SMARTSERV ONLINE INC
SC 13G, 1997-02-14
COMPUTER PROCESSING & DATA PREPARATION
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                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                  SCHEDULE 13G


                    UNDER THE SECURITIES EXCHANGE ACT OF 1934

                              (AMENDMENT NO. ___)*



                             SmartServ Online, Inc.
     ---------------------------------------------------------------------
                                (Name of Issuer)

                     Common Stock, $.01 par value per share
     ---------------------------------------------------------------------
                         (Title of Class of Securities)

                                   83169 M 104
                         ------------------------------
                                 (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
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).

SEC 1745 (2-95)
                                Page 1 of 4 pages


<PAGE>



                                       13G

- ---------------------                                          -----------------
CUSIP NO. 83169 M 104                                          PAGE 2 OF 4 PAGES
- ---------------------                                          -----------------
================================================================================
1          NAME OF REPORTING PERSON
           S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

           Sebastian E. Cassetta
- --------------------------------------------------------------------------------
2          CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*         (a) [_]
                                                                     (b) [_]


- --------------------------------------------------------------------------------
3          SEC USE ONLY



- --------------------------------------------------------------------------------
4          CITIZENSHIP OR PLACE OF ORGANIZATION

           U.S.A.

- --------------------------------------------------------------------------------
                                 5          SOLE VOTING POWER
         
                                            359,250
         
                              --------------------------------------------------
                                 6          SHARED VOTING POWER
        NUMBER OF  
         SHARES                             0
      BENEFICIALLY 
        OWNED BY              --------------------------------------------------
          EACH                   7          SOLE DISPOSITIVE POWER
        REPORTING  
         PERSON                             359,250
          WITH     
                              --------------------------------------------------
                                 8          SHARED DISPOSITIVE POWER

                                            0

- --------------------------------------------------------------------------------
9          AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

           359,250

- --------------------------------------------------------------------------------
10         CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
                                                                           [_]


- --------------------------------------------------------------------------------
11         PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

           9.7%

- --------------------------------------------------------------------------------
12         TYPE OF REPORTING PERSON*

           IN

- --------------------------------------------------------------------------------
                      *SEE INSTRUCTIONS BEFORE FILLING OUT!

SEC 1745 (2-95) 
                                Page 2 of 4 pages

<PAGE>



                                  SCHEDULE 13G

ITEM 1(A). NAME OF ISSUER:

           SmartServ Online, Inc.

ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

           Metro Center
           One Station Place
           Stamford, Connecticut 06902

ITEM 2(A). NAME OF PERSON FILING:

           Sebastian E. Cassetta

ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:

           Principal business office address of the undersigned:
           c/o SmartServ Online, Inc.
           Metro Center
           One Station Place
           Stamford, Connecticut 06902

ITEM 2(C). CITIZENSHIP:

           U.S.A.

ITEM 2(D). TITLE OF CLASS OF SECURITIES:

           Common Stock, $.01 par value per share

ITEM 2(E). CUSIP NUMBER:

           83169 M 104

ITEM 3.    IF THIS  STATEMENT  IS FILED PURSUANT TO RULES 13D-1(b), OR 13D-2(b),
           CHECK  WHETHER THE PERSON FILING IS A:

           N/A

ITEM 4.    OWNERSHIP.  As of December 31, 1996:

           (a)    Amount beneficially owned:        359,250


SEC 1745 (2-95)
                                Page 3 of 4 pages


<PAGE>


           (b)    Percent of class:      9.7%

           (c)    Number of shares as to which such person has:

                  (i)    Sole power to vote or direct the vote:   359,250

                  (ii)   Shared power to vote or direct the vote:  0

                  (iii)  Sole power to dispose or direct the disposition of:
                         359,250

                  (iv)   Shared power to dispose or direct the disposition of:
                         0

ITEM 5.    OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.

           N/A

ITEM 6.    OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.

           N/A

ITEM 7.    IDENTIFICATION  AND  CLASSIFICATION  OF THE SUBSIDIARY WHICH ACQUIRED
           THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.

           N/A

ITEM 8.    IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.

           N/A

ITEM 9.    NOTICE OF DISSOLUTION OF GROUP.

           N/A

ITEM 10.   CERTIFICATION.

           N/A


                                    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 10, 1997

                                             /s/ Sebastian E. Cassetta
                                             ----------------------------
                                             Sebastian E. Cassetta


SEC 1745 (2-95)
                                Page 4 of 4 pages



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