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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
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HMG WORLDWIDE CORP.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
458-774-00
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(CUSIP Number)
Sol Kest, 5150 Overland Avenue, Culver City, CA 90230, (310) 204-2050
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
12-29-99
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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 which is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(b)(3) or (4), check the following
box / /.
Check the following box if a fee is being paid with this statement /X/. (A
fee is not required only if the reporting 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.
*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).
(Continued on following page(s))
Page 1 of Pages
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CUSIP No. 458-774-00 13D Page of Pages
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Great Court Analysis, LLC
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(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons
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(2) Check the Appropriate Box if a Member (a) / /
of a Group* (b) /X/
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(3) SEC Use Only
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(4) Source of Funds*
PF
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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
California limited liability company
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Number of Shares (7) Sole Voting
Beneficially Owned Power 140,000 (as of 12/29/99)
by Each Reporting --------------------------------------------------
Person With (8) Shared Voting
Power 0
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(9) Sole Dispositive
Power 140,000 (as of 12/29/99)
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(10) Shared Dispositive
Power 0
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(11) Aggregate Amount Beneficially Owned by Each Reporting Person
140,000 (as of 12/29/99)
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(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares*
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(13) Percent of Class Represented by Amount in Row (11)
1.19% (11,737,060 divided by 140,000 = 1.19%) (as of 12/29/99)
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(14) Type of Reporting Person*
00
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*SEE INSTRUCTION BEFORE FILLING OUT!
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Page of Pages
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ITEM 1. SECURITY AND ISSUER
Common Stock
HMG Worldwide Corp.
475 Tenth Ave., New York, New York 10018-1184
ITEM 2. IDENTITY AND BACKGROUND
(a) Great Court Analysis, LLC, a California limited liability company
(b) 5150 Overland Avenue, Culver City, CA 90230, Attn: Sol Kest
(c) Investment
(d) no
(e) no
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
Personal Funds
$675,000
ITEM 4. PURPOSE OF TRANSACTION
Investment
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
On December 29, 1999, Reporting Person disposed of majority of shares
of common stock owned by Reporting Person in Issuer. Reporting Person
now owns LESS THAN 5% of registered equity securities of Issuer.
Reporting Person continues to own 140,000 shares of common stock of
Issuer, or approximately 1.19% of outstanding shares of common stock
of Issuer (per 10-Q of Issuer for period ended September 30, 1999).
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
none
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
none
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.
1/24/00
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(Date)
/s/ Sol Kest
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(Signature)
Sol Kest, a Managing Member
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(Name/Title)
