UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13D
Under the Securities Exchange Act of 1934
LIBERTY GROUP HOLDINGS, INC. (formerly know as Bio-Response, Inc.)
(Name of Issuer)
Common Stock
(Title of Class of Securities)
530550 10 2
(CUSIP Number)
Mr. Frank Ferro, Sr. David Lubin, Esq.
c/o Ferro Foods Corporation Herrick, Feinstein LLP
11 52nd Street 2 Park Avenue
Brooklyn, New York 11232 New York, New York 10016
(718) 492-0793 (212) 592-1400
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
November 23, 1999
(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 .
*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).
(Continued on following page(s))
Page 1 of 5 Pages
<PAGE>
CUSIP No. 530550 10 2 13D Page 2 of 5 Pages
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Ferro Foods Corporation ("Ferro")
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
00
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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
USA
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7 SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
2,000,000
OWNED BY
-----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
PERSON -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
2,000,000
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,000,000 shares of Issuer Common Stock
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
31.37%
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14 TYPE OF REPORTING PERSON*
CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 530550 10 2 13D Page 3 of 5 Pages
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Item 1. Security and Issuer.
Common Stock, par value $.004 per share
Liberty Group Holdings, Inc.
(formerly known as Bio-Response, Inc.)
11 52nd Street
Brooklyn, New York 11232
- --------------------------------------------------------------------------------
Item 2. Identity and Background.
Ferro Foods Corporation, a Delaware corporation, has a principal
business of wholesale food distribution. Its principal place of
business and offices are located at 11 52ND Street, Brooklyn, New York
11232. During the last five years, Ferro has not been convicted in a
criminal proceeding. During the last five years, Ferro has not been
party to a civil or administrative proceeding related to federal or
state securities laws.
- --------------------------------------------------------------------------------
Item 3. Source and Amount of Funds or Other Consideration.
Shares of common stock of the Issuer have been exchanged for all of
the assets of Ferro, in accordance with the terms of an Asset Purchase
Agreement dated November 23, 1999, between Liberty Food Group, LLC (a
wholly-owned subsidiary of the Issuer), Frank Ferro, Sr. ("FF"), Frank
Gambino ("FG") and Ferro (the "Asset Purchase Agreement").
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Item 4. Purpose of Transaction.
The shares of common stock of the Issuer have been acquired by Ferro
for investment purposes only.
Ferro has no plans or proposals which would result in any of the
actions enumerated in Item 4(a) through (j) of Schedule 13D.
- --------------------------------------------------------------------------------
Item 5. Interest in Securities of the Issuer.
As of the date of this filing, Ferro is the beneficial owner of an
aggregate of 2,000,000 shares of Issuer Common Stock (the "Subject
Shares"), which shares represent 31.37% of the total outstanding
shares of Issuer Common Stock. The Subject Shares will be held, for a
period of 30 days, in escrow, in accordance with the terms of an
escrow agreement between Ferro, FF and FG (its sole stockholders), the
Issuer and the escrow agent named therein. If certain conditions are
not satisfied by FF and FG within such 30 day period, the number of
Subject Shares will be reduced to 1,000,000, and 1,000,000 shares will
be returned to the Issuer. The Subject Shares are intended to be
pledged as collateral for personal loans obtained by each of FF and FG
in order to satisfy indebtedness of Ferro incurred prior to the date
hereof.
Voting power of the Subject Shares is vested in Barry L. Hawk, who is
expected to become a director of the Issuer on or about December 3,
1999, pursuant to the terms of the Voting Trust and Proxy Agreement
dated as of the date hereof among the Issuer, Ferro, FF and FG (the
"Voting Trust Agreement").
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Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer.
Asset Purchase Agreement;
Escrow Agreement dated November 23, 1999 among Liberty Food Group LLC,
the Issuer, Ferro, Frank Ferro, Sr., Frank Gambino and Herrick,
Feinstein LLP as escrow agent (the "Escrow Agreement");
Voting Trust Agreement
<PAGE>
CUSIP No. 530550 10 2 13D Page 4 of 5 Pages
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Item 7. Material to be Filed as Exhibits.
Asset Purchase Agreement*
Escrow Agreement*
Voting Trust Agreement*
- -------------------------------
* Included as Exhibit to the Company's Current Report on Form 8-K, filed
November 26, 1999.
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<PAGE>
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.
November 23, 1999
----------------- ------------------------
Date Frank Ferro, Sr.
November 23, 1999
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Date Frank Gambino
Attention. Intentional misstatements or omissions of fact constitute federal
criminal violations (see 18 U.S.C. 1001).
