EXHIBIT 99.1
Form 1
TRANSMITTAL OF FINANCIAL REPORTS AND CERTIFICATION OF COMPLIANCE WITH OPERATING
REQUIREMENTS FOR THE PERIOD ENDED: MAY 31, 2003
In re: American Architectural Products Corporation CASE NO: 00-43726
------------------------------------------- CHAPTER 11
Debtor Judge: Bodoh
As debtor in possession, I affirm:
1. That I have reviewed the financial statements attached hereto,
consisting of:
a. Operating Statement (Form 2)
b. Balance Sheet (Form 3)
c. Summary of Operations (Form 4)
d. Monthly Cash Statement (Form 5)
e. Statement of Compensation (Form 6)
and that they have been prepared in accordance with normal and
customary accounting practices, and fairly and accurately reflect
the debtor's financial activity for the period stated:
2. That the insurance as described in Section 4 of the Operating
Instructions and Reporting Requirements for Chapter 11 Cases IS in
effect except as follows:
The Company has been unsuccessful in its attempts to obtain
property insurance for the two unoccupied buildings owned by
Forte, Inc. since January 15, 2003. The fair values of these
properties are negligible.
3. That all post petition taxes as described in Sections 1 and 14 of the
Operating Instructions for Chapter 11 Cases ARE current.
4. No professional fees (attorney, accountant, etc.) have been paid
without specific court authorization.
I HEREBY CERTIFY, UNDER PENALTY OF PERJURY, THAT THE INFORMATION PROVIDED HEREIN
IS TRUE AND CORRECT TO THE BEST OF MY INFORMATION AND BELIEF.
June 23, 2003 /s/ Joseph Dominijanni
- ------------- -----------------------------
Date Joseph Dominijanni, President
Debtor in Possession
724-940-2330
------------
Phone
AMERICAN ARCHITECTURAL PRODUCTS CORPORATION, ET.AL. CASE NUMBER 00-43276
NOTES:
Of the companies listed in the Notice of Bankruptcy Filing, the following
companies are not active:
AAPC Two Acquisition Company AAPC Three Acquisition Company
AAPC Four Acquisition Company AAPC Five Acquisition Company
AAPC Six Acquisition Company AGI Liquidation Company 2002; f/k/a
American Glassmith Company
AWS Liquidation Company 2002, BBP Liquidation Company 2002, f/k/a
f/k/a American Weather-Seal Binnings Building Products, Inc.
Company
Danvid Window Company Denver Window Company
Eagle Window and Door Center, Inc. E&T 2002 Liquidation Company, f/k/a
Eagle and Taylor Company
Forte, Inc. Fortified Window and Door Company,
f/k/a AAPC One Acquisition
Company
Modern Window Corporation Thermetic Glass, Inc.
VinylSource, Inc. WIG Liquidation Company
Operating and Monthly Cash Statements for the above companies have not been
prepared, as balances are zero. Any cash disbursements required by these
entities are processed through the Corporate Disbursement account.
AAPC One Acquisition Company was activated in July 2001 and was renamed
Fortified Window and Door Company.
The assets of Denver Window Company were sold in September 2001. The proceeds
from the sale were applied to the DIP Facility Term Loan with CIT Business
Credit.
Forte, Inc. is shut down with only clean-up issues remaining.
The assets of Binnings Pan American and TM Window and Door Company (Divisions of
Binnings Building Products) were sold February 14, 2002. Fifty percent of the
proceeds from the sale were applied to the DIP Facility Term Loan with CIT
Business Credit and the remaining fifty percent of the proceeds were applied to
the DIP Facility Revolver Loan with CIT Business Credit.
The assets of American Glassmith Company (n/k/a AGI 2002 Liquidation Company)
were sold effective March 22, 2002. Fifty percent of the proceeds from the sale
were applied to the DIP Facility Term Loan with CIT Business Credit and the
remaining fifty percent of the proceeds were applied to the DIP Facility
Revolver Loan with CIT Business Credit.
The assets of Eagle Window and Door Company, a division of Eagle and Taylor
Company (n/k/a E&T 2002 Liquidation Company) were sold May 6, 2002. A portion of
the proceeds from the sale were used to repay the total indebtedness under the
DIP Facility Agreement with CIT Business Credit. The remaining proceeds were
placed in a Dreyfus Government Cash Management Account with Fleet Bank.
New checking and lockbox accounts were established with National City Bank,
Cleveland, Ohio in June 2002. The Fleet Bank lockbox and checking were closed in
August 2002.
