SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
S C H E D U L E 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a).
(Amendment No. 1)(1)
CANCER TREATMENT HOLDINGS, INC.
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(Name of Issuer)
COMMON STOCK, $0.003 PAR VALUE
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(Title of Class of Securities)
137389300
--------------
(CUSIP Number)
Mr. Barry Rubenstein Copy to: Stephen A. Cohen, Esq.
c/o Applewood Associates, L.P. Morrison Cohen Singer & Weinstein, LLP
68 Wheatley Road 750 Lexington Avenue
Brookville, NY 11545 New York, New York 10022
Telephone (516) 626-3070 Telephone (212) 735-8600
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(Name, Address and Telephone Number of Persons
Authorized to Receive Notices and Communications)
October 30, 1998
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(Date of Event which Requires Filing 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 Rule 13d-1(e, 13d-1(f) or 13d-(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 Rule 13d-7(b) for other
parties to whom copies are to be sent.
(Continued on following page(s))
- --------
(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 13
<PAGE>
CUSIP
No. 137389300 13D
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1 | Name of Reporting Persons
| I.R.S. Identification Nos. of Above Persons (Entities Only)
| Applewood Associates, L.P.
|
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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 | 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 New York
|
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| 7 | Sole Voting Power
| | 100,000 shares 3.0%
Number of |-----------------------------------------------------------
Shares | 8 | Shared Voting Power
Beneficially | | 0 shares 0%
Owned By |-----------------------------------------------------------
Each | 9 | Sole Dispositive Power
Reporting | | 100,000 shares 3.0%
Person |-----------------------------------------------------------
With | 10 | Shared Dispositive Power
| | 0 shares 0%
- --------------------------------------------------------------------------------
11 | Aggregate Amount Beneficially Owned By Each Reporting Person
| 100,000 shares
|
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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)
| 3.0%
|
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14 | Type of Reporting Person* PN
|
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2 of 13
<PAGE>
CUSIP
No. 137389300 13D
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1 | Name of Reporting Persons
| I.R.S. Identification Nos. of Above Persons (Entities Only)
| Barry Rubenstein
|
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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 | 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 United States
|
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| 7 | Sole Voting Power
| | 0 shares 0%
Number of |-----------------------------------------------------------
Shares | 8 | Shared Voting Power
Beneficially | | 100,000 shares 3.0%
Owned By |-----------------------------------------------------------
Each | 9 | Sole Dispositive Power
Reporting | | 0 shares 0%
Person |-----------------------------------------------------------
With | 10 | Shared Dispositive Power
| | 100,000 shares 3.0%
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11 | Aggregate Amount Beneficially Owned By Each Reporting Person
| 100,000 shares
|
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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)
| 3.0%
|
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14 | Type of Reporting Person* IN
|
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3 of 13
<PAGE>
CUSIP
No. 137389300 13D
================================================================================
1 | Name of Reporting Persons
| I.R.S. Identification Nos. of Above Persons (Entities Only)
| Irwin Lieber
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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 | 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 United States
|
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| 7 | Sole Voting Power
| | 0 shares 0%
Number of |-----------------------------------------------------------
Shares | 8 | Shared Voting Power
Beneficially | | 100,000 shares 3.0%
Owned By |-----------------------------------------------------------
Each | 9 | Sole Dispositive Power
Reporting | | 0 shares 0%
Person |-----------------------------------------------------------
With | 10 | Shared Dispositive Power
| | 100,000 shares 3.0%
- --------------------------------------------------------------------------------
11 | Aggregate Amount Beneficially Owned By Each Reporting Person
| 100,000 shares
|
- --------------------------------------------------------------------------------
12 | Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* |_|
|
- --------------------------------------------------------------------------------
13 | Percent of Class Represented by Amount in Row (11)
| 3.0%
|
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14 | Type of Reporting Person* IN
|
================================================================================
4 of 13
<PAGE>
CUSIP
No. 137389300 13D
================================================================================
1 | Name of Reporting Persons
| I.R.S. Identification Nos. of Above Persons (Entities Only)
| Barry Fingerhut
|
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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 | 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 United States
|
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| 7 | Sole Voting Power
| | 0 shares 0%
Number of |-----------------------------------------------------------
Shares | 8 | Shared Voting Power
Beneficially | | 100,000 shares 3.0%
Owned By |-----------------------------------------------------------
Each | 9 | Sole Dispositive Power
Reporting | | 0 shares 0%
Person |-----------------------------------------------------------
With | 10 | Shared Dispositive Power
| | 100,000 shares 3.0%
- --------------------------------------------------------------------------------
11 | Aggregate Amount Beneficially Owned By Each Reporting Person
| 100,000 shares
|
- --------------------------------------------------------------------------------
12 | Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* |_|
|
- --------------------------------------------------------------------------------
13 | Percent of Class Represented by Amount in Row (11)
| 3.0%
|
- --------------------------------------------------------------------------------
14 | Type of Reporting Person* IN
|
================================================================================
5 of 13
<PAGE>
CUSIP
No. 137389300 13D
================================================================================
1 | Name of Reporting Persons
| I.R.S. Identification Nos. of Above Persons (Entities Only)
| Applewood Capital Corp.
