UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
Under the Securities Exchange Act of 1934
(Amendment No. )(1)
Hawaiian Natural Water Company, Inc.
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(Name of Issuer)
Common Stock, no par value
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(Title of Class of Securities)
419883 10 3
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(CUSIP Number)
August 2, 1998
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(Date of Event Which Requires Filing of this Statement)
(1) 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).
Page 1 of 6 Pages
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CUSIP No. 419883 10 3
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1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
8607 Colonial Group, Inc.
11-344-3131
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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
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
New York
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5 Sole Voting Power
Number of
Shares 300,000
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 0
Person --------------------------------------------------------
With 7 Sole Dispositive Power
300,000
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8 Shared Dispositive Power
0
--------------------------------------------------------
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
300,000
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
7.1%
- --------------------------------------------------------------------------------
12 Type of Reporting Person
CO
- --------------------------------------------------------------------------------
SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 6 Pages
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Item 1(a). Name of Issuer:
Hawaiian Natural Water Company, Inc.
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Item 1(b). Address of Issuer's Principal Executive Offices:
248 Mokauea Street, Honolulu, Hawaii 96819
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Item 2(a). Name of Person Filing:
8607 Colonial Group, Inc.
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Item 2(b). Address of Principal Business Office or, if None, Residence:
75 Maiden Lane, Suite 346, New York, New York 10038
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Item 2(c). Citizenship:
New York corporation
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Item 2(d). Title of Class of Securities:
Common Stock, no par value
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Item 2(e). CUSIP Number:
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Item 3. If This Statement is Filed Pursuant to Rule 13d-l(b), or 13d-2(b) or
(c), Check Whether the Person Filing is a:
(a) |_| Broker or dealer registered under Section 15 of the Exchange Act.
(b) |_| Bank as defined in Section 3(a)(6) of the Exchange Act.
(c) |_| Insurance company as defined in Section 3(a)(19) of the Exchange
Act.
(d) |_| Investment company registered under Section 8 of the Investment
Company Act.
(e) |_| An investment adviser in accordance with Rule 13d-l(b)(l)(ii)(E);
Page 3 of 6 Pages
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(f) |_| An employee benefit plan or endowment fund in accordance with
Rule 13d-1(b) (I)(ii)(F);
(g) |_| A parent holding company or control person in accordance with
Rule 13d-l(b)(l)(ii)(G);
(h) |_| A savings association as defined in Section 3(b) of the Federal
Deposit Insurance Act;
(i) |_| A church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment
Company Act;
(j) |_| Group, in accordance with Rule 13d-1(b)(I)(ii)(J).
If this statement is filed pursuant to Rule 13d-l(c), check this box. |X|
Item 4. Ownership.
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned:
300,000
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(b) Percent of class:
7.1%
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(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote 300,000
----------------------
(ii) Shared power to vote or to direct the vote 0
----------------------
(iii) Sole power to dispose or to direct the
disposition of 300,000
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(iv) Shared power to dispose or to direct the
disposition of 0
----------------------
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following |_|.
Page 4 of 6 Pages
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Item 6. Ownership of More than Five Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to
direct the receipt of dividends from, or the proceeds from the sale of, such
securities, a statement to that effect should be included in response to this
item and, if such interest relates to more than five percent of the class, such
person should be identified. A listing of the shareholders of an investment
company registered under the Investment Company Act of 1940 or the beneficiaries
of an employee benefit plan, pension fund or endowment fund is not required.
N/A
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on by the Parent Holding Company.
If a parent holding company has filed this schedule, pursuant to Rule
13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the
identity and the Item 3 classification of the relevant subsidiary. If a parent
holding company has filed this schedule pursuant to Rule 13d-1(c), attach an
exhibit stating the identification of the relevant subsidiary.
N/A
Item 8. Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to Rule 13d-l(b)(l)(ii)(J), so
indicate under Item 3(h) and attach an exhibit stating the identity and Item 3
classification of each member of the group. If a group has filed this schedule
pursuant to Rule 13d-1(d), attach an exhibit stating the identity of each member
of the group.
N/A
Item 9. Notice of Dissolution of Group.
Notice of dissolution of a group may be furnished as an exhibit stating
the date of the dissolution and that all further filings with respect to
transactions in the security reported on will be filed, if required, by members
of the group, in their individual capacity.
N/A
Item 10. Certifications.
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.
Page 5 of 6 Pages
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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.
August 26, 1998
-----------------------------------
(Date)
8607 COLONIAL GROUP, INC.
/s/ Michael A. Gaggi
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By: Michael A. Gaggi, President
Page 6 of 6 Pages