The assets of Thermetic Glass Inc. were sold August 23, 2002. The sale proceeds
were placed in a Dreyfus Government Cash Management Account with National City
Bank.
Certain assets of American Weather-Seal Company (n/k/a AWS Liquidation Company
2002) were sold December 6, 2002. The proceeds from the sale were placed in a
Dreyfus Government Cash Management Account with National City Bank.
Certain assets of Binnings Building Products Company (n/k/a BBP Liquidation
Company 2002) were sold December 31, 2002. The proceeds from the sale were
placed in a Dreyfus Government Cash Management Account with National City Bank.
The Company sold one building owned by AWS Liquidation Company on February 28,
2003. The proceeds from the sale were placed in a Dreyfus Government Cash
Management Account with National City Bank.
The Company has been unsuccessful in its attempts to obtain property insurance
for the two unoccupied buildings owned by Forte, Inc. since January 15, 2003.
The fair values of these properties are negligible.
The Company sold the assets of Danvid Window Company on April 1, 2003. The
proceeds from the sale were deposited in a Dreyfus Government Cash Management
Account with National City Bank.
In April 2003, the Company closed the Dreyfus Government Cash Management Account
and transferred the balance to an Investment Sweep Account with National City
Bank.
AMERICAN ARCHITECTURAL PRODUCTS CORPORATION
CASE # 00-43726 FORM 2
Operating Statement
FOR THE MONTH ENDED MAY 31, 2003
AMERICAN BINNINGS DANVID DENVER
AMERICAN WEATHER-SEAL BUILDING WINDOW EAGLE & TAYLOR WINDOW
GLASSMITH INC. COMPANY PRODUCTS COMPANY COMPANY COMPANY
-------------- ------------ -------- -------- -------------- --------
Net Sales $ - $ - $ - $ - $ - $ -
Cost of Sales - - - - - -
------ --------- -------- -------- ------ ------
Gross Profit - - - - - -
Selling Expense - - - - -
General and Administrative Expenses - - - - - -
------ --------- -------- -------- ------ ------
Income (Loss) from Operations - - - - - -
Interest Expense, net - - - - -
Reorganization Costs - - - - - -
Other (Income) Expense 328 (10,955) (48,935) (59,131) 280 -
------ --------- -------- -------- ------ ------
Income (Loss) Before Taxes (328) 10,955 48,935 59,131 (280) -
Income Taxes - - - - - -
------ --------- -------- -------- ------ ------
Net Income (Loss) $ (328) $ 10,955 $ 48,935 $ 59,131 $ (280) $ -
====== ========= ======== ======== ====== ======
EAGLE WINDOW
AND DOOR THERMETIC
CENTER INC. GLASS INC. FORTE, INC. CORPORATE
------------ ---------- ----------- ----------
Net Sales $ - $ - $ - $ -
Cost of Sales - - - -
------ ------- ------- ---------
Gross Profit - - - -
Selling Expense - - - -
General and Administrative Expenses - - - 245,550
------ ------- ------- ---------
Income (Loss) from Operations - - - (245,550)
Interest Expense, net - - - -
Reorganization Costs - - - 76,646
Other (Income) Expense (4,782) 8,087 (7,895) (69,328)
------ ------- ------- ---------
Income (Loss) Before Taxes 4,782 (8,087) 7,895 (252,868)
Income Taxes - - - -
------ ------- ------- ---------
Net Income (Loss) $4,782 $(8,087) $ 7,895 $(252,868)
====== ======= ======= =========
THE FOLLOWING COMPANIES ARE INACTIVE:
Fortified Window and Door, Inc. f.k.a. AAPC One Acquisition Corporation
AAPC Two Acquisition Corporation AAPC Three Acquisition Corporation
AAPC Three Acquisition Corporation AAPC Four Acquisition Corporation
AAPC Four Acquisition Corporation AAPC Five Acquisition Corporation
AAPC Five Acquisition Corporation AAPC Six Acquisition Corporation
AAPC Six Acquisition Corporation
Modern Window Company
Vinylsource, Inc.
