SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549

                                 SCHEDULE 13G


             Information Statement Pursuant to Rule 13d-1 AND 13d-2

                  

                              Projectavision, Inc.
- --------------------------------------------------------------------------------
                                (Name of Issuer)


                                  Common Stock
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)


                                   743391104
- --------------------------------------------------------------------------------
                                 (CUSIP Number)




*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 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))

(SC13G-07/98)



CUSIP No. 743391104                    13G                     Page 2 of 5 Pages


________________________________________________________________________________
1.   NAME OF REPORTING PERSON
     SS OR I.R.S. IDENTIFICATION NO. 

     Harbor View Fund, Inc.
     11-3370427
________________________________________________________________________________
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                 (a)  [_]
                                                                 (b)  [_]

________________________________________________________________________________
3.   SEC USE ONLY



________________________________________________________________________________
4.   CITIZENSHIP OR PLACE OF ORGANIZATION

     New York

________________________________________________________________________________
  NUMBER OF    5.   SOLE VOTING POWER
                    
   SHARES           2,800,000
               _________________________________________________________________
BENEFICIALLY   6.   SHARED VOTING POWER
                    
  OWNED AS          
               _________________________________________________________________
OF AUGUST 28,  7.   SOLE DISPOSITIVE POWER
                    
1998 BY EACH        2,800,000
               _________________________________________________________________
 REPORTING     8.   SHARED DISPOSITIVE POWER
                    
PERSON WITH         
________________________________________________________________________________
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     2,800,000

(Not to be construed as an admission of beneficial ownership)
________________________________________________________________________________
10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

                                                                          [_]

________________________________________________________________________________
11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

     5.8%

________________________________________________________________________________
12.  TYPE OF REPORTING PERSON*

     Corporation

________________________________________________________________________________
                     




CUSIP No. 743391104                   13G                      Page 3 of 5 Pages


Item 1(a).  Name of Issuer:

            Projectavision, Inc.

Item 1(b).  Address of Issuer's Principal Executive Offices:
               
            2 Penn Plaza
            New York, NY

Item 2(a).  Name of Person Filing:

            Harbor View Fund, Inc. 
            11-3370427

Item 2(b).  Address of Principal Business Office:

            488 Madison Avenue, 8th Floor
            New York, NY 10022

Item 2(c).  Citizenship:

            New York

Item 2(d).  Title of Class of Securities:

            Common Stock

Item 2(e).  CUSIP Number:

            743391104

Item 3.     Type of Reporting Person:

            Not Applicable

Item 4.     Ownership as of August 28, 1998:


            (a)  Amount Beneficially Owned:

                 2,800,000 shares of common stock beneficially owned




CUSIP No. 743391104                   13G                      Page 4 of 5 Pages


          (b)  Percent of class:      5.8%

                    
          (c)  For information on voting and  dispositive  power with respect to
               the above listed shares, see items 5-8 of cover page

Item 5.   Ownership of Five Percent or Less of a Class.

          If this  statement  is being  filed to report  the fact that as of the
          date hereof the reporting person has ceased to be the beneficial owner
          of more  than  five  percent  of the  class of  securities,  check the
          following: ( )

          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

Item 10.  Certification:

     By signing  below I certify  that,  to the best of my knowledge and belief,
the  securities  referred to above were  acquired  and are held in the  ordinary
course of business and were not acquired and 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 or effect.





CUSIP No. 743391104                   13G                      Page 5 of 5 Pages


                                    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: August 28, 1998              Harbor View Fund, Inc.


                                   By: /s/ Evan H. Berger
                                       -----------------------------
                                       Evan H. Berger
                                       Vice President