UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. __)*
Objective Communications, Inc.
(Name of Issuer)
Common Stock, $0.01 par value
(Title of Class of Securities)
674421201
(CUSIP Number)
June 15, 1999
(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 (the "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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<PAGE>
CUSIP No. 674421201 13G
________________________________________________________________________________
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Applewood Associates, L.P.
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
New York
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 195,000 shares 2.5%
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 0 shares 0%
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 195,000 shares 2.5%
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH 0 shares 0%
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
195,000 shares
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS)
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.5%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
________________________________________________________________________________
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<PAGE>
CUSIP No. 674421201 13G
________________________________________________________________________________
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Applewood Capital Corp.
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
New York
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 0 shares 0%
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 195,000 shares 2.5%
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0 shares 0%
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH 195,000 shares 2.5%
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
195,000 shares
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS)
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.5%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
________________________________________________________________________________
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<PAGE>
CUSIP No. 674421201 13G
________________________________________________________________________________
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Barry Rubenstein
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 162,000 shares 2.0%
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 606,000 shares 7.6%
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 162,000 shares 2.0%
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH 606,000 shares 7.6%
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
768,000 shares
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS)
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.7%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
________________________________________________________________________________
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<PAGE>
CUSIP No. 674421201 13G
________________________________________________________________________________
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Irwin Lieber
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 0 shares 0%
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 195,000 shares 2.5%
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0 shares 0%
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH 195,000 shares 2.5%
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
195,000 shares
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS)
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.5%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
________________________________________________________________________________
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<PAGE>
CUSIP No. 674421201 13G
________________________________________________________________________________
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Barry Fingerhut
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
New York
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 0 shares 0%
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 195,000 shares 2.5%
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0 shares 0%
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH 195,000 shares 2.5%
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
195,000 shares
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS)
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.5%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
________________________________________________________________________________
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<PAGE>
CUSIP No. 674421201 13G
________________________________________________________________________________
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Seth Lieber
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 0 shares 0%
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 195,000 shares 2.5%
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0 shares 0%
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH 195,000 shares 2.5%
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
195,000 shares
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS)
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.5%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
________________________________________________________________________________
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<PAGE>
CUSIP No. 674421201 13G
________________________________________________________________________________
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Jonathan Lieber
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 0 shares 0%
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 195,000 shares 2.5%
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0 shares 0%
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH 195,000 shares 2.5%
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
195,000 shares
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS)
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.5%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
________________________________________________________________________________
8 of 33
<PAGE>
CUSIP No. 674421201 13G
________________________________________________________________________________
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Seneca Ventures
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
New York
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 105,000 shares 1.3%
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 468,000 shares 5.9%
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 105,000 shares 1.3%
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH 468,000 shares 5.9%
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
573,000 shares
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS)
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.2%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
________________________________________________________________________________
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<PAGE>
CUSIP No. 674421201 13G
________________________________________________________________________________
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Woodland Venture Fund
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
New York
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 150,000 shares 1.9%
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 423,000 shares 5.3%
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 150,000 shares 1.9%
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH 423,000 shares 5.3%
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
573,000 shares
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS)
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.2%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
________________________________________________________________________________
10 of 33
<PAGE>
CUSIP No. 674421201 13G
________________________________________________________________________________
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Woodland Partners
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
New York
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 150,000 shares 1.9%
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 423,000 shares 5.3%
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 150,000 shares 1.9%
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH 423,000 shares 5.3%
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
573,000 shares
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS)
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.2%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
________________________________________________________________________________
11 of 33
<PAGE>
CUSIP No. 674421201 13G
________________________________________________________________________________
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
The Marilyn and Barry Rubenstein Family Foundation
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
New York
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 6,000 shares 0.1%
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 567,000 shares 7.2%
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 6,000 shares 0.1%
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH 567,000 shares 7.2%
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
573,000 shares
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS)
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.2%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO
________________________________________________________________________________
12 of 33
<PAGE>
CUSIP No. 674421201 13G
________________________________________________________________________________
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Marilyn Rubenstein
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 0 shares 0%
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 573,000 shares 7.2%
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0 shares 0%
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH 573,000 7.2%
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
573,000 shares
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS)
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.2%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
________________________________________________________________________________
13 of 33
<PAGE>
CUSIP No. 674421201 13G
________________________________________________________________________________
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Woodland Services Corp.
