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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
AMENDED AND RESTATED
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)*
CANMAX, INC.
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(Name of Issuer)
Common Stock, without par value
(Title of Class of Securities)
46026C 10 6
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(CUSIP Number)
D. Gilbert Friedlander, 5400 Legacy Drive, H3-3A-05, Plano, Texas 75024
(214) 605-5489
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
June 7, 1996
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(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 filing 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).
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).
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SCHEDULE 13D
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CUSIP NO. 46026C 10 6 PAGE 2 OF 6 PAGES
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ELECTRONIC DATA SYSTEMS CORPORATION FEIN 75-2548221
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_]
(b) [_]
N/A
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [_]
N/A
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6 CITIZENSHIP OR PLACE OR ORGANIZATION
DELAWARE
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7 SOLE VOTING POWER
265,228
NUMBER OF -----------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY N/A
EACH -----------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH 265,228
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10 SHARED DISPOSITIVE POWER
N/A
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
265,228
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
N/A
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.4%
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14 TYPE OF REPORTING PERSON*
CO
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*SEE INSTRUCTION BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
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CUSIP NO. 46026C 10 6 PAGE 3 OF 6 PAGES
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ITEM 1. SECURITY AND ISSUER
Common Stock, without par value, of Canmax, Inc., as Issuer, 150 West
Carpenter Freeway, Suite 100, Irving, Texas 75039
ITEM 2. IDENTITY AND BACKGROUND
(a) The reporting person is Electronic Data Systems Corporation
("EDS"), a Delaware corporation
(b) The business address for EDS is 5400 Legacy Drive, Plano, Texas
75024.
(c) The principal business of EDS is the application of information
technology services, including systems development, systems
integration, systems management, process management and
consulting.
(d) No, with respect to all executive officers and directors of EDS
(e) No, with respect to all executive officers and directors of EDS
(f) All executives and officers are United States citizens except
Hartmut Burger, who is a German citizen and a resident alien of
the United States.
The executive officers and directors of EDS are:
NAME & BUSINESS ADDRESS OCCUPATION
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Lester M. Alberthal, Jr. Chairman of the Board and
5400 Legacy Drive Chief Executive Officer of EDS
Plano, Texas 75024
James A. Baker, III Senior Partner
One Shell Plaza Baker & Botts, L.L.P.
910 Louisiana
Houston, Texas 77002
Hartmut Burger Executive Vice President of EDS
5400 Legacy Drive
Plano, Texas 75024
John R. Castle, Jr. Executive Vice President of EDS
5400 Legacy Drive
Plano, Texas 75024
Richard Cheney Chairman, President and CEO of
3600 Lincoln Plaza Halliburton Company
500 N. Akard St.
Dallas, Texas 75201
Paul J. Chiapparone Executive Vice President of EDS
5400 Legacy Drive
Plano, Texas 75024
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CUSIP NO. 46026C 10 6 PAGE 4 OF 6 PAGES
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NAME & BUSINESS ADDRESS OCCUPATION
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Gary Fernandes Vice Chairman of EDS
5400 Legacy Drive
Plano, Texas 75024
Joseph M. Grant Executive Vice President
5400 Legacy Drive and Chief Financial Officer of EDS
Plano, Texas 75024
Ray J. Groves part-time Chairman of Legg Mason
787 Seventh Avenue Merchant Banking, Inc.
26th Floor
New York, New York 10019
Jeffrey M. Heller President, Chief Operating Officer
5400 Legacy Drive of EDS
Plano, Texas 75024
Ray L. Hunt Chairman, CEO, President and Director
Fountain Place of RRH Corporation and Hunt
1445 Ross @ Field Consolidated, Inc.
Dallas, Texas 75202-2785
Robert C. Kidder Chairman and CEO
180 East Broad Street Borden, Inc.
Columbus, Ohio 43215
Dean Linderman Executive Vice President of EDS
5400 Legacy Drive
Plano, Texas 75024
G. Stuart Reeves Executive Vice President of EDS
5400 Legacy Drive
Plano, Texas 75024
Judith Rodin President, University of Pennsylvania
University of Pennsylvania
Office of the President
121 College Hall
Philadelphia, PA.
19104-6380
Enrique J. Sosa Executive Vice President of
200 E. Randolph Drive Amoco Corporation
MC 3000
Chicago, IL. 60601
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CUSIP NO. 46026C 10 6 PAGE 5 OF 6 PAGES
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ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
EDS acquired the subject securities in exchange for a receivable to
EDS in the amount of $1.1 Million.
ITEM 4. PURPOSE OF TRANSACTION
The shares in the Company ("Scheduled Shares") were acquired by EDS as
an investment for EDS's own account, not as nominee or agent, and not
with a view to, or for resale in connection with, any distribution of
such shares. 1,145,833 of the Scheduled Shares were acquired on
November 15, 1994 by EDS and an additional 180,307 shares were
acquired pursuant to a contractual obligation of the issuer, with such
number being determined with respect to certain development costs
incurred as of December 31, 1994. The Scheduled Shares were subject to
a one for five reverse stock split on December 21, 1995, resulting in
EDS owning 265,228 shares. EDS periodically evaluates the securities
in its investment portfolio in light of market conditions and other
factors it deems relevant. From time to time EDS may sell Scheduled
Shares (or any other shares acquired as a result of the option and the
contractual obligation described below or otherwise) in one or more of
the following types of transactions: (a) sales pursuant to Rule 144
under the Securities Act, (b) sales pursuant to a registered public
offering, (c) sales to the Company or to any person or group in a
private placement of securities.
(a) EDS holds an option (filed as an Exhibit A to the original
Schedule 13D filed by EDS with the SEC on November 25, 1994) to
acquire up to 25% of the common stock of the issuer, determined
as of the last exercise of such option, at a price per share
equal to the lower of (i) 75% of an average closing price over a
60-day period ending on a date selected by EDS not more than 10
trading days prior to the exercise of the option (or if not so
traded, at another valuation based on bid and asking process on
an over-the-counter market or, in the absence of either of such
trading, as determined by the board of directors of the issuer),
(ii) the average closing price (or, if not traded, the mean of
the bid and asked prices) in the 60-day period described in (i)
above.
(b) Not applicable
(c) Not applicable
(d) Not applicable
(e) Not applicable
(f) Not applicable
(g) Not applicable
(h) Not applicable
(i) Not applicable
(j) Not applicable
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CUSIP NO. 46026C 10 6 PAGE 6 OF 6 PAGES
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ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) 265,228 shares of Common Stock representing 5.4% of the
Common Stock of the Issuer.
(b) EDS will have the sole power to vote 265,228 shares of Common
Stock of the Issuer
(c) None
(d) Not applicable
(e) Not applicable
ITEM 6. CONTRACTS, ARRANGEMENT, UNDERSTANDING OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
None
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
Exhibit A. Amended and Restated Stock Option Agreement and
---------- Registration Rights Agreement, dated November 15, 1994
between Issuer and EDS. (Incorporated by Reference to the
Schedule 13D originally filed by EDS with the SEC on
November 25, 1994).
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.
June 10, 1996
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Date
/s/ D. Gilbert Friedlander
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Signature
D. Gilbert Friedlander,
Senior Vice President of
Electronic Data Systems Corporation
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Name/Title
