SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
-----------------
SCHEDULE 13D
(Rule 13d-101)
Under the Securities Exchange Act of 1934
(AMENDMENT NO. 4)*
SOURCE MEDIA, INC. (f/k/a HB Communications Acquisition Corp.)
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(Name of Issuer)
COMMON STOCK $0.001 PAR VALUE
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(Title of Class of Securities)
404091100
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(CUSIP Number)
Mr. Edward Grinacoff Stephen A. Cohen, Esq.
21st Century Communications Partners, Morrison Cohen Singer & Weinstein, LLP
L.P. 750 Lexington Avenue
767 Fifth Avenue, 45th Floor New York, New York 10022
New York, New York 10153 Telephone (212) 735-8600
Telephone (212) 754-8100
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
August 15, 1996
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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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<PAGE>
SCHEDULE 13D
CUSIP No. 404091100
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1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
21st Century Communications Partners, L.P.
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2 Check the Appropriate Box If a Member of a Group* a. |_|
b. |_|
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3 SEC Use Only
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4 Source of Funds*
WC
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5 Check Box If Disclosure of Legal Proceedings Is Required Pursuant to Item
2(d) or 2(e) |_|
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6 Citizenship or Place of Organization
Delaware
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7 Sole Voting Power
Number of
Shares 929,290 shares 8.8%
Beneficially --------------------------------------------------------
Owned By 8 Shared Voting Power
Each
Reporting 441,288 shares 4.3%
Person --------------------------------------------------------
With 9 Sole Dispositive Power
929,290 shares 8.8%
--------------------------------------------------------
10 Shared Dispositive Power
441,288 shares 4.3%
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11 Aggregate Amount Beneficially Owned by Each Reporting Person
1,370,578 shares
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12 Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares* |_|
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13 Percent of Class Represented By Amount in Row (11)
12.6%
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14 Type of Reporting Person*
PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 2 of 17 -
<PAGE>
SCHEDULE 13D
CUSIP No. 404091100
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1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
21st Century Communications T-E Partners, L.P.
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2 Check the Appropriate Box If a Member of a Group* a. |_|
b. |_|
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3 SEC Use Only
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4 Source of Funds*
WC
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5 Check Box If Disclosure of Legal Proceedings Is Required Pursuant to Item
2(d) or 2(e) |_|
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6 Citizenship or Place of Organization
Delaware
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7 Sole Voting Power
Number of
Shares 316,146 shares 3.1%
Beneficially --------------------------------------------------------
Owned By 8 Shared Voting Power
Each
Reporting 1,054,432 shares 9.9%
Person --------------------------------------------------------
With 9 Sole Dispositive Power
316,146 shares 3.1%
--------------------------------------------------------
10 Shared Dispositive Power
1,054,432 shares 9.9%
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11 Aggregate Amount Beneficially Owned by Each Reporting Person
1,370,578 shares
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12 Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
13 Percent of Class Represented By Amount in Row (11)
12.6%
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14 Type of Reporting Person*
PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 3 of 17 -
<PAGE>
SCHEDULE 13D
CUSIP No. 404091100
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1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
21st Century Communications Foreign Partners, L.P.
