SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. _______)*
PROSOFT TRAINING.COM, INC.
(Name of Issuer)
Common Stock, par value $0.001 per share
(Title of Class of Securities)
743477101
(CUSIP Number)
November 22, 1999
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to
which this Schedule is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
* The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to
the subject class of securities, and for any subsequent amendment
containing information which would alter the disclosures provided
in a prior cover page.
The information required in the remainder of this cover page
shall not be deemed to be "filed" for the purpose of Section 18
of the Securities Exchange Act of 1934 ("Act") or otherwise
subject to the liabilities of that section of the Act but shall
be subject to all other provisions of the Act (however, see the
Notes).
<PAGE>
(1) Name of Reporting Person Hunt Capital Growth Fund II, L.P.
I.R.S. Identification No. of Above Person (entities only)
- -----------------------------------------------------------------
(2) Check the Appropriate Box if a (a) [ ]
Member of a Group* (b) [X]
- -----------------------------------------------------------------
(3) SEC Use Only
- -----------------------------------------------------------------
(4) Place of Organization Delaware
- -----------------------------------------------------------------
Number of Shares
Beneficially
Owned by Each
Reporting Person
With: (5) Sole Voting Power 1,142,857
- -----------------------------------------------------------------
(6) Shared Voting Power 0
- -----------------------------------------------------------------
(7) Sole Dispositive Power 1,142,857
- -----------------------------------------------------------------
(8) Shared Dispositive Power 0
- -----------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned 1,142,857
by Each Reporting Person
- -----------------------------------------------------------------
(10) Check if the Aggregate Amount in [ ]
Row (9) Excludes Certain Shares*
- -----------------------------------------------------------------
(11) Percent of Class Represented by 7.94%
Amount in Row (9)
- -----------------------------------------------------------------
(12) Type of Reporting Person* PN
- -----------------------------------------------------------------
* SEE INSTRUCTIONS
<PAGE>
(1) Name of Reporting Person Hunt Capital Management, L.L.C.
I.R.S. Identification No. of Above Person (entities only)
- -----------------------------------------------------------------
(2) Check the Appropriate Box if a (a) [ ]
Member of a Group* (b) [X]
- -----------------------------------------------------------------
(3) SEC Use Only
- -----------------------------------------------------------------
(4) Citizenship Texas
- -----------------------------------------------------------------
Number of Shares
Beneficially
Owned by Each
Reporting Person
With: (5) Sole Voting Power 0
- -----------------------------------------------------------------
(6) Shared Voting Power 1,142,857
- -----------------------------------------------------------------
(7) Sole Dispositive Power 0
- -----------------------------------------------------------------
(8) Shared Dispositive Power 1,142,857
- -----------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned 1,142,857
by Each Reporting Person
- -----------------------------------------------------------------
(10) Check if the Aggregate Amount in [ ]
Row (9) Excludes Certain Shares*
- -----------------------------------------------------------------
(11) Percent of Class Represented by 7.94%
Amount in Row (9)
- -----------------------------------------------------------------
(12) Type of Reporting Person* OO
- -----------------------------------------------------------------
* SEE INSTRUCTIONS
<PAGE>
(1) Name of Reporting Person Hunt Capital Growth, L.P.
I.R.S. Identification No. of Above Person (entities only)
- -----------------------------------------------------------------
(2) Check the Appropriate Box if a (a) [ ]
Member of a Group* (b) [X]
- -----------------------------------------------------------------
(3) SEC Use Only
- -----------------------------------------------------------------
(4) Citizenship Texas
- -----------------------------------------------------------------
Number of Shares
Beneficially
Owned by Each
Reporting Person
With: (5) Sole Voting Power 0
- -----------------------------------------------------------------
(6) Shared Voting Power 1,142,857
- -----------------------------------------------------------------
(7) Sole Dispositive Power 0
- -----------------------------------------------------------------
(8) Shared Dispositive Power 1,142,857
- -----------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned 1,142,857
by Each Reporting Person
- -----------------------------------------------------------------
(10) Check if the Aggregate Amount in [ ]
Row (9) Excludes Certain Shares*
- -----------------------------------------------------------------
(11) Percent of Class Represented by 7.94%
Amount in Row (9)
- -----------------------------------------------------------------
(12) Type of Reporting Person* PN
- -----------------------------------------------------------------
* SEE INSTRUCTIONS
<PAGE>
Item 1(a). Name of issuer:
ProsoftTraining.com, Inc. (the "Issuer")
Item 1(b). Address of Issuer's principal executive
offices:
3001 Bee Caves Road, Suite 100, Austin, Texas 78746
Item 2(a) - (c).Name, Address and Citizenship of Persons Filing:
See cover pages
1. Relationship of filing persons:
Hunt Capital Management, L.L.C., a Texas
limited liability company, is the sole general
partner of Hunt Capital Growth, L.P., the sole
general partner of Hunt Capital Growth Fund II,
L.P. Additionally, information is included herein
with respect to J.R. Holland, Jr. in his capacity
as President of Hunt Capital Management, L.L.C.
