SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 3)
Color Imaging, Inc.
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(Name of Issuer)
$0.01 par value per share
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(Title of Class of Securities)
196245 10 4
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(CUSIP Number)
Robert F. Dow, Esq.
171 17th Street
Suite 2100
Atlanta, Georgia 30363
404-873-8500
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
June 7, 2005
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(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 ss.ss. 240.13d-1(e), 240.13d-1(f) or 240.13d-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 ss. 240.13d-7(b) for other
parties to whom copies are to be sent.
*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
disclosures provided in a prior cover page.
The information required on 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).
CUSIP NO. 196245 10 4 PAGE 2 of 10
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1 Name of Reporting Persons I.R.S. Identification Nos. of Above Persons
Chi Fu Investment Co. Ltd
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2 Check the Appropriate Box if a Member of a Group (a) [X]
(b) [_]
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3 SEC Use Only
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4 Source of Funds
WC
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5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e) [_]
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6 Citizenship or Place of Organization
Taiwan, R.O.C.
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7 Sole Voting Power
4,500,000
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8 Shared Voting Power
0
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9 Sole Dispositive Power
4,500,000
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10 Shared Dispositive Power
0
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11 Aggregate Amount Beneficially Owned by Each Reporting Person
4,500,000
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12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares [_]
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13 Percent of Class Represented by Amount in Row (11)
35.46 percent
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14 Type of Reporting Person
CO
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CUSIP NO. 196245 10 4 PAGE 3 of 10
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1 Name of Reporting Persons I.R.S. Identification Nos. of Above Persons
Jui-Hung Wang
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2 Check the Appropriate Box if a Member of a Group (a) [X]
(b) [_]
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3 SEC Use Only
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4 Source of Funds
00
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5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e) [_]
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6 Citizenship or Place of Organization
Taiwan, R.O.C.
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7 Sole Voting Power
737,928*
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8 Shared Voting Power
4,500,000*
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9 Sole Dispositive Power
737,928*
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10 Shared Dispositive Power
4,500,000*
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11 Aggregate Amount Beneficially Owned by Each Reporting Person
5,337,928*
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12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares [_]
--------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
41.25* percent
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14 Type of Reporting Person
IN
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* Includes 38,750 shares subject to options that are currently exercisable.
Mr. Jui-Hung Wang's ownership of the 4,500,000 shares reported under shared
voting and dispositive power is indirect as a 8.0% owner of General Plastic
Industrial Co., Ltd, which owns 100% of Chi Fu Investment Co. Ltd., the
record owner of the shares. Mr. Jui-Hung Wang disclaims beneficial
ownership of 8.4% and 1.8% of such shares of common stock beneficially
owned by Messrs. Jui-Chi Wang and Jui-Kung Wang, respectively.
CUSIP NO. 196245 10 4 PAGE 4 of 10
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1 Name of Reporting Persons I.R.S. Identification Nos. of Above Persons
Jui-Chi Wang
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2 Check the Appropriate Box if a Member of a Group (a) [X]
(b) [_]
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3 SEC Use Only
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4 Source of Funds
00
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5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e) [_]
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6 Citizenship or Place of Organization
Taiwan, R.O.C.
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7 Sole Voting Power
1,008,200*
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8 Shared Voting Power
4,500,000*
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9 Sole Dispositive Power
1,008,200*
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10 Shared Dispositive Power
4,500,000*
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11 Aggregate Amount Beneficially Owned by Each Reporting Person
5,508,200*
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12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares [_]
--------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
43.26* percent
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14 Type of Reporting Person
IN
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* Includes 43,750 shares subject to options that are currently exercisable.
Mr. Jui-Chi Wang's ownership of the 4,500,000 shares reported under shared
voting and dispositive power is indirect as a 8.4% owner of General Plastic
Industrial Co., Ltd, which owns 100% of Chi Fu Investment Co. Ltd, the
record owner of the shares. Mr. Jui-Chi Wang disclaims beneficial ownership
of 8.0% and 1.8% of such shares of common stock beneficially owned by
Messrs. Jui-Hung Wang and Jui-Kung Wang, respectively.
CUSIP NO. 196245 10 4 PAGE 5 of 10
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1 Name of Reporting Persons I.R.S. Identification Nos. of Above Persons
Jui-Kung Wang
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2 Check the Appropriate Box if a Member of a Group (a) [X]
(b) [_]
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3 SEC Use Only
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4 Source of Funds
00
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5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e) [_]
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6 Citizenship or Place of Organization
Taiwan, R.O.C.
