-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, ON4PiS6seK/n7nv//40+SuHAAIe3X7EYNJsSFkt616HCVTKDw1LuBuxbEENut5d7 Gz48U0K4ojjjQ34W5eclKA== 0000950144-97-009834.txt : 19970912 0000950144-97-009834.hdr.sgml : 19970912 ACCESSION NUMBER: 0000950144-97-009834 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970908 SROS: NONE GROUP MEMBERS: FEDER STEVEN L GROUP MEMBERS: PETER STOLZ GROUP MEMBERS: THOMAS H. LINDSEY SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: QUINTEL ENTERTAINMENT INC CENTRAL INDEX KEY: 0001000297 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-AMUSEMENT & RECREATION SERVICES [7900] IRS NUMBER: 223322277 STATE OF INCORPORATION: DE FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: SC 13D SEC ACT: SEC FILE NUMBER: 005-47697 FILM NUMBER: 97676542 BUSINESS ADDRESS: STREET 1: ONE BLUE HILL PLAZA STREET 2: PO BOX 1665 CITY: PEARL RIVER STATE: NY ZIP: 10965 BUSINESS PHONE: 9146201212 MAIL ADDRESS: STREET 1: ONE BLUE HILL PLZ STREET 2: PO BOX 1665 CITY: PEARL RIVER STATE: NY ZIP: 10965 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FEDER STEVEN L CENTRAL INDEX KEY: 0001029633 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: C/O PSYCHIC READERS NETWORK STREET 2: 2455 SUNRISE BLVD SUITE 1102 CITY: FORT LAUDERDALE STATE: FL ZIP: 33304 BUSINESS PHONE: 9545683214 MAIL ADDRESS: STREET 1: C/O PSYCHIC READERS NETWORK INC STREET 2: 2455 SUNRISE BLVD SUITE 1102 CITY: FORT LAUDERDALE STATE: FL ZIP: 33304 SC 13D 1 QUINTEL/STEVEN FEDER SC 13D 7-28-97 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 2) QUINTEL ENTERTAINMENT, INC. --------------------------- (Name of Issuer) $.001 Par Value Common Stock ---------------------------- (Title of Class of Securities) 748762 10 1 ----------- (CUSIP Number) Steven L. Feder, c/o Psychic Readers Network, Inc. 2455 E. Sunrise Boulevard, Ft. Lauderdale, FL 33304 (954) 563-5464 -------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) July 28, 1997 ------------- (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(b)(3) or (4), check the following box [ ]. Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) 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 the disclosures provided in a prior cover page. The information required in 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 ("Act") 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). 1 2
- ------------------------------------------------------- --------------------------------------------- CUSIP NO. 748762 10 1 Page 2 - ------------------------------------------------------- --------------------------------------------- ========================================================================================================================== Names of Reporting Person: 1 Steven L. Feder SS or ISA Identification Nos. of Above Person - -------------------------------------------------------------------------------------------------------------------------- Check the Appropriate Box if a Member of a Group* 2 (a)[X] (b)[ ] - -------------------------------------------------------------------------------------------------------------------------- SEC use only 3 - -------------------------------------------------------------------------------------------------------------------------- Source of Funds* 4 AF, PF - -------------------------------------------------------------------------------------------------------------------------- Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) 5 [ ] - -------------------------------------------------------------------------------------------------------------------------- Citizenship or Place of Organization 6 USA - -------------------------------------------------------------------------------------------------------------------------- Sole voting power 7 1,197,995 Number of shares -------------------------------------------------------------------------------------------------- beneficially Shared voting power owned by each 8 reporting person 109,000 with -------------------------------------------------------------------------------------------------- Sole dispositive power 9 1,197,995 -------------------------------------------------------------------------------------------------- Shared dispositive power 10 109,000 - -------------------------------------------------------------------------------------------------------------------------- Aggregate Amount Beneficially Owned by Each Reporting Person 11 1,306,995 - -------------------------------------------------------------------------------------------------------------------------- Check if the Aggregate Amount in Row (11) Excludes Certain Shares* [X] 12 - -------------------------------------------------------------------------------------------------------------------------- Percent of Class Represente by Amount in Row (11) 13 7.0 - -------------------------------------------------------------------------------------------------------------------------- Type of Reporting Person* 14 IN ==========================================================================================================================
