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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13G
(Rule 13d-102)
INFORMATION STATEMENT PURSUANT TO RULES 13D-1 AND 13D-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 3)
PICK Communications Corp.
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(Name of Issuer)
Common Stock, $.001 par value
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(Title of Class of Securities)
719569 10 5
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(CUSIP Number)
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Page 1 of 4 pages
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CUSIP NO. 719569 10 5 13G Page 2 of 4 Pages
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1 NAME OF REPORTING PERSON
Diego Leiva
S.S. OR I.R.S. IDENTIFICATION NUMBER OF ABOVE PERSON
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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 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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5 SOLE VOTING POWER
9,598,609 shares of Common Stock
NUMBER OF
SHARES ----------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH 4,290,000 shares of Common Stock
REPORTING
PERSON ----------------------------------------------------
WITH
7 SOLE DISPOSITIVE POWER
9,598,609 shares of Common Stock
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8 SHARED DISPOSITIVE POWER
4,290,000 shares of Common Stock
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
13,888,609 (See item 4).
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES
[ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
35.6%
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12 TYPE OF REPORTING PERSON
IN
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Page 3 of 4
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 $.001 per
share (the "Shares")
Item 2(e). CUSIP Number: 719569 10 5
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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) Amount Beneficially Owned:13,888,609 shares of Common Stock including
1,500,000 shares issuable upon the exercise of currently exercisable options
held by Mr. Leiva and 4,290,000 shares held by Mr. Leiva's wife.
(b) Percent of Class: 35.6%
(c) Number of Shares as to which such person has:
(i) Sole power to vote or to direct the vote: Owned:9,598,609 shares of
Common Stock including 1,500,000 shares issuable upon the exercise of currently
exercisable options held by Mr. Leiva.
(ii) Shared power to vote or to direct the vote: 4,290,000 shares
of Common Stock held by Mr. Leiva's wife.
(iii) Sole power to dispose or to direct the disposition of
Owned:9,598,609 shares of Common Stock including 1,500,000 shares issuable upon
the exercise of currently exercisable options held by Mr. Leiva.
(iv) Shared power to dispose or to direct the disposition of:
4,290,000 shares of Common Stock held by Mr. Leiva's wife.
Items 5 - 10: Inapplicable
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Page 4 of 4
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 4, 1999
/s/ Diego Leiva
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Diego Leiva
Chairman of the Board,
Chief Executive Officer and
President
