-----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, SuG/LNhVgwI3CecTbEK32JM677VYk9uGJGgYUY0+FFQR4uZdrfa2isIUAHENc+aD HywcSixhBIavBzpvqRfJjw== 0000893838-98-000156.txt : 19981103 0000893838-98-000156.hdr.sgml : 19981103 ACCESSION NUMBER: 0000893838-98-000156 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19981102 GROUP MEMBERS: ANDREW H. TISCH GROUP MEMBERS: BARRY L. BLOOM GROUP MEMBERS: JMC INVESTMENTS LLC GROUP MEMBERS: JOHN CAPOZZI GROUP MEMBERS: NF PARTNERS LLC GROUP MEMBERS: PAUL A. DOWNEY GROUP MEMBERS: RAVITCH RICE & COMPANY LLC GROUP MEMBERS: ROBERT H. SAVAGE GROUP MEMBERS: ROBERT N. DOWNEY GROUP MEMBERS: ROBYN SAMUELS GROUP MEMBERS: THOMAS M. STEINBERG SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NOFIRE TECHNOLOGIES INC CENTRAL INDEX KEY: 0000823070 STANDARD INDUSTRIAL CLASSIFICATION: RADIO TELEPHONE COMMUNICATIONS [4812] IRS NUMBER: 133421355 STATE OF INCORPORATION: DE FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-53863 FILM NUMBER: 98734758 BUSINESS ADDRESS: STREET 1: 21 INDUSTRIAL AVE CITY: UPPER SADDLE RIVER STATE: NJ ZIP: 07458 BUSINESS PHONE: 2018181616 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: NF PARTNERS LLC CENTRAL INDEX KEY: 0001064704 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 134009506 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 667 MADISON AVE CITY: NEW YORK STATE: NY ZIP: 10021 BUSINESS PHONE: 2125212930 MAIL ADDRESS: STREET 1: 667 MADISON AVE CITY: NEW YORK STATE: NY ZIP: 10021 SC 13D/A 1 SCHEDULE 13D AMENDMENT NO. 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 1)* NoFire Technologies, Inc. - ------------------------------------------------------------------------------ (Name of Issuer) Common Stock, par value $.020 per share - ------------------------------------------------------------------------------ (Title of Class of Securities) 654865 10 4 - ------------------------------------------------------------------------------ (CUSIP Number) Andrew H. Tisch 667 Madison Avenue New York, NY 10021 (212) 521-5130 - ------------------------------------------------------------------------------ (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) October 28, 1998 - ------------------------------------------------------------------------------ (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 ss.ss.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box |_| Note: Schedules filed in paper format shall include a signed original and five copies of this statement, including all exhibits. See ss.240.13d-7(b) 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 - ------------------------------------------------------------------------------ CUSIP No. 654865 10 4 Page 2 of 24 Pages - ------------------------------------------------------------------------------ - -------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entity Only) NF Partners, LLC - -------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------- --------------------------------------------------------------------- 3 SEC USE ONLY - -------- --------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC - -------- --------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |_| - -------- --------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------- --------------------------------------------------------------------- 7 NUMBER OF SOLE VOTING POWER SHARES 3,829,822 ------- --------------------------------------------------- 8 BENEFICIALLY SHARED VOTING POWER OWNED BY -0- ------- --------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 3,829,822 ------- --------------------------------------------------- PERSON 10 SHARED DISPOSITIVE POWER WITH -0- - ------------------ ------- --------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,829,822 - -------- --------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |X| - -------- --------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 25.4% - -------- --------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* OO - -------- --------------------------------------------------------------------- *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. SCHEDULE 13D - ------------------------------------------------------------------------------ CUSIP No. 654865 10 4 Page 3 of 24 Pages - ------------------------------------------------------------------------------ - -------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entity Only) Andrew H. Tisch - -------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------- --------------------------------------------------------------------- 3 SEC USE ONLY - -------- --------------------------------------------------------------------- 4 SOURCE OF FUNDS* PF - -------- --------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |_| - -------- --------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------- --------------------------------------------------------------------- 7 NUMBER OF SOLE VOTING POWER SHARES 285,000 ------- --------------------------------------------------- 8 BENEFICIALLY SHARED VOTING POWER OWNED BY -0- ------- --------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 285,000 ------- --------------------------------------------------- PERSON 10 SHARED DISPOSITIVE POWER WITH -0- - ------------------ ------- --------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 285,000 - -------- --------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |X| - -------- --------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.3% - -------- --------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------- --------------------------------------------------------------------- *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. SCHEDULE 13D - ------------------------------------------------------------------------------ CUSIP No. 654865 10 4 Page 4 of 24 Pages - ------------------------------------------------------------------------------ - -------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entity Only) JMC Investments LLC - -------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------- --------------------------------------------------------------------- 3 SEC USE ONLY - -------- --------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC - -------- --------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |_| - -------- --------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Connecticut - -------- --------------------------------------------------------------------- 7 NUMBER OF SOLE VOTING POWER SHARES 178,134 ------- --------------------------------------------------- 8 BENEFICIALLY SHARED VOTING POWER OWNED BY -0- ------- --------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 178,134 ------- --------------------------------------------------- PERSON 10 SHARED DISPOSITIVE POWER WITH -0- - ------------------ ------- --------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 178,134 - -------- --------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |X| - -------- --------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.4% - -------- --------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* OO - -------- --------------------------------------------------------------------- *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. SCHEDULE 13D - ------------------------------------------------------------------------------ CUSIP No. 654865 10 4 Page 5 of 24 Pages - ------------------------------------------------------------------------------ - -------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entity Only) John Capozzi - -------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------- --------------------------------------------------------------------- 3 SEC USE ONLY - -------- --------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO - -------- --------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |_| - -------- --------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------- --------------------------------------------------------------------- 7 NUMBER OF SOLE VOTING POWER SHARES 175,000 ------- --------------------------------------------------- 8 BENEFICIALLY SHARED VOTING POWER OWNED BY -0- ------- --------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 175,000 ------- --------------------------------------------------- PERSON 10 SHARED DISPOSITIVE POWER WITH -0- - ------------------ ------- --------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 175,000 - -------- --------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |X| - -------- --------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.4% - -------- --------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------- --------------------------------------------------------------------- *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. SCHEDULE 13D - ------------------------------------------------------------------------------ CUSIP No. 654865 10 4 Page 6 of 24 Pages - ------------------------------------------------------------------------------ - -------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entity Only) Ravitch Rice & Company LLC - -------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------- --------------------------------------------------------------------- 3 SEC USE ONLY - -------- --------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC - -------- --------------------------------------------------------------------- 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 NUMBER OF SOLE VOTING POWER SHARES 89,065 ------- --------------------------------------------------- 8 BENEFICIALLY SHARED VOTING POWER OWNED BY -0- ------- --------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 89,065 ------- --------------------------------------------------- PERSON 10 SHARED DISPOSITIVE POWER WITH -0- - ------------------ ------- --------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 89,065 - -------- --------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |X| - -------- --------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.7% - -------- --------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* OO - -------- --------------------------------------------------------------------- *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. SCHEDULE 13D - ------------------------------------------------------------------------------ CUSIP No. 654865 10 4 Page 7 of 24 Pages - ------------------------------------------------------------------------------ - -------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entity Only) Barry L. Bloom - -------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------- --------------------------------------------------------------------- 3 SEC USE ONLY - -------- --------------------------------------------------------------------- 4 SOURCE OF FUNDS* PF - -------- --------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |_| - -------- --------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------- --------------------------------------------------------------------- 7 NUMBER OF SOLE VOTING POWER SHARES 160,317 ------- --------------------------------------------------- 8 BENEFICIALLY SHARED VOTING POWER OWNED BY -0- ------- --------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 160,317 ------- --------------------------------------------------- PERSON 10 SHARED DISPOSITIVE POWER WITH -0- - ------------------ ------- --------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 160,317 - -------- --------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |X| - -------- --------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.3% - -------- --------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------- --------------------------------------------------------------------- *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. SCHEDULE 13D - ------------------------------------------------------------------------------ CUSIP No. 654865 10 4 Page 8 of 24 Pages - ------------------------------------------------------------------------------ - -------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entity Only) Robyn Samuels - -------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------- --------------------------------------------------------------------- 3 SEC USE ONLY - -------- --------------------------------------------------------------------- 4 SOURCE OF FUNDS* PF - -------- --------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |_| - -------- --------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------- --------------------------------------------------------------------- 7 NUMBER OF SOLE VOTING POWER SHARES 35,624 ------- --------------------------------------------------- 8 BENEFICIALLY SHARED VOTING POWER OWNED BY -0- ------- --------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 35,624 ------- --------------------------------------------------- PERSON 10 SHARED DISPOSITIVE POWER WITH -0- - ------------------ ------- --------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 35,624 - -------- --------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |X| - -------- --------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.3% - -------- --------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------- --------------------------------------------------------------------- *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. SCHEDULE 13D - ------------------------------------------------------------------------------ CUSIP No. 654865 10 4 Page 9 of 24 Pages - ------------------------------------------------------------------------------ - -------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entity Only) Paul A. Downey - -------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------- --------------------------------------------------------------------- 