<PAGE>
------------
OMB APPROVAL
------------
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
----------------
SCHEDULE 13D
(Rule 13d-101)
Under the Securities Exchange Act of 1934
(Amendment No. 2)
INCOMNET, INC.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, No Par Value
- --------------------------------------------------------------------------------
(Title of Class of Securities)
453365 20-7
- --------------------------------------------------------------------------------
(CUSIP Number)
Robert S. Matlin, Esq.
Camhy Karlinsky & Stein LLP
1740 Broadway, 16th floor
New York, New York 10019
(212) 977-6600
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
October 13, 1998
- --------------------------------------------------------------------------------
(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 Rule 13d-1(e), 13d-1(f), or 13d-1(g), check the following
box [ ].
Check the following box if a fee is being paid with this statement [ ]. (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
Note: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) for other parties to whom copies are to be
sent.
<PAGE>
_______________________________________________________________________________
CUSIP No. 45765C 10-3 SCHEDULE 13D Page 2 of 16 Pages
_______________________________________________________________________________
1 NAME OF REPORTING PERSONS
Robert Cohen
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
______________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
______________________________________________________________________________
3 SEC USE ONLY
______________________________________________________________________________
4 SOURCE OF FUNDS
PF
______________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
______________________________________________________________________________
6 CITIZENSHIP OR PLACE OR ORGANIZATION
United States
______________________________________________________________________________
| |
| 7 | SOLE VOTING POWER
| | 2,827,637 shares (see Item 6)
|_____|________________________________________________________
NUMBER OF | |
SHARES | 8 | SHARED VOTING POWER
BENEFICIALLY | | -0-
OWNED BY |_____|________________________________________________________
EACH | |
REPORTING | 9 | SOLE DISPOSITIVE POWER
PERSON WITH | | 2,827,637 shares
|_____|________________________________________________________
| |
| 10 | SHARED DISPOSITIVE POWER
| | -0-
_______________|_____|_________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,827,637 shares
______________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
______________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.9%
______________________________________________________________________________
14 TYPE OF REPORTING PERSON
IN
______________________________________________________________________________
<PAGE>
_______________________________________________________________________________
CUSIP No. 45765C 10-3 SCHEDULE 13D Page 3 of 16 Pages
_______________________________________________________________________________
1 NAME OF REPORTING PERSONS
Jeffrey Rubin
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
______________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
______________________________________________________________________________
3 SEC USE ONLY
______________________________________________________________________________
4 SOURCE OF FUNDS
PF
______________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
______________________________________________________________________________
6 CITIZENSHIP OR PLACE OR ORGANIZATION
United States
______________________________________________________________________________
| |
| 7 | SOLE VOTING POWER
| | 6,000 shares
|_____|________________________________________________________
NUMBER OF | |
SHARES | 8 | SHARED VOTING POWER
BENEFICIALLY | | -0-
OWNED BY |_____|________________________________________________________
EACH | |
REPORTING | 9 | SOLE DISPOSITIVE POWER
PERSON WITH | | 6,000 shares
|_____|________________________________________________________
| |
| 10 | SHARED DISPOSITIVE POWER
| | -0-
_______________|_____|_________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,000 shares
______________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
______________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
less than .0%
______________________________________________________________________________
14 TYPE OF REPORTING PERSON
IN
______________________________________________________________________________
<PAGE>
_______________________________________________________________________________
CUSIP No. 45765C 10-3 SCHEDULE 13D Page 4 of 16 Pages
_______________________________________________________________________________
1 NAME OF REPORTING PERSONS
Stefanie Rubin
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
______________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
______________________________________________________________________________
3 SEC USE ONLY
______________________________________________________________________________
4 SOURCE OF FUNDS
PF
______________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
______________________________________________________________________________
6 CITIZENSHIP OR PLACE OR ORGANIZATION
United States
