SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. __)*
INDUSTRIAL SERVICES OF AMERICA, INC.
(Name of Issuer)
COMMON STOCK, NO PAR VALUE
(Title of Class of Securities)
456314 10 3
(CUSIP Number)
*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 the disclosures provided in a prior cover page.
The information required in 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 14 Pages
<PAGE>
CUSIP No. 456314 10 3 13G
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Harry Kletter
###-##-####
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X]
(b) [ ]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
5. SOLE VOTING POWER
874,300
6. SHARED VOTING POWER
- 0 -
7. SOLE DISPOSITIVE POWER
874,300
8. SHARED DISPOSITIVE POWER
- 0 -
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
874,300
10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS)
[ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
45.3%
12. TYPE OF REPORTING PERSON
IN
Page 2 of 14 Pages
<PAGE>
ITEM 1. NAME OF ISSUER
(a),(b) The name of the issuer of the securities covered by this
statement is Industrial Services of America, Inc. The issuer's
principal executive offices are located at 7100 Grade Lane,
Louisville, Kentucky 40213.
ITEM 2. NAME OF PERSON FILING
(a),(b),(c) The name of the person filing this statement is
Harry Kletter, whose principal business address is 7100 Grade
Lane, Louisville, Kentucky 40213. Mr. Kletter is a citizen of
the United States.
(d),(e) The title of the class of securities covered by this
statement is Common Stock, no par value. The CUSIP Number of the
Common Stock is 456314 10 3.
ITEM 3. STATEMENTS FILED PURSUANT TO RULES 13D-1(B) OR 13D-2(B)
Not applicable
ITEM 4. OWNERSHIP
(a),(b),(c) The number of shares of Common Stock beneficially
owned by Mr. Kletter as of December 31, 1996 was 874,300 (45.3%
of the total shares outstanding). All of such shares are held
with sole voting power and sole power of disposition.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
Not applicable
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
Not applicable
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING
COMPANY
Not applicable
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Pursuant to Rule 13d-1(c), see the listing of the members of the
Group attached hereto and incorporated herein by reference as
Exhibit A.
Page 3 of 14 Pages
<PAGE>
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not applicable
ITEM 10. CERTIFICATION
Not applicable
Page 4 of 14 Pages
<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: February 14, 1997
/s/ Harry Kletter
-------------------------------------------
Harry Kletter
Page 5 of 14 Pages
<PAGE>
CUSIP No. 456314 10 3 13G
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
K & R Corporation
61-0891988
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X]
(b) [ ]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Kentucky
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
5. SOLE VOTING POWER
- 0 -
6. SHARED VOTING POWER
483,800
7. SOLE DISPOSITIVE POWER
- 0 -
8. SHARED DISPOSITIVE POWER
483,800
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
483,800
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
25.1%
12. TYPE OF REPORTING PERSON
CO
Page 6 of 14 Pages
<PAGE>
ITEM 1. NAME OF ISSUER
(a),(b) The name of the issuer of the securities covered by this
statement is Industrial Services of America, Inc. The issuer's
principal executive offices are located at 7100 Grade Lane,
Louisville, Kentucky 40213.
ITEM 2. NAME OF PERSON FILING
(a),(b),(c) The name of the person filing this statement is
K & R Corporation, whose principal business address is 7100 Grade
Lane, Louisville, Kentucky 40213. K & R Corporation is a
Kentucky corporation.
(d),(e) The title of the class of securities covered by this
statement is Common Stock, no par value. The CUSIP Number of the
Common Stock is 456314 10 3.
ITEM 3. STATEMENTS FILED PURSUANT TO RULES 13D-1(B) OR 13D-2(B)
Not applicable
ITEM 4. OWNERSHIP
(a),(b),(c) The number of shares of Common Stock beneficially
owned by K & R Corporation as of December 31, 1996 was 483,800
(25.1% of the total shares outstanding). All of such shares are
held with shared voting power and shared power of disposition.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
Not applicable
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
Harry Kletter, as sole shareholder, officer and director of K & R
Corporation, 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, securities, covered by this statement.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING
COMPANY
Not applicable
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Pursuant to Rule 13d-1(c), see the listing of the members of the
Group attached hereto and incorporated herein by reference as
Exhibit A.
Page 7 of 14 Pages
<PAGE>
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not applicable
ITEM 10. CERTIFICATION
Not applicable
Page 8 of 14 Pages
<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: February 14, 1997
K & R CORPORATION
By: /s/ Harry Kletter
----------------------------------------
Harry Kletter, President
Page 9 of 14 Pages
<PAGE>
CUSIP No. 456314 10 3 13G
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Roberta Kletter
###-##-####
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X]
(b) [ ]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
5. SOLE VOTING POWER
200,000
6. SHARED VOTING POWER
- 0 -
7. SOLE DISPOSITIVE POWER
200,000
8. SHARED DISPOSITIVE POWER
- 0 -
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
200,000
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
10.4%
12. TYPE OF REPORTING PERSON
IN
Page 10 of 14 Pages
<PAGE>
ITEM 1. NAME OF ISSUER
(a),(b) The name of the issuer of the securities covered by this
statement is Industrial Services of America, Inc. The issuer's
principal executive offices are located at 7100 Grade Lane,
Louisville, Kentucky 40213.
ITEM 2. NAME OF PERSON FILING
(a),(b),(c) The name of the person filing this statement is
Roberta Kletter, whose principal business address is 7100 Grade
Lane, Louisville, Kentucky 40213. Mrs. Kletter is a citizen of
the United States.
(d),(e) The title of the class of securities covered by this
statement is Common Stock, no par value. The CUSIP Number of the
Common Stock is 456314 10 3.
ITEM 3. STATEMENTS FILED PURSUANT TO RULES 13D-1(B) OR 13D-2(B)
Not applicable
ITEM 4. OWNERSHIP
(a),(b),(c) The number of shares of Common Stock beneficially
owned by Mrs. Kletter as of December 31, 1996 was 200,000 (10.4%
of the total shares outstanding). All of such shares are held
with sole voting power and sole power of disposition.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
Not applicable
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
Not applicable
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING
COMPANY
Not applicable
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Pursuant to Rule 13d-1(c), see the listing of the members of the
Group attached hereto and incorporated herein by reference as
Exhibit A.
Page 11 of 14 Pages
<PAGE>
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not applicable
ITEM 10. CERTIFICATION
Not applicable
Page 12 of 14 Pages
<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: February 14, 1997
/s/ Roberta Kletter
------------------------------------------
Roberta Kletter
Page 13 of 14 Pages
<PAGE>
EXHIBIT A
MEMBERS OF GROUP
Harry Kletter
K & R Corporation
Roberta Kletter
Page 14 of 14 Pages
