GZA GEOENVIRONMENTAL TECHNOLOGIES INC
SC 13D/A, 2000-09-18
HAZARDOUS WASTE MANAGEMENT
Previous: AMERICAN GAMING & ENTERTAINMENT LTD /DE, DEFM14C, 2000-09-18
Next: CHEVY CHASE BANK FSB, 424B5, 2000-09-18



                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                 --------------

                                  SCHEDULE 13D

                    Under the Securities Exchange Act of 1934

                                (Amendment No.2)

                     GZA GeoEnvironmental Technologies, Inc.
--------------------------------------------------------------------------------
                                (Name of issuer)

                          COMMON STOCK, $.01 PAR VALUE
--------------------------------------------------------------------------------
                         (Title of class of securities)

                                   362386-10-4
--------------------------------------------------------------------------------
                                 (CUSIP number)

                              STEVEN WOLOSKY, ESQ.
                 OLSHAN GRUNDMAN FROME ROSENZWEIG & WOLOSKY LLP
                                 505 Park Avenue
                            New York, New York 10022
                                 (212) 753-7200
--------------------------------------------------------------------------------
                  (Name, address and telephone number of person
                authorized to receive notices and communications)

                               September 14, 2000
--------------------------------------------------------------------------------
             (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 Rule 13d-1(b)(3) or (4), check the following box
|_|.

=        Note.  six copies of this statement, including all exhibits, should be
filed with the Commission.  See Rule 13d-1(a) for other parties to whom copies
are to be sent.

                         (Continued on following pages)

                               (Page 1 of 5 Pages)





<PAGE>
---------------------------------                       ------------------------
CUSIP No. 362386-10-4                      13D          Page 2 of 5 Pages
---------------------------------                       ------------------------


================================================================================

       1        NAME OF REPORTING PERSONS
                S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

                         ACQUISITOR PLC
--------------------------------------------------------------------------------
       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 ITEM 2(d) OR 2(e)                               / /
--------------------------------------------------------------------------------
       6        CITIZENSHIP OR PLACE OR ORGANIZATION
                         DELAWARE
--------------------------------------------------------------------------------
   NUMBER OF            7         SOLE VOTING POWER
     SHARES
  BENEFICIALLY                             313,100
 OWNED BY EACH
REPORTING PERSON     -----------------------------------------------------------
      WITH
                        8         SHARED VOTING POWER

                                           -0-
                     -----------------------------------------------------------
                        9         SOLE DISPOSITIVE POWER

                                           313,100
                     -----------------------------------------------------------
                       10         SHARED DISPOSITIVE POWER

                                           -0-
--------------------------------------------------------------------------------
       11       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
                PERSON
                         313,100
--------------------------------------------------------------------------------
       12       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
                SHARES*                                                     / /
--------------------------------------------------------------------------------
       13       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                         7.45%
--------------------------------------------------------------------------------
       14       TYPE OF REPORTING PERSON*
                         CO
================================================================================





<PAGE>
---------------------------------                       ------------------------
CUSIP No. 362386-10-4                      13D          Page 3 of 5 Pages
---------------------------------                       ------------------------


         The following  constitutes Amendment No. 2 to the Schedule 13D filed by
the undersigned  (the "Schedule  13D").  Except as specifically  amended by this
Amendment No. 2, the Schedule 13D remains in full force and effect.

Item 3 is amended to read as follows:

Item 3.           Source and Amount of Funds or Other Consideration.
                  -------------------------------------------------

                  The aggregate  purchase  price of the 313,100 shares of Common
Stock acquired by Acquisitor is $1,688,576 and came from its working capital.

