-----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, FQx07ix0uEf9ww0wPL6foGd2eF9T5PRXE5aDOIbmFyZrVeU4xP6pk3go3MKAbStF GiTbt7WgIy3EmpJhyTgLmA== 0000897069-00-000070.txt : 20000215 0000897069-00-000070.hdr.sgml : 20000215 ACCESSION NUMBER: 0000897069-00-000070 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20000214 GROUP MEMBERS: DAVID W. TICE & ASSOCIATES, INC. GROUP MEMBERS: PRUDENT BEAR FUNDS INC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: LS CAPITAL CORP CENTRAL INDEX KEY: 0000897545 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990] IRS NUMBER: 841219819 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-47093 FILM NUMBER: 539647 BUSINESS ADDRESS: STREET 1: RIVERCOURT STREET 2: 17-19 SIR JOHN ROGERSONS QUAY CITY: DUBLIN IRELAND STATE: L2 BUSINESS PHONE: 35316790222 MAIL ADDRESS: STREET 1: RIVERCOURT STREET 2: 17-19 SIR JOHN ROGERSONS QUAY CITY: DUBLIN IRELAND STATE: L2 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PRUDENT BEAR FUNDS INC CENTRAL INDEX KEY: 0001002903 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] STATE OF INCORPORATION: MD FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 615 EAST MICHIGAN STREET STREET 2: STE 405 CITY: MILWAUKEE STATE: WI ZIP: 53202 BUSINESS PHONE: 4142873315 MAIL ADDRESS: STREET 1: 8140 WALNUT HILL LANE STREET 2: SUITE 405 CITY: DALLAS STATE: TX ZIP: 75231 SC 13G/A 1 SCHEDULE 13G AMENDMENT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1)* LS CAPITAL CORPORATION - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $.01 par value - -------------------------------------------------------------------------------- (Title of Class of Securities) 501936108 ---------------------------------------------- (CUSIP Number) December 31, 1999 - -------------------------------------------------------------------------------- (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) * 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). (Continued on following page(s)) Page 1 of 6 Pages - ----------------------------------------------------- CUSIP No. 501936108 - ----------------------------------------------------- ====== ========================================================================= 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) David W. Tice & Associates, Inc. - 75-2476962 ====== ========================================================================= 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [ ] (b) [ ] Not Applicable ====== ========================================================================= 3 SEC USE ONLY ====== ========================================================================= 4 CITIZENSHIP OR PLACE OF ORGANIZATION Texas ======================= ====== ================================================= NUMBER OF 5 SOLE VOTING POWER SHARES -0- ====== ================================================= BENEFICIALLY 6 SHARED VOTING POWER OWNED BY -0- ====== ================================================= EACH 7 SOLE DISPOSITIVE POWER REPORTING 1,720,000 ====== ================================================= PERSON 8 SHARED DISPOSITIVE POWER WITH -0- ======================= ====== ================================================= 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,720,000(1) ====== ========================================================================= 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) Not Applicable ====== ========================================================================= 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.0%(1) ====== ========================================================================= 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IA ====== ========================================================================= (1) Represents 300,000 shares of common stock issuable upon exercise of warrants and 1,420,000 shares of common stock (with the percent ownership calculated based upon an aggregate of 28,358,000 shares outstanding as of September 30, 1999, and assuming exercise of the warrants owned by the reporting person. Page 2 of 6 Pages - ----------------------------------------------------- CUSIP No. 501936108 - ----------------------------------------------------- ====== ========================================================================= 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Prudent Bear Funds, Inc. - 39-1837741 ====== ========================================================================= 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [ ] (b) [ ] Not Applicable ====== ========================================================================= 3 SEC USE ONLY ====== ========================================================================= 4 CITIZENSHIP OR PLACE OF ORGANIZATION Maryland ======================= ====== ================================================= NUMBER OF 5 SOLE VOTING POWER SHARES 1,720,000 ====== ================================================= BENEFICIALLY 