UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
NoFire Technologies, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $0.20 per share
- --------------------------------------------------------------------------------
(Title of Class of Securities)
654865 10 4
-----------------------------------------------------------
(CUSIP Number)
Andrew H. Tisch
667 Madison Avenue
New York, NY 10021
(212) 521-5130
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications)
November 23, 1998
-----------------------------------------------------------
(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
schedule because of ss.ss.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the
following box |_|
Note: Schedules filed in paper format shall include a signed original and five
copies of this statement, including all exhibits. See ss.240.13d-7(b) for other
parties to whom copies are to be sent.
*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
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CUSIP No. 654865 10 4 Page 2 of 27 Pages
- --------------------------------------------------------------------------------
- -------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entity Only)
NF Partners, LLC
- -------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- -------- -----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
- -------- -----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 5,175,202
------- -----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY -0-
------- -----------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 5,175,202
------- -----------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH -0-
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,175,202
- -------- -----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |X|
- -------- -----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
31.1%
- -------- -----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
OO
- -------- -----------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>
SCHEDULE 13D
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CUSIP No. 654865 10 4 Page 3 of 27 Pages
- --------------------------------------------------------------------------------
- -------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entity Only)
Andrew H. Tisch
- -------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- -------- -----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
- -------- -----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 285,000
------- -----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY -0-
------- -----------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 285,000
------- -----------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH -0-
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
285,000
- -------- -----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |X|
- -------- -----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.2%
- -------- -----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- -------- -----------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>
SCHEDULE 13D
- --------------------------------------------------------------------------------
CUSIP No. 654865 10 4 Page 4 of 27 Pages
- --------------------------------------------------------------------------------
- -------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entity Only)
JMC Investments LLC
- -------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- -------- -----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
- -------- -----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Connecticut
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 240,709
------- -----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY -0-
------- -----------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 240,709
------- -----------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH -0-
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
240,709
- -------- -----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |X|
- -------- -----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.8%
- -------- -----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
OO
- -------- -----------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>
SCHEDULE 13D
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CUSIP No. 654865 10 4 Page 5 of 27 Pages
- --------------------------------------------------------------------------------
- -------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entity Only)
John Capozzi
- -------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
- -------- -----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
- -------- -----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 175,000
------- -----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY -0-
------- -----------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 175,000
------- -----------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH -0-
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
175,000
- -------- -----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |X|
- -------- -----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.3%
- -------- -----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- -------- -----------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>
SCHEDULE 13D
- --------------------------------------------------------------------------------
CUSIP No. 654865 10 4 Page 6 of 27 Pages
- --------------------------------------------------------------------------------
- -------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entity Only)
Ravitch Rice & Company LLC
- -------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- -------- -----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
- -------- -----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- -------- -----------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 120,352
------- -----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY -0-
------- -----------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 120,352
------- -----------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH -0-
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
120,352
- -------- -----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |X|
- -------- -----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.9%
- -------- -----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
OO
- -------- -----------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>
SCHEDULE 13D
- --------------------------------------------------------------------------------
CUSIP No. 654865 10 4 Page 7 of 27 Pages
- --------------------------------------------------------------------------------
- -------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entity Only)
Barry L. Bloom
- -------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- -------- -----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
- -------- -----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 216,636
------- -----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY -0-
------- -----------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 216,636
------- -----------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH -0-
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
216,636
- -------- -----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |X|
- -------- -----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.7%
- -------- -----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- -------- -----------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>
SCHEDULE 13D
- --------------------------------------------------------------------------------
CUSIP No. 654865 10 4 Page 8 of 27 Pages
- --------------------------------------------------------------------------------
- -------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entity Only)
Robyn Samuels
- -------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- -------- -----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
- -------- -----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 48,139
------- -----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY -0-
