-----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, G1L4xsSnolvn1NeIZ2RKWItsb8Ao5IuzKLnADjJJKLsiOPMntjORnUwYb7MXSQrp 9Ub5TWkyMWsmBmEGLxoe6A== 0000912057-01-524391.txt : 20010720 0000912057-01-524391.hdr.sgml : 20010720 ACCESSION NUMBER: 0000912057-01-524391 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010719 GROUP MEMBERS: CRANSHIRE CAPITAL, L.P. GROUP MEMBERS: DOWNSVIEW CAPITAL, INC. GROUP MEMBERS: KOPIN MITCHELL P GROUP MEMBERS: PROTIUS OVERSEAS LIMITED SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: VISUAL DATA CORP CENTRAL INDEX KEY: 0000919130 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS PUBLISHING [2741] IRS NUMBER: 650420146 STATE OF INCORPORATION: FL FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-53223 FILM NUMBER: 1684292 BUSINESS ADDRESS: STREET 1: 1291 SW 29 AVE STREET 2: STE 3A CITY: POMPANO BEACH STATE: FL ZIP: 33069 BUSINESS PHONE: 9549176655 MAIL ADDRESS: STREET 1: 1600 S DIXIE HIGHWAY STREET 2: SUITE 3A CITY: BOCA RATON STATE: FL ZIP: 33432 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KOPIN MITCHELL P CENTRAL INDEX KEY: 0001116628 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 666 DUNDEE ROAD STREET 2: SUITE 1901 CITY: NORTHBROOK STATE: IL ZIP: 60062 MAIL ADDRESS: STREET 1: 666 DUNDEE ROAD STREET 2: SUITE 1901 CITY: NORTHBROOK STATE: IL ZIP: 60062 SC 13G 1 a2054557zsc13g.txt SCHEDULE 13G SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G (13d-102) INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. __________)(1) VISUAL DATA CORPORATION ------------------------------------------------------------ (Name of Issuer) Common Stock, par value $.0001 per share ------------------------------------------------------------ (Title of Class of Securities) 928428200 ------------------------------------------------------------ (CUSIP Number) July 3, 2001 ------------------------------------------------------------ (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [_] Rule 13d-1(b) [x] Rule 13d-1(c) [_] Rule 13d-1(d) (1) 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). 13G - ------------------------------------------ ------------------------------------- CUSIP NO. 928428200 PAGE 2 OF 9 PAGES - ------------------------------------------ ------------------------------------- - --------- ---------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Protius Overseas Limited - --------- ---------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [_] - --------- ---------------------------------------------------------------------- 3 SEC USE ONLY - --------- ---------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Isle of Man - ------------------------------------ ------- ----------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES -0- BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ------------------------------------ ------- ----------------------------------- 6 SHARED VOTING POWER 998,702 shares of Common Stock (See Item 4) - ------------------------------------ ------- ----------------------------------- 7 SOLE DISPOSITIVE POWER -0- - ------------------------------------ ------- ----------------------------------- 8 SHARED DISPOSITIVE POWER 998,702 shares of Common Stock (See Item 4) - --------- ---------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 998,702 shares of Common Stock (See Item 4) - --------- ---------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [x] - --------- ---------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 8.0% (See Item 4) - --------- ---------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* CO - --------- ---------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! 2 13G - ------------------------------------------ ------------------------------------- CUSIP NO. 928428200 PAGE 3 OF 9PAGES - ------------------------------------------ ------------------------------------- - --------- ---------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Cranshire Capital, L.P. - --------- ---------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [_] - --------- ---------------------------------------------------------------------- 3 SEC USE ONLY - --------- ---------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Illinois limited partnership U.S.A - ------------------------------------ ------- ----------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES -0- BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ------------------------------------ ------- ----------------------------------- 6 SHARED VOTING POWER 998,702 shares of Common Stock (See Item 4) - ------------------------------------ ------- ----------------------------------- 7 SOLE DISPOSITIVE POWER -0- - ------------------------------------ ------- ----------------------------------- 8 SHARED DISPOSITIVE POWER 998,702 shares of Common Stock (See Item 4) - --------- ---------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 998,702 shares of Common Stock (See Item 4) - --------- ---------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [x] - --------- ---------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 8.0% (See Item 4) - --------- ---------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - --------- ---------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! 3 13G - ------------------------------------------ ------------------------------------- CUSIP NO. 928428200 PAGE 4 OF 9 PAGES - ------------------------------------------ ------------------------------------- - --------- ---------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Downsview Capital, Inc. - --------- ---------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [_] - --------- ---------------------------------------------------------------------- 3 SEC USE ONLY - --------- ---------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Illinois corporation U.S.A. - ------------------------------------ ------- ----------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES -0- BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ------------------------------------ ------- ----------------------------------- 6 SHARED VOTING POWER 998,702 shares of Common Stock (See Item 4) - ------------------------------------ ------- ----------------------------------- 7 SOLE DISPOSITIVE POWER -0- - ------------------------------------ ------- ----------------------------------- 8 SHARED DISPOSITIVE POWER 998,702 shares of Common Stock (See Item 4) - --------- ---------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 998,702 shares of Common Stock (See Item 4) - --------- ---------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [x] - --------- ---------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 8.0% (See Item 4) - --------- ---------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* CO - --------- ---------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! 