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7 Sole Voting Power
344,959*
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8 Shared Voting Power
4,500,000*
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9 Sole Dispositive Power
344,959*
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10 Shared Dispositive Power
4,500,000*
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11 Aggregate Amount Beneficially Owned by Each Reporting Person
4,844,959*
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12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares [_]
--------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
38.09* percent
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14 Type of Reporting Person
IN
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* Includes 28,750 shares subject to options that are currently exercisable.
Mr. Jui-Kung Wang's ownership of the 4,500,000 shares reported under shared
voting and dispositive power is indirect as a 1.8% owner of General Plastic
Industrial Co., Ltd, which owns 100% of Chi Fu Investment Co. Ltd, the
record owner of the shares. Mr. Jui-Kung Wang disclaims beneficial
ownership of 8.0% and 8.4% of such shares of common stock beneficially
owned by Messrs. Jui-Hung Wang and Jui-Chi Wang, respectively. o
CUSIP NO. 196245 10 4 PAGE 6 of 10
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1 Name of Reporting Persons I.R.S. Identification Nos. of Above Persons
General Plastic Industrial Co., Ltd
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2 Check the Appropriate Box if a Member of a Group (a) [X]
(b) [_]
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3 SEC Use Only
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4 Source of Funds
WC
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5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e) [_]
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6 Citizenship or Place of Organization
Taiwan, R.O.C.
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7 Sole Voting Power
0
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8 Shared Voting Power
4,500,000*
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9 Sole Dispositive Power
0
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10 Shared Dispositive Power
4,500,000*
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11 Aggregate Amount Beneficially Owned by Each Reporting Person
4,500,000*
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12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares [_]
--------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
35.46* percent
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14 Type of Reporting Person
CO
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* General Plastic Industrial Co., Ltd ("GPI") owns 100% of Chi Fu Investment
Co. Ltd., the record owner of the shares. This amendment is filed to add
GPI as a filing person, as GPI was erroneously omitted from the original
Schedule 13D.
CUSIP NO. 196245 10 4 PAGE 7 of 10
ITEM 1. SECURITY AND ISSUER
This statement relates to the common stock, $0.01 par value, per share, of
Color Imaging, Inc., a Delaware corporation ("Color Imaging"). The principal
executive office of Color Imaging is located at:
4350 Peachtree Industrial Boulevard
Suite 100
Norcross, Georgia 30071
ITEM 2. IDENTITY AND BACKGROUND
(a) This Schedule 13D is filed by:
Chi Fu Investment Co. Ltd, a Taiwanese company ("CFI")
General Plastic Industrial Co., Ltd, a Taiwanese company ("GPI")
Jui-Hung Wang
Jui-Chi Wang
Jui-Kung Wang
CFI's principal business is an investment company. GPI's principal
business is plastic injection molding of bottles, cartridges and gears
used in electrostatic printing and photocopying Jui-Hung Wang, Jui-Chi
Wang and Jui-Kung Wang are 8.0%, 8.4% and 1.8% beneficial
shareholders, respectfully, in GPI, which owns 100% of CFI.
(b) The address of the principal business and principal office of CFI is
50, Tzu-Chiang Rd., Wu-chi Town, Taichung County, Taiwan, R.O.C. The
address of the principal business and principal office of GPI is 50,
Tzu-Chiang Rd., Wu-chi Town, Taichung County, Taiwan, R.O.C.
(c) Jui-Hung Wang is a Director of Color Imaging, Inc. and Chairman of the
Board of Directors of CFI and GPI. The address of Jui-Hung Wang is 50,
Tzu-Chiang Rd., Wu-chi Town, Taichung County, Taiwan, R.O.C.
Jui-Chi Wang is a director of Color Imaging and President of GPI. The
address of Jui-Chi Wang is 50, Tzu-Chiang Rd., Wu-chi Town, Taichung
County, Taiwan, R.O.C.
Jui-Kung Wang is a Chairman of the Board of Directors and Chief
Executive Officer of Color Imaging and internal auditor of GPI. The
address of Jui-Kung Wang is 3450 Peachtree Industrial Blvd, Suite 100,
Norcross, GA 30071 USA.
(d) During the past five years, none of CFI, GPI or, to the best of their
knowledge, any person set forth in Item 2(a) above, has been convicted
in a criminal proceeding (excluding traffic violations or similar
misdemeanors).
(e) During the past five years, none of CFI, GPI or, to the best of their
knowledge, any person set forth in Item 2(a) above, was a party to a
civil proceeding of a judicial or administrative body of competent
jurisdiction as a result of which such person was or is subject to a
judgment, decree or final order enjoining future violations of or
prohibiting or mandating activity subject to federal or state
securities laws or finding any violation with respect to such laws.
