-----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, VbTRsoJdA4hhopt9gqktYrUEMRkzFT9HRpDTqiwou5JXaT0Ckf9KcaHx0PoGO2E1 Sqj8cYyw3macteSaCL0SzA== 0000884300-00-000024.txt : 20000203 0000884300-00-000024.hdr.sgml : 20000203 ACCESSION NUMBER: 0000884300-00-000024 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000202 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: QUANTECH LTD /MN/ CENTRAL INDEX KEY: 0000880354 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] IRS NUMBER: 411709417 STATE OF INCORPORATION: MN FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-43934 FILM NUMBER: 520221 BUSINESS ADDRESS: STREET 1: 1419 ENERGY PARK DRIVE CITY: ST PAUL STATE: MN ZIP: 55108 MAIL ADDRESS: STREET 1: 1419 ENERGY PARK DRIVE CITY: ST PAUL STATE: MN ZIP: 55108 FORMER COMPANY: FORMER CONFORMED NAME: SPECTRUM DIAGNOSTICS SPA DATE OF NAME CHANGE: 19930328 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PERKINS CAPITAL MANAGEMENT INC ET AL CENTRAL INDEX KEY: 0000884300 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 411501962 STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 730 EAST LAKE STREET CITY: WAYZATA STATE: MN ZIP: 55391-1769 BUSINESS PHONE: 6124738367 MAIL ADDRESS: STREET 1: 730 EAST LAKE STREET CITY: WAYZATA STATE: MN ZIP: 55391 SC 13G 1 QQQQ13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No.__1__)* Quantech, LTD - ----------------------------------------------------------------------------- (Name of Issuer) Common Stock - ----------------------------------------------------------------------------- (Title of Class of Securities) 74762K-10-8 - ----------------------------------------------------------------------------- (CUSIP Number) December 31, 1999 - ----------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this schedule is filed: /X/ Rule 13d-1(b) / / 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). Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1745 (2/92) Page 1 of 5 pages CUSIP No. 74762K-10-8 13G Page 2 of 5 pages 1 NAME OF REPORTING PERSON S.S. OR IRS IDENTIFICATION NO. OF ABOVE PERSON Perkins Capital Management, Inc. IRS ID No.: 41-1501962 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /_/ (b) /_/ 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION 730 East Lake Street, Wayzata, MN 55391-1769 5 SOLE VOTING POWER NUMBER OF 550,000 6 SHARED VOTING POWER SHARES 0 BENEFICIALLY OWNED BY 7 SOLE DISPOSITIVE POWER 1,410,628 EACH REPORTING PERSON 8 SHARED DISPOSITIVE POWER 0 WITH 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,410,628 (includes 453,628 Convertible Preferred Series A and 865,000 Convertible Preferred Series B) 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* /_/ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 12.4% 12 TYPE OF REPORTING PERSON* IA SEC 1745 (2/92) Page 2 of 5 pages CUSIP No. 74762K-10-8 13G Page 3 of 5 pages ITEM 1. (a) Name of Issuer Quantech, LTD (b) Address of Issuer's Principal Executive Offices 1419 Energy Park Drive, St Paul, Minnesota 55108 ITEM 2. (a) Name of Person Filing Perkins Capital Management, Inc. (b) Address of Principal Business Office or, if none, Residence 730 East Lake Street, Wayzata, MN 55391-1769 (c) Citizenship A Minnesota Corporation (d) Title of Class of Securities Common (e) CUSIP Number 74762K-10-8 ITEM 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is a: (a) /_/ Broker or a Dealer registered under Section 15 of the Act (15 U.S.C. 78o). (b) /_/ Bank as defined in section 3(s)(6) of the Act (15 U.S.C. 78c). (c) /_/ Insurance Company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) /_/ Investment Company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) /X/ An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E). (f) /_/ An employee benefit plan or endowment fund in accordance with 240.13d(b)(1)(ii)(F). (g) /_/ A parent holding companyor control person in accordance with 240.13d-1(b)(ii)(G) SEC 1745 (2/92) Page 3 of 5 pages CUSIP No. 682676-10-1 13G Page 4 of 5 pages (h) /_/ A savings association as defined in Section 3(b) or the Federal Deposit Insurance Act (12 U.S.C. 1813). (i) /_/ A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3). (j) /_/ A group, in accordance with 240.13d-1(b)(1)(ii)(J). ITEM 4. OWNERSHIP If the percent of the class owned, as of December 31 of the year covered by the statement, or as of the last day of any month described in Rule 13d-1(b)(2), if applicable, exceeds five percent, provide the following information as of that date and identify those shares which there is a right to acquire. (a) Amount Beneficially Owned 1,410,628 (includes 453,628 Convertible Preferred Series A and 865,000 Convertible Preferred Series B) (b) Percent of Class 12.4% (c) Number of shares as to which such person has: (i) Sole Power to vote or to direct the vote: 550,000 (ii) Shared Power to vote or to direct the vote: 0 (iii) Sole Power to dispose or to direct the disposition of: 1,410,628 (includes 453,628 Convertible Preferred Series A and 865,000 Convertible Preferred Series B) (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 /_/. 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. SEC 1745 (2/92) Page 4 of 5 pages CUSIP No. 74762K-10-8 13G Page 5 of 5 pages ITEM 10. CERTIFICATION By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purposes 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. January 31, 2000 --------------------------------------------- (Date) By /s/ Richard C. Perkins --------------------------------------------- (Signature) Richard C. Perkins/VP and Portfolio Manager ---------------------------------------------- (Name/Title) SEC 1745 (2/92) Page 5 of 5 pages -----END PRIVACY-ENHANCED MESSAGE-----