------- -----------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 48,139
------- -----------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH -0-
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
48,139
- -------- -----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |X|
- -------- -----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.4%
- -------- -----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- -------- -----------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>
SCHEDULE 13D
- --------------------------------------------------------------------------------
CUSIP No. 654865 10 4 Page 9 of 27 Pages
- --------------------------------------------------------------------------------
- -------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entity Only)
Paul A. Downey
- -------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- -------- -----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
- -------- -----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 240,709
------- -----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY -0-
------- -----------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 240,709
------- -----------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH -0-
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
240,709
- -------- -----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |X|
- -------- -----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.8%
- -------- -----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- -------- -----------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>
SCHEDULE 13D
- --------------------------------------------------------------------------------
CUSIP No. 654865 10 4 Page 10 of 27 Pages
- --------------------------------------------------------------------------------
- -------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entity Only)
Robert N. Downey
- -------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- -------- -----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
- -------- -----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- -------- -----------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 1,684,945
------- -----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY -0-
------- -----------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 1,684,945
------- -----------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH -0-
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,684,945
- -------- -----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |X|
- -------- -----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.9%
- -------- -----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- -------- -----------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>
SCHEDULE 13D
- --------------------------------------------------------------------------------
CUSIP No. 654865 10 4 Page 11 of 27 Pages
- --------------------------------------------------------------------------------
- -------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entity Only)
Robert H. Savage
- -------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- -------- -----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
- -------- -----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- -------- -----------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 277,777
------- -----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY -0-
------- -----------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 277,777
------- -----------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH -0-
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
277,777
- -------- -----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |X|
- -------- -----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.1%
- -------- -----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- -------- -----------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>
SCHEDULE 13D
- --------------------------------------------------------------------------------
CUSIP No. 654865 10 4 Page 12 of 27 Pages
- --------------------------------------------------------------------------------
- -------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entity Only)
Thomas M. Steinberg
- -------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- -------- -----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
- -------- -----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- -------- -----------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 216,636
------- -----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY -0-
------- -----------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 216,636
------- -----------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH -0-
- ------------------ ------- -----------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
216,636
- -------- -----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |X|
- -------- -----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.7%
- -------- -----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- -------- -----------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>
SCHEDULE 13D
- --------------------------------------------------------------------------------
CUSIP No. 654865 10 4 Page 13 of 27 Pages
- --------------------------------------------------------------------------------
This Statement amends and supplements the Schedule 13D (the "Schedule
13D") of NF Partners, LLC, a Delaware limited liability company, JMC Investments
LLC, a Connecticut limited liability company, Ravitch Rice & Company LLC, a New
York limited liability company, Barry L. Bloom, Robyn Samuels, Paul A. Downey,
Robert N. Downey, Robert H. Savage, Thomas M. Steinberg, Andrew H. Tisch, and
John Capozzi filed with the Securities and Exchange Commission on June 26, 1998,
as amended by Amendment No. 1 filed on October 30, 1998 and relates to the
acquisition on November 23, 1998 of 150,000 shares of Common Stock, par value
$0.20 per share (the "Common Stock"), of NoFire Technologies, Inc. (the
"Issuer") and warrants to purchase 375,000 shares of Common Stock. Capitalized
terms used herein and not defined herein shall have the meanings ascribed
thereto in the Schedule 13D.
Item 2. Identity and Background.
(a) This statement is being filed by the following entities and
individuals:
1. NF Partners, LLC, a Delaware limited liability company ("NFP");
2. JMC Investments LLC, a Connecticut limited liability company
("JMC");
3. Ravitch Rice & Company LLC, a New York limited liability company
("RRC");
4. Barry L. Bloom ("Bloom");
5. Robyn Samuels ("Samuels");
6. Paul A. Downey ("Paul Downey");
7. Robert N. Downey ("Robert Downey");
8. Robert H. Savage ("Savage");and
9. Thomas M. Steinberg ("Steinberg").
NFP, JMC, RRC, Bloom, Samuels, Paul Downey, Robert Downey, Savage and Steinberg
are referred to herein individually as a "Purchase Agreement Investors" and
collectively as the "Purchase Agreement Investors". This statement is also being
filed by Andrew H. Tisch ("Andrew H. Tisch") and John Capozzi ("Capozzi").
Andrew H. Tisch, Capozzi and the Purchase Agreement Investors are referred to
herein individually as a "Reporting Person" and collectively as the "Reporting
Persons."
<PAGE>
SCHEDULE 13D
- --------------------------------------------------------------------------------
CUSIP No. 654865 10 4 Page 14 of 27 Pages
- --------------------------------------------------------------------------------
On November 23, 1998, the Purchase Agreement Investors other than
Savage (the "Supplemental Purchase Agreement Investors") purchased from the
Issuer in a private placement an aggregate of 150,000 units, each unit
consisting of one share of Common Stock, and five-year warrants (the
"Supplemental Purchase Agreement Warrants") to purchase 2.5 shares of Common
Stock at an initial exercise price of $ .50 per share, for aggregate
consideration of $75,000 pursuant to a Supplemental Common Stock and Five-Year
Warrant Purchase Agreement (the "Supplemental Purchase Agreement") dated as of
October 26, 1998 by and among the Issuer, the Supplemental Purchase Agreement
Investors and Sam Oolie and Samuel Gottfried.