3 SEC USE ONLY - -------- --------------------------------------------------------------------- 4 SOURCE OF FUNDS* PF - -------- --------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |_| - -------- --------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------- --------------------------------------------------------------------- 7 NUMBER OF SOLE VOTING POWER SHARES 178,134 ------- --------------------------------------------------- 8 BENEFICIALLY SHARED VOTING POWER OWNED BY -0- ------- --------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 178,134 ------- --------------------------------------------------- PERSON 10 SHARED DISPOSITIVE POWER WITH -0- - ------------------ ------- --------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 178,134 - -------- --------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |X| - -------- --------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.4% - -------- --------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------- --------------------------------------------------------------------- *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. SCHEDULE 13D - ------------------------------------------------------------------------------ CUSIP No. 654865 10 4 Page 10 of 24 Pages - ------------------------------------------------------------------------------ - -------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entity Only) Robert N. Downey - -------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------- --------------------------------------------------------------------- 3 SEC USE ONLY - -------- --------------------------------------------------------------------- 4 SOURCE OF FUNDS* PF - -------- --------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |_| - -------- --------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------- --------------------------------------------------------------------- 7 NUMBER OF SOLE VOTING POWER SHARES 1,246,915 ------- --------------------------------------------------- 8 BENEFICIALLY SHARED VOTING POWER OWNED BY -0- ------- --------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 1,246,915 ------- --------------------------------------------------- PERSON 10 SHARED DISPOSITIVE POWER WITH -0- - ------------------ ------- --------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,246,915 - -------- --------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |X| - -------- --------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.4% - -------- --------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------- --------------------------------------------------------------------- *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. SCHEDULE 13D - ------------------------------------------------------------------------------ CUSIP No. 654865 10 4 Page 11 of 24 Pages - ------------------------------------------------------------------------------ - -------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entity Only) Robert H. Savage - -------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------- --------------------------------------------------------------------- 3 SEC USE ONLY - -------- --------------------------------------------------------------------- 4 SOURCE OF FUNDS* PF - -------- --------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |_| - -------- --------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------- --------------------------------------------------------------------- 7 NUMBER OF SOLE VOTING POWER SHARES 277,777 ------- --------------------------------------------------- 8 BENEFICIALLY SHARED VOTING POWER OWNED BY -0- ------- --------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 277,777 ------- --------------------------------------------------- PERSON 10 SHARED DISPOSITIVE POWER WITH -0- - ------------------ ------- --------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 277,777 - -------- --------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |X| - -------- --------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.2% - -------- --------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------- --------------------------------------------------------------------- *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. SCHEDULE 13D - ------------------------------------------------------------------------------ CUSIP No. 654865 10 4 Page 12 of 24 Pages - ------------------------------------------------------------------------------ - -------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entity Only) Thomas M. Steinberg - -------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------- --------------------------------------------------------------------- 3 SEC USE ONLY - -------- --------------------------------------------------------------------- 4 SOURCE OF FUNDS* PF - -------- --------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |_| - -------- --------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------- --------------------------------------------------------------------- 7 NUMBER OF SOLE VOTING POWER SHARES 160,317 ------- --------------------------------------------------- 8 BENEFICIALLY SHARED VOTING POWER OWNED BY -0- ------- --------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 160,317 ------- --------------------------------------------------- PERSON 10 SHARED DISPOSITIVE POWER WITH -0- - ------------------ ------- --------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 160,317 - -------- --------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |X| - -------- --------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.3% - -------- --------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------- --------------------------------------------------------------------- *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. CUSIP NO. 654865 10 4 13D Page 13 of 24 Pages This Amendment No. 1 to Schedule 13D amends and supplements the Schedule 13D (the "Schedule 13D") filed with the Securities and Exchange Commission on June 26, 1998 by NF Partners, LLC, a Delaware limited liability company, JMC Investments LLC, a Connecticut limited liability company, Ravitch Rice & Company LLC, a New York limited liability company, Barry L. Bloom, Robyn Samuels, Paul A. Downey, Robert H. Savage, Thomas M. Steinberg, Andrew H. Tisch, and John Capozzi and relates to the acquisition on October 28, 1998 of 370,000 shares of Common Stock, par value $ .020 per share (the "Common Stock"), of NoFire Technologies, Inc. (the "Issuer") and warrants to purchase 925,000 shares of Common Stock. Capitalized terms used herein and not defined herein shall have the meanings ascribed thereto in the Schedule 13D. Item 2. Identity and Background. (a) This statement is being filed by the following entities and individuals: 1. NF Partners, LLC, a Delaware limited liability company ("NFP"); 2. JMC