______________________________________________________________________________
| |
| 7 | SOLE VOTING POWER
| | 2,358,654 shares (see Item 6)
|_____|________________________________________________________
NUMBER OF | |
SHARES | 8 | SHARED VOTING POWER
BENEFICIALLY | | -0-
OWNED BY |_____|________________________________________________________
EACH | |
REPORTING | 9 | SOLE DISPOSITIVE POWER
PERSON WITH | | 2,358,654 shares
|_____|________________________________________________________
| |
| 10 | SHARED DISPOSITIVE POWER
| | -0-
_______________|_____|_________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,358,654 shares
______________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
______________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.2%
______________________________________________________________________________
14 TYPE OF REPORTING PERSON
IN
______________________________________________________________________________
<PAGE>
_______________________________________________________________________________
CUSIP No. 45765C 10-3 SCHEDULE 13D Page 5 of 16 Pages
_______________________________________________________________________________
1 NAME OF REPORTING PERSONS
Allyson Cohen
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
______________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
______________________________________________________________________________
3 SEC USE ONLY
______________________________________________________________________________
4 SOURCE OF FUNDS
PF
______________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
______________________________________________________________________________
6 CITIZENSHIP OR PLACE OR ORGANIZATION
United States
______________________________________________________________________________
| |
| 7 | SOLE VOTING POWER
| | 576,316 shares (see Item 6)
|_____|________________________________________________________
NUMBER OF | |
SHARES | 8 | SHARED VOTING POWER
BENEFICIALLY | | -0-
OWNED BY |_____|________________________________________________________
EACH | |
REPORTING | 9 | SOLE DISPOSITIVE POWER
PERSON WITH | | 576,316 shares
|_____|________________________________________________________
| |
| 10 | SHARED DISPOSITIVE POWER
| | -0-
_______________|_____|_________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
576,316 shares
______________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
______________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.8%
______________________________________________________________________________
14 TYPE OF REPORTING PERSON
IN
______________________________________________________________________________
<PAGE>
_______________________________________________________________________________
CUSIP No. 45765C 10-3 SCHEDULE 13D Page 6 of 16 Pages
_______________________________________________________________________________
1 NAME OF REPORTING PERSONS
Jeffrey Cohen
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
______________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
______________________________________________________________________________
3 SEC USE ONLY
______________________________________________________________________________
4 SOURCE OF FUNDS
PF
______________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
______________________________________________________________________________
6 CITIZENSHIP OR PLACE OR ORGANIZATION
United States
______________________________________________________________________________
| |
| 7 | SOLE VOTING POWER
| | 1,668,947 shares (see Item 6)
|_____|________________________________________________________
NUMBER OF | |
SHARES | 8 | SHARED VOTING POWER
BENEFICIALLY | | -0-
OWNED BY |_____|________________________________________________________
EACH | |
REPORTING | 9 | SOLE DISPOSITIVE POWER
PERSON WITH | | 1,668,947 shares
|_____|________________________________________________________
| |
| 10 | SHARED DISPOSITIVE POWER
| | -0-
_______________|_____|_________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,668,947 shares
______________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
______________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.3%
______________________________________________________________________________
14 TYPE OF REPORTING PERSON
IN
______________________________________________________________________________
<PAGE>
_______________________________________________________________________________
CUSIP No. 45765C 10-3 SCHEDULE 13D Page 7 of 16 Pages
_______________________________________________________________________________
1 NAME OF REPORTING PERSONS
Alan Cohen
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
______________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
______________________________________________________________________________
3 SEC USE ONLY
______________________________________________________________________________
4 SOURCE OF FUNDS
PF
______________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
______________________________________________________________________________
6 CITIZENSHIP OR PLACE OR ORGANIZATION
United States
______________________________________________________________________________
| |
| 7 | SOLE VOTING POWER
| | 632,316 shares (see Item 6)
|_____|________________________________________________________