The Supplemental Purchase Agreement allows the Supplemental Purchase
Agreement Investors to purchase a total of 960,000 units, each unit consisting
of one share of Common Stock and Supplemental Purchase Agreement Warrants to
purchase 2.5 shares of Common Stock, for total aggregate consideration of
$480,000. The Supplemental Purchase Agreement Investors may, but are not
required to, purchase additional units if requested by the Company on or before
March 31, 1998 or at their option exercised on or before that date. In addition
to the 520,000 units which the Supplemental Purchase Agreement Investors have
previously purchased pursuant to the Supplemental Purchase Agreement, the
Supplemental Purchase Agreement Investors are herein reporting beneficial
ownership of the additional 440,000 units which they may purchase pursuant to
the Supplemental Purchase Agreement. See Item 6, below.
By signing this statement, each Reporting Person agrees that this
Statement is filed on its, his or her behalf. The filing of this statement is
not an admission by any Reporting Person that such Reporting Person and any
other Reporting Person or Reporting Persons constitute a "group" for purposes of
Section 13(d)(3) of the Securities Exchange Act of 1934, as amended, or Rule
13d-5 thereunder. Each Reporting Person disclaims beneficial ownership of any
shares of Common Stock owned by any other Reporting Person, except to the extent
that beneficial ownership is expressly reported herein.
Item 3. Source and Amount of Funds or Other Consideration.
Set forth below is information regarding the funds used by the
Purchase Agreement Investors to purchase the securities reported in Item 5
below.
<PAGE>
SCHEDULE 13D
- --------------------------------------------------------------------------------
CUSIP No. 654865 10 4 Page 15 of 27 Pages
- --------------------------------------------------------------------------------
Reporting Aggregate
Person Source of Funds Purchase Price
---------------- ----------------- ----------------
NFP Working Capital $937,250.66
JMC Working Capital $ 43,593.51
RRC Working Capital $ 21,796.17
Bloom Personal Funds $ 39,233.56
Samuels Personal Funds $ 8,718.11
Paul Downey Personal Funds $ 43,593.51
Robert Downey Personal Funds $305,150.72
Savage Personal Funds $ 71,428.50
Steinberg Personal Funds $ 39,233.56
The foregoing amounts do not include the exercise price of the
Purchase Agreement Warrants or the Supplemental Purchase Agreement Warrants. The
Purchase Agreement Investors would have to pay the exercise price of the
Purchase Agreement Warrants and the Supplemental Purchase Agreement Warrants to
obtain the shares of Common Stock that are issuable upon exercise of the
Purchase Agreement Warrants and the Supplemental Purchase Agreement Warrants and
that are included among the shares of Common Stock beneficially owned by the
Purchase Agreement Investors.
<PAGE>
SCHEDULE 13D
- --------------------------------------------------------------------------------
CUSIP No. 654865 10 4 Page 16 of 27 Pages
- --------------------------------------------------------------------------------
Item 5. Interest in Securities of the Issuer.
(a) Set forth in the table below is the aggregate number of shares of
Common Stock beneficially owned as of the date hereof by each person or entity
named in Item 2 above, together with the percentage of outstanding shares of
Common Stock which is beneficially owned by each such person or entity. The
information set forth in this table does not include any shares of Common Stock
that the Purchase Agreement Investors may acquire pursuant to the Purchase
Agreement at the Second Tranche Closing or the Second Closing (see Item 6,
below). The ownership percentages set forth in the table below are based on
12,516,434 shares of Common Stock having been outstanding subsequent to the
transactions effected on November 23, 1998 pursuant to the Supplemental Purchase
Agreement, which number of shares was derived by adding the 520,000 shares of
Common Stock issued to date pursuant to the Supplemental Purchase Agreement to
the number of shares outstanding last reported by the Issuer (11,996,434 as of
July 7, 1998 as reported in the Issuer's Form 10-QSB for the quarter ended May
31, 1998). The percentages of the outstanding shares of Common Stock owned by
each of the persons listed below and the percentage of the outstanding shares of
Common Stock owned by all of such persons in the aggregate have been calculated
in accordance with Rule 13d-3 under the Securities Exchange Act of 1934, as
amended, to reflect ownership of shares of Common Stock issuable upon exercise
of outstanding warrants. As provided in such Rule, shares of Common Stock
issuable to any person upon exercise of its, his or her warrants (or issuable to
all such persons in the aggregate) are deemed to be outstanding for the purpose
of calculating such person's beneficial ownership (or all such persons'
aggregate beneficial ownership) but not any other person's beneficial ownership.
