CUSIP No. 33831C-10-9 13G Page 1 of 16 Pages
SCHEDULE 13G
(Rule 13d-102)
Information to be Included in Statements Filed Pursuant
to Rule 13d-1(b) and (c) and Amendments Thereto Filed
Pursuant to Rule 13d-2(b)
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Fix-Corp International, Inc.
(Name of Issuer)
Common Stock $.001 par value per share
(Title of Class of Securities)
33831C-10-9
(CUSIP Number)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-(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 disclosures provided in a prior cover page.
The information required on 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).
<PAGE>
CUSIP No. 33831C-10-9 13G Page 2 of 16 Pages
_______________________________________________________________________________
1 Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons
(Entities Only)
Gordon Brothers Capital, LLC
_______________________________________________________________________________
2 Check the Appropriate Box if a Member of a Group (a) [ ]
(See Instructions) (b) [X]
_______________________________________________________________________________
3 SEC Use Only
_______________________________________________________________________________
4 Citizenship or Place of Organization
Delaware
_______________________________________________________________________________
Number of 5 Sole Voting Power
Shares 1,500,000
Beneficially ______________________________________________________________
Owned by 6 Shared Voting Power
Each
Reporting ______________________________________________________________
Person With 7 Sole Dispositive Power
1,500,000
______________________________________________________________
8 Shared Dispositive Power
_______________________________________________________________________________
9 Aggregate Amount Beneficially Owned by Each Reporting Person
2,398,267
_______________________________________________________________________________
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares
[ ] See Instructions)
_______________________________________________________________________________
11 Percent of Class Represented by Amount in Row (11)
7.9%
_______________________________________________________________________________
12 Type of Reporting Person (See Instructions)
00
_______________________________________________________________________________
<PAGE>
CUSIP No. 33831C-10-9 13G Page 3 of 16 Pages
_______________________________________________________________________________
1 Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons
(Entities Only)
Michael G. Frieze
_______________________________________________________________________________
2 Check the Appropriate Box if a Member of a Group (a) [ ]
(See Instructions) (b) [X]
_______________________________________________________________________________
3 SEC Use Only
_______________________________________________________________________________
4 Citizenship or Place of Organization
U.S.
_______________________________________________________________________________
Number of 5 Sole Voting Power
Shares 220,000
Beneficially ___________________________________________________________
Owned by 6 Shared Voting Power
Each
Reporting ___________________________________________________________
Person With 7 Sole Dispositive Power
220,000
___________________________________________________________
8 Shared Dispositive Power
_______________________________________________________________________________
9 Aggregate Amount Beneficially Owned by Each Reporting Person
2,398,367
_______________________________________________________________________________
10 Check if the Aggregate Amount in Row (11) Excludes Certain Shares
[ ] (See Instructions)
_______________________________________________________________________________
11 Percent of Class Represented by Amount in Row (11)
7.9%
_______________________________________________________________________________
12 Type of Reporting Person (See Instructions)
IN
_______________________________________________________________________________
<PAGE>
CUSIP No. 33831C-10-9 13G Page 4 of 16 Pages
_______________________________________________________________________________
1 Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons
(Entities Only)
Alan R. Goldstein
_______________________________________________________________________________
2 Check the Appropriate Box if a Member of a Group (a) [ ]
(See Instructions) (b) [X]
_______________________________________________________________________________
3 SEC Use Only
_______________________________________________________________________________
4 Citizenship or Place of Organization
U.S.