4 13G - ------------------------------------------ ------------------------------------- CUSIP NO. 928428200 PAGE 5 OF 9 PAGES - ------------------------------------------ ------------------------------------- - --------- ---------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Mitchell P. Kopin - --------- ---------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [_] - --------- ---------------------------------------------------------------------- 3 SEC USE ONLY - --------- ---------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION U.S. Citizen - ------------------------------------ ------- ----------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES -0- BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ------------------------------------ ------- ----------------------------------- 6 SHARED VOTING POWER 998,702 shares of Common Stock (See Item 4) - ------------------------------------ ------- ----------------------------------- 7 SOLE DISPOSITIVE POWER -0- - ------------------------------------ ------- ----------------------------------- 8 SHARED DISPOSITIVE POWER 998,702 shares of Common Stock (See Item 4) - --------- ---------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 998,702 shares of Common Stock (See Item 4) - --------- ---------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [x] - --------- ---------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 8.0% (See Item 4) - --------- ---------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - --------- ---------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! 5 ITEM 1(a). NAME OF ISSUER: Visual Data Corporation (the "Company") ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 1291 SW 29 Avenue, Pompano Beach, Florida 33069 ITEM 2(a). NAME OF PERSON FILING ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE ITEM 2(c). CITIZENSHIP Protius Overseas Limited P.O. Box 17512-14 Finch Road Douglas Isle of Man, IM99 Isle of Man limited company Cranshire Capital, L.P. 666 Dundee Road, Suite 1901 Northbrook, IL 60062 Illinois limited partnership Downsview Capital, Inc. 666 Dundee Road, Suite 1901 Northbrook, IL 60062 Illinois corporation Mitchell P. Kopin 666 Dundee Road, Suite 1901 Northbrook, IL 60062 U.S. Citizen ITEM 2(d). TITLE OF CLASS OF SECURITIES: Common Stock, par value $.0001 per share, of the Company ("Common Stock") ITEM 2(e). CUSIP NUMBER: 928428200 ITEM 3. If this Statement is Filed Pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the persons filing are: (a) [ ] Broker or dealer registered under Section 15 of the Exchange Act; (b) [ ] Bank as defined in Section 3 (a) (6) of the Exchange Act; (c) [ ] Insurance company as defined in Section 3 (a) (19) of the Exchange Act; (d) [ ] Investment company registered under Section 8 of the Investment Company Act; (e) [ ] An investment advisor in accordance with Rule 13d-1 (b) (1) (ii) (E); (f) [ ] An employee benefit plan or endowment fund in accordance with Rule 13d-1 (b) (1) (ii) (F); (g) [ ] A parent holding company or control person in a ccordance with Rule 13d-1 (b) (1) (ii) (G); 6 (h) [ ] A savings association as defined in Section 3 (b) of the Federal Deposit Insurance Act; (i) [ ] A church plan that is excluded from the definition of an investment company under Section (c) (14) of the Investment Company Act; (j) [ ] Group, in accordance with Rule 13d-1 (b) (1) (ii) (J); If this statement is filed pursuant to Rule 13d-1(c), check this box. [x] ITEM 4. OWNERSHIP. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: 998,702 shares of Common Stock* (b) Percent of class: 8.0%* (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 direct the vote - 998,702* (iii) Sole power to dispose or to direct the disposition of - 0 (iv) Shared power to dispose or to direct the disposition of - 998,702* * The beneficial ownership reported by the Reporting Persons excludes certain warrants which the Reporting Persons are contractually restricted from exercising at this time. The Reporting Persons cannot exercise such warrants so long as the Reporting Persons would be deemed "beneficial owners" of more than 4.9% of the Common Stock following such conversion. ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS. NOT APPLICABLE ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON. NOT APPLICABLE ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY. NOT APPLICABLE ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP. NOT APPLICABLE 7 ITEM 9. NOTICE OF DISSOLUTION OF GROUP. NOT APPLICABLE ITEM 10. CERTIFICATION. By signing below, each of the undersigned certify that, to the best of its knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having such purpose of effect. 8 SIGNATURE After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. July 19, 2001 --------------------------------------------- (Date) PROTIUS OVERSEAS LIMITED By: /s/ Gordon J. Mundy ----------------------------------------- Gordon J. Mundy CRANSHIRE CAPITAL, L.P. By: Downsview Capital, Inc., its General Partner By: /s/ Mitchell P. Kopin ----------------------------------------- Mitchell P. Kopin, President DOWNSVIEW CAPITAL, INC. By: /s/ Mitchell P. Kopin ----------------------------------------- Mitchell P. Kopin, President MITCHELL P. KOPIN /s/ Mitchell P. Kopin ----------------------------------------- Mitchell P. Kopin 9 -----END PRIVACY-ENHANCED MESSAGE-----