SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Information Statement Pursuant to Rule 13d-1 AND 13d-2
Projectavision, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
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(Title of Class of Securities)
743391104
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(CUSIP Number)
*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 the
disclosures provided in a prior cover page.
The information required in 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).
(CONTINUED ON FOLLOWING PAGE(S))
(SC13G-07/98)
<PAGE>
CUSIP No. 743391104 13G Page 2 of 5 Pages
________________________________________________________________________________
1. NAME OF REPORTING PERSON
SS OR I.R.S. IDENTIFICATION NO.
Harbor View Fund, Inc.
11-3370427
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
New York
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 2,800,000
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED AS
_________________________________________________________________
OF AUGUST 28, 7. SOLE DISPOSITIVE POWER
1998 BY EACH 2,800,000
_________________________________________________________________
REPORTING 8. SHARED DISPOSITIVE POWER
PERSON WITH
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,800,000
(Not to be construed as an admission of beneficial ownership)
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.8%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON*
Corporation
________________________________________________________________________________
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CUSIP No. 743391104 13G Page 3 of 5 Pages
Item 1(a). Name of Issuer:
Projectavision, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
2 Penn Plaza
New York, NY
Item 2(a). Name of Person Filing:
Harbor View Fund, Inc.
11-3370427
Item 2(b). Address of Principal Business Office:
488 Madison Avenue, 8th Floor
New York, NY 10022
Item 2(c). Citizenship:
New York
Item 2(d). Title of Class of Securities:
Common Stock
Item 2(e). CUSIP Number:
743391104
Item 3. Type of Reporting Person:
Not Applicable
Item 4. Ownership as of August 28, 1998:
(a) Amount Beneficially Owned:
2,800,000 shares of common stock beneficially owned
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CUSIP No. 743391104 13G Page 4 of 5 Pages
(b) Percent of class: 5.8%
(c) For information on voting and dispositive power with respect to
the above listed shares, see items 5-8 of cover page
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial owner
of more than five percent of the class of securities, check the
following: ( )
Not Applicable
Item 6. Ownership of More Than Five Percent on Behalf of Another Person:
Not Applicable
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:
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were acquired and are held in the ordinary
course of business and were not acquired and not held for the purpose of or with
the effect of changing or influencing the control of the issuer of the
securities and were not acquired and are not held in connection with or as a
participant in any transaction having such purpose or effect.
<PAGE>
CUSIP No. 743391104 13G Page 5 of 5 Pages
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: August 28, 1998 Harbor View Fund, Inc.
By: /s/ Evan H. Berger
-----------------------------
Evan H. Berger
Vice President