-----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, TTngAr9hDfvJQmd90vLFXAY1OxoUCn+hhfqDpDhUU8ouWcJKaF1Ulz8DWwRxW8xJ yOb0CB2sGE7QdO0jhfMxXQ== 0000950112-96-002372.txt : 19970328 0000950112-96-002372.hdr.sgml : 19970328 ACCESSION NUMBER: 0000950112-96-002372 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19960716 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FORWARD INDUSTRIES INC CENTRAL INDEX KEY: 0000038264 STANDARD INDUSTRIAL CLASSIFICATION: 3089 IRS NUMBER: 131950672 STATE OF INCORPORATION: NY FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-45773 FILM NUMBER: 96595257 BUSINESS ADDRESS: STREET 1: 275 HEMPSTEAD TURNPIKE CITY: WEST HEMPSTEAD STATE: NY ZIP: 11552 BUSINESS PHONE: 5165641100 MAIL ADDRESS: STREET 1: 275 HEMPSTEAD TURNPIKE CITY: WEST HEMPSTEAD STATE: NY ZIP: 11552 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CWAI CONSULTANTS CORP CENTRAL INDEX KEY: 0001007929 STANDARD INDUSTRIAL CLASSIFICATION: STATE OF INCORPORATION: NY FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: C/O GUSRAE KAPLAN & BRUNO STREET 2: 120 WALL STREET CITY: NEW YORK STATE: NY ZIP: 10005 BUSINESS PHONE: 2122691400 MAIL ADDRESS: STREET 1: C/O GUSRAE KAPLAN & BRUNO STREET 2: 120 WALL ST CITY: NEW YORK STATE: NY ZIP: 10005 SC 13D 1 FORWARD INDUSTRIES, INC. OMB APPROVAL -------------------------- OMB Number: 3235-0145 Expires: December 31, 1997 Estimated average burden hours per response ... 14.90 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 6)* FORWARD INDUSTRIES, INC. - - ---------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $.01 per share - - - --------------------------------------------------------------------------- (Title of Class of Securities) 349862102 ---------------------------------------------------------------------------- (CUSIP Number) Lawrence G. Nusbaum, Esq., Gusrae, Kaplan & Bruno, 120 Wall Street, New --------------------------------------------------------------------------- York, New York 10005 (212) 269-1400 ----------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) June 25, 1996 --------------------------------------------------------------------------- (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(b)(3) or (4), check the following box. /___/ Check the following box if a fee is being paid with the statement / /. (A fee --- is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) Note: Six copies of this statement, including all exhibits, should be filed with - - ----- the Commission. See Rule 13d-1(a) 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 ("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). SCHEDULE 13D - - ---------------------------------- -------------------------- C U S I P N o . ____________ Page 2 of 3 Pages - - ---------------------------------- -------------------------- - - -------------------------------------------------------------------------------- NAME OF REPORTING PERSON 1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON CWAI Consultants Corp. ("CWAI") - - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / ---- (b) / X / ---- See Footnote 1 to Item 5 of the Schedule 13D of CWAI dated February 15, 1996 (the "February Schedule 13D"), previously filed with the SEC. - - -------------------------------------------------------------------------------- 3 SEC USE ONLY - - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* 00 - Sole Shareholder has for shares exercised, and will for any shares exercised in the future, contributed capital to fund exercise of a warrant held by CWAI. See Item 3 of the February Schedule 13D. - - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / / --- - - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION New York - - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 200,000 SHARES -------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 0 EACH -------------------------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON WITH 200,000 -------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 0 - - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 200,000 - - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / X / --- See Footnote 1 to Item 5 of the February Schedule 13D. - - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Approximately 3.8% - - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. 2 Item 1. Security and Issuer ------------------- This Amendment No. 6 to Schedule 13D amends the Schedule 13D dated February 15, 1996 (the "February Schedule 13D") of CWAI Consultants Corp. ("CWAI"), relating to the common stock, par value $.01 per share (the "Common Stock"), of FORWARD INDUSTRIES, INC., a New York corporation (the "Issuer"). The principal executive offices of the Issuer are located at 272 Hempstead Turnpike, West Hempstead, New York 11552. All capitalized terms not otherwise defined herein, have the meaning set forth in the February Schedule 13D. Item 5. Interest in Securities of the Issuer ------------------------------------ On June 25, 1996, CWAI became the beneficial owner of an additional 200,000 shares of Common Stock underlying the Warrant, when the Issuer's Chairman issued a letter to CWAI approving CWAI's purchase of such 200,000 shares as required by the terms of the Warrant. On July 2 and 9, 1996, CWAI sold in brokers transactions 20,000 and 227,500 shares of the Common Stock of the Issuer at sale prices of $4.625 and $3.50 per share, respectively. The sale of such 247,500 shares was covered by a registration statement of the Issuer which the Securities and Exchange Commission declared effective on March 25, 1996. The foregoing resulted in CWAI now beneficially owning 200,000 shares of Common Stock of the Issuer, representing approximately 3.8% of the issued and outstanding shares of Common Stock of the Issuer. Item 7. Material to be Filed as Exhibits -------------------------------- None. 3 SIGNATURES ---------- 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 accurate. July 12, 1996 CWAI CONSULTANTS CORP. By: /s/Mark Berman --------------------------------------- Name: Mark Berman Title: President -----END PRIVACY-ENHANCED MESSAGE-----