UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
G.H.M., Inc.
74 Trinity Place, 20th Floor
New York, NY 10006
2. Issuer Name and Ticker or Trading Symbol
EPL Technologies, Inc. (EPTG)
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
March, 2000
5. If Amendment, Date of Original (Month/Year)
12/16/99
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( ) Director (X) 10% Owner ( ) Officer (give title below) ( ) Other (specify
below)
7. Individual or Joint/Group Filing (Check Applicable Line)
( ) Form filed by One Reporting Person
(X) Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
| Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership |
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Month |ect(I)| |
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<S> <C> <C> <C><C> <C> <C> <C> <C> <C>
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| | | | | | | | | |
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</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction
4(b)(v).
SEC 1474 (7-96)
(Over)
<PAGE>
<TABLE>
<CAPTION>
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva- | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity |Date |Code|V| Amount | |ble | | | |Month |(I)| |
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<S> <C> <C> <C> <C><C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
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Warrant |$0.5170 |3/9/ | J | | 150,000 | A |immed|3/9/ | Common |$150, | | 150,000 | D | |
| |00 | | | | |iate |05 | Shares | 000 | | | | |
| | | | | | |ly | | | | | | | |
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Warrant |$0.5170 |3/9/ | J | | 150,000 | A |immed|3/9/ | Common |$150, | | 150,000 | D | |
| |00 | | | | |iate |05 | Shares | 000 | | | | |
| | | | | | |ly | | | | | | | |
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| | | | | | | | | | | | | | |
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| | | | | | | | | | | | | | |
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</TABLE>
Explanation of Responses:
/s/ Joseph Giamanco 04/06/00
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** Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB Number.
Page 2
SEC 1474 (7-96)
<PAGE>
G.H.M., Inc., a New York corporation ("G.H.M.") is jointly filing this
Form 4 with Joseph Giamanco, Ronald J. Menello and Gary A. Herman. Joseph
Giamanco holds a 52% ownership interest in G.H.M. and is the President and Chief
Executive Officer of G.H.M. Ronald J. Menello holds a 24% ownership interest in
G.H.M. and is the Senior Vice President of G.H.M. Gary A. Herman holds a 24%
ownership interest in G.H.M. and is the Senior Vice President of G.H.M. The
group filers may be deemed to be members of a group (for purposes of Section
13(d) of the Securities Exchange Act of 1934, as amended) that holds in excess
of 10% of the outstanding shares of Common Stock.
Pursuant to the Subscription Agreement, dated as December 1, 1999,
between EPL Technologies, Inc. ("EPL") and G.H.M. (the "G.H.M. Subscription
Agreement"), because EPL did not file on or before December 31, 1999 a
registration statement with respect to the shares of common stock of EPL
purchased by G.H.M. under the G.H.M. Subscription Agreement (including the
shares of common stock underlying the warrants issued to G.H.M. pursuant
thereto), G.H.M. was entitled to receive an immediately exercisable warrant to
purchase 50,000 additional shares of EPL common stock. In addition, because such
a registration statement was not declared effective by the Securities and
Exchange Commission by January 31, 2000, G.H.M. was entitled to receive an
additional warrant to purchase 50,000 shares of EPL common stock, plus an
additional warrant to purchase 50,000 shares of EPL common stock for each thirty
(30) days thereafter during which such registration statement is not declared
effective. Accordingly, on March 9, 2000, G.H.M. received a warrant from EPL to
purchase 150,000 shares of EPL common stock.
Pursuant to the Subscription Agreement, dated as December 1, 1999,
between EPL and Joseph Giamanco (the "Giamanco Subscription Agreement"), because
EPL did not file on or before December 31, 1999 a registration statement with
respect to the shares of common stock of EPL purchased by Joseph Giamanco under
the Giamanco Subscription Agreement (including the shares of common stock
underlying the warrants issued to Joseph Giamanco pursuant thereto), Joseph
Giamanco was entitled to receive an immediately exercisable warrant to purchase
50,000 additional shares of EPL common stock. In addition, because such a
registration statement was not declared effective by the Securities and Exchange
Commission by January 31, 2000, Joseph Giamanco was entitled to receive an
additional warrant to purchase 50,000 shares of EPL common stock, plus an
additional warrant to purchase 50,000 shares of EPL common stock for each thirty
(30) days thereafter during which such registration statement is not declared
effective. Accordingly, on March 9, 2000, Joseph Giamanco received a warrant
from EPL to purchase 150,000 shares of EPL common stock.
<PAGE>
Joint Filer Information
Name: Joseph Giamanco
Address: c/o G.H.M., Inc.
74 Trinity Place
New York, NY 10006
Designated Filer: G.H.M., Inc.
Issuer & Ticker Symbol: EPL Technologies, Inc. (EPTG)
Date of Event Requiring: March 9, 2000
Statement
Signature: /s/ Joseph Giamanco
-------------------
Joseph Giamanco
Name: Ronald J. Menello
Address: c/o G.H.M., Inc.
74 Trinity Place
New York, NY 10006
Designated Filer: G.H.M., Inc.
Issuer & Ticker Symbol: EPL Technologies, Inc. (EPTG)
Date of Event Requiring: March 9, 2000
Statement
Signature: /s/ Ronald J. Menello
---------------------
Ronald J. Menello
Name: Gary A. Herman
Address: c/o G.H.M., Inc.
74 Trinity Place
New York, NY 10006
Designated Filer: G.H.M., Inc.
Issuer & Ticker Symbol: EPL Technologies, Inc. (EPTG)
Date of Event Requiring: March 9, 2000
Statement
Signature: /s/ Gary A. Herman
-------------------
Gary A. Herman
