UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No.__)*
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)
June 8, 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
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
89,700
8 SHARED VOTING POWER
0
9 SOLE DISPOSITIVE POWER
89,700
10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
89,700
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
//
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.37%
14 TYPE OF REPORTING PERSON*
IN
<PAGE>
SCHEDULE 13D
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
18,100
8 SHARED VOTING POWER
0
9 SOLE DISPOSITIVE POWER
18,100
10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
18,100
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
//
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.49%
14 TYPE OF REPORTING PERSON*
IN
<PAGE>
SCHEDULE 13D
Item 1. Security and Issuer
This Schedule 13D relates to the common shares, no par value (the
"Shares"), of J2 Communications, Inc., a California corporation (the "Issuer").
The address of the principal executive offices of the Issuer is 10850 Wilshire
Blvd., Ste. 1000, Los Angeles, CA 90024.
Item 2. Identity and Background
The persons filing this statement are Daniel S. Laikin, a citizen of
the United States of America, and Paul Skjodt, a citizen of Canada
(collectively, the "Registrants"). The principal business address and the
address of the principal office of the Registrants is 25 West 9th Street,
Indianapolis, Indiana 46204.
Neither of the Registrants, has, during the past five years, (a) been
convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors), or (b) been a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction and as a result of such proceeding
was or is subject to a judgment, decree or final order enjoining future
violations of, or prohibiting, or mandating activities subject to, Federal or
State securities laws or a finding of any violation with respect to such laws.
Item 3. Source and Amount of Funds or Other Consideration
The aggregate purchase price of the 107,800 Shares purchased by the
Registrants was $319,644.39 (excluding commissions). The source of funding for
the purchase of these Shares was the personal funds of the Registrants.
Item 4. Purpose of Transaction
Registrants have acquired Shares because they believe that the Shares
represent an attractive investment. In that connection, Registrants made a
proposal to Issuer regarding entering into a transaction pursuant to which
Registrants would purchase an interest in the Issuer directly from the Issuer
but such proposal was not accepted by the Issuer. Also, Registrants have met
with or spoken to and would hope to continue to meet with and speak with
management of the Issuer, from time to time, to suggest possible actions to
improve the business of the Issuer. No agreements, arrangements or
understandings have been reached as a result of any of such conversations.
Depending on the market price of Shares and upon other conditions,
Registrants may acquire additional Shares from time to
<PAGE>
time in the open market or otherwise or may seek to acquire Shares from the
Issuer, at prices which Registrants may determine to be appropriate. In
addition, depending upon market prices and other conditions, Registrants may
dispose of Shares at any time and from time to time in the open market or
otherwise at prices which Registrant may determine to be appropriate.
Item 5. Interest in Securities of the Issuer
(a) As of the close of business on June 16, 1999, Registrants may be
deemed to beneficially own, in the aggregate, 107,800 Shares, representing
approximately 8.86% 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 89,700 Shares. Mr. Skjodt has sole voting power and sole dispositive
power with regard to 18,100 Shares.
(c) The following table sets forth all transactions with respect to
Shares effected during the past sixty (60) days by any 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
Daniel Laikin 5/06/99 1,300 $2.0625
Daniel Laikin 5/07/99 300 $2.0625
Daniel Laikin 5/10/99 5,000 $2.125
Daniel Laikin 5/11/99 3,300 $2.0625
Daniel Laikin 5/17/99 3,500 $2.25
Daniel Laikin 5/18/99 1,400 $2.25
Daniel Laikin 5/20/99 3,000 $2.50
Daniel Laikin 5/21/99 1,000 $2.4375
Daniel Laikin 5/24/99 5,300 $2.50
Daniel Laikin 5/26/99 10,000 $2.837
Daniel Laikin 5/27/99 2,500 $2.775
Daniel Laikin 5/28/99 8,700 $2.993
Daniel Laikin 6/01/99 8,900 $3.1461
Daniel Laikin 6/01/99 2,000 $3.1875
Daniel Laikin 6/08/99 16,000 $3.328
Daniel Laikin 6/11/99 10,000 $3.656
Daniel Laikin 6/14/99 6,000 $3.5625
Paul Skjodt 5/17/99 1,000 $2.497
Paul Skjodt 5/25/99 1,000 $2.604
Paul Skjodt 6/01/99 1,000 $3.303
Paul Skjodt 6/08/99 4,000 $3.370
Paul Skjodt 6/11/99 2,000 $3.760
Paul Skjodt 6/16/99 9,100 $3.625
<PAGE>
No. of Shares Price
Name Date Sold Per Share
---- --- ---- ---------
Daniel Laikin 5/25/99 200 $2.75
Daniel Laikin 6/01/99 1,500 $3.50
Item 6. Contracts, Arrangements, Understandings or Relationship
with Respect to Securities of the Issuer
Except as described herein, neither of the Registrants has any
contracts, arrangements, understandings or relationships (legal or otherwise)
with any person with respect to any securities of the Issuer, including but not
limited to the transfer or voting of any of the securities, finder's fees, joint
ventures, loan or option arrangements, puts or calls, guarantees of profits,
division of profits or losses, or the giving or withholding of proxies.
Item 7. Material to be Filed as Exhibits
1. Joint Filing Agreement of Registrants
<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: June 17, 1999
/s/ Daniel S. Laikin
- --------------------
Daniel S. Laikin
/s/ Paul Skjodt
- --------------------
Paul Skjodt
<PAGE>
EXHIBIT INDEX
EXHIBIT 1 Joint Filing Agreement of Registrants
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k) under the Securities Exchange
Act of 1934, as amended, each of the persons named below agree to the joint
filing of a statement on Schedule 13D, including amendments thereto, with
respect to the common stock, no par value, of J2 Communications, Inc., and
further agree that this Joint Filing Agreement be included as an exhibit to such
filings, provided that, as contemplated by Section 13d- 1(k)(1)(ii), no person
shall be responsible for the completeness or accuracy of the information
concerning the other persons making the filing, unless such person knows or has
reason to believe that such information is inaccurate.
This Joint Filing Agreement may be executed in any number of
counterparts, all of which collectively shall constitute one and the same
instrument.
Dated: June 16, 1999
/s/ Daniel S. Laikin
- --------------------
Daniel S. Laikin
/s/ Paul Skjodt
- --------------------
Paul Skjodt
