Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
FRENKEL LEONID
  2. Issuer Name and Ticker or Trading Symbol
VENDINGDATA CORP [VNX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
C/O TRIAGE CAPITAL LF GROUP, LLC, 401 CITY AVENUE, SUITE 800
3. Date of Earliest Transaction (Month/Day/Year)
04/08/2005
(Street)

BALA CYNWYD, PA 19004
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 04/08/2005   J(1)   422,553 D (1) 0 I Footnote (2)
Common Stock 04/08/2005   J(1)   25,500 D (1) 0 D (2)  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Warrants $ 0.01 04/08/2005   J(1)   422,553   04/08/2006 04/08/2010 Common Stock 422,553 (3) 1 I Footnote (2)
Warrants $ 0.01 04/08/2005   J(1)   25,500   04/08/2006 04/08/2010 Common Stock 25,500 (3) 1 D (2)  
Warrants $ 2.25             04/08/2005 12/15/2007 Common Stock 300,000   1 I Footnote (2)
Warrants $ 2.25             04/08/2005 11/21/2008 Common Stock 50,000   1 I Footnote (2)
Warrants $ 2.25             04/08/2005 06/18/2008 Common Stock 50,000   1 I Footnote (2)
Warrants $ 2.25             04/08/2005 07/24/2008 Common Stock 50,000   1 I Footnote (2)
Convertible Notes $ 1.65             04/08/2005 02/15/2008 Common Stock 1,363,638   1 I Footnote (2)

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
FRENKEL LEONID
C/O TRIAGE CAPITAL LF GROUP, LLC
401 CITY AVENUE, SUITE 800
BALA CYNWYD, PA 19004
    X    
TRIAGE CAPITAL LF GROUP, LLC
401 CITY AVENUE, SUITE 800
BALA CYNWYD, PA 19004
    X    

Signatures

 /s/ Leonid Frenkel   04/08/2005
**Signature of Reporting Person Date

 Triage Capital LF Group, LLC /s/ Leonid Frenkel   04/08/2005
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) On April 8, 2005, the Reporting Persons (defined below in footnote 2) entered into a transaction with the Issuer pursuant to which the Reporting Persons exchanged all the Common Shares owned by them in return for Warrants (as further described in footnote 3) to purchase Common Shares of the Issuer.
(2) Leonid Frenkel ("Mr. Frenkel") is the managing member of Triage Capital LF Group, LLC, a Delaware limited liability company (together with Mr. Frenkel, the "Reporting Persons") that acts as the general partner to the general partner of both Triage Capital Management L.P. and Triage Capital Management B, L.P., and as the general partner to the investment manager of Triage Offshore Fund, Ltd, all of which are private investment funds in whose accounts portions of the reported securities are held. Mr. Frenkel also acts as the general partner of Periscope Partners L.P., a private investment fund in whose account a portion of the reported securities are held. The Reporting Persons disclaim beneficial ownership of the securities reported herein except to the extent of their pecuniary interest therein. This filing shall not be deemed an admission for Section 16 or otherwise, that the Reporting Persons are the beneficial owner of any of the securities covered by this filing.
(3) The Warrants are exercisable as of April 8, 2006 only on the condition that the holder (a Reporting Person or affiliated party) is registered with the Securities and Exchange Commission as an Investment Adviser as of such date.

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