UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
-----------------
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 7)*
The Village Green Bookstore, Inc.
----------------------------------------------------
(Name of Issuer)
Common Stock, par value $.001 per share
----------------------------------------------------
(Title of Class of Securities)
927077206
----------------------------------------------------
(CUSIP Number)
Mr. Steven B. Sands
c/o Sands Brothers & Co., Ltd.
90 Park Avenue
New York, New York 10016 (212) 697-5200
----------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
December 30, 1996
----------------------------------------------------
(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 the statement |_|. (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).
Page 1 of 19 pages
<PAGE>
CUSIP No. 927077206 SCHEDULE 13D Page 2 of 19 Pages
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Steven B. Sands
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group* a. |_|
b. |x|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds*
AF
- --------------------------------------------------------------------------------
5 Check Box If Disclosure of Legal Proceedings Is Required Pursuant to Item
2(d) or 2(e) |_|
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization
United States of America
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of
Shares None
Beneficially --------------------------------------------------------
Owned By 8 Shared Voting Power
Each
Reporting 59,500
Person --------------------------------------------------------
With 9 Sole Dispositive Power
None
--------------------------------------------------------
10 Shared Dispositive Power
59,500
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
59,500
- --------------------------------------------------------------------------------
12 Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
13 Percent of Class Represented By Amount in Row (11)
1.59%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION
<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
-----------------
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 7)*
The Village Green Bookstore, Inc.
----------------------------------------------------
(Name of Issuer)
Common Stock, par value $.001 per share
----------------------------------------------------
(Title of Class of Securities)
927077206
----------------------------------------------------
(CUSIP Number)
Mr. Steven B. Sands
c/o Sands Brothers & Co., Ltd.
90 Park Avenue
New York, New York 10016 (212) 697-5200
----------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
December 30, 1996
----------------------------------------------------
(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 the statement |_|. (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).
Page 3 of 19 pages
<PAGE>
CUSIP No. 927077206 SCHEDULE 13D Page 4 of 19 Pages
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Martin S. Sands
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group* a. |_|
b. |x|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds*
AF
- --------------------------------------------------------------------------------
5 Check Box If Disclosure of Legal Proceedings Is Required Pursuant to Item
2(d) or 2(e) |_|
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization
United States of America
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of
Shares None
Beneficially --------------------------------------------------------
Owned By 8 Shared Voting Power
Each
Reporting 59,500
Person --------------------------------------------------------
With 9 Sole Dispositive Power
None
--------------------------------------------------------
10 Shared Dispositive Power
59,500
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
59,500
- --------------------------------------------------------------------------------
12 Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
13 Percent of Class Represented By Amount in Row (11)
1.59%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION
<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
-----------------
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 3)*
The Village Green Bookstore, Inc.
----------------------------------------------------
(Name of Issuer)
Common Stock, par value $.001 per share
----------------------------------------------------
(Title of Class of Securities)
927077206
----------------------------------------------------
(CUSIP Number)
Mr. Steven B. Sands
c/o Sands Brothers & Co., Ltd.
90 Park Avenue
New York, New York 10016 (212) 697-5200
----------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
December 30, 1996
----------------------------------------------------
(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 the statement |_|. (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).
Page 5 of 19 pages
<PAGE>
CUSIP No. 927077206 SCHEDULE 13D Page 6 of 19 Pages
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Katie and Adam Bridge Partners, L.P.
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group* a. |_|
b. |x|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds*
WC
- --------------------------------------------------------------------------------
5 Check Box If Disclosure of Legal Proceedings Is Required Pursuant to Item
2(d) or 2(e) |_|
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization
Delaware
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of
Shares 40,000
Beneficially --------------------------------------------------------
Owned By 8 Shared Voting Power
Each
Reporting None
Person --------------------------------------------------------
With 9 Sole Dispositive Power
40,000
--------------------------------------------------------
10 Shared Dispositive Power
None
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
40,000
- --------------------------------------------------------------------------------
12 Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
13 Percent of Class Represented By Amount in Row (11)
1.07%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION
<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
-----------------
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 4)*
The Village Green Bookstore, Inc.
----------------------------------------------------
(Name of Issuer)
Common Stock, par value $.001 per share
----------------------------------------------------
(Title of Class of Securities)
927077206
----------------------------------------------------
(CUSIP Number)
Mr. Steven B. Sands
c/o Sands Brothers & Co., Ltd.
90 Park Avenue
New York, New York 10016 (212) 697-5200
----------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
December 30, 1996
----------------------------------------------------
(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 the statement |_|. (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).
