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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No.___)*
The Writer Corporation
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(Name of Issuer)
Common Stock, $0.10 par value
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(Title of Class of Securities)
982554107
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(CUSIP Number)
Dennis F. Coughlin, 140 East 19th Avenue, Suite 700, Denver, CO 80203,
(303) 863-1900
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(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
October 19, 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 that is the subject of this Schedule 13D, and is
filing this schedule because of Sections 240.13-d-1(e), 240.13-d-1(f) or
240.13-d-1(g), check the following box. / /
NOTE: Schedules filed in paper format shall include a signed original and
five copies of the schedule, including all exhibits. See Sections 240.13d-7
for other parties to whom copies are to be sent.
* 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 on 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).
POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION
CONTAINED IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM DISPLAYS A
CURRENTLY VALID OMB CONTROL NUMBER.
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CUSIP No. 982554107
- ------------------------------------------------------------------------------
1. Names of Reporting Person.
I.R.S. Identification Nos. of above persons (entities only).
Dennis F. Coughlin
- ------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions).
(a) /X/
(b) / /
- ------------------------------------------------------------------------------
3. SEC Use Only
- ------------------------------------------------------------------------------
4. Source of Funds (See Instructions) SC, BK, AF, PF and OO
- ------------------------------------------------------------------------------
5. Check if Disclosure of Legal Proceedings Is Required Pursuant to
Items 2(d) or 2(e) / /
- ------------------------------------------------------------------------------
6. Citizenship or Place of Organization United States of America
- ------------------------------------------------------------------------------
- ------------------------------------------------------------------------------
Number of 7. Sole Voting Power 163,000 *
Shares
Beneficially 8. Shared Voting Power
Owned by Each
Reporting 9. Sole Dispositive Power 163,000 *
Person With:
* Includes 108,000 shares owned by Coughlin & Company, Inc. Mr. Coughlin serves
as an officer, director and majority stockholder of Coughlin & Company, Inc.
- ------------------------------------------------------------------------------
11. Aggregate Amount Beneficially Owned by Each Reporting Person 163,000 *
* Includes 108,000 shares owned by Coughlin & Company, Inc. Mr. Coughlin
serves as an officer, director and majority stockholder of Coughlin &
Company, Inc.
- ------------------------------------------------------------------------------
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions) / /
- ------------------------------------------------------------------------------
13. Percent of Class Represented by Amount in Row (11) 2.2%
- ------------------------------------------------------------------------------
14. Type of Reporting Person (See Instructions) IN
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2
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CUSIP No. 982554107
- ------------------------------------------------------------------------------
1. Names of Reporting Person.
I.R.S. Identification Nos. of above persons (entities only).
Coughlin & Company, Inc. / 84-0461159
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2. Check the Appropriate Box if a Member of a Group (See Instructions).
(b) /X/
(b) / /
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3. SEC Use Only
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4. Source of Funds (See Instructions) SC, BK, AF, WC and OO
- ------------------------------------------------------------------------------
5. Check if Disclosure of Legal Proceedings Is Required Pursuant to
Items 2(d) or 2(e) / /
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6. Citizenship or Place of Organization United States of America/
Colorado Corporation
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Number of 7. Sole Voting Power 108,000 *
Shares
Beneficially
Owned by Each 8. Shared Voting Power
Reporting
Person With: 9. Sole Dispositive Power 108,000 *
10. Shared Dispositive Power
* Other than Dennis F. Coughlin, none of the officers and directors of Coughlin
& Company, Inc. own any shares of The Writer Corporation. See Exhibit A.
- ------------------------------------------------------------------------------
11. Aggregate Amount Beneficially Owned by Each Reporting Person 108,000 *
* Other than Dennis F. Coughlin, none of the officers and directors of
Coughlin & Company, Inc. own any shares of The Writer Corporation. See
Exhibit A.
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12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions) / /
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13. Percent of Class Represented by Amount in Row (11) 1.5%
- ------------------------------------------------------------------------------
14. Type of Reporting Person (See Instructions) CO
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3
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CUSIP No. 982554107
- ------------------------------------------------------------------------------
1. Names of Reporting Person.
I.R.S. Identification Nos. of above persons (entities only).
Thomas J. Gargan
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2. Check the Appropriate Box if a Member of a Group (See Instructions).
