SUN EDMUND Y
SC 13D/A, 1998-08-28
Previous: SUN EDMUND Y, SC 13D, 1998-08-28
Next: SUN EDMUND Y, SC 13D/A, 1998-08-28



<PAGE>
 
                                                --------------------------------
                                                /        OMB APPROVAL          /
                                                --------------------------------
                                                / OMB Number:   3235-0145      /
                                                / Expires:  August 31, 1999    /
                                                / Estimated average burden     /
                                                / hours per response ... 14.90 /
                                                 -------------------------------

                                 UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549


                                 SCHEDULE 13D
                   Under the Securities Exchange Act of 1934
                              (Amendment No. 1)*



                          Digital Video Systems, Inc.
________________________________________________________________________________
                               (Name of Issuer)


                                 Common Stock
________________________________________________________________________________
                         (Title of Class of Securities)


                                   25387R100
        _______________________________________________________________
                                (CUSIP Number)

                      John Smuda, Chief Financial Officer
                          Digital Video Systems, Inc.
                               160 Knowles Drive
                              Los Gatos, CA 95032
                                (408) 874-8200
________________________________________________________________________________
         (Name, Address and Telephone Number of Person Authorized to 
                      Receive Notices and Communications)

                                   10-17-96
        _______________________________________________________________
            (Date of Event which Requires Filing of this Statement)


If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of (S)(S)240.13d.1(e), 240.13d-1(f) or 240.13d-1(g), check the
following box [_].

Note:  Schedules filed in paper format shall include a signed original and five 
copies of the schedule, including all exhibits. See (S)240.13d-7 for other
parties to whom copies are to be sent.

* 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).

Potential persons who are to respond to the collection of information contained 
in this form are not required to respond unless the form displays a currently 
valid OMB control number.
<PAGE>
 
  CUSIP No. 25387R100                                                
           ---------- 
 
- ------------------------------------------------------------------------------
 1.   NAME OF REPORTING PERSON 

      Dr. Edmund Y. Sun
                                         
- ------------------------------------------------------------------------------
 2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

      (a) [_]
      (b) [X]
- ------------------------------------------------------------------------------
 3.   SEC USE ONLY

 
- ------------------------------------------------------------------------------
 4.   SOURCE OF FUNDS

      PF

- ------------------------------------------------------------------------------
 5.   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT 
      TO ITEMS 2(d) or 2(E) 

      N/A

- ------------------------------------------------------------------------------
 6.   CITIZENSHIP OR PLACE OF ORGANIZATION

      U.S.A.

- ------------------------------------------------------------------------------
                     7.   SOLE VOTING POWER
                          
     NUMBER OF            7,822,418
                             
      SHARES       -----------------------------------------------------------
                     8.   SHARED VOTING POWER
   BENEFICIALLY          
                          0
     OWNED BY                    
                   -----------------------------------------------------------
       EACH          9.   SOLE DISPOSITIVE POWER
                          
    REPORTING             7,822,418
                         
      PERSON       -----------------------------------------------------------
                    10.   SHARED DISPOSITIVE POWER
       WITH          
                          0
       
- ------------------------------------------------------------------------------
11.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

      7,822,418
- ------------------------------------------------------------------------------
12.   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

      N/A
- ------------------------------------------------------------------------------
13.   PERCENT OF CLASS REPRESENTED BY AMOUNT

      39.3%            
- ------------------------------------------------------------------------------
14.   TYPE OF REPORTING PERSON

      IN

- ------------------------------------------------------------------------------


<PAGE>
 
Item 1.  Security and Issuer.
- ----------------------------

        Common Stock
        Digital Video Systems, Inc.

Item 2.  Identity and Background.
- --------------------------------

        (a)  Dr. Edmund Y. Sun

        (b)  160 Knowles Dr., Los Gatos, CA 95032

        (c)  Chairman of the Board and Chief Executive Officer of Digital Video
             Systems, Inc., 160 Knowles Dr., Los Gatos, CA 95032. Digital Video
             Systems develops, manufactures and markets DVD-ROM products, DVD
             players, Video CD players, including subassemblies and components,
             industrial Video CD products, Video Network products, digital ad
             insertion products, and MPEG encoding and authoring products for
             entertainment, business and educational uses.

        (d)  No
 
        (e)  No

        (f)  U.S.A.

Item 3.  Source and Amount of Funds or Other Consideration.
- ----------------------------------------------------------

        Personal Funds

Item 4.  Purpose of Transaction.
- -------------------------------

        Issuance of shares in connection with a stock swap whereby all of the 
stock of ViComp Technology, Inc. was acquired in exchange for shares of Issuer.

Item 5.  Interest in Securities of the Issuer.
- ---------------------------------------------

        (a)  7,822,418     39.3%

        (b)  Sole Voting Power          7,822,418
             Shared Voting Power           0
             Sole Dispositive Power     7,822,418
             Shared Dispositive Power      0

        (c)  None

        (d)  N/A

        (e)  N/A

<PAGE>
 
Item 6.  Contracts, Arrangements, Understanding or Relationships with Respect to
- --------------------------------------------------------------------------------
         Securities of the Issuer.
         ------------------------         

        None

Item 7.  Material to be Filed as Exhibits.
- -----------------------------------------

        None.

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.


August 6, 1998
- --------------------------------------------------------------------------------
Date


/s/ Edmund Y. Sun
- --------------------------------------------------------------------------------
Signature


Dr. Edmund Y. Sun, Director, Chairman of the Board and Chief Executive Officer*
- --------------------------------------------------------------------------------
Name/Title



*       Since the Date of Event Which Requires the Filing of this Statement, Dr.
        Sun has resigned as Chief Executive Officer and is now Director,
        Chairman of the Board and Chief Technology Officer.


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission