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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION ----------------------------
Washington, DC 20549 OMB APPROVAL
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SCHEDULE 13D OMB Number: 3235-0145
Under the Securities Exchange Act of 1934 Expires: October 31, 2002
(Amendment No. 1)* Estimated average burden
hours per response......14.9
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Ranger Industries, Inc.
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(Name of Issuer)
Common Stock, par value $0.01
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(Title of Class of Securities)
75907105
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(CUSIP Number)
John N. Turitzin
Paul, Hastings, Janofsky & Walker LLP
399 Park Avenue
New York, New York 10022
--------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
December 29, 2000
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(Date of Event which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check
the following box. [_]
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Section 240.13d-7 for
other parties to whom copies are to be sent.
* 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).
SEC 1746 (2-98) Potential persons who are to respond to the collection of
information contained in this form are not required to respond
unless the form displays a currently valid OMB control number.
<PAGE>
CUSIP No.
________________________________________________________________________________
1. Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only).
Pure Group, Inc.
________________________________________________________________________________
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) /x/
(b) /_/
________________________________________________________________________________
3. Sec Use Only
________________________________________________________________________________
4. Source of Funds (See Instructions)
WC
________________________________________________________________________________
5. Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e) [_]
________________________________________________________________________________
6. Citizenship or Place of Organization
Delaware
________________________________________________________________________________
7. Sole Voting Power
1,102,100
________________________________________________________________
Number of 8. Shared Voting Power
Shares
Beneficially 0
Owned by ________________________________________________________________
Each 9. Sole Dispositive Power
Reporting
Person 1,102,100
With ________________________________________________________________
10. Shared Dispositive Power
0
________________________________________________________________________________
11. Aggregate Amount Beneficially Owned by Each Reporting Person
1,102,100
________________________________________________________________________________
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) [_]
________________________________________________________________________________
13. Percent of Class Represented by Amount in Row (11)
20.9%
________________________________________________________________________________
14. Type of Reporting Person (See Instructions)
CO
________________________________________________________________________________
2
<PAGE>
CUSIP No.
________________________________________________________________________________
1. Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only).
Tangible Media, Inc
________________________________________________________________________________
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) /x/
(b) /_/
________________________________________________________________________________
3. Sec Use Only
________________________________________________________________________________
4. Source of Funds (See Instructions)
OO
________________________________________________________________________________
5. Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e) [_]
________________________________________________________________________________
6. Citizenship or Place of Organization
Delaware
________________________________________________________________________________
7. Sole Voting Power
34,037
________________________________________________________________
Number of 8. Shared Voting Power
Shares
Beneficially 0
Owned by ________________________________________________________________
Each 9. Sole Dispositive Power
Reporting
Person 34,037
With ________________________________________________________________
10. Shared Dispositive Power
0
________________________________________________________________________________
11. Aggregate Amount Beneficially Owned by Each Reporting Person
34,037
________________________________________________________________________________
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) [_]
________________________________________________________________________________
13. Percent of Class Represented by Amount in Row (11)
Less than 1%
________________________________________________________________________________
14. Type of Reporting Person (See Instructions)
CO
________________________________________________________________________________
3
<PAGE>
CUSIP No.
________________________________________________________________________________
1. Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only).
Isaac Perlmutter
________________________________________________________________________________
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) /x/
(b) /_/
________________________________________________________________________________
3. Sec Use Only
________________________________________________________________________________
4. Source of Funds (See Instructions)
Not Applicable
________________________________________________________________________________
5. Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e) [_]
________________________________________________________________________________
6. Citizenship or Place of Organization
USA
________________________________________________________________________________
7. Sole Voting Power
1,136,137
________________________________________________________________
Number of 8. Shared Voting Power
Shares
Beneficially 0
Owned by ________________________________________________________________
Each 9. Sole Dispositive Power
Reporting
Person 1,136,137
With ________________________________________________________________
10. Shared Dispositive Power
0
________________________________________________________________________________
11. Aggregate Amount Beneficially Owned by Each Reporting Person
1,136,137
________________________________________________________________________________
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) [_]
________________________________________________________________________________
13. Percent of Class Represented by Amount in Row (11)
21.5%
________________________________________________________________________________
14. Type of Reporting Person (See Instructions)
IN
________________________________________________________________________________
4
<PAGE>
Amendment No. 2 to Schedule 13D
This amends the Schedule 13D filed by the Reporting Persons on or
about September 25, 1997 as amended by Amendment No. 1 filed March 12, 1998.
