SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
JJFN Services, Inc.
(Name of Issuer)
Common Stock, par value $.001 per share
(Title of Class of Securities)
46618S105
(CUSIP Number)
John Kushay
2500 Military Trail North
Suite 260
Boca Raton, Florida 33431
(561) 995-0043
(Name, Address, Telephone Number of Persons Authorized to Receive
Notices and Communications)
December 31, 1997 - January 22, 1998
(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 [ ].
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
David Miller
###-##-####
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ................................................. [ ]
(b) ................................................. [ ]
(3) SEC USE ONLY
(4) SOURCE OF FUNDS
Personal funds used to acquire an additional 1,200,000 shares
at $.15 per share.
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
USA
NUMBER OF (7) SOLE VOTING POWER
SHARES
BENEFICIALLY 2,665,868
OWNED BY EACH
REPORTING
PERSON WITH
(8) SHARED VOTING POWER
None
(9) SOLE DISPOSITIVE POWER
2,665,868
(10) SHARED DISPOSITIVE POWER
None
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
2,665,868
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
15.67%
(14) TYPE OF REPORTING PERSON
IN
Item 1. Security and Issuer
The securities as to which this Schedule 13D ("Schedule") relate
are the shares of common stock, $.001 par value per share ("Common
Stock"), of JJFN Services, Inc. (the "Issuer"). The address of
the Issuer's principal executive office is 2500 Military Trail North,
Suite 260, Boca Raton, Florida, 33431.
Item 2. Identity and Background
(a) David Miller ("Reporting Person").
(b) The Reporting Person's business address is
2500 Military Trail North, Suite 260, Boca Raton, FL 33431
(c) The Reporting Person is the Chairman of the Board
of Directors of the Issuer.
(d) The Reporting Person has not, during the last five
years, been convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors).
(e) The Reporting Person has not, during the last five
years, been a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction as a result of
which he was or is subject to a judgment, decree or final order
enjoining future violations of, or prohibiting or mandating
activities subject to, federal or state securities laws or a
finding of any violation with respect to such laws.
(f) The Reporting Person is a United States citizen.
Item 3. Source and Amount of Funds or Other Consideration
The Reporting Person acquired 1,200,000 shares of Common Stock
between December 31, 1997 and January 2, 1998 at $.15 per share for an
agreggate purchase price of $180,000. The purchase was funded with
personal funds. The purchases were made in private transactions.
Item 4. Purpose of Transaction
The Reporting Person is presently the Chairman of the
Board of the Issuer. The Reporting Person intends to continue to
participate in the management and operations of the Issuer. The
Reporting Person believes that the shares of Common Stock are an
attractive investment and purchased the shares of Common Stock
for investment purposes and not for the purpose of influencing
the management of the Issuer or exercising control.
The Reporting Person currently has no plans or
proposals (excluding action which may be taken or proposed to be
taken by the Board of Directors of which the Reporting Person is
a member) which relate to or would result in (a) the acquisition
by any person of additional securities of the Issuer or the
disposition of securities of the Issuer; (b) an extraordinary
corporate transaction, such as a merger, reorganization or
liquidation, involving the Issuer or any of its subsidiaries; (c)
a sale or transfer of a material amount of assets of the Issuer
or any of its subsidiaries; (d) any change in the present Board
of Directors or management of the issuer, including any plans or
proposals to change the number or term of directors or to fill
any existing vacancies on the Board; (e) any material change in
the present capitalization or dividend policy of the Issuer; (f)
any other material change in the Issuer's business or corporate
structure; (g) changes in the Issuer's charter, bylaws or
instruments corresponding thereto or other actions which may
impede the acquisition of control of the Issuer by any person;
(h) causing a class of securities of the Issuer to be delisted
from a national securities exchange or to cease to be authorized
to be quoted in an inter-dealer quotation system of a registered
national securities association; (i) a class of equity securities
of the Issuer becoming eligible for termination of registration
pursuant to Section 12(g)(4) of the Securities Exchange Act of
1934, as amended; or (j) any action similar to any of those
enumerated above.
Item 5. Interest in Securities of the Issuer
(a) The Reporting Person beneficially owns
2,665,868 shares of Common Common Stock of the Issuer which
represents approximately 15.67% of the outstanding shares of
Common Stock. As of December 31, 1997, 17,012,005 shares of
Common Stock were outstanding.
(b) The Reporting Person has sole voting and
dispositive power with respect to 2,665,868 shares of Common
Stock.
(c) The Reporting Person acquired 1,200,000 shares of
Common Stock between December 31, 1997 and Janauary 22, 1998 at $.15 per
share for an aggregate purchase price of $180,000. The purchases were made i
private transactions.
(d) Not Applicable.
(e) Not Applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships
with Respect to Securities of the Issuer
The Reporting Person is not a party to any
contract, arrangement, understanding or relationship (legal or
otherwise) with respect to any securities of the Issuer. The
Reporting Person is the Chairman of the Board of Directors of
the Issuer and has in the past and intends in the future to
exercise his vote and to serve the Issuer as a director in an
independent manner, and to vote his shares of Common Stock
individually and not pursuant to any understanding,
arrangement or agreement with any other persons.
Item 7. Material to be Filed as Exhibits
Not applicable.
Signatures
After reasonable inquiry and to the best of the knowledge
and belief of the undersigned, the undersigned certifies that the
information set forth in this Statement on Schedule 13D is true,
complete and correct.
/s/David Miller
David Miller
Date: January 23, 1998