INTERLOTT TECHNOLOGIES INC
SC 13G, 1998-03-06
REFRIGERATION & SERVICE INDUSTRY MACHINERY
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<PAGE>   1
                                UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                 SCHEDULE 13G


                   Under the Securities Exchange Act of 1934




                         Interlott Technologies, Inc.
 ------------------------------------------------------------------------------
                               (Name of Issuer)

                         Common Stock, $.01 par value
 ------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                    112986
                   -----------------------------------------
                                (CUSIP Number)

 Lloyd I. Miller, III, 4550 Gordon Drive, Naples, Florida 34102 (941) 262-8577
 ------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)

                              February 24, 1998
                   -----------------------------------------

           Check the appropriate box to designate the rule pursuant
                       to which this Schedule is filed:

                              / / Rule 13d-1(b)
                              /X/ Rule 13d-1(c)
                              / / 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 
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 ("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>   2

                                 SCHEDULE 13G

CUSIP NO. 112986                                          PAGE  2  OF 4  PAGES


1    NAME OF REPORTING PERSON
     S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
  
     Lloyd I. Miller, III           ###-##-####


2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 
                                                       
                                                         (a) [      ]
                                                         (b) [      ]
  
  
3    SEC USE ONLY
  
  
  
  
4    CITIZENSHIP OR PLACE OF ORGANIZATION
  
     United States
  
                    5    SOLE VOTING POWER
                        
                         105,700         
                        
                        
   NUMBER OF        6    SHARED VOTING POWER
    SHARES              
 BENEFICIALLY            77,600
   OWNED BY             
     EACH               
   REPORTING        7    SOLE DISPOSITIVE POWER
    PERSON              
     WITH                105,700

                        
                    8    SHARED DISPOSITIVE POWER
                        
                         77,600
                        
  
9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
  
     183,300            

  
  
10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES *
  
  
  
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
  
     5.7%
  
  
12   TYPE OF REPORTING PERSON*
  
     IN-IA


                      *SEE INSTRUCTION BEFORE FILLING OUT!


<PAGE>   3
                                                                    Page 3 of 4

Item 1.    (a).    Name of Issuer: 
 
                   Interlott Technologies, Inc.
                   
                 
           (b).    Address of Issuer's Principal Executive Offices:
                 
                   10830 Millington Ct
                   Cincinnati, Ohio 45242
                   
                 
Item 2.    (a).    Name of Person Filing:
                 
                   Lloyd I. Miller, III
                 
                 
           (b).    Address of Principal Business Office:
                 
                   4550 Gordon Drive, Naples, Florida 33940

           (c).    Citizenship:
                 
                   U.S.A.
                 
                 
           (d).    Title of Class of Securities:
                 
                   Common Stock, $0.01 par value
                 
           (e).    CUSIP Number:
                 
                   112986
                 
Item 3.    IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b) or 13d-2(b) or 
           (c), CHECK WHETHER THE PERSON FILING IS A:

           Not Applicable, this statement is filed pursuant to 13d-1(c)      
                 
Item 4.            Ownership:
                 
           (a).    183,300
                 
                   
                 
           (b).    5.7%
                 
                   
                 
           (c).    (i)      sole voting power:  105,700
                          
                   (ii)     shared voting power:   77,600
                          
                   (iii)    sole dispositive power: 105,700
                          
                   (iv)     shared dispositive power: 77,600

                          
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:
                 
                   Persons other than Lloyd I. Miller III have the right to
                   receive dividends from, or the proceeds from the sale of, 
                   the reported securities.  None of these persons has the 
                   right to direct such dividends or proceeds.
                 
                 
Item 7.            IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH 
                   ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT 
                   HOLDING COMPANY:                                  
                 
                   Not Applicable
                 


<PAGE>   4
                                                                     Page 4 of 4

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 not 
                   acquired and are 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 that purpose or effect.
                 
                 
                                  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.
                 
                                          March 6, 1998
                                          -------------
                 
                 
                 
                 
                                          By:  /s/ Lloyd I. Miller, III
                                               ------------------------
                                               Lloyd I. Miller, III






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