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2 Check the Appropriate Box If a Member of a Group* a. |_|
b. |_|
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3 SEC Use Only
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4 Source of Funds*
WC
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5 Check Box If Disclosure of Legal Proceedings Is Required Pursuant to Item
2(d) or 2(e) |_|
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6 Citizenship or Place of Organization
Delaware
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7 Sole Voting Power
Number of
Shares 125,142 shares 1.2%
Beneficially --------------------------------------------------------
Owned By 8 Shared Voting Power
Each
Reporting 1,245,436 shares 11.5%
Person --------------------------------------------------------
With 9 Sole Dispositive Power
125,142 shares 1.2%
--------------------------------------------------------
10 Shared Dispositive Power
1,245,436 shares 11.5%
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11 Aggregate Amount Beneficially Owned by Each Reporting Person
1,370,578 shares
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12 Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
13 Percent of Class Represented By Amount in Row (11)
12.6%
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14 Type of Reporting Person*
PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 4 of 17 -
<PAGE>
SCHEDULE 13D
CUSIP No. 404091100
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1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Michael J. Marocco
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2 Check the Appropriate Box If a Member of a Group* a. |_|
b. |_|
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3 SEC Use Only
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4 Source of Funds*
PF, OO
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5 Check Box If Disclosure of Legal Proceedings Is Required Pursuant to Item
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
Number of
Shares 21,788 shares 0.2%
Beneficially --------------------------------------------------------
Owned By 8 Shared Voting Power
Each
Reporting 1,370,578 shares 12.6%
Person --------------------------------------------------------
With 9 Sole Dispositive Power
21,788 shares 0.2%
--------------------------------------------------------
10 Shared Dispositive Power
1,370,578 shares 12.6%
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11 Aggregate Amount Beneficially Owned by Each Reporting Person
1,392,366 shares
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12 Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
13 Percent of Class Represented By Amount in Row (11)
12.8%
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14 Type of Reporting Person*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 5 of 17 -
<PAGE>
SCHEDULE 13D
CUSIP No. 404091100
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1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Barry Lewis
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2 Check the Appropriate Box If a Member of a Group* a. |_|
b. |_|
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3 SEC Use Only
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4 Source of Funds*
PF, OO
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5 Check Box If Disclosure of Legal Proceedings Is Required Pursuant to Item
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
Number of
Shares 21,788 shares 0.2%
Beneficially --------------------------------------------------------
Owned By 8 Shared Voting Power
Each
Reporting 1,370,578 shares 12.6%
Person --------------------------------------------------------
With 9 Sole Dispositive Power
21,788 shares 0.2%
--------------------------------------------------------
10 Shared Dispositive Power
1,370,578 shares 12.6%
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
1,392,366 shares
- --------------------------------------------------------------------------------
12 Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
13 Percent of Class Represented By Amount in Row (11)
12.8%
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14 Type of Reporting Person*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 6 of 17 -
<PAGE>
SCHEDULE 13D
CUSIP No. 404091100
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1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
John Kornreich
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2 Check the Appropriate Box If a Member of a Group* a. |_|
b. |_|
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3 SEC Use Only
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4 Source of Funds*
PF, OO
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5 Check Box If Disclosure of Legal Proceedings Is Required Pursuant to Item
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
Number of
Shares 21,788 shares 0.2%
Beneficially --------------------------------------------------------
Owned By 8 Shared Voting Power
Each
Reporting 1,370,578 shares 12.6%
Person --------------------------------------------------------
With 9 Sole Dispositive Power
21,788 shares 0.2%
--------------------------------------------------------
10 Shared Dispositive Power
1,370,578 shares 12.6%
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
1,392,366 shares
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12 Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
13 Percent of Class Represented By Amount in Row (11)
12.8%
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14 Type of Reporting Person*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 7 of 17 -
<PAGE>
SCHEDULE 13D
CUSIP No. 404091100
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1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Harvey Sandler
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2 Check the Appropriate Box If a Member of a Group* a. |_|
b. |_|
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3 SEC Use Only
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4 Source of Funds*
PF, OO
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5 Check Box If Disclosure of Legal Proceedings Is Required Pursuant to Item
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
Number of
Shares 38,129 shares 0.4%
Beneficially --------------------------------------------------------
Owned By 8 Shared Voting Power
Each
Reporting 1,370,578 shares 12.6%
Person --------------------------------------------------------
With 9 Sole Dispositive Power
38,129 shares 0.4%
--------------------------------------------------------
10 Shared Dispositive Power
1,370,578 shares 12.6%
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
1,408,707 shares
