-----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, DG9pVKYGbebpgmBIlRZKuciwLdjg8yjvIiK8HlM/1btqWaquu3RcVP++c/i/4fhV RYnAIfhAT6DhdXZwjPUi1g== 0000905718-02-000087.txt : 20020414 0000905718-02-000087.hdr.sgml : 20020414 ACCESSION NUMBER: 0000905718-02-000087 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20020213 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: LASERSIGHT INC /DE CENTRAL INDEX KEY: 0000879301 STANDARD INDUSTRIAL CLASSIFICATION: ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845] IRS NUMBER: 650273162 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-46828 FILM NUMBER: 02542362 BUSINESS ADDRESS: STREET 1: 3300 UNIVERSITY BLVD STREET 2: SUITE 140 CITY: WINTER PARK STATE: FL ZIP: 32792 BUSINESS PHONE: 4076789900 MAIL ADDRESS: STREET 1: 3300 UNIVERSITY BLVD STREET 2: SUITE 140 CITY: WINTER PARK STATE: FL ZIP: 32792 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ROTH MICHAEL CENTRAL INDEX KEY: 0001010207 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 10556 N PORT WASHINGTON RD CITY: MEQUON STATE: WI ZIP: 53092 BUSINESS PHONE: 4142411810 MAIL ADDRESS: STREET 1: 10556 N PORT WASHINGTON RD CITY: MEQUON STATE: WI ZIP: 53092 SC 13G/A 1 lasersightam1.txt 13G/A FOR LASERSIGHT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G/A Under the Securities Exchange Act of 1934 (Amendment No. 1*) LASERSIGHT INCORPORATED - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, Par Value $.001 - -------------------------------------------------------------------------------- (Title of Class of Securities) 517924106 - -------------------------------------------------------------------------------- (CUSIP Number) December 31, 2001 - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule 13G is filed: [ ] Rule 13d-1(b) [ x ] Rule 13d-1(c) [ ] Rule 13d-1(d) *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). CUSIP NO. 517924106 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. Of Above Persons (entities only): Michael A. Roth and Brian J. Stark (filing as joint filers pursuant to Rule 13d-1(k) - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization: United States - -------------------------------------------------------------------------------- Number of Shares Beneficially Owned by 5. Sole Voting Power 2,636,000* Each Reporting Person With: 6. Shared Voting Power 0 7. Sole Dispositive Power 2,636,000* 8. Shared Dispositive Power 0 - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person: 2,636,000* - -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions): Not Applicable - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9): 9.9%* - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions): IN - -------------------------------------------------------------------------------- * NorthBay Opportunities, L.P. (f/k/a BayStar Capital, L.P.) ("NorthBay"), a Delaware limited partnership, beneficially owns (i) 1,636,074 shares of Lasersight Incorporated (the "Issuer") common stock, par value $.001 (the "Common Stock"); (ii) warrants to purchase 400,000 shares of Common Stock (the "Warrants"); and (iii) 851,064 shares of Series F preferred stock of the issuer which is convertible into common stock on a share for share basis (the "Preferred Stock"). NorthBay International Opportunities Ltd. (f/k/a BayStar International, Ltd.) ("International"), a corporation organized as a limited company under the laws of the British Virgin Islands, beneficially owns (i) 813,977 shares of Common Stock; (ii) Warrants to purchase 200,000 shares of Common Stock; and (iii) 425,532 shares of Preferred Stock. Stark International ("Stark"), a Bermuda general partnership, beneficially owns Warrants to purchase 209,817 shares of Common Stock. Shepherd Investments International, Ltd. ("Shepherd"), a British Virgin Islands corporation, beneficially owns Warrants to purchase 209,817 shares of Common Stock. The Warrants and Preferred Stock held by each of NorthBay and International may only be exercised at such time as NorthBay, International, Stark, and Shepherd (together "the Entities"), in the aggregate, own less than 4.9% of the issued and outstanding Common Stock. The Warrants held by each of Stark and Shepherd may only be exercised at such time as the Entities, in the aggregate, own less than 9.9% of the issued and outstanding Common Stock (except for Warrants to purchase 35,000 shares of Common Stock held by Stark and Warrants to purchase 15,000 shares of Common Stock held by Shepherd which may be exercised immediately). Therefore, for the purposes of Rule 13d-3 under the Securities Exchange Act of 1934, Michael A. Roth and Brian J. Stark, in their capacity as the sole members of (i) NorthBay Partners, LLC, a Wisconsin limited liability company, which serves as both the managing member of (a) NorthBay Management, LLC, the general partner of NorthBay and (b) NorthBay International Management, LLC, the investment manager of International, and (ii) Staro Asset Management, L.L.C., a Wisconsin limited liability company, which serves as both the managing general partner of (a) Stark and (b) the investment manager of Shepherd, beneficially own and possesses sole voting and dispositive power over 2,636,000 shares of Common Stock which represents 9.9% of the Issuer's deemed issued and outstanding Common Stock. Item 1. (a) Name Of Issuer: Lasersight Incorporated (b) Address of Issuer's Principal Executive Offices: 3300 University Boulevard, Suite 140, Winter Park, Florida 32792 Item 2. (a) Name of Person Filing: Michael A. Roth and Brian J. Stark (b) Address of Principal Business Office or, if none, Residence: 1500 West Market Street, Suite 200, Stark Mequon, WI 53092 (c) Citizenship: United States (d) Title of Class of Securities: Common stock (e) CUSIP Number: 517924106 Item 3. If this statement is filed pursuant toss.ss.240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: Not Applicable Item 4. Ownership. (a) Amount beneficially owned (as of the date of this schedule): 2,636,000 (b) Percent of Class (as of the date of this schedule): 9.9% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 2,636,000 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 2,636,000 (iv) Shared power to dispose or to direct the disposition of: 0 Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following space _____. 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, we certify that, to the best of our 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 such securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURE After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. February 13, 2002 ------------------------------------------ Date /s/ Michael A. Roth ------------------------------------------ Michael A Roth /s/ Brian J. Stark ------------------------------------------ Brian J. Stark Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001) EXHIBIT 1 AGREEMENT AS TO JOINT FILING Dated: February 13, 2002 The undersigned hereby agree that the Schedule 13G with respect to Lasersight Incorporated, dated as of the date hereof, is filed on behalf of each of the undersigned jointly pursuant to Rule 13d-1(k). /s/ Michael A. Roth -------------------------------------------- Michael A Roth /s/ Brian J. Stark -------------------------------------------- Brian J. Stark -----END PRIVACY-ENHANCED MESSAGE-----