<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 4)
Austin's International, Inc.
--------------------------------------------------
(Name of Issuer)
Common Stock
----------------------------------
(Title of Class of Securities)
052481 10 8
------------------------------
(CUSIP Number)
J. Thomas Cookson
Holland & Knight
701 Brickell Avenue
Miami, Florida 33131
(305) 789-7779
----------------------------------------
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
May 10, 1996
---------------------
(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 [ ] .
Check the following box if a fee is being paid with this statement[ ]. (A fee
is not required only if the reporting person: (1) has a previous statement on
file reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of less than five percent of such class.
See Rule 13d-7.)
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.
*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 the
disclosures provided in a prior cover page.
The information required in 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 1 of 11 Pages
<PAGE> 2
<TABLE>
<CAPTION>
- ------------------------------------------------ ---------------------------------------------
CUSIP NO. 052481 10 8 Page 2 of 11
------ ------
- ------------------------------------------------ ---------------------------------------------
=========================================================================================================================
<S> <C>
Names of Reporting Person Good Hope Developments SA
1 SS or ISA Identification Nos. of Above Person
- -------------------------------------------------------------------------------------------------------------------------
Check the Appropriate Box if a Member of a Group*
2 (a) [ ]
(b) [ ]
- -------------------------------------------------------------------------------------------------------------------------
SEC use only
3
- -------------------------------------------------------------------------------------------------------------------------
Source of Funds*
4
WC
- -------------------------------------------------------------------------------------------------------------------------
Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
5 [ ]
- -------------------------------------------------------------------------------------------------------------------------
Citizenship or Place of Organization
6
Panama
- -------------------------------------------------------------------------------------------------------------------------
Sole voting power
7
----
-------------------------------------------------------------------------------------------------
Number of shares Shared voting power
beneficially
owned by each 8
reporting person 982,740
with -------------------------------------------------------------------------------------------------
Sole dispositive power
9
----
- -------------------------------------------------------------------------------------------------------------------------
Shared dispositive power
10 982,740
- -------------------------------------------------------------------------------------------------------------------------
Aggregate Amount Beneficially Owned by Each Reporting Person
11 982,740
- -------------------------------------------------------------------------------------------------------------------------
Check if the Aggregate Amount in Row (11) Excludes Certain Shares*
12 [ ]
- -------------------------------------------------------------------------------------------------------------------------
Percent of Class Represented by Amount in Row (11)
13
9.8%
- -------------------------------------------------------------------------------------------------------------------------
Type of Reporting Person*
14
CO
=========================================================================================================================
</TABLE>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 3
<TABLE>
<CAPTION>
- ------------------------------------------------ ---------------------------------------------
CUSIP NO. 052481 10 8 Page 3 of 11
------ ------
- ------------------------------------------------ ---------------------------------------------
=========================================================================================================================
<S> <C>
Names of Reporting Person Alkiviadis-Gregorios Logothetis
1 SS or ISA Identification Nos. of Above Person
- -------------------------------------------------------------------------------------------------------------------------
Check the Appropriate Box if a Member of a Group*
2 (a) [ ]
(b) [ ]
- -------------------------------------------------------------------------------------------------------------------------
SEC use only
3
- -------------------------------------------------------------------------------------------------------------------------
Source of Funds*
4
OO
- -------------------------------------------------------------------------------------------------------------------------
Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
5 [ ]
- -------------------------------------------------------------------------------------------------------------------------
Citizenship or Place of Organization
6
Greece
- -------------------------------------------------------------------------------------------------------------------------
Sole voting power
7
----
-------------------------------------------------------------------------------------------------
Number of shares Shared voting power
beneficially
owned by each 8
reporting person 982,740
with -------------------------------------------------------------------------------------------------
Sole dispositive power
9
----
-------------------------------------------------------------------------------------------------
Shared dispositive power
10 982,740
- -------------------------------------------------------------------------------------------------------------------------
Aggregate Amount Beneficially Owned by Each Reporting Person
11 982,740
- -------------------------------------------------------------------------------------------------------------------------
Check if the Aggregate Amount in Row (11) Excludes Certain Shares*
12 [ ]
- -------------------------------------------------------------------------------------------------------------------------
Percent of Class Represented by Amount in Row (11)
13
9.8%
- -------------------------------------------------------------------------------------------------------------------------
Type of Reporting Person*
14
IN
=========================================================================================================================
</TABLE>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 4
<TABLE>
<CAPTION>
- ------------------------------------------------ ---------------------------------------------
CUSIP NO. 052481 10 8 Page 4 of 11
------ ------
- ------------------------------------------------ ---------------------------------------------
=========================================================================================================================
<S> <C>
Names of Reporting Person Miyako Management Pacific Corp.
1 SS or ISA Identification Nos. of Above Person
- -------------------------------------------------------------------------------------------------------------------------
Check the Appropriate Box if a Member of a Group*
2 (a) [ ]
(b) [ ]
- -------------------------------------------------------------------------------------------------------------------------
SEC use only
3
- -------------------------------------------------------------------------------------------------------------------------
Source of Funds*
4
WC
- -------------------------------------------------------------------------------------------------------------------------
Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
5 [ ]
- -------------------------------------------------------------------------------------------------------------------------
Citizenship or Place of Organization
6
Panama
- -------------------------------------------------------------------------------------------------------------------------
Sole voting power
7
----
-------------------------------------------------------------------------------------------------
Number of shares Shared voting power
beneficially
owned by each 8
reporting person 2,758,124
with -------------------------------------------------------------------------------------------------
Sole dispositive power
9
----
-------------------------------------------------------------------------------------------------
Shared dispositive power
10 2,758,124
- -------------------------------------------------------------------------------------------------------------------------
Aggregate Amount Beneficially Owned by Each Reporting Person
11 2,758,124
- -------------------------------------------------------------------------------------------------------------------------
Check if the Aggregate Amount in Row (11) Excludes Certain Shares*
12 [ ]
- -------------------------------------------------------------------------------------------------------------------------
Percent of Class Represented by Amount in Row (11)
13
27.8%
- -------------------------------------------------------------------------------------------------------------------------
Type of Reporting Person*
14
CO
=========================================================================================================================
</TABLE>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 5
<TABLE>
<CAPTION>
- ------------------------------------------------ ---------------------------------------------
CUSIP NO. 052481 10 8 Page 5 of 11
------ ------
- ------------------------------------------------ ---------------------------------------------
=========================================================================================================================
<S> <C>
Names of Reporting Person John B. Goulandris
1 SS or ISA Identification Nos. of Above Person
- -------------------------------------------------------------------------------------------------------------------------
Check the Appropriate Box if a Member of a Group*
2 (a) [ ]
(b) [ ]
- -------------------------------------------------------------------------------------------------------------------------
SEC use only
3
- -------------------------------------------------------------------------------------------------------------------------
Source of Funds*
4
OO
- -------------------------------------------------------------------------------------------------------------------------
Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
5 [ ]
- -------------------------------------------------------------------------------------------------------------------------
Citizenship or Place of Organization
6
Greece
- -------------------------------------------------------------------------------------------------------------------------
Sole voting power
7
----
-------------------------------------------------------------------------------------------------
Number of shares Shared voting power
beneficially
owned by each 8
reporting person 2,758,124
with -------------------------------------------------------------------------------------------------
Sole dispositive power
9
----
-------------------------------------------------------------------------------------------------
Shared dispositive power
10 2,758,124
- -------------------------------------------------------------------------------------------------------------------------
Aggregate Amount Beneficially Owned by Each Reporting Person
11 2,758,124
- -------------------------------------------------------------------------------------------------------------------------
Check if the Aggregate Amount in Row (11) Excludes Certain Shares*
12 [ ]
- -------------------------------------------------------------------------------------------------------------------------
Percent of Class Represented by Amount in Row (11)
13
27.8%
- -------------------------------------------------------------------------------------------------------------------------
Type of Reporting Person*
14
IN
=========================================================================================================================
</TABLE>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 6
<TABLE>
<CAPTION>
- ------------------------------------------------ ---------------------------------------------
CUSIP NO. 052481 10 8 Page 6 of 11
------ ------
- ------------------------------------------------ ---------------------------------------------
=========================================================================================================================
<S> <C>
Names of Reporting Person Voleon Shipping Corporation
1 SS or ISA Identification Nos. of Above Person
- -------------------------------------------------------------------------------------------------------------------------
Check the Appropriate Box if a Member of a Group*
2 (a) [ ]
(b) [ ]
- -------------------------------------------------------------------------------------------------------------------------
SEC use only
3
- -------------------------------------------------------------------------------------------------------------------------
Source of Funds*
4
WC