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12 Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
13 Percent of Class Represented By Amount in Row (11)
12.9%
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14 Type of Reporting Person*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 8 of 17 -
<PAGE>
SCHEDULE 13D
CUSIP No. 404091100
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1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Andrew Sandler
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2 Check the Appropriate Box If a Member of a Group* a. |_|
b. |_|
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3 SEC Use Only
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4 Source of Funds*
PF, OO
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5 Check Box If Disclosure of Legal Proceedings Is Required Pursuant to Item
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
Number of
Shares 5,447 shares 0.1%
Beneficially --------------------------------------------------------
Owned By 8 Shared Voting Power
Each
Reporting 1,370,578 shares 12.6%
Person --------------------------------------------------------
With 9 Sole Dispositive Power
5,447 shares 0.1%
--------------------------------------------------------
10 Shared Dispositive Power
1,370,578 shares 12.6%
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
1,376,025 shares
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12 Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
13 Percent of Class Represented By Amount in Row (11)
12.6%
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14 Type of Reporting Person*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 9 of 17 -
<PAGE>
SCHEDULE 13D
CUSIP No. 404091100
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1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Barry Rubenstein
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2 Check the Appropriate Box If a Member of a Group* a. |_|
b. |_|
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3 SEC Use Only
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4 Source of Funds*
PF, OO
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5 Check Box If Disclosure of Legal Proceedings Is Required Pursuant to Item
2(d) or 2(e) |_|
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6 Citizenship or Place of Organization
United States
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of
Shares 39,814 shares 0.4%
Beneficially --------------------------------------------------------
Owned By 8 Shared Voting Power
Each
Reporting 1,656,828 shares 14.9%
Person --------------------------------------------------------
With 9 Sole Dispositive Power
39,814 shares 0.4%
--------------------------------------------------------
10 Shared Dispositive Power
1,656,828 shares 14.9%
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11 Aggregate Amount Beneficially Owned by Each Reporting Person
1,696,642 shares
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12 Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
13 Percent of Class Represented By Amount in Row (11)
15.2%
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14 Type of Reporting Person*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 10 of 17 -
<PAGE>
SCHEDULE 13D
CUSIP No. 404091100
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1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Barry Fingerhut
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2 Check the Appropriate Box If a Member of a Group* a. |_|
b. |_|
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3 SEC Use Only
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4 Source of Funds*
PF, OO
- --------------------------------------------------------------------------------
5 Check Box If Disclosure of Legal Proceedings Is Required Pursuant to Item
2(d) or 2(e) |_|
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization
United States
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of
Shares 38,814 shares 0.4%
Beneficially --------------------------------------------------------
Owned By 8 Shared Voting Power
Each
Reporting 1,420,578 shares 13.1%
Person --------------------------------------------------------
With 9 Sole Dispositive Power
38,814 shares 0.4%
--------------------------------------------------------
10 Shared Dispositive Power
1,420,578 shares 13.1%
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
1,459,392 shares
- --------------------------------------------------------------------------------
12 Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
13 Percent of Class Represented By Amount in Row (11)
13.4%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 11 of 17 -
<PAGE>
SCHEDULE 13D
CUSIP No. 404091100
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1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Irwin Lieber
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2 Check the Appropriate Box If a Member of a Group* a. |_|
b. |_|
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3 SEC Use Only
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4 Source of Funds*
PF, OO
- --------------------------------------------------------------------------------
5 Check Box If Disclosure of Legal Proceedings Is Required Pursuant to Item
2(d) or 2(e) |_|
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization
United States
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of
Shares 38,814 shares 0.4%
Beneficially --------------------------------------------------------
Owned By 8 Shared Voting Power
Each
Reporting 1,420,578 shares 13.1%
Person --------------------------------------------------------
With 9 Sole Dispositive Power
38,814 shares 0.4%
--------------------------------------------------------
10 Shared Dispositive Power
1,420,578 shares 13.1%
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
1,459,392 shares
- --------------------------------------------------------------------------------
12 Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
13 Percent of Class Represented By Amount in Row (11)
13.4%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 12 of 17 -
<PAGE>
This statement, dated August 15, 1996, constitutes Amendment No. 4 to the
Schedule 13D, dated March 24, 1995, regarding the reporting persons' ownership
of certain securities of Source Media, Inc. (formerly known as HB Communications
Acquisition Corp.) (the "Issuer").
The 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. 4 to the Schedule is filed in accordance with Rule
13d-2 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"),
by the reporting persons. Pursuant to Rule 13d-2, it shall state the information
which has materially changed since the filing of the Schedule.
