<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
AMERICAN MILLENNIUM CORPORATION, INC.
(Name of Issuer)
COMMON STOCK, $0.001 PAR VALUE
(Title of Class of Securities)
027530 10 4
(CUSIP Number)
PETER A. JANKOWSKI
820 AIRPORT ROAD
DURANGO, CO 81301
(970) 259-6161
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
JUNE 8, 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 Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check
the following box [ ].
<PAGE> 2
CUSIP NO. 027530 10 4 SCHEDULE 13D Page 2 of 18 Pages
--------------------- -------- --------
(1) NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
Peter A. Jankowski
---------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
---------------------------------------------------------------------
(3) SEC USE ONLY
---------------------------------------------------------------------
(4) SOURCE OF FUNDS*
PF and/or BK (See Item 3)
---------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
---------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
---------------------------------------------------------------------
(7) SOLE VOTING POWER
NUMBER OF -0-
SHARES --------------------------------------------------------
BENEFICIALLY (8) SHARED VOTING POWER
OWNED BY 8,000,000 (See Item 5)
EACH --------------------------------------------------------
REPORTING (9) SOLE DISPOSITIVE POWER
PERSON WITH -0-
--------------------------------------------------------
(10) SHARED DISPOSITIVE POWER
8,000,000 (See Item 5)
--------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,000,000 (See Item 5)
---------------------------------------------------------------------
(12) CHECK BOX IF AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
---------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
26.78% (See Item 5)
---------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
---------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 3
CUSIP NO. 027530 10 4 SCHEDULE 13D Page 3 of 18 Pages
--------------------- -------- --------
(1) NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
Patrick Galvin
---------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
---------------------------------------------------------------------
(3) SEC USE ONLY
---------------------------------------------------------------------
(4) SOURCE OF FUNDS*
PF and/or BK (See Item 3)
---------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
---------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
Republic of Ireland
---------------------------------------------------------------------
(7) SOLE VOTING POWER
NUMBER OF -0-
SHARES --------------------------------------------------------
BENEFICIALLY (8) SHARED VOTING POWER
OWNED BY 8,000,000 (See Item 5)
EACH --------------------------------------------------------
REPORTING (9) SOLE DISPOSITIVE POWER
PERSON WITH -0-
--------------------------------------------------------
(10) SHARED DISPOSITIVE POWER
8,000,000 (See Item 5)
--------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,000,000 (See Item 5)
---------------------------------------------------------------------
(12) CHECK BOX IF AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
---------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
26.78% (See Item 5)
---------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
---------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 4
CUSIP NO. 027530 10 4 SCHEDULE 13D Page 4 of 18 Pages
--------------------- -------- --------
(1) NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
Earl L. Jennings, Jr.
---------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
---------------------------------------------------------------------
(3) SEC USE ONLY
---------------------------------------------------------------------
(4) SOURCE OF FUNDS*
PF and/or BK (See Item 3)
---------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
---------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
---------------------------------------------------------------------
(7) SOLE VOTING POWER
NUMBER OF -0-
SHARES --------------------------------------------------------
BENEFICIALLY (8) SHARED VOTING POWER
OWNED BY 8,000,000 (See Item 5)
EACH --------------------------------------------------------
REPORTING (9) SOLE DISPOSITIVE POWER
PERSON WITH -0-
--------------------------------------------------------
(10) SHARED DISPOSITIVE POWER
8,000,000 (See Item 5)
--------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,000,000 (See Item 5)
---------------------------------------------------------------------
(12) CHECK BOX IF AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
---------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
26.78% (See Item 5)
---------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
---------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 5
CUSIP NO. 027530 10 4 SCHEDULE 13D Page 5 of 18 Pages
--------------------- -------- --------
(1) NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
Charles E. McDowell
---------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
---------------------------------------------------------------------
(3) SEC USE ONLY
---------------------------------------------------------------------
(4) SOURCE OF FUNDS*
PF and/or BK (See Item 3)
---------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
---------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
---------------------------------------------------------------------
(7) SOLE VOTING POWER
NUMBER OF -0-
SHARES --------------------------------------------------------
BENEFICIALLY (8) SHARED VOTING POWER
OWNED BY 8,000,000 (See Item 5)
EACH --------------------------------------------------------
REPORTING (9) SOLE DISPOSITIVE POWER
PERSON WITH -0-
--------------------------------------------------------
(10) SHARED DISPOSITIVE POWER
8,000,000 (See Item 5)
