-----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, AB73lTvoVbPMEAoPKbkpwGMpCSlQL8yxn4ZggZoCvEqfDuiEX54n3fhaai0kk9Ut 5iAtxOlDYkNzXuW0jGlPHQ== 0000943440-06-000357.txt : 20060928 0000943440-06-000357.hdr.sgml : 20060928 20060928141429 ACCESSION NUMBER: 0000943440-06-000357 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060928 DATE AS OF CHANGE: 20060928 GROUP MEMBERS: CASTLE BISON, INC. GROUP MEMBERS: MENLO VENTURE PARTNERS, LLC GROUP MEMBERS: RALPH OLSON GROUP MEMBERS: VISION OPPORTUNITY MASTER FUND GROUP MEMBERS: WINDERMERE INSURANCE COMPANY LIMITED SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: INTERNATIONAL IMAGING SYSTEMS INC CENTRAL INDEX KEY: 0001070045 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-PROFESSIONAL & COMMERCIAL EQUIPMENT & SUPPLIES [5040] IRS NUMBER: 650854589 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-79157 FILM NUMBER: 061113513 BUSINESS ADDRESS: STREET 1: 6689 NW 16TH TERRACE STREET 2: -- CITY: FT. LAUDERDALE STATE: FL ZIP: 33309 BUSINESS PHONE: 954-978-9090 MAIL ADDRESS: STREET 1: 6689 NW 16TH TERRACE STREET 2: -- CITY: FT. LAUDERDALE STATE: FL ZIP: 33309 FORMER COMPANY: FORMER CONFORMED NAME: A M S MARKETING INC DATE OF NAME CHANGE: 19990218 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SUMICHRAST MARTIN A CENTRAL INDEX KEY: 0001078943 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: BUSINESS PHONE: 3015271110 MAIL ADDRESS: STREET 1: C/O EASTBROKERS INTERNATIONAL INC STREET 2: 15245 SHADY GROVE RD #240 CITY: ROCKVILLE STATE: MD ZIP: 20850 SC 13D 1 sch13d-joint.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. ______)* INTERNATIONAL IMAGING SYSTEMS, INC. - ----------------------------------------------------------------- (Name of Issuer) Common Stock - ----------------------------------------------------------------- (Title of Securities) 00178Q 10 8 - ----------------------------------------------------------------- (CUSIP Number) EUGENE MICHAEL KENNEDY, ESQ. 517 SW 1st Avenue Fort Lauderdale, FL 33301 Telephone: (954) 524-4155 - ----------------------------------------------------------------- (Names, Address and Telephone Number of Person Authorized to Receive Notices and Communications) SEPTEMBER 19, 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 Section 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. [ ] Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 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). - ----------------------------------------------------------------- CUSIP No. 00178Q 10 8 Page 1 of 12 Pages - ----------------------------------------------------------------- 1 Names of Reporting Persons IRS Identification Nos. of Above Persons Martin A. Sumichrast - ----------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) |_| Not Applicable (b) |X| 5 members of the Reporting Person's immediate family hold 65% of shares - ----------------------------------------------------------------- 3 SEC Use Only - ----------------------------------------------------------------- 4 Source of Funds PF - ----------------------------------------------------------------- 5 Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) None - ----------------------------------------------------------------- 6 Citizenship or Place of Organization United States - ----------------------------------------------------------------- Number of Shares 7 Sole Voting Power 265,000 Beneficially Owned -------------------------------------------- by Each Reporting 8 Shared Voting Power 500,000 Person With -------------------------------------------- 9 Sole Dispositive Power 265,000 -------------------------------------------- 10 Shared Dispositive Power 500,000 - ----------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned by Each Reporting Person 265,000 - ----------------------------------------------------------------- 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) |X| - ----------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (9) 9.6% - ----------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) IN - ----------------------------------------------------------------- - ----------------------------------------------------------------- CUSIP No. 00178Q 10 8 Page 2 of 12 Pages - ----------------------------------------------------------------- 1 Names of Reporting Persons IRS Identification Nos. of Above Persons Windermere Insurance Company Limited 20-3948202 - ----------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) |_| (b) |_| - ----------------------------------------------------------------- 3 SEC Use Only - ----------------------------------------------------------------- 4 Source of Funds WC - ----------------------------------------------------------------- 5 Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) None - ----------------------------------------------------------------- 6 Citizenship or Place of Organization British Virgin Islands - ----------------------------------------------------------------- Number of Shares 7 Sole Voting Power 433,333 Beneficially Owned -------------------------------------------- by Each Reporting 8 Shared Voting Power -0- Person With -------------------------------------------- 9 Sole Dispositive Power 433,333 -------------------------------------------- 10 Shared Dispositive Power -0- - ----------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned by Each Reporting Person 433,333 - ----------------------------------------------------------------- 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) | | - ----------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (9) 5.4% - ----------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) IC - ----------------------------------------------------------------- - ----------------------------------------------------------------- CUSIP No. 00178Q 10 8 Page 3 of 12 Pages - ----------------------------------------------------------------- 1 Names of Reporting Persons IRS Identification Nos. of Above Persons Vision Opportunity Master Fund 27-0120759 - ----------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) |_| (b) |_| - ----------------------------------------------------------------- 3 SEC Use Only - ----------------------------------------------------------------- 4 Source of Funds WC - ----------------------------------------------------------------- 5 Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) None - ----------------------------------------------------------------- 6 Citizenship or Place of Organization United States - ----------------------------------------------------------------- Number of Shares 7 Sole Voting Power 500,000 Beneficially Owned -------------------------------------------- by Each Reporting 8 Shared Voting Power -0- Person With -------------------------------------------- 9 Sole Dispositive Power 500,000 -------------------------------------------- 10 Shared Dispositive Power -0- - ----------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned by Each Reporting Person 500,000 - ----------------------------------------------------------------- 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) | | - ----------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (9) 6.3% - ----------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) CO - ----------------------------------------------------------------- - ----------------------------------------------------------------- CUSIP No. 00178Q 10 8 Page 4 of 12 Pages - ----------------------------------------------------------------- 1 Names of Reporting Persons IRS Identification Nos. of Above Persons Ralph O. Olson - ----------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) |_| (b) |X| A member of the Reporting Person's immediate family holds 12% of shares - ----------------------------------------------------------------- 3 SEC Use Only - ----------------------------------------------------------------- 4 Source of Funds PF - ----------------------------------------------------------------- 5 Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) None - ----------------------------------------------------------------- 6 Citizenship or Place of Organization United States - ----------------------------------------------------------------- Number of Shares 7 Sole Voting Power 700,000 Beneficially Owned -------------------------------------------- by Each Reporting 8 Shared Voting Power 93,333 Person With ---------------------------------------------- 9 Sole Dispositive Power 700,000 ---------------------------------------------- 10 Shared Dispositive Power 93,333 - ----------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned by Each Reporting Person 793,333 - ----------------------------------------------------------------- 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) | | - ----------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (9) 9.96% - ----------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) IN - ----------------------------------------------------------------- - ----------------------------------------------------------------- CUSIP No. 00178Q 10 8 Page 5 of 12 Pages - ----------------------------------------------------------------- 1 Names of Reporting Persons IRS Identification Nos. of Above Persons Menlo Venture Partners, LLC 20-3208171 - ----------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) |_| (b) |_| - ----------------------------------------------------------------- 3 SEC Use Only - ----------------------------------------------------------------- 4 Source of Funds WC - ----------------------------------------------------------------- 5 Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) None - ----------------------------------------------------------------- 6 Citizenship or Place of Organization United States - ----------------------------------------------------------------- Number of Shares 7 Sole Voting Power 396,666 Beneficially Owned -------------------------------------------- by Each Reporting 8 Shared Voting Power -0- Person With -------------------------------------------- 9 Sole Dispositive Power 396,666 -------------------------------------------- 10 Shared Dispositive Power -0- - ----------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned by Each Reporting