Item 4 is amended to read as follows:

Item 4.           Purpose of Transaction.
                  ----------------------

                  The Reporting  Person believes that the shares of Common Stock
of  the  Issuer  are   undervalued   and  represent  an  attractive   investment
opportunity.  The Reporting Person intends to have open  communications with the
Issuer's  management in order to monitor  their efforts to increase  stockholder
value. Depending on various factors including,  without limitation, the Issuer's
financial  position and  investment  strategy,  the price levels of the Issuer's
common stock,  conditions  in the  securities  markets and general  economic and
industry  conditions,  the Reporting  Person may in the future take such actions
with respect to its investment in the Issuer as it deems appropriate  including,
without  limitation  purchasing  additional  shares of Common  Stock in the open
market or  otherwise,  making  an offer to  purchase  up to all of the  Issuer's
outstanding  shares  of  Common  Stock  through  a  negotiated   transaction  or
otherwise,  seeking to nominate a slate of directors  to the  Issuer's  board of
directors or presenting  proposals for stockholders'  consideration at an annual
or special meeting of the Issuer's  stockholders.  The Reporting Person may also
sell some or all of its  shares of Common  Stock  through  privately  negotiated
transactions,  or to change its  intention  with  respect to any and all matters
referred to in this Item 4.

Item 5 is amended to read as follows:

Item 5.            Interest in Securities of the Issuer.
                   ------------------------------------

                  (a)  The  aggregate  percentage  of  shares  of  Common  Stock
reported owned by the Reporting  Person is based upon 4,205,122 shares of Common
Stock  outstanding  as of June 30, 2000 as reported  in the  Issuer's  Quarterly
Report on Form 10-Q for the  quarterly  period ended May 31, 2000 and filed with
the Securities and Exchange Commission on July 17, 2000.

                  (b) As of  the  close  of  business  on  September  14,  2000,
Acquisitor  beneficially  owns  313,100  shares  of  Common  Stock  constituting
approximately 7.45% of the shares of Common



<PAGE>
---------------------------------                       ------------------------
CUSIP No. 362386-10-4                      13D          Page 4 of 5 Pages
---------------------------------                       ------------------------


Stock  outstanding.  The Reporting Person has the sole power to vote and dispose
of the Shares reported in this Schedule 13D.

                  (c) The table below  lists all  transactions  in the  Issuer's
Common Stock since the filing of the Schedule 13D by the Reporting Person.

           Transaction in Shares Since the Filing of the Schedule 13D
           ----------------------------------------------------------


  Shares of Common
       Stock                     Price Per                  Date of
  Purchased/(Sold)                 Share                 Purchase/Sale
  ----------------                 -----                 -------------
      53,500                      $6.1209                   9/14/00
      (2,000)                     $6.7500                   8/21/00
       2,000                      $6.3750                   8/21/00

                  (d) No person other than the Reporting Person is known to have
the right to receive,  or the power to direct the receipt of dividends  from, or
proceeds from the sale of, such shares of the Common Stock.

                  (e)     Not Applicable

Item 6 is amended to include the following:

Item 6.           Contracts, Arrangements, Understandings or Relationships
                  --------------------------------------------------------
                  With Respect to Securities ofthe Issuer.
                  ----------------------------------------

         The Purchase Agreement by and between the Reporting Person and Futureco
Environmental,  Inc. ("Futureco") dated May 9, 2000 terminated on June 30, 2000.
Reference is made to the Schedule 13D, Amendment No.4 filed by Futureco with the
Securities and Exchange Commission on July 12, 2000.


           [The remainder of this page was intentionally left blank.]



<PAGE>
---------------------------------                       ------------------------
CUSIP No. 362386-10-4                      13D          Page 5 of 5 Pages
---------------------------------                       ------------------------


                                   SIGNATURES

                  After reasonable  inquiry and to the best of his knowledge and
belief,  the  undersigned  certifies  that  the  information  set  forth in this
statement is true, complete and correct.


Dated:   September 18, 2000                  ACQUISITOR PLC


                                             By:  /s/ Duncan Soukup
                                                -------------------------------
                                             Name: Duncan Soukup
                                             Title: Managing Director






© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission