<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
Amendment No. 13
PRECISION SYSTEMS, INC.
-----------------------
(Name of Issuer)
Common Stock ($.01 par value)
-----------------------------
(Title of Class of Securities)
740329-10-7
-----------
(CUSIP Number)
Thomas J. Egan, Jr., Esq.
Baker & McKenzie
815 Connecticut Avenue, N.W.
Washington, D.C. 20006-4078
(202) 452-7000
--------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
March 16, 1999
----------------
(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 the 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 five percent or less of
such class.) (See Rule 13d-7.)
Page 1 of 7 Pages
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CUSIP No. 740329-10-7
- --------------------------------------------------------------------
(1) Name of Reporting Persons
S.S. or I.R.S. Identification No. of Above Persons
RMS Limited
Partnership Crystal Diamond, Inc. Roy M. Speer
88-0224372 88-0223159 ###-##-####
- --------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) [x]
of a Group (See Instructions) (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)
N/A
- --------------------------------------------------------------------
(6) Citizenship or Place of Organization
RMS Limited Partnership -- Nevada limited partnership
Crystal Diamond, Inc. -- Nevada corporation
Roy M. Speer -- individual citizen of the United States
- --------------------------------------------------------------------
Number of Shares (7) Sole Voting Power
Beneficially Owned 0
by Each Reporting -------------------------------------
Person With (8) Shared Voting Power
0
-------------------------------------
(9) Sole Dispositive Power
0
-------------------------------------
(10) Shared Dispositive Power
0
- --------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
RMS Limited Partnership -- 0 shares
Crystal Diamond, Inc. -- 0 shares
Roy M. Speer -- 0 shares
- --------------------------------------------------------------------
(12) Check Box if the Aggregate Amount in Row (11) [ ]
Excludes Certain Shares
- --------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
RMS Limited Partnership -- 0%
Crystal Diamond, Inc. -- 0%
Roy M. Speer -- 0%
- --------------------------------------------------------------------
(14) Type of Reporting Person
RMS Limited Partnership -- PN
Crystal Diamond, Inc. -- CO
Roy M. Speer -- IN
Page 2 of 7 Pages
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Securities and Exchange Commission
Washington, D.C.
Schedule 13D
- ----------------------------------
RMS Limited Partnership, a Nevada limited partnership ("RMS"), Crystal
Diamond, Inc., a Nevada corporation, and Roy M. Speer hereby amend their
Schedule 13D as filed on July 31, 1992 and as amended by that Amendment No. 1
to the Schedule 13D dated December 17, 1993, by that Amendment No. 2 to the
Schedule 13D dated January 5, 1995, by that Amendment No. 3 to the Schedule 13D
dated April 5, 1995, by that Amendment No. 4 to the Schedule 13D dated June 10,
1996 and by that Amendment No. 5 to the Schedule 13D dated June 27, 1996 and by
that Amendment No. 6 to the Schedule 13D dated April 7, 1997 and by that
Amendment No. 7 to the Schedule 13D dated September 30, 1997 and by that
Amendment No. 8 to the Schedule 13D dated March 4, 1998 and by that Amendment
No. 9 to the Schedule 13D dated April 22, 1998 and by that Amendment No. 10 to
the Schedule 13D dated August 31, 1998 and by that Amendment No. 11 to the
Schedule 13D dated October 27, 1998 and by that Amendment No. 12 to the
Schedule 13D dated February 16, 1999 (as amended the "Schedule 13D"), with
respect to the Common Stock, par value $.01 per share (the "Common Stock"), of
Precision Systems, Inc., a Delaware corporation.
ITEM 4. PURPOSE OF TRANSACTION
Item 4(a) of the Schedule 13D is amended by adding the following to the
disclosure contained therein:
Page 3 of 7 Pages
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On March 16, 1999, Speer, RMS and Anschutz consummated the
transactions contemplated by the Asset Purchase Agreement. The PSI Interests
were treated as Assets under the Asset Purchase Agreement and were transferred
to Anschutz at the closing. As a result of the transfer of the PSI Interests,
RMS, Crystal Diamond, Inc., and Roy M. Speer no longer have any beneficial
interest in PSI.
Page 4 of 7 Pages
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ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
Item 5 of the Schedule 13D is amended by adding the following to the
disclosure contained therein:
On March 16, 1999, Speer, RMS and Anschutz consummated the
transactions contemplated by the Asset Purchase Agreement. The PSI Interests
were treated as Assets under the Asset Purchase Agreement and were transferred
to Anschutz at the closing. As a result of the transfer of the PSI Interests,
RMS, Crystal Diamond, Inc., and Roy M. Speer no longer have any beneficial
interest in PSI.
Page 6 of 7 Pages
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SIGNATURES
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.
March 17, 1999
/s/ Roy M. Speer
---------------------------
Roy M. Speer
RMS LIMITED PARTNERSHIP,
a Nevada limited partnership
/s/ C. Thomas Burton, Jr.
---------------------------
C. Thomas Burton, Jr.
President
of Crystal Diamond, Inc.,
General Partner of
RMS Limited Partnership
CRYSTAL DIAMOND, INC.,
a Nevada corporation
/s/ C. Thomas Burton, Jr.
---------------------------
C. Thomas Burton, Jr.
President
Page 7 of 7 Pages
