-----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, Gz9AhF1rhFwJA8Oa5VXiQ160gzEyBcw3P7Ol0QGtbEJyZ399QDhX7BQhC5FAV/gb 17q+Gkk3+/rFgJlQkFsuTw== 0000899140-99-000384.txt : 19990624 0000899140-99-000384.hdr.sgml : 19990624 ACCESSION NUMBER: 0000899140-99-000384 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990528 GROUP MEMBERS: ALDA MULTICHANNELS LTD. GROUP MEMBERS: ORISTANO MATTHEW SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PEOPLES CHOICE TV CORP CENTRAL INDEX KEY: 0000903275 STANDARD INDUSTRIAL CLASSIFICATION: CABLE & OTHER PAY TELEVISION SERVICES [4841] IRS NUMBER: 061366643 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-42913 FILM NUMBER: 99636680 BUSINESS ADDRESS: STREET 1: 2 CORPORATE DRIVE STE 249 CITY: SHELTON STATE: CT ZIP: 06484 BUSINESS PHONE: 2039257900 MAIL ADDRESS: STREET 2: TWO CORPORATE DR SUITE 249 CITY: SHELTON STATE: CT ZIP: 06484 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ORISTANO MATTHEW CENTRAL INDEX KEY: 0000938257 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: C/O PEOPLES CHOICE TV CORP STREET 2: 2 CORPORATE DR SUITE 249 CITY: SHELTON STATE: CT ZIP: 06484 BUSINESS PHONE: 2039292800 MAIL ADDRESS: STREET 1: C/O PEOPLES CHOICE TV CORP STREET 2: 2 CORPORATE DR SUITE 249 CITY: SHELTON STATE: CT ZIP: 06484 SC 13D/A 1 AMENDMENT NO. 2 TO SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13D (Amendment No. 2) Under the Securities Exchange Act of 1934 People's Choice TV Corp. --------------------------------------------------------- (Name of Issuer) Common Stock, $0.01 par value --------------------------------------------------------- (Title of Class of Securities) 710847104 --------------------------------------------------------- (CUSIP Number of Class of Securities) Matthew Oristano c/o People's Choice TV Corp. 2 Corporate Drive, Suite 249 Shelton, CT 06484 (203) 929-2800 --------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) Copies to: Daniel D. Rubino Willkie Farr & Gallagher 787 Seventh Avenue New York, NY 10019-6099 (212) 728-8000 May 20, 1999 --------------------------------------------------------- (Date of Event which Requires Filing of this Schedule) 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 schedule because of Rule 13d-1(b)(3) or (4), check the following: SCHEDULE 13D - --------------------- --------------------- CUSIP No. 710847104 Page 2 of 6 Pages - --------------------- --------------------- - ----------- ------------------------------------------------------------------- 1 NAME OF REPORT PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Matthew Oristano - ----------- ------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - ----------- ------------------------------------------------------------------- 3 SEC USE ONLY - ----------- ------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF - ----------- ------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - ----------- ------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - --------------------- --------- ----------------------------------------------- 7 SOLE VOTING POWER 205,000 --------- ----------------------------------------------- NUMBER OF 8 SHARED VOTING POWER SHARES BENEFICIALLY 0 OWNED BY --------- ----------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING PERSON WITH 205,000 --------- ----------------------------------------------- 10 SHARED DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 205,000 - ----------- ------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ----------- ------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.6% - ----------- ------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - ----------- ------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D - --------------------- --------------------- CUSIP No. 710847104 Page 3 of 6 Pages - --------------------- --------------------- - ----------- ------------------------------------------------------------------- 1 NAME OF REPORT PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Alda Multichannels Ltd. - ----------- ------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - ----------- ------------------------------------------------------------------- 3 SEC USE ONLY - ----------- ------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC - ----------- ------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - ----------- ------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - --------------------- --------- ----------------------------------------------- 7 SOLE VOTING POWER 0 --------- ----------------------------------------------- NUMBER OF 8 SHARED VOTING POWER SHARES BENEFICIALLY 0 OWNED BY --------- ----------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING PERSON WITH 0 --------- ----------------------------------------------- 10 SHARED DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 0 - ----------- ------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ----------- ------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0% - ----------- ------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - ----------- ------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. This Amendment No. 2 to Schedule 13D relates to the common stock, $.01 par value (the "Common Stock"), of People's Choice TV Corp., a Delaware corporation (the "Issuer"). This Amendment No. 2 supplementally amends the initial statement on Schedule 13D of the Reporting Persons filed on February 11, 1998 (the "Initial Statement") and Amendment No. 1 thereton filed on April 19, 1999. The principal executive offices of the Issuer are located at 2 Corporate Drive, Suite 249, Shelton, CT. This Amendment No. 2 is being filed by the Reporting Persons solely to report recent transactions in the Common Stock as a result of which the percentage of shares of Common Stock of which the Reporting Persons may be deemed the beneficial owners of has changed by more than one percent. Capitalized terms used herein and not otherwise defined herein shall have the meanings given to them in the Initial Statement. Item 4 is hereby amended as follows: Item 4. Purpose of the Transaction. Pursuant to the terms of the Stockholder and Option Agreement dated as of April 12, 1999 (the "Option Agreement") between the Reporting Persons and Sprint, Sprint purchased the Option Shares at a price equal to $10.00 in cash per share of Common Stock. Item 5 is hereby amended as follows: Item 5. Interest in Securities of the Issuer. As of May 20, 1999, the Reporting Persons ceased to be the beneficial owner of more than 5% of the shares of Common Stock of the Company. SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Dated: May 27, 1999 MATTHEW ORISTANO /s/ Matthew Oristano --------------------------- ALDA MULTICHANNELS LTD. By: /s/ Matthew Oristano ----------------------- President -----END PRIVACY-ENHANCED MESSAGE-----