-----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, Poq7H+J6GqNqIDslkqM9D8Rlh0N/rTq0YI0h6M5DdouIAUEJ5WaVaiq4+W9FvJte kE/0hGZdaKiBH03qoXk4yw== 0000950117-97-001955.txt : 19971119 0000950117-97-001955.hdr.sgml : 19971119 ACCESSION NUMBER: 0000950117-97-001955 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19971118 SROS: NONE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CHAPARRAL RESOURCES INC CENTRAL INDEX KEY: 0000019252 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 840630863 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-10253 FILM NUMBER: 97723746 BUSINESS ADDRESS: STREET 1: 3400 BISSONNET STREET STREET 2: SUITE 135 CITY: HOUSTON STATE: TX ZIP: 77005 BUSINESS PHONE: 713-669-09 MAIL ADDRESS: STREET 1: 621 17TH STREET SUITE 1301 CITY: DENVER STATE: CO ZIP: 80293 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: VICTORY VENTURES LLC /NY CENTRAL INDEX KEY: 0001049602 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 645 MADISON AVE STE 2200 CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2126442322 MAIL ADDRESS: STREET 1: 645 MADISON AVE STE 2200 CITY: NEW YORK STATE: NY ZIP: 10022 SC 13D/A 1 VICTORY VENTURES LLC SC 13D AM#1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D (AMENDMENT NO. 1) Under the Securities Exchange Act of 1934 CHAPARRAL RESOURCES, INC. ------------------------- (Name of Issuer) Common Stock, $.10 par value ------------------------------ (Title of Class of Securities) 159 420 207 -------------- (CUSIP Number) Herbert M. Friedman, Esq. Zimet, Haines, Friedman & Kaplan 460 Park Avenue New York, New York 10022 (212) 486-1700 ---------------- (Name, Address and Telephone Number of Persons Authorized to Receive Notices and Communications) October 27, 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. [ ] Page 1 of 6 Pages. CUSIP No. 159 420 207 AMENDMENT NO. 1 ----------- TO 13D - ------------------------------------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS: Victory Ventures LLC - ------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [ ] (b) [ ] - ------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: WC - ------------------------------------------------------------------------------------------------------------- 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e): [ ] - ------------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware - ------------------------------------------------------------------------------------------------------------- 7 SOLE VOTING POWER: NUMBER OF 8,590,299 SHARES ------------------------------------------------------------------------------------------ BENEFICIALLY 8 SHARED VOTING POWER: OWNED BY EACH ------------------------------------------------------------------------------------------ REPORTING 9 SOLE DISPOSITIVE POWER: PERSON WITH 8,590,299 ------------------------------------------------------------------------------------------ 10 SHARED DISPOSITIVE POWER: - ------------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 8,590,299 - ------------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ] - ------------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 19.4% - ------------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: OO - -------------------------------------------------------------------------------------------------------------
2 AMENDMENT NO. 1 TO SCHEDULE 13D Victory Ventures LLC, a Delaware limited liability company ("Victory"), hereby amends the Statement on Schedule 13D filed by Victory on August 5, 1997 (the "Schedule 13D") with respect to the shares of common stock, $.10 par value per share ("Common Stock"), of Chaparral Resources, Inc., a Colorado corporation (the "Company"). Item 3. Source and Amount of Funds or Other Consideration The disclosure set forth in Item 3 of the Schedule 13D is hereby supplemented with the information set forth below: On October 27, 1997 Victory exercised a portion of a Warrant, granted on April 23, 1997 to purchase 4,615,385 shares of Common Stock at an exercise price of $0.65 per share exercisable no later than December 31, 1997 (the "Warrant"), by electing to purchase 2,307,692 shares of Common Stock at an exercise price of $.65 per share. The exercise price of $1,500,000 was paid in cash from working capital. In addition, the exercise period of the remaining portion of the Warrant was extended from December 31, 1997 to December 31, 1998. 3 Item 5. Interest in Securities of the Issuer. The disclosure set forth in Item 5 of the Schedule 13D is hereby amended as follows: (a) (b) On the date hereof, Victory owns directly an aggregate of 6,157,606 shares of Common Stock, which shares constitute approximately 14.7% of the issued and outstanding shares of Common Stock (based on Chaparral's Quarterly Report on Form 10-Q for the quarter ended June 30, 1997, stating that as of August 7, 1997 there were 41,931,427 shares of Common Stock issued and outstanding). In addition, Victory is the beneficial owner of currently exercisable warrants to purchase an aggregate of 2,432,693 additional shares of Common Stock. In the event of such exercise Victory would own 8,590,299 shares of Common Stock (or approximately 19.4% assuming exercise of the remainder of the warrants). Victory has the sole power to vote or direct the vote and to dispose or direct the disposition of such shares. To the best of Victory's knowledge, except with respect to Walter A. Carozza who is the holder of options to purchase 25,000 shares of Common Stock, none of the persons named in Schedule A to the Schedule 13D are beneficial owners of shares of Common Stock. (c) Except for the transaction described in Item 3 above, to the best knowledge of Victory, there were no 4 transactions in shares of the Common Stock effected by the persons named in response to paragraph (a) of this Item 5 during the past sixty days. (d) Not applicable. (e) Not applicable. Item 6 - Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. The disclosure set forth in Item 6 of the Schedule 13D is hereby supplemented with the information set forth below: On October 27, 1997 the exercise period of the remaining portion of the Warrant was extended from December 31, 1997 to December 31, 1998. 5 After reasonable inquiry and to the best of the undersigned's knowledge and belief, the undersigned hereby certifies that the information set forth in this statement is true, complete and correct. Dated: November 14, 1997 VICTORY VENTURES LLC By:/s/ Walter A. Carozza ______________________________________ Walter A. Carozza President 6 -----END PRIVACY-ENHANCED MESSAGE-----