_______________________________________________________________________________
Number of 5 Sole Voting Power
Shares 25,000
Beneficially __________________________________________________________
Owned by 6 Shared Voting Power
Each
Reporting __________________________________________________________
Person With 7 Sole Dispositive Power
25,000
__________________________________________________________
8 Shared Dispositive Power
_______________________________________________________________________________
9 Aggregate Amount Beneficially Owned by Each Reporting Person
2,398,267
_______________________________________________________________________________
10 Check if the Aggregate Amount in Row (11) Excludes Certain Shares
[ ] (See Instructions)
_______________________________________________________________________________
11 Percent of Class Represented by Amount in Row (11)
7.9%
_______________________________________________________________________________
12 Type of Reporting Person (See Instructions)
IN
_______________________________________________________________________________
<PAGE>
CUSIP No. 33831C-10-9 13G Page 5 of 16 Pages
_______________________________________________________________________________
1 Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons
(Entities Only)
Deborah E. Frieze
_______________________________________________________________________________
2 Check the Appropriate Box if a Member of a Group (a) [ ]
(See Instructions) (b) [X]
_______________________________________________________________________________
3 SEC Use Only
_______________________________________________________________________________
4 Citizenship or Place of Organization
U.S.
_______________________________________________________________________________
Number of 5 Sole Voting Power
Shares 35,000
Beneficially ______________________________________________________
Owned by 6 Shared Voting Power
Each
Reporting ______________________________________________________
Person With 7 Sole Dispositive Power
35,000
______________________________________________________
8 Shared Dispositive Power
_______________________________________________________________________________
9 Aggregate Amount Beneficially Owned by Each Reporting Person
2,398,267
_______________________________________________________________________________
10 Check if the Aggregate Amount in Row (11) Excludes Certain Shares
[ ] (See Instructions)
_______________________________________________________________________________
11 Percent of Class Represented by Amount in Row (11)
7.9%
_______________________________________________________________________________
12 Type of Reporting Person (See Instructions)
IN
_______________________________________________________________________________
<PAGE>
CUSIP No. 33831C-10-9 13G Page 6 of 16 Pages
_______________________________________________________________________________
1 Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons
(Entities Only)
Kenneth S. Frieze
_______________________________________________________________________________
2 Check the Appropriate Box if a Member of a Group (a) [ ]
(See Instructions) (b) [x]
_______________________________________________________________________________
3 SEC Use Only
_______________________________________________________________________________
4 Citizenship or Place of Organization
U.S.
_______________________________________________________________________________
Number of 5 Sole Voting Power
Shares 35,000
Beneficially _______________________________________________________
Owned by 6 Shared Voting Power
Each
Reporting _______________________________________________________
Person With 7 Sole Dispositive Power
35,000
_______________________________________________________
8 Shared Dispositive Power
_______________________________________________________________________________
9 Aggregate Amount Beneficially Owned by Each Reporting Person
2,398,267
_______________________________________________________________________________
10 Check if the Aggregate Amount in Row (11) Excludes Certain Shares
[ ] (See Instructions)
_______________________________________________________________________________
11 Percent of Class Represented by Amount in Row (11)
7.9%
_______________________________________________________________________________
12 Type of Reporting Person (See Instructions)
IN
_______________________________________________________________________________
<PAGE>
CUSIP No. 33831C-10-9 13G Page 7 of 16 Pages
_______________________________________________________________________________
1 Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons
(Entities Only)
David M. Frieze
_______________________________________________________________________________
2 Check the Appropriate Box if a Member of a Group (a) [ ]
(See Instructions) (b) [X]
_______________________________________________________________________________
3 SEC Use Only
_______________________________________________________________________________
4 Citizenship or Place of Organization
U.S.
