SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* CVF LLC (Last) (First) (Middle) 222 NORTH LASALLE STREET, SUITE 2000 (Street) CHICAGO IL 60601 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 10/11/2002	3. Issuer Name and Ticker or Trading Symbol MEDIS TECHNOLOGIES LTD [ MDTL ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	1,903,732	D(1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Warrants exercisable for Common Stock	06/15/2000	12/31/2004	Common Stock	152,084	$16.42	D(1)
Warrants exercisable for Common Stock	04/24/2001	12/31/2004	Common Stock	62,500	$18	D(1)
Warrants exercisable for Common Stock	10/11/2002	12/31/2004	Common Stock	136,316	$4.92	D(1)

1. Name and Address of Reporting Person* CVF LLC (Last) (First) (Middle) 222 NORTH LASALLE STREET, SUITE 2000 (Street) CHICAGO IL 60601 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* GOODMAN RICHARD C (Last) (First) (Middle) 222 NORTH LASALLE STREET SUITE 2000 (Street) CHICAGO IL 60601 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) See footnote (1)

Explanation of Responses:

1. Richard C. Goodman is Executive Manager of CVF, LLC, which beneficially owns the shares and warrants described on this Form 3. Accordingly, Richard C. Goodman is deemed to indirectly beneficially own the shares and warrants described on this Form 3. Richard C. Goodman disclaims beneficial ownership of all of the shares and warrants described on this Form 3.

	/s/ Richard Goodman, individually and as Executive Manager of Longview Management Group, LLC	09/02/2003
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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