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CUSIP No. 747280 10 5
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities and Exchange Act of 1934
(Amendment No. __)
QORUS.COM, INC.
(Name of Issuer)
COMMON STOCK, $0.001 PAR VALUE
(Title of Class of Securities)
747280 10 5
(CUSIP Number)
December 4, 1999
(Date of Event Which Requires the Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[X] Rule 13d-1(d)
*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 in 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. 747280 10 5
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1) Name of Reporting Person
I. R. S. Identification No. of Above Persons (entities only)
Thurston Interests, LLC
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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) Citizenship or Place of Organization Delaware
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Number of (5) Sole Voting Power 2,377,215
Shares Bene- -------------------------------------------------------
ficially
Owned by (6) Shared Voting Power 443,772
Reporting -------------------------------------------------------
Person With*
(7) Sole Dispositive Power 2,377,215
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(8) Shared Dispositive Power 443,772
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9) Aggregate Amount Beneficially Owned by Reporting Person 2,820,987
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10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ]
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11) Percent of Class Represented by Amount in Row (9) 24.8%
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12) Type of Reporting Person 00
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* The filing of this joint statement shall not be construed as an admission by
any reporting person that such person is, for the purposes of Section 13(d) or
13(g) of the Securities Act of 1933, as amended, the beneficial owner of any
securities covered by this statement, other than those disclosed on each
reporting person's cover page.
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP No. 747280 10 5
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ITEM 1(a). NAME OF ISSUER:
Qorus.com, Inc.
ITEM 2(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
9800 Sepulveda Boulevard, Suite 318, Los Angeles, California 90045
ITEM 2(a) NAME OF PERSON FILING:
Thurston Interests, LLC
ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
190 South LaSalle Street, Suite 1710, Chicago, Illinois 60603
ITEM 2(c). CITIZENSHIP:
Delaware
ITEM 2(d). TITLE OF CLASS OF SECURITIES:
Common Stock, $0.001 par value
ITEM 2(e). CUSIP NUMBER:
747280 10 5
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: .......................... 2,820,987
(b) Percent of class: ........................................ 24.8%
(c) Number of shares as to which the person has:
(i) Sole power to vote or direct the vote .......... 2,377,215
(ii) Shared power to vote or direct the vote .......... 443,772
(iii) Sole power to dispose or to direct the
disposition of ................................. 2,377,215
(iv) Shared power to dispose or to direct the
disposition of ................................... 443,772
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CUSIP No. 747280 10 5
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ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
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:
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.
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CUSIP No. 747280 10 5
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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.
February 11, 2000 THURSTON INTERESTS, LLC
By: /s/ Patrick J. Haynes, III
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Its: Member
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