<PAGE>
SCHEDULE 13D
- --------------------------------------------------------------------------------
CUSIP No. 654865 10 4 Page 17 of 27 Pages
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
% of
Class
Name of Amount and Nature of Out-
Beneficial Owner Beneficial Ownership standing
- -------------------- ------------------------------- --------
Owned Has Right
Currently to Acquire Total
--------- ---------- -----
<S> <C> <C> <C> <C>
NFP 1,478,629 3,696,573 5,175,202 31.1%
FP (1) (1) (1) (1)
4-14P (1) (1) (1) (1)
Andrew H. Tisch (1) (1) (1) (1)
1991 Trust
Daniel R. Tisch (1) (1) (1) (1)
1991 Trust
James S. Tisch (1) (1) (1) (1)
1991 Trust
Thomas J. Tisch (1) (1) (1) (1)
1991 Trust
Andrew H. Tisch 160,000(1) 125,000(1)(2) 285,000(1)(2) 2.2%(1)
Daniel R. Tisch (1) (1) (1) (1)
James S. Tisch (1) (1) (1) (1)
Thomas J. Tisch (1) (1) (1) (1)
JMC 68,774 171,935 240,709 1.8%
Capozzi 100,000(3) 75,000(3) 175,000(3) 1.3%(3)
RRC 34,386 85,966 120,352 0.9%
Richard Ravitch (4) (4) (4) (4)
Donald S. Rice (4) (4) (4) (4)
Barry L. Bloom 61,896 154,740 216,636 1.7%
Robyn Samuels 13,754 34,385 48,139 0.4%
Paul A. Downey 68,774 171,935 240,709 1.8%
Robert N. Downey 481,413 1,203,532 1,684,945 11.9%
Robert H. Savage 79,365 198,412 277,777 2.1%
Thomas M. Steinberg 61,896 154,740 216,636 1.7%
--------- ---------- --------- -------
Total 2,608,887 6,072,218 8,681,105 45.6%
</TABLE>
<PAGE>
SCHEDULE 13D
- --------------------------------------------------------------------------------
CUSIP No. 654865 10 4 Page 18 of 27 Pages
- --------------------------------------------------------------------------------
(1) Does not include shares owned by NFP. None of FP, 4-14P or the Messrs.
Tisch beneficially owns any shares of Common Stock, except for the shares
of Common Stock beneficially owned by Andrew H. Tisch and except to the
extent that beneficial ownership of shares of Common Stock beneficially
owned by NFP may be attributed to them.
(2) Prior to the transactions effected pursuant to the Purchase Agreement, Mr.
Tisch acquired the following warrants: (a) warrants to acquire 50,000
shares of Common Stock at an exercise price of $2.00 per share, which
warrants expire on November 13, 2001, (b) warrants to acquire 50,000 shares
of Common Stock at an exercise price of $2.00 per share, which warrants
expire on September 22, 2002 and (c) warrants to acquire 25,000 shares of
Common Stock at an exercise price of $3.00 per share, which warrants expire
on September 22, 2002.
(3) Shares in the "Owned Currently" column are owned by Mr. Capozzi's wife.
Shares in the "Has Right to Acquire" column are shares of Common Stock
issuable upon exercise of the Consultant Warrants. Mr. Capozzi's rights to
receive the Consultant Warrants vest at the rate of 1,250 Consultant
Warrants monthly for so long as Mr. Capozzi continues to perform consulting
services for the Issuer over a five-year period commencing on the date of
the First Closing. Does not include shares owned by JMC.
(4) Does not include shares owned by RRC. Neither Mr. Ravitch nor Mr. Rice
beneficially owns any shares of Common Stock, except to the extent that
beneficial ownership of shares of Common Stock beneficially owned by RRC
may be attributed to them.
