UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
RENAISSANCE ENTERTAINMENT CORP.
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(Name of issuer)
COMMON STOCK
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(Title of class of securities)
75966Q-40-3
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(CUSIP number)
TIMOTHY J. STABOSZ, 1307 MONROE ST., LAPORTE, IN 46350 (219) 324-5087
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(Name, address and telephone number of person authorized to receive notices and
communications)
NOVEMBER 14, 2001
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(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 Rule 13d-1(b)(3) or (4), check the following box [_].
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 information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18of 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).
CUSIP No. 75966Q-40-3
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1. Names of Reporting Person
TIMOTHY J. STABOSZ
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2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) [_]
NOT APPLICABLE (b) [_]
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3. SEC Use Only
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4. Source of Funds (See Instructions) PF
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5. Check Box If Disclosure of Legal Proceedings Is Required Pursuant to
Items 2(d) or 2(e) [_]
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6. Citizenship or Place of Organization UNITED STATES
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Number of (7) Sole Voting Power 111,600
Shares ____________________________________________
Beneficially (8) Shared Voting Power 0
Owned by ____________________________________________
Each (9) Sole Dispositive Power 111,600
Reporting ____________________________________________
Person With (10) Shared Dispositive Power 0
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11. Aggregate Amount Beneficially Owned 111,600
by each Reporting Person
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12. Check if the Aggregate Amount in Row (11) Excludes [_]
Certain Shares
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13. Percent of Class Represented by Amount in Row (11) 5.2%
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14. Type of Reporting Person (See Instructions) IN
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ITEM 1. Security and Issuer
Common stock of Renaissance Entertainment Corp., 275 Century Circle, Suite
102, Louisville, CO 80027
ITEM 2. Identity and Background
Timothy Stabosz, of 1307 Monroe Street, LaPorte, IN 46350, a natural
person, is engaged as a full-time private investor. He has not been
convicted in a criminal proceeding (excluding traffic violations or other
similar misdemeanors) in the last 5 years, and has not been a party to any
allegations, proceedings, judgements, or enjoinments of or related to
violations of state or federal securities laws in his lifetime. He is a
citizen of the United States.
ITEM 3. Source and Amount of Funds or Other Consideration
Personal funds in the aggregate amount of $30,320.25 have been used to
effect the purchases. No part of the purchase price represents borrowed
funds.
ITEM 4. Purpose of Transaction
The respondent has acquired the shares solely for investment purposes.
Respondent believes that the company's return to profitability in fiscal
2000 represents a dramatic turnaround in the company's fortunes...a
turnaround that has not yet been realized in the investment community. The
respondent also believes that the recently announced sale of the company's
Virginia property (i.e. former Virginia fair site) will materially increase
the company's liquidity, while reducing interest expense. Finally, the
company possesses significant tax-loss carry forwards (i.e. NOL's) that will
allow it to offset taxes due on any future profits, up to the limit of the
NOL's. In short, while there is considerable risk (including an auditor's
"going concern" clause attached to the company's financial statements), the
respondent believes that the company has tremendous speculative appeal.
ITEM 5. Interest in Securities of the Issuer
As of December 8, 2001, respondent has sole voting and dispositive power
over 111,600 shares of Renaissance Entertainment Corp. common stock.
According to the the company's latest 10-Q filing, as of November 13, 2001,
there were 2,144,889 common shares outstanding. Respondent is therefore
deemed to own 5.2% of the company's common stock. Transactions effected by
the respondent in the past 60 days were performed in ordinary brokerage
transactions, and are listed as follows:
9/19/01 purchased 1200 shares @ .22 for an aggregate amount of $ 262.35
11/14/01 purchased 800 shares @ .27 for an aggregate amount of $ 215.75
11/15/01 purchased 4200 shares @ .25 for an aggregate amount of $1069.15
ITEM 6. Contracts, Arrangements, Understandings or Relationships
with Respect to Securities of the Issuer
Not Applicable
ITEM 7. Material to be Filed as Exhibits
Not Applicable
Date 12/8/01
Signature Timothy J. Stabosz
Name/Title Timothy J. Stabosz, Private Investor