-----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, Ns2Ffph9QofVd1pCTwwUAKbZwNWzu0L2jk2VGe2oSofPxpezm/mpMzM7FVzoRGSy rqypdlhr7VNHLmx2UUT+Gw== 0001015402-03-000462.txt : 20030218 0001015402-03-000462.hdr.sgml : 20030217 20030214185528 ACCESSION NUMBER: 0001015402-03-000462 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20030218 GROUP MEMBERS: ROBOTTI & COMPANY, INCORPORATED GROUP MEMBERS: THE RAVENSWOOD INVESTMENT COMPANY, L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DECORATOR INDUSTRIES INC CENTRAL INDEX KEY: 0000027613 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS FABRICATED TEXTILE PRODUCTS [2390] IRS NUMBER: 251001433 STATE OF INCORPORATION: PA FISCAL YEAR END: 0102 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-17224 FILM NUMBER: 03569877 BUSINESS ADDRESS: STREET 1: 10011 PINES BLVD SUITE 201 CITY: PEMBROKE PINES STATE: FL ZIP: 33024 BUSINESS PHONE: 3054368909 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ROBOTTI ROBERT CENTRAL INDEX KEY: 0001105838 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: C/O ROBOTTI & COMPANY, INC STREET 2: 52 VANDERBILT AVENUE, SUITE 503 CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 212-986-4800 SC 13G 1 doc1.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 3)* DECORATOR INDUSTRIES, INC. (Name of Issuer) COMMON STOCK - $0.20 PAR VALUE (Title of Class of Securities) 24631207 (CUSIP Number) DECEMBER 31, 2002 (Date of Event Which Requires Filing of This Statement) (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) SCHEDULE 13G - -------------------------------------------------------------------------------- CUSIP NO. 24631207 PAGE 2 OF 9 PAGES - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON Robert E. Robotti I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [x] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5. SOLE VOTING POWER 4,765 NUMBER OF ------------------------------------------------------------------ SHARES 6. SHARED VOTING POWER BENEFICIALLY 350,363 OWNED BY ------------------------------------------------------------------ EACH 7. SOLE DISPOSITIVE POWER REPORTING 4,765 PERSON WITH ------------------------------------------------------------------ 8. SHARED DISPOSITIVE POWER 350,363 - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORT PERSON 350,363 - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 12.6% - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- SCHEDULE 13G - -------------------------------------------------------------------------------- CUSIP NO. 24631207 PAGE 3 OF 9 PAGES - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON Robotti & Company, Incorporated I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) 11-2627501 - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [x] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION New York - -------------------------------------------------------------------------------- 5. SOLE VOTING POWER -0- NUMBER OF ------------------------------------------------------------------ SHARES 6. SHARED VOTING POWER BENEFICIALLY 287,080 OWNED BY ------------------------------------------------------------------ EACH 7. SOLE DISPOSITIVE POWER REPORTING -0- PERSON WITH ------------------------------------------------------------------ 8. SHARED DISPOSITIVE POWER 287,080 - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORT PERSON 287,080 - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 10.7% - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON* CO, BD, IA - -------------------------------------------------------------------------------- SCHEDULE 13G - -------------------------------------------------------------------------------- CUSIP NO. 24631207 PAGE 4 OF 9 PAGES - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON The Ravenswood Investment Company, L.P. I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) 11-2474002 - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [x] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION New York - -------------------------------------------------------------------------------- 5. SOLE VOTING POWER -0- NUMBER OF ------------------------------------------------------------------ SHARES 6. SHARED VOTING POWER BENEFICIALLY 58,518 OWNED BY ------------------------------------------------------------------ EACH 7. SOLE DISPOSITIVE POWER REPORTING -0- PERSON WITH ------------------------------------------------------------------ 8. SHARED DISPOSITIVE POWER 58,518 - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORT PERSON 58,518 - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 2.1% - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- SCHEDULE 13G ITEM 1(A). NAME OF ISSUER. Decorator Industries, Inc. ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 10011 Pines Boulevard, Suite #201 Pembroke Pines, Florida 33024 ITEM 2(A). NAME OF PERSONS FILING: This statement is filed by: (i) Robert E. Robotti, a United States citizen ("Robotti"); and (ii) Robotti & Company, Incorporated, a New York corporation ("Robotti & Company"); and (iii) The Ravenswood Investment Company, L.P., a New York limited partnership ("Ravenswood") ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: c/o Robotti & Company, Incorporated 52 Vanderbilt Avenue, Suite 503 New York, New York 10017 ITEM 2(C). CITIZENSHIP: See Item 2(a) ITEM 2(D). TITLE OF CLASS OF SECURITIES: Common Stock - par value $0.20 per share ITEM 2(E). CUSIP NUMBER: 24631207 Page 5 of 9 Pages SCHEDULE 13G ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B), OR 13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A: (a) [X] Broker or dealer registered under Section 15 of the Exchange Act. (b) [ ] Bank as defined in Section 3 (a)(6) of the Exchange Act. (c) [ ] Insurance company as defined in Section 3(a)(19) of the Exchange Act. (d) [ ] Investment company registered under Section 8 of the Investment Company Act. (e) [X] An investment adviser in accordance with Rule 13d-1 (b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Rule 13d-1 (b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Rule 13d-1 (b)(1)(ii)(G); (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; (i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act; (j) [ ] Group, in accordance with Rule 13d-1 (b) (1)(ii)(J) ITEM 4. OWNERSHIP: (a) Robert E. Robotti shares beneficial ownership of 345,598 shares of the Security through the following: - his ownership of Robotti & Company, a broker-dealer registered under Section 15 of the Securities Exchange Act of 1934 and an investment advisor in accordance with Rule 13d-1 (b)(1)(ii)(E), by virtue of the investment discretion Robotti & Company has over the accounts of its brokerage customers and advisory clients, which hold an aggregate of 287,080 shares of the Security; and Page 6 of 9 Pages SCHEDULE 13G - his position as the Managing Member of Ravenswood Management Company, L.L.C, which serves as the General Partner of Ravenswood, which owns 58,518 shares of the Security. (b) The amount of shares of the Security beneficially owned by Robert E. Robotti is 12.6% of the total outstanding shares of 2,787,817 common stock as per the Issuer's most recent 10-Q dated November 12, 2002. (c) (i) Mr. Robotti has the sole power to vote or the direct the vote of 4,765 shares of the Security, which is held in his brokerage account. (ii) Mr. Robotti also shares the power to vote or direct the vote of the shares of the Security as follows: - he shares with Robotti & Company and its brokerage customers and advisory clients the power to vote or direct the vote of 287,080 shares of the Security; and - he shares with the other Managing Member of Ravenswood Management Company, L.L.C., which serves as the General Partner of Ravenswood the power to vote or direct the vote of 58,518 shares of the Security. (iii) Mr. Robotti has the sole power to dispose or to direct the disposition of 4,765 shares of the Security, which he holds in his brokerage account. (iv) Mr. Robotti also shares the power to dispose or to direct the disposition of the shares of the Security as follows: - he shares with Robotti & Company the power to dispose or to direct the disposition of 287,080 shares of the Security; and - he shares with the other Managing Member of Ravenswood Management Company, L.L.C., which serves as the General Partner of Ravenswood the power to dispose or to direct the disposition of 58,518 shares of the Security. ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS: Not applicable Page 7 of 9 Pages SCHEDULE 13G ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON: Not applicable. ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR CONTROL PERSON: Not applicable. ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP: Not applicable. ITEM 9. NOTICE OF DISSOLUTION OF GROUP: Not applicable. ITEM 10. CERTIFICATIONS: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. Page 8 of 9 Pages SCHEDULE 13G 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: February 14, 2002 By: /s/ Robert E. Robotti ------------------------------------- Name: Robert E. Robotti Robotti & Company, Incorporated By: /s/ Robert E. Robotti ------------------------------------- Name: Robert E. Robotti Title: President and Treasurer The Ravenswood Investment Company, L.P. By: Ravenswood Management Company, L.L.C. ------------------------------------- General Partner of Ravenswood Investment Company, L.L.C. By: /s/ Robert E. Robotti ------------------------------------- Robert E. Robotti Title: General Partner Page 9 of 9 Pages -----END PRIVACY-ENHANCED MESSAGE-----