-----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, MRhED6ORybPcxdcxLYki7aagf3kpbtEY4cPXlJI+qCx0AdJ2KhsMhwwWaiDkax3C /3+l8+qr7t+QRib93a+Qzg== 0001055715-02-000003.txt : 20020414 0001055715-02-000003.hdr.sgml : 20020414 ACCESSION NUMBER: 0001055715-02-000003 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20020204 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: COVALENT GROUP INC CENTRAL INDEX KEY: 0000856569 STANDARD INDUSTRIAL CLASSIFICATION: LABORATORY ANALYTICAL INSTRUMENTS [3826] IRS NUMBER: 561668867 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-54209 FILM NUMBER: 02525565 BUSINESS ADDRESS: STREET 1: ONE GLENHARDIE CORPORATE CENTER STREET 2: 1275 DRUMMERS LANE STE 100 CITY: WAYNE STATE: PA ZIP: 19087 BUSINESS PHONE: 6109759533 MAIL ADDRESS: STREET 1: ONE GLENHARDIE CORPORATE CENTER STREET 2: 1275 DRUMMERS LANE, SUITE 100 CITY: WAYNE STATE: PA ZIP: 19087 FORMER COMPANY: FORMER CONFORMED NAME: FUTURE MEDICAL TECHNOLOGIES INTERNATIONAL INC DATE OF NAME CHANGE: 19950801 FORMER COMPANY: FORMER CONFORMED NAME: WEST END VENTURES INC DATE OF NAME CHANGE: 19900601 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: TOWNSEND GROUP INVESTMENTS CENTRAL INDEX KEY: 0001055715 IRS NUMBER: 953180628 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 22601 PACIFIC COAST HIGHWAY STREET 2: SUITE 200 CITY: MALIBU STATE: CA ZIP: 90265 BUSINESS PHONE: 3104561645 MAIL ADDRESS: STREET 1: 22601 PACIFIC COAST HWY STREET 2: SUITE 200 CITY: MALIBU STATE: CA ZIP: 90265 SC 13G 1 cvgr13g.txt COVALENT GROUP 13G OMB APPROVAL OMB Number: 3235-0145 Expires: October 31, 2002 Estimated average burden hours per response. . . 14.9 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. )* Covalent Group Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 222815102 (CUSIP Number) 12/27/2001 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [_X_]Rule 13d-1(b) [___]Rule 13d-1(c) [___]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. 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). CUSIP No.222815102 1.Names of Reporting Persons: Townsend Group Investments I.R.S. Identification Nos. of above persons: 95-3180628 2.Check the Appropriate Box if a Member of a Group (a) [_] (b) [X] 3. SEC Use Only 4. Citizenship or Place of Organization: United States Number of 5.Sole Voting Power: 64,000 Shares Beneficially 6.Shared Voting Power: 582,480 Owned by Each Reporting 7.Sole Dispositive Power: 64,000 Person With 8.Shared Dispositive Power: 582,480 9.Aggregate Amount Beneficially Owned by Each Reporting Person: 646.480 10.Check if the Aggregate Amount in Row (9) Excludes Certain Shares [_] 11.Percent of Class Represented by Amount in Row (9): 5.2% 12.Type of Reporting Person: IA Item 1. (a) Name of Issuer: Covalent Group Inc. (b) Address of Principal Executive Offices of Issuer: One Glenhardie Corporate Ctr. Wayne PA 19087 Item 2. (a) Name of Person Filing: Townsend Group Investments, Inc. (b) Address of Principal Business Office: 22601 Pacific Coast Hwy. Suite 200 Malibu CA 90265 (c) Citizenship: United States (d) Title of Class of Securities: Common Stock (e) CUSIP Number: 222815102 Item 3.If this statement is filed pursuant to Sections 240.13d-1(b) or 240.13d- 2(b) or(c), check whether the person filing is a: (a)[___]Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b)[___]Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c)[___]Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d)[___]Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8). (e)[_X_]An investment adviser in accordance with Section 240.13d-1(b)(1)(ii)(E); (f)[___]An employee benefit plan or endowment fund in accordance with Section 240.13d-1(b)(1)(ii)(F); (g)[___]A parent holding company or control person in accordance with Section 240.13d-1(b)(1)(ii)(G); (h)[___]A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i)[___]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)[___]Group, in accordance with Section 240.13d-1(b)(1)(ii)(J). Item 4.Ownership. (a)Amount beneficially owned: 646,480 (b)Percent of class: 5.2% (c)Number of shares as to which the person has: (i)Sole power to vote or to direct the vote: 64,000 (ii)Shared power to vote or to direct the vote: 582,480 (iii)Sole power to dispose or to direct the disposition of: 64,000 (iv)Shared power to dispose or to direct the disposition of: 582,480 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 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 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. 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: February 1, 2002 TOWNSEND GROUP INVESTMENTS, INC. By: T. Brook Townsend, III - ------------------------- T. Brook Townsend, III President -----END PRIVACY-ENHANCED MESSAGE-----