ITEM 2. Identity and Background
4. (a) Michael J. Marocco, director, officer and sole shareholder of MJM
Media Corp., a member of the Advisory Committee of the Issuer and a director of
the Issuer.
ITEM 3. Source and Amount of Funds or Other Consideration.
On August 15, 1996, each of the reporting persons assigned their
respective 1996 Rights and 1997 Rights to GKN Securities Corp. and/or Lyon
Securities, Inc.
ITEM 5. Interests in Securities of the Issuer.
(a) The following list sets forth the aggregate number and percentage
(based on 9,946,162 shares of Common Stock outstanding as reported in the
Issuer's Form 10-Q for the quarter ended June 30, 1996) of outstanding shares of
Common Stock owned beneficially by each reporting person named in Item 2, as of
September 1, 1996:
Shares of Percentage of Shares
Common Stock of Common Stock
Name Beneficially Owned(1) Beneficially Owned(1)
- ---- --------------------- ---------------------
21st Century Communications 1,370,578(2) 12.6%
Partners, L.P.
- ----------
(1) Includes shares of Common Stock issuable upon the exercise of the
Warrants.
(2) Includes 293,341 shares of Common Stock and 635,949 and shares of Common
Stock issuable upon the exercise of the Warrants. 21st Century disclaims
beneficial ownership of 316,146 shares of Common Stock owned by T-E and
125,142 shares of Common Stock owned by Foreign.
- 13 of 17 -
<PAGE>
21st Century Communications T-E 1,370,578(3) 12.6%
Partners, L.P.
21st Century Communications Foreign 1,370,578(4) 12.6%
Partners, L.P.
Michael J. Marocco 1,392,366(5) 12.8%
Barry Lewis 1,392,366(5) 12.8%
John Kornreich 1,392,366(5) 12.8%
Harvey Sandler 1,408,707(5) 12.7%
Andrew Sandler 1,376,025(5) 12.7%
Barry Rubenstein 1,696,642(5),(6),(7) 15.3%
Irwin Lieber 1,459,392(5),(6) 13.4%
Barry Fingerhut 1,459,392(5),(6) 13.4%
(b) By virtue of being the sole shareholder, officer and director of
MJM Media Corp., Michael J. Marocco may be deemed to have shared power to vote
and to dispose of 1,370,578 shares of Common Stock, representing approximately
12.6% of the outstanding Common Stock. Michael J. Marocco has sole power to vote
and to dispose of 21,788 shares of Common Stock (which includes shares of Common
Stock issuable upon the exercise of the Warrants).
By virtue of being the majority shareholder and director of EMEBE
Corp., Barry Lewis may be deemed to have shared power to vote and to dispose of
1,370,578 shares of Common Stock, representing approximately 12.6% of the
outstanding Common Stock. Barry Lewis has sole power to vote and to dispose of
21,788 shares of Common Stock (which includes shares of Common Stock issuable
upon the exercise of the Warrants).
By virtue of being the majority shareholder and director of Four JK
Corp., John Kornreich may be deemed to have shared power to vote and to dispose
of 1,370,578 shares of Common Stock, representing approximately 12.6% of the
outstanding Common Stock. John Kornreich has sole power to vote and to dispose
of 21,788 shares of Common Stock (which includes shares of Common Stock issuable
upon the exercise of the Warrants).
- ----------
(3) Includes 99,772 shares of Common Stock and 216,374 shares of Common Stock
issuable upon the exercise of the Warrants. T-E disclaims beneficial
ownership of 929,290 shares of Common Stock owned by 21st Century and
125,142 shares of Common Stock owned by Foreign.
(4) Includes 39,527 shares of Common Stock and 85,615 shares of Common Stock
issuable upon the exercise of the Warrants. Foreign disclaims beneficial
ownership of 929,290 shares of Common Stock owned by 21st Century and
316,146 shares of Common Stock owned by T-E.
(5) The reporting person disclaims beneficial ownership of these securities,
except to the extent of his equity interest therein.
(6) Includes 50,000 shares of Common Stock owned by Applewood Associates, L.P.