Investments LLC, a Connecticut limited liability company ("JMC"); 3. Ravitch Rice & Company LLC, a New York limited liability company ("RRC"); 4. Barry L. Bloom ("Bloom"); 5. Robyn Samuels ("Samuels"); 6. Paul A. Downey ("Paul Downey"); 7. Robert N. Downey (Robert Downey"); 8. Robert H. Savage ("Savage");and 9. Thomas M. Steinberg ("Steinberg"). NFP, JMC, RRC, Bloom, Samuels, Paul Downey, Robert Downey, Savage and Steinberg are referred to herein individually as a "Purchase Agreement Investors" and collectively as the "Purchase Agreement Investors". This statement is also being filed by Andrew H. Tisch ("Andrew H. Tisch") and John Capozzi ("Capozzi"). Andrew H. Tisch, Capozzi and the Purchase Agreement Investors are referred to herein individually as a "Reporting Person" and collectively as the "Reporting Persons." On October 28, 1998, the Purchase Agreement Investors other than Savage (the "Supplemental Purchase Agreement CUSIP NO. 654865 10 4 13D Page 14 of 24 Pages Investors") purchased from the Issuer in a private placement an aggregate of 370,000 units, each unit consisting of one share of Common Stock, and five-year warrants (the "Supplemental Purchase Agreement Warrants") to purchase 2.5 shares of Common Stock at an initial exercise price of $ .50 per share, for aggregate consideration of $185,000 pursuant to a Supplemental Common Stock and Five-Year Warrant Purchase Agreement (the "Supplemental Purchase Agreement") dated as of October 26, 1998 by and among the Issuer, the Supplemental Purchase Agreement Investors and Sam Oolie and Samuel Gottfried. The Supplemental Purchase Agreement allows the Supplemental Purchase Agreement Investors to purchase a total of 960,000 units, each unit consisting of one share of Common Stock and Supplemental Purchase Agreement Warrants to purchase 2.5 shares of Common Stock, for total aggregate consideration of $480,000. See Item 6, below. By signing this statement, each Reporting Person agrees that this Statement is filed on its, his or her behalf. The filing of this statement is not an admission by any Reporting Person that such Reporting Person and any other Reporting Person or Reporting Persons constitute a "group" for purposes of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended, or Rule 13d-5 thereunder. Each Reporting Person disclaims beneficial ownership of any shares of Common Stock owned by any other Reporting Person, except to the extent that beneficial ownership is expressly reported herein. Item 3. Source and Amount of Funds or Other Consideration. Set forth below is information regarding the funds used by the Purchase Agreement Investors to purchase the securities reported in Item 5 below. Reporting Aggregate Person Source of Funds Purchase Price NFP Working Capital $888,386.99 JMC Working Capital $ 41,320.78 RRC Working Capital $ 20,659.84 Bloom Personal Funds $ 37,188.09 Samuels Personal Funds $ 8,263.58 Paul Downey Personal Funds $ 41,320.78 Robert Downey Personal Funds $289,241.65 Savage Personal Funds $ 71,428.50 Steinberg Personal Funds $ 37,188.09 CUSIP NO. 654865 10 4 13D Page 15 of 24 Pages The foregoing amounts do not include the exercise price of the Purchase Agreement Warrants or the Supplemental Purchase Agreement Warrants. The Purchase Agreement Investors would have to pay the exercise price of the Purchase Agreement Warrants and the Supplemental Purchase Agreement Warrants to obtain the shares of Common Stock that are issuable upon exercise of the Purchase Agreement Warrants and the Supplemental Purchase Agreement Warrants and that are included among the shares of Common Stock beneficially owned by the Purchase Agreement Investors. The initial exercise price of the Supplemental Purchase Agreement Warrants is $0.50 per share of Common Stock. The initial exercise price of the Purchase Agreement Warrants purchased at the First Closing is $1.00 per share of Common Stock. Pursuant to the Supplemental Purchase Agreement, the exercise price of the Purchase Agreement Warrants that will be issued at the Second Tranche Closing and the Second Closing if the conditions for such closings are satisfied was reduced from $1.00 per share of Common Stock to $0.75 per share of Common Stock. The foregoing amounts also do not include the exercise price of certain warrants owned by Andrew H. Tisch and John Capozzi. CUSIP NO. 654865 10 4 13D Page 16 of 24 Pages Item 5. Interest in Securities of the Issuer. (a) Set forth in the table below is the aggregate number of shares of Common Stock beneficially owned as of the date hereof by each person or entity named in Item 2 above, together with the percentage of outstanding shares of Common Stock which is beneficially owned by each such person or entity. The information set forth in this table does not include any shares of Common Stock that the Purchase Agreement Investors may acquire pursuant to the Purchase Agreement or the Supplemental Purchase Agreement at future closings (see Item 6, below). The ownership percentages set forth in the table below are based on 12,366,434 shares of Common Stock having been outstanding subsequent to the transactions effected on October 28, 1998 pursuant to the Supplemental Purchase Agreement, which number of shares was derived by adding the 370,000 shares of Common Stock issued pursuant to the Supplemental Purchase Agreement to the number of shares outstanding last reported by the Issuer (11,996,434 as of July 7, 1998 as reported in the Issuer's Form 10-QSB for the quarter ended May 31, 1998). The percentages of the outstanding shares of Common Stock owned by each of the persons listed below and the percentage of the outstanding shares of Common Stock owned by all of such persons in the aggregate have been calculated in accordance with Rule 13d-3 under the Securities Exchange Act of 1934, as amended, to reflect ownership of shares of Common Stock issuable upon exercise of outstanding warrants. As provided in such Rule, shares of Common Stock issuable to any person upon exercise of its, his or her warrants (or issuable to all such persons in the aggregate) are deemed to be outstanding for the purpose of calculating such person's beneficial ownership (or all such persons' aggregate beneficial ownership) but not any other person's beneficial ownership. CUSIP NO. 654865 10 4 13D Page 17 of 24 Pages
% of Class Name of Amount and Nature of Out- Beneficial Owner Beneficial Ownership standing ---------------- -------------------- ---------- Owned Has Right Currently to Acquire Total --------- ---------- ----- NFP 1,094,235 2,735,587 3,829,822 25.4% FP (1) (1) (1) (1) 4-14P (1) (1) (1) (1) Andrew H. Tisch (1) (1) (1) (1) 1991 Trust Daniel R. Tisch (1) (1) (1) (1) 1991 Trust James S. Tisch (1) (1) (1) (1) 1991 Trust Thomas J. Tisch (1) (1) (1) (1) 1991 Trust Andrew H. Tisch 160,000(1) 125,000(1)(2) 285,000(1)(2) 2.3%(1) Daniel R. Tisch (1) (1) (1) (1) James S. Tisch (1) (1) (1) (1) Thomas J. Tisch (1) (1) (1) (1) JMC 50,895 127,238 178,134 1.4% Capozzi 100,000(3) 75,000(3) 175,000(3) 1.4%(3) RRC 25,447 63,618 89,065 0.7% Richard Ravitch (4) (4) (4) (4) Donald S. Rice (4) (4) (4) (4) Barry L. Bloom 45,805 114,512 160,317 1.3% Robyn Samuels 10,178 25,446 35,624 0.3% Paul A. Downey 50,895 127,238 178,134 1.4% Robert N. Downey 356,262 890,654 1,246,915 9.4% Robert H. Savage 79,365 198,412 277,777 2.2% Thomas M. Steinberg 45,805 114,512 160,317 1.3% --------- --------- --------- ----- Total 2,018,887 4,597,218 6,616,105 39.0%
