SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
S C H E D U L E 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)(1)
ONLINE RESOURCES & COMMUNICATIONS CORPORATION
(Name of Issuer)
COMMON STOCK, $0.0001 PAR VALUE
(Title of Class of Securities)
68273G101
(CUSIP Number)
Copy to:
21st Century Communications Michael R. Reiner, Esq.
Partners, L.P. Morrison Cohen Singer & Weinstein, LLP
767 Fifth Avenue 750 Lexington Avenue
New York, New York 10153 New York, New York 10022
Telephone (212) 754-8100 Telephone (212) 735-8600
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
March 9, 2000
(Date of Event which Requires Filing 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-(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 page(s))
- --------
(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).
- 1 of 50 -
<PAGE>
CUSIP No.
No. 68273G101 13D
________________________________________________________________________________
1 Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
Wheatley Partners II, L.P., (formerly, Applewood Associates, L.P.)
________________________________________________________________________________
2 Check the Appropriate Box If a Member of a Group*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC Use Only
________________________________________________________________________________
4 Source of Funds*
WC, OO
________________________________________________________________________________
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [_]
________________________________________________________________________________
6 Citizenship or Place of Organization
New York
________________________________________________________________________________
7 Sole Voting Power
Number of
312,915 shares 2.8%
Shares _________________________________________________________________
8 Shared Voting Power
Beneficially
Owned by 0 shares 0%
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting
312,915 shares 2.8%
Person _________________________________________________________________
10 Shared Dispositive Power
With
0 shares 0%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned by Each Reporting Person
312,915 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
2.8%
________________________________________________________________________________
14 Type of Reporting Person*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 2 of 50 -
<PAGE>
CUSIP No.
No. 68273G101 13D
________________________________________________________________________________
1 Name 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*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC Use Only
________________________________________________________________________________
4 Source of Funds*
OO
________________________________________________________________________________
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [_]
________________________________________________________________________________
6 Citizenship or Place of Organization
New York
________________________________________________________________________________
7 Sole Voting Power
Number of
0 shares 0%
Shares _________________________________________________________________
8 Shared Voting Power
Beneficially
Owned by 312,915 shares 2.8%
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting
0 Shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
312,915 shares 2.8%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned by Each Reporting Person
312,915 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
2.8%
________________________________________________________________________________
14 Type of Reporting Person*
CO
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 3 of 50 -
<PAGE>
CUSIP No.
No. 68273G101 13D
________________________________________________________________________________
1 Name 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*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC Use Only
________________________________________________________________________________
4 Source of Funds*
PF, OO
________________________________________________________________________________
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [_]
________________________________________________________________________________
6 Citizenship or Place of Organization
United Shares
________________________________________________________________________________
7 Sole Voting Power
Number of
14,256 shares 0.1%
Shares _________________________________________________________________
8 Shared Voting Power
Beneficially
Owned by 825,253 shares 7.2%
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting
14,256 shares 0.1%
Person _________________________________________________________________
10 Shared Dispositive Power
With
825,253 shares 7.2%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned by Each Reporting Person
839,509 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
7.3%
________________________________________________________________________________
14 Type of Reporting Person*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 4 of 50 -
<PAGE>
CUSIP No.
No. 68273G101 13D
________________________________________________________________________________
1 Name 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*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC Use Only
________________________________________________________________________________
4 Source of Funds*
OO
________________________________________________________________________________
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [_]
________________________________________________________________________________
6 Citizenship or Place of Organization
United Shares
________________________________________________________________________________
7 Sole Voting Power
Number of
0 shares 0%
Shares _________________________________________________________________
8 Shared Voting Power
Beneficially
Owned by 839,509 shares 7.3%
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting
0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
839,509 shares 7.3%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned by Each Reporting Person
839,509 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
7.3%
________________________________________________________________________________
14 Type of Reporting Person*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 5 of 50 -
<PAGE>
CUSIP No.
No. 68273G101 13D
________________________________________________________________________________
1 Name 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*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC Use Only
________________________________________________________________________________
4 Source of Funds*
PF, OO
________________________________________________________________________________
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [_]
________________________________________________________________________________
6 Citizenship or Place of Organization
United Shares
________________________________________________________________________________
7 Sole Voting Power
Number of
39,204 shares 0.4%
Shares ________________________________________________________________
8 Shared Voting Power
Beneficially
Owned by 825,253 shares 7.2%
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting
39,204 shares 0.4%
Person _________________________________________________________________
10 Shared Dispositive Power
With
825,253 shares 7.2%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned by Each Reporting Person
864,457 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
7.5%
________________________________________________________________________________
14 Type of Reporting Person*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 6 of 50 -
<PAGE>
CUSIP No.
No. 68273G101 13D
________________________________________________________________________________
1 Name 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*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC Use Only
________________________________________________________________________________
4 Source of Funds*
OO
________________________________________________________________________________
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [_]
________________________________________________________________________________
6 Citizenship or Place of Organization
United Shares
________________________________________________________________________________
7 Sole Voting Power
Number of
0 shares 0%
Shares ________________________________________________________________
8 Shared Voting Power
Beneficially
Owned by 312,915 shares 2.8%
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting
0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
312,915 shares 2.8%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned by Each Reporting Person
312,915 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
2.8%
________________________________________________________________________________
14 Type of Reporting Person*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 7 of 50 -
<PAGE>
CUSIP No.
No. 68273G101 13D
________________________________________________________________________________
1 Name 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*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC Use Only
________________________________________________________________________________
4 Source of Funds*
OO
________________________________________________________________________________
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [_]
________________________________________________________________________________
6 Citizenship or Place of Organization
United Shares
________________________________________________________________________________
7 Sole Voting Power
Number of
0 shares 0%
Shares ________________________________________________________________
8 Shared Voting Power
Beneficially
Owned by 312,915 shares 2.8%
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting
0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
312,915 shares 2.8%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned by Each Reporting Person
312,915 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
2.8%
________________________________________________________________________________
14 Type of Reporting Person*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 8 of 50 -
<PAGE>
CUSIP No.
No. 68273G101 13D
________________________________________________________________________________
1 Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
21st Century Communications Partners, L.P.
________________________________________________________________________________
2 Check the Appropriate Box If a Member of a Group*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC Use Only
________________________________________________________________________________
4 Source of Funds*
WC, OO
________________________________________________________________________________
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [_]
________________________________________________________________________________
6 Citizenship or Place of Organization
Delaware
________________________________________________________________________________
7 Sole Voting Power
Number of
347,411 shares 3.1%
Shares ________________________________________________________________
8 Shared Voting Power
Beneficially
Owned by 164,927 shares 1.5%
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting
347,411 shares 3.1%
Person _________________________________________________________________
10 Shared Dispositive Power
With
164,927 shares 1.5%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned by Each Reporting Person
512,338 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
4.5%
________________________________________________________________________________
14 Type of Reporting Person*
PN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 9 of 50 -
<PAGE>
CUSIP No.
No. 68273G101 13D
________________________________________________________________________________
1 Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
21st Century Communications T-E Partners, L.P.
