-----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, SrQztAMnkXs2fteI35LuY+tEMnzanZS1Okm1N/MgXjKX1ow5SQODPW66jpDtf1tZ Gl9iCp8ZoHhFsI47ih++1g== 0001144204-03-000419.txt : 20030207 0001144204-03-000419.hdr.sgml : 20030207 20030207145112 ACCESSION NUMBER: 0001144204-03-000419 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20030207 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HOLLAND GERALD CENTRAL INDEX KEY: 0001217677 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 22 COULT LANE CITY: OLD LYNE STATE: CT ZIP: 06371 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 SEC ACT: 1934 Act SEC FILE NUMBER: 005-52573 FILM NUMBER: 03544468 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 SC 13D 1 doc1.txt Page 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 - ------------------------------------------------------------------------------- SCHEDULE 13D Under the Securities Exchange Act of 1934 CELERITY SYSTEMS INC. --------------------- (Name of Issuer) Common Stock ------------ (Title of Class of Securities) (CUSIP Number) Gerald Holland (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) November 14, 2002 ----------------- (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 Gerald Holland - ----------------------- ----------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - ----------------------- ----------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ----------------------- ----------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS PF - ----------------------- -----------------------------------------------------------------------------------------------------------
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ( ) - ----------------------- ----------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION USA - ----------------------- ----------------------------------------------------------------------------------------------------------- ------------ --------------------------------------------------------------------------------------------- NUMBER OF SHARES 7 SOLE VOTING POWER BENEFICIALLY OWNED BY EACH REPORTING PERSON 22,082,019 WITH ------------ --------------------------------------------------------------------------------------------- 8 SHARED VOTING POWER ------------ --------------------------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 22,082,019 ------------ --------------------------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER - ----------------------- ----------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 22,082,019 - ----------------------- ----------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ( ) - ----------------------- ----------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 17% - ----------------------- ----------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN - ----------------------- -----------------------------------------------------------------------------------------------------------
Page 3 Item 1. Security and Issuer. -------------------- This statement relates to shares of common stock, par value $.001 per share (the "Shares"), of Celerity Systems Inc., a Delaware corporation (the "Issuer"). The principal executive office of the Issuer is located at 122 Perimeter Park Drive, Knoxville, TN 37922. Item 2. Identity and Background. ------------------------ (a)-(c), (f). This statement is being filed by Gerald Holland ("Holland"), (the "Reporting Persons"). -------- ----------------------- Holland, whose address is 22 Coult Lane, Old Lyne CT 06371. (d) and (e). During the last five years, no Reporting Person has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction in which the Reporting Person was or is the subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violations with respect to such laws. Item 3. Source and Amount of Funds or Other Consideration. -------------------------------------------------- On January 2, 2003, Holland acquired 22,082,019 Shares, at a price of $.001 per Share, pursuant to its exercise of its conversion rights under that certain convertible debenture purchased by Holland in November 2002 from Cornell Capital Partners, LP for $50,000. Item 4. Purpose of Transaction. ----------------------- Holland 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 acquired 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. ------------------------------------- (a)-(b) As of November 14, 2002, Holland was the record and beneficial owner of 22,082,019 Shares representing 17% of the issued and outstanding Shares. Holland has the sole power to vote and to dispose of all of its Shares. (c) Except as follows, none of the Reporting Persons has effected, within the last 60 days, any transactions involving the Shares. PAge 4 (d) Not applicable. (e) Not applicable. Item 6. Contract, Arrangements, Understandings or Relationships with respect to ----------------------------------------------------------------------- Securities of the Issuer. - ------------------------- Except as set forth herein, none of the Reporting Persons has any contracts, arrangements, understandings or relationships (legal or otherwise) with any person with respect to any securities of the Company, including, without limitation, any contracts, arrangements, understandings or relationships concerning the transfer or voting of such securities, finders fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits and losses or the giving or withholding of proxies. Item 7. Material to be Filed as Exhibits. --------------------------------- 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: February 7, 2003 REPORTING PERSONS: ----------------- /s/ GERALD HOLLAND GERALD HOLLAND -------------------------------- -----END PRIVACY-ENHANCED MESSAGE-----