-----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, Aflo3bwIFfGGSF2Be4Tz6LS+I+V3m1oObCoKx7oDZzzd8kAJFx3dSOdUPQMfVmQX defb9pSpGMIBkPpgY4D81w== 0001005477-99-000683.txt : 19990217 0001005477-99-000683.hdr.sgml : 19990217 ACCESSION NUMBER: 0001005477-99-000683 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990216 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TRANSFORMATION PROCESSING INC CENTRAL INDEX KEY: 0001034694 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 954583945 STATE OF INCORPORATION: NV FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-55733 FILM NUMBER: 99540863 BUSINESS ADDRESS: STREET 1: 5500 EXPLORER DRIVE SUITE 2000 CITY: MISSISSAUGA STATE: A6 ZIP: L5N-2X4 BUSINESS PHONE: 9052061366 MAIL ADDRESS: STREET 1: 5500 EXPLORER DRIVE SUTIE 2000 CITY: MISSISSAUGA STATE: A6 ZIP: 00000 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MCCANN GARY CENTRAL INDEX KEY: 0001079393 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 5500 EXPLORER DR STE 2000 STREET 2: MISSISSAUGA ONTARIO CITY: CANADA L4W 5C7 MAIL ADDRESS: STREET 1: 5500 EXPLORER DR STE 2000 STREET 2: MISSISSAUGA ONTARIO CITY: CANADA L4W 5C7 SC 13G 1 SCHEDULE 13G SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ------------ SCHEDULE 13G Rule 13d-102 Under the Securities Exchange Act of 1934 (Amendment No. _)(1) Transformation Processing Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $.001 par value - -------------------------------------------------------------------------------- (Title of Class of Securities) 89365V-10-3 - -------------------------------------------------------------------------------- (CUSIP Number) December 31, 1998 - -------------------------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |_| Rule 13d-1 (b) |_| Rule 13d-1 (c) |X| Rule 13d-1 (d) - ---------- (1) 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 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 4 Pages CUSIP No. 89365V-10-3 13G Page 2 of 5 Pages - -------------------------------------------------------------------------------- (1) Name of Reporting Persons I.R.S. Identification Nos. of above persons. (entities only) Paul G. Mighton Diversified Technologies Ltd. ("DTL") Gary G. McCann (The Reporting Persons have neither a S.S. No. or I.R.S. Identification No.) - -------------------------------------------------------------------------------- (2) Check the appropriate box if a member of a group (see instructions) (a)|X| (b)|_| - -------------------------------------------------------------------------------- (3) SEC use only. - -------------------------------------------------------------------------------- (4) Citizenship or place of organization. Mighton and McCann - Canada DTL- British Virgin Islands - -------------------------------------------------------------------------------- Number of shares beneficially owned by each reporting person with: (5) Sole voting power: (See Item 4) McCann - 690,000 Mighton - 700,000 (6) Shared voting power: DTL - 1,533,367 (1) (7) Sole dispositive power: (See Item 4) McCann - 690,000 Mighton - 700,000 (8) Shared dispositive power: DTL - 1,533,367 (1) - -------------------------------------------------------------------------------- (9) Aggregate amount beneficially owned by each reporting person. See Item 4 - -------------------------------------------------------------------------------- (10) Check if the aggregate amount in Row (9) excludes certain shares |_| (see instructions). - -------------------------------------------------------------------------------- (11) Percent of class represented by amount in Row 9. McCann - 8.1% DTL - 8.5% (1) Mighton - 8.2% - -------------------------------------------------------------------------------- (12) Type of reporting person (see instructions). McCann - IN Mighton - IN DTL - CO - -------------------------------------------------------------------------------- (1) Messrs. Mighton and McCann are the sole shareholders of DTL. DTL holds the Shares as nominee for Messrs. Mighton and McCann. Page 3 of 5 Item 1(a). Name of Issuer: Transformation Processing Inc. Item 1(b). Address of Issuer's Principal Executive Offices: 5500 Explorer Drive, Suite 2000, Mississauga, Ontario Item 2(a). Name of Person Filing: Gary G. McCann, Diversified Technologies Ltd. Paul G. Mighton Item 2(b). Address of Principal Business Office or, if None, Residence: 5500 Explorer Drive, Suite 2000, Mississauga, Ontario Item 2(c). Citizenship: Messrs. Mighton and McCann - Canadian DTL - British Virgin Islands Item 2(d). Title of Class of Securities: Common Stock, par value $.001 Item 2(e). CUSIP Number: 89365V-10-3 Item 3. If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b), check whether the person filing is a: N/A Item 4. Ownership: (a) McCann direct 690,000 McCann indirect 766,684(1/2 of the Shares held by DTL) Mighton direct 700,000 Mighton indirect 766,683(1/2 of the Shares held by DTL) DTL direct 1,533,367 (1) (b) McCann direct 3.8%* Mighton direct 3.9%* DTL: 8.5%* McCann indirect:4.3%* Mighton indirect: 4.3%* *Based on 17,960,915 shares outstanding as of February 1, 1999 (1) Messrs. Mighton and McCann are the sole shareholders of DTL. DTL holds the Shares as nominee for Messrs. Mighton and McCann. Page 4 of 5 (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: Mighton: 700,000 McCann 690,000 (ii) Shared power to vote or to direct the vote: DTL 1,533,367 (1) (iii) Sole power to dispose or to direct the disposition of : Mighton: 700,000 McCann: 690,000 (iv) Shared power to dispose or to direct the disposition of: DTL 1,533,367 (1) Item 5. Ownership of Five Percent or Less of a Class: N/A Item 6. Ownership of More than Five Percent on Behalf of Another Person: DTL hold 8.5% of the outstanding shares on behalf of Messrs. Mighton and McCann. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company: N/A Item 8. Identification and Classification of Members of the Group: Members of Group include: Paul Mighton, Gary McCann and DTL. Item 9. Notice of Dissolution of Group: N/A Item 10. Certification: N/A (1) Messrs. Mighton and McCann are the sole shareholders of DTL. DTL holds the Shares as nominee for Messrs. Mighton and McCann. Page 5 of 5 SIGNATURES 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: February 16, 1999 /s/ Paul G. Mighton ------------------- Paul G. Mighton /s/ Gary G. McCann ------------------ Gary G. McCann DIVERSIFIED TECHNOLOGIES LTD. By: /s/ Paul G. Mighton ----------------------- Paul G. Mighton -----END PRIVACY-ENHANCED MESSAGE-----