-----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, QnhfC7W9aKX2H78X3RvVKXO520GgCPXUKLe+/9jxJHS+4UesCghdEAy7PCMr93Ty 5ZqamAVezdxH6bIwnm/uVQ== 0001094891-00-000086.txt : 20000210 0001094891-00-000086.hdr.sgml : 20000210 ACCESSION NUMBER: 0001094891-00-000086 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000209 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: LATIN AMERICAN CASINOS INC CENTRAL INDEX KEY: 0000880242 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-AUTO DEALERS & GASOLINE STATIONS [5500] IRS NUMBER: 650159115 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-56667 FILM NUMBER: 528302 BUSINESS ADDRESS: STREET 1: 200 NE 164TH ST CITY: NORTH MIAMI BEACH STATE: FL ZIP: 33162 BUSINESS PHONE: 3057561000 MAIL ADDRESS: STREET 1: 200 NE 164TH ST CITY: N MIAMI BEACH STATE: FL ZIP: 33162 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MEYERSON M H & CO INC /NJ/ CENTRAL INDEX KEY: 0000913781 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] IRS NUMBER: 131924455 STATE OF INCORPORATION: NJ FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: NEWPORT TOWER 525 WASHINGTON BLVD STREET 2: 34TH FLOOR CITY: JERSEY CITY STATE: NJ ZIP: 07310 BUSINESS PHONE: 2014599500 MAIL ADDRESS: STREET 1: 525 WASHINGTON BLVD STREET 2: 34TH FLOOR CITY: JERSEY CITY STATE: NJ ZIP: 07310 SC 13G/A 1 AMENDED SCHEDULE 13G OMB APPROVAL ------------------------ OMB Number: 3235-0145 ------------------------ UNITED STATES Expires: August 31, 1999 SECURITIES AND EXCHANGE COMMISSION Estimated average burden Washington, D.C. 20549 hours per form ....14.90 ------------------------ SCHEDULE 13G INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) (Rule 13d-102) (Amendment No. ) Latin American Casinos Inc. --------------------------- (Name of Issuer) Common Stock, $.00067 par value ------------------------------- (Title Class of Securities) 51827W103 -------------- (CUSIP Number) December 31, 1999 - ------------------------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) 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) Page 1 of 4 pages SCHEDULE 13G CUSIP No. 51827W103 Page 2 of 4 Pages - -------------------------- ------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (entities only) M.H. Meyerson & Co., Inc. - -------------------------------------------------------------------------------- 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 - Working Capital - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION State of Delaware - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 796,101 NUMBER OF ---------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY ---------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING PERSON 796,101 WITH ---------------------------------------------------- 10 SHARED DISPOSITIVE POWER - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 796,101 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 20.1% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* BD, CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. Page 2 of 4 pages 11491.1 Item 1. (a) Name of Issuer: Latin American Casinos Inc. (b) Address of Issuer's Principal Executive Offices: 2000 NE 164th Street North Miami Beach, Florida 33162 Item 2. (a) Name of Person Filing: M.H.Meyerson & Co., Inc. (b) Address of Principal Business Office: 525 Washington Boulevard Jersey City, New Jersey 07503 (c) Citizenship: Delaware corporation (d) Title of Class of Securities: Common Stock, $.00067 pa value (e) CUSIP Number: 51827W103 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) |_| An investment in accordance with Rule 13d-1(b)(1)(ii)(E) (f) |_| An employee benefit plan 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 Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount Beneficially Owned: M.H. Meyerson & Co., Inc. beneficially owns an aggregate of 796,101 shares of Common Stock of Latin American Casinos Inc. This amount represents 215,531 shares of Common Stock and 530,195 common stock purchase warrants which are held in the trading account of M.H. Meyerson & Co., Inc. This amount also includes 50,375 shares of Common Stock that may be purchased by M.H. Meyerson & Co., Inc. upon exercise of fully vested investment banking warrants issued June 5, 1998 ("IB warrants"). M.H. Meyerson & Co., Inc. is a publicly traded corporation. Mr. Martin H. Meyerson, the Chairman of the Board and a director of the company beneficially owns 2,465,190 shares of common stock, representing 44%, of M.H. Meyerson & Co., Inc. Mr. Meyerson is the registered holder of IB Warrants to acquire 50,375 shares of Common Stock of Latin American Casinos Inc. (b) Percent of Class: 20.5% (c) Number of shares as to which such person has: (i) sole power to vote or to direct vote: 796,101 (ii) shared power to vote or to direct vote: (iii) sole power to dispose or to direct the disposition of: 796,101 Page 3 of 4 pages (iv) shared power to dispose or to direct the disposition of: Item 5. Ownership of Five Percent or Less of a Class Not applicable. 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 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. Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having that purpose or effect. 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. February 8,2000 ---------------------------- Date /s/ Michael Silvestri --------------------- Signature Michael Silvestri, President ------------------------------ Name/Title Page 4 of 4 pages 4 -----END PRIVACY-ENHANCED MESSAGE-----