(c) /X/
(b) / /
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3. SEC Use Only
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4. Source of Funds (See Instructions) SC, AF, BK, PF and OO
- ------------------------------------------------------------------------------
5. Check if Disclosure of Legal Proceedings Is Required Pursuant to
Items 2(d) or 2(e) / /
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6. Citizenship or Place of Organization United States of America
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Number of 7. Sole Voting Power 166,667
Shares
Beneficially 8. Shared Voting Power
Owned by Each
Reporting 9. Sole Dispositive Power 166,667
Person With:
10. Shared Dispositive Power
- ------------------------------------------------------------------------------
11. Aggregate Amount Beneficially Owned by Each Reporting Person 166,667
- ------------------------------------------------------------------------------
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions) / /
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13. Percent of Class Represented by Amount in Row (11) 2.2%
- ------------------------------------------------------------------------------
14. Type of Reporting Person (See Instructions) IN
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4
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CUSIP No. 982554107
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1. Names of Reporting Person.
I.R.S. Identification Nos. of above persons (entities only).
Phillip R. Garvin
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2. Check the Appropriate Box if a Member of a Group (See Instructions).
(d) /X/
(b) / /
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3. SEC Use Only
- ------------------------------------------------------------------------------
4. Source of Funds (See Instructions) SC, AF, BK, PF and OO
- ------------------------------------------------------------------------------
5. Check if Disclosure of Legal Proceedings Is Required Pursuant to
Items 2(d) or 2(e) / /
- ------------------------------------------------------------------------------
6. Citizenship or Place of Organization United States of America
- ------------------------------------------------------------------------------
- ------------------------------------------------------------------------------
Number of 7. Sole Voting Power 33,333
Shares
Beneficially 8. Shared Voting Power
Owned by Each
Reporting 9. Sole Dispositive Power 33,333
Person With:
10. Shared Dispositive Power
- ------------------------------------------------------------------------------
11. Aggregate Amount Beneficially Owned by Each Reporting Person 33,333
- ------------------------------------------------------------------------------
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) / /
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13. Percent of Class Represented by Amount in Row (11) 0.4%
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14. Type of Reporting Person (See Instructions) IN
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5
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CUSIP No. 982554107
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1. Names of Reporting Person.
I.R.S. Identification Nos. of above persons (entities only).
Darryl D. Propp
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2. Check the Appropriate Box if a Member of a Group (See Instructions).
(e) /X/
(b) / /
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3. SEC Use Only
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4. Source of Funds (See Instructions) SC, AF, BK, PF and OO
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5. Check if Disclosure of Legal Proceedings Is Required Pursuant to
Items 2(d) or 2(e) / /
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6. Citizenship or Place of Organization United States of America
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Number of 7. Sole Voting Power 44,333 *
Shares
Beneficially 8. Shared Voting Power
Owned by Each
Reporting 9. Sole Dispositive Power 44,333 *
Person With:
10. Shared Dispositive Power
* Includes 22,000 shares owned by Propp Realty. Mr. Propp serves as President of
Propp Realty, Inc.
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11. Aggregate Amount Beneficially Owned by Each Reporting Person 44,333 *
* Includes 22,000 shares owned by Propp Realty, Inc. Mr. Propp serves as
President of Propp Realty, Inc.
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12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions) / /
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13. Percent of Class Represented by Amount in Row (11) 0.6%
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14. Type of Reporting Person (See Instructions) IN
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6
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CUSIP No. 982554107
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1. Names of Reporting Person.
I.R.S. Identification Nos. of above persons (entities only).
Propp Realty, Inc. / 74-2175584
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2. Check the Appropriate Box if a Member of a Group (See Instructions).
(f) /X/
(b) / /
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3. SEC Use Only
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4. Source of Funds (See Instructions) SC, BK, AF, WC and OO
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5. Check if Disclosure of Legal Proceedings Is Required Pursuant to
Items 2(d) or 2(e) / /
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6. Citizenship or Place of Organization United States of America /
Colorado Corporation
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Number of 7. Sole Voting Power 22,000 *
Shares
Beneficially 8. Shared Voting Power
Owned by Each
Reporting 9. Sole Dispositive Power 22,000 *
Person With:
10. Shared Dispositive Power
* Other than Darryl D. Propp, none of the officers and directors of Propp
Realty, Inc. own any shares of The Writer Corporation. See Exhibit A.
- ------------------------------------------------------------------------------
11. Aggregate Amount Beneficially Owned by Each Reporting Person 22,000 *
* Other than Darryl D. Propp, none of the officers and directors of Propp
Realty, Inc. own any shares of The Writer Corporation. See Exhibit A.
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12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions) / /
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13. Percent of Class Represented by Amount in Row (11) 0.3%
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14. Type of Reporting Person (See Instructions) CO
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7
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CUSIP No. 982554107
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1. Names of Reporting Person.
