0001077048-05-000016.txt : 20120626 0001077048-05-000016.hdr.sgml : 20120626 20050112194838 ACCESSION NUMBER: 0001077048-05-000016 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050113 DATE AS OF CHANGE: 20050112 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GRIECO GARY CENTRAL INDEX KEY: 0001261803 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: BUSINESS PHONE: 702-592-7942 MAIL ADDRESS: STREET 1: 4660 LIGHTKEEPERS WAY UNIT 37-C CITY: LITTLE RIVER STATE: SC ZIP: 29566 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: INTEGRATED ENVIRONMENTAL TECHNOLOGIES, LTD. CENTRAL INDEX KEY: 0001084031 STANDARD INDUSTRIAL CLASSIFICATION: MINING, QUARRYING OF NONMETALLIC MINERALS (NO FUELS) [1400] IRS NUMBER: 980200471 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-79233 FILM NUMBER: 05526961 BUSINESS ADDRESS: STREET 1: 4235 COMMERCE STREET CITY: LITTLE RIVER STATE: SC ZIP: 29566 BUSINESS PHONE: 843-390-2500 MAIL ADDRESS: STREET 1: 4235 COMMERCE STREET STREET 2: 4235 COMMERCE STREET CITY: LITTLE RIVER STATE: SC ZIP: 29566 FORMER COMPANY: FORMER CONFORMED NAME: NATUROL HOLDINGS LTD DATE OF NAME CHANGE: 20020823 FORMER COMPANY: FORMER CONFORMED NAME: CORONADO EXPLORATIONS LTD DATE OF NAME CHANGE: 19990528 SC 13D/A 1 gary-3gc_13da6.htm AMENDMENT 6

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13D/A

Amendment No. 6

 

 

Under the Securities Exchange Act of 1934

 

 

INTEGRATED ENVIRONMENTAL TECHNOLOGIES, LTD.

(Name of Issuer)

 

Common Stock, $0.001 par value

(Title of Class of Securities)

 

639048 10 7

(CUSIP Number)

 

 

Gary Grieco

4660 Lightkeepers Way, Unit 37-C

Little River, SC 29566

(702) 592-7942

(Name, Address and Telephone Number of Person Authorized to

Received Notices and Communications)

 

December 28, 2004

(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 [ ].

 

NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to the 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).

 


 

 

1 NAME OF REPORTING PERSON: I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

Gary Grieco

 

 

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) [ ]

(b) [ ]

 

 

3 SEC USE ONLY

 

 

4 SOURCE OF FUNDS (See Instructions):         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         U.S.

 

 

NUMBER OF   

SHARES   

BENEFICIALLY   

OWNED BY   

EACH REPORTING   

PERSON WITH   

   

 (7) SOLE VOTING POWER   

 1,239,000

   

   

 (8) SHARED VOTING POWER   

 2,035,915*

   

   

(9) SOLE DISPOSITIVE POWER   

 1,239,000

   

(10) SHARED DISPOSITIVE POWER   

 2,035,915*

 

* The shares include: 796,915 shares held by 3GC Ltd. Gary Grieco is President of 3GC Ltd.

 

 

11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,035,915

 

 

12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions [ ]

 

 

13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

10%

 

 

14 TYPE OF REPORTING PERSON (See Instructions)

 

(IN) INDIVIDUAL

 


 

1 NAME OF REPORTING PERSON: I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

 

3GC Ltd.

 

 

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) [ ]

(b) [ ]

 

 

3 SEC USE ONLY

 

 

4 SOURCE OF FUNDS (See Instructions):         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        Nevada

 

 

NUMBER OF   

SHARES   

BENEFICIALLY   

OWNED BY   

EACH REPORTING   

PERSON WITH   

   

 (7) SOLE VOTING POWER   

 796,915

   

   

 (8) SHARED VOTING POWER   

 0

   

   

(9) SOLE DISPOSITIVE POWER   

796,915

   

(10) SHARED DISPOSITIVE POWER   

 0

 

 

11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

796,915

 

 

12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions [ ]

 

 

13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

4%

 

 

14 TYPE OF REPORTING PERSON (See Instructions)

 

(CO) CORPORATION

 


 

EXPLANATORY STATEMENT

 

This filing (the "Filing") is pursuant to Rule 13d under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), the Statement on Schedule 13D/A filed by Gary Grieco and 3GC Ltd. ("3GC"), the "Reporting Person" with respect to the common stock, par value $0.001 per share (the "Common Stock"), of Integrated Environmental Technologies, Ltd., a Delaware corporation (the "Issuer") or ("IET"). Unless otherwise indicated, capitalized terms used herein but not otherwise defined shall have the meanings assigned to them in the Schedule 13D.

