-----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, MdgisXfZSLAIkE9LAsebwed/1ALJ77Yyk1mrgePv3tURhZgmyv/gPGzbGC+eVrak NJpK8zZzmIBtRDv/RP0XCQ== 0000909012-97-000017.txt : 19970616 0000909012-97-000017.hdr.sgml : 19970616 ACCESSION NUMBER: 0000909012-97-000017 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970214 DATE AS OF CHANGE: 19970613 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BUTLER INTERNATIONAL INC /MD/ CENTRAL INDEX KEY: 0000786765 STANDARD INDUSTRIAL CLASSIFICATION: 7363 IRS NUMBER: 061154321 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-38458 FILM NUMBER: 97536583 BUSINESS ADDRESS: STREET 1: 110 SUMMIT AVE CITY: MONTVALE STATE: NJ ZIP: 07645 BUSINESS PHONE: 2015738000 MAIL ADDRESS: STREET 1: 110 SUMMIT AVENUE STREET 2: 110 SUMMIT AVENUE CITY: MONTVALE STATE: NJ ZIP: 07645 FORMER COMPANY: FORMER CONFORMED NAME: NORTH AMERICAN VENTURES INC DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SACHS MORTON H & CO /KY/ /ADV CENTRAL INDEX KEY: 0000756246 STANDARD INDUSTRIAL CLASSIFICATION: IRS NUMBER: 610881884 STATE OF INCORPORATION: KY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 1346 S THIRD ST CITY: LOUISVILLE STATE: KY ZIP: 40208 BUSINESS PHONE: 5026365633 MAIL ADDRESS: STREET 1: 1346 S THIRD ST CITY: LOUISVILLE STATE: KY ZIP: 40208 SC 13G 1 BUTLER INTERNATIONAL INC. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No.__ )* Butler International Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 123649105 (CUSIP Number) *The remainder of this cover 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 subsquenent 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 ("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). 1. NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Morton H. Sachs & Co. DBA The Sachs Company ("SC") Morton H. Sachs ("MHS") 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) Joint filing pursuant to Rule 13d-1 (f)(1) See Item 2 (b) x 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Louisville, Kentucky USA NUMBER OF 5. SOLE VOTING POWER 427,000 SHARES BENEFICIALLY 6. SHARED VOTING POWER 0 OWNED BY EACH 7. SOLE DISPOSITIVE POWER 427,000 REPORTING PERSON WITH 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 427,000 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* N/A 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.52% 12. TYPE OF REPORTING PERSON* SC-IA MHS-IN Cusip No.123649105 13G Page 2 of 3 Pages Schedule 13G Additional Information Item # 1. (a) Name of Issuer: Butler International Inc. (b) Address of Issuer's Principal Executive Offices: 110 Summit Avenue P.O. Box 460 Montvale, NJ 07645 2. (a) Name of Person Filing: Morton H. Sachs & Co. DBA The Sachs Company ("SC") and Morton H. Sachs ("MHS"), the controlling shareholder of SC. This schedule relates to the same securities. Each person is individually eligible to use this schedule and has executed the Agreement attached as to that effect. See Exhibit A. (b) Address of Principal Business Office for Each of the Above: 1346 South Third Street Louisville, KY 40208 (c) Citizenship: SC- A Kentucky Corporation MHS- USA (d) Title of Class of Securities: Common Stock (e) CUSIP Number: 123649105 3. This statement is filed pursuant to Rule 13d-1(b), or 13d-2(b). The person filing is a: (a) [ ] Broker or Dealer registered under Section 15 of the Act (b) [ ] Bank as defined in section 3(a)(6) of the Act (c) [ ] Insurance Company as defined in section 3(a)(19) of the Act (d) [ ] Investment Company registered under section 8 of the Investment Company Act (e) [x] Investment Adviser registered under section 203 of the Investment Advisers Act of 1940 (f) [ ] Employee Benefit Plan, Pension Fund which is subject to the provsions of the Employee Retirement Income Security Act of 1974 or Endowment Fund (g) [x] Parent Holding Company, in accordance with 240.13d-1(b)(ii)(G) (Note: See Item 7) The Sachs Company is an investment adviser registered under Section 203 of the Investment Advisers Act of 1940 and Morton H. Sachs is an individual controlling shareholder thereof reporting under Rule 13d-1(b) (ii) (G). (h) [ ] Group, in accordance with 240.13d-1(b)(1)(ii)(H) 4. Ownership: (a) Amount Beneficially Owned: 427,000 (b) Percent of Class: 6.52% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote 427,000 (ii) shared power to vote or to direct the vote None (iii) sole power to dispose or to direct the disposition of 427,000 (iv) shared power to dispose or to direct the disposition of None 5. Ownership of Five Percent or Less of a Class: N/A CUSIP NO.123649105 13G Page 3 of 3 Pages Schedule 13G Additional Information (continued) Item # 6. Ownership of More than Five Percent on Behalf of Another Person: N/A 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company: See Items 2 and 3. 8. Identification and Classification of Members of the Group: N/A 9. Notice of Dissolution of Group: N/A 10. Certification: By signing below, the undersigned certify that, to the best of their 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. SEE NOTE No. 1 BELOW 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. Date: February 12, 1997 Date: February 12, 1997 Signature: By /s/ Morton H. Sachs Signature: /s/ Morton H. Sachs Morton H. Sachs, President Morton H. Sachs Morton H. Sachs & Co. DBA The Sachs Company NOTE No. 1: Each of the reporting persons hereby disclaims beneficial ownership of the above shares, and the filing of this statement shall not be construed as an admission that any of the reporting persons is the beneficial owner of the shares covered by this statement. EXHIBIT A AGREEMENT The undersigned hereby agree that the statement on Schedule G to which this is attached as Exhibit A is filed on behalf of each of the undersigned. Date: February 12, 1997 Morton H. Sachs & Co. DBA The Sachs Company by: /s/Morton H. Sachs Morton H. Sachs, President Date: February 12, 1997 /s/ Morton H. Sachs Morton H. Sachs -----END PRIVACY-ENHANCED MESSAGE-----