UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 6)
PVC CONTAINER CORP.
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(Name of issuer)
Common Stock, par value $.01 per share
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(Title of class of securities)
693651101
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(CUSIP number)
Steven Wolosky, Esq.
Olshan Grundman Frome Rosenzweig & Wolosky LLP
505 Park Avenue, New York, New York 10022
(212) 753-7200
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(Name, address and telephone number of person authorized to receive notices and
communications)
December 27, 2000
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(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: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7(b) for other
parties to whom copies are to be sent.
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, as amended, (the "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).
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CUSIP NO. 693651101 13D Page 2 of 6
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Lionheart Group, Inc.
13-3790-376
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |X|
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3. SEC USE ONLY
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4. SOURCE OF FUNDS*
WC
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) |_|
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6. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF 7. SOLE VOTING POWER
SHARES 869,505
BENEFICIALLY
OWNED BY
EACH
REPORTING ------------------------------------------------------------------
PERSON WITH
8. SHARED VOTING POWER
0
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9. SOLE DISPOSITIVE POWER
869,505
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10. SHARED DISPOSITIVE POWER
0
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
869,505
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12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.3%
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14. TYPE OF REPORTING PERSON*
IA
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* SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP NO. 693651101 13D Page 3 of 6
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Duncan Soukup
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |X|
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3. SEC USE ONLY
4. SOURCE OF FUNDS*
PF
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) |_|
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6. CITIZENSHIP OR PLACE OF ORGANIZATION
United Kingdom
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7. SOLE VOTING POWER
NUMBER OF 876,505
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING -----------------------------------------------------------------
PERSON WITH
8. SHARED VOTING POWER
0
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9. SOLE DISPOSITIVE POWER
876,505
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10. SHARED DISPOSITIVE POWER
0
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
876,505
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12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.4%
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14. TYPE OF REPORTING PERSON*
IN
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* SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP NO. 693651101 13D Page 4 of 6
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STATEMENT ON SCHEDULE 13D
The following constitutes Amendment No. 6 to the Schedule 13D filed
by Lionheart Group, Inc. ("Lionheart") and Duncan Soukup. The Schedule 13D, as
amended, filed by Lionheart and Mr. Soukup is collectively referred to as
"Schedule 13D." Except as specifically amended by this Amendment No. 6, the
Schedule 13D remains in full force and effect.
Item 3. Source and Amount of Funds or Other Consideration.
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Item 3 is amended in its entirety as follows:
The aggregate purchase price of the 869,505 shares of Common Stock
beneficially held by Lionheart is $4,303,534. All of the shares of Common Stock
beneficially held by Lionheart were purchased with the working capital of the
investment funds and managed accounts for whose accounts such shares were
purchased. The aggregate purchase price of the 7,000 shares of Common Stock
beneficially held by Mr. Soukup is $34,580. All of the shares of Common Stock
beneficially held by Mr. Soukup were purchased through his IRA accounts whose
investments decisions are controlled by him.
Item 5. Interest in Securities of the Issuer.
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Items 5(a), (b) and (c) are amended in their respective entireties as
follows:
Item 5(a) The aggregate percentage of shares of Common Stock reported
owned by each person named herein is based upon 7,044,655 shares of Common Stock
outstanding as of September 30, 2000 as reported in the Issuer's Quarterly
Report for the quarter ended September 30, 2000 on Form 10-Q filed with the
Securities and Exchange Commission on November 15, 2000.
As of the close of business on December 29, 2000, Lionheart
beneficially owns 869,505 shares of Common Stock, constituting approximately
12.3% of the shares of Common Stock outstanding and Duncan Soukup beneficially
owns 876,505 shares of Common Stock constituting approximately 12.4% of the
shares of Common Stock outstanding.
Item 5(b) Lionheart has sole voting and dispositive power with respect
to 869,505 shares of Common Stock. Mr. Soukup has sole and dispositive power
with respect to 7,000 shares of Common Stock owned by him and by virtue of being
the President and sole director of Lionheart, Mr. Soukup may be deemed to have
sole power to vote and dispose of an additional 869,505 shares of Common Stock.
Item 5(c) Since the filing of Amendment No. 5 to the Schedule 13D, the
Reporting Persons effected no transactions in the Common Stock other than those
set forth in the following table:
Buy or No. of Price
Date Filing Party Sell Shares (US$)
---- ------------ ---- ------ -----
11/28/00 Lionheart Buy 200 4.38
12/1/00 Lionheart Buy 2,200 4.42
12/13/00 Lionheart Buy 1,000 4.50
12/18/00 Lionheart Buy 1,000 4.56
12/19/00 Lionheart Buy 500 4.44
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CUSIP NO. 693651101 13D Page 5 of 6
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12/20/00 Lionheart Buy 2,000 4.44
12/21/00 Lionheart Buy 2,500 4.38
12/22/00 Lionheart Buy 11,000 4.06
12/26/00 Lionheart Buy 3,000 3.63
12/27/00 Lionheart Buy 16,200 3.88
12/28/00 Lionheart Buy 154,705 3.69
12/29/00 Lionheart Buy 1,600 4.06
The above transactions were effected in the open market.
[The remainder of this page was intentionally left blank.]
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CUSIP NO. 693651101 13D Page 6 of 6
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After reasonable inquiry and to the best of our knowledge and
belief, the undersigned certify that the information set forth in this Statement
is true, complete and correct.
Dated: January 4, 2001
LIONHEART GROUP, INC.
By: /s/ Duncan Soukup
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Name: Duncan Soukup
Title: President
/s/ Duncan Soukup
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Duncan Soukup
