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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
ISONICS CORPORATION
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(Name of Issuer)
COMMON STOCK, NO PAR VALUE
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(Title of Class of Securities)
464895101
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(CUSIP Number)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
/ / Rule 13d-1(b)
/X/ Rule 13d-1(c)
/ / Rule 13d-1(d)
*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 ("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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1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NUMBER OF
ABOVE PERSON
FAIRWAY INVESTORS
- - ------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP *
(a) /X/
(b) / /
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
ILLINOIS
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5. SOLE VOTING POWER
0
NUMBER OF ------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 400,000
EACH ------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH: 0
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8. SHARED DISPOSITIVE POWER
400,000
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON.
400,000
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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.
6.0 %
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12. TYPE OF REPORTING PERSON*
PN
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2
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1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NUMBER OF
ABOVE PERSON
LOUIS MARKS
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP *
(a) /X/
(b) / /
- - ------------------------------------------------------------------------------
3. SEC USE ONLY
- - ------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
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5. SOLE VOTING POWER
0
NUMBER OF ------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 400,000
EACH ------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH: 0
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8. SHARED DISPOSITIVE POWER
400,000
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON.
400,000
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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.
6.0 %
- - ------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
IN
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3
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1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NUMBER OF
ABOVE PERSON
JERROLD MARKS
- - ------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP *
(a) /X/
(b) / /
- - ------------------------------------------------------------------------------
3. SEC USE ONLY
- - ------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
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5. SOLE VOTING POWER
0
NUMBER OF ------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 400,000
EACH ------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH: 0
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8. SHARED DISPOSITIVE POWER
400,000
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON.
400,000
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/ /
- - ------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9.
6.0 %
- - ------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
IN
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4
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1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NUMBER OF
ABOVE PERSON
ROSENFIELD FAMILY LIMITED PARTNERSHIP
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP *
(a) /X/
(b) / /
- - ------------------------------------------------------------------------------
3. SEC USE ONLY
- - ------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
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5. SOLE VOTING POWER
0
NUMBER OF ------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 400,000
EACH ------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH: 0
------------------------------------------------------
8. SHARED DISPOSITIVE POWER
400,000
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON.
400,000
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/ /
- - ------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9.
6.0 %
- - ------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
PN
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5
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1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NUMBER OF
ABOVE PERSON
RICHARD ROSENFIELD
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP *
(a) /X/
(b) / /
- - ------------------------------------------------------------------------------
3. SEC USE ONLY
- - ------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
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5. SOLE VOTING POWER
0
NUMBER OF ------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 400,000
EACH ------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH: 0
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8. SHARED DISPOSITIVE POWER
400,000
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON.
400,000
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/ /
- - ------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9.
6.0 %
- - ------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
IN
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6
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SCHEDULE 13G
Item 1(a) Name of Issuer:
Isonics Corporation
Item 1(b) Address of Issuer's Principal Executive Offices:
5906 McIntyre Street, Golden, Colorado 80403
Item 2(a) Name of Persons Filing:
Fairway Investors
Jerrold Marks
Louis Marks
Rosenfield Family Limited Partnership
Richard Rosenfield
Item 2(b) Address of Principal Business Office (all Reporting Persons):
8707 Skokie Boulevard
Skokie, Illinois 60077
Item 2(c) Citizenship:
Fairway Investors - Illinois
Jerrold Marks - United States
Louis Marks - United States
Rosenfield Family Limited Partnership - Illinois
Richard Rosenfield - United States
Item 2(d) Title of Class of Securities:
Common Stock into which shares of Series A Convertible Preferred
Stock are convertible, and which warrants are exercisable to purchase (the
"Shares").
Item 2(e) CUSIP Number:
464895101
Item 3. Type of Reporting Person:
N/A
Item 4. Ownership of each of the Reporting Persons, as of July 29, 1999:
a. Amount Beneficially Owned:
400,000 shares
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b. Percent of class
6.0%
c. Number of shares as to which such person has:
i. Sole power to vote or to direct the vote
0
ii. Shared power to vote or to direct the vote
400,000
iii. Sole power to dispose or to direct the disposition of 0
iv. Shared power to dispose or to direct the disposition of
400,000
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.
N/A
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reporting on by the Parent Holding Company:
N/A
Item 8. Identification and Classification of Members of the Group.
Exhibit II attached hereto identifies each member of the group.
Item 9. Notice of Dissolution of Group:
N/A
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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.
Signatures
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 11, 1999
FAIRWAY INVESTORS*
By: /s/ Jerrold Marks
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Jerrold Marks, Partner
/s/ Jerrold Marks
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Jerrold Marks*
/s/ Louis Marks
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Louis Marks*
ROSENFIELD FAMILY LIMITED PARTNERSHIP*
By: /s/ Richard Rosenfield
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Richard Rosenfield, General Partner
/s/ Richard Rosenfield
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Richard Rosenfield *
*Pursuant to the Joint Filing Agreement attached hereto as Exhibit
I, among Fairway Investors, Jerrold Marks, Louis Marks, Rosenfield Family
Limited Partnership, and Richard Rosenfield, this statement on Schedule 13G is
filed on behalf of each of the Reporting Persons.
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JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k) under the Securities Exchange Act of
1934, as amended, the persons named below agree to the joint filing on behalf of
each of them of a Statement on Schedule 13G (including amendments thereto) with
respect to the common stock, no par value, of Isonics Corporation, and further
agree that this Joint Filing Agreement be included as an Exhibit to such joint
filings.
In evidence thereof, the undersigned, being duly authorized, hereby
execute this Joint Filing Agreement as of August 11, 1999.
FAIRWAY INVESTORS
By: /s/ Jerrold Marks
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Jerrold Marks, Partner
/s/ Jerrold Marks
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Jerrold Marks
/s/ Louis Marks
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Louis Marks
ROSENFIELD FAMILY LIMITED PARTNERSHIP
By: /s/ Richard Rosenfield
---------------------------------------------
Richard Rosenfield, General Partner
/s/ Richard Rosenfield
-------------------------------------------------
Richard Rosenfield
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IDENTITY OF GROUP MEMBERS
Fairway Investors, a general partnership, is the direct beneficial
owner of 200,000 units, each consisting of one share of Series A Convertible
Preferred Stock convertible into one Share, and a warrant immediately
exercisable to purchase one Share. Louis Marks, Jerrold Marks, and Rosenfield
Family Limited Partnership are general partners of Fairway Investors, and each
may be deemed the indirect beneficial owner of 400,000 Shares. Richard
Rosenfield is the sole general partner of Rosenfield Family Limited Partnership,
and may be deemed the indirect beneficial owner of 400,000 Shares. Fairway
Investors, Jerrold Marks, Louis Marks, Rosenfield Family Limited Partnership,
and Richard Rosenfield may be deemed members of a "group" for purposes of this
report on Schedule 13G.