WIG Liquidation Company
AMERICAN ARCHITECTURAL PRODUCTS CORPORATION
CASE # 00-43726 FORM 3
Balance Sheets
MAY 31, 2003
AMERICAN BINNINGS DANVID
AMERICAN WEATHER-SEAL BUILDING WINDOW EAGLE & TAYLOR
GLASSMITH INC. COMPANY PRODUCTS COMPANY COMPANY
-------------- ------------ ------------ ------------ --------------
ASSETS
Cash $ - $ - $ - $ (5,688) $ -
Accounts receivable -- Pre-petition - - 9,161 - -
Accounts receivable -- Post-petition - - - - -
----------- ------------ ------------ ------------ ------------
Gross Accounts receivable - - 9,161 - -
Less: Allowance for Doubtful Accounts - - - - -
----------- ------------ ------------ ------------ ------------
Net Accounts Receivable - - 9,161 - -
Intercompany A/R-A/P - - - - 713,303
Inventories - - - - -
Prepaid expenses and other current assets - - - 32,271 8,990
----------- ------------ ------------ ------------ ------------
TOTAL CURRENT ASSETS - - 9,161 26,583 722,293
Property, plant & equipment, net - 852,880 - - 300,000
Deposits and other assets - - 1,502,640 - -
----------- ------------ ------------ ------------ ------------
TOTAL NON-CURRENT ASSETS - 852,880 1,502,640 - 300,000
----------- ------------ ------------ ------------ ------------
$ - $ 852,880 $ 1,511,801 $ 26,583 $ 1,022,293
=========== ============ ============ ============ ============
LIABILITIES
Accounts payable -- Pre-petition $ 516,488 $ 1,842,994 $ 2,913,563 $ 1,052,878 $ 945,635
Accounts payable -- Post-petition - - - - -
----------- ------------ ------------ ------------ ------------
Total Accounts payable 516,488 1,842,994 2,913,563 1,052,878 945,635
Accrued expenses - Other 25,685 586,652 876,771 200,594 -
Accrued expenses - Payroll -- Post-petition - - - - -
Current Portion of Long Term Debt - - - - -
Current portion of capital lease obligations - - - - -
----------- ------------ ------------ ------------ ------------
TOTAL CURRENT LIABILITIES 542,173 2,429,646 3,790,334 1,253,472 945,635
Long-term capital lease obligations, less current portion - - - - -
Intercompany investment 3,201,662 38,367,561 26,446,907 17,803,365 11,990,385
Intercompany payable/(receivable) (655,464) (10,170,744) 19,979,157 (7,114,300) (92,817,100)
Accrued warranty obligations, less current portion - - - - -
Other liabilities - - - - -
----------- ------------ ------------ ------------ ------------
TOTAL LONG-TERM LIABILITIES 2,546,198 28,196,817 46,426,064 10,689,065 (80,826,715)
----------- ------------ ------------ ------------ ------------
TOTAL LIABILITIES 3,088,371 30,626,463 50,216,398 11,942,537 (79,881,080)
STOCKHOLDERS' EQUITY (DEFICIT)
Common stock, $.001 par, authorized 100,000 shares; - - - 765 2,000
Additional paid in capital - - - 1,008,849 -
Treasury stock - - - - -
Retained earnings (3,088,371) (29,773,583) (48,704,597) (12,925,568) 80,901,373
----------- ------------ ------------ ------------ ------------
TOTAL STOCKHOLDERS' EQUITY (DEFICIT) (3,088,371) (29,773,583) (48,704,597) (11,915,954) 80,903,373
----------- ------------ ------------ ------------ ------------
$ - $ 852,880 $ 1,511,801 $ 26,583 $ 1,022,293
=========== ============ ============ ============ ============
DENVER EAGLE WINDOW
WINDOW AND DOOR THERMETIC
COMPANY CENTER INC. GLASS INC. FORTE, INC. CORPORATE
----------- ----------- ------------ ------------ -------------
ASSETS
Cash $ - $ - $ - $ - $ 58,321,989
Accounts receivable -- Pre-petition - - - - -
Accounts receivable -- Post-petition - - - - 14,675
----------- ----------- ------------ ------------ -------------
Gross Accounts receivable - - - - 14,675
Less: Allowance for Doubtful Accounts - - - - -
----------- ----------- ------------ ------------ -------------
Net Accounts Receivable - - - - 14,675
Intercompany A/R-A/P (1,014,274) - - - -
Inventories - - - - -
