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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. __)1
The Maxim Group, Inc.
(Name of Issuer)
Common Stock, $.001 par value
(Title of Class of Securities)
57772J 10 4
(CUSIP Number)
October 6, 1998
Date of Event which requires filing of this Statement
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
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 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).
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CUSIP No. 57772J 10 4
1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Linda Saul Schejola
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
5. SOLE VOTING POWER
1,260,000
6. SHARED VOTING POWER
-0-
7. SOLE DISPOSITIVE POWER
1,260,000
8. SHARED DISPOSITIVE POWER
-0-
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
1,260,000
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES [ ]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.5%
12. TYPE OF REPORTING PERSON
IN
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CUSIP No. 57772J 10 4
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Linda Saul Schejola Family Trust
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
State of Georgia (U.S.A.)
5. SOLE VOTING POWER
1,247,369
6. SHARED VOTING POWER
-0-
7. SOLE DISPOSITIVE POWER
1,247,369
8. SHARED DISPOSITIVE POWER
-0-
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
1,247,369
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES [ ]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.4%
12. TYPE OF REPORTING PERSON
00
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Item 1.
(a) Name of Issuer:
The Maxim Group, Inc.
(b) Address of Issuer's Principal Executive Offices
210 Town Park Drive
Kennesaw, Georgia 30144
Item 2.
(a) Name of Person Filing:
(1) Linda Saul Schejola, individually, and as the sole
Trustee for the Linda Saul Schejola Family Trust
(2) Linda Saul Schejola Family Trust (the "Trust")
(b) Address of Principal Business Office or, if None, Residence:
(1) Ms. Schejola: Via Bottazzi, 2
15057 Tortona (AI) Italy
(2) The Trust: Via Bottazzi, 2
15057 Tortona (AI) Italy
(c) Citizenship:
(1) Ms. Schejola: United States of America
(2) The Trust: State of Georgia (U.S.A.)
(d) Title of Class of Securities:
Common Stock, $.001 par value
(e) CUSIP Number:
57772J 10 4
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Item 3. If this statement is filed pursuant to Rules 13d-1(b), or
13d-2(b), check whether the person filing is a:
Not Applicable
If this statement is filed pursuant to Rule 13d-1(c), check
this box |X|
Item 4. Ownership:
(a) Amount beneficially owned:
(1) Ms. Schejola: 1,260,000 shares (1)
(2) The Trust: 1,247,369 shares
(b) Percent of class:
(1) Ms. Schejola: 6.5%
(2) The Trust: 6.4%
(c) Number of shares as to which such person has:
(a) Sole power to vote or to direct the vote:
(1) Ms. Schejola: 1,260,000 shares (1)
(2) The Trust: 1,247,369 shares
(b) Shared power to vote or to direct the vote:0
(1) Ms. Schejola: 0
(2) The Trust: 0
(c) Sole power to dispose or to direct the
disposition of:
(1) Ms. Schejola: 1,260,000 shares (1)
(2) The Trust: 1,247,369 shares
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(d) Shared power to dispose or to direct the
disposition of:
(1) Ms. Schejola: 0
(2) The Trust: 0
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(1) Includes 1,247,369 shares held of record by the Trust, of which Ms.
Schejola is the sole Trustee. As the Trustee, Ms. Schejola has sole
voting and dispositive powers over all of the shares held by the Trust.
Item 5. Ownership of Five Percent or Less of a Class:
If this statement is being filed to report the fact that as of
the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of the class of
securities, check the following [ ].
Item 6. Ownership of More than Five Percent on Behalf of Another
Person:
See Item 4.
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent Holding
Company:
Not applicable
Item 8. Identification and Classification of the Members of the Group:
Not applicable
Item 9. Notice of Dissolution of Group:
Not applicable
Item 10. Certification:
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were not acquired and are not held
for the purpose of or with the effect of changing or influencing the control of
the Issuer of the securities and were not acquired and are not held in
connection with or as a participant in any transaction having that purpose or
effect.
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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.
/s/ Linda Saul Schejola
Date: October 12, 1998 _________________________________
Linda Saul Schejola
LINDA SAUL SCHEJOLA FAMILY TRUST
/s/ Linda Saul Schejola, Trustee
Date: October 12, 1998 _________________________________
By: Linda Saul Schejola, Trustee
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