-----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, BwrEU7UofMXXhaiH+AZAu0luaIf6IpDYW1NMMPdTFqRpndb1U874zDJX8JFMkGgS YYRkulwKydwv25OqPswUog== 0001130381-05-000005.txt : 20050215 0001130381-05-000005.hdr.sgml : 20050215 20050214203427 ACCESSION NUMBER: 0001130381-05-000005 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050215 DATE AS OF CHANGE: 20050214 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MFRI INC CENTRAL INDEX KEY: 0000914122 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL & COMMERCIAL FANS & BLOWERS & AIR PURIFYING EQUIP [3564] IRS NUMBER: 363922969 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-43197 FILM NUMBER: 05614278 BUSINESS ADDRESS: STREET 1: 7720 LEHIGH AVE CITY: NILES STATE: IL ZIP: 60714 BUSINESS PHONE: 8479661000 MAIL ADDRESS: STREET 1: 7720 LEHIGH AVE CITY: NILES STATE: IL ZIP: 60714 FORMER COMPANY: FORMER CONFORMED NAME: MIDWESCO FILTER RESOURCES INC DATE OF NAME CHANGE: 19970402 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WEDBUSH, Inc. CENTRAL INDEX KEY: 0001130381 IRS NUMBER: 953565499 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 1000 WILSHIRE BLVD CITY: LOS ANGELES STATE: CA ZIP: 90017 BUSINESS PHONE: 2136888080 MAIL ADDRESS: STREET 1: 1000 WILSHIRE BLVD CITY: LOS ANGELES STATE: CA ZIP: 90017 FORMER COMPANY: FORMER CONFORMED NAME: E CAPITAL CORP DATE OF NAME CHANGE: 20001221 SC 13G/A 1 mfri05.txt OMB APPROVAL OMB Number 3235-0145 Expires: December 31, 2002 Estimated average burden Hours per response....11 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE13G Under the Securities Exchange Act of 1934 (Amendment No____3____)* MFRI, INC. - --------------------------------------------------------------------- (Name of Issuer) Common - --------------------------------------------------------------------- (Title of Class of Securities) 552721102 ----------------- (CUSIP Number) 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 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). Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1745 (3-98) Page 1 of 7 CUSIP No. 552721102 - -------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) WEDBUSH, Inc. - --------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) /x/ (b) / / - --------------------------------------------------------------------- 3. SEC Use Only - --------------------------------------------------------------------- 4. Citizenship or Place of Organization California - --------------------------------------------------------------------- Number of Shares 5. Sole Voting Power 242,709 Beneficially by ---------------------------------------------- Owned by Each 6. Shared Voting Power 305,309 Reporting ---------------------------------------------- Person With: 7. Sole Dispositive Power 242,709 ---------------------------------------------- 8.Shared Dispositive Power 305,609 - --------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 305,609 - --------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) /x/ - --------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 6.2% - --------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) - --------------------------------------------------------------------- CO Page 2 of 7 CUSIP No. 552721102 - -------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Edward W. Wedbush - --------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) /x/ (b) / / - --------------------------------------------------------------------- 3. SEC Use Only - --------------------------------------------------------------------- 4. Citizenship or Place of Organization United States of America - --------------------------------------------------------------------- Number of Shares 5. Sole Voting Power 62,600 Beneficially by ---------------------------------------------- Owned by Each 6. Shared Voting Power 305,309 Reporting ---------------------------------------------- Person With: 7. Sole Dispositive Power 62,600 ---------------------------------------------- 8.Shared Dispositive Power 305,609 - --------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 305,609 - --------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) /x/ - --------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 6.2% - --------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) - --------------------------------------------------------------------- IN Page 3 of 7 Cusip No. 552721102 13G MFRI, INC. - --------------------------------------------------------------------- Item 1. Name and Address of Issuer. (a) This statement relates to the shares of the common stock of MFRI, INC. ("Issuer"). (b) Issuer's address: 7720 Lehigh Avenue, Niles, Illinois 60714 Item 2. Filers (a) This statement is filed by WEDBUSH, Inc. ("WI") and by Edward W. Wedbush ("EWW"). (b) Business address of the above filers are as follows: WI - 1000 Wilshire Blvd., Los Angeles, CA 90017-2459 EWW - P.O. Box 30014, Los Angeles, CA 90030-0014 (c) WI is a California corporation and EWW is a citizen of the United States of America. (d) Common stock (e) 552721102 Item 3. Classification of Filers (a)--(g) Not applicable Page 4 of 7 Item 4. Ownership (a) WI has sole ownership of 242,709 Shares of the Issuer and EWW has sole ownership of 62,600 Shares. (b) Of the Shares outstanding, WI owns approximately 4.93% and EWW owns approximately 1.27%. (c) Number of Shares as to which the filer has: (i) Sole power to vote: WI has sole power to vote on 242,709 Shares and EWW has 62,6000 sole Shares. (ii) Shared power to vote: WI has 305,309 Shares and EWW has 305,309 Shares. (iii) Sole power to dispose: WI has sole power to dispose on 242,709 Shares and EWW has 62,600 Shares to dispose. (iv) Shared power to dispose; WI has 305,609 Shares and EWW has 305,609 Shares. 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. Not applicable. Item 7. Identification and Classification of Subsidiary which Acquired the Securities Being Reported on by the Parent Holding Company. Not Applicable. Page 5 of 7 Item 8. Identification and Classification of Members of a Group. Name Category No.ofShares Percentage WEDBUSH, Inc. CO 242,709 4.93% Edward W. Wedbush IN 62,600 1.27% EWW is the chairman of WI. EWW owns a majority of the outstanding Shares of WI. Accordingly, EWW may be deemed the beneficial owner of the Issuer's Shares owned by WI. However, beneficial ownership of the Issuer's Shares is hereby disclaimed by EWW. Item 9. Notice of Dissolution of Group. Not applicable. Page 6 of 7 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 such 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. WEDBUSH, Inc. 1/28/05 - --------------------------- Date ERIC D. WEDBUSH - ------------------ Eric D. Wedbush - --------------------------- Signature ERIC D. WEDBUSH - ------------------ Eric D. Wedbush/ President - --------------------------- Name/Title Edward W. Wedbush 1/28/05 - --------------------------- Date EDWARD W. WEDBUSH - ------------------ Edward W. Wedbush - --------------------------- Signature EDWARD W. WEDBUSH - ------------------ Edward W. Wedbush - --------------------------- Name/Title Page 7 of 7 -----END PRIVACY-ENHANCED MESSAGE-----