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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
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Dreams, Inc.
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(Name of Issuer)
Common Stock, No par value
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(Title of Class of Securities)
261983100
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(CUSIP Number)
October 12, 2000
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
/ / Rule 13d-1(b)
/X/ Rule 13d-1(c)
/ / Rule 13d-1(d)
*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 the disclosures provided in a prior cover page.
The information required in 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).
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ITEM 1.
(a) Name of Issuer
Dreams, Inc.
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(b) Address of Issuer's Principal Executive Offices
5009 Hiatus Road, Sunrise, Fla. 33351
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ITEM 2.
(a) Name of Person Filing
DI Partnership; Owen Randall Rissman, Roger Shiffman; January
Associates; and Rissman Family 1997 Trust
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(b) Address of Principal Business Office or, if none, Residence
All filers c/o Robert Dunn Glick, 180 N. La Salle St., Suite 2700,
Chicago, Illinois 60601
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(c) Citizenship
USA for All filers and (DI Partnership organized in Illinois) (January
Associates organized in Illinois) (Rissman Family 1997 Trust has its
situs in Illinois).
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(d) Title of Class of Securities
Common Stock, no par value
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(e) CUSIP Number
261983100
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ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SECTIONS 240.13d-1(b) OR
240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:
(a) / / Broker or dealer registered under section 15 of the Act
(15 U.S.C. 78o).
(b) / / Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c) / / Insurance company as defined in section 3(a)(19) of the Act
(15 U.S.C. 78c).
(d) / / Investment company registered under section 8 of the Investment
Company Act of 1940 (15 U.S.C. 80a-8).
(e) / / An investment adviser in accordance with section
240.13d-1(b)(1)(ii)(E).
(f) / / An employee benefit plan or endowment fund in accordance with
section 240.13d-1(b)(1)(ii)(F).
(g) / / A parent holding company or control person in accordance with
section 240.13d-1(b)(1)(ii)(G).
(h) / / A savings association as defined in section 3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813).
(i) / / A church plan that is excluded from the definition of an investment
company under section 3(c)(14) of the Investment Company Act of 1940
(15 U.S.C. 80a-3).
(j) / / Group, in accordance with section 240.13d-1(b)(1)(ii)(J).
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CUSIP No. 261983100
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(1) Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
DI Partnership; Owen Randall Rissman; Roger Shiffman; Rissman Family 1997
Trust; and January Associates
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(2) Check the Appropriate Box if a Member (a) / / See Note to
of a Group (See Instructions) (b) / / Item 8
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(3) SEC Use Only
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(4) Citizenship or Place of Organization
USA for All filers (DI Partnership organized in Illinois) (January
Associates organized in Illinois) (Rissman Family 1997 Trust has its situs
in Illinois).
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Number of Shares (5) Sole Voting Power
Beneficially
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting Power
Person With: 6,100,000
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(7) Sole Dispositive Power
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(8) Shared Dispositive Power
6,100,000
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(9) Aggregate Amount Beneficially Owned by Each Reporting Person
6,100,000
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(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) / /
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(11) Percent of Class Represented by Amount in Row (9)
15.19%
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(12) Type of Reporting Person (See Instructions)
DI Partnership (PN);
Owen Randall Rissman (IN);
Roger Shiffman (IN);
Rissman Family 1997 Trust (OO);
January Associates (PN)
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ITEM 4. OWNERSHIP
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned:
6,100,000 shares of Common Stock, no par value
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(b) Percent of class:
15.19%
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(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote
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(ii) Shared power to vote or to direct the vote
6,100,000
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(iii) Sole power to dispose or to direct the disposition of
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(iv) Shared power to dispose or to direct the disposition of
6,100,000
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Note: Although DI Partnership, an Illinois general partnership
technically has sole power to vote the shares & dispose of the shares, the
several partners of DI Partnership, who are January Associates, Risswan
Family 1997 Trust, Owen Randall Risswan & Roger Shiffman, share the power to
vote the shares & dispose of the shares under the Partnership Agreement of DI
Partnership.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following. / /
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
NOTE: This document is filed jointly by DI Partnership, an Illinois
general partnership, & the several partners of DI Partnership, who are
January Associates, Risswan Family 1997 Partnership, Owen Randall Risswan &
Roger Shiffman. Although joint filed because they share the beneficial
interest in the same shares, DI Partnership & its general partners do not
operate a group for purposes of filing this document.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
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ITEM 10. CERTIFICATION
(b) The following certification shall be included if the statement is filed
pursuant to section 240.13d-1(c):
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and
are not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were
not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
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.
October 23, 2000
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Date
DI Partnership
/s/ Owen Randall Rissman By: /s/ Robert Dunn Glick
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Owen Randall Rissman
/s/ Roger Shiffman
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Roger Shiffman Robert Dunn Glick, as
General Partner of January Associates,
a General Partner of DI Partnership
January Associates
By: /s/ Robert Dunn Glick
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Robert Dunn Glick,
General Partner
Rissman Family 1997 Trust
By: /s/ Robert Dunn Glick
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Robert Dunn Glick,
Trustee
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EXHIBIT INDEX
Exhibit
No. Description
1 Joint Filing Agreement
2 Powers of Attorney