-----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, SEpKkk/xarvdDkIqf30PCabXg2Rx11tRsAJFLYAh6pG5dRE4gkf5w+k580Q2kqht dU/IMHIktndqbx9bW53eFw== 0001193125-06-004291.txt : 20060110 0001193125-06-004291.hdr.sgml : 20060110 20060110155015 ACCESSION NUMBER: 0001193125-06-004291 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20060110 DATE AS OF CHANGE: 20060110 GROUP MEMBERS: BOSTON AVENUE CAPITAL, LLC GROUP MEMBERS: CHARLES M. GILLMAN GROUP MEMBERS: VALUE FUND ADVISORS, LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: COLLINS INDUSTRIES INC CENTRAL INDEX KEY: 0000021759 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLES & PASSENGER CAR BODIES [3711] IRS NUMBER: 430985160 STATE OF INCORPORATION: MO FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-16951 FILM NUMBER: 06522373 BUSINESS ADDRESS: STREET 1: 15 COMPOUND DR CITY: HUTCHINSON STATE: KS ZIP: 67502 BUSINESS PHONE: 6206635551 MAIL ADDRESS: STREET 1: 15 COMPOUND DRIVE STREET 2: PO BOX 648 CITY: HUTCHINSON STATE: KS ZIP: 67502 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Yorktown Avenue Capital, LLC CENTRAL INDEX KEY: 0001314801 IRS NUMBER: 201038262 STATE OF INCORPORATION: OK FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: C/O T. WAGMAN @ FREDERIC DORWART LAWYERS STREET 2: 124 EAST FOURTH STREET CITY: TULSA STATE: OK ZIP: 74103 BUSINESS PHONE: 918-583-9922 MAIL ADDRESS: STREET 1: C/O T. WAGMAN @ FREDERIC DORWART LAWYERS STREET 2: 124 EAST FOURTH STREET CITY: TULSA STATE: OK ZIP: 74103 SC 13D/A 1 dsc13da.htm SCHEDULE 13D AMENDMENT NO. 1 Schedule 13D Amendment No. 1

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13D/A

Amendment #1

 

 

Under the Securities Exchange Act of 1934

 

 

 

Collins Industries, Inc.


(Name of Issuer)

 

 

COMMON STOCK


(Title of Class of Securities)

 

 

194858-10-6


(CUSIP Number)

 

 

Tamara R. Wagman

124 E. 4th Street

Tulsa, Oklahoma 74103

(918) 583-9922


(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

 

 

January 3, 2006


(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  ¨.

 

*   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. 194858-10-6   SCHEDULE 13D    

 

  1.  

NAME OF REPORTING PERSON

 

            Yorktown Avenue Capital, LLC

   
  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨

(b)  ¨

   
  3.  

SEC USE ONLY

 

   
  4.  

SOURCE OF FUNDS

 

            See Item 3

   
  5.  

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ¨
  6.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

            Oklahoma

   
  7.  

    SOLE VOTING POWER

 

            448,971

   
  8.  

SHARED VOTING POWER

 

            -0-

   
  9.  

SOLE DISPOSITIVE POWER

 

            448,971

   
10.  

SHARED DISPOSITIVE POWER

 

            -0-

   
11.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            448,971

   
12.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

 

¨

 

13.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

            6.8%

   
14.  

TYPE OF REPORTING PERSON

 

            OO ( Limited Liability Company)

   

 

 


CUSIP NO. 194858-10-6   SCHEDULE 13D    

 

  1.  

NAME OF REPORTING PERSON

 

            Boston Avenue Capital, LLC

   
  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨

(b)  ¨

   
  3.  

SEC USE ONLY

 

   
  4.  

SOURCE OF FUNDS

 

            See Item 3

   
  5.  

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ¨
  6.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

            Oklahoma

   
  7.  

SOLE VOTING POWER

 

            448,971

   
  8.  

SHARED VOTING POWER

 

            -0-

   
  9.  

SOLE DISPOSITIVE POWER

 

            448,971

   
10.  

SHARED DISPOSITIVE POWER

 

            -0-

   
11.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            448,971

   
12.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

 

¨

 

13.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

            6.8%

   
14.  