CUSIP NO. 654865 10 4 13D Page 18 of 24 Pages (1) Does not include shares owned by NFP. None of FP, 4-14P or the Messrs. Tisch beneficially owns any shares of Common Stock, except for the shares of Common Stock beneficially owned by Andrew H. Tisch and except to the extent that beneficial ownership of shares of Common Stock beneficially owned by NFP may be attributed to them. (2) Prior to the transactions effected pursuant to the Purchase Agreement, Mr. Tisch acquired the following warrants: (a) warrants to acquire 50,000 shares of Common Stock at an exercise price of $2.00 per share, which warrants expire on November 13, 2001, (b) warrants to acquire 50,000 shares of Common Stock at an exercise price of $2.00 per share, which warrants expire on September 22, 2002 and (c) warrants to acquire 25,000 shares of Common Stock at an exercise price of $3.00 per share, which warrants expire on September 22, 2002. (3) Shares in the "Owned Currently" column are owned by Mr. Capozzi's wife. Shares in the "Has Right to Acquire" column are shares of Common Stock issuable upon exercise of the Consultant Warrants. Mr. Capozzi's rights to receive the Consultant Warrants vest at the rate of 1,250 Consultant Warrants monthly for so long as Mr. Capozzi continues to perform consulting services for the Issuer over a five-year period commencing on the date of the First Closing. Does not include shares owned by JMC. (4) Does not include shares owned by RRC. Neither Mr. Ravitch nor Mr. Rice beneficially owns any shares of Common Stock, except to the extent that beneficial ownership of shares of Common Stock beneficially owned by RRC may be attributed to them. (b) Set forth in the table below is information with respect to the number of shares of Common Stock beneficially owned as of the date hereof by each person or entity named in Item 2 above, indicating, with respect to such shares of Common Stock, whether each such person has the sole power to vote or direct the vote or shared power to vote or direct the vote and sole power to dispose or direct the disposition or shared power to dispose or direct the disposition. CUSIP NO. 654865 10 4 13D Page 19 of 24 Pages
Power to Dispose or Name of Beneficial Power to Vote or Direct Direct the Owner the Vote Disposition ----- -------- -------------- Sole Shared Sole Shared ---- ------ ---- ------ NFP 3,829,822 0 3,829,822 0 FP (1) (1) (1) (1) 4-14P (1) (1) (1) (1) Andrew H. Tisch (1) (1) (1) (1) 1991 Trust Daniel R. Tisch (1) (1) (1) (1) 1991 Trust James S. Tisch (1) (1) (1) (1) 1991 Trust Thomas J. Tisch (1) (1) (1) (1) 1991 Trust Andrew H. Tisch 285,000(1) (1) 285,000(1) (1) Daniel R. Tisch (1) (1) (1) (1) James S. Tisch (1) (1) (1) (1) Thomas J. Tisch (1) (1) (1) (1) JMC 178,134 0 178,134 0 RRC 89,065 0 89,065 0 Capozzi 175,000(2) (2) 175,000(2) (2) Richard Ravitch (3) (3) (3) (3) Donald S. Rice (3) (3) (3) (3) Barry L. Bloom 160,317 0 160,317 0 Robyn Samuels 35,624 0 35,624 0 Paul A. Downey 178,134 0 178,134 0 Robert N. Downey 1,246,915 0 1,246,915 0 Robert H. Savage 277,777 0 277,777 0 Thomas M. Steinberg 160,317 0 160,317 0
(1) By virtue of their status as managing trustees of the trusts which are the general partners of FP and which are (i) members of 4-14P or (ii) partners of partnerships which are members of 4-14P or (iii) partners of partnerships which are partners of partnerships which are members of 4-14P, the Messrs. Tisch may be deemed to have indirectly shared power to vote or direct the vote and dispose or CUSIP NO. 654865 10 4 13D Page 20 of 24 Pages direct the disposition of the shares of Common Stock owned by NFP. (2) By virtue of his status as manager and a member of JMC, Mr. Capozzi may be deemed to have indirectly power to vote or direct the vote and dispose or direct the disposition of the shares of Common Stock owned by JMC. (3) By virtue of their status as members of RRC, Mr. Ravitch and Mr. Rice may be deemed to have indirectly shared power to vote or direct the vote and dispose or direct the disposition of the shares of Common Stock owned by NFP. (c) The only transactions in the Common Stock effected by the Reporting Persons during the sixty days preceding the date hereof were the respective acquisitions by the Supplemental Purchase Agreement Investors on October 28, 1998 from the Issuer in a private placement pursuant to the Supplemental Purchase Agreement of units consisting of one share of Common Stock and Purchase Agreement Warrants to purchase 2.5 shares of Common Stock, which are summarized below. None of the other persons or entities named in Item 2 above effected any other transactions in the Common Stock during the 60 days preceding the date hereof. Name of Reporting Person Units ---------------- ----- Number Price/Unit ------ ---------- NFP 241,061 $0.50 JMC 11,212 $0.50 RRC 5,606 $0.50 Barry L. Bloom 10,091 $0.50 Robyn Samuels 2,242 $0.50 Paul A. Downey 11,212 $0.50 Robert N. Downey 78,485 $0.50 Robert H. Savage 0 $0.50 Thomas M. Steinberg 10,091 $0.50 ------- 370,000 (d) No other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares of Common Stock beneficially owned by the persons and entities named in Item 2 above. CUSIP NO. 654865 10 4 13D Page 21 of 24 Pages Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. The Supplemental Purchase Agreement Investors purchased 370,000 shares of Common Stock and Supplemental Purchase Agreement Warrants exercisable for 925,000 shares of Common Stock from the Issuer in a private placement on October 28, 1998 pursuant to the Supplemental Purchase Agreement. The Supplemental Purchase Agreement provides that the Supplemental Purchase Agreement Investors may purchase up to an additional 590,000 units. In order to obtain any financing under the Supplemental Purchase Agreement, the Issuer must on or before March 31, 1999 give the Chief Financial Officer of the Tisch Family Interests, as agent for the Supplemental Purchase Agreement Investors (the "Agent"), at least ten (10) days written notice of its desire to obtain such financing setting forth in detail each proposed expenditure required (the "Proposed Expenditure"), the purpose therefor, the payee or payees and any other pertinent information. The Agent must either accept or decline the Issuer's request to finance the Proposed Expenditure by replying in writing within ten (10) days of receipt of the Issuer's notice. Each purchase and sale shall be consummated at a closing on the date set forth