-----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, Nn7II4ggnElquowdtpgKggtNmFL+FZOq+gytvel+KudWM4WLo3+sfYMlWrKNQjUb 3+Lzn0tDwW2MkEHmsT7avQ== 0000919567-01-000016.txt : 20010410 0000919567-01-000016.hdr.sgml : 20010410 ACCESSION NUMBER: 0000919567-01-000016 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010405 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DEXTERITY SURGICAL INC CENTRAL INDEX KEY: 0000860131 STANDARD INDUSTRIAL CLASSIFICATION: ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES [3842] IRS NUMBER: 742559866 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-42644 FILM NUMBER: 1595973 BUSINESS ADDRESS: STREET 1: 12961 PARK CENTRAL STREET 2: STE 1300 CITY: SAN ANTONIO STATE: TX ZIP: 78216 BUSINESS PHONE: 2104958787 MAIL ADDRESS: STREET 1: 12961 PARK CENTRAL STREET 2: STE 1300 CITY: SAN ANTONIO STATE: TX ZIP: 78216 FORMER COMPANY: FORMER CONFORMED NAME: LIFEQUEST MEDICAL INC DATE OF NAME CHANGE: 19930328 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: RENAISSANCE CAPITAL GROWTH & INCOME FUND III INC CENTRAL INDEX KEY: 0000919567 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 752533518 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 8080 N CENTRAL EXPRWY STREET 2: STE 210 LB59 CITY: DALLAS STATE: TX ZIP: 75206 BUSINESS PHONE: 2148918294 MAIL ADDRESS: STREET 1: 8080 N CENTRAL EXPWY., SUITE 210 LB 59 CITY: DALLAS STATE: TX ZIP: 75206 SC 13G 1 0001.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 8) Dexterity Surgical, Inc. _____________________________________________________________________________ (Name of Issuer) Common Stock _____________________________________________________________________________ (Title of Class of Securities) 252368105 __________________________ (CUSIP Number) 13G CUSIP No. 252368105 _____________________________________________________________________________ 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. Renaissance Capital Growth & Income Fund III, Inc. 75-2533518 _____________________________________________________________________________ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) (b) _____________________________________________________________________________ 3. SEC USE ONLY _____________________________________________________________________________ 4. CITIZENSHIP OR PLACE OF ORGANIZATION Texas _____________________________________________________________________________ NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: _____________________________________________________________________________ 5. SOLE VOTING POWER 2,346,920 shares _____________________________________________________________________________ 6. SHARED VOTING POWER None _____________________________________________________________________________ 7. SOLE DISPOSITIVE POWER 2,346,920 shares _____________________________________________________________________________ 8. SHARED DISPOSITIVE POWER None _____________________________________________________________________________ 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,346,920 shares _____________________________________________________________________________ 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 17.25% _____________________________________________________________________________ 12. TYPE OF REPORTING PERSON IV _____________________________________________________________________________ ITEM 1. (a), (b) Dexterity Surgical, Inc. ("Company") 12961 Park Central, Suite 1300 San Antonio, TX 78216 ITEM 2. (a) Name of Person Filing Renaissance Capital Growth & Income Fund III, Inc. ("Filer") (b) Address of principal Business Office or, if none, Residence 8080 N. Central Expressway, Suite 210, LB 59 Dallas, TX 75206-1857 (c) Citizenship Texas (d) Title of Class of Securities Common Stock (e) CUSIP Number 75966V105 ITEM 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is a: (a) ______ Broker or Dealer registered under Section 15 of the Act (b) ______ Bank as defined in section 3(a)(6) of the Act (c) ______ Insurance Company as defined in section 3(a)(19) of the Act (d) X Investment Company registered under section 8 of the Investment ______ Company Act (e) ______ Investment Adviser registered under section 203 of the Investment Advisers Act of 1940 (f) ______ Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund; see section 240.13d-1(b)(1)(ii)(F) (g) ______ Parent Holding Company, in accordance with section 240.13d-1(b) (ii)(G)(Note: See Item 7) (h) ______ Group, in accordance with section 240.13d-1(b)(1)(ii)(H) ITEM 4. Ownership. (a) Amount Beneficially Owned: On December 19, 1997, the Company and the Filer entered into a 9% Convertible Debenture Loan Agreement for $1,500,000 due December 19, 2004, and convertible at $1.60 per share as of April 30, 1999. On December 19, 1997, the Filer purchased 125,000 shares of the Company's common stock. On August 11, 1998, the Filer purchased 500 shares at $1,000 per share of the Company's Series A Cumulative Convertible Preferred Stock, convertible into common stock at $1.60 per share as of April 30, 1999. On November 19, 1998, the Filer purchased 500 shares at $1,000 per share of the Company's Series B Cumulative Convertible Preferred Stock, convertible into common stock at $1.60 per share as of April 30, 1999. On March 27, 2000, the $1,500,000 9% Convertible Debenture was revised to be convertible at $1.00 per share. The Convertible Loan Agreement was also amended to provide for the payment of interest from February 1, 2000 through January 31, 2001 in shares of Common Stock giving the Filer 135,000 shares of the Company's Common Stock. On June 15, 2000 the conversion price of the Series A and Series B Convertible Preferred Stock was adjusted to $1.56 per share which makes the $500,000 of the Company's Series A Cumulative Convertible Preferred Stock convertible into 320,513 shares of common stock and the $500,000 of the Company's Series B Cumulative Convertible Preferred Stock convertible into 320,513 shares of common stock. On Nov. 17, 2000 Robert C. Pearson assigned 5,000 shares of stock options vesting July 27, 2000 with an exercise price of $0.75 per share expiring July 27, 2010 to Renaissance Capital Growth & Income Fund III, Inc. All the positions are convertible within sixty days. On January 10, 2001, the Company made a $29,850.00 principal payment bringing the 9% Convertible Debenture amount to $1,470,150.00. On February 7, 2001, the Company made a $14,701.50 principal payment bringing the 9% Convertible Debenture amount to $1,455,448.50. On March 22, 2001, the Company made a $14,554.49 principal payment bringing the 9% Convertible Debenture amount to $1,440,894.01. Thus the Filer owns 2,346,920 shares of the Company's common stock on a fully converted basis. The Investment Advisor is Renaissance Capital Group, Inc., which is also Investment Manager for Renaissance US Growth and Income Trust PLC. Renaissance US Growth and Income Trust PLC also owns securities of Dexterity Surgical, Inc. (b) Percent of Class 17.25% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 2,346,920 shares (ii) shared power to vote or to direct the vote: None (iii) sole power to dispose or to direct the disposition of: 2,346,920 shares (iv) shared power to dispose or to direct the disposition of: None 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: 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 in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purposes or effect. 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: April 4, 2001 /S/ __________________________________________________ Signature Russell Cleveland, President & CEO Renaissance Capital Growth & Income Fund III, Inc. __________________________________________________ Name and Title -----END PRIVACY-ENHANCED MESSAGE-----