES ---- ------------------------------------------------- BENEFICIALLY OWNED BY 6. SHARED VOTING POWER None. EACH REPORTING PERSON ---- ------------------------------------------------- WITH 7. SOLE DISPOSITIVE POWER 163,261 ---- ------------------------------------------------- 8. SHARED DISPOSITIVE POWER None. - -------- ----------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 163,261 - -------- ----------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - -------- ----------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.3% (1) - -------- ----------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON: OO - -------- ----------------------------------------------------------------------- 1. Based on 2,591,605 issued and outstanding shares of Common Stock as of October 31, 2006 as reported in the Form 10-Q/A for the period ended September 30, 2006 which was filed on February 12, 2007 with the Securities and Exchange Commission. Item 1(a). Name of Issuer. RONCO CORPORATION. ("RNCP") Item 1(b). Address of Issuer's Principal Executive Offices. 21344 Superior Street Chatsworth, CA 91311 USA Item 2(a). Names of Person Filing. (i) Crescent International Ltd. ("Crescent") (ii) Cantara (Switzerland) SA ("Cantara") Item 2(b). Address of Principal Business Office, or if none, Residence. As to Crescent: Clarendon House 2 Church Street Hamilton H 11 Bermuda As to Cantara: 84, av. Louis Casai CH-1216 Cointrin, Geneva Switzerland Item 2(c). Citizenship. As to Crescent: Bermuda As to Cantara: Switzerland Item 2(d). Title of Class of Securities. Common Stock, par value $0.001 per share (the "Common Stock"). Item 2(e). CUSIP Number. 776292104 Item 3. If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b), check whether the person filing is a: Not applicable. Item 4. Ownership. The information contained in Items 5 though 11 on the cover pages hereto is incorporated herein by reference. The 163,261 shares of Common Stock beneficially owned by Crescent are issuable upon conversion of the Series A Convertible Preferred Stock of RNCP held by Crescent. Cantara serves as the investment manager to Crescent, and as such has been granted investment discretion over investments including the Common Stock. As a result of its role as investment manager to Crescent, Cantara may be deemed to be the beneficial owner, as defined in Rule 13d-3 under the Securities Exchange Act of 1934, of Common Stock held by Crescent. However, Cantara does not have the right to receive any dividends from, or the proceeds from the sale of, the Common Stock held by Crescent and disclaims any ownership associated with such rights. Currently, Maxi Brezzi and Bachir Taleb-Ibrahimi, in their capacity as managers of Cantara have delegated authority regarding the portfolio management decisions of Crescent with respect to the RNCP securities owned by Crescent. Neither of such persons has any legal right to maintain such delegated authority. As a result of such delegated authority, Messrs. Brezzi and Taleb-Ibrahimi may be deemed to be the beneficial owners of Common Stock held by Crescent. However, neither of Messrs. Brezzi or Taleb-Ibrahimi has any right to receive any dividends from, or the proceeds from the sale of, the Common Stock held by Crescent and disclaim beneficial ownership of such shares of Common Stock. Accordingly, for the purposes of this Statement: (i) Crescent is reporting that it has the power solely to vote or direct the vote and the power to dispose or direct the disposition of, a total of 163,261 shares of Common Stock beneficially owned by it. (ii) Cantara is reporting that it has the power solely to vote or direct the vote and the power to dispose or direct the disposition of, a total of 163,261 shares of Common Stock beneficially owned by it. 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 the Group. Not applicable. Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certification. By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction which could have that purpose or effect. 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. Date: February 13, 2007 CRESCENT INTERNATIONAL LTD. By: CANTARA (Switzerland) SA, as Attorney-in-Fact By: /s/ Maxi Brezzi ---------------------------- Name: Maxi Brezzi Title: Authorized Signatory By: /s/ Bachir Taleb-Ibrahimi ---------------------------- Name: Bachir Taleb-Ibrahimi Title: Authorized Signatory CANTARA (SWITZERLAND) SA By: /s/ Maxi Brezzi ---------------------------- Name: Maxi Brezzi Title: Managing Director By: /s/ Bachir Taleb-Ibrahimi ---------------------------- Name: Bachir Taleb-Ibrahimi Title: Investment Manager -----END PRIVACY-ENHANCED MESSAGE-----