UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13G
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Under the Securities Act of 1934
(Amendment No. 4 )
IMAGINON, INC.
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(Name of Issuer)
Common Stock, $.01 par value
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(Title of Class of Securities)
45246K 10 4
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(CUSIP Number)
Check the following box if a fee is being paid with this statement /No fee/
<PAGE>
Cusip No. 45246K 10 4 Page 2 of 4 Pages
Row 1.: Henry Fong
###-##-####
Row 2.: (a) / /
(b) / /
Row 3.: SEC USE ONLY
Row 4.: United States
Row 5.: 941,022
Row 6.: 48,636
Row 7.: 941,022
Row 8.: 48,636
Row 9.: 989,658
Row 10.: / /
Row 11.: 7.9%
Row 12.: IN
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Cusip No. 45246K 10 4 Page 3 of 4 Pages
Item 1.
(a) ImaginOn, Inc.
(b) 1313 Laurel Street, Suite 1
San Carlos, CA 94070
Item 2.
(a) Henry Fong
(b) 2401 PGA Blvd, Suite 280-F
Palm Beach Gardens, Florida 33408
(c) United States
(d) Common Stock, $.01 Par Value
(e) 45246K 10 4
Item 3. If this Statement Is Filed Pursuant to Rule 13d-1(b), or
13d-2(b), Check Whether the Person Filing Is A:
Not applicable
Item 4. Ownership
(a) 989,658 shares of which 396,440 is common stock held directly by
reporting person; 323,182 is common stock owned by a limited
liability corporation in which the reporting person is the sole
shareholder and officer; 221,400 is common stock issuable upon the
exercise of warrants; and 48,636 is owned by a charitable trust in
which reporting person is a trustee, but which shares reporting
person has no pecuniary interest in and disclaims beneficial ownerhip
of.
(b) 7.9%
(c) (i) 941,022
(ii) 48,636
(iii) 941,022
(iv) 48,636
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
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
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Cusip No. 45246K 10 4 Page 4 of 4 Pages
Signature
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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.
Dated: February 16, 1999 as
of December 31, 1998 By /S/ HENRY FONG
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HENRY FONG
