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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. 2)
Envision Development Corporation, Inc.
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(Name of Issuer)
Common Stock, par value $.01 per share
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(Title of Class of Securities)
29410N 10 2
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(CUSIP Number)
Cindy Seremek
Chief Financial Officer
ZERO.NET, Inc.
650 Mission Street
San Francisco, CA 94105
(415) 369-3969
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(Name, Address and Telephone Number of
Person Authorized to Receive Notices
and Communications)
May 10, 2000
(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 which is the subject of this Schedule 13D, and is filing
this schedule because of Sections 240.13d-1(4), 240.13d-1(f) or 240.13d-1(g),
check the following box / /.
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
Action 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.
Page 1 of 4 Pages
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CUSIP No. 29410N 10 2 SCHEDULE 13D Page 2 of 4 Pages
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(1) NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ZERO.NET, Inc. 94-3327594
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
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(3) SEC USE ONLY
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(4) SOURCE OF FUNDS*
WC, OO
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(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(a) OR 2(b) [ ]
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(6) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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(7) SOLE VOTING POWER
NUMBER OF 3,824,567
SHARES --------------------------------------------------------
BENEFICIALLY (8) SHARED VOTING POWER
OWNED BY 0
EACH --------------------------------------------------------
REPORTING (9) SOLE DISPOSITIVE POWER
PERSON WITH 3,824,567
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(10) SHARED DISPOSITIVE POWER
0
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(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,824,567
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(12) CHECK BOX IF AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN
SHARES [ ]
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(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
41.5%
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(14) TYPE OF REPORTING PERSON
CO
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Page 2 of 4 Pages
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This Amendment No. 2 amends and supplements the statement on Schedule 13D
(the "Statement"), as amended, filed by ZERO.NET, Inc. ("ZERO.NET") relating to
the shares of common stock, par value $.01 per share (the "Shares"), of Envision
Development Corporation, a Florida corporation ("Envision").
Unless otherwise defined, all capitalized terms used herein shall have the
meaning given such terms in the Statement.
Item 4 of the Statement is hereby amended to add the following information.
Item 4. Purpose of Transaction
It was previously reported that, on May 10, 2000, ZERO.NET acquired
600,000 additional Shares in two privately negotiated transactions. 100,000 of
these Shares were acquired at a cash purchase price of $25 per share from a
third party. 500,000 of these Shares were acquired from the same third party
for an aggregate purchase price of $4,000,000 in cash. (It was previously
reported that the purchase price for these 500,000 shares included a warrant to
purchase 100,000 shares of ZERO.NET common stock at $9.00 per share. The
warrant transaction was not consummated.) These Shares were acquired for
investment purposes.
Page 3 of 4 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.
ZERO.NET, INC.
Date: June 13, 2000 By: /s/ Cindy Seremek
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Cindy Seremek
Chief Financial Officer
Page 4 of 4 Pages
