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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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SCHEDULE 13D
(RULE 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
(Amendment No.__________)(1)
CoActive Marketing Group, Inc.
(Name of Issuer)
Common Stock, .001 par value
(Title of Class of Securities)
189875107
(CUSIP Number)
Milton R. Gleit, Esq., McCarthy, Fingar, Donovan, Drazen & Smith, L.L.P.
11 Martine Ave., 12th Flr., White Plains, NY 10606-1934, Tel. (914) 946-3700
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
December 14, 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 Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the
following box. [ ]
Note: Schedules filed in paper format shall include a signed original
and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for
other parties to whom copies are to be sent.
(Continued on following pages)
(Page 1 of 5 Pages)
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(1) 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 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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CUSIP No. 189875107 13D Page 2 of 5 Pages
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
JOSEPH E. SHEEHAN
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
3 SEC USE ONLY
4 SOURCE OF FUNDS:
PF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) [ ]
6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
NUMBERS OF
SHARES
BENEFICIALLY OWNED
BY
EACH REPORTING
PERSON WITH
7 SOLE VOTING POWER
185,524
8 SHARED VOTING POWER
9 SOLE DISPOSITIVE POWER
317,007
10 SHARED DISPOSITIVE POWER
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
317,007
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.045%
14 TYPE OF REPORTING PERSON
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
Item 1. Security and Issuer
Common Stock, $.001 par value
CoActive Marketing Group, Inc.
415 Northern Boulevard
Great Neck, NY 11021
Item 2. Identity and Background.
(a) Joseph E. Sheehan
(b) J.E. Sheehan & Co., Inc.
711 Fifth Avenue, 4th Floor
New York, NY 10022
(c) The undersigned is owner and operator of J. E. Sheehan &
Company, Inc., 711 Fifth Avenue, New York, NY 10022. J. E.
Sheehan & Company, Inc. is engaged in the business of
investment banking.
(d) During the last five years, the undersigned has not
been convicted in any criminal proceeding (excluding
traffic violations or similar misdemeanors).
(e) During the last five years, the undersigned has not
been a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction and, as
a result of such proceeding was not or is not 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) The undersigned is a citizen of the United States of
America.
Item 3. One hundred eighty-five thousand five hundred twenty-four (185,524)
shares are owned by the undersigned personally. These shares were
purchased by me using my own funds, no borrowing was involved.
Eighty-one thousand four hundred eighty-three (81,483) shares were
purchased by the grantor trust for Zita Sheehan using funds in the
said Trust without borrowing. Fifty thousand (50,000) shares were
purchased
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by the grantor trust for the benefit of Joseph E. Sheehan III using
funds in the said Trust, without borrowing. The undersigned has
sole investment powers over the funds in both Trusts.
Item 4. The purpose of the transaction was to take an investment position
in the Issuer. The undersigned does not have any plan or proposal
which relate to, or would result in, any of the matters referred to
in clauses (a), (b), (c), (d), (e), (f), (g), (h), (i), or (j) of
Item 4. The undersigned may, however, at any time or from time to
time, review or reconsider his position with respect to the Issuer
and formulate plans or proposals with respect to any such items,
but has no present intention of doing so.
Item 5. The undersigned owns individually, and has the right to vote
185,524 shares of the Common Stock, .001 par value of the Issuer,
which is 4.123% of the outstanding shares of Common Stock of the
Issuer. The Grantor Trust for the benefit of Zita Sheehan, the
daughter of the undersigned, owns and has the right to vote 81,483
shares of the Common Stock, .001 par value of the Issuer which is
1.811% of the outstanding shares of outstanding of Issuer. The
Trustee of said trust with the right to vote the Shares owned by
the Trust is Rosa Sheehan, wife of the undersigned. The Grantor
Trust for the benefit of Joseph E. Sheehan, III, the son of the
undersigned owns and has the right to vote 50,000 shares of the
Common Stock, .001 par value of the Issuer which is 1.111% of the
outstanding shares of Common Stock of the Issuer. The Trustee of
said Trust is also Rosa Sheehan. The undersigned has the sole right
to manage the investments made by each of said Trusts.
On December 14, 1999 the undersigned acquired one hundred eleven
thousand five hundred forty-one (111,541) shares of the Common
Stock of the Issuer, the Grantor Trust for the benefit of Zita
Sheehan acquired fifty thousand (50,000) shares and the Grantor
Trust for the benefit of Joseph E. Sheehan, III, acquired fifty
thousand (50,000) shares. All such shares were acquired in a
private transaction with an investor at $1.875 per share.
Item 6. There are no contracts, arrangements, understandings or
relationships involving the undersigned with respect to securities
of the Issuer.
Item 7. Material to be Filed as Exhibits. Not Applicable.
SIGNATURES ON FOLLOWING PAGE
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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.
December 28, 1999
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/s/ Joseph E. Sheehan
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Joseph E. Sheehan
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