-----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, H/dIpbg3X5Uk93HIgtGR7zyVz4Ha2PgWbmsHnFzXdzK47ayME4UOsvQ83zBy0XsG VF5WJSGuB0winiPTVLIzAA== 0000905148-02-002524.txt : 20021015 0000905148-02-002524.hdr.sgml : 20021014 20021015111436 ACCESSION NUMBER: 0000905148-02-002524 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20021015 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: STENGEL MARC CENTRAL INDEX KEY: 0001081229 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: C/O SECURITIES RESOLUTION ADVISORS INC STREET 2: 4 BRUSSELS STREET CITY: WORCESTER STATE: MA ZIP: 01610 BUSINESS PHONE: 5087530945 MAIL ADDRESS: STREET 1: C/O SECURITIES RESOLUTION ADVISORS INC STREET 2: 4 BRUSSELS STREET CITY: WORCESTER STATE: MA ZIP: 01610 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SALES ONLINE DIRECT INC CENTRAL INDEX KEY: 0001017655 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 731479833 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-51413 FILM NUMBER: 02788547 BUSINESS ADDRESS: STREET 1: 4 BRUSSELS STREET STREET 2: SUITE 220 CITY: WORCESTER STATE: MA ZIP: 01610 BUSINESS PHONE: 5166254040 MAIL ADDRESS: STREET 1: 7633 EAST 63RD PL STREET 2: SUITE 220 CITY: TULSA STATE: OK ZIP: 74133 FORMER COMPANY: FORMER CONFORMED NAME: ROSE INTERNATIONAL LTD DATE OF NAME CHANGE: 19960627 FORMER COMPANY: FORMER CONFORMED NAME: SECURITIES RESOLUTION ADVISORS INC DATE OF NAME CHANGE: 19980814 SC 13D/A 1 efc2-1053_formsc13da.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(a) (Amendment No.10)* Sales Online Direct, Inc. - ------------------------------------------------------------------------------ (Name of Issuer) Common Stock of the Par Value of $0.001 Per Share - ------------------------------------------------------------------------------ (Title of Class of Securities) 794661108 - ------------------------------------------------------------------------------ (CUSIP Number) Frank R. Goldstein, Sidley Austin Brown & Wood LLP, 1501 K Street, NW, Washington, D.C. 20005; (202) 736-8000 - ------------------------------------------------------------------------------ (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) October 9, 2002 - ------------------------------------------------------------------------------ (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13D 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 |_|. Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent. (Continued on following pages) - ------------- *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). SCHEDULE 13D - ------------------------------ CUSIP No. 794661108 - ------------------------------ - ------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Marc L. Stengel - ------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) X(1) - ------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------ 4 SOURCE OF FUNDS* OO - ------------------------------------------------------------------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |_| - ------------------------------------------------------------------------------ 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America - ------------------------------------------------------------------------------ NUMBER OF 7 SOLE VOTING POWER SHARES 5,918,719 ----------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY -0- ----------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 5,918,719 ----------------------------------------------------------- PERSON 10 SHARED DISPOSITIVE POWER WITH -0- - ------------------------------------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,918,719 - ------------------------------------------------------------------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - ------------------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.92%(2) - ------------------------------------------------------------------------------ - ------------------------- 1 Footnote 1 to Item 2 of the Cover Page of Stengel's Schedule 13D, filed on May 31, 2001 with the Securities and Exchange Commission ("SEC"), is incorporated by reference herein. The Maryland case was settled among all the parties thereto pursuant to a Settlement Agreement dated October 23, 2001. 