-----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, LmzKYmQipTUdtvb9IsyrKi37NYdRbaC8PrgmtEDCI5aM8Ol4BLdFDk/JWoNqjY/F EWBsOZbC/xzo/pZhHrqSAw== 0000905718-04-000114.txt : 20040322 0000905718-04-000114.hdr.sgml : 20040322 20040322140525 ACCESSION NUMBER: 0000905718-04-000114 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20040322 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WORLDWATER CORP CENTRAL INDEX KEY: 0000811271 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ENGINEERING SERVICES [8711] IRS NUMBER: 330123045 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-40207 FILM NUMBER: 04681967 BUSINESS ADDRESS: STREET 1: PENNINGTON BUSINESS PARK STREET 2: 55 ROUTE 31 SOUTH CITY: PENNINGTON STATE: NJ ZIP: 08534 BUSINESS PHONE: 6098180700 MAIL ADDRESS: STREET 1: PENNINGTON BUSINESS PARK STREET 2: 55 ROUTE 31 SOUTH CITY: PENNINGTON STATE: NJ ZIP: 08534 FORMER COMPANY: FORMER CONFORMED NAME: GOLDEN BEVERAGE COMPANY DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: TOLEDANO UDI CENTRAL INDEX KEY: 0001025683 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: ANDROMEDA ENTERPRISES INC STREET 2: 545 MADISON AVE 8TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2127506410 MAIL ADDRESS: STREET 1: ANDROMEDA ENTERPRISE INC STREET 2: 545 MADISON AVE CITY: NEW YORK STATE: NY ZIP: 10022 SC 13D/A 1 amnt7_13dworldw.txt SC13AM UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE l3D Under the Securities Exchange Act of 1934 (Amendment No. 7)* WORLDWATER CORP. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $0.001 per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 98155N106 - -------------------------------------------------------------------------------- (CUSIP Number) with a copy to: Udi Toledano Edward M. Zimmerman, Esq. c/o Millennium 3 Opportunity Fund, LLC Lowenstein Sandler PC 4 Becker Farm Road 65 Livingston Avenue Roseland, New Jersey 07068 Roseland, New Jersey 07068 (973) 992-3200 (973) 597-2568 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) March 18, 2004 - -------------------------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule l3G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Sections 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 Section 240.13d-7 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. 98155N106 - -------------------------------------------------------------------------------- 1) Names of Reporting Persons. I.R.S. Identification Nos. of Above Persons (entities only): Udi Toledano - -------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions): (a) (b) - -------------------------------------------------------------------------------- 3) SEC Use Only - -------------------------------------------------------------------------------- 4) Source of Funds (See Instructions): WC - -------------------------------------------------------------------------------- 5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e): Not Applicable - -------------------------------------------------------------------------------- 6) Citizenship or Place of Organization: United States of America - -------------------------------------------------------------------------------- Number of 7) Sole Voting Power: 0 ------------------------------------------ Shares Beneficially 8) Shared Voting Power: 3,016,000* ------------------------------------------ Owned by Each Reporting 9) Sole Dispositive Power: 0 ------------------------------------------ Person With: 10) Shared Dispositive Power: 3,016,000* ------------------------------------------ - -------------------------------------------------------------------------------- 11) Aggregate Amount Beneficially Owned by Each Reporting Person: 3,016,000** - -------------------------------------------------------------------------------- 12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions): Not Applicable - -------------------------------------------------------------------------------- 13) Percent of Class Represented by Amount in Row (11): 5.2%** - -------------------------------------------------------------------------------- 14) Type of Reporting Person (See Instructions): IN - -------------------------------------------------------------------------------- * This is a joint filing by Udi Toledano ("Toledano") and Fred S. Fraenkel ("Fraenkel"). Toledano and Fraenkel share voting and investment control over all securities owned by Millennium 3 Opportunity Fund, LLC, a Delaware limited liability company (the "Fund"). The interest of each of Toledano and Fraenkel in the securities described in this Schedule is limited to the extent of his pecuniary interest in the Fund. ** Consists of (i) 2,381,000 shares of Common Stock issuable upon exercise of warrants owned by the Fund and exercisable within 60 days and (ii) 635,000 shares of Common Stock owned by the Fund, as of March 18, 2004. - -------------------------------------------------------------------------------- CUSIP NO. 98155N106 - -------------------------------------------------------------------------------- 1) Names of Reporting Persons. I.R.S. Identification Nos. of Above Persons (entities only): Fred S. Fraenkel - -------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions): (a) (b) - -------------------------------------------------------------------------------- 3) SEC Use Only - -------------------------------------------------------------------------------- 4) Source of Funds (See Instructions): WC - -------------------------------------------------------------------------------- 5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e): Not Applicable - -------------------------------------------------------------------------------- 6) Citizenship or Place of Organization: United