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OMB Number 3235-0145
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
HOM Corporation
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
40427C 10 4
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(CUSIP Number)
Robert S. Wilson
4210 Columbia Road, Suite 10C
Martinez, GA 30907 (706) 228-5087
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
June 21, 2002
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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. 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 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).
POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION
CONTAINED IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM DISPLAYS A
CURRENTLY VALID OMB CONTROL NUMBER.
CUSIP No. 40427C 10 4 13D Page 2 of 5 Pages
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1. Name of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Robert S. Wilson
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2. Check the Appropriate Box If a Member of a Group (See Instructions)
(a) [_]
(b) [_]
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3. SEC Use Only
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4. Source of Funds (See Instructions)
PF, 00
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5. Check 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
USA
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7. Sole Voting Power
NUMBER OF 650,314
SHARES _________________________________________________________________
BENEFICIALLY 8. Shared Voting Power
OWNED BY -0-
EACH _________________________________________________________________
REPORTING 9. Sole Dispositive Power
PERSON 650,314
WITH _________________________________________________________________
10. Shared Dispositive Power
-0-
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11. Aggregate Amount Beneficially Owned by Each Reporting Person
758,041
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12. Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) [_]
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13. Percent of Class Represented by Amount in Row (11)
19.5%
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14. Type of Reporting Person (See Instructions)
IN
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CUSIP No. 13D Page 3 of 5 Pages
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Item 1. Security and Issuer.
The class of security to which this statements relates is common stock of HOM
Corporation, whose address is 4210 Columbia Road, Suite 10C, Martinez, GA 30907.
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Item 2. Identity and Background.
(a) The person filing this statement is Robert S. Wilson
("Wilson").
(b) Wilson's business address is 4210 Columbia Road, Suite 10C,
Martinez, GA 30907
(c) Wilson's present principal occupation is Chairman and Chief
Executive Officer, HOM Corporation, mortgage brokerage and
real estate sales magazine, 4210 Columbia Road, Suite 10C,
Martinez, GA 30907.
(d) Wilson has never been convicted in a criminal proceeding
(excluding traffic violations or similar misdemeanors).
(e) Wilson has never 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.
(f) Wilson is a citizen of the United States of America.
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Item 3. Source and Amount of Funds or Other Consideration.
Wilson initially received 17,445 shares of common stock of Southern
States Lenders, Inc., whose name subsequently was changed to Direct Lending,
Inc. ("Direct"), as a result of the spin off of all the shares of Direct by its
former owner, Apple Homes Corporation, without any consideration from the
recipients of such shares or otherwise. Judith C. Wilson, Wilson's wife ("Mrs.
Wilson") also received 5,100 shares, as to which Wilson disclaims beneficial
interest. Direct was merged with a subsidiary of HOM Corporation, the issuer
herein ("HOM"),and the then outstanding shares of Direct became shares of HOM on
a one for one basis.
Wilson was chairman of Direct and is chairman and CEO of HOM, and has
supported their operations by purchasing 414,000 shares of HOM (or Direct)
common stock for $88,500; by accepting 41,600 shares in satisfaction of an
advance of $10,000 and interest of $400 thereon, which is the transaction that
has required the filing of this amendment; by accepting 232,000 shares of HOM
(or Direct) Common Stock for expense reimbursement in the amount of $58,000; and
by accepting 58,000 shares of HOM (or Direct) Common Stock for services valued
at $13,000. Mrs. Wilson received 8,000 shares for services rendered valued at
$2,000, and 94,627 shares for net advances of $23,657, as to which shares Wilson
disclaims beneficial ownership.
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Item 4. Purpose of Transaction.
Wilson's original receipt of the spun off shares of Direct was to develop an
independent mortgage banking company, of which he would be a controlling person.
His subsequent acquisitions of common stock of Direct and HOM have been to
support the operations of HOM and its subsidiaries, particularly in view of
their continuing cash needs.
(a) Wilson has agreed to accept no later than December 31, 2002
(extended from the original date of June 30, 2002) (a) 156,276
shares of HOM common stock in lieu of $39,062 payable to him
for $54,000 of salary from April 1, 2001 - December 31, 2002,
after estimated withholding of income and FICA taxes of
$14,931, and (b) 20,000 shares of HOM common stock in respect
of an advance of $8,000 on April 22, 2002 plus shares for
interest on the advance at 12% per annum until the shares are
issued. Wilson otherwise has no current plans to acquire or
dispose of common stock of HOM, although he anticipates that
he may be required to purchase additional common stock or
accept common stock for services and expenses to support HOM
and its subsidiaries.
CUSIP No. 13D Page 4 of 5 Pages
(b) Wilson, on behalf of HOM, is actively seeking one or more
business combinations or alliances, which he believes are
highly desirable for the business development of HOM. There
are currently no agreements or understandings for any such
business combinations or alliances, although various
unconcluded proposals have been made. Previous discussions
involving Factory Built Homes, Inc. and Erwin Modular
Structures, L.L.C., described, respectively, in HOM's Forms
10QSB for the quarters ended December 31, 2001 and March 31,
2002 have been amicably terminated, although such discussions
might be resumed.
(c) NA
(d) There are no plans or proposals to change the present board of
directors, but it is noted that Jeremy Collins ("Collins") was
added to the board on March 2, 2002, which board now consist
of Wilson, Collins and Bryce N. Batzer.
(e) NA
(f) NA
(g) NA
(h) NA
(i) NA
(j) NA
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Item 5. Interest in Securities of the Issuer.
(a) Wilson has a beneficial interest in 758,041 shares of HOM common stock,
which represents 19.5% of the 3,892,282 shares of HOM common stock outstanding.
This amount includes 107,727 shares registered in the name of Mrs. Wilson, as to
which Wilson disclaims beneficial ownership. It does not include 88,000 shares
registered in the name of Bradley C. Wilson; 40,290 shares registered in the
name of Jeffrey R. Wilson and 40,000 shares registered in the name of Keith M.
Wilson, Mr. Wilson's adult sons who do not reside with him, and 2,000 shares
registered in the name of Keith M. Wilson, custodian for Brett M. Wilson,
Wilson's grandson, as to all of which Wilson disclaims beneficial ownership and
in none of which he has voting or dispositive power.
(b) (See items 7-10 on the cover page)
(c) Wilson has not effected any transactions, and does not know of any
effected by any of the other persons named in paragraph (a), above, in HOM
common stock during the past 60 days.
(d) NA
(e) NA
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Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to
Securities of the Issuer.
Wilson has no contracts, arrangements, understandings or relationships
(legal or otherwise) with respect to any securities of HOM, other than as stated
in Item 4(a).
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Item 7. Material to be Filed as Exhibits.
None
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CUSIP No. 13D Page 5 of 5 Pages
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.
July 9, 2002
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(Date)
/s/ Robert S. Wilson
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(Signature)
Robert S. Wilson
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(Name/Title)
Attention. Intentional misstatements or omissions of fact constitute federal
criminal violations (see 18 U.S.C. 1001).