UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 2)
INDUSTRIAL SERVICES OF AMERICA, INC.
(Name of Issuer)
COMMON STOCK, $.01 PAR VALUE
(Title of Class of Securities)
456314 10 3
(CUSIP Number)
Check the appropriate box to designate the rule pursuant to which
this Schedule is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[X] Rule 13d-1(d)
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/A
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
725,304
6. SHARED VOTING POWER
- 0 -
7. SOLE DISPOSITIVE POWER
725,304
8. SHARED DISPOSITIVE POWER
- 0 -
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
725,304
10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES (SEE INSTRUCTIONS)
[ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
37.6%
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, $.01 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, 1998 was
725,304 (37.6% 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(d), 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 5, 1999
/s/ Harry Kletter
-------------------------------------------
Harry Kletter
Page 5 of 14 Pages
<PAGE>
CUSIP No. 456314 10 3 13G/A
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
462,304
7. SOLE DISPOSITIVE POWER
- 0 -
8. SHARED DISPOSITIVE POWER
462,304
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
462,304
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES
[ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
24.0%
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, $.01 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,
1998 was 462,304 (24.0% 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(d), 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 5, 1999
K & R CORPORATION
By: /s/ Harry Kletter
----------------------------------------
Harry Kletter, President
Page 9 of 14 Pages
<PAGE>
CUSIP No. 456314 10 3 13G/A
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, $.01 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, 1998
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(d), 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 5, 1999
/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
