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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
CASINOVATIONS INCORPORATED
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(Name of Issuer)
Common Stock $.001 par value
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(Title of Class of Securities)
14761P 10 4
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(CUSIP Number)
Stacie L. Brown, 6830 Spencer St., Las Vegas, NV 89119; Tel: (702) 733-7195
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(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
October 12, 1999
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(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 that is the subject of this Schedule 13D, and is filing this
schedule because of ss. 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the
following box [ ]
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7 for other parties
to whom copies are to be sent.
*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
disclosures provided in a prior cover page.
The information required on 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).
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SCHEDULE 13D
CUSIP No. 14761P 10 4 13D Page 2 of 6 Pages
________________________________________________________________________________
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Yvonne M. Huson
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS*
Not Applicable
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF
52,721 shares
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 70,000 shares
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
52,721 shares
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
70,000 shares
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,065,838 shares
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
28.6%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATIOTION
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This Schedule 13D ("Schedule 13D") of Yvonne M. Huson is filed with
respect to her ownership of the common stock, $.001 par value, of Casinovations
Incorporated, a Nevada corporation.
ITEM 1. SECURITY AND ISSUER
Common stock, $.001 par value (the "Common Stock") of Casinovations
Incorporated (the "Issuer"), 6830 Spencer Street, Las Vegas, Nevada, 89119.
ITEM 2. IDENTITY AND BACKGROUND
(a) Yvonne M. Huson
(b) 121 SW Morrison, Suite 1400, Portland, Oregon 97204
(c) Shareholder of the Issuer
(d) Ms. Huson has not, during the last five years, been convicted in a
criminal proceeding.
(e) Ms. Huson has not, during the last five years, been a party to a
civil proceeding of a judicial or administrative body of competent
jurisdiction resulting in a judgment decree or final order enjoining
future violations of, or prohibiting or mandating activities subject to,
federal or state securities laws or finding any violation with respect
to such laws.
(f) Ms. Huson is a citizen of the United Sates of America.
ITEM 3. SOURCE OF FUNDS OR OTHER CONSIDERATION
Not applicable.
ITEM 4. PURPOSE OF TRANSACTION
The filing of this Schedule 13D is a result of the October 12, 1999,
death of Richard S. Huson, Co-Trustee of the Richard S. Huson Revocable Trust
U/T/A, dated 09/04/98 (the "Trust"). Ms. Huson served as Co-Trustee and now
serves as Trustee of the Trust.
Item 5. Interest in Securities of the Issuer
YVONNE M. HUSON PRESENTLY OWNED PERCENTAGE(3)
--------------- --------------- -------------
Sole Voting Power 52,721(1) 0.49%
Shared Voting Power 70,000(2) 0.65%
Sole Depositive Power 52,721(1) 0.49%
Shared Depositive Power 70,000(2) 0.65%
Total Beneficial Power 3,065,838 28.6%
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(1) This amount represents 52,721 shares of Common Stock issuable upon
exercise of Class A Warrants.
(2) This amount represents 70,000 shares of Common Stock held by Tower Rock
Partners, LLC, an entity formerly controlled by Richard S. Huson and now
controlled by Yvonne Huson.
(3) These percentages reflect the percentage share ownership with respect to
10,705,944 shares, the number of shares of Common Stock outstanding as
of Novmeber 30, 1999.
3
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ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER
None
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
The Durable Power of Attorney dated November 12, 1999, whereby Yvonne M.
Huson transferred to James E. Crabbe voting power of the shares of Common Stock
held in the name of the Trust, is attached hereto as Exhibit "A".
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.
Dated: December 9, 1999.
/s/ Yvonne Huson, Trustee
---------------------------------------------
Yvonne Huson, Trustee of the Richard S. Huson
Revocable Trust U/T/A 09/04/98
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STATE OF OREGON
COUNTY OF DESCHUTES
DURABLE POWER OF ATTORNEY
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KNOW ALL MEN BY THESE PRESENTS:
That I, YVONNE M. HUSON, as Trustee of the Richard S. Huson Revocable
Trust U/T/A dated 09/04/98 (the "Trust"), do hereby make, constitute, and
appoint JAMES E. CRABBE my true and lawful Attorney-in-Fact.
I. POWER AND AUTHORITIES.
I hereby delegate to my Attorney-in-Fact full power and
authority for me in my name, place, and stead to do and perform the
following act:
To vote in person or by granting of a proxy
with or without the power of substitution, all my
shares of Casinovations Incorporated common stock
held in the Trust.
This durable power of attorney shall not be affected by any
disability on my part. The power conferred on my Attorney-in-Fact by
this instrument shall be exercisable from November 12, 1999. All acts
done by my Attorney-in-Fact pursuant to the power conferred by this
Durable Power of Attorney during any period of my disability or
incompetency shall have the same effect and inure to the benefit of and
bind me or my heirs, devisees and personal representatives as if I were
competent and not disabled.
This is a written Durable Power of Attorney which shall be
nondelegable and which shall not be terminated by my incompetency or
adjudication, as an incapacitated adult, and it shall remain in full
force and effect.
II. RELEASE AND INDEMNIFICATION OF ATTORNEY-IN-FACT.
My Attorney-in-Fact shall have no liability to me or to any
other person for any action taken, or not taken, in good faith pursuant
to this Durable Power of Attorney. I hereby release my Attorney-in-Fact
from any and all liability hereunder and agree to indemnify him for any
and all liabilities, costs, and expenses, including reasonable
attorneys' fees, which may be incurred in good faith.
III. RELEASE AND INDEMNIFICATION OF THIRD PERSONS.
Upon receipt of this Document, no third person shall have any
duty to inquire into the authority of my Attorney-in-Fact to take any
action set forth in Section I of this Document. I hereby release and
agree to indemnify any and all persons for actions taken in compliance
with the directions of my Attorney-in-Fact or for honoring any document
executed by my Attorney-in-Fact or for any action taken in reliance
thereon.
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IN WITNESS WHEREOF, I have hereunto set my hand and affixed my seal,
this 12th day of November, 1999.
/s/ Yvonne M. Huson
--------------------------------- (SEAL)
Yvonne M. Huson
Signed, sealed and delivered on the 12th day
of November, 1999, in the presence of :
/s/ Tom Biesiadecki
---------------------------------
Unofficial Witness
Signed and sworn before me on November 12,
1999, by Yvonne M. Huson
(notary stamp)
/s/ Barbara D Gutierrez
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Notary Public
For purposes of identification only, my
Attorney-in-Fact has signed and sealed this Durable
Power of Attorney.
/s/ James E. Crabbe
--------------------------------- (SEAL)
James E. Crabbe
Signed, sealed and delivered on the 12th day
of November, 1999, in the presence of:
/s/ Tom Biesiadecki
---------------------------------
Unofficial Witness
Signed and sworn before me on the 12th day
of November, 1999, by James E. Crabbe
(notary stamp)
/s/ Barbara D Gutierrez
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Notary Public