 

ITEM 1.         SECURITY AND ISSUER

 

            This statement relates to Common Stock of the Issuer. The principal executive office of the Issuer is located at 4235 Commerce St., Little River, SC 29566.

 

ITEM 2.         IDENTITY AND BACKGROUND

 

(a) Names of Persons Filing:

 

        Gary Grieco

        3GC Ltd.

 

(b) Address for Each Person Filing:

 

        The address for each of the reporting persons and entities is:

 

        4660 Lightkeepers Way, Unit 37-C, Little River, SC 29566.

 

(c) Principal Business or Occupation of Each Reporting Person:

 

        3GC Ltd. is a business consulting firm and Mr. Grieco is the President of 3GC Ltd.

 

(d) Neither Mr. Grieco nor 3GC Ltd. have been convicted in a criminal proceeding during the last five years.

 

(e) Neither Mr. Grieco nor 3GC Ltd., during the last five years, were a party to any civil proceeding of a judicial or administrative body of competent jurisdiction which resulted in or is 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 violation with respect to such laws.

 

ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION

 

Gary Grieco

 

        From January 17, 2002 through September 5, 2003, Mr. Grieco acquired beneficial ownership of 246,500 shares of Common Stock directly from the Issuer.

 

        On September 22, 2003, Mr. Grieco acquired beneficial ownership of 850,000 shares of Common Stock by purchasing shares at $0.10 per share directly from the Issuer.

 

        On December 15, 2003, Mr. Grieco acquired beneficial ownership of 20,000 shares of Common Stock by purchasing shares at $0.10 per share in an open market purchase on the OTC:BB.

 

        On January 10, 2004, Mr. Grieco acquired beneficial ownership of 100,000 shares of Common Stock by purchasing shares at $0.10 per share directly from the Issuer.

 


 

        On February 27, 2004, Mr. Grieco acquired beneficial ownership of 7,500 shares of Common Stock in two separate transactions by purchasing 5,000 shares at $0.47 per share and 2,500 shares at $0.45 per share in open market purchases on the OTC:BB.

 

        On March 6, 2004, Mr. Grieco acquired beneficial ownership of 15,000 shares of Common Stock in two separate transactions by purchasing 10,000 shares at $0.50 per share and 5,000 shares at $0.50 per share in open market purchases on the OTC:BB.

 

3GC Ltd.

 

        From January 17, 2002 through August 26, 2003, 3GC acquired beneficial ownership of 148,363 shares of Common Stock directly from the Issuer.

 

        On August 27, 2003, 3GC acquired beneficial ownership of 2,556,052 shares of Common Stock of the Issuer through an Equity-for-Debt Exchange Agreement. Pursuant to the agreement, the Issuer exchanged $255,605.14 of notes payable to 3GC for 2,566,052 shares of Common Stock of the Issuer.

 

        On September 5, 2003, 3GC acquired beneficial ownership of 250,000 shares of Common Stock by purchasing shares at $0.10 per share directly from the Issuer.

 

        On September 30, 2003, 3GC acquired beneficial ownership of 12,000 shares of Common Stock by purchasing shares at $0.1481 per share in an open market purchase on the OTC:BB.

 

        On November 18, 2003, 3GC acquired beneficial ownership of 12,000 shares of Common Stock by purchasing shares at $0.10 per share in an open market purchase on the OTC:BB.

 

        On December 13, 2003, 3GC acquired beneficial ownership of 10,000 shares of Common Stock by purchasing shares at $0.10 per share in an open market purchase on the OTC:BB.

 

        On April 14, 2004, 3GC acquired beneficial ownership of 10,000 shares of Common Stock by purchasing shares at $0.60 per share in an open market purchase on the OTC:BB.

 

        On May 6, 2004, 3GC acquired beneficial ownership of 9,500 shares of Common Stock by purchasing shares at $0.38 per share in an open market purchase on the OTC:BB.

 

        On June 17, 2004, 3GC acquired beneficial ownership of 18,500 shares of Common Stock by purchasing shares at $0.29 per share in an open market purchase on the OTC:BB.

 

        On June 20, 2004, 3GC acquired beneficial ownership of 7,000 shares of Common Stock by purchasing shares at $0.24 per share in an open market purchase on the OTC:BB.

 

        On June 30, 2004, 3GC acquired beneficial ownership of 10,000 shares of Common Stock by purchasing shares at $0.22 per share in an open market purchase on the OTC:BB.

 

        On July 20, 2004, 3GC acquired beneficial ownership of 3,500 shares of Common Stock by purchasing shares at $0.33 per share in an open market purchase on the OTC:BB.

