SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D/A
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
(Amendment No. 2)
COMMODORE APPLIED TECHNOLOGIES, INC.
--------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $0.001 per share
--------------------------------------------------------------------------------
(Title of Class of Securities)
202630 10 9
--------------------------------------------------------------------------------
(CUSIP Number)
Tamie P. Speciale
Dispute Resolution Management, Inc.
132 West Pierpont Avenue, Suite 400
Salt Lake City, Utah 84101
(801) 355-1444
--------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
Copy to:
Daniel B. Nunn, Jr., Esq.
McGuireWoods, LLC
Bank of America Tower
50 North Laura Street, Suite 3300
Jacksonville, Florida 32202
(904)-798-2654
November 1, 2002
--------------------------------------------------------------------------------
(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 that is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the
following box [ ].
Note. Schedules filed in paper format shall include a signed original
and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for
other parties to whom copies are to be sent.
(Continued on following pages)
(Page 1 of 8 Pages)
------------------------- SCHEDULE 13D Page 2 of 8 Pages
CUSIP No. 202630 10 9
------------------------- -----------------
________________________________________________________________________________
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
William James Russell III
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS*
OO (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
NUMBER OF 497,500 (See Item 5)
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
-0-
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 497,500 (See Item 5)
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
-0-
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
497,500 (See Item 5)
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.86% (See Item 5)
________________________________________________________________________________
14 TYPE OF REPORTING PERSON*
IN
________________________________________________________________________________
------------------------- -----------------
CUSIP No. 202630 10 9 SCHEDULE 13D Page 3 of 8 Pages
------------------------- -----------------
________________________________________________________________________________
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Nancy Elaine Russell
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS*
00
________________________________________________________________________________
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
NUMBER OF 497,500 (1)
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
-0-
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 497,500 (1)
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
-0-
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
497,500 (1)
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.86%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON*
IN
________________________________________________________________________________
(1) Represents the number of shares of common stock, par value $0.001
(the "Common Stock"), of the Issuer beneficially owned by William James Russell
III, Ms. Russell's spouse. Ms. Russell disclaims beneficial ownership of all of
the shares of Common Stock owned by her spouse.
------------------------ -----------------
CUSIP No. 202630 10 9 SCHEDULE 13D Page 4 of 8 Pages
------------------------ -----------------
________________________________________________________________________________
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Tamie P. Speciale
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS*
00 (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
NUMBER OF 3,145,000 (See Item 5)
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
-0-
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 3,145,000 (See Item 5)
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
-0-
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,145,000 (See Item 5)
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.17% (See Item 5)
________________________________________________________________________________
14 TYPE OF REPORTING PERSON*
IN
________________________________________________________________________________
------------------------ -----------------
CUSIP No. 202630 10 9 SCHEDULE 13D Page 5 of 8 Pages
------------------------ -----------------
________________________________________________________________________________
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
George Herbert Speciale
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS*
00
________________________________________________________________________________
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
3,145,000 (1)
NUMBER OF
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
-0-
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
3,145,000 (1)
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
-0-
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,145,000 (1)
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.17%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON*
IN
________________________________________________________________________________
(1) Represents the number of shares of Common Stock of the Issuer
beneficially owned by Tamie P. Speciale, Mr. Speciale's spouse. Mr. Speciale
disclaims beneficial ownership of all of the shares of Common Stock owned by his
spouse.
Explanatory Note.
This Amendment No. 2 to Schedule 13D (this "Amendment II") amends and
supplements Items 3 through 5 of the statement on Schedule 13D/A filed on
December 04, 2001 (the "Schedule 13D/A") by William J. Russell (individually,
"Mr. Russell"), Nancy Russell (individually, "Ms. Russell"), Tamie P. Speciale
(individually, "Ms. Speciale") and George H. Speciale (individually, "Mr.
Speciale") (collectively, the "Reporting Persons"). This Amendment should be
read in conjunction with the Schedule 13D/A and Schedule 13D. Capitalized terms
used and not otherwise defined herein shall have the meanings ascribed to them
in the Schedule 13D and 13D/A.
Item 3. Source and Amount of Funds or Other Consideration.
Item 3 of the Schedule 13D/A, is hereby amended and supplemented
as follows:
The transactions described in this Amendment are pursuant to the
settlement agreement dated August 19, 2002, by and among Commodore
Applied Technologies, Inc. ("Commodore"), Dispute Resolution
Management, Inc. ("DRM"), Mr. Russell and Ms. Speciale (the
"Settlement Agreement"), wherein the parties have agreed to
terminate the agreement, dated August 30, 2000, by and among
Commodore, DRM, Mr. Russell and Ms. Speciale for Commodore to
purchase an 81% equity interest in DRM (the "Stock Purchase
Agreement").
Pursuant to the Settlement Agreement, as of November 1, 2002,
Commodore received from each of Mr. Russell and Ms. Speciale
1,655,000 shares of Commodore Common Stock. As of November 1,
2002, pursuant to the Settlement Agreement, Commodore received
from Mr. Russell an additional 1,187,500 shares of Commodore
Common Stock.
In a private transaction, as of November 1, 2002, Mr. Russell and
Ms. Speciale each sold 2,500,000 shares of Commodore Common Stock
to Mr. Robert Goldsmith. Additionally, as of November 1, 2002, Mr.