(7) Includes 101,875 shares of Common Stock issuable upon the exercise of a
warrant owned by Woodland Partners and 134,375 shares of Common Stock
issuable upon the exercise of a warrant owned by Dalewood.
- 14 of 17 -
<PAGE>
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 1,370,578
shares of Common Stock, representing approximately 12.6% of the outstanding
Common Stock. Harvey Sandler has sole power to vote and to dispose of 38,129
shares of Common Stock (which includes shares of Common Stock issuable upon the
exercise of the Warrants).
By virtue of being a manager and majority member of ALSI, LLC,
Andrew Sandler may be deemed to have shared power to vote and to dispose of
1,370,578 shares of Common Stock, representing approximately 12.6% of the
outstanding Common Stock. Andrew Sandler has sole power to vote and to dispose
of 5,447 shares of Common Stock (which includes shares of Common Stock issuable
upon the exercise of the Warrants).
By virtue of being a shareholder, officer and director of
InfoMedia and Dalewood, and a general partner of Woodland Partners and
Applewood, Barry Rubenstein may be deemed to have shared power to vote and to
dispose of 1,656,828 shares of Common Stock, representing approximately 14.9% of
the outstanding Common Stock. Barry Rubenstein has sole power to vote and to
dispose of 39,814 shares of Common Stock (which includes shares of Common Stock
issuable upon the exercise of the Warrants).
By virtue of being a shareholder, officer and director of
InfoMedia and a general partner of Applewood, Irwin Lieber may be deemed to have
shared power to vote and to dispose of 1,420,578 shares of Common Stock,
representing approximately 13.1% of the outstanding Common Stock. Irwin Lieber
has sole power to vote and to dispose of 38,814 shares of Common Stock (which
includes shares of Common Stock issuable upon the exercise of the Warrants).
By virtue of being a shareholder, officer and director of
InfoMedia and a general partner of Applewood, Barry Fingerhut may be deemed to
have shared power to vote and to dispose of 1,420,578 shares of Common Stock,
representing approximately 13.1% of the outstanding Common Stock. Barry
Fingerhut has sole power to vote and to dispose of 38,814 shares of Common Stock
(which includes shares of Common Stock issuable upon the exercise of the
Warrants).
(c) Other than as set forth in Item 3, there were no transactions in
the securities of the Issuer by the persons identified in Item 2 of the Schedule
effected from June 16, 1996 to August 15, 1996, inclusive.
- 15 of 17 -
<PAGE>
Signature
After reasonable inquiry and to the best of their knowledge and
belief, each of the undersigned hereby certifies that the information set forth
in this Schedule is true, complete, and correct.
Date: March 12, 1997
21ST CENTURY COMMUNICATIONS PARTNERS, L.P.
By: Sandler Investment Partners, L.P., general partner
By: Sandler Capital Management, general partner
By: ARH Corp., general partner
By: /s/Harvey Sandler
--------------------------------------
Name:
Title:
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., general partner
By: /s/Harvey Sandler
--------------------------------------
Name:
Title:
21ST CENTURY COMMUNICATIONS FOREIGN PARTNERS, L.P.
By: Sandler Investment Partners, L.P., general partner
By: Sandler Capital Management, general partner
By: ARH Corp., general partner
By: /s/Harvey Sandler
--------------------------------------
Name:
Title:
- 16 of 17 -
<PAGE>
/s/ Michael J. Marocco
--------------------------------
Michael J. Marocco, Individually
/s/ Barry Lewis
--------------------------------
Barry Lewis, Individually
/s/ John Kornreich
--------------------------------
John Kornreich, Individually
/s/ Harvey Sandler
--------------------------------
Harvey Sandler, Individually
/s/ Andrew Sandler
--------------------------------
Andrew Sandler, Individually
/s/ Barry Rubenstein
--------------------------------
Barry Rubenstein, Individually
/s/ Irwin Lieber
--------------------------------
Irwin Lieber, Individually
/s/ Barry Fingerhut
--------------------------------
Barry Fingerhut, Individually
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE
FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).
- 17 of 17 -