TYPE OF REPORTING PERSON

 

            OO ( Limited Liability Company)

   

 

 


CUSIP NO. 194858-10-6   SCHEDULE 13D    

 

  1.  

NAME OF REPORTING PERSON

 

            Value Fund Advisors, LLC

   
  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨

(b)  ¨

   
  3.  

SEC USE ONLY

 

   
  4.  

SOURCE OF FUNDS

 

            See Item 3

   
  5.  

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ¨
  6.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

            Oklahoma

   
  7.  

SOLE VOTING POWER

 

            448,971

   
  8.  

SHARED VOTING POWER

 

            -0-

   
  9.  

SOLE DISPOSITIVE POWER

 

            448,971

   
10.  

SHARED DISPOSITIVE POWER

 

            -0-

   
11.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            448,971

   
12.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

 

¨

 

13.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

            6.8%

   
14.  

TYPE OF REPORTING PERSON

 

            OO ( Limited Liability Company)

   

 

 


CUSIP NO. 194858-10-6   SCHEDULE 13D    

 

  1.  

NAME OF REPORTING PERSON

 

            Charles M. Gillman

   
  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)  ¨

(b)  ¨

   
  3.  

SEC USE ONLY

 

   
  4.  

SOURCE OF FUNDS*

 

            See Item 3

   
  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 of America

   
  7.  

SOLE VOTING POWER

 

            448,971

   
  8.  

SHARED VOTING POWER

 

            -0-

   
  9.  

SOLE DISPOSITIVE POWER

 

            448,971

   
10.  

SHARED DISPOSITIVE POWER

 

            -0-

   
11.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            448,971

   
12.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

 

¨

 

13.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

            6.8%

   
14.  

TYPE OF REPORTING PERSON

 

            IN

   

 

 


CUSIP NO. 194858-10-6   SCHEDULE 13D    

 

Item 1. Security and Issuer

 

This Schedule 13D relates to shares of Common Stock (the “Common Stock”) of Collins Industries, Inc., a Texas corporation (the “Issuer”). The principal executive office and mailing address of the Issuer is 15 Compound Drive, Hutchinson, Kansas 67502.

 

Item 2. Identity and Background

 

This Schedule 13D is being filed by Boston Avenue Capital and Yorktown Avenue Capital, LLC, both limited liability companies managed by Value Fund Advisors, LLC of which Mr. Charles Gillman is the manager and a member.

 

Boston and Yorktown are an Oklahoma limited liability companies whose principal business is business investment. Value Fund Advisors, an Oklahoma limited liability company, is an investment advisor for Boston and Yorktown. Charles M. Gillman, is the Manager of Value Fund Advisors.

 

The principal business office addresses of Boston Avenue Capital, LLC, Yorktown Avenue Capital, LLC and Value Fund Advisors, LLC are 415 South Boston, 9th Floor, Tulsa, Oklahoma 74103. Value Fund Advisors is the manager of Boston and Yorktown. Mr. Gillman is the manager of Value Fund Advisors as follows:

 

Name and Office Held


  

Business Address


 

Citizenship


 

Principal Occupation or Employment


Charles M. Gillman,

Manager

  

415 South Boston,

Tulsa, Oklahoma 74103

  USA   Manager of various investment entities

 

None of the entities or persons identified in this Item 2 has, during the past five years, been convicted of any criminal proceeding (excluding traffic violations or similar misdemeanors), nor been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

 

Item 3. Source and Amount of Funds or Other Consideration

 

The source of funds for the purchases of securities was the working capital of Boston Avenue Capital, LLC and Yorktown Avenue Capital, LLC.


Item 4. Purpose of Transaction

 

The purpose of the acquisition of the Common Stock is for investment, and the acquisitions of the Common Stock were made in the ordinary course of business and were not made for the purpose of acquiring control of the Issuer.

 

Although no Reporting Person has any specific plan or proposal to acquire or dispose of the Common Stock, consistent with its investment purpose, each Reporting Person at any time and from time to time may acquire additional Common Stock or dispose of any or all of its Common Stock depending upon an ongoing evaluation of the investment in the Common Stock, prevailing market conditions, other investment opportunities, liquidity requirements of the Reporting Persons, and/or other investment considerations.