(b) Set forth in the table below is information with respect to the
number of shares of Common Stock beneficially owned as of the date hereof by
each person or entity named in Item 2 above, indicating, with respect to such
shares of Common Stock, whether each such person has the sole power to vote or
direct the vote or shared power to vote or direct the vote and sole power to
dispose or direct the disposition or shared power to dispose or direct the
disposition.
<PAGE>
SCHEDULE 13D
- --------------------------------------------------------------------------------
CUSIP No. 654865 10 4 Page 19 of 27 Pages
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Power to Dispose or
Name of Beneficial Power to Vote or Direct Direct the
Owner the Vote Disposition
----- -------- -----------
Sole Shared Sole Shared
---- ------ ---- ------
<S> <C> <C> <C> <C>
NFP 5,175,202 0 5,175,202 0
FP (1) (1) (1) (1)
4-14P (1) (1) (1) (1)
Andrew H. Tisch (1) (1) (1) (1)
1991 Trust
Daniel R. Tisch (1) (1) (1) (1)
1991 Trust
James S. Tisch (1) (1) (1) (1)
1991 Trust
Thomas J. Tisch (1) (1) (1) (1)
1991 Trust
Andrew H. Tisch 285,000(1) (1) 285,000(1) (1)
Daniel R. Tisch (1) (1) (1) (1)
James S. Tisch (1) (1) (1) (1)
Thomas J. Tisch (1) (1) (1) (1)
JMC 240,709 0 240,709 0
RRC 120,352 0 120,352 0
Capozzi 175,000(2) (2) 175,000(2) (2)
Richard Ravitch (3) (3) (3) (3)
Donald S. Rice (3) (3) (3) (3)
Barry L. Bloom 216,636 0 216,636 0
Robyn Samuels 48,139 0 48,139 0
Paul A. Downey 240,709 0 240,709 0
Robert N. Downey 1,684,945 0 1,684,945 0
Robert H. Savage 277,777 0 277,777 0
Thomas M. Steinberg 216,636 0 216,636 0
</TABLE>
(1) By virtue of their status as managing trustees of the trusts which are the
general partners of FP and which are (i) members of 4-14P or (ii) partners
of partnerships which are members of 4-14P or (iii) partners of
partnerships which are partners of partnerships which are members of 4-14P,
the Messrs. Tisch may be deemed to have indirectly shared power to vote or
<PAGE>
SCHEDULE 13D
- --------------------------------------------------------------------------------
CUSIP No. 654865 10 4 Page 20 of 27 Pages
- --------------------------------------------------------------------------------
direct the vote and dispose or direct the disposition of the shares of
Common Stock owned by NFP.
(2) By virtue of his status as manager and a member of JMC, Mr. Capozzi may be
deemed to have indirectly power to vote or direct the vote and dispose or
direct the disposition of the shares of Common Stock owned by JMC.
(3) By virtue of their status as members of RRC, Mr. Ravitch and Mr. Rice may
be deemed to have indirectly shared power to vote or direct the vote and
dispose or direct the disposition of the shares of Common Stock owned by
NFP.
(c) The only transactions in the Common Stock effected by the
Reporting Persons during the sixty days preceding the date hereof were the
respective acquisitions by the Supplemental Purchase Agreement Investors on
October 28, 1998 and November 23, 1998 from the Issuer in private placements
pursuant to the Supplemental Purchase Agreement of units consisting of one share
of Common Stock and Purchase Agreement Warrants to purchase 2.5 shares of Common
Stock, which are summarized below. None of the other persons or entities named
in Item 2 above effected any other transactions in the Common Stock during the
60 days preceding the date hereof.
Name of Units
Reporting Person -----
- ---------------- Number Price/Unit
------- ----------
NFP 338,788 $0.50
JMC 15,758 $0.50
RRC 7,879 $0.50
Barry L. Bloom 14,182 $0.50
Robyn Samuels 3,151 $0.50
Paul A. Downey 15,758 $0.50
Robert N. Downey 110,303 $0.50
Robert H. Savage 0
Thomas M. Steinberg 14,182 $0.50
-------
520,000
(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, the
shares of Common Stock beneficially owned by the persons and entities named in
Item 2 above.
<PAGE>
SCHEDULE 13D
- --------------------------------------------------------------------------------
CUSIP No. 654865 10 4 Page 21 of 27 Pages
- --------------------------------------------------------------------------------
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer.
