-----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, Md9eKU4GLxJ/ojmrbCFHLUG3TVGc8uNJU81qzl3xbv/gDYqNBqX2/hPZ9z3Wo9Ju Egl3y96T0PNOzvFup2zEtg== 0000950144-99-005192.txt : 19990503 0000950144-99-005192.hdr.sgml : 19990503 ACCESSION NUMBER: 0000950144-99-005192 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 19990430 GROUP MEMBERS: CHARLES EWERT GROUP MEMBERS: GLOBAL CREDIT CORP LTD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: A CONSULTING TEAM INC CENTRAL INDEX KEY: 0001040792 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISCELLANEOUS BUSINESS SERVICES [7380] IRS NUMBER: 133169913 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-53441 FILM NUMBER: 99607993 BUSINESS ADDRESS: STREET 1: 200 PARK AVE S STREET 2: SUITE 901 CITY: NEW YORK STATE: NY ZIP: 10003 BUSINESS PHONE: 2129798228 MAIL ADDRESS: STREET 1: 200 PARK AVENUE SOUTH STREET 2: SUITE 901 CITY: NEW YORK STATE: NY ZIP: 10003 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GLOBAL CREDIT CORP LTD CENTRAL INDEX KEY: 0001085460 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 000000000 STATE OF INCORPORATION: L2 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 3 CHRISTCHURCH SQUARE STREET 2: DUBLIN 8, IRELAND MAIL ADDRESS: STREET 1: 3 CHRISTCHURCH SQUARE STREET 2: DUBLIN 8, IRELAND SC 13G 1 THE A CONSULTING TEAM / GLOBAL CREDIT CORP 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G (Rule 13d - 102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b) AND (c) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(b) (Amendment No. )(1) --- THE A CONSULTING TEAM, INC. - -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK - -------------------------------------------------------------------------------- (Title of Class of Securities) 000881-10-2 -------------- (CUSIP Number) APRIL 6, 1999 - -------------------------------------------------------------------------------- (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) [x] Rule 13d-1(c) [ ] Rule 13d-1(d) (1) 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 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). 2 - ------------------------- ------------------------- CUSIP No. 000881-10-2 Page 2 OF 6 Pages - ------------------------- ------------------------- ================================================================================ 1 NAME OF REPORTING PERSON Global Credit Corp. (Overseas) Ltd. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON N/A - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Ireland - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES -0- BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH --------------------------------------------------- 6 SHARED VOTING POWER 657,300 --------------------------------------------------- 7 SOLE DISPOSITIVE POWER -0- --------------------------------------------------- 8 SHARED DISPOSITIVE POWER 657,300 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 657,300 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 12.0% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON CO ================================================================================ 3 - ------------------------- ------------------------- CUSIP No. 000881-10-2 Page 3 OF 6 Pages - ------------------------- ------------------------- ================================================================================ 1 NAME OF REPORTING PERSON Charles Ewert S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON N/A - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Luxembourg - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES -0- BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH --------------------------------------------------- 6 SHARED VOTING POWER 657,300 --------------------------------------------------- 7 SOLE DISPOSITIVE POWER -0- --------------------------------------------------- 8 SHARED DISPOSITIVE POWER 657,300 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 657,300 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 12.0% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON IN ================================================================================ 4 - ------------------------- ------------------------- CUSIP No. 000881-10-2 Page 4 of 6 Pages - ------------------------- ------------------------- ITEM 1(A). NAME OF ISSUER: The A Consulting Team, Inc. ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 200 Park Avenue South New York, New York 10003 ITEM 2(A). NAME OF PERSON FILING: Global Credit Corp. (Overseas) Ltd. ("Global Credit") Mr. Charles Ewert ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: Global Credit Corp. (Overseas) Ltd. 3 Christchurch Square Dublin 8, Ireland Mr. Charles Ewert Residence des Princes 9B Bd. Du Prince Henri L-1724 Luxembourg ITEM 2(C). CITIZENSHIP: Global Credit - Ireland Mr. Ewert - Luxembourg ITEM 2(D). TITLE OF CLASS OF SECURITIES: Common Stock, $ .01 par value per share ITEM 2(E). CUSIP NUMBER: 000881-10-2 ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR 13D-2(B), CHECK WHETHER THE PERSON FILING IS A: Not applicable ITEM 4. OWNERSHIP: Global Credit: (a) Amount beneficially owned: 657,300 shares (b) Percent of class: 12.0% (c) Number of shares as to which such person has (i) sole power to vote or direct the vote: -0- (ii) shared power to vote or direct the vote: 657,300 shares 5 - ------------------------- ------------------------- CUSIP