SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
----------------
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
(Amendment No. 14 TO SCHEDULE 13D)
Under the Securities Exchange Act of 1934
BRITESMILE, INC.
--------------------------------------------------------------------------------
(Name of Issuer)
COMMON STOCK, PAR VALUE $.001 PER SHARE
--------------------------------------------------------------------------------
(Title of Class of Securities)
110415106
--------------------------------------------------------------------------------
(CUSIP Number)
CRAIGH LEONARD, ESQ.
BINGHAM MCCUTCHEN LLP
399 PARK AVENUE
NEW YORK, NEW YORK 10022-4689
(212) 705-7000
--------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
November 20, 2002
--------------------------------------------------------------------------------
(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 Rule 13d-1(e), 13d-1(f) or 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 Rule 13d-7 for
other parties to whom copies are to be sent.
(Continued on following pages)
(Page 1 of 12 Pages)
CUSIP No. 110415106 13D Page 2 of 12 Pages
________________________________________________________________________________
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
LCO INVESTMENTS LIMITED
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS
WC
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
GUERNSEY, CHANNEL ISLANDS
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF 1,130,105 (which includes 462,587 shares subject to
acquisition within 60 days on exercise of certain Warrants)
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
None
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 1,130,105 (which includes 462,587 shares subject to
acquisition within 60 days on exercise of certain Warrants)
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
None
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,130,105 (which includes 462,587 shares subject to
acquisition within 60 days on exercise of certain Warrants)
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
39.09%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON
CO
________________________________________________________________________________
CUSIP No. 110415106 13D Page 3 of 12 Pages
________________________________________________________________________________
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
THE ERSE TRUST
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS
Not applicable
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
GUERNSEY, CHANNEL ISLANDS
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF None
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
None
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING None
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
None
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,130,105 (which includes 462,587 shares subject to
acquisition within 60 days on exercise of certain Warrants)
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
39.09%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON
OO (Trust)
________________________________________________________________________________
The inclusion of The ERSE Trust in this Statement shall not be construed as an
admission that such party is, for purposes of Section 13(d) of the Securities
Exchange Act of 1934, the beneficial owner of any securities covered by this
Statement.
CUSIP No. 110415106 13D Page 4 of 12 Pages
________________________________________________________________________________
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
CAP ADVISERS LIMITED
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS
WC
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED KINGDOM
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF 3,000
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
19,520
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 3,000
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
19,520
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,156,892 (which includes 462,587 shares subject to
acquisition within 60 days on exercise of certain Warrants)
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
40.02%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON
CO
________________________________________________________________________________
CUSIP No. 110415106 13D Page 5 of 12 Pages
________________________________________________________________________________
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
ANTHONY M. PILARO
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS
Not Applicable
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
IRELAND
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF None
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
None
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING None
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
None
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,130,105 (which includes 462,587 shares subject to
acquisition within 60 days on exercise of certain Warrants)
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
39.09%%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON
IN
________________________________________________________________________________
The inclusion of Anthony M. Pilaro in this Statement shall not be construed
as an admission that such person is, for purposes of Section 13(d) of the
Securities Exchange Act of 1934, the beneficial owner of any securities covered
by this Statement.
