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OMB Number: 3235-0145
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO.___)*
OBJECTSOFT CORPORATION
-------------------------------------------------
(Name of Issuer)
COMMON STOCK
-------------------------------------------------
(Title of Class of Securities)
674427 10 9
----------------------------
(CUSIP Number)
Check the following box if a fee is being paid with the statement [_]. (A fee is
not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
SEC 1745 (2-95)
Page 1 of 4 pages
<PAGE>
- --------------------------------------------------------------------------------
13G
CUSIP NO. 674427 10 9 PAGE 2 OF PAGES 4
- ----------------------- -----------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CYNDEL & COMPANY, INC.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
A shareholder of the reporting person is a 50% owner of
another corporation that has the right to acquire 45,500 (a) [_]
shares of Common Stock of the Issuer (b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
242,500
----------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY ----------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 242,500
WITH ----------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
242,500
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[_]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.0%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SEC 1745 (2-95)
Page 2 of 4 pages
<PAGE>
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13G
CUSIP NO. 674427 10 9 PAGE 3 OF PAGES 4
- ----------------------- -----------------
Item 1(a) Name of Issuer:
ObjectSoft Corporation
Item 1(b) Address of Issuer's Principal Executive Offices:
Continental Plaza III
433 Hackensack Avenue
Hackensack, NJ 07601
Item 2(a) Name of Person Filing:
Cyndel & Company, Inc.
Item 2(b) Address of Principal Business Office or, if none, Residence:
26 Ludlam Avenue
Bayville, New York 11709
Item 2(c) Place of Organization:
New York
Item 2(d) Title of Class of Securities:
Common Stock, $.0001 par value per share
Item 2(e) CUSIP Number:
674427 10 9
Item 3 If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b),
check whether the person filing is a:
(a) [X] Broker or dealer under Section 15 of the Act,
(b) [ ] Bank as defined in Section 3 (a) (6) of the Act,
(c) [ ] Insurance Company as defined in Section 3 (a) (19) of the
Act,
(d) [ ] Investment Company registered under Section 8 of the
Investment Company Act,
(e) [ ] Investment Adviser registered under Section 203 of the
Investment Advisers Act of 1940,
(f) [ ] Employee Benefit Plan, Pension Fund which is subject to the
provisions of the Employee Retirement Income Security Act of
1974 or Endowment Fund,
(g) [ ] Parent Holding Company, in accordance with Rule 13d-1 (b)
(ii) (G),
(h) [ ] Group, in accordance with Rule 13d-1 (b) (1) (ii) (H).
Item 4(a) Amount Beneficially Owned
As of December 31, 1996: 242,500 shares of which 20,000
shares of Common Stock may be acquired pursuant to an immediately
exercisable warrant.
Item 4(b) Percent of Class: 6.0%
SEC 1745 (2-95)
Page 3 of 4 pages
<PAGE>
- --------------------------------------------------------------------------------
13G
CUSIP NO. 674427 10 9 PAGE 4 OF PAGES 4
- ----------------------- -----------------
Item 4(c) Number of share as to which such person has:
(i) sole power to vote or to direct the vote: 242,500
(ii) shared power to vote or to direct the vote: 0
(iii) sole power to dispose or to direct the disposition
of: 242,500
(iv) shared power to dispose or to direct the disposition
of: 0
Item 5 Ownership of Five Percent or Less of a Class:
Inapplicable.
Item 6 Ownership of More than Five Percent on Behalf of Another Person.
A shareholder of the reporting person, Steven Bayern, has
the power, together with other persons, to direct the sale
or other disposition of the dividends and securities owned
by the reporting person. Mr. Bayern has filed a Schedule
13D with respect to his beneficial ownership of securities
of the Issuer.
Item 7 Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company.
Inapplicable.
Item 8 Identification and Classification of Members of the Group:
Inapplicable
Item 9 Notice of Dissolution of Group:
Inapplicable.
Item 10 Certification:
Inapplicable.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
February 6, 1997
--------------------------
Date
Cyndel & Company, Inc.
By: /s/ Patrick Kolenik
--------------------------
Name/Title
Patrick Kolenik, President
SEC 1745 (2-95)
Page 4 of 4 pages
