Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Recycling Capital Partners, LLC
 2. Date of Event Requiring Statement (Month/Day/Year)
06/13/2014		 3. Issuer Name and Ticker or Trading Symbol
INDUSTRIAL SERVICES OF AMERICA INC /FL [IDSA]
(Last)
(First)
(Middle)
295 S. COMMERCE DRIVE		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

WATERLOO, IN US 46793		 6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Shares of Common Stock 857,143
D (2)
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Common Stock Purchase Warrant 12/13/2014 06/13/2019 Common Shares 857,143 $ 5 (1) D (2)  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Recycling Capital Partners, LLC
295 S. COMMERCE DRIVE
WATERLOO, IN US 46793		     X    
RIFKIN DANIEL M
295 S. COMMERCE DRIVE
WATERLOO, IN US 46793		     X    

Signatures

/s/ Daniel M. Rifkin, Manager of Recycling Capital Partners, LLC 06/23/2014
**Signature of Reporting Person Date
/s/ Daniel M. Rifkin 06/23/2014
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Subject to adjustment for stock dividends, stock splits and other recapitalization events.
(2) This statement is jointly filed by and on behalf of each of Recycling Capital Partners, LLC and Daniel Rifkin, 295 S. Commerce Drive, Waterloo, IN 46793. Rifkin is the sole manager and 60% owner of Recycling Capital Partners, LLC, and is therefore deemed to have a beneficial interest in those shares.

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