-----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, FNcHG/dcDridQA2zNE3ASEno38l1EssDq/8bw/SIhbUvQMvTKUKMwMIVHnAUEiOu mAv0DsxNCqmGeJMXxxj2dA== 0001354488-09-002319.txt : 20091215 0001354488-09-002319.hdr.sgml : 20091215 20091215123845 ACCESSION NUMBER: 0001354488-09-002319 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20091215 DATE AS OF CHANGE: 20091215 GROUP MEMBERS: DAVID WEINER 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: 091241012 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 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WEINER DAVID CENTRAL INDEX KEY: 0001127735 FILING VALUES: FORM TYPE: SC 13D/A MAIL ADDRESS: STREET 1: 3940 LAUREL CANYON BLVD STREET 2: SUITE 327 CITY: STUDIO CITY STATE: CA ZIP: 91604 SC 13D/A 1 gvss_sc13da.htm AMENDMENT NO. 1 TO SCHEDULE 13D GVI SECURITY SOLUTIONS, INC.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No.1)*


GVI SECURITY SOLUTIONS, INC.

(Name of Issuer)


Common Stock, par value $.001 per share

(Title of Class of Securities)


36242E200

(CUSIP Number)


David Weiner

c/o W-Net, Inc.

3490 Laurel Canyon Boulevard, Suite 327

Studio City, California  91604

(818) 385-0405

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)


December 9, 2009

(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), 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 §240.13d-7 for other parties to whom copies are to be sent.



(Continued on following pages)


(Page 1 of 4 pages)

———————

*

 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. 36242E200                                              13D                                              Page 2 of 4 Pages




1

 

 

 

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)


David Weiner

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

(a)

 

 

 

(b)

 

 

 

 

3

 

 

SEC USE ONLY


4

 

 

SOURCE OF FUNDS


N/A

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

7

SOLE VOTING POWER


0

SHARES

BENEFICIALLY

OWNED BY

8

SHARED VOTING POWER


0

EACH

REPORTING

PERSON

9

SOLE DISPOSITIVE POWER


 0

WITH

 

 

10

SHARED DISPOSITIVE POWER


0

11

 

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON


0

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

 

 

 

 

 

13

 

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)


0%

14

 

 

TYPE OF REPORTING PERSON


IN




CUSIP No. 36242E200                                              13D                                              Page 3 of 4 Pages




This Amendment No. 1 to a Schedule 13D filed with the Securities and Exchange Commission on October 29, 2009 (as so amended, the “Schedule 13D”), is being filed to report the sale of all of the common stock, par value $.001 per share (the “Common Stock”), of GVI Security Solutions, Inc., a Delaware corporation (the “Issuer”) by the Reporting Person, as more specifically described below, resulting in the Reporting Person ceasing to be the beneficial owner of at least five percent of the Common Stock. Accordingly, Items 4 and 5 of the Schedule 13D are hereby amended and supplemented, as follows:

Item 4.

Purpose of the Transaction.

On November 3, 2009, pursuant to the Agreement and Plan of Merger, dated October 21, 2009, as amended on November 23, 2009 (the “Merger Agreement”), by and among Issuer, GenNx360 GVI Holding, Inc. (“Parent”) and GenNx360 GVI Acquisition Corp. (“Purchaser”), Purchaser commenced a tender offer to purchase all outstanding shares of Common Stock at a price of $.3875 per share (the “Offer Price”) net to the seller in cash, without interest and less any required withholding taxes (the “Offer”).   The initial offering period of the Offer expired at 12:00 A.M. midnight, New York City time, at the end of the day on Tuesday, December 8, 2009.  All shares of Common Stock held by Mr. Weiner as of such date were tendered into the Offer pursuant to his Tender and Support Agreement, dated as of October 21, 2009, with Parent and Purchaser.  On December 9, 2009, Issuer and GenNx360 Capital Partners, L.P. issued a joint press release announcing that, following the initial offering period, 26,472,492 shares of Common Stock, representing 97.02% of the outstanding shares of Common Stock, were accepted for payment by Purchaser.  Pursuant to the Merger Agreement, the merger became effective on December 9, 2009.  As a result of the consummation of the merger, each issued and outstanding share of Common Stock not tendered in the Offer (other than shares held by Parent or its subsidiaries, and other than shares for which appraisal rights are properly demanded and perfected in accordance with Delaware law) was converted into the right to receive the Offer Price. Also, at the effective time of the merger, all warrants with an exercise price less than the Offer Price, held by the Reporting Person were canceled, and in exchange, the Reporting Person received an amount in cash equal to (A) the product of (i) excess of the Offer Price over the exercise price per share of Common Stock of such warran t, multiplied by (ii) the number of shares of Common Stock subject to such warrant, as applicable, less (B) any applicable withholdings for taxes.

As a result of the transactions described above, Mr. Weiner no longer beneficially owns any shares of Common Stock.

Item 5.

Interest in Securities of the Issuer.  

(a)-(b)

As a result of the transactions described in Item 4, Mr. Weiner no longer beneficially owns any shares of Common Stock of the Issuer.

(c)

The information provided in Item 4 is hereby incorporated by reference. There have been no other transactions by Mr. Weiner in the shares of Common Stock during the past 60 days.

(d)

Not applicable.

(e)

On December 9, 2009, the date on which Mr. Weiner tendered all shares of Common Stock of which he was a beneficial owner to Purchaser, Mr. Weiner ceased to be the beneficial owner of more than five percent of the Common Stock of the Issuer.






CUSIP No. 36242E200                                              13D                                              Page 4 of 4 Pages




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.

Date: December 14, 2009



 

/s/ David Weiner

 

David Weiner





-----END PRIVACY-ENHANCED MESSAGE-----