COAST DENTAL SERVICES INC
SC 13G, 1998-02-17
OFFICES & CLINICS OF DOCTORS OF MEDICINE
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<PAGE>   1
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G
                   Under the Securities Exchange Act of 1934


                          COAST DENTAL SERVICES, INC.
_______________________________________________________________________________
                                (Name of Issuer)

                                     COMMON
_______________________________________________________________________________
                         (Title of Class of Securities)

                                  19034H 10 2
_______________________________________________________________________________
                                 (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).


<PAGE>   2

CUSIP NO. 19034H 10 2                13G                            Page 2 of 8
________________________________________________________________________________



     1) Names of Reporting Persons/ I.R.S. Identification Nos. of Above Persons
        (Entities Only)

                       DIASTI FAMILY LIMITED PARTNERSHIP
 ______________________________________________________________________________
     2) Check the Appropriate Box if a Member of a Group (See Instructions)
        (a) [x]
        (b) [ ]
______________________________________________________________________________
     3) SEC Use Only

______________________________________________________________________________
     4) Citizenship or Place of Organization
                                     NEVADA
 ______________________________________________________________________________


<TABLE>
<S>           <C>
              (5) Sole Voting Power
 Number of           2,472,200*
   Shares     (6) Shared Voting Power
Beneficially             0
  Owned by    (7) Sole Dispositive Power
    Each             2,47,200*
 Reporting    (8) Shared Dispositive Power
   Person                0
    With      *Through its general partner DLP Management, Inc.
</TABLE>

______________________________________________________________________________
     9) Aggregate Amount Beneficially Owned by Each Reporting Person
                                   2,472,200
______________________________________________________________________________
     10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares  [ ]
         (See Instructions)
______________________________________________________________________________
     11) Percent of Class Represented by Amount in Row (9)

32.5% based upon approximately 7,599,871 of common stock outstanding on
December 31, 1997.
______________________________________________________________________________
     12) Type of Reporting Person (See Instructions)  PN
______________________________________________________________________________


<PAGE>   3

CUSIP NO. 19034H 10 2                13G                            Page 3 of 8
_______________________________________________________________________________



     1) Names of Reporting Persons/ I.R.S. Identification Nos. of Above Persons
        (Entities Only)

                              DLP MANAGEMENT, INC.
______________________________________________________________________________
     2) Check the Appropriate Box if a Member of a Group (See Instructions)
        (a) [x]
        (b) [ ]
______________________________________________________________________________
     3) SEC Use Only
______________________________________________________________________________
     4) Citizenship or Place of Organization
                                     NEVADA
______________________________________________________________________________

______________________________________________________________________________


<TABLE>
<S>           <C>
              (5) Sole Voting Power
 Number of        2,472,200*
   Shares     (6) Shared Voting Power
Beneficially              0
  Owned by    (7) Sole Dispositive Power
    Each          2,472,200*
 Reporting    (8) Shared Dispositive Power
   Person                 0
    With      *As the general partner for the Diasti Family Limited Partnership.
</TABLE>

______________________________________________________________________________
     9) Aggregate Amount Beneficially Owned by Each Reporting Person

                                   2,472,200
______________________________________________________________________________
     10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares  [ ]
         (See Instructions)
______________________________________________________________________________
     11) Percent of Class Represented by Amount in Row (9)

32.5% based upon approximately 7,599,871 shares of common stock outstanding on
December 31, 1997.
______________________________________________________________________________
     12) Type of Reporting Person (See Instructions) CO

______________________________________________________________________________


<PAGE>   4

   
CUSIP NO. 19034H 10 2                13G                            Page 4 of 8
________________________________________________________________________________
    



     1) Names of Reporting Persons/ I.R.S. Identification Nos. of Above Persons
        (Entities Only)

                    TEREK DIASTI, ADAM DIASTI AND TIM DIASTI
______________________________________________________________________________
     2) Check the Appropriate Box if a Member of a Group (See Instructions)
        (a) [x]
        (b) [ ]
______________________________________________________________________________
     3) SEC Use Only
______________________________________________________________________________
     4) Citizenship or Place of Organization
                                 UNITED STATES
______________________________________________________________________________

_____________________________________________________________________________


<TABLE>
<S>           <C>
              (5) Sole Voting Power
                          0
 Number of    (6) Shared Voting Power
   Shares         2,472,200*
Beneficially  (7) Sole Dispositive Power
  Owned by                0
    Each      (8) Shared Dispositive Power
 Reporting        2,472,200*
   Person     *As equal shareholders and directors of the Diasti Family Limited
    With      Partnership's sole general partner, DLP Management, Inc.
</TABLE>

______________________________________________________________________________
     9) Aggregate Amount Beneficially Owned by Each Reporting Person

                                   2,472,200*
______________________________________________________________________________
     10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares  [x]
         (See Instructions)

______________________________________________________________________________
     11) Percent of Class Represented by Amount in Row (9)

32.5% based upon approximately 7,599,871 outstanding on December 31, 1977.

______________________________________________________________________________
     12) Type of Reporting Person (See Instructions)   IN

<PAGE>   5

CUSIP NO. 19034H 10 2                13G                            Page 5 of 8
_______________________________________________________________________________



SCHEDULE 13G - TO BE INCLUDED IN STATEMENTS
                  FILED PURSUANT TO RULE 13d-1(b) OR 13d-2(b)

Item 1(a). Name of Issuer:

                          COAST DENTAL SERVICES, INC.