_______________________________________________________________________________
Number of 5 Sole Voting Power
Shares 35,000
Beneficially ________________________________________________________
Owned by 6 Shared Voting Power
Each
Reporting ________________________________________________________
Person With 7 Sole Dispositive Power
35,000
________________________________________________________
8 Shared Dispositive Power
_______________________________________________________________________________
9 Aggregate Amount Beneficially Owned by Each Reporting Person
2,398,267
_______________________________________________________________________________
10 Check if the Aggregate Amount in Row (11) Excludes Certain Shares
[ ] (See Instructions)
_______________________________________________________________________________
11 Percent of Class Represented by Amount in Row (11)
7.9%
_______________________________________________________________________________
12 Type of Reporting Person (See Instructions)
IN
_______________________________________________________________________________
<PAGE>
CUSIP No. 33831C-10-9 13G Page 8 of 16 Pages
_______________________________________________________________________________
1 Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons
(Entities Only)
Unicorn Limited Partnership
_______________________________________________________________________________
2 Check the Appropriate Box if a Member of a Group (a) [ ]
(See Instructions) (b) [X]
_______________________________________________________________________________
3 SEC Use Only
_______________________________________________________________________________
4 Citizenship or Place of Organization
New York
_______________________________________________________________________________
Number of 5 Sole Voting Power
Shares 143,800
Beneficially _____________________________________________________
Owned by 6 Shared Voting Power
Each
Reporting _____________________________________________________
Person With 7 Sole Dispositive Power
143,800
_____________________________________________________
8 Shared Dispositive Power
_______________________________________________________________________________
9 Aggregate Amount Beneficially Owned by Each Reporting Person
2,398,267
_______________________________________________________________________________
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares
[ ] (See Instructions)
_______________________________________________________________________________
11 Percent of Class Represented by Amount in Row (11)
7.9%
_______________________________________________________________________________
12 Type of Reporting Person (See Instructions)
PN
_______________________________________________________________________________
<PAGE>
CUSIP No. 33831C-10-9 13G Page 9 of 16 Pages
_______________________________________________________________________________
1 Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons
(Entities Only)
Warren H. Feder
_______________________________________________________________________________
2 Check the Appropriate Box if a Member of a Group (a) [ ]
(See Instructions) (b) [X]
_______________________________________________________________________________
3 SEC Use Only
_______________________________________________________________________________
4 Citizenship or Place of Organization
U.S.
_______________________________________________________________________________
Number of 5 Sole Voting Power
Shares 181,800
Beneficially _______________________________________________________
Owned by 6 Shared Voting Power
Each
Reporting _______________________________________________________
Person With 7 Sole Dispositive Power
181,800
_______________________________________________________
8 Shared Dispositive Power
_______________________________________________________________________________
9 Aggregate Amount Beneficially Owned by Each Reporting Person
2,398,267
_______________________________________________________________________________
10 Check if the Aggregate Amount in Row (11) Excludes Certain Shares
[ ] (See Instructions)
_______________________________________________________________________________
11 Percent of Class Represented by Amount in Row (11)
7.9%
_______________________________________________________________________________
12 Type of Reporting Person (See Instructions)
IN
_______________________________________________________________________________
<PAGE>
CUSIP No. 33831C-10-9 13G Page 10 of 16 Pages
_______________________________________________________________________________
1 Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons
(Entities Only)
Patrick Lagrange
_______________________________________________________________________________
2 Check the Appropriate Box if a Member of a Group (a) [ ]
(See Instructions) (b) [X]
_______________________________________________________________________________
3 SEC Use Only
_______________________________________________________________________________
4 Citizenship or Place of Organization
U.S.
_______________________________________________________________________________
Number of 5 Sole Voting Power
Shares 14,334
Beneficially _________________________________________________________
Owned by 6 Shared Voting Power
Each
Reporting _________________________________________________________
Person With 7 Sole Dispositive Power
14,334
_________________________________________________________
8 Shared Dispositive Power
_______________________________________________________________________________
9 Aggregate Amount Beneficially Owned by Each Reporting Person
2,398,267
_______________________________________________________________________________
10 Check if the Aggregate Amount in Row (11) Excludes Certain Shares
[ ] (See Instructions)
_______________________________________________________________________________
11 Percent of Class Represented by Amount in Row (11)
7.9%
_______________________________________________________________________________
12 Type of Reporting Person (See Instructions)
IN
_______________________________________________________________________________
<PAGE>
CUSIP No. 33831C-10-9 13G Page 11 of 16 Pages
_______________________________________________________________________________
1 Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons
(Entities Only)
Robert C. Sager
_______________________________________________________________________________
2 Check the Appropriate Box if a Member of a Group (a) [ ]
(See Instructions) (b) [X]
_______________________________________________________________________________
3 SEC Use Only
_______________________________________________________________________________
4 Citizenship or Place of Organization
U.S.
