MICROPOINT INC
SC 13D, 1999-02-22
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                                  SCHEDULE 13D

                    Under the Securities Exchange Act of 1934

                            (Amendment No. _______)*

                                Micropoint, Inc.
                                (Name of Issuer)

                                  Common Stock
                         (Title of Class of Securities)

                      ------------------------------------
                                 (CUSIP Number)

                                  Douglas Odom
                    6906 South 300 West, Midvale, Utah 84047
                  (Name, Address and Telephone Number of Person
                Authorized to Receive Notices and Communications)

                                December 31, 1998
             (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:[X].
(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.)

         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.

                                CUSIP No. _______

- --------------------------------------------------------------------------------
(1)  Names of Reporting Persons. S.S.     John A. Sindt              ###-##-####
     or I.R.S. Identification Nos.        Jules A. DeGreef           ###-##-####
     of Above Persons                     Northridge Investment LLC   87-0534873
- --------------------------------------------------------------------------------
- ----------------------------------------------------- --------------------------
(2)  Check the Appropriate box if a Member            (a)               X
     of a Group (See Instructions)                    (b)
- ----------------------------------------------------- --------------------------
- --------------------------------------------------------------------------------
(3)  SEC Use Only
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
(4)  Source of Funds (See Instructions)                               00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
(5)  Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d)
     or 2(e)
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
(6)  Citizenship or Place of Organization               United States, Utah
- --------------------------------------------------------------------------------
Number of Shares     (7) Sole Voting       John A. Sindt 1,366,610,  
 Beneficially Owned        Power           Jules A. DeGreef 2,152,667, 
 By Each Reporting                         Northridge Investment LLC  1,647,750
 Person With         -----------------------------------------------------------
                     (8)  Shared Voting                                         
                           Power                                                
                     -----------------------------------------------------------
                     (9)  Sole  Disposi-  John A. Sindt  1,366,610,  
                           tive Power     Jules A. DeGreef 2,152,667,
                                          Northridge Investment LLC  1,647,750
                     -----------------------------------------------------------
                     (10) Shared Dis-                                           
                           positive Power 
- --------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned    John A. Sindt 1,366,610,            
      by each Reporting Person              Jules A. DeGreef 2,152,667,         
                                            Northridge Investment LLC  1,647,750
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row
      (11) Excludes Certain Shares (See In-                 X
      structions)
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
(13)  Percent of Class Represented John A. Sindt 5.67, Jules A. DeGreef 8.93, by
      Amount in Row (11) Northridge Investment LLC 6.84
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions)     IN,  IN   00
- --------------------------------------------------------------------------------

     *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 diclosures 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.)

                                  Page 1 of 8

<PAGE>

Item 1.           Security and Issuer.

                  This statement is related to the Common Stock,  of Micropoint,
Inc.,  a Delaware  corporation  ("Micropoint").  The  address  of the  principal
executive  offices of  Micropoint is 6906 South 300 West,  Salt Lake City,  Utah
84047.


Item 2.           Identity and Background.

                  (a) The persons filing this statement are John A. Sindt, Jules
A. DeGreef,  and Northridge  Investment  LLC, a Utah limited  liability  company
(hereinafter sometimes referred to collectively as the "Group").

                  (b) The  residence  address of John A.  Sindt is 4  Northridge
Way, Sandy, Utah 84092; the residence address of Jules A. DeGreef is 10861 South
Lostwood Drive,  Sandy,  Utah 84092;  and Northridge  Investment LLC maintains a
business address at 47 East 7200 South, Suite 221, Salt Lake City, Utah 84047.

                  (c) John A. Sindt is primarily engaged as a licensed constable
in Salt Lake  County,  Utah,  doing  business  in this  capacity at 47 East 7200
South,  Suite 221, Midvale,  Utah 84047. He is the Managing Member of Northridge
Investment LLC, and has an affiliate  relationship with Bull Ventures Ltd. Until
recently,  Mr. Sindt was involved in the management of Micropoint as a Director.
He  resigned  from that  position  and any  other  management  involvement  with
Micropoint as of April 9, 1998.

