SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1 ) *
Performance Industries, Inc.
(Name of Issuer)
Common Stock, without par value
(Title of Class of Securities)
71375 T104
(CUSIP Number)
Check the following box if a fee is being paid with this statement [ ]. (A
fee is not required only if the filing person: (1) has a previous statement on
file reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
*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).
Cusip No. 71375 T104
----------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Joe Hrudka
SSN ###-##-####
- --------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP *
2 (a) [ ]
N/A (b) [ ]
- --------------------------------------------------------------------------------
SEC USE ONLY
3
- --------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
U.S.
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
6,756,966
NUMBER OF -----------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH -----------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 5,961,173
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
795,793
- --------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
9
6,756,966
- --------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
10
N/A
- --------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED IN AMOUNT IN ROW 9
11
68%
- --------------------------------------------------------------------------------
TYPE OF REPORTING PERSON
12
INDIVIDUAL
- --------------------------------------------------------------------------------
Item 1(a) Name of Issuer:
Performance Industries, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
2425 East Camelback Road, Suite 620
Phoenix, Arizona 85016
Item 2(a) Name of Person Filing:
Joe Hrudka
Item 2(b) Address of Principal Business Office, or, if none, Residence:
2425 East Camelback Road, Suite 620
Phoenix, Arizona 85016
Item 2(c) Place of Organization:
N/A
Item 2(d) Title of Class of Securities:
Common Stock, without par value
Item 2(e) CUSIP Number:
71375 T104
Item 3. If this statement is filed pursuant to Rules 13D-1(b), or
13D-2(b), check whether the person filing is a:
(a) [ ] Broker or Dealer registered under Section 15 of the Act
(b) [ ] Bank as defined in Section 3(a) (6) of the Act
(c) [ ] Insurance Company as defined in Section 3(a) (19) of the Act
(d) [ ] Investment Company registered under Section 8 of
the Investment Company Act
(e) [ ] Investment Adviser registered under Section 203 of
the Investment Advisers Act of 1940
(f) [ ] Employee Benefit Plan, Pension Fund which is subject to the
provisions of the Employee Retirement Income Security Act of
1974 or Endowment Fund; see Section 240.13d-1(b) (1) (ii) (F)
(g) [ ] Parent Holding Company, in accordance with Section
240.13d-1(b) (ii) (G) (Note: See Item 7)
(h) [ ] Group, in accordance with Section 240.13d-1(b) (1) (ii) (H)
Item 4. Ownership:
If the percent of the class owned, as of December 31 of the year
covered by the statement, or as of the last day of any month
described in Rule 13d-1(b) (2), if applicable, exceeds five percent,
provide the following information as of that date and identify those
shares which there is a right to acquire.
(a) Amount Beneficially Owned:
6,756,966
(b) Percent of Class:
68%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 6,756,966
(ii) shared power to vote or to direct the vote: -0-
(Note: See 4(a) above)
(iii) sole power to dispose or to direct the disposition
of: 5,961,173
(iv) shared power to dispose or to direct the disposition
of: 795,973
Item 5. Ownership of Five Percent or Less of a Class:
If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial
owner of more than five percent of the class of securities, check the
following [ ].
Item 6. Ownership of More than Five Percent on Behalf of Another Person:
N/A
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent Holding
Company:
N/A
Item 8. Identification and Classification of Members of the Group:
N/A
Item 9. Notice of Dissolution of Group:
N/A
Item 10. Certification:
The following certificate shall be included if the statement is filed
pursuant to Rule 13-1(b):
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above where acquired in the
ordinary course of business and were not acquired for the purpose of
and do not have the effect of changing or influencing the control of
the issue of such securities and were not acquired in connection with
or as a participant in any transaction having such purposes or
effect.
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 13, 1995 Joe Hrudka
------------------------
Joe Hrudka/Individually
