SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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SCHEDULE 13G
(Rule 13d-102)
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. ________)
Transderm Laboratories Corporation
(Name of Issuer)
Common Stock, Par Value $.001
(Title of Class of Securities)
893636 10 0
(CUSIP Number)
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1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Health-Chem Corporation
13-2682801
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [x]
(b)
3. SEC USE ONLY
4. CITIZENSHIP OF PLACE OF ORGANIZATION
Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
5. SOLE VOTING POWER
36,000,000
6. SHARED VOTING POWER
0
7. SOLE DISPOSITIVE POWER
36,000,000
8. SHARED DISPOSITIVE POWER
0
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
36,000,000
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
90%
12. TYPE OF REPORTING PERSON
CO
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1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
HS Protective Fabrics Corporation
22-1857056
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [x]
(b)
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
5. SOLE VOTING POWER
36,000,000
6. SHARED VOTING POWER
0
7. SOLE DISPOSITIVE POWER
36,000,000
8. SHARED DISPOSITIVE POWER
0
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
36,000,000
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
90%
12. TYPE OF REPORTING PERSON
CO
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1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Herculite Products, Inc.
22-1664108
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [x]
(b)
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
New York
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
5. SOLE VOTING POWER
36,000,000
6. SHARED VOTING POWER
0
7. SOLE DISPOSITIVE POWER
36,000,000
8. SHARED DISPOSITIVE POWER
0
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
36,000,000
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
90%
12. TYPE OF REPORTING PERSON
CO
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ITEM 1(A). NAME OF ISSUER:
Transderm Laboratories Corporation
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
1212 Avenue of the Americas
New York, New York 10036
ITEM 2(A). NAME OF PERSON FILING:
Health-Chem Corporation; HS Protective Fabrics Corporation;
and Herculite Products, Inc.
ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
1212 Avenue of the Americas
New York, New York 10036
ITEM 2(C). CITIZENSHIP:
Delaware, Delaware and New York, respectively.
ITEM 2(D). TITLE OF CLASS OF SECURITIES:
Common Stock, Par Value $.001
ITEM 2(E). CUSIP NUMBER:
The CUSIP Number for the Common Stock is 893636 10 0
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR
13D-2(B), CHECK WHETHER THE PERSON FILING IS A:
Not Applicable.
ITEM 4. OWNERSHIP.
Health-Chem Corporation, a Delaware corporation, owns all of
the issued and outstanding shares of H.S. Protective Fabrics
Corporation, which owns all of the issued and outstanding
Shares of Herculite Products, Inc., which owns directly the
shares identified below.
(a) Amount Beneficially Owned:
36,000,000
(b) Percent of Class:
90%
(c) Number of Shares as to which such person has:
(i) Sole power to vote or direct the vote:
36,000,000
(ii) Shared power to vote or direct the vote: 0
(iii) Sole power to dispose or to direct the
disposition of:
36,000,000
(iv) Shared power to dispose or to direct the
disposition of: 0
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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.
Not Applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not Applicable.
ITEM 10. CERTIFICATION.
Not Applicable.
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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.
HEALTH-CHEM CORPORATION
Date: February 14, 1997
/s/ BRUCE M. SCHLOSS
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Bruce M. Schloss, Vice President,
Secretary and General Counsel
HS PROTECTIVE FABRICS CORPORATION
Date: February 14, 1997
/s/ BRUCE M. SCHLOSS
---------------------------------
Bruce M. Schloss, Vice President,
Secretary and General Counsel
HERCULITE PRODUCTS, INC.
Date: February 14, 1997
/s/ BRUCE M. SCHLOSS
--------------------------------
Bruce M. Schloss, Vice President,
Secretary and General Counsel
