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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b) (c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
(AMENDMENT NO. ___)(1)
FRISBY TECHNOLOGIES, INC.
(Name of Issuer)
COMMON STOCK, $ .001 PAR VALUE
(Title of Class of Securities)
358743102
(CUSIP Number)
CHECK THE APPROPRIATE BOX TO DESIGNATE THE RULE PURSUANT TO WHICH THIS SCHEDULE
IS FILED:
/ / RULE 13d-1(b)
/ / RULE 13d-1(c)
/x/ RULE 13d-1(d)
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(1) 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 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 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. 358743102 13G PAGE 2 OF 2 PAGES
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Dott. Luca Bassani Antivari
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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
Italy
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5 SOLE VOTING POWER
NUMBER 1,049,827 (includes 452,327 shares of Common
Stock and 587,500 shares of Convertible
OF SHARES Preferred Stock owned by MUSI Investments, S.A.)
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BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY None
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EACH 7 SOLE DISPOSITIVE POWER
REPORTING 1,049,827 (includes 452,327 shares of Common
Stock and 587,500 shares of Convertible
PERSON WITH Preferred Stock owned by MUSI Investments, S.A.)
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8 SHARED DISPOSITIVE POWER
None
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,049,827 (includes 452,327 shares of Common Stock and 587,500 shares
of Convertible Preferred Stock owned by MUSI Investments, S.A.)
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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)
20.5 %
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12 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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ITEM 1(a). NAME OF ISSUER:
Frisby Technologies, Inc.
ITEM 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
77 East Main Street
Suite 2000
Bay Shore, New York 11706
ITEM 2(a) NAME OF PERSON FILING:
Dott. Luca Bassani Antivari
ITEM 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
c/o CMB Compagnie Monegasque de Banque
23 Avenue de la Costa, BP#167
Monaco, Monte Carlo 98000
ITEM 2(c) CITIZENSHIP:
Italy
ITEM 2(d) TITLE OF CLASS OF SECURITIES:
Common Stock, $ .001 par value
ITEM 2(e) CUSIP NUMBER:
358743102
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:
Not applicable
ITEM 4. OWNERSHIP.
Provide the following information regarding the aggregate
number and percentage of the class of securities of the
issuer identified in Item 1.
(a) AMOUNT BENEFICIALLY OWNED:
1,049,827 (includes 452,327 shares of Common Stock and 587,500
shares of Convertible Preferred Stock owned by MUSI
Investments, S.A.)
(b) PERCENT OF CLASS:
20.5 %
(c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(i) SOLE POWER TO VOTE OR TO DIRECT THE VOTE
1,049,827 (includes 452,327 shares of Common Stock and 587,500
shares of Convertible Preferred Stock owned by MUSI
Investments, S.A.)
(ii) SHARED POWER TO VOTE OR TO DIRECT THE VOTE
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None
(iii) SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF
1,049,827 (includes 452,327 shares of Common Stock and 587,500
shares of Convertible Preferred Stock owned by MUSI
Investments, S.A.)
(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
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. CERTIFICATIONS.
By signing below, I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired in
the ordinary course of business and were not acquired for the
purpose and do not have the effect of changing or influencing
the control of the issuer of such securities and were not
acquired in connection with or as a participant in any
transaction having such purposes 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.
2/11/99
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(Date)
/s/ Dott. Luca Bassani Antivari
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(Signature)
Dott. Luca Bassani Antivari
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Dott. Luca Bassani Antivari
2