Prepaid expenses and other current assets - - - - 428,756
----------- ----------- ------------ ------------ -------------
TOTAL CURRENT ASSETS (1,014,274) - - - 58,765,420
Property, plant & equipment, net - - - 200,000 1,325,554
Deposits and other assets - - - - 538,868
----------- ----------- ------------ ------------ -------------
TOTAL NON-CURRENT ASSETS - - - 200,000 1,864,422
----------- ----------- ------------ ------------ -------------
$(1,014,274) $ - $ - $ 200,000 $ 60,629,842
=========== =========== ============ ============ =============
LIABILITIES
Accounts payable -- Pre-petition $ 31,372 $ 502 $ 31,321 $ - $ 902,474
Accounts payable -- Post-petition - - - - 262,890
----------- ----------- ------------ ------------ -------------
Total Accounts payable 31,372 502 31,321 - 1,165,364
Accrued expenses - Other - - 5,000 - 18,440,424
Accrued expenses - Payroll -- Post-petition - - - - 58,238
Current Portion of Long Term Debt - - - - 132,500,000
Current portion of capital lease obligations - - - - -
----------- ----------- ------------ ------------ -------------
TOTAL CURRENT LIABILITIES 31,372 502 36,321 - 152,164,026
Long-term capital lease obligations, less current portion - - - - -
Intercompany investment 221,015 - 4,201,527 366,907 (105,926,487)
Intercompany payable/(receivable) - 3,214,850 6,443,070 17,338,217 63,781,713
Accrued warranty obligations, less current portion - - - - -
Other liabilities - - - - -
----------- ----------- ------------ ------------ -------------
TOTAL LONG-TERM LIABILITIES 221,015 3,214,850 10,644,597 17,705,124 (42,144,774)
----------- ----------- ------------ ------------ -------------
TOTAL LIABILITIES 252,387 3,215,352 10,680,918 17,705,124 110,019,252
STOCKHOLDERS' EQUITY (DEFICIT)
Common stock, $.001 par, authorized 100,000 shares; - - - 484,601 1,661,466
Additional paid in capital - - - 5,276,329 6,934,698
Treasury stock - - - - (100,000)
Retained earnings (1,266,661) (3,215,352) (10,680,918) (23,266,054) (57,885,574)
----------- ----------- ------------ ------------ -------------
TOTAL STOCKHOLDERS' EQUITY (DEFICIT) (1,266,661) (3,215,352) (10,680,918) (17,505,124) (49,389,410)
----------- ----------- ------------ ------------ -------------
$(1,014,274) $ - $ - $ 200,000 $ 60,629,842
=========== =========== ============ ============ =============
THE FOLLOWING COMPANIES ARE INACTIVE:
Fortified Window and Door, Inc. f.k.a. AAPC One Acquisition Corporation
AAPC Two Acquisition Corporation AAPC Three Acquisition Corporation
AAPC Three Acquisition Corporation AAPC Four Acquisition Corporation
AAPC Four Acquisition Corporation AAPC Five Acquisition Corporation
AAPC Five Acquisition Corporation AAPC Six Acquisition Corporation
AAPC Six Acquisition Corporation
Modern Window Company
Vinylsource, Inc.
WIG Liquidation Company
Monthly Summary of Operations Form 4
DANVID WINDOW COMPANY Case Number 00-43726
Period Ended: MAY 31, 2003
Schedule of Postpetition Taxes Payable
Beginning Accrued/ Payments/ Ending
Balance Withheld Deposits Balance
--------- -------- --------- -------
Income taxes withheld:
Federal $ - $ - $ - $ -
State - - - -
Local - -
FICA withheld - - - -
Employers FICA - - - -
Unemployment tax:
Federal - - - -
State - - - -
Sales, use & excise 67,121 - 67,121 -
Property tax - - - -
Other taxes - - - -
------- ----- ------- -----
Total $67,121 $ - $67,121 $ -
======= ===== ======= =====
Aging of accounts receivable and post-petition accounts payable
Age in days 0-30 30-60 Over 60 Total
---- ----- ------- -----
Post petition
accounts payable $ - $ - $ - $ -
Accounts receivable $ - $ - $ - $ -
For post petition accounts payable over 30 days old, please attach a sheet
listing each such account, to whom the account is owed, the date the account was
opened, and the reason for non-payment of the account.