_______________________________________________________________________________
Number of 5 Sole Voting Power
Shares 150,000
Beneficially __________________________________________________________
Owned by 6 Shared Voting Power
Each
Reporting __________________________________________________________
Person With 7 Sole Dispositive Power
150,000
__________________________________________________________
8 Shared Dispositive Power
_______________________________________________________________________________
9 Aggregate Amount Beneficially Owned by Each Reporting Person
2,398,267
_______________________________________________________________________________
10 Check if the Aggregate Amount in Row (11) Excludes Certain Shares
[ ] (See Instructions)
_______________________________________________________________________________
11 Percent of Class Represented by Amount in Row (11)
7.9%
_______________________________________________________________________________
12 Type of Reporting Person (See Instructions)
IN
_______________________________________________________________________________
<PAGE>
CUSIP No. 33831C-10-9 13G Page 12 of 16 Pages
_______________________________________________________________________________
1 Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons
(Entities Only)
Natalie W. Jacobson
_______________________________________________________________________________
2 Check the Appropriate Box if a Member of a Group (a) [ ]
(See Instructions) (b) [X]
_______________________________________________________________________________
3 SEC Use Only
_______________________________________________________________________________
4 Citizenship or Place of Organization
U.S.
_______________________________________________________________________________
Number of 5 Sole Voting Power
Shares 58,333
Beneficially _________________________________________________________
Owned by 6 Shared Voting Power
Each
Reporting _________________________________________________________
Person With 7 Sole Dispositive Power
58,333
_________________________________________________________
8 Shared Dispositive Power
_______________________________________________________________________________
9 Aggregate Amount Beneficially Owned by Each Reporting Person
2,398,267
_______________________________________________________________________________
10 Check if the Aggregate Amount in Row (11) Excludes Certain Shares
[ ] (See Instructions)
_______________________________________________________________________________
11 Percent of Class Represented by Amount in Row (11)
7.9%
_______________________________________________________________________________
12 Type of Reporting Person (See Instructions)
IN
_______________________________________________________________________________
<PAGE>
CUSIP No. 33831C-10-9 13G Page 13 of 16 Pages
Item 1(a) Name of Issuer: Fix-Corp International, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
3637 South Green Road, Suite 201, Beachwood, Ohio 44122
Item 2(a) Name of Person Filing: This statement is being jointly filed by
the persons (the "Filing Persons") who are listed on Annex A hereto
("Annex A").The Filing Persons may be deemed to constitute a "group"
for purposes of Section 13(d) under the Securities Exchange Act of
1934, by reason of their employment and family relationships. The
Filing Persons do not, by reason of the filing of this Schedule 13G,
thereby admit that they have formed a "group" within the meaning of
Section 13(d).
Item 2(b) Address of Principal Business Office or, if none, Residence:
Information with respect to the Principal Business Office or
Residence of each Filing Person is set forth on Annex A.
Item 2(c) Citizenship: Each of the individual Filing Persons is a citizen of
the United States of America. Gordon Brothers Capital, LLC is a
Delaware limited liability company. Unicorn Limited Partnership is
a New York limited partnership.
Item 2(d) Title of Class of Securities: Common Stock
Item 2(e) CUSIP Number: 33831C-10-9
Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b) or 13d-2(b) or (c),
Check Whether the Person Filing is a:
(a) ___ Broker or dealer registered under section 15 of the Exchange Act.
(b) ___ Bank as defined in section 3(a)(6) of the Exchange Act.
(c) ___ Insurance Company as defined in section 3(a)(19) of the Exchange
Act.
(d) ___ Investment Company registered under section 8 of the Investment
Company Act.
(e) ___ An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E).
