X0202 4 2004-11-29 0000003982 ALLIS CHALMERS CORP ALY 0001254407 TOBOROFF LEONARD 39 N. MOORE STREET NEW YORK, NY 10013 1 0 1 0 Common Stock 2004-11-29 4 P 0 30000 3.00 A 47861 I See Note Common Stock 238667 D Reflects one-to-five reverse stock split effected June 10, 2004. Includes 32,860 shares and 5,001 shares, respectively, owned by Lenny Corp., a New York corporation, and the Leonard Toboroff P.C. Profit Sharing Trust 002. Mr. Toboroff is the 100% shareholder of Lenny Corp. and is the sole trustee and beneficiary of the profit sharing trust. (1) David Wilde is President and COO of Strata Directional Technologies, Inc., a wholly-owned subsidiary of Allis-Chalmers Corporation. Leonard Toboroff 2004-11-30