<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
-------------------
SCHEDULE 13G
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 and 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 4)
COMMUNICATIONS CENTRAL, INC.
- --------------------------------------------------------------------------------
(Name of Issuer)
COMMON STOCK, $.01 PAR VALUE PER SHARE
- --------------------------------------------------------------------------------
(Title of Class of Securities)
203388-10-3
- --------------------------------------------------------------------------------
(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.)
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.
(Continued on following pages.)
(Page 1 of 7 Pages)
<PAGE>
================================================================================
CUSIP NO. 203388-10-3 13G Page 2 OF 7 Pages
- --------------------------------------------------------------------------------
1. Name of Reporting Person: PETER A. SCHOBER
S.S. or I.R.S. Identification No. of Above Person: ###-##-####
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3. SEC Use Only
- --------------------------------------------------------------------------------
4. Citizenship or Place of Organization
AUSTRIA
- --------------------------------------------------------------------------------
Number of 5. Sole Voting Power: 8,467
Shares
-----------------------------------------------------------
Beneficially 6. Shared Voting Power: 432,661
Owned By
-----------------------------------------------------------
Each 7. Sole Dispositive Power: 8,467
Reporting
-----------------------------------------------------------
Person With 8. Shared Dispositive Power: 432,661
- --------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person: 441,128
- --------------------------------------------------------------------------------
10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares [ ]
- --------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9): 7.3%
- --------------------------------------------------------------------------------
12. Type of Reporting Person: IN
================================================================================
2
<PAGE>
ITEM 1(A). NAME OF ISSUER:
Communications Central Inc.
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
1150 Northmeadow Parkway
Suite 118
Roswell, Georgia 30076
ITEM 2(A). NAME OF PERSON FILING:
Peter A. Schober
ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
45 Milk Street, 9th Floor
Boston, Massachusetts 02109
ITEM 2(C). CITIZENSHIP:
Austria
ITEM 2(D). TITLE OF CLASS OF SECURITIES: Common Stock, $.01 par value per
share
ITEM 2(3). CUSIP NUMBER: 203388-10-3
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR 13D-2(B),
CHECK WHETHER THE PERSON FILING IS A:
(a) [ ] Broker or dealer registered 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; see 13d-1(b)(1)(ii)(F),
(g) [ ] Parent Holding Company, in accordance with Rule 13d-
1(b)(ii)(G); see Item 7,
(h) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(H).
Not applicable.
<PAGE>
ITEM 4. OWNERSHIP.
(a) Amount beneficially owned: 441,128*
(b) Percent of class: 7.3%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 8,467*
(ii) Shared power to vote or to direct the vote: 441,128*
(iii) Sole power to dispose or to direct the disposition of:
8,467*
(iv) Shared power to dispose or to direct the disposition of:
441,128*
* See Item 6 below.
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
box. [ ]
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
The reporting person is part of a group consisting of four individuals
who share equal voting and dispositive power with respect to all of the
shares reported on this form (the "MVP Ventures Group"). The members of
MVP Ventures Group are the sole general partners of MVP Capital L.P.,
which is the general partner of three limited partnerships: (1) Late
State Fund 1990 Limited Partnership, the holder of record of 218,856
shares; (2) Late State Fund 1991 Limited Partnership, the holder of
record of 84,787 shares; and (3) Chestnut Capital International III,
the holder of record of 73,177 shares. The members of MVP Ventures
Group are also the sole general partners of Chestnut III Management
L.P., which is the sole general partner of Chestnut III Ltd.
Partnership, the holder of record of 54,997 shares. Finally, the
members of MVP Ventures Group are the sole general partners of MVP
Investors Limited Partnership, the holder of record of 844 shares. All
numbers given for shares held of record are as of December 31, 1996.
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 MEMBERS OF THE GROUP.
Not Applicable.
4
<PAGE>
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not Applicable.
ITEM 10. CERTIFICATION.
Not Applicable.
[Signature appears on following page.]
5
<PAGE>
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.
Date: February 13, 1997
-------------------------------
Signature: /s/ Peter A. Schober
--------------------------
Peter A. Schober
6
<PAGE>
EXHIBIT A
---------
Members of MVP Ventures Group:
(1) Jonathan J. Fleming
(2) Michael F. Schiavo
(3) Peter A. Schober
(4) John G. Turner
7