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FORM 3 OMB APPROVAL
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OMB Number 3235-0104
Expires: December 31, 2001
Estimated average burden hours
per response...............0.5
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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF 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(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
W-L Associates, LLC, c/o Wasteco Management Corp.
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(Last) (First) (Middle)
c/o Corporation Service Company 1013 Centre Road
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(Street)
Wilmington Delaware 19805
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(City) (State) (Zip)
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2. Date of Event Requiring Statement (Month/Day/Year)
06/15/2000
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3. IRS Identification Number of Reporting Person, if an Entity (Voluntary)
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4. Issuer Name and Ticker or Trading Symbol
Compost America Holding Company, Inc.-- CAHC
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5. Relationship of Reporting Person to Issuer
(Check all applicable)
[_] Director [X] 10% Owner
[_] Officer (give title below) [_] Other (specify below)
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6. If Amendment, Date of Original (Month/Day/Year)
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7. Individual or Joint/Group Filing (Check applicable line)
[X] Form Filed by One Reporting Person
[_] Form Filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Beneficially Owned
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<TABLE>
<CAPTION>
2. Amount of Securities 3. Ownership Form:
1. Title of Security Beneficially Owned Direct (D) or 4. Nature of Indirect Beneficial Ownership
(Instr. 4) (Instr. 4) Indirect (I) (Instr. 5)
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<S> <C> <C> <C>
Common Stock, no par value 48,594,008 D
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Series A Exchangeable Redeemable 169,000 D
Preferred Stock, no par value
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</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
* If the Form is filed by more than one Reporting Person, see Instruction
5(b)(v).
(Over)
<PAGE>
FORM 3 (continued)
Table II -- Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<TABLE>
<CAPTION>
3. Title and Amount of Securities 5. Ownership
Underlying Derivative Security Form of
2. Date Exercisable (Instr. 4) Derivative
and Expiration Date ---------------------------------- 4. Conver- Security:
(Month/Day/Year) Amount sion or Direct 6. Nature of
---------------------- or Exercise (D) or Indirect
Date Expira- Number Price of Indirect Beneficial
1. Title of Derivative Exer- tion of Derivative (I) Ownership
Security (Instr. 4) cisable Date Title Shares Security (Instr. 5) (Instr. 5)
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<S> <C> <C> <C> <C> <C> <C> <C>
91,000 shares of Series (a) (a) Common Stock, no par value 16,608,263 (b) D
C Redeemable Convertible
Preferred Stock, no par
value
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</TABLE>
Explanation of Responses:
<TABLE>
<CAPTION>
<S> <C>
(a) Convertible into Common Stock at any time after 05/03/99. W-L Associates, LLC
(b) $.5479 per share of Common Stock with each share of the Series By: Wasteco Management Corp.,
C Redeemable Convertible Preferred Stock as Manager
being valued at $100 for this purpose. By: Peter Petrillo
President and sole Director
** Intentional misstatements or omissions of facts constitute of Wasteco Management Corp.
Federal Criminal Violations. See 18 U.S.C. 1001 and
15 U.S.C. 78ff(a).
/s/ Peter Petrillo October 18, 2000
Note: File three copies of this Form, one of which must be manually ------------------------------- -----------------------
signed. If space is insufficient, see Instruction 6 **Signature of Reporting Person Date
for procedure.
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