in the notice requesting the Proposed Expenditure. The aggregate purchase price paid by the Agent on behalf of the Supplemental Purchase Agreement Investors shall be an amount up to the total amount requested, and the total number of units issued and sold to the Supplemental Purchase Agreement Investors shall be two times the aggregate purchase price paid, allocated to each Supplemental Purchase Agreement Investor pro rata according to percentages set forth in Schedule 1 of the Supplemental Purchase Agreement. Pursuant to the Supplemental Purchase Agreement, Sam Oolie agreed to defer and subordinate his salary from the Issuer from October 26, 1998 through March 31, 1999 or such earlier date as the Issuer shall have available cash flow from revenues. Also pursuant to the Supplemental Purchase Agreement, the Issuer amended Section 2.1(b) and Section 2.2 of the Purchase Agreement to provide that the purchase price for each unit purchasable under the Purchase Agreement will be reduced from $.90 to $.75 and the exercise price of each Purchase Agreement Warrant to be issued in the Second Tranche Closing and the Second Closing if the conditions for such closings are satisfied will be reduced from $1.00 to $.75 per share of Common Stock. Item 7. Material to be filed as Exhibits. Exhibit 1. Agreement regarding the joint filing of this Statement. CUSIP NO. 654865 10 4 13D Page 22 of 24 Pages Exhibit 2. Common Stock and Five-Year Warrant Purchase Agreement dated as of June 15, 1998 between the Issuer, the Purchase Agreement Investors and Sam Oolie and Samuel Gottfried. Incorporated herein by reference to Exhibit 2 to the Schedule 13D. Exhibit 3. Form of Warrant. (Attached to the Purchase Agreement as Exhibit A.) Incorporated herein by reference to Exhibit 3 to the Schedule 13D. Exhibit 4. Registration Rights Agreement dated as of June 15, 1998 between the Issuer and the Purchase Agreement Investors. (Attached to the Purchase Agreement as Exhibit D.) Incorporated herein by reference to Exhibit 4 to the Schedule 13D. Exhibit 5. Supplemental Common Stock and Five-Year Warrant Purchase Agreement dated as of October 26, 1998 between the Issuer, the Supplemental Purchase Agreement Investors and Sam Oolie and Samuel Gottfried. CUSIP NO. 654865 10 4 13D Page 23 of 24 Pages SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I hereby certify that the information set forth in this statement is true, complete and correct. October 30, 1998 NF PARTNERS, LLC By /s/ Andrew H. Tisch Andrew H. Tisch, Manager JMC INVESTMENTS LLC By /s/ John Capozzi John Capozzi, Manager RAVITCH RICE & COMPANY LLC By /s/ Donald S. Rice Donald S. Rice, Managing Director /s/ Barry L. Bloom Barry L. Bloom /s/ Robyn Samuels Robyn Samuels /s/ Paul A. Downey Paul A. Downey CUSIP NO. 654865 10 4 13D Page 24 of 24 Pages /s/ Robert N. Downey Robert N. Downey /s/ Robert H. Savage Robert H. Savage /s/ Thomas M. Steinberg Thomas M. Steinberg /s/ Andrew H. Tisch Andrew H. Tisch /s/ John Capozzi John Capozzi EXHIBIT INDEX Exhibit 1. Agreement regarding the joint filing of this Statement. Exhibit 2. Common Stock and Five-Year Warrant Purchase Agreement dated as of June 15, 1998 between the Issuer, the Purchase Agreement Investors and Sam Oolie and Samuel Gottfried. Incorporated herein by reference to Exhibit 2 to the Schedule 13D. Exhibit 3. Form of Warrant. (Attached to the Purchase Agreement as Exhibit A.) Incorporated herein by reference to Exhibit 3 to the Schedule 13D. Exhibit 4. Registration Rights Agreement dated as of June 15, 1998 between the Issuer and the Purchase Agreement Investors. (Attached to the Purchase Agreement as Exhibit D.) Incorporated herein by reference to Exhibit 4 to the Schedule 13D. Exhibit 5. Supplemental Common Stock and Five-Year Warrant Purchase Agreement dated as of October 26, 1998 between the Issuer, the Supplemental Purchase Agreement Investors and Sam Oolie and Samuel Gottfried. EXHIBIT 1 AGREEMENT In accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree that Amendment No. 1 dated October 30, 1998 to the Schedule 13D relating to the Common Stock, par value $0.20 per share, of NoFire Technologies, Inc., as the same may be amended from time to time hereafter, is being filed with the Securities and Exchange Commission on behalf of each of them. Dated: October 30, 1998 NF PARTNERS, LLC By /s/ Andrew H. Tisch Andrew H. Tisch, Manager JMC INVESTMENTS LLC By /s/ John Capozzi John Capozzi, Manager RAVITCH RICE & COMPANY LLC By /s/ Donald S. Rice Donald S. Rice, Managing Director /s/ Barry L. Bloom Barry L. Bloom /s/ Robyn Samuels Robyn Samuels /s/ Paul A. Downey Paul A. Downey /s/ Robert N. Downey Robert N. Downey /s/ Robert H. Savage Robert H. Savage /s/ Thomas M. Steinberg Thomas M. Steinberg /s/ Andrew H. Tisch Andrew H. Tisch /s/ John Capozzi John Capozzi EX-99 2 EXHIBIT 5 Exhibit 5 NoFire Technologies, Inc. Supplemental Common Stock and Five-Year Warrant Purchase Agreement This Agreement is made as of October 26, 1998 by and among NoFire Technologies, Inc., a Delaware corporation (the "Company"), with an office at 21 Industrial Avenue, Upper Saddle River, New Jersey, 07458, its principal stockholders, Sam Oolie and Samuel Gottfried (hereinafter referred to individually as a "Principal Stockholder" and collectively as "Principal Stockholders"), and the purchasers identified on Schedule 1 hereto (hereinafter referred to individually as a "Supplemental Purchaser" and collectively as "Supplemental Purchasers"). WHEREAS, pursuant to a Common Stock and Five-Year Warrant Purchase Agreement dated as of June 15, 1998 among the Company, the Principal Stockholders, and certain of the Supplemental Purchasers (the "Original Agreement," the defined terms in which shall also be used here with their same meanings), the Company agreed to issue and sell and the Supplemental Purchasers agreed to purchase investment units consisting of Shares and Warrants the net proceeds of which were to be used for the purposes set forth in Section 6.5 of the Original Agreement, and WHEREAS, the Company has not yet met the conditions for the Tranche 2 Closing or the Second Closing and requires additional financing of up to $480,000 through March 31, 1999 to proceed with its current business plan, and WHEREAS, the Supplemental Purchasers are willing to provide additional financing of up to $480,000 through the purchase of additional investment units consisting of Shares and Warrants subject to the terms and conditions hereof, including an amendment of the Original Agreement, NOW, THEREFORE, in consideration of the premises and the mutual agreements hereinafter contained, the parties hereto do hereby agree as follows: 1. Purchase and Sale. 1.1 Authorization. The Company has authorized the sale and issuance of up to 960,000 Shares and five-year Warrants to purchase up to 2,400,000 additional Shares at an exercise price of $.50 per Share. 