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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
SmarTalk TeleServices, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
83169A100
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(CUSIP Number)
*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).
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CUSIP NO. 83169A100
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NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Robert H. Lorsch
(Mr. Lorsch chooses not to disclose his S.S. No.)
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
2 (a) [_]
(b) [_]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
UNITED STATES OF AMERICA
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SOLE VOTING POWER
5
NUMBER OF 4,773,143
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
0
OWNED BY
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EACH SOLE DISPOSITIVE POWER
7
REPORTING 4,773,143
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
0
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
4,773,143
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
10 (SEE INSTRUCTIONS)
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
36.85%
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
12
IN
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Item 1
(a) Name of Issuer:
SmarTalk TeleServices, Inc.
(b) Address of Issuer's Principal Executive Offices:
1640 South Sepulveda Boulevard, Suite 500, Los Angeles,
California 90025
Item 2
(a) Name of Person(s) Filing:
Robert H. Lorsch
(b) Address of Principal Business Office:
1640 South Sepulveda Boulevard, Suite 500, Los Angeles,
California 90025
(c) Citizenship:
United States of America
(d) Title of Class of Securities:
Common Stock
(e) CUSIP Number:
83169A100
Item 3 If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b),
check whether the person filing is a:
Not applicable.
Item 4 Ownership
(a) Amount Beneficially Owned:
4,773,143 shares
(b) Percent of Class:
36.85%
(c) Number of shares as to which such person has:
i) sole power to vote or to direct the vote
4,773,143
ii) shared power to vote or to direct the vote
0
iii) sole power to dispose or to direct the disposition of
4,773,143
iv) shared power to dispose or to direct the disposition of
0
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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
Not applicable.
Item 8 Identification and Classification of Members of the Group
Not applicable.
Item 9 Notice of Dissolution of a Group
Not applicable.
Item 10 Certification
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: March 5, 1997
By: /s/Robert H. Lorsch
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Name: Robert H. Lorsch
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Title: Chairman of the Board of Directors,
President and Chief Executive Officer
