-----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, Ie7VKp4JVKIGF482zum93K4IHlok6rE1AdJZSCi9qAV8mtS/UcrLuirlqbW4bQVP qBmIs12pbf1TQsbv0P+zfg== 0000930661-98-002537.txt : 19981202 0000930661-98-002537.hdr.sgml : 19981202 ACCESSION NUMBER: 0000930661-98-002537 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19981201 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PENN OCTANE CORP CENTRAL INDEX KEY: 0000893813 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-PETROLEUM & PETROLEUM PRODUCTS (NO BULK STATIONS) [5172] IRS NUMBER: 521790357 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-46901 FILM NUMBER: 98761725 BUSINESS ADDRESS: STREET 1: 900 VETERANS BLVD STE 240 CITY: REDWOOD CITY STATE: CA ZIP: 94063 BUSINESS PHONE: 4153681501 MAIL ADDRESS: STREET 1: 900 VETERANS BLVD STE 240 CITY: REDWOOD CITY STATE: CA ZIP: 94063 FORMER COMPANY: FORMER CONFORMED NAME: INTERNATIONAL ENERGY DEVELOPMENT CORP DATE OF NAME CHANGE: 19940302 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KFP GRAND LTD CENTRAL INDEX KEY: 0001074444 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 753605263 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 545 E JOHN CARPENTER FREEWAY SUITE 1400 CITY: IRVING STATE: TX ZIP: 75062 BUSINESS PHONE: 9724449700 MAIL ADDRESS: STREET 1: 545 E JOHN CARPENTER FREEWAY SUITE 1400 CITY: IRVING STATE: TX ZIP: 75062 SC 13G 1 SCHEDULE 13G SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO 13d-1(b) (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(b) (AMENDMENT NO. __)* PENN OCTANE CORPORATION -------------------------------------------------------- (Name of Issuer) Common Stock, Par Value $0.01 Per Share -------------------------------------------------------- (Title of Class of Securities) 70757610 -------------------------------------------------------- (CUSIP Number) November 20, 1998 -------------------------------------------------------- (Date of Event Which Requires Filing of this Schedule) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [X] Rule 13d-1(c) [ ] Rule 13d-1(d) _____________________ *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 the disclosures provided in a prior cover page. 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 (however, see the Notes). - ----------------------- --------------------- CUSIP NO. 70757610 13G PAGE 2 OF 5 PAGES - ----------------------- --------------------- - ------------------------------------------------------------------------------ NAME OF REPORTING PERSON 1 S. S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON KFP Grand, Ltd. IRS ID# 75-360-5263 - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2 (a) [_] (b) [_] Not Applicable - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 4 Texas - ------------------------------------------------------------------------------ SOLE VOTING POWER 5 NUMBER OF 590,000 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 6 OWNED BY -0- ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 7 REPORTING 590,000 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 8 -0- - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9 590,000 - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* 10 Not Applicable [ ] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 11 5.9% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON* 12 PN - ------------------------------------------------------------------------------ *SEE INSTRUCTION BEFORE FILLING OUT! ITEM 1. (a) Name of Issuer PENN OCTANE CORPORATION (b) Address of Issuer's Principal Executive Offices 900 Veterans Boulevard, Suite 240 Redwood City, California 94063 ITEM 2. (a) Name of Person Filing: KFP GRAND, LTD., a Texas Limited Partnership (the "Partnership"), whose general partner is Grosvenor, L.L.C., a Texas limited liability company (the "General Partner") (b) Address of Principal Business Office or, if none, Residence: 545 E. John Carpenter Freeway, Suite 1400 Irving, Texas 75062 (c) Citizenship: Texas limited partnership (d) Title of Class of Securities: Common Stock, Par Value $0.01 Per Share (e) CUSIP Number: 70757610 (a) Name of General Partner of Person Filing: Grosvenor, L.L.C., a Texas limited liability company (b) Address of Principal Business Office or, if none, Residence: 545 E. John Carpenter Freeway, Suite 1400 Irving, Texas 75062 (c) Citizenship: Texas limited liability company (d) Title of Class of Securities: Common Stock, Par Value $0.01 Per Share (e) CUSIP Number: 70757610 (a) Name of Manager of Person Filing: Robert Lamse (b) Address of Principal Business Office or, if none, Residence: 545 E. John Carpenter Freeway, Suite 1400 Irving, Texas 75062 (c) Citizenship: United States (d) Title of Class of Securities: Common Stock, Par Value $0.01 Per Share (e) CUSIP Number: 70757610 (a) Name of Manager of Person Filing: Mahmood Khimji, Manager of General Partner (b) Address of Principal Business Office or, if none, Residence: 545 E. John Carpenter Freeway, Suite 1400 Irving, Texas 75062 (c) Citizenship: Canadian (d) Title of Class of Securities: Common Stock, Par Value $0.01 Per Share (e) CUSIP Number: 70757610 (a) Name of Manager of Person Filing: Mehdi Khimji, Manager of General Partner (b) Address of Principal Business Office or, if none, Residence: 545 E. John Carpenter Freeway, Suite 1400 Irving, Texas 75062 (c) Citizenship: Canadian (d) Title of Class of Securities: Common Stock, Par Value $0.01 Per Share (e) CUSIP Number: 70757610 (a) Name of Manager of Person Filing: Jaffer Khimji, Manager of General Partner (b) Address of Principal Business Office or, if none, Residence: 545 E. John Carpenter Freeway, Suite 1400 Irving, Texas 75062 (c) Citizenship: Canadian (d) Title of Class of Securities: Common Stock, Par Value $0.01 Per Share (e) CUSIP Number: 70757610 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) [ ] 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 advisor 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). If this statement is filed pursuant to Rule 13d-1(c), check this box. [X] ITEM 4. OWNERSHIP* (a) Amount Beneficially Owned: 590,000 (b) Percent of Class: 5.9% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 590,000 shares of the issuer's common stock (ii) shared power to vote or to direct the vote: None (iii) sole power to dispose or to direct the disposition of: 590,000 shares of the issuer's common stock (iv) shared power to dispose or to direct the disposition of: None * The following responses apply to each person named in Item 2. The Partnership has the sole power to vote and dispose of the 590,000 shares of the issuer's common stock. The General Partner and the Managing Directors of the General Partner are included as reporting persons in this Schedule 13G as a result of their shared direct and indirect control of the Partnership's activities. 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 not acquired are 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. 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. November 30, 1998 ----------------------------------------- (Date) KFP GRAND, LTD.: By GROSVENOR, L.L.C., Its General Partner By: /s/ Robert Lamse -------------------------------------- Managing Director -----END PRIVACY-ENHANCED MESSAGE-----