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* FRENKEL LEONID (Last) (First) (Middle) C/O TRIAGE CAPITAL LF GROUP, LLC 401 CITY AVENUE, SUITE 800 (Street) BALA CYNWYD PA 19004 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 03/14/2005	3. Issuer Name and Ticker or Trading Symbol VENDINGDATA CORP [ VNX ]
		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	422,553	I	Footnote(1)
Common Stock	25,500	D

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	03/24/2005	12/15/2007	Common Stock	300,000	$2.25	I	Footnote(1)
Warrants	03/24/2005	11/21/2008	Common Stock	50,000	$2.25	I	Footnote(1)
Warrants	03/24/2005	06/18/2008	Common Stock	50,000	$2.25	I	Footnote(1)
Warrants	03/24/2005	07/24/2008	Common Stock	50,000	$2.25	I	Footnote(1)
Convertible Notes	03/24/2005	02/15/2008	Common Stock	1,363,638	$1.65	I	Footnote(1)

1. Name and Address of Reporting Person* FRENKEL LEONID (Last) (First) (Middle) C/O TRIAGE CAPITAL LF GROUP, LLC 401 CITY AVENUE, SUITE 800 (Street) BALA CYNWYD PA 19004 (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* TRIAGE CAPITAL LF GROUP, LLC (Last) (First) (Middle) 401 CITY AVENUE, SUITE 800 (Street) BALA CYNWYD PA 19004 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. Leonid Frenkel ("Mr. Frenkel") is the managing member of Triage Captial LF Group, LLC, a Delaware limited liability company (together with Mr. Frenkel, the "Reporting Persons") that acts as the general partner to the general partner of both Triage Capital Management L.P. and Triage Capital Management B, L.P., and as the general partner to the investment manager of Triage Offshore Fund, Ltd, all of which are private investment funds in whose accounts portions of the reported securities are held. Mr. Frenkel also acts as the general partner of Periscope Partners L.P., a private investment fund in whose account a portion of the reported securities are held. The Reporting Persons disclaim beneficial ownership of the securities reported herein except to the extent of their pecuniary interest therein. This filing shall not be deemed an admission for Section 16 or otherwise, that the Reporting Persons are the beneficial owner of any of the securities covered by this filing.

	/s/ Leonid Frenkel	03/24/2005
	Triage Capital LF Group, LLC By: /s/ Leonid Frenkel	03/24/2005
	** 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).
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