2 Assumes 120,157,447 shares of common stock of the Company are outstanding, as reported by the Company in the Company's Form 10-QSB filed with the SEC for the Company's fiscal quarter ended June 30, 2002. - ------------------------------------------------------------------------------ 14 TYPE OF REPORTING PERSON* IN - ------------------------------------------------------------------------------ *SEE INSTRUCTION BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION Schedule 13D Item 1. Security and Issuer This statement on Schedule 13D relates to the shares of common stock, par value of $0.001 per share (the "Common Stock"), of Sales Online Direct, Inc., a Delaware corporation (the "Company"). The address of the Company's principal executive offices is 4 Brussels Street, Suite 220, Worcester, Massachusetts 01610, as reported by the Company in the Company's Form 10-QSB filed with the Securities and Exchange Commission (the "SEC") for the Company's fiscal quarter ended June 30, 2002. Item 5. Interest in Securities of the Issuer (a) As of the close of business on October 9, 2002, Stengel beneficially owned 5,918,719 shares of the Common Stock of the Company, that represented as of the close of business on October 9, 2002, 4.92% of the issued and outstanding Common Stock of the Company, based on the 120,157,447 shares of Common Stock outstanding, as reported by the Company in the Company's Form 10-QSB filed with the SEC for the Company's fiscal quarter ended June 30, 2002. (b) Stengel has sole power to vote and sole power to dispose of all shares of Common Stock of the Company beneficially owned by Stengel. (c) A description of all transactions in the Common Stock of the Company that were effected by Stengel since the most recent filing on Schedule 13D is set forth on Schedule A attached hereto and incorporated by reference herein. (d) No other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, Stengel's shares of Common Stock of the Company. (e) Stengel ceased to be the beneficial owner of more than five percent of the outstanding shares of the Company's Common Stock on or about October 9, 2002. 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: October 15, 2002 By: /s/ Marc L. Stengel ---------------------- Marc L. Stengel SCHEDULE A Schedule of Transactions in the Shares No. of Price Per Name Date Shares Sold Share(1) - ------------------------------------------------------------------------------ Common Stock, Par Value $0.001 Per Share March 18, 2002 10,000 0.48 10,000 0.50 March 19, 2002 2,500 0.57 10,000 0.555 11,050 0.55 10,000 0.53 8,000 0.51 10,000 0.50 March 20, 2002 350 0.55 1,000 0.52 21,000 0.45 March 21, 2002 10,000 0.52 3,500 0.51 10,000 0.50 10,000 0.49 March 22, 2002 3,000 0.48 10,000 0.47 March 25, 2002 10,000 .41 March 26, 2002 10,000 0.295 6,000 0.30 1,000 0.335 1,000 0.38 March 27, 2002 5,000 0.245 3,000 0.246 10,000 0.255 5,000 0.26 March 28, 2002 5,000 0.24 5,000 0.235 No. of Price Per Name Date Shares Sold Share(1) - ------------------------------------------------------------------------------ 5,000 0.23 5,000 0.215 5,000 0.19 10,000 0.205 April 1, 2002 10,000 .28 10,000 0.27 April 2, 2002 10,000 0.28 10,000 0.27 April 3, 2002 10,000 0.25 April 4, 2002 10,000 0.175 April 5, 2002 10,000 0.1825 April 9, 2002 5,000 0.18 April 10, 2002 5,000 0.165 April 11, 2002 10,000 0.165 April 12, 2002 10,000 0.15 April 15, 2002 5,000 0.17 April 16, 2002 4,500 0.175 April 17, 2002 1,000 0.185 5,000 0.18 5,000 0.17 April 18, 2002 5,000 0.195 5,000 0.185 April 19, 2002 5,000 0.165 April 22, 2002 5,000 0.1675 April 23, 2002 2,500 0.175 April 24, 2002 5,000 0.1825 April 25, 2002 5,000 0.175 April 26, 2002 10,000 0.17 5,000 0.165 April 29, 2002 5,000 0.165 April 30, 2002 15,000 0.17 May 1, 2002 5,000 0.23 10,000 0.17 May 2, 2002 5,000 0.26 10,000 0.235 No. of Price Per Name Date Shares Sold Share(1) - ------------------------------------------------------------------------------ May 3, 2002 5,000 0.23 5,000 0.20 5,000 0.19 5,000 0.18 May 6, 2002 5,000 0.18 May 7, 2002 5,000 0.19 15,000 0.18 May 8, 2002 10,000 0.20 10,000 0.195 5,000 0.17 May 9, 2002 10,000 0.18 May 20, 2002 5,000 0.155 May 24, 2002 10,000 0.14 5,000 0.136 May 31, 2002 20,000 0.125 June 3, 2002 10,000 0.09 10,000 .085 June 5, 2002 5,000 0.12 10,000 0.115 10,000 0.105 5,000 0.088 June 6, 2002 10,000 0.10 June 7, 2002 10,000 0.10 June 10, 2002 10,000 0.098 June 11, 2002 10,000 0.096 June 12, 2002 6,000 0.096 June 13, 2002 7,000 0.09 June 14, 2002 10,000 0.085 June 18, 2002 10,000 0.085 June 19, 2002 5,000 0.086 June 21, 2002 5,000 0.086 June 24, 2002 5,000 0.078 5,000 0.08 June 26, 2002 5,000 0.08 June 27, 2002 5,000 0.08 No. of Price Per Name Date Shares Sold Share(1) - ------------------------------------------------------------------------------ June 28, 2002 5,000 0.085 July 16, 2002 10,000 0.073 July 18, 2002 10,000 0.075 July 22, 2002 10,000 0.073 July 29, 2002 5,000 0.077 10,000 0.075 July 30, 2002 3,000 0.075 July 31, 2002 5,000 0.077 1,000 0.076 2,000 0.074 August 1, 2002 10,000 0.08 August 2, 2002 3,500 0.1275 1,000 0.12 5,000 0.105 August 5, 2002 1,000 0.115 1,000 0.11 10,000 0.105 August 6, 2002 6,000 0.105 August 7, 2002 10,000 0.10 August 22, 2002 1,000 0.10 5,000 0.095 August 26, 2002 10,000 0.093 5,000 0.091 5,000 0.09 September 16, 2002 2,000 0.06 October 9, 2002 1,000 0.052 854,900 (Total) - ----------------------------------------------- 1 Does not include brokerage commission. -----END PRIVACY-ENHANCED MESSAGE-----