I.R.S. Identification Nos. of above persons (entities only).
Herman Stauffer
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2. Check the Appropriate Box if a Member of a Group (See Instructions).
(g) /X/
(b) / /
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3. SEC Use Only
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4. Source of Funds (See Instructions) SC, AF, BK, PF and OO
- ------------------------------------------------------------------------------
5. Check if Disclosure of Legal Proceedings Is Required Pursuant to
Items 2(d) or 2(e) / /
- ------------------------------------------------------------------------------
6. Citizenship or Place of Organization United States of America
- ------------------------------------------------------------------------------
- ------------------------------------------------------------------------------
Number of 7. Sole Voting Power 66,667
Shares
Beneficially 8. Shared Voting Power
Owned by Each
Reporting 9. Sole Dispositive Power 66,667
Person With:
10. Shared Dispositive Power
- ------------------------------------------------------------------------------
11. Aggregate Amount Beneficially Owned by Each Reporting Person 66,667
- ------------------------------------------------------------------------------
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions) / /
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13. Percent of Class Represented by Amount in Row (11) 0.9%
- ------------------------------------------------------------------------------
14. Type of Reporting Person (See Instructions) IN
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8
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Information Statement Pursuant to Rules 13d-1 and 13d-2
ITEM 1. SECURITY AND ISSUER
(a) Title of Class of Securities: Common Stock, $0.10 par value
(b) Name of Issuer: The Writer Corporation
(c) Address of Issuer's Principal Executive Offices:
6061 S. Willow Drive, #232, Englewood, CO 80111
ITEM 2. IDENTITY AND BACKGROUND
(a) - (c) Name: This statement is being filed by Dennis F. Coughlin
and Coughlin & Company, Inc., a Colorado corporation doing business as an
investment bank. Mr. Coughlin is President, Chief Executive Officer, Chairman
of the Board of Directors and majority stockholder of Coughlin & Company,
Inc. The principal executive offices of Mr. Coughlin and Coughlin & Company,
Inc. are located at 140 East 19th Avenue, Suite 700, Denver, Colorado
80203-1035. Information regarding the officers and directors of Coughlin &
Company, Inc. is contained in Exhibit A.
This statement is also being filed by Thomas J. Gargan, a retired
doctor whose principal office is located at 950 Red Sandstone Road, Vail,
Colorado 81657-4007.
This statement is also being filed by Philip R. Garvin, television
producer whose principal office is located at 2400 North Syracuse Street,
Denver, Colorado 80207-3652.
This statement is also being filed by Daryl D. Propp and Propp
Realty, Inc., a Colorado "S" corporation doing business as a real estate
management company. Mr. Propp is the President and owner of Propp Realty,
Inc. The principal executive offices of Mr. Propp and Propp Realty, Inc. are
located at 12600 West Colfax Avenue, Suite B130, Lakewood, Colorado
80215-3752. Information regarding the officers and directors of Propp Realty,
Inc. is contained in Exhibit A.
This statement is also being filed by Herman Stauffer, a retired
restauranteur whose principal office is located at P.O. Box 5000, Vail,
Colorado 81658-5000.
(d-e) During the last five years, none of the Reporting Persons
(including the officers and directors of such Reporting Persons identified in
Exhibit A): (i) has been convicted in a criminal proceeding (excluding
traffic violations or similar misdemeanors) or (ii) has been a party to a
civil proceeding of a judicial or administrative body of competent
jurisdiction 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) Each of the individual Reporting Persons (including the officers
and directors of such Reporting Persons identified in Exhibit A) is a citizen
of the United States of America.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
Each of the Reporting Persons acquired shares of The Writer
Corporation for investment purposes. Coughlin & Company, Inc. purchased 1,200
shares on July 30, 1999 and another 3,800 shares on October 5, 1999 pursuant
to a purchase order that had been outstanding since June 18, 1999. All other
shares of The Writer Corporation's common stock owned by the Reporting
Persons as of October 19, 1999 were purchased in conjunction
9
<PAGE>
with a 1994 private offering of the The Writer Corporation's common stock.
The individual Reporting Persons acquired their shares of The Writer
Corporation out of personal funds. The corporate Reporting Persons acquired
their shares of The Writer Corporation out of working capital.
The Reporting Persons may attempt to secure equity and debt
financing in conjunction with an attempt to acquire control of The Writer
Corporation. Currently, the Reporting Persons have no definitive financing
arrangements.
