-----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, BW/ZhnGIFC+MCZ6PiaJhI2JIMEEEYUd8dPoPPMPX588KmF35jDTeArDOofJ1+Ymw tqSpHjxtS5vAuCDoD/6Q4Q== 0001019056-03-000124.txt : 20030213 0001019056-03-000124.hdr.sgml : 20030213 20030213145115 ACCESSION NUMBER: 0001019056-03-000124 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20030213 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BIGSTAR ENTERTAINMENT INC /NY CENTRAL INDEX KEY: 0001058430 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-CATALOG & MAIL-ORDER HOUSES [5961] IRS NUMBER: 133995258 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-57341 FILM NUMBER: 03558831 BUSINESS ADDRESS: STREET 1: 20 LIGHTHOUSE ROAD STREET 2: ---- CITY: HAMPTON BAYS STATE: NY ZIP: 11946 MAIL ADDRESS: STREET 1: P.O. BOX 999 STREET 2: -- CITY: NEW YORK STATE: NY ZIP: 10038 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FRIEDENSOHN DAVID CENTRAL INDEX KEY: 0001090170 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: C/O BIG STAR ENTERTAINMENT STREET 2: 20 LIGHTHOUSE ROAD CITY: HAMPTON BAYS STATE: NY ZIP: 11946 BUSINESS PHONE: 2125719276 SC 13D 1 big_13d.txt SCHEDULE 13D UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 BigStar Entertainment, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $.0001 per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 089896 104 - -------------------------------------------------------------------------------- (CUSIP Number) David S. Friedensohn 20 Lighthouse Road Hampton Bays, New York 11946 With a copy to: Dale S. Bergman, Esquire Broad and Cassel 201 South Biscayne Blvd. Suite 3000 Miami, Florida 33131 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) February 13, 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 statement because of Rule 13d-1(b)(3) or (4), check the following box: [ ] SCHEDULE 13D - ------------------------------------- CUSIP NO. 089896 104 - ------------------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS David S. Friedensohn - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* PF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION USA - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES 2,103,788 BENEFICIALLY ------------------------------------ OWNED BY 8 SHARED VOTING POWER EACH REPORT- 0 ING PERSON ------------------------------------ WITH 9 SOLE DISPOSITIVE POWER 2,103,788 ------------------------------------ 10 SHARED DISPOSITIVE POWER 0 ------------------------------------ - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,103,788 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 26.98% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- -2- Item 1. Security and Issuer. ------------------- This Statement on Schedule 13D relates to shares of common stock, $.0001 par value per share (the "Common Stock"), of BigStar Entertainment, Inc., a Delaware corporation (the "Issuer"). The Issuer's principal executive office is located at 20 Lighthouse Road, Hampton Bays, NY 11946. Item 2. Identity and Background. ----------------------- (a) This Schedule 13D is being filed on behalf of David S. Friedensohn. (b) The business address of Mr. Friedensohn is c/o BigStar Entertainment, Inc., 20 Lighthouse Road, Hampton Bays, NY 11946. (c) Mr. Friedensohn's principal occupation is as Chief Executive Officer of the Issuer. (d) During the last five years, Mr. Friedensohn has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). (e) During the last five years, Mr. Friedensohn was not a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, 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. (f) Mr. Friedensohn is a citizen of the United States. Item 3. Source and Amount of Funds or Other Consideration. ------------------------------------------------- The Common Stock was purchased utilizing Mr. Friedensohn's personal funds. Item 4. Purpose of Transaction. ---------------------- Mr. Friedensohn acquired the Common Stock beneficially owned by him in the ordinary course of his investing activities. Mr. Friendnesohn may acquire more Common Stock depending on the market price of the Common Stock. As of the date of the event which required filing of this Statement on Schedule 13D, Mr. Friedensohn did not have any plans or proposals (other than as set forth above) which may relate to or would result in: (a) the acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer; (b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries (c) a sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries; (d) any change in the present Board of Directors or management of the Issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the Board of Directors of the Issuer; -3- (e) any material change in the present capitalization or dividend policy of the Issuer; (f) any other material change in the Issuer's business or corporate structure; (g) changes in the Issuer's charter, bylaws or instruments corresponding thereto or any actions which may impede the acquisition or control of the Issuer by any person; (h) causing a class of securities of the Issuer to be de-listed from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (i) a class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Exchange Act; or (j) any action similar to any of those numerated above. Item 5. Interest in Securities of the Issuer. ------------------------------------ (a)(b) Mr. Friedensohn may be deemed to beneficially own an aggregate of 2,103,788 shares or 26.98% of the total shares outstanding of the Issuer. Such shares include 1,918,675 held of record by Mr. Friedensohn and stock options to purchase 65,713 shares of Common Stock and with respect to which Mr. Friedensohn may be deemed to have sole voting and dispositive power. (c) On January 23, 2003, Mr. Friedensohn purchased 400 shares of Common Stock for the purchase price equal to $.015 a share. (d) No other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of such securities of the Issuer. (e) Not applicable. Item 6. Contracts, Arrangements, Understandings or Relationships with ------------------------------------------------------------- Respect to Securities of the Issuer. ----------------------------------- None Item 7. Material to be Filed as Exhibits. -------------------------------- None 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 13, 2003 /s/ DAVID S. FRIEDENSOHN ----------------------------------------- DAVID S. FRIEDENSOHN -4- -----END PRIVACY-ENHANCED MESSAGE-----