SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
MAGICWORKS ENTERTAINMENT INCORPORATED
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(Name of Issuer)
Common Stock, $.001 Par Value
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(Title of Class of Securities)
558909 10 7
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(CUSIP Number)
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CUSIP No. 558909 10 7
(1) Names of Reporting Persons BRAD KRASSNER
S.S. or I.R.S. Identification Nos. of Above Persons
(2) Check the Appropriate Box if a Member of a Group
(See Instructions) (a) [ ] (b) [ ]
(3) SEC Use Only
(4) Citizenship or Place of Organization USA
Number of (5) Sole Voting Power 3,270,102
Shares Bene-
ficially (6) Shared Voting Power -0-
Owned by
Each Report- (7) Sole Dispositive Power 3,270,102
ing Person
With (8) Shared Dispositive Power -0-
(9) Aggregate Amount Beneficially Owned by Each Reporting
Person 3,259,568 2
(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) [X]
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(11) Percent of Class Represented by Amount in Row (9) 13.4% 1
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(12) Type of Reporting Person (See Instructions) IN
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1 Calculated on the basis of 24,394,300 shares of Common Stock
outstanding as of February 10, 1997.
2 Excludes 10,534 shares held by the Diamond Bullet Corp. Pension Plan.
Mr. Krassner is an officer and director of Diamond Bullet Corp.
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ITEM 1(A). Name of Issuer:
MAGICWORKS ENTERTAINMENT INCORPORATED
ITEM 1(B). Address of Issuer's Principal Executive Offices:
930 Washington Avenue
Miami Beach, FL 33139
ITEM 2(A). Name of Person Filing:
Brad Krassner
ITEM 2(B). Address of Principal Business Office:
930 Washington Avenue
Miami Beach, FL 33139
North Miami, Florida 33161
ITEM 2(C). Citizenship:
USA
ITEM 2(D). Title of Class of Securities:
Common Stock, $.001 Par Value
ITEM 2(E). CUSIP Number: 558909 10 7
ITEM 3. If this statement is filed pursuant to Rules 13d-1(b), or
13d-2(b), identify the status of the person filing.
Not applicable.
ITEM 4. Ownership.
(a) Amount Beneficially Owned: 3,270,102 shares.
(b) Percent of Class: 13.4% 1
(c) Number of shares as to which such person has:
(i) sole power to vote or to 3,270,102
direct the vote
(ii) shared power to vote or to -0-
direct the vote
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(iii) sole power to dispose or to 3,270,102
direct the disposition of
(iv) shared power to dispose or to
direct the disposition of -0-
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1 Calculated on the basis of 24,394,300 shares of Common Stock as of
February 10, 1997.
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.
ITEM 10. Certification.
Not applicable.
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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.
February 18, 1997 By: /s/ BRAD KRASSNER
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Brad Krassner
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