________________________________________________________________________________
2 Check the Appropriate Box If a Member of a Group*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC Use Only
________________________________________________________________________________
4 Source of Funds*
WC, OO
________________________________________________________________________________
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [_]
________________________________________________________________________________
6 Citizenship or Place of Organization
Delaware
________________________________________________________________________________
7 Sole Voting Power
Number of
118,224 shares 1.1%
Shares ________________________________________________________________
8 Shared Voting Power
Beneficially
Owned by 394,114 shares 3.5%
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting
118,224 shares 1.1%
Person _________________________________________________________________
10 Shared Dispositive Power
With
394,114 shares 3.5%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned by Each Reporting Person
512,338 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
4.5%
________________________________________________________________________________
14 Type of Reporting Person*
PN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 10 of 50 -
<PAGE>
CUSIP No.
No. 68273G101 13D
________________________________________________________________________________
1 Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
21st Century Communications Foreign Partners, L.P.
________________________________________________________________________________
2 Check the Appropriate Box If a Member of a Group*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC Use Only
________________________________________________________________________________
4 Source of Funds*
WC, OO
________________________________________________________________________________
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [_]
________________________________________________________________________________
6 Citizenship or Place of Organization
Delaware
________________________________________________________________________________
7 Sole Voting Power
Number of
46,703 shares 0.4%
Shares ________________________________________________________________
8 Shared Voting Power
Beneficially
Owned by 465,635 shares 4.1%
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting
46,703 shares 0.4%
Person _________________________________________________________________
10 Shared Dispositive Power
With
465,635 shares 4.1%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned by Each Reporting Person
512,338 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
4.5%
________________________________________________________________________________
14 Type of Reporting Person*
PN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 11 of 50 -
<PAGE>
CUSIP No.
No. 68273G101 13D
________________________________________________________________________________
1 Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
Sandlers Investment Partners, L.P.
________________________________________________________________________________
2 Check the Appropriate Box If a Member of a Group*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC Use Only
________________________________________________________________________________
4 Source of Funds*
OO
________________________________________________________________________________
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [_]
________________________________________________________________________________
6 Citizenship or Place of Organization
New York
________________________________________________________________________________
7 Sole Voting Power
Number of
0 shares 0%
Shares ________________________________________________________________
8 Shared Voting Power
Beneficially
Owned by 512,338 shares 4.5%
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting
0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
512,338 shares 4.5%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned by Each Reporting Person
512,338 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
4.5%
________________________________________________________________________________
14 Type of Reporting Person*
PN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 12 of 50 -
<PAGE>
CUSIP No.
No. 68273G101 13D
________________________________________________________________________________
1 Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
Sandler Capital Management
________________________________________________________________________________
2 Check the Appropriate Box If a Member of a Group*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC Use Only
________________________________________________________________________________
4 Source of Funds*
OO
________________________________________________________________________________
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [_]
________________________________________________________________________________
6 Citizenship or Place of Organization
New York
________________________________________________________________________________
7 Sole Voting Power
Number of
0 shares 0%
Shares ________________________________________________________________
8 Shared Voting Power
Beneficially
Owned by 512,338 shares 4.5%
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting
0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
512,338 shares 4.5%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned by Each Reporting Person
512,338 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
4.5%
________________________________________________________________________________
14 Type of Reporting Person*
PN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 13 of 50 -
<PAGE>
CUSIP No.
No. 68273G101 13D
________________________________________________________________________________
1 Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
ARH Corp.
________________________________________________________________________________
2 Check the Appropriate Box If a Member of a Group*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC Use Only
________________________________________________________________________________
4 Source of Funds*
OO
________________________________________________________________________________
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [_]
________________________________________________________________________________
6 Citizenship or Place of Organization
Delaware
________________________________________________________________________________
7 Sole Voting Power
Number of
0 shares 0%
Shares ________________________________________________________________
8 Shared Voting Power
Beneficially
Owned by 512,338 shares 4.5%
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting
0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
512,338 shares 4.5%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned by Each Reporting Person
512,338 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
4.5%
________________________________________________________________________________
14 Type of Reporting Person*
CO
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 14 of 50 -
<PAGE>
CUSIP No.
No. 68273G101 13D
________________________________________________________________________________
1 Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
ALCR Corp.
________________________________________________________________________________
2 Check the Appropriate Box If a Member of a Group*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC Use Only
________________________________________________________________________________
4 Source of Funds*
OO
________________________________________________________________________________
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [_]
________________________________________________________________________________
6 Citizenship or Place of Organization
New York
________________________________________________________________________________
7 Sole Voting Power
Number of
0 shares 0%
Shares ________________________________________________________________
8 Shared Voting Power
Beneficially
Owned by 512,338 shares 4.5%
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting
0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
512,338 shares 4.5%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned by Each Reporting Person
512,338 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
4.5%
________________________________________________________________________________
14 Type of Reporting Person*
CO
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 15 of 50 -
<PAGE>
CUSIP No.
No. 68273G101 13D
________________________________________________________________________________
1 Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
MJDM Corp.
________________________________________________________________________________
2 Check the Appropriate Box If a Member of a Group*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC Use Only
________________________________________________________________________________
4 Source of Funds*
OO
________________________________________________________________________________
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [_]
________________________________________________________________________________
6 Citizenship or Place of Organization
New York
________________________________________________________________________________
7 Sole Voting Power
Number of
0 shares 0%
Shares ________________________________________________________________
8 Shared Voting Power
Beneficially
Owned by 512,338 shares 4.5%
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting
0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
512,338 shares 4.5%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned by Each Reporting Person
512,338 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
4.5%
________________________________________________________________________________
14 Type of Reporting Person*
CO
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 16 of 50 -
<PAGE>
CUSIP No.
No. 68273G101 13D
________________________________________________________________________________
1 Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
Four JK Corp.
________________________________________________________________________________
2 Check the Appropriate Box If a Member of a Group*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC Use Only
________________________________________________________________________________
4 Source of Funds*
OO
________________________________________________________________________________
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [_]
________________________________________________________________________________
6 Citizenship or Place of Organization
Delaware
________________________________________________________________________________
7 Sole Voting Power
Number of
0 shares 0%
Shares ________________________________________________________________
8 Shared Voting Power
Beneficially
Owned by 512,338 shares 4.5%
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting
0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
512,338 shares 4.5%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned by Each Reporting Person
512,338 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
4.5%
________________________________________________________________________________
14 Type of Reporting Person*
CO
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 17 of 50 -
<PAGE>
CUSIP No.
No. 68273G101 13D
________________________________________________________________________________
1 Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
SERF Corp.
________________________________________________________________________________
2 Check the Appropriate Box If a Member of a Group*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC Use Only
________________________________________________________________________________
4 Source of Funds*
OO
________________________________________________________________________________
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [_]
________________________________________________________________________________
6 Citizenship or Place of Organization
New York
________________________________________________________________________________
7 Sole Voting Power
Number of
0 shares 0%
Shares ________________________________________________________________
8 Shared Voting Power
Beneficially
Owned by 512,338 shares 4.5%
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting
0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
512,338 shares 4.5%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned by Each Reporting Person
512,338 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
4.5%
________________________________________________________________________________
14 Type of Reporting Person*
CO
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 18 of 50 -
<PAGE>
CUSIP No.
No. 68273G101 13D
________________________________________________________________________________
1 Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
TERPSI Corp.
________________________________________________________________________________
2 Check the Appropriate Box If a Member of a Group*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC Use Only
________________________________________________________________________________
4 Source of Funds*
OO
________________________________________________________________________________
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [_]
________________________________________________________________________________
6 Citizenship or Place of Organization
New York
________________________________________________________________________________
7 Sole Voting Power
Number of
0 shares 0%
Shares ________________________________________________________________
8 Shared Voting Power
Beneficially
Owned by 512,338 shares 4.5%
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting
0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
512,338 shares 4.5%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned by Each Reporting Person
512,338 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
4.5%
________________________________________________________________________________
14 Type of Reporting Person*
CO
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 19 of 50 -
<PAGE>
CUSIP No.
