-----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, IIaAJJO+aNSy9GnuWx2B7k4/xDDrhzhf7NpzDOi230HKMk7+fReDRrrIOf6k88XN vczI6BqeaUm8VasoiIqjhA== 0000890163-99-000060.txt : 19990217 0000890163-99-000060.hdr.sgml : 19990217 ACCESSION NUMBER: 0000890163-99-000060 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990216 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MILESTONE SCIENTIFIC INC/NJ CENTRAL INDEX KEY: 0000855683 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 133545623 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-51555 FILM NUMBER: 99542111 BUSINESS ADDRESS: STREET 1: 220 S ORANGE AVE STREET 2: LIVINGSTON CORPORATE PARK CITY: LIVINGSTON STATE: NJ ZIP: 07039 BUSINESS PHONE: 2013793171 MAIL ADDRESS: STREET 1: 44 KEAN ROAD STREET 2: 220 SOUTH ORANGE AVE CITY: LIVINGSTON STATE: NJ ZIP: 07039 FORMER COMPANY: FORMER CONFORMED NAME: U S OPPORTUNITY SEARCH INC DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MACKIE R A & CO L P CENTRAL INDEX KEY: 0000865493 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 133481256 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 18 NORTH ASTOR STREET CITY: IRVINGTON STATE: NY ZIP: 10533-038 BUSINESS PHONE: 9145915860 MAIL ADDRESS: STREET 1: P. O. BOX 380 CITY: IRVINGTON STATE: NY ZIP: 10533-038 SC 13G 1 SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ------------------------- SCHEDULE 13G ------------------------- INFORMATION STATEMENT PURSUANT TO RULES 13D-1 AND 13D-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. )* ADVANCED ENVIRONMENTAL RECYCLING TECHNOLOGIES, INC. (NAME OF ISSUER) COMMON STOCK (TITLE OF CLASS OF SECURITIES) 00794-71-04 (CUSIP NUMBER) DECEMBER 31, 1998 - -------------------------------------------------------------------------------- (DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT) 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. 00794-71-04 13G Page 2 of 7 Pages 1. NAME OF REPORTING PERSON, I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): Robert A. Mackie, Jr., Social Security No. ###-##-#### 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*: (a) |_| (b) |X| 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware NUMBER OF SHARES 5. SOLE VOTING POWER: 1,482,000 BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 6. SHARED VOTING POWER: 465,736 7. SOLE DISPOSITIVE POWER: 1,482,000 8. SHARED DISPOSITIVE POWER: 465,736 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 1,947,736 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES:* |_| 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 8.23% 12. TYPE OF REPORTING PERSON*: IN - ------------------------------ * See Instructions before filling out! CUSIP NO. 00794-71-04 13G Page 3 of 7 Pages 1. NAME OF REPORTING PERSON, I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): R.A. Mackie & Co., L.P., Fed. I.D. No. 13-3553219 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*: (a) |_| (b) |X| 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware NUMBER OF SHARES 5. SOLE VOTING POWER: BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 6. SHARED VOTING POWER: 465,736 7. SOLE DISPOSITIVE POWER: 8. SHARED DISPOSITIVE POWER: 465,736 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 465,736 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES:* |_| 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 2.06% 12. TYPE OF REPORTING PERSON*: BD - ------------------------------ * See Instructions before filling out! CUSIP NO. 00794-71-04 13G Page 4 of 7 Pages Schedule 13G of Robert A. Mackie, Jr. and R.A. Mackie & Co., L.P. with respect to the Class A common stock (the "Common Shares") of Advanced Environmental Recycling Technologies, Inc. (the "Company"). ITEM 1 (a) NAME OF ISSUER: Advanced Environmental Recycling Technologies, Inc. ITEM 1 (b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 901 W. Robinson, Springdale, Arkansas. ITEM 2 (a) NAME OF PERSON FILING: Robert A. Mackie, Jr. R.A. Mackie & Co., L.P. ITEM 2 (b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: 18 North Astor Street, Irvington, New York 10533. ITEM 2 (c) CITIZENSHIP: R.A. Mackie & Co., L.P. is a Delaware limited partnership. Robert A. Mackie, Jr. ITEM 2 (d) TITLE OF CLASS OF SECURITIES: Class A Common Stock (the "Common Shares") ITEM 2 (e) CUSIP NUMBER: 00794-71-20 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 Securities Exchange Act of 1934 (the "Act") (b) ( ) Bank as defined in Section 3(a)(6) of the Act (c) ( ) Insurance Company as defined in Section 3(a)(19) of the Act (d) ( ) Investment Company registered under Section 8 of the Investment Company Act of 1940 (e) ( ) An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); CUSIP NO. 00794-71-04 13G Page 5 of 7 Pages (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) ( ) A 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: 1,947,736 (b) Percentage of Class: 8.23% (based on the 22,135,330 Common Shares reported to be outstanding in the Company's Quarterly Report on Form 10-QSB for the quarter ended September 30, 1998 and after giving effect to the shares issuable upon exercise of the warrants held by them). (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 1,482,000 (ii) shared power to vote or to direct the vote: 465,736 (iii) sole power to dispose or to direct the disposition of: 1,482,000 (iv) shared power to dispose to direct the disposition of: 465,736 Mr. Mackie is the beneficial and sole owner of 420,000 Class A Common Shares, 1,012,000 Class B Warrants of the Company and 50,000 other warrants of the Company. R.A. Mackie & Co., L.P. is the beneficial and sole owner of 156,136 Class B Warrants of the Company and 57,500 warrants of the Company. R.A. Mackie & Co., L.P. is also due an additional 252,100 warrants from the Company. Mr. Mackie has the sole power to vote, or direct the vote, and the sole power to dispose, or direct the disposition, of the 1,482,000 Common Shares deemed to be owned by him and shares with R.A. Mackie & Co., L.P., the power to vote, or direct the vote, and the power to dispose, or direct the disposition, of the 465,736 Common Shares deemed to be owned by R.A. Mackie & Co., L.P. CUSIP NO. 00794-71-04 13G Page 6 of 7 Pages 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. (if filing pursuant to Rule 13d-1(c)) By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and 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. CUSIP NO. 00794-71-04 13G Page 7 of 7 Pages 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. Dated: February 10, 1999 R.A. MACKIE & CO., L.P. /s/ Robert A. Mackie, Jr. By: /s/ Robert A. Mackie, Jr. - --------------------------------- ------------------------------------------- Robert A. Mackie, Jr. Robert A. Mackie, Jr., General Partner -----END PRIVACY-ENHANCED MESSAGE-----