-----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, EvYNBUhOeMoiWMbtO8YcUKo+jZ2otnkD0aOsdTA/FZlS7MYrA2XMfwVeuUVLJ0Dq 4VY/DjAHfumyxMAMyxzXCw== 0001012871-97-000013.txt : 19970723 0001012871-97-000013.hdr.sgml : 19970723 ACCESSION NUMBER: 0001012871-97-000013 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970722 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: INTEGRATED SECURITY SYSTEMS INC CENTRAL INDEX KEY: 0000741114 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATIONS EQUIPMENT, NEC [3669] IRS NUMBER: 752422983 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-47773 FILM NUMBER: 97643814 BUSINESS ADDRESS: STREET 1: 8200 SPRINGWOOD DR STE 230 CITY: IRVING STATE: TX ZIP: 75063 BUSINESS PHONE: 2144448280 MAIL ADDRESS: STREET 1: 8200 SPRINGWOOD DR SUITE 230 STREET 2: 8200 SPRINGWOOD DR SUITE 230 CITY: IRVING STATE: TX ZIP: 75063 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PROFUTURES SPECIAL EQUITIES FUND LP CENTRAL INDEX KEY: 0001012871 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 742786952 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 1310 HIGHWAY 620 S STREET 2: SUITE 200 CITY: AUSTIN STATE: TX ZIP: 78734 BUSINESS PHONE: 5122633800 MAIL ADDRESS: STREET 1: 1310 HIGHWAY 620 SOUTH STREET 2: STE 200 CITY: AUSTIN STATE: TX ZIP: 78734 SC 13D/A 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 1)* Integrated Security Systems, Inc. (Name of Issuer) Common Stock, par value $.01 per share (Title of Class of Securities) (CUSIP Number) Gary D. Halbert, President ProFutures Fund Management, Inc. 1310 Highway 620 South -- Suite 200, Austin, Texas 78734 (512) 263-3800 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) July 17, 1997 (Date of Event which Requires Filing this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition of 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 [__]. 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). CUSIP No. ___________________ 1) Name of Reporting Person SS or IRS Identification No. of Above Person ProFutures Bridge Capital Fund, L.P. 74-2786949 2) Check the Appropriate Box if a Member of a Group (a) [X ] (b) [__] 3) SEC Use Only 4) Source of Funds (See Instructions) WC 5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [__] 6) Citizenship or Place of Organization Delaware Number of Shares Beneficially Owned by Reporting Person: 7) Sole Voting Power 585,000 8) Shared Voting Power 715,091 9) Sole Dispositive Power 585,000 10) Shared Dispositive Voting Power 715,091 11) Aggregate Amount Beneficially Owned by each Reporting Person 715,091 12) Check if the Aggregate Amount in Row 11 Excludes Certain Shares (See Instructions) [__] 13) Percent of Class Represented by Amount in Row 11: 10.35% 14) Type of Reporting Person PN - ---------- Schedule 13D (cont'd.)------- CUSIP No. ___________________ 1) Name of Reporting Person SS or IRS Identification No. of Above Person ProFutures Special Equities Fund, L.P. 74-2786952 2) Check the Appropriate Box if a Member of a Group (a) [X ] (b) [__] 3) SEC Use Only 4) Source of Funds (See Instructions) WC 5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items2(d) or 2(e) [__] 6) Citizenship or Place of Organization Delaware Number of Shares Beneficially Owned by Reporting Person: 7) Sole Voting Power 122,000 8) Shared Voting 715,091 9) Sole Dispositive Power 122,000 10) Shared Dispositive Voting Power 715,091 11) Aggregate Amount Beneficially Owned by each Reporting Person 715,091 12) Check if the Aggregate Amount in Row 11 Excludes Certain Shares (See Instructions) [__] 13) Percent of Class Represented by Amount in Row 11: 10.35% 14) Type of Reporting Person PN - ---------------------- Schedule 13D (cont'd.)