CUSIP No. 110415106 13D Page 6 of 12 Pages
________________________________________________________________________________
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
THE LCP II TRUST
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS
Not Applicable
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
JERSEY, CHANNEL ISLANDS
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF 213,333
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
None
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 213,333
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
None
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
213,333
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.78%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON
00 (Trust)
________________________________________________________________________________
CUSIP No. 110415106 13D Page 7 of 12 Pages
________________________________________________________________________________
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
AMP TRUST
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS
WC
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
JERSEY, CHANNEL ISLANDS
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF 1,800
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
None
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 1,800
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
None
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,800
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
.07%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON
00 (Trust)
________________________________________________________________________________
CUSIP No. 110415106 13D Page 8 of 12 Pages
________________________________________________________________________________
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
CAP CHARITABLE FOUNDATION
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS
Not Applicable
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
GUERNSEY, CHANNEL ISLANDS
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF 3,000
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
None
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 3,000
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
None
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,000
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
.12%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON
00 (Trust)
________________________________________________________________________________
CUSIP No.110415106 13D Page 9 of 12 Pages
BRITESMILE, INC. SCHEDULE 13D
AMENDMENT NO. 14
NOTE: This Amendment No. 14 amends a Statement on Schedule 13D originally filed
on April 11, 1996 by LCO Investments Limited and others, as amended by an
Amendment No. 1 filed on December 6, 1996, by an Amendment No. 2 filed on
May 23, 1997, by an Amendment No. 3 filed on September 24, 1997, by an Amendment
No. 4 filed on December 1, 1997, by an Amendment No. 5 filed on May 11, 1998, by
an Amendment No. 6 filed on December 15, 1998, by an Amendment No. 7 filed on
July 2, 1999, by an Amendment No. 8 filed on November 8, 1999, by an Amendment
No. 9 filed on July 13, 2000, by an Amendment No. 10 filed on January 11, 2001,
by an Amendment No. 11 filed on July 23, 2001, by an Amendment No. 12 filed on
November 13, 2001 and by an Amendment No. 13 filed on December 17, 2001. This
Amendment No. 13 is filed on behalf of LCO Investments Limited
("LCO Investments"), The ERSE Trust, CAP Advisers Limited ("CAP Advisers"),
Anthony M. Pilaro, the LCP II Trust, the AMP Trust and CAP Charitable Foundation
("CAP Charitable").
This Amendment No. 14 is being filed, (a) to reflect the acquisition by LCO
Investments of 11,657 shares of Common Stock and of notes convertible into
416,667 shares of Common Stock; (b) to reflect the acquisition by CAP Advisers
of 4,267 shares of Common Stock; (c) to reflect the acquisition by LCP II Trust
of 13,333 shares of Common Stock and to reflect the addition of CAP Charitable
as a reporting person within this group. (The number of shares referred to has
been adjusted to reflect the 15 to 1 reverse stock split of the Common Stock
effective on January 27, 2003.) There has been no change in the information set
forth in response to Items 1, 4 and 6 of Schedule 13D. Accordingly, those Items
are omitted from this Amendment No. 14.
The inclusion of The ERSE Trust and Anthony M. Pilaro shall not be
construed as an admission that such parties are, for the purposes of
Section 13(d) of the Securities Exchange Act of 1934, the beneficial owners of
any securities covered by this Statement.
Item 2. Identity and Background.
CAP Charitable.
(a) A person included within the group filing this Statement is CAP
Charitable Foundation ("Cap Charitable").
(b) The business address of CAP Charitable is care of its sole trustee,
CAP Advisers Limited, 36 Fitzwilliam Place, Dublin 2, Ireland.
(c) The principal business of CAP Charitable is to serve as a private
trust to hold and invest funds for purposes that are charitable under Guernsey
law.
(d) CAP Charitable has not, during the last five years, been convicted in
any criminal proceeding (excluding any traffic violations or similar
misdemeanors).
(e) CAP Charitable, during the last five years, has not been a party to a
civil proceeding of a judicial or administrative body of competent jurisdiction
as a result of which proceeding it was or is subject to a judgment, decree or
final order enjoining future violations of or prohibiting or mandating
activities subject to federal or state securities laws or finding any violation
with respect to such laws.
Page 10 of 12 Pages
(f) CAP Charitable is a trust organized under the laws of Guernsey,
Channel Islands.
Item 3. Source and Amount of Funds or Other Consideration.
Reference is made to the cover pages of this statement for the source of
funds, if applicable, used by each person listed in Item 2 to acquire the Common
Stock which is beneficially owned by such person.
Item 5. Interest in Securities of the Issuer.
