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AMENDED SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. __1___)
Securities and Exchange Commission
Washington, D.C. 20549
LA-MAN CORPORATION
(Name of Issuer)
Common 50354K300
(Title of Class of Securities) (CUSIP Number)
Vance M. Arnold, Executive Vice President, Renaissance Capital Group, Inc.
8080 N. Central Expressway, Suite 210 LB 59; Dallas, TX 75206
(214) 891-8294
(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications)
March 2, 1998
(Date of Event which Requires Filing of this Statement)
1. Names of Reporting Person S.S. or I.R.S. Identification No.
a. Renaissance Capital Growth & Income Fund III, Inc. 75-2533518
b.Renaissance US Growth & Income Trust PLC
2. Check the Appropriate Box if a Member of a Group
(a) XX
(b)
3. SEC Use
Only____________________________________________________________
4. Source of Funds PF
5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e) None
6. Citizenship or Place of Organization a. Texas
b. England
Number of Shares Beneficially Owned by Each Reporting Person With:
(7) Sole voting Power (a) 584,162 (b ) 584,162
(8) Shared Voting Power 0
(9) Sole Dispositive Power (a) 584,162 (b) 584,162
(10) Shared Dispositive Power 0
11. Aggregate Amount Beneficially Owned be Each Reporting Person
(a) 584,162 (b) 584,162
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12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares None
13. Percent of Class Represented by Amount in Row (11) (a) 11.76% (b) 11.76%
14. Type of Reporting Person IV
AMENDED SCHEDULE 13D
Filed Pursuant to Rule 13D-1
Item 1. Security and Issuer
8.75% Convertible Debenture Loan Agreement for $1,750,000 at $4.75 per
share due March 2, 2005, warrants to purchase 100,000 shares of common
stock at $4.32 per share and the purchase of 115,741 shares of common
stock by and between La-Man Corporation, and Renaissance Capital Growth
& Income Fund III, Inc.
8.75% Convertible Debenture Loan Agreement for $1,750,000 at $4.75 per
share due March 2, 2005, warrants to purchase 100,000 shares of common
stock at $4.32 per share and the purchase of 115,741 shares of common
sock by and between La-Man Corporation, and Renaissance U.S. Growth &
& Income Trust, PLC.
La-Man Corporation Company
5029 Edgewater Drive
Orlando, FL 32810
Item 2. Identity and Background
a., b., c. Renaissance Capital Growth &
Income Fund III, Inc. Filer
8080 N. Central Expressway, Suite 210
Dallas, Texas 75206
Renaissance U.S. Growth & Income
Trust, PLC Filer
8080 N. Central Expressway, Suite 210
Dallas, Texas 75206
Renaissance Capital Growth & Income Fund III, Inc. is a Texas
corporation, organized as a business development company under the
Investment Company Act of 1940 and is traded on the NASDAQ.
Renaissance U.S. Growth & Income Trust, PLC is a public limited
company organized under the laws of England and Wales and traded
on the London Stock Exchange.
d. None
e. None
f. Texas
Item 3. Source and Amount of Funds or Other Consideration
Each reporting persons source of funds for this transaction came
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exclusively from the Filer's investment capital. No borrowed funds were
used in the transaction. The securities were acquired directly from the
Company in a private placement.
Item 4. Purpose of Transaction
To correct previous filing of March 10, 1998, and to amend reported
beneficial ownership of shares.
The purpose of the acquisition of these securities for Renaissance
Capital Growth & Income Fund III, Inc. was as an investment in
accordance with its election as a Business Development Company under the
Investment Act of 1940. The purpose of the acquisition of these
securities for Renaissance U.S. Growth & Income Trust, PLC was as an
investment in accordance with its investment strategy of investing in
smaller United States public companies.
Item 5. Interest in Securities of the Issuer
a.The Filers each purchased on March 2, 1998 a 8.75% Convertible
Debenture due March 2, 2005 for $1,750,000 in the Company, convertible
at $4.75 per share. Additionally, and on the same date, the Filers each
purchased 115,741 shares of the Company s common stock along with a
warrant to purchase 100,000 shares of the Company s common stock. The
total number of shares beneficially owned by both Filers combined,
1,168,324 shares, represents 25.76% of the Company s outstanding stock.
These shares represent all of the Filer s ownership.
b.All the shares mentioned in (a) above.
c.None.
d.N/A
e.N/A
Item 6. Contracts, Arrangements, or Understandings with Respect to Securities
of the Issuer
The Company granted the Filers the option to name members to the Board
of Directors of the Company.
Item 7. Persons Retained, Employed or to be Compensated
Not Applicable
Item 8. Material to be Filed as Exhibits
Not Applicable
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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: March 12, 1998
By: Renaissance Capital Growth & Income Fund III, Inc.
Renaissance Capital Group, Inc., Investment Advisor
By:__________\_\______________________
Vance M. Arnold
Executive Vice President
By: Renaissance US Growth & Income Trust, PLC
Renaissance Capital Group, Inc., Investment Manager
By: ____________\_\___________________
Vance M. Arnold
Executive Vice President
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