NUMBER OF | |
SHARES | 8 | SHARED VOTING POWER
BENEFICIALLY | | -0-
OWNED BY |_____|________________________________________________________
EACH | |
REPORTING | 9 | SOLE DISPOSITIVE POWER
PERSON WITH | | 632,316 shares
|_____|________________________________________________________
| |
| 10 | SHARED DISPOSITIVE POWER
| | -0-
_______________|_____|_________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
632,316 shares
______________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
______________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.0%
______________________________________________________________________________
14 TYPE OF REPORTING PERSON
IN
______________________________________________________________________________
<PAGE>
_______________________________________________________________________________
CUSIP No. 45765C 10-3 SCHEDULE 13D Page 8 of 16 Pages
_______________________________________________________________________________
1 NAME OF REPORTING PERSONS
Meryl Cohen
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
______________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
______________________________________________________________________________
3 SEC USE ONLY
______________________________________________________________________________
4 SOURCE OF FUNDS
PF
______________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
______________________________________________________________________________
6 CITIZENSHIP OR PLACE OR ORGANIZATION
United States
______________________________________________________________________________
| |
| 7 | SOLE VOTING POWER
| | 526,316 shares (see Item 6)
|_____|________________________________________________________
NUMBER OF | |
SHARES | 8 | SHARED VOTING POWER
BENEFICIALLY | | -0-
OWNED BY |_____|________________________________________________________
EACH | |
REPORTING | 9 | SOLE DISPOSITIVE POWER
PERSON WITH | | 526,316 shares
|_____|________________________________________________________
| |
| 10 | SHARED DISPOSITIVE POWER
| | -0-
_______________|_____|_________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
526,316 shares
______________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
______________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.7%
______________________________________________________________________________
14 TYPE OF REPORTING PERSON
IN
______________________________________________________________________________
<PAGE>
_______________________________________________________________________________
CUSIP No. 45765C 10-3 SCHEDULE 13D Page 9 of 16 Pages
_______________________________________________________________________________
1 NAME OF REPORTING PERSONS
Meryl Cohen, custodian for Gabrielle Cohen
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
______________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
______________________________________________________________________________
3 SEC USE ONLY
______________________________________________________________________________
4 SOURCE OF FUNDS
PF
______________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
______________________________________________________________________________
6 CITIZENSHIP OR PLACE OR ORGANIZATION
United States
______________________________________________________________________________
| |
| 7 | SOLE VOTING POWER
| | 263,158 shares (see Item 6)
|_____|________________________________________________________
NUMBER OF | |
SHARES | 8 | SHARED VOTING POWER
BENEFICIALLY | | -0-
OWNED BY |_____|________________________________________________________
EACH | |
REPORTING | 9 | SOLE DISPOSITIVE POWER
PERSON WITH | | 263,158 shares
|_____|________________________________________________________
| |
| 10 | SHARED DISPOSITIVE POWER
| | -0-
_______________|_____|_________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
263,158 shares
______________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
______________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.8%
______________________________________________________________________________
14 TYPE OF REPORTING PERSON
IN
______________________________________________________________________________
<PAGE>
_______________________________________________________________________________
CUSIP No. 45765C 10-3 SCHEDULE 13D Page 10 of 16 Pages
_______________________________________________________________________________
1 NAME OF REPORTING PERSONS
Meryl Cohen, custodian for Jaclyn Cohen
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
______________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
______________________________________________________________________________
3 SEC USE ONLY
______________________________________________________________________________
4 SOURCE OF FUNDS
PF
______________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
______________________________________________________________________________
6 CITIZENSHIP OR PLACE OR ORGANIZATION
United States
______________________________________________________________________________
| |
| 7 | SOLE VOTING POWER
| | 263,158 shares (see Item 6)
|_____|________________________________________________________
NUMBER OF | |
SHARES | 8 | SHARED VOTING POWER
BENEFICIALLY | | -0-
OWNED BY |_____|________________________________________________________
