<ACCESSION-NUMBER>0000910643-01-500134
<TYPE>SC 13G/A
<PUBLIC-DOCUMENT-COUNT>1
<FILING-DATE>20010813
<GROUP-MEMBERS>COREY S. RIBOTSKY
<GROUP-MEMBERS>GLENN A. ARBEITMAN
<GROUP-MEMBERS>NEW MILLENIUM CAPITAL PARTNERS
<GROUP-MEMBERS>THE N.I.R. GROUP, LLC
<FILED-BY>
<COMPANY-DATA>
<CONFORMED-NAME>AJW PARTNERS LLC
<CIK>0001115256
<ASSIGNED-SIC>2200
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>SC 13G/A
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>155 FIRST STREET
<STREET2>STE B
<CITY>MINEOLA
<STATE>NY
<ZIP>11501
</BUSINESS-ADDRESS>
</FILED-BY>
<SUBJECT-COMPANY>
<COMPANY-DATA>
<CONFORMED-NAME>ACHIEVEMENT TECH HOLDINGS INC /ID/
<CIK>0001045151
<ASSIGNED-SIC>1000
<IRS-NUMBER>820290939
<STATE-OF-INCORPORATION>ID
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>SC 13G/A
<ACT>34
<FILE-NUMBER>005-59457
<FILM-NUMBER>1706399
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>211 WEST ELDER ROAD
<CITY>KELLOGG
<STATE>ID
<ZIP>83837
<PHONE>2087867572
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>2100 HIGHWAY 360
<STREET2>SUITE 400-B
<CITY>GRAND PRAIRIE
<STATE>TX
<ZIP>75050
</MAIL-ADDRESS>
</SUBJECT-COMPANY>
<DOCUMENT>
<TYPE>SC 13G/A
<SEQUENCE>1
<FILENAME>sc13g-a.htm
<DESCRIPTION>\MISC\ACHIEVEMENT TEC AUGUST FILINGS\13G-A<TEXT>
<HTML>
<HEAD>
<TITLE>Schedule 13G</TITLE>
</HEAD>
<BODY>
<P ALIGN=CENTER>UNITED STATES<br>
SECURITIES AND EXCHANGE COMMISSION<br>
Washington, D.C. 20549</P>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>SCHEDULE 13G</FONT></H1>
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>Under the Securities Exchange Act of 1934</font></P>
<P ALIGN=CENTER>(Amendment No. 1)(1)</P>
<P ALIGN=CENTER>ACHIEVEMENT TEC HOLDINGS, INC.
<CENTER>(Name of Issuer)</CENTER>
<br>
<P ALIGN=CENTER>Common Stock, $.001 par value per share
<CENTER>(Title of Class of Securities)</CENTER>
<br>
<P ALIGN=CENTER>828090 20 9
<CENTER>(CUSIP Number)</CENTER>
<br>
<P ALIGN=CENTER>February 1, 2001
<CENTER>(Date of Event Which Requires Filing of this Statement)</CENTER>
<br>
<P>Check the appropriate box to designate the rule pursuant to which this Schedule is filed:</P>
<P> [ ] Rule 13d-1(b)</p>
<P> [X] Rule 13d-1(c)
<P> [ ] Rule 13d-1(d)
<P>(1) 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 the disclosures provided in a prior cover page.</P>
<P>The information required in 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).</p>
<PAGE>
CUSIP NO. 828090 20 9 Page 2 of 11
_____________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
AJW Partners, LLC
_____________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
_____________________________________________________________________________
3 SEC USE ONLY
_____________________________________________________________________________
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
_____________________________________________________________________________
NUMBER OF 5 SOLE VOTING POWER
SHARES 0 (See Item 4)
______________________________________________________________
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0
______________________________________________________________
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0 (See Item 4)
______________________________________________________________
PERSON 8 SHARED DISPOSITIVE POWER
WITH 0
_____________________________________________________________________________
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0 (See Item 4)
_____________________________________________________________________________
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
Not Applicable [ ]
_____________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0 (See Item 4)
_____________________________________________________________________________
12 TYPE OF REPORTING PERSON*
OO
_____________________________________________________________________________
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 828090 20 9 Page 3 of 11
_____________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
New Millennium Capital Partners, II, LLC
_____________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
_____________________________________________________________________________
3 SEC USE ONLY
_____________________________________________________________________________
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
_____________________________________________________________________________
NUMBER OF 5 SOLE VOTING POWER
SHARES 0 (See Item 4)
______________________________________________________________
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0
______________________________________________________________
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0 (See Item 4)
______________________________________________________________
PERSON 8 SHARED DISPOSITIVE POWER
WITH 0
_____________________________________________________________________________
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0 (See Item 4)
_____________________________________________________________________________
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
Not Applicable [ ]
_____________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0 (See Item 4)
_____________________________________________________________________________
12 TYPE OF REPORTING PERSON*
OO
_____________________________________________________________________________
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 828090 20 9 Page 4 of 11
_____________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
The N.I.R. Group, LLC
_____________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
_____________________________________________________________________________
3 SEC USE ONLY
_____________________________________________________________________________
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
_____________________________________________________________________________
NUMBER OF 5 SOLE VOTING POWER
SHARES 75,000
______________________________________________________________
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0
______________________________________________________________
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 75,000
______________________________________________________________
PERSON 8 SHARED DISPOSITIVE POWER
WITH 0
_____________________________________________________________________________
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
75,000
_____________________________________________________________________________
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
Not Applicable [ ]
