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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
eSoft, Incorporated
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(Name of Issuer)
Common Stock, Par Value $.01 Per Share
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(Title of Class of Securities)
N/A
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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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CUSIP NO. / SCHEDULE 13G PAGE 2 OF 7
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- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Opus Capital Fund, LLC
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Colorado
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
350,000
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6 SHARED VOTING POWER
NUMBER OF - 0 -
SHARES -------------------------------------------------------
BENEFICIALLY 7 SOLE DISPOSITIVE POWER
OWNED BY
EACH 350,000
REPORTING
PERSON -------------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
- 0 -
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
437,500
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
13.9%
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12 TYPE OF REPORTING PERSON
Colorado Limited Liability Corporation
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CUSIP NO. / SCHEDULE 13G PAGE 3 OF 7
================================================================================
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Opus Capital Fund, LLP
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Colorado
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
350,000
-------------------------------------------------------
6 SHARED VOTING POWER
NUMBER OF
SHARES - 0 -
BENEFICIALLY
OWNED BY -------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 350,000
WITH
-------------------------------------------------------
8 SHARED DISPOSITIVE POWER
- 0 -
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
437,500
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
13.9%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
Colorado Limited Liability Partnership
- --------------------------------------------------------------------------------
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CUSIP NO. / SCHEDULE 13G PAGE 4 OF 7
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Item 1.
(a) Name of Issuer:
(b) Address of Issuer's Principal Executive Offices:
eSoft, Incorporated
5335 Sterling Drive
Boulder, CO 80301
Item 2. (a) Name of Person Filing:
(b) Address of Principal Business Office:
(c) Citizenship:
Opus Capital Fund, LLC
1113 Spruce Street
Boulder, CO 80302
( A Colorado Limited Liability Corporation)
Opus Capital Fund, LLP
1113 Spruce Street
Boulder, CO 80302
( A Colorado Limited Liability Partnership)
(d) Title of Class of Securities: Common Stock
(e) CUSIP Number: N/A
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or
13d-2(b), check whether the person filing is a:
(a) [X] This statement is filed pursuant to Section 24013d-1(c).
(b) [ ] Broker or Dealer registered under Section 15 of the Act:
Not applicable
(c) [ ] Bank as defined in Section 3(a)(6) of the Act:
Not applicable
(d) [ ] Insurance Company as defined in Section 3(a)(19) of the
Act:
Not applicable
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CUSIP NO. / SCHEDULE 13G PAGE 5 OF 7
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(e) [ ] Investment Company registered under Section 8 of the
Investment Company Act:
Not applicable
(f) [ ] Investment Adviser registered under Section 203 of the
Investment Advisers Act of 1940:
Not applicable
(g) [ ] Employee Benefit Plan, Pension Fund which is subject to
the provisions of the Employee Retirement Income Security Act
of 1974 or Endowment Fund (SEE 13d-1(b)(1)(ii)(F)):
Not applicable
(h) [ ] Parent Holding Company, in accordance with Rule 13d-
1(b)(ii)(G)
Not applicable
Item 4. Ownership: (See Exhibit A)
Opus Capital Fund, LLC
Managed by Opus Capital Fund, LLP
(a) Amount Beneficially Owned: 437,500
(b) Percent of Class: 13.9%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 350,000
(ii) Shared power to vote or to direct the vote: none
(iii) Sole power to dispose or to direct the disposition of:
350,000
(iv) Shared power to dispose or to direct the disposition of:
none
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
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CUSIP NO. / SCHEDULE 13G PAGE 6 OF 7
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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
Item 10. Certification:
Because this statement is filed pursuant to Rule 13d-1 (b), the
following certification is included:
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired and are held in the
ordinary course of business and were not acquired and are not held for the
purpose 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.
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CUSIP NO. / SCHEDULE 13G PAGE 7 OF 7
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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: March _____, 1998
Opus Capital Fund, LLC.
/s/ K. Dieter Heidrich
-------------------------------------
Manager
Opus Capital Fund, LLP.
/s/ K. Dieter Heidrich
-------------------------------------
Manager
EXHIBIT A
Ownership:
Opus Capital Fund, LLC (the "Fund") is the registered owner of the
shares described herein. The Fund is managed by Opus Capital LLP. K. Dieter
Heidrich, as Managing Director of Opus Capital LLP, is responsible for all
investment decisions and votes the shares of eSoft, Inc. owned
by the Fund. Opus Capital LLP does not directly own any common stock of eSoft,
Inc.
