-----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, QhVE1coRiNt9o1xREr5VgdZ8tzHd8K8vXYJGxBjZvyH2B+10rnjgOyiE7+73obyf VlhnTQ66EgAYpTZR80XH2g== 0001144204-03-007998.txt : 20031201 0001144204-03-007998.hdr.sgml : 20031201 20031201102042 ACCESSION NUMBER: 0001144204-03-007998 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20031201 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HONIG JONATHAN CENTRAL INDEX KEY: 0001266155 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 6400 CONGRESS AVE. CITY: BOCA RATON STATE: FL ZIP: 33487 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SEALANT SOLUTIONS INC CENTRAL INDEX KEY: 0000894049 STANDARD INDUSTRIAL CLASSIFICATION: PATENT OWNERS & LESSORS [6794] IRS NUMBER: 650952186 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-78938 FILM NUMBER: 031029007 BUSINESS ADDRESS: STREET 1: P.O. BOX 500 STREET 2: SUITE CITY: EAST TAUNTON STATE: MA ZIP: 02718 BUSINESS PHONE: 5088806969 MAIL ADDRESS: STREET 1: P.O. BOX 500 STREET 2: SUITE CITY: EAST TAUNTON STATE: MA ZIP: 02718 FORMER COMPANY: FORMER CONFORMED NAME: WINNERS EDGE COM INC DATE OF NAME CHANGE: 20000309 FORMER COMPANY: FORMER CONFORMED NAME: UC NWIN SYSTEMS CORP /DE/ DATE OF NAME CHANGE: 19960604 FORMER COMPANY: FORMER CONFORMED NAME: UC NWIN SYSTEMS LTD /CAN/ DATE OF NAME CHANGE: 19940616 SC 13D 1 formsc13d.txt SECURITIES AND EXCHANGE COMMISSION SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 POWERCHANNEL HOLDINGS, INC. COMMON STOCK 73933E 10 8 (CUSIP NUMBER) 4400 ROUTE 9, 2ND FLO0R FREEHOLD, NJ 07728 (732) 409-1212 November 18, 2003 --------------------------------------------- (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), (f) or (g), check the following box / /. (1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above Persons (entities only): JONATHAN HONIG (2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) (3) SEC Use Only (4) Source of Funds (See Instructions): PF (5) Check 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 Shares Beneficially Owned by Each Reporting Person With (7) Sole Voting Power: 949,672 (8) Shared Voting Power: 0 (9) Sole Dispositive Power: 949,672 (10) Shared Dispositive Power: 0 (11) Aggregate Amount Beneficially Owned by Each Reporting Person: 949,672 (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (13) Percent of Class Represented by Amount in Row (11): 6.4% (14) Type of Reporting Person: IN ITEM 1. SECURITY AND ISSUER. Powerchannel Holdings, Inc. Common Stock, par value $0.01 16 North Main Street, Suite 395 New City, NY 10956 ITEM 2. IDENTITY AND BACKGROUND. (a) Name: Jonathan Honig (b) Address: 6222 NW 43rd Terrace Boca Raton, FL 33496 (c) Stock Trader (d) None. (e) None. (f) Citizenship. United States ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. The Reporting Person, Jonathan Honig, acquired 949,672 shares of the Issuer from the Company pursuant to an exemption from registration at Section 4(2) of the Securities Act of 1933. ITEM 4. PURPOSE OF TRANSACTION. 449,672 shares were issued to the Reporting Person in consideration of the merger between Powerchannel Holdings, Inc. and Sealant Solutions, Inc. The additional 500,000 shares were received as a gift from a shareholder of the Company. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. 449,672 shares were issued to the Reporting Person in consideration of the merger between Powerchannel Holdings, Inc. and Sealant Solutions, Inc. The additional 500,000 shares were received as a gift from a shareholder of the Company. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. Other than as described in this Schedule 13D, the Reporting Person has no contracts, arrangements, understandings or relationships with any other person with respect to any securities of the Issuer. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. See Exhibit 10.1 and 10.2 of Form 8-k filed with the SEC on July 28, 2003. 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: November 25, 2003 Signature: /s/ Jonathan Honig ----------------------- JONATHAN HONIG -----END PRIVACY-ENHANCED MESSAGE-----