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
New York
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 0 shares 0%
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 573,000 shares 7.2%
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0 shares 0%
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH 573,000 7.2%
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
573,000 shares
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS)
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.2%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
________________________________________________________________________________
14 of 33
<PAGE>
CUSIP No. 674421201 13G
________________________________________________________________________________
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Brian Rubenstein
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 0 shares 0%
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 6,000 shares 0.1%
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0 shares 0%
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH 6,000 shares 0.1%
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,000 shares
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS)
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.1%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
________________________________________________________________________________
15 of 33
<PAGE>
CUSIP No. 674421201 13G
________________________________________________________________________________
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Rebecca Rubenstein
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 0 shares 0%
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 6,000 shares 0.1%
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0 shares 0%
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH 6,000 shares 0.1%
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,000 shares
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS)
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.1%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
________________________________________________________________________________
16 of 33
<PAGE>
Item 1.
(a) Objective Communications, Inc.
(b) Address of Issuer's Principal Executive Offices
50 International Drive
Portsmouth, New Hampshire 03801
Bridge Warrant ("Bridge Warrant"), expiring on November
22, 2001, entitling the holder thereof to purchase one
share of Common Stock at $23.10 per share.
Series A Warrant ("Series A Warrant"), expiring on
December 19, 2001, entitling the holder thereof to
purchase one share of Common Stock at $28.00 per share.
1999 Warrant ("1999 Warrant"), expiring on June 15, 2004,
entitling the holder thereof to purchase one share of
Common Stock at $4.00 per share, exercisable as of June
15, 2000.
Item 2.
1. (a) Name of Person Filing: Applewood Associates, L.P.
(b) Address of Principal Business Office, or, if none, Residence:
68 Wheatley Road
Brookville, New York 11545
(c) Citizenship: Not applicable.
(d) Title of Class of Securities:
Common Stock, $0.01 par value per share.
(e) CUSIP Number: 674421201
2. (a) Name of Person Filing: Applewood Capital Corp.
(b) Address of Principal Business Office, or, if none, Residence:
68 Wheatley Road
Brookville, New York 11545
(c) Citizenship: Not applicable.
(d) Title of Class of Securities:
Common Stock, $0.01 par value per share.
(e) CUSIP Number: 674421201
3. (a) Name of Person Filing: Barry Rubenstein
(b) Address of Principal Business Office, or, if none, Residence:
68 Wheatley Road
Brookville, New York 11545
(c) Citizenship: United States.
(d) Title of Class of Securities:
Common Stock, $0.01 par value per share.
(e) CUSIP Number: 674421201
4. (a) Name of Person Filing: Irwin Lieber
Page 17 of 33
<PAGE>
(b) Address of Principal Business Office, or, if none, Residence:
767 Fifth Avenue
New York, New York 10153
(c) Citizenship: United States.
(d) Title of Class of Securities:
Common Stock, $0.01 par value per share.
(e) CUSIP Number: 674421201
5. (a) Name of Person Filing: Barry Fingerhut
(b) Address of Principal Business Office, or, if none, Residence:
767 Fifth Avenue
New York, New York 10153
(c) Citizenship: United States.
(d) Title of Class of Securities:
Common Stock, $0.01 par value per share.
(e) CUSIP Number: 674421201.
6. (a) Name of Person Filing: Seth Lieber
(b) Address of Principal Business Office, or, if none, Residence:
767 Fifth Avenue
New York, New York 10153
(c) Citizenship: United States.
(d) Title of Class of Securities:
Common Stock, $0.01 par value per share.
(e) CUSIP Number: 674421201.
7. (a) Name of Person Filing: Jonathan Lieber
(b) Address of Principal Business Office, or, if none, Residence:
767 Fifth Avenue
New York, New York 10153
(c) Citizenship: United States.
(d) Title of Class of Securities:
Common Stock, $0.01 par value per share.
(e) CUSIP Number: 674421201
8. (a) Name of Person Filing: Seneca Ventures
(b) Address of Principal Business Office, or, if none, Residence:
68 Wheatley Road
Brookville, New York 11545
(c) Citizenship: Not applicable.
