<PAGE> 1
================================================================================
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
SYSTEMS COMMUNICATIONS, INC.
(Name of Issuer)
COMMON STOCK, $0.001 PAR VALUE
(Title of Class of Securities)
87189510
(CUSIP Number of Class of Securities)
PETER SUGAR, ESQ.
JAFFE, RAITT, HEUER & WEISS
ONE WOODWARD AVENUE, SUITE 2400
DETROIT, MI 48226
(313) 961-8380
(Name, address and telephone number of person
authorized to receive notices and communications on behalf
of person(s) filing statement)
AUGUST 25, 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 that is the subject of this Schedule 13D, and is filing this
schedule because of Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check
the following box [ ].
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Section 240.13d-7(b) 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
disclosures 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 17
<PAGE> 2
SCHEDULE 13D
CUSIP NO. 87189510
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
HAROLD MEYERING (###-##-####)
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS* PF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER -986,056-
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
-----------------------------------------------------------------
8 SHARED VOTING POWER -0-
-----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER -986,056-
-----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER -0-
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-986,056-
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.76%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON* IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
Page 2 of 17
<PAGE> 3
SCHEDULE 13D
CUSIP NO. 87189510
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
KENNETH EDWARD GILDE (###-##-####)
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS* PF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER -1,050,531-
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
-----------------------------------------------------------------
8 SHARED VOTING POWER -0-
-----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER -1,050,531
-----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER -0-
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-1,050,531-
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.94%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON* IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
Page 3 of 17
<PAGE> 4
SCHEDULE 13D
CUSIP NO. 87189510
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
KENNETH EARL GILDE (###-##-####)
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS* PF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER -785,456-
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
-----------------------------------------------------------------
8 SHARED VOTING POWER -0-
-----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER -785,456-
-----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER -0-
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-785,456-
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.20%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON* IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
Page 4 of 17
<PAGE> 5
SCHEDULE 13D
CUSIP NO. 87189510
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
DAVID E. GILDE (###-##-####)
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS* PF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER -768,020-
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
-----------------------------------------------------------------
8 SHARED VOTING POWER -0-
-----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER -768,020-
-----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER -0-
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-768,020-
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.15%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON* IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
Page 5 of 17
<PAGE> 6
SCHEDULE 13D
CUSIP NO. 87189510
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
PHILLIP S. GILDE (###-##-####)
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS* PF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER -365,074-
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
-----------------------------------------------------------------
8 SHARED VOTING POWER -0-
-----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER -365,074-
-----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER -0-
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-365,074-
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.02%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON* IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
Page 6 of 17
<PAGE> 7
SCHEDULE 13D
CUSIP NO. 87189510
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
DALE MEYERING (###-##-####)
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS* PF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER -67,287-
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
-----------------------------------------------------------------
8 SHARED VOTING POWER -0-
-----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER -67,287-
-----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER -0-
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-67,287-
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.19%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON* IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
Page 7 of 17
<PAGE> 8
SCHEDULE 13D
CUSIP NO. 87189510
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CHARLES O. HELSEL (###-##-####)
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS* PF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER -523,056-
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
-----------------------------------------------------------------
8 SHARED VOTING POWER -0-
-----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER -523,056-
-----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER -0-
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-523,056-
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.46%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON* IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
Page 8 of 17
<PAGE> 9
SCHEDULE 13D
CUSIP NO. 87189510
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
EDWIN L. HELSEL (###-##-####)
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS* PF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER -476,562-
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
-----------------------------------------------------------------
8 SHARED VOTING POWER -0-
-----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER -476,562-
-----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER -0-
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-476,562-
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.33%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON* IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
Page 9 of 17
<PAGE> 10
ITEM 1. SECURITY AND ISSUER.
This statement on Schedule 13D relates to the common stock,
par value $.001 per share (the "Common Stock"), of Systems Communications, Inc.,
a Florida corporation (the "Company"). The Company's principal executive offices
are located at 4707 140th Avenue North, Clearwater, Florida 33762.
ITEM 2. IDENTITY AND BACKGROUND.
(a) - (c), (f). This Amendment No. 1 to Schedule 13D is filed
jointly on behalf of the eight individuals listed below to reflect the
dissolution of the "group" (the "Group") with respect to which this Schedule 13D
was originally filed. Each of the Reporting Persons hereby disclaims membership
in the Group and by this filing intends to terminate the Group's Schedule 13D
filing requirements under Section 13D of the Securities Act of 1934, as amended.