1.2 Sale of Shares and Warrants. Subject to the provisions of this Agreement, including the form of Share Purchase Warrant attached as Exhibit A to the Original Agreement, and on the closing dates set forth below, the Company will sell to each of the Supplemental Purchasers, severally and not jointly, and each of the Supplemental Purchasers, severally and not jointly, will purchase from the Company, up to a total amount of 960,000 investment units each consisting of 1 Share and Warrants to purchase 2.5 Shares in the number of Shares and Warrants set forth opposite each Purchaser's name in Schedule 1 attached hereto at the purchase price of $.50 per investment unit or a maximum purchase price of up to a total amount of $480,000. 2. Closings of Purchases and Sales. The Supplemental Purchasers hereby agree to immediately wire transfer immediately available funds in an amount equal to their respective maximum potential purchase price amounts to an account designated by the Chief Financial Officer of the Tisch Family Interests who will act as their agent (the "Agent") to make purchases of investment units on their behalf at closings hereunder. In order to obtain any financing hereunder, the Company must on or before March 31, 1999 give the Agent at least ten (10) days written notice of its desire to obtain such financing setting forth in detail each proposed expenditure required (the "Proposed Expenditure"), the purpose therefor, the payee or payees and any other pertinent information. The Agent must either accept or decline the Company's request to finance the Proposed Expenditure by replying in writing within ten (10) days of receipt of the Company's notice. Each purchase and sale shall be consummated at a closing on the date set forth in the notice requesting the Proposed Expenditure. The aggregate purchase price paid by the Agent on behalf of the Supplemental Purchasers shall be an amount up to the total amount requested, and the total number of investment units issued and sold to the Supplemental Purchasers shall be two times the aggregate purchase price paid, allocated to each Supplemental Purchaser pro rata according to percentages set forth in Schedule 1. The Agent will pay the Company the purchase price for the investment units by wire transfer of immediately available funds to a bank account designated by the Company, with the Company being obligated to disburse such funds directly to the payees listed in the request for the Proposed Expenditure which has been accepted by the Agent on behalf of the Supplemental Purchasers, provided, however, that the Agent reserves the right to make such payment by disbursing funds directly to such payees. At any such closing, and as a condition thereto, the Company will deliver to the Supplemental Purchasers (or the Agent on their behalf) certificates representing the number of Shares and Warrants subject to purchase, together with a copy of an opinion of counsel as provided in Section 2.1 of the Original Agreement and a bring-down certificate executed by each Principal Stockholder and the Company stating (i) that the representations and warranties set forth in Section 3 of the Original Agreement are true and correct in all material respects on the date of such closing and (ii) that the Company has performed and complied in all material respects with all covenants and agreements provided in Section 6 required of it on or prior to the date of such closing. The Agent for the Supplemental Purchasers will deliver to the Company a certificate stating that the representations and warranties set forth in Section 4 of the Original Agreement are true and correct on the date of such closing. The Agent for the Supplemental Purchasers may at any time upon ten (10) days written notice to the Company on or before March 31, 1999 elect to purchase the balance of investment units not purchased prior to the date of such notice at a closing to be held ten (10) days from the date of such notice subject to all of the terms and conditions hereof. No Supplemental Purchaser shall have any liability or obligation to the Company or any other party for any amount requested which is declined by the Agent on behalf of the Supplemental Purchasers. The Agent shall return to the Supplemental Purchasers any amounts not used to purchase investment units on or before March 31, 1999. 3. Representations and Warranties of the Company and its Principal Stockholders. Each of the Company's Principal Stockholders and the Company hereby represents and warrants to each of the Supplemental Purchasers that the representations and warranties set forth in Section 3 of the Original Agreement are true and correct in all material respects as of the date hereof. 4. Representations and Warranties of Each Supplemental Purchaser. Each Supplemental Purchaser severally represents and warrants that the representations and warranties set forth in Section 4 of the Original Agreement are true and correct in all material respects as of the date hereof. 5. Survival of Representations and Warranties and Indemnification. 5.1 Survival of Representations and Warranties. The representations and warranties of each Principal Stockholder and the Company and each Supplemental Purchaser which are set forth in Sections 3 and 4, respectively, shall survive each closing and remain in full force and effect until the expiration of any applicable limitations period. 5.2 Indemnification by Principal Stockholder and the Company. Each of Sam Oolie and the Company will indemnify, defend, save and hold harmless each Supplemental Purchaser from and against any and all damage, liability, loss, penalty, expense, assessment, judgment or deficiency of any nature whatsoever (including, without limitation, reasonable attorney's fees and expenses incident to any suit, action or proceeding) whether upon the occurrence thereof or thereafter (collectively, "Losses") incurred or sustained by such Supplemental Purchaser which shall arise out of or result from any breach of any representation, warranty or agreement given or made by such indemnifying party. 5.3 Indemnification by Each Supplemental Purchaser. Each Supplemental Purchaser, severally and not jointly, will indemnify, defend, save and hold harmless the Company from and against any and all Losses incurred or sustained by the Company which shall arise out of or result from any breach of any representation or warranty given or made by such Supplemental Purchaser herein. 