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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )
COMPUTER MARKETPLACE(R), INC.
---------------------------
(Name of Issuer)
COMMON STOCK
------------
(Title of Class of Securities)
205216
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(CUSIP Number)
Check the following box if a fee is being paid with the statement [ ]. (A fee is
not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
*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
disclosure 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).
Page 1 of 4 Pages
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CUSIP NO. 205216 13G Page 2 of 4 Pages
- --------------------------------------------------------------------------------
(1) NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
MIDAS INVESTMENT GROUP, INC. d/b/a BILTMORE SECURITIES, INC.
f/k/a BILTMORE SECURITIES, INC., F.E.I. No. 65-0130735
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(A) [ ]
(B) [X]
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(3) SEC USE ONLY
- --------------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
STATE OF FLORIDA
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: (5) SOLE VOTING POWER
: 184,615
:-----------------------------------------------
: (6) SHARED VOTING POWER
:
NUMBER OF SHARES :-----------------------------------------------
BENEFICIALLY : (7) SOLE DISPOSITIVE POWER
OWNED BY EACH REPORTING : 184,615
PERSON WITH :
:-----------------------------------
: (8) SHARED DISPOSITIVE POWER
:
- --------------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
184,615
- --------------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES*
-----------
- --------------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
13.7%
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(12) TYPE OF REPORTING PERSON
BD
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Page 2 of 4 Pages
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SCHEDULE 13G
ITEM 1:
(a) NAME OF ISSUER: Computer Marketplace, Inc.
(b) ADDRESS: 1490 Railroad Street
Corona, California 91720
ITEM 2:
(a) NAME OF PERSON FILING: Midas Investment Group, Inc. d/b/a
Biltmore Securities, Inc. f/k/a
Biltmore Securities, Inc.
(b) ADDRESS (BUSINESS): 6700 North Andrews Avenue
Suite 500
Ft. Lauderdale, FL 33309
(c) CITIZENSHIP: State of Florida corporation
(d) TITLE OF CLASS OF SECURITIES: Common Stock, $.0001 par value
(e) CUSIP NUMBER: 205216
ITEM 3: IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b),
OR 13d-2(b), CHECK WHETHER THE PERSON FILING IS A:. . .
[ XX] Broker or Dealer registered under Section 15 of the
Act.
ITEM 4: OWNERSHIP:
(a) AMOUNT BENEFICIALLY OWNED: 184,615
(b) PERCENT OF CLASS: 13.7%
(c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(i) sole power to vote or to direct the vote: 184,615
(ii) shared power to vote or to direct the vote: N/A
(iii) sole power to dispose or to direct the disposition of: 184,615
(iv) shared power to dispose or to direct the disposition of: N/A
ITEM 5: OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS: N/A
ITEM 6: OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON: N/A
ITEM 7: IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY: N/A
ITEM 8: IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP: N/A
Page 3 of 4 Pages
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ITEM 9: NOTICE OF DISSOLUTION OF GROUP: N/A
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the ordinary course
of business and were not acquired for the purpose of and do not have the effect
of changing or influencing the control of the issuer of such securities and
were not acquired in connection with or as a participant in any transaction
having such purposes 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 on Schedule 13G is
true, complete and correct as of the date hereof.
Dated: February 17, 1998
MIDAS INVESTMENT GROUP, INC., a
Florida corporation d/b/a/ BILTMORE
SECURITIES, INC. f/k/a BILTMORE
SECURITIES, INC., a Florida corporation
By: /s/ Elliot Loewenstern
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ELLIOT LOEWENSTERN
Chief Executive Officer
Page 4 of 4 Pages
