SCHEDULE 13D
(Rule 13d-101)
Information to be Included in Statements Filed Pursuant to Rule 13d-1(a) and
Amendments Thereto Filed Pursuant to Rule 13d-2(a)
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
Under the Securities Exchange Act of 1934
(Amendment No. 7)*
RSI Holdings, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
749723 10 2
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(CUSIP Number)
Minor H. Mickel, Post Office Box 6721, Greenville, SC 29606 (864) 271-7171
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(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
December 20, 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 that is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box
____.
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7 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).
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<TABLE>
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SCHEDULE 13D
<S> <C>
CUSIP No. 749723 10 2 Page 2 of 5 Pages
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY)
Minor H. Mickel
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ____
(See Instructions) (b) ____
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
OO See response to Item 3
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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 OF ORGANIZATION
US
---------------------------- ------- -----------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 16,032,492
OWNED BY
EACH
REPORTING
PERSON
WITH
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8 SHARED VOTING POWER
0
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9 SOLE DISPOSITIVE POWER
16,032,492
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10 SHARED DISPOSITIVE POWER
0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
16,032,492
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
(See Instructions) ____
--------- --------------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
68.3%
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14 TYPE OF REPORTING PERSON*
IN
--------- --------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
ITEM 1. SECURITY AND ISSUER
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a. Title and class of equity securities:
-------------------------------------
Common Stock
b. Name and address of principal executive offices of Issuer:
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RSI Holdings, Inc.
28 East Court Street
Greenville, SC 29601
ITEM 2. IDENTITY AND BACKGROUND
--------------------------------
a. Name of filing person:
Minor H. Mickel
b. Residence Address:
415 Crescent Avenue
Greenville, SC 29605
c. Principal occupation:
Private Investor
d. During the last five years, Mrs. Mickel has not been convicted
in a criminal proceeding (excluding traffic violations or similar misdemeanors).
e. During the last five years, Mrs. Mickel has not been a party to a
civil proceeding of a judicial or administrative body of competent jurisdiction
resulting in a final judgment, final decree or final order enjoining future
violations of, or prohibiting or mandating activities subject to, federal or
state securities laws or finding any violation with respect to such laws.
f. Citizenship:
United States of America
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
----------------------------------------------------------
6,666,666 of the shares of Common Stock which may be deemed to be
beneficially owned by the Reporting Person are shares which could be issued to
her upon the conversion of an 8.0% Convertible Note Due 2005 in the original
principal amount of $500,000 at a conversion price of $.075 per share. 3,333,333
of the shares of Common Stock which may be deemed to be beneficially owned by
the Reporting Person are shares which could be issued to her upon the conversion
of an 8.0% Convertible Note Due 2005 in the original principal amount of
$250,000 at a conversion price of $.075 per share.
<PAGE>
ITEM 4. PURPOSE OF TRANSACTION
-------------------------------
At this time, Mrs. Mickel holds her Shares primarily for investment and
has no plan or proposal which would result in:
a. The acquisition by any person of additional securities of the Issuer,
or the disposition of securities of the Issuer;
b. An extraordinary corporate transaction, such as a merger,
reorganization or liquidation, involving the Issuer or any of its
subsidiaries;
c. A sale or transfer of a material amount of assets of the Issuer or any
of its subsidiaries;
d. Any change in the present board of directors or management of the
Issuer, including any plans or proposals to change the number or term
of directors or to fill any existing vacancies on the board;
e. Any material change in the present capitalization or dividend policy
of the Issuer;
f. Any other material change in the Issuer's business or corporate
structure;
g. Changes in the Issuer's charter, bylaws or instruments corresponding
thereto or other actions which may impede the acquisition of control
of the Issuer by any person;
h. Causing a class of securities of the Issuer to be delisted from a
national securities exchange or to cease to be authorized to be quoted
in an inter-dealer quotation system of a registered national
securities association;
i. A class of equity securities of the Issuer becoming eligible for
termination of registration pursuant to Section 12(g)(4) of the Act;
or
j. Any action similar to any of these enumerated above.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
---------------------------------------------
a. Aggregate number and percentage of class of securities beneficially
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owned by the filing person:
---------------------------
Number of Shares Percentage
16,032,492 68.3%
b. Number of Shares as to which there is:
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(i) Sole power to vote or to direct the vote:
-----------------------------------------
16,032,492
(ii) Shared power to vote or to direct the vote:
-------------------------------------------
0
(iii) Sole power to dispose or direct the disposition:
------------------------------------------------
16,032,492
(iv) Shared power to dispose or direct the disposition:
--------------------------------------------------
0
(v) Parties with whom stock powers are shared:
------------------------------------------
None
e. Statement regarding the date on which the reporting person ceased to be
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the beneficial owner of more than five percent of the class of securities:
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Not applicable.
ITEM 6.
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Contracts, Arrangements, Understandings, or Relationships with Respect to
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Securities of Issuer:
--------------------
None
ITEM 7.
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Material to be Filed as Exhibits:
---------------------------------
None
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: December 29, 2000
/s/ Minor H. Mickel
----------------------------------
Minor H. Mickel
