PERMA FIX ENVIRONMENTAL SERVICES INC
424B3, 1997-09-26
HAZARDOUS WASTE MANAGEMENT
Previous: GREENWICH AIR SERVICES INC, 15-12G, 1997-09-26
Next: GF BANCSHARES INC, 10KSB, 1997-09-26



                                                Filed Pursuant to 424(b)(3)
                                                 Registration No. 333-14513



                  PERMA-FIX ENVIRONMENTAL SERVICES, INC.

          Second Supplement to Prospectus dated November 13, 1996
                ___________________________________________

     As originally provided in the Prospectus, the Company issued
to Search Group Capital, Inc. ("Search"), three warrants dated
September 16, 1996.  The first warrant was to purchase up to 75,000
shares of Common Stock at a purchase price of $1.06 per share
("Search Warrant One").  The second warrant was to purchase up to
50,000 shares of Common Stock at a purchase price of $1.50 per
share ("Search Warrant Two"). The third warrant was to purchase up
to 50,000 shares of Common Stock at a purchase price of $1.06 per
share ("Search Warrant Three").  Search Warrant One, Search Warrant
Two and Search Warrant Three (collectively, the "Search Warrants")
were issued as partial payment for consulting services rendered by
Search to the Company and the 175,000 shares of Common Stock to be
issued upon the exercise of the Search Warrants are covered by the
Prospectus, described under "Summary of Securities Being Offered"
in the Prospectus and are referred to in other portions of the
Prospectus.

     Effective July 24, 1997, Search assigned all of the Search
Warrants by assigning various portions of such to various persons
(the "Search Warrant Assignees").  The Search Warrant One was
assigned in its entirety to R. Keith Fetter.  The Search Warrant
Two was assigned to enable Sedef Dion, Jane M. Lamas and R. Keith
Fetter to purchase 6,000, 10,000, and 34,000 shares thereunder,
respectively.  The Search Warrant Three was assigned to enable
Sedef Dion and Jane M. Lamas to purchase 30,000 and 20,000 shares
thereunder, respectively.  

     As originally provided in the Prospectus, the Company issued
to JW Charles Financial Services, Inc., ("Charles") a warrant dated
September 16, 1996, ("Charles Warrant") to purchase up to 450,000
shares of Common Stock at the purchase price of $1.50 per share, as
partial payment for investment banking services rendered to the
Company in connection with a private placement, which 450,000
shares of Common Stock to be issued upon the exercise of the
Charles Warrant are covered by the Prospectus, described under
"Summary of Securities Being Offered" in the Prospectus and are
referred to in other portions of the Prospectus.  As described in
the Supplement to the Prospectus dated November 13, 1996, dated
June 27, 1997, Charles assigned all of the Charles Warrant by
assigning, effective June 13, 1997, various portions of such to JW
Charles Securities, Inc. (a wholly-owned subsidiary of Charles) and
to Paul T. Mannion ("Mannion"), H. David Cowherd, and Max Morgulis
("Morgulis").  Effective August 5, 1997, Mannion assigned his
entire portion of the Charles Warrant, in the amount of 155,000
shares, to Dionysus Limited ("Dionysus"), an Isle of Man
corporation.   Effective August 21, 1997, Morgulis transferred his
entire portion of the Charles Warrant, in the amount of 27,500
shares to Nelya Kizner ("Kizner"). 

     In conjunction with the above, the table below supplements and
amends, in part, the Selling Security Holders table set forth at
page 21 of the Prospectus by (i) adding as a Selling Shareholder
each Search Warrant Assignee who was not previously listed as a
Selling Stockholder, (ii) adjusting the offering information
applicable to Search, to account for the assignment by Search of
the Search Warrant, (iii) adding Dionysus as a Selling Shareholder,
(iv) adjusting the offering information applicable to Mannion to
account for his assignment of his portion of the Charles Warrant,
(v) adding Kizner as a Selling Shareholder, (vi) adjusting the
offering information applicable to Morgulis to account for his
assignment of his portion of the Charles Warrant.  The number of
shares of Common Stock covered by the Prospectus remains unchanged.
Except with respect to each Selling Stockholder listed below, and
except as supplemented and amended by the First Supplement to the
Prospectus dated November 13, 1996, dated June 27, 1997, the
Selling Security Holders table set forth at page 21 of the
Prospectus remains unchanged.

<TABLE>
<CAPTION>
                                                 Common     Percentage of
                                                 Stock      Common Stock
                      Common                 Beneficially   Beneficially
                       Stock                     Owned         Owned
                    Beneficially    Common       After         After
                       Owned        Stock     Completion     Completion
 Selling              Prior to      Being         of             of
Stockholder           Offering     Offered      Offering      Offering
________________     ___________  __________   ___________  ____________
<S>                  <C>          <C>          <C>          <C>
Dion, Sedef                   0      36,000            0          0
Dionysus Limited        105,000     155,000      105,000          *
Fetter, Keith R.         11,000     109,000       11,000          *
Kizner, Nelya                 0      27,500            0          0
Lamas, Jane M.            8,800      30,000        8,800          *
Mannion, Paul T.              0           0            0          0
Search Group 
  Capital, Inc.         175,000           0            0          0

_______________________

*   indicates less than 1%.
</TABLE>

September 26, 1997.





ISTE:\N-P\PESI\S-3\96PROS.S2


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