-----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, EYy2K6S21GRgOmrKm/W+NtgFlyvMEeNrPJPsRoTazPk9KVC+mcIkhrp6izZiGGok uATAEGD57P9yI6DCOt7vJQ== 0000950170-98-001157.txt : 19980604 0000950170-98-001157.hdr.sgml : 19980604 ACCESSION NUMBER: 0000950170-98-001157 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980603 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SIRCO INTERNATIONAL CORP CENTRAL INDEX KEY: 0000090721 STANDARD INDUSTRIAL CLASSIFICATION: LEATHER & LEATHER PRODUCTS [3100] IRS NUMBER: 132511270 STATE OF INCORPORATION: NY FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: SC 13D SEC ACT: SEC FILE NUMBER: 005-37490 FILM NUMBER: 98641936 BUSINESS ADDRESS: STREET 1: 24 RICHMOND HILL AVENUE STREET 2: SUITE 700 CITY: STAMFORD STATE: CT ZIP: 06901 BUSINESS PHONE: 2033594100 MAIL ADDRESS: STREET 1: 24 RICHMOND HILL AVENUE STREET 2: SUITE 700 CITY: NEW YORK STATE: CT ZIP: 06901 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CLEC HOLDING CORP CENTRAL INDEX KEY: 0001048764 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 223527935 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 575 MADISON AVE CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2129889799 MAIL ADDRESS: STREET 1: 575 MADISON AVE CITY: NEW YORK STATE: NY ZIP: 10022 SC 13D 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 1)* SIRCO INTERNATIONAL CORP. (Name of Issuer) Common Stock, par value $.10 (Title of Class of Securities) 829639103 (CUSIP Number) CLEC Holding Corp. 575 Madison Avenue, New York, New York 10022 (212) 988-9799 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) With Copies to: Neil S. Baritz, Esq. Dreier & Baritz 1515 North Federal Highway, Suite 300 Boca Raton, Florida 33432 May 26, 1998 (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 (b)(3) or (4), check the following box [ ]. NOTE. Six copies 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 ("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). SCHEDULE 13D CUSIP NO. 829639103 - ------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON CLEC Holding Corp. ("CHC") 22-3527935 - ------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - ------------------------------------------------------------------------------ 3. SEC USE ONLY - ------------------------------------------------------------------------------ 4. SOURCE OF FUNDS* Not applicable - ------------------------------------------------------------------------------ 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - ------------------------------------------------------------------------------ 6. CITIZENSHIP OR PLACE OF ORGANIZATION a New Jersey Corporation - ------------------------------------------------------------------------------ NUMBER OF 7. SOLE VOTING POWER SHARES 210,000 BENEFICIALLY ------------------------------------------ OWNED BY 8. SHARED VOTING POWER EACH ------------------------------------------ REPORTING 9. SOLE DISPOSITIVE POWER PERSON 210,000 WITH ------------------------------------------ 10. SHARED DISPOSITIVE POWER - ------------------------------------------------------------------------------ 11. AGGREGATE AMOUNT OF BENEFICIALLY OWNED BY EACH REPORTING PERSON 210,000 - ------------------------------------------------------------------------------ 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ------------------------------------------------------------------------------ 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.07% - ------------------------------------------------------------------------------ 2 14. TYPE OF REPORTING PERSON * CO. ITEM 1. SECURITY AND ISSUER. This Amendment No.1 to the Statement on Schedule 13D relates to the sale by the Reporting Person of 140,000 of the shares common stock, .10 par value ("Common Stock"), issued by SIRCO INTERNATIONAL CORP. (the "Company"), 24 Richmond Hill Avenue, Stamford, CT 06901 disclosed as acquired on such Statement. ITEM 4. PURPOSE OF THE TRANSACTION. Item 4 of the Statement on Schedule 13D is hereby amended to read in its entirety as follows: As of May 26, 1998, CHC ceased to be the beneficial owner of 140,000 of the Common Stock of the Company. The date of sale, number of shares sold and share price for each of the sales of stock made by CHC on May 26, 1998 are indicated on Exhibit A attached hereto. Except as described on Exhibit A, no transactions in Common Stock were effected during the past 60 days by the Reporting Person. As a result of the foregoing, CHC ceased to be a beneficial owner of 5% or more of the Common Stock. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. Attached as Exhibit "A" to this Amendment to Statement on Schedule 13D is a schedule of sales of Common Stock by the Reporting Person. 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. Dated: June 3, 1998 CLEC HOLDING CORP. By: /S/ KENNETH G. BARITZ ------------------------------------- Kenneth G. Baritz, Chairman and CEO 3 EXHIBIT A Sale of shares of Common Stock of Sirco International Corp. by CLEC Holding Corp. on May 26, 1998. DATE SOLD NUMBER OF SHARES SOLD SALE PRICE PER SHARE - --------- --------------------- -------------------- 05/26/98 140,000 $3.000 4 -----END PRIVACY-ENHANCED MESSAGE-----