-----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, ObeW5W74qz8EAKnpH/tB5H6pZ3+BHLiNmjJsRT9hvjs/Vn+xTrqf5cIKG6u1tWF4 9MFZwkZbPgDZLICDHm3QXw== 0001089999-00-000002.txt : 20000214 0001089999-00-000002.hdr.sgml : 20000214 ACCESSION NUMBER: 0001089999-00-000002 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20000211 GROUP MEMBERS: PERITUS ASSET MANAGEMENT INC /ADV GROUP MEMBERS: PERITUS ASSET MANAGEMENT,INC., AND GROUP MEMBERS: PERITUS CAPITAL PARTNERS LLC. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: VISKASE COMPANIES INC CENTRAL INDEX KEY: 0000033073 STANDARD INDUSTRIAL CLASSIFICATION: PLASTICS PRODUCTS, NEC [3089] IRS NUMBER: 952677354 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-07886 FILM NUMBER: 534328 BUSINESS ADDRESS: STREET 1: 6855 W. 65TH ST. CITY: CHICAGO STATE: IL ZIP: 60638 BUSINESS PHONE: 7084964200 FORMER COMPANY: FORMER CONFORMED NAME: ENVIRODYNE INDUSTRIES INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: MGN INC DATE OF NAME CHANGE: 19790425 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PERITUS ASSET MANAGEMENT INC /ADV CENTRAL INDEX KEY: 0000948213 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 943174137 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 315 E CANON PERIDO ST CITY: SANTA BARBARA STATE: CA ZIP: 93101 BUSINESS PHONE: 8058829169 MAIL ADDRESS: STREET 1: 315 E CANON PERDIDO CITY: SANTA BARBARA STATE: CA ZIP: 93101 FORMER COMPANY: FORMER CONFORMED NAME: PERITUS ASSET MANAGEMENT INC /ADV DATE OF NAME CHANGE: 19990113 SC 13G/A 1 AMENDMENT NO.1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ------------------------------------------- SCHEDULE 13G (Rule 13d-102) (Amendment No. 1) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b) and (c) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(b) Viskase Companies, Inc. ----------------------------------------------------- (Name of Issuer) Common Stock ----------------------------------------------------- (Title of Class of Securities) 29403700 ----------------------------------------------------- (CUSIP Number) February 9, 2000 ----------------------------------------------------- (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) [X] 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 the disclosures provided in a prior cover page. The information required in 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). 1 CUSIP No.29403700 13G/A - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON(S) I.R.S. IDENTIFICATION NO. OF ABOVE PERSON(S) (Entities only) Peritus Asset Management, Inc.-94-3174137 - ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - ------------------------------------------------------------------------------- 3. SEC USE ONLY - ------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION State of California - ------------------------------------------------------------------------------- NUMBER OF 5. SOLE VOTING POWER SHARES -0- BENEFICIALLY ------------------------------------------------------- OWNED BY 6. SHARED VOTING POWER EACH 1,335,888 REPORTING ------------------------------------------------------- PERSON 7. SOLE DISPOSITIVE POWER WITH -0- ------------------------------------------------------- 8. SHARED DISPOSITIVE POWER 1,335,888 - ------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,335,888 - ------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* Not Applicable - ------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 8.87% - ------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON* IA - ------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! 2 CUSIP No.29403700 13G/A - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON(S) I.R.S. IDENTIFICATION NO. OF ABOVE PERSON(S) (Entities only) Peritus Capital Partners LLC-77-0493842 - ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - ------------------------------------------------------------------------------- 3. SEC USE ONLY - ------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION State of California - ------------------------------------------------------------------------------- NUMBER OF 5. SOLE VOTING POWER SHARES -0- BENEFICIALLY ------------------------------------------------------- OWNED BY 6. SHARED VOTING POWER EACH 862,500 REPORTING ------------------------------------------------------- PERSON 7. SOLE DISPOSITIVE POWER WITH -0- ------------------------------------------------------- 8. SHARED DISPOSITIVE POWER 862,500 - ------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 862,500 - ------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* Not Applicable - ------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.72% - ------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON* OO - ------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! 