1. Harold Meyering
235 S. Pine St.
McBain, Michigan 49657
Occupation: Retired Farmer
Citizenship: United States
2. Kenneth Edward Gilde
1630 W. Blue Road
McBain, Michigan 49657
Occupation: Owner/Manager
Employer: LC Redi-Mix
P.O. Box 333
Lake City, Michigan 49651
Employer's
Business: Ready Mix Producer
Citizenship: United States
3. Kenneth Earl Gilde
570 W. Blue Road
Falmouth, Michigan 49632
Page 10 of 17
<PAGE> 11
Occupation: Retired Business Owner
Citizenship: United States
4. David E. Gilde
4656 Forward Road
Falmouth, Michigan 49632
Occupation: Owner/Manager
Employer: LC Redi-Mix
P.O. Box 333
Lake City, Michigan 49651
Employer's
Business: Ready Mix Producer
Citizenship: United States
5. Phillip S. Gilde
8200 S. McGee Road
McBain, Michigan 49657
Occupation: Owner/Manager
Employer: LC Redi-Mix
P.O. Box 333
Lake City, Michigan 49651
Employer's
Business: Ready Mix Producer
Citizenship: United States
6. Dale Meyering
9525 W. Watergate Road
McBain, Michigan 49657
Occupation: Vice President/Sales Manager
Employer: Michigan Rubber Products
1200 8th Avenue
Cadillac, Michigan 49601
Page 11 of 17
<PAGE> 12
Employer's
Business: Molded Rubber Products
Citizenship: United States
7. Charles O. Helsel
9231 N. Burkett Road
Lake City, Michigan 49651
Occupation: Christmas Tree Farmer
(Self-Employed)
Address: 5981 N. Edwards Rd.
Lake City, Michigan 49651
Business: Christmas Trees
Citizenship: United States
8. Edwin L. Helsel
5981 N. Edwards Road
Lake City, Michigan 49651
Occupation: Christmas Tree Farmer
(Self-Employed)
Address: 5981 N. Edwards Rd.
Lake City, Michigan 49651
Business: Christmas Trees
Citizenship: United States
(d) and (e). None of the reporting persons has during the last
five years (i) been convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors) or (ii) been a party to a civil proceeding
of a judicial or administrative body of competent jurisdiction and as a result
of such proceeding was or is subject to a judgment, decree or final order
enjoining future violations of, or prohibiting activities subject to, federal or
state securities laws or finding any violation with respect to such laws.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
The funds used for the purchase previously reported on the
original Schedule 13D filed by the reporting persons were derived from the
personal funds of the reporting persons.
Page 12 of 17
<PAGE> 13
ITEM 4. PURPOSE OF TRANSACTION.
The purposes underlying the acquisition of securities of the
Company by the reporting persons were set forth in the original Schedule 13D
filed by the reporting persons.
The purpose of the filing of this Amendment is to report that,
commencing on August 25, 1998, the reporting persons no longer to intend to act
together for the purpose of acquiring, holding, voting or disposing of equity
securities of the Company.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) As of the date hereof:
(i) Harold Meyering is the sole beneficial owner
of 986,056 shares of Common Stock, which represents approximately 2.76%
of the outstanding shares of Common Stock.
(ii) Kenneth Edward Gilde is the sole beneficial
owner of 1,050,531 shares of Common Stock, which represents
approximately 2.94% of the outstanding shares of Common Stock.
(iii) Kenneth Earl Gilde is the sole beneficial
owner of 785,456 shares of Common Stock, which represents approximately
2.20% of the outstanding shares of Common Stock.
(iv) David E. Gilde is the sole beneficial owner of
768,020 shares of Common Stock, which represents approximately 2.15% of
the outstanding shares of Common Stock.
(v) Phillip S. Gilde is the sole beneficial owner
of 365,074 shares of Common Stock, which represents approximately 1.02%
of the outstanding shares of Common Stock.
(vi) Dale Meyering is the sole beneficial owner of
67,287 shares of Common Stock, which represents approximately 0.19% of
the outstanding shares of Common Stock.
(vii) Charles O. Helsel is the sole beneficial owner
of 523,056 shares of Common Stock, which represents approximately 1.46%
of the outstanding shares of Common Stock.
