UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
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onlinetradinginc.com corp.
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Common Stock, $.01 Par Value
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(Title of Class of Securities)
68273D108
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(CUSIP Number)
December 31, 1999
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(Date of Event Which Requires Filing of This Statement)
Check the appropriate box to designate the rule pursuant to which the Schedule
is filed:
Rule 13d-1(b)
Rule 13d-1(c)
[X] Rule 13d-1(d)
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CUSIP No. 68273D108
1 NAME OF REPORTING PERSONS Benedict S. Gambino
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)____
(b)____
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION USA
Number of 5 SOLE VOTING POWER 2,725,926
Shares
Beneficially 6 SHARED VOTING POWER Not applicable
Owned By
Each 7 SOLE DISPOSITIVE POWER 2,725,926
Reporting
Person 8 SHARED DISPOSITIVE POWER Not applicable
With
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,725,926
10 CHECK IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 23.75% (1)
12 TYPE OF REPORTING PERSON (See instructions) IN
(1) Calculated on the basis of 11,476,388 shares of Common Stock
outstanding on February 14, 2000.
Page 2 of 5 Pages
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Item 1(a). Name of Issuer:
onlinetrading.com corp.
Item 1(b). Address of Issuer's Principal Executive Offices:
2700 N. Military Trail, Suite 200
Boca Raton, Florida 33431
Item 2(a). Name of Person Filing:
Benedict S. Gambino
Item 2(b). Address of Principal Business Office or, if none, Residence:
22356 Timberlea Lane
Kildeer, IL 60047
Item 2(c). Citizenship: See Item 4 on Cover Page
U.S.A.
Item 2(d). Title of Class of Securities:
Common Stock, $.01 Par Value
Item 2(e). CUSIP Number:
68273D108
Item 3 If this statement is filed pursuant to Rules 13d-1(b) or
13d-2(b), check whether the person filing is a:
Not applicable.
Item 4. Ownership:
(a) Amount Beneficially Owned: 2,725,926 shares.
(b) Percent of Class: 23.75% (1)
(1) Calculated on the basis of 11,476,388 shares of Common Stock
outstanding on February 14, 2000.
Page 3 of 5 Pages
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(c) Number of shares as to which such person has:
(i) sole power to vote or to direct to vote 2,725,926 shares
(ii) shared power to vote or to direct the vote Not applicable
(iii) sole power to dispose or to direct the
disposition of 2,725,926 shares
(iv) shared power to dispose or to direct
disposition of Not applicable
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:
Not applicable.
Item 9. Notice of Dissolution of Group:
Not applicable.
Item 10. Certification:
(b) The following certification shall be included if
the statement is filed pursuant toss.240.13d1(c):
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
that purpose or effect.
Page 4 of 5 Pages
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SIGNATURE
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: February 14, 2000 /s/ Benedict S. Gambino
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Benedict S. Gambino
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