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)
Timothy S. Durham
111 Monument Circle, Suite 3680
Indianapolis, Indiana 46204
(317) 237-4122
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
December 28, 2000
(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).
SCHEDULE 13D
CUSIP No. 46625420
1 NAME OF REPORTING PERSON
Timothy S. Durham
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
58,500
8 SHARED VOTING POWER
0
9 SOLE DISPOSITIVE POWER
58,500
10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
58,500
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
//
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.32%
14 TYPE OF REPORTING PERSON*
IN
SCHEDULE 13D
CUSIP No. 46625420
1 NAME OF REPORTING PERSON
Diamond Investments, Inc.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
35-2088657
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) /X/
(b) / /
3 SEC USE ONLY
4 SOURCE OF FUNDS*
WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) / /
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Indiana
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
7 SOLE VOTING POWER
13,600
8 SHARED VOTING POWER
0
9 SOLE DISPOSITIVE POWER
13,600
10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
13,600
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
//
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.01%
14 TYPE OF REPORTING PERSON*
CO
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 Timothy S. Durham ("Durham"), a
citizen of the United States of America, and Diamond Investments, LLC, an
Indiana limited liability company ("Diamond")(collectively, the
"Registrants"). The principal business address and the address of the principal
office of the Registrants is 111 Monument Circle, Suite 3680, Indianapolis,
Indiana 46204. Diamond is the personally owned and controlled investment
vehicle of Durham.
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 72,100 Shares purchased by the
Registrants was $853,155.26. The source of funding for the purchase of these
Shares was the personal funds of Durham and working capital of Diamond.
Item 4. Purpose of Transaction
Registrants have acquired Shares because they believe that the Shares
represent an attractive investment.
Depending on the market price of Shares and upon other conditions,
Registrants may acquire additional Shares from time to 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 January 3, 2001, Registrants may be
deemed to beneficially own, in the aggregate, 72,100 Shares, representing
approximately 5.33% of the Issuer's outstanding Shares (based upon the 1,353,015
Shares stated to be outstanding as of October 31, 2000 by the Issuer in the
Issuer's Form 10-Q filing, filed with the Securities and Exchange Commission on
December 14, 2000).
(b) Durham has sole voting power and sole dispositive power with regard
to 72,100 Shares.
(c) Exhibit 1 lists a table that 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, and
include commissions paid.
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. Table of Share Transactions by Registrants during past sixty (60) days.
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: January 4, 2001
/s/ Timothy S. Durham
- --------------------
TIMOTHY S. DURHAM
DIAMOND INVESTMENTS, LLC
By: /s/ Timothy S. Durham
- ------------------------
Name: Timothy S. Durham
--------------------------
Its: Managing Member
--------------------------
EXHIBIT INDEX
EXHIBIT 1 Table of Share Transactions by Registrants during past sixty
(60) days.
Share Transactions by Registrants during past sixty (60) days
No. of Shares Price
Name Date Purchased Per Share
Timothy Durham 11/29/00 200 $10.8750
Timothy Durham 11/29/00 300 $10.1250
Timothy Durham 11/29/00 500 $10.3750
Timothy Durham 12/14/00 100 $ 9.8125
Timothy Durham 12/20/00 100 $10.2500
Timothy Durham 12/20/00 100 $ 9.7500
Timothy Durham 12/22/00 100 $ 9.2500
Timothy Durham 12/26/00 100 $ 9.2500
Timothy Durham 12/26/00 1,000 $ 8.0000
Timothy Durham 12/26/00 1,000 $ 8.3750
Timothy Durham 12/26/00 1,000 $ 9.2500
Timothy Durham 12/26/00 1,000 $ 7.3375
Timothy Durham 12/28/00 1,000 $ 8.8750
Timothy Durham 12/28/00 500 $ 9.6250
Timothy Durham 12/29/00 1,500 $ 6.6250
Timothy Durham 12/29/00 500 $ 7.0000
Timothy Durham 12/29/00 1,000 $ 8.0000
Timothy Durham 01/02/01 1,000 $ 7.8125
Diamond Investments 11/13/00 100 $ 9.5000
Diamond Investments 11/13/00 100 $10.3750
Diamond Investments 11/14/00 100 $10.3750
Diamond Investments 11/14/00 100 $ 9.6250
Diamond Investments 11/14/00 300 $ 9.1875
Diamond Investments 11/15/00 100 $ 9.1875
Diamond Investments 11/16/00 100 $ 9.7500
Diamond Investments 11/20/00 200 $ 9.8750
Diamond Investments 11/21/00 100 $ 9.5000
Diamond Investments 11/21/00 100 $ 9.6250
Diamond Investments 11/22/00 800 $ 9.8750
Diamond Investments 11/22/00 600 $ 9.5000
Diamond Investments 11/22/00 300 $ 9.6250
Diamond Investments 11/22/00 600 $ 9.8750
Diamond Investments 11/27/00 500 $10.7500
Diamond Investments 11/27/00 100 $11.1250
Diamond Investments 11/28/00 300 $11.1250
Diamond Investments 11/28/00 400 $11.7500
Diamond Investments 11/28/00 400 $11.9375
Diamond Investments 11/28/00 400 $11.0000
Diamond Investments 11/28/00 100 $11.9375
Diamond Investments 11/29/00 100 $11.0000
Diamond Investments 11/29/00 100 $11.3750
Diamond Investments 11/30/00 100 $11.0000
Diamond Investments 12/01/00 100 $11.0000
Diamond Investments 12/06/00 100 $11.0000
Diamond Investments 12/06/00 800 $11.1250
Diamond Investments 12/06/00 400 $11.3750
Diamond Investments 12/06/00 100 $11.0000
Diamond Investments 12/07/00 400 $10.0000
Diamond Investments 12/11/00 100 $10.7500
Diamond Investments 12/21/00 300 $ 9.0312
Diamond Investments 12/21/00 600 $ 9.0000
Diamond Investments 12/21/00 100 $ 8.8750
Diamond Investments 12/21/00 200 $ 8.5000
Diamond Investments 12/21/00 1,000 $ 8.0000
Diamond Investments 12/22/00 1,000 $ 8.2500
Diamond Investments 12/26/00 1,000 $ 6.7500
Diamond Investments 12/27/00 100 $ 8.5000
Diamond Investments 12/27/00 500 $ 8.4375
Diamond Investments 12/28/00 100 $ 8.5000
