SC 13G/A 1 v012278.txt SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ------------ SCHEDULE 13G/A (Rule 13d-102) INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. 8) Target Logistics, Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 876123 10 0 -------------------------------------------------------------------------------- (CUSIP Number) Not Applicable (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |_| Rule 13d-1(b) |_| Rule 13d-1(c) |X| Rule 13d-1(d) --------------- -1- -------------------------- ------------------------------------ CUSIP No. 876123 10 0 13G Page 2 of 10 Pages ---------------- --------- ------------ -------------------------- ------------------------------------ -------- ----------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Wrexham Aviation Corp. 52-1703231 -------- ----------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| -------- ----------------------------------------------------------------------- 3 SEC USE ONLY -------- ----------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware -------------------- ----- ----------------------------------------------------- SOLE VOTING POWER 5 NUMBER OF SHARES BENEFICIALLY OWNED 0 BY EACH REPORTING PERSON WITH -------------------- ----- ----------------------------------------------------- 6 SHARED VOTING POWER 8,958,235 -------------------- ----- ----------------------------------------------------- 7 SOLE DISPOSITIVE POWER 0 -------------------- ----- ----------------------------------------------------- 8 SHARED DISPOSITIVE POWER 8,958,235 -------- ----------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,958,235 -------- ----------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES* |_| -------- ----------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 47.4% -------- ----------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* CO -------- ----------------------------------------------------------------------- -2- -------------------------- ------------------------------------ CUSIP No. 876123 10 0 13G Page 3 of 10 Pages ---------------- --------- ------------ -------------------------- ------------------------------------ -------- ----------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS TIA, Inc. 56-1587147 -------- ----------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| -------- ----------------------------------------------------------------------- 3 SEC USE ONLY -------- ----------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware -------------------- ----- ----------------------------------------------------- 5 NUMBER OF SHARES SOLE VOTING POWER BENEFICIALLY OWNED 8,538,235 BY EACH REPORTING PERSON WITH ----- ----------------------------------------------------- 6 SHARED VOTING POWER 420,000 ----- ----------------------------------------------------- 7 SOLE DISPOSITIVE POWER 8,538,235 ----- ----------------------------------------------------- 8 SHARED DISPOSITIVE POWER 420,000 -------- ----------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,958,235 -------- ----------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES* |_| -------- ----------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 47.4% -------- ----------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* CO -------- ----------------------------------------------------------------------- -3- -------------------------- ------------------------------------ CUSIP No. 876123 10 0 13G Page 4 of 10 Pages ---------------- --------- ------------ -------------------------- ------------------------------------ -------- ----------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Richard A. Swirnow ###-##-#### -------- ----------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| -------- ----------------------------------------------------------------------- 3 SEC USE ONLY -------- ----------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION USA -------------------- ----- ----------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES 0 BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH ----- ----------------------------------------------------- 6 SHARED VOTING POWER 8,958,235 ----- ----------------------------------------------------- 7 SOLE DISPOSITIVE POWER 0 ----- ----------------------------------------------------- 8 SHARED DISPOSITIVE POWER 8,958,235 -------- ----------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,958,235 -------- ----------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES* |_| -------- ----------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 47.4% -------- ----------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN -------- ----------------------------------------------------------------------- -4- -------------------------- ------------------------------------ CUSIP No. 876123 10 0 13G Page 5 of 10 Pages ---------------- --------- ------------ -------------------------- ------------------------------------ -------- ----------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Swirnow Airways Corp. 52-1230049 -------- ----------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| -------- ----------------------------------------------------------------------- 3 SEC USE ONLY -------- ----------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware -------------------- ----- ----------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES 0 BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH ----- ----------------------------------------------------- 6 SHARED VOTING POWER 8,958,235 ----- ----------------------------------------------------- 7 SOLE DISPOSITIVE POWER 0 ----- ----------------------------------------------------- 8 SHARED DISPOSITIVE POWER 8,958,235 -------- ----------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,958,235 -------- ----------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES* |_| -------- ----------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 47.4% -------- ----------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* CO -------- ----------------------------------------------------------------------- -5- SCHEDULE 13G Item 1(a). Name of Issuer: Target Logistics, Inc. Item 1(b). Address of Issuer's Principal Executive Offices: 500 Harborview Drive, Third Floor, Baltimore, Maryland 21230 Item 2(a). Names of Persons Filing: This Schedule 13G is being filed on behalf of all of the following Reporting Persons, pursuant to the Agreement attached hereto as Exhibit 1: Wrexham Aviation Corp. TIA, Inc. Richard A. Swirnow Swirnow Airways Corp. Item 2(b). Address of Principal Business Office or, if none, Residence: 500 Harborview Drive, Third Floor, Baltimore, Maryland 21230 Item 2(c). Citizenship: Wrexham Aviation Corp. Delaware TIA, Inc. Delaware Richard A. Swirnow USA Swirnow Airways Corp. Delaware Item 2(d). Title of Class of Securities: Common Stock, par value $.01 per share Item 2(e). CUSIP Number: 876123 10 0 Item 3. If this statement is filed pursuant to Rules 13d-1(b),or 13d-2(b), check whether the person filing is a: Not applicable. -6- Item 4. Ownership: As of December 31, 2004, the following shares were beneficially owned by the Reporting Persons:

* Includes 3,073,650 shares which TIA, Inc. has the right to acquire as of December 31, 2004 by conversion of shares of the Issuer's Class F Preferred Stock. -7- Item 4 (Ownership) - cont.

* Includes 3,073,650 shares which TIA, Inc. has the right to acquire as of December 31, 2004 by conversion of shares of the Issuer's Class F Preferred Stock. Item 5. Ownership of Five Percent or Less of a Class: Not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person: Not applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company: Not applicable. Item 8. Identification and Classification of Members of the Group: Not applicable. Item 9. Notice of Dissolution of Group: Not applicable. -8- Item 10. Certification: Not applicable. 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: February 3, 2005 WREXHAM AVIATION CORP. By: /s/ Richard A. Swirnow ----------------------------- Richard A. Swirnow, President TIA, INC. By: /s/ Richard A. Swirnow ----------------------------- Richard A. Swirnow, President SWIRNOW AIRWAYS CORP. By: /s/ Richard A. Swirnow ----------------------------- Richard A. Swirnow, President /s/ Richard A. Swirnow ---------------------- Richard A. Swirnow -9-

TARGET LOGISTICS INC SC 13G/A