                      Jules A.  DeGreef  is  primarily  engaged  in real  estate
investments,  doing business in this capacity at 47 East 7200 South,  Suite 201,
Midvale,  Utah 84047 He has a beneficial interest in Northridge  Investment LLC,
and has an affiliate  relationship  with Bull Ventures Ltd. Until recently,  Mr.
DeGreef was involved in the management of Micropoint as an Executive Officer and
Director. He resigned these positions in January, 1998.

                      Through  their  affiliation  together,  Messrs.  Sindt and
DeGreef also own  beneficial  interests in certain  warrants to purchase  common
stock of Micropoint nominally held in the name of Mr. DeGreef.

                  (d) None of Messrs. Sindt or DeGreef, or Northridge Investment
LLC has been convicted in a criminal  proceeding  (excluding  traffic violations
and similar misdemeanors) during the last five years.

                  (e) None of Messrs. Sindt or DeGreef, or Northridge Investment
LLC has,  during the last five years,  been a party to a civil  proceeding  of a
judicial or  administrative  body of competent  jurisdiction  and as a result of
such  proceeding  been or is  subject  to a  judgment,  decree  or  final  order

                                  Page 2 of 8
<PAGE>

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) Messrs.  Sindt and DeGreef are both citizens of the United
States of America. Northridge Investment LLC is a U.S. company.


Item 3.           Source and Amount of Funds or Other Consideration.

                  On  April  9,  1998,   Micropoint   exchanged  shares  of  its
unregistered common stock for all of the issued and outstanding capital stock of
Flexpoint, Inc., a Utah corporation.  All of the Micropoint Common Stock legally
and beneficially owned by the members of the Group as shown in this Schedule 13D
were  acquired in exchange for shares and rights to acquire  shares of Flexpoint
on April 9, 1998. For ease and clarity of understanding and reporting, the Group
will  report  its  acquisitions   and  transfers  of  as  involving   Micropoint
securities,  although all  transactions  prior to April 9, 1998 were actually in
Flexpoint securities.  Similarly references to transactions "with Micropoint" or
"with  shareholders  of Micropoint"  actually took place with Flexpoint and with
shareholders of Flexpoint if occurring prior to April 9, 1998.

                  Mr. Sindt  acquired  shares of Micropoint  Common Stock in the
following transactions, at the following prices and at the following times:

                  Date     Number of Shares Price             Circumstances

                  7/95      15,860 Warrants N/A               Compensation
                  4/98     455,000 Warrants N/A               Contract with
                                                               Mr DeGreef

                  Mr. DeGreef acquired shares of Micropoint  Common Stock in the
following transactions, at the following prices and at the following times:

                  Date     Number of Shares     Price      Circumstances

                  1/95     461,292 shares       $0.001     Capital Contribution
                  1/95     260,000 options                 Compensation
                  1/98     910,000 warrants*               Compensation
                  4/96     260,000 options                 3rd party Settlement

                  *Half assigned to John Sindt

                                  Page 3 of 8
<PAGE>

                  Northridge Investment LLC acquired shares of Micropoint Common
Stock  in  the  following  transactions,  at  the  following  prices  and at the
following times:

                  Date     Number of Shares Price      Circumstances


                  1/95     132,167 shares              $0.4539  Capital Purchase
                  9/97     1,850,333 shares $0.1081    Capital Purchase


Item 4.           Purpose of Transaction.

                  Each of Messrs.  Sindt and DeGreef and  Northridge  Investment
LLC acquired the shares of  Micropoint  Common Stock (and the warrants and stock
options on Micropoint  Common Stock  disclosed,  above) in cash  purchases  from
Micropoint   or   from   other    shareholders   of   Micropoint,    and/or   in
employment/consulting  arrangements  with Micropoint.  None of the Group has any
current  intention  of selling or  causing  the sale of any of their  Micropoint
Common Stock.  Such  securities are being held as a long term investment by each
member of the Group.

                  The  Warrants  legally  held by Mr.  DeGreef and  beneficially
owned 50% by Mr.  Sindt and 50% by Mr.  DeGreef may be  exercised  and shares of
Micropoint  Common Stock acquired thereby.  Messrs.  Sindt and DeGreef currently
expect  that  any  such  exercise  will  be with  the  funds  of the  particular
beneficial owner  undertaking the exercise,  and that the shares of Common Stock
acquired  thereby  will be issued in the name of the  beneficial  as well as the
legal owner thereof.

