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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(AMENDMENT NO. 1)
UNDER THE SECURITIES EXCHANGE ACT OF 1934
MEDICAL ALLIANCE, INC.
(Name of issuer)
COMMON STOCK
(Title of class of securities)
58449S 10 5
(CUSIP Number)
Check the following box if a fee is being paid with this statement[ ]. (A fee is
not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
*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 of 9 Pages
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<TABLE>
<S> <C>
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CUSIP NO. 58449S 10 5 13G PAGE 2 OF 9 PAGES
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
MORRIS MORELAND
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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
UNITED STATES
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5 SOLE VOTING POWER
NUMBER OF
SHARES 96,312
BENEFICIALLY -----------------------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 0
PERSON -----------------------------------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
96,312
-----------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
97,812
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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)
1.6 %
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12 TYPE OF REPORTING PERSON
IN
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</TABLE>
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<TABLE>
<S> <C>
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CUSIP NO. 58449S 10 5 13G PAGE 3 OF 9 PAGES
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
SATANA CORPORATION
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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
TEXAS
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5 SOLE VOTING POWER
NUMBER OF
SHARES 492,645
BENEFICIALLY -----------------------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 0
PERSON -----------------------------------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
492,645
-----------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
494,645
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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)
8.1 %
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12 TYPE OF REPORTING PERSON
CO
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</TABLE>
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Item 1(a). Name of Issuer.
The name of the Issuer is Medical Alliance, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices.
The Issuer's principal executive offices are located at 2445
Gateway Drive, Suite 150, Irving, Texas 75063.
Item 2(a). Name of Persons Filing.
This statement is being filed on behalf of Morris Moreland and
Satana Corporation.
Item 2(b). Address of Principal Business Office or, if none, Residence.
The address of the principal business office of Morris Moreland is
1700 Clubview Drive, Amarillo, Texas 79124. The address of the principal
business office of Satana Corporation is National Plaza 2, Suite 102,
Amarillo, Texas 79101.
Item 2(c). Citizenship.
Morris Moreland is a citizen of the United States. Satana
Corporation ("Satana") is a Texas corporation.
Item 2(d). Title of Class of Securities.
This statement relates to shares of Common Stock of the Issuer (the
"Common Stock").
Item 2(e). CUSIP Number.
The CUSIP No. for the shares of Common Stock of the Issuer is
58449S 10 5.
Item 3. Not Applicable.
Page 4 of 9 Pages
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Item 4. Ownership.
(a)-(b) As of December 31, 1997, Morris Moreland beneficially owned
97,812 shares, or 1.6%, of the Common Stock; he owned all such
shares in his individual capacity. He owned 96,312 of such shares
directly and 1,500 of such shares pursuant to an option.
As of December 31, 1997, Satana beneficially owned 494,645
shares, or 8.1%, of the Common Stock. Satana beneficially owned
492,645 of such shares directly and 2,000 of such shares pursuant
to an option.
(c)(i)-(iv) Voting and Dispositive Power
Morris Moreland has the sole power to vote or direct the vote of
96,312 shares of Common Stock. Morris Moreland does not share power
to vote or to direct the vote of any shares of Common Stock. Morris
Moreland has the sole power to dispose or direct the disposition of
96,312 shares of Common Stock. Morris Moreland does not share power
to dispose or to direct the disposition of any shares of Common
Stock. Morris Moreland does not have the power to dispose of or
vote the 1,500 shares of Common Stock beneficially owned through an
option, because the option has not been exercised and is not
transferable.
Satana has the sole power to vote or to direct the vote of 492,645
shares of Common Stock. Satana does not share power to vote or
direct the vote of any Common Stock. Satana has the sole power to
dispose or direct the disposition of 492,645 shares of Common
Stock. Satana does not share power to dispose or direct the
disposition of any shares of Common Stock. Satana does not have
power to dispose of or vote the 2,000 shares of Common Stock
beneficially owned through an option, because the option has not
been exercised and is not transferable.
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial
owner of more than five percent of the class of securities, check
the following [X].
Instruction: Dissolution of a group requires a response to this
item.
On April 30, 1997, Morris Moreland resigned his position as an
executive officer of Satana. Accordingly, as of April 30,1997,
Morris Moreland was not deemed to have beneficially owned the
shares of Common Stock owned by Satana and, as a result, as of
December 31,1997, Morris Moreland was not deemed to be the
beneficial owner of more than five percent of the Common Stock.
Page 5 of 9 Pages
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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.
See Exhibit B attached hereto and incorporated herein for all
purposes.
Item 10. Certification.
Not applicable
Page 6 of 9 Pages
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CUSIP NO. 58449S 10 5 13G PAGE 7 OF 9 PAGES
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After reasonable inquiry and to the best of our knowledge and belief, we
certify that the information set forth in this statement is true, complete and
correct.
Date: January 6, 1998
/s/ Morris Moreland
------------------------------
Morris Moreland
SATANA CORPORATION
By: /s/ Joe K. Howell
------------------------------
Name: Joe K. Howell
Its Vice President
EXHIBIT INDEX
Exhibit A Agreement Pursuant to Rule 13d-1(f)(1)(iii).
Exhibit B Notice of Dissolution of Group.
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CUSIP NO. 58449S 10 5 13G PAGE 8 OF 9 PAGES
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Exhibit A
Pursuant to Rule 13d-1(f)(1)(iii) of Regulation 13D-G of the General Rules
and Regulations of the Securities and Exchange Commission under the Securities
Exchange Act of 1934, as amended, the undersigned agree that the statement to
which this Exhibit is attached is filed on behalf of each of them in the
capacities set forth hereinbelow.
Date: January 6, 1998
/s/ Morris Moreland
------------------------------
Morris Moreland
SATANA CORPORATION
By: /s/ Joe K. Howell
------------------------------
Name: Joe K. Howell
Its Vice President
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CUSIP NO. 58449S 10 5 13G PAGE 9 OF 9 PAGES
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Exhibit B
NOTICE OF DISSOLUTION OF GROUP
Notice is hereby given that, effective April 30,1997, the group (within the
meaning of Rule 13d-2(f) of Regulation 13D-G of the General Rules and
Regulations of the Securities and Exchange Commission under the Securities
Exchange Act of 1934, as amended) consisting of Morris Moreland and Satana
Corporation (the "Group") was dissolved. All further filings with respect to
transactions in the securities of Medical Alliance, Inc., will be filed, if
required, by the members of the Group in their respective individual capacities.