(d) Title of Class of Securities:
Common Stock, $0.01 par value per share
(e) CUSIP Number: 674421201
9. (a) Name of Person Filing: Woodland Venture Fund
(b) Address of Principal Business Office, or, if none, Residence:
68 Wheatley Road
Brookville, New York 11545
Page 18 of 33
<PAGE>
(c) Citizenship: Not applicable.
(d) Title of Class of Securities:
Common Stock, $0.01 par value per share
(e) CUSIP Number: 674421201
10. (a) Name of Person Filing: Woodland Partners
(b) Address of Principal Business Office, or, if none, Residence:
68 Wheatley Road
Brookville, New York 11545
(c) Citizenship: Not applicable.
(d) Title of Class of Securities:
Common Stock, $0.01 par value per share
(e) CUSIP Number: 674421201
11. (a) Name of Person Filing: The Marilyn and Barry Rubenstein
Family Foundation
(b) Address of Principal Business Office, or, if none, Residence:
68 Wheatley Road
Brookville, New York 11545
(c) Citizenship: Not applicable.
(d) Title of Class of Securities:
Common Stock, $0.01 par value per share
(e) CUSIP Number: 674421201
12. (a) Name of Person Filing: Marilyn Rubenstein
(b) Address of Principal Business Office, or, if none, Residence:
68 Wheatley Road
Brookville, New York 11545
(c) Citizenship: Not applicable.
(d) Title of Class of Securities:
Common Stock, $0.01 par value per share
(e) CUSIP Number: 674421201
13. (a) Name of Person Filing: Woodland Services Corp.
(b) Address of Principal Business Office, or, if none, Residence:
68 Wheatley Road
Brookville, New York 11545
(c) Citizenship: Not applicable.
(d) Title of Class of Securities:
Common Stock, $0.01 par value per share
(e) CUSIP Number: 674421201
Page 19 of 33
<PAGE>
14. (a) Name of Person Filing: Brian Rubenstein
(b) Address of Principal Business Office, or, if none, Residence:
36 Barstow Road
Great Neck, New York 11021
(c) Citizenship: Not applicable.
(d) Title of Class of Securities:
Common Stock, $0.01 par value per share
(e) CUSIP Number: 674421201
15. (a) Name of Person Filing: Rebecca Rubenstein
(b) Address of Principal Business Office, or, if none, Residence:
300 East 75th Street
New York, New York 10021
(c) Citizenship: Not applicable.
(d) Title of Class of Securities:
Common Stock, $0.01 par value per share
(e) CUSIP Number: 674421201
Item 3. If this statement is filed pursuant to ss.240.13d-1(b) or
240.13d-2(b) or (c), check whether the person 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 as defined in section 3(a)(19)
of the Act (15 U.S.C. 78c).
(e) |_| An investment adviser in accordance with
ss.240.13d-1(b)(1)(ii)(E);
(f) |_| An employee benefit plan or endowment fund in
accordance with ss.240.13d-1(b)(1)(ii)(F);
(g) |_| A parent holding company or control person in
accordance with ss.240.13d-1(b)(1)(ii)(G);
(h) |_| A savings associations 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 ss.240.13d-1(b)(1)(ii)
(J).
Item 4. Ownership.
1. Applewood Associates, L.P. ("Applewood Associates"):
Page 20 of 33
<PAGE>
(a) Amount Beneficially Owned: 195,000(1,2,3) shares.
(b) Percent of Class: 2.5%
(c) Number of shares as to which such person has:
(i) sole power to vote or direct the vote: 195,000(1,2,
3) shares.
(ii) shared power to vote or direct the vote: 0 shares.
(iii) sole power to dispose or direct the disposition of:
195,000(1,2,3) shares.
(iv) shared power to dispose or direct the disposition
of: 0 shares.
2. Applewood Capital Corp.:
(a) Amount Beneficially Owned: 195,000(1,2,3,4) shares.
Reporting person is a general
partner of Applewood Associates.
(b) Percent of Class: 2.5%
(c) Number of shares as to which such person has:
(i) sole power to vote or direct the vote: 0 shares.
(ii) shared power to vote or direct the vote: 195,000
(1,2,3,4) shares.
