0001130381-12-000005.txt : 20120215 0001130381-12-000005.hdr.sgml : 20120215 20120214203336 ACCESSION NUMBER: 0001130381-12-000005 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20120215 DATE AS OF CHANGE: 20120214 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: 12613953 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 mfri12.txt SC 13G/A MFRI, INC. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE13G/A Under the Securities Exchange Act of 1934 (Amendment No__10__)* MFRI, INC. --------------------------------------------------------------------- (Name of Issuer) Common --------------------------------------------------------------------- (Title of Class of Securities) 552721102 ----------------- (CUSIP Number) December 31, 2011 --------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: /x/ 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 8 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 207,398 Beneficially by ---------------------------------------------- Owned by Each 6. Shared Voting Power 384,292 Reporting ---------------------------------------------- Person With: 7. Sole Dispositive Power 207,398 ---------------------------------------------- 8.Shared Dispositive Power 417,504 --------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 417,504 --------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) / / --------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 6.04% --------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) --------------------------------------------------------------------- CO Page 2 of 8 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 155,794 Beneficially by ---------------------------------------------- Owned by Each 6. Shared Voting Power 384,292 Reporting ---------------------------------------------- Person With: 7. Sole Dispositive Power 155,794 ---------------------------------------------- 8.Shared Dispositive Power 417,504 --------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 417,504 --------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) / / --------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 6.04% --------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) --------------------------------------------------------------------- IN Page 3 of 8 CUSIP No. 552721102 -------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Wedbush Securities, 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 21,100 Beneficially by ---------------------------------------------- Owned by Each 6. Shared Voting Power 384,292 Reporting ---------------------------------------------- Person With: 7. Sole Dispositive Power 21,100 ---------------------------------------------- 8.Shared Dispositive Power 417,504 --------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 417,504 --------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) / / --------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 6.04% --------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) --------------------------------------------------------------------- BD Page 4 of 8 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"), Edward W. Wedbush ("EWW"), and Wedbush Securities, Inc. ("WS"). (b) Business address of the above filers are as follows: WI - 1000 Wilshire Blvd., Los Angeles, CA 90017-2457 EWW - P.O. Box 30014, Los Angeles, CA 90030-0014 WS - P.O. Box 30014, Los Angeles, CA 90030-0014 (c) WI is a California corporation. EWW is a citizen of the United States of America. WS is a California corporation. (d) Common stock (e) 552721102 Item 3. Classification of Filers (a) WI is a control person (b) - (j) Not applicable (g) WS is a broker/dealer (b) - (j) Not applicable (b) - (j) Not applicable Page 5 of 8 Item 4. Ownership (a) WI has sole ownership of 207,398 Shares of the Issuer, EWW has sole ownership of 155,794 Shares and WS has sole ownership of 21,100. (b) Of the Shares outstanding, WI owns approximately 3.00%, EWW owns approximately 2.25% and WS owns 0.31%. (c) Number of Shares as to which the filer has: (i) Sole power to vote: WI has sole power to vote on 207,398 Shares, EWW has 155,794 Shares, and WS has 21,100 Shares. (ii) Shared power to vote: WI has 384,292 Shares, EWW has 384,292 Shares, and WS has 384,292. (iii) Sole power to dispose: WI has sole power to dispose on 207,398 Shares, EWW has 155,794 Shares, and WS has 21,100 Shares. (iv) Shared power to dispose: WI has 417,504 Shares, EWW has 417,504 Shares, and WS has 417,504 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 6 of 8 Item 8. Identification and Classification of Members of a Group. Name Category No.ofShares Percentage WEDBUSH, Inc. CO 207,398 3.00% Edward W. Wedbush IN 155,794 2.25% Wedbush Securities BD 21,100 0.31% EWW is the Chairman of WI. EWW owns a majority of the outstanding Shares of WI. EWW is the President of WS. WI owns all ofthe shares of WS. 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 7 of 8 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. 02/10/12 --------------------------- Date ERIC D. WEDBUSH ------------------ Eric D. Wedbush --------------------------- Signature ERIC D. WEDBUSH ------------------ Eric D. Wedbush/ President --------------------------- Name/Title Edward W. Wedbush 02/10/12 --------------------------- Date EDWARD W. WEDBUSH ------------------ Edward W. Wedbush --------------------------- Signature EDWARD W. WEDBUSH ------------------ Edward W. Wedbush --------------------------- Name/Title Wedbush Securities, Inc. 02/10/12 --------------------------- Date EDWARD W. WEDBUSH ------------------ Edward W. Wedbush --------------------------- Signature Edward W. Wedbush/ President --------------------------- Name/Title Page 8 of 8