-----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, IeHkq5Ku6UcigwIKm50QfXHnLPd0C5eHVWs55VIZkTXNtfiE/iyf+k1aKx899CIS ZEjKJWdXhX0vkq4boF4TRA== 0001082990-00-000055.txt : 20000214 0001082990-00-000055.hdr.sgml : 20000214 ACCESSION NUMBER: 0001082990-00-000055 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000211 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AIRTRAX INC CENTRAL INDEX KEY: 0001081372 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 223506376 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-56173 FILM NUMBER: 537001 BUSINESS ADDRESS: STREET 1: 1616 PENNSYLVANIA AVE 122 CITY: VINELAND STATE: NJ ZIP: 08361 BUSINESS PHONE: 8563278112 MAIL ADDRESS: STREET 1: 1616 PENNSYLVANIA AVE 122 CITY: VINELAND STATE: NJ ZIP: 08361 FORMER COMPANY: FORMER CONFORMED NAME: MAS ACQUISITION IX CORP DATE OF NAME CHANGE: 19990308 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: TSAI AARON CENTRAL INDEX KEY: 0001082990 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 1710 E DIVISION STREET CITY: EVANSVILLE STATE: IN ZIP: 47711 BUSINESS PHONE: 8124797266 MAIL ADDRESS: STREET 1: 1710 EAST DIVISION STREET CITY: EVANSVILLE STATE: IN ZIP: 47711 SC 13G/A 1 [DESCRIPTION]SCHEDULE 13G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 2 )* AirTrax, Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 008920 10 0 (CUSIP Number) December 31, 1999 Year end Report (Date of Event Which Requires Filing of this Statement) Aaron Tsai c/o MAS Financial Corp. 1710 E. Division St. Evansville, Indiana 47711 (812) 479-7266 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [_] 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 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). Page 1 of 6 - -------------------------------------------------------------------------------- CUSIP No.: 008920 10 0 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON MAS Capital Inc. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 31-1678027 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [_] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Indiana - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 111,229 NUMBER OF SHARES -------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH -------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON 111, 229 WITH -------------------------------------------- 8 SHARED DISPOSITIVE POWER - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 111,229 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.39% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON CO - -------------------------------------------------------------------------------- 2 - -------------------------------------------------------------------------------- CUSIP No.: 008920 10 0 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON Aaron Tsai S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ###-##-#### - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [_] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION USA - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 111,229 NUMBER OF SHARES -------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH -------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON 111,229 WITH -------------------------------------------- 8 SHARED DISPOSITIVE POWER - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 111,229 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.39% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON IN - -------------------------------------------------------------------------------- 3 Item 1. (a) Name of Issuer: AirTrax, Inc. (b) Address of Issuer's Principal Executive Offices: 1616 Pennsylvania Avenue #122 Vineland, NJ 08361 Item 2. (a) Name of Person Filing: MAS Capital Inc. and Aaron Tsai (MAS Capital Inc. is controlled by Aaron Tsai and all shares are owned by MAS Capital Inc.) (b) Address of Principal Business Office: MAS Capital Inc. and Aaron Tsai: c/o MAS Financial Corp. 1710 E. Division St. Evansville, IN 47711 (c) Citizenship: MAS Capital Inc. - Indiana, Aaron Tsai - USA. (d) Title of Class of Securities: Common Stock (e) CUSIP Number: 008920 10 0 Item 3. Not Applicable. Item 4. Ownership (a) Amount Beneficially Owned: 111,229 (b) Percent of Class: 2.39% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote 111,229. (ii) shared power to vote or to direct the vote -0-. (iii) sole power to dispose or to direct the disposition of 111,229. (iv) shared power to dispose or to direct the disposition of -0-. Item 5. Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following X. Item 6. Ownership of More than Five Percent on Behalf of Another Person Not Applicable. 4 Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company Not Applicable. Item 8. Identification and Classification of Members of the Group Not Applicable. Item 9. Notice of Dissolution of a Group Not Applicable. Item 10. Certification Not Applicable. 5 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. January 31, 2000 MAS Capital Inc. By: /s/ Aaron Tsai ---------------------------------- Aaron Tsai President By: /s/ Aaron Tsai ---------------------------------- Aaron Tsai Page 6 of 6 -----END PRIVACY-ENHANCED MESSAGE-----