(iii) sole power to dispose or direct the disposition of:
0 shares.
(iv) shared power to dispose or direct the disposition
of: 195,000(1,2,3,4) shares.
3. Barry Rubenstein:
(a) Amount Beneficially Owned: 768,000(1,2,3,4,5,6,7,8,9)
shares. Reporting person is a general partner of Applewood
Associates, an officer and a director of Applewood Capital
Corp., a general partner of Seneca Ventures, Woodland
Venture Fund, and Woodland Partners, an officer and
director of Woodland Services Corp. and a Trustee of The
Marilyn and Barry Rubenstein Family Foundation. Mr.
Rubenstein is the husband of Marilyn Rubenstein and the
father of Brian Rubenstein and Rebecca Rubenstein.
(b) Percent of Class: 9.7%
(c) Number of shares as to which such person has:
(i) sole power to vote or direct the vote: 162,000 3.5
shares.
- --------
(1) Includes 170,000 shares of Common Stock owned by Applewood Associates, L.P.
(2) Includes (i) 17,857 shares of Common Stock issuable upon the exercise of
Bridge Warrants held by Applewood Associates, L.P., which Bridge Warrants
are exercisable within sixty days of the date hereof and (ii) 7,143 shares
of Common Stock issuable upon the exercise of Series A Warrants held by
Applewood Associates, L.P., which Series A Warrants are exercisable within
sixty days of the date hereof.
(3) Does not include shares of Common Stock issuable upon the exercise of the
1999 Warrants.
(4) The reporting person disclaims beneficial ownership of these securities
except to the extent of his/her/its equity interest therein.
(5) Includes 162,000 shares of Common Stock held by the Barry Rubenstein
Rollover IRA.
(6) Includes 105,000 shares of Common Stock owned by Seneca Ventures.
(7) Includes 150,000 shares of Common Stock owned by Woodland Venture Fund.
(8) Includes 150,000 shares of Common Stock owned by Woodland Partners.
(9) Includes 6,000 shares of Common Stock owned by The Marilyn and Barry
Rubenstein Family Foundation.
Page 21 of 33
<PAGE>
(ii) shared power to vote or direct the vote:
606,000(1,2,3,4,6,7,8,9) shares.
(iii) sole power to dispose or direct the disposition
of: 162,000 (3,5) shares.
(iv) shared power to dispose or direct the
disposition of: 606,000 (1,2,3,4,6,7,8,9) shares.
4. Irwin Lieber:
(a) Amount Beneficially Owned: 195,000(1,2,3,4) shares.
Reporting person is a general partner of Applewood
Associates, and an officer and a director of Applewood
Capital Corp.
(b) Percent of Class: 2.5%
(c) Number of shares as to which such person has:
(i) sole power to vote or direct the vote: 0 shares.
(ii) shared power to vote or direct the vote: 195,000
(1,2,3,4) shares.
(iii) sole power to dispose or direct the disposition of:
0 shares.
(iv) shared power to dispose or direct the disposition
of: 195,000 (1,2,3,4) shares.
5. Barry Fingerhut:
(a) Amount Beneficially Owned:195,000(1,2,3,4) shares. Reporting
person is a general partner of Applewood Associates, and an
officer and a director of Applewood Capital Corp.
(b) Percent of Class: 2.5%
(c) Number of shares as to which such person has:
(i) sole power to vote or direct the vote: 0 shares.
(ii) shared power to vote or direct the vote:
195,000 (1,2,3,4) shares.
(iii) sole power to dispose or direct the disposition of:
0 shares.
(iv) shared power to dispose or direct the disposition
of: 195,000 (1,2,3,4) shares.
6. Seth Lieber:
(a) Amount Beneficially Owned:195,000(1,2,3,4) shares. Reporting
person is a general partner of Applewood Associates, and an
officer and a director of Applewood Capital Corp.
(b) Percent of Class: 2.5%
(c) Number of shares as to which such person has:
(i) sole power to vote or direct the vote: 0 shares.
(ii) shared power to vote or direct the vote: 195,000
(1,2,3,4) shares.
(iii) sole power to dispose or direct the disposition of:
0 shares.
(iv) shared power to dispose or direct the disposition
of: 195,000 (1,2,3,4) shares.
