<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(a)
(Amendment No. 1)
CANISCO RESOURCES, INC.
- --------------------------------------------------------------------------------
(Name of Issuer)
COMMON STOCK, PAR VALUE $.0025 PER SHARE
- --------------------------------------------------------------------------------
(Title of Class of Securities)
137587-10-1
--------------------------------
(CUSIP NUMBER)
DECHERT PRICE & RHOADS
4000 Bell Atlantic Tower
1717 Arch Street
Philadelphia, PA 19103
Attention: David S. Denious, Esquire
(215) 994-4000
(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
January 7, 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(e), 13d-1(f) or 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 Rule 13d-7(b) 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.
<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 (the "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>
SCHEDULE 13D/A
- ------------------------------------------------------------------------------
CUSIP NO. 137587 10 1
- ------------------------------------------------------------------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Mellon Ventures, L.P.(I.R.S. No. 25-1779945)
- ------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [X]
- ------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC
- ------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [_]
- ------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
0
SHARES -----------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
-----------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
0
PERSON -----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
0
- ------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- ------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
<PAGE>
SHARES [_]
- ------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
- ------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
- ------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D/A
- ------------------------------------------------------------------------------
CUSIP NO. 137587 10 1
- ------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
MVMA, L.P.
- ------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
- ------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO, AF
- ------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [_]
- ------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
0
SHARES -----------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
-----------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
0
PERSON -----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
0
- ------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- ------------------------------------------------------------------------------
<PAGE>
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
- ------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
- ------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
- ------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D/A
- ------------------------------------------------------------------------------
CUSIP NO. 137587 10 1
- ------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
MVMA, Inc.
- ------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
- ------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO, AF
- ------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [_]
- ------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
0
SHARES -----------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
-----------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
0
PERSON -----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
0
- ------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- ------------------------------------------------------------------------------
<PAGE>
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
- ------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
- ------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
- ------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D/A
This Amendment No. 1 (the "Amendment") amends and supplements the
Schedule 13D (the "Schedule 13D") filed by Mellon Ventures, L.P., MVMA, L.P. and
MVMA, Inc. (together, the "Joint Filers") with the Securities and Exchange
Commission on October 26, 1998. Capitalized terms used and not defined in this
Amendment have the meanings set forth in the Schedule 13D.
ITEM 4. Purpose of Transaction.
Item 4 of the Schedule 13D is hereby amended by adding the following
paragraph:
Pursuant to the letter (the "Termination Letter"), dated January 7,
1999, a copy of which is attached as an exhibit hereto, Canisco Resources, Inc.
(the "Company") has terminated the Securities Purchase Agreement, dated as of
October 16, 1998 (the "Securities Purchase Agreement"), among the Company,
Mellon Ventures, L.P. ("Mellon Ventures") and Morse Partners Ltd. ("Morse
Partners"). In addition, Mellon Ventures and Morse Partners mutually agreed to
terminate the Voting Agreement pursuant to the letter agreement (the "Letter
Agreement"), dated January 7, 1999, a copy of which is attached as an exhibit
hereto.
While Mellon Ventures is continuing to have discussions with the
Company, Mellon Ventures has no present intention of completing an equity
investment in the Company.
ITEM 5. Interest in Securities of the Issuer.
Item 5 of the Schedule 13D is hereby amended by adding the following
paragraph:
Pursuant to the Termination Letter and the Letter Agreement, the
Securities Purchase Agreement and the Voting Agreement have been terminated.
Therefore, Mellon Ventures no longer has beneficial ownership of any shares of
capital stock of the Company.
ITEM 6. Contracts, Arrangements, Understandings or Relationships With Respect
to Securities of the Issuer.
Item 6 of the Schedule 13D is hereby amended by adding the following
paragraph:
Pursuant to the Termination Letter and the Letter Agreement, the
Securities Purchase Agreement and the Voting Agreement were terminated.
ITEM 7. Material to be Filed as Exhibits.
Item 7 of the Schedule 13D is hereby amended by adding the following
paragraph:
(iv) Letter, dated January 7, 1999, from the Company to Mellon
Ventures and Morse Partners.
(v) Letter Agreement, dated January 7, 1999, between Mellon Ventures
and Morse Partners.
(vi) Joint Filing Agreement, dated January 8, 1998, among Mellon
Ventures, MVMA, L.P. and MVMA, Inc.
<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.
Dated: January 8, 1999
MELLON VENTURES, L.P.
By MVMA, L.P., its general partner
By MVMA, Inc., its general partner
By: /s/ Ronald J. Combes
--------------------
Vice President
MVMA, L.P.
By MVMA, Inc., its general partner
By: /s/ Ronald J. Combes
--------------------
Vice President
MVMA, Inc.
By: /s/ Ronald J. Combes
--------------------
Vice President
<PAGE>
Exhibit 4
January 7, 1999
Mr. John P. Shoemaker
Mellon Ventures, L.P.
5 Radnor Corporate Center
100 Matson Ford Road
Suite 170
Radnor, PA 19087-4515
and
Mr. Bruce Dalglish
Morse Partners Ltd.
Suite 205
200 Four Falls Corporate Center
West Conshohocken, PA 19428
Gentlemen:
This is to advise that Canisco Resources, Inc. hereby exercises its
right to terminate the Investment Agreement dated October 16, 1998, in
accordance with Article VI Para. 6.1(b)(i) thereof.
No additional cost is to be incurred on behalf of the Company and
final detail of cost incurred to date should be submitted as soon as practical.
Please address any questions to the undersigned.
Sincerely,
/s/ Ralph A. Trallo
-------------------
Ralph A. Trallo
President
cc: David Denious
Dechert, Price & Rhoads
<PAGE>
Exhibit 5
Letter Agreement
Letter Agreement (the "Agreement"), dated January 7, 1999, between
Mellon Ventures, L.P. ("Mellon Ventures") and Morse Partners Ltd. ("Morse
Partners").
Reference is made to that certain Voting and Share Transfer Agreement
(the "Voting Agreement"), dated October 23, 1998, between Mellon Ventures and
Morse Partners. The undersigned hereby agree that the Voting Agreement is
jointly terminated by the parties hereto as of the date first written above.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement
the day and year first written above.
MELLON VENTURES, L.P.
By MVMA, L.P., its general partner
By MVMA, Inc., its general partner
By: /s/ John D. Shoemaker
---------------------
Managing Director
MORSE PARTNERS LTD.
By: /s/ R. Bruce Dalglish
---------------------
Managing Director
cc: Dechert Price & Rhoads
4000 Bell Atlantic Tower
1717 Arch Street
Philadelphia, PA 19103-2793
Attention: David S. Denious, Esq.
Morgan, Lewis & Bockius LLP
2000 One Logan Square
Philadelphia, PA 19103-6993
Attention: Michael J. Pedrick, Esq.
<PAGE>
Exhibit 6
JOINT FILING AGREEMENT
Joint Filing Agreement, dated as of January 8, 1998, by and among Mellon
Ventures, L.P., MVMA, L.P. and MVMA, Inc.
Each of the parties hereto hereby agrees that it shall jointly file a
Schedule 13D/A with the other parties hereto amending and supplementing the
Schedule 13D filed by the parties hereto on October 26, 1998.
Mellon Ventures, L.P.
By: /s/ Ronald J. Combes
--------------------
Vice President
MVMA, L.P.
By: /s/ Ronald J. Combes
--------------------
Vice President
MVMA, INC.
By: /s/ Ronald J. Combes
--------------------
Vice President
