SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Omega Worldwide, Inc.
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(Name of Issuer)
Common Stock, par value $.01 per share
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(Title of Class of Securities)
68210B108
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(CUSIP Number)
Todd P. Robinson
2307 Princess Ann Street
Greensboro, North Carolina 27408
Telephone: (336) 286-2087
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
With copies to:
Barney Stewart III, Esq.
Moore & Van Allen, PLLC
100 North Tryon Street, Floor 47
Charlotte, North Carolina 28202-4003
March 25, 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 schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ].
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, as amended (the "Act"), or otherwise subject to the liabilities of
that section of the Act but shall be subject to all other provisions of the Act.
Page 1 of 4
<PAGE>
CUSIP NO.: 68210B108
<TABLE>
<CAPTION>
<S> <C>
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ###-##-####
TODD P. ROBINSON
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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 ITEM 2(d) OR 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
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NUMBER OF 7 SOLE VOTING POWER
SHARES 714,957
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BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
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EACH REPORTING 9 SOLE DISPOSITIVE POWER
714,957
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PERSON WITH 10 SHARED DISPOSITIVE POWER
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
714,957
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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)
5.83%
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14 TYPE OF REPORTING PERSON
IN
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</TABLE>
Page 2 of 4
<PAGE>
ITEM 1. SECURITY AND ISSUER
The class of equity securities to which this statement on Schedule 13D
relates is the common stock, par value $0.01 per share ("Common Stock"), of
Omega Worldwide, Inc. (the "Issuer"), a Maryland corporation, with principal
offices located at 900 Victors Way, Suite 345, Ann Arbor, Michigan 48108.
ITEM 2. IDENTITY AND BACKGROUND
(a) Todd P. Robinson
(b) 2307 Princess Ann Street, Greensboro, North Carolina 27408
(c) Self-employed private investor
(d) Mr. Robinson has not, during the last five years, been convicted in
a criminal proceeding (excluding traffic violations or similar misdemeanors).
(e) Mr. Robinson has not, during the last five years, been a party to a
civil proceeding of a judicial or administrative body 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) United States
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
The shares of Common Stock reported as beneficially owned by Mr.
Robinson in Item 5 were purchased in open market and negotiated transactions
with approximately $2,846,000 of Mr. Robinson's personal funds.
ITEM 4. PURPOSE OF TRANSACTION
Mr. Robinson acquired and holds the shares of Common Stock reported in
Item 5 for general investment purposes. He may acquire additional shares of
Common Stock through open market or privately negotiated transactions or may
dispose of some or all of the shares in open market or negotiated transactions.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) Mr. Robinson beneficially owns 714,957 shares, or 5.83%, of the
issued and outstanding shares of Common Stock, based upon information provided
in the Issuer's Quarterly Report on Form 10-Q for the quarter ended December 31,
1998.
Page 3 of 4
<PAGE>
(b) Mr. Robinson holds sole voting and investment power with respect to
the shares of Common Stock beneficially owned by him.
(c) The following table provides information on the shares of Common
Stock purchased or sold by Mr. Robinson during the past 60 days.
<TABLE>
<CAPTION>
<S> <C> <C> <C>
NUMBER OF PRICE PER
DATE SHARES SHARE TRANSACTION*
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March 10, 1999 1,800 3.875 Open market purchase
March 12, 1999 5,000 3.813 Open market purchase
March 11, 1999 8,000 3.875 Open market purchase
March 19, 1999 100,000 3.406 Open market purchase
March 19, 1999 5,000 3.531 Open market purchase
March 18, 1999 1,000 3.750 Open market sale
March 18, 1999 2,000 3.750 Open market sale
March 18, 1999 2,000 3.750 Open market sale
March 17, 1999 7,000 3.750 Open market purchase
March 23, 1999 100,000 3.656 Block purchase
March 25, 1999 2,300 3.492 Open market purchase
March 25, 1999 1,000 3.750 Open market sale
March 25, 1999 1,000 3.750 Open market sale
March 25, 1999 160,400 3.563 Block purchase
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* All transactions were effected through a registered broker-dealer.
</TABLE>
(d) Not applicable.
(e) Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIP WITH RESPECT TO
SECURITIES OF THE ISSUER
Not applicable.
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.
Dated: April 5, 1999
/s/ Todd P. Robinson
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Todd P. Robinson