3 CUSIP No. 29403700 13G/A NOTE: This Schedule 13G Amendment is filed on behalf of Peritus Asset Management, Inc. and Peritus Capital Partners, LLC, jointly, pursuant to Rule 13d-1(k)(1). This Schedule 13G Amendment amends the Schedule 13G filed by it on February 2, 1999. Item 1. (a) Name of Issuer: Viskase Companies, Inc. -------------------------------------------------------------- (b) Address of Issuer's Principal Executive Offices: 6855 West 65th Street, Chicago, IL 60638 -------------------------------------------------------------- Item 2. (a) Name of Persons Filing: Peritus Asset Management, Inc. ("PAMI") and Peritus Capital Partners, LLC. ("PCP") -------------------------------------------------------------- (b) Address of Principal Business Office, or if None, Residence: 315 E. Canon Perdido, Santa Barbara, CA 93101 (both filers) -------------------------------------------------------------- (c) Citizenship: PAMI is a California corporation and PCP is a California limited liability company. -------------------------------------------------------------- (d) Title of Class of Securities: Common Stock -------------------------------------------------------------- (e) CUSIP Number: 29403700 -------------------------------------------------------------- Item 3. Type of Reporting Persons: PAMI is an investment advisor filing in accordance with Section 240.13d-1(b)(1)(ii)(E). PCP is classified as "Other" as its principal business is as a private investment fund. PCP is managed by PAMI. All shares owned by PCP are attributed to PAMI for purposes of this report. Item 4. Ownership. (a) Amount beneficially owned: Shares of Common Stock: PAMI-1,335,888 PCP- 862,500 4 CUSIP No. 29403700 13G/A (b) Percent of class: PAMI-8.87% PCP-5.72% (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: PAMI-1,335,888 PCP-862,500 (iii) Sole power to dispose or to direct the disposition of: -0- (iv) Shared power to dispose or to direct the disposition of: PAMI-1,335,888 PCP-862,500 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 Item 9. Notice of Dissolution of Group. Not Applicable 5 CUSIP No. 29403700 13G/A Item 10. Certification. By signing below Peritus Asset Management, Inc., certifies that, to the best of its knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and 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 that purpose or effect. Additionally, by signing below, Peritus Capital Partners, LLC certifies 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 that purpose or effect. 6 SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Dated: February 9, 2000 PERITUS ASSET MANAGEMENT, INC. By: /s/ Timothy J. Gramatovich -------------------------------- Timothy J. Gramatovich Chief Investment Officer PERITUS CAPITAL PARTNERS, LLC By: Peritus Assets Management, Inc., Manager By: /s/ Timothy J. Gramatovich -------------------------------- Timothy J. Gramatovich Chief Investment Officer * Attention. Intentional misstatements or omissions of fact constitute federal criminal violations (see 18 U.S.C. 1001). EX-1 2 JOINT FILING AGREEMENT EXHIBIT 1 JOINT FILING AGREEMENT The undersigned hereby agree that the statement on Schedule 13G/A with respect to the shares of Common Stock of Viskase Companies, Inc., is, and any amendment thereto signed by each of the undersigned shall be, filed on behalf of each undersigned pursuant to and in accordance with the provisions of 13d-1(k) under the Securities Exchange Act of 1934, as amended. Dated: February 9, 2000 PERITUS ASSET MANAGEMENT, INC. By: /s/ Timothy J. Gramatovich -------------------------------- Timothy J. Gramatovich Chief Investment Officer PERITUS CAPITAL PARTNERS, LLC By: Peritus Assets Management, Inc., Manager By: /s/ Timothy J. Gramatovich -------------------------------- Timothy J. Gramatovich Chief Investment Officer -----END PRIVACY-ENHANCED MESSAGE-----