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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Home Security International, Inc.
________________________________________________________________________________
(Name of Issuer)
Common Stock, $0.001 par value per share
________________________________________________________________________________
(Title of Class of Securities)
437333107
_______________________________________________________________
(CUSIP Number)
Rodney Adler
Adler Corporation Pty Limited
Level 34, Australia Square
264-278 George Street
Sydney, New South Wales
Australia
011.61.2.9253.8500
________________________________________________________________________________
(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
November 6, 2000
_______________________________________________________________
(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 (S)240.13d-1(e), (S)240.13d-1(f) or (S)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 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 (however, see the
Notes).
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SCHEDULE 13D
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Page 2 of 3 Pages
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NAMES OF REPORTING PERSON
1 S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Adler Corporation Pty Limited
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
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SEC USE ONLY
3
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SOURCE OF FUNDS*
4
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [_]
5
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CITIZENSHIP OR PLACE OF ORGANIZATION
6
Australia
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SOLE VOTING POWER
7
NUMBER OF
307,606
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 0
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING
307,606
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
307,606
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12 [_]
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
5.28%
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TYPE OF REPORTING PERSON*
14
CO, HC
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Page 3 of 3 Pages
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This Amendment No. 1 supplements and amends the original filing on Schedule
13D by Adler Corporation Pty Limited (the "Reporting Person") dated August 1,
2000 ("Original Filing") This Amendment No. 1 is being filed to report the sale
of 292,394 shares of Common Stock of the Issuer. This Amendment No. 1
supplements and amends the Original Filing only with respect to Item 5 as set
forth below. All other items are unchanged from the Original Filing. All
capitalized terms not otherwise defined herein shall have the meanings ascribed
thereto in the Original Filing.
Item 5. Interest in the Securities of the Issuer.
(a)-(b). Pursuant to a private negotiated transaction, AC sold beneficial
ownership of 292,394 shares of Common Stock (4.97% of the total number of shares
of Common Stock outstanding, based on a total of 5,828,278 shares of Common
Stock outstanding on November 14, 2000). As a result, AC now holds direct
beneficial ownership of 307,606 shares of Common Stock (5.28% of the total
number of shares of Common Stock outstanding, based on a total of 5,828,278
shares of Common Stock outstanding on November 14, 2000). See Item 2 for
information on the Control Persons.
(c) Except for those shares acquired and disclosed herein, neither AC
nor the Control Persons, have acquired beneficial ownership of any Common Stock
within the last sixty (60) days.
(d) Not applicable.
(e) Not applicable
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: November 14, 2000
Adler Corporation Pty Limited
By: /s/ Rodney Adler
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Rodney Adler, Director