Page 7 of 19 pages
<PAGE>
CUSIP No. 927077206 SCHEDULE 13D Page 8 of 19 Pages
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Jenna Partners, L.P.
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group* a. |_|
b. |x|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds*
WC
- --------------------------------------------------------------------------------
5 Check Box If Disclosure of Legal Proceedings Is Required Pursuant to Item
2(d) or 2(e) |_|
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization
Delaware
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of
Shares 9,500
Beneficially --------------------------------------------------------
Owned By 8 Shared Voting Power
Each
Reporting None
Person --------------------------------------------------------
With 9 Sole Dispositive Power
9,500
--------------------------------------------------------
10 Shared Dispositive Power
None
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
9,500
- --------------------------------------------------------------------------------
12 Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
13 Percent of Class Represented By Amount in Row (11)
0.25%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION
<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
-----------------
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 3)*
The Village Green Bookstore, Inc.
----------------------------------------------------
(Name of Issuer)
Common Stock, par value $.001 per share
----------------------------------------------------
(Title of Class of Securities)
927077206
----------------------------------------------------
(CUSIP Number)
Mr. Steven B. Sands
c/o Sands Brothers & Co., Ltd.
90 Park Avenue
New York, New York 10016 (212) 697-5200
----------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
December 30, 1996
----------------------------------------------------
(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 the statement |_|. (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).
Page 9 of 19 pages
<PAGE>
CUSIP No. 927077206 SCHEDULE 13D Page 10 of 19 Pages
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Owl-1 Partners, L.P.
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group* a. |_|
b. |x|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds*
WC
- --------------------------------------------------------------------------------
5 Check Box If Disclosure of Legal Proceedings Is Required Pursuant to Item
2(d) or 2(e) |_|
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization
Delaware
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of
Shares 10,000
Beneficially --------------------------------------------------------
Owned By 8 Shared Voting Power
Each
Reporting None
Person --------------------------------------------------------
With 9 Sole Dispositive Power
10,000
--------------------------------------------------------
10 Shared Dispositive Power
None
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
10,000
- --------------------------------------------------------------------------------
12 Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
13 Percent of Class Represented By Amount in Row (11)
0.27%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION
<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
-----------------
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 2)*
The Village Green Bookstore, Inc.
----------------------------------------------------
(Name of Issuer)
Common Stock, par value $.001 per share
----------------------------------------------------
(Title of Class of Securities)
927077206
----------------------------------------------------
(CUSIP Number)
Mr. Steven B. Sands
c/o Sands Brothers & Co., Ltd.
90 Park Avenue
New York, New York 10016 (212) 697-5200
----------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
December 30, 1996
----------------------------------------------------
(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 the statement |_|. (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).
Page 11 of 19 pages
<PAGE>
CUSIP No. 927077206 SCHEDULE 13D Page 12 of 19 Pages
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Rawhide Partners, L.P. (See Item 2)
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group* a. |_|
b. |x|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds*
WC
- --------------------------------------------------------------------------------
5 Check Box If Disclosure of Legal Proceedings Is Required Pursuant to Item
2(d) or 2(e) |_|
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization
Delaware
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of
Shares None
Beneficially --------------------------------------------------------
Owned By 8 Shared Voting Power
Each
Reporting None
Person --------------------------------------------------------
With 9 Sole Dispositive Power
None
--------------------------------------------------------
10 Shared Dispositive Power
None
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
None
- --------------------------------------------------------------------------------
12 Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
13 Percent of Class Represented By Amount in Row (11)
None
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION
<PAGE>
Item 1. Security and Issuer