Monthly Summary of Operations Form 4
AMERICAN ARCHITECTURAL PRODUCTS CORPORATION -- CORPORATE
Period Ended: MAY 31, 2003 Case Number 00-43726
Schedule of Post-petition Taxes Payable
Beginning Accrued/ Payments/ Ending
Balance Withheld Deposits Balance
------- -------- -------- -------
Income taxes withheld:
Federal $ - $ - $ - $ -
State - - - -
Local - - - -
FICA withheld - - - -
Employers FICA - - - -
Unemployment tax:
Federal - - - -
State - - - -
Sales, use & excise - - - -
Property tax - - - -
Other taxes - - - -
------- ------- ------- -------
Total $ - $ - $ - $ -
======= ======= ======= =======
Aging of accounts receivable and post-petition accounts payable
Age in days 0-30 30-60 Over 60 Total
---- ----- ------- -----
Post petition
accounts payable $110,487 $ 51,577 $100,826 $262,890
Accounts receivable $ 14,675
For post petition accounts payable over 30 days old, please attach a sheet
listing each such account, to whom the account is owed, the date the account was
opened, and the reason for non-payment of the account.
Form 4
AMERICAN ARCHITECTURAL PRODUCTS CORP.
ACCOUNTS PAYABLE AGING DETAIL
APRIL 30, 2003 Case Number 00-43726
DATE NAME OPEN BALANCE
---------------- ----------------------------------------- -------------------
1 - 30
05/29/2003 North Pittsburgh Telephone Company $ 160.54
04/03/2003 Squire, Sanders & Dempsey LLP 99,433.50
04/03/2003 Squire, Sanders & Dempsey LLP 8,760.15
05/29/2003 Danvid Window Company 2,132.92
-------------------
Total 1 - 30 110,487.11
31 - 60
03/20/2003 Kramer, Levin, Naftalis & Frankel, LLP 50,995.50
03/20/2003 Kramer, Levin, Naftalis & Frankel, LLP 581.81
-------------------
Total 31 - 60 51,577.31
greater than 60
12/12/2001 Ameritech 553.51 In dispute
01/12/2001 ADP, Inc. 3,632.62 In dispute
Will be paid upon
03/28/2002 Kramer Levin Naftalis & Frankel LLP 86,491.13 confirmation and
submission of final fee
application
Will be paid upon
12/16/2002 Squire, Sanders & Dempsey LLP 7,958.40 confirmation and
submission of final fee
application
Will be paid upon
12/02/2002 Nadler Nadler & Burdman Co. 2,190.30 confirmation and
submission of final fee
application
-------------------
Total greater than 60 100,825.96
-------------------
TOTAL 262,890.38
===================
AMERICAN ARCHITECTURAL PRODUCTS CORPORATION -- CORPORATE Form 5
MONTHLY CASH STATEMENT Case Number 00-43726
FOR THE MONTH ENDED MAY 31, 2003
NATIONAL CITY NATIONAL CITY NATIONAL CITY
DISBURSEMENT LOCKBOX DISBURSEMENT INVESTMENT
BEGINNING BOOK BALANCE $ (46,546) $ - $ 775,164 $ 57,785,503
ADJUSTMENT - - - -
RECEIPTS - 93,128 104,767 -
TRANSFERS RECEIVED 156,543 - 276,128 -
------------------------------------------------------------------------
BALANCE AVAILABLE 109,997 93,128 1,156,059 57,785,503
DISBURSEMENTS (121,176) - (380,484) -
TRANSFERS SENT - (93,128) - (228,503)
------------------------------------------------------------------------
ENDING BOOK BALANCE $ (11,179) $ - $ 775,574 $ 57,557,000
========================================================================
Attach copies of the most recent reconciled bank statements from each account.
DISBURSEMENT ACCOUNT:
Name & Address National City Bank
527 Chartiers Ave.
McKees Rocks, Pa 15136
Account Number 658765800 Based on account availability National City Bank invests the
balance in an overnight Euro Investment
LOCKBOX ACCOUNT:
Name & Address National City Bank
PO Box 951288
Cleveland, Ohio 44193
Account number 951288
INVESTMENT ACCOUNT
Name and Address Dreyfus Gov't Cash Management Account
National City Bank
Pittsburgh, Pa. 15222
Account Number 4603941
Other monies on hand (specify type and location) (I.e. CD's petty cash, etc.)
