-----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, SI1ZzChPKJgolvi0nNgB7twotD5UPcEQLO0kVO8AK/Dkg+bxdFAZAbStoanR5B17 xxs8Z+S8GuH29/p7jFmekw== 0000890163-99-000058.txt : 19990217 0000890163-99-000058.hdr.sgml : 19990217 ACCESSION NUMBER: 0000890163-99-000058 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990216 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TEL SAVE COM INC CENTRAL INDEX KEY: 0000948545 STANDARD INDUSTRIAL CLASSIFICATION: RADIO TELEPHONE COMMUNICATIONS [4812] IRS NUMBER: 232827736 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-45631 FILM NUMBER: 99541294 BUSINESS ADDRESS: STREET 1: 6805 ROUTE 202 CITY: NEW HOPE STATE: PA ZIP: 18938 BUSINESS PHONE: 2158621500 MAIL ADDRESS: STREET 1: 6805 RIYTE 202 CITY: NEW HOPE STATE: PA ZIP: 18938 FORMER COMPANY: FORMER CONFORMED NAME: TEL SAVE HOLDINGS INC DATE OF NAME CHANGE: 19950726 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: TOBIAS SETH CENTRAL INDEX KEY: 0001069085 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 204547704 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 27 N SUNNYCREST DR CITY: LITTLE SILVER STATE: NJ ZIP: 07739 BUSINESS PHONE: 7329331932 MAIL ADDRESS: STREET 1: 27 N SUNNYCREST DR CITY: LITTLE SILVER STATE: NJ ZIP: 07739 SC 13G/A 1 AMENDMENT TO SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 Tel-Save.com, Inc. (formerly Tel-Save Holdings, Inc.) ------------------------------------- (Name of Issuer) Common Stock, par value $.01 per share -------------------------------------- (Title of Class of Securities) 879176105 -------------- (CUSIP Number) February 16, 1999 ------------------------------------------------------ (Date of Even 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) (Page 1 of 5 Pages) CUSIP No. 879176105 13G Page 2 of 5 Pages - ------------------------------------------------------------------------------- 1) NAME OF REPORTING PERSON Seth Tobias - ------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF MEMBER OF A GROUP (a) [ ] (b) [ ] - ------------------------------------------------------------------------------- 3) SEC USE ONLY - ------------------------------------------------------------------------------- 4) CITIZENSHIP OR PLACE OF ORGANIZATION U.S. - ------------------------------------------------------------------------------- NUMBER OF 5) SOLE VOTING POWER 4,637,491 SHARES ----------------------------------------------------------------- BENEFICIALLY 6) SHARED VOTING POWER 0 OWNED BY ------------------------------------------------------------------ EACH 7) SOLE DISPOSITIVE POWER 4,637,491 REPORTING ------------------------------------------------------------------ PERSON WITH 8) SHARED DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------- 9) AGGREGATE AMOUNT BENEFICIALLY OWNED 4,637,491 BY EACH REPORTING PERSON - ------------------------------------------------------------------------------- 10) CHECK IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------- 11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 7.5% - ------------------------------------------------------------------------------- 12) TYPE OF REPORTING PERSON: IN - ------------------------------------------------------------------------------- Item 1(a). Name of Issuer: - ---------- --------------- Tel-Save.com, Inc. (formerly, Tel-Save Holdings, Inc.) Item 1(b). Address of Issuer's Principal Executive Offices: - ---------- ------------------------------------------------ 6805 Route 202, New Hope, PA 18938 Item 2(a). Name of Person Filing: - ---------- ---------------------- Seth Tobias Item 2(b). Address of Principal Business Office: - ---------- ------------------------------------- 27 North Sunnycrest Drive Little Silver, NJ 07739 Item 2(c). Citizenship: - --------- ------------ United States Item 2(d). Title of Class of Securities: - ---------- ----------------------------- Common Stock Item 2(d). CUSIP Number: - ---------- ------------- 879176105 Page 2 of 5 Pages If this statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or Item 3. (c), check whether the person filing is a: - -------- (a) [ ] Broker or dealer registered under Section 15 of the Exchange Act. (b) [ ] Bank as defined in Section 3(a)(6) of the Exchange Act. (c) [ ] Insurance company as defined in Section 3(a)(19) of the Exchange Act. (d) [ ] Investment company registered under Section 8 of the Investment Company Act. (e) [ ] An investment advisor in accordance with Rule 13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; (i) [ ] A church plan that is excluded form the definition of an investment company under section 3(c)(14) of the Investment Company Act; (j) [ ] Group, in accordance with Rule 13d-1(b)1)(ii)(J). Item 4. Ownership. - ------- (a) Amount Beneficially Owned: 4,637,491 (b) Percent of Class: 7.5% (c) Number of Shares to which such person has: (i) Sole power to vote or direct the vote: 4,637,491 (ii) Shared power to vote or direct the vote: 0 (iii) Sole power to dispose or to direct the deposition of: 4,637,491 (iv) Shared power to dispose or to direct the disposition of: 0 Page 3 of 5 Pages 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 of the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ]. Item 6. Ownership of More than Five Percent on Behalf of Another Person - ------ As of December 31, 1998, the Reporting Person disposed of some the trust's beneficial ownership of Common Stock of Tel-Save.com, Inc. (the "Company") and acquired convertible notes of the issuer. 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 the Group. - ------ Not Applicable. Page 4 of 5 Pages Item 10. Certification. - -------- 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. SIGNATURE After reasonably 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 16, 1998 ------------------------------ Date /s/ Seth Tobias ------------------------------ Signature Seth Tobias ------------------------------ Seth Tobias, Trustee Page 5 of 5 Pages -----END PRIVACY-ENHANCED MESSAGE-----