United States Securities and Exchange Commission
Washington, DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)
Sunderland Corporation
(Name of Issuer)
Common Stock
(Title of Class of Securities)
867 281107
(CUSIP Number)
June 29, 1999
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which
this Schedule is filed:
/ / Rule 13d-1(b)
/ x / Rule 13d-1(c)
/ / Rule 13d-1(d)
1. Names of Reporting Persons: Cassidy & Associates
James M. Cassidy
James M. Cassidy is the sole proprietor of Cassidy & Associates.
2. Check the appropriate box if a member of a group:
(a) / x /
(b)
3. SEC use only
4. Citizenship or place of organization
Cassidy & Associates District of Columbia
sole proprietorship
James M. Cassidy Natural person, citizen of
the United States
5 -8. Sole Shared Sole Shared
Voting Voting Dispositive Dispositive
Power Power Power Power
Cassidy & Associates 0 0
James M. Cassidy
warrants 100,000 100,000 (1)
(1) Original warrant to purchase 60,000 shares of common stock at
$16.67 per share for a period of three years issued to an entity
of which Mr. Cassidy is the principal and readjusted to 100,000
shares at an exercise price of $10 per share after 5-for-3
stock split.
9&11. Aggregate amount beneficially owned by each reporting
person and percent of class.
Aggregate amount
Beneficially Percent
Owned of Class
Cassidy & Associates 0 0%
Warrant 100,000 1.6% (1)
(1) Consists of a common stock purchase warrant for the purchase
of 100,000 shares of common stock at an exercise price of $10.00
per share (the number of warrants and the exercise price have
been adjusted for the 5-for-3 stock split effected by the
Company. The original number of warrants issued was 60,000
exercisable at $16.67 per share).
10. Check box if aggregate amount in #9 excludes certain
shares. Not applicable.
12. Type of reporting Person
Cassidy & Associates OO (Sole proprietorship)
James M. Cassidy IN
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Schedule 13G Part 2,
page 1
Item 1(a) Name of Issuer: Sunderland Corporation
(b) Address of Issuer's Principal Executive Offices:
2901 El Camino Avenue
Las Vegas, Nevada 89102
Item 2(a) Name of Person Filing: James M. Cassidy
(b) Address of Principal Business or, if none, Residence:
1506 R Street, NW
Washington, DC 20009
(c) Citizenship: United States
(d) Title of Class of Securities: Common Stock
(e) CUSIP Number: 867 281107
Item 3. If statement is filed pursuant to Rule 13d-1(b) or 13d-2(b)
Not applicable
Item 4. Ownership
(a) Amount beneficially owned: 0 shares
Warrant to purchase common stock 100,000 shares
(b) Percent of Class:
Assuming exercise of Warrant 1.6%
(c) Number of Shares as to which such person has:
(i) sole power to vote or to direct the vote 0
Warrant to purchase common stock 100,000
(ii) shares power to vote or to direct the vote 0
(iii) sole power to dispose or to direct the
disposition of 0
Warrant to purchase common stock 100,000
(iv) shared power to dispose or to direct the
disposition of 0
Item 5. Ownership of Five Percent or Less of a Class X
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 Not applicable
Item 8. Identification and Classification of Members
of the Group
The group consists of James M. Cassidy, a natural
person, and Cassidy & Associates, a District of Columbia
law firm of which James M. Cassidy is the sole proprietor.
Item 9. Notice of Dissolution of Group: Not applicable
Item 10. Certification:
By signing below the undersigned certifies that, to the best
of its knowledge and belief, the securities referred to
above were acquired and are held in the ordinary course of
business and were not acquired and are not held for the
purpose of or with the effect of changing or influencing the
control of the issuer of the securities and were not
acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
After reasonable inquiry and to the best of its knowledge and
belief, the undersigned certifies that the information set forth in
this statement is true, complete and correct.
/s/ James M. Cassidy
James M. Cassidy
September 20, 1999
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Schedule 13G Part 2,
page 3
Item 1(a) Name of Issuer: Sunderland Corporation
(b) Address of Issuer's Principal Executive Offices:
2901 El Camino Avenue
Las Vegas, Nevada 89102
Item 2(a) Name of Person Filing: Cassidy & Associates,
a sole proprietorship of
James M. Cassidy
who has sole voting control.
(b) Address of Principal Business or, if none, Residence:
1504 R Street, NW
Washington, DC 20009
(c) Citizenship: District of Columbia
Sole proprietorship
(d) Title of Class of Securities: Common Stock
(e) CUSIP Number: 867 281107
Item 3. If statement is filed pursuant to Rule 13d-1(b) or 13d-2(b)
Not applicable
Item 4. Ownership
(a) Amount beneficially owned: 0 shares(1)
(b) Percent of Class: 0%
(c) Number of Shares as to which such person has:
(i) sole power to vote or to direct the vote 0
Warrant 100,000 (1)
(ii) shared power to vote or to direct the vote 0
(iii) sole power to dispose or to direct the
disposition of
Warrant 100,000 (1)
(iv) shared power to dispose or to direct the
disposition of 0
(1) James M. Cassidy is the sole proprietor of Cassidy &
Associates and is therefore deemed to be the
beneficial owner of the warrant for the purchase
of 100,000 shares of common stock held by it.
Item 5. Ownership of Five Percent or Less of a Class X
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 Not applicable
Item 8. Identification and Classification of Members of the
Group
The group consists of James M. Cassidy, a natural
person, and Cassidy & Associates, a District of Columbia
law firm of which James M. Cassidy is the sole proprietor.
Item 9. Notice of Dissolution of Group: Not applicable
Item 10. Certification:
By signing below the undersigned certifies that, to the best
of its knowledge and belief, the securities referred to
above were acquired and are held in the ordinary course of
business and were not acquired and are not held for the
purpose of or with the effect of changing or influencing the
control of the issuer of the securities and were not
acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
After reasonable inquiry and to the best of its knowledge and
belief, the undersigned certifies that the information set forth in
this statement is true, complete and correct.
CASSIDY & ASSOCIATES
By /s/ James M. Cassidy
James M. Cassidy
September 20, 1999