- -------------------------------------------------------------------------------------------------------------------------
Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
5 [ ]
- -------------------------------------------------------------------------------------------------------------------------
Citizenship or Place of Organization
6
Liberia
- -------------------------------------------------------------------------------------------------------------------------
Sole voting power
7
----
-------------------------------------------------------------------------------------------------
Number of shares Shared voting power
beneficially
owned by each 8
reporting person 2,654,574
with -------------------------------------------------------------------------------------------------
Sole dispositive power
9
----
-------------------------------------------------------------------------------------------------
Shared dispositive power
10 2,654,574
- -------------------------------------------------------------------------------------------------------------------------
Aggregate Amount Beneficially Owned by Each Reporting Person
11 2,654,574
- -------------------------------------------------------------------------------------------------------------------------
Check if the Aggregate Amount in Row (11) Excludes Certain Shares*
12 [ ]
- -------------------------------------------------------------------------------------------------------------------------
Percent of Class Represented by Amount in Row (11)
13
26.5%
- -------------------------------------------------------------------------------------------------------------------------
Type of Reporting Person*
14
CO
=========================================================================================================================
</TABLE>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 7
<TABLE>
<CAPTION>
- ------------------------------------------------ ---------------------------------------------
CUSIP NO. 052481 10 8 Page 7 of 11
------ ------
- ------------------------------------------------ ---------------------------------------------
=========================================================================================================================
<S> <C>
Names of Reporting Person Thrassivoulos Voyazides
1 SS or ISA Identification Nos. of Above Person
- -------------------------------------------------------------------------------------------------------------------------
Check the Appropriate Box if a Member of a Group*
2 (a) [ ]
(b) [ ]
- -------------------------------------------------------------------------------------------------------------------------
SEC use only
3
- -------------------------------------------------------------------------------------------------------------------------
Source of Funds*
4
OO
- -------------------------------------------------------------------------------------------------------------------------
Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
5 [ ]
- -------------------------------------------------------------------------------------------------------------------------
Citizenship or Place of Organization
6
Greece
- -------------------------------------------------------------------------------------------------------------------------
Sole voting power
7
----
-------------------------------------------------------------------------------------------------
Number of shares Shared voting power
beneficially
owned by each 8
reporting person 2,654,574
with -------------------------------------------------------------------------------------------------
Sole dispositive power
9
----
-------------------------------------------------------------------------------------------------
Shared dispositive power
10 2,654,574
- -------------------------------------------------------------------------------------------------------------------------
Aggregate Amount Beneficially Owned by Each Reporting Person
11 2,654,574
- -------------------------------------------------------------------------------------------------------------------------
Check if the Aggregate Amount in Row (11) Excludes Certain Shares*
12 [ ]
- -------------------------------------------------------------------------------------------------------------------------
Percent of Class Represented by Amount in Row (11)
13
26.5%
- -------------------------------------------------------------------------------------------------------------------------
Type of Reporting Person*
14
IN
=========================================================================================================================
</TABLE>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 8
The amended joint statement on Schedule 13D of Good Hope Developments
SA, Alkiviadis-Gregorios Logothetis, Miyako Management Pacific Corp., John B.
Goulandris, Voleon Shipping Corporation and Thrassivoulos Voyazides is hereby
amended as follows:
Item 1. Security and Issuer.
Item 1 is amended by the addition thereto of the following:
As of May 10, 1996, the Company had 10,003,550 shares of Common Stock
issued and outstanding.
Item 5. Interest in Securities of the Issuer.
Item 5, paragraph (a) is amended by the deletion thereof in its
entirety and the substitution therefor of the following:
(a) The Reporting Persons beneficially own the following amounts
of Common Stock:
(i) Good Hope has direct beneficial ownership of 982,740
shares of Common Stock, representing approximately 9.8% of the Common Stock.
Mr. Logothetis has indirect beneficial ownership of such 982,740 shares of
Common Stock as a result of his ownership of all the outstanding stock of Good
Hope.
(ii) Miyako has direct beneficial ownership of 2,758,124
shares of Common Stock, representing approximately 27.8% of the Common Stock.
Mr. Goulandris has indirect beneficial ownership of such 2,758,124 shares of
Common Stock as a result of his ownership of all the outstanding stock of
Miyako.
(iii) Voleon has direct beneficial ownership of 2,654,574
shares of Common Stock, representing approximately 26.5% of the Common Stock.
Mr. Th. Voyazides has indirect beneficial ownership of such 2,654,574 shares of
Common Stock as a result of his ownership of all the outstanding stock of
Voleon.