No. 68273G101 13D
________________________________________________________________________________
1 Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
JIRAKAL Corp.
________________________________________________________________________________
2 Check the Appropriate Box If a Member of a Group*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC Use Only
________________________________________________________________________________
4 Source of Funds*
OO
________________________________________________________________________________
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [_]
________________________________________________________________________________
6 Citizenship or Place of Organization
New York
________________________________________________________________________________
7 Sole Voting Power
Number of
0 shares 0%
Shares ________________________________________________________________
8 Shared Voting Power
Beneficially
Owned by 512,338 shares 4.5%
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting
0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
512,338 shares 4.5%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned by Each Reporting Person
512,338 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
4.5%
________________________________________________________________________________
14 Type of Reporting Person*
CO
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 20 of 50 -
<PAGE>
CUSIP No.
No. 68273G101 13D
________________________________________________________________________________
1 Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
Infomedia Associates, Ltd.
________________________________________________________________________________
2 Check the Appropriate Box If a Member of a Group*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC Use Only
________________________________________________________________________________
4 Source of Funds*
OO
________________________________________________________________________________
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [_]
________________________________________________________________________________
6 Citizenship or Place of Organization
New York
________________________________________________________________________________
7 Sole Voting Power
Number of
0 shares 0%
Shares ________________________________________________________________
8 Shared Voting Power
Beneficially
Owned by 512,338 shares 4.5%
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting
0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
512,338 shares 4.5%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned by Each Reporting Person
512,338 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
4.5%
________________________________________________________________________________
14 Type of Reporting Person*
CO
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 21 of 50 -
<PAGE>
CUSIP No.
No. 68273G101 13D
________________________________________________________________________________
1 Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
Harvey Sandler
________________________________________________________________________________
2 Check the Appropriate Box If a Member of a Group*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC Use Only
________________________________________________________________________________
4 Source of Funds*
OO
________________________________________________________________________________
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [_]
________________________________________________________________________________
6 Citizenship or Place of Organization
United States
________________________________________________________________________________
7 Sole Voting Power
Number of
0 shares 0%
Shares ________________________________________________________________
8 Shared Voting Power
Beneficially
Owned by 512,338 shares 4.5%
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting
0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
512,338 shares 4.5%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned by Each Reporting Person
512,338 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
4.5%
________________________________________________________________________________
14 Type of Reporting Person*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 22 of 50 -
<PAGE>
CUSIP No.
No. 68273G101 13D
________________________________________________________________________________
1 Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
Andrew Sandler
________________________________________________________________________________
2 Check the Appropriate Box If a Member of a Group*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC Use Only
________________________________________________________________________________
4 Source of Funds*
OO
________________________________________________________________________________
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [_]
________________________________________________________________________________
6 Citizenship or Place of Organization
United States
________________________________________________________________________________
7 Sole Voting Power
Number of
0 shares 0%
Shares ________________________________________________________________
8 Shared Voting Power
Beneficially
Owned by 512,338 shares 4.5%
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting
0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
512,338 shares 4.5%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned by Each Reporting Person
512,338 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
4.5%
________________________________________________________________________________
14 Type of Reporting Person*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 23 of 50 -
<PAGE>
CUSIP No.
No. 68273G101 13D
________________________________________________________________________________
1 Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
Michael J. Marocco
________________________________________________________________________________
2 Check the Appropriate Box If a Member of a Group*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC Use Only
________________________________________________________________________________
4 Source of Funds*
OO
________________________________________________________________________________
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [_]
________________________________________________________________________________
6 Citizenship or Place of Organization
United States
________________________________________________________________________________
7 Sole Voting Power
Number of
0 shares 0%
Shares ________________________________________________________________
8 Shared Voting Power
Beneficially
Owned by 512,338 shares 4.5%
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting
0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
512,338 shares 4.5%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned by Each Reporting Person
512,338 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
4.5%
________________________________________________________________________________
14 Type of Reporting Person*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 24 of 50 -
<PAGE>
CUSIP No.
No. 68273G101 13D
________________________________________________________________________________
1 Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
John Kornreich
________________________________________________________________________________
2 Check the Appropriate Box If a Member of a Group*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC Use Only
________________________________________________________________________________
4 Source of Funds*
OO
________________________________________________________________________________
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [_]
________________________________________________________________________________
6 Citizenship or Place of Organization
United States
________________________________________________________________________________
7 Sole Voting Power
Number of
0 shares 0%
Shares ________________________________________________________________
8 Shared Voting Power
Beneficially
Owned by 512,338 shares 4.5%
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting
0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
512,338 shares 4.5%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned by Each Reporting Person
512,338 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
4.5%
________________________________________________________________________________
14 Type of Reporting Person*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 25 of 50 -
<PAGE>
CUSIP No.
No. 68273G101 13D
________________________________________________________________________________
1 Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
Douglas Schimmel
________________________________________________________________________________
2 Check the Appropriate Box If a Member of a Group*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC Use Only
________________________________________________________________________________
4 Source of Funds*
OO
________________________________________________________________________________
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [_]
________________________________________________________________________________
6 Citizenship or Place of Organization
United States
________________________________________________________________________________
7 Sole Voting Power
Number of
0 shares 0%
Shares ________________________________________________________________
8 Shared Voting Power
Beneficially
Owned by 512,338 shares 4.5%
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting
0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
512,338 shares 4.5%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned by Each Reporting Person
512,338 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
4.5%
________________________________________________________________________________
14 Type of Reporting Person*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 26 of 50 -
<PAGE>
CUSIP No.
No. 68273G101 13D
________________________________________________________________________________
1 Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
Hannah Stone
________________________________________________________________________________
2 Check the Appropriate Box If a Member of a Group*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC Use Only
________________________________________________________________________________
4 Source of Funds*
OO
________________________________________________________________________________
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [_]
________________________________________________________________________________
6 Citizenship or Place of Organization
United States
________________________________________________________________________________
7 Sole Voting Power
Number of
0 shares 0%
Shares ________________________________________________________________
8 Shared Voting Power
Beneficially
Owned by 512,338 shares 4.5%
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting
0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
512,338 shares 4.5%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned by Each Reporting Person
512,338 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
4.5%
________________________________________________________________________________
14 Type of Reporting Person*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 27 of 50 -
<PAGE>
CUSIP No.
No. 68273G101 13D
________________________________________________________________________________
1 Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
David Lee
________________________________________________________________________________
2 Check the Appropriate Box If a Member of a Group*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC Use Only
________________________________________________________________________________
4 Source of Funds*
OO
________________________________________________________________________________
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [_]
________________________________________________________________________________
6 Citizenship or Place of Organization
United States
________________________________________________________________________________
7 Sole Voting Power
Number of
0 shares 0%
Shares ________________________________________________________________
8 Shared Voting Power
Beneficially
Owned by 512,338 shares 4.5%
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting
0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
512,338 shares 4.5%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned by Each Reporting Person
512,338 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
4.5%
________________________________________________________________________________
14 Type of Reporting Person*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 28 of 50 -
<PAGE>
CUSIP No.