Person 396,666 - ----------------------------------------------------------------- 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) | | - ----------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (9) 5.0% - ----------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) PN - ----------------------------------------------------------------- - ----------------------------------------------------------------- CUSIP No. 00178Q 10 8 Page 6 of 12 Pages - ----------------------------------------------------------------- 1 Names of Reporting Persons IRS Identification Nos. of Above Persons Castle Bison, Inc. 38-3720209 - ----------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) |_| (b) |_| - ----------------------------------------------------------------- 3 SEC Use Only - ----------------------------------------------------------------- 4 Source of Funds WC - ----------------------------------------------------------------- 5 Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) None - ----------------------------------------------------------------- 6 Citizenship or Place of Organization United States - ----------------------------------------------------------------- Number of Shares 7 Sole Voting Power 396,666 Beneficially Owned -------------------------------------------- by Each Reporting 8 Shared Voting Power -0- Person With -------------------------------------------- 9 Sole Dispositive Power 396,666 -------------------------------------------- 10 Shared Dispositive Power -0- - ----------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned by Each Reporting Person 396,666 - ----------------------------------------------------------------- 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) | | - ----------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (9) 5.0% - ----------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) CO - ----------------------------------------------------------------- Item 1. Security and Issuer. This statement relates to the common stock ("Common Stock") of International Imaging Systems, Inc., a Delaware corporation (the "Issuer"). The principal executive offices of International Imaging Systems, Inc., are located at 2419 E. Commercial Blvd., Ste. 307, Fort Lauderdale, Florida 33308. Item 2. Identity and Background This statement is being filed by: (i) Martin A. Sumichrast; (ii) Windermere Insurance Company Limited; (iii) Vision Opportunity Master Fund; (iv) Ralph O. Olson; (v) Menlo Venture Partners, LLC; and (vi) Castle Bison, Inc., (collectively, the "Reporting Persons"). The Reporting Persons are making a joint filing because they may be deemed to be a group pursuant to Section 13 of the Securities Exchange Act of 1934. The respective address of each of the Reporting Persons are as follows: Name Address ---- ------- Martin A. Sumichrast 11125 Colonial Country Lane Charlotte, NC 27277 Windermere Insurance Company Limited 31200 Via Colinas, Ste. 200 Westlake Village, CA 91362 Vision Opportunity Master Fund 20 W. 55th Street, Floor 5 New York, NY 10010 Ralph O. Olson 9263 Wild Elk Place Parker, CO 80134 Menlo Venture Partners, LLC 30101 Agoura Court, Ste. 240 Agoura Hills, CA 91301 Castle Bison, Inc. 31200 Via Colinas, Ste. 200 Westlake Village, CA 91362 None of the Reporting Persons has, during the last five (5) years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). None of the Reporting Persons has, during the last five (5) years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations or, prohibiting or mandating activities subject to, Federal or State securities laws or finding any violation with respect to such laws. Martin A. Sumichrast is a United States citizen Windermere Insurance Company Limited is a British Virgin Islands International Business Company Vision Opportunity Master Fund is a New York corporation Ralph O. Olson is a United States Citizen Menlo Venture Partners, LLC is a Nevada limited liability company Castle Bison, Inc. is a California corporation The principal business of Martin A. Sumichrast is private investing. The principal business of Windermere Insurance Company Limited, a British Virgin Islands International Business Company is insurance. The principal business of Vision Opportunity Master Fund is hedge fund investing. The principal business of Ralph O. Olson is private investing. The principal business of Menlo Venture Partners is partnership investing. The principal business of Castle Bison, Inc. is investing. Item 3. Source and Amount of Funds or Other Considerations. On September 19, 2006, in connection with a privately negotiated control share acquisition by a group of investors, the Reporting Persons acquired 3,286,666 of the Issuer's common shares. The aggregate consideration paid by the group of investors was $405,000, or approximately $0.09 per share. All of the shares covered by this statement were acquired by the Reporting Persons with personal funds or working capital. Item 4. Purpose of the Transaction. The Reporting Persons did not acquire the common stock for the purpose of acquiring control of the Issuer. As of the filing date, the Reporting Persons have no plans