(f) ___ An employee benefit plan or endowment funds in accordance with
Rule 13d-1(b)(1)(ii)(F).
(g) ___ A parent holding company or control person in accordance with
Rule 13d-1(b)(1)(ii)(G).
(h) ___ A savings association as defined in Section 3(b) of the Federal
Deposit Insurance Act.
(i) ___ A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the Investment
Company Act.
(j) ___ Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to Rule 13d-1(c), check this box [X].
<PAGE>
CUSIP No. 33831C-10-9 13G Page 14 of 16 Pages
Item 4. Ownership.
By virtue of employment and family relationships, the Filing Persons may be
deemed to be a "group" for purposes of Section 13(d) of the Securities Exchange
Act of 1934, and, as a member of a group, each of the Filing Persons may be
deemed to be the beneficial owner of 2,398,267 (or 7.9%) of the outstanding
shares of the Issuer's Common Stock. Each of the Filing Persons disclaims
beneficial ownership of the shares of Common Stock owned by each other Filing
Person. See each individual Filing Person's responses to Items 5, 6, 7 and 8 on
their respective cover pages to this Schedule 13G, which responses are
incorporated herein by reference.
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 either 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.
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
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
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.
Item 11. Exhibits
1. Joint Filing Agreement dated May 8, 1998 of each of the Filing Persons*
2. Powers of Attorney*
*Incorporated by reference to Exhibits filed with Schedule 13G filed on May 11,
1998.
<PAGE>
CUSIP No. 33831C-10-9 13G Page 15 of 16 Pages
SIGNATURES
After reasonable inquiry and to the best of our knowledge and belief, we
certify that the information set forth in this statement is true, complete and
correct.
s/ Michael G. Frieze s/ Robert C. Sager
Michael G. Frieze Robert C. Sager by
Michael G. Freize, Attorney in Fact
s/ Michael G. Frieze s/ Michael G. Frieze
Warren H. Feder by Patrick Lagrange by
Michael G. Freize, Attorney in Fact Michael G. Freize, Attorney in Fact
s/ Michael G. Frieze s/ Michael G. Frieze
Deborah E. Frieze by Alan R. Goldstein by
Michael G. Freize, Attorney in Fact Michael G. Freize, Attorney in Fact
s/ Michael G. Frieze Gordon Brothers Capital, LLC
Kenneth S. Frieze by
Michael G. Freize, Attorney in Fact
s/ Michael G. Frieze s/ Michael G. Frieze
David M. Frieze by By: Michael G. Frieze
Michael G. Freize, Attorney in Fact Its: Manager
s/ Michael G. Frieze Unicorn Limited Partnership
Natalie W. Jacobson by
Michael G. Freize, Attorney in Fact
s/ Judith Lowenstein
By: Judith Lowenstein
Its: General Partner
Dated: February __, 1999
<PAGE>
CUSIP No. 33831C-10-9 13G Page 16 of 16 Pages
ANNEX A
Residence or Business
Name of Person Filing Address of Filing Person
(Item 2(a)) (Item 2(b))
Michael G. Frieze 40 Broad Street, 11th Floor
Boston, Massachusetts 02109
Alan R. Goldstein 40 Broad Street, 11th Floor
Boston, Massachusetts 02109
Robert C. Sager 40 Broad Street, 11th Floor
Boston, Massachusetts 02109
Unicorn Limited Partnership 136 East 64th Street, #8B
c/o Judith Lowenstein New York, New York 10021-7360
Warren H. Feder 126 East 56th Street
New York, New York 10022
Natalie W. Jacobson 126 East 56th Street
New York, New York 10022
Patrick Lagrange 126 East 56th Street
New York, New York 10022
Gordon Brothers Capital, LLC 126 East 56th Street
New York, New York 10022
David Frieze 1009 Elm Street
Austin, Texas 78703
Kenneth Frieze 430 Marlboro Street, Unit 1
Boston, Massachusetts 02115
Deborah Frieze 170 Windsor Road
Waban, Massachusetts 02168
