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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility
Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
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- -------------------------------- OMB APPROVAL
FORM 3 OMB Number: 3235-0104
- -------------------------------- Expires: December 31, 2001
Estimated average burden
hours per response .... 0.5
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(Print or Type Responses)
1. Name and Address of Reporting Person *
The LMR Family Trust
(Last) (First) (Middle)
Caledonian Bank & Trust Limited, Caledonian House, P.O. Box 1043
(Street)
Grand Cayman BWI
(City) (State) (Zip)
2. Date of Event Requiring Statement ( Month / Day / Year )
10/11/99
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Issuer Name and Ticker or Trading Symbol
Balanced Care Corporation Symbol: BAL
5. Relationship of Reporting Person to Issuer (Check all applicable)
Director X 10% Owner
----- -----
Officer (give title Other
----- below) ----- (specify
below)
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6. If Amendment, Date or Original (Month/Year)
10/15/99
7. Individual or Join/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
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X Form filed by More than One Reporting Person
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TABLE I -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
1. Title of security 2. Amount of Securities 3. Ownership 4. Nature of Indirect
(Inst.4) Beneficially Owned Form: Direct (D) Beneficial Ownership
(Instr. 4) or Indirect (I) (Instr. 5)
(Inst. 5)
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Common Stock 3,855,892 I by Agreement (1)
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
* If the Form is filed by more than one reporting person, SEE instruction 5(b)(v). SEC 1473(3-99)
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FORM 3 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED (E.G., PUTS,
CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
1. Title of Derivative Security 2. Date Exercisable and 3. Title and Amount of Securities Underlying
(Instr. 4) Expiration Date Derivative Security (Instr. 4)
(Month/Day/Year)
Amount or
Date Expiration Title Number of
Exercisable Date Shares
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Series C Convertible Voting Preferred Stock (2) Common Stock 3,300,000
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4. Conversion or 5. Ownership 6. Nature of Indirect
Exercise Price of Form of Beneficial Ownership
Derivative Derivative (Instr. 5)
Security Security:
Direct (D) or
Indirect (I)
(Instr. 5)
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$1.25 I by Corporation (3)
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Explanation of Responses:
See continuation page 3 for footnotes
**Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. SEE 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, SEE Instruction 6 for procedure.
/s/ Robin L. Barber January 10, 2000
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**Signature of Reporting Person Date
By: Robin L. Barber
For: Caledonian Bank & Trust Limited
in its capacity as Trustee of The
LMR Family Trust
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Name and Address of Designated Filer: The LMR Family Trust
Caledonian Bank & Trust Limited
Caledonian House
P.O. Box 1043
Grand Cayman, BWI
Issuer Name and Ticker Symbol: Balanced Care Corporation-- BAL
Date of Event Requiring Statement: October 11, 1999
EXPLANATION OF RESPONSES
(1) For a limited period of time by Voting Agreement dated 10/8/99 between
IPC Advisors S.A.R.L. and certain shareholders of Issuer. The LMR
Family Trust, LMR Investments Limited, IPC Advisors S.A.R.L. and
Caledonian Bank & Trust Limited disclaim beneficial ownership of such
shares. Following the occurrence of the Issuer's annual meeting of
stockholders for 1999, the Voting Agreement shall automatically
terminate and the Reporting "Entities" will no longer have voting
rights in connection with these shares.
(2) Immediately.
(3) These shares are owned directly by IPC Advisors S.A.R.L. These shares
are owned indirectly by LMR Investments Limited, as the sole
shareholder of IPC Advisors S.A.R.L., by The LMR Family Trust, as the
sole shareholder of LMR Investments Limited, and by Caledonian Bank &
Trust Limited, as the trustee of The LMR Family Trust.
Page 3 of 6
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Name and Address of Designated Filer: The LMR Family Trust
Caledonian Bank & Trust Limited
Caledonian House
P.O. Box 1043
Grand Cayman, BWI
Issuer Name and Ticker Symbol: Balanced Care Corporation-- BAL
Date of Event Requiring Statement: October 11, 1999
JOINT FILER INFORMATION
Name: IPC Advisors S.A.R.L.
Address: 38-40 Rue Sainte Zithe
L-2763 Luxembourg
Designated Filer: The LMR Family Trust
Issuer & Ticker Symbol: Balanced Care Corporation-- BAL
Date of Event Requiring Statement: October 11, 1999
Signature: ___________________________________
By: Robin L. Barber
For: J.B. Unsworth on behalf of IPC
Advisors S.A.R.L.
Page 4 of 6
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Name and Address of Designated Filer: The LMR Family Trust
Caledonian Bank & Trust Limited
Caledonian House
P.O. Box 1043
Grand Cayman, BWI
Issuer Name and Ticker Symbol: Balanced Care Corporation-- BAL
Date of Event Requiring Statement: October 11, 1999
JOINT FILER INFORMATION
Name: LMR Investments Limited
Address: Coutts House West Bay Road
P.O. Box 707
Grand Cayman, BWI
Designated Filer: The LMR Family Trust
Issuer & Ticker Symbol: Balanced Care Corporation-- BAL
Date of Event Requiring Statement: October 11, 1999
Signature: ___________________________________
By: Robin L. Barber
For: J.B. Unsworth on behalf of LMR
Investments Limited
Page 5 of 6
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Name and Address of Designated Filer: The LMR Family Trust
Caledonian Bank & Trust Limited
Caledonian House
P.O. Box 1043
Grand Cayman, BWI
Issuer Name and Ticker Symbol: Balanced Care Corporation-- BAL
Date of Event Requiring Statement: October 11, 1999
JOINT FILER INFORMATION
Name: Caledonian Bank & Trust Limited
Address: Caledonian House
P.O. Box 1043
George Town, Grand Cayman
Cayman Islands
Designated Filer: The LMR Family Trust
Issuer & Ticker Symbol: Balanced Care Corporation-- BAL
Date of Event Requiring Statement: October 11, 1999
Signature: ___________________________________
By: Robin L. Barber
For: Caledonian Bank & Trust Limited
in its capacity as Trustee of The
LMR Family Trust
Page 6 of 6