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OMB Approval
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OMB Number: 3235-0145
Expires: October 31, 1994
Estimated average burden
hours per response..............14.90
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. ________________)*
BIONUTRICS, INC.
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
090946 10 4
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(CUSIP Number)
*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 on 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 (the "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. 090946 10 4 13G Page 2 of 6 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
R.H. LANE LIMITED PARTNERSHIP
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
ARIZONA
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NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY -0-
OWNED BY ------------------------------------------------
EACH 6 SHARED VOTING POWER
REPORTING
PERSON 3,631,919
WITH ------------------------------------------------
7 SOLE DISPOSITIVE POWER
-0-
------------------------------------------------
8 SHARED DISPOSITIVE POWER
3,631,919
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,631,919
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*/ /
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
20.29%
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12 TYPE OF REPORTING PERSON*
PN
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CUSIP No. 090946 10 4 13G Page 3 of 6 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
RONALD H. LANE
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
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NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 253,333
OWNED BY ------------------------------------------------
EACH 6 SHARED VOTING POWER
REPORTING
PERSON 3,631,919
WITH ------------------------------------------------
7 SOLE DISPOSITIVE POWER
253,333
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8 SHARED DISPOSITIVE POWER
3,631,919
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,885,252
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*/ /
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
21.41%
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12 TYPE OF REPORTING PERSON*
IN
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CUSIP No. 090946 10 4 Page 4 of 6 Pages
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ITEM 1.
(a) Name of Issuer - Bionutrics, Inc.
(b) Address of Issuer's Principal Executive Offices
2425 East Camelback Road, Suite 650
Phoenix, Arizona 85016
ITEM 2.
(a) Name of Persons Filing - R.H. Lane Limited Partnership and
Ronald H. Lane
(b) Address of Principal Business Office or, if none, Residence
2425 East Camelback Road, Suite 650
Phoenix, Arizona 85016
(c) Citizenship or Place of Organization -
- R.H. Lane Limited Partnership: Arizona
- Ronald H. Lane: United States
(d) Title of Class of Securities - Common Stock
(e) CUSIP Number - 090946 10 4
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) / / Broker or Dealer registered under Section 15 of the
Act
(b) / / Bank as defined in section 3(a)(6) of the Act
(c) / / Insurance Company as defined in section 3(a)(19) of
the Act
(d) / / Investment Company registered under section 8 of the
Investment Company Act
(e) / / Investment Adviser registered under section 203 of
the Investment Advisers Act of 1940
(f) / / Employee Benefit Plan, Pension Fund which is subject
to the provisions of the Employee Retirement Income
Security Act of 1974 or Endowment Fund; see
Section 240.13d-1(b)(1)(ii)(F)
(g) / / Parent Holding Company, in accordance with
Section 240.13d-1(b)(ii)(G)
(h) / / Group, in accordance with Section 240.13d-1(b)(1)(ii)
(H)
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CUSIP No. 090946 10 4 Page 5 of 6 Pages
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ITEM 4. OWNERSHIP
If the percent of the class owned, as of December 31 of the year
covered by the statement, or as of the last day of any month described in Rule
13d-1(b)(2), if applicable, exceeds five percent, provide the following
information as of that date and identify those shares which there is a right to
acquire.
(a) Amount Beneficially Owned - 3,885,252*
(b) Percent of Class - 21.41% (including options); 20.29%
(excluding options)
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote - 253,333
(Mr. Lane)
(ii) shared power to vote or to direct the vote -
3,631,919
(iii) sole power to dispose or to direct the disposition
of - 253,333 (Mr. Lane)
(iv) shared power to dispose or to direct the disposition
of - 3,631,919
*Includes 253,333 shares issuable upon exercise of options
held by Mr. Lane. Ronald H. Lane disclaims beneficial ownership of all shares
held by the R.H. Lane Limited Partnership except to the extent that his
individual interest in such shares arises from his interest in such entity.
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
Limited and general partners of the R.H. Lane Limited Partnership have the
right to receive dividends and sale proceeds from the shares. The only limited
partner who has a right to receive dividends and proceeds from shares held by
the partnership that represent more than 5% of the shares outstanding is Sandy
Lane, the wife of Ronald H. Lane. The only general partner with a more than 5%
interest is Ronald H. Lane.
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
Not Applicable.
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CUSIP No. 090946 10 4 Page 6 of 6 Pages
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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.
2/20/98
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Date
/s/ Ronald H. Lane
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Signature
Ronald H. Lane, General Partner
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Name/Title
2/20/98
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/s/ Ronald H. Lane
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Signature
Ronald H. Lane
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Name/Title