This statement relates to the shares of common stock, par value $.001 per
share ("Common Stock"), of The Village Green Bookstore, Inc., a New York
corporation (the "Company") with principal executive offices located at 1357
Monroe Avenue, Rochester, New York 14618. This statement constitutes (A)
Amendment No. 7 to the Schedule 13D of Steven B. Sands, originally filed with
the Securities and Exchange Commission (the "Commission") on July 8, 1993, as
amended by (i) Amendment No. 1 thereto filed with the Commission on August 4,
1993; (ii) Amendment No. 2 thereto filed with the Commission on April 7, 1994;
(iii) Amendment No. 3 thereto filed with the Commission on January 5, 1995; (iv)
Amendment No. 4 thereto filed with the Commission on April 14, 1995; (v)
Amendment No. 5 thereto filed with the Commission on December 12, 1996 and (vi)
Amendment No. 6 thereto filed with the Commission on January 14, 1997; (B)
Amendment No. 7 to the Schedule 13D of Martin S. Sands, originally filed with
the Commission on July 8, 1993, as amended by (i) Amendment No. 1 thereto filed
with the Commission on August 4, 1993; (ii) Amendment No. 2 thereto filed with
the Commission on April 7, 1994; (iii) Amendment No. 3 thereto filed with the
Commission on January 5, 1995; (iv) Amendment No. 4 thereto filed with the
Commission on April 14, 1995; (v) Amendment No. 5 thereto filed with the
Commission on December 12, 1996 and (vi) Amendment No. 6 thereto filed with the
Commission on January 14, 1997; (C) Amendment No. 3 to the Schedule 13D of Katie
and Adam Bridge Partners, L.P., which Schedule 13D was originally filed with the
Commission on July 8, 1993, as amended by (i) Amendment No. 1 thereto filed with
the Commission on December 12, 1996 and (ii) Amendment No. 2 thereto filed with
the Commission on January 14, 1997; (D) Amendment No. 4 to the Schedule 13D of
Jenna Partners, L.P. related to the Common Stock, which Schedule 13D was
originally filed with the Commission on July 8, 1993, as amended by (i)
Amendment No. 1 thereto filed with the Commission on April 14, 1995; (ii)
Amendment No. 2 thereto filed with the Commission on December 12, 1996 and (iii)
Amendment No. 3 thereto filed with the Commission on January 14, 1997; (E)
Amendment No. 3 to the Schedule 13D of Owl-1 Partners, L.P. related to the
Common Stock, which Schedule 13D was originally filed with the Commission on
July 8, 1993, as amended by (i) Amendment No. 1 thereto filed with the
Commission on December 12, 1996 and (ii) Amendment No. 2 thereto filed with the
Commission on January 14, 1997; (G) Amendment No. 2 to the Schedule 13D of
Rawhide Partners, L.P. (See Item 2) related to the Common Stock, which Schedule
13D was originally filed with the Commission on December 12, 1996, as amended by
Amendment No. 1 thereto filed with the Commission on January 14, 1997 under the
name "Ponderosa Partners, L.P." (said Schedule 13D filings of Messrs. Steven B.
Sands and Martin S. Sands, Katie and Adam Bridge Partners, L.P., Jenna Partners,
L.P., Owl-1 Partners, L.P. and Rawhide Partners, L.P. are hereinafter
collectively referred to as the "Filing").
Except as disclosed herein, there has been no change in the information
previously reported in the Filing. Capitalized terms not defined herein shall
have the meanings ascribed to such terms in the Filing.
Page 13 of 19
<PAGE>
Item 2. Identity and Background
Item 5 is amended by the following:
All references to "Ponderosa Partners, L.P." contained in Amendment Nos. 5
and 6 of the subject Schedule 13D were inadvertently misstated. The correct
identification of this entity for purposes of the Schedule 13D is "Rawhide
Partners, L.P. Accordingly, all references to "Ponderosa Partners, L.P." and
"Ponderosa, L.P." set forth throughout the Schedule 13D are amended and restated
to read "Rawhide Partners, L.P." and "Rawhide L.P."
Item 5. Interest in Securities of the Issuer
Item 5 is amended by the following:
(a) amending and restating subsection (a) in its entirety as follows:
"Mr. Steven B. Sands is the beneficial owner of 59,500 shares of Common
Stock, or 1.59% of the Company's Common Stock outstanding. Such ownership is
indirect. Such shares of Common Stock are owned directly by K & A, L.P., Jenna,
L.P. and Owl-1, L.P., each of whose ownership is described below. As an
executive officer or director of the corporate general partners of each of the
investment partnerships, Mr. Steven B. Sands has shared indirect power to
dispose of such Common Stock. Steven Sands' dispositive power, however, is
shared with Mr. Martin S. Sands. Mr. Steven B. Sands is the brother of Mr.
Martin S. Sands. Mr. Steven B. Sands acknowledges his relationship with each of
K & A, L.P., K & A Corp., Jenna, L.P., Jenna Corp., Owl-1, L.P., and Owl Inc.,
but does not affirm that these partnerships and their general partners
constitute a group for reporting purposes under Section 13(d) of the Securities
Exchange Act of 1934, as amended." Sands Brothers may from time to time make a
market in the Common Stock of the Issuer and in connection therewith, purchases
and sells the Common Stock of the Issuer. Such market making activities may
commence or cease at any time. Steven B. Sands expressly disclaims beneficial
ownership of any shares of Common Stock held by Sands Brothers in connection
with such market making activities.
