SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 3)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED
PURSUANT TO SECTION 240.13d-1(a) AND AMENDMENTS
THERETO FILED PURSUANT TO SECTION 240.13d-2(a)
Avatech Solutions, Inc.
(Name of issuer)
Common Stock, $.01 par value per share
05349Y104
(CUSIP number)
Christopher Olander
2508 Black Oak Way
Odenton, Maryland 21113
410-429-0307
(Name, address and telephone number of person authorized to receive notices and communications)
October 11, 2010
(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 Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box ¨
Page 2 of 5 Pages
CUSIP No. 05349Y104
| ||||||
1 | Names of reporting persons
Willis James Hindman, and all other members of a “group” previously reported on Schedule 13D, pursuant to powers-of-attorney granted to Willis James Hindman, and listed on the signature page hereof. | |||||
2 | Check the appropriate box if a member of a group (see instructions) (a) x (b) ¨
| |||||
3 | SEC use only
| |||||
4 | Source of funds (see instructions)
IN, OO | |||||
5 | Check if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e) ¨
| |||||
6 | Citizenship or place of organization
United States citizen; corporations and trusts organized under U.S. state laws | |||||
Number of shares beneficially owned by each reporting person with | 7 | Sole voting power
6,819,787 | ||||
8 | Shared voting power
0 | |||||
9 | Sole dispositive power
6,819,787 | |||||
10 | Shared dispositive power
| |||||
11 | Aggregate amount beneficially owned by each reporting person
6,819,787 (see Item 3) | |||||
12 | Check if the aggregate amount in Row (11) excludes certain shares (see instructions) ¨
| |||||
13 | Percent of class represented by amount in Row
13.3 % | |||||
14 | Type of reporting person (see instructions)
IN, OO |
2
Item 1 | Security and Issuer |
Common Stock, par value $.01 per share
Avatech Solutions, Inc.
10715 Red Run Blvd.
Owings Mills, Maryland 21117
Item 2 | Identity and Background |
Previously filed
Item 3. | Source and Amount of Funds or Other Consideration |
Previously filed.
Item 4. | Purpose of Transaction |
On February 24, 2010, a group comprised of the persons and entities listed and described in response to Item 2, as amended (the “Group”) was formed for one or more of the purposes enumerated in the Schedule 13D, as amended. On August 17, 2010, the Issuer engaged in a transaction furthering the purposes of the Group, as previously disclosed, and the Group no longer is acting as a “group” within the meaning of Regulation 13d, as amended, and the members of the group have agreed not to take any further actions as such a “group”, in whole or in part, in the future.
Item 5 | Interest in Securities of the Issuer. |
Previously filed.
Item 6 | Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. |
Previously filed.
Item 7 | Material to be Filed as Exhibits. |
Previously filed
[Signature page follows this page]
3
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.
October 11, 2010 |
Date |
/s/ W. James Hindman |
Signature |
W. James Hindman |
Name and Title (if applicable) |
For Himself and for all members of the Group, pursuant to previously filed authorization: |
Donald R. Walsh |
Henry D. Felton |
Hindman Family Dynasty Trust |
Vince Arioso, Jr. |
Vince Arioso |
Edward Aronson |
Pete Baldine |
Cindi Hindman |
David Felton |
Dennis Oates |
Gil Campbell |
Pacific Asset Partners |
Roger Milton Boethin Trust |
J. E. Oates & Son, Inc. |
Joel Nicholson |
James and Janice Oman Trust |
Chuck Rizzo |
Robert and Barbara Thorne |
Tim Hindman |
Victor Frenkil, Jr. |
John Donald Black |
The Sue Ann Boethin Trust |
Frank Voyticky |
Ray Stickler |
Jack Karnowski |
Shannon Rivers |
Aaron Bukowitz |
Richard Neal Frank |
Charles Fax |
4
Morrow Revocable Trust |
Patrick Walsh |
Carole Samios |
Stafford Family Trust |
Carlton Tronvold |
Donna Van Allen |
Adam Chavis |
5