-----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, FFLxdIsPkETWJMQUZfm67ZjBaHXUJC1Bvnoa1iowmVphPd2wZRchc1SfG9UU7h+m kwSsHHwMBnxRwfKe+WjNoQ== 0000947871-99-000534.txt : 19991130 0000947871-99-000534.hdr.sgml : 19991130 ACCESSION NUMBER: 0000947871-99-000534 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19991129 GROUP MEMBERS: PAUL TUDOR JONES, II GROUP MEMBERS: THE ALTAR ROCK FUND L.P. GROUP MEMBERS: THE RAPTOR GLOBAL PORTFOLIO LTD. GROUP MEMBERS: THE UPPER MILL CAPITAL APPRECIATION FUND LTD. GROUP MEMBERS: TUDOR INVESTMENT CORP ET AL GROUP MEMBERS: TUDOR INVESTMENT CORPORATION GROUP MEMBERS: TUDOR PROPRIETARY TRADING, L.L.C. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FOCUS ENHANCEMENTS INC CENTRAL INDEX KEY: 0000884719 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER COMMUNICATIONS EQUIPMENT [3576] IRS NUMBER: 043186320 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-52653 FILM NUMBER: 99765355 BUSINESS ADDRESS: STREET 1: 600 RESEARCH DRIVE CITY: WILMINGTON STATE: MA ZIP: 10887 BUSINESS PHONE: 6179388088 MAIL ADDRESS: STREET 1: 142 NORTH ROAD CITY: SUDBURY STATE: MA ZIP: 01776 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: TUDOR INVESTMENT CORP ET AL CENTRAL INDEX KEY: 0000923093 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: ONE LIBERTY PLAZA STREET 2: 51ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10006 MAIL ADDRESS: STREET 1: ONE LIBERTY PLAZA STREET 2: 51ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10006 SC 13G 1 SCHEDULE 13G SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. )* Focus Enhancements, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $.001 - -------------------------------------------------------------------------------- (Title of Class of Securities) 344159108 - -------------------------------------------------------------------------------- (CUSIP Number) 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 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. 344159108 - -------------------------------------------------------------------------------- 1) Names of Reporting Person S.S. or I.R.S. Identification No. of Above Person Tudor Investment Corporation 22-2514825 - -------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) X - -------------------------------------------------------------------------------- 3) SEC Use Only - -------------------------------------------------------------------------------- 4) Citizenship or Place of Organization Delaware - -------------------------------------------------------------------------------- (5) Sole Voting Power 0 Number of Shares ----------------------------------------------------------- Beneficially (6) Shared Voting Power 1,764,800 Owned by Each ----------------------------------------------------------- Reporting Person (7) Sole Dispositive Power 0 With ----------------------------------------------------------- (8) Shared Dispositive Power 1,764,800 - -------------------------------------------------------------------------------- 9) Aggregate Amount Beneficially Owned by Each Reporting Person 1,764,800 - -------------------------------------------------------------------------------- 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) - -------------------------------------------------------------------------------- 11) Percent of Class Represented by Amount in Row 9 7.9% - -------------------------------------------------------------------------------- 12) Type of Reporting Person (See Instructions) CO - -------------------------------------------------------------------------------- Page 2 CUSIP No. 344159108 - -------------------------------------------------------------------------------- 1) Names of Reporting Person S.S. or I.R.S. Identification No. of Above Person Paul Tudor Jones, II - -------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) X - -------------------------------------------------------------------------------- 3) SEC Use Only - -------------------------------------------------------------------------------- 4) Citizenship or Place of Organization USA - -------------------------------------------------------------------------------- (5) Sole Voting Power 0 Number of Shares ----------------------------------------------------------- Beneficially (6) Shared Voting Power 2,184,300 Owned by Each ----------------------------------------------------------- Reporting Person (7) Sole Dispositive Power 0 With ----------------------------------------------------------- (8) Shared Dispositive Power 2,184,300 - -------------------------------------------------------------------------------- 9) Aggregate Amount Beneficially Owned by Each Reporting Person 2,184,300 - -------------------------------------------------------------------------------- 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) - -------------------------------------------------------------------------------- 11) Percent of Class Represented by Amount in Row 9 9.8% - -------------------------------------------------------------------------------- 12) Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- Page 3 CUSIP No. 344159108 - -------------------------------------------------------------------------------- 1) Names of Reporting Person S.S. or I.R.S. Identification No. of Above Person Tudor Proprietary Trading, L.L.C. 13-3720063 - -------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) X - -------------------------------------------------------------------------------- 3) SEC Use Only - -------------------------------------------------------------------------------- 4) Citizenship or Place of Organization Delaware - -------------------------------------------------------------------------------- (5) Sole Voting Power 0 Number of Shares ----------------------------------------------------------- Beneficially (6) Shared Voting Power 419,500 Owned by Each ----------------------------------------------------------- Reporting Person (7) Sole Dispositive Power 0 With ----------------------------------------------------------- (8) Shared Dispositive Power 419,500 - -------------------------------------------------------------------------------- 9) Aggregate Amount Beneficially Owned by Each Reporting Person 419,500 - -------------------------------------------------------------------------------- 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) - -------------------------------------------------------------------------------- 11) Percent of Class Represented by Amount in Row 9 1.9% - -------------------------------------------------------------------------------- 12) Type of Reporting Person (See Instructions) OO - -------------------------------------------------------------------------------- Page 4 CUSIP No. 344159108 - -------------------------------------------------------------------------------- 1) Names of Reporting Person S.S. or I.R.S. Identification No. of Above Person The Altar Rock Fund L.P. 06-1558414 - -------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) X - -------------------------------------------------------------------------------- 3) SEC Use Only - -------------------------------------------------------------------------------- 4) Citizenship or Place of Organization Delaware - -------------------------------------------------------------------------------- (5) Sole Voting Power 0 Number of Shares ----------------------------------------------------------- Beneficially (6) Shared Voting Power 3,850 Owned by Each ----------------------------------------------------------- Reporting Person (7) Sole Dispositive Power 0 With ----------------------------------------------------------- (8) Shared Dispositive Power 3,850 - -------------------------------------------------------------------------------- 9) Aggregate Amount Beneficially Owned by Each Reporting Person 3,850 - -------------------------------------------------------------------------------- 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) - -------------------------------------------------------------------------------- 11) Percent of Class Represented by Amount in Row 9 0.0% - -------------------------------------------------------------------------------- 12) Type of Reporting Person (See Instructions) PN - -------------------------------------------------------------------------------- Page 5 CUSIP No. 344159108 - -------------------------------------------------------------------------------- 1) Names of Reporting Person S.S. or I.R.S. Identification No. of Above Person The Raptor Global Portfolio Ltd. 98-0211544 - -------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) X - -------------------------------------------------------------------------------- 3) SEC Use Only - -------------------------------------------------------------------------------- 4) Citizenship or Place of Organization Cayman Islands - -------------------------------------------------------------------------------- (5) Sole Voting Power 0 Number of Shares ----------------------------------------------------------- Beneficially (6) Shared Voting Power 958,650 Owned by Each ----------------------------------------------------------- Reporting Person (7) Sole Dispositive Power 0 With ----------------------------------------------------------- (8) Shared Dispositive Power 958,650 - -------------------------------------------------------------------------------- 9) Aggregate Amount Beneficially Owned by Each Reporting Person 958,650 - -------------------------------------------------------------------------------- 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) - -------------------------------------------------------------------------------- 11) Percent of Class Represented by Amount in Row 9 4.3% - -------------------------------------------------------------------------------- 12) Type of Reporting Person (See Instructions) CO - -------------------------------------------------------------------------------- Page 6 CUSIP No. 344159108 - -------------------------------------------------------------------------------- 1) Names of Reporting Person S.S. or I.R.S. Identification No. of Above Person The Upper Mill Capital Appreciation Fund Ltd. - -------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) X - -------------------------------------------------------------------------------- 3) SEC Use Only - -------------------------------------------------------------------------------- 4) Citizenship or Place of Organization Cayman Islands - -------------------------------------------------------------------------------- (5) Sole Voting Power 0 Number of Shares ----------------------------------------------------------- Beneficially (6) Shared Voting Power 802,300 Owned by Each ----------------------------------------------------------- Reporting Person (7) Sole Dispositive Power 0 With ----------------------------------------------------------- (8) Shared Dispositive Power 802,300 - -------------------------------------------------------------------------------- 9) Aggregate Amount Beneficially Owned by Each Reporting Person 802,300 - -------------------------------------------------------------------------------- 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) - -------------------------------------------------------------------------------- 11) Percent of Class Represented by Amount in Row 9 3.6% - -------------------------------------------------------------------------------- 12) Type of Reporting Person (See Instructions) CO - -------------------------------------------------------------------------------- Page 7 Item 1(a). Name of Issuer: Focus Enhancements, Inc. Item 1(b). Address of Issuer's Principal Executive Offices: 600 Research Drive Wilmington, MA 10887 Item 2(a). Name of Person Filing: Tudor Investment Corporation ("TIC") Paul Tudor Jones, II Tudor Proprietary Trading, L.L.C. ("TPT") The Altar Rock Fund L.P. ("Altar Rock") The Raptor Global Portfolio Ltd. ("Raptor Portfolio") The Upper Mill Capital Appreciation Fund Ltd. ("Upper Mill") Item 2(b). Address of Principal Business Office or, if none, Residence: The principal business office of each of TIC, TPT and Altar Rock is: 600 Steamboat Road Greenwich, CT 06830 The principal business office of Mr. Jones is: c/o Tudor Investment Corporation 600 Steamboat Road Greenwich, CT 06830 The principal business office of each of Raptor Portfolio and Upper Mill is: c/o CITCO Kaya Flamboyan 9 Curacao, Netherland Antilles Item 2(c). Citizenship: TIC is a Delaware corporation Mr. Jones is a citizen of the United States Altar Rock is a Delaware limited partnership TPT is a Delaware limited liability company Raptor Portfolio and Upper Mill are companies organized under the laws of the Cayman Islands Item 2(d). Title of Class of Securities: Common Stock Item 2(e). CUSIP Number: 344159108 Page 8 Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b), check whether the person filing is a: (a) [ ] Broker or Dealer registered under section 15 of the Act (b) [ ] Bank as defined in section 3(a)(6) of the Act (c) [ ] Insurance Company as defined in section 3(a)(19) of the Act (d) [ ] Investment Company registered under section 8 of the Investment Company Act (e) [ ] Investment Adviser registered under section 203 of the Investment Advisers Act of 1940 (f) [ ] Employment Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund; see section 240.13d-1(b)(1)(ii)(F) (g) [ ] Parent Holding Company, in accordance with section 240.13d-1(b)(1)(ii)(G) (Note: See Item 7) (h) [ ] Group, in accordance with section 240.13d-1(b)(1)(ii)(H) Item 4. Ownership (As of November 26, 1999). (a) Amount Beneficially Owned: See Item 9 of cover pages (b) Percent of Class: See Item 11 of cover pages (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote See Item 5 of cover pages (ii) shared power to vote or to direct the vote See Item 6 of cover pages (iii)sole power to dispose or to direct the disposition of See Item 7 of cover pages (iv) shared power to dispose or to direct the disposition of See Item 8 of cover pages The shares of Common Stock reported herein as beneficially owned are owned directly by TPT (419,500 shares), Altar Rock (3,500 shares and 350 warrants immediately exercisable into common stock), Raptor Portfolio (871,500 shares and 87,150 warrants immediately exercisable into common stock) and Upper Mill (802,300 shares). Because TIC is the sole general partner of Altar Rock and provides investment advisory services to Raptor Portfolio and Upper Mill, TIC may be deemed to beneficially own the shares of Common Stock owned by each of such Reporting Persons. TIC expressly disclaims such beneficial ownership. In addition, because Mr. Jones is the controlling shareholder of TIC and the indirect controlling equity holder of TPT, Mr. Jones may be deemed to beneficially own the shares of Common Stock deemed beneficially owned by TIC and TPT. Mr. Jones expressly disclaims such beneficial ownership. 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. See cover pages Item 9. Notice of Dissolution of Group. Not applicable Page 9 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. 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: November 29, 1999 TUDOR INVESTMENT CORPORATION By: /s/ Andrew S. Paul ----------------------------------------------------- Andrew S. Paul Managing Director and General Counsel /s/ Paul Tudor Jones, II ------------------------------------------------------------ Paul Tudor Jones, II TUDOR PROPRIETARY TRADING, L.L.C. By: /s/ Andrew S. Paul ----------------------------------------------------- Andrew S. Paul Managing Director and General Counsel THE ALTAR ROCK FUND L.P. By: Tudor Investment Corporation, General Partner By: /s/ Andrew S. Paul ------------------------------------------------- Andrew S. Paul Managing Director and General Counsel THE RAPTOR GLOBAL PORTFOLIO LTD. By: Tudor Investment Corporation, Investment Advisor By: /s/ Andrew S. Paul ------------------------------------------------- Andrew S. Paul Managing Director and General Counsel Page 10 THE UPPER MILL CAPITAL APPRECIATION FUND LTD. By: Tudor Investment Corporation, Sub-Investment Manager By: /s/ Andrew S. Paul ------------------------------------------ Andrew S. Paul Managing Director and General Counsel Page 11 -----END PRIVACY-ENHANCED MESSAGE-----