SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
INFORMATION STATEMENT PURSUANT TO
RULES 13d-1 AND 13d-2 UNDER THE
SECURITIES EXCHANGE ACT OF 1934
(Amendment No. )*
Olympic Cascade Financial Corporation
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
68158N 10 6
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(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 (the "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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<PAGE>
CUSIP NO. 68158N 10 6 13G Page 2 of 5 pages
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1. NAME OF REPORTING PERSONS S.S OR I.R.S. IDENTIFICATION NO. OF
ABOVE PERSONS
LVE, LLC 13-392-06-84
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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NUMBER OF 5. SOLE VOTING POWER
SHARES 157,500
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6. SHARED VOTING POWER
EACH 0
REPORTING --------------------------------------------------------------
PERSON 7. SOLE DISPOSITIVE POWER
WITH 157,500
--------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
157,500
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.4%
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12. TYPE OF REPORTING PERSON*
OO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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Item 1(a). Name of Issuer:
Olympic Cascade Financial Corporation
Item 1(b). Address of Issuer's Principal
Executive Offices:
1001 Fourth Avenue, Suite 2200
Seattle, Washington 98154
Item 2(a). Name of Person Filing:
LVE, LLC
Item 2(b). Address of Principal Business
Office or, if None, Residence:
c/o Douglas Elliman
575 Madison Avenue
New York, New York 10022
Item 2(c). Citizenship:
United States of America
Item 2(d). Title of Class of Securities:
Common Stock
Item 2(e). CUSIP Number:
68158N 10 6
Item 3.
Not applicable
Item 4. Ownership.
(a) Amount beneficially owned:
157,500 shares (comprised entirely of shares that may be acquired
pursuant to a currently exercisable warrant).
(b) Percent of class:
9.4%
(c) Number of Shares as to which Reporting Person has:
3
<PAGE>
(i) sole power to vote or to
direct the vote
157,500
(ii) shared power to vote or to
direct the vote
0
(iii) sole power to dispose or to
direct the disposition of
157,500
(iv) shared power to dispose or to
direct the disposition of
0
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 Subsidiaries 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:
Not applicable
4
<PAGE>
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: February 10, 1998
Howard Milstein
Signature: ----------------
Name/Title: Howard Milstein
Chairman
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