0001654954-18-000698.txt : 20180125 0001654954-18-000698.hdr.sgml : 20180125 20180125130541 ACCESSION NUMBER: 0001654954-18-000698 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20180125 DATE AS OF CHANGE: 20180125 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PAID INC CENTRAL INDEX KEY: 0001017655 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 731479833 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-51413 FILM NUMBER: 18547671 BUSINESS ADDRESS: STREET 1: 200 FRIBERG PARKWAY STREET 2: SUITE 4004 CITY: WESTBOROUGH STATE: MA ZIP: 01581 BUSINESS PHONE: 617-861-6050 MAIL ADDRESS: STREET 1: 200 FRIBERG PARKWAY STREET 2: SUITE 4004 CITY: WESTBOROUGH STATE: MA ZIP: 01581 FORMER COMPANY: FORMER CONFORMED NAME: SALES ONLINE DIRECT INC DATE OF NAME CHANGE: 19990525 FORMER COMPANY: FORMER CONFORMED NAME: SECURITIES RESOLUTION ADVISORS INC DATE OF NAME CHANGE: 19980814 FORMER COMPANY: FORMER CONFORMED NAME: ROSE INTERNATIONAL LTD DATE OF NAME CHANGE: 19960627 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Coghlin Christopher J CENTRAL INDEX KEY: 0001696399 FILING VALUES: FORM TYPE: SC 13G/A MAIL ADDRESS: STREET 1: 27 OTIS STREET CITY: WESTBOROUGH STATE: MA ZIP: 01581 SC 13G/A 1 sch13ga.htm SC 13G/A Blueprint
 

 
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
SCHEDULE 13G/A
 
(Rule 13d-102)
 
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO §240.13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO §240.13d-2
 
(AMENDMENT NO. 2)*
 
 
PAID, INC.
(Name of Issuer)
 
Common Stock
(Title of Class of Securities)
 
69561N402
(CUSIP Number)
 
January 22, 2018
(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)
[ ] Rule 13d-1(c)
[X] 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 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 this 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. 69561N402
 13G                                
 Page 2 of 7 Pages
 
1.
Names of Reporting Person
 
Christopher J. Coghlin
2.
Check the Appropriate Box if a Member of a Group (See Instructions)
 
(a)  ☒
(b) 
3.
SEC Use Only
 
4.
Citizenship of Place of Organization
 
U.S.
Number of Shares
Beneficially
Owned by Each
Reporting  Person
With
5.
Sole Voting Power
 
0
6.
Shared Voting Power
 
159,800
7. 
Sole Dispositive Power
 
0
8.
Shared Dispositive Power
 
159,800
9.
Aggregate Amount Beneficially Owned by each Reporting Person
 
159,800
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares  ☒
 
11.
Percent of Class Represented by Amount in Row 9
 
9.78%
12.
Type of Reporting Person (See Instructions)
 
IN
 
 
 
 
 CUSIP No. 69561N402
13G
 Page 3 of 7 Pages
  
1.
Names of Reporting Person.
 
Kimberly Coghlin
2.
Check the Appropriate Box if a Member of a Group (See Instructions)
 
(a)  ☒
(b) 
3.
SEC Use Only
 
4.
Citizenship of Place of Organization
 
U.S.
Number of Shares
Beneficially
Owned by Each
Reporting  Person
With
5.
Sole Voting Power 
 
3,590
6.
Shared Voting Power
 
159,800
7. 
Sole Dispositive Power 
 
3,590
8.
Shared Dispositive Power
 
159,800
9.
Aggregate Amount Beneficially Owned by each Reporting Person
 
163,390
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares  ☐
 
11.
Percent of Class Represented by Amount in Row 9
 
9.998%
12.
Type of Reporting Person (See Instructions)
 
IN
 
 
 
 
 
 
Item 1(a) 
Name of Issuer: Paid, Inc.
 
Item 1(b) 
Address of Issuer’s Principal Executive Offices: 200 Friberg Parkway Suite 4004, Westborough, Massachusetts 01581
 
Item 2(a) 
Name of Person Filing: (1) Christopher J. Coghlin (2) Kimberly Coghlin
 
Item 2(b) 
Address of Principal Business Office or, if None, Residence: Both reporting persons may be contacted at 27 Otis Street, Westborough, MA 01581
 
Item 2(c) 
Citizenship: (1) U.S. citizen (2) U.S. citizen
 
Item 2(d) 
Title of Class of Securities: Common Stock.
 
Item 2(e) 
CUSIP Number: 69561N402
 
Item 3
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: Not applicable.
 
Item 4
Ownership:
 
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
 
(a) 
Amount beneficially owned: (1) 159,800 shares of common stock (reporting holder disclaims beneficial ownership of shares held solely by spouse) (2) 163,390
 
(b) 
Percent of Class: (1) 9.78% (2) 9.998%
 
(c) 
Number of shares as to which the person has:
 
(i)
sole power to vote or to direct the vote: 3,590 (held solely by Kimberley Coghlin; Christopher J. Coghlin disclaims beneficial ownership)
 
(ii)
shared power to vote or to direct the vote: 159,800
 
(iii
sole power to dispose or to direct the disposition of: 3,590 (held solely by Kimberley Coghlin; Christopher J. Coghlin disclaims beneficial ownership)
 
(iv)
shared power to dispose or to direct the disposition of: 159,800
 
Item 5
Ownership of Five Percent or Less of a Class: Not applicable.
 
Item 6
Ownership of more than Five Percent on Behalf of Another Person: None
 
 
 
 
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, other than activities solely in connection with a nomination under §240.14a-11.
 
 
 
 
 
 
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: January 22, 2018
 
/s/ Christopher J. Coghlin
Christopher J. Coghlin
 
 
Dated: January 22, 2018
 
/s/ Kimberly Coghlin
Kimberly Coghlin
 
 
Exhibit Index
 
Exhibit 1 Joint Filing Agreement
 
 
 
EX-1 2 ex1.htm JOINT FILING AGREEMENT Untitled Document
 
Exhibit 1
 
JOINT FILING AGREEMENT
 
In accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, each of the undersigned hereby agrees to the joint filing with the other reporting person of a statement on Schedule 13G (including amendments thereto) with respect to the Common Stock of PAID, Inc. and that this Agreement be included as an exhibit to such joint filing.
 
 
IN WITNESS WHEREOF, the undersigned hereby execute this Agreement this 22nd day of January, 2018.
 
/s/ Christopher J. Coghlin                                                                                                                    /s/ Kimberly Coghlin
Christopher J. Coghlin                                                                                                                         Kimberly Coghlin