-----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, IIYhtQbK7CkxmjibCuM8OvD8W4UttVRpoxqKL3Bmp4iwtPz9+5AgWleMEmYmUJY2 TnADwcJb/smYsdowwtdJJQ== 0001116502-06-000352.txt : 20060216 0001116502-06-000352.hdr.sgml : 20060216 20060216171431 ACCESSION NUMBER: 0001116502-06-000352 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060216 DATE AS OF CHANGE: 20060216 GROUP MEMBERS: EUROPA INTERNATIONAL, INC. GROUP MEMBERS: FRED KNOLL GROUP MEMBERS: KNOLL CAPITAL MANAGEMENT, LP SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GVI SECURITY SOLUTIONS INC CENTRAL INDEX KEY: 0001021444 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATIONS EQUIPMENT, NEC [3669] IRS NUMBER: 770436410 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-50323 FILM NUMBER: 06626148 BUSINESS ADDRESS: STREET 1: 1621 WEST CROSBY STREET 2: SUITE 104 CITY: CARROLLTON STATE: TX ZIP: 75006 BUSINESS PHONE: 9722457353 MAIL ADDRESS: STREET 1: 1621 WEST CROSBY STREET 2: SUITE 104 CITY: CARROLLTON STATE: TX ZIP: 75006 FORMER COMPANY: FORMER CONFORMED NAME: THINKING TOOLS INC DATE OF NAME CHANGE: 19960823 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KNOLL FRED CENTRAL INDEX KEY: 0001033949 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: C/O KNOLL CAPITAL MANAGEMENT STREET 2: 200 PARK AVNEU SUITE 3900 CITY: NEW YORK STATE: NY ZIP: 10166 BUSINESS PHONE: 2128087474 SC 13G 1 knoll-gvi_sc13g.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2 (Amendment No. _____)* GVI SECURITY SOLUTIONS, INC. - -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK, $.001 PAR VALUE PER SHARE - -------------------------------------------------------------------------------- (Title of Class of Securities) 36242E 10 1 - -------------------------------------------------------------------------------- (CUSIP Number) THERE IS NO DATE OF EVENT REQUIRING THIS FILING. THE REPORTING PERSONS ARE SWITCHING FROM A SCHEDULE 13D FILER TO A SCHEDULE 13G FILER - -------------------------------------------------------------------------------- (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 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. 36242E 10 1 13G ________________________________________________________________________________ 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Knoll Capital Management, LP ________________________________________________________________________________ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [X] Joint Filer ________________________________________________________________________________ 3. SEC USE ONLY ________________________________________________________________________________ 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware ________________________________________________________________________________ NUMBER OF 5. SOLE VOTING POWER SHARES 0 _________________________________________________________________ BENEFICIALLY 6. SHARED VOTING POWER OWNED BY 7,218,938 _________________________________________________________________ EACH 7. SOLE DISPOSITIVE POWER REPORTING 0 _________________________________________________________________ PERSON 8. SHARED DISPOSITIVE POWER WITH 7,218,938 ________________________________________________________________________________ 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,218,938 ________________________________________________________________________________ 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] ________________________________________________________________________________ 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 14.3% ________________________________________________________________________________ 12. TYPE OF REPORTING PERSON* PN ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 36242E 10 1 13G ________________________________________________________________________________ 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Fred Knoll ________________________________________________________________________________ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [X] Joint Filer ________________________________________________________________________________ 3. SEC USE ONLY ________________________________________________________________________________ 4. CITIZENSHIP OR PLACE OF ORGANIZATION USA ________________________________________________________________________________ NUMBER OF 5. SOLE VOTING POWER SHARES 0 _________________________________________________________________ BENEFICIALLY 6. SHARED VOTING POWER OWNED BY 7,218,938 _________________________________________________________________ EACH 7. SOLE DISPOSITIVE POWER REPORTING 0 _________________________________________________________________ PERSON 8. SHARED DISPOSITIVE POWER WITH 7,218,938 ________________________________________________________________________________ 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,218,938 ________________________________________________________________________________ 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] ________________________________________________________________________________ 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 14.3% ________________________________________________________________________________ 12. TYPE OF REPORTING PERSON* IN ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 36242E 10 1 13G ________________________________________________________________________________ 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Europa International, Inc. ________________________________________________________________________________ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [X] Joint Filer ________________________________________________________________________________ 3. SEC USE ONLY ________________________________________________________________________________ 4. CITIZENSHIP OR PLACE OF ORGANIZATION British Virgin Islands ________________________________________________________________________________ NUMBER OF 5. SOLE VOTING POWER SHARES 0 _________________________________________________________________ BENEFICIALLY 6. SHARED VOTING POWER OWNED BY 6,826,367 _________________________________________________________________ EACH 7. SOLE DISPOSITIVE POWER REPORTING 0 _________________________________________________________________ PERSON 8. SHARED DISPOSITIVE POWER WITH 6,826,367 ________________________________________________________________________________ 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,826,367 ________________________________________________________________________________ 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] ________________________________________________________________________________ 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 13.6% ________________________________________________________________________________ 12. TYPE OF REPORTING PERSON* CO ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 