UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Central Oil Corporation
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(Name of Issuer)
Common Stock, par value $.0001 per share
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(Title of Class of Securities)
154708 101
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(CUSIP Number)
Andreas Typaldos
152 West 57th Street, 40th Floor
New York, New York 10019
With a copy to:
Alberto de Cardenas, Esquire
Broad and Cassel
201 South Biscayne Blvd.
Suite 3000
Miami, Florida 33131
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(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
May 21, 1999
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(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
statement because of Rule 13d-1(b)(3) or (4), check the following box: [ ]
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SCHEDULE 13D
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CUSIP NO. 154708 101
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Andreas Typaldos
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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 SOURCE OF FUNDS*
PF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
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7 SOLE VOTING POWER
NUMBER OF 380,000
SHARES --------- ----------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 1,800,000
EACH --------- ----------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 380,000
WITH --------- ----------------------------------------
10 SHARED DISPOSITIVE POWER
1,800,000
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,180,000
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
18.1%
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14 TYPE OF REPORTING PERSON*
IN
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ITEM 1. SECURITY AND ISSUER.
This Statement on Schedule 13D relates to shares of common stock,
$.0001 par value per share (the "Common Stock"), of Central Oil Corporation, a
Colorado corporation (the "Issuer"). The Issuer's principal executive office is
located at 152 West 57th Street, 40th Floor, New York, NY 10019.
ITEM 2. IDENTITY AND BACKGROUND.
(a) This Schedule 13D is being filed on behalf of Andreas Typaldos.
(b) The business address of Mr. Typaldos is c/o Elligent Consulting
Group, 152 West 57th Street, 40th Floor, New York, NY 10019.
(c) Mr. Typaldos' principal occupation is as Chief Executive Officer
and President of Elligent Consulting Group, Inc.
(d) During the last five years, Mr. Typaldos has not been convicted in
a criminal proceeding (excluding traffic violations or similar misdemeanors).
(e) During the last five years, Mr. Typaldos was not a party to a civil
proceeding of a judicial or administrative body of competent jurisdiction and as
a result of such proceeding was or is subject to a judgment, decree, or final
order enjoining future violations of, or prohibiting or mandating activities
subject to federal or state securities laws or finding any violation with
respect to such laws.
(f) Mr. Typaldos is a citizen of the United States.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Mr. Typaldos owns individually and as trustee 380,000 shares of Common
Stock. The shares were purchased for $.0064935 per share or $2,468 in the
aggregate utilizing Mr. Typaldos' personal funds. In addition, Patra Holdings
LLC and The Renee Typaldos Family Limited Partnership, two entities for which
Mr. Typaldos serves as a managing member or general partner, purchased 400,000
shares of the Issuer's common stock each for $2,597, each utilizing working
capital. New York Internet Fund LLC, an entity for which Mr. Typaldo's wife
serves as managing member, purchased 500,000 shares of the Issuer's common stock
for $3,247, utilizing working capital. Simultaneously, Patra Internet Holdings
LLC, an entity for which Mr. Typaldos serves as managing member, purchased
500,000 shares for $3,378 utilizing working capital.
ITEM 4. PURPOSE OF TRANSACTION.
Mr. Typaldos purchased the securities to effect certain changes in the
Issuer's Board of Directors, management and business. Specifically, Mr. Typaldos
plans to replace the Issuer's Board of Directors and management and develop and
implement a business plan providing for the Issuer's growth. In connection with
the development of this business plan, Mr. Typaldos may suggest proposals which
may result in further change to the Board of Directors, a change in the
capitalization or others changes to the Issuer.
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ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) (b) Mr. Typaldos may be deemed to beneficially own an aggregate of
2,180,000 shares or 18.1% of the total shares outstanding of the Issuer. Such
shares include 380,000 held of record by Mr. Typaldos or as Trustee and with
respect to which Mr. Typaldos may be deemed to have sole voting and dispositive
power. Such shares also include 500,000, 400,000, 400,000 and 500,000 shares
owned of record by Patra Internet Holdings LC, Patra Holding LLC, The Renee
Typaldos Family Limited Partnership, and New York Internet Fund LLC,
respectively, for which Mr. Typaldos is deemed to have shared voting and
dispositive power.
(c) Not applicable.
(d) No other person is known to have the right to receive or the power
to direct the receipt of dividends from, or the proceeds from the sale of such
securities of the Issuer.
(e) Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
None
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
None
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.
October 28, 1999
/s/ Andreas Typaldos
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ANDREAS TYPALDOS
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