                  Except  as  disclosed  above,  no  member of the Group has any
present plans or proposals which relate to or would result in:

                  (a) The  acquisition  by any  person of additional  securities
of Micropoint, or the disposition of securities of Micropoint;

                  (b) An extraordinary corporate transaction,  such as a merger,
reorganization or liquidation, involving Micropoint or any of its subsidiaries;

                  (c) A  sale  or  transfer  of a  material amount of  assets of
Micropoint or any of its subsidiaries;

                  (d) Any change in the present board of directors or management
of Micropoint,  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 Micropoint;

                                  Page 4 of 8
<PAGE>

                  (f) Any other  material  change in  Micropoint's  business  or
corporate structure, including but not limited to, if Micropoint is a registered
closed-end investment company, any plans or proposals to make any changes in its
investment  policy for which a vote is required by section 13 of the  Investment
Company Act of 1940;

                  (g) Changes in  Micropoint's  charter,  bylaws or  instruments
corresponding  thereto or other  actions  which may impede  the  acquisition  of
control of Micropoint by any person;

                  (h) Causing a class of securities of Micropoint 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  Micropoint  becoming
eligible for  termination of  registration  pursuant to Section  12(g)(4) of the
Securities Exchange Act of 1934 (the "Exchange Act"); or

                  (j) Any action similar to any of those enumerated above.


Item 5.           Interest in Securities of the Issuer.

                  (a) John A. Sindt  declares  himself the  beneficial  owner of
1,366,610 shares of Micropoint  Common Stock,  including  895,750 shares held by
Northridge Investment LLC, and 455,000 shares underlying warrants in the name of
Jules A. DeGreef.  This results in a total of  approximately  7.63% of the fully
diluted outstanding shares, of Micropoint Stock as of the date of this Schedule.
This total  declared  beneficial  ownership  does not include  825,987 shares of
Micropoint Common Stock held by Bull Ventures, Ltd, a Bahamas company with which
Mr. Sindt is affiliated,  and as to which shares Mr. Sindt disclaims  beneficial
ownership.

                  Jules A. DeGreef  declares  himself to be the beneficial owner
of 2,152,667 shares of Micropoint Common Stock, including 765,750 shares held by
Northridge  Investment LLC. This results in a total of  approximately  12.30% of
the fully diluted  outstanding  shares, of Micropoint Stock. This total declared
beneficial  ownership does not include 825,987 shares of Micropoint Common Stock
held by Bull  Ventures,  Ltd,  a  Bahamas  company  with  which Mr.  DeGreef  is
affiliated, and as to which shares Mr. DeGreef disclaims beneficial ownership.

                  Northridge Investment LLC declares itself to be the beneficial
owner of 1,647,750 shares of Micropoint Common Stock. This results in a total of
approximately 9.27% of the fully diluted outstanding shares of Micropoint Stock.

                                  Page 5 of 8
<PAGE>

This number does not include shares,  warrants or options owned by Messrs. Sindt
and DeGreef, as to which shares Northridge disclaims beneficial ownership.

                  Except for their shared affiliation with Northridge Investment
LLC and Bull  Ventures  Ltd.  and except for the  arrangements  with  respect to
certain  warrants to acquire  shares of Micropoint  legally owned by Mr. DeGreef
but beneficially  shared 50% by Mr. Sindt and 50% by Mr. DeGreef,  Mr. Sindt and
Mr.  DeGreef are not the  beneficial  owner of each other's shares of Micropoint
Stock,  and  Messrs.  Sindt and DeGreef  disclaim  beneficial  ownership  of the
Micropoint Stock beneficially owned as declared by the other.

                  (b)  There  are no  voting  agreement  as among  the  Group or
between  any member of the Group and any other  person.  Each of Messrs.  Sindt,
DeGreef and  Northridge  Investment  LLC has the sole power to vote or to direct
the vote and the sole  power to  dispose  or to direct  the  disposition  of the
shares of Micropoint  Common Stock  beneficially  owned by him,  except that Mr.
Sindt, as Managing Member of Northridge Investment LLC has management authority,
for the benefit of that Company and its members, to cause the sale of its shares
of Micropoint and to cause the voting of its shares in Micropoint.

