SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
INFORMATION STATEMENT PURSUANT TO
RULES 13d-1 AND 13d-2 UNDER THE
SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1 )*
Neuromedical Systems, Inc.
-----------------------------------------
(Name of Issuer)
Common Stock
-----------------------------------------
(Title of Class of Securities)
64124H-10-9
-----------------------------------------
(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 (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).
<PAGE>
CUSIP No. 64124H-10-9 13G Page 2 of __ Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
H&S Trust
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ X ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Gibraltar
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 3,751,676
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH None
REPORTING --------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 3,751,676
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
None
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,751,676
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
12.17%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
00 (Other-Trust)
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
CUSIP No. 13G Page 3 of __ Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Leadville A.V.V.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ X ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Netherlands Antilles
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 1,815,642
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH None
REPORTING --------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 1,815,642
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
None
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,815,642
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
Page 4 of __ Pages
Item 1(a). Name of Issuer:
Neuromedical Systems, Inc.
Item 1(b). Address of Issuer's Principal
Executive Offices:
Two Executive Boulevard
Suite 306
Suffern, NY 10901-4114
Item 2. Name of Person Filing:
This Schedule 13G is being filed by H&S Trust, with respect to H&S Trust's
beneficial interest in the holdings of the Issuer's securities held of record by
three Netherlands Antilles corporations, Leadville A.V.V., Marineland, A.V.V.
and Tehila Holdings, A.V.V. H&S Trust is the sole stockholder of such
corporations. This Schedule 13G is also being filed by Leadville A.V.V., the
holder of 1,815,642 of such shares, representing in excess of 5% of the
outstanding shares of the Issuer. Such shares held by Leadville A.V.V. are also
included in those owned beneficially, and being reported herein, by H&S Trust.
H&S Trust
(a) Name of Person Filing:
H&S Trust
(b) Address:
Suite 3C, Centre Plaza Horseback Lane
Gilbraltar
(c) Citizenship or Place of Organization
Gibraltar
(d) Title of Class Securities: Common Stock, $0.0001 Par Value
(e) CUSIP Number: 64124H-10-9
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Page 5 of __ Pages
Leadville A.V.V.
(a) Name of Person Filing:
Leadville A.V.V.
(b) Address:
Sun Plaza, Suite 306, L.G.
Smith Blvd. 160
Aruba, Netherlands Antilles
(c) Citizenship or Place of Organization:
Netherlands Antilles
(d) Title of Class Securities:
Common Stock, $0.0001 Par Value
(e) CUSIP Number: 64124H-10-9
Item 3.
Not applicable
Item 4. Ownership.
H&S Trust
(a) Amount Beneficially Owned
3,751,656 shares
(b) Percent of Class:
12.17%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote (through the three
corporations described and listed in the first paragraph under Item 2 hereof):
3,751,656 shares (includes 1,087,243 shares issued in January 1997 upon
conversion of warrants to purchase Commom Stock
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<PAGE>
Page 6 of __ Pages
(ii) shared power to vote or to direct the vote:
None
(iii) sole power to dispose or to direct the disposition of (through the
three corporations described and listed in the first paragraph under Item 2
hereof):
3,751,656 shares (includes 1,087,243 shares issued in January 1997 upon
conversion of warrants to purchase Commom Stock)
(iv) shared power to dispose or to direct the disposition of :
None
Leadville A.V.V.
(a) Amount Beneficially Owned:
1,815,642 shares (includes 1,087,243 shares issued in January 1997 upon
conversion of warrants to purchase Commom Stock
(b) Percent of Class:
5.89%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote (includes
1,087,243 shares issued in January 1997 upon conversion of warrants to purchase
Commom Stock. As noted in the first paragraph under Item 2 hereof, these shares
are included in the 3,751,676 shares attributed to H&S Trust, as reported in
this Schedule 13G and listed above with respect to H&S Trust under this Item 4).
(ii) shared power to vote or to direct the vote:
None
6
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Page 7 of __ Pages
(iii) sole power to dispose or to direct the disposition of
(through the three corporations described and listed in the first paragraph
under Item 2 hereof): 3,751,656 shares (includes 1,087,243 shares issued in
January 1997 upon conversion of warrants to purchase Commom Stock. As noted in
the first paragraph under Item 2 hereof, these shares are included in the
3,751,676 shares attributed to H&S Trust, as reported in this Schedule 13G and
listed above with respect to H&S Trust under this Item 4).
(iv) shared power to dispose or to direct the disposition of:
None
Item 5. Ownership of Five Percent or Less
of a Class:
Not applicable
Item 6. Ownership
H&S Trust is the sole stockholder of three corporaitons,
Leadveille, A.V.V., Marineland, A.V.V. and Tehila Holdings,
A.V.V., which corporations are the record owners of the
securities reported in this Schedule 13G. Leadville, A.V.V.
holds in excess of 5% of the outstandign shares of the Issuer
These shares are reported under Item 4 above and are included
in those owned beneficailly, and being reported, by H&S Trust.
Item 7. Identification and Classification of Subsidiaries which
Acquired the Security Being Reported on by the
7
<PAGE>
Page 8 of __ Pages
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.
Date: February 13, 1997
H&S Trust
Signature: ----------------
Name/Title: by: Seymour Braun*
-----------------------
Seymour Braun
Attorney-in-Fact
LEADVILLE A.V.V.
----------------
by: Seymour Braun*
-----------------------
Seymour Braun
Attorney-in-Fact
* Power-of-Attorney previously filed
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