UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)
Simione Central Holdings, Inc.
(Name of Issuer)
Common Stock, $0.001 Par Value
(Title of Class of Securities)
828654301
(CUSIP Number)
Marc R. Paul, Esq., Baker & McKenzie, 815 Connecticut Ave., N.W.,
Washington, DC 20006 (202) 452-7000
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
April 17, 2000
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(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box |_|.
Note: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1(a) for other parties to whom copies are
to be sent.
*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 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
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1 Name of Reporting Person: John E. Reed
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2 Check the Appropriate Box if a Member of a Group (a) |_|
(b) |X|
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3 SEC Use Only
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4 Source of Funds
00
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5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) |_|
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6 Citizenship or Place of Organization
United States
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7 Sole Voting Power
5,635 (1)
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8 Shared Voting Power
560,341 (1) (2)
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9 Sole Dispositive Power
5,635 (1)
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10 Shared Dispositive Power
560,341 (1) (2)
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11 Aggregate Amount Beneficially Owned by Each Reporting Person
565,976 (1) (2)
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12 Check Box if the Aggregate Amount in Row (11)
Excludes Certain Shares |X|
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13 Percent of Class Represented by Amount in Row (11)
14.7 percent
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14 Type of Reporting Person
IN
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SEE INSTRUCTIONS BEFORE FILLING OUT
(1) Shares have been adjusted to reflect a one-for-five reverse stock split
(the "Reverse Split") effective March 7, 2000.
(2) Excludes 2,267 shares of common stock which are held by Mr. Reed's wife
and 3,267 shares of common stock which are held by a family trust for
which he is not trustee, to which he disclaims ownership. Excludes
291,842 shares of common stock which are held by Mr. Reed as trustee
for various family trusts, but for which he disclaims beneficial
ownership. Includes 89,458 shares of common stock owned by Sterling
Realty Trust, a Massachusetts business trust of which Mr. Reed is the
trustee and of which he and a family trust are the beneficiaries.
Includes 470,883 shares of common stock held by family trusts for the
benefit of Mr. Reed. Does not include 400,000 shares issuable upon
exercise of a warrant (the "Warrant") to issued to Mestek, Inc.
("Mestek") in the merger of MCS, Inc. ("MCS") and Simione Central
Holdings, Inc. ("Simione"). Does not include approximately 378,295
shares issuable upon an option ("Mestek Option") issued to Mestek
in the MCS merger. The Mestek Option only vests as existing Simione
options, warrants or conversion rights are exercised. Mr. Reed
expressly disclaims beneficial ownership of all shares of Common Stock
underlying the Warrant and the Mestek Option.
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John E. Reed hereby amends his Schedule 13D as filed on March 17, 2000
(as amended the "Schedule 13D"), with respect to the Common Stock, par value
$.001 per share (the "Common Stock"), of Simione Central Holdings, Inc., a
Delaware corporation (the "Company").
Item 4. Purpose of Transaction
Item 4 of the Schedule 13D is amended by adding the following paragraph
to the disclosure contained therein:
Mr. Reed is formulating a plan to invest additional capital in the
Company. The purpose of the transaction would be to provide funds to meet the
capital needs of the Company. It is expected that these proposals, once
finalized, will involve the issuance of debt and/or equity securities by the
Company.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer
Item 6 of the Schedule 13D is amended by adding the following paragraph
thereto:
Mr. Reed is formulating a plan to invest additional capital in the
Company. The purpose of the transaction would be to provide funds to meet the
capital needs of the Company. It is expected that these proposals, once
finalized, will involve the issuance of debt and/or equity securities by the
Company.
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Signature.
After reasonable inquiry each of the undersigned certifies that to the
best of his knowledge and belief the information set forth in this statement is
true, complete and correct.
/s/ John E. Reed April 18, 2000
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John E. Reed Date