The Purchase Agreement Investors purchased shares of Common Stock and
Purchase Agreement Warrants from the Issuer in a private placement on June 16,
1998 (the "First Closing") pursuant to the Purchase Agreement. The summary set
forth below of certain provisions of the Purchase Agreement is qualified in its
entirety by reference to the Purchase Agreement, which is attached as an exhibit
to this Schedule 13D and is incorporated herein by reference.
The Purchase Agreement provides that if, prior to August 31, 1999, the
Issuer has entered into binding contracts with nuclear power generating
companies or their contractors providing for gross sales of more than $100,000
of the Issuer's fire retardant products during the first year of such contracts
to upgrade fire protection of control wiring at nuclear power generating
facilities, the Purchase Agreement Investors will purchase an aggregate of
$150,000.30 of investment units, each unit consisting of one share of Common
Stock and Purchase Agreement Warrants to purchase 2.5 shares of Common Stock at
an initial exercise price of $0.90 per share (reduced to $0.75 per share
pursuant to the Supplemental Purchase Agreement, see below), at a tranche 2
closing (the "Second Tranche Closing") for a purchase price of $1.00 per unit
(reduced to $0.75 per share pursuant to the Supplemental Purchase Agreement, see
below). Set forth below is information concerning the number of shares of Common
Stock that each Purchase Agreement Investor would acquire at a Second Tranche
Closing if the Issuer enters into such contracts. The information set forth
below reflects the amendments to the Second Tranche Closing per unit purchase
price effected by the Supplemental Purchase Agreement.
<PAGE>
SCHEDULE 13D
- --------------------------------------------------------------------------------
CUSIP No. 654865 10 4 Page 22 of 27 Pages
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Shares
Name of of Shares
Reporting Common Underlying Purchase
Person Stock Warrants Total Price(1)
------ ----- -------- ----- --------
<S> <C> <C> <C> <C>
NFP 122,857 307,143 430,000 $92,142.90
JMC 5,714 14,286 20,000 $4,285.80
RRC 2,857 7,143 10,000 $2,142.90
Bloom 5,143 12,858 18,001 $3,857.40
Samuels 1,142 2,856 3,998 $856.80
Paul Downey 5,714 14,286 20,000 $4,285.80
Robert Downey 40,000 99,999 139,999 $29,999.70
Savage 11,429 28,572 40,001 $8,571.60
Steinberg 5,143 12,858 18,001 $3,857.40
------- -------- ------- ----------
Total 200,000 500,001 700,001 $150,000.30
</TABLE>
(1) Does not include the exercise price of the Purchase Agreement Warrants
reflected in the above table. The Reporting Persons would have to pay the
Purchase Agreement Warrant exercise price to obtain the shares of Common
Stock shown in the "Shares Underlying Warrants" column. The initial
exercise price of the Purchase Agreement Warrants that would be issued at
the Second Tranche Closing is $0.75 per share of Common Stock.
<PAGE>
SCHEDULE 13D
- --------------------------------------------------------------------------------
CUSIP No. 654865 10 4 Page 23 of 27 Pages
- --------------------------------------------------------------------------------
The Purchase Agreement provides that if for the fiscal year ending
August 31, 1999, the Issuer has net sales of $2,000,000 or more and pre-tax
earnings of $400,000 or more, the Purchase Agreement Investors will purchase an
aggregate of $500,001.30 of investment units, each unit consisting of one share
of Common Stock and Purchase Agreement Warrants to purchase 2.5 shares of Common
Stock at an initial exercise price of $1.00 per share (reduced to $0.75 per
share pursuant to the Supplemental Purchase Agreement, see below), at a second
closing (the "Second Closing") on September 15, 1999 for a purchase price of
$0.90 per unit (reduced to $0.75 per share pursuant to the Supplemental Purchase
Agreement, see below). If the Issuer fails to meet the net sales and pre-tax
earnings thresholds set forth above, the Purchase Agreement Investors may
nevertheless, at their option, purchase such additional number of units. Set
forth below is information concerning the number of shares of Common Stock that
each Purchase Agreement Investor would acquire if the Issuer meets such net
sales and pre-tax earnings thresholds or, if such thresholds are not met, the
Purchase Agreement Investors exercise their option in full. The information set
forth below reflects the amendments to the Second Tranche Closing per unit
purchase price effected by the Supplemental Purchase Agreement.
