-----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, Ne+V8dioNz98aRQBLvDHh/7sR2ssU4hFU8V+l79WXQVU6ZIbZyLxoKQ6CyUSvHf9 DEAne2ch36/0B34X1YksZg== 0000895813-97-000290.txt : 19971203 0000895813-97-000290.hdr.sgml : 19971203 ACCESSION NUMBER: 0000895813-97-000290 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19971202 SROS: NONE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MEDICAL TECHNOLOGY & INNOVATIONS INC /FL/ CENTRAL INDEX KEY: 0000847464 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-AMUSEMENT & RECREATION SERVICES [7900] IRS NUMBER: 652954561 STATE OF INCORPORATION: FL FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-50779 FILM NUMBER: 97731401 BUSINESS ADDRESS: STREET 1: 1428 BRICKELL AVE 8TH FL CITY: MIAMI STATE: FL ZIP: 33131 BUSINESS PHONE: 7178926770 MAIL ADDRESS: STREET 1: 3125 NOLT RD CITY: LANCASTER STATE: PA ZIP: 17601 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GLOBAL CAPITAL MANAGEMENT INC/MN CENTRAL INDEX KEY: 0001034884 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 601 CARLSON PARKWAY STREET 2: SUITE 200 CITY: MINNETONKA STATE: MN ZIP: 55305 MAIL ADDRESS: STREET 1: 601 CARLSON PARKWAY STREET 2: SUITE 200 CITY: MINNETONK STATE: MN ZIP: 55305 SC 13D/A 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________ SCHEDULE 13D (Amendment No. 2) Under the Securities Exchange Act of 1934 Medical Technology and Innovations, Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 5846 2M100 (CUSIP Number) Richard J. Emmerich Global Capital Management, Inc. 601 Carlson Parkway Suite 200 Minnetonka, Minnesota 55305 (612) 476-7200 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) November 26, 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 [ ]. (continued on following pages) CUSIP No. 5846 2M100 Schedule 13D (Amendment No. 2) 1) Name of Reporting Persons/S.S. or I.R.S. Identification Nos. of Above Persons Global Capital Management, Inc./FEIN 41-1625323 2) Check the Appropriate Box if a Member of a Group (a) [ ] (b) [ ] 3) SEC Use Only 4) Source of Funds WC 5) Check Box if Disclosure of Legal Proceedings is Required Pursuant to Item 2(d) or 2(e) [ ] 6) Citizenship or Place of Organization Delaware Number of Shares Beneficially Owned by Each Reporting Person with: (7) Sole Voting Power 535,367 (See Item 5) (8) Shared Voting Power 0 (9) Sole Dispositive Power 535,367 (See Item 5) (10) Shared Dispositive Power 0 11) Aggregate Amount Beneficially Owned by Each Reporting Person 535,367 (See Item 5) 12) Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares [ ] 13) Percent of Class Represented by Amount in Row (11) 3.3% (See Item 5) 14) Type of Reporting Person CO Page 2 of 4 Pages SCHEDULE 13D AMENDMENT NO. 2 This Amendment No. 2 is being filed pursuant to Section 13(d) of the Securities Exchange Act of 1934 and the rules and regulations promulgated thereunder. This Amendment No. 2 amends and supplements the Statement on Schedule 13D, as amended by Amendment No. 1 thereto (the "Schedule 13D"), relating to the common stock, no par value ("Common Stock"), of Medical Technology and Innovations, Inc., a Florida corporation (the "Issuer"), previously filed by Global Capital Management, Inc., a Delaware corporation ("Global"). Capitalized terms used and not defined herein shall have the meanings set forth in the Schedule 13D. ITEM 4. PURPOSE OF TRANSACTION. Item 4 is amended by adding the following: The agreement in principle between Global Bermuda and Faisal Finance (Switzerland) SA described in Amendment No. 1 to the Schedule 13D was not implemented. Global Bermuda elected not to require compliance with its Conversion Notice and the Issuer redeemed the 45 shares of Series A Preferred Stock held by Global Bermuda at $3,800 per share. In connection therewith, the Issuer agreed to reduce the exercise price of the Warrant to $1.00 per share, and Global Bermuda and the Issuer executed mutual releases. Global Bermuda received payment of the redemption price on November 26, 1997. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. Items 5(a) and 5(c) are hereby amended to read as follows: (a) As of the date of this Amendment No. 2, Global Capital Management is the beneficial owner of an aggregate of 535,367 shares of Common Stock, consisting of the 260,138 shares of Common Stock held by Global Bermuda and the 275,229 shares of Common Stock underlying the Warrant. The Issuer's Form 10-QSB for the quarter ended March 31, 1997 (which appears to be the Issuer's most recently available filing with the Securities and Exchange Commission) stated that as of that date there were 15,826,000 shares of Common Stock outstanding. Based on that number of shares and treating the shares of Common Stock underlying the Warrant as also being outstanding, Global Capital Management would be deemed to be the beneficial owner of 3.3% of the Issuer's outstanding Common Stock. Page 3 of 4 Pages (c) No transactions in Common Stock were effected by Global Capital Management during the sixty (60) days prior to the date of this Amendment. Item 5 is amended by adding a subsection (e) as follows: (e) Global Capital Management ceased to be the beneficial owner of more than five percent of the Issuer's Common Stock on November 26, 1997. 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. Date: December 2, 1997 GLOBAL CAPITAL MANAGEMENT, INC. By: /s/ John D. Brandenborg ------------------------------- Name: John D. Brandenborg Title: Vice-President Page 4 of 4 Pages -----END PRIVACY-ENHANCED MESSAGE-----