UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities and Exchange Act of 1934
(Amendment No. 1 )
Creative Programming and Technology Ventures, Inc.
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(Name of Issuer)
Common Stock, $.01 Par Value
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(Title of Class of Securities)
22528Q109
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(CUSIP Number)
Check the following box if a fee is being paid with this statement |_|. (A fee
is not required only if the filing 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 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).
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CUSIP No. 22528Q109 Page 2 of 6
1. Name of Reporting Person
Gary R. Vickers
SSN or EIN of Above Person
###-##-####
2. Check the Appropriate Box if a member of a Group
N/A
3. SEC Use Only
4. Citizenship of Place of Organization
United States of America
5. Sole Voting Power
1,993,200
6. Shared Voting Power
-0-
7. Sole Dispositive Power
980,000
8. Shared Dispositive Power
-0-
9. Aggregate Amount Beneficially Owned by Each Reporting Person
980,000
10. Check box if the Aggregate Amount in Row (9) Excludes Certain
Shares
11. Percent of Class Represented by Amount in Row 9
26.4%
12. Type of Reporting Person
IN
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CUSIP No. 22528Q109 Page 3 of 6
Item 1.
(a) Name of Issuer:
Creative Programming and Technology Ventures, Inc.
(b) Address of Issuer's Principal Executive Offices:
7900 East Union Avenue
Suite 1100
Denver, Colorado 80237
Item 2.
(a) Name of Person Filing: Gary R. Vickers
(b) Address of Principal Business Office or, if none,
Residence:
7900 East Union Avenue
Suite 1100
Denver, Colorado 80237
(c) Citizenship: USA
(d) Title of Class of Securities:
Common Stock, $.01 par value
(e) CUSIP Number:
25528Q109
Item 3. This statement is not filed pursuant to Rule 13d-1(b) or
13d-2(b). N/A
Item 4. Ownership
If the percent of the class owned, as of December 31 of the year
covered by the statement, or as of the last day of any month described in Rule
13d-1(b)(2), if applicable, exceeds five percent, provide the following
information as of that date and identify those shares which there is a right to
acquire.
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CUSIP No. 22528Q109 Page 4 of 6
(a) Amount Beneficially Owned:
The Reporting Person reports beneficial ownership of 980,000
shares of the Company's common stock, including:
(i) 491,000 shares of common; and
(ii) 489,000 shares of Series A Convertible Preferred Stock which is
entitled to vote on a share-for-share basis with the common stock
("Series A Convertible Preferred Stock"), and is immediately
convertible into common stock upon payment of a conversion premium of
$5.40 per share.
(b) Percent of Class:
26.4%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
The Reporting Person as the sole power to vote or direct the vote of
1,993,200 shares, including:
(i) 491,000 shares of Common Stock owned in the name of the
Reporting Person;
(ii) 489,000 shares of Series A Convertible Preferred Stock owned in
the name of the Reporting Person and is immediately convertible into
common stock upon payment of a conversion premium of $5.40 per share;
(iii) irrevocable proxy to vote 265,500 shares of common stock owned by
Gary Magness (which proxy expires by its terms on September 1, 1996);
(iv) irrevocable proxy to vote 236,700 shares of common stock owned by
Kim Magness (which proxy expires by its terms on September 1, 1996);
(v) irrevocable proxy to vote 255,500 shares of Series A Convertible
Preferred Stock owned by Gary Magness (which proxy expires by its terms
on September 1, 1996); and
(vi) irrevocable proxy to vote 255,500 shares of Series A Convertible
Preferred Stock owned by Kim Magness (which proxy expires by its terms
on September 1, 1996).
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CUSIP No. 22528Q109 Page 5 of 6
(ii) shared power to vote or to direct the vote:
None
(iii) sole power to dispose or to direct the disposition
of:
The Reporting Person has the sole power to dispose or to
direct the disposition of 980,000 shares, including:
(i) 491,000 shares of common stock;
(ii) 489,000 shares of Series A Convertible Preferred Stock and is
immediately convertible into common stock upon payment of a conversion
premium of $5.40 per share.
(iv) shared power to dispose or to direct the
disposition of:
n/a
Item 5. Ownership of Five Percent or Less of a Class N/A
Item 6. Ownership of More than Five Percent on Behalf of Another
Person
In May 1996, Mr. Gary Magness appointed by irrevocable proxy, Gary R.
Vickers his proxy to cast all votes represented by 255,500 shares of Series A
Convertible Preferred Stock and 265,500 shares of Common Stock. Consideration of
$500 and other good and valuable consideration was paid to Mr. Magness on May
28, 1996 on which date said proxy became effective.
In May 1996, Mr. Kim Magness appointed by irrevocable proxy, Gary R.
Vickers his proxy to cast all votes represented by 255,500 shares of Series A
Convertible Preferred Stock and 236,700 shares of Common Stock. Consideration of
$500 and other good and valuable consideration was paid to Mr. Magness on May
28, 1996 on which date said proxy became effective.
Both proxies described in the preceding two paragraphs expire by their
terms on September 1, 1996.
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent
Holding Company N/A
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CUSIP No. 22528Q109 Page 6 of 6
Item 8. Identification and Classification of Members of the Group
N/A
Item 9. Notice of Dissolution of Group N/A
Item 10. Certificate N/A
SIGNATURES
After reasonable inquiry and to the best of our knowledge and belief,
we certify that the information set forth in this statement is true, complete
and correct.
June 11, 1996 /s/ GARY R. VICKERS
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Date Gary R. Vickers
