Delta-Omega Technologies makes announcement.LAFAYETTE, La.--(BUSINESS WIRE)--Aug. 14, 1996--Delta-Omega Technologies Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : Symbol DOTK) has received notice of a filing of a schedule 13D Schedule 13D An form that must be filed with the SEC under Rule 13D when a person or group acquiring more than 5% of any class of a company's shares to disclose this information within 10 days of the transaction. by Great American Management and Investment, Inc. ("GAMI GAMI Get A Man In GAMI Guilty And Mentally Ill "). This statement relates to the common stock, $.001 par value per share ("Common Stock"), of Delta-Omega Technologies, Inc. (the "Issuer") which has its principal executive office at 119 Ida Road, Broussard, La. 70518. GAMI acquired Series C Convertible Voting Preferred Stock Stock shares that have preferential rights to dividends or to amounts distributable on liquidation, or to both, ahead of common shareholders. Preferred stock is given preference over common stock. Holders of preferred stock receive dividends at a fixed annual rate. , $.001 par value per share ("Preferred Stock"), and Class Z Warrants to purchase Common Stock ("Warrants") of the Issuer which are convertible and exercisable, respectively, into shares of Common Stock. This statement is being filed by Great American Management and Investment, Inc., a Delaware corporation. GAMI's principal executive office is located at Two North Riverside Plaza, Suite 1100, Chicago, Ill. 60606. GAMI is a diversified holding company with interests in manufacturing and agricultural chemicals and minerals. The sole stockholder of GAMI is Equity Holdings Limited, an Illinois limited partnership ("EHL EHL Electrohydraulic lithotripsy "). The general partners of EHL are Samuel Zell as Trustee of the Samuel Zell Revocable Trust Revocable Trust A trust whereby provisions can be altered or cancelled dependent on the grantor. During the life of the trust, income earned is distributed to the grantor, and only after death does property transfer to the beneficiaries. and Ann Lurie and Mark Slezak as Co-Trustees of the Robert H. and Ann Lurie Trust. GAMI would be the beneficial owner of approximately 13.0% of the shares of Common Stock outstanding (assuming the conversion of GAMI's Preferred Stock and the exercise of GAMI's Warrants). GAMI acquired the Preferred Stock and Warrants for investment purposes. CONTACT: Delta-Omega Technologies, Inc., Lafayette James V. Janes, III or Marian A. Bourque, 800-717-9922 |
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