UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
Under the Securities Exchange Act of 1934
Fidelity Holdings, Inc.
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(Name of Issuer)
Common Stock, $.001 par value
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(Title of Class of Securities)
31617J-10-8
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(CUSIP Number)
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CUSIP No. 31617J-10-8
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1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Doron Cohen
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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
Israel
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5 Sole Voting Power
Number of
Shares 1,750,000
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting
Person --------------------------------------------------------
With 7 Sole Dispositive Power
2,500,000
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8 Shared Dispositive Power
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9 Aggregate Amount Beneficially Owned by Each Reporting Person
2,500,000
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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)
34.5%
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12 Type of Reporting Person
IN
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SEE INSTRUCTIONS BEFORE FILLING OUT!
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Item 1(a). NAME OF ISSUER:
Fidelity Holdings, Inc.
Item 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
80-02 Kew Gardens Road, Kew Gardens, NY 11415
Item 2(a). NAME OF PERSON FILING:
Doron Cohen
Item 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE, OR, IF NONE, RESIDENCE:
80-02 Kew Gardens Road, Kew Gardens, NY 11415
Item 2(c). CITIZENSHIP:
Israel
Item 2(d). TITLE OF CLASS OF SECURITIES:
Common Stock
Item 2(e): CUSIP NUMBER:
31617J-10-8
Item 3: REPORTING PERSON:
IN
Item 4. OWNERSHIP:
See responses to Items 5-11 on page 2 above.
Item 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
Not Applicable
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Item 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:
Not Applicable
Item 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY:
Not Applicable
Item 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:
Not Applicable
Item 9. NOTICE OF DISSOLUTION OF GROUP:
Not Applicable
Item 10. CERTIFICATION:
Not Applicable
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.
Date: May 29, 1998
/s/ Doron Cohen
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Doron Cohen