No. 68273G101 13D
________________________________________________________________________________
1 Name 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*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC Use Only
________________________________________________________________________________
4 Source of Funds*
WC, OO
________________________________________________________________________________
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [_]
________________________________________________________________________________
6 Citizenship or Place of Organization
New York
________________________________________________________________________________
7 Sole Voting Power
Number of
14,256 shares 0.1%
Shares ________________________________________________________________
8 Shared Voting Power
Beneficially
Owned by 0 shares 0%
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting
14,256 shares 0.1%
Person _________________________________________________________________
10 Shared Dispositive Power
With
0 shares 0%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned by Each Reporting Person
14,256 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
0.1%
________________________________________________________________________________
14 Type of Reporting Person*
PN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 29 of 50 -
<PAGE>
CUSIP No.
No. 68273G101 13D
________________________________________________________________________________
1 Name 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*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC Use Only
________________________________________________________________________________
4 Source of Funds*
OO
________________________________________________________________________________
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [_]
________________________________________________________________________________
6 Citizenship or Place of Organization
United States
________________________________________________________________________________
7 Sole Voting Power
Number of
0 shares 0%
Shares ________________________________________________________________
8 Shared Voting Power
Beneficially
Owned by 14,256 shares 0.1%
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting
0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
14,256 shares 0.1%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned by Each Reporting Person
14,256 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
0.1%
________________________________________________________________________________
14 Type of Reporting Person*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 30 of 50 -
<PAGE>
CUSIP No.
No. 68273G101 13D
________________________________________________________________________________
1 Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
Edward Grinacoff
________________________________________________________________________________
2 Check the Appropriate Box If a Member of a Group*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC Use Only
________________________________________________________________________________
4 Source of Funds*
OO
________________________________________________________________________________
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [_]
________________________________________________________________________________
6 Citizenship or Place of Organization
United States
________________________________________________________________________________
7 Sole Voting Power
Number of
0 shares 0%
Shares ________________________________________________________________
8 Shared Voting Power
Beneficially
Owned by 512,338 shares 4.5%
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting
0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
512,338 shares 4.5%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned by Each Reporting Person
512,338 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
4.5%
________________________________________________________________________________
14 Type of Reporting Person*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 31 of 50 -
<PAGE>
CUSIP No.
No. 68273G101 13D
________________________________________________________________________________
1 Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
MEDG Corp.
________________________________________________________________________________
2 Check the Appropriate Box If a Member of a Group*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC Use Only
________________________________________________________________________________
4 Source of Funds*
OO
________________________________________________________________________________
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [_]
________________________________________________________________________________
6 Citizenship or Place of Organization
New York
________________________________________________________________________________
7 Sole Voting Power
Number of
0 shares 0%
Shares ________________________________________________________________
8 Shared Voting Power
Beneficially
Owned by 512,338 shares 4.5%
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting
0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
512,338 shares 4.5%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned by Each Reporting Person
512,338 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
4.5%
________________________________________________________________________________
14 Type of Reporting Person*
CO
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 32 of 50 -
<PAGE>
This statement, dated March 9, 2000, constitutes Amendment No. 1 to the
Schedule 13D, dated June 4, 1999, regarding the reporting persons' ownership of
certain securities of Online Resources & Communications Corporation (the
"Issuer").
This Schedule 13D is hereinafter referred to as the "Schedule." All
capitalized terms used herein and otherwise undefined shall have the meanings
ascribed in the Schedule.
This Amendment No. 1 to the Schedule is filed in accordance with Rule 13d-2
of the Securities Exchange Act of 1934, as amended, by the reporting persons. It
shall refer only to information which has materially changed since the filing of
the Schedule.
ITEM 2. Identity and Background
1. (a) Wheatley Partners II, L.P. (formerly, Applewood Associates,
L.P.), a limited partnership organized under the laws of the
State of New York ("Wheatley II").
(b) Address: c/o Applewood Capital Corp.
68 Wheatley Road
Brookville, New York 11545
(c) Principal Business: Investments.
(d) No.
(e) No.
2. (a) Applewood Capital Corp., a corporation organized under the laws
of the State of New York ("Applewood Capital").
(b) Address: c/o Barry Rubenstein
68 Wheatley Road
Brookville, New York 11545
(c) Principal Business: Investments.
(d) No.
(e) No.
Applewood Capital is a general partner of Wheatley II.
3. (a) Barry Rubenstein, a general partner of Wheatley II, an
officer and director of Applewood Capital, a shareholder,
officer and director of Infomedia Associates, Ltd.
("Infomedia"), a general partner of the 21st Century
Communications Partners, L.P. ("21st Century"), 21st Century
Communications T-E Partners, L.P. ("T-E"), and 21st Century
Communications Foreign Partners, L.P. ("Foreign"), and a
general partner of Woodland Partners.
(b) Address: 68 Wheatley Road
Brookville, New York 11545
(c) Principal Occupation: Investments.
(d) No.
(e) No.
- 33 of 50 -
<PAGE>
(f) Citizenship: United States
Barry Rubenstein is the husband of Marilyn Rubenstein.
4. (a) Irwin Lieber, a general partner of Wheatley II, an officer
and director of Applewood Capital, and a shareholder,
officer and director of Infomedia, a general partner of the
21st Century, T-E and Foreign.
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Occupation : Investments.
(d) No.
(e) No.
(f) Citizenship: United States
Irwin Lieber is the father of Seth Lieber and Jonathan Lieber.
5. (a) Barry Fingerhut, resigned as a director of the Issuer on
January 6, 2000, a general partner of Wheatley II, an
officer and director of Applewood Capital, and a
shareholder, officer and director of Infomedia, a general
partner of the 21st Century, T-E and Foreign.
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Occupation: Investments.
(d) No.
(e) No.
(f) Citizenship: United States.
6. (a) Seth Lieber, a general partner of Wheatley II and an officer
of Applewood Capital.
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Occupation: Investments.
(d) No.
(e) No.
(f) Citizenship: United States.
7. (a) Jonathan Lieber, a general partner of Wheatley II and an
officer of Applewood Capital.
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Occupation: Investments.
(d) No.
(e) No.
(f) Citizenship: United States.
30. (a) Edward Grinacoff, is the sole shareholder of MEDG Corp.
(b) Address: 767 Fifth Avenue
New York, New York 10153
- 34 of 50 -
<PAGE>
(c) Principal Occupation: Investments.
(d) No.
(e) No.
(f) Citizenship: United States.
MEDG Corp. is a general partner of SCM, which is the general partner of
SIP, a general partner of 21st Century, T-E and Foreign.
31. (a) MEDG Corp., a corporation organized under laws of the State
of New York ("MEDG Corp.").
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Business: Investments.
(d) No.
(e) No.
ITEM 3. Source and Amount of Funds or Other Consideration.
The Issuer agreed to issue a total of 23,219 warrants to the reporting
persons under certain circumstances. If the Issuer's average closing price for
the 20-day trading period following the initial two-week period of trading of
the Issuer's Common Stock was at least $16.38 per share, the warrants would not
be exercisable. If the Issuer's average closing price for the above 20-day
period was at least $12.06, but less than $16.38 per share, then 15,479 of the
warrants would become exercisable. In all other cases, all of the warrants
referred to would become exercisable. As a result of the Issuer's average
closing price, a total of 15,479 warrants, expiring December 31, 2003, entitling
the holder to purchase one share of Common Stock at $8.42 per share became
exercisable (the "Additional Warrants").
ITEM 5. Interests in Securities of the Issuer.
