-----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, Vu9ejfks7zU803Vqeiq8ywKuqt7wH6O9c4R/+mluju2+dIpkPDx9plSE5JBiFxDl T8fn2Y4xcz1LxIJ9cfEDfg== 0001019439-02-000003.txt : 20020415 0001019439-02-000003.hdr.sgml : 20020415 ACCESSION NUMBER: 0001019439-02-000003 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20020322 GROUP MEMBERS: FRED KAYNE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PLC SYSTEMS INC CENTRAL INDEX KEY: 0000879682 STANDARD INDUSTRIAL CLASSIFICATION: ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845] IRS NUMBER: 043153858 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-42378 FILM NUMBER: 02581812 BUSINESS ADDRESS: STREET 1: 10 FORGE PK CITY: FRANKLIN STATE: MA ZIP: 02038 BUSINESS PHONE: 5085418800 MAIL ADDRESS: STREET 1: 10 FORGE PARK CITY: FRANKLIN STATE: MA ZIP: 02038 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KAYNE FRED CENTRAL INDEX KEY: 0000949806 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: FORTUNE FINANCIAL STREET 2: 1800 AVENUE OF THE STARS, SUITE 1112 CITY: LOS ANGELES STATE: CA ZIP: 90067 BUSINESS PHONE: 3105562721 MAIL ADDRESS: STREET 1: C/O FORTUNE FINANCIAL STREET 2: 1800 AVENUE OF THE STARS STE 310 CITY: LOS ANGELES STATE: CA ZIP: 90067 SC 13G 1 plc13g.txt PLC 13G SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b) (c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) PLC SYSTEMS INC. (Name of Issuer) Common Stock (Title of Class of Securities) 69341D 10 4 ------------ (CUSIP Number) March 4, 2002 (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) *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. 69341D 10 4 13G Page 2 of 6 - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) FRED KAYNE - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [x] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5. SOLE VOTING POWER 1,862,000 NUMBER OF -------------------------------------------------------- SHARES 6. SHARED VOTING POWER BENEFICIALLY 0 OWNED BY -------------------------------------------------------- EACH 7. SOLE DISPOSITIVE POWER REPORTING 1,862,000 PERSON -------------------------------------------------------- WITH 8. SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,862,000 - -------------------------------------------------------------------------------- 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% - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- CUSIP NO. 69341D 10 4 13G Page 3 of 6 - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) FF INDUSTRIES, INC., a Nevada corporation 88-0378962 - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [x] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Nevada, United States - -------------------------------------------------------------------------------- 5. SOLE VOTING POWER 550,000 NUMBER OF -------------------------------------------------------- SHARES 6. SHARED VOTING POWER BENEFICIALLY 0 OWNED BY -------------------------------------------------------- EACH 7. SOLE DISPOSITIVE POWER REPORTING 550,000 PERSON -------------------------------------------------------- WITH 8. SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 550,000 - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 1.9% - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- Cusip: 69341D 10 4 13G page 4 of 5 Item 1(a). Name of Issuer: PLC Systems, Inc. Item 1(b). Address of Issuer's Principal Executive Offices: 10 Forge Park, Franklin, MA 02038 Item 2(a). Name of Person Filing: Fred Kayne and FF Industries, of which Mr. Kayne is the sole stockholder Item 2(b). Address of Principal Business Office or if None, Residence: Mr. Kayne's principal business address is c/o Fortune Financial, 1800 Avenue of the Stars, Suite 310, Los Angeles CA 90067. FF Industries' address is P.O. Box 381, Glenbrook, NV 89413 with a copy to Mr. Kayne c/o Fortune Financial, 1800 Avenue of the Stars, Suite 310, Los Angeles CA 90067 Item 2(c). Citizenship: U.S.A. Item 2(d). Title of Class of Securities: Common Stock Item 2(e). CUSIP Number: 69341D 10 4 Item 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b) OR 13d-2(b) or (c), CHECK WHETHER THE PERSON FILING IS A: Not Applicable, this statement is filed pursuant to 13d-1(c) Item 4. OWNERSHIP: See Item 5 below. FRED KAYNE: (a) Amount beneficially owned: 1,862,000. (b) Percent of class: 6.3% (c) Number of share as to which person has: (i) sole voting power: 1,862,000 (ii) shared voting power: 0 (iii) sole dispositive power: 1,862,000 (iv) shared dispositive power: 0 FF INDUSTRIES, INC., of which Mr. Kayne is the sole stockholder: (a) Amount beneficially owned: 550,000 (b) Percent of class: 1.9% (c) Number of share as to which person has: (i) sole voting power: 550,000 (ii) shared voting power: 0 (iii) sole dispositive power: 550,000 (iv) shared dispositive power: 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 []. CUSIP NO. 69341D 10 4 13G Page 5 of 5 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: See Exhibit A 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 having 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. Dated: March 21, 2002 /s/ FRED KAYNE ----------------------------- FRED KAYNE Exhibit A Fred Kayne FF Industries, Inc. 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