Capitalized terms used herein without definition have the meanings ascribed to
them in the Schedule 13D.
I. Item 4 of the Schedule 13D, "Purpose of Transaction," is hereby
amended to include the following:
"On December 29, 2000, Bumgarner Enterprises, Inc., a Florida
corporation ("Bumgarner"), launched a tender offer for the purchase of up to
4,225,000 of the 5,278,644 outstanding shares of Ranger for $2.00 per share (the
"Tender Offer"). Mr. Perlmutter has agreed to tender, and to cause his assigns
to tender, in the Tender Offer all shares of the Common Stock of the Company
held by him or his assigns, directly or indirectly. In addition, pursuant to the
Agreement to Purchase Shares, dated December 29, 2000, by and between Bumgarner
and Mr. Perlmutter, Bumgarner has agreed to purchase all shares held, directly
or indirectly, by Mr. Perlmutter or his assigns, which are tendered in the
Tender Offer but not purchased because of proration, at a price of $2.00 per
share (the "Stock Purchase Agreement"). That purchase will be made
simultaneously with the closing of the Tender Offer. Mr. Perlmutter has agreed
to resign as a director of the Company as of the closing of the Tender Offer."
II. Items 5(a) and 5(b) of the Schedule 13D, "Interest in Securities
of the Issuer," are hereby amended and restated in their entirety as follows:
"(a)/(b) The table below sets forth the number of shares of Common
Stock beneficially owned by each of the Reporting Persons and the percentage
ownership represented by such shares. Mr. Perlmutter holds sole voting and
dispositive power over the shares held by PGI and TM. The percentages are based
upon 5,278,644 shares outstanding as of March 3, 2000 as reported on the
Company's Annual Report, a Form 10QSB for the quarter ended September 30, 2000.
================================================================================
Sole Voting and Dispositive Power
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Holder Amount Percentage
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PGI 1,102,100 20.9%
TM 34,037 *
Isaac Perlmutter 1,136,137 (1) 21.5%
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(1) Consists of the shares owned by PGI and TM, each of which is wholly
owned by Mr. Perlmutter. Mr. Perlmutter holds sole voting and
dispositive power over the shares held by PGI and TM."
III. Item 6 of the Schedule 13D, "Contracts, Arrangements,
Understandings, or Relationships with Respect to Securities of the Issuer," is
hereby amended to include the following:
"Except for the Stock Purchase Agreement, there are no contracts,
arrangements, understandings or relationships (legal or otherwise) between any
of the Reporting Persons and any other person with respect to any securities of
the Company, including but not limited to transfer of voting of any such
securities, finders' fees, joint ventures, loan or option arrangements, puts or
calls, guarantees of profits, division of profits or loss, or the giving or
withholding of proxies."
IV. Item 7 of the Schedule 13D, "Material to be Filed as Exhibits,"
is hereby amended to include the following:
"Stock Purchase Agreement, dated as of December 29, 2000, by and
between Bumgarner Enterprises, Inc. and Isaac Perlmutter, incorporated herein by
reference to Exhibit 99(d)(7) of the Schedule TO-T filed December 29, 2000 by
Bumgarner with respect to the Tender Offer."
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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: January 4, 2001
Pure Group, Inc. Tangible Media, Inc.
By:/s/ Isaac Perlmutter By:/s/ Isaac Perlmutter
----------------------------- -----------------------------
Name: Isaac Perlmutter Name: Isaac Perlmutter
Title: President Title: Vice President
/s/ Isaac Perlmutter
-------------------------------
Isaac Perlmutter (individually)
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