Washington, D.C. 20549

Delaware 62-1265486

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(State of Incorporation) (I.R.S. Employer

Identification No.)

825 Main Street South, New Ellenton, SC 29809

(Address of principal executive offices)

Registrant's telephone number, including area code: (803) 652-2718

Check whether the issuer (1) filed all reports required to be filed by Section 13 or 15 (d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Yes No X

Title of each class Outstanding at February 1, 2000

Common stock, 3,810,183

par value $0.01

Transitional Small Business Disclosure Format (Check one)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: February 14, 2000 By /s/ Vincent A Ferri

Vincent A. Ferri, President and CEO

(Principal Executive Officer)

By /s/ Martin Jacoby

Martin Jacoby, Treasurer