UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. __)
Worldwide Entertainment & Sports Corp.
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(Name of Issuer)
Common Stock, $.01 par value
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(Title of Class of Securities)
98157N 10 4
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(CUSIP Number)
*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 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).
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CUSIP No. 98157N 10 4 Page 2 of 6
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:
Herbert F. Kozlov
###-##-####
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) / /
(b) / /
3. SEC USE ONLY:
4. CITIZENSHIP OR PLACE OF ORGANIZATION:
United States
- --------------
| 5. SOLE VOTING POWER:
NUMBER OF |
| 295,000
SHARES |
|
BENEFICIALLY | 6. SHARED VOTING POWER:
|
OWNED BY | 0
|
EACH |
| 7. SOLE DISPOSITIVE POWER:
REPORTING |
| 295,000
PERSON |
|
WITH | 8. SHARED DISPOSITIVE POWER:
|
- -------------- 0
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
295,000
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES:
[X]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
5.8%
12. TYPE OF REPORTING PERSON:
IN
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CUSIP No. 98157N 10 4 Page 3 of 6
Item 1(a). Name of Issuer:
Worldwide Entertainment & Sports Corp.
Item 1(b). Address of Issuer's Principal Executive Offices:
29 Northfield Avenue
West Orange, New Jersey 07052
Item 2(a). Name of Person Filing:
Herbert F. Kozlov
Item 2(b). Address of Principal Business Office or, if none, Residence:
The principal business address of Mr. Kozlov is:
529 Fifth Avenue, 8th Floor, New York, New York 10017
Item 2(c). Citizenship
United States
Item 2(d). Title of Class of Securities
Common Stock, $.01 par value
Item 2(e). 98157N 10 4
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CUSIP No. 98157N 10 4 Page 4 of 6
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or
13d-2(b), check whether the person filing is a:
(a) [ ] Broker or Dealer registered under Sec. 15 of the Act
(b) [ ] Bank as defined in Sec. 3(a)(6) of the Act
(c) [ ] Insurance Company as defined in Sec. 3(a)(19) of the Act
(d) [ ] Investment Company registered under Sec. 8 of the
Investment Company Act
(e) [ ] Investment Adviser registered under Sec. 203 of the
Investment Advisers Act of 1940
(f) [ ] Employee Benefit Plan, Pension Fund which is subject to
the provisions of the Employee Retirement Income
Security Act of 1974 or Endowment Fund; see Sec.
240.13d-1(b)(1)(ii)(F)
(g) [ ] Parent Holding Company, in accordance with Sec. 240.13d-
1(b)(ii)(G) (Note: See Item 7)
(h) [ ] Group, in accordance with Sec. 240.13d-1(b)(1)(ii)(H)
Item 4. Ownership (as of December 31, 1996)
(a) Amount Beneficially Owned: 295,000*
(b) Percent of Class: 5.8%
(c) Number of shares as to which such person has
(i) sole power to vote or to direct the vote: 295,000*
(ii) shared power to vote or to direct the vote: 0
(iii) sole power to dispose or to direct
the disposition of : 295,000*
(iv) shared power to dispose or to direct the
disposition of: 0
* Does not include 50,000 shares of Common Stock held by
members of a law firm of which Mr. Kozlov is a member. Mr.
Kozlov disclaims beneficial ownership of such shares. Includes
8,000 shares held under his name for the benefit of his minor
children.
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CUSIP No. 98157N 10 4 Page 5 of 6
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 hereof 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
Not Applicable.
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 Group
Not Applicable.
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CUSIP No. 98157N 10 4 Page 6 of 6
Item 10. Certification
By signing below I certify that, to the best of my knowledge,
the securities referred to above were acquired in the ordinary
course of business and were not acquired for the purpose
of and do not have the effect of changing or influencing the
control of the issuer of such securities and were not acquired
in connection with or as a participant in any transaction
having such purposes or effect.
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: February 12, 1997
/s/Herbert F. Kozlov
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Herbert F. Kozlov