--------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,000,000 (See Item 5)
---------------------------------------------------------------------
(12) CHECK BOX IF AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
---------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
26.78% (See Item 5)
---------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
---------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 6
CUSIP NO. 027530 10 4 SCHEDULE 13D Page 6 of 18 Pages
--------------------- -------- --------
(1) NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
Kurt E. Starnes
---------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
---------------------------------------------------------------------
(3) SEC USE ONLY
---------------------------------------------------------------------
(4) SOURCE OF FUNDS*
PF and/or BK (See Item 3)
---------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
---------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
---------------------------------------------------------------------
(7) SOLE VOTING POWER
NUMBER OF -0-
SHARES --------------------------------------------------------
BENEFICIALLY (8) SHARED VOTING POWER
OWNED BY 8,000,000 (See Item 5)
EACH --------------------------------------------------------
REPORTING (9) SOLE DISPOSITIVE POWER
PERSON WITH -0-
--------------------------------------------------------
(10) SHARED DISPOSITIVE POWER
8,000,000 (See Item 5)
--------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,000,000 (See Item 5)
---------------------------------------------------------------------
(12) CHECK BOX IF AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
---------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
26.78% (See Item 5)
---------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
---------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 7
CUSIP NO. 027530 10 4 SCHEDULE 13D Page 7 of 18 Pages
--------------------- -------- --------
(1) NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
Steven W. Phillips
---------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
---------------------------------------------------------------------
(3) SEC USE ONLY
---------------------------------------------------------------------
(4) SOURCE OF FUNDS*
PF and/or BK (See Item 3)
---------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
---------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
---------------------------------------------------------------------
(7) SOLE VOTING POWER
NUMBER OF -0-
SHARES --------------------------------------------------------
BENEFICIALLY (8) SHARED VOTING POWER
OWNED BY 8,000,000 (See Item 5)
EACH --------------------------------------------------------
REPORTING (9) SOLE DISPOSITIVE POWER
PERSON WITH -0-
--------------------------------------------------------
(10) SHARED DISPOSITIVE POWER
8,000,000 (See Item 5)
--------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,000,000 (See Item 5)
---------------------------------------------------------------------
(12) CHECK BOX IF AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
---------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
26.78% (See Item 5)
---------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
---------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 8
ITEM 1. SECURITY AND ISSUER.
This Statement on Schedule 13D (this "Statement") relates to the common
stock, $0.001 par value ("Common Stock"), of American Millennium Corporation,
Inc. (the "Company"). The principal executive offices of the Company are located
at 1010 Tenth Street, Suite 100, Golden, Colorado 80401.
ITEM 2. IDENTITY AND BACKGROUND.
This Statement is being filed by Peter A. Jankowski, Patrick Galvin,
Earl L. Jennings, Jr., Charles E. McDowell, Kurt E. Starnes and Steven W.
Phillips (collectively, the "Reporting Persons"). Schedule I hereto, which is
incorporated herein by this reference, sets forth for each of the Reporting
Persons: (i) his business address and (ii) his present principal occupation or
employment (and the name, principal business and address of the corporation or
other organization in which such employment is conducted). Each of the Reporting
Persons, except Patrick Galvin, is a United States citizen. Patrick Galvin is a
citizen of the Republic of Ireland, and is a resident of the United States.
None of the Reporting Persons has, during the last five years, been
convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors) or been a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction and as a result of such proceeding
was and is subject to a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject to, federal or
state securities laws or finding any violation with respect to such laws.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
The responses to Items 4, 5 and 6 are incorporated herein by this
reference.
The aggregate amount of funds necessary to exercise in full the options
granted to the Reporting Persons pursuant to the Stock Option Agreement (as
defined below) is $7,000,000. The maximum aggregate amount of funds necessary
to exercise in full the warrants which may be issued to the Reporting Persons
pursuant to the Stock Option Agreement is (1) $8,500,000, if purchased during
the first year of the respective warrant term, (2) $12,500,000, if purchased
during the second year of the respective warrant term, (3) $16,500,000, if
purchased during the third year of the respective warrant term; i.e., if all
options (up to 4,000,000 shares) are timely exercised for the aggregate total
of $7,000,000, then, in such event, the timely purchase of shares pursuant to
warrants that may be issued (for purchase of up to an additional 4,000,000
shares) would cause the Reporting Persons' aggregate purchase price for all
shares (8,000,000) to either be (1) $15,500,000, or (2) $19,500,000, or (3)
$23,500,000.
