-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, RYa2cvGt5apaG9M+vwElFu160iWudIkR94wipTxibXnprRxZM8JS9E5cEaF+wWe1 d97tkMmfgiraph6zfvn4hQ== 0000938492-97-000184.txt : 19970725 0000938492-97-000184.hdr.sgml : 19970725 ACCESSION NUMBER: 0000938492-97-000184 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970724 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PUROFLOW INC CENTRAL INDEX KEY: 0000100591 STANDARD INDUSTRIAL CLASSIFICATION: GENERAL INDUSTRIAL MACHINERY & EQUIPMENT, NEC [3569] IRS NUMBER: 131947195 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-06692 FILM NUMBER: 97644735 BUSINESS ADDRESS: STREET 1: 16559 SATICOY STREET CITY: VAN NUYS STATE: CA ZIP: 91406 BUSINESS PHONE: 8187561388 MAIL ADDRESS: STREET 1: 16559 SATICOY STREET CITY: VAN NUYS STATE: CA ZIP: 91406 FORMER COMPANY: FORMER CONFORMED NAME: ULTRA DYNAMICS CORP DATE OF NAME CHANGE: 19830522 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: NAGELBERG DAVID S CENTRAL INDEX KEY: 0000909440 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: C/O M H MEYERSON & CO STREET 2: 30 MONTGOMERY ST CITY: JERSEY CILTY STATE: NJ ZIP: 07302 BUSINESS PHONE: 2014346199 MAIL ADDRESS: STREET 1: C/O M.H. MEYERSON & CO INC STREET 2: 30 MONTGOMERY STREET CITY: JERSEY CITY STATE: NJ ZIP: 07302 SC 13D/A 1 AMENDMENT NO. 1 TO SCHEDULE 13D --------------- OMB APPROVAL --------------- OMB Number: 3235-0145 UNITED STATES Expires: December 31, 1997 SECURITIES AND EXCHANGE COMMISSION Estimated average burden Washington, D.C. 20549 hours per form ......14.90 ---------------------------------- SCHEDULE 13D (Amendment No. 1) Under the Securities Exchange Act of 1934 PUROFLOW INCORPORATED - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $.01 par value - -------------------------------------------------------------------------------- (Title Class of Securities) 746375104 - -------------------------------------------------------------------------------- (CUSIP Number) David Alan Miller, Esq. Graubard Mollen & Miller 600 Third Avenue New York, New York 10016-2097 Telephone: (212) 818-8800 - -------------------------------------------------------------------------------- Name, Address and Telephone Number of Persons Authorized to Receive Notices and Communications) June 20, 1997 - -------------------------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) 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 6 Pages SCHEDULE 13D - -------------------------- ---------------------- CUSIP No. 746375104 Page 2 of 6 Pages - -------------------------- ---------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON David S. Nagelberg - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)|_| (b)|X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* N/A - -------------------------------------------------------------------------------- 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 | | 0 Shares NUMBER OF |----------------------------------------------------------- SHARES | 8 SHARED VOTING POWER BENEFICIALLY | OWNED BY | 250,000 Shares EACH |----------------------------------------------------------- REPORTING | 9 SOLE DISPOSITIVE POWER PERSON | WITH | 0 Shares |----------------------------------------------------------- | 10 SHARED DISPOSITIVE POWER | | 250,000 Shares - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 250,000 Shares - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 3.5% - -------------------------------------------------------------------------------- 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. SCHEDULE 13D - ------------------------- ------------------------ CUSIP No. 746375104 Page 3 of 6 Pages - ------------------------- ------------------------ - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Bette Nagelberg - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)|_| (b)|X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* N/A - -------------------------------------------------------------------------------- 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 | | 0 Shares NUMBER OF |----------------------------------------------------------- SHARES | 8 SHARED VOTING POWER BENEFICIALLY | OWNED BY | 250,000 Shares EACH |----------------------------------------------------------- REPORTING | 9 SOLE DISPOSITIVE POWER PERSON | WITH | 0 Shares |----------------------------------------------------------- | 10 SHARED DISPOSITIVE POWER | | 250,000 Shares - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 250,000 Shares - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 3.5% - -------------------------------------------------------------------------------- 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. Item 1. Security and Issuer The class of equity securities to which this statement relates is the common stock, $.01 par value, of Puroflow Incorporated ("Issuer"), a Delaware corporation, whose principal executive offices are located at 16559 Saticoy Street, Van Nuys, California 91406 ("Common Stock"). The percentage of beneficial ownership reflected in this Statement is based upon 7,108,521 shares of Common Stock outstanding on April 30, 1997, which number has been obtained from the Issuer's most recently available filings with the Securities and Exchange Commission. Item 2. Identity and Background No change. Item 3. Source and Amounts of Funds or Other Consideration No change. Item 4. Purpose of Transactions No change. Item 5. Interest in Securities of the Issuer (a) Bette Nagelberg directly owns 250,000 shares of Common Stock. (b) David S. Nagelberg (Bette Nagelberg's spouse) may be deemed to share voting and dispositive power over the 250,000 shares of Common Stock held by Bette Nagelberg. David S. Nagelberg disclaims beneficial ownership of the 250,000 shares of Common Stock held by Bette Nagelberg and the filing of this statement shall not be construed as an admission that David S. Nagelberg is, for the purposes of Section 13(d) or 13(g) of the Securities Exchange Act of 1934, the beneficial owner of the 250,000 shares of Common Stock held by Bette Nagelberg. (c) Bette Nagelberg sold (i) 44,000 shares of Common Stock on June 20, 1997 in the open market for $.84375 per share, and (ii) 18,500 shares of Common Stock on June 27, 1997 for $.8340 per share. Manhattan Group Funding, of which David S. Nagelberg and Ronald I. Heller are the sole partners, sold 64,376 shares of Common Stock on March 17, 1997 in the open market for $.908 per share. (d) David S. Nagelberg may be deemed to share the right to receive and the power to direct the receipt of dividends from, or the proceeds from the sale of, the 250,000 shares of Common Stock held by Bette Nagelberg. (e) Not applicable. Page 4 of 6 Pages Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to the Securities of the Issuer No change. Item 7. Material to be Filed as Exhibits Exhibit 7.1: Form of Registration Rights Agreement, dated as of June 3, 1996 (previously filed). The balance of this page has been left blank intentionally. Page 5 of 6 Pages 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: July 24, 1997 /s/ David S. Nagelberg ------------------------ David S. Nagelberg /s/ Bette Nagelberg ----------------------- Bette Nagelberg Page 6 of 6 Pages -----END PRIVACY-ENHANCED MESSAGE-----