-----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, D0cstPL46KYzURr5AYr0wOsJDYe0abC4zIeFs/cBSTmn7k+QuARIysQ7Qs/PVWTR txviZtqaOoHvqwzTw0YzEQ== 0001213206-03-000004.txt : 20030131 0001213206-03-000004.hdr.sgml : 20030131 20030131093857 ACCESSION NUMBER: 0001213206-03-000004 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20030131 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BITSTREAM INC CENTRAL INDEX KEY: 0000818813 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371] IRS NUMBER: 042744890 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-47395 FILM NUMBER: 03533266 BUSINESS ADDRESS: STREET 1: 215 FIRST ST CITY: CAMBRIDGE STATE: MA ZIP: 02142 BUSINESS PHONE: 6174976222 MAIL ADDRESS: STREET 1: 215 FIRST ST CITY: CAMBRIDGE STATE: MA ZIP: 02142 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MARATHON CAPITAL MANAGEMENT CENTRAL INDEX KEY: 0001213206 STATE OF INCORPORATION: MD FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: P.O. BOX 771 CITY: HUNT VALLEY STATE: MD ZIP: 21030 SC 13G 1 bits0301.txt SC 13G FOR BITSTREAM, INC. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. ) Bitstream, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 091736108 - -------------------------------------------------------------------------------- (CUSIP Number) December 31, 2002 - -------------------------------------------------------------------------------- (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) CUSIP NO. 091736108 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON SS OR IRS IDENTIFICATION NO. OF ABOVE PERSON Marathon Capital Management, LLC 212549109 - -------------------------------------------------------------------------------- 2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Maryland - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 110,000 NUMBER OF -------------------------------------------------------------- SHARES 6 SHARED VOTING POWER BENFICIALLY OWNED BY na EACH -------------------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON WITH 615,165 -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER na - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENFICIALLY OWNED BY EACH REPORTING PERSON 615,165 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 7.3% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON IA - -------------------------------------------------------------------------------- Item 1. a) Name of Issuer: Bitstream, Inc. b) Address: 215 First Street Cambridge, MA 02142-1270 Item 2. a) Name of Filer: Marathon Capital Management, LLC b) Address of Filer: PO Box 771 Hunt Valley, MD 21030 c) Citizenship: Maryland d) Title of Class of Securities: Common Stock e) CUSIP Number: 091736108 Item 3. 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 Dealer registered under Section 15 of the Act (b) |_| Bank as defined in section 3 (a) (6) of the Act (c) |_| Insurance Company as defined in section 3 (a) (6) of the Act (d) |_| Investment Company registered under section 8 of the Investment Company Act (e) |X| Investment Adviser registered under section 203 of the Investment Advisers act of 1940 (f) |_| Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund; see 240.13d-1 (b) (1) (ii) (F) (g) |_| Parent Holding Company, in accordance with 240.13d-1 (b) (ii) (G) (Note: See Item 7) (h) |_| Group, in accordance with 240.13d-1(b) (1) (ii) (H) Item 4. Ownership a) Amount beneficially owned: 615,165 b) Percent of Class: 7.3% c) Number of shares: (i) Sole voting power -- 110,000 (ii) Shared voting power -- na (iii) Sole disposal power -- 615,165 (iv) Shared disposal power - na Item 5. Less than 5% beneficial ownership 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. More than 5% on behalf of another na Item 7. Subsidiary na Item 8. If group na Item 9. Notice of Dissolution na 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. Date January 31, 2003 By: /s/ James G. Kennedy, President --------------------------------------- Name, Title -----END PRIVACY-ENHANCED MESSAGE-----