EACH | |
REPORTING | 9 | SOLE DISPOSITIVE POWER
PERSON WITH | | 263,158 shares
|_____|________________________________________________________
| |
| 10 | SHARED DISPOSITIVE POWER
| | -0-
_______________|_____|_________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
263,158 shares
______________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
______________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.8%
______________________________________________________________________________
14 TYPE OF REPORTING PERSON
IN
______________________________________________________________________________
<PAGE>
_______________________________________________________________________________
CUSIP No. 45765C 10-3 SCHEDULE 13D Page 11 of 16 Pages
_______________________________________________________________________________
1 NAME OF REPORTING PERSONS
Meryl Cohen, custodian for Erica Cohen
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
______________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
______________________________________________________________________________
3 SEC USE ONLY
______________________________________________________________________________
4 SOURCE OF FUNDS
PF
______________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
______________________________________________________________________________
6 CITIZENSHIP OR PLACE OR ORGANIZATION
United States
______________________________________________________________________________
| |
| 7 | SOLE VOTING POWER
| | 263,158 shares (see Item 6)
|_____|________________________________________________________
NUMBER OF | |
SHARES | 8 | SHARED VOTING POWER
BENEFICIALLY | | -0-
OWNED BY |_____|________________________________________________________
EACH | |
REPORTING | 9 | SOLE DISPOSITIVE POWER
PERSON WITH | | 263,158 shares
|_____|________________________________________________________
| |
| 10 | SHARED DISPOSITIVE POWER
| | -0-
_______________|_____|_________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
263,158 shares
______________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
______________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.8%
______________________________________________________________________________
14 TYPE OF REPORTING PERSON
IN
______________________________________________________________________________
<PAGE>
_______________________________________________________________________________
CUSIP No. 45765C 10-3 SCHEDULE 13D Page 12 of 16 Pages
_______________________________________________________________________________
1 NAME OF REPORTING PERSONS
Meryl Cohen, custodian for Nicole Cohen
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
______________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
______________________________________________________________________________
3 SEC USE ONLY
______________________________________________________________________________
4 SOURCE OF FUNDS
PF
______________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
______________________________________________________________________________
6 CITIZENSHIP OR PLACE OR ORGANIZATION
United States
______________________________________________________________________________
| |
| 7 | SOLE VOTING POWER
| | 263,158 shares (see Item 6)
|_____|________________________________________________________
NUMBER OF | |
SHARES | 8 | SHARED VOTING POWER
BENEFICIALLY | | -0-
OWNED BY |_____|________________________________________________________
EACH | |
REPORTING | 9 | SOLE DISPOSITIVE POWER
PERSON WITH | | 263,158 shares
|_____|________________________________________________________
| |
| 10 | SHARED DISPOSITIVE POWER
| | -0-
_______________|_____|_________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
263,158 shares
______________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
______________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.8%
______________________________________________________________________________
14 TYPE OF REPORTING PERSON
IN
______________________________________________________________________________
<PAGE>
_______________________________________________________________________________
CUSIP No. 45765C 10-3 SCHEDULE 13D Page 13 of 16 Pages
_______________________________________________________________________________
1 NAME OF REPORTING PERSONS
Lenore Katz
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
______________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
______________________________________________________________________________
3 SEC USE ONLY
______________________________________________________________________________
4 SOURCE OF FUNDS
PF
______________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
______________________________________________________________________________
6 CITIZENSHIP OR PLACE OR ORGANIZATION
United States
______________________________________________________________________________
| |
| 7 | SOLE VOTING POWER
| | 574,561 shares (see Item 6)
|_____|________________________________________________________
NUMBER OF | |
SHARES | 8 | SHARED VOTING POWER
BENEFICIALLY | | -0-
OWNED BY |_____|________________________________________________________
EACH | |
REPORTING | 9 | SOLE DISPOSITIVE POWER
PERSON WITH | | 574,561 shares
