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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2 )*
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The JPM Company
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(Name of Issuer)
The JPM Company, Common Stock par Value $.000067 per share.
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(Title of Class of Securities)
#465933-10-9
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(CUSIP Number)
Wayne Bromfield, The JPM Company, Route 15 North, Lewisburg, PA 17837,
(717) 524-8525
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(Name, Address, and Telephone Number of Person Authorized
to Receive Notices and Communications)
November 26, 1997
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(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 Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box [_].
Check the following box if a fee is being paid with the statement [_]. (A fee is
not required only if the reporting person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
Note: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1(a) 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 (however, see the
Notes).
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SCHEDULE 13D
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<CAPTION>
CUSIP No. 465933-10-9 Page 2 of 6 Pages
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<S> <C> <C>
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Janet B. Mathias
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2 Check the Appropriate Box if a Member of a Group*
(a) [_]
(b) [X]
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3 SEC Use Only
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4 Source of Funds* NONE
The change in beneficial ownership which triggered the requirement to amend this Schedule 13D is a
result of a sale of shares of the Common Stock.
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5 Check Box if Disclosure of Legal Proceedings is Required Pursuant
to Items 2(d) or 2(e)
[ ]
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6 Citizenship or Place of Organization
United States of America
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<TABLE>
<CAPTION>
<S> <C> <C>
7 Sole Voting Power
846,300
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Number of Shares 8 Shared Voting Power
Beneficially Owned by Each
Reporting Person With
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9 Sole Dispositive Power
846,300
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10 Shared Dispositive Power
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</TABLE>
<TABLE>
<CAPTION>
<S> <C> <C>
11 Aggregate Amount Beneficially Owned by Each Reporting Person
923,553
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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)
13.2%
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14 Type of Reporting Person*
IN
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</TABLE>
*SEE INSTRUCTION BEFORE FILLING OUT!
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SCHEDULE 13D PAGE 3 OF 6 PAGES
JANET B. MATHIAS
ITEM 1. SECURITY AND ISSUER
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(a) The JPM Company common stock par value $.000067 per share.
(b) The JPM Company
Route 15 North
Lewisburg, PA 17837
ITEM 2. IDENTITY AND BACKGROUND
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(a) Janet B. Mathias
(b) 4535 Pineridge Circle
Dunwoody, GA 30338
(c) Director
The JPM Company
(d) Ms. Mathias has not been convicted during the last five years in any
criminal proceedings.
(e) Ms. Mathias has not during the last five years been a party to any
civil proceedings or administrative actions under federal or state
securities laws.
(f) United States of America.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
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Not Applicable
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SCHEDULE 13D PAGE 4 OF 6 PAGES
JANET B. MATHIAS
ITEM 4. PURPOSE OF TRANSACTION This amendment to the Schedule 13 D is not the
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result of an acquisition. Further:
(a) Ms. Mathias currently has no plans to purchase additional
securities of the issuer. She may also dispose of additional
shares of the issuer in compliance with Rule 144 from time to
time depending on market conditions and in connection with the
issuer's proposed secondary stock offering.
(b) At this time, Ms. Mathias has no plans or proposals relating to
further extraordinary corporate transactions.
(c) There are no current plans for the sale or transfer of a material
amount of the assets of the issuer or any of its subsidiaries.
(d) There are no current plans to change the present board of
directors or management of the issuer, including any plans or
proposals to change the number of term of directors or to fill
any existing vacancies on the board.
(e) There are no current plans for any material change in the present
capitalization or dividend policy of the issuer.
(f) Currently there are no other plans for material change in the
issuer's business or corporate structure.
(g) Currently there are no changes in the issuer's charter, bylaws,
or other instruments which may impede the acquisition or control
of the issuer by any person.
(h) Currently there is no class of securities of the issuer to be
delisted from a national securities exchange or to cease to be
authorized to be quoted in an inter-dealer quotation system of
registered national securities association.
(i) Currently there is no class of equity securities of the issuer
becoming eligible for termination of registration pursuant to
Section 12(g)(4) of the Securities and Exchange Act of 1934.
(j) Currently there are no plans for any other actions similar to
those enumerated above.
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SCHEDULE 13D PAGE 5 OF 6 PAGES
JANET B. MATHIAS
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
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(a) Janet B. Mathias currently beneficially owns 923,553 shares, which
represents 13.2% of the outstanding Company common stock, par value
$.000067 per share. Of the 923,553 shares, 846,300 shares are
individually owned by Ms. Mathias and 77,253 shares are owned by the
Janet B. Mathias Trust, of which Janet B. Mathias is the sole
residuary beneficiary, but as to which she has no voting or
dispositive power.
(b) Ms. Mathias has the sole power to dispose of the 846,300 shares. Ms.
Mathias has no voting or dispositive power of the 77,253 shares owned
by the Janet B. Mathias Trust, as to which Mr. Bruce M. Eckert shares
voting and dispositive power as a trustee.
(c) Janet B. Mathias sold 2,500 shares on November 26, 1997 and 2,500
shares on November 28, 1997 in compliance with Rule 144.
(d) Currently, Ms. Mathias is unaware of any other person known to have
the right to receive or the power to direct the receipt of the
proceeds from the sale of The JPM Company Securities.
(e) Not applicable.
ITEM 6. CONTRACT, ARRANGEMENTS, UNDERSTANDINGS, OR RELATIONSHIPS WITH RESPECT
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TO SECURITIES OF THE ISSUER
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Currently, Ms. Mathias has no contracts, arrangements, understandings
or relationships (legal or otherwise) with any person with respect to
any securities of the Company, including but not limited to transfer
or voting of any of the securities, finder's fees, joint ventures,
loans or option arrangements, put or calls, guarantees of profits,
division of profits or loss or the giving or withholding of proxies,
naming the persons with whom such contracts, arrangements,
understandings or relationships have been entered into.
ITEM. 7. MATERIAL TO BE FILED AS EXHIBITS
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Not Applicable
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SCHEDULE 13D PAGE 6 OF 6 PAGES
JANET B. MATHIAS
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.
December 2, 1997 /s/ Janet B. Mathias
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Date Signature
Janet B. Mathias, Director
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Name and title
