SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. _1_)*
Harmony Brook, Inc.
- -------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
- -------------------------------------------------------------------------------
(Title of Class of Securities)
413188 103
-----------------------------------------------------------------------
(CUSIP Number)
Check the following box if a fee is being paid with the statement [ ].
(A fee is not required only if the reporting person: (1) has a
previous statement on file reporting beneficial ownership of more than five
percent of the class of securities described in Item 1; and (2) has filed no
amendment subsequent thereto reporting beneficial ownership of five percent or
less of such class.) (See Rule 13d-7.)
*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 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).
(Continued on following page(s))
Page 1 of 7 Pages
<PAGE>
SCHEDULE 13G
- --------------------------------- --------------------
CUSIP No. 413488 103 Page 2 of 7 Pages
----------------------- ---------- ---------
- ------------- -----------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Cherry Tree Ventures IV, a limited partnership
FIN: 41-1690827
- ------------- -----------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) X
(b) [ ]
- ------------- -----------------------------------------------------------------
3 SEC USE ONLY
- ------------- -----------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Minnesota
- ------------------------- --------- -------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 266,666
OWNED BY
EACH
REPORTING
PERSON
WITH
--------- -------------------------------------------
6 SHARED VOTING POWER
0
--------- -------------------------------------------
7 SOLE DISPOSITIVE POWER
306,666 (inclds 40,000 shrs obtainable
upon exer. of options/warrnts)
--------- -------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- ------------- -----------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
306,666 (includes 40,000 shrs. obtainable upon exercise of
options and warrants)
- ------------- -----------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
- ------------- -----------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
3.81%
- ------------- -----------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
<PAGE>
- -------------------------------- -----------------------
CUSIP No. 413188 103 Page 3 of 7 Pages
----------------------- ---------- ----------
- ------------- -----------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Gordon F. Stofer
SS#: ###-##-####
- ------------- -----------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) X
(b) [ ]
- ------------- -----------------------------------------------------------------
3 SEC USE ONLY
- ------------- -----------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Minnesota
- ------------------------- --------- -------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 14,000
OWNED BY
EACH
REPORTING
PERSON
WITH
--------- -------------------------------------------
6 SHARED VOTING POWER
266,666
--------- -------------------------------------------
7 SOLE DISPOSITIVE POWER
14,000
--------- -------------------------------------------
8 SHARED DISPOSITIVE POWER
306,666 (inclds 40,000 shrs obtainable upon
exer. of options/warrnts)
- ------------- -----------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
320,666 (includes 40,000 shrs obtainable upon exercise of options
or warrants)
- ------------- -----------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
- ------------- -----------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
3.98%
- ------------- -----------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
<PAGE>
- --------------------------------- ---------------------
CUSIP No. 413188 103 Page 4 of 7 Pages
----------------------- ---------- ---------
- ------------- -----------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Tony J. Christianson
SS#: ###-##-####
- ------------- -----------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) X
(b) [ ]
- ------------- -----------------------------------------------------------------
3 SEC USE ONLY
- ------------- -----------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Minnesota
- ------------------------- --------- -------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY
EACH
REPORTING
PERSON
WITH
--------- -------------------------------------------
6 SHARED VOTING POWER
266,666
--------- -------------------------------------------
7 SOLE DISPOSITIVE POWER
0
--------- -------------------------------------------
8 SHARED DISPOSITIVE POWER
306,666 (inclds 40,000 shrs obtainable
upon exer of options/warrnts)
- ------------- -----------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
306,666 (includes 40,000 shrs obtainable upon exercise of options
or warrants)
- ------------- -----------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
- ------------- -----------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
3.81%
- ------------- -----------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
<PAGE>
Page 5 of 7
Item 1(a) Name of Issuer
Harmony Brook, Inc.
Item 1(: b) Address of Issuer's Principal Executive Offices:
1030 Lone Oak Road, #110
Eagan, MN 55121
Item 2(a) Name of Person Filing:
This statement is filed on behalf of Cherry Tree Ventures IV,
a Limited Partnership, and on behalf of Gordon F. Stofer and
Tony J. Christianson, who are Managing General Partners of
Cherry Tree Ventures IV.
Item 2(b) Address of Principal Business Office or, if none, Residence:
1400 Northland Plaza
3800 West 80th Street
Minneapolis, MN 55431
Each of Gordon F. Stofer and Tony J. Christianson has the
above address.
Item 2(c) Citizenship: Partnerships are organized in Minnesota.
Each of Gordon F. Stofer and Tony J. Christianson is a
citizen of the United States.
Item 2(d) Title of Class of Securities:
Common Stock
Items 2(e) CUSIP Number:
413188 103
Item 3 If this Statement is Filed Pursuant to Rules 13d-1(b), or
13d-2(d), Check Whether the Person Filing is a:
Not Applicable.
<PAGE>
Page 6 of 7
Item 4 Ownership:
(a) Amount Beneficially Owned:
See pages 2, 3 & 4 - Item 9
Mr. Christianson and Mr. Stofer are members of this
group because of their positions as Managing General
partners of Cherry Tree Ventures IV; voting and
control is based on their role as Managing General
Partners of Cherry Tree Ventures IV and they disclaim
beneficial ownership of those shares.
(b) Percent of Class:
See pages 2, 3, & 4 - Item 11
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote
see pages 2, 3, & 4, Items 5-8
(ii) shared power to vote or to direct the vote:
see pages 2, 3, & 4, Items 5-8
(iii) sole power to dispose or to direct the
disposition of:
see pages 2, 3, & 4, Items 5-8
(iv) shared power to dispose or to direct the
disposition of:
see pages 2, 3, & 4, Items 5-8
Item 5 Ownership of Five Percent or Less of a Class:
Cherry Tree Ventures IV ceases to be the beneficial owner of
more than 5% of the common stock outstanding.
Item 6 Ownership of More than Five Percent on Behalf of Another
Person:
Not Applicable.
Item 7 Identification and Classificaiton of the Subsidiary Which
Acquired the Security Being Reported on by the
Parent Holding Company:
Not Applicable.
<PAGE>
Page 7 of 7
Item 8 Identification and Classification of Members of the Group:
The Group is Cherry Tree Ventures IV. Mr. Stofer and Mr.
Christianson are members of this group because
of their positions as Managing General Partners of Cherry
Tree Ventures IV, voting and control is based on
their roles as Managing General Partners of Cherry Tree
Ventures IV and they disclaim beneficial ownership
of those shares.
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.
Dated: January 30, 1997 CHERRY TREE VENTURES IV,
LIMITED PARTNERSHIP
By /s/ Tony J. Christianson By /s/ Tony J. Christianson
Tony J. Christianson Tony J. Christianson
Individual Managing General Partner
By /s/ Gordon F. Stofer By /s/ Gordon F. Stofer
Gordon F. Stofer Gordon F. Stofer
Individual Managing General Partner
