-----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, KMAsejVCXEci1B4ssmR7DnIqWaMpcnQWH/K58pdZcpx0uWoJZtwb4cwMu9bbktWg 6OJKsPbXRXgH+8FZhcPCMg== 0000722839-97-000046.txt : 19971224 0000722839-97-000046.hdr.sgml : 19971224 ACCESSION NUMBER: 0000722839-97-000046 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19971223 SROS: AMEX SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: KILLEARN PROPERTIES INC CENTRAL INDEX KEY: 0000055742 STANDARD INDUSTRIAL CLASSIFICATION: LAND SUBDIVIDERS & DEVELOPERS (NO CEMETERIES) [6552] IRS NUMBER: 591095497 STATE OF INCORPORATION: FL FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: SC 13D SEC ACT: SEC FILE NUMBER: 005-19545 FILM NUMBER: 97743007 BUSINESS ADDRESS: STREET 1: 100 EAGLES LANDING WAY CITY: STOCKBRIDGE STATE: GA ZIP: 30281 BUSINESS PHONE: 4043892020 MAIL ADDRESS: STREET 1: 100 EAGLES LANDING WAY CITY: STOCKBRIDGE STATE: GA ZIP: 30281 FORMER COMPANY: FORMER CONFORMED NAME: KILLEARN ESTATES INC DATE OF NAME CHANGE: 19730911 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PROACTIVE TECHNOLOGIES INC CENTRAL INDEX KEY: 0000722839 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MEDICAL LABORATORIES [8071] IRS NUMBER: 232265039 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 7118 BEECH RIDGE TRAIL STREET 2: STE 402 CITY: TALLAHASSEE STATE: FL ZIP: 32312 BUSINESS PHONE: 9046685800 MAIL ADDRESS: STREET 1: 7118 BEECH RIDGE TRAIL STREET 2: SUITE 402 CITY: TALLAHASSEE STATE: FL ZIP: 32312 FORMER COMPANY: FORMER CONFORMED NAME: KEYSTONE MEDICAL CORPORATION DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: KEYSTONE MEDICAL CORP INC DATE OF NAME CHANGE: 19910103 SC 13D 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13-D Under the Securities Exchange Act of 1934 (Amendment No. 3) KILLEARN PROPEERTIES, INC. (Name of Issuer) 494125 10 7 CUSIP Number Mr. Mark A. Conner, President Proactive Technologies, Inc. 7118 Beech Ridge Trail Tallahassee, Florida 32312 (904) 668-8500 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) October 11, 1997 (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 [ ] Check the following box if a fee is being paid with this statement [ ](A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class. See Rule 13d-7.) Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of section 18 of the Securities Exchange Act of 1934 ("Act') or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). (1) Names of Reporting Persons Tax Identification Number Proactive Technologies, Inc. 23-2265039 (2) Check the Appropriate Box if a Member of a Group a. [ ] b. [ ] (3) SEC Use Only (4) Source of Funds WC (5) Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e) [ ] (6) Citizenship or Place of Organization Delaware, U.S.A. Number of (7) Sole Voting Power Shares 406,176 Beneficially Owned By (8) Shared Voting Power Each --0-- Reporting Person (9) Sole Dispositive Power With: 406,176 (10) Shared Dispositive Power --0-- (11) Aggregate Amount Beneficially Owned By Each Reporting Person 406,176 (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (see instructions) [ ] (13) Percent of class represented by amount in Row (11) 45.77% (14) Type of Reporting Person CO Item 1. Security and Issuer. Common stock, par value $0.10 (the "Stock") Killearn Properties, Inc. ("Issuer") 100 Eagle's Landing Way Stockbridge, Georgia 30281. Item 2. Identity and Background. (a.) (b.) (c.) (f.) This statement is being filed by Proactive Technologies, Inc., a Delaware corporation ( "Proactive"), with its principal place of business located at 7118 Beech Ridge Trail, Tallahassee, Florida 32312. Its principal business is the development of real estate. (d.) (e.) Listed below are the names, business addresses and occupational information for (a.) each executive officer and director of Proactive, (b.) Each person controlling Proactive, and (c.) Each person ultimately in control of Proactive. During the last five (5) years, neither Proactive nor, to the best of Proactive's knowledge, any of the individuals, been convicted in a criminal proceeding (excluding traffic violation or similar misdemeanors) or 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. NAME PRESENT PRINCIPAL OCCUPATION & BUSINESS ADDRESS James A. Preiss Chief Executive Officer Director Proactive Technologies, Inc. 7118 Beech Ridge Trail Tallahassee, FL 32312 Mark A. Conner Chairman of the Board President Proactive Technologies, Inc. 7118 Beech Ridge Trail Tallahassee, Florida 32312 Langdon S. Flowers, Jr. Director Proactive Technologies, Inc. 329 North Broad Street Thomasville, GA 31799 Marshall R. Cassedy, Jr. Director Proactive Technologies, Inc. 2012-D North Point