<PAGE>
--------------------------------
OMB APPROVAL
--------------------------------
OMB Number: 3235-0145
Expires: August 31, 1999
Estimated average burden
hours per response.......14.90
--------------------------------
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 8)
VIRTUALFUND.COM, INC.
- --------------------------------------------------------------------------------
(Name of Issuer)
COMMON STOCK
- --------------------------------------------------------------------------------
(Title of Class of Securities)
517919 10 6
- --------------------------------------------------------------------------------
(CUSIP Number)
September 24, 1999
- --------------------------------------------------------------------------------
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[X] Rule 13d-1(d)
*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 ("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).
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB control number.
Page 1 of 4
<PAGE>
- -------------------------
CUSIP No. 517919 10 6 13G
- -------------------------
- --------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
Lawrence J. Lukis
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
Not Applicable
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
598,072
NUMBER OF -------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 99,000
EACH -------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH: 598,122
-------------------------------------------------
8 SHARED DISPOSITIVE POWER
99,000
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
697,122
- --------------------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
Not Applicable
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
4.4%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN.
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 2 of 4
<PAGE>
Item 1.
(a) Name of Issuer
VIRTUALFUND.COM, INC.
(b) Address of Issuer's Principal Executive Offices
7090 Shady Oak Road
Eden Prairie, MN 55344
Item 2.
(a) Name of Person Filing
Lawrence J. Lukis
(b) Address of Principal Business Office or, if none, Residence
3250 Fox Street
Long Lake, MN 55356
(c) Citizenship
United States
(d) Title of Class of Securities
COMMON STOCK
(e) CUSIP Number
517919 10 6
Item 3. If this statement is filed pursuant to ss.ss. 240.13d 1(b) or 240.13d
2(b) or (c), check whether the person filing is a:
Not Applicable
Item 4. Ownership
(a) Amount Beneficially Owned
697,122
(b) Percent of Class
4.4%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote
598,122
(ii) Shared power to vote or to direct the vote
99,000
(iii) Sole power to dispose or to direct the disposition of
598,122
(iv) Shared power to dispose or to direct the disposition of
99,000
Page 3 of 4
<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 [X]
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
Not Applicable
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.
/s/ September 25, 1999
--------------------------------
Date
/s/ Lawrence J. Lukis
--------------------------------
Signature
Lawrence J. Lukis
--------------------------------
Name/Title
The original statement shall be signed by each person on whose behalf the
statement is filed or his authorized representative. If the statement is signed
on behalf of a person by his authorized representative other than an executive
officer or general partner of the filing person, evidence of the
representative's authority to sign on behalf of such person shall be filed with
the statement, provided, however, that a power of attorney for this purpose
which is already on file with the Commission may be incorporated by reference.
The name and any title of each person who signs the statement shall be typed or
printed beneath his signature.
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See ss. 240.13d-7 for other
parties for whom copies are to be sent.
Attention: Intentional misstatements or omissions of fact constitute
Federal criminal violations (See 18 U.S.C. 1001)
Page 4 of 4
