SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D / A
(Final Amendment)
Under the Securities Exchange Act of 1934
Chantal Pharmaceutical Corporation
----------------------------------
(Name of Issuer)
Common Stock, par value $.01 per share
--------------------------------------
(Title of Class of Securities)
0001593001
----------
(CUSIP Number)
Peter Ting
3319 Greenmeadow Drive
Danville, California 94506
Telephone: (510) 736-4807
-------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
Copy to:
Caitlin M. Larsen, Esq. John E. Schiller, Esq.
Schley & Larsen, LLP Climaco, Climaco, Lefkowitz
505 Bath Street & Garofoli Co., LPA
Santa Barbara, California 93101 Ninth Floor
Telephone: (805) 963-1202 The Halle Building
1228 Euclid Avenue
Cleveland, Ohio 44115
Telephone: (216) 621-8484
July 3, 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: [_]
13D/A
CUSIP No. 0001593001
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON.
Robert J. Binder
----------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
----------------------------------------------------------------
3. SEC USE ONLY
----------------------------------------------------------------
4. SOURCE OF FUNDS
PF
----------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)
( )
----------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
----------------------------------------------------------------
NUMBER OF 7. SOLE VOTING POWER
SHARES 120,400
BENEFICIALLY -----------------------------------------------
OWNED BY 8. SHARED VOTING POWER
EACH
REPORTING -----------------------------------------------
PERSON 9. SOLE DISPOSITIVE POWER
WITH 120,400
-----------------------------------------------
10. SHARED DISPOSITIVE POWER
-----------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON 120,400
-----------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES ( )
-----------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.7%
-----------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
-----------------------------------------------------------------
13D/A
CUSIP No. 0001593001
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON.
Brad Bulloch
----------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
----------------------------------------------------------------
3. SEC USE ONLY
----------------------------------------------------------------
4. SOURCE OF FUNDS
PF
----------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)
( )
----------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
----------------------------------------------------------------
NUMBER OF 7. SOLE VOTING POWER
SHARES 37,500
BENEFICIALLY -----------------------------------------------
OWNED BY 8. SHARED VOTING POWER
EACH
REPORTING -----------------------------------------------
PERSON 9. SOLE DISPOSITIVE POWER
WITH 37,500
-----------------------------------------------
10. SHARED DISPOSITIVE POWER
-----------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON 37,500
-----------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES ( )
-----------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.2%
-----------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
-----------------------------------------------------------------
13D/A
CUSIP No. 0001593001
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON.
Doran Capital Management, L.P.
----------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
----------------------------------------------------------------
3. SEC USE ONLY
----------------------------------------------------------------
4. SOURCE OF FUNDS
OO
----------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)
( )
----------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
New York
----------------------------------------------------------------
NUMBER OF 7. SOLE VOTING POWER
SHARES 127,500
BENEFICIALLY -----------------------------------------------
OWNED BY 8. SHARED VOTING POWER
EACH
REPORTING -----------------------------------------------
PERSON 9. SOLE DISPOSITIVE POWER
WITH 127,500
-----------------------------------------------
10. SHARED DISPOSITIVE POWER
-----------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON 127,500
-----------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES ( )
-----------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.7%
-----------------------------------------------------------------
14. TYPE OF REPORTING PERSON
PN
-----------------------------------------------------------------
13D/A
CUSIP No. 0001593001
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON.
Douglas S. Friedenberg
----------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
----------------------------------------------------------------
3. SEC USE ONLY
----------------------------------------------------------------
4. SOURCE OF FUNDS
PF
----------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)
( )
----------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
----------------------------------------------------------------
NUMBER OF 7. SOLE VOTING POWER
SHARES 40,000
BENEFICIALLY -----------------------------------------------
OWNED BY 8. SHARED VOTING POWER
EACH
REPORTING -----------------------------------------------
PERSON 9. SOLE DISPOSITIVE POWER
WITH 40,000
-----------------------------------------------
10. SHARED DISPOSITIVE POWER
-----------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON 40,000
-----------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES ( )
-----------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.2%
-----------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IA
-----------------------------------------------------------------
13D/A
CUSIP No. 0001593001
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON.
William T. Gibson
Kathleen P. Gibson
----------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
----------------------------------------------------------------
3. SEC USE ONLY
----------------------------------------------------------------
4. SOURCE OF FUNDS
PF
----------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)
( )
----------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
----------------------------------------------------------------
NUMBER OF 7. SOLE VOTING POWER
SHARES 40,000
BENEFICIALLY -----------------------------------------------
OWNED BY 8. SHARED VOTING POWER
EACH
REPORTING -----------------------------------------------
PERSON 9. SOLE DISPOSITIVE POWER
WITH 40,000
-----------------------------------------------
10. SHARED DISPOSITIVE POWER
-----------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON 40,000
-----------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES ( )
-----------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.2%
-----------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
-----------------------------------------------------------------
13D/A
CUSIP No. 0001593001
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON.