 

        On December 28, 2004, 3GC gifted 2,250,000 shares of the Issuer's Common Stock held by 3GC to certain relatives and business associates of Mr. Grieco, President of 3GC.

 

ITEM 4.    PURPOSE OF TRANSACTION

 

        Mr. Grieco and 3GC hold the Shares as reported herein for the purpose of investment.

 

        Except as set forth in this Item 4., Mr. Grieco and 3GC have no present plans or proposals to acquire additional securities of the Issuer. However, Mr. Grieco and 3GC reserve the right from time to time to acquire additional securities and/or to dispose of securities and to participate in future transactions with respect to the Issuer's Securities. Upon a material change in the beneficial ownership of Mr. Grieco and 3GC, Mr. Grieco and 3GC will amend this Schedule 13D.

 


 

        Other than as described above, Mr. Grieco and 3GC have no present plans or proposals which relate to, or may result in, any of the matters listed in items 4(a)-(j) of Schedule 13D:

  1. the acquisition by an unaffiliated person of securities of the Issuer, or the disposition of securities of the issuer;

  2. an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer;

  3. a sale or transfer of a material amount of assets of the Issuer;

  4. a change in the present board of directors of the Issuer as a result of a merger or acquisition transaction;

  5. a material change in the present capitalization or dividend policy of the Issuer;

  6. a material change in the Issuer's business or corporate structure based on the completion of a merger or acquisition;

  7. changes in the Issuer's charter or bylaws as a result of a merger or acquisition, which may impede the acquisition of control of the Issuer by any person;

  8. causing a class of securities of the issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association;

  9. a class of equity securities of the issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Act; or

  10. an action similar to any of those enumerated above.

ITEM 5.         INTEREST IN SECURITIES OF THE ISSUER

 

(a)     Mr. Grieco beneficially owns 2,035,915 shares of the Issuer's common stock. 796,915 of the 2,035,915 shares are held by 3GC Ltd. Mr. Grieco is the President of 3GC. The 2,035,915 shares represent 10% of the Issuer's common stock based on the outstanding shares on September 30, 2004.

 

3GC beneficially owns 796,915 shares of the Issuer's common stock. The 796,915 shares represent 4% of the Issuer's common stock based on the outstanding shares on September 30, 2004.

 

(b) Gary Grieco

        (i) Sole Power to Vote or Direct Vote:

             1,239,000 shares of Common Stock

 

        (ii) Shared Power to Vote of Direct the Vote:

             2,035,915 shares of Common Stock

 

        (iii) Sole Power to Dispose or Direct Disposition:

              1,239,000 shares of Common Stock

 

        (iv) Shared Power to Dispose or Direct the Disposition:

             2,035,915 shares of Common Stock


 

3GC Ltd.

        (i) Sole Power to Vote or Direct the Vote:

             796,915 shares of Common Stock

 

        (ii) Shared Power to Vote or Direct the Vote:

             0 shares

 

        (iii) Sole Power to Dispose or Direct the Disposition:

              796,915 shares of Common Stock

 

        (iv) Shared Power to Dispose or Direct the Disposition:

              0 shares

 

(c) On December 28, 2004, 3GC gifted 2,250,000 shares of the Issuer's Common Stock held by 3GC to certain relatives and business associates of Mr. Grieco, President of 3GC.

 

(d) Not Applicable

 

(e) Not Applicable

 

ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS, OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER

 

Except as described above, there are no contracts, arrangements, understandings or relationships with respect to securities of the Issuer between Mr. Grieco and the Issuer and/or 3GC and the Issuer.

 

ITEM 7. EXHIBITS

 

N/A

SIGNATURE

 

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: January 12, 2005  

 Gary Grieco

  

By: /s/ Gary Grieco                    

  

Gary Grieco

 

  

3GC Ltd.

  

By: /s/ Gary Grieco                     

  

Gary Grieco, President

 

 


 

 

JOINT FILING AGREEMENT

 

        In accordance with Rule 13d-1 (k) under the Securities Exchange Act of 1934, as amended, the undersigned agree to the joint filing on behalf of each of them of a statement on Schedule 13D (including amendments thereto) with respect to the Common Stock of Integrated Environmental Technologies, Ltd. and further agree that this agreement be included as an exhibit to such filing. Each party to the agreement expressly authorizes each other party to file on its behalf any and all amendments to such statement. Each party to this agreement agrees that this joint filing agreement may be signed in counterparts.

 

        In evidence whereof, the undersigned have caused this Agreement to be executed on their behalf this 12 day of January 2005.

 

 Gary Grieco

By: /s/ Gary Grieco                    

Gary Grieco

 

3GC Ltd.

By: /s/ Gary Grieco                     

Gary Grieco, President