36242E 10 1 13G Item 1(a). Name of Issuer: GVI Security Solutions, Inc. (the "Issuer") ____________________________________________________________________ Item 1(b). Address of Issuer's Principal Executive Offices: 2801 Trade Center Drive, Suite 120 Carrollton, Texas 75007 ____________________________________________________________________ Item 2(a). Name of Persons Filing: Knoll Capital Management LP ("KCMLP") Fred Knoll ("Knoll") Europa International, Inc. ("Europa") ____________________________________________________________________ Item 2(b). Address of Principal Business Office, or if None, Residence: The principal business address for each of KCMLP, Knoll and Europa is 237 Park Avenue, 9th Floor, New York, New York 10166. Item 2(c). Citizenship: KCMLP is a Limited Partnership formed and existing under the laws of the State of Delaware. Knoll is a citizen of the United States. Europa is a company organized under the laws of the British Virgin Islands. ____________________________________________________________________ Item 2(d). Title of Class of Securities: This statement on Schedule 13G is being filed with respect to Common Stock, $0.001 par value per share (the "Common Stock") of the Issuer. ____________________________________________________________________ Item 2(e). CUSIP Number: 36242E 10 1 ____________________________________________________________________ CUSIP No. 36242E 10 1 13G 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: NOT APPLICABLE. (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 adviser 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). Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: As of the date of this filing: Each of KCMLP and Knoll beneficially own 7,218,938 Shares of the Issuer's Common Stock, consisting of (i) 750,000 Shares of the Issuer's Common Stock owned directly by GVI Acquisition LLC, a limited liability company formed under the laws of the State of California ("GVI Acquisition"); (ii) 6,076,367 Shares of the Issuer's Common Stock owned directly by Europa; (iii)333,333 Shares of the Issuer's Common Stock issuable upon exercise of a warrant owned directly by Knoll Capital Fund II Master Fund, a Cayman Island Company ("KCFIIMF"); and (iv) 59,238 Shares of the Issuer's Common Stock owned directly by Thinking CUSIP No. 36242E 10 1 13G Techologies, L.P., a Delaware limited partnership ("Technologies"). KCMLP is an investment management firm and is the general partner and manager of Technologies and the manager of each of Europa, Acquisition and KCFIIMF. Fred Knoll is the principal partner and president of KCMLP. Europa directly owns 6,076,367 Shares of the Issuer's Common Stock and is the beneficial owner of 750,000 shares of Common Stock owned by GVI Acquisition, of which it is a member. (b) Percent of class: As of the date of this filing (taking into consideration that 50,180,502 Shares of the Issuer's Common Stock is issued and outstanding): The 7,218,938 Shares of the Issuer's Common Stock beneficially owned by each of KCMLP and Knoll constituted 14.3% of the Shares outstanding. The 6,826,367 Shares of the Issuer's Common Stock beneficially owned by Europa constituted 13.6% of the Shares outstanding. ______________________________________________________________________ (c) Number of shares as to which such person has: (i) Sole power to vote or direct the vote: Not Applicable. (ii) Shared power to vote or to direct the vote: Knoll and KCMLP share the power to vote or direct the vote of those shares of Common Stock owned by Europa, KCFIIMF and Technologies. Knoll and Europa share the power to vote or direct the vote of those shares of Common Stock owned by Acquisition. (iii) Sole power to dispose or direct the disposition of: Not Applicable. (iv) Shared power to dispose or direct the disposition of: Knoll and KCMLP share the power to dispose of or direct the disposition of those shares of Common Stock owned by Europa, KCFIIMF and Technologies. Knoll and Europa share the power to dispose of or direct the disposition of those shares of Common Stock owned by Acquisition. CUSIP No. 36242E 10 1 13G Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities check the following [ ]. Not Applicable _______________________________________________________________________ Item 6. Ownership of More Than Five Percent on Behalf of Another Person. As set forth in Item 4(c), some of the shares of Common Stock covered by this Schedule 13G are owned by persons other than KCMLP, Knoll and Europa, none of whom, other than Europa holds five percent or more of the securities reported herein. _______________________________________________________________________ Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. Not Applicable _______________________________________________________________________ Item 8. Identification and Classification of Members of the Group. Not Applicable _______________________________________________________________________ Item 9. Notice of Dissolution of Group. Not Applicable. ______________________________________________________________________ CUSIP No. 36242E 10 1 13G Item 10. Certifications. The following certification shall be included if the statement is filed 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. 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 16, 2006 KNOLL CAPITAL MANAGEMENT, LP By: S/Fred Knoll ----------------------------- Name: Fred Knoll ----------------------------- Title: President ----------------------------- Dated: February 16, 2006 S/Fred Knoll ----------------------------- Fred Knoll Dated: February 16, 2006 EUROPA INTERNATIONAL, INC. By: S/Fred Knoll ----------------------------- Name: Fred Knoll ----------------------------- Title: Investment Manager ----------------------------- Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties for whom copies are to be sent. Attention. Intentional misstatements or omissions of fact constitute federal criminal violations (see 18 U.S.C. 1001). JOINT FILING AGREEMENT The undersigned acknowledge and agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint filing agreements. The undersigned acknowledge that each shall be responsible for the timely fling of such amendments, and for the completeness and accuracy of the information concerning it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that it knows or has reason to believe that such information is inaccurate. Dated: February 16, 2006 KNOLL CAPITAL MANAGEMENT, LP By: S/Fred Knoll ----------------------------- Name: Fred Knoll ----------------------------- Title: President ----------------------------- Dated: February 16, 2006 S/Fred Knoll ----------------------------- Fred Knoll Dated: February 16, 2006 EUROPA INTERNATIONAL, INC. By: S/Fred Knoll ----------------------------- Name: Fred Knoll ----------------------------- Title: Investment Manager ----------------------------- -----END PRIVACY-ENHANCED MESSAGE-----