UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. [ ])*
POINTE COMMUNICATIONS CORPORATION
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
Common Stock - 730749108
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(CUSIP Number)
Stephen E. Raville
Charter Communications International, Inc.
2839 Paces Ferry Road, Suite 500
Atlanta, Georgia 30339 (770) 432-6800
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(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
May 12, 1998
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(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 which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box. [ ]
Note: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) 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).
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SCHEDULE 13D
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COMMON STOCK CUSIP No. 33-25129-LA
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1 NAME OF REPORTING PERSON
STEPHEN E. RAVILLE
IRS Identification No. ###-##-####
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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*
PF
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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
Florida
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7 SOLE VOTING POWER
6,489,798 shares
NUMBER OF -------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY
EACH -------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON WITH
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10 SHARED DISPOSITIVE POWER
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Reporting Person beneficially owns 6,937,508 shares of Common Stock
(See Item 5)
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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)
13.3%
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14 TYPE OF REPORTING PERSON*
IN
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1. Security and Issuer.
This Statement relates to the common stock, $.00001 par value ("Common
Stock") of Pointe Communications Corporation, a Nevada corporation ("Issuer"
or "Charter"). The Common Stock is registered pursuant to Section 12(g) of
the Securities Exchange Act of 1934, as amended. The address of the Issuer's
principal executive offices is 2839 Paces Ferry Road, Suite 500, Atlanta,
Georgia 30339.
2. Identity and Background.
(a) Name: This Statement is being filed by Stephen E. Raville
(hereinafter referred to as "Reporting Person"). The filing of this Statement
shall not be construed as an admission that Reporting Person is, for the
purposes of Section 13(d) or 13(g) of the Securities Exchange Act of 1934, as
amended (the "Exchange Act"), the beneficial owner of any securities covered by
this Statement or that this schedule is required to be filed by such persons.
(b) Business Address: The business address of Mr. Raville is 2839
Paces Ferry Road, Atlanta, Georgia 30339.
(c) Present Principal Occupation or Employment: Mr. Raville presently
is a director of Issuer and the Chairman of the Board and Chief Executive
Officer.
(d) Criminal Convictions: During the last five years, Reporting Person
has not been convicted in a criminal proceeding, excluding traffic violations
and similar misdemeanors.
(e) Court or Administrative Proceedings: During the last five years,
Reporting Person has not been a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction as a result of which any of them
were or are 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 finding any violation with respect to such laws.
(f) Citizenship: Mr.Raville is a resident of Florida, U.S.A.
3. Source and Amount of Funds and Other Consideration:
Reporting Person funded the Raville 1994 Family Limited Partnership, Ltd.
on December 31, 1994 ("FLP"). Reporting Person owns a five percent general
partner interest in the FLP and 93% limited partner interest in the FLP. The
remaining two percent is owned by the former wife of Reporting Person as
Custodian for their two children. Reporting Person holds sole authority to
transact business for the FLP. The FLP purchased the following shares of
Charter Common Stock on the following dates: April 11, 1997 (24,795 shares),
July 31, 1997 (336,513 shares), August 12, 1997 (2,509,987 shares), and October
8, 1997 (218,503 shares). Each purchase was for cash from funds held by the
FLP.
Reporting Person purchased an international life insurance contract on the
life of Reporting Person by conditionally funding an international life
insurance contract with cash. Reporting Person then purchased 3,400,000 shares
of Common Stock, which were then assigned, along with the 3,089,798 shares held
by the FLP, to a custodian for the life insurance contract in exchange for the
conditional cash premium. Reporting Person received a proxy to vote the shares
of Common Stock held by the custodian for the insurance contract. Reporting
Person does not retain the right to direct the disposition of the Common Stock
held by the custodian of the insurance contract.
4. Purpose of Transaction.
The purpose of the transaction for which this Statement is being prepared
was for investment purposes only and not with a view to control the Issuer.
Reporting Person does not presently intend to acquire control of the Issuer.
Except as described below, Reporting Person has no present plans or
intentions to effect any of the following:
(a) the acquisition by any person of additional securities of the
Issuer, or the disposition of securities of the Issuer;
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Pursuant to options and warrants received, Reporting Person currently has the
right to exercise a warrant to purchase 103,543 shares of Common Stock at $.70
per share, an option to purchase 50,000 shares of Common Stock at $.70 per
share, a warrant to purchase 30,000 shares of Common Stock at $1.00 per share, a
conversion of a debenture into 166,667 shares of Common Stock at $1.20 per
share, and a warrant to purchase 97,500 shares of Common Stock at $3.00 per
share.
(b) an extraordinary corporate transaction such as a merger,
reorganization or liquidation, involving the Issuer or any of its subsidiaries;
(c) a sale or transfer of a material amount of assets of the Issuer or
any of its subsidiaries;
(d) any change in the present board of directors or management of the
Issuer, including any plans or proposals to change the number or term of the
directors or to fill any existing vacancies of the board:
(e) any material change in the present capitalization or dividend
policy of the Issuer;
(f) any other material change in the Issuer's business or corporate
structure;
(g) changes in the Issuer's charter, by-laws or instruments
corresponding thereto or other actions which may impede the acquisition of
control of the Issuer by any person:
(h) causing a class of securities of the Issuer to be delisted from a
national securities exchange or to cease to be authorized to be quoted in an
inter-dealer quotation system of a registered national securities association;
(i) a class of eligible equity securities of the issuer becoming
eligible for termination of registration pursuant to Section 12(g)(4) of the
Act; or
(j) any action similar to those enumerated above.
5. Interest in Securities of the Issuer.
(a) Reporting Person beneficially owns 6,937,508 shares of Issuer which
represents 13.3% of Issuer's Common Stock. Reporting Person indirectly owns
6,489,798 shares of Common Stock as beneficiary to that certain insurance
contract and holds options to purchase an additional 447,710 shares of Common
Stock. Currently, Reporting Person holds a proxy to vote the 6,489,798 shares
held in the insurance contract.
(b) Reporting Person has full power to vote 6,489,798 votes of Common
Stock. Reporting Person does not have power to dispose of the shares held by
the insurance contract or the unexercised options, warrants, and convertible
debenture.
(c) Except as described above, Reporting Person has not effected any
transaction in shares of Common Stock of Issuer during the sixty (60) days
preceding the date of this Statement.
(d) No person other than Reporting Person is known to Reporting Person
to have the right to receive or the power to direct the receipt of dividends
from, or the proceeds from the sale of, the shares of Common Stock beneficially
owned by Reporting Person.
(e) Not applicable.
6. Contracts, Arrangements, Understandings or Relationships with Respect to
Securities of the Issuer.
Other than as indicated elsewhere in this Statement, to the best knowledge
of Reporting Person, Reporting Person is not a party to any contract,
arrangement, understanding, or relationship (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 Issuer's securities, finder's fees, joint
ventures, loan or option arrangements, puts or calls, guarantees of profits,
division of profits or loss, or the giving or withholding of proxies, except as
follows:
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7. Material to be Filed as Exhibits.
None.
SIGNATURES
After reasonable inquiry and to the best of the undersigned's knowledge and
belief, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Date: October 6, 1998
/s/ Stephen E. Raville
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Stephen E. Raville
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