UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No.2)*
J2 COMMUNICATIONS, INC.
(Name of Issuer)
Common Shares
(Title of Class of Securities)
46625420
(CUSIP Number)
Keith L. Schaitkin, Esq.
Gordon Altman Butowsky Weitzen Shalov & Wein
114 West 47th Street, 20th Floor
New York, New York 10036
(212) 626-0800
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
July 1, 1999
(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 ss.ss. 240.13d-1(e), 240.13d-1(f) or 240.13d-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).
<PAGE>
SCHEDULE 13D
(Amendment No. 2)
CUSIP No. 46625420
1 NAME OF REPORTING PERSON
Daniel S. Laikin
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
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 PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) //
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
7 SOLE VOTING POWER
142,700
8 SHARED VOTING POWER
0
9 SOLE DISPOSITIVE POWER
142,700
10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
142,700
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
//
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.73%
14 TYPE OF REPORTING PERSON*
IN
<PAGE>
SCHEDULE 13D
(Amendment No. 2)
CUSIP No. 46625420
1 NAME OF REPORTING PERSON
Paul Skjodt
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
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 PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) //
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Canada
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
7 SOLE VOTING POWER
123,500
8 SHARED VOTING POWER
0
9 SOLE DISPOSITIVE POWER
123,500
10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
123,500
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
//
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.15%
14 TYPE OF REPORTING PERSON*
IN
<PAGE>
SCHEDULE 13D
(Amendment No. 2)
Item 1. Security and Issuer
The Schedule 13D filed with the U.S. Securities and Exchange Commission
on June 17, 1999, by Daniel Laikin, a citizen of the United State of America and
Paul Skjodt, a citizen of Canada (collectively, the "Registrants") relating to
the common shares, no par value (the "Shares"), of J2 Communications, Inc., a
California corporation (the "Issuer"), as amended on June 22, 1999, is hereby
amended to furnish the additional information set forth herein.
Item 3. Source and Amount of Funds or Other Consideration
The aggregate purchase price of the 11,500 Shares purchased by the
Registrants not previously reported on a Schedule 13D by the Registrants
was $68,590 (excluding commissions). The source of funding for the purchase
of these Shares was the personal funds of the Registrants.
Item 4. Purpose of Transaction
The Registrants have and hope to continue to meet with management of
the Issuer in order suggest possible actions to improve the business of the
Issuer. In that regard, the Registrants have introduced and would hope to
continue to introduce members of management of the Issuer to persons the
Registrants believe may be able to assist the Issuer in the development of its
business, and in particular of its previously announced Internet activities. As
appropriate, the Registrants may seek to participate in discussions that may be
engaged in by the Issuer as a result of those introductions. In addition,
pursuant to discussions with management of the Issuer, Registrants may, from
time to time, on behalf of the Issuer, contact persons with whom Registrants
believe it may be beneficial for the Issuer to form a business relationship and
engage in discussions with such persons regarding the possibility of such
business relationships.
Item 5. Interest in Securities of the Issuer
(a) As of the close of business on June 30, 1999, Registrants may be
deemed to beneficially own, in the aggregate, 266,200 Shares, representing
approximately 21.87% of the Issuer's outstanding Shares (based upon the
1,217,000 Shares stated to be outstanding as of June 10, 1999 by the Issuer in
the Issuer's Form 10-Q filing, filed with the Securities and Exchange Commission
on June 14, 1999).
(b) Mr. Laikin has sole voting power and sole dispositive power with
regard to 142,700 Shares. Mr. Skjodt has sole voting power and sole dispositive
power with regard to 123,500 Shares.
(c) The following table sets forth all transactions with respect to
Shares effected since the most recent filing on Schedule
<PAGE>
13D by either of the Registrants. All such transactions were effected in the
open market, the table excludes commissions paid.
No. of Shares Price
Name Date Purchased Per Share
Paul Skjodt 6/22/99 500 $6.312
Paul Skjodt 6/24/99 8,000 $6.023
Paul Skjodt 6/28/99 3,000 $5.75
<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.
Dated: July 1, 1999
/s/ Daniel S. Laikin
- --------------------
Daniel S. Laikin
/s/ Paul Skjodt
- --------------------
Paul Skjodt