<TABLE>
<CAPTION>
Shares
Name of of Shares
Reporting Common Underlying Purchase
Person Stock Warrants Total Price(1)
------ ----- -------- ----- --------
<S> <C> <C> <C> <C>
NFP 409,524 1,023,810 1,433,334 $307,143.00
JMC 19,048 47,619 66,667 $14,285.70
RRC 9,524 23,811 33,335 $7,143.30
Bloom 17,143 42,858 60,001 $12,857.40
Samuels 3,810 9,525 13,335 $2,857.50
Paul
Downey 19,048 47,619 66,667 $14,285.70
Robert
Downey 133,333 333,333 466,666 $99,999.90
Savage 38,095 95,238 133,333 $28,571.40
Steinberg 17,143 42,858 60,001 $12,857.40
------- --------- --------- -----------
Total 666,668 1,666,671 2,333,339 $500,001.30
</TABLE>
(1) Does not include the exercise price of the Purchase Agreement Warrants
reflected in the above table. The Purchase Agreement Investors would have
to pay the Purchase Agreement Warrant exercise price to obtain the shares
of Common Stock shown in the "Shares Underlying Warrants" column. The
initial exercise price of the Purchase
<PAGE>
SCHEDULE 13D
- --------------------------------------------------------------------------------
CUSIP No. 654865 10 4 Page 24 of 27 Pages
- --------------------------------------------------------------------------------
Agreement Warrants that would be issued at the Second Closing
is $0.75 per share of Common Stock.
The Supplemental Purchase Agreement Investors purchased 370,000 shares
of Common Stock and Supplemental Purchase Agreement Warrants exercisable for
925,000 shares of Common Stock and 150,000 shares of Common Stock and
Supplemental Purchase Agreement Warrants exercisable for 375,000 shares of
Common Stock from the Issuer in private placements on October 28, 1998 and
November 23, 1998 pursuant to the Supplemental Purchase Agreement.
The Supplemental Purchase Agreement provides that the Supplemental
Purchase Agreement Investors may purchase up to an additional 440,000 units. In
order to obtain any financing under the Supplemental Purchase Agreement, the
Issuer must on or before March 31, 1999 give the Chief Financial Officer of the
Tisch Family Interests, as agent for the Supplemental Purchase Agreement
Investors (the "Agent"), at least ten (10) days written notice of its desire to
obtain such financing setting forth in detail each proposed expenditure required
(the "Proposed Expenditure"), the purpose therefor, the payee or payees and any
other pertinent information. The Agent must either accept or decline the
Issuer's request to finance the Proposed Expenditure by replying in writing
within ten (10) days of receipt of the Issuer's notice. Each purchase and sale
shall be consummated at a closing on the date set forth in the notice requesting
the Proposed Expenditure. The aggregate purchase price paid by the Agent on
behalf of the Supplemental Purchase Agreement Investors shall be an amount up to
the total amount requested, and the total number of units issued and sold to the
Supplemental Purchase Agreement Investors shall be two times the aggregate
purchase price paid, allocated to each Supplemental Purchase Agreement Investor
pro rata according to percentages set forth in Schedule 1 of the Supplemental
Purchase Agreement. The Agent may at any time upon ten days written notice to
the Company on or before March 31, 1999 elect to purchase the balance of
investment units not purchased prior to the date of such notice.
Item 7. Material to be filed as Exhibits.
Exhibit 1. Agreement regarding the joint filing of this Statement.
Exhibit 2. Common Stock and Five-Year Warrant Purchase Agreement dated as of
June 15, 1998 between the Issuer, the Purchase Agreement Investors
and Sam Oolie and Samuel Gottfried. Incorporated herein by reference
to Exhibit 2 to the Schedule 13D.
Exhibit 3. Form of Warrant. (Attached to the Purchase Agreement as Exhibit A.)
Incorporated herein by reference to Exhibit 3 to the Schedule 13D.
<PAGE>
SCHEDULE 13D
- --------------------------------------------------------------------------------
CUSIP No. 654865 10 4 Page 25 of 27 Pages
- --------------------------------------------------------------------------------
Exhibit 4. Registration Rights Agreement dated as of June 15, 1998 between the
Issuer and the Purchase Agreement Investors. (Attached to the
Purchase Agreement as Exhibit D.) Incorporated herein by reference
to Exhibit 4 to the Schedule 13D.
