kdus_sc13da.htm

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment 1 FINAL FILING)

CADUS CORPORATION

(Name of Issuer)

Common Stock, no par value

(Title of Class of Securities)

127639102

(CUSIP Number)

Don C. Whitaker

3 Palmbrook Lane

Henderson, NV

702-616-3569

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

June 9th, 2014

(Date of Event which Requires Filling of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1 (f) or 240.13d-1(g), check the following box. o

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7 for other parties to whom copies are to be sent.

· 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).

SCHEDULE 13D

CUSIP No. 127639102

1.	Names of Reporting Persons.
	Don C. Whitaker
	I.R.S. Identification No.

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

3.	SEC USE ONLY

4.	Source of Funds*
	RF

5.	Check if Disclosure of Legal Proceedings Is Required Pursuant to items 2(d) or 2(e) o

6.	Citizenship or Place of Organization
	USA

Number of Shares Beneficially Owned by Each Reporting Person With	7.	Sole Voting Power
		1,077,000

	8.	Shared Voting Power
		None

	9.	Sole Dispositive Power
		1,077,000

	10.	Shared Dispositive Power
		None

11.	Aggregate Amount Beneficially Owned by Each Reporting Person
	1,077,000

12.	Check if the Aggregate Amount Represented by Amount in Row (11) Excludes Certain Shares
	(See Instructions) o

13.	Percent of Class Represented by Amount in Row (11)
	4.09%

14.	Type of Reporting Person
	IN

Item 1. Security and Issuer

Common Stock of CADUS CORPORATION

767 Fifth Avenue

New York, New York 10153

Item 2. Identify and Background

(a)	Name: Don C. Whitaker

(b)	Residence or business address: 3 Palmbrook Lane, Henderson NV 89052

(c)	Present Principal Occupation or Employment: Private Investor

(d)	Criminal Conviction: No

(e)	Court or Administrative Proceedings: No

(f)	Citizenship: USA

Item 3. Source and Amount of Funds or Other Consideration:

Retirement Funds of the individual involved. All transactions were open market transactions. Don C. Whitaker’s position of 1,077,000 shares.

Item 4. Purpose of Transaction

State the purpose or purposes of the acquisition of securities of the issuer. Describe any plans or proposals which the reporting persons may have which relate to or would result in:

On the previous 13-D filing of September 25, 2013, Don Whitaker mentioned that it was his hope that the largest owner of Cadus, Mr. Carl Icahn would ultimately find an acquisition that could effectively utilize the tax loss carry forwards that are on the books. Since then, Cadus has decided to go into the house acquisition field in Florida.

Not knowing anything about the actual area intended for purchase and chance of success in this endeavor, Mr. Whitaker declined to exercise the large amount of rights that he was entitled to subscribe for additional shares at 1.53 a share that expired on May 29, 2014. He was delighted that Mr. Icahn exercised all of his rights and oversubscribed to the maximum amount allowed making his position go from about 40% to about 67.8% of Cadus. This was done even when Cadus was selling below the offering price.

In Mr. Whitakers previous SEC Filing, he owned 9.09% of Cadus. With the successful completion of the above mentioned rights offering, the outstanding shares of Cadus changed from 13,144,040 to 26,288,080. As a result of the rights offering and purchases and sales by Mr. Whitaker, his ownership position is now 4.09% which required an amendment and final filing.

Mr. Whitaker may choose to buy or sell shares in the future based on the price of Cadus shares, general economic conditions, and/or results of the new business strategy.

(a) The acquisition by any person of additional securities of the issuer, or the disposition of securities of the issuer;

Not at the present time.

(b) An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the issuer or any of its subsidiaries;

Other than mentioned in “Purpose of Transaction”.

(d) Any change in the present board of directors or management of the issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board;

Not at the present time

(e) Any material change in the present capitalization or dividend policy of the issuer;

Other than mentioned in “Purpose of Transaction”.

(f) Any other material change in the issuer's business or corporate structure including but not limited to, if the issuer is a registered closed-end investment company, any plans or proposals to make any changes in its investment policy for which a vote is required by section 13 of the Investment Company Act of 1940;

(g) Changes in the issuer's charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the issuer by any person;

Not at the present time

(h) Causing a class of securities of the issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association;

Not at the present time

(i) A class of equity securities of the issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Act; or

See “H” above

(j) Any action similar to any of those enumerated above.

See “H” above

Item 5. Interest in Securities of the Issuer.

(a) Ownership of 4.09% of Common Stock of the Company.

Don C. Whitaker

1,077,000

4.09

(b) Don C. Whitaker has sole power to vote and dispose of his shares.

(ci) Transaction Date (last 60 days)	Shares Purchased (Sold)			Price per Share

6/10/14		(72,900	)		1.65
6/9/14		31,900			1.50
6/6/14		1,500			1.50
6/5/14		1,500			1.51
6/4/14		1,367			1.50
5/29/14		45,833			1.50
5/28/14		950			1.50
5/27/14		1,850			1.51
5/27/14		1,200			1.52
5/22/14		(14,000	)		1.52
5/22/14		(22,829	)		1.51
5/21/14		(7,111	)		1.51
5/20/14		(500	)		1.51
5/19/14		(300	)		1.51
5/16/14		(400	)		1.50
5/15/14		(2,000	)		1.50
5/14/14		2,411			1.47
5/13/14		4,000			1.49
5/13/14		7,900			1.47
5/12/14		(4,000	)		1.55
5/5/14		2,000			1.51
5/2/14		3,600			1.51
5/2/14		1,500			1.52
4/30/14		14,200			1.53
4/30/14		2,000			1.49
4/30/14		7,329			1.48
4/30/14		5,300			1.46
4/17/14		1,200			1.50
4/16/14		(1,200	)		1.56

(d) None

(e) N/A

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

None

Item 7. Material to be Filed as Exhibits.

None

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.

	Don C. Whitaker

Date: June 10, 2014	By:	/s/ Don C. Whitaker
		Don C. Whitaker
	Title:	Individual