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Katana Fund LLC, et al. – ‘SC 13D/A’ on 12/26/00 re: Viskase Companies Inc

On:  Tuesday, 12/26/00, at 12:48pm ET   ·   Accession #:  1089999-0-19   ·   File #:  5-07886

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

12/26/00  Katana Fund LLC                   SC 13D/A               2:14K  Viskase Companies Inc             Fileprep LLC/FA
          Katana Fund LLC
          Katana Fund LLC; Katana Capital Advisors LLC

Amendment to General Statement of Beneficial Ownership   —   Schedule 13D
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13D/A    Amendment Number 4                                     6±    24K 
 2: EX-1        Joint Filing Agreement                                 1      6K 


SC 13D/A   —   Amendment Number 4
Document Table of Contents

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11st Page   -   Filing Submission
"Common Stock


UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D/A Under the Securities Exchange Act of 1934 (Amendment No. 4) Viskase Companies Inc. ------------------------------------------------------------------------------ (Name of Issuer) Common Stock ------------------------------------------------------------------------------ (Title of Class of Securities) 29403700 ------------------------------------------------------------------------------ (CUSIP Number) Steven L. Gevirtz Katana Capital Advisors LLC Katana Fund LLC 1859 San Leandro Lane Santa Barbara, CA 93108 805-565-2232 ------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) December 20, 2000 ------------------------------------------------------------------------------- (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 that is the subject of this Schedule 13D, and is filing this schedule because of ss. 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box [_]. CUSIP No. 29403700 13D/A -------------------------------------------------------------------------------- 1. Name of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Katana Fund LLC I.D. # 77-0493842 -------------------------------------------------------------------------------- 2. Check the Appropriate Box If a Member of a Group (See Instructions) (a) [_] (b) [_] -------------------------------------------------------------------------------- 3. SEC Use Only -------------------------------------------------------------------------------- 4. Source of Funds (See Instructions) WC -------------------------------------------------------------------------------- 5. Check If Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [_] -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization California -------------------------------------------------------------------------------- 7. Sole Voting Power NUMBER OF 0 SHARES _________________________________________________________________ BENEFICIALLY 8. Shared Voting Power OWNED BY 2,637,652 EACH _________________________________________________________________ REPORTING 9. Sole Dispositive Power PERSON 0 WITH _________________________________________________________________ 10. Shared Dispositive Power 2,637,652 -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 2,637,652 -------------------------------------------------------------------------------- 12. Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [_] -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 17.3% -------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) 00 -------------------------------------------------------------------------------- CUSIP No. 29403700 13D/A ________________________________________________________________________________ 1. Name of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Katana Capital Advisors LLC I.D. # 77-0538075 -------------------------------------------------------------------------------- 2. Check the Appropriate Box If a Member of a Group (See Instructions) (a) [_] (b) [_] -------------------------------------------------------------------------------- 3. SEC Use Only -------------------------------------------------------------------------------- 4. Source of Funds (See Instructions) WC -------------------------------------------------------------------------------- 5. Check If Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [_] -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization California -------------------------------------------------------------------------------- 7. Sole Voting Power NUMBER OF 0 SHARES _________________________________________________________________ BENEFICIALLY 8. Shared Voting Power OWNED BY 2,637,652 EACH _________________________________________________________________ REPORTING 9. Sole Dispositive Power PERSON 0 WITH _________________________________________________________________ 10. Shared Dispositive Power 2,637,652 -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 2,637,652 -------------------------------------------------------------------------------- 12. Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [_] -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 17.3% -------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) IA -------------------------------------------------------------------------------- CUSIP No. 29403700 13D/A -------------------------------------------------------------------------------- 1. Name of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Steven L. Gevirtz -------------------------------------------------------------------------------- 2. Check the Appropriate Box If a Member of a Group (See Instructions) (a) [_] (b) [_] -------------------------------------------------------------------------------- 3. SEC Use Only -------------------------------------------------------------------------------- 4. Source of Funds (See Instructions) OO -------------------------------------------------------------------------------- 5. Check If Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [_] -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization United States of America -------------------------------------------------------------------------------- 7. Sole Voting Power NUMBER OF 0 SHARES _________________________________________________________________ BENEFICIALLY 8. Shared Voting Power OWNED BY 2,637,652 EACH _________________________________________________________________ REPORTING 9. Sole Dispositive Power PERSON 0 WITH _________________________________________________________________ 10. Shared Dispositive Power 2,637,652 -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 2,637,652 -------------------------------------------------------------------------------- 12. Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [_] -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 17.3% -------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) IN -------------------------------------------------------------------------------- CUSIP No. 29403700 13D/A ________________________________________________________________________________ This Statement, which is being filed by Katana Fund LLC, its manager, Katana Capital Advisors LLC and Steven L. Gevirtz, the President of Katana Capital Advisors LLC (the "Reporting Persons") constitutes Amendment Number Four to the Schedule 13D originally filed with the Securities and Exchange Commission on March 17, 2000 (the "Schedule 13D"). The Schedule 13D relates to the shares of Common Stock, par value $.01 per share (the "Common Stock"), of Viskase Companies, Inc., a Delaware Corporation (the "Company"). The item responses in this amendment show only changes in information from that previously filed. ------------------------------------------------------------------------------ Item 2. Identity and Background. Item 2 of Schedule 13D is amended to add Steven L. Gevirtz, the President of Katana Capital Advisors LLC, as a reporting person. Upon additional review of relevant legal authorities, the Reporting Persons have determined that Mr. Gevirtz should have been included as a reporting person on the amendment to Schedule 13D filed on July 3, 2000 (Amendment umber 2), as well as the subsequently filed Amendment Number 3. As such, this Item is hereby amended to correct those omissions. (a) Steven L. Gevirtz (b) 1859 San Leandro Lane, Santa Barbara, CA 93108 (c) Mr. Gevirtz is President of Katana Capital Advisors LLC, the manager of Katana Fund LLC and President of Streamline Capital Corporation, an investment banking business located at 901 Olive Street, Santa Barbara, California, 93101. (d) Not Applicable. (e) Not Applicable. (f) United States of America. ------------------------------------------------------------------------------ Item 5. Interest in Securities of the Issuer. Item 5 of the Schedule 13D is hereby amended to add the following: As of December 20, 2000, the date of the event that requires the filing of this Amendment to Schedule 13, the Reporting Persons beneficially owned 2,600,652 shares, representing 17.1% of the total outstanding shares of the class of securities identified pursuant to Item 1. On December 21, 2000, Katana Fund LLC purchased an additional 20,000 shares and, as a result, the Reporting Persons beneficially owned 2,620,652 shares, representing 17.2% of the total outstanding shares of the class of securities identified pursuant to Item 1. On December 22, 2000, Katana Fund LLC purchased an additional 17,000 shares and, as a result, the Reporting Persons beneficially owned 2,637,652 shares, representing 17.3% of the total outstanding shares of the class of securities identified pursuant to Item 1. The stated percentages are based on 15,253,489 shares of the Common Stock of the Company outstanding as of September 30, 2000, as reported in the Company's report on Form 10-Q, filed November 15, 2000. The following reportable transactions occurred during the sixty days prior to the filing of this 13D/A. Katana Fund LLC made all purchases: <PRE> Trade Blotter DATE BUY/SELL NUMBER OF SHARES PRICE PER TYPE OF SHARE TRANSACTION 12/20/2000 Buy 150,000 $1.15 OM* 12/21/2000 Buy 10,000 $1.04 OM* 12/21/2000 Buy 10,000 $1.04 OM* 12/22/2000 Buy 17,000 $1.04 OM* </PRE> *OM = Open Market ----------------------------------------------------------- Item 7. Material to be Filed as Exhibits. EXHIBIT INDEX Exhibit Number Description ------ ----------- 1 Joint Filing Agreement among the Reporting Persons, dated December 22, 2000. ------------------------------------------------------------------------------ SIGNATURES KATANA FUND LLC By: Katana Capital Advisors LLC, Manager By: /s/ _______________________________________________ Steven L. Gevirtz, President KATANA CAPITAL ADVISORS LLC By: /s/ ______________________________________________ Steven L. Gevirtz, President STEVEN L. GEVIRTZ By: /s/ ______________________________________________ Steven L. Gevirtz

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘SC 13D/A’ Filing    Date    Other Filings
Filed on:12/26/00
12/22/008-K
12/21/00
12/20/00
11/15/0010-Q
9/30/0010-Q,  8-K
7/3/00SC 13D/A
3/17/00SC 13D
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Filing Submission 0001089999-00-000019   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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