SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Act of 1934
(Amendment No. 2)
ENVIROKARE TECH, INC.
(Name of Issuer)
Common Shares
(Title of Class of Securities)
29404N-209
(CUSIP Number)
Robert Davidson
Envirokare Tech, Inc.
2470 Chandler Avenue, Suite 5
Las Vegas, Nevada 89120
Tel.: 702-262-1999 Fax: 702-262-1909
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
December 21, 2000
(Date of Event which Requires Filing of This Statement)
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CUSIP No. 29404N-209 Page 2 of 3
SCHEDULE 13D
________________________________________________________________________________
1 NAME OF REPORTING PERSON ARCADE INVESTMENTS LIMITED
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS
WC
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
The Bahamas
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF 10,650,000 (see No. 11, below)
SHARES _________________________________________________________________
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 0
REPORTING _________________________________________________________________
PERSON 9 SOLE DISPOSITIVE POWER
WITH
10,650,000 (see No. 11, below)
_________________________________________________________________
10 SHARED DISPOSITIVE POWER
0
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Convertible Preferred Shares (500,000 shares, each convertible 10,000,000
into Twenty (20) shares of the Issuer's Common Stock)
Common Shares 650,000
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
44.8%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON
IV, CO
________________________________________________________________________________
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CUSIP No. 29404N-209 Page 3 of 3
The Statement on Schedule 13D, dated March 3, 2000, initially filed by the
undersigned, ARCADE INVESTMENTS LIMITED ("ARCADE"), as amended by Amendment No.
1, dated March 20, 2000 (as so amended, the "Schedule 13D"), is hereby further
amended by this Amendment No. 2, dated January 3, 2001, to reflect certain
changes in the information previously filed by ARCADE relating to the
outstanding Common Stock, par value $.001 per share (the "Common Stock"), of
Envirokare Tech, Inc. (the "Issuer"). Unless otherwise specified, all
capitalized terms herein have the meanings assigned to them in the Schedule 13D.
NOTE: The percentage ownership calculations in this Amendment No. 2 used
11,289,478 shares of the Issuer's Common Stock outstanding at December 20, 2000
plus 2,500,000 additional shares issued by the Issuer on December 21, 2000,
totaling 13,789,478 shares of Common Stock outstanding.
Item 5. Interest in Securities of the Issuer
Item 5(a) is hereby amended and restated to read in its entirety as
follows:
(a) Aggregate number
of securities 500,000 shares of Series A Convertible
Preferred Stock, each convertible at any
time until 10/13/01, into twenty (20)
shares of Common Stock of the Issuer.
Equivalent position therefore 10,000,000
shares of Common Stock of the Issuer.
650,000 shares of Common Stock
Percentage of class of
securities: 44.8%
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.
Date: January 3, 2001 ARCADE INVESTMENTS LIMITED
By: /s/ E. Isaac Collie
--------------------------------
Name: E. Isaac Collie
Title: President/Director
