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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. )*
Smartserv Online, Inc.
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(Name of Issuer)
Common Stock, $.01 Par Value
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(Title of Class of Securities)
83169 M 203
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(CUSIP Number)
Steven B. Rosner
SLD Capital Corp.
One Belmont Ave.
Suite 417
Bala Cynwyd, PA 19004
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(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
April 21, 2000
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(Date of Event which Requires Filing of this Statement)
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 box / /.
Check the following box if a fee is being paid with the statement / /. (A fee
is not required only if the reporting 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.)
Note: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) for other parties to whom copies are to be
sent.
*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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SCHEDULE 13D
CUSIP NO. 83169M203 PAGE 2 OF 5 PAGES
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Steven B. Rosner
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
PF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) OR 2(E) / /
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
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7 SOLE VOTING POWER
NUMBER OF
SHARES 403,300
BENEFICIALLY -----------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING
PERSON -----------------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
403,300
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10 SHARED DISPOSITIVE POWER
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
403,300
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* / /
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.9%
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14 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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Page 3 of 5 Pages
Item 1. Security and Issuer.
Smartserv Online, Inc. Common Stock, par value $.01 per share
Item 2. Identity and Background.
(a) The name of the person filing this Schedule is
Steven B. Rosner.
(b) The business address of Mr. Rosner is:
SLD Capital Corp.
One Belmont Avenue
Suite 417
Bala Cynwyd, PA 19004
(c) Mr. Rosner is President of SLD Capital Corp., a
company engaged in financial investments.
(d) None.
(e) None.
Item 3. Source and Amount of Funds or Other Consideration.
The aggregate amount of funds used by Mr. Rosner to purchase
the 403,300 shares of Smartserv Online, Inc. Common Stock
beneficially owned (or deemed, solely for the purposes of Rule
13d-3, to be beneficially owned) by him was approximately
$1,078,608.
Item 4. Purpose of Transaction.
Mr. Rosner acquired the common stock for investment purposes.
He has no present plans or proposals which would relate to one
result in any of the matters referred to in subparagraphs (a)
- (j) of Item 4 of Schedule 13D.
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Page 4 of 5 Pages
Item 5. Interest in Securities of the Issuer.
(a) Mr. Rosner beneficially owns 401,300 shares of common
stock of Smartserv Online, Inc. acquired through (i) the
purchase of 202,500 shares of common stock; (ii) the
exercise of warrants to purchase 200,000 shares of common
stock and (iii) the purchase of publicly-traded warrants
to purchase 800 shares of common stock.
(b) Mr. Rosner holds sole voting and dispositive power over
all 403,300 shares of Smartserv Online, Inc. stock he
currently beneficially owns.
(c) During the past 60 days, Mr. Rosner (i) exercised
warrants to purchase 100,000 shares of Smartserv Online,
Inc. common stock at a price of $2.625 per share; (ii)
exercised warrants to purchase 100,000 shares of
Smartserv Online, Inc. common stock at a price of $3.625
per share; (iii) purchased 2,500 shares of common
stock at a price of $51.125 per share; and (iv)
purchased 2,000 shares of common stock at a price of
$43.50 per share.
(d) None.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or
Relationship With respect to Securities of the Issuer.
None.
Item 7. Materials to be Filed as Exhibits.
None.
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Page 5 of 5 Pages
SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, the undersigned certifies that the information set forth in the
Statement is true, correct and complete.
DATED: July 25, 2000
/s/ Steven B. Rosner
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Steven B. Rosner