PETTY CASH: $ 594
Date: June 17, 2003
Signature: /s/ Conni K. McIsaac
----------------------------------------------
Debtor in Possession
AMERICAN ARCHITECTURAL PRODUCTS CORPORATION--CORPORATE FORM 5
Case Number 00-43726
Daily Summary of Cash Receipts for the month of April 2003
NATIONAL CITY
DATE DISBURSEMENT LOCKBOX INVESTMENT
---- ------------ ------- ----------
1 $ 6,832 $ 45,503
2 -
3 -
4 -
5 5,000
6 -
7 -
8 -
9 -
10 -
11 -
12 -
13 -
14 15,090
15
16
17 -
18 -
19 -
20 -
21 51,988
22 -
23 -
24 -
25 -
26 -
27 -
28 14,218
29
30
31 -
Interest 59,263
------------------------------------------------------------
Total $ $ - $ 93,128 $ 104,767
============================================================
AMERICAN ARCHITECTURAL PRODUCTS CORPORATION - CORPORATE FORM 5
Daily Summary of Cash Disbursements for the month of May 2003 Case Number 00-43726
Note: Disbursements equal checks written and other payments to vendors.
NATIONAL CITY NATIONAL CITY
DATE CHECKS LOCKBOX INVESTMENT DISBURSEMENT
----- ------- -------- ------------ ------------
1 $ 6,267
2 - 773
3 - -
4 - -
5 750
6 30,015
7 - 8,673
8 25,676 53,608
9 74
10 - -
11 -
12 47,529
13 19,887
14 - 7,209
15 4,903
16 79,448 455
17 - -
18 -
19 7,744
20 14,268
21 - 61,350
22 851
23 5,599 1,175
24 -
25 - -
26 -
27 - 98,807
28 - 1,138
29 13,712
30 9,635 94
31 817 -
UPS
NSF Checks -
Analysis charge 1,202
-----------------------------------------------------------------------------
Total $ 121,176 $ - $ - $ 380,484
=============================================================================
AMERICAN ARCHITECTURAL PRODUCTS CORPORATION - CORPORATE FORM 5
Case Number 00-43726
Daily Summary of cash transfers for the month of May 2003
Note: Transfers represent funds transferred from/to other Bank Accounts
TRANSFERRED FROM: NATIONAL CITY EURO NATIONAL CITY
DATE DISBURSEMENT LOCKBOX INVESTMENT OVERNIGHT DISBURSEMENT
----- ------------- -------- ----------- ---------- ------------
1 $ - $ 6,832 $ 45,503 $ - $ -
2 - -
3 -
4 -
5 5,000
6 -
7 -
8 -
9 -
10 -
11 -
12 -
13 -
14 15,090
15 -
16 -
17 -
18 -
19 -
20 -
21 51,988
22 -
23 -
24 -
25 -
26 -
27 -
28 14,218 - -
29 -
30 -
31 -
To Disbursement account 183,000
Interest
Adj for Euro month end difference -
To Investment Account -
------------------------------------------------------------------------------------------------
Total $ - $93,128 $ 228,503 $ - $ -
================================================================================================
AMERICAN ARCHITECTURAL PRODUCTS CORPORATION - CORPORATE FORM 5
Case Number 00-43726
Daily Summary of cash transfers for the month of May 2003
Note: Transfers represent funds transferred from/to other Bank Accounts
TRANSFERRED TO: NATIONAL CITY EURO NATIONAL CITY
DATE DISBURSEMENT LOCKBOX INVESTMENT OVERNIGHT DISBURSEMENT
----- ------------- ------- ---------- ---------- ------------
1 $ 6,267.11 $ - $ - $ - $ 6,832.39
2 773 -
3 - -
4 - -
5 750 5,000
6 30,015 -
7 1,901 -
8 - -
9 74 -
10 - -
11 - -
12 1,289 -
13 11,634 -
14 7,209 15,090
15 4,903 -
16 455 -
17 - -
18 - -
19 7,744 -
20 5,237 -
21 61,350 51,988
22 851 -
23 1,175 -
24 - -
25 - -
26 - -
27 - -
28 1,138 14,218
29 13,712 -
30 67 - -
31 - -
From Investment Account 183,000
Interest
Adj for Euro month-end difference
To investment account
-----------------------------------------------------------------------------------------------
Total $ 156,543 $ - $ - $ - $ 276,128
===============================================================================================
AMERICAN ARCHITECTURAL PRODUCTS CORPORATION - CORPORATE FORM 5
Case Number 00-43726
MONTHLY BANK RECONCILIATION - NATIONAL CITY DISBURSEMENT ACCOUNT
MAY 31, 2003
Balance per Bank $775,574.39
Less: Outstanding Checks
04/25/03 8347 140.93
05/23/03 8429 1,178.05
05/23/03 8434 225.00
05/30/03 8435 2,510.20
05/30/03 8436 210.59
05/30/03 8437 42.44
05/30/03 8438 63.09
05/30/03 8439 220.40
05/30/03 8440 4,190.50
05/30/03 8441 1,508.00
05/30/03 8442 655.13
05/30/03 8443 234.54
---------------------------
11,178.87
----------------
Balance per Books @ 5/31/03 $ 764,395.52
================
National City Disbursements Corp (11,178.87)
National City Disbursements Subs 775,594.39
----------------
$ 764,415.52
================
Note: National City Lockbox, Investment and Euro Overnight
account book balances agree to bank balances.
