UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 3)* Ranger Industries, Inc. -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $.01 -------------------------------------------------------------------------------- (Title of Class of Securities) 75907105 -------------------------------------------------------------------------------- (CUSIP Number) John N. Turitzin Paul, Hastings, Janofsky & Walker LLP 399 Park Avenue New York, New York 10022 -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) February 6, 2001 -------------------------------------------------------------------------------- (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 Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-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 Section 240.13d-7 for other parties to whom copies are to be sent. * 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 on 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. Page 1 of 6 Pages CUSIP No. 75907105 SCHEDULE 13D Page 2 of 6 Pages ________________________________________________________________________________ 1. Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only). Pure Group, Inc. ________________________________________________________________________________ 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) [X] (b) [_] ________________________________________________________________________________ 3. Sec Use Only ________________________________________________________________________________ 4. Source of Funds (See Instructions) 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 Delaware ________________________________________________________________________________ 7. Sole Voting Power 0 ________________________________________________________________ Number of 8. Shared Voting Power Shares Beneficially 0 Owned by ________________________________________________________________ Each 9. Sole Dispositive Power Reporting Person 0 With ________________________________________________________________ 10. Shared Dispositive Power 0 ________________________________________________________________________________ 11. Aggregate Amount Beneficially Owned by Each Reporting Person 0 ________________________________________________________________________________ 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) 0% ________________________________________________________________________________ 14. Type of Reporting Person (See Instructions) CO ________________________________________________________________________________ CUSIP No. 75907105 SCHEDULE 13D Page 3 of 6 Pages ________________________________________________________________________________ 1. Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only). Tangible Media, Inc. ________________________________________________________________________________ 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) [X] (b) [_] ________________________________________________________________________________ 3. Sec Use Only ________________________________________________________________________________ 4. Source of Funds (See Instructions) OO ________________________________________________________________________________ 5. Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] ________________________________________________________________________________ 6. Citizenship or Place of Organization Delaware ________________________________________________________________________________ 7. Sole Voting Power 0 ________________________________________________________________ Number of 8. Shared Voting Power Shares Beneficially 0 Owned by ________________________________________________________________ Each 9. Sole Dispositive Power Reporting Person 0 With ________________________________________________________________ 10. Shared Dispositive Power 0 ________________________________________________________________________________ 11. Aggregate Amount Beneficially Owned by Each Reporting Person 0 ________________________________________________________________________________ 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [_] ________________________________________________________________________________ 13. Percent of Class Represented by Amount in Row (11) 0% ________________________________________________________________________________ 14. Type of Reporting Person (See Instructions) CO ________________________________________________________________________________ CUSIP No. 75907105 SCHEDULE 13D Page 4 of 6 Pages ________________________________________________________________________________ 1. Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only). Isaac Perlmutter ________________________________________________________________________________ 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) [X] (b) [_] ________________________________________________________________________________ 3. Sec Use Only ________________________________________________________________________________ 4. Source of Funds (See Instructions) 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 USA ________________________________________________________________________________ 7. Sole Voting Power 0 ________________________________________________________________ Number of 8. Shared Voting Power Shares Beneficially 0 Owned by ________________________________________________________________ Each 9. Sole Dispositive Power Reporting Person 0 With ________________________________________________________________ 10. Shared Dispositive Power 0 ________________________________________________________________________________ 11. Aggregate Amount Beneficially Owned by Each Reporting Person 0 ________________________________________________________________________________ 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) 0% ________________________________________________________________________________ 14. Type of Reporting Person (See Instructions) IN ________________________________________________________________________________ SCHEDULE 13D Page 5 of 6 Pages This amends the Schedule 13D filed by the Reporting Persons on or about September 25, 1997 as amended by Amendment No. 1 filed on March 12, 1998 and Amendment No. 2 filed on January 4, 2001. Capitalized terms used herein without definition have the meanings ascribed to them in the Schedule 13D. I. Item 4 of the Schedule 13D, "Purpose of Transaction," is hereby amended to include the following: "The Tender Offer closed on February 6, 2001. The Reporting Persons tendered and Bumgarner purchased 1,102,100 shares and 34,037 shares of the Common Stock of the Company beneficially owned by Pure Group, Inc. and Tangible Media, Inc., respectively. Mr. Perlmutter resigned as a director of the Company immediately prior to the closing of the Tender Offer." II. Items 5(a), 5(b), 5(c) and 5(e) of the Schedule 13D, "Interest in Securities of the Issuer," are hereby amended and restated in their entirety as follows: "(a) None of the Reporting Persons own shares of the Common Stock of the Company." "(b) None of the Reporting Persons have any voting power or dispositive power with respect to any shares of Common Stock of the Company." "(c) Pure Group, Inc. and Tangible Media, Inc. sold 1,102,100 shares and 34,037 shares, respectively, of the Common Stock for $2.00 per share on February 6, 2001 to Bumgarner, pursuant to the Tender Offer and the Stock Purchase Agreement." "(e) Each Reporting Person ceased to be a beneficial owner of more than five percent of the Common Stock on February 6, 2001." III. Item 6 of the Schedule 13D, "Contracts, Arrangements, Understandings, or Relationships with Respect to Securities of the Issuer," is hereby amended to include the following: "There are no contracts, arrangements, understandings or relationships (legal or otherwise) among the persons named in Item 2 and between any of the Reporting Persons and any other person with respect to any securities of the Company, including but not limited to transfer or voting of any such securities, finder's fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies." 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: February 12, 2001 Pure Group, Inc. Tangible Media, Inc. By: /s/ Isaac Perlmutter By: /s/ Isaac Perlmutter --------------------------- -------------------------- Name: Isaac Perlmutter Name: Isaac Perlmutter Title: President Title: Vice President /s/ Isaac Perlmutter ------------------------------ Isaac Perlmutter (individually)