 

Also, consistent with the investment purpose, the Reporting Persons may engage in communications with one or more shareholders of the Issuer, one or more officers of the Issuer and/or one or more members of the board of directors of the Issuer and/or one or more representatives of the Issuer regarding the Issuer, including but not limited to its operations. The Reporting Persons may discuss ideas that, if effected may result in any of the following: the acquisition by persons of additional Common Stock of the Issuer, an extraordinary corporate transaction involving the Issuer, and/or changes in the board of directors or management of the Issuer.

 

Except to the extent the foregoing may be deemed a plan or proposal, none of the Reporting Persons has any plans or proposals which relate to, or could result in, any of the matters referred to in paragraphs (a) through (j), inclusive, of the instructions to Item 4 of Schedule 13D. The Reporting Persons may, at any time and from time to time, review or reconsider their position and/or change their purpose and/or formulate plans or proposals with respect thereto.

 

Item 5. Interest in Securities of the Issuer

 

(a), (b) According to the Issuer’s 10-Q filed for the quarterly period ending June 30, 2005, there were 6,625,324 shares of Common Stock issued and outstanding. Based on such information, after taking into account the transactions described in Item 5(c) below, the Reporting Persons report beneficial ownership of 448,971 shares of Common Stock. 345,233 shares are held by Boston Avenue Capital, LLC and 103,738 shares are held directly by Yorktown Avenue Capital, LLC. Voting and investment power concerning the above shares are held solely by Boston Avenue Capital, LLC and Yorktown Avenue Capital, LLC respectively.

 

Although the reporting persons are joining in this Schedule as Reporting Persons, the filing of this Schedule shall not be construed as an admission that any of them are, for any purpose, the beneficial owner of any of the securities that are owned by the other.


c) During the last 60 days, the Reporting Persons purchased the following shares of Common Stock in the open market:

 

Trade Date


   Quantity

  

Cost

Per Share


11/07/2005

   11,778    7.02

11/22/2005

   30,850    5,95

11/23/2005

   8,000    5.90

11/29/2005

   15,000    5.95

12/06/2005

   3,100    6.00

12/09/2005

   11,000    6.20

12/27/2005

   6,032    6.11

1/03/2005

   30,000    6.88

1/04/2005

   9,500    6.20

 

(d) and (e) Not applicable.

 

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

 

None of the Reporting Persons is a party to any contract, arrangement, understanding or relationship with respect to any securities of the Issuer.

 

Item 7. Material to be Filed as Exhibits

 

Exhibit A Joint Filing Undertaking.


SIGNATURES

 

After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

 

Dated: January 8, 2006
BOSTON AVENUE CAPITAL, LLC

/s/ Charles M. Gillman


By: Charles M. Gillman, Manager
YORKTOWN AVENUE CAPITAL, LLC

/s/ Charles M. Gillman


By: Charles M. Gillman, Manager
VALUE FUND ADVISORS, LLC

/s/ Charles M. Gillman


By: Charles M. Gillman, Manager

/s/ Charles M. Gillman


Charles M. Gillman
EX-99.(A) 2 dex99a.htm JOINT FILING UNDERTAKING Joint Filing Undertaking

Exhibit A

 

JOINT FILING UNDERTAKING

 

The undersigned, being duly authorized thereunto, hereby execute this agreement as an exhibit to this Schedule 13D to evidence the agreement of the below-named parties, in accordance with the rules promulgated pursuant to the Securities Exchange Act of 1934, to file this Schedule jointly on behalf of each such party.

 

Signature Block
BOSTON AVENUE CAPITAL, LLC

/s/ Charles M. Gillman


By: Charles M. Gillman, Manager
YORKTOWN AVENUE CAPITAL, LLC

/s/ Charles M. Gillman


By: Charles M. Gillman, Manager
VALUE FUND ADVISORS, LLC

/s/ Charles M. Gillman


By: Charles M. Gillman, Manager

/s/ Charles M. Gillman


Charles M. Gillman
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