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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D-A
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
AVATEX CORPORATION
________________________________________________________________________________
(Name of Issuer)
Common Stock
________________________________________________________________________________
(Title of Class of Securities)
05349F-10-5
_______________________________________________________________
(CUSIP Number)
James E. Spiotto
Chapman and Cutler
111 West Monroe Street Telephone: 312-845-3000
Chicago, Illinois 60603 Facsimile: 312-701-2361
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(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
June 26, 1997
_______________________________________________________________
(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 which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box [_].
Check the following box if a fee is being paid with the statement [_]. (See Rule
13d-7.)
Note: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1(a) 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).
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SCHEDULE 13D-A
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CUSIP NO. 05349F-10-5 PAGE 2 OF 3 PAGES
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NAME OF REPORTING PERSONS
1 United Equities Commodities Company, Momar Corporation, Moses Marx
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
UECC: TIN #13-2904027 MOMAR: TIN #52-1273339 MARX: SS ####-##-####
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
2 (a) [_]
(b) [X]
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SEC USE ONLY
3
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SOURCE OF FUNDS
4
UECC: WC MOMAR: WC MARX: NA
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
5 TO ITEMS 2(d) or 2(e) [_]
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CITIZENSHIP OR PLACE OF ORGANIZATION
6
UECC: New York MOMAR: Maryland MARX: USA
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SOLE VOTING POWER
NUMBER OF 7 UECC: 750,000 MOMAR: 690,800
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
0
OWNED BY
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EACH SOLE DISPOSITIVE POWER
9
REPORTING UECC: 750,000 MOMAR: 690,800
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
UECC: 750,000 MOMAR: 690,800
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
12
[_]
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
UECC: 5% MOMAR: 5% COMBINED: 10%
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TYPE OF REPORTING PERSON
14
UECC: PN MOMAR: CO MARX: IN
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-2-
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Item 5. Interest in Securities of the Issuer. (a) As of the date of this
Schedule 13D-A, UECC directly owned 750,000 Shares, representing approximately
5% of the class outstanding. Momar directly owned 690,800 Shares, representing
approximately 5% of the class outstanding. Mr. Marx owns no Shares directly.
(b) Mr. Marx has the sole power to vote or to direct the vote and the sole
power to dispose of, or to direct the disposition of, the Shares owned by UECC
and Momar.
(c) The transactions of UECC and Momar in the Shares during the past sixty
(60) days are reflected on Exhibit 1 attached hereto. Mr. Marx has engaged in
no transactions in the Shares during the past sixty (60) days.
(d) No person, other than UECC, Momar and Mr. Marx, has the right to
receive or the power to direct the receipt of dividends from, or the proceeds
from the sale of, the Shares owned by UECC and Momar.
(e) Not applicable.
SIGNATURES
After reasonable inquiry and to the best of the knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
Statement is true, complete and correct.
UNITED EQUITIES COMMODITIES COMPANY
Dated as of July 15, 1997 By: /s/ Moses Marx
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Moses Marx, General Partner
MOMAR CORPORATION
By: /s/ Moses Marx
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Moses Marx, President
/s/ Moses Marx
----------------------------------
Moses Marx
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UNITED EQUITIES COMMODITIES COMPANY
TRANSACTIONS SINCE MAY 1, 1997/1/
AVATEX COMMON
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SHARES
PURCHASED
SETTLEMENT DATE SEC ID (SOLD) PRICE
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05/07/97 AAV 150,000 1.375
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05/07/97 AAV (50,000) 1.500
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05/08/97 AAV 54,000 1.250
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05/08/97 AAV 150,000 1.375
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05/09/97 AAV 200 1.250
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05/20/97 AAV 45,800 1.250
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/1/ All of these trades were effected in open market transactions.
Exhibit 1
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MOMAR CORPORATION
TRANSACTIONS SINCE MAY 1, 1997/1/
AVATEX COMMON
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SHARES
SETTLEMENT DATE SEC ID PURCHASED PRICE
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05/09/97 AAV 32,700 1.375
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05/12/97 AAV 18,900 1.375
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05/12/97 AAV 302,500 1.375
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05/13/97 AAV 16,900 1.375
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05/15/97 AAV 9,300 1.375
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05/15/97 AAV 1,500 1.375
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05/15/97 AAV 15,100 1.375
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06/03/97 AAV 10,000 1.125
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06/04/97 AAV 15,200 1.125
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06/05/97 AAV 74,800 1.125
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06/26/97 AAV 132,900 1.125
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06/27/97 AAV 5,300 1.125
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06/30/97 AAV 800 1.125
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07/01/97 AAV 2,900 1.125
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07/03/97 AAV 13,900 1.125
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07/03/97 AAV 5,900 1.125
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07/08/97 AAV 16,900 1.125
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07/08/97 AAV 2,900 1.125
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07/09/97 AAV 2,700 1.125
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07/10/97 AAV 15,800 1.125
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/1/ All of these trades were effected in open market transactions.
Exhibit 1