|_____|________________________________________________________
| |
| 10 | SHARED DISPOSITIVE POWER
| | -0-
_______________|_____|_________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
574,561 shares
______________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
______________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.8%
______________________________________________________________________________
14 TYPE OF REPORTING PERSON
IN
______________________________________________________________________________
<PAGE>
_______________________________________________________________________________
CUSIP No. 45765C 10-3 SCHEDULE 13D Page 14 of 16 Pages
_______________________________________________________________________________
1 NAME OF REPORTING PERSONS
Broadway Partners (Stefanie Rubin, Allyson Cohen, Jeffrey Cohen,
and Meryl Cohen as custodian for Gabrielle Cohen and Jaclyn Cohen
individually are the partners of the partnership)
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
______________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
______________________________________________________________________________
3 SEC USE ONLY
______________________________________________________________________________
4 SOURCE OF FUNDS
PF
______________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
______________________________________________________________________________
6 CITIZENSHIP OR PLACE OR ORGANIZATION
United States
______________________________________________________________________________
| |
| 7 | SOLE VOTING POWER
| | 1,092,632 shares (see Item 6)
|_____|________________________________________________________
NUMBER OF | |
SHARES | 8 | SHARED VOTING POWER
BENEFICIALLY | | -0-
OWNED BY |_____|________________________________________________________
EACH | |
REPORTING | 9 | SOLE DISPOSITIVE POWER
PERSON WITH | | 1,092,632 shares
|_____|________________________________________________________
| |
| 10 | SHARED DISPOSITIVE POWER
| | -0-
_______________|_____|_________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,092,632 shares
______________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
______________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.5%
______________________________________________________________________________
14 TYPE OF REPORTING PERSON
IN
______________________________________________________________________________
<PAGE>
_______________________________________________________________________________
Page 15 of 16 Pages
_______________________________________________________________________________
Item 1. Securities and Issuer.
This statement is the second Amendment to the statement on Schedule 13D filed on
June 19, 1998 (the "Statement") with the Securities and Exchange Commission by
Robert Cohen, Jeffrey Rubin, Stefanie Rubin, Allyson Cohen, Jeffrey Cohen, Alan
Cohen, Meryl Cohen (individually and as custodian for Gabrielle Cohen, Jaclyn
Cohen, Erica Cohen, and Nicole Cohen), Lenore Katz, and Broadway Partners
(collectively the "Reporting Persons" or the "Group") in connection with the
Reporting Persons beneficial ownership of the Series A and Series B preferred
stock (collectively the "Preferred Stock") and the common stock, no par value
per share (the "Common Stock"), issued by Incomnet, Inc. ("Incomnet" or the
"Company"). All capitalized terms used and not defined in this Amendment No. 2
have the meanings given to them in the Statement and in Amendment No. 1 to the
Statement filed on July 20, 1998 ("Amendment No. 1").
Item 2. Identity and Background.
The Reporting Persons, other than Mr. Jeffrey Rubin who does not own any shares
of Preferred Stock, have entered into an option agreement with Mr. John P. Casey
(the "Option Agreement") which was previously disclosed in Amendment No. 1.
Item 3. Source and Amount of Funds or Other Consideration.
Pursuant to the Option Agreement, Mr. Casey paid the Reporting Persons other
than Mr. Jeffrey Rubin (the "Sellers") a total of $300,000 for the option to
purchase all of their Preferred Shares. On July 15, 1998, the Sellers received a
check in the amount of $150,000 from Mr. Casey and, on August 14,1998, the
Sellers received a check in the amount of $150,000 from Mr. Casey.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to
Securities of the Issuer.
As previously disclosed in Amendment No. 1 to the Statement, the Sellers granted
Mr. Casey the Option to acquire all the Preferred Shares owned by them. Under
the terms of the Option Agreement, the Option was exercisable during the Option
Term commencing at 2:00 p.m. (Pacific time) on July 15, 1998 and terminating at
11:59 p.m. (Pacific time) on October 14, 1998 (the "Option Term"). Pursuant to a
letter agreement from Mr. Casey to the Sellers, dated October 13, 1998, the
termination date of the Option Term was extended from October 14, 1998 at 11:59
p.m. (Pacific Time) to November 5, 1998 at 11:59 p.m. (Pacific Time).
Item 7. Material to Be Filed as Exhibits
Exhibit A - Joint Filing Agreement among the Reporting Persons.
Exhibit B - Letter Agreement, dated October 13, 1998, between John P. Casey and
the Sellers.
<PAGE>
_______________________________________________________________________________
Page 14 of 16 Pages
_______________________________________________________________________________
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.