7. Jonathan Lieber:
(a) Amount Beneficially Owned:195,000(1,2,3,4) shares. Reporting
person is a general partner of Applewood Associates, and an
officer and a director of Applewood Capital Corp.
(b) Percent of Class: 2.5%
(c) Number of shares as to which such person has:
(i) sole power to vote or direct the vote: 0 shares.
(ii) shared power to vote or direct the vote: 195,000
(1,2,3,4) shares.
(iii) sole power to dispose or direct the disposition of:
0 shares.
(iv) shared power to dispose or direct the disposition
of: 195,000(1,2,3,4) shares.
Page 22 of 33
<PAGE>
8. Seneca Ventures:
(a) Amount Beneficially Owned: 468,000(3,4,5,6,7,8,9) shares.
(b) Percent of Class: 7.2%
(c) Number of shares as to which such person has:
(i) sole power to vote or direct the vote: 105,000(3,6)
shares.
(ii) shared power to vote or direct the vote: 468,000(3,
4,5,7,8,9) shares.
(iii) sole power to dispose or direct the disposition of:
105,000(3,6) shares.
(iv) shared power to dispose or direct the disposition
of: 468,000(3,4,5,7,8,9) shares.
9. Woodland Venture Fund:
(a) Amount Beneficially Owned: 573,000(3,4,5,6,7,8,9) shares.
(b) Percent of Class: 7.2%
(c) Number of shares as to which such person has:
(i) sole power to vote or direct the vote: 150,000(3,7)
shares.
(ii) shared power to vote or direct the vote: 423,000(3,
4,5,6,8,9) shares.
(iii) sole power to dispose or direct the disposition of:
150,000(3,7) shares.
(iv) shared power to dispose or direct the disposition
of: 423,000(3,4,5,6,8,9) shares.
10. Woodland Partners:
(a) Amount Beneficially Owned: 573,000(3,4,5,6,7,8,9) shares.
(b) Percent of Class: 7.2%
(c) Number of shares as to which such person has:
(i) sole power to vote or direct the vote: 150,000(3,8)
shares.
(ii) shared power to vote or direct the vote: 423,000(3,
4,5,6,7,9) shares.
(iii) sole power to dispose or direct the disposition of:
150,000(3,8) shares.
(iv) shared power to dispose or direct the disposition
of: 423,000(3,4,5,6,7,9) shares.
11. The Marilyn and Barry Rubenstein Family Foundation
(the "Foundation"):
(a) Amount Beneficially Owned: 573,000(3,4,5,6,7,8,9) shares.
(b) Percent of Class: 7.2%
(c) Number of shares as to which such person has:
(i) sole power to vote or direct the vote: 6,000(3,9)
shares.
(ii) shared power to vote or direct the vote: 567,000(3,
4,5,6,7,8) shares.
(iii) sole power to dispose or direct the disposition of:
6,000(3,9) shares.
(iv) shared power to dispose or direct the disposition
of: 567,000(3,4,5,6,7,8) shares.
12. Marilyn Rubenstein:
(a) Amount Beneficially Owned: 573,000(3,4,5,6,7,8,9) Reporting
person is a general partner of Woodland Partners, a Trustee
of the Foundation and an officer of Woodland Services Corp.
Marilyn Rubenstein is the mother of Brian Rubenstein and
Rebecca Rubenstein.
(b) Percent of Class: 7.2%
(c) Number of shares as to which such person has:
(i) sole power to vote or direct the vote: 0 shares.
(ii) shared power to vote or direct the vote:
573,000(3,4,5,6,7,8,9) shares.
(iii) sole power to dispose or direct the disposition of:
0 shares.
(iv) shared power to dispose or direct the disposition
of: 573,000(3,4,5,6,7,8,9) shares.
Page 23 of 33
<PAGE>
13. Woodland Services Corp.:
(a) Amount Beneficially Owned: 573,000(3,4,5,6,7,8,9) shares.
Reporting person is a general partner of Seneca Ventures and
Woodland Venture Fund.
(b) Percent of Class: 7.2%
(c) Number of shares as to which such person has:
(i) sole power to vote or direct the vote: 0 shares.
(ii) shared power to vote or direct the vote:
573,000(3,4,5,6,7,8,9) shares.