ITEM 4. PURPOSE OF TRANSACTION
The securities covered by this Statement were acquired for the
purpose of investment.
On October 19, 1999, the Reporting Persons filing this Statement
executed a Joint Filing Agreement (see Exhibit B) and agreed to work together
to acquire control of The Writer Corporation. The agreement is nonbinding
and, other than the Joint Filing Agreement, has not been put into a written
document. Any offer to acquire the common stock of The Writer Corporation
will be subject to due diligence, government approvals, compliance with
government rules and regulations, confirmation of acceptable financing and
the execution of a definitive purchase agreement. As a result, the Reporting
Persons may decide, jointly or individually, to purchase additional shares of
The Writer Corporation's common stock or other securities. In addition, the
Reporting Persons, jointly or individually, may dispose of any or all
securities of The Writer Corporation in any manner permitted by applicable
securities laws.
The Reporting Persons believe that The Writer Corporation should
take steps to maximize shareholder value, including, without limitation,
conducting a comprehensive review and analysis of the value that could be
achieved from a sale of stock, a sale of all or substantially all of its
assets or a merger. The Reporting Persons plan to attempt to meet with
management of The Writer Corporation to explore their views on these and
related issues.
If the Reporting Persons succeed in acquiring control of The Writer
Corporation, it is anticipated that the Reporting Persons may: (i) make
changes to the Board of Directors and management of The Writer Corporation;
(ii) make changes to the The Writer Corporation's Charter and Bylaws; and
(iii) cause The Writer Corporation's common stock to be eligible for
termination of registration pursuant to Section 12(g)(4) of the Securities
Exchange Act of 1934, as amended.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a-c) As of the close of business on October 19, 1999, the Reporting
Persons as a group (including the officers and directors of such Reporting
Persons identified in Exhibit A) beneficially own an aggregate of 474,000
shares of The Writer Corporation's common stock, which constitutes 6.4% of
the 7,432,590 shares reported outstanding by The Writer Corporation as of
August 6, 1999.
On October 19, 1999, the Reporting Persons filing this Statement
executed a Joint Filing Agreement (see Exhibit B) and agreed to work together
to acquire control of The Writer Corporation. The agreement is nonbinding
and, other than the Joint Filing Agreement, has not been put into a written
document.
Coughlin & Company, Inc. purchased 1,200 shares of the Writer
Corporation's common stock on July 30, 1999 and another 3,800 shares on
October 5, 1999 pursuant to a purchase order that had been outstanding since
June 18, 1999. The securities were acquired for the purpose of investment.
Except as described herein, none of the Reporting Persons (including the
officers and directors of such Reporting Persons identified in Exhibit A)
effected transactions in The Writer Corporation's outstanding common stock
during the past 60 days.
(d) Not applicable.
(e) Not applicable.
INSTRUCTION: For computations regarding securities which represent a right to
acquire an underlying security, see Rule 13d-3(d)(1) and the note thereto.
10
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ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
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 / /
On October 19, 1999, the Reporting Persons filing this Statement
executed a Joint Filing Agreement (see Exhibit B) and agreed to work together
to acquire control of The Writer Corporation. The agreement is nonbinding
and, other than the Joint Filing Agreement, has not been put into a written
document.
Except as described herein, none of the Reporting Persons has any
contract, arrangement, understanding or relationship (legal or otherwise)
with any person with respect to any securities of The Writer Corporation,
including, but not limited to, transfer or voting of any securities, finders'
fees, joint ventures, loan or option arrangements, puts or calls, guarantees
or profits, division of profits or losses, or the giving or withholding of
proxies.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
Exhibit A. Executive Officers and Directors of Corporate Reporting
Persons
Exhibit B. Joint Filing Agreement
11
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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 is true, complete
and correct.
<TABLE>
<CAPTION>
REPORTING PERSON NAME/TITLE DATE
-------------------- ------------- --------
<S> <C> <C>
Dennis F. Coughlin /s/ Dennis F. Coughlin October 19, 1999
- ---------------------------------------------------------------------------------------------------------------
Dennis F. Coughlin
Coughlin & Company, Inc. /s/ Dennis F. Coughlin October 19, 1999
- ---------------------------------------------------------------------------------------------------------------
Dennis F. Coughlin, President, Chief Executive Officer and
Chairman of the Board of Coughlin & Company, Inc.
