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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
PENTASTAR COMMUNICATIONS, INC.
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(NAME OF ISSUER)
COMMON STOCK, PAR VALUE $.0001 PER SHARE
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(TITLE OF CLASS OF SECURITIES)
709632 10 3
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(CUSIP NUMBER)
OCTOBER 26, 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 this Schedule
is filed:
Rule 13d-1(b)
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X Rule 13d-1(c)
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Rule 13d-1(d)
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*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
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).
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CUSIP No.: 709632 10 3
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1 Name of Reporting Person
I.R.S. Identification Nos. of Above Persons (entities only)
Black Diamond Capital, LLC
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2 Check the Appropriate Box if a Member of a Group (see Instructions):
(a) / /
(b) / /
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3 SEC USE ONLY
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4 Citizenship or Place of Organization
Colorado
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5 Sole Voting Power
Number of
732,419
Shares -------------------------------------------------
6 Shared Voting Power
Beneficially
Owned by 0
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Each 7 Sole Dispositive Power
Reporting
0
Person ------------------------------------------------
8 Shared Dispositive Power
With:
732,419
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9 Aggregate Amount Beneficially Owned by Each Reporting Person
732,419
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10 Check Box if the Aggregate Amount in Row 9 Excludes Certain Shares [ ]
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11 Percent Class Represented by Amount in Row 9:
15.4%
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12 Type of Reporting Person
OO (limited liability company)
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CUSIP No.: 709632 10 3
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1 Name of Reporting Person
I.R.S. Identification Nos. of Above Persons (entities only)
Blair W. McNea
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2 Check the Appropriate Box if a Member of a Group (see Instructions):
(a) / /
(b) / /
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3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
United States
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5 Sole Voting Power
Number of
732,419
Shares -------------------------------------------------
6 Shared Voting Power
Beneficially
Owned by 0
------------------------------------------------
Each 7 Sole Dispositive Power
Reporting
0
Person ------------------------------------------------
8 Shared Dispositive Power
With:
732,419
- -------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
732,419
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10 Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares [ ]
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11 Percent Class Represented by Amount in Row (9):
15.4%
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12 Type of Reporting Person
IN
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Item 1.
(a) Name of Issuer: PentaStar Communications, Inc. (hereinafter the
"Issuer")
(b) Address of Issuer's Principal Executive Offices: 1522 Blake
Street, Denver, Colorado 80202
Item 2.
(a) Name of Person(s) Filing: Black Diamond Capital, LLC ("Black
Diamond") and Blair W. McNea (collectively, the "Reporting
Persons")
(b) Principal Business Office: 7101 LaVista Place, Suite 100, Niwot,
Colorado 80503
(c) Citizenship: Black Diamond Capital, LLC - Colorado; and Blair W.
McNea - United States
(d) Title of Class of Securities: Common stock, par value $.0001 per
share (the "Shares"), of the Issuer
(e) CUSIP Number: 709632 10 3
Item 3: Not Applicable
Item 4: OWNERSHIP
(a-b) On October 28, 1999, the Issuer completed an initial public
offering of 1,250,000 Shares (the "Offering"). After giving effect
to the issuance of 1,250,000 Shares in the Offering, the Reporting
Persons may be deemed to directly beneficially own in the
aggregate 732,419 Shares representing approximately 15.49% of the
Issuer's outstanding Shares (based upon the Shares stated to be
outstanding as of the completion of the Offering as reported by
the Issuer in the Issuer's Form SB-2 filing filed with the
Securities and Exchange Commission on October 28, 1999). Mr.
McNea, as the sole member of Black Diamond, may be deemed to
beneficially own (as that term is defined in Rule 13d-3 under the
Act) the Shares which Black Diamond directly beneficially owns.
Mr. McNea disclaims beneficial ownership of such Shares for all
other purposes.
(c) Black Diamond has the sole voting power with regard to the 732,419
Shares beneficially owned directly by it. Black Diamond has the
sole dispositive power with regard to no Shares beneficially owned
directly by it and shared dispositive power with regard to 732,419
Shares beneficially owned by it. Mr. McNea has shared voting power
and shared dispositive power with regard to 732,419 Shares.
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Item 5. Not Applicable
Item 6. Not Applicable
Item 7. Not Applicable
Item 8. Not Applicable
Item 9. Not Applicable
Item 10. Certification
(a) Not applicable
(b) 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 and were not acquired and
are not held in connection with or as a participant in any
transaction having that purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in the Statement to this Schedule 13D, is
true, correct and complete.
BLACK DIAMOND CAPITAL, LLC
/s/ Blair W. McNea
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Title: Member
/s/ Blair W. McNea
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Blair W. McNea
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