-----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, LDSjrN3rmviHU5qUcjlrJ57Gl2PxQcfw3PFckyUvn7VXS9zNDsRlglAN4X65lIjc Ye/A69BORV6vQbfWgcq5dw== 0000950134-04-009854.txt : 20040709 0000950134-04-009854.hdr.sgml : 20040709 20040709100711 ACCESSION NUMBER: 0000950134-04-009854 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20040709 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: VISEON INC CENTRAL INDEX KEY: 0000936130 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER COMMUNICATIONS EQUIPMENT [3576] IRS NUMBER: 411767211 STATE OF INCORPORATION: NV FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-48955 FILM NUMBER: 04907169 BUSINESS ADDRESS: STREET 1: 8445 FREEPORT PKWY STREET 2: STE 245 CITY: IRVING STATE: TX ZIP: 75063 BUSINESS PHONE: 9729066300 MAIL ADDRESS: STREET 1: 8445 FREEPORT PKWY STREET 2: STE 245 CITY: IRVING STATE: TX ZIP: 75063 FORMER COMPANY: FORMER CONFORMED NAME: RSI SYSTEMS INC/MN DATE OF NAME CHANGE: 19950620 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GORMAN JOHN JOSEPH CENTRAL INDEX KEY: 0001134999 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 2700 VIA FORTUNA STREET 2: STE 400 CITY: AUSTIN STATE: TX ZIP: 78746 BUSINESS PHONE: 5123068222 MAIL ADDRESS: STREET 1: 2700 VIA FORTUNA STREET 2: STE 400 CITY: AUSTIN STATE: TX ZIP: 78746 SC 13G 1 d16713sc13g.htm SCHEDULE 13G sc13g
 

UNITED STATES
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)

(Amendment No. )*

VISEON, INC.


(Name of Issuer)

Common Stock, par value $0.01 per share


(Title of Class of Securities)

928297 10 0


(Cusip Number)

March 16, 2004


(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

        o Rule 13d-1 (b)

        x Rule 13d-1 (c)

        o Rule 13d-1 (d)

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13G
CUSIP No. 928297 10 0 Page 2 of 5

  1. Name of Reporting Person:
Tejas Securities Group Inc. 401K Plan & Trust FBO John J. Gorman
I.R.S. Identification Nos. of above persons (entities only):

  2. Check the Appropriate Box if a Member of a Group:
    (a) o  
    (b) o  

  3. SEC Use Only:

  4. Citizenship or Place of Organization:
United States

Number of
Shares
Beneficially
Owned by
Each Reporting
Person With
5. Sole Voting Power:
2,000,000*

6. Shared Voting Power:
0

7. Sole Dispositive Power:
2,000,000*

8.Shared Dispositive Power:
0

  9.Aggregate Amount Beneficially Owned by Each Reporting Person:
2,000,000*

  10.Check if the Aggregate Amount in Row (9) Excludes Certain Shares:
o

  11.Percent of Class Represented by Amount in Row (9):
7.6%**

  12.Type of Reporting Person:
IN

      *  See Item 4(a).

      **See Item 4(b)

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     This Schedule 13G relating to the common stock of Viseon, Inc., a Nevada corporation (the “Issuer”), is being filed with the Securities and Exchange Commission (the “Commission”) in connection with a private placement transaction that occurred on March 16, 2004, as more particularly described in Item 4(a).

     
Item 1(a).
  Name of Issuer.
  Viseon, Inc.
 
   
Item 1(b).
  Address of Issuer’s Principal Executive Offices.
  8445 Freeport Parkway, Suite 245
  Irving, Texas 75063
 
   
Item 2(a).
  Name of Person Filing.
  Tejas Securities Group Inc. 401K Plan & Trust FBO John J. Gorman
 
   
Item 2(b).
  Address of Principal Business Office, or, if none, Residence.
  2700 Via Fortuna, Suite 400
  Austin, Texas 78746
 
   
Item 2(c).
  Citizenship or Place of Organization.
  United States
 
   
Item 2(d).
  Title of Class of Securities.
  Common Stock, par value $0.01 per share (the “Common Stock”).
 
   
Item 2(e).
  CUSIP Number.
  928297 10 0
 
   
Item 3.
  If this statement is filed pursuant to Sections 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: On March 16, 2004, Mr. Gorman acquired beneficial ownership of 2,000,000 shares of Common Stock from the Issuer in a private placement transaction. Pursuant to this transaction, Mr. Gorman acquired for $1,000,000 40 shares of the Issuer’s Series A Convertible Preferred Stock, which is currently convertible into 1,000,000 shares of Common Stock, and Series A-1 Warrants and Series A-2 Warrants which are currently exercisable for, in the aggregate, 1,000,000 shares of Common Stock. The terms of the Issuer’s Series A Convertible Preferred Stock, Series A-1 Warrants and Series A-2 Warrants are described in the Issuer’s Amendment No. 1 to Form SB-2/A (Reg. No. 333-115221) filed with the SEC on June 7, 2004.
   
(b)
  PERCENT OF CLASS: 7.6%
  This percentage reflects Mr. Gorman’s beneficial ownership of 2,000,000 shares of Common Stock and assumes a total of 24,236,407 shares outstanding, based on the amount reported in the Issuer’s most recent Quarterly Report on Form 10-QSB for the quarterly period ended March 31, 2004.
   
(c)
  NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
  (i)      Sole power to vote or to direct the vote: 2,000,000
  (ii)     Shared power to vote or to direct the vote: 0

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  (iii)     Sole power to dispose or to direct the disposition of: 2,000,000
  (iv)     Shared power to dispose or to direct the disposition of: 0
     
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.
  Certifications.
  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.

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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: July 8, 2004
         
     
  /s/ John J. Gorman    
  John J. Gorman   
     
 

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