It is presently anticipated that any amounts paid to the Company under
the Stock Option Agreement or warrants issued pursuant thereto would be obtained
from the personal funds of the Reporting Persons, borrowings obtained by the
Reporting Persons or a combination of such personal funds and borrowings.
ITEM 4. PURPOSE OF TRANSACTION.
The responses to Items 3, 5 and 6 are incorporated herein by this
reference.
The principal purpose of the Reporting Persons in entering into the
Stock Option Agreement was to obtain the right to make significant investment in
the Company.
<PAGE> 9
The Reporting Persons reserve the right at any time and from time to
time to acquire shares of Common Stock upon exercise of the options granted
and/or warrants issued pursuant to the Stock Option Agreement or otherwise or to
take other action with respect to the Company or any of its securities in any
manner permitted by law. There can be no assurance as to whether any such
transaction or action will be consummated or taken or as to the possible timing
or terms thereof.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
The responses to Items 3, 4 and 6 are incorporated herein by this
reference.
By reason of the options granted and warrants issuable to the Reporting
Persons pursuant to the Stock Option Agreement, each of the Reporting Persons
may be deemed to be the beneficial owner of 8,000,000 shares of Common Stock, or
26.78% of the total number of shares of Common Stock outstanding or deemed
outstanding pursuant to Rule 13d-3 (d)(1) under the Securities Exchange Act of
1934, as amended. (The percentage set forth in the preceding sentence is based
on 21,873,473 shares of Common Stock outstanding, as disclosed in the Company's
Quarterly Report on Form 10-Q for the quarter ended April 30, 2000).
The Stock Option Agreement provides that when any option fee is paid,
the Reporting Persons shall thereafter have the right to exercise their
respective share purchase and warrant exercise rights. Except as set forth in
the immediately preceding sentence, the Stock Option Agreement provides that the
Reporting Persons will agree as to the method and manner in which they will
allocate the rights and obligations under the Stock Option Agreement among
themselves. Although the Reporting Persons have not yet entered into any such
agreement, they intend to do so sometime in the future. Each of the Reporting
Persons hereby disclaims beneficial ownership of the shares of Common Stock
purchasable upon exercise of the options granted and warrants issuable pursuant
to the Stock Option Agreement not allocated to him pursuant to such an
agreement, and the filing of this Schedule 13D by a Reporting Person shall not
be construed as an admission that such Reporting Person is the beneficial owner
of any such shares for purposes of Section 13 or Section 16 of the Securities
Exchange Act of 1934, as amended.
As a result of the Stock Option Agreement, the Reporting Persons may be
deemed to constitute a "group" within the meaning of Section 13(d) (3) of the
Securities Exchange Act of 1934, as amended.
Except as disclosed herein, none of the Reporting Persons has effected
transactions in shares of Common Stock during the preceding 60 days.
<PAGE> 10
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO THE SECURITIES OF THE ISSUER.
The responses to Items 3, 4 and 5 are incorporated herein by this
reference.
Pursuant to a letter agreement, effective June 8, 2000 (the "Stock
Option Agreement"), among the Company and the Reporting Persons, the Company has
granted to the Reporting Person options to acquire an aggregate of 4,000,000
shares of Common Stock (subject to adjustment). Under certain circumstances,
warrants to purchase additional shares of Common Stock will be issued to the
Reporting Persons pursuant to the Stock Option Agreement; the maximum number of
shares of Common Stock issuable upon the exercise of such warrants is 4,000,000
(subject to adjustment). The Stock Option Agreement provides that the Reporting
Persons will have certain mandatory and piggyback registration rights with
respect to shares of Common Stock purchased upon the exercise of the options
granted and/or warrants issued pursuant to the Stock Option Agreement and
further provides that such shares will be subject to certain restrictions on
transfer. A copy of the Stock Option Agreement is attached as Exhibit 1 hereto
and incorporated herein by this reference.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
<TABLE>
<CAPTION>
Exhibit
No. Description
------- -----------
<S> <C>
1 Stock Option Agreement
</TABLE>
<PAGE> 11
SIGNATURE
After reasonable inquiry and to the best of his knowledge and belief,
each of the undersigned certifies that the information set forth in this
Statement is true, complete and correct and agrees that this Statement may be
jointly filed on behalf of him and each of the other Reporting Persons.
