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- --------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION --------------------------
FORM 3 Washington, D.C. 20549 OMB APPROVAL
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INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES OMB NUMBER: 3235-0104
Expires: December 31, 2001
Estimated average burden
hours per response......0.5
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
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(Print or Type Responses)
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1. Name and Address of Reporting Person* 2. Date of Event Requiring 4. Issuer Name and Ticker or Trading Symbol
Statement (Month/Day/Year)
Edwardstone & Company, Incorporated September 16, 1999 Vertex Industries, Inc. (VETX)
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3. I.R.S. Identification Number 5. Relationship of Reporting 6. If Amendment,
- ----------------------------------------- of Reporting Person, if an Person(s) to Issuer Date of Original
(Last) (First) (Middle) entity (voluntary) (Check all applicable) (Month/Day/Year)
600 Madison Avenue, 26th Floor _____ Director
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(Street) X 10% Owner
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New York, New York 10022
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(City) (State) (Zip)
_____ Other(specify below)
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7. Individual or
Joint/Group
Filing
(Check
Applicable
Line)
X Form filed by One
--- Reporting Person
--- Form filed by
More than One
Reporting Person
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TABLE I -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
1. Title of Security 2. Amount of Securities 3. Ownership Form: Direct (D) 4. Nature of Indirect
(Instr. 4) Beneficially Owned or Indirect (I) (Instr. 5) Beneficial
(Instr. 4) Ownership
(Instr. 5)
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Common Stock, $.005 Par Value 5,065,214 D
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION CONTAINED IN THIS FORM ARE NOT
REQUIRED TO RESPOND UNLESS THE FORM DISPLAYS A CURRENTLY VALID OMB CONTROL NUMBER.
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FORM 3 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED (E.G.,
PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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1. Title of 2. Date Exercisable 3. Title and Amount of Securities 4. Conversion or 5. Ownership Form 6. Nature of
Security and Expiration Underlying Derivative Security Exercise Price of of Derivative Indirect
(Instr. 4) Date (Instr. 4) Derivative Security: Direct Beneficial
(Month/Day/Year) Security (D) or Indirect (I) Ownership)
----------------------------------------------------------- (Instr. 5) (Instr. 5)
Date Exercisable Expiration Date Title Amount or
Number
of Shares
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EDWARDSTONE & COMPANY, INCORPORATED
By: /s/ Nicholas R.H. Toms September 27, 1999
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Name: Nicholas R. H. Toms Date
Title: Chief Executive Officer
**Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, See Instruction 6 for procedure.
Potential persons who are to respond to the collection of information
contained in this form are not required to respond unless the form displays
a currently valid OMB Number.