_____________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.75%(Based on 10,014,748 shares outstanding on 5/15/01)
_____________________________________________________________________________
12 TYPE OF REPORTING PERSON*
OO
_____________________________________________________________________________
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 828090 20 9 Page 5 of 11
_____________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
Glenn A. Arbeitman
_____________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
_____________________________________________________________________________
3 SEC USE ONLY
_____________________________________________________________________________
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
_____________________________________________________________________________
NUMBER OF 5 SOLE VOTING POWER
SHARES 652,500
______________________________________________________________
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0
______________________________________________________________
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 652,500
______________________________________________________________
PERSON 8 SHARED DISPOSITIVE POWER
WITH 0
_____________________________________________________________________________
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
652,500
_____________________________________________________________________________
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
Not Applicable [ ]
_____________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.5%(Based on 10,014,748 shares outstanding on 5/15/01)
_____________________________________________________________________________
12 TYPE OF REPORTING PERSON*
IN
_____________________________________________________________________________
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 828090 20 9 Page 6 of 11
_____________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
Corey S. Ribotsky
_____________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
_____________________________________________________________________________
3 SEC USE ONLY
_____________________________________________________________________________
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
_____________________________________________________________________________
NUMBER OF 5 SOLE VOTING POWER
SHARES 652,500
______________________________________________________________
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0
______________________________________________________________
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 652,500
______________________________________________________________
PERSON 8 SHARED DISPOSITIVE POWER
WITH 0
_____________________________________________________________________________
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
652,500
_____________________________________________________________________________
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
Not Applicable [ ]
_____________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.5%(Based on 10,014,748 shares outstanding on 5/15/01)
_____________________________________________________________________________
12 TYPE OF REPORTING PERSON*
IN
_____________________________________________________________________________
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 828090 20 9 Page 7 of 11
This Amendment No. 1 to Schedule 13G is being filed by Glenn A. Arbeitman,
Corey S. Ribotsky, New Millennium Capital Partners II, LLC ("New Millennium"),
AJW Partners, LLC ("AJW"), and The N.I.R. Group, LLC ("NIR"; Messrs. Arbeitman
and Ribotsky, New Millennium, AJW and NIR shall be referred to collectively as
the "Group"; each member of the Group shall be referred to individually as a
"Member" and collectively as "Members"), relating to the shares of Common Stock,
par value $.001 per share (the "AT Common Shares"), of Achievement Tec Holdings,
Inc. (f/k/a Silver Ramona Mining, Inc.), a Delaware Corporation ("AT" or
"Achievement Tec"). This Amendment No. 1 amends the Schedule 13G originally
filed by the Messrs. Arbeitman and Ribotsky, New Millennium and AJW on June 14,
2001.
Item 4. Ownership
Items 4(a) and 4(b) are restated in their entirety to read as follows:
4(a) Amount Beneficially Owned:
NIR beneficially owns 75,000 AT Common Shares, which were acquired as of
February 1, 2001; Mr. Arbeitman beneficially owns 652,500 AT Common Shares,
which were acquired on November 14, 2000; Mr. Ribotsky beneficially owns 652,500
AT Common Shares, which were acquired on November 14, 2000; New Millennium and
AJW each beneficially owns no AT Common Shares.(2)
_______________________
(2) Under the terms of a Secured Convertible Debenture Purchase and
Exchange Agreement, dated as of June 29, 2001, New Millennium exchanged 394,752
shares, a convertible promissory note and cash for $794,119.79 in principal
amount of convertible secured debentures (the "Debentures"), and AJW exchanged
191,623 shares and cash for $398,829.30 in principal amount of Debentures. The
Debentures are convertible at the option of the holder into the number of AT
Common Shares calculated by dividing the outstanding principal amount and
accrued and unpaid interest by the "Conversion Price." The conversion price is a
price per share equal to the lesser of (1) $0.85 and (2) 60% of the average of
the lowest three inter-day trading prices (which need not occur on consecutive
trading days but which one or more may occur on the same trading day) during the
twenty trading days immediately preceding the applicable conversion date. The
holders of the Debentures described above are prohibited from using the
Debentures to acquire AT Common Shares to the extent that such acquisition would
result in such holder, together with any affiliate thereof, beneficially owning
in excess of 4.999% of the outstanding AT Common Shares following such
acquisition. The holders of the Debentures are also prohibited from using the
Debentures to acquire shares of AT Common Stock to the extent that such
acquisition would result in such holders, together with any affiliate thereof,
beneficially owning in excess of 9.999% of the outstanding AT Common Shares
following such acquisition. Because Messrs. Arbeitman and Ribotsky, affiliates
of New Millennium and AJW, beneficially own in the aggregate more than 10% of
the outstanding AT Common Shares, the holders of the Debentures are prohibited
from using the Debentures to acquire AT Common Shares, and therefore this
Schedule 13G therefore does not include the Debentures. Each of the restrictions
may be waived by the holder of such Debenture on not less than 61 days notice to
AT.