DANVID WINDOW COMPANY Form 5
Monthly Cash Statement Case Number 00-43726
For the month ending May 31, 2003
General Payroll Lockbox
Beginning book balance $ (31,999) $ 25,892 $ -
Receipts 16,294 - -
Transfers received 3,865 29,221 -
--------------------------------------------------------------
Balance available (11,840) 55,113 -
Disbursements (4,235) (44,727) -
Transfers sent - - -
--------------------------------------------------------------
Ending book balance $ (16,075) $ 10,386 $ -
==============================================================
Attach copies of the most recent reconciled bank statements from each account.
GENERAL ACCOUNT:
Name and Address: National City Bank of PA
527 Chartiers Avenue
McKees Rocks, PA 15136
Account Number: 0658765843
PAYROLL ACCOUNT:
Name and Address: Bank of America
P.O. Box 798
Witchita, KS 67201
Account Number: 1390059896
LOCKBOX ACCOUNT:
Name and Address: National City Bank of PA
4100 West 150th Street
Cleveland, OH 44135
Account number: 951286
Other monies on hand (specify type and location) (I.e. CD's petty cash, etc.)
Date: June 17, 2003
Signature: /s/ Conni K. McIsaac
-----------------------------------------
Debtor in Possession
DANVID WINDOW COMPANY Form 5
Case Number 00-43726
Daily Summary of Cash Receipts for the month of May 2003
Date General Payroll Lockbox
----- -------- -------- -------
1 $ - $ - $ -
2
3
4
5
6
7
8
9
10
11
12 50
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31 27
Void Checks 11,654
Adjustment 4,563
---------------------------------------------------------
Total $ 16,294 $ - $ -
=========================================================
DANVID WINDOW COMPANY Form 5
Case Number 00-43726
Daily Summary of Cash Disbursements for the month of May 2003
Note: Disbursements equals checks written and other bank transfers.
Date General Payroll Lockbox
---- ------- ------- -------
1 $ - $ - $ -
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29 30,979
30 17,557
31
Fees 3,082
UPS Charges 4,235
Adjustment (6,891)
------------------------------------------------------------
Total $ 4,235 $44,727 $ -
============================================================
DANVID WINDOW COMPANY Form 5
Case Number 00-43726
Daily Summary of cash transfers for the month of May 2003
Disbursements from:
Date General Payroll Lockbox
---- ------- ------- -------
1 $ - $ - $ -
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
------------------------------------------------------------
Total $ - $ - $ -
============================================================
DANVID WINDOW COMPANY Form 5
Case Number 00-43726
Daily Summary of cash transfers for the month of May 2003
Disbursements to:
Date General Payroll Lockbox
---- ------- ------- -------
1 $ - $ -
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29 29,221
30
31
UPS Charges 3,865
------------------------------------------------------------
Total $ 3,865 $29,221 $ -
============================================================
MONTHLY STATEMENT OF COMPENSATION FORM 6 (6/92)
---------------------------------
For the Period : May 1 thru May 31, 2003
The following is to be provided for each shareholder, officer, director,
manager, insider, or owner that is employed by the debtor in possession. Attach
additional pages if necessary.
Name: GEORGE HOFMEISTER Capacity: _________ Principal
_________ Officer
_____X___ Director
_________ Insider
Detailed Description of Duties: CHAIRMAN OF THE BOARD
Current Compensation Paid: NONE Weekly or Monthly
--------- ---------
Current Benefits Received: NONE Weekly or Monthly
Health Insurance
--------- ---------
Life Insurance
--------- ---------
Retirement
--------- ---------
Company Vehicle
--------- ---------
Entertainment
--------- ---------
Travel
--------- ---------
Other Benefits
--------- ---------
CURRENT TOTAL: NONE
Weekly or Monthly
--------- ---------
Dated: _________ ___________ _________ _____________
Principal, Officer, Director, Insider
MONTHLY STATEMENT OF COMPENSATION FORM 6 (6/92)
---------------------------------
For the Period : May 1 thru May 31, 2003
The following is to be provided for each shareholder, officer, director,
manager, insider, or owner that is employed by the debtor in possession. Attach
additional pages if necessary.