(a) The following list sets forth the aggregate number and percentage
(based on 10,911,445 shares of Common Stock outstanding as reported by the
Issuer in its Form 10-Q for the quarter ended September 30, 1999), of
outstanding shares of Common Stock owned beneficially by each reporting person
named in Item 2, as of March 29, 2000:
Shares of Common Percentage of Shares
Stock Beneficially of Common Stock
Name Owned(2) Beneficially Owned(2)
- ---- ------------------ ----------------------
Wheatley Partners II, L.P. 312,915(3) 2.8%
- --------
2 Includes shares of Common Stock issuable upon the exercise of the 1996
Warrants, the Series C Warrants and the Additional Warrants.
3 Includes 197,230 shares of Common Stock, 71,284 shares issuable upon the
exercise of the 1996 Warrants, 38,426 shares issuable upon the exercise of
the Series C Warrants, and 5,975 shares issuable upon the exercise of the
Additional Warrants.
- 35 of 50 -
<PAGE>
<TABLE>
<CAPTION>
Shares of Common Percentage of Shares
Stock Beneficially of Common Stock
Name Owned (2) Beneficially Owned (2)
- ---- ---------------------- ----------------------
<S> <C> <C>
Applewood Capital Corp. 312,915(4),(5) 2.8%
Irwin Lieber 839,509(4,(5),(6),(7) 7.3%
Barry Rubenstein 839,509(4),(5),(6),(8) 7.3%
Barry Fingerhut 864,457(4),(5),(6),(9) 7.5%
Seth Lieber 312,915(4),(5) 2.8%
Jonathan Lieber 312,915(4),(5) 2.8%
21st Century Communications Partners, L.P. 512,338(4),(6) 4.5%
21st Century Communications T-E Partners, L.P. 512,338(4),(6) 4.5%
21st Century Communications Foreign Partners, L.P. 512,338(4),(6) 4.5%
Sandler Investment Partners, L.P. 512,338(4),(6) 4.5%
Sandler Capital Management 512,338(4),(6) 4.5%
ARH Corp. 512,338(4),(6) 4.5%
ALCR Corp. 512,338(4),(6) 4.5%
MJDM Corp. 512,338(4),(6) 4.5%
Four JK Corp. 512,338(4),(6) 4.5%
SERF Corp. 512,338(4),(6) 4.5%
TERPSI Corp. 512,338(4),(6) 4.5%
</TABLE>
- --------
4 The reporting person disclaims beneficial ownership of these securities
except to the extent of his/her/its equity interest therein.
5 Includes 197,230 shares of Common Stock owned by Wheatley II, 71,284 shares
issuable upon the exercise of the 1996 Warrants owned by Wheatley II,
38,426 shares issuable upon the exercise of the Series C Warrants owned by
Wheatley II, and 5,975 shares issuable upon the exercise of the Additional
Warrants owned by Wheatley II.
6 Includes 241,684 shares issuable upon the exercise of the 1996 Warrants and
105,727 shares issuable upon the exercise of the Series C Warrants owned by
21st Century. Includes 82,259 shares issuable upon the exercise of the 1996
Warrants and 35,965 shares issuable upon the exercise of the Series C
Warrants owned by T-E. Includes 32,477 shares issuable upon the exercise of
the 1996 Warrants and 14,226 shares issuable upon the exercise of the
Series C Warrants owned by Foreign.
7 Includes 11,880 shares of Common Stock owned by Irwin Lieber and 2,376
shares issuable upon the exercise of the Additional Warrants owned by Irwin
Lieber.
8 Includes 11,880 shares of Common Stock owned by Woodland and 2,376 shares
issuable upon the exercise of the Additional Warrants owned by Woodland.
9 Includes 23,760 shares of Common Stock owned by Barry Fingerhut, 10,692
shares issuable upon the exercise of currently exercisable non-qualified
stock options owned by Mr. Fingerhut, and 4,752 shares issuable upon the
exercise of the Additional Warrants owned by Mr. Fingerhut.
- 36 of 50 -
<PAGE>
Shares of Common Percentage of Shares
Stock Beneficially of Common Stock
Name Owned (2) Beneficially Owned (2)
- ---- ---------------------- ----------------------
JIRAKAL Corp. 512,338(4),(6) 4.5%
Infomedia Associates, Ltd. 512,338(4),(6) 4.5%
Harvey Sandler 512,338(4),(6) 4.5%
Andrew Sandler 512,338(4),(6) 4.5%
Michael J. Marocco 512,338(4),(6) 4.5%
John Kornreich 512,338(4),(6) 4.5%
Douglas Schimmel 512,338(4),(6) 4.5%
Hannah Stone 512,338(4),(6) 4.5%
David Lee 512,338(4),(6) 4.5%
Woodland Partners 11,880(8) 0.1%
Marilyn Rubenstein 11,880(4),(8) 0.1%
Edward Grinacoff 512,338(4),(6) 4.5%
MEDG Corp. 512,338(4),(6) 4.5%
(b) Wheatley II has sole power to vote and to dispose of 312,915 shares of
Common Stock (including 71,284 shares issuable upon the exercise of the 1996
Warrants, 38,426 shares issuable upon the exercise of the Series C Warrants and
5,975 shares issuable upon the exercise of the Additional Warrants),
representing approximately 2.8% of the outstanding shares of Common Stock.
By virtue of being a general partner of Wheatley II, Applewood Capital may
be deemed to have shared power to vote and to dispose of 312,915 shares of
Common Stock (including 71,284 shares issuable upon the exercise of the 1996
Warrants, 38,426 shares issuable upon the exercise of the Series C Warrants and
5,975 shares issuable upon the exercise of the Additional Warrants),
representing approximately 2.8% of the outstanding shares of Common Stock.
By virtue of being a general partner of Wheatley II and Woodland, and a
shareholder, officer and director of Infomedia, Barry Rubenstein may be deemed
to have shared power to vote and to dispose of 839,509 shares of Common Stock
(including 427,704 shares issuable upon the exercise of the 1996 Warrants,
194,344 shares issuable upon the exercise of the Series C Warrants and 8,351
shares issuable upon the exercise of the Additional Warrants), representing
approximately 7.3% of the outstanding shares of Common Stock.
Irwin Lieber has sole power to vote and to dispose of 14,256 shares of
Common Stock (including 2,376 shares issuable upon the exercise of the
Additional Warrants), representing approximately 0.1% of the outstanding shares
of Common Stock. By virtue of being a general partner Wheatley II, and a
shareholder, officer and director of Infomedia, Irwin Lieber may be deemed to
have shared power to vote and to dispose of 825,253 shares of Common Stock
(including
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427,704 shares issuable upon the exercise of the 1996 Warrants, 194,344 shares
issuable upon the exercise of the Series C Warrants and 5,975 shares issuable
upon the exercise of the Additional Warrants), representing approximately 7.2%
of the outstanding shares of Common Stock.
Barry Fingerhut has sole power to vote and to dispose of 39,204 shares of
Common Stock (including 10,692 shares issuable upon the exercise of
non-qualified stock options and 4,752 shares issuable upon the exercise of the
Additional Warrants), representing approximately 0.4% of the outstanding shares
of Common Stock. By virtue of being a general partner of Wheatley II, and a
shareholder, officer and director of Infomedia, Barry Fingerhut may be deemed to
have shared power to vote and to dispose of 825,253 shares of Common Stock
(including 427,704 shares issuable upon the exercise of the 1996 Warrants,
194,344 shares issuable upon the exercise of the Series C Warrants and 5,975
shares issuable upon the exercise of the Additional Warrants), representing
approximately 7.2% of the outstanding shares of Common Stock.