Item 1(b). Address of Issuer's Principal Executive Offices:

                   6200 Courtney Campbell Causeway, Suite 690
                              Tampa, Florida 33607

Item 2(a). Name of Person Filing:

                       Diasti Family Limited Partnership
                   DLP Management, Inc., its General Partner

                                  Terek Diasti
                                  Adam Diasti
                                   Tim Diasti

Item 2(b). Address of Principal Business Office or, if none, Residence:

                           1325 Airmotive Way, Suite
                               Reno, Nevada 89502
Item 2(c). Citizenship:
                                     Nevada

Item 2(d). Title of Class of Securities:
                                     Common

Item 2(e). CUSIP Number:
                                  19034H 10 2
Item 3(a). If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b),
check whether the filing person is a:


(a)  [   ]  Broker or Dealer registered under Section 15 of the Act;
(b)  [   ]  Bank as defined in Section 3(a)(6) of the Act;
(c)  [   ]  Insurance Company as defined in Section 3(a)(19) of the Act;
(d)  [   ]  Investment Company registered under Section 8 of the Investment
            Company Act;
(e)  [   ]  Investment Adviser registered under Section 203 of the Investment
            Advisers Act of 1940;
(f)  [   ]  Employee Benefit Plan, Pension Fund which is subject to the
            provisions of the Employee Retirement Income Security Act of 1974,
            or Endowment Fund; see Rule 13d-1(b)(1)(ii)(F);
(g)  [   ]  Parent Holding Company, in accordance with Rule 13d-1(b)(ii)(G)
            (Note: See Item 7);


<PAGE>   6

CUSIP NO. 19034H 10 2                13G                            Page 6 of 8
_______________________________________________________________________________




(h)  [   ]  Group, in accordance with Rule 13d-1(b)(1)(ii)(H)

Item 4.    Ownership:


     If the percent of the class owned, as of December 31, of the year covered
by the statement, or as of the last day of any month described in Rule
13d-1(b)(2), if applicable, exceeds five percent, provide the following
information as of that date and identify those shares which there is a right to
acquire.

     (a)   Amount Beneficially Owned:
                     See response to Item 9 on cover pages.
     (b)   Percent of Class:
                     See response to Item 9 on cover pages.
     (c)   Number of shares as to which such person has:
                     See response to Item 9 on cover pages.
           (i)   sole power to vote or to direct the vote:
                     See response to Item 5 on cover pages.
           (ii)  shared power to vote or to direct the vote:
                     See response to Item 6 on cover pages.
           (iii) sole power to dispose or to direct the disposition of:
                     See response to Item 7 on cover pages.
           (iv)  shared power to dispose or to direct the disposition of:
                     See response to Item 8 on cover pages.
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 Group:  Not Applicable

Item 10. Certification:

     The following certification shall be included if the statement is filed
pursuant to Rule 13d-1(b):

     By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and do not have the effect of
changing or influencing the control of the issuer of such securities and were
not acquired in connection with or as a participant in any transaction having
such purposes or effect.



<PAGE>   7

CUSIP NO. 19034H 10 2                13G                            Page 7 of 8
_______________________________________________________________________________




                                   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 14, 1998

                                 /s/  TEREK DIASTI
                                 ------------------------------------------
                                 TEREK DIASTI


                                 /s/ ADAM DIASTI
                                 ------------------------------------------
                                 ADAM DIASTI


                                 /s/ TIM DIASTI
                                 ------------------------------------------
                                 TIM DIASTI


                                 DIASTI FAMILY LIMITED PARTNERSHIP


                                 By:  DLP Management, Inc., its General Partner

                                 By: /s/ Terek Diasti
                                    ----------------------------------------
                                    Terek Diasti, its President



                                 DLP MANAGEMENT, INC.

 
                                 By: /s/ Terek Diasti
                                    ----------------------------------------
                                    Terek Diasti, its President



<PAGE>   8
CUSIP NO. 19034H 10 2                13G                            Page 8 of 8
_______________________________________________________________________________

                                   EXHIBIT A

                  SCHEDULE 13G - TO BE INCLUDED IN STATEMENTS
                  FILED PURSUANT TO RULE 13d-1(b) OR 13d-2(b)


                           RULE 13d-1(f)(1) AGREEMENT


     The undersigned agree and consent to the joint filing on their behalf of
this Schedule 13G in connection with their beneficial ownership of the common
stock of Coast Dental Services, Inc. at December 31, 1997.


                                 
                                 /s/  TEREK DIASTI
                                 ----------------------------------------
                                 TEREK DIASTI


                                  
                                 /s/  ADAM DIASTI
                                 ----------------------------------------
                                 ADAM DIASTI


                                  
                                 /S/  TIM DIASTI
                                 ----------------------------------------
                                 TIM DIASTI


                                 DIASTI FAMILY LIMITED PARTNERSHIP


                                 By:  DLP Management, Inc., its General Partner

                                 By:  /s/ Terek Diasti
                                    ----------------------------------------   
                                    Terek Diasti, its President



                                 DLP MANAGEMENT, INC.

   
                                 By:  /s/ Terek Diasti
                                    ----------------------------------------
                                    Terek Diasti, its President



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