UNITED STATES
SECURITY AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
Information Statement Pursuant to Rules 13d-1 and 13d-2
Under the Securities Exchange Act of 1934*
EDUCATIONAL VIDEO CONFERENCING, INC,
(Name of Issuer)
COMMON STOCK
$.0001 PAR VALUE
(Title of Class of Securities)
281505107
(CUSIP Number)
April 13, 2000
(Date of Event Which Requires Filing of this Statement)
February 14, 2000
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[x] Rule 13d-1(d)
*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>
Cusip No. 281505107 Schedule 13G Page 2 of 9 Pages
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Dr. Arol I. Buntzman
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)[x]
(b)[ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- --------------------------------------------------------------------------------
NUMBER 5) SOLE VOTING POWER
OF
SHARES 1,276,834
BENEFICIALLY ---------------------------------------------------------
OWNED BY 6) SHARED VOTING POWER
EACH
REPORTING 0
PERSON ---------------------------------------------------------
WITH 7) SOLE DISPOSITIVE POWER
772,561
---------------------------------------------------------
8) SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,276,834
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES |_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
29.4%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Cusip No. 281505107 Scheduele 13G Page 3 of 9 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Dr. John J. McGrath
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)[x]
(b)[ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- --------------------------------------------------------------------------------
NUMBER 5) SOLE VOTING POWER
OF
SHARES 0
BENEFICIALLY ---------------------------------------------------------
OWNED BY 6) SHARED VOTING POWER
EACH
REPORTING 0
PERSON ---------------------------------------------------------
WITH 7) SOLE DISPOSITIVE POWER
420,146
---------------------------------------------------------
8) SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
420,146
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES |_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.7%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Cusip No. 281505107 Schedule 13G Page 4 of 9 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Richard Goldenberg
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)[x]
(b)[ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- --------------------------------------------------------------------------------
NUMBER 5) SOLE VOTING POWER
OF
SHARES 0
BENEFICIALLY ---------------------------------------------------------
OWNED BY 6) SHARED VOTING POWER
EACH
REPORTING 0
PERSON ---------------------------------------------------------
WITH 7) SOLE DISPOSITIVE POWER
84,127
---------------------------------------------------------
8) SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
84,127
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES |_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
1.9%
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12 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Cusip No. 281505107 Schedule 13G Page 5 of 9 Pages
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Item 1(a). Name of Issuer.
Educational Video Conferencing, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices.
35 East Grassy Sprain Road, Suite 200
Yonkers, NY 10710
Item 2(a). Names of Persons Filing.
(i). Dr. Arol I. Buntzman, who is Chief Executive Officer and
Chairman of the Board of Educational Video Conferencing, Inc.
("EVCI").
(ii). Dr. John J. McGrath, who is President of EVCI.
(iii). Richard Goldenberg and Mrs. Bonnie Goldenberg. Richard
Goldenberg is Chief Financial Officer of EVCI.
Item 2(b). Address of Principal Business Office or, if None, Residence.
For each filing person:
35 East Grassy Sprain Road, Suite 200
Yonkers, NY 10710
Item 2(c). Citizenship.
Drs. Buntzman and McGrath and Mr. and Mrs. Goldenberg are
citizens of the United States.
Item 2(d) Title of Class of Securities.
Common Stock, par value $0.0001 per share.
Item 2(e). Cusip Number.
281505107
Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or
13-2(b), Check Whether the Person Filing is a:
(a) |_| Broker or dealer registered under Section 15 of the Exchange
Act.
(b) |_| Bank as defined in Section 3(a)(6) of the Exchange Act.
(c) |_| Insurance company as defined in Section 3(a)(19) of the
Exchange Act.
(d) |_| Investment company registered under Section 8 of the
Investment Company Act.
(e) |_| Investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
(f) |_| An employee benefit plan or endowment fund in accordance with
Rule 13d-1(b)(1)(ii)(F);
(g) |_| A parent holding company or control person in accordance with
Rule 13d-1(b)(1)(ii)(G);
(h) |_| A savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act;
(i) |_| A church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment
Company Act;
(j) |_| Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
<PAGE>
Cusip No. 281505107 Schedule 13G Page 6 of 9 Pages
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Item 4. Ownership.
Provide the following information regarding the aggregate number and percentage
of the class of securities of the issuer identified in Item 1.
I. Dr. Arol I. Buntzman
a. Amount Beneficially Owned: 1,276,834 shares
b. Percent of class: 29.4%
c. Number of shares as to which such person has:
i. Sole power to vote or to direct the vote.:
1,276,834
ii. Shared power to vote or to direct the vote:
0
iii. Sole power to dispose or to direct the disposition of:
772,561
iv. Shared power to dispose or to direct the disposition of:
0
II. Dr. John J. McGrath
a. Amount Beneficially Owned: 420,146 shares
b. Percent of class: 9.7%
c. Number of shares as to which such person has:
i. Sole power to vote or to direct the vote:
0
ii. Shared power to vote or to direct the vote:
0
iii. Sole power to dispose or to direct the disposition of:
420,146
iv. Shared power to dispose or to direct the disposition of:
0
III. Richard Goldenberg and Bonnie Goldenberg
a. Amount Beneficially Owned: 84,127 shares
b. Percent of class: 1.9%
c. Number of shares as to which such person has:
i. Sole power to vote or to direct the vote:
0
ii. Shared power to vote or to direct the vote:
0
iii. Sole power to dispose or to direct the disposition of:
84,127
<PAGE>
Cusip No. 281505107 Schedule 13G Page 7 of 9 Pages
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iv. Shared power to dispose or to direct the disposition of:
0
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. |_| 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.
Dr. Buntzman has the right to direct the vote of the shares of
common stock owned by Dr. McGrath and by Mr. and Mrs. Richard
Goldenberg until December 31, 2001 pursuant to agreements with
them.
See Exhibit 1.
Item 9. Notice of Dissolution of Group.
Not applicable.
Item 10. Certification.
Not applicable.
<PAGE>
Cusip No. 281505107 Schedule 13G Page 8 of 9 Pages
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SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement regarding me is true,
complete and correct.
April 13, 2000
- -----------------------------
Date
/s/ Dr. Arol I. Buntzman
-----------------------------
Name: Dr. Arol I. Buntzman
/s/ Dr. John J. McGrath
-----------------------------
Name: Dr. John J. McGrath
/s/ Richard Goldenberg
-----------------------------
Name: Richard Goldenberg
/s/ Bonnie Goldenberg
-----------------------------
Name: Bonnie Goldenberg
<PAGE>
Cusip No. 281505107 Schedule 13G Page 9 of 9 Pages
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Exhibit 1 - Group Members
Pursuant to Item 8, the members of the group that have filed this
Schedule 13G pursuant to Rule 13d-1(d) are:
(i). Dr. Arol I. Buntzman
(ii). Dr. John J. McGrath
(iii). Richard Goldenberg and Bonnie Goldenberg