(iii) sole power to dispose or direct the disposition of:
0 shares.
(iv) shared power to dispose or direct the disposition
of: 573,000(3,4,5,6,7,8,9) shares.
14. Brian Rubenstein:
(a) Amount Beneficially Owned: 6,000(3,4,9) shares. Reporting
person is a Trustee of the Foundation and the son of Barry
and Marilyn Rubenstein.
(b) Percent of Class: 0.1%
(c) Number of shares as to which such person has:
(i) sole power to vote or direct the vote: 0 shares.
(ii) shared power to vote or direct the vote: 6,000(3,
4,9) shares.
(iii) sole power to dispose or direct the disposition of:
0 shares.
(iv) shared power to dispose or direct the disposition
of: 6,000(3,4,9) shares.
15. Rebecca Rubenstein:
(a) Amount Beneficially Owned: 6,000(3,4,9) shares. Reporting
person is a Trustee of the Foundation and the daughter of
Barry and Marilyn Rubenstein.
(b) Percent of Class: 0.1%
(c) Number of shares as to which such person has:
(i) sole power to vote or direct the vote: 0 shares.
(ii) shared power to vote or direct the vote: 6,000
(3,4,9) shares.
(iii) sole power to dispose or direct the disposition of:
0 shares.
(iv) shared power to dispose or direct the disposition
of: 6,000(3,4,9) shares.
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. |_|
Instruction: Dissolution of a group requires a response to this item.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not Applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company.
Not Applicable.
Page 24 of 33
<PAGE>
Item 8. Identification and Classification of Members of the Group.
See Exhibit A for Joint Filing Agreement.
See Exhibit B for Brian Rubenstein - Power of Attorney.
See Exhibit C for Rebecca Rubenstein - Power of Attorney.
Item 9. Notice of Dissolution of Group.
Not Applicable.
Item 10. Certification.
(b) The following certification shall be included if the
statement is filed pursuant to ss.240.13d-1(c):
By signing below each party certifies that, to the best of
his/her/its 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.
Page 25 of 33
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of their knowledge and belief,
each of the undersigned hereby certifies that the information set forth in this
statement is true, complete and correct.
Date: June 25, 1999
APPLEWOOD ASSOCIATES, L.P.
By: Barry Rubenstein
-----------------------------------
Barry Rubenstein, a General Partner
APPLEWOOD CAPITAL CORP.
By: Irwin Lieber
-------------------------------------
Irwin Lieber, Secretary and Treasurer
Barry Fingerhut
-------------------------------------
Barry Fingerhut
Barry Rubenstein
-------------------------------------
Barry Rubenstein
Irwin Lieber
-------------------------------------
Irwin Lieber
Seth Lieber
-------------------------------------
Seth Lieber
Jonathan Lieber
-------------------------------------
Jonathan Lieber
Page 26 of 33
<PAGE>
WOODLAND PARTNERS
By: Barry Rubenstein
------------------------------------
Barry Rubenstein, a General Partner
SENECA VENTURES
By: Barry Rubenstein
-------------------------------------
Barry Rubenstein, a General Partner
WOODLAND VENTURE FUND
By: Barry Rubenstein
-------------------------------------
Barry Rubenstein, a General Partner
WOODLAND SERVICES CORP.
By: Barry Rubenstein
--------------------------------------------
Barry Rubenstein, President
THE MARILYN AND BARRY RUBENSTEIN
FAMILY FOUNDATION
By: Barry Rubenstein
-------------------------------------
Barry Rubenstein, a Trustee
Page 27 of 33
<PAGE>
Marilyn Rubenstein
-------------------------------------
Marilyn Rubenstein
*
-------------------------------------
Brian Rubenstein
*
-------------------------------------
Rebecca Rubenstein
* Barry Rubenstein
-----------------------------------------
Barry Rubenstein, Attorney-in-Fact
Attention: Intentional misstatements or omissions of fact constitute
Federal criminal violations (See 18 U.S.C. 1001)
Page 28 of 33
<PAGE>
Exhibit A
JOINT FILING AGREEMENT
In accordance with Rule 13d-1 under the Securities Exchange Act of 1934, as
amended, the undersigned hereby agree to the joint filing on behalf of each of
them of a statement on Schedule 13G (including amendments thereto) with respect
to the Common Stock, $0.01 par value per share, of Objective Communications,
Inc. and that this Agreement be included as an Exhibit to such joint filing.