6. Further Agreements, Assurances, and Covenants. The Company hereby confirms that it has performed and complied in all material respects with all covenants and agreements provided in Section 6 of the Original Agreement which are required of it on or prior to the date hereof. The Company agrees that it will take all necessary action as soon as is reasonably possible, including holding a meeting of stockholders or obtaining written consents of stockholders, to amend the Certificate of Incorporation to authorize a sufficient number of shares to provide for the issuance of shares upon the exercise of all outstanding warrants and convertible debentures, including the Warrants for which a sufficient number of authorized but unissued Shares must be reserved. The Company agrees that all legal fees and expenses incurred by the Supplemental Purchasers in connection with entering into and accomplishing the transactions under this Agreement and any incurred in connection with disputes regarding this Agreement brought about by inaccuracies, misrepresentations or breach of any of the above will be paid for by the Company. The Company also agrees that the Supplemental Purchasers shall have the registration rights with respect to the Shares and Warrants set forth in the Registration Rights Agreement attached to the Original Agreement. 7. Salary Deferral. Sam Oolie hereby agrees to defer and subordinate his salary from the Company from the date hereof through March 31, 1999 or such earlier date as the Company shall have available cash flow from revenues. 8. Amendment of Purchase Price. The Company hereby agrees to amend Section 2.1(b) and Section 2.2 of the Original Agreement to provide that the purchase price for each investment unit will be reduced from $.90 to $.75 and the exercise price of each Warrant will be reduced from $1.00 to $.75 per Share. 9. Miscellaneous. 9.1 Notices. All notices, requests, consents and other communications herein shall be in writing and shall be mailed by registered or certified mail, postage prepaid, or personally delivered, as follows: (a) If to the Company or any Principal Stockholder, addressed to such party at: NoFire Technologies, Inc. 21 Industrial Avenue Upper Saddle River, NJ 07458 Attn: President With a copy to: Gerald H. Litwin, P.A. 2 University Plaza Hackensack, NJ 07601 (b) If to the Supplemental Purchasers: at their respective addresses set forth on Schedule 2 hereto or such other addresses as each of the parties hereto may provide from time to time in writing to the other parties. 9.2 Modifications; Waiver. Neither this Agreement nor any provision hereof may be changed, waived, discharged or terminated orally or in writing. 9.3 Entire Agreement. This Agreement, including the Schedules, contains the entire agreement between the parties with respect to the transactions contemplated hereby, and supersedes all negotiations, agreements, representations, warranties, commitments, whether in writing or oral, prior to the date hereof. 9.4 Effectiveness. This Agreement shall become effective only when executed by the Supplemental Purchasers, the Principal Stockholders and the Company. 9.5 Successors and Assigns. All of the terms of this Agreement shall be binding upon and inure to the benefit of and be enforceable by the respective successors and assigns of the parties hereto. 9.6 No Third-Party Beneficiaries. Nothing in this Agreement will be construed as giving any person, firm, corporation or other entity, other than the parties hereto and their successors and permitted assigns, any right, remedy or claim under or in respect of this Agreement or any provision hereof. 9.7 Execution and Counterparts. This Agreement may be executed in any number of counterparts, each of which when so executed and delivered shall be deemed an original, and such counterparts together shall constitute one instrument. Each party shall receive a duplicate original of the counterpart copy or copies executed by it and by the Company. 9.8 Governing Law and Severability. This Agreement shall be governed by and construed and interpreted in accordance with the laws of the State of New Jersey without reference to principles of conflict of laws or choice of laws. In the event any provision of this Agreement or the application of any such provision to any party shall be held by a court of competent jurisdiction to be contrary to law, the remaining provisions of this Agreement shall remain in full force and effect. 9.9 Headings. The descriptive headings of the Sections hereof and of the Schedules and Exhibits hereto are inserted for convenience only any do not constitute a part of this Agreement. 9.10 Execution by Telefacsimile Transmission. Telefacsimile transmissions of any executed original document and/or retransmission of any executed telefacsimile transmission shall be deemed to be the same as the delivery of an executed original. At the request of any party hereto, the other parties shall confirm telefacsimile transmissions by executing duplicate original documents and delivering the same to the requesting party or parties. COUNTERPART SIGNATURE PAGE SUPPLEMENTAL COMMON STOCK AND FIVE-YEAR WARRANT PURCHASE AGREEMENT IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first written above. The Company Supplemental Purchasers NoFire Technologies, Inc. NF Partners, LLC By:__________________________ By:__________________________ Andrew H. Tisch, Manager JMC Investments LLC Principal Stockholders By:__________________________ John Capozzi,_______________ ______________________________ Sam Oolie Ravitch Rice & Company LLC By:_________________________ ______________________________ Donald S. Rice, Managing Dir. Dr. Samuel Gottfried ____________________________ Barry L. Bloom ____________________________ Paul A. Downey ____________________________ Robert N. Downey ____________________________ Robyn Samuels ____________________________ Thomas M. Steinberg SCHEDULE 1 Supplemental Purchasers and Maximum Potential Purchase Amounts
Supplemental Purchaser # Shares # Warrants Maximum Potential Pro Rata Percentage - ---------------------- -------- ---------- ------------------ ------------------- Purchase Price -------------- NF Partners, LLC 625,455 1,563,638 $312,727.50 65.1516% JMC Investments, LLC 29,091 72,727 14,545.50 3.0303 Ravitch Rice & Company LLC 14,545 36,363 7,272.50 1.5151 Barry L. Bloom 26,182 65,455 13,091.00 2.7273 Paul A. Downey 29,091 72,727 14,545.50 3.0303 Robert N. Downey 203,636 509,090 101,818.00 21.2121 Robyn Samuels 5,818 14,545 2,909.00 0.6060 Thomas M. Steinberg 26,182 65,455 13,091.00 2.7273 -------- ----------- ------------- ---------- Totals 960,000 2,400,000 $480,000.00 100.0000%
Schedule 2 Supplemental Purchaser's Addresses NF Partners, LLC Robyn Samuels 667 Madison Avenue 150 West End Avenue, #5M New York, NY 10021 New York, NY 10023 Attn: Mr. Andrew H. Tisch S.S.# ###-##-#### EIN# 13-4009506 JMC Investments LLC Thomas M. Steinberg 125 Brett Lane 199 Aycrigg Avenue Fairfield, CT 06430 Passaic Park, NJ 07055 Attn: Mr. John Capozzi S.S.#556-155293 EIN#06-1415533 Ravitch Rice & Company LLC 610 Fifth Avenue, Suite 420 New York, NY 10020 Attn: Mr. Donald S. Rice EIN# 13-3868809 Barry L. Bloom 46 Woodmere Drive Summit, NJ 07901 S.S. ####-##-#### Paul A. Downey 1100 Sacramento Street - Suite 110 San Francisco, CA 94108 S.S.####-##-#### Robert N. Downey 755 Park Avenue, Apt. 8B New York, NY 10021 S.S.####-##-#### -----END PRIVACY-ENHANCED MESSAGE-----