SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)
EMERSON RADIO CORP.
(Name of Issuer)
Common Stock, $.01 par value
(Title of Class of Securities)
291087203
(CUSIP Number)
with copy to:
Elizabeth J. Calianese, Esq. Mason H. Drake, Esq.
Emerson Radio Corp. Wollmuth Maher & Deutsch LLP
Nine Entin Road 500 Fifth Avenue, 12th Floor
Parsippany, New Jersey 07054 New York, New York 10110
(973) 884-5800 (212) 382-3300
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
July 31, 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 which is the subject of this Statement because of
Rule 13d-1(b)(3) or (4), check the following: |_|
|_|
Check the following box if a fee is being paid with this Statement: |_|
SCHEDULE 13D
CUSIP NO. 291087203
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1 NAMES OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE
PERSONS
Petra Stelling
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) |_|
(b) |_|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e) [x]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION:
Germany
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Number of 7 SOLE VOTING POWER 0
Shares -----------------------------------------------------------------
Beneficially 8 SHARED VOTING POWER 0
Owned by -----------------------------------------------------------------
Reporting 9 SOLE DISPOSITIVE POWER 0
Person With -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER 0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES
|_|
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0% (as of July 31, 2000).
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14 TYPE OF REPORTING PERSON*
IN
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Item 1. Security and Issuer.
This statement on amendment number 1 to Schedule 13D (the "Amended
Schedule 13D") relates to shares of common stock, par value $.01 ("Emerson
Common Stock") of Emerson Radio Corp. (the "Company"), whose executive offices
are located at 9 Entin Road, Parsippany, New Jersey 07054.
Item 2. Identity and Background.
The reporting party filing this Amended Schedule 13D is Petra Stelling
(the "Reporting Party"). The Reporting Party's address is Im Berghof 5, 8700
Kusnacht, Switzerland. The Reporting Party invests her own personal wealth and
is otherwise unemployed.
The Reporting Party has never been convicted in any criminal proceeding,
nor has she been a party to any civil proceeding commenced before a judicial or
administrative body of competent jurisdiction as a result of which she was or is
now 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. The Reporting Party is
a citizen of Germany.
Item 3. Source and Amount of Funds or Other Consideration.
On July 31, 2000, the Reporting Party sold 8,177,533 of Emerson Common
Stock (the "Shares") to the Company for $.50 per share, or $4,088,766.50.
Item 4. Purpose of Transaction.
Except as indicated in this Amended Schedule 13D, the Reporting Party
currently has, and on July 31, 2000 had, no plans or proposals that relate to or
would result in any of the matters described in subparagraphs (a) through (j) of
Item 4 of Schedule 13D.
Item 5. Interest in Securities of the Issuer.
As of July 31, 2000 and as of the date hereof, the Reporting Party did not
and does not beneficially own any shares of Emerson Common Stock. On May 25,
2000, the Reporting Party acquired 8,177,533 of Emerson Common Stock (the
"Shares") pursuant to a court ordered release of the Shares as part of
litigation involving the Reporting Party and the Company.
Item 6. Contracts, Arrangements, Understandings or Relationships with respect
to Securities of the Issuer
As of July 31, 2000 and as of the date hereof, except as described in the
litigation matter titled "Stelling" described in the Company's Form 8-K dated
June 9, 2000, there was and is no contract, arrangement, understanding or
relationship between the Reporting Party and the Company and any other person
with respect to any securities of the Company.
Item 7. Material to be Filed as Exhibits:
None.
SIGNATURES
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: March 8, 2001
Kusnacht, Switzerland /s/ Petra Stelling
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