|
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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 | 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 New York
|
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| 7 | Sole Voting Power
| | 0 shares 0%
Number of |-----------------------------------------------------------
Shares | 8 | Shared Voting Power
Beneficially | | 100,000 shares 3.0%
Owned By |-----------------------------------------------------------
Each | 9 | Sole Dispositive Power
Reporting | | 0 shares 0%
Person |-----------------------------------------------------------
With | 10 | Shared Dispositive Power
| | 100,000 shares 3.0%
- --------------------------------------------------------------------------------
11 | Aggregate Amount Beneficially Owned By Each Reporting Person
| 100,000 shares
|
- --------------------------------------------------------------------------------
12 | Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* |_|
|
- --------------------------------------------------------------------------------
13 | Percent of Class Represented by Amount in Row (11)
| 3.0%
|
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14 | Type of Reporting Person* CO
|
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6 of 13
<PAGE>
CUSIP
No. 137389300 13D
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1 | Name of Reporting Persons
| I.R.S. Identification Nos. of Above Persons (Entities Only)
| Seth Lieber
|
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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 | 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 United States
|
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| 7 | Sole Voting Power
| | 0 shares 0%
Number of |-----------------------------------------------------------
Shares | 8 | Shared Voting Power
Beneficially | | 100,000 shares 3.0%
Owned By |-----------------------------------------------------------
Each | 9 | Sole Dispositive Power
Reporting | | 0 shares 0%
Person |-----------------------------------------------------------
With | 10 | Shared Dispositive Power
| | 100,000 shares 3.0%
- --------------------------------------------------------------------------------
11 | Aggregate Amount Beneficially Owned By Each Reporting Person
| 100,000 shares
|
- --------------------------------------------------------------------------------
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)
| 3.0%
|
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14 | Type of Reporting Person* IN
|
================================================================================
7 of 13
<PAGE>
CUSIP
No. 137389300 13D
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1 | Name of Reporting Persons
| I.R.S. Identification Nos. of Above Persons (Entities Only)
| Jonathan Lieber
|
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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 | 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 United States
|
- --------------------------------------------------------------------------------
| 7 | Sole Voting Power
| | 0 shares 0%
Number of |-----------------------------------------------------------
Shares | 8 | Shared Voting Power
Beneficially | | 100,000 shares 3.0%
Owned By |-----------------------------------------------------------
Each | 9 | Sole Dispositive Power
Reporting | | 0 shares 0%
Person |-----------------------------------------------------------
With | 10 | Shared Dispositive Power
| | 100,000 shares 3.0%
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11 | Aggregate Amount Beneficially Owned By Each Reporting Person
| 100,000 shares
|
- --------------------------------------------------------------------------------
12 | Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* |_|
|
- --------------------------------------------------------------------------------
13 | Percent of Class Represented by Amount in Row (11)
| 3.0%
|
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14 | Type of Reporting Person* IN
|
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<PAGE>
This statement, dated October 30, 1998, constitutes Amendment No. 1 to the
Schedule 13D, dated January 23, 1993, regarding the reporting persons' ownership
of certain securities of Cancer Treatment Holdings, Inc. (the "Issuer").
The Schedule 13D is hereinafter referred to as the "Schedule." All
capitalized terms used herein and otherwise undefined shall have the meanings
ascribed in the Schedule.
This Amendment No. 1 to the Schedule is filed in accordance with Rule
13d-2 of the Securities Exchange Act of 1934, as amended, by the reporting
persons. It shall refer only to information which has materially changed since
the filing of the Schedule.
ITEM 1. SECURITY AND ISSUER
Issuer: Cancer Treatment Holdings, Inc.
c/o Carol O'Donnell, Esq.
540 Joan Drive
Fairfield, Connecticut 06430
ITEM 2. IDENTITY AND BACKGROUND
1. Applewood Associates, L.P. is a New York limited partnership principally
engaged in the business of making investments.
Its principal business address and principal office is:
c/o Barry Rubenstein
68 Wheatley Road
Brookville, New York 11576
(d) No
(e) No
2. (a) Barry Rubenstein is a general partner of Applewood
Associates, L.P. and an officer and director of Applewood Capital Corp., a
general partner of Applewood Associates, L.P.
(b) Business Address: 68 Wheatley Road Brookville,
New York 11576
(c) Principal business: Investments
(d) No
(e) No
(f) No
(g) United States
3. (a) Irwin Lieber is a general partner of Applewood
Associates, L.P. and an officer and director of Applewood Capital Corp., a
general partner of Applewood Associates, L.P.
