-----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, VAPinQBRAYX1wcmBcwyXjrWsnTPq5pDBVxB2Q20V8nwBOZTgG9xTV5/gMCdwjgjM 0agyUGhz+V3V7OiOa1VzTg== 0000910680-01-000191.txt : 20010314 0000910680-01-000191.hdr.sgml : 20010314 ACCESSION NUMBER: 0000910680-01-000191 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010313 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SILVERSTAR HOLDINGS LTD CENTRAL INDEX KEY: 0001003390 STANDARD INDUSTRIAL CLASSIFICATION: FOOD & KINDRED PRODUCTS [2000] IRS NUMBER: 000000000 STATE OF INCORPORATION: B0 FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-50469 FILM NUMBER: 1567391 BUSINESS ADDRESS: STREET 1: 6100 GLADES ROAD SUITE 305 CITY: BOCA RATON STATE: FL ZIP: 33434 BUSINESS PHONE: 5614790040 MAIL ADDRESS: STREET 1: 2665 S BAYSHORE DR 405 CITY: COCONUT GROVE STATE: FL ZIP: 33133 FORMER COMPANY: FORMER CONFORMED NAME: LEISUREPLANET HOLDINGS LTD DATE OF NAME CHANGE: 20000128 FORMER COMPANY: FORMER CONFORMED NAME: FIRST SOUTH AFRICA CORP LTD DATE OF NAME CHANGE: 19951114 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KABATZNIK CLIVE CENTRAL INDEX KEY: 0001033830 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 10241 SW 136 STREET CITY: MIAMI STATE: FL ZIP: 33171 SC 13G/A 1 0001.txt AMENDMENT NO. 3 TO SCHEDULE 13G SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 3)* Silverstar Holdings, Ltd. ---------------------------- (Name of Issuer) Common Stock, par value $.01 per share -------------------------------------- (Title of Class of Securities) G81365101 ---------- (CUSIP Number) 12/31/00 ------------------------------------------------------ (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) *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. CUSIP No. G81365101 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Clive Kabatznik - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ] (b) [ X ] - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization U.S.A. - -------------------------------------------------------------------------------- 5. Sole Voting Power 815,000 Number of ---------------------------------------------------------- Shares Bene- ficially Owned 6. Shared Voting Power N/A By Each ---------------------------------------------------------- Reportin Person With 7. Sole Dispositive Power 815,000 ---------------------------------------------------------- 8. Shared Dispositive Power N/A - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 815,000 - -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] N/A - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 12.1% - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- -2- CUSIP No. G81365101 - -------------------------------------------------------------------------------- ITEM 1. (a) Name of Issuer Leisureplanet Holdings, Ltd. (b) Address of Issuer's Principal Executive Offices Clarendon House, Church Street, Hamilton HM CX, Bermuda ITEM 2. (a) Name of Person Filing Clive Kabatznik (b) Address of Principal Business Office or, if none, Residence 6100 Glades Road, Suite 305, Boca Raton, Florida 33434 (c) Citizenship U.S.A. (d) Title of Class of Securities Common Stock, par value $.01 share (e) CUSIP Number G81365101 ITEM 4. OWNERSHIP. As of December 31, 2000: (a) Amount beneficially owned:815,000 . --------- Includes 190,000 shares of Class B Common Stock, par value $.01 per share (the "Class B Common Stock") held by Mr. Kabatznik and 625,000 shares of Common Stock, par value $.01 per share (the "Common Stock"), issuable upon exercise of options that are immediately exercisable at an exercise price of (i) $5.00 per share with respect to 188,334 options, (ii) $3.75 per share with respect to 5,000 options, (iii) $4.75 per share with respect to 250,000 options, (iv) $6.00 per share with respect to 5,000 options, (v) $2.19 with respect to 5,000 options, (vi) $4.06 with respect to 166,666 options, and (vii) $5.125 with respect to 5,000 options. Does not include 100,000 shares of Common Stock issuable upon exercise of options not exercisable within 60 days. Each share of Class B Common Stock has five votes per share, each share of Common Stock has one vote per share.
(b) Percent of class: 12.1% ---------------- (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote 815,000 . --------- (ii) Shared power to vote or to direct the vote N/A . ---------- (iii) Sole power to dispose or to direct the disposition of 815,000 . ------------------------- -3- CUSIP No. G81365101 - -------------------------------------------------------------------------------- (iv) Shared power to dispose or to direct the disposition of N/A . --------------
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: February __, 2001 /s/ Clive Kabatznik --------------------------- Name: Clive Kabatznik -----END PRIVACY-ENHANCED MESSAGE-----