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
10/2000
5. If Amendment, Date of Original (Month/Year)
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(1)] 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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| | | | | | | | | |
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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).
(Over)
SEC 1474 (7-96)
Page 1 of 2
<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 |
Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir | of |
|or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect | Indirect |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D) |Beneficial|
|Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | Ownership|
|Deriva- | | | |Date |Expir| | |ficially |Ind | |
|tive | | | (A) |(D)|Exer-|ation| Title and Number | |Owned at |ire | |
|Secu- | | | | | |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 to Purchase |$0.5170 |10/9/ |J(2)| |200,000 | |immed-|10/9|Common |200,000| | 400,000 |D(2),| (1) |
Common Stock | |00 | | | | |iately|/05 |Shares | | | |(3) | |
| | | | | | | | | | | | | I | |
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|$0.5170 |10/9/ |J(3)| |200,000 | |immed-|10/9|Common |200,000| | | | |
| |00 | | | | |iately|/05 |Shares | | | | | |
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</TABLE>
See the attached notes.
** 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.
/s/ Joseph Giamanco
--------------------------------
President of G.H.M., Inc.
11/10/2000
-----------------
Date
SEC 1474 (7-96)
<PAGE>
(1) 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. Messrs. Giamanco, Menello and
Herman disclaim ownership of the shares owned by G.H.M., Inc. except to the
extent of their actual pecuniary interest.
(2) Pursuant to the Subscription Agreement, dated as of December 1, 1999,
between EPL Technologies, Inc. ("EPL") and G.H.M. (the "G.H.M. Subscription
Agreement"), because 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) has not been declared effective by the Securities and Exchange
Commission, G.H.M. is entitled to receive an additional warrant to purchase
50,000 shares of EPL common stock for each thirty (30) days during which such
registration statement is not declared effective. On October 9, 2000, G.H.M.
received an additional warrant from EPL to purchase 200,000 shares of EPL common
stock for the 120 day period covering the months of June, July, August and
September during which the registration statement was not declared effective.
(3) Pursuant to the Subscription Agreement, dated as of December 1, 1999,
between EPL Technologies, Inc. ("EPL") and Joseph Giamanco (the "Giamanco
Subscription Agreement"), because 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) has not been declared
effective by the Securities and Exchange Commission, Joseph Giamanco is entitled
to receive an additional warrant to purchase 50,000 shares of EPL common stock
for each thirty (30) days during which such registration statement is not
declared effective. On October 9, 2000, Joseph Giamanco received an additional
warrant from EPL to purchase 200,000 shares of EPL common stock for the 90 day
period covering the months of June, July, August and September during which the
registration statement was not declared effective.
<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: October 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: October 9, 2000
Statement
Signature: /s/ Ronald J. Menello
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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: October 9, 2000
Statement
Signature: /s/ Gary A. Herman
------------------
Gary A. Herman