/s/ PETER A. JANKOWSKI
Date: June 16, 2000 -----------------------------
Peter A. Jankowski
<PAGE> 12
SIGNATURE
After reasonable inquiry and to the best of his knowledge and belief,
each of the undersigned certifies that the information set forth in this
Statement is true, complete and correct and agrees that this Statement may be
jointly filed on behalf of him and each of the other Reporting Persons.
/s/ PATRICK GALVIN
Date: June 16, 2000 -----------------------------
Patrick Galvin
<PAGE> 13
SIGNATURE
After reasonable inquiry and to the best of his knowledge and belief,
each of the undersigned certifies that the information set forth in this
Statement is true, complete and correct and agrees that this Statement may be
jointly filed on behalf of him and each of the other Reporting Persons.
/s/ EARL L. JENNINGS, JR.
Date: June 16, 2000 -----------------------------
Earl L. Jennings, Jr.
<PAGE> 14
SIGNATURE
After reasonable inquiry and to the best of his knowledge and belief,
each of the undersigned certifies that the information set forth in this
Statement is true, complete and correct and agrees that this Statement may be
jointly filed on behalf of him and each of the other Reporting Persons.
/s/ CHARLES E. McDOWELL
Date: June 16, 2000 -----------------------------
Charles E. McDowell
<PAGE> 15
SIGNATURE
After reasonable inquiry and to the best of his knowledge and belief,
each of the undersigned certifies that the information set forth in this
Statement is true, complete and correct and agrees that this Statement may be
jointly filed on behalf of him and each of the other Reporting Persons.
/s/ KURT E. STARNES
Date: June 16, 2000 -----------------------------
Kurt E. Starnes
<PAGE> 16
SIGNATURE
After reasonable inquiry and to the best of his knowledge and belief,
each of the undersigned certifies that the information set forth in this
Statement is true, complete and correct and agrees that this Statement may be
jointly filed on behalf of him and each of the other Reporting Persons.
/s/ STEVEN W. PHILLIPS
Date: June 16, 2000 -----------------------------
Steven W. Phillips
<PAGE> 17
SCHEDULE I
Information with Respect to the Reporting Persons
1. Peter A. Jankowski
(a) Business Address: 820 Airport Road, Durango, CO 81301
(b) Principal occupation or employment (and, if applicable,
name, principal business and address of the corporation or
organization in which such employment is conducted): Chief
Technology Officer, Loronix Information Systems (a
publicly owned technology company), 820 Airport Road,
Durango, CO 81301.
2. Patrick Galvin
(a) Business Address: 16915 Avenida de Acacias, Rancho Santa
Fe, CA 92067
(b) Principal occupation or employment (and, if applicable,
name, principal business and address of the corporation or
organization in which such employment is conducted):
Private Investor and Real Estate Investment Broker, Rancho
Santa Fe Properties.
3. Earl L. Jennings, Jr.
(a) Business Address: 3410 Caminito Daniella, Del Mar, CA
92014
(b) Principal occupation or employment (and, if applicable,
name, principal business and address of the corporation or
organization in which such employment is conducted):
Private Investor.
4. Charles E. McDowell
(a) Business Address: 624 Nardito Lane, Solana Beach, CA 92075
(b) Principal occupation or employment (and, if applicable,
name, principal business and address of the corporation or
organization in which such employment is conducted):
Private Investor.
5. Kurt E. Starnes
(a) Business Address: 326 North Sierra, Solano Beach, CA 92075
<PAGE> 18
(b) Principal occupation or employment (and, if applicable,
name, principal business and address of the corporation or
organization in which such employment is conducted):
Private Investor.
6. Steven W. Phillips, Esq.
(a) Business Address: 405 W. Franklin Street, Rockwell
Building, Tucson, Arizona 85701
(b) Principal occupation or employment (and, if applicable,
name, principal business and address of the corporation or
organization in which such employment is conducted):
Attorney at Law, Phillips & Moeller, P.L.L.C.
<PAGE> 19
INDEX TO EXHIBITS
<TABLE>
<CAPTION>
EXHIBIT
NO. DESCRIPTION
------- -----------
<S> <C>
1. Stock Option Agreement
</TABLE>