Russell made the following charitable donations of shares of
Commodore common stock: (i) 500,000 shares of Commodore Common
stock to University of Kansas Endowment; (ii) 730,000 shares of
Commodore Common stock to Northwest Nazarene University; and (iii)
230,000 shares of Commodore Common stock to Intermountain District
Church of the Nazarene.
Mr. Russell and Ms. Speciale each currently hold warrants to
purchase up to 340,000 shares of Commodore Common Stock as
reported in schedule 13D/A.
Item 4. Purpose of Transaction.
Item 4 of the Schedule 13D/A is hereby amended and supplemented as
follows:
As per terms and conditions of the Settlement Agreement, Commodore
received from each of Mr. Russell and Ms. Speciale 1,655,000
shares of Commodore Common Stock. Commodore also received from Mr.
Russell an additional 1,187,500 shares of Commodore Common Stock
as part of the Settlement Agreement.
In a private transaction, as of November 1, 2002, Mr. Russell and
Ms. Speciale each sold 2,500,000 shares of Commodore common stock
to Mr. Robert Goldsmith. Additionally, as of November 1, 2002, Mr.
Russell made the following charitable donations of shares of
Commodore common stock: (i) 500,000 shares of Commodore common
stock to University of Kansas Endowment; (ii) 730,000 shares of
Commodore common stock to Northwest Nazarene University; and (iii)
230,000 shares of Commodore common stock to Intermountain District
Church of the Nazarene.
Mr. Russell and Ms. Speciale each currently hold warrants to
purchase up to 340,000 shares of Commodore Common Stock as
reported in schedule 13D/A.
As a result of the transactions reported herein, Mr. Russell and
Ms. Speciale reduced their beneficial ownership of Commodore
Common Stock to 497,500 and 3,145,000 shares, respectively. Mr.
Russell and Ms. Speciale may from time to time acquire additional
shares of Common Stock through open market purchases, but have no
present intention of doing so.
Item 5. Interest in Securities of Issuer.
Item 5 of the Schedule 13D/A is hereby amended and supplemented as
follows:
(a). By reason of the execution of the Settlement Agreement and
various private sales and or donations, as of November 1, 2002,
Mr. Russell and Ms. Speciale have reduced their beneficial
ownership of Commodore Common Stock to 497,500 and 3,145,000
shares, respectively, from those amounts previously issued to Mr.
Russell and Ms. Speciale, as reported in the Schedule 13D/A and
Schedule 13D. The previously issued warrants to each of Mr.
Russell and Ms. Speciale to purchase up to 340,000 shares of
Commodore Common Stock as reported in schedule 13D/A are
outstanding. As of November 1, 2002, Mr. Russell and Ms. Speciale
beneficially own approximately 0.86% and 5.17%, respectively, of
the issued and outstanding shares of Commodore Common Stock. Ms.
Russell and Mr. Speciale may be deemed to be beneficial owners of
all of the Commodore Common Stock acquired by their spouses
pursuant to the Stock Purchase Agreement. However, Ms. Russell and
Mr. Speciale both disclaim their beneficial ownership of all of
the shares of Commodore Common Stock owned by their spouses.
(b). Mr. Russell and Ms. Speciale each have sole voting and
dispositive power with respect to all of the shares of Commodore
Common Stock set forth in response to Item 5(a) above in which
they have beneficial ownership as of November 1, 2002. None of the
Reporting Persons shares voting and/or dispositive power with
respect to any of the shares of Commodore Common Stock set forth
in response to Item 5(a) above which they directly beneficially
own.
Except as set forth in response to this Item 5(b), none of the
Reporting Persons presently has the sole or shared power to vote,
direct the vote, dispose or direct the disposition of any shares
of Commodore Common Stock that may be deemed beneficially owned by
the Reporting Persons.
Item 6. Contracts, Arrangements, Understandings or Relationships with
Respect to Securities of the Issuer.
As described in Items 3, 4, and 5, the Settlement Agreement by and
among Commodore, DRM, Mr. Russell and Ms. Speciale resulted in the
return of 5,937,500 shares of Commodore Common Stock to Commodore.
Of this amount, Mr. Russell returned 2,842,500 shares of Commodore
Common Stock to Commodore and Ms. Speciale returned 1,655,000
shares of Commodore Common Stock to Commodore. DRM returned
1,440,000 shares of Commodore Common Stock to Commodore.
Item 7. Material to be Filed as Exhibits.
The following document is being filed as an Exhibit to this
Statement and is each incorporated by reference herein.
Exhibit No. Document
----------- --------
1. Settlement Agreement, dated August 19, 2002, by
and among Commodore Applied Technologies, Inc.,
Dispute Resolution Management, Inc., William J.
Russell and Tamie P. Speciale.
After reasonable inquiry and to the best of our knowledge and belief,
we certify that the information set forth in this statement is true, complete
and correct.
Dated: December 2, 2002
By:/s/William J. Russell
-------------------------------
William J. Russell
By:/s/Nancy Russell
-------------------------------
Nancy Russell
By:/s/Tamie P. Speciale
-------------------------------
Tamie P. Speciale
By:/s/ George H. Speciale
-------------------------------
George H. Speciale
INDEX TO EXHIBITS
Exhibit No. Document
----------- --------
1. Settlement Agreement, dated August 19, 2002, by
and among Commodore Applied Technologies, Inc.,
Dispute Resolution Management, Inc., William J.
Russell and Tamie P. Speciale.