-----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, Fm3RTFCGTq802TuV9iaF0z5whPXA9VKTGfgbjY905HAINrWpjU5DitSipGFernOS lmFTpecdnOJcqSQEkRiDwg== 0001072613-02-000976.txt : 20020618 0001072613-02-000976.hdr.sgml : 20020618 20020618161808 ACCESSION NUMBER: 0001072613-02-000976 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20020618 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FALLEN ANGEL EQUITY FUND LP /NY CENTRAL INDEX KEY: 0001061207 IRS NUMBER: 223563114 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 960 HOLMDEL ROAD STREET 2: 732-946-9495 CITY: HOLMDEL STATE: NJ ZIP: 07733 MAIL ADDRESS: STREET 1: 960 HOLMDEL ROAD CITY: HOLMDEL STATE: NJ ZIP: 07733 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ASTEA INTERNATIONAL INC CENTRAL INDEX KEY: 0000945989 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 232119058 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-49514 FILM NUMBER: 02681574 BUSINESS ADDRESS: STREET 1: 455 BUSINESS CENTER DRIVE CITY: HORSHAM STATE: PA ZIP: 19044 BUSINESS PHONE: 2156822500 MAIL ADDRESS: STREET 1: 455 BUSINESS CENTER DRIVE CITY: HORSHAM STATE: PA ZIP: 19044 SC 13D 1 sch13d_11319.txt SCHEDULE 13D - FALLEN ANGEL EQUITY FUND, L.P. ================================================================================ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 3) ASTEA INTERNATIONAL INC. ------------------------ (Name of Issuer) COMMON STOCK ------------ (Title of Class of Securities) 04622E109 --------- (CUSIP Number) Fallen Angel Equity Fund, L.P. c/o Fallen Angel Capital LLC 125 Half Mile Road Red Bank, NJ 07701 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) - with copies to - Daniel P. Finkelman Testa, Hurwitz & Thibeault, LLP 125 High Street Boston, MA 02110 May 17, 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 that is the subject of this Schedule 13D, and is filing this schedule because of Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-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 Section 240.13d-7 for other parties to whom copies are to be sent. *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 ("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). ================================================================================ - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Fallen Angel Equity Fund, L.P. - -------- ----------------------------------------------------------------------- 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) Not Applicable - -------- ----------------------------------------------------------------------- 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - -------- ----------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware, USA - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ------ ------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 0 EACH ------ ------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON 0 WITH ------ ------------------------------------------- 10 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 - -------- ----------------------------------------------------------------------- 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [ ] 0 - -------- ----------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0 - -------- ----------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN - -------------------------------------------------------------------------------- Schedule 13D Item 1. Security and Issuer. ------------------- Securities Disposed of: Common Stock Issuer: Astea International Inc. (the "Issuer") Item 2. Identity and Background. ----------------------- Fallen Angel Equity Fund, L.P. (the "Partnership") is a Delaware limited partnership. The Partnership invests in, holds, sells, trades, on margin or otherwise, and otherwise deals in securities and other intangible investment instruments, consisting principally, but not solely, of stocks, bonds, notes, bills, derivatives and other securities and instruments that are traded in public markets. The Partnership is located at c/o Fallen Angel Capital, LLC, 125 Halfmile Road, Redbank, NJ 07701. The general partner of the Partnership is Fallen Angel Capital, LLC (the "General Partner"). The Partnership has not been convicted in a criminal proceeding during the last five (5) years. The Partnership is not, and during the past five (5) years was not, a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result thereof, subject to any judgement, 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. The General Partner is located at 125 Halfmile Road, Redbank, NJ 07701. The manager of the General Partner is Barry Goldsmith. The business address of Mr. Goldsmith is 125 Halfmile Road, Redbank, NJ 07701. The General Partner and Mr. Goldsmith have not been convicted in a criminal proceeding during the last five (5) years. The General Partner and Mr. Goldsmith are not, and during the past five (5) years were not, a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result thereof, subject to any judgement, 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. Item 3. Source and Amount of Funds or Other Consideration. ------------------------------------------------- Not Applicable Item 4. Purpose of Transaction. ---------------------- Not Applicable Item 5. Interest in Securities of the Issuer. ------------------------------------ (a) None (b) None (c) On May 17, 2002, the filing person sold 2,182,500 shares of common stock of the issuer in a private transaction at a per share price of $.50. (d) None (e) The filing person ceased to be a beneficial owner of 5% of common stock of the issuer on May 17, 2002. Item 6. Contracts, Arrangements, Undertakings or Relationships with Respect to ---------------------------------------------------------------------- Securities of the Issuer. ------------------------ Not Applicable Item 7. Material to be Filed as Exhibits. -------------------------------- Not Applicable SIGNATURE After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. Date: June 17, 2002 Signed: /s/ Barry Goldsmith -------------------------------------- Barry Goldsmith, Manager, Fallen Angel Capital LLC, General Partner of the Partnership -----END PRIVACY-ENHANCED MESSAGE-----