6 SHARED VOTING POWER OWNED BY -0- ====== ================================================= EACH 7 SOLE DISPOSITIVE POWER REPORTING -0- ====== ================================================= PERSON 8 SHARED DISPOSITIVE POWER WITH -0- ======================= ====== ================================================= 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,720,000 ====== ========================================================================= 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) Not Applicable ====== ========================================================================= 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.0%(1) ====== ========================================================================= 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IV ====== ========================================================================= (1) Represents 300,000 shares of common stock issuable upon exercise of warrants and 1,420,000 shares of common stock (with the percent ownership calculated based upon an aggregate of 28,358,000 shares outstanding as of September 30, 1999, and assuming exercise of the warrants owned by the reporting person. Page 3 of 6 Pages - ----------------------------------------------------- CUSIP No. 501936108 - ----------------------------------------------------- This Amendment No. 1 to the undersigned's Schedule 13G, which was originally filed on March 4, 1999 (the "Schedule 13G") with regard to LS Capital Corporation (the "Issuer") is being filed to amend Items 4 of the Schedule 13G. Except as expressly stated herein, there have been no material changes in the information set forth in the Schedule 13G. Item 4. Ownership David W. Tice & Associates, Inc. (a) Amount Beneficially Owned: 1,720,000* (b) Percent of Class: 6.0% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: -0- (ii) shared power to vote or to direct the vote: -0- (iii) sole power to dispose or to direct the disposition of: 1,720,000 (iv) shared power to dispose or to direct the disposition of: -0- Prudent Bear Funds, Inc. (a) Amount Beneficially Owned: 1,720,000* (b) Percent of Class: 6.0% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 1,720,000 (ii) shared power to vote or to direct the vote: -0- (iii) sole power to dispose or to direct the disposition of: -0- (iv) shared power to dispose or to direct the disposition of: -0- - --------------------------- * David W. Tice & Associates, Inc. and Prudent Bear Funds, Inc. share beneficial ownership over the same 1,720,000 shares. Page 4 of 6 Pages - ----------------------------------------------------- CUSIP No. 501936108 - ----------------------------------------------------- Exhibits. 1. Agreement to file Schedule 13G jointly. 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. February 11, 2000 - --------------------------------- Date DAVID W. TICE & ASSOCIATES, INC. By: /s/ David W. Tice ----------------------------- David W. Tice, President PRUDENT BEAR FUNDS, INC. By: /s/ David W. Tice ----------------------------- David W. Tice, President Page 5 of 6 Pages EX-99.1 2 AGREEMENT TO FILE SCHEDULE 13G JOINTLY - ----------------------------------------------------- CUSIP No. 501936108 - ----------------------------------------------------- EXHIBIT 1 AGREEMENT dated as of February 11, 2000, by and among David W. Tice & Associates, Inc., a Texas corporation, and Prudent Bear Funds, Inc., a Maryland corporation. WHEREAS, in accordance with Rule 13d-1(k) of the Securities Exchange Act of 1934 (the "Act"), only one such statement need be filed whenever two or more persons are required to file a statement pursuant to Section 13(d) of the Act with respect to the same securities, provided that said persons agree in writing that such statement is filed on behalf of each of them. NOW, THEREFORE, in consideration of the premises and mutual agreements herein contained, the parties hereto agree as follows: Both David W. Tice & Associates, Inc. and Prudent Bear Funds, Inc. hereby agree, in accordance with Rule 13d-1(k) under the Act, to file one Statement on Schedule 13G relating to their ownership of the Common Stock of LS Capital Corporation, and hereby further agree that said Statement shall be filed on behalf of both David W. Tice & Associates, Inc. and Prudent Bear Funds, Inc. Nothing herein shall be deemed to be an admission that the parties hereto, or any of them, are members of a "group" (within the meaning of Section 13(d) of the Act and the rules promulgated thereunder) with respect to any securities of LS Capital Corporation. IN WITNESS WHEREOF, the parties have executed this agreement as of the date first written above. DAVID W. TICE & ASSOCIATES, INC. By: /s/ David W. Tice ---------------------------------- David W. Tice, President PRUDENT BEAR FUNDS, INC. By: s/s David W. Tice ---------------------------------- David W. Tice, President Page 6 of 6 Pages -----END PRIVACY-ENHANCED MESSAGE-----