SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Rule 13e-3 Transaction Statement
Under Section 13(e) of the Securities Act of 1934
AMENDMENT NO. 7
THE DELTONA CORPORATION
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(Name of the Issuer)
THE DELTONA CORPORATION
YASAWA HOLDINGS, N.V.
SELEX INTERNATIONAL, B.V.
ANTONY GRAM
WILBURY INTERNATIONAL, N.V.
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( Name of Persons Filing Statement)
Common Stock, $1.00 Par Value
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(Title of Class of Securities)
247883101
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(CUSIP Number of Class of Securities)
Antony Gram
Chairman of the Board, President
THE DELTONA CORPORATION
8014 SW 135th Street Road, Ocala, Florida 34473
(352) 307-8100
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(Name, address and telephone number of person authorized to receive
Notices and communications on behalf of persons filing statement)
This statement is filed in connection with (check the appropriate box):
a. [ ] The filing of solicitation materials or an information
statement subject to Regulation 14A, Regulation 14C, or Rule 13e-3(c) under
the Securities Act of 1934.
b. [ ] The filing of a registration statement under the Securities Act
of 1934.
c. [ ] A tender offer.
d. [X] None of the above.
Check the following box if the soliciting materials or information statement
referred to in checking box (a) are preliminary copies: [ ]
Check the following box if the filing is a final amendment reporting the
Results of the transaction: [X]
Calculation of Filing Fee
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Transaction Valuation Amount of Filing Fee
$1,617,711 $323.54
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The "Transaction Valuation" amount referred to above is approximately
the product of 4,044,277 fractional shares to be purchased (the
Fractional Shares") and $0.40, the cash price per share to be paid for
fractional shares.
** In accordance with Rule 0-11 under the Securities Act of 1934, as
amended, the Filing Fee is determined by multiplying the Transaction Valuation
by 1/50th of 1%.
[ ] Check the box if any part of the fee is offset as provided by Rule 0-
11(a)(2) and identify the filing with which the offsetting fee was previously
paid. Identify the previous filing by registration statement number, or the
Form or Schedule and the date of its filing.
Amount Previously Paid: $323.54
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Form or Registration Number:
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Filing Parties: THE DELTONA CORPORATION, SELEX INTERNATIONAL, B.V., and YASAWA
HOLDINGS, N.V., ANTONY GRAM, AND WILBURY INTERNATIONAL, N.V.
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DATE FILED: January 30, 2004, Amending Rule 13E-3 Transaction Statement Filed
January 3, 2002 as amended on September 5, 2002, January 8, 2003, May 22, 2003,
September 17, 2003, October 27, 2003, and December 5, 2003.
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INTRODUCTION
This Amendment No. 7 to Schedule 13E-3 amends and supplements the Rule 13E-3
Transaction Statement on Schedule 13E-3 (as amended, the "13E-3 Statement")
Originally filed with the U.S. Securities and Exchange Commission ("SEC") on
January 3, 2002, as amended and Supplemented by a filing of Amendment No. 1 to
Schedule 13E-3 on September 5, 2002, a filing of Amendment No. 2 to Schedule
13E-3 on January 8, 2003, a filing of Amendment No. 3 to Schedule 13E-3 on May
22, 2003, a filing of Amendment No. 4 to Schedule 13E-3 on September 17, 2003, a
filing of Amendment No. 5 to Schedule 13E-3 on October 27, 2003, and a filing of
Amendment No. 6 to Schedule 13E-3 on December 5, 2003, is being filed by THE
DELTONA CORPORATION (the "Company"), YASAWA HOLDINGS, N.V. ("Yasawa"), SELEX
INTERNATIONAL, B.V. ("Selex"), MR. ANTONY GRAM ("Antony Gram") and WILBURY
INTERNATIONAL, N.V. ("Wilbury"), (collectively, the "Filing Persons")in
connection with a 500,000 for 1 reverse stock split and the amendment to the
Articles of Incorporation reducing the number of authorized shares of common
stock to 30. All information set forth herein should be read in conjunction with
the information contained or incorporated by reference in the 13E-3 Statement.
Unless otherwise indicated, capitalized terms used and not defined herein have
the respective meanings ascribed thereto in the 13E-3 Statement.
This final amendment to Schedule 13E-3 is being filed with the SEC pursuant to
the requirements of Rule 13e-3(d)(3) promulgated under the Securities Exchange
Act of 1934, as amended, to report the results of the transactions contemplated
by the reverse stock split and related amendment to the Company's articles of
incorporation.
The reverse split became effective on January 28, 2004, when the one for 500,000
reverse split and related amendment to the Company's Articles of Incorporation
reducing the number of authorized shares of common stock from 15,000,000 to 30
were approved by the shareholders at a special meeting called to consider both
proposals. The Amendment to the Articles of Incorporation became effective
January 29, 2004, when Articles of Amendment were filed with the Delaware
Secretary of State. The Company has requested that the Common Stock be
delisted from the over-the-counter market and is simultaneously filing Form 15
with the SEC certifying that its obligations to file reports under the
Securities Exchange Act of 1934 has been suspended.
Item 16. Exhibits
(a) None
(b) None
(c) None
(d) None
(e) None
(f) None
(g) None
SIGNATURES
After due 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.
/s/ ANTONY GRAM
____________________________________
ANTONY GRAM
President, Chief Executive Officer
Selex International, B.V.
Date: 1-28-04
/s/ ANTONY GRAM
____________________________________
ANTONY GRAM
Date: 1-28-04
/s/ SHARON J. HUMMERHIELM
____________________________________
SHARON J. HUMMERHIELM
Executive Vice President, Corporate Secretary
The Deltona Corporation
Date: 1-28-04
/s/ ROBERT O. MOORE
____________________________________
ROBERT O. MOORE
Treasurer
The Deltona Corporation
Date: 1-28-04
/s/
____________________________________
Zarf Trust Corporation, N.V.
Managing Director
Yasawa Holdings, N.V.
Date: 1-28-04
/s/
____________________________________
Amicorp Curacao, N.V.
Managing Director
Wilbury International, N.V.
Date: 1-28-04