0000912057-01-535594.txt : 20011019
0000912057-01-535594.hdr.sgml : 20011019
ACCESSION NUMBER: 0000912057-01-535594
CONFORMED SUBMISSION TYPE: SC 13D/A
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20011016
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: BLACK WARRIOR WIRELINE CORP
CENTRAL INDEX KEY: 0000839871
STANDARD INDUSTRIAL CLASSIFICATION: OIL, GAS FIELD SERVICES, NBC [1389]
IRS NUMBER: 112904094
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-47433
FILM NUMBER: 1760240
BUSINESS ADDRESS:
STREET 1: 3748 HWY 45 N
CITY: COLUMBUS
STATE: MS
ZIP: 38701
BUSINESS PHONE: 6013291047
MAIL ADDRESS:
STREET 1: 3748 HWY 45 N
CITY: COLUMBUS
STATE: MS
ZIP: 39701
FORMER COMPANY:
FORMER CONFORMED NAME: TELETEK LTD
DATE OF NAME CHANGE: 19890719
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: SJMB LP
CENTRAL INDEX KEY: 0001064659
STANDARD INDUSTRIAL CLASSIFICATION: []
IRS NUMBER: 760559975
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D/A
BUSINESS ADDRESS:
STREET 1: 1980 POST OAK
STREET 2: SUITE 1980
CITY: HOUSTON
STATE: TX
ZIP: 77056
BUSINESS PHONE: 7138710799
MAIL ADDRESS:
STREET 1: 1980 POST OAK
STREET 2: SUITE 1980
CITY: HOUSTON
STATE: TX
ZIP: 77056
SC 13D/A
1
a2061249zsc13da.txt
SC 13D/A
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13D/A
UNDER THE SECURITIES EXCHANGE ACT OF 1934
BLACK WARRIOR WIRELINE CORP.
(NAME OF ISSUER)
COMMON STOCK, PAR VALUE $.0005 PER SHARE
(TITLE OF CLASS OF SECURITIES)
092260504
(CUSIP NUMBER)
JOHN L. THOMPSON
SJMB, L.P.
C/O SJMB, L.L.C.
4295 SAN FELIPE, SUITE 200
HOUSTON, TEXAS 77027
(713) 871-0799
(NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON
AUTHORIZED TO RECEIVE NOTICES AND COMMUNICATIONS)
SEPTEMBER 10, 2001
(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. [ ]
CHECK THE FOLLOWING BOX IF A FEE IS BEING PAID WITH THIS STATEMENT. [ ]
The information required in 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.
CUSIP No. 458144102 13D/A
--------------------------------------------------------------------------------
| 1 | NAMES OF REPORTING PERSONS
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
| | SJMB, LLC 76-0559974
--------------------------------------------------------------------------------
| 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
| | Delaware
--------------------------------------------------------------------------------
| 7 | SOLE VOTING POWER
NUMBER OF | | 56,236,034
SHARES ---------------------------------------------------------
BENEFICIALLY | 8 | SHARED VOTING POWER
OWNED BY EACH | | 0
REPORTING ---------------------------------------------------------
PERSON WITH | 9 | SOLE DISPOSITIVE POWER
| | 56,236,034
---------------------------------------------------------
|10 | SHARED DISPOSITIVE POWER
| | 0
--------------------------------------------------------------------------------
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
| | 56,236,034
--------------------------------------------------------------------------------
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
| | SHARES * [ ]
--------------------------------------------------------------------------------
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
| | 88.3%
--------------------------------------------------------------------------------
| 14 | TYPE OF REPORTING PERSON *
| | CO
--------------------------------------------------------------------------------
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ITEM 1. Security and Issuer.
This statement constitutes Amendment No. 3 to the statement on Schedule 13D
filed with the Securities and Exchange Commission on July 16, 1998, (the
"Original Filing"), with respect to shares of the common stock, par value $.0005
per share (the "Common Stock"), of Black Warrior Wireline, Corp., a Delaware
corporation ("BWWC") of 3748 Highway #45 North, Columbus, Mississippi 39701,
beneficially owned by SJMB, L.P., a Delaware partnership ("SJMB"). This
Amendment No. 3 reflects certain material changes in the information set forth
in the Original Statement, as follows:
Except as specifically provided herein, this Amendment does not modify any of
the information previously reported on the Schedule 13D, as amended.
ITEM 5. Interest in Securities of the Issuer.
Item 5 is hereby amended to add the following:
On September 10, 2001, SJMB acquired three BWWC convertible promissory notes
with principal balances aggregating $1,600,000 and related accrued interest and
warrants to purchase 5,330,000 shares of BWWC Common Stock. These securities
were purchased from third parties in private transactions. The convertible
promissory notes have a conversion price of $0.75 per share, and the warrants
have an exercise price of $0.75 per share.
On September 14, 2001, SJMB extended the maturity date of all of its BWWC
promissory notes to December 31, 2004. As consideration for extending the
maturity dates, the interest rates of all BWWC loans held by SJMB was raised to
15%. In addition to the $1,600,000 of loans purchased on September 10, 2001,
SJMB held one loan with a principal balance of $750,000, which already accrued
interest at 15%. As consideration for extending these loans, BWWC is obligated
to issue SJMB additional warrants if certain conditions are not meet.
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: October 16, 2001
SJMB, L.L.C.
By: /s/ JAMES H. HARRISON
Name: James H. Harrison
Title: Vice President
SJMB, L.P.
By: SJMB, L.L.C.,
General Partner
By: /s/ JAMES H. HARRISON
Name: James H. Harrison
Title: Vice President
-3-