2. Address of Principal Business Office or
if none Residence:
For Hunt Capital Growth Fund II, L.P.;
Hunt Capital Growth, L.P.; and Hunt Capital
Management, L.L.C.:
1601 Elm Street
4000 Thanksgiving Tower
Dallas, Texas 75201
3. Citizenship: See cover pages
Item 2(d). Title of class of securities:
Common Stock, $0.001 par value per
share, of the Issuer.
Item 2(e). CUSIP No.:
743477101
Item 3. If this statement is filed pursuant to Sections 13d-
1(b), or 13d-2(b) or (c), check whether the person
filing is a:
(a) [ ] Broker or dealer registered
under section 15 of the Act (15 U.S.C. 78c);
(b) [ ] Bank as defined in section
3(a)(6) of the Act (15 U.S.C. 78c);
(c) [ ] Insurance company as defined
in section 3(a)(19) of the Act (15 U.S.C. 78c);
<PAGE>
(d) [ ] Investment company registered
under section 8 of the Investment Company Act
of 1940 (15 U.S.C. 80a-8);
(e) [ ] An investment adviser in
accordance with 240.13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or
endowment fund in accordance with
240.13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or
control person in accordance with
240.13d-1(b)(ii)(G);
(h) [ ] A savings association as
defined in section 3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813);
(i) [ ] A church plan that is excluded
from the definition of an investment company
under section 3(c)(14) of the Investment
Company Act of 1940 (15 U.S.C. 80a-3);
(j) [ ] Group, in accordance with
240.13d-1(b)(1)(ii)(J)
Not applicable.
Item 4. Ownership:
As of the close of business on November 22, 1999, the Reporting
Persons may be deemed to beneficially own, in the aggregate,
1,142,857 shares of Common Stock of the Issuer, representing
approximately 7.94% of the Issuer's outstanding shares of Common
Stock (based upon the 14,395,198 shares of Common Stock stated to
be outstanding as of October 22, 1999 by the Issuer in the
Schedule 14A filed by the Issuer with the Securities and Exchange
Commission on November 12, 1999, File No. 0-21535).
Hunt Capital Growth Fund II, L.P. has the sole power to vote and
dispose of the 1,142,857 shares of Common Stock beneficially
owned by it. However, as the sole general partner of Hunt Capital
Growth Fund II, L.P., Hunt Capital Growth L.P. and its sole
general partner, Hunt Capital Management, L.L.C., may be deemed,
for purposes of determining beneficial ownership pursuant to Rule
13d-3, to have shared power to vote, or direct the vote of, or
dispose of, or direct the disposition of, the 1,142,857 shares of
Common Stock owned directly by Hunt Capital Growth Fund II, L.P.
J.R. Holland, Jr. is the President of Hunt Capital Management,
L.L.C.
<PAGE>
The filing of this Statement on Schedule 13G shall not be
construed as an admission that either Hunt Capital Growth L.P. or
Hunt Capital Management, L.L.C. is, for the purposes of Section
13(d) or 13(g) of the Securities Exchange Act of 1934, as
amended, the beneficial owner of any of the 1,142,857 shares of
Common Stock directly owned by Hunt Capital Growth Fund II, L.P.
Item 5. Ownership of five percent or less of a class:
Not Applicable.
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 or control person:
Not Applicable.
Item 8. Identification and classification of members of the
group:
This Statement on Schedule 13G has been filed by a
group under Rule 13d-1(d). Attached as Annex A is a
Joint Filing Statement executed by each member of such
group.
Item 9. Notice of dissolution of group:
Not Applicable.
Item 10. Certifications:
By signing below, I certify that, to the best of my
knowledge and belief, the securities referred to above were not
acquired and are not held for the purpose of or with the effect
of changing or influencing the control of the issuer of the
securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose
or effect.
[Signature page follows]
<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.
Dated: December 1, 1999
HUNT CAPITAL GROWTH FUND II, L.P.
By: HUNT CAPITAL GROWTH, L.P.
its general partner
By: HUNT CAPITAL
MANAGEMENT, L.L.C., its
general partner
By: /s/ J.R. HOLLAND, JR.
-------------------------
J.R. Holland, Jr.
President
ATTENTION: Intentional misstatements or
omissions of fact constitute Federal
criminal violations (See 18 U.S.C. 1001)
<PAGE>
EXHIBIT A
JOINT FILING STATEMENT
Pursuant to Rule 13d-1(k)(1), we, the undersigned, hereby
express our agreement that the attached Schedule 13G is filed on
behalf of each of us.
Dated: December 1, 1999
HUNT CAPITAL GROWTH FUND II, L.P.
By: HUNT CAPITAL GROWTH, L.P.
its general partner
By: HUNT CAPITAL
MANAGEMENT, L.L.C., its
general partner
By: /s/ J.R. HOLLAND, JR.
---------------------
J.R. Holland, Jr.
President
HUNT CAPITAL GROWTH, L.P.
By: HUNT CAPITAL MANAGEMENT, L.L.C.,
its general partner
By: /s/ J.R. HOLLAND, JR.
----------------------
J.R. Holland, Jr.
President
HUNT CAPITAL MANAGEMENT, L.L.C.
By: /s/ J.R. HOLLAND, JR.
---------------------
J.R. Holland, Jr.
President
