SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Under the Securities Exchange Act of 1934
SCHEDULE 13G
(Amendment No. )
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Momentum Business Applications, Inc.
------------------------------------
(Name of Issuer)
Class A Common Stock, par value $0.001 per share
------------------------------------------------
(Title of Class of Securities)
60877P-10-8
-----------
(CUSIP Number)
June 5, 2000
----------------
(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)
Page 1 of 6 Pages
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SCHEDULE 13G
CUSIP No. 60877P-10-8 Page 2 of 6 Pages
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1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Jay Goldman Master Limited Partnership
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2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X|
(b) |_|
3) SEC USE ONLY
4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
5) SOLE VOTING POWER
NUMBER 117,160
OF -----------------------------------------------------------
SHARES 6) SHARED VOTING POWER
BENEFICIALLY
0
-----------------------------------------------------------
OWNED BY 7) SOLE DISPOSITIVE POWER
EACH
REPORTING 117,160
PERSON -----------------------------------------------------------
WITH 8) SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
117,160
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10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|_|
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11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
2.5%
--------------------------------------------------------------------------------
12) TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
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<PAGE>
SCHEDULE 13G
CUSIP No. 60877P-10-4
Page 3 of 6 Pages
-----------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Woodmont Investments Limited
--------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X|
(b) |_|
3) SEC USE ONLY
4) CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
--------------------------------------------------------------------------------
5) SOLE VOTING POWER
NUMBER 119,837
OF -----------------------------------------------------------
SHARES 6) SHARED VOTING POWER
BENEFICIALLY
0
-----------------------------------------------------------
OWNED BY 7) SOLE DISPOSITIVE POWER
EACH
REPORTING 119,837
PERSON -----------------------------------------------------------
WITH 8) SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
119,837
--------------------------------------------------------------------------------
10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|_|
--------------------------------------------------------------------------------
11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
2.6%
--------------------------------------------------------------------------------
12) TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
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<PAGE>
Schedule 13G
------------
Item 1(a). Name of Issuer:
Momentum Business Applications, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
4301 Hacienda Drive, Suite 410
Pleasanton, CA 94588
Item 2(a). Name of Person Filing:
The Jay Goldman Master Limited Partnership
Woodmont Investments Limited
Item 2(b). Address of Principal Business Office or, if None, Residence:
The Jay Goldman Master Limited Partnership
------------------------------------------
745 Fifth Avenue, Suite 1103
New York, New York 10151
Woodmont Investments Limited
----------------------------
Craigmuir Chambers
P.O. Box 91
Road Town, Tortola
British Virgin Islands
Item 2(c). Citizenship:
The Jay Goldman Master Limited Partnership
------------------------------------------
Delaware
Woodmont Investments Limited
----------------------------
British Virgin Islands
Item 2(d). Title of Class of Securities:
Class A Common Stock, par value $0.001 per share
Item 2(e). CUSIP Number:
60877P-10-8
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Item 3. If this statement is filed pursuant to ss.ss.240.13d-1(b), or
240.13d-2(b) or (c), check whether the person filing is a:
(a) |_| Broker or Dealer Registered Under Section 15 of the Act (15
U.S.C. 78o)
(b) |_| Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c)
(c) |_| Insurance Company as defined in section 3(a)(19) of the Act (15
U.S.C. 78c)
(d) |_| Investment Company registered under section 8 of the Investment
Company Act of 1940 (15 U.S.C. 80a-8)
(e) |_| Investment Adviser in accordance withss.240.13d-1(b)(1)(ii)(E)
(f) |_| Employee benefit plan or endowment fund in accordance with
ss.240.13d-1(b)(1)(ii)(F)
(g) |_| Parent Holding Company or control person in accordance with
ss.240.13d-1(b)(ii)(G)
(h) |_| Savings Association as defined inss.3(b) of the Federal Deposit
Insurance Act (12 U.S.C. 1813)
(i) |_| Church plan that is excluded from the definition of an
investment company under ss.3(c)(15) of the Investment
Company Act of 1940 (15 U.S.C. 80a-3)
(j) |_| Group, in accordance withss.240.13d-1(b)(ii)(J)
Item 4. Ownership.
The Jay Goldman Master Limited Partnership
------------------------------------------
(a) Amount beneficially owned: 117,160
(b) Percent of class: 2.5%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 117,160
(ii) Shared power to vote or to direct the vote: 0
(iii) Sole power to dispose or to direct the
disposition of: 117,160
(iv) Shared power to dispose or to direct the disposition of: 0
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<PAGE>
Woodmont Investments Limited
----------------------------
(a) Amount beneficially owned: 119,837
(b) Percent of class: 2.6%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 119,837
(ii) Shared power to vote or to direct the vote: 0
(iii) Sole power to dispose or to direct the
disposition of: 119,837
(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: |_|
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 or Control
Person.
Not applicable
Item 9. Notice of Dissolution of Group.
Not applicable
Item 10. Certification.
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above 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 such purpose or effect.
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<PAGE>
SIGNATURES
After reasonable inquiry and to the best knowledge of my knowledge and
belief, the undersigned, certifies that the information set forth in this
statement is true, complete and correct.
Date: June ___, 2000
THE JAY GOLDMAN MASTER LIMITED PARTNERSHIP
By /s/
--------------------------------------
Name:
Title:
WOODMONT INVESTMENTS LIMITED
By /s/
--------------------------------------
Name:
Title:
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