Paul R. Locigno
----------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
----------------------------------------------------------------
3. SEC USE ONLY
----------------------------------------------------------------
4. SOURCE OF FUNDS
PF
----------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)
( )
----------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
----------------------------------------------------------------
NUMBER OF 7. SOLE VOTING POWER
SHARES 14,500
BENEFICIALLY -----------------------------------------------
OWNED BY 8. SHARED VOTING POWER
EACH
REPORTING -----------------------------------------------
PERSON 9. SOLE DISPOSITIVE POWER
WITH 14,500
-----------------------------------------------
10. SHARED DISPOSITIVE POWER
----------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON 14,500
----------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES ( )
----------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.1%
----------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
----------------------------------------------------------------
13D/A
CUSIP No. 0001593001
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON.
Richard J. Love
----------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
----------------------------------------------------------------
3. SEC USE ONLY
----------------------------------------------------------------
4. SOURCE OF FUNDS
PF
----------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)
( )
----------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
----------------------------------------------------------------
NUMBER OF 7. SOLE VOTING POWER
SHARES 100,000
BENEFICIALLY -----------------------------------------------
OWNED BY 8. SHARED VOTING POWER
EACH
REPORTING -----------------------------------------------
PERSON 9. SOLE DISPOSITIVE POWER
WITH 100,000
-----------------------------------------------
10. SHARED DISPOSITIVE POWER
----------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON 100,000
----------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES ( )
----------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.6%
----------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IA
----------------------------------------------------------------
13D/A
CUSIP No. 0001593001
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON.
Rick Mahonski
Diane Mahonski
----------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
----------------------------------------------------------------
3. SEC USE ONLY
----------------------------------------------------------------
4. SOURCE OF FUNDS
PF
----------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)
( )
----------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
----------------------------------------------------------------
NUMBER OF 7. SOLE VOTING POWER
SHARES 29,000
BENEFICIALLY -----------------------------------------------
OWNED BY 8. SHARED VOTING POWER
EACH
REPORTING -----------------------------------------------
PERSON 9. SOLE DISPOSITIVE POWER
WITH 29,000
-----------------------------------------------
10. SHARED DISPOSITIVE POWER
----------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON 29,000
----------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES ( )
----------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.2%
----------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
----------------------------------------------------------------
13D/A
CUSIP No. 0001593001
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON.
Patrick J. McInnis
----------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
----------------------------------------------------------------
3. SEC USE ONLY
----------------------------------------------------------------
4. SOURCE OF FUNDS
PF
----------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)
( )
----------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
----------------------------------------------------------------
NUMBER OF 7. SOLE VOTING POWER
SHARES 28,000
BENEFICIALLY -----------------------------------------------
OWNED BY 8. SHARED VOTING POWER
EACH
REPORTING -----------------------------------------------
PERSON 9. SOLE DISPOSITIVE POWER
WITH 28,000
-----------------------------------------------
10. SHARED DISPOSITIVE POWER
----------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON 28,000
----------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES ( )
----------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.2%
----------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
----------------------------------------------------------------
13D/A
CUSIP No. 0001593001
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON.
MH & Associates Securities Management Corporation
----------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
----------------------------------------------------------------
3. SEC USE ONLY
----------------------------------------------------------------
4. SOURCE OF FUNDS
OO
----------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)
( )
----------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
California
----------------------------------------------------------------
NUMBER OF 7. SOLE VOTING POWER
SHARES 128,200
BENEFICIALLY -----------------------------------------------
OWNED BY 8. SHARED VOTING POWER
EACH
REPORTING -----------------------------------------------
PERSON 9. SOLE DISPOSITIVE POWER
WITH 128,200
-----------------------------------------------
10. SHARED DISPOSITIVE POWER
----------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON 128,200
----------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES ( )
----------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.7%
----------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IA
----------------------------------------------------------------
13D/A
CUSIP No. 0001593001
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON.
Howard Miller
----------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
----------------------------------------------------------------
3. SEC USE ONLY
----------------------------------------------------------------
4. SOURCE OF FUNDS
PF
----------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)
( )
----------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
----------------------------------------------------------------
NUMBER OF 7. SOLE VOTING POWER
SHARES 40,000
BENEFICIALLY -----------------------------------------------
OWNED BY 8. SHARED VOTING POWER
EACH
REPORTING -----------------------------------------------
PERSON 9. SOLE DISPOSITIVE POWER
WITH 40,000
-----------------------------------------------
10. SHARED DISPOSITIVE POWER
----------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON 40,000
----------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES ( )
----------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.2%
----------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
----------------------------------------------------------------
13D/A
CUSIP No. 0001593001
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON.
