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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. )*
AARO Broadband Wireless Communications, Inc.
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(Name of Issuer)
Common Stock, .001 par value
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(Title of Class of Securities)
00252V106
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(CUSIP Number)
AARO Broadband Wireless Communications, Inc.
2100 Oklahoma Tower
210 Park Avenue
Oklahoma City, OK 73102
(405) 415-2750
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(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
October 5, 2000
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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 Rule 13d-1(e), 13d-1(f) or 13d-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 Rule 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
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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SCHEDULE 13D
CUSIP NO. PAGE 2 OF 5 PAGES
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1 NAME OF REPORTING PERSONS.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
The Oklahoma Publishing Company 73-1390378
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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 SOURCE OF FUNDS (SEE INSTRUCTIONS)
WC
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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
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7 SOLE VOTING POWER
NUMBER OF
SHARES 9,200,000. See Item 1.
BENEFICIALLY -----------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING 0
PERSON -----------------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
9,200,000. See Item 1.
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10 SHARED DISPOSITIVE POWER
0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,200,000. See Item 1.
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12 CHECK BOX 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)
16.62%
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14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
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SCHEDULE 13D
Item 1. SECURITY AND ISSUER.
This statement relates to shares of common stock, par value $ .001
share (the "Stock"), of AARO Broadband Wireless Communications, Inc. a
Nevada corporation (the "Issuer"). The person reporting on this
Schedule is also the owner of Series I Convertible Preferred Stock (the
"Series I Stock"), par value $.001, of the Issuer, and warrants to
purchase 1,600,000 shares of Common Stock of the Issuer. Each share of
Series I Stock is convertible into 3 shares of Common Stock at the
option of the holder. Each share of Series I Stock also entitles the
holder to 3 votes per share. The principle executive offices of the
Issuer are located at 2100 Oklahoma Tower 210 Park Avenue Oklahoma
City, OK 73102
Item 2. IDENTITY AND BACKGROUND.
(a) This statement is filed on behalf of The Oklahoma
Publishing Company ("OPUBCO"), a Delaware Corporation.
(b) OPUBCO's principal place of business is 9000 North
Broadway, Oklahoma City, OK 73114.
(c) During the past five years, OPUBCO has not been convicted
in a criminal proceeding.
(d) During the past five years, OPUBCO was not a party to a
civil proceeding of a judicial or administrative body of competent jurisdiction
and as a result of such proceeding was not or is not subject to a judgment
decree or final order enjoining future violations of, or prohibiting or
mandatory activities subject to, federal or state securities laws or finding an
violation with respect to such laws.
Item 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
The source and amount of the funds used by the Reporting Persons to
purchase shares of Stock are as follows:
REPORTING PERSON SOURCE OF FUNDS AMOUNT OF FUNDS
The Oklahoma Publishing Company Working Capital $3,600,000
Item 4. PURPOSE OF TRANSACTION.
OPUBCO acquired the Common Stock and Series I Stock as an investment.
While it may purchase additional Common Stock from time to time, except as set
forth herein, it has no plans or proposals which relate to or would affect the
Issuer's Corporate Structure policies or business operations, as enumerated in
clauses (a) through (j) of Item 4 of Schedule 13D.
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Page 4 of 5 Pages
Item 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) As of the date hereof, OPUBCO beneficially owns, upon conversion
of its Series I Stock and exercise of its Warrants, 9,200,000
shares, or 16.62%, of the Issuer's outstanding Common Stock.
(b) As of the date hereof, OPUBCO has sole power to vote, or to direct
the vote of and to dispose of, or direct the disposition of, the
shares of stock that it owns.
(c) During the past sixty days, OPUBCO purchased 2,000,000 shares of
the Issuer's Series I Stock which is convertible into 6,000,000
shares of Common Stock at a purchase price of $1.00 per share of
Series I Stock.
(d) No other person has the right to receive or the power to direct the
receipt of dividends from, or the proceeds from the sale of, the
securities mentioned in paragraph (a).
(e) OPUBCO has not ceased to be the beneficial owner of more than five
percent of the Common Stock.
Item 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
OPUBCO has no contracts, arrangements, understandings or relationships
with any person with respect to securities of the Issuer.
Item 7. MATERIAL TO BE FILED AS EXHIBITS.
NONE.
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.
DATED: October 16, 2000 THE OKLAHOMA PUBLISHING COMPANY, A
---------------- DELAWARE CORPORATION
By: /s/ DAVID C. STORY
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David C. Story, Treasurer
