SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 7)
Boundless Corporation (1)
(Name of Issuer)
Common Stock, Par Value, $0.01 Per Share
(Title of Class of Securities)
101706208
(CUSIP Number)
J. Gerald Combs
Morgan Kent Group, Inc.
711 Fifth Avenue, 5th Floor
New York, New York 10022
(212) 265-1700
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
November 16, 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 [ ].
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purposes 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.
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(1) Boundless Corporation, formerly known as SunRiver Corporation, was formerly
known as All-Quotes, Inc. at the time of the filing of the original Schedule
13D.
Page 1 of 7 Pages
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SCHEDULE 13D
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CUSIP No. 101706208 Page 2 of 7 Pages
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1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Morgan Kent Group, Inc.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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7 SOLE VOTING POWER
2,150,720 (Includes 457,502 shares underlying options and warrants)
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8 SHARED VOTING POWER
0
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9 SOLE DISPOSITIVE POWER
2,150,720 (Includes 457,502 shares underlying options and warrants)
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10 SHARED DISPOSITIVE POWERS
0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,150,720 (Includes 457,502 shares underlying options and warrants)
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*[]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
43.9%
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14 TYPE OF REPORTING PERSON*
CO
<PAGE>
SCHEDULE 13D
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CUSIP No. 101706208 Page 3 of 7 Pages
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1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
J. Gerald Combs
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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7 SOLE VOTING POWER
356,100 (Includes 355,000 shares underlying options subject to vesting)
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8 SHARED VOTING POWER
0
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9 SOLE DISPOSITIVE POWER
356,100 (Includes 355,000 shares underlying options subject to vesting)
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10 SHARED DISPOSITIVE POWER
0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
356,100 (Includes 355,000 shares underlying options subject to vesting)
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*[]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.4%
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14 TYPE OF REPORTING PERSON*
IN
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Page 4 of 7 Pages
Item 1. Security and Issuer
This statement constitutes Amendment No. 7 to the Schedule 13D
which is filed jointly by Morgan Kent Group, Inc., formerly known as SunRiver
Group, Inc. ("Morgan Kent") and J. Gerald Combs ("Mr. Combs"), (collectively,
the "Reporting Persons") relating to their beneficial ownership of the common
stock, $.01 par value ("Common Stock"), of Boundless Corporation, formerly known
as SunRiver Corporation and, prior to that, formerly known as All-Quotes, Inc.
(the "Issuer"). The Issuer is located at 100 Marcus Blvd., Hauppauge, New
York 11788.
Item 5. Interest in Securities of the Issuer
(a) and (b) As of the close of business on December 22, 1999,
Morgan Kent is the beneficial owner of 2,150,720 shares of the Issuers' Common
Stock, which is approximately 43.9% of the Common Stock outstanding inclusive of
the shares underlying Morgan Kent's options and warrants to purchase 457,502
shares of the Issuer's Common Stock. Mr. Combs is the beneficial owner of
356,100 shares of the Issuers' Common Stock, which is approximately 7.4% of the
Common Stock outstanding inclusive of the shares underlying Mr. Combs' options
to purchase 355,000 shares of Common Stock (which options are subject to vesting
schedules). Morgan Kent disclaims beneficial ownership of the shares of Common
Stock reported herein to be owned by Mr. Combs; and Mr. Combs disclaims
beneficial ownership of the shares of Common Stock reported herein to be owned
by Morgan Kent.
(c) 40,000 shares of the Issuer's Common Stock, beneficially
owned by Morgan Kent, were received by Cook Capital Corporation in a foreclosure
on an existing secured promissory note . In addition, 63,150 shares of the
Issuer's Common Stock, beneficially owned by Morgan Kent, were involuntarily
transferred to creditors of Morgan Kent in connection with a judgement execution
against Morgan Kent.
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Page 5 of 7 Pages
Item 7. Material to be Filed as Exhibits
Exhibit Description
A Joint Filing Agreement, dated December 22, 1999, among the Reporting Persons.
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Page 6 of 7 Pages
After reasonable inquiry and to the best of our knowledge and
belief, we certify that the information set forth in this statement is true,
complete and correct.
Dated: December 22, 1999
MORGAN KENT GROUP, INC.
By: /s/ J. Gerald Combs
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J. Gerald Combs, Chairman
By: /s/ J. Gerald Combs
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J. Gerald Combs
<PAGE>
Page 7 of 7 Pages
Exhibit A
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(f) under the Securities Exchange
Act of 1934, as amended, 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, par value $0.01 per share, of
Boundless Corporation and further agree that this Joint Filing Agreement be
included as an Exhibit to such joint filing. In evidence thereof, the
undersigned hereby execute this Agreement this 22nd day of December 1999.
MORGAN KENT GROUP, INC.
By: /s/ J. Gerald Combs
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J. Gerald Combs, Chairman
/s/ J. Gerald Combs
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J. Gerald Combs
137334
