OMB APPROVAL
SECURITIES AND EXCHANGE COMMISSION
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SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
(Amendment No. 1)
The Recovery Network, Inc.
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(Name of Issuer)
Common Stock, $.01 par value per share
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(Title of Class of Securities)
75627A 10 2
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(CUSIP Number)
Page 1 of 4 pages
<PAGE>
CUSIP No. 75627A 10 2 13G Page 2 of 4 Pages
----------- ----- ----
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
William D. Moses
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
NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 830,750
OWNED BY
EACH
REPORTING
PERSON
WITH 6 SHARED VOTING POWER
0
7 SOLE DISPOSITIVE POWER
830,750
8 SHARED DISPOSITIVE POWER
0
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
830,750
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
10.7%
12 TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 4 pages
<PAGE>
Except as to Item 4, no change has occurred with respect to the answer
to any items of this Schedule from the information last reported in respect of
such item.
Item 4. Ownership. As of December 31, 1998:
(a) Amount beneficially owned:
830,750 shares. Includes: (i) 387,356 shares of
Common Stock, par value $.01 per share ("Common
Stock"), held in trust for the benefit of Mr. Moses'
child; (ii) 43,750 shares of Common Stock issuable
upon exercise of warrants at $5.50 per share; and
(iii) 201,801 shares of Common Stock issuable upon
exercise of stock options, of which 12,915 shares may
be purchased at $5.00 per share, 159,722 shares may
be purchased at $1.56 per share and 29,166 shares may
be purchased at $1.63 per share. Pursuant to Rule
13d-3, under the Securities Exchange Act of 1934, as
amended, the foregoing includes options that were
exercisable on or within 60 days of December 31,
1998.
Does not include 31,944 shares of Common Stock
issuable upon exercise of stock options exercisable
at $1.56 per share. Mr. Moses may acquire 1,389 of
such shares on March 4, 1999 and on the forth day of
each month thereafter through January 4, 2000 and
1,386 of such shares on February 4, 2000.
Also does not include 20,834 shares of Common Stock
issuable upon exercise of stock options exercisable
at $1.63 per share. Mr. Moses may acquire 4,166 of
such shares on March 28, 1999 and on the
twenty-eighth day of each month thereafter through
June 28, 1999 and 4,170 of such shares on July 28,
1999.
(b) Percent of Class:
10.7%
(c) Number of shares as to which such person has:
(i) sole power to vote or direct the vote: 830,750
(ii) shared power to vote or direct the vote:
None
(iii) sole power to dispose or direct the disposition
of:
830,750
(iv) shared power to dispose or direct the
disposition of:
None
Page 3 of 4 pages
<PAGE>
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.
February 16, 1999
--------------------------
Date
/s/ William D. Moses
--------------------------
Signature
William D. Moses
--------------------------
Name/Title
Note. Six Copies of this statement, including all exhibits, should be
filed with the Commission.
Attention. Intentional misstatements or omissions of fact constitute
federal criminal violations (see 18 U.S.C. 1001).
Page 4 of 4 pages
