SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13G
Information Statement Pursuant to Rules 13d-1 and 13d-2
Under the Securities Exchange Act of 1934
PICK Communications Corp.
(Name of Issuer)
Common Stock, $.002 par value
(Title of Class of Securities)
719569 10 5
(CUSIP Number)
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Page 1 of 4 pages
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SCHEDULE 13G
CUSIP No. 719569 10 5
1) NAME OF REPORTING PERSON
Diego Leiva
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
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
12,467,000 shares of Common Stock
NUMBER 6) SHARED VOTING POWER
OF SHARES None
BENEFICIALLY
OWNED BY 7) SOLE DISPOSITIVE POWER
EACH 12,467,000 shares of Common Stock
REPORTING
PERSON WITH 8) SHARED DISPOSITIVE POWER
None
9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
12,467,000 (See item 4).
10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES [ ]
11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
28.7%
12) TYPE OF REPORTING PERSON
IN
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Item 1(a). Name of Issuer: PICK Communications Corp.
Item 1(b). Address of Issuer's Principal Executive Offices:
Wayne Interchange Plaza II
155 Route 46 West
Wayne, New Jersey 07470
Item 2(a). Name of Person Filing: Diego Leiva
Item 2(b). Address of Principal Business Office or, if None, Residence:
Wayne Interchange Plaza II
155 Route 46 West
Wayne, New Jersey 07470
Item 2(c). Citizenship: United States
Item 2(d). Title of Class of Securities: Common Stock, par value $.002 per
share (the "Shares")
Item 2(e). CUSIP Number: 719569 10 5
Item 3. If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b),
check whether the person filing is a: Inapplicable
Item 4. Ownership:
(a) 12,467,000 shares of Common Stock including (i) 4,290,000 shares
beneficially owned by Mr. Leiva's wife, (ii) 792,000 shares beneficially owned
by a trust for Mr. Leiva's son for which Mr. Leiva serves as trustee, (iii)
792,000 shares beneficially owned by a trust for Mr. Leiva's daughter for which
Mr. Leiva serves trustee and (iii) 500,000 shares issuable upon the exercise of
currently exercisable options held by Mr. Leiva.
(b) This figure represents 28.7% of the outstanding Shares of the Issuer
based upon 43,012,016 shares outstanding as of December 31, 1996.
(c) Number of Shares as to which such person has:
(i) Sole power to vote or to direct the vote: 12,467,000 shares of
Common Stock including 500,000 shares of Common Stock issuable upon the
exercise of currently exercisable options held by Mr. Leiva.
(ii) Shared power to vote or to direct the vote: None
(iii) Sole power to dispose or to direct the disposition of
12,467,000 shares of Common Stock, including 500,000 shares of Common Stock
issuable upon the exercise of currently exercisable options held by Mr. Leiva.
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(iv) Shared power to dispose or to direct the disposition of: None
Items 5 - 10: 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.
Dated: February 13, 1997
/s/ Diego Leiva
Diego Leiva
Chairman of the Board,
Chief Executive Officer and
President
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