Item 5 is amended to add the following paragraphs:
Item 5(a) is hereby amended to read in its entirety as follows:
Reference is made to the cover pages of this Statement for the aggregate
number and the percentage of BriteSmile's outstanding Common Stock which is
beneficially owned by each person listed in Item 2. (The number of shares
referred to in the cover pages to this Amendment No. 14 has been adjusted to
reflect the 15 to 1 reverse stock split of the Common Stock effective on
January 27, 2003.)
Item 5(c) is amended to add the following:
In a series of purchases effected in the public markets from August 20,
2002 through September 4, 2002, LCP II Trust acquired an aggregate of 13,333
shares of Common Stock at an aggregate purchase price of $253,934.
In a series of purchases effected in the public markets from October 2,
2002 through October 4, 2002, LCO Investments acquired an aggregate of 11,657
shares of Common Stock at an aggregate purchase price of $88,418.
In a series of purchases effected in the public markets on October 9, 2002,
CAP Advisers acquired an aggregate of 4,267 shares of Common Stock for an
aggregate purchase price of $28,444.
On November 20, 2002, LCO Investments purchased from BriteSmile a 2%
promissory note of BriteSmile due 11/20/07 which is convertible into 416,667
shares of Common Stock. The aggregate purchase price for this note was
$6,250,000.
(The number of shares referred to above in this Item 5(c) of this Amendment No.
14 has been adjusted to reflect the 15 to 1 reverse stock split of the Common
Stock effective on January 27, 2003.)
Page 11 of 12 Pages
Item 7. Material to be Filed as Exhibits
Exhibit E which was previously filed, is the Power of Attorney and
Authorizing Agreement appointing Craigh Leonard as Attorney-in-Fact and
authorizing him to sign the Schedule 13D and all amendments thereto on
behalf of LCO Investments, The ERSE Trust, CAP Advisers Limited and Anthony
M. Pilaro.
Exhibit AA which was previously filed as an exhibit to the Form 3 filed by
LCP II with respect to shares of Common Stock, is the Power of Attorney
appointing Craigh Leonard as Attorney-in-Fact and authorizing him to sign
the Schedule 13D and all amendments thereto on behalf of The LCP II Trust.
Exhibit CC which was previously filed as an exhibit to the Form 3 filed by
AMP Trust with respect to shares of Common Stock, is the Power of Attorney
appointing Craigh Leonard as Attorney-in-Fact and authorizing him to sign
the Schedule 13D and all amendments thereto on behalf of AMP Trust.
Exhibit DD which was previously filed as an Exhibit to the Form 3 filed by
CAP Charitable Foundation with respect to shares of Common Stock, is the
Power of Attorney appointing Craigh Leonard as Attorney-in-Fact and
authorizing him to sign the Schedule 13D and all amendments thereto on
behalf of CAP Charitable Foundation.
Exhibit EE is the Amended and Restated Joint Filing Agreement among LCO
Investments Limited, the ERSE Trust, CAP Advisers Limited, Anthony M.
Pilaro, the LCP II Trust, the AMP Trust and CAP Charitable Foundation dated
January 17, 2003.
Page 12 of 12 Pages
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 27, 2003
LCO INVESTMENTS LIMITED
By: /s/Craigh Leonard
----------------------------------------
Craigh Leonard, Attorney-in-Fact
THE ERSE TRUST
By: /s/Craigh Leonard
----------------------------------------
Craigh Leonard, Attorney-in-Fact
CAP ADVISERS LIMITED
By: /s/Craigh Leonard
----------------------------------------
Craigh Leonard, Attorney-in-Fact
/s/Craigh Leonard
----------------------------------------
Anthony M. Pilaro
By: Craigh Leonard, Attorney-in-Fact
LCP II TRUST
By: /s/Craigh Leonard
----------------------------------------
Craigh Leonard, Attorney-in-Fact
AMP TRUST
By: /s/Craigh Leonard
----------------------------------------
Craigh Leonard, Attorney-in-Fact
CAP CHARITABLE FOUNDATION
By: /s/Craigh Leonard
----------------------------------------
Craigh Leonard, Attorney-in-Fact
Attention. Intentional misstatements or omissions of fact constitute federal
criminal violations (see 18 U.S.C. 1001).