States of America - -------------------------------------------------------------------------------- Number of 7) Sole Voting Power: 0 ------------------------------------------ Shares Beneficially 8) Shared Voting Power: 3,016,000* ------------------------------------------ Owned by Each Reporting 9) Sole Dispositive Power: 0 ------------------------------------------ Person With: 10) Shared Dispositive Power: 3,016,000* ------------------------------------------ - -------------------------------------------------------------------------------- 11) Aggregate Amount Beneficially Owned by Each Reporting Person: 3,016,000** - -------------------------------------------------------------------------------- 12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions): Not Applicable - -------------------------------------------------------------------------------- 13) Percent of Class Represented by Amount in Row (11): 5.2%** - -------------------------------------------------------------------------------- 14) Type of Reporting Person (See Instructions): IN - -------------------------------------------------------------------------------- *This is a joint filing by Toledano and Fraenkel. Toledano and Fraenkel share voting and investment control over all securities owned by the Fund. The interest of each of Toledano and Fraenkel in the securities described in this Schedule is limited to the extent of his pecuniary interest in the Fund. **Consists of (i) 2,381,000 shares of Common Stock issuable upon exercise of warrants owned by the Fund and exercisable within 60 days and (ii) 635,000 shares of Common Stock owned by the Fund, as of March 18, 2004. - -------------------------------------------------------------------------------- Udi Toledano ("Toledano") and Fred S. Fraenkel ("Fraenkel" and together with Toledano, the "Reporting Persons") hereby further amend the Schedule 13D (the "Schedule 13D") of WorldWater Corp. (the "Issuer") relating to the shares of common stock, par value $0.001 per share (the "Common Stock"), of the Issuer as follows: Item 5. Interest in Securities of the Issuer ------------------------------------ Based upon the Company's Quarterly Report on Form 10-QSB for the quarterly period ended September 30, 2003, as of November 24, 2003, there were 52,219,220 shares of Common Stock issued and outstanding. As of the close of business on March 18, 2004, the Reporting Persons beneficially owned warrants to purchase 2,381,000 shares of Common Stock and an additional 635,000 shares of Common Stock. This constitutes, assuming the exercise of all of the warrants beneficially owned by the Fund, an aggregate of approximately 5.2% of the outstanding shares of Common Stock of the Issuer. The Reporting Persons have shared power to vote and dispose of all such securities of the Issuer. The following table details the transactions effected since the date of event which required the filing of the Schedule 13D Amendment No. 6 by the Reporting Persons in shares of Common Stock, or securities convertible into, exercisable for or exchangeable for shares of Common Stock, by the Reporting Persons or any other person or entity controlled by them or any person or entity for which they possess voting or investment control over the securities thereof (each of which were effected in an ordinary brokerage transaction): (Sales) Date Quantity Price ---- -------- ----- February 27, 2004 29,700 $0.17 February 27, 2004 30,000 $0.175 February 27, 2004 20,000 $0.18 February 25, 2004 35,000 $0.145 February 26, 2004 60,000 $0.155 February 26, 2004 20,000 $0.16 February 26, 2004 27,500 $0.165 February 26, 2004 10,000 $0.17 March 5, 2004 50,000 $0.195 March 8, 2004 75,000 $0.195 March 9, 2004 70,000 $0.195 March 12, 2004 55,000 $0.185 March 12, 2004 20,000 $0.19 March 15, 2004 20,000 $0.185 March 15, 2004 10,000 $0.19 March 16, 2004 35,000 $0.185 March 18, 2004 60,000 $0.18 March 18, 2004 60,000 $0.185 Except as set forth herein, no additional transactions were effected since the date of event which required the filing of the Schedule 13D Amendment No. 6 by the Reporting Persons in shares of Common Stock, or securities convertible into, exercisable for or exchangeable for shares of Common Stock, by the Reporting Persons or any other person or entity controlled by them or any person or entity for which they possess voting or investment control over the securities thereof. Other than the Reporting Persons and persons invested in the Fund, no other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities referred to in this Schedule. Item 7. Material to be filed as exhibits -------------------------------- 99.10 Joint Filing Agreement dated as of March 19, 2004, by and between Udi Toledano and Fred S. Fraenkel SIGNATURE --------- After reasonable inquiry and to the best of the undersigned's knowledge and belief, the undersigned hereby certifies that the information set forth in this statement is true, complete and correct. March 19, 2004 /s/ Udi Toledano ------------------------------------ Udi Toledano /s/ Fred S. Fraenkel ------------------------------------ Fred S. Fraenkel ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001). EXHIBIT INDEX 99.10 Joint Filing Agreement dated as of March 19, 2004, by and between Udi Toledano and Fred S. Fraenkel EX-99 3 exh9910amnt7.txt SXH99 Exhibit 99.10 JOINT FILING AGREEMENT The undersigned agree that this Schedule 13D filing herewith relating to securities of WorldWater Corp. is filed jointly on behalf of each of the undersigned pursuant to Rule 13d-1(k). Dated: March 19, 2004 /s/ Udi Toledano ------------------------------------ Udi Toledano /s/ Fred S. Fraenkel ------------------------------------ Fred S. Fraenkel -----END PRIVACY-ENHANCED MESSAGE-----