By virtue of being a general partner of Wheatley II, Seth Lieber may be
deemed to have shared power to vote and to dispose of 312,915 shares of Common
Stock (including 71,284 shares issuable upon the exercise of the 1996 Warrants,
38,426 shares issuable upon the exercise of the Series C Warrants and 5,975
shares issuable upon the exercise of the Additional Warrants), representing
approximately 2.8% of the outstanding shares of Common Stock.
By virtue of being a general partner of Wheatley II, Jonathan Lieber may be
deemed to have shared power to vote and to dispose of 312,915 shares of Common
Stock (including 71,284 shares issuable upon the exercise of the 1996 Warrants,
38,426 shares issuable upon the exercise of the Series C Warrants and 5,975
shares issuable upon the exercise of the Additional Warrants), representing
approximately 2.8% of the outstanding shares of Common Stock.
21st Century has sole power to vote and to dispose of 347,411 shares of
Common Stock (consisting of 241,684 shares issuable upon the exercise of the
1996 Warrants and 105,727 shares issuable upon the exercise of the Series C
Warrants), representing approximately 3.1% of the outstanding shares of Common
Stock. 21st Century may be deemed to have shared power to vote and to dispose of
164,927 shares of Common Stock (consisting of 114,736 shares issuable upon the
exercise of the 1996 Warrants and 50,191 shares issuable upon the exercise of
the Series C Warrants), representing approximately 1.5% of the outstanding
shares of Common Stock.
T-E has sole power to vote and to dispose of 118,224 shares of Common Stock
(consisting of 82,259 shares issuable upon the exercise of the 1996 Warrants and
35,965 shares issuable upon the exercise of the Series C Warrants), representing
approximately 1.1% of the outstanding shares of Common Stock. T-E may be deemed
to have shared power to vote and to dispose of 394,114 shares of Common Stock
(consisting of 274,161 shares issuable upon the exercise of the 1996 Warrants
and 119,953 shares issuable upon the exercise of the Series C Warrants),
representing approximately 3.5% of the outstanding shares of Common Stock.
Foreign has sole power to vote and to dispose of 46,703 shares of Common
Stock (consisting of 32,477 shares issuable upon the exercise of the 1996
Warrants and 14,226 shares issuable upon the exercise of the Series C Warrants),
representing approximately 0.4% of the outstanding shares of Common Stock.
Foreign may be deemed to have shared power to vote and to dispose of 465,635
shares of Common Stock (consisting of 323,943 shares issuable upon the
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exercise of the 1996 Warrants and 141,692 shares issuable upon the exercise of
the Series C Warrants), representing approximately 4.1% of the outstanding
shares of Common Stock.
By virtue of being a general partner of 21st Century, T-E and Foreign,
Sandler Investment Partners may be deemed to have shared power to vote and to
dispose of 512,338 shares of Common Stock (consisting of 356,420 shares issuable
upon the exercise of the 1996 Warrants and 155,918 shares issuable upon the
exercise of the Series C Warrants), representing approximately 4.5% of the
outstanding shares of Common Stock.
By virtue of being a general partner of Sandler Investment Partners,
Sandler Capital Management may be deemed to have shared power to vote and to
dispose of 512,338 shares of Common Stock (consisting of 356,420 shares issuable
upon the exercise of the 1996 Warrants and 155,918 shares issuable upon the
exercise of the Series C Warrants), representing approximately 4.5% of the
outstanding shares of Common Stock.
By virtue of being the sole shareholder of ARH Corp., Harvey Sandler may be
deemed to have shared power to vote and to dispose of 512,338 shares of Common
Stock (consisting of 356,420 shares issuable upon the exercise of the 1996
Warrants and 155,918 shares issuable upon the exercise of the Series C
Warrants), representing approximately 4.5% of the outstanding shares of Common
Stock.
By virtue of being the sole shareholder of ALCR Corp., Andrew Sandler may
be deemed to have shared power to vote and to dispose of 512,338 shares of
Common Stock (consisting 356,420 shares issuable upon the exercise of the 1996
Warrants and 155,918 shares issuable upon the exercise of the Series C
Warrants), representing approximately 4.5% of the outstanding shares of Common
Stock.
By virtue of being the sole shareholder of MJDM Corp., Michael Marocco may
be deemed to have shared power to vote and to dispose of 512,338 shares of
Common Stock (consisting of 356,420 shares issuable upon the exercise of the
1996 Warrants and 155,918 shares issuable upon the exercise of the Series C
Warrants), representing approximately 4.5% of the outstanding shares of Common
Stock.
By virtue of being the majority shareholder of Four JK Corp., John
Kornreich may be deemed to have shared power to vote and to dispose of 512,338
shares of Common Stock (consisting of 356,420 shares issuable upon the exercise
of the 1996 Warrants and 155,918 shares issuable upon the exercise of the Series
C Warrants), representing approximately 4.5% of the outstanding shares of Common
Stock.
By virtue of being the sole shareholder of SERF Corp., Douglas Schimmel may
be deemed to have shared power to vote and to dispose of 512,338 shares of
Common Stock (consisting of 356,420 shares issuable upon the exercise of the
1996 Warrants and 155,918 shares issuable upon the exercise of the Series C
Warrants), representing approximately 4.5% of the outstanding shares of Common
Stock.
By virtue of being the sole shareholder of TERPSI Corp., Hannah Stone may
be deemed to have shared power to vote and to dispose of 512,338 shares of
Common Stock (consisting of 356,420 shares issuable upon the exercise of the
1996 Warrants and 155,918 shares issuable upon
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the exercise of the Series C Warrants), representing approximately 4.5% of the
outstanding shares of Common Stock.
By virtue of being the sole shareholder of JIRAKAL Corp., David Lee may be
deemed to have shared power to vote and to dispose of 512,338 shares of Common
Stock (consisting of 356,420 shares issuable upon the exercise of the 1996
Warrants and 155,918 shares issuable upon the exercise of the Series C
Warrants), representing approximately 4.5% of the outstanding shares of Common
Stock.
By virtue of being a general partner of 21st Century, T-E and Foreign,
Infomedia may be deemed to have shared power to vote and to dispose of 512,338
shares of Common Stock (consisting of 356,420 shares issuable upon the exercise
of the 1996 Warrants and 155,918 shares issuable upon the exercise of the Series
C Warrants), representing approximately 4.5% of the outstanding shares of Common
Stock.
By virtue of being a general partner of Sandler Capital Management, ARH
Corp. may be deemed to have shared power to vote and to dispose of 512,338
shares of Common Stock (consisting of 356,420 shares issuable upon the exercise
of the 1996 Warrants and 155,918 shares issuable upon the exercise of the Series
C Warrants), representing approximately 4.5% of the outstanding shares of Common
Stock.
By virtue of being a general partner of Sandler Capital Management, ALCR
Corp. may be deemed to have shared power to vote and to dispose of 512,338
shares of Common Stock (consisting of 356,420 shares issuable upon the exercise
of the 1996 Warrants and 155,918 shares issuable upon the exercise of the Series
C Warrants), representing approximately 4.5% of the outstanding shares of Common
Stock.
By virtue of being a general partner of Sandler Capital Management, MJDM
Corp. may be deemed to have shared power to vote and to dispose of 512,338
shares of Common Stock (consisting of 356,420 shares issuable upon the exercise
of the 1996 Warrants and 155,918 shares issuable upon the exercise of the Series
C Warrants), representing approximately 4.5% of the outstanding shares of Common
Stock.