                  (c) As  described  in Items 3 and 4 above,  each of the  Group
acquired  his or its  shares  in  Micropoint  in arms  length  private  purchase
transactions  with Micropoint or other  shareholders  of Micropoint,  consulting
agreements, and as a result of transfers of legal and/or beneficial ownership as
among members of the Group.

                  (d)      Not applicable.

                  (e)      Not applicable

Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to
Securities of the Issuer.

                  Messrs.  Sindt and DeGreef,  and  Northridge  Investment  Ltd.
regard Mr. Sindt as the beneficial  owner of 895,750  Micropoint  shares held of
record by Northridge  Investment LLC and Mr DeGreef as the  beneficial  owner of
765,750 shares held of record by Northridge Investment LLC.

                  Messrs.  Sindt and DeGreef  regard Mr. Sindt as the beneficial
owner of 455,000 Warrants to acquire shares of Micropoint  Common Stock now held
of record by Mr. DeGreef.

                                  Page 6 of 8
<PAGE>

                  All of these  allocations of control and  beneficial  interest
have been made as between Mr. Sindt and Mr.  DeGreef to reflect a settlement  of
their  joint  efforts  and  arrangements  with  respect  to  Micropoint  and the
Micropoint securities each has acquired in their own or affiliates' names.

                  There are no  non-competition  or  confidentiality  agreements
between Micropoint and any of the members of the Group.

                  Mr. DeGreef has an  Indemnification  Agreement from Micropoint
binding the company to  indemnify  Mr.  DeGreef  with  respect to his actions or
inactions  as a  director  and  officer  of the  Company.  Such  indemnification
agreement  does not apply to actions or inactions by Mr. DeGreef before or after
this term as an officer or director of Micropoint.


Item 7.           Material to be Filed as Exhibits.

                  Agreement for Joint Filing         Exhibit 1.


                                   SIGNATURES

                  After  reasonable  inquiry and to the best of my knowledge and
belief,  each of the persons  signing below  certifies that the  information set
forth in this statement is true, complete and correct.

                  Dated as of the 18th day of February, 1999.



                                              /s/ John A. Sindt 
                                              ---------------------------------
                                              John A. Sindt, individually



                                              /s/Jules A DeGreef            
                                              ---------------------------------
                                              Jules A. DeGreef, individually


                                              Northridge Investment LLC



                                              /s/John A. Sindt 
                                              ---------------------------------
                                              By John A. Sindt,
                                              Managing Member



                                  Page 7 of 8
<PAGE>

                                    EXHIBIT 1

                           AGREEMENT FOR JOINT FILING

                  This  Agreement  is  entered  into this 15th day of  February,
1999,  between John A. Sindt,  Jules A. DeGreef,  and Northridge  Investment LLC
(collectively, the "Group").

                  WHEREAS, of even date herewith the Group is filing a statement
on Schedule 13D with the Securities and Exchange  Commission ("SEC") pursuant to
the  requirements of the Securities  Exchange Act of 1934 (the "Exchange  Act"),
and the Exchange Act permits filing persons to file joint Schedules 13D;

                  NOW THEREFORE, in consideration of the benefits to be received
by the parties hereto by making a joint filing and the mutual covenants  recited
herein,  the Group hereby  agrees as follows:  The Group hereby agrees to make a
joint filing of Schedule  13D with the SEC as  permitted  under the Exchange Act
and further agree to make all amendments to said filing on a joint basis, to the
extent  permitted by law. The Group further agrees that their filing on Schedule
13D and all amendments thereto shall be deemed filed on behalf of each of them.

                  IN WITNESS  WHEREOF,  the Group has executed this Agreement as
of the date first written above.



                                                      /s/ John A. Sindt
                                                      -------------------------
                                                      John A. Sindt,
                                                      individually



                                                      /s/Jules A DeGreef
                                                      -------------------------
                                                      Jules A. DeGreef,
                                                      individually


                                                      Northridge Investment LLC



                                                      /s/John A. Sindt 
                                                      -------------------------
                                                      By John A. Sindt,
                                                      Managing Member

                                  Page 8 of 8



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