-----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, BGr3R3suBI/2CwbgJ47dY4PdLUQGi5Hu7KW8fkKH36AgRPaNp7uzk0QB5krD5mlR 4skvctUh3kx+afxePO1UAA== 0001144204-06-011035.txt : 20060321 0001144204-06-011035.hdr.sgml : 20060321 20060321164929 ACCESSION NUMBER: 0001144204-06-011035 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060321 DATE AS OF CHANGE: 20060321 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Wade Patricia W CENTRAL INDEX KEY: 0001350898 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: BUSINESS PHONE: 972-818-2123 MAIL ADDRESS: STREET 1: 7706 BANTRY LANE CITY: DALLAS STATE: TX ZIP: 75248 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GVI SECURITY SOLUTIONS INC CENTRAL INDEX KEY: 0001021444 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATIONS EQUIPMENT, NEC [3669] IRS NUMBER: 770436410 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-50323 FILM NUMBER: 06701728 BUSINESS ADDRESS: STREET 1: 1621 WEST CROSBY STREET 2: SUITE 104 CITY: CARROLLTON STATE: TX ZIP: 75006 BUSINESS PHONE: 9722457353 MAIL ADDRESS: STREET 1: 1621 WEST CROSBY STREET 2: SUITE 104 CITY: CARROLLTON STATE: TX ZIP: 75006 FORMER COMPANY: FORMER CONFORMED NAME: THINKING TOOLS INC DATE OF NAME CHANGE: 19960823 SC 13D/A 1 v038165.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D
 (Amendment No. 1)*

Under the Securities Exchange Act of 1934

GVI Security Solutions, Inc.
(Name of Issuer)
 
Common Stock, $0.001 par value
(Title of Class of Securities)
 
36242E 10 1
 
(CUSIP Number)
 
W. Scott Wallace, Esq.
Haynes and Boone, LLP
901 Main Street, Suite 3100
Dallas, Texas 75202
(214) 651-5587
 
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
 
March 15, 2006
 
(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 §§240.13d-1(e), (f) or (g), check the following box o

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §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).
 
2


SCHEDULE 13D

 
CUSIP No. 36242E 10 1
 
 
Page 2 of 5

1
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Patricia W. Wade
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o 
(b) o
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
 
OO
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) o
 
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
United States
 
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
 
1,677,844
8
SHARED VOTING POWER
 
0
9
SOLE DISPOSITIVE POWER
 
1,677,844
10
SHARED DISPOSITIVE POWER
 
0
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
1,677,844
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
3.3%
14
TYPE OF REPORTING PERSON
 
IN

3


This Amendment No. 1 to Schedule 13D relates to the common stock, par value $0.001 per share (“Common Stock”), of GVI Security Solutions, Inc., a Delaware corporation (the “Issuer”) and is being filed on behalf of the Reporting Person to amend the Schedule 13D that was originally filed with the Securities and Exchange Commission (the “SEC”) on January 25, 2006 to reflect the change in beneficial ownership of the Reporting Person. Except as set forth below, all previous Items are unchanged. Capitalized terms used herein which are not defined herein have the meaning given to them in the Schedule 13D previously filed with the SEC.

Item 3.  Source and Amount of Funds or Other Consideration.

Item 3 is hereby supplemented as follows:

The Reporting Person disposed of 1,814,442 shares of Common Stock in open market transactions and currently owns 1,677,844 shares of Common Stock.

Item 5.  Interest in Securities of the Issuer.

Item 5 is hereby amended and restated in its entirety as follows:

(a) As of March 17, 2006, the Reporting Person was the beneficial owner of 1,677,844 shares of Common Stock (which represents approximately 3.3% of the Issuer’s outstanding Common Stock as of November 11, 2005, as disclosed in the Issuer’s Quarterly Report on Form 10-QSB for the quarterly period ended September 30, 2005).

(b)
 
Sole
Voting
Power
 
Shared
Voting
Power
 
Sole
Dispositive
Power
 
Shared
Dispositive
Power
Patricia W. Wade
 
1,677,844
 
0
 
1,677,844
 
0

(c) During the past sixty days, the Reporting Person effected the following sales of Common Stock in open market transactions:

Date
Price
Number of Shares
2/16/2006
$0.33
18,400
2/17/2006
$0.33
500
2/17/2006
$0.33
5,000
2/17/2006
$0.33
5,000
2/17/2006
$0.33
1,099
3/13/2006
$0.30
8,600
3/13/2006
$0.29
5,000
3/15/2006
$0.27
6,500
3/15/2006
$0.26
1,670,000
3/15/2006
$0.26
94,343

4

 
(d) Not applicable.

(e) The Reporting Person ceased to be the beneficial owner of more than five percent of the Common Stock on March 15, 2006.

Item 6.  Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

None.

Item 7.  Material to be Filed as Exhibits.

None.

5

 
SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this Schedule 13D is true, complete and correct.
     
 
 
 
 
 
 
 
Date: March 21, 2006 By:   /s/ Patricia W. Wade                         
 
Patricia W. Wade
   
 
 
 
 
 
 
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