<page>
CUSIP NO. 828090 20 9 Page 8 of 11
4(b) Percent of Class:
The 75,000 shares of AT Common Shares that NIR beneficially owns represent
approximately 0.75% of the Achievement Tec's outstanding shares (based on
10,014,748 shares outstanding, as reported by AT on 5/15/01); the 652,500 shares
of AT Common Shares that Mr. Arbeitman beneficially owns represent approximately
6.5% of the Achievement Tec's outstanding shares (based on 10,014,748 shares
outstanding, as reported by AT on 5/15/01); and the 652,500 shares of AT Common
Shares that Mr. Ribotsky beneficially owns represent approximately 6.5% of the
Achievement Tec's outstanding shares (based on 10,014,748 shares outstanding, as
reported by AT on 5/15/01).
Item 10. Certification
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were not acquired and are not held for the
purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
<page>
CUSIP NO. 828090 20 9 Page 9 of 11
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.
AJW PARTNERS, LLC
By: SMS Group, LLC
By: /s/ Corey S. Ribotsky
-------------------------------
Corey S. Ribotsky, Manager
NEW MILLENNIUM CAPITAL PARTNERS II, LLC
By: First Street Manager II, LLC
By: /s/ Glenn A. Arbeitman
-------------------------------
Glenn A. Arbeitman, Manager
THE N.I.R. GROUP, LLC
By: /s/ Corey S. Ribotsky
-------------------------------
Corey S. Ribotsky, Managing Member
/s/ Glenn A. Arbeitman
-------------------------------
Glenn A. Arbeitman
/s/ Corey S. Ribotsky
-------------------------------
Corey S. Ribotsky
<page>
CUSIP NO. 828090 20 9 Page 10 of 11
JOINT FILING AGREEMENT
JOINT FILING AGREEMENT made as of this 13th day of August, 2001 by and among
GLENN A. ARBEITMAN ("GA"), COREY S. RIBOTSKY ("CR"), AJW PARTNERS, LLC, a
Delaware limited liability company ("AJW"), NEW MILLENNIUM CAPITAL PARTNERS II,
LLC, a Delaware limited liability company ("NMP"), and The N.I.R. Group, LLC, a
New York limited liability company ("NIR").
WHEREAS, GA, CR, AJW, NMP and NIR collectively beneficially own more than
five (5%) percent of the issued and outstanding common stock, $.001 par value of
Achievement Tec Holdings, Inc. ("ATH Common Stock"), a New York corporation; and
WHEREAS, pursuant to Section 13(g) of the Securities Exchange Act of 1934,
as amended and the rules and regulations promulgated thereunder, the parties
hereto are required to file a Schedule 13G with the Securities and Exchange
Commission ("SEC").
NOW, THEREFORE, the parties agree as follows:
1. GA, CR, AJW, NMP and NIR hereby agree to jointly file an amendment to
Schedule 13G with the SEC regarding the beneficial ownership of ATH Common Stock
and to file any and all amendments and supplements thereto.
2. This Agreement contains the entire agreement among the parties
concerning the subject matter hereof and may not be amended, modified or changed
except pursuant to a written instrument signed by all parties.
IN WITNESS WHEREOF, the parties have signed this Agreement the day and year
first above written. AJW PARTNERS, LLC
By: SMS Group, LLC
By: /s/ Corey S. Ribotsky
------------------------------
Corey S. Ribotsky, Manager
NEW MILLENNIUM CAPITAL
PARTNERS II, LLC
By: First Street Manager II, LLC
------------------------------
By: /s/ Glenn A. Arbeitman
------------------------------
Glenn A. Arbeitman, Manager
<page>
CUSIP NO. 828090 20 9 Page 11 of 11
THE N.I.R. GROUP, LLC
By: /s/ Corey S. Ribotsky
-------------------------------
Corey S. Ribotsky, Managing Member
/s/ Glenn A. Arbeitman
------------------------------
Glenn A. Arbeitman
/s/ Corey S. Ribotsky
------------------------------
Corey S. Ribotsky
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</SUBMISSION> |
