SC 13G
1
a2049552zsc13g.txt
SCHEDULE 13G
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. __)*
CETALON CORPORATION
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
15718P105
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(CUSIP Number)
Brent Christensen, Esq.
Parsons Behle & Latimer
201 East Main St., Suite 1800
Salt Lake City, Utah 84145-0898
801.536.6711
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(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
May 8, 2001
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(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
/ / Rule 13d-1(b)
/X/ Rule 13d-1(c)
/ / Rule 13d-1(d)
*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 in 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).
CUSIP NO. 801833 10 4 PAGE 2 OF 7 PAGES
13G
========== =====================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Nature's Sunshine Products, Inc.
---------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / / /
(b) /X/ / /
---------- ---------------------------------------------------------------------
3 SEC USE ONLY
---------- ---------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Utah
---------- ---------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
------ -------------------------------------------------------
6 SHARED VOTING POWER
458,997 shares of Issuer's Common Stock
Options to purchase 458,997 shares of Issuer's
Common Stock
------ -------------------------------------------------------
7 SOLE DISPOSITIVE POWER
------ -------------------------------------------------------
8 SHARED DISPOSITIVE POWER
458,997 shares of Issuer's Common Stock
Options to Purchase 458,997 shares of Issuer's
Common Stock
---------- ---------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
917, 994 shares of Issuer's Common Stock
---------- ---------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* / /
---------- ---------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
16.5%
---------- ---------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
========== =====================================================================
CUSIP NO. 801833 10 4 PAGE 3 OF 7 PAGES
13G
========== =====================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Innovative Botanical Solutions, Inc.
---------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / / /
(b) /x/ / /
---------- ---------------------------------------------------------------------
3 SEC USE ONLY
---------- ---------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Utah
----------------- ------ -------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
------ -------------------------------------------------------
6 SHARED VOTING POWER
458,997 shares of Issuer's Common Stock
Options to purchase 458,997 shares of Issuer's Common
Stock
------ -------------------------------------------------------
7 SOLE DISPOSITIVE POWER
------ -------------------------------------------------------
8 SHARED DISPOSITIVE POWER
458,997 shares of Issuer's Common Stock
Options to Purchase 458,997 shares of Issuer's
Common Stock
---------- ---------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
917, 994 shares of Issuer's Common Stock
---------- ---------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* / /
---------- ---------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
16.5%
---------- ---------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
========== =====================================================================
CUSIP NO. 801833 10 4 PAGE 4 OF 7 PAGES
ITEM 1. ISSUER
(a) The name of the issuer is Cetalon Corporation.
(b) The address of the issuer's principal executive offices is
1801 Avenue of the Stars, Suite 600, Los Angeles, California 90067
ITEM 2. REPORTING PERSON
(a) This statement is being filed by Innovative Botanical Solutions,
Inc, a Utah corporation, and Nature's Sunshine Products, Inc., a Utah
corporation (together the "Reporting Persons").
(b) The Reporting Persons' business address is 75 East 1700 South,
P.O. Box 19005, Provo, Utah 84605-9005.
(c) The Reporting Persons are Utah corporations.
(d) Title and Class of Securities: Common Stock
(e) CUSIP Number: 15718P105
ITEM 3. STATEMENT FILED PURSUANT TO SECTIONS 240.13d-1(b) OR SECTIONS
240.13d-2(b) OR (c).
Not applicable.
ITEM 4. OWNERSHIP
(a) Amount Beneficially Owned: 917,994 shares of Issuer's Common
Stock. The shares are directly owned by Innovative Botanical Solutions, Inc, and
indirectly owned by Nature's Sunshine Products, Inc.
(b) Percent of Class: approximately 16.5%
(c) Number of shares as to which the Reporting Persons have:
(i) sole power to vote or direct the vote:
458,997 shares of Issuer's Common Stock Options to
Purchase 458,997 shares of Issuer's Common Stock
(ii) shared power to vote or to direct the vote: 0
(iii) sole power to dispose or to direct the disposition:
458,997 shares of Issuer's Common Stock Options to
Purchase 458,997 shares of Issuer's Common Stock
(iv) shared power to dispose or to direct the disposition: 0
CUSIP NO. 801833 10 4 PAGE 5 OF 7 PAGES
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
Not Applicable
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
Not Applicable
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
See Exhibit A.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBER OF THE GROUP
Not Applicable
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not Applicable
ITEM 10. CERTIFICATION
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were not acquired and are not held for the
purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
EXHIBITS. The following item is attached as an exhibit:
A. Statement of identity of relevant subsidiary pursuant to Item 7.
B. Joint filing agreement by and between Nature's Sunshine
Products, Inc. and Innovative Botanical Solutions, Inc.
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.
NATURE'S SUNSHINE PRODUCTS, INC.
By: /s/ Daniel P. Howells
-----------------------------------
Daniel P. Howells, Chief Executive
Officer
INNOVATIVE BOTANICAL SOLUTIONS, INC.
By: /s/ Joseph A. Speirs
-----------------------------------
Joseph A. Speirs, President
CUSIP NO. 801833 10 4 PAGE 6 OF 7 PAGES
EXHIBIT A
STATEMENT OF IDENTITY OF RELEVANT SUBSIDIARY
Nature's Sunshine Products, Inc. is the parent company of Innovative
Botanical Solutions, Inc., which acquired the securities that are the subject of
this 13D filing.
CUSIP NO. 801833 10 4 PAGE 7 OF 7 PAGES
EXHIBIT B
AGREEMENT
JOINT FILING OF SCHEDULE 13G
The undersigned hereby agree to jointly prepare and file with
regulatory authorities a Schedule 13G and any future amendments thereto
reporting each of the undersigned's ownership of securities of Cetalon
Corporation and hereby affirm that such Schedule 13G is being filed on behalf of
each of the undersigned.
IN WITNESS WHEREOF, the parties hereto have executed this Joint Filing
Agreement as of this 14th day of May, 2001.
NATURE'S SUNSHINE PRODUCTS, INC.
By: /s/ Daniel P. Howells
---------------------------------------
Daniel P. Howells, Chief Executive
Officer
INNOVATIVE BOTANICAL SOLUTIONS, INC.
By: /s/ Joseph A. Speirs
---------------------------------------
Joseph A. Speirs, President