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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
CADAPULT GRAPHIC SYSTEMS, INC.
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(Name of Issuer)
COMMON STOCK, PAR VALUE $.001 PER SHARE
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(Title of Class of Securities)
127206 10 0
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(CUSIP Number)
December 10, 1999
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(Date of Event Which Requires Filing of this Statement)
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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CUSIP No.: 127206 10 0
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(1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above
Persons:
BERTHEL SBIC, LLC 52-2040126
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(2) Check the Appropriate Box if a Member of a Group (See Instructions).:
(a) [ ]
(b) [ ]
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(3) SEC Use Only
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(4) Citizenship or Place of Organization: Delaware
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Number of (5) Sole Voting Power:
Shares 607,692
Beneficially ---------------------------------------------------
Owned by (6) Shared Voting Power
Each 0
Reporting ---------------------------------------------------
Person With (7) Sole Dispositive Power
607,692
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(8) Shared Dispositive Power
0
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(9) Aggregate Amount Beneficially Owned by Each Reporting Person:
607,692
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(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions):
Not Applicable
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(11) Percent of Class Represented by Amount in Row 9:
16.1%
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(12) Type of Reporting Person (See Instructions):
CO
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Item 1 (a) Name of Issuer: CADAPULT GRAPHIC SYSTEMS, INC.
(b) Address of Issuer's Principal Executive Offices: 110 Commerce Drive
Allendale, New Jersey 07401
Item 2 (a) Names of Persons Filing: Berthel SBIC, LLC
(b) Address or Principal Business Office or, if none, Residence:
100 Second St. S.E.
Cedar Rapids, Iowa 52401
(c) Citizenship: Organized under the laws of Delaware
(d) Title of Class of Securities: Common Stock, par value $.001
per share
(e) CUSIP No.: 127206 10 0
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Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b),
check whether the person filing is
a: Not Applicable
Item 4 (a) - (c). Ownership
The information in items 1 and 5-11 on the cover pages of this
statement on Schedule 13G is hereby incorporated by reference.
Item 5. Ownership of 5 Percent or Less of a Class. [ ] Not Applicable
Item 6. Ownership of More than 5 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
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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 not acquired and are not held for
the purposes 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 that purpose
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.
January 10, 2000
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Date
/s/ Henry Royer
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Henry Royer, President
Berthel SBIC, LLC
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