(f) Each individual set forth in Item 2(a) above is a citizen of the
Taiwan, R.O.C.
CUSIP NO. 196245 10 4 PAGE 8 of 10
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
On March 6, 2003, CFI acquired 4,500,000 shares of common stock of Color Imaging
for $1.35 per share pursuant to a prospectus dated January 23, 2003. The
purchase price for the shares of Color Imaging common stock was $6,075,000, the
source of which was working capital of CFI. A copy of the prospectus is
incorporated herein by reference to Exhibit 99.1.
Jui-Chi Wang made the following open market purchases using personal funds:
DATE SHARES PRICE
---- ------ -----
5/22/03 10,000 $0.73
5/23/03 5,000 0.73
On May 18, 2004, the following reporting persons were granted options to
purchase the following number of shares of common stock of Color Imaging at an
exercise price of $0.54 per share:
REPORTING PERSON SHARES
---------------- ------
Wang, Jui-Kung 25,000
Wang, Jui-Hung 25,000
Wang, Jui-Chi 25,000
On June 7, 2005, Jui-Chi Wang received a gift of 270,000 shares from Daniel
Wang, his nephew and the son of Sueling Wang.
ITEM 4. PURPOSE OF TRANSACTION
The purpose of the transaction is solely for investment purposes.
(a)-(j) None.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a)-(b) See Items 7-13 of the cover pages.
(c) See Item 3. No other transactions in Color Imaging securities have
been effected by CFI, GPI or an individual named in Item 2 above
within the last sixty days.
(d) No other person has the right to receive or the power to direct the
receipt of dividends from, or the proceeds from the sales of, the
securities of Color Imaging.
(e) Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO
SECURITIES OF THE ISSUER
None.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
99.1 Color Imaging prospectus dated January 23, 2003 (incorporated herein
by reference to the Color Imaging Prospectus filed January 24, 2003
with the Securities and Exchange Commission).
CUSIP NO. 196245 10 4 PAGE 9 of 10
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.
Dated: June 9, 2005
CHI FU INVESTMENT CO. LTD
/s/ Jui-Hung Wang
--------------------------------------
By: Jui Hung Wang by Sueling Wang,
Attorney-in-Fact
Its: Chairman
GENERAL PLASTIC INDUSTRIAL CO., LTD
/s/ Jui-Hung Wang
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By: Jui-Hung Wang by Sueling Wang,
Attorney-in-Fact
Its: Chairman
/s/ Jui-Hung Wang
--------------------------------------
Jui-Hung Wang by Sueling Wang,
Attorney-in-Fact
/s/ Jui-Chi Wang
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Jui-Chi Wang by Sueling Wang,
Attorney-in-Fact
/s/ Jui-Kung Wang
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Jui-Kung Wang by Sueling Wang,
Attorney-in-Fact
CUSIP NO. 196245 10 4 PAGE 10 of 10
JOINT FILING AGREEMENT
The undersigned acknowledge and agree that the foregoing statement on Schedule
13D is filed on behalf of each of the undersigned and that all subsequent
amendments to this statement shall be filed on behalf of each of the undersigned
without the necessity of filing additional joint filing agreements. The
undersigned acknowledge that each shall be responsible for the timely filing of
such amendments, and for the completeness and accuracy of the information
concerning it contained therein, but shall not be responsible for the
completeness and accuracy of the information concerning the others, except to
the extent that it knows or has reason to believe that such information is
inaccurate.
This Agreement may be executed in counterparts and each of such counterparts
taken together shall constitute one and the same instrument.
Dated: June 9, 2005
CHI FU INVESTMENT CO. LTD
/s/ Jui-Hung Wang
--------------------------------------
By: Jui Hung Wang by Sueling Wang,
Attorney-in-Fact
Its: Chairman
GENERAL PLASTIC INDUSTRIAL CO., LTD
/s/ Jui-Hung Wang
--------------------------------------
By: Jui-Hung Wang by Sueling Wang,
Attorney-in-Fact
Its: Chairman
/s/ Jui-Hung Wang
--------------------------------------
Jui-Hung Wang by Sueling Wang,
Attorney-in-Fact
/s/ Jui-Chi Wang
--------------------------------------
Jui-Chi Wang by Sueling Wang,
Attorney-in-Fact
/s/ Jui-Kung Wang
--------------------------------------
Jui-Kung Wang by Sueling Wang,
Attorney-in-Fact