-----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, Ht7j6+TvgEhOIarsuvA9O+ljxZvNXjPWzd7hAhY/KbsWG5VLjahx9m6Z8UViGxko NRbet1m3J9oUOWiVWtWhCg== 0000898432-01-500272.txt : 20010817 0000898432-01-500272.hdr.sgml : 20010817 ACCESSION NUMBER: 0000898432-01-500272 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010816 GROUP MEMBERS: EDWARD A. KIDSTON GROUP MEMBERS: JOHN P. KIDSTON GROUP MEMBERS: KEXON, INC. GROUP MEMBERS: KIDSTON FAMILY COMPANIES, LLC GROUP MEMBERS: ROBERT B. KIDSTON, JR. GROUP MEMBERS: WILLIAM S. KIDSTON SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CELERITY SYSTEMS INC CENTRAL INDEX KEY: 0001006459 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 522050585 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-52573 FILM NUMBER: 1716853 BUSINESS ADDRESS: STREET 1: 122 PERIMETER PARK DR CITY: KNOXVILLE STATE: TN ZIP: 37922 BUSINESS PHONE: 8655393561 MAIL ADDRESS: STREET 1: 122 PERIMETER PARK DR CITY: KNOXVILLE STATE: TN ZIP: 37922 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KIDSTON FAMILY COMPANIES LLC CENTRAL INDEX KEY: 0001117419 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 122 PERIMETER PARK DRIVE CITY: KNOXVILLE STATE: TN ZIP: 37922 BUSINESS PHONE: 8655395300 MAIL ADDRESS: STREET 1: 122 PERIMETER PARK DRIVE CITY: KNOXVILLE STATE: TN ZIP: 37922 SC 13D/A 1 c114601.txt AUGUST 16, 2001 CUSIP No. 15100R 10 7 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 - -------------------------------------------------------------------------------- AMENDMENT NO. 1 TO SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 Celerity Systems, Inc. (NAME OF ISSUER) Common Stock, $0.001 Par Value Per Share (TITLE OF CLASS OF SECURITIES) 15100R 10 7 (CUSIP NUMBER) Edward A. Kidston Kidston Family Companies, LLC One Kexon Drive Pioneer, Ohio 43554 Telephone (865) 539-5300 (NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON AUTHORIZED TO RECEIVE NOTICES AND COMMUNICATIONS) Copy to: Clayton E. Parker, Esq. Kirkpatrick & Lockhart LLP Miami Center, Suite 2000 201 S. Biscayne Boulevard Miami, Florida 33131 Telephone (305) 539-3304 August 6, 2001 (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 [ ].
SCHEDULE 13D - ------------------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS Kidston Family Companies, LLC - ------------------------------------------------------------------------------------------------------------------------- 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 Ohio - ------------------------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY 4,633,360. Includes warrants to purchase 1,000,000 shares of common stock and 5.3334 OWNED BY shares of Series B Redeemable Convertible Preferred Stock which are convertible into EACH 2,133,360 shares of common stock. REPORTING PERSON WITH --------------------------------------------------------------------------------------------------- 8 SHARED VOTING POWER -0- --------------------------------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 4,633,360 (See #7 above) --------------------------------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER -0- - ------------------------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,633,360 - ------------------------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ( ) - ------------------------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.8% - ------------------------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON OO - ------------------------------------------------------------------------------------------------------------------------- 2 - ------------------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS Kexon, Inc. - ------------------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ X ] (b) [ ] - ------------------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS WC - ------------------------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ( ) - ------------------------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Ohio - ------------------------------------------------------------------------------------------------------------------------- NUMBER OF 7 SHARES SOLE VOTING POWER BENEFICIALLY OWNED BY 30,000 EACH REPORTING PERSON WITH ---------------------------------------------------------------------------------------------------- 8 SHARED VOTING POWER -0- --------------------------------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 30,000 --------------------------------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER -0- - ------------------------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 30,000 - ------------------------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ( ) - ------------------------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) .06% - ------------------------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON CO - ------------------------------------------------------------------------------------------------------------------------- 3 - ------------------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS Edward A. Kidston - ------------------------------------------------------------------------------------------------------------------------- 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 - ------------------------------------------------------------------------------------------------------------------------- NUMBER OF 7 SHARES SOLE VOTING POWER BENEFICIALLY OWNED BY 44,368 (includes warrants to purchase 20,000 shares of common stock) EACH REPORTING PERSON WITH --------------------------------------------------------------------------------------------------- 8 SHARED VOTING POWER 4,742,241 (includes (i) 1,500,000 shares held by Kidston Family Companies, LLC, of which the Reporting Person is a member, officer and security holder; (ii) warrants held by Kidston Family Companies, LLC to purchase 1,000,000 shares of common stock; (iii) 5.3334 shares of Series B Redeemable Convertible Preferred Stock held by Kidston Family Companies, LLC which are convertible into 2,133,360 shares of common stock; (iv) 30,000 shares held by Kexon, Inc., of which the Reporting Person is a director, officer and shareholder; (v) 40,000 shares held by the Reporting Person's wife in an individual retirement account; (vi) 29,163 shares held in custodial accounts for the benefit of the Reporting Person's children who reside in the Reporting Person's household; (vii) 6,218 shares held in a custodial account for the benefit of the Reporting Person's nephew; and (viii) 3,500 shares held by the Reporting Person's brother, John P. Kidston, with whom Reporting Person has a vote sharing agreement.) --------------------------------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 44,368 (See #7 above). --------------------------------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 4,742,241 (See #8 above). - ------------------------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,786,609 - ------------------------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ( ) - ------------------------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.1% - ------------------------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN - ------------------------------------------------------------------------------------------------------------------------- 4 - ------------------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS Robert B. Kidston, Jr. - ------------------------------------------------------------------------------------------------------------------------- 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 - ------------------------------------------------------------------------------------------------------------------------- NUMBER OF 7 SHARES SOLE VOTING POWER BENEFICIALLY OWNED BY -0- EACH REPORTING PERSON WITH --------------------------------------------------------------------------------------------------- 8 SHARED VOTING POWER 4,663,360 (includes (i) 1,500,000 shares held by Kidston Family Companies, LLC, of which the Reporting Person is a member, officer and security holder; (ii) warrants held by Kidston Family Companies, LLC to purchase 1,000,000 shares of common stock; (iii) 5.3334 shares of Series B Redeemable Convertible Preferred Stock held by Kidston Family Companies, LLC which are convertible into 2,133,360 shares of common stock; and (iv) 30,000 shares held by Kexon, Inc., of which the Reporting Person is a director, officer and shareholder.) --------------------------------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER -0- --------------------------------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 4,663,360 (See #8 above) - ------------------------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,663,360 - ------------------------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ( ) - ------------------------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.9% - ------------------------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN - ------------------------------------------------------------------------------------------------------------------------- 5 - ------------------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS William S. Kidston - ------------------------------------------------------------------------------------------------------------------------- 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 - ------------------------------------------------------------------------------------------------------------------------- NUMBER OF 7 SHARES SOLE VOTING POWER BENEFICIALLY OWNED BY -0- EACH REPORTING PERSON WITH --------------------------------------------------------------------------------------------------- 8 SHARED VOTING POWER 4,663,360 (includes (i) 1,500,000 shares held by Kidston Family Companies, LLC, of which the Reporting Person is a member, officer and security holder; (ii) warrants held by Kidston Family Companies, LLC to purchase 1,000,000 shares of common stock; (iii) 5.3334 shares of Series B Redeemable Convertible Preferred Stock held by Kidston Family Companies, LLC which are convertible into 2,133,360 shares of common stock; and (iv) 30,000 shares held by Kexon, Inc., of which the Reporting Person is a director, officer and shareholder.) --------------------------------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER -0- --------------------------------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 4,663,360 (See #8 above) - ------------------------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,663,360 - ------------------------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ( ) - ------------------------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.9% - ------------------------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN - ------------------------------------------------------------------------------------------------------------------------- 6 - ------------------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS John P. Kidston - ------------------------------------------------------------------------------------------------------------------------- 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 - ------------------------------------------------------------------------------------------------------------------------- NUMBER OF 7 SHARES SOLE VOTING POWER BENEFICIALLY OWNED BY -0- EACH REPORTING PERSON WITH --------------------------------------------------------------------------------------------------- 8 SHARED VOTING POWER 4,666,860 (includes (i) 1,500,000 shares held by Kidston Family Companies, LLC, of which Reporting Person is a member, officer and security holder, (ii) warrants held by Kidston Family Companies, LLC to purchase 1,000,000 shares of common stock; (iii) 5.3334 shares of Series B Redeemable Convertible Preferred Stock held by Kidston Family Companies, LLC which are convertible into 2,133,360 shares of common stock; (iv) 30,000 shares held by Kexon, Inc., of which the Reporting Person is a director, officer and shareholders; and (v) 3,500 shares held by the Reporting Person, but subject to a vote sharing arrangement with the Reporting Persons' brother Edward A. Kidston) --------------------------------------------------------------------------------------------------- SOLE DISPOSITIVE POWER -0- --------------------------------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 4,666,860 (See #8 above) - ------------------------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,666,860 - ------------------------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ( ) - ------------------------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.9% - ------------------------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN - -------------------------------------------------------------------------------------------------------------------------
7 ITEM 1. SECURITY AND ISSUER This Amendment No. 1 to Schedule 13D is being filed on behalf of the undersigned Reporting Persons to amend the Schedule 13D filed with the Securities and Exchange Commission (the "COMMISSION") on June 29, 2000 (the "SCHEDULE 13D"), relating to shares of common stock, par value $0.001 per share (the "SHARES") of Celerity Systems, Inc. (the "COMPANY"). Unless otherwise indicated, all capitalized terms used herein but not defined herein shall have the same meanings as set forth in the Schedule 13D. ITEM 3. SOURCE OF FUNDS. Item 3 to the Schedule 13D is hereby amended, in pertinent part, as follows: Since the filing of the Schedule 13D, Edward A. Kidston has acquired, with personal funds, 24,368 Shares for the aggregate purchase price of $1,142.86 and options to acquire 20,000 Shares for an aggregate purchase price of $7,000. Since the filing of the Schedule 13D, the Kidston Family Companies, LLC ("KFC") has acquired, with personal funds, 5.3334 shares of Series B Redeemable Convertible Preferred Stock ("PREFERRED STOCK") of the Company for the aggregate purchase price of $53,334. The shares of Preferred Stock are immediately convertible into 2,133,360 Shares at a conversion price of $0.025 per Share. In connection with the purchase of the Preferred Stock, KFC acquired warrants (the "WARRANTS") to purchase 1,000,000 Shares, at a purchase price of $0.10 per Share. ITEM 4. PURPOSE OF TRANSACTION. Item 4 to the Schedule 13D is hereby amended, in pertinent part, to include the following: The reporting persons acquired the Shares for investment and not with a view to, or for resale in connection with, any distribution thereof, and the reporting persons do not have a present intention of selling, granting any participation in, or otherwise distributing the Shares. The reporting persons have no present plans or intentions which would result in or relate to any transactions described in subparagraphs (a) through (j) of Item 4 of Schedule 13D. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. Item 5 to Schedule 13D is hereby amended, in pertinent part, as follows: (a) KFC beneficially owns 4,633,360 Shares or approximately 8.8% of the issued and outstanding Shares of the Company, including warrants to purchase 1,000,000 Shares and 5.3334 shares of Preferred Stock which are immediately convertible into 2,133,360 Shares. 