-----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, DDD/EvAVW/XPgew+D6lj+hNQRG4HkZ4RgpLxKWpWEh24QdXiFqfesTh8LhxziUpn Fn71fsp261MR9Lg4gHHNtg== 0000950136-05-000790.txt : 20050214 0000950136-05-000790.hdr.sgml : 20050214 20050214152219 ACCESSION NUMBER: 0000950136-05-000790 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050214 DATE AS OF CHANGE: 20050214 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CROWN FINANCIAL GROUP INC CENTRAL INDEX KEY: 0000913781 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] IRS NUMBER: 131924455 STATE OF INCORPORATION: NJ FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-47309 FILM NUMBER: 05609100 BUSINESS ADDRESS: STREET 1: NEWPORT TOWER 525 WASHINGTON BLVD STREET 2: 34TH FLOOR CITY: JERSEY CITY STATE: NJ ZIP: 07310 BUSINESS PHONE: 2014599500 MAIL ADDRESS: STREET 1: 525 WASHINGTON BLVD STREET 2: 34TH FLOOR CITY: JERSEY CITY STATE: NJ ZIP: 07310 FORMER COMPANY: FORMER CONFORMED NAME: MEYERSON M H & CO INC /NJ/ DATE OF NAME CHANGE: 19931020 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SILVER JACK CENTRAL INDEX KEY: 0000922714 IRS NUMBER: 109321745 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: BUSINESS PHONE: 2125428201 MAIL ADDRESS: STREET 1: 660 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10021 SC 13G/A 1 file001.htm SCHEDULE 13G/A



                                                  ------------------------------
                    UNITED STATES                 OMB APPROVAL
         SECURITIES AND EXCHANGE COMMISSION       ------------------------------
              WASHINGTON, D.C. 20549              OMB Number: 3235-0145
                                                  ------------------------------
                                                  Expires: December 31, 2005
                                                  ------------------------------
                                                  Estimated average burden
                                                  hours per response. . . 11
                                                  ------------------------------


                                  SCHEDULE 13G

                    UNDER THE SECURITIES EXCHANGE ACT OF 1934
                               (AMENDMENT NO. 2)*


                           Crown Financial Group, Inc.
- --------------------------------------------------------------------------------
                                (Name of Issuer)


                                  Common Stock
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)


                                    22834Q108
- --------------------------------------------------------------------------------
                                 (CUSIP Number)


                                December 31, 2004
- --------------------------------------------------------------------------------
             (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)


- -------------


* 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 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).




- --------------------------------------------------------------------------------
CUSIP NO.   22834Q108                                        PAGE 2 OF 5 PAGES
                                                                  --   --
- --------- ----------------------------------------------------------------------
1.        NAMES OF REPORTING PERSONS
          IRS IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
                   Jack Silver
- --------- ----------------------------------------------------------------------
2.        CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
          (See Instructions)                                    (a)[ ]
                                                                (b)[X]
- --------- ----------------------------------------------------------------------
3.        SEC USE ONLY

- --------- ----------------------------------------------------------------------
4.        CITIZENSHIP OR PLACE OF ORGANIZATION
                   United States citizen
- ----------------------- ---------- ---------------------------------------------
   NUMBER OF           5.          SOLE VOTING POWER
     SHARES                             698,437
  BENEFICIALLY         ---------- ----------------------------------------------
    OWNED BY           6.          SHARED VOTING POWER
     EACH                               0
   REPORTING           ---------- ----------------------------------------------
 PERSON  WITH          7.          SOLE DISPOSITIVE POWER
                                        698,437
                       ---------- ----------------------------------------------
                       8.          SHARED DISPOSITIVE POWER
                                        0
- --------- ----------------------------------------------------------------------
9.        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                   698,437
- --------- ----------------------------------------------------------------------
10.       CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
          (See Instructions)                                       [ ]

- --------- ----------------------------------------------------------------------
11.       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
                   3.8%
- --------- ----------------------------------------------------------------------
12.       TYPE OF REPORTING PERSON (See Instructions)
                   IN
- --------- ----------------------------------------------------------------------





                                                               PAGE 3 OF 5 PAGES

Item 1.         (a)  Name of Issuer:

                              Crown Financial Group, Inc.

                (b)  Address of Issuer's Principal Executive Offices:

                              525 Washington Boulevard
                              Jersey City, NJ  07310

Item 2.         (a)  Name of Person Filing:

                              Jack Silver

                (b) Address of Principal Business Office or, if none, Residence:

                              660 Madison Avenue
                              New York, NY  10021

                (c)  Citizenship:

                              United States citizen

                (d)  Title of Class of Securities:

                              Common Stock

                (e)  CUSIP Number:

                              22834Q108

Item 3.         If this statement is filed pursuant to ss.ss.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.

            (b) [ ]  Bank as defined in Section 3(a)(6) of the Act.

            (c) [ ]  Insurance company as defined in Section 3(a)(19)
                     of the Act.

            (d) [ ]  Investment company registered under Section 8 of the
                     Investment Company Act of 1940.

            (e) [ ]  An investment adviser in accordance with
                     ss.240.13d-1(b)(1)(ii)(E).

            (f) [ ]  An employee benefit plan or endowment fund in accordance
                     with ss.240.13d-1(b)(1)(ii)(F).

            (g) [ ]  A parent holding company or control person in accordance
                     with ss.240.13d-1(b)(1)(ii)(G).

            (h) [ ]  A savings associations as defined in Section 3(b) of the
                     Federal Deposit Insurance Act.

            (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.

            (j) [ ]  Group, in accordance with ss.240.13d-1(b)(1)(ii)(J).



                                                               PAGE 4 OF 5 PAGES
                                                                    --   --





Item 4.     Ownership.

                  As of the date hereof, Jack Silver beneficially owns 698,437
            shares of common stock of the Issuer (the "Shares"), representing
            approximately 3.8 % of the Shares outstanding. Such Shares are held
            by the Sherleigh Associates Profit Sharing Plan, a trust of which
            Mr. Silver is the trustee.

                  Mr. Silver has the sole voting and dispositive power with
            respect to all of the Shares beneficially owned by him.

Item 5.     Ownership of Five Percent or Less of a Class.

                  If this statement is being filed to report the fact that as of
            the date hereof the reporting person has ceased to be the beneficial
            owner of more than five percent of the class of securities, check
            the following  X .
                          ---

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 or
            Control Person.

                  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.    Certifications.

                  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.



                                                               PAGE 5 OF 5 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.

                                               February 14, 2005
                                    ---------------------------------------
                                                   (Date)

                                               /s/ Jack Silver
                                    ---------------------------------------
                                                (Signature)

                                                 Jack Silver
                                    ---------------------------------------
                                                (Name/Title)

The original statement shall be signed by each person on whose behalf the
statement is filed or his authorized representative. If the statement is signed
on behalf of a person by his authorized representative (other than an executive
officer or general partner of the filing person), evidence of the
representative's authority to sign on behalf of such person shall be filed with
the statement, provided, however, that a power of attorney for this purpose
which is already on file with the Commission may be incorporated by reference.
The name and any title of each person who signs the statement shall be typed or
printed beneath his signature.

NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See ss.240.13d-7 for other
parties for whom copies are to be sent.

Attention:        Intentional misstatements or omissions of fact constitute
                  Federal criminal violations (See 18 U.S.C. 1001)

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