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- ------------------------------------------------------- --------------------------------------------- CUSIP NO. 748762 10 1 Page 3 - ------------------------------------------------------- --------------------------------------------- ========================================================================================================================== Names of Reporting Person: 1 Thomas H. Lindsey SS or ISA Identification Nos. of Above Person - -------------------------------------------------------------------------------------------------------------------------- Check the Appropriate Box if a Member of a Group* 2 (a)[X] (b)[ ] - -------------------------------------------------------------------------------------------------------------------------- SEC use only 3 - -------------------------------------------------------------------------------------------------------------------------- Source of Funds* 4 AF, PF - -------------------------------------------------------------------------------------------------------------------------- Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) 5 [ ] - -------------------------------------------------------------------------------------------------------------------------- Citizenship or Place of Organization 6 USA - -------------------------------------------------------------------------------------------------------------------------- Sole voting power 7 1,197,995 Number of shares -------------------------------------------------------------------------------------------------- beneficially Shared voting power owned by each 8 reporting person 109,000 with -------------------------------------------------------------------------------------------------- Sole dispositive power 9 1,197,995 -------------------------------------------------------------------------------------------------- Shared dispositive power 10 109,000 - -------------------------------------------------------------------------------------------------------------------------- Aggregate Amount Beneficially Owned by Each Reporting Person 11 1,306,995 - -------------------------------------------------------------------------------------------------------------------------- Check if the Aggregate Amount in Row (11) Excludes Certain Shares* [X] 12 - -------------------------------------------------------------------------------------------------------------------------- Percent of Class Represented by Amount in Row (11) 13 7.0 - -------------------------------------------------------------------------------------------------------------------------- 14 Type of Reporting Person* IN ==========================================================================================================================
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- ------------------------------------------------------- --------------------------------------------- CUSIP NO. 748762 10 1 Page 4 - ------------------------------------------------------- --------------------------------------------- ========================================================================================================================== Names of Reporting Person: Peter Stolz 1 SS or ISA Identification Nos. of Above Person - -------------------------------------------------------------------------------------------------------------------------- Check the Appropriate Box if a Member of a Group* 2 (a)[X] (b)[ ] - -------------------------------------------------------------------------------------------------------------------------- SEC use only 3 - -------------------------------------------------------------------------------------------------------------------------- Source of Funds* 4 AF, PF - -------------------------------------------------------------------------------------------------------------------------- Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) 5 [ ] - -------------------------------------------------------------------------------------------------------------------------- Citizenship or Place of Organization 6 USA - -------------------------------------------------------------------------------------------------------------------------- Sole voting power 7 403,710 Number of shares -------------------------------------------------------------------------------------------------- beneficially Shared voting power owned by each 8 reporting person 0 with -------------------------------------------------------------------------------------------------- Sole dispositive power 9 403,710 -------------------------------------------------------------------------------------------------- Shared dispositive power 10 0 - -------------------------------------------------------------------------------------------------------------------------- Aggregate Amount Beneficially Owned by Each Reporting Person 11 403,710 - -------------------------------------------------------------------------------------------------------------------------- Check if the Aggregate Amount in Row (11) Excludes Certain Shares* [X] 12 - -------------------------------------------------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 2.2 - -------------------------------------------------------------------------------------------------------------------------- 14 Type of Reporting Person* IN ==========================================================================================================================
5 The joint statement on Schedule 13D of Steven L. Feder ("Feder"), Thomas H. Lindsey ("Lindsey") and Peter Stolz ("Stolz") is hereby amended as follows: ITEM 1. SECURITY AND ISSUER. Item 1 is amended by deleting the last sentence of the item and substituting therefor the following: As of July 10, 1997, the Company had 18,598,563 shares of Common Stock issued and outstanding. ITEM 4. PURPOSE OF TRANSACTION Item 4 is amended by the addition thereto of the following: On June 23, 1997, Feder and Lindsey each made a capital contribution of 4,005 shares of Common Stock to PRN. On June 23, 1997, Stolz made a capital contribution of 990 shares of Common Stock to PRN and sold 26,300 shares of Common Stock in an open market transaction at $13.375 per share. On July 25, 1997, Feder and Lindsey each sold the following shares of Common Stock in open market transactions at the following sale prices per share: 10,000 shares at $13.625; 5,000 shares at $13.75; and 250 shares at $13.875. On July 28, 1997, Feder and Lindsey each sold 39,250 shares of Common Stock in open market transactions at a sale price of $14.00 per share. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. Item 5 is amended by the deletion thereof in its entirety and the substitution therefor of the following: (a) and (b) The Reporting Persons beneficially own the following amounts of Common Stock: (1) Feder has sole power to vote and direct the disposition of 1,197,995 shares of Common Stock and shared power to vote and direct the disposition of 109,000 shares of Common Stock. Feder beneficially owns in the aggregate 1,306,995 shares of Common Stock, representing approximately 7.0% of the Common Stock. (2) Lindsey has sole power to vote and direct the disposition of 1,197,995 shares of Common Stock and shared power to vote and direct the disposition of 109,000 shares of Common Stock. Lindsey beneficially owns in the aggregate 1,306,995 shares of Common Stock, representing approximately 7.0% of the Common Stock. (3) Stolz has sole power to vote and direct the disposition of 403,710 shares of Common Stock, representing approximately 2.2% of the Common Stock. 6 Pursuant to Rule 13d-5(b)(1) of the Exchange Act, the group that may be formed by the Reporting Persons may be deemed to be the beneficial owner of all of the 2,908,700 shares of Common Stock beneficially owned by all of the Reporting Persons, which represents approximately 15.6% of the Common Stock. Each Reporting Person disclaims beneficial ownership of the Common Stock beneficially owned by the other Reporting Persons except for 109,000 shares of Common Stock owned by Feder and Lindsey as joint tenants with rights of survivorship, as to which only Stolz disclaims beneficial ownership. 5(c) (i) Feder
Purchase Number Price/ Date or Sale of Shares Share How Effected - ---- ------- --------- ----- ------------ 6/23/97 Sale 4,005 -- Capital Contribution 7/25/97 Sale 10,000 13-5/8 Open Market Sale 7/25/97 Sale 5,000 13-3/4 Open Market Sale 7/25/97 Sale 250 13-7/8 Open Market Sale 7/28/97 Sale 39,250 14 Open Market Sale
(ii) Lindsey
Purchase Number Price/ Date or Sale of Shares Share How Effected - ---- ------- --------- ----- ------------ 6/23/97 Sale 4,005 -- Capital Contribution 7/25/97 Sale 10,000 13-5/8 Open Market Sale 7/25/97 Sale 5,000 13-3/4 Open Market Sale 7/25/97 Sale 250 13-7/8 Open Market Sale 7/28/97 Sale 39,250 14 Open Market Sale
(iii) Stolz
Purchase Number Price/ Date or Sale of Shares Share How Effected - ---- ------- --------- ----- ------------ 6/23/97 Sale 26,300 13.375 Open Market Sale 6/23/97 Sale 990 -- Capital Contribution
6 7 SIGNATURE --------- After reasonable inquiry and to the best of my knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Dated: September 8, 1997. /s/ Steven L. Feder ------------------------------------- Steven L. Feder /s/ Thomas H. Lindsey ------------------------------------- Thomas H. Lindsey /s/ Peter Stolz ------------------------------------- Peter Stolz -----END PRIVACY-ENHANCED MESSAGE-----