-----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, PB3hywf8cUX0U4Nu6HHc+vtXjfUij/5Dl6lo6LSewqrpj2bMIWA1jWmlKt2eHH/o rDTA0ias5R8yj7oFdLFXUg== 0000950144-99-011256.txt : 19990920 0000950144-99-011256.hdr.sgml : 19990920 ACCESSION NUMBER: 0000950144-99-011256 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990917 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: JOHNSTON INDUSTRIES INC CENTRAL INDEX KEY: 0000041017 STANDARD INDUSTRIAL CLASSIFICATION: BROADWOVEN FABRIC MILS, MAN MADE FIBER & SILK [2221] IRS NUMBER: 111749980 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-10249 FILM NUMBER: 99713120 BUSINESS ADDRESS: STREET 1: 105 THIRTEENTH ST CITY: COLUMBUS STATE: GA ZIP: 31901 BUSINESS PHONE: 7066413140 MAIL ADDRESS: STREET 2: 105 THIRTEENTH ST CITY: COLUMBUS STATE: GA ZIP: 31901 FORMER COMPANY: FORMER CONFORMED NAME: GI EXPORT CORP DATE OF NAME CHANGE: 19850403 FORMER COMPANY: FORMER CONFORMED NAME: GEON INDUSTRIES INC DATE OF NAME CHANGE: 19770921 FORMER COMPANY: FORMER CONFORMED NAME: GEON TRADING CORP DATE OF NAME CHANGE: 19700915 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GRM INDUSTRIES INC /TN/ CENTRAL INDEX KEY: 0000929123 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 311057921 STATE OF INCORPORATION: TN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: C/O BEU LANNING STREET 2: 3968 WINMAN LINS RR #2 ORILLA LZV 6H2 CITY: ONTARIO CANADA STATE: A6 ZIP: 37058 BUSINESS PHONE: 5615453122 MAIL ADDRESS: STREET 1: C/O DAVID L CHANDLER STREET 2: P O BOX 1350 CITY: HOBE SOUND STATE: FL ZIP: 33475 SC 13D/A 1 JOHNSTON INDUST. INC./GRM INDUST. SC 13D AM.#12 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D (RULE 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) (Amendment No. 12)* Johnston Industries, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $.10 per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 361719 10 7 - -------------------------------------------------------------------------------- (CUSIP Number) Michael V. Mitrione, Esq. Gunster, Yoakley, Valdes-Fauli & Stewart, P.A. 777 S. Flagler Drive, Suite 500 East West Palm Beach, Florida 33401 (561) 655-1980 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) June 16, 1999 - -------------------------------------------------------------------------------- (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(e), 13d-1(f) or 13d-1(g), check the following box [ ]. NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for other parties to whom copies are to be sent. *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 disclosures provided in a prior cover page. The information required on 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 (the "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). Page 1 of 3 Pages 2 CUSIP No. 361719 10 7 Page 2 of 3 Pages - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS GRM Industries, Inc. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) 31-105-7921 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC and OO - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Tennessee - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER 3,388,704 SHARES BENEFICIALLY ----------------------------------------------------- OWNED BY 8 SHARED VOTING POWER EACH REPORTING ----------------------------------------------------- PERSON WITH 9 SOLE DISPOSITIVE POWER 3,388,704 ----------------------------------------------------- 10 SHARED DISPOSITIVE POWER - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,388,704 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 31.6% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- 3 AMENDMENT NO. 12 TO SCHEDULE 13D This Schedule 13D is hereby amended as follows: Item 5, INTEREST IN SECURITIES OF THE ISSUER, is amended in its entirety to read: As of the date of this report, GRM Industries, Inc. ("GRM") held sole voting and investment power in the following shares of Johnston Industries, Inc. (the "Issuer") Common Stock: Number of Shares of Johnston Common Stock Ownership Nature of Ownership ------------------- --------- ------------------- 3,388,704 Direct ------------ Total: 3,388,704 shares beneficially owned by GRM as of June 16, 1999. This amount equals 31.6% of the outstanding shares of the Issuer, based on the shares outstanding as of March 22, 1999 (as reported in the Issuer's Form 10-Q for the quarterly period ended April 3, 1999 filed with the SEC on May 18, 1999). On June 16, 1999, 155,000 shares beneficially owned by GRM were sold on the New York Stock Exchange for $2.0008 per share. 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. July 8, 1999 ---------------------------------------- (Date) GRM Industries, Inc. By: /s/ Allyn P. Chandler ------------------------------------ Allyn P. Chandler, President and Chief Executive Officer Page 3 of 3 Pages -----END PRIVACY-ENHANCED MESSAGE-----