No. 000881-10-2 Page 5 of 6 Pages - ------------------------- ------------------------- (iii) sole power to dispose or to direct the disposition of: -0- (iv) shared power to dispose or direct the disposition of: 657,300 shares Mr. Ewert: (a) Amount beneficially owned: 657,300 shares (b) Percent of class: 12.0% (c) Number of shares as to which such person has (i) sole power to vote or direct the vote: -0- (ii) shared power to vote or direct the vote: 657,300 shares (iii) sole power to dispose or to direct the disposition of: -0- (iv) shared power to dispose or direct the disposition of: 657,300 shares Mr. Charles Ewert, by virtue of his direct and indirect ownership of the excess of 50% of the capital stock of Global Credit, may be deemed the beneficial owner of the shares of Common Stock of the Issuer held by Global Credit. The filing of this Schedule 13G by Mr. Ewert shall not be construed as an admission that he is, for purposes of Section 13(d) or 13(g) of the Securities Exchange Act of 1934, the beneficial owner of the shares covered by this Schedule 13G. ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS: Not Applicable ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON: Not applicable ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY: Not applicable ITEM 8. IDENTIFICATION AND CLASSIFICATION OF THE MEMBERS OF THE GROUP: Not applicable ITEM 9. NOTICE OF DISSOLUTION OF GROUP: Not applicable ITEM 10. CERTIFICATION: 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. 6 - ------------------------- ------------------------- CUSIP No. 000881-10-2 Page 6 of 6 Pages - ------------------------- ------------------------- 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: April 30, 1999 GLOBAL CREDIT CORP. (OVERSEAS) LTD. By: /s/ Charles Ewert -------------------------------------------- Name: Charles Ewert Title: Authorized Representative CHARLES EWERT /s/ Charles Ewert -------------------------------------------- EX-99.1 2 POWER OF ATTORNEY 1 EXHIBIT 1 POWER OF ATTORNEY BY THIS POWER OF ATTORNEY given on the 8th day of December 1998, GLOBAL CREDIT CORPORATION (OVERSEAS) LIMITED, a company incorporated in Ireland (Number 266363), under the Companies Acts 1963 to 1990 with registered office at 3 Christchurch Square, Dublin 8, Ireland (hereinafter called "the Company") HEREBY APPOINTS: CHARLES EWERT to be our attorney and in our name and on our behalf to do execute all or any of the acts and things hereinafter mentioned that is to say: 1. To transact, manage, carry on and do all and every business matter and thing requisite and necessary or in any manner connected with or having reference to the business affairs of the Company throughout the world and for such purposes to enter into correspondence requisite to such business and affairs as necessary. 2. To do, make, sign and execute for an on behalf of and in the name of the Company such acts, things, declarations, documents and deeds as the Company itself could make, sign and execute and to bind the Company thereby. 3. To open, operate and manage bank accounts in the name of the Company at any Bank throughout the world in connection with the Company's business affairs. 4. To make application or appear before any Governmental or Legal authorities anywhere throughout the world in connection with the Company's business affairs. 5. To administer any business carried on by the Company throughout the world including the collection of all monies due whatsoever and wheresoever. 6. For the better and more effectual execution of the powers and authorities aforesaid or any of them, to retain and employ advocates or lawyers to advise, act or represent the Company. 7. To execute documents under the Seal of the Company, an impression of which is affixed in the margin hereof. AND IT IS HEREBY DECLARED THAT the Company hereby authorises and empowers the Attorneys to acknowledge in the name and as the act and deed of the Company to register and record this Power of Attorney in any proper office and/or registry anywhere throughout the world and to procure to be done any and every other act or thing whatsoever which may be in any way requisite or proper for authenticating and giving full effect to the Power of Attorney according to the laws and usages of any country as fully and effectually as could the Company. 2 THIS POWER OF ATTORNEY shall continue for a period of one year from the date hereof and shall be revocable in writing by the directors. IN WITNESS WHEREOF the Company has caused its Common Seal to be hereunto affixed by its duly Authorised Officers the day and year first before written. The Common Seal of ) GLOBAL CREDIT CORPORATION ) (OVERSEAS) LIMITED ) was hereunto affixed ) in the presence of: ) /s/ Brian Buckley /s/ John Hanafin - ----------------- ---------------- BRIAN BUCKLEY JOHN HANAFIN Director Director EX-99.2 3 JOINT FILING AGREEMENT 1 EXHIBIT 2 JOINT FILING AGREEMENT Global Credit Corp. (Overseas) Ltd. and Mr. Charles Ewert hereby agree that the Schedule 13G to which this Agreement is attached, relating to the Common Stock of The A Consulting Team, Inc., is filed on behalf of each of them. Global Credit Corp. (Overseas) Ltd. By: /s/ Charles Ewert -------------------------------- Charles Ewert Authorized Representative Dated: April 30, 1999 /s/ Charles Ewert -------------------------------------- Charles Ewert Dated: April 30, 1999 -----END PRIVACY-ENHANCED MESSAGE-----