October 19, 1998 /S/ ROBERT COHEN
---------------------------
Robert Cohen
/S/ JEFFREY RUBIN
---------------------------
Jeffrey Rubin
/S/ STEFANIE RUBIN
---------------------------
Stefanie Rubin
/S/ ALLYSON COHEN
---------------------------
Allyson Cohen
/S/ JEFFREY COHEN
---------------------------
Jeffrey Cohen
/S/ ALAN COHEN
---------------------------
Alan Cohen
/S/ MERYL COHEN
---------------------------
Meryl Cohen
GABRIELLE COHEN
By: /S/ MERYL COHEN
---------------------------
Meryl Cohen, Custodian
JACLYN COHEN
By: /S/ MERYL COHEN
---------------------------
Meryl Cohen, Custodian
ERICA COHEN
By: /S/ MERYL COHEN
---------------------------
Meryl Cohen, Custodian
NICOLE COHEN
By: /S/ MERYL COHEN
---------------------------
Meryl Cohen, Custodian
/S/ LENORE KATZ
---------------------------
Lenore Katz
BROADWAY PARTNERS
By: /S/ JEFFREY COHEN
---------------------------
Jeffrey Cohen
<PAGE>
Exhibit A
JOINT FILING AGREEMENT
Each of the undersigned hereby agrees to file jointly the statement on
Schedule 13 D to which this Agreement is attached, and any amendments thereto
which may be deemed necessary, pursuant to Regulation 13d (2)(f) promulgated
under the Securities Exchange Act of 1934, as amended.
It is understood and agreed that each of the parties hereto is
responsible for the timely filing of such statement and any amendments thereto,
and for the completeness and accuracy of information concerning such party
contained therein, but such party is not responsible for the completeness or
accuracy of information concerning any other party unless such party knows or
has reason to believe that such information is inaccurate.
It is understood and agreed that a copy of this Agreement shall be
attached as an exhibit to the statements on Schedule 13D, and any amendments
hereto, filed on behalf of each of the parties hereto.
Date: June 17, 1998 /S/ ROBERT COHEN
---------------------------
Robert Cohen
/S/ JEFFREY RUBIN
---------------------------
Jeffrey Rubin
/S/ STEFANIE RUBIN
---------------------------
Stefanie Rubin
/S/ ALLYSON COHEN
---------------------------
Allyson Cohen
/S/ JEFFREY COHEN
---------------------------
Jeffrey Cohen
/S/ ALAN COHEN
---------------------------
Alan Cohen
/S/ MERYL COHEN
---------------------------
Meryl Cohen
GABRIELLE COHEN
By: /S/ MERYL COHEN
---------------------------
Meryl Cohen, Custodian
JACLYN COHEN
By: /S/ MERYL COHEN
---------------------------
Meryl Cohen, Custodian
ERICA COHEN
By: /S/ MERYL COHEN
---------------------------
Meryl Cohen, Custodian
NICOLE COHEN
By: /S/ MERYL COHEN
---------------------------
Meryl Cohen, Custodian
/S/ LENORE KATZ
---------------------------
Lenore Katz
BROADWAY PARTNERS
By: /S/ JEFFREY COHEN
---------------------------
Jeffrey Cohen
<PAGE>
Exhibit B
Dr. Robert Cohen
1500 Hempstead Turnpike
East Meadow, New York 11554
Dear Bob:
This letter, when executed by you, will confirm our understanding that
you and the other "Sellers" as defined in the Option Agreement dated July 15,
1998 among the Sellers and me (the "Option Agreement") have agreed to extend the
"Term" of the Option until 11:59 p.m. (Pacific Time) on November 5, 1998. All
other terms of the Option Agreement shall continue in full force, your signature
below also confirms that you have the authority to execute this extension on
behalf of each of the Sellers.
Very truly yours,
/s/ John P. Casey
-----------------------------
John P. Casey
Agreed and Accepted by and
on behalf of each of the Sellers on
this 13th day of October, 1998
/s/ Robert Cohen
- --------------------------
Robert Cohen
