<PAGE>
----------------------------
OMB APPROVAL
----------------------------
OMB Number 3235-0145
Expires: September 30, 1988
Estimated average burden
hours per response....14.90
----------------------------
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. )*
------
SmarTalk Teleservices, Inc.
-------------------------------------------------------------
(Name of Issuer)
Common Stock
---------------------------------------------------
(Title of Class of Securities)
83169A100
-----------------------------------------
(CUSIP Number)
Check the following box if a fee is being paid with this statement [_]. (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
*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 the
disclosures provided in a prior cover page.
The information required in 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).
<PAGE>
- ----------------------- ---------------------
CUSIP NO. 83169A100 13G PAGE 2 OF 7 PAGES
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
SmarTalk Partners, LLC
33-0687022
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
California
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF 2,447,449
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
-0-
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 2,447,449
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
-0-
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
2,447,449
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
Not Applicable
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
18.9%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
OO
- ------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
- ----------------------- ---------------------
CUSIP NO. 83169A100 13G PAGE 3 OF 7 PAGES
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Amre Youness
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF 2,447,449
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
-0-
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 2,447,449
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
-0-
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
2,447,449
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
Not Applicable
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
18.9%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
IN
- ------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
- ----------------------- ---------------------
CUSIP NO. 83169A100 13G PAGE 4 OF 7 PAGES
- ----------------------- ---------------------
Item 1(a) Name of Issuer:
SmarTalk Teleservices, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
1640 South Sepulveda Boulevard
Suite 500
Los Angeles, California 90025
Item 2(a) Name of Person(s) Filing:
SmarTalk Partners, LLC
Amre Youness
Item 2(b) Address of Principal Business Office or, if none, Residence:
3 Civic Plaza
Suite 17D
Newport Beach, California 92660
Item 2(c) Citizenship:
SmarTalk Partners, LLC: California
Amre Youness: United States
Item 2(d) Title of Class of Securities:
Common Stock
Item 2(e) CUSIP Number:
83169A100
Item 3 Inapplicable
<PAGE>
- ----------------------- ---------------------
CUSIP NO. 83169A100 13G PAGE 5 OF 7 PAGES
- ----------------------- ---------------------
Item 4 Ownership:
(a) Amount Beneficially Owned:
SmarTalk Partners, LLC: 2,447,449 Shares
Amre Youness: 2,447,449 Shares/1/
(b) Percent of Class:
SmarTalk Partners, LLC: 18.9%
Amre Youness: 18.9%
(c) Number of Shares as to Which Such Person Has:
(i) Sole power to vote
SmarTalk Partners, LLC: 2,447,449
Amre Youness: 2,447,449
(ii) Shared power to vote or to direct the vote
None
(iii) Sole power to dispose or to direct the disposition of
SmarTalk Partners, LLC: 2,447,449
Amre Youness: 2,447,449
(iv) Shared power to dispose or to direct the disposition of
None
- -------------
/1/ Amre Youness may be deemed the beneficial owner of the shares owned by
SmarTalk Partners, LLC by virtue of his status as its sole manager. Mr. Youness
disclaims beneficial ownership of these securities except to the extent of his
pecuniary interest therein.
<PAGE>
- ----------------------- ---------------------
CUSIP NO. 83169A100 13G PAGE 6 OF 7 PAGES
- ----------------------- ---------------------
Item 5 Ownership of Five Percent or Less of a Class:
Inapplicable.
Item 6 Ownership of More than Five Percent on Behalf of
Another Person:
Inapplicable.
Item 7 Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent Holding
Company:
Inapplicable.
Item 8 Identification and Classification of Members of the Group:
Inapplicable.
Item 9 Notice of Dissolution of Group:
Inapplicable.
Item 10 Certification:
Inapplicable:
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.
Date: April 7, 1997.
SmarTalk Partners, LLC
By: /s/ Amre Youness
-----------------------
Amre Youness, Manager
/s/ Amre Youness
--------------------------
Amre Youness
<PAGE>
- ----------------------- ---------------------
CUSIP NO. 83169A100 13G PAGE 7 OF 7 PAGES
- ----------------------- ---------------------
Pursuant to the requirements of Rule 13d-1(f) under the Securities Exchange
Act of 1934, the undersigned hereby agree that the foregoing statement on
Schedule 13G is filed on behalf of each of them.
Dated: April 7, 1997.
SmarTalk Partners, LLC
By: /s/ Amre Youness
----------------------
Amre Youness, Manager
/s/ Amre Youness
-------------------------
Amre Youness
