-----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, QSthoFglqZruYfVdpPMoIKF+R6WUMTeoFdm7D5HQMK6ZfaAwyZ4UJC530jWLqJHO AYxLJ/rIPj2l58oUqjY0xA== 0001096906-03-000039.txt : 20030130 0001096906-03-000039.hdr.sgml : 20030130 20030130122413 ACCESSION NUMBER: 0001096906-03-000039 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20030130 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MPHASE TECHNOLOGIES INC CENTRAL INDEX KEY: 0000825322 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-TELEPHONE INTERCONNECT SYSTEMS [7385] IRS NUMBER: 222287503 STATE OF INCORPORATION: NJ FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-56929 FILM NUMBER: 03531367 BUSINESS ADDRESS: STREET 1: 587 CONNECTICUT AVE STREET 2: PO BOX 566 CITY: NORWALK STATE: CT ZIP: 06854 BUSINESS PHONE: 2038312212 MAIL ADDRESS: STREET 1: 587 CONNECTICUT AVE STREET 2: PO BOX 566 CITY: NORWALK STATE: CT ZIP: 06854 FORMER COMPANY: FORMER CONFORMED NAME: TECMA LABORATORIES INC DATE OF NAME CHANGE: 19980915 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ERGUL NECDET F CENTRAL INDEX KEY: 0001159102 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: C/O MPHASE TECHNOLOGIES INC STREET 2: 587 CONNECTICUT AVE CITY: NORWALK STATE: CT ZIP: 06854 BUSINESS PHONE: 2038312261 MAIL ADDRESS: STREET 1: C/O MPHASE TECHNOLOGIES INC STREET 2: 587 CONNECTICUT AVE CITY: NORWALK STATE: CT ZIP: 06854 SC 13D/A 1 mphasesc13da2_ergul.txt SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 -------------- SCHEDULE 13D INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) (Amendment No.2)(1) mPhase Technologies Inc. - -------------------------------------------------------------------------------- (Name of issuer) COMMON STOCK, NO PAR VALUE - -------------------------------------------------------------------------------- (Title of class of securities) 62472C 10 2 - -------------------------------------------------------------------------------- (CUSIP number) Necdet Ergul mPhase Technologies Inc. 587 Connecticut Avenue Norwalk, CT 06854 (203) 838-2741 - -------------------------------------------------------------------------------- (Name, address and telephone number of person authorized to receive notices and communications) November 11, 2002 - -------------------------------------------------------------------------------- (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(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) (Page 1 of 7 Pages) - -------- 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 disclosures provided in a prior cover page. The information required on 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). ________________________________________________________________________________ CUSIP No. 62472C 10 2 13D Page 2 of 7 pages ________________________________________________________________________________ 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) NECDET ERGUL ________________________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [_] ________________________________________________________________________________ 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 ________________________________________________________________________________ 7 SOLE VOTING POWER NUMBER OF 2,266,250 inclusive of options and warrants to purchase 1,216,250 shares of common stock. SHARES _________________________________________________________________ 8 SHARED VOTING POWER BENEFICIALLY 10,086,201 inclusive of warrants to purchase 2,200,000 shares of common stock. OWNED BY _________________________________________________________________ EACH 9 SOLE DISPOSITIVE POWER REPORTING 2,266,250 inclusive of options and warrants to purchase 1,216,250 shares of common stock. PERSON _________________________________________________________________ 10 SHARED DISPOSITIVE POWER WITH 10,086,201 inclusive of warrants to purchase 2,200,000 shares of common stock. ________________________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 12,352,451 ________________________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] ________________________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 18.7% ________________________________________________________________________________ 14 TYPE OF REPORTING PERSON* IN ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! ________________________________________________________________________________ CUSIP No. 62472C 10 2 13D Page 3 of 5 pages ________________________________________________________________________________ The following constitutes the amendment No. 2 to Schedule 13D filed by the undersigned (the "Schedule 13D"). This amendment No. 2 amends the Schedule 13D previously filed by the undersigned. Item 1. Security and Issuer. ------------------- This Statement on Schedule 13-D ("Statement") is filed with respect to the Common Stock, no par value of mPhase Technologies Inc. (the "Issuer"), whose principal executive offices are located at 587 Connecticut Avenue, Norwalk, Connecticut 06854-0566. Such class of securities is hereinafter referred to as "Common Stock." Item 2. Identity and Background. ----------------------- Items 2(a), 2(b), 2(c) This Statement is filed by Necdet Ergul. Mr. Ergul is the Chairman of the Board of the Issuer. The principal place of business for mPhase Technologies Inc. is 587 Connecticut Avenue, Norwalk, Connecticut 06854-0566. Mr. Ergul is also a 48% shareholder and President of Microphase Corporation, a Connecticut corporation. 2(d), 2(e) During the past five years, neither Mr. Ergul has not been (a) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (b) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which such person was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. 2(f) Mr. Ergul is a United States citizen. Item 3. Source and Amount of Funds or Other Consideration. ------------------------------------------------- Microphase Corporation, of which Mr. Ergul is a 48% shareholder and Director, acquired Common Stock of the Issuer and the source of the funds used by Microphase Corporation to make the acquisition was a conversion of an accounts receivable from Issuer to Microphase Corporation into Common Stock. Item 4. Purpose of Transaction. ---------------------- Microphase Corporation acquired the Common Stock in order to reduce its accounts receivable from mPhase Technologies Inc. Microphase Corporation may sell some or all of the Common Stock owned thereby from time to time. Except as set forth above, neither Mr. Ergul nor Microphase Corporation have any current plans or proposals that relate to or would result in any of the matters set forth in subparagraphs (a) - (j) of Item 4 of Schedule 13D. Item 5. Interest in Securities of the Issuer. ------------------------------------ (a) and (b) Mr. Ergul beneficially own an aggregate of 12,352,451 shares of Common Stock.. Mr. Ergul has the sole power and the shared power to vote or direct the vote and to dispose or direct the disposition of those shares directly and beneficially owned thereby. Mr. Ergul beneficially owns directly 2,266,250 shares and indirectly 10,086,201 shares of Common Stock, inclusive of warrants/options, representing in the aggregate 18.7% of the total outstanding shares of the Common Stock. Microphase Corporation, a company of which Mr. Ergul is a 48% shareholder, acquired 500,000 shares of Common Stock on October 11, 2002 at $.16 per share; 2,700,000 shares of Common Stock on November 8, 2002 at $.20 per share and acquired 333,333 shares of Common Stock on November 11, 2002 at $.24 per share. ________________________________________________________________________________ CUSIP No. 62472C 10 2 13D Page 4 of 5 pages ________________________________________________________________________________ 5(c) There were no transactions in shares of Common Stock of the Issuer by Mr. Ergul during the past sixty days. 5(d) No person other than Mr. Ergul is known to have the right to receive, or the power to direct the receipt of dividends from, or proceeds from the sale of, such shares of the Common Stock. Item 5(e) Not applicable. Item 6. Contracts, Arrangements, Understandings or Relationships With ------------------------------------------------------------------ Respect to Securities of the Issuer. ------------------------------------ None Item 7. Materials to be Filed as Exhibits. --------------------------------- None. ________________________________________________________________________________ CUSIP No. 62472C 10 2 13D Page 5 of 5 pages ________________________________________________________________________________ SIGNATURES ---------- After due inquiry and to the best of his knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: January 29, 2003 By: /S/ Necdet Ergul --------------------------- Necdet Ergul -----END PRIVACY-ENHANCED MESSAGE-----