By virtue of being a general partner of Sandler Capital Management, Four JK
Corp. may be deemed to have shared power to vote and to dispose of 512,338
shares of Common Stock (consisting of 356,420 shares issuable upon the exercise
of the 1996 Warrants and 155,918 shares issuable upon the exercise of the Series
C Warrants), representing approximately 4.5% of the outstanding shares of Common
Stock.
By virtue of being a general partner of Sandler Capital Management, SERF
Corp. may be deemed to have shared power to vote and to dispose of 512,338
shares of Common Stock (consisting of 356,420 shares issuable upon the exercise
of the 1996 Warrants and 155,918 shares issuable upon the exercise of the Series
C Warrants), representing approximately 4.5% of the outstanding shares of Common
Stock.
By virtue of being a general partner of Sandler Capital Management, TERPSI
Corp. may be deemed to have shared power to vote and to dispose of 512,338
shares of Common Stock (consisting of 356,420 shares issuable upon the exercise
of the 1996 Warrants and 155,918 shares
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<PAGE>
issuable upon the exercise of the Series C Warrants), representing approximately
4.5% of the outstanding shares of Common Stock.
By virtue of being a general partner of Sandler Capital Management, JIRAKAL
Corp. may be deemed to have shared power to vote and to dispose of 512,338
shares of Common Stock (consisting of 356,420 shares issuable upon the exercise
of the 1996 Warrants and 155,918 shares issuable upon the exercise of the Series
C Warrants), representing approximately 4.5% of the outstanding shares of Common
Stock.
Woodland Partners has sole power to vote and to dispose of 14,256 shares of
Common Stock (including 2,376 shares issuable upon the exercise of the
Additional Warrants), representing approximately 0.1% of the outstanding shares
of Common Stock.
Marilyn Rubenstein, by virtue of being a general partner of Woodland, may
be deemed to have shared power to vote and to dispose of 14,256 shares of Common
Stock (including 2,376 shares issuable upon the exercise of the Additional
Warrants), representing approximately 0.1% of the outstanding shares of Common
Stock.
By virtue of being the sole shareholder of MEDG Corp., Edward Grinacoff may
be deemed to have shared power to vote and to dispose of 512,338 shares of
Common Stock (consisting of 356,420 shares issuable upon the exercise of the
1996 Warrants and 155,918 shares issuable upon the exercise of the Series C
Warrants), representing approximately 4.5% of the outstanding shares of Common
Stock.
By virtue of being a general partner of Sandler Capital Management, MEDG
Corp. may be deemed to have shared power to vote and to dispose of 512,338
shares of Common Stock (consisting of 356,420 shares issuable upon the exercise
of the 1996 Warrants and 155,918 shares issuable upon the exercise of the Series
C Warrants), representing approximately 4.5% of the outstanding shares of Common
Stock.
(c) The following is a description of all transactions in shares of Common
Stock of the Issuer by the reporting persons identified in Item 2 of this
Schedule 13D effected from January 8, 2000 through March 29, 2000, inclusive:
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NUMBER
PURCHASE OF SHARES PURCHASE
NAME OR PURCHASED OR
OF SHAREHOLDER SALE DATE OR (SOLD) SALES PRICE
- -------------- --------- --------- -----------
21ST Century 3/8/00 (49,244) $22.00
Communications 3/9/00 (73,874) $22.00
Partners, L.P. 3/10/00 (22,383) $22.03125
3/13/00 (18,592) $22.71875
3/14/00 (26,784) $22.09375
3/24/00 (12,750) $18.9375
3/27/00 (23,400) $18.70
3/28/00 (7,972) $18.50
3/29/00 (29,309) $18.0625
21st Century 3/8/00 (16,198) $22.00
Communications T-E 3/9/00 (25,126) $22.00
Partners, L.P. 3/10/00 (7,617) $22.03125
3/13/00 (6,408) $22.71875
3/14/00 (9,216) $22.09375
3/24/00 (4,250) $18.9375
3/27/00 (7,600) $18.70
3/28/00 (2,728) $18.50
3/29/00 (10,757) $18.0625
21st Century 3/7/00 (35,000) $22.1875
Communications Foreign 3/8/00 (558) $22.00
Partners, L.P.
All sales of shares of Common Stock were effected in open market
transactions in the over-the-counter market.
(d) No other person has the right to receive or the power to direct the
receipt of dividends from, or the proceeds from the sale of such securities.
(e) Effective as of March 27, 2000, 21st Century Communications Partners,
L.P., 21st Century Communications T-E Partners, L.P., 21st Century
Communications Foreign Partners, L.P., Sandler Investment Partners, L.P.,
Sandler Capital Management, Infomedia Associates, Ltd., ARH Corp., ALCR Corp.,
MJDM Corp., Four JK Corp., SERF Corp., TERPSI Corp., JIRAKAL Corp., MEDG Corp.,
Harvey Sandler, John Kornreich, Michael Marocco, Andrew Sandler, Douglas
Schimmel, Hannah Stone, David Lee and Edward Grinacoff, ceased to be the
beneficial owners of more than five (5%) percent of the Common Stock of the
Issuer.
ITEM 7. Materials to be Filed as Exhibits
Exhibit A. Agreement among the reporting persons, effective as of March 9,
2000, by which they have agreed to file this Schedule 13D and all necessary
amendments, as required by Rule 13d-1.
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SIGNATURE
After reasonable inquiry and to the best of his/her/its knowledge and
belief, each of the undersigned hereby certifies that the information set forth
in this Schedule is true, complete and correct.
Dated: April 17, 2000
WHEATLEY PARTNERS, II, L.P.
By: /s/ Irwin Lieber
--------------------------------------------
Irwin Lieber, a General Partner
APPLEWOOD CAPITAL CORP.
By: /s/ Barry Rubenstein
--------------------------------------------
Barry Rubenstein, President
/s/ Barry Rubenstein
--------------------------------------------
Barry Rubenstein
/s/ Irwin Liber
--------------------------------------------
Irwin Lieber
/s/ Barry Fingerhut
--------------------------------------------
Barry Fingerhut
/s/ Seth Lieber
--------------------------------------------
Seth Lieber
/s/ Jonathan Lieber
--------------------------------------------
Jonathan Lieber
INFOMEDIA ASSOCIATES, LTD.
By: /s/ Irwin Lieber
--------------------------------------------
Irwin Lieber, Secretary and Treasurer
WOODLAND PARTNERS
By: /s/ Barry Rubenstein
--------------------------------------------
Barry Rubenstein, a General Partner
/s/ Marilyn Rubenstein
--------------------------------------------
Marilyn Rubenstein
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<PAGE>
21ST CENTURY COMMUNICATIONS
PARTNERS, L.P.
By: Sandler Investment Partners, L.P.,
General Partner
By: Sandler Capital Management,
General Partner
By: ARH Corp., a General Partner
By: /s/Edward Grinacoff
----------------------------------------
Name: Edward Grinacoff
Title: Secretary and Treasurer
21ST CENTURY COMMUNICATIONS T-E
PARTNERS, L.P.
By: Sandler Investment Partners, L.P.,
General Partner
By: Sandler Capital Management,
General Partner
By: ARH Corp., a General Partner
By: /s/Edward Grinacoff
----------------------------------------
Name: Edward Grinacoff
Title: Secretary and Treasurer
21ST CENTURY COMMUNICATIONS
FOREIGN PARTNERS, L.P.