Blvd. Tallahassee, FL 32308 Ben S. Branch Director Proactive Technologies, Inc. School of Management Finance Department University of Massachusetts Amherst, MA 01003 Robert E. Maloney, Jr., Esq. Director Corporate Counsel Proactive Technologies, Inc. 7118 Beech Ridge Trail Tallahassee, Florida 32312 Mark A. Conner and Mr. Preiss each beneficially own approximately 22.59% of the outstanding voting securities of Proactive. Mr. Flowers beneficially owns approximately 16.8% of the outstanding voting securities of Proactive. Combined, all officer, directors, and beneficial owners of Proactive own approximately 72.36% of the Company. All directors and officers of the Company are U.S. citizens. Item 3. Source and Amount of Funds or Other Consideration. On October 10, 1997, Proactive acquired an additional Nine Thousand Seven Hundred Eighty (9,780) shares of Issuer's stock in a transaction with one shareholder for total cash of Seventy Three Thousand Three Hundred Fifty Dollars and No Cents ($73,350.00). Item 4. Purpose of Transaction. The purpose of the transaction is to acquire additional shares of Issuer's stock in an effort to gain majority control of Issuer. At present, PTE's Board has authorized the acquisition of an additional Sixty Five Thousand (65,000) shares of Issuer's stock, depending on market conditions, and the state of affairs of Proactive. Except as set forth above, Proactive has no plans or proposals which would result in or relate to any of the transactions described in subparagraphs (a.) through (j.) Of Item 4 of Schedule 13-d. Item 5. Interest in Securities of Issuer. a.) At the close of business on October 10, 1997, Proactive Technologies, Inc. Proactive Technologies, Inc. beneficially owned 406,176 shares of Stock, or approximately 45.77% of the 887,412 shares of common stock reported by the Company to be outstanding as of July 31, 1997. b.) Proactive Technologies, Inc. has sole voting and dispositive power with respect to 406,176 of the shares of Stock disclosed in Item 5(a.) above. c.) The following table sets forth the dates, number of shares and price per share for all transactions in the Company's common stock effected by Proactive Technologies, Inc. during the twenty (20) days preceding the date of this Schedule 13D/A, all of which consisted of the acquisition of a total of 9,780 shares of the Issuer's common stock, as described above in Item 3. Date: Number of Shares Acquired Price Per Share October 11, 1997 9,780 $ 7.50 d.) Any dividends on the Shares and the proceeds from the sale thereof will be paid to Proactive Technologies, Inc. No other persons, other than the shareholders of Proactive Technologies, Inc., have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the Shares. e.) This section is not applicable. Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer. There are no contracts, arrangements, understandings or relationships (legal or otherwise) among Proactive Technologies, Inc. and any other persons with respect to any securities of the Company, including, but not limited to, transfer or voting of any securities, finder's fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies. Further, there are no securities of the Company which are pledged or otherwise are subject to a contingency the occurrence of which gives another person or entity voting power or investment power over such securities. Item 7. Material to be filed as Exhibits. The following shall be filed as exhibits: Copies of written agreements related to the filing of joint acquisition statements as required by Rule 13d-1(f) (Section 240.13d- 1(f)): NONE Copies of all written agreements, contracts, arrangements, understandings, plans or proposals relating to: (1.) The borrowing of funds to finance the acquisition as disclosed in Item 3: NONE. (2.) The acquisition of issuer control, liquidation, sale of assets, merger, or change in business or corporate structure, or any other matter as disclosed in Item 4: NONE (3.) The transfer or voting of the securities, finder's fees, joint ventures, options, puts, calls, guarantees of loans, guarantees against loss or profit, or the giving or withholding of any proxy as disclosed in Item 6: NONE 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. Dated: October 21, 1997 /s/ Anne Dechman, Secretary /s/ Mark A. Conner ATTEST: Anne Dechman, Secretary Mark A. Conner, President Proactive Technologies, Inc. Proactive Technologies, Inc. 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. Dated: October 21, 1997 ATTEST: Anne Dechman, Secretary Mark A. Conner, President Proactive Technologies, Inc. Proactive Technologies, Inc. -----END PRIVACY-ENHANCED MESSAGE-----