EC Morgan
----------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
----------------------------------------------------------------
3. SEC USE ONLY
----------------------------------------------------------------
4. SOURCE OF FUNDS
PF
----------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)
( )
----------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
California
----------------------------------------------------------------
NUMBER OF 7. SOLE VOTING POWER
SHARES 100,000
BENEFICIALLY -----------------------------------------------
OWNED BY 8. SHARED VOTING POWER
EACH
REPORTING -----------------------------------------------
PERSON 9. SOLE DISPOSITIVE POWER
WITH 100,000
-----------------------------------------------
10. SHARED DISPOSITIVE POWER
----------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON 100,000
----------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES ( )
----------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.6%
----------------------------------------------------------------
14. TYPE OF REPORTING PERSON
PN
----------------------------------------------------------------
13D/A
CUSIP No. 0001593001
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON.
Francis Phalen
----------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
----------------------------------------------------------------
3. SEC USE ONLY
----------------------------------------------------------------
4. SOURCE OF FUNDS
PF
----------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)
[x]
----------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
----------------------------------------------------------------
NUMBER OF 7. SOLE VOTING POWER
SHARES 105,000
BENEFICIALLY -----------------------------------------------
OWNED BY 8. SHARED VOTING POWER
EACH
REPORTING -----------------------------------------------
PERSON 9. SOLE DISPOSITIVE POWER
WITH 105,000
-----------------------------------------------
10. SHARED DISPOSITIVE POWER
----------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON 105,000
----------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES ( )
----------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.6%
----------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
----------------------------------------------------------------
13D/A
CUSIP No. 0001593001
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON.
Peter Ting
Margerette Ting
----------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
----------------------------------------------------------------
3. SEC USE ONLY
----------------------------------------------------------------
4. SOURCE OF FUNDS
PF
----------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)
( )
----------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
----------------------------------------------------------------
NUMBER OF 7. SOLE VOTING POWER
SHARES 225,000
BENEFICIALLY -----------------------------------------------
OWNED BY 8. SHARED VOTING POWER
EACH
REPORTING -----------------------------------------------
PERSON 9. SOLE DISPOSITIVE POWER
WITH 225,000
-----------------------------------------------
10. SHARED DISPOSITIVE POWER
----------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON 225,000
----------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES ( )
----------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.2%
----------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
----------------------------------------------------------------
13D/A
CUSIP No. 0001593001
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON.
Donald W. Wright
----------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
----------------------------------------------------------------
3. SEC USE ONLY
----------------------------------------------------------------
4. SOURCE OF FUNDS
PF
----------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)
( )
----------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
----------------------------------------------------------------
NUMBER OF 7. SOLE VOTING POWER
SHARES 100,000
BENEFICIALLY -----------------------------------------------
OWNED BY 8. SHARED VOTING POWER
EACH
REPORTING -----------------------------------------------
PERSON 9. SOLE DISPOSITIVE POWER
WITH 100,000
-----------------------------------------------
10. SHARED DISPOSITIVE POWER
----------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON 100,000
----------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES ( )
----------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.6%
----------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
----------------------------------------------------------------
This statement, dated July 3, 1997, constitutes the Final Amendment to
the Schedule 13D, dated June 4, 1997, regarding the reporting persons
ownership of certain securities of Chantal Pharmaceutical Corporation
(the "Company").
The Schedule 13D is hereinafter referred to as the "Schedule." All
capitalized terms used herein and otherwise undefined shall have the meanings
ascribed in the Schedule.
This Final Amendment to the Schedule is filed in accordance with Rule
13d-2 of the Securities Exchange Act of 1934, as amended, by the reporting
persons. It shall refer only to information which has materially changed
since the filing of the Schedule.
ITEM 4. Purpose of Transaction
The following reporting persons have entered into a Settlement Agreement
dated June 27, 1997, with the Issuer (the "June 27 Settlement Agreement")
(as described in Item 6): Robert J. Binder, Brad Bulloch, Doran Capital
Management, L.P., William T. Gibson and Kathleen P. Gibson, Richard J. Love,
Rick Mahonski and Diane Mahonski, Patrick J. McInnis, MH & Associates
Securities Management Corporation, Howard Miller, E.C. Morgan, and Peter Ting
and Margarette Ting. Pursuant to the June 27 Settlement Agreement, the
reporting persons party thereto have agreed to fully support the management
of the Company and support their nominees for the Board of Directors for
election at the Annual Meeting of Stockholders scheduled to be held on July
17, 1997, in Los Angeles, California (the "Annual Meeting"). These reporting
persons have also disassociated themselves from the remaining reporting
persons.
