[Draft: (New York) July 7, 2006]
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13D/A
(Amendment No. 1)
Under the Securities Exchange Act of 1934
CD&L, Inc.
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(Name of Issuer)
Common Stock, $0.001 par value
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(Title of Class of Securities)
14983Y107
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(CUSIP Number)
Mr. Steve Alexander with copies to:
BNP Paribas Robyn Shields, Esq.
787 Seventh Avenue BNP Paribas
New York, New York 10019 787 Seventh Avenue
212-841-2000 New York, NY 10019
212-841-2000
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
July 3, 2006
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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 which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box
[ ].
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SCHEDULE 13D/A
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CUSIP No. 14983Y107 Page 2 of 4 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
BNP Paribas I.R.S. Identification No. 650735612
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
N/A
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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
Republic of France
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NUMBER OF SHARES 7 SOLE VOTING POWER
BENEFICIALLY OWNED BY 0
EACH REPORTING PERSON ------- --------------------------------------------
WITH 8 SHARED VOTING POWER
0
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9 SOLE DISPOSITIVE POWER
0
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10 SHARED DISPOSITIVE POWER
0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
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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)
0.0%
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14 TYPE OF REPORTING PERSON
OO
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SCHEDULE 13D/A
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CUSIP No. 14983Y107 Page 3 of 4 Pages
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CD&L, Inc.
This Amendment No. 1 amends and terminates the Schedule 13D filed on
April 26, 2004 ("Schedule 13D"), relating to the Common Stock, par value $.001
per share ("Common Stock") of CD&L, Inc., a Delaware corporation (the "Issuer"),
the principal executive offices of which are located at 80 Wesley Street, South
Hackensack, New Jersey. Terms not otherwise defined herein shall have the
respective meaning given to such terms in the Schedule 13D.
This Amendment No. 1 to the Schedule 13D terminates the filing obligations
of BNP Paribas ("BNPP"), because BNPP is currently the beneficial owner of less
than 5% of the Common Stock.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
The response to this item is deleted in its entirety and replaced by the
following:
"(a) Not applicable.
(b) Not applicable.
(c) All of the warrants and shares of Series A Preferred Stock that were
previously beneficially owned by BNPP were sold to Velocity Express
Corporation pursuant to a Series A Preferred Stock and Warrant
Purchase Agreement (the "Purchase Agreement"), dated as of July 3,
2006, by and between Velocity Express Corporation and BNPP.
(d) Not applicable.
(e) As of July 3, 2006, pursuant to the transacation contemplated by the
Purchase Agreement, BNPP ceased to be the beneficial owner of more
than five percent of the shares of Common Stock".
SCHEDULE 13D/A
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CUSIP No. 14983Y107 Page 4 of 4 Pages
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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: July 7, 2006
BNP PARIBAS
By: /s/ Steve Alexander
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Name: Steve Alexander
Title: Managing Director