-----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, EeXgiWUOtCB981BhCok1rQLOdfEy+dN470FA+VYNQ7GceRN63cgRkTLIvO0DfNlD 8kGNJ70mmhuF6kGKzx+CrQ== 0000912057-02-015978.txt : 20020422 0000912057-02-015978.hdr.sgml : 20020422 ACCESSION NUMBER: 0000912057-02-015978 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20020422 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FRONT PORCH DIGITAL INC CENTRAL INDEX KEY: 0001025707 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 860793960 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-78214 FILM NUMBER: 02617296 BUSINESS ADDRESS: STREET 1: 1810 CHAPEL AVE W STREET 2: SUITE 130 CITY: CHERRY HILL STATE: NJ ZIP: 08002 BUSINESS PHONE: 8566333500 MAIL ADDRESS: STREET 1: 1810 CHAPEL AVE W STREET 2: SUITE 130 CITY: CHERRY HILL STATE: NJ ZIP: 08002 FORMER COMPANY: FORMER CONFORMED NAME: LITIGATION ECONOMICS INC DATE OF NAME CHANGE: 19961022 FORMER COMPANY: FORMER CONFORMED NAME: EMPIRE COMMUNICATIONS CORP DATE OF NAME CHANGE: 19980327 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: RICE MARK A CENTRAL INDEX KEY: 0001113302 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 666 DUNDEE ROAD SUITE 1901 CITY: NORTHBROOK STATE: IL ZIP: 60062 BUSINESS PHONE: 8475092290 MAIL ADDRESS: STREET 1: 666 DUNDEE ROAD SUITE 1901 CITY: NORTHBROOK STATE: IL ZIP: 60062 SC 13G 1 a2077502zsc13g.htm SCHEDULE 13G
SCHEDULE 13G

 
Amendment Number            *


FRONT PORCH DIGITAL INC.
Name of Issuer

COMMON
Title of Class of Securities

 
 
359014107
 
 
   
CUSIP Number		    

4/12/02
Date of Event which Requires Filing of this Statement

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

        o      Rule 13d-1(b)

        ý      Rule 13d-1(c)

        o      Rule 13d-1(d)

             
(1)   Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only).

 
 
Mark A. Rice / RICE OPPORTUNITY FUND, LLC
(2)   Check the Appropriate Box if a Member   (a)   o
    of a Group (See Instructions)   (b)   o

 
 
 
 
 
 
 
(3)   SEC Use Only

 
 
 
 
 
 
 
(4)   Citizenship or Place of Organization

 
 
 
 
 
 
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With   (5)   Sole Voting Power

 
 
 
 
 
 
2,767,000 (if convertible note is
converted into common stock)
       
        (6)   Shared Voting Power

 
 
 
 
 
 
 
       
        (7)   Sole Dispositive Power

 
 
 
 
 
 
 
       
        (8)   Shared Dispositive Power

 
 
 
 
 
 
 
(9)   Aggregate Amount Beneficially Owned by Each Reporting Person

 
 
2,767,000
 
 
 
 
(10)   Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 
 
 
 
 
 
 
(11)   Percent of Class Represented by Amount in Row (9)

 
 
9.5%
 
 
 
 
(12)   Type of Reporting Person (See Instructions)

 
 
OO
 
 
 
 

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Item 1.

(a)   Name of Issuer

 
 
FRONT PORCH DIGITAL INC.
(b)   Address of Issuer's Principal Executive Offices

 
 
20000 HORIZON WAY, SUITE 120, MOUNT LAUREL, NEW JERSEY

Item 2.

(a)   Name of Person Filing

 
 
Mark A. Rice / RICE OPPORTUNITY FUND, LLC
(b)   Address of Principal Business Office or, if none, Residence

 
 
666 DUNDEE ROAD, SUITE 1901, NORTHBROOK, IL 60062
(c)   Citizenship

 
 
DELAWARE
(d)   Title of Class of Securities

 
 
COMMON STOCK, PAR VALUE $.001 PER SHARE
(e)   CUSIP Number

 
 
359014107
ITEM 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

 
 
ý
 
Not applicable

(a)
 
o
 
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b)
 
o
 
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c)
 
o
 
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d)
 
o
 
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8).

(e)
 
o
 
An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

(f)
 
o
 
An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

(g)
 
o
 
A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);

(h)
 
o
 
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i)
 
o
 
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j)
 
o
 
Group, in accordance with §240.13d-1(b)(1)(ii)(J).

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Item 4.    Ownership:

        Mark A. Rice is the Managing Member of Minamax, LLC. Minamax, LLC is the Managing Member of Rice Opportunity Fund, LLC. Rice Opportunity Fund, LLC beneficially owns 2,767,000 common stock shares of Front Porch Digital, Inc. which represents 9.5% of aggregate outstanding shares of the class. Of the 2,767,000 common stock shares, Rice Opportunity Fund, LLC owns 247,000 shares. Additionally, Rice Opportunity Fund LLC owns convertible notes in the principal amount of $300,000. These notes convert into 2,520,000 shares of common stock. Mark A. Rice has sole power to vote or direct the vote of the entire holding and has sole power to dispose of or direct the disposal of the entire shareholding.

        Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

    (a)
    Amount beneficially owned: 2,767,000 (IF CONVERTIBLE DEBT IS CONVERTED)

    (b)
    Percent of class: 9.5 % (UPON CONVERSION OF NOTE)

    (c)
    Number of shares as to which the person has:

    (i)
    Sole power to vote or to direct the vote 2,767,000 (UPON CONVERSION OF NOTE).

    (ii)
    Shared power to vote or to direct the vote                  .

    (iii)
    Sole power to dispose or to direct the disposition of                  .

    (iv)
    Shared power to dispose or to direct the disposition of                  .

        Instruction.    For computations regarding securities which represent a right to acquire an underlying security see §240.13d3(d)(1).

Item 5.    Ownership of Five Percent or Less of a Class

        If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following                  .

        Instruction:    Dissolution of a group requires a response to this item.

Item 6.    Ownership of More than Five Percent on Behalf of Another Person.

        If any 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, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than five percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.

Item 7.    Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company

        If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.

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Item 8.    Identification and Classification of Members of the Group

        If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.

Item 9.    Notice of Dissolution of Group

        Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5.

Item 10.    Certification

    (a)
    The following certification shall be included if the statement is filed pursuant to §240.13d-1(b):

    ý
    By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

    (b)
    The following certification shall be included if the statement is filed pursuant to §240.13d-1(c):

    ý
    By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

    o
    Not applicable

Date:    

Signature:
 
 

Name/Title:
 
MARK RICE, MANAGER
MINAMAX, LLC
THE MANAGEING MEMBER

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