SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 9)
MIKRON INSTRUMENT COMPANY, INC.
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(Name of Issuer)
Common Stock, $0.01 par value per share
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(Title of Class of Securities)
59862R 10 3
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(CUSIP Number)
Steven N. Bronson
16 East 52nd Street
Suite 501
New York, New York 10022
(212) 872-1623
with a copy to:
Steven D. Dreyer, Esq.
Hall Dickler Kent Friedman & Wood LLP
909 Third Avenue
New York, New York 10022
(212) 339-5580
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
December 31, 1998
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(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
statement because of Rule 13d-1(b)(3) or (4), check the following box: |_|
*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
disclosures provided in a prior cover page.
The information required on 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).
<PAGE>
SCHEDULE 13D
CUSIP No. 59862R 10 3 Page 2 of 6 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Steven N. Bronson
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
PF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) |_|
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6 CITIZENSHIP OR PLACE OR ORGANIZATION
USA
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7 SOLE VOTING POWER
174,400
NUMBER OF --------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 800,000
EACH --------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH 328,085
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
800,000
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,128,085
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_|
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
29.80%
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14 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13D
CUSIP No. 59862R 10 3 Page 3 of 6 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Long Term Growth Associates, Limited
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
WC
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) |_|
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6 CITIZENSHIP OR PLACE OR ORGANIZATION
Florida
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7 SOLE VOTING POWER
0
NUMBER OF --------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 800,000
EACH --------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH 0
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
800,000
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
800,000
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_|
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
21.1%
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14 TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Page 4 of 6 Pages
Except as expressly restated below, the Schedule 13D and amendments
thereto filed on behalf of Steven N. Bronson and Long Term Growth Associates,
Limited, with respect to shares of Common Stock of Mikron Instrument Company,
Inc., a New Jersey corporation (the "Issuer"), remains in full force and effect.
Item 2. Identity and Background.
(a) This Amendment No. 9 to Schedule 13D is being filed jointly on
behalf of Steven N. Bronson and Long Term Growth Associates, Limited, a Florida
limited partnership (the "Partnership"). The general partner of the Partnership
is Long-Term Growth Associates, Inc., a Florida corporation ("General Partner")
of which Mr. Bronson is a principal.
(b) Mr. Bronson's business address is 16 East 52nd Street, Suite
501, New York, New York 10022. The Partnership's business address is 16 East
52nd Street, Suite 501, New York, New York 10022.
(c) Mr. Bronson is the President of the General Partner and of
Catalyst Financial Corp., a broker-dealer licensed under the Act. The principal
place of business of Catalyst is 16 East 52nd Street, Suite 501, New York, New
York 10022. Mr. Bronson is also a director of the Issuer. The Partnership is
engaged in the business of investing in securities.
(d) Neither the Partnership, the General Partner, nor any of its
executive officers, including Mr. Bronson, were during the last five years
convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors).
(e) Neither the Partnership, the General Partner, nor any of its
executive officers, including Mr. Bronson, were during the last five years, a
party to a civil proceeding of a judicial or administrative body of competent
jurisdiction and as a result of such proceeding was or is subject to a judgment,
decree, or final order enjoining further violations of, or prohibiting or
mandating activities subject to federal or state securities laws or finding any
violation with respect to such laws.
(f) Mr. Bronson is a citizen of the United States of America. The
Partnership is a Florida limited partnership and the General Partner is a
Florida corporation.
Item 3. Source and Amount of Funds or Other Consideration.
On December 31, 1998, Mr. Bronson, utilizing his personal funds,
exercised the following warrants: warrants to purchase 32,875 shares of the
Issuer's common stock at $.81 per share; warrants to purchase 32,875 shares of
the Issuer's common stock at $1.01 per share, warrants to purchase 32,875 shares
of Issuer's common stock at $1.25 per share and warrants to purchase 32,875
shares of the Issuer's common stock at $1.50 per share. In addition, warrants
issued to Mr. Bronson to purchase 32,875 shares of the Issuer's common stock at
$1.75 per share expired unexercised on
<PAGE>
Page 5 of 6 Pages
December 31, 1998.
Item 5. Interest in Securities of the Issuer.
(a)(b) Mr. Bronson may be deemed to beneficially own an aggregate of
1,128,085 shares of the Issuer's common stock, representing approximately 29.80%
of the total shares of common stock deemed outstanding. Such shares include
800,000 shares owned beneficially by the Partnership, as described below. Such
shares also include 174,400 shares owned directly by Mr. Bronson and 153,685
shares issuable upon exercise of warrants at an exercise price of $2.50 per
share through September 30, 2000.
The Partnership may be deemed to beneficially own an aggregate of
800,000 shares of Common Stock, representing approximately 21.1% of the total
shares of the Issuer's Common Stock deemed outstanding. The Partnership may be
deemed to share voting and dispositive power of such shares with Steven N.
Bronson.
The foregoing shares of common stock do not include any shares held
of record in the trading account of Catalyst and, with respect to such shares,
the foregoing persons disclaim beneficial ownership.
(c) Not Applicable.
(d) No other person 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
such securities of the Issuer.
(e) Not Applicable.
Item 7. Material to be Filed as Exhibits.
Exhibit N - Joint 13D Filing Statement.
<PAGE>
Page 6 of 6 Pages
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information as set forth in this statement is true, complete
and correct.
Date: January 11, 1999 /s/ STEVEN N. BRONSON
--------------------------------------
Steven N. Bronson
LONG TERM GROWTH ASSOCIATES, LIMITED
By: Long-Term Growth Associates, Inc.,
General Partner
Date: January 11, 1999 By:/s/ STEVEN N. BRONSON
-----------------------------------
Steven N. Bronson, President
<PAGE>
Exhibit N
Reference is made to a report on Schedule 13D, being filed on or about the
date hereof, with respect to the undersigned's beneficial ownership of shares of
Common Stock of Mikron Instrument Company, Inc. The undersigned hereby
acknowledge and agree that such Schedule 13D is being filed on behalf of each of
the undersigned. This agreement may be executed in one or more counterparts,
each of which shall be an original, but all of which shall constitute one and
the same instrument.
Date: January 11, 1999 /s/ STEVEN N. BRONSON
--------------------------------------
Steven N. Bronson
LONG TERM GROWTH ASSOCIATES LIMITED
By: Long-Term Growth Associates, Inc.
General Partner
Date: January 11, 1999 By:/s/ STEVEN N. BRONSON
-----------------------------------
Steven N. Bronson, President