Page 13 of 17
<PAGE> 14
(viii) Edwin L. Helsel is the sole beneficial owner
of 476,562 shares of Common Stock, which represents approximately 1.33%
of the outstanding shares of Common Stock.
(b) (i) Harold Meyering has the sole power to vote or
direct the vote of, and the sole power to dispose or direct the
disposition of, all of the 986,056 shares of Common Stock of which he
is the sole beneficial owner.
(ii) Kenneth Edward Gilde has the sole power to
vote or direct the vote of, and the sole power to dispose or direct the
disposition of, all of the 1,050,531 shares of Common Stock of which he
is the sole beneficial owner.
(iii) Kenneth Earl Gilde has the sole power to vote
or direct the vote of, and the sole power to dispose or direct the
disposition of, all of the 785,456 shares of Common Stock of which he
is the sole beneficial owner.
(iv) David E. Gilde has the sole power to vote or
direct the vote of, and the sole power to dispose or direct the
disposition of, all of the 768,020 shares of Common Stock of which he
is the sole beneficial owner.
(v) Phillip S. Gilde has the sole power to vote or
direct the vote of, and the sole power to dispose or direct the
disposition of, all of the 365,074 shares of Common Stock of which he
is the sole beneficial owner.
(vi) Dale Meyering has the sole power to vote or
direct the vote of, and the sole power to dispose or direct the
disposition of, all of the 67,287 shares of Common Stock of which he is
the sole beneficial owner.
(vii) Charles O. Helsel has the sole power to vote
or direct the vote of, and the sole power to dispose or direct the
disposition of, all of the 523,056 shares of Common Stock of which he
is the sole beneficial owner.
(viii) Edwin L. Helsel has the sole power to vote or
direct the vote of, and the sole power to dispose or direct the
disposition of, all of the 476,562 shares of Common Stock of which he
is the sole beneficial owner.
(c) As reported in the original Schedule 13D filed by the
reporting persons, on September 5, 1997, the reporting persons became the joint
owners of a Ten (10%) Percent Cumulative Convertible Debenture Note dated June
13, 1996, in the principal amount of $500,000, and a Ten (10%) Percent
Cumulative Convertible Debenture Note dated July 19, 1996, in the principal
amount of $345,000 (the "Debentures"), issued by the Company to Nidan, Inc., a
Florida corporation. By their own terms, the Debentures were converted into
shares of Common Stock. On July 9, 1998, the Company issued stock certificates
to the reporting persons, evidencing their
Page 14 of 17
<PAGE> 15
share of such converted Common Stock, in the following aggregate amounts: (i)
Harold Meyering - 986,056, (ii) Kenneth Edward Gilde - 843,869, (iii) Kenneth
Earl Gilde - 772,956, (iv) David E. Gilde - 755,520, (v) Phillip S. Gilde - 352,
574, (vi) Dale Meyering - 67,287, (vii) Charles O. Helsel - 523,056, and (viii)
Edwin L. Helsel - 476,562.
(d) No person other than the respective owner of Common Stock
referred to herein is known to have the right to receive or the power to direct
the receipt of dividends from, or the proceeds from the sale of, any shares of
such Common Stock.
(e) On August 25, 1998, the reporting persons agreed to
terminate the Group and, as a result, on that date each reporting person ceased
to be the beneficial owner of more than five percent of the Common Stock.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER.
None.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
None.
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.
Dated: August 25, 1998
/s/ Harold Meyering
------------------------------------
Harold Meyering
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.
Dated: August 25, 1998
/s/ Kenneth Edward Gilde
------------------------------------
Kenneth Edward Gilde
Page 15 of 17
<PAGE> 16
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.
Dated: August 25, 1998
/s/ Kenneth Earl Gilde
------------------------------------
Kenneth Earl Gilde
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.
Dated: August 25, 1998
/s/ David E. Gilde
------------------------------------
David E. Gilde
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.
Dated: August 25, 1998
/s/ Phillip S. Gilde
------------------------------------
Phillip S. Gilde
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.
Dated: August 28, 1998
/s/ Dale Meyering
------------------------------------
Dale Meyering
Page 16 of 17
<PAGE> 17
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.
Dated: August 25, 1998
/s/ Charles O. Helsel
------------------------------------
Charles O. Helsel
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.
Dated: August 25, 1998
/s/ Edwin L. Helsel
------------------------------------
Edwin L. Helsel
Page 17 of 17
