UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
RTIN HOLDINGS INC.
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
761265-10-7
(CUSIP Number)
Beverly Griffith, Esq.
c/o Gersten Savage, Kaplowitz, Wolf & Marcus, LLP
101 East 52 nd Street, New York,
(212) 752-9700
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
JUNE 30, 2003
---------------
(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 which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box o.
Check the following box if a fee is being paid with the statement o. (A fee is
not required only if the reporting person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
1
SCHEDULE 13D
CUSIP No. 761265-10-7
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON BARRON PARTNERS LP
TAX ID #: 431981699
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ x/ ]
(b) [ ]
3 SEC USE ONLY
4 SOURCE OF FUNDS
WC
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, Incorporated in Delaware
Number of 7 SOLE VOTING POWER
Shares Owned
By Each 2,590,780 shares beneficially owned in the aggregate
Reporting
Person
With
8 SHARED VOTING POWER
NONE
9 SOLE DISPOSITIVE POWER
2,590,780 shares beneficially owned in the aggregate
10 SHARED DISPOSITIVE POWER
NONE
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,590,770
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.99%
14 TYPE OF REPORTING PERSON
PN
Item 1. SECURITY AND ISSUER.
-------------------
This statement on Schedule 13D (the "Statement") relates to
the common stock, $.01 par value per share of
RTIN HOLDINGS INC, a Texas Corp., with its principal executive offices at 3218
Page Road, LongView, TX 75605.
Item 2. IDENTITY AND BACKGROUND.
-----------------------
This Statement is being filed by Barron Partners LP, a Delaware
Limited Liability Partnership, whose business address is 301 West 57th Street,
New York, NY 10019. During the last five years Barron Partners LP has not (i)
been convicted in a criminal proceeding or (ii) been a party to a civil
proceeding of a judicial or administrative body of competent jurisdiction and as
a result of such proceeding was or is subject to a judgment, decree or final
order enjoining future violations of, or prohibiting or mandating activities
subject to, Federal or state securities laws or finding any violation with
respect to such laws. Barron Partners LP is a United States Partnership,
organized under the laws of the State of Delaware.
Item 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
-------------------------------------------------
All purchases of common stock of RTIN HOLDINGS INC were made using
working capital. As of the Date of Event which required the filing of this
Statement, the Partnership used approximately $1,660,000 of its working capital
to purchase 2,590,780 common stock of Barron Partners LP securities. No other
funds or other consideration were used in making such purchases.
Item 4. PURPOSE OF TRANSACTION.
----------------------
All RTIN HOLDINGS INC securities owned by Barron Partners LP have
been acquired by the Partnership for investment purposes only.
Item 5. INTEREST IN SECURITIES OF THE ISSUER.
------------------------------------
As of the Date of the Event which required the filing of this
Statement, June 30, 2003, Barron Partners LP owned 2,590,780 shares of RTIN
HOLDINGS INC common stock. The RTIN HOLDINGS INC securities owned by Barron
Partners LP as of June 30, 2003 represented approximately 9.99% of the issued
and outstanding shares of RTIN HOLDINGS INC common stock. As of June 30, 2003,
Barron Partners LP had sole power to vote and dispose of each of the 2,590,780
shares of RTIN HOLDINGS INC common stock beneficially owned by it. In the sixty
days prior to June 30, 2003, the Date of the event requiring the filing of this
Statement, Barron Partners LP did not engage in any transactions involving RTIN
HOLDINGS INC common stock.
1
Item 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
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NONE
Item 7. MATERIAL TO BE FILED AS EXHIBITS.
--------------------------------
NONE.
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.
Date: July 9, 2003
/S/ BEVERLY GRIFFITH
---------------------------------------------------
Gersten, Savage, Kaplowitz, Wolf & Marcus. LLP
Attorneys for Barron Partners LP
By: Beverly A. Griffith, Esq.
2
POWER OF ATTORNEY
FOR EXECUTING FORM 13 D
Know all by these presents, that the Barron Partners LP hereby
constitutes and appoints Gersten, Savage, Kaplowitz, Wolf & Marcus, LLP signing,
its true and lawful attorney-in-fact to:
(1) execute for and on behalf of the undersigned the SEC Form
13 D relating to the undersigned's recent purchase of RTIN
HOLDINGS INC. common stock.
(2) do and perform any and all acts for and on behalf of the
undersigned which may be necessary or desirable to complete
the execution of this Form 13 D and the timely filing of
such form with the United States Securities and Exchange
Commission and any other appropriate authority; and
(3) take any other action of any type whatsoever in connection
with the foregoing which, in the opinion of such
attorney-in-fact, may be of benefit to, in the best
interest of, or legally required by, the undersigned, it
being understood that the documents executed by such
attorney-in-fact on behalf of the undersigned pursuant to
this Power of Attorney shall be in such form and shall
contain such terms and conditions as such attorney-in-fact
may approve in his discretion.
The undersigned hereby grants to each such attorney-in-fact full
power and authority to do and perform all and every act and thing whatsoever
requisite, necessary and proper to be done in the exercise of any of the rights
and powers herein granted. as fully to all intents and purposes as
attorney-in-fact might or could do if personally present, with full power of
substitution or revocation, hereby ratifying and confirming all that such
attorney-in-fact, or his substitute or substitutes, shall lawfully do or cause
to be done by virtue of this power of attorney and the rights and powers herein
granted. The undersigned acknowledges that the foregoing attorney-in- fact, in
serving in such capacity at the request of the undersigned, are not assuming any
of the undersigned's further responsibilities to comply with Sections 13(d) of
the Securities Exchange Act of 1934.
IN WITNESS HEREOF, the undersigned has caused this Power of Attorney
to be executed as of this _9th __day __July_, 2003.
/s/ ANDREW WORDEN
--------------------
Signature
Andrew Worden
Print Name
Andrew Worden, Managing Member of the
General Partner of Barron Partners LP