By: Sandler Investment Partners, L.P.,
General Partner
By: Sandler Capital Management,
General Partner
By: ARH Corp., a General Partner
By: /s/Edward Grinacoff
----------------------------------------
Name: Edward Grinacoff
Title: Secretary and Treasurer
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<PAGE>
SANDLER INVESTMENT PARTNERS, L.P.
By: Sandler Capital Management,
General Partner
By: ARH Corp., a General Partner
By: /s/Edward Grinacoff
----------------------------------------
Name: Edward Grinacoff
Title: Secretary and Treasurer
SANDLER CAPITAL MANAGEMENT
By: ARH Corp., a General Partner
By: /s/Edward Grinacoff
----------------------------------------
Name: Edward Grinacoff
Title: Secretary and Treasurer
ARH CORP.
By: /s/Edward Grinacoff
----------------------------------------
Name: Edward Grinacoff
Title: Secretary and Treasurer
ALCR CORP.
By: /s/ Moira Mitchell
----------------------------------------
Name: Moira Mitchell
Title: Secretary and Treasurer
MJDM CORP.
By: /s/Edward Grinacoff
----------------------------------------
Name: Edward Grinacoff
Title: Secretary and Treasurer
FOUR JK CORP.
By: /s/Moira Mitchell
----------------------------------------
Name: Moira Mitchell
Title: Vice President and Secretary
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<PAGE>
SERF CORP.
By: /s/Moira Mitchell
---------------------------------------
Name: Moira Mitchell
Title: Secretary and Treasurer
TERPSI CORP.
By: /s/Moira Mitchell
---------------------------------------
Name: Moira Mitchell
Title: Secretary and Treasurer
JIRAKAL CORP.
By: /s/Moira Mitchell
---------------------------------------
Name: Moira Mitchell
Title: Secretary and Treasurer
MEDG CORP.
By: /s/Moira Mitchell
---------------------------------------
Name: Moira Mitchell
Title: President and Treasurer
/s/ Harvey Sandler
--------------------------------------------
Harvey Sandler
/s/ Andrew Sandler
--------------------------------------------
Andrew Sandler
/s/ Michael Marocco
--------------------------------------------
Michael Marocco
/s/ John Kornreich
--------------------------------------------
John Kornreich
/s/ Douglas Schimmel
--------------------------------------------
Douglas Schimmel
/s/ Hannah Stone
--------------------------------------------
Hannah Stone
/s/ David Lee
--------------------------------------------
David Lee
/s/ Edward Grinacoff
--------------------------------------------
Edward Grinacoff
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL
CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).
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<PAGE>
JOINT FILING AGREEMENT Exhibit A
In accordance with Rule 13d-1under 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 13D (including amendments thereto) with respect
to the Common Stock, par value $.0001 per share, of ONLINE RESOURCES &
COMMUNICATIONS CORPORATION and that this Agreement be filed as an Exhibit to
such statement on Schedule 13D.
IN WITNESS WHEREOF, the undersigned hereby execute this Agreement effective
as of the 9th day of March, 2000.
WHEATLEY PARTNERS II,L.P.
By: /s/ Irwin Lieber
--------------------------------------------
Irwin Lieber, a General Partner
APPLEWOOD CAPITAL CORP.
By: /s/ Barry Rubenstein
--------------------------------------------
Barry Rubenstein, President
/s/ Barry Rubenstein
--------------------------------------------
Barry Rubenstein
/s/ Irwin Liber
--------------------------------------------
Irwin Lieber
/s/ Barry Fingerhut
--------------------------------------------
Barry Fingerhut
/s/ Seth Lieber
--------------------------------------------
Seth Lieber
/s/ Jonathan Lieber
--------------------------------------------
Jonathan Lieber
INFOMEDIA ASSOCIATES, LTD.
By: /s/ Irwin Lieber
--------------------------------------------
Irwin Lieber, Secretary and Treasurer
WOODLAND PARTNERS
By: /s/ Barry Rubenstein
--------------------------------------------
Barry Rubenstein, a General Partner
/s/ Marilyn Rubenstein
--------------------------------------------
Marilyn Rubenstein
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<PAGE>
21ST CENTURY COMMUNICATIONS
PARTNERS, L.P.
By: Sandler Investment Partners, L.P.,
General Partner
By: Sandler Capital Management,
General Partner
By: ARH Corp., a General Partner
By: /s/ Edward Grinacoff
----------------------------------------
Name: Edward Grinacoff
Title: Secretary and Treasurer
21ST CENTURY COMMUNICATIONS T-E
PARTNERS, L.P.
By: Sandler Investment Partners, L.P.,
General Partner
By: Sandler Capital Management,
General Partner
By: ARH Corp., a General Partner
By: /s/ Edward Grinacoff
----------------------------------------
Name: Edward Grinacoff
Title: Secretary and Treasurer
21ST CENTURY COMMUNICATIONS
FOREIGN PARTNERS, L.P.
By: Sandler Investment Partners, L.P.,
General Partner
By: Sandler Capital Management,
General Partner
By: ARH Corp., a General Partner
By: /s/ Edward Grinacoff
----------------------------------------
Name: Edward Grinacoff
Title: Secretary and Treasurer
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<PAGE>
SANDLER INVESTMENT PARTNERS, L.P.
By: Sandler Capital Management,
General Partner
By: ARH Corp., a General Partner
By: /s/ Edward Grinacoff
----------------------------------------
Name: Edward Grinacoff
Title: Secretary and Treasurer
SANDLER CAPITAL MANAGEMENT
By: ARH Corp., a General Partner
By: /s/ Edward Grinacoff
----------------------------------------
Name: Edward Grinacoff
Title: Secretary and Treasurer
ARH CORP.
By: /s/ Edward Grinacoff
----------------------------------------
Name: Edward Grinacoff
Title: Secretary and Treasurer
ALCR CORP.
By: /s/ Moira Mitchell
----------------------------------------
Name: Moira Mitchell
Title: Secretary and Treasurer
MJDM CORP.
By: /s/ Edward Grinacoff
----------------------------------------
Name: Edward Grinacoff
Title: Secretary and Treasurer
FOUR JK CORP.
By: /s/ Moira Mitchell
----------------------------------------
Name: Moira Mitchell
Title: Secretary and Treasurer
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<PAGE>
SERF CORP.
By: /s/ Moira Mitchell
----------------------------------------
Name: Moira Mitchell
Title: Secretary and Treasurer
TERPSI CORP.
By: /s/ Moira Mitchell
----------------------------------------
Name: Moira Mitchell
Title: Secretary and Treasurer
JIRAKAL CORP.
By: /s/ Moira Mitchell
----------------------------------------
Name: Moira Mitchell
Title: Secretary and Treasurer
MEDG CORP.
By: /s/ Moira Mitchell
----------------------------------------
Name: Moira Mitchell
Title: President and Treasurer
/s/ Harvey Sandler
------------------------------------
Harvey Sandler
/s/ Andrew Sandler
------------------------------------
Andrew Sandler
/s/ Michael Marocco
------------------------------------
Michael Marocco
/s/ John Kornreich
------------------------------------
John Kornreich
/s/ Douglas Schimmel
------------------------------------
Douglas Schimmel
/s/ Hannah Stone
------------------------------------
Hannah Stone
/s/ David Lee
------------------------------------
David Lee
/s/ Edward Grinacoff
------------------------------------
Edward Grinacoff
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