0001130381-13-000004.txt : 20130219 0001130381-13-000004.hdr.sgml : 20130219 20130214213540 ACCESSION NUMBER: 0001130381-13-000004 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20130215 DATE AS OF CHANGE: 20130214 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: 13617339 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 mfri2013.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE13G/A Under the Securities Exchange Act of 1934 (Amendment No__11__)* MFRI, INC. --------------------------------------------------------------------- (Name of Issuer) Common --------------------------------------------------------------------- (Title of Class of Securities) 552721102 ----------------- (CUSIP Number) December 31, 2012 --------------------------------------------------------------------- (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 207,127 Beneficially by ---------------------------------------------- Owned by Each 6. Shared Voting Power 232,578 Reporting ---------------------------------------------- Person With: 7. Sole Dispositive Power 207,127 ---------------------------------------------- 8.Shared Dispositive Power 260,052 --------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 260,052 --------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) / / --------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 3.8% --------------------------------------------------------------------- 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 366,121 Beneficially by ---------------------------------------------- Owned by Each 6. Shared Voting Power 384,569 Reporting ---------------------------------------------- Person With: 7. Sole Dispositive Power 366,121 ---------------------------------------------- 8.Shared Dispositive Power 419,046 --------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 419,046 --------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) / / --------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 6.1% --------------------------------------------------------------------- 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 25,451 Beneficially by ---------------------------------------------- Owned by Each 6. Shared Voting Power 25,451 Reporting ---------------------------------------------- Person With: 7. Sole Dispositive Power 25,451 ---------------------------------------------- 8.Shared Dispositive Power 52,925 --------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 52,925 --------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) / / --------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 0.8% --------------------------------------------------------------------- 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 207,127 Shares of the Issuer, EWW has sole ownership of 366,121 Shares and WS has sole ownership of 25,451. (b) Of the Shares outstanding, WI owns approximately 2.99%, EWW owns approximately 5.29% and WS owns 0.37%. (c) Number of Shares as to which the filer has: (i) Sole power to vote: WI has sole power to vote on 207,127 Shares, EWW has 366,121 Shares, and WS has 25,451 Shares. (ii) Shared power to vote: WI has 232,578 Shares, EWW has 384,569 Shares, and WS has 25,451 Shares. (iii) Sole power to dispose: WI has sole power to dispose on 207,127 Shares, EWW has 366,121 Shares, and WS has 25,451 Shares. (iv) Shared power to dispose: WI has 260,052 Shares, EWW has 419,046 Shares, and WS has 52,925 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 207,127 2.99% Edward W. Wedbush IN 366,121 5.29% Wedbush Securities BD 24,517 0.37% Edward W. Wedbush owns approximately 50% of the issued and outstanding shares of WEDBUSH, Inc., which is the sole shareholder of Wedbush Securities Inc. Mr. Wedbush is also the Chairman of the Board of WEDBUSH, Inc. and the President of Wedbush Securities Inc. The foregoing should not be construed as an admission of beneficial ownership of the securities held or controlled by WEDBUSH, Inc. or Wedbush Securities Inc. 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. 02/08/13 --------------------------- Date ERIC D. WEDBUSH ------------------ Eric D. Wedbush --------------------------- Signature ERIC D. WEDBUSH ------------------ Eric D. Wedbush/ President --------------------------- Name/Title Edward W. Wedbush 02/08/13 --------------------------- Date EDWARD W. WEDBUSH ------------------ Edward W. Wedbush --------------------------- Signature EDWARD W. WEDBUSH ------------------ Edward W. Wedbush --------------------------- Name/Title Wedbush Securities, Inc. 02/08/13 --------------------------- Date EDWARD W. WEDBUSH ------------------ Edward W. Wedbush --------------------------- Signature Edward W. Wedbush/ President --------------------------- Name/Title Page 8 of 8