-----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, IzMOSX6nKTxF9luOFuNxwMM5j02+UEEe8Ux3aR7rJ5kOycSI5Mzk6Qm4/7q01bZT ve4pjA6jz9iT5WWvDBSGJA== 0000884300-98-000011.txt : 19980212 0000884300-98-000011.hdr.sgml : 19980212 ACCESSION NUMBER: 0000884300-98-000011 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980211 SROS: NONE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CHILDRENS BROADCASTING CORP CENTRAL INDEX KEY: 0000882160 STANDARD INDUSTRIAL CLASSIFICATION: RADIO BROADCASTING STATIONS [4832] IRS NUMBER: 411663712 STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-45343 FILM NUMBER: 98531812 BUSINESS ADDRESS: STREET 1: 724 1ST ST N STREET 2: 4TH FLOOR CITY: MINNEAPOLIS STATE: MN ZIP: 55401 BUSINESS PHONE: 6123383300 MAIL ADDRESS: STREET 1: 724 FIRST STREET NORTH STREET 2: FOURTH FLOOR CITY: MINNEAPOLIS STATE: MN ZIP: 55401 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PERKINS CAPITAL MANAGEMENT INC ET AL CENTRAL INDEX KEY: 0000884300 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 411501962 STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A 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 13D/A 1 AAHS13DA UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No.__1__)* Children's Broadcasting Corporation - ----------------------------------------------------------------------------- (Name of Issuer) Common Stock - ----------------------------------------------------------------------------- (Title of Class of Securities) 168755-20-5 ------------------------------ (CUSIP Number) Richard C. Perkins 730 East Lake Street, Wayzata, MN 55391 612-473-8367 - ---------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notice and Communications) December 31, 1997 ------------------------------------------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box /__/. *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 disclosure 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). SEC 1746 (12-91) Page 1 of 5 pages CUSIP No. 168755-20-5 Schedule 13D Page 2 of 5 pages 1 NAME OF REPORTING PERSON S.S. OR IRS IDENTIFICATION NO. OF ABOVE PERSON Perkins Capital Management, Inc. 41-1501962 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /_/ (b) /_/ 3 SEC USE ONLY 4 SOURCE OF FUNDS* OO 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e). /_/ 6 CITIZENSHIP OR PLACE OF ORGANIZATION 730 East Lake Street, Wayzzata, MN 55391-1769 7 SOLE VOTING POWER 70,286 NUMBER OF 8 SHARED VOTING POWER SHARES 0 BENEFICIALLY OWNED BY 9 SOLE DISPOSITIVE POWER 1,110,092 EACH REPORTING PERSON 10 SHARED DISPOSITIVE POWER 0 WITH 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,110,092 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* /_/ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 17.3% 14 TYPE OF REPORTING PERSON* IA SEC 1746 (12-91) Page 2 of 5 pages CUSIP No. 168755-20-5 SCHEDULE 13D Page 3 of 5 pages 1 NAME OF REPORTING PERSON SS OR IRS IDENTIFICATION NO OF ABOVE PERSON Richard W. Perkins ###-##-#### 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /_/ (b) /_/ 3 SEC USE ONLY 4 SOURCE OF FUNDS* AF 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) /_/ 6 CITIZENSHIP OR PLACE OF ORGANIZATION 730 East Lake Street, Wayzata, MN 55391 NUMBER OF SHARES 7 SOLE VOTING POWER 239,690 BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 0 EACH 9 SOLE DISPOSITIVE POWER 499,679 REPORTING 10 SHARED DISPOSITIVE POWER PERSON 0 WITH 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 499,679 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* /_/ 13 PERCENT OF CLASS REPRESENTAED BY AMOUNT IN ROW (11) 7.8% 14 TYPE OF REPORTIN PERSON* IN SEC 1746 (12-91) Page 3 of 5 CUSIP NO. 168755-20-5 SCHEDULE 13D Page 4 of 5 Item 1. Security and Issuer (a) Children's Broadcasting Corporation (b) 724 First Street North, Minneapolis, MN 55401 Item 2. Identity and Background (a) The names of the persons filing are Perkins Capital Management, Inc. and Richard W. Perkins. (b) The filing persons business address is 730 East Lake Street, Wayzata, MN 55391. (c) Perkins Capital Management, Inc., is a federally registered investment advisor. Richard W. Perkins is President of Perkins Capital Management, Inc. (d) No named person has ever been convicted in a criminal proceeding. (e) No named person has ever been a party to any civil proceeding as a result of which he was or is subject to a judgement, decree of final order enjoying future violations of, or prohibiting or mandating activities subject to, federal or state securites laws or finding any violation with respect to such laws. (f) The named persons are citizens of the United States. Item 3. Source and Amount of Funds or Other Consideration The event requiring the filing of this statement is the purchase of securites of the issuer with personal funds or investment funds. See item four, page two and page three of five on Schedule 13D. Item 4. Purpose of the Transaction Investment in securities of the issuer. Item 5. Interest in Securities of the Issuer Perkins Capital Management, Inc., an investment advisor, has sole dispositive power over 1,110,092 shares of common equivalents of the issuer and has sole voting power over 70,286 of such shares. Richard W. Perkins as trustee for various trusts, of which Mr. Perkins is sole trustee, owns, has sole dispositive power over 499,679 shares and sole voting power over 239,690 shares of common stock of the issuer SEC 1746 (12-91) Page 4 of 5 pages CUSIP No. 168755-20-5 SCHEDULE 13D Page 5 of 5 pages Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securites of the Issuer None. Item 7. Material to be Filed as Exhibits None. 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. February 11, 1998 By /s/ Bradley A. Erickson ---------------------------------------------- (Signature) Bradley A. Erickson / Vice President ---------------------------------------------- (Name/Title) This statement is being filed on behalf of the undersigned. /s/ Richard W. Perkins - --------------------------------- Richard W. Perkins\ /s/ Bradley A. Erickson - --------------------------------- Perkins Capital Management, Inc. By Bradley A. Erickson, VP SEC 1746 (12-91) Page 5 of 5 pages -----END PRIVACY-ENHANCED MESSAGE-----