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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. 1)*
PERCEPTRONICS, INC.
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
713611-10-1
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(CUSIP Number)
October 19, 1998
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
/ / Rule 13d-1(b)
/X/ Rule 13d-1(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 the disclosures provided in 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 ("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. 713611-10-1
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(1) Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
EAGLE CAPITAL, LTD.
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(2) Check the Appropriate Box if a Member (a) / /
of a Group (See Instructions) (b) / /
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(3) SEC Use Only
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(4) Citizenship or Place of Organization
ILLINOIS
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Number of Shares (5) Sole Voting Power
Beneficially 888,888
Owned by ---------------------------------------------------
Each Reporting (6) Shared Voting Power
Person With: -0-
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(7) Sole Dispositive Power
888,888
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(8) Shared Dispositive Power
-0-
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(9) Aggregate Amount Beneficially Owned by Each Reporting Person
888,888 shares
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(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) / /
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(11) Percent of Class Represented by Amount in Row (9)
15.77%
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(12) Type of Reporting Person (See Instructions)
PN
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ITEM 1.
(a) Name of Issuer
Perceptronics, Inc.
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(b) Address of Issuer's Principal Executive Offices
21010 Erwin Street
Woodland Hills, California 91367
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ITEM 2.
(a) Name of Person Filing
Eagle Capital, Ltd.
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(b) Address of Principal Business Office or, if none, Residence
3836 North Keeler Avenue.
Chicago, Illinois 60641-9021
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(c) Citizenship
Illinois
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(d) Title of Class of Securities
Common Stock
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(e) CUSIP Number
713611-10-1
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Item 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b) OR
13-2(b) or (c): If this statement is filed pursuant to
Rule 13d-1(c), check this box. [X]
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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:
444,444 shares issued on July 10, 1998 pursuant to a subscription
agreement accepted by the issuer on June 19, 1998, 300,000 shares underlying
warrants to be issued concurrent with the issuance of the original 444,444
shares and an additional 144,444 shares underlying warrants issued pursuant to
an amended and restated warrant agreement dated as of October 19, 1998.
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(b) Percent of class:
15.77%
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(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote
888,888
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(ii) Shared power to vote or to direct the vote
-0-
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(iii) Sole power to dispose or to direct the disposition of
888,888
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(iv) Shared power to dispose or to direct the disposition of
-0-
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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
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
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ITEM 10. CERTIFICATION
(a) The following certification shall be included if the statement is filed
pursuant to Rule 13d-1(c):
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.
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.
July 7, 1999
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Date
EAGLE CAPITAL, LTD., by its managing
general partner
/s/ Michael P. Traba
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Michael P. Traba, its managing general
partner