----------------- CUSIP No. ___________________ 1) Name of Reporting Person SS or IRS Identification No. of Above Person James H. Perry, Jr. 2) Check the Appropriate Box if a Member of a Group (a) [X ] (b) [__] 3) SEC Use Only 4) Source of Funds (See Instructions) PF 5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [__] 6) Citizenship or Place of Organization USA Number of Shares Beneficially Owned by Reporting Person: 7) Sole Voting Power 8,091 8) Shared Voting 715,091 9) Sole Dispositive Power 8,091 10) Shared Dispositive Voting Power 715,091 11) Aggregate Amount Beneficially Owned by each Reporting Person 715,091 12) Check if the Aggregate Amount in Row 11 Excludes Certain Shares (See Instructions) [__] 13) Percent of Class Represented by Amount in Row 11: 10.35% 14) Type of Reporting Person IN - --------------- Schedule 13D (cont'd.) ---------------- INTEGRATED SECURITY SYSTEMS, INC. The Group, consisting of ProFutures Bridge Capital Fund, L.P. ("PBCF"), ProFutures Special Equities Fund, L.P. ("PSEF") and James H. Perry, Jr. hereby amends the Group's Statement on Schedule 13D (the "Statement") filed on December 31, 1996 in connection with the Group's ownership of shares of Common Stock, par value $.01 per share (the "Common Stock"), of Integrated Security Systems, Inc. (the "Company"): Item 5 of the Statement, "Interest in Securities of the Issuer," is hereby amended by adding the following statements: (a) and (b) The aggregate number of shares of Common Stock owned beneficially by members of the Group as of the close of business on July 17, 1997 was 715,091, or approximately 10.35% of the shares of Common Stock outstanding. This percentage is based upon 6,908,852 shares of Common Stock reported to be outstanding, as of March 31, 1997, as reported in the Company's Form 10-Q for its fiscal quarter ended March 31, 1997. The ownership among the members the Group has been allocated as follows: Number of Percentage Ownership Shares Directly of Owned Outstanding Shares PBCF 585,000 8.46 % PSEF 122,000 1.76 % James H. Perry, Jr. 8,091 .11 % Total 715,091 10.35 % (c) On July 17, 1997, PBCF purchased 110,000 shares of Common Stock at $1.5625 per share in a private, non-brokered transaction. On that same date, James H. Perry, Jr. purchased 8,091 shares of Common Stock at $1.5625 per share in a private, non-brokered transaction. Item 7. Material to be Filed as Exhibits. Exhibit 1, the Joint Filing Agreement, is attached hereto. SIGNATURES After reasonable inquiry and to the best knowledge and belief of the undersigned, the undersigned certify that the information set forth in this Statement is true, complete and correct, and the undersigned agree that this statement shall be filed on behalf of each of them. Dated: July 17, 1997 PROFUTURES BRIDGE CAPITAL FUND, L.P. By: ProFutures Fund Management, Inc., a General Partner By: /s/ Gary D. Halbert Gary D. Halbert, President PROFUTURES SPECIAL EQUITIES FUND, L.P. By: ProFutures Fund Management, Inc., a General Partner By: /s/ Gary D. Halbert Gary D. Halbert, President /s/ James H. Perry, Jr. James H. Perry, Jr. Each of such Reporting Persons certifies only the information stated herein regarding such Reporting Person. EXHIBIT INDEX Exhibit 1 Joint Filing Agreement Exhibit 1 Joint Filing Agreement The undersigned hereby agree that this statement is filed on behalf of each of them. Dated: July 17, 1997 PROFUTURES BRIDGE CAPITAL FUND, L.P. By: ProFutures Fund Management, Inc., a General Partner By: /s/ Gary D. Halbert Gary D. Halbert, President PROFUTURES SPECIAL EQUITIES FUND, L.P. By: ProFutures Fund Management, Inc., a General Partner By: /s/ Gary D. Halbert Gary D. Halbert, President /s/ James H. Perry, Jr. James H. Perry, Jr. -----END PRIVACY-ENHANCED MESSAGE-----