IN WITNESS WHEREOF, the undersigned hereby execute this Agreement this 25th
day of June, 1999. APPLEWOOD ASSOCIATES, L.P.
By: Barry Rubenstein
-------------------------------------
Barry Rubenstein, a General Partner
APPLEWOOD CAPITAL CORP.
By: Irwin Lieber
-------------------------------------
Irwin Lieber, Secretary and Treasurer
Barry Fingerhut
-------------------------------------
Barry Fingerhut
Barry Rubenstein
-------------------------------------
Barry Rubenstein
Irwin Lieber
-------------------------------------
Irwin Lieber
Seth Lieber
-------------------------------------
Seth Lieber
Jonathan Lieber
-------------------------------------
Jonathan Lieber
Page 29 of 33
<PAGE>
WOODLAND PARTNERS
By: Barry Rubenstein
-------------------------------------
Barry Rubenstein, a General Partner
SENECA VENTURES
By: Barry Rubenstein
-------------------------------------
Barry Rubenstein, a General Partner
WOODLAND VENTURE FUND
By: Barry Rubenstein
-------------------------------------
Barry Rubenstein, a General Partner
WOODLAND SERVICES CORP.
By: Barry Rubenstein
-------------------------------------
Barry Rubenstein, President
THE MARILYN AND BARRY RUBENSTEIN
FAMILY FOUNDATION
By: Barry Rubenstein
-------------------------------------
Barry Rubenstein, a Trustee
Page 30 of 33
<PAGE>
Marilyn Rubenstein
-------------------------------------
Marilyn Rubenstein
*
-------------------------------------
Brian Rubenstein
*
-------------------------------------
Rebecca Rubenstein
* Barry Rubenstein
----------------------------------------
Barry Rubenstein, Attorney-in-Fact
Page 31 of 33
<PAGE>
Exhibit B
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that the person whose signature appears
below constitutes and appoints BARRY RUBENSTEIN, his true and lawful
attorney-in-fact and agent, with full power of substitution and resubstitution,
for him and in his name, place and stead, in any and all capacities, to sign any
and all statements and reports required under Section 13(d) of the Securities
Exchange Act of 1934, as amended, including, without limitation, Schedule 13D
and all amendments of all such statements and/or reports, and to file the same,
with all exhibits thereto, and other documents in connection therewith, with the
Securities and Exchange Commission and with such other parties as may be
required, granting unto said attorney-in-fact and agent, and each of them, full
power and authority to do and perform each and every act and thing requisite and
necessary to be done in and about the premises, as fully to all intents and
purposes as he might or could do in person, hereby ratifying and confirming all
that said attorney-in-fact and agent or any of them, or their or his substitute
or substitutes, may lawfully do or cause to be done by virtue thereof.
IN WITNESS WHEREOF, I have hereunto set my hand this 25th day of June,
1999.
Brian Rubenstein
----------------------
Brian Rubenstein
Page 32 of 33
<PAGE>
Exhibit C
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that the person whose signature appears
below constitutes and appoints BARRY RUBENSTEIN, her true and lawful
attorney-in-fact and agent, with full power of substitution and resubstitution,
for her and in her name, place and stead, in any and all capacities, to sign any
and all statements and reports required under Section 13(d) of the Securities
Exchange Act of 1934, as amended, including, without limitation, Schedule 13D
and all amendments of all such statements and/or reports, and to file the same,
with all exhibits thereto, and other documents in connection therewith, with the
Securities and Exchange Commission and with such other parties as may be
required, granting unto said attorney-in-fact and agent, and each of them, full
power and authority to do and perform each and every act and thing requisite and
necessary to be done in and about the premises, as fully to all intents and
purposes as she might or could do in person, hereby ratifying and confirming all
that said attorney-in-fact and agent or any of them, or their or her substitute
or substitutes, may lawfully do or cause to be done by virtue thereof.
IN WITNESS WHEREOF, I have hereunto set my hand this 25th day of June,
1999.
Rebecca Rubenstein
----------------------
Rebecca Rubenstein
Page 33 of 33