Thomas J. Gargan /s/ Thomas J. Gargan October 19, 1999
- ---------------------------------------------------------------------------------------------------------------
Thomas J. Gargan
Phillip R. Garvin /s/ Phillip R. Garvin October 19, 1999
- ---------------------------------------------------------------------------------------------------------------
Phillip R. Garvin
Darryl D. Propp /s/ Darryl D. Propp October 19, 1999
- ---------------------------------------------------------------------------------------------------------------
Darryl D. Propp
Propp Realty, Inc. /s/ Darryl D. Propp October 19, 1999
- ---------------------------------------------------------------------------------------------------------------
Darryl D. Propp, President of Propp Realty, Inc.
Herman Stauffer /s/ Herman Stauffer October 19, 1999
- ---------------------------------------------------------------------------------------------------------------
Herman Stauffer
</TABLE>
Attention: Intentional misstatements or omissions of fact constitute Federal
criminal violations (See 18 U.S.C. 1001).
12
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Exhibit A
EXECUTIVE OFFICERS AND DIRECTORS
OF CORPORATE REPORTING PERSONS
<TABLE>
<CAPTION>
Share Ownership of
The Writer Corporation as of
October 19, 1999
----------------------------
Corporate Reporting Person Officers, Directors and Shareholders Number Percentage
- ------------------------------ ---------------------------------------- ---------- --------------
<S> <C> <C> <C>
Coughlin & Company, Inc. Dennis F. Coughlin, President, CEO and
140 East 19th Avenue Chairman * 55,000 0.7
Suite 700 James M. Coughlin, Managing Director * -0- -0-
Denver, CO 80203 George F. Coughlin, Managing Director * -0- -0-
Walter J. Coughlin, Executive Vice
President * -0- -0-
Michael P. Coughlin, Executive Vice
President * -0- -0-
Harold C. Jones, Vice President and
Treasurer * -0- -0-
Direct Ownership by Corporate Reporting
Person, Coughlin & Company, Inc. 108,000 1.5
--------- ------
Coughlin & Company, Inc.-Total 163,000 2.2
--------- ------
Propp Realty, Inc. Daryll D. Propp, President* 22,333 0.3
12600 West Colfax Avenue Carol A. Propp, Vice President * -0- -0-
Suite B130 Direct Ownership by Corporate Reporting
Lakewood, CO 80215 Person, Propp Realty, Inc. 22,000 0.3
--------- ------
Propp Realty, Inc.-Total 44,333 0.6
--------- ------
</TABLE>
* Excludes shares owned by the Corporate Reporting Person
<PAGE>
Exhibit B
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(f) under the Securities Exchange Act of
1934, as amended, the undersigned hereby agree to the joint filing with each
other of the attached statement on Schedule 13D and to all amendments to such
statement and that such Statement and all amendments to such statement is made
on behalf of each of them.
In addition the undersigned hereby appoint Dennis F. Coughlin as
attorney-in-fact for the undersigned with authority to execute and deliver on
behalf of the undersigned any and all documents (including any amendments
thereto) required to be filed by the undersigned or otherwise executed and
delivered by the undersigned pursuant to the Securities Exchange Act of 1934, as
amended, all other federal, state and local securities and corporation laws, and
all regulations promulgated thereunder.
IN WITNESS WHEREOF, the undersigned hereby execute this agreement.
<TABLE>
<CAPTION>
REPORTING PERSON NAME/TITLE DATE
- --------------------------------------------------------------------------------------------------------------
<S> <C> <C>
Dennis F. Coughlin /s/ Dennis F. Coughlin October 19, 1999
- --------------------------------------------------------------------------------------------------------------
Dennis F. Coughlin
Coughlin & Company, Inc. /s/ Dennis F. Coughlin October 19, 1999
- --------------------------------------------------------------------------------------------------------------
Dennis F. Coughlin, President, Chief Executive Officer and
Chairman of the Board of Coughlin & Company, Inc.
Thomas J. Gargan /s/ Thomas J. Gargan October 19, 1999
- --------------------------------------------------------------------------------------------------------------
Thomas J. Gargan
Phillip R. Garvin /s/ Phillip R. Garvin October 19, 1999
- --------------------------------------------------------------------------------------------------------------
Phillip R. Garvin
Darryl D. Propp /s/ Darryl D. Propp October 19, 1999
- --------------------------------------------------------------------------------------------------------------
Darryl D. Propp
Propp Realty, Inc. /s/ Darryl D. Propp October 19, 1999
- --------------------------------------------------------------------------------------------------------------
Darryl D. Propp, President of Propp Realty, Inc.
Herman Stauffer /s/ Herman Stauffer October 19, 1999
- --------------------------------------------------------------------------------------------------------------
Herman Stauffer
</TABLE>