Page 8 of 11 Pages
<PAGE> 9
Pursuant to Rule 13d-5(b)(1) of the Exchange Act, the group that may
be formed by the Reporting Persons may be deemed to be the beneficial owner of
all of the 6,395,438 shares of Common Stock beneficially owned by all of the
Reporting Persons, which represents approximately 63.9% of the Common Stock.
Except as expressly stated herein, each Reporting Person disclaims beneficial
ownership of the Common Stock beneficially owned by the other Reporting
Persons.
Item 5, paragraph (c) is amended by the addition thereto of the
following:
(i) Good Hope
<TABLE>
<CAPTION>
Purchase or Number of Price/
Date Sale Shares Share How Effected
---- ---- ------ ----- ------------
<S> <C> <C> <C> <C>
5/10/96 Conversion 350,000 -- Conversion of $175,000 principal amount of
New 8% Notes
5/10/96 Conversion 100,000 -- Conversion of $50,000 principal amount of
New 8% Notes
</TABLE>
(ii) Miyako
<TABLE>
<CAPTION>
Purchase or Number of Price/
Date Sale Shares Share How Effected
---- ---- ------ ----- ------------
<S> <C> <C> <C> <C>
5/10/96 Conversion 750,000 -- Conversion of $375,000 principal amount of
New 8% Notes
5/10/96 Conversion 600,000 -- Conversion of $300,000 principal amount of
New 8% Notes
</TABLE>
(iii) Voleon
<TABLE>
<CAPTION>
Purchase or Number of Price/
Date Sale Shares Share How Effected
---- ---- ------ ----- ------------
<S> <C> <C> <C> <C>
5/10/96 Conversion 800,000 -- Conversion of $400,000 principal amount of
New 8% Notes
5/10/96 Conversion 300,000 -- Conversion of $150,000 principal amount of
New 8% Notes
</TABLE>
Page 9 of 11 Pages
<PAGE> 10
Each of Good Hope, Miyako and Voleon has invested in securities
convertible or exercisable into Common Stock. In each case, the investments
were part of private placements by the Company.
(i) Good Hope
Paragraph (i) is amended by the addition thereto of the following:
On May 10, 1996, Good Hope converted $175,000 principal amount of New
8% Notes into 350,000 shares of Common Stock. Also on May 10, 1996, Good Hope
purchased an additional $50,000 principal amount of New 8% Notes which it
immediately converted into 100,000 shares of Common Stock.
(ii) Miyako
Paragraph (ii) is amended by the addition thereto of the following:
On May 10, 1996, Miyako converted $375,000 principal amount of New 8%
Notes into 750,000 shares of Common Stock. Also on May 10, 1996, Miyako
purchased an additional $300,000 principal amount of New 8% Notes which it
immediately converted into 600,000 shares of Common Stock.
(iii) Voleon
Paragraph (iii) is amended by the addition thereto of the following:
On May 10, 1996, Voleon converted $400,000 principal amount of New 8%
Notes into 800,000 shares of Common Stock. Also on May 10, 1996, Voleon
purchased an additional $150,000 principal amount of New 8% Notes which it
immediately converted into 300,000 shares of Common Stock.
Page 10 of 11 Pages
<PAGE> 11
SIGNATURE
After reasonable inquiry and to the best knowledge and belief of each
of the undersigned, each of the undersigned certifies that the information set
forth in this statement is true, complete and correct.
Dated June 3, 1996
GOOD HOPE DEVELOPMENTS SA
By: /s/ Spyros H. Buhayer
-------------------------------------
Name: Spyros H. Buhayer
Title: Secretary/Treasurer and Director
MIYAKO MANAGEMENT PACIFIC CORP.
By: /s/ Spyros H. Buhayer
-------------------------------------
Name: Spyros H. Buhayer
Title: Secretary/Treasurer and Director
VOLEON SHIPPING CORPORATION
By: /s/ G. Calochristos
-----------------------------------------
Name: G. Calochristos
Title: Secretary/Treasurer and Director
/s/ Alkiviadis-Gregorios Logothetis
-------------------------------------------------
Alkiviadis-Gregorios Logothetis
/s/ John B. Goulandris
-------------------------------------------------
John B. Goulandris
/s/ Thrassivoulos Voyazides
-------------------------------------------------
Thrassivoulos Voyazides
Page 11 of 11 Pages