(b) Business Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal business: Investments
(d) No
(e) No
Page 9 of 13
<PAGE>
(f) No
(g) United States
4. (a) Barry Fingerhut is a general partner of Applewood
Associates, L.P. and an officer and director of Applewood Capital Corp., a
general partner of Applewood Associates, L.P.
(b) Business Address: 767 Fifth Avenue New York,
New York 10153
(c) Principal business: Investments
(d) No
(e) No
(f) No
(g) United States
5. Applewood Capital Corp. is a New York corporation which is a general
partner of Applewood Associates, L.P. Such function is its principal business.
Its principal business address and principal office is:
68 Wheatley Road
Brookville, New York 11576
(d) No
(e) No
6. (a) Seth Lieber is a general partner of Applewood
Associates, L.P. and an officer of Applewood Capital Corp.
(b) Business Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal business: Investments
(d) No
(e) No
(f) No
(g) United States
7. (a) Jonathan Lieber is a general partner of Applewood
Associates, L.P. and an officer of Applewood Capital Corp.
(b) Business Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal business: Investments
(d) No
(e) No
(f) No
(g) United States
ITEM 5. INTERESTS IN SECURITIES OF THE ISSUER.
(a) The following list sets forth the aggregate number and
percentage (based on 3,336,476 shares of Common Stock outstanding as reported by
the Issuer in its Form 10-Q dated August 31, 1998) of outstanding shares of
Common Stock owned beneficially by each person named
Page 10 of 13
<PAGE>
in Item 2, as of October 30, 1998:
Percentage of Shares of
Shares of Common Stock Common Stock
Name Beneficially Owned Beneficially Owned(2)
- ---- ------------------ ---------------------
Applewood Associates, L.P 100,000 3.0%
Barry Rubenstein 100,000(2,3) 3.0%
Irwin Lieber 100,000(2,3) 3.0%
Barry Fingerhut 100,000(2,3) 3.0%
Applewood Capital Corp. 100,000(2,4) 3.0%
Seth Lieber 100,000(2,3) 3.0%
Jonathan Lieber 100,000(2,3) 3.0%
(b) Applewood Associates, L.P. has sole power to vote and to
dispose of 100,000 shares of Common Stock, which represents approximately 3.0%
of the outstanding Common Stock.
By virtue of being a general partner of Applewood Associates, L.P.
and an officer of Applewood Capital Corp., each of Barry Rubenstein, Irwin
Lieber, Barry Fingerhut, Seth Lieber and Jonathan Lieber may be deemed to have
shared power to vote and to dispose of 100,000 shares of Common Stock, which
represents approximately 3.0% of the outstanding Common Stock.
By virtue of being a general partner of Applewood Associates, L.P.,
Applewood Capital Corp. may be deemed to have shared power to vote and to
dispose of 100,000 shares of Common Stock, which represents approximately 3.0%
of the outstanding Common Stock.
(c) The following is a description of all transactions in shares
of Common Stock of the Issuer by the persons identified in Item 2 of this
Schedule 13D effected from August 30, 1998 through October 30, 1998, inclusive.
Name of Purchase or Number of Shares Purchase or
Shareholder Sale Date Purchased or (Sold) Sale Price
- ----------- ----------- ------------------- -----------
Applewood Associates, L.P. 10/30/98 (71,870) $0.2425
The shares of Common Stock were sold on the over-the-counter
bulletin board.
- --------
(2) The reporting person disclaims beneficial ownership of these
securities except to the extent of his/its equity ownership therein.
(3) The reporting person is a general partner of Applewood and is an
officer of Applewood Capital Corp. and accordingly has shared voting and
dispositive power with respect to 100,000 shares of Common Stock owned by
Applewood Associates, L.P.
(4) The reporting person is a general partner of Applewood Associates,
L.P. and accordingly has shared voting and dispositive power with respect to
100,000 shares of Common Stock.
Page 11 of 13
<PAGE>
(d) No other person has the right to receive or the power to
direct the receipt of dividends from, or the proceeds from the sale of such
securities.
(e) Effective October 30, 1998, the reporting persons ceased to be
the beneficial owners of more than five (5%) of the Common Stock.
Page 12 of 13
<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, correct and
complete.
Dated: November 6, 1998
APPLEWOOD ASSOCIATES, L.P.
By: Irwin Lieber
-----------------------------
Irwin Lieber, General Partner
APPLEWOOD CAPITAL CORP.
By: Barry Rubenstein
-----------------------------
Barry Rubenstein, President
Barry Rubenstein
---------------------------------
Barry Rubenstein
Irwin Lieber
---------------------------------
Irwin Lieber
Barry Fingerhut
---------------------------------
Barry Fingerhut
Seth Lieber
---------------------------------
Seth Lieber
Jonathan Lieber
---------------------------------
Jonathan Lieber
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL
CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).
Page 13 of 13