Exhibit 5. Supplemental Common Stock and Five-Year Warrant Purchase Agreement
dated as of October 26, 1998 between the Issuer, the Supplemental
Purchase Agreement Investors and Sam Oolie and Samuel Gottfried.
Incorporated herein by reference to Exhibit 5 to Amendment No. 1 to
the Schedule 13D.
<PAGE>
SCHEDULE 13D
- --------------------------------------------------------------------------------
CUSIP No. 654865 10 4 Page 26 of 27 Pages
- --------------------------------------------------------------------------------
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
hereby certify that the information set forth in this statement is true,
complete and correct.
November 30, 1998 NF PARTNERS, LLC
By /s/ Andrew H. Tisch
-------------------------
Andrew H. Tisch, Manager
JMC INVESTMENTS LLC
By /s/ John Capozzi
------------------------
John Capozzi, Manager
RAVITCH RICE & COMPANY LLC
By /s/ Donald S. Rice
-------------------------
Donald S. Rice, Managing
Director
/s/ Barry L. Bloom
---------------------------
Barry L. Bloom
/s/ Robyn Samuels
---------------------------
Robyn Samuels
/s/ Paul A. Downey
---------------------------
Paul A. Downey
<PAGE>
SCHEDULE 13D
- --------------------------------------------------------------------------------
CUSIP No. 654865 10 4 Page 27 of 27 Pages
- --------------------------------------------------------------------------------
/s/ Robert N. Downey
---------------------------
Robert N. Downey
/s/ Robert H. Savage
---------------------------
Robert H. Savage
/s/ Thomas M. Steinberg
---------------------------
Thomas M. Steinberg
/s/ Andrew H. Tisch
---------------------------
Andrew H. Tisch
/s/ John Capozzi
---------------------------
John Capozzi
<PAGE>
EXHIBIT INDEX
Exhibit 1. Agreement regarding the joint filing of this Statement.
Exhibit 2. Common Stock and Five-Year Warrant Purchase Agreement dated as of
June 15, 1998 between the Issuer, the Purchase Agreement Investors
and Sam Oolie and Samuel Gottfried. Incorporated herein by reference
to Exhibit 2 to the Schedule 13D.
Exhibit 3. Form of Warrant. (Attached to the Purchase Agreement as Exhibit A.)
Incorporated herein by reference to Exhibit 3 to the Schedule 13D.
Exhibit 4. Registration Rights Agreement dated as of June 15, 1998 between the
Issuer and the Purchase Agreement Investors. (Attached to the
Purchase Agreement as Exhibit D.) Incorporated herein by reference
to Exhibit 4 to the Schedule 13D.
Exhibit 5. Supplemental Common Stock and Five-Year Warrant Purchase Agreement
dated as of October 26, 1998 between the Issuer, the Supplemental
Purchase Agreement Investors and Sam Oolie and Samuel Gottfried.
Incorporated herein by reference to Exhibit 5 to Amendment No. 1 to
the Schedule 13D.
<PAGE>
EXHIBIT 1
AGREEMENT
In accordance with Rule 13d-1(k)(1) under the Securities Exchange Act
of 1934, as amended, the undersigned hereby agree that Amendment No. 2 dated
November 30, 1998 to the Schedule 13D relating to the Common Stock, par value
$0.20 per share, of NoFire Technologies, Inc., as the same may be amended from
time to time hereafter, is being filed with the Securities and Exchange
Commission on behalf of each of them.
November 30, 1998 NF PARTNERS, LLC
By /s/ Andrew H. Tisch
-------------------------
Andrew H. Tisch, Manager
JMC INVESTMENTS LLC
By /s/ John Capozzi
------------------------
John Capozzi, Manager
RAVITCH RICE & COMPANY LLC
By /s/ Donald S. Rice
-------------------------
Donald S. Rice, Managing
Director
/s/ Barry L. Bloom
---------------------------
Barry L. Bloom
/s/ Robyn Samuels
---------------------------
Robyn Samuels
/s/ Paul A. Downey
---------------------------
Paul A. Downey
/s/ Robert N. Downey
---------------------------
Robert N. Downey
<PAGE>
/s/ Robert H. Savage
---------------------------
Robert H. Savage
/s/ Thomas M. Steinberg
---------------------------
Thomas M. Steinberg
/s/ Andrew H. Tisch
---------------------------
Andrew H. Tisch
/s/ John Capozzi
---------------------------
John Capozzi
