UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13G
(Rule 13d-102)
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Medplus Corporation
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(Name of Issuer)
Common Stock, $.001 par value
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(Title of Class of Securities)
584956106
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(CUSIP Number)
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* 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>
SCHEDULE 13G
CUSIP No. 584956106
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1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Sands Brothers & Co., Ltd.
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2 Check the Appropriate Box If a Member of a Group* a. |_|
b. |_|
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3 SEC Use Only
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4 Citizenship or Place of Organization
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5 Sole Voting Power
Number of
Shares 2,000,000
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting -0-
Person --------------------------------------------------------
With 7 Sole Dispositive Power
2,000,000
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8 Shared Dispositive Power
-0-
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9 Aggregate Amount Beneficially Owned by Each Reporting Person
2,000,000
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10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares* |_|
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11 Percent of Class Represented By Amount in Row (9)
25%
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12 Type of Reporting Person*
BD
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Item 1(a). NAME OF ISSUER:
Medplus Corporation
Item 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES
8 S. Nevada Avenue, Colorado Springs, CO 80903
Item 2(a). NAME OF PERSON FILING:
Sands Brothers & Co., Ltd.
Item 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE, OR, IF NONE, RESIDENCE:
90 Park Avenue, 39th Floor, New York, New York 10016
Item 2(c). CITIZENSHIP:
Delaware
Item 2(d). TITLE OF CLASS OF SECURITIES:
Common Stock
Item 2(e). CUSIP NUMBER:
584956106
Item 3. REPORTING PERSON:
BD
Item 4. OWNERSHIP:
See responses to Items 5-11 on page 2 above.
Item 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
Not Applicable
Item 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:
Not Applicable
<PAGE>
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
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: July 8, 1997 SANDS BROTHERS & CO., LTD.
By: /s/ Steven B. Sands
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Name: Steven B. Sands
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Title: CEO
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