The following reporting persons have entered into a Settlement Agreement
dated July 3, 1997 with the Issuer (the "July 3 Settlement Agreement") (as
described in Item 6): Paul Locigno, Donald Wright, Francis Phalen, Douglas
Friedenberg and Rollins International, Limited. Pursuant to the July 3
Settlement Agreement, these reporting persons party thereto have agreed to
fully support the management of the Company and support their nominees for
the Board of Directors for election at the Annual Meeting.
The following is a statement of the number and the percentage of shares
of Common Stock beneficially owned by the only original reporting person not a
party to this filing:
Name Number of Shares Percentage of Shares
of Common Stock of Common Stock
_________________________________________________________
David James 31,100 0.17%
ITEM 6. Contracts, Arrangements, Understandings or Relationships with
Respect to the Issuer
Certain of the reporting persons are filing this amendment pursuant to
the June 27, 1997 Settlement Agreement. In the June 27 Settlement Agreement,
the reporting persons party thereto agreed to fully support management and
the current nominees for the Board of Directors, and to vote in favor of
those nominees at the Company's Annual Meeting of Stockholders, scheduled to
be held on July 17, 1997 in Los Angeles, California. Based on positive talks
with the Company's management, and the nomination of two new persons to the
Board of Directors, the persons party to the June 27 Settlement Agreement
have concluded that it is in the best interest of the Company and the
stockholders to avoid any dissident stockholder activity and to support
existing management and the proposed Board.
Certain of the reporting persons are filing this amendment pursuant to
the July 3 Settlement Agreement. In the July 3 Settlement Agreement, the
persons party thereto agreed to fully support management and the current
nominees for the Board of Directors at the Annual Meeting. Based on positive
talks with the Company's management, the persons party to the June 27
Settlement Agreement have concluded that it is in the best interest of the
Company and the stockholders to avoid any dissident stockholder activity and
to support existing management and the proposed Board.
Pursuant to the June 27 Settlement Agreement and the July 3 Settlement
Agreement, the reporting persons party thereto, respectively, agreed that
they will publicly and privately support and that they will vote all stock of
the Issuer owned by them in favor of the Company's existing management and
the current nominees for the Board of Directors at the Annual Meeting. In
addition, each of the reporting persons party to the June 27 Settlement
Agreement and the July 3 Settlement Agreement is granting an irrevocable
proxy to the Issuer to be voted at the Annual Meeting.
ITEM 7. Material to be filed as Exhibits
Exhibit 2 - Settlement Agreement dated June 27, 1997, filed July 2,
1997, as additional definitive proxy material, and incorporated herein by
reference.
Exhibit 3 - Settlement Agreement dated July 3, 1997, filed July 14,
1997, as additional definitive proxy material, and incorporated herein by
reference.
SIGNATURES
After reasonable inquiry and to the best knowledge and belief of each
person or entity set forth below, each such person or entity certifies that
the information set forth in this Statement is true, complete and correct.
Signature Date
Robert J. Binder
By /s/ Peter Ting July __, 1997
Peter Ting, Attorney-in-Fact
Brad Bulloch
By /s/ Peter Ting July __, 1997
Peter Ting, Attorney-in-Fact
Doran Capital Management, L.P.
By /s/ Peter Ting July __, 1997
Peter Ting, Attorney-in-Fact
/s/ Douglas S. Friedenberg July __, 1997
- - - - - - - - - - - - - -
Douglas S. Friedenberg
Kathleen Gibson
By /s/ Peter Ting July __, 1997
Peter Ting, Attorney-in-Fact
William Gibson
By /s/ Peter Ting July __, 1997
Peter Ting, Attorney-in-Fact
/s/ Paul R. Locigno July __, 1997
- - - - - - - - - - - - - -
Paul Robert Locigno
Richard J. Love
By /s/ Peter Ting July __, 1997
Peter Ting, Attorney-in-Fact
Rick Mahonski
By /s/ Peter Ting July __, 1997
Peter Ting, Attorney-in-Fact
Diane Mahonski
By /s/ Peter Ting July __, 1997
Peter Ting, Attorney-in-Fact
Patrick J. McInnis
By /s/ Peter Ting July __, 1997
Peter Ting, Attorney-in-Fact
Howard Miller
By /s/ Peter Ting July __, 1997
Peter Ting, Attorney-in-Fact
MH & Associates Securities
Management Corporation
By /s/ Peter Ting July __, 1997
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Peter Ting, Attorney-in-Fact
E.C. Morgan
By /s/ Peter Ting July __, 1997
Peter Ting, Attorney-in-Fact
/s/ Francis T. Phalen July __, 1997
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Francis T. Phalen
/s/ Peter Ting July __, 1997
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Peter Ting
Margarette Ting
By /s/ Peter Ting July __, 1997
Peter Ting, Attorney-in-Fact
/s/ Donald W. Wright July __, 1997
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Donald W. Wright