(b) amending and restating subsection (b) in its entirety as follows:
"Mr. Martin S. Sands is the beneficial owner of 59,500 shares of Common
Stock, or 1.59% of the Company's Common Stock outstanding. Such ownership is
indirect. Such shares of Common Stock are owned directly by K & A, L.P., Jenna,
L.P. and Owl-1, L.P., each of whose ownership is described below. As an
executive officer or director of the corporate general partners of each of the
investment partnerships, Mr. Martin S. Sands has shared indirect power to
dispose of such Common Stock. Martin Sands' dispositive power, however, is
shared with Mr. Steven B. Sands. Mr. Martin S. Sands is the brother of Mr.
Steven B. Sands. Mr. Martin S. Sands acknowledges his relationship with each of
K & A, L.P., K & A Corp., Jenna, L.P., Jenna Corp., Owl-1, L.P., and Owl Inc.,
but does not affirm that these partnerships and their general partners
constitute a group for reporting purposes under Section 13(d) of the Securities
Exchange Act of 1934, as amended." Sands Brothers may from time to time make a
market in the Common Stock of the Issuer and in connection therewith, purchases
and sells the Common Stock of the Issuer. Such market making activities may
commence or cease at any time. Martin S. Sands expressly disclaims beneficial
ownership of any shares of Common Stock held by Sands Brothers in connection
with such market making activities.
Page 14 of 19
<PAGE>
(c) amending and restating subsection (k) in its entirety as follows:
"Rawhide, L.P. does not own any shares of the Company's Common Stock.
Rawhide, L.P. sold on the open market, on December 30, 1996, 235,000 shares of
Common Stock at a sales price of $0.03125 per share."
Page 15 of 19
<PAGE>
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 5, 1997 /s/ Steven B. Sands
- ---------------- -------------------
Date Signature
Steven B. Sands
---------------
Name
RAWHIDE PARTNERS, L.P.
By: /s/ Steven B. Sands
--------------------------------
Steven B. Sands, General Partner
By: /s/ Martin S. Sands
--------------------------------
Martin S. Sands, General Partner
/s/ Martin S. Sands
--------------------------------
Signature
Martin S. Sands
--------------------------------
Name
KATIE AND ADAM BRIDGE PARTNERS, L.P.
By: K & A BRIDGE PARTNERS CORP.
General Partner
By: /s/ Steven B. Sands
--------------------------------
Steven B. Sands, President
Page 16 of 19
<PAGE>
JENNA PARTNERS, L.P.
By: JENNA CAPITAL CORP.,
General Partner
By: /s/ Martin S. Sands
----------------------------------
Martin S. Sands, President
OWL-1 PARTNERS, L.P.
By: OWL CAPITAL MANAGEMENT, INC.,
General Partner
By: /s/ Martin S. Sands
----------------------------------
Martin S. Sands, President
Page 17 of 19
<PAGE>
EXHIBIT 1 - JOINT FILING AGREEMENT
In accordance with Rule 13d-1(f) under the Securities Exchange Act of 1934,
the persons named below agree to the joint filing on behalf of each of them of a
Statement on Schedule 13D (including amendments thereto) with respect to the
common stock of The Village Green Bookstore, Inc., and further agree that this
Joint Filing Agreement be included as an Exhibit to such joint filings. In
evidence thereof the undersigned, being duly authorized, hereby execute this
Agreement this 5th day of February, 1997.
KATIE AND ADAM BRIDGE
PARTNERS, L.P.
BY: K & A BRIDGE PARTNERS CORP.,
General Partner
/s/ Steven B. Sands
-------------------------------
Steven B. Sands, President
JENNA PARTNERS, L.P.
BY: JENNA CAPITAL CORP.,
General Partner
/s/ Martin S. Sands
-------------------------------
Martin S. Sands, President
OWL-1 PARTNERS, L.P.
BY: OWL CAPITAL MANAGEMENT, INC.
General Partner
/s/ Martin S. Sands
-------------------------------
Martin S. Sands, President
RAWHIDE PARTNERS, L.P.
By:/s/ Steven B. Sands
-------------------------------
Steven B. Sands, General Partner
By:/s/ Martin S. Sands
-------------------------------
Martin S. Sands, General Partner
Page 18 of 19
<PAGE>
/s/ Steven B. Sands
-------------------------------
Steven B. Sands
/s/ Martin S. Sands
-------------------------------
Martin S. Sands
Page 19 of 19
