<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
------------------
SCHEDULE 13D
(RULE 13d-101)
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 3)(1)
Eye Technology, Inc.
- -------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, $.01 par value
- -------------------------------------------------------------------------------
(Title of Class of Securities)
301907 30 9
- -------------------------------------------------------------------------------
(CUSIP Number)
James A. McNulty
Eye Technology, Inc., 16 South Market Street, Petersburg, Virginia 23803
(804) 861-0681
- -------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
October 21, 1998
- -------------------------------------------------------------------------------
(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
[ ].
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.
(Continued on following pages)
- -------------
(1)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 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 1 of 7 Pages)
<PAGE> 2
- ----------------------- --------------------
CUSIP NO. 301907 30 9 13D PAGE 2 OF 7 PAGES
- ----------------------- --------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Regent Court Technologies, a Partnership
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Missouri
- -------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES ----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER 34,012,058
OWNED BY ----------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING ----------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER 34,012,058
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
34,012,058
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [X]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
60.8%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 3
- ----------------------- --------------------
CUSIP NO. 301907 30 9 13D PAGE 3 OF 7 PAGES
- ----------------------- --------------------
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Jonnie R. Williams
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) [X]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- -------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER 2,268,362
SHARES ----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER 36,280,421
OWNED BY ----------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER 2,268,362
REPORTING ----------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER 36,280,421
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
38,548,783
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [X]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
68.9%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 4
- ----------------------- --------------------
CUSIP NO. 301907 30 9 13D PAGE 4 OF 7 PAGES
- ----------------------- --------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Francis E. O'Donnell, Jr.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b)
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- -------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES ----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER 38,548,783
OWNED BY ----------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING ----------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER 38,548,783
----------------------------------------------------
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
38,548,783
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [X]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
68.9%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 5
SECURITIES AND EXCHANGE COMMISSION
SCHEDULE 13D
Item 1. Security and Issuer.
This statement relates to the Common Stock, $.01 par value per
share ("Common Stock"), of Eye Technology, Inc. ("EyeTech"), and
Common Stock issuable upon conversion of EyeTech's Series B
Convertible Voting Preferred Stock, $.01 par value per share, of
EyeTech. The address of EyeTech's principal executive offices is
16 South Market Street, Petersburg, Virginia 23803.
Item 2. Identity and Background.
Set forth below is information required by this Item with respect
to each person filing this statement.
<TABLE>
Item 2(d) or 2(e)
Principal Occupation or Business Convictions, Judgments,
Name and Address and Address Decrees, or Orders Citizenship
<S> <C> <C> <C>
Regent Court Technologies, Research and development None US
a Partnership 16 South Market Street
16 South Market Street Petersburg, Virginia 23803
Petersburg, Virginia 23803
Jonnie R. Williams Eye Technology, Inc. See Note 1 below US
16 South Market Street 16 South Market Street
Petersburg, Virginia 23803 Petersburg, Virginia 23803
Francis E. O'Donnell, Jr., MD Ophthalmologist None US
709 The Hamptons Lane 709 The Hamptons Lane
Town & Country, Missouri 63017 Town & Country, Missouri 63017
</TABLE>
Note 1: In January 1994, Mr. Williams entered into a consent decree
with the Commission. Without admitting or denying any
allegations, he agreed to pay disgorgement representing
profits from trading in the securities of Spectra
Pharmaceutical Services, Inc. and agreed to be enjoined from
future violations of Sections 10(b) and 13(d) and Rules
10b-5 and 13d-2 of the Exchange Act.
Item 3. Source and Amount of Funds or Other Consideration.
Inapplicable.
Item 4. Purpose of Transaction.
On October 21, 1998, Regent Court Technologies, a Partnership,
contributed to the capital of EyeTech 61 shares of Series B
Convertible Preferred Stock held by the Partnership.
(Page 5 of 7 Pages)
<PAGE> 6
Item 5. Interest in Securities of the Issuer.
(a) The information set forth in items 1, 11, and 13 of the second
part of the cover page of this statement is incorporated
herein by reference.
(b) The information set forth in items 1 and 7-10 of the second
part of the cover page of this statement is incorporated
herein by reference.
(c) Inapplicable
(d) Inapplicable
(e) Inapplicable
Item 6. Contracts, Arrangements, Understandings or Relationships With
Respect to Securities of the Issuer.
Inapplicable.
Item 7. Material to Be Filed as Exhibits.
Inapplicable.
(Page 6 of 7 Pages)
<PAGE> 7
SIGNATURES
After reasonable inquiry and to the best of their individual knowledge
and belief, the signatories below certify that the information set forth in this
statement is true, complete, and correct.
The persons whose signatures appear below agrees that this statement on
Amendment No. 3 to Schedule 13D is filed on behalf of each of them.
Executed as of November 10, 1998.
/s/ Jonnie R. Williams REGENT COURT TECHNOLOGIES,
- ------------------------------------ a Partnership
Jonnie R. Williams
/s/ Francis E. O'Donnell, Jr. By: /s/ Jonnie R. Williams
- ------------------------------------ -------------------------------------
Francis E. O'Donnell, Jr. Name: Jonnie R. Williams
Title: Partner
By: /s/ Francis E. O'Donnell, Jr.
-------------------------------------
Name: Francis E. O'Donnell, Jr.
Title: Partner
(Page 7 of 7 Pages)