8 Kexon, Inc. beneficially owns 30,000 Shares or approximately .06% of the issued and outstanding Shares of the Company. Edward A. Kidston may be deemed to beneficially own 4,786,609 Shares or approximately 9.1% of the issued and outstanding Shares of the Company. These Shares include: (i) 24,368 Shares held individually by Edward A. Kidston; (ii) options held by Edward A. Kidston to acquire 20,000 Shares; (iii) 1,500,000 Shares held by KFC, of which Edward A. Kidston is a member, officer, and security holder; (iv) 5.3334 shares of Preferred Stock held by KFC, which shares of Preferred Stock are immediately convertible into 2,133,360 Shares; (v) warrants held by KFC to purchase 1,000,000 Shares; (vi) 30,000 Shares held by Kexon, Inc., of which Edward A. Kidston is a director, officer and shareholder; (vii) 40,000 Shares held by Edward A. Kidston's wife in an individual retirement account; (viii) 29,163 Shares held in custodial accounts for the benefit of Edward A. Kidston's children who reside in his household; (ix) 6,218 Shares held in a custodian account for the benefit of Edward A. Kidston's nephew; and (x) 3,500 Shares held by John P. Kidston, with whom Edward A. Kidston has a vote sharing agreement. Robert B. Kidston, Jr. may be deemed to beneficially own 4,663,360 Shares or approximately 8.9% of the issued and outstanding Shares of the Company. These Shares include: (i) 1,500,000 Shares held by the KFC, of which Robert B. Kidston, Jr. is a member, officer, and security holder; (ii) 5.3334 shares of Preferred Stock held by KFC, which shares of Preferred Stock are immediately convertible into 2,133,360 Shares; (iii) warrants held by KFC to purchase 1,000,000 Shares; and (iv) 30,000 Shares held by Kexon, Inc., of which Robert B. Kidston, Jr. is a shareholder and officer. William S. Kidston may be deemed to beneficially own 4,663,360 Shares or approximately 8.9% of the issued and outstanding Shares of the Company. These Shares include: (i) 1,500,000 Shares held by the KFC, of which William S. Kidston is a member, officer, and security holder; (ii) 5.3334 shares of Preferred Stock held by KFC, which shares of Preferred Stock are convertible into 2,133,360 Shares; (iii) warrants held by KFC to purchase 1,000,000 Shares; and (iv) 30,000 Shares are held by Kexon, Inc., of which William S. Kidston is a shareholder and officer. John P. Kidston may be deemed to beneficially own 4,666,860 Shares or approximately 8.9% of the issued and outstanding Shares of the Company. These Shares include: (i) 1,500,000 Shares held by the KFC, of which John P. Kidston is a member, officer, and security holder; (ii) 5.3334 shares of Preferred Stock held by KFC, which shares of Preferred Stock are immediately convertible into 2,133,360 Shares; (iii) warrants to purchase 1,000,000 Shares held by KFC; (iv) 30,000 Shares are held by Kexon, Inc., of which John P. Kidston is a shareholder and officer; and (v) 3,500 Shares are held by John P. Kidston, but subject to a vote sharing agreement with Edward A. Kidston. (b) KFC has sole voting and dispositive power over 4,633,360 Shares of the Company, including warrants to purchase 1,000,000 Shares and 5.3334 shares of Preferred Stock which are immediately convertible into 2,133,360 Shares. 9 Kexon, Inc. has sole voting and dispositive power over 30,000 Shares of the Company. Edward A. Kidston has sole voting and dispositive power over 44,368 Shares, including warrants to acquire 20,000 Shares. Edward A. Kidston has shared voting and dispositive power over 4,742,241 Shares. These Shares include: (i) 1,500,000 Shares held by the KFC; (ii) 5.3334 shares of Preferred Stock held by KFC, which shares of Preferred Stock are immediately convertible into 2,133,360 Shares; (iii) warrants held by KFC to purchase 1,000,000 Shares; (iv) 30,000 Shares held by Kexon, Inc.; (v) 40,000 Shares held by Edward A. Kidston's wife in an individual retirement account; (vi) 29,163 Shares held in custodial accounts for the benefit of Edward A. Kidston's children who reside in his household; (vii) 6,218 Shares held in a custodian account for the benefit of Edward A. Kidston's nephew; and (viii) 3,500 Shares held by John P. Kidston, with whom Edward A. Kidston has a vote sharing agreement. Robert B. Kidston, Jr. has shared voting and dispositive power over all shares designated as being beneficially owned by Robert B. Kidston, Jr. in Section 5(a) above. William S. Kidston has shared voting and dispositive power over all shares designated as being beneficially owned by William S. Kidston in Section 5(a) above. John P. Kidston has shared voting and dispositive power over all shares designated as being beneficially owned by John P. Kidston in Section 5(a) above. ITEM 7. MATERIALS TO BE FILED AS EXHIBITS Exhibit 1. Joint Filing Agreement entered into between the Reporting Persons, the original of which was filed on June 29, 2000 as Exhibit 99.2 to 13D, is incorporated herein by reference. 10 SIGNATURE After reasonable inquiry and to the best of each of the undersigned's knowledge and belief, each certifies that the information set forth in this statement is true, complete, and correct. Dated: August 10, 2001 Kidston Family Companies, LLC By: /s/ Edward A. Kidston, President --------------------------------- Name: Edward A. Kidston, President Dated: August 10, 2001 Kexon, Inc. By: /s/ Edward A. Kidston, President --------------------------------- Name: Edward A. Kidston, President Dated: August 10, 2001 /s/ Edward A. Kidston ------------------------------------ Edward A. Kidston Dated: August 10, 2001 /s/ Robert B. Kidston, Jr. ------------------------------------ Robert B. Kidston, Jr. Dated: August 10, 2001 /s/ William S. Kidston ------------------------------------ William S. Kidston Dated: August 10, 2001 /s/ John P. Kidston ------------------------------------ John P. Kidston 11 -----END PRIVACY-ENHANCED MESSAGE-----