Name: JOSEPH DOMINIJANNI Capacity: _________ Principal
_____X___ Officer
_____X___ Director
_________ Insider
Detailed Description of Duties: INTERIM PRESIDENT AND CEO TREASURER
Current Compensation Paid: Weekly or Monthly
25,000.00
--------- ----------
Current Benefits Received: Weekly or Monthly
Health Insurance -
--------- ----------
Life & Disability Insurance 415.75
--------- ----------
Retirement -
--------- ----------
Company Vehicle 650.00
--------- ----------
Entertainment
--------- ----------
Travel, Food, Lodging
--------- ----------
Other Benefits
--------- ----------
CURRENT TOTAL:
Weekly or Monthly
26,065.75
--------- ----------
Dated: _________ ___________ ___________ _____________
Principal, Officer, Director, Insider
MONTHLY STATEMENT OF COMPENSATION FORM 6 (6/92)
---------------------------------
For the Period : May 1 thru May 31, 2003
The following is to be provided for each shareholder, officer, director,
manager, insider, or owner that is employed by the debtor in possession. Attach
additional pages if necessary.
Name: JONATHAN K. SCHOENIKE Capacity: _________ Principal
_____X___ Officer
_________ Director
_________ Insider
Detailed Description of Duties: GENERAL COUNSEL AND SECRETARY
Current Compensation Paid: Weekly or Monthly
13,333.34
--------- ----------
Current Benefits Received: Weekly or Monthly
Health Insurance -
--------- ----------
Life & Disability Insurance 153.75
--------- ----------
Retirement -
--------- ----------
Company Vehicle 450.00
--------- ----------
Entertainment -
--------- ----------
Travel, Food, Lodging -
--------- ----------
Other Benefits 79.32 cell phone
--------- ----------
CURRENT TOTAL:
Weekly or Monthly
14,016.41
--------- ----------
Dated: _________ ____________ _________ _______________
Principal, Officer, Director, Insider
MONTHLY STATEMENT OF COMPENSATION FORM 6 (6/92)
---------------------------------
For the Period : May 1 thru May 31, 2003
The following is to be provided for each shareholder, officer, director,
manager, insider, or owner that is employed by the debtor in possession. Attach
additional pages if necessary.
Name: DOUGLAS J. THOMAS Capacity: _________ Principal
_____X___ Officer
_________ Director
_________ Insider
Detailed Description of Duties: CHIEF FINANCIAL OFFICER
Current Compensation Paid: Weekly or Monthly
7,083.00
----------- ----------
Current Benefits Received: Weekly or Monthly
Health Insurance
----------- ----------
Life Insurance
----------- ----------
Retirement
----------- ----------
Company Vehicle
----------- ----------
Entertainment
----------- ----------
Travel, Food, Lodging
----------- ----------
Other Benefits
----------- ----------
CURRENT TOTAL:
Weekly or Monthly
7,083.00
----------- ----------
Dated: _________ ____________ _________ ________________
Principal, Officer, Director, Insider
MONTHLY STATEMENT OF COMPENSATION FORM 6 (6/92)
---------------------------------
For the Period : May 1 thru May 31, 2003
The following is to be provided for each shareholder, officer, director,
manager, insider, or owner that is employed by the debtor in possession. Attach
additional pages if necessary.
Name: DAVID J. WOLFE, JR. Capacity: _________ Principal
_____X___ Officer
_________ Director
_________ Insider
Detailed Description of Duties: ASSISTANT GENERAL COUNSEL AND ASSISTANT SECRETARY (RESIGNATION DATE 5/31/03)
Current Compensation Paid: Weekly or Monthly
56,659.21 Salary, retention bonus, vacation pay
------------- --------------
Current Benefits Received: Weekly or Monthly
Health Insurance -
------------- --------------
Life & Disability Insurance 117.85
------------- --------------
Retirement -
------------- --------------
Company Vehicle 450.00
------------- --------------
Entertainment -
------------- --------------
Travel, Food, Lodging -
------------- --------------
Other Benefits 63.09 cell phone, internet access
------------- --------------
CURRENT TOTAL:
Weekly or Monthly
57,290.15
------------- --------------
Dated: _________ ____________ _________ ________________
Principal, Officer, Director, Insider