or proposals that relate to or would result in any of the actions required to be described in Item 4 (b) through (j) of Schedule 13D. Each of the Reporting Persons may at any time review or reconsider their position with respect to the Issuer and formulate plans or proposals with respect to any of such matters, but none have present intention of doing so. Item 5. Interest in Securities of the Issuer Pursuant to Rule 13b-3 promulgated under the Securities Exchange Act of 1934, the Reporting Persons are considered the beneficial owners of 3,283,666 shares of the Issuer's common stock representing approximately 41.2% of all of the issued and outstanding shares of the Registrant's common stock. The Reporting Persons each expressly disclaim beneficial ownership, for all purposes, of the shares of common stock of the Issuer that may be deemed to be held by the other Reporting Persons, except as provided herein. The following is a description of each Reporting Person's interest in the securities of the Issuer: Reporting Person Common Stock Percentage Owned Owned - -------------------- ---------------- -------------- Ralph O. Olson 793,333(1) 9.96%(1) Martin A. Sumichrast 765,000(2) 9.6%(2) (1) Includes 93,333 shares owned by a member of Mr. Olson's immediate family. While Mr. Olson disclaims beneficial ownership of such shares, they are deemed to be controlled by Mr. Olson. (2) Includes 500,000 shares owned by members of Mr. Sumichrast's immediate family. While Mr. Sumichrast disclaims beneficial ownership of such shares, they are deemed to be controlled by Mr. Sumichrast. Item 6. Contracts, Arrangements, Understandings or Relationship with respect to Securities of the Issuer. Other than the purchase of stock from existing stockholders, and as described the Issuer's Current Report on Form 8-K, the Reporting Persons have not engaged in any transactions involving the Registrant's common stock during the past 60 days. No other person is known by the Reporting Persons to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the common stock owned by the Reporting Persons or by members of the Reporting Person's immediate families. ITEM 7. Material to be filed as Exhibits. Agreement among the Reporting Persons to file a single joint Statement on Schedule 13D on behalf of each of them. SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and accurate. Dated: September 27, 2006 /s/Martin A. Sumichrast --------------------------------- Name: Martin A. Sumichrast Windermere Insurance Company Limited Dated: September 27, 2006 By:/s/John Scardino --------------------------------- Name: John Scardino Title: Director Vision Opportunity Master Fund Dated: September 27, 2006 By:/s/Martin A. Sumichrast --------------------------------- Martin A. Sumichrast, President, Lomond International, Inc., Buyer's Agent Ralph Olson Dated: September 27, 2006 /s/Ralph Olson --------------------------------- Name: Ralph Olson Menlo Venture Partners, LLC Dated: September 27, 2006 By:/s/Ariel Coro --------------------------------- Name: Ariel Coro Title: Manager Castle Bison, Inc. Dated: September 27, 2006 By:/s/Raul Sivestre --------------------------------- Name: Raul Silvestre Title: President EXHIBIT 1 JOINT FILING AGREEMENT JOINT FILING OF SCHEDULE 13D Each of the undersigned hereby agrees to file jointly the Schedule 13D to which this Agreement is attached, and any amendments to the Schedule 13D (the "Schedule 13D") filed with respect to the common stock of International Imaging Systems, Inc. that may be deemed necessary, pursuant to Regulation 13D-G under the Securities Exchange Act of 1934, as amended. It is understood and agreed that each of the parties hereto is responsible for the timely filing of such statement and any future amendments to the Schedule 13D, and for the completeness and accuracy of the information concerning such party contained therein, but such party is not responsible for the completeness or accuracy of information concerning any other party unless such party knows or has reason to believe that such information is inaccurate. It is understood and agreed that a copy of this Agreement shall be attached as an exhibit to the Schedule 13D, and any future amendments to the Schedule 13D, filed on behalf of each of the parties hereto. Dated: September 27, 2006 /s/Martin A. Sumichrast --------------------------------- Name: Martin A. Sumichrast Windermere Insurance Company Limited Dated: September 27, 2006 By:/s/John Scardino --------------------------------- Name: John Scardino Title: Director Vision Opportunity Master Fund Dated: September 27, 2006 By:/s/Martin A. Sumichrast --------------------------------- Martin A. Sumichrast, President, Lomond International, Inc., Buyer's Agent Ralph Olson Dated: September 27, 2006 /s/Ralph Olson --------------------------------- Name: Ralph Olson Menlo Venture Partners, LLC Dated: September 27, 2006 By:/s/Ariel Coro --------------------------------- Name: Ariel Coro Title: Manager Castle Bison, Inc. Dated: September 27, 2006 By:/s/Raul Sivestre --------------------------------- Name: Raul Silvestre Title: President -----END PRIVACY-ENHANCED MESSAGE-----