<PAGE>
================================================================================
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
IVC INDUSTRIES, INC.
--------------------
(Name of Issuer)
Common Stock, par value $.01 per share
--------------------------------------
(Title of Class of Securities)
45070M101
--------------
(CUSIP Number)
Gary J. Knauer
American Claims Evaluation, Inc.
One Jericho Plaza
Jericho, New York 11753
(516) 938-8000
--------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
January 19, 2000
-------------------------------------------------------
(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 that is the subject of this Schedule 13D, and is
filing this schedule because of ss.ss.240.13d-1(e), 240.13d-1(f) or
240.13d-1(g), check the following box /__/.
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See ss.240.13d-7(b) 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).
================================================================================
<PAGE>
SCHEDULE 13D
CUSIP No. 45070M101
- --------------------------------------------------------------------------------
1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
American Claims Evaluation, Inc.
EIN #11-2601199
- --------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) /_/
(b) /_/
- --------------------------------------------------------------------------------
3) SEC USE ONLY
- --------------------------------------------------------------------------------
4) SOURCE OF FUNDS
WC
- --------------------------------------------------------------------------------
5) CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) /_/
- --------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- --------------------------------------------------------------------------------
7) SOLE VOTING POWER
NUMBER OF 133,861
SHARES ---------------------------------------------------------
BENEFICIALLY 8) SHARED VOTING POWER
OWNED BY None
EACH ---------------------------------------------------------
REPORTING 9) SOLE DISPOSITIVE POWER
PERSON WITH 133,861
---------------------------------------------------------
10) SHARED DISPOSITIVE POWER
None
- --------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
133,861
- --------------------------------------------------------------------------------
12) CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) /_/
- --------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.4%
- --------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
- --------------------------------------------------------------------------------
<PAGE>
American Claims Evaluation, Inc. ("American Claims") hereby amends and
supplements the Schedule 13D originally filed with the Securities and Exchange
Commission on December 22, 1999 (the "Schedule") as follows:
This Schedule relates to the common stock, par value $.01 per share
("Common Stock"), of IVC Industries, Inc., a Delaware corporation (the
"Company").
"Item 5. Interest in Securities of the Issuer.
Item 5(a) of the Schedule is hereby amended by deleting the existing
text and inserting the following text in its stead:
As of January 19, 2000, the aggregate number of the Company's
shares of Common Stock beneficially owned by American Claims
is 133,861, constituting approximately 6.4% of the shares of
Common Stock outstanding, based upon the 2,088,092 shares of
Common Stock reported by the Company to be issued and
outstanding.
Item 5(b) of the Schedule is hereby amended by deleting the existing
text and inserting the following text in its stead:
American Claims has sole power to vote or to direct the vote
and sole power to dispose or to direct the disposition of
133,861 shares of Common Stock.
Item 5(c) of the Schedule is hereby amended by deleting the existing
text and inserting the following text in its stead:
Other than as set forth in American Claims' original filing
and as described below, there were no transactions in the
Company's Common Stock effected by American Claims during the
past sixty days. All of the transactions set forth below were
effected in the open market:
Type of Transaction No. of Shares Trade Date Price Per Share
- ------------------- ------------- ---------- ---------------
Purchase 10,000 12/30/99 $4.84375
Purchase 10,000 01/06/00 $4.84375
Purchase 2,602 01/19/00 $5.156249
<PAGE>
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.
Date: February 9, 2000 AMERICAN CLAIMS EVALUATION, INC.
By: /s/ Gary J. Knauer
-------------------------
Gary J. Knauer
Treasurer, Secretary and
Chief Financial Officer
