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OMB APPROVAL
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
EBT International, Inc.
CIK - 0000917471
IRS - 04-3216243
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
456783109
---------------------------------------------------------------
(CUSIP Number)
Liza Meyers
1800 Grant Street
Denver, Colorado 80203
(303)894-3960
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(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
12/28/00
---------------------------------------------------------------
(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 that is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following
box [_].
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7(b) for other
parties to whom copies are to be sent.
(Continued on the following page)
(Page 1 of Pages)
____________
(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 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 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).
<PAGE>
CUSIP No. 13D Page of Pages
------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Farhad Fred Ebrahimi
------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [_]
------------------------------------------------------------------------------
3 SEC USE ONLY
------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [_]
------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cheyenne, Wyoming USA
------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES -----------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 768,900
-----------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON -----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
768,900
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
768,900
------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[*]
------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.61%
------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 13D Page of Pages
------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
Mary Wilkie Ebrahimi
------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [_]
------------------------------------------------------------------------------
3 SEC USE ONLY
------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [_]
------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cheyenne, Wyoming USA
------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES -----------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 768,900
-----------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON -----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
544,900
------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
768,900
------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.61%
------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 13D Page of Pages
------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Farhad Alexander Ebrahimi
------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [_]
------------------------------------------------------------------------------
3 SEC USE ONLY
------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [_]
------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cheyenne, Wyoming USA
------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES -----------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 768,900
-----------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON -----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
100,000
------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
768,900
------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[*]
------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.61%
------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 13D Page of Pages
------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Farah Alexandra Ebrahimi
------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [_]
------------------------------------------------------------------------------
3 SEC USE ONLY
------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [_]
------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cheyenne, Wyoming USA
------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES -----------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 768,900
-----------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON -----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
124,000
------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
768,900
------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.61%
------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 13D Page of Pages
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Item 1. Security and Issuer.
Common Stock issued by: EBT International, Inc.
299 Promenade St.
Providence, RI 02908
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Item 2. Identity and Background.
This Amendment No. 2 to Schedule 13D, filed in February 1999, is being filed by
Farhad Fred Ebrahimi, as the Reporting Person for the Ebrahimi family, pursuant
to Rule 13d-2, to report the fact that, as of the date of this report, the
reporting person(s) have ceased to be the beneficial owner of more than five
percent of the Issuer's securities.
(a) Ebrahimi family consists of:
Farhad Fred Ebrahimi
Mary Wilkie Ebrahimi
Farah Alexandra Ebrahimi
Farhad Alexander Ebrahimi
(b) 8821 Experimental Farm Road, Cheyenne, Wyoming 82009-8814
(c) Farhad Fred Ebrahimi is the President of Quark, Inc., 1800 Grant
Street Denver, Colorado 80203.
(d) No for all family members.
(e) No for all family members.
(f) All family members are US citizens.
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Item 3. Source and Amount of Funds or other Consideration.
The Ebrahimi family used private funds to make the purchases, of securities
covered by this filing.
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Item 4. Purpose of Transaction.
The securities purchased by the Ebrahimi family have been acquired for
investment purposes. Members of the Ebrahimi family may make additional
purchases of common stock or other securities of the Issuer, either in the open
market or in private transactions, depending on their evaluation of the Issuer's
business, prospects and financial condition, the market for the common stock or
other securities, other opportunities available to them, general economic
conditions, money and stock market conditions, and other future developments.
Depending on these same factors, members of the Ebrahimi family may decide to
sell all or part of their investment in the Issuer's common stock. Although
all purchases of shares in common stock have been made for investment, at some
future time the Ebrahimi family may decide that it is desirable to seek control
or influence the management and policies of the Issuer. Such control or
influence may be sought by seeking a position on the Issuer's board of
directors, by seeking a position as an officer of the Issuer, by contractual
arrangement with the Issuer or by other means. At the present time, no member
of the Ebrahimi family has made any decision to seek a board seat or seek
control or influence over the management or policies of the Issuer.
While they reserve the right to develop plans or proposals in the future
regarding the following items, at the present time, no member of the Ebrahimi
family has any plans or proposals that relate to or would relate to any of
the following:
(a) except as described above, the acquisition of additional securities
of the Issuer, or the disposition of securities of the Issuer;
(b) an extraordinary corporate transaction, such as a merger,
reorganization or liquidation involving the Issuer or its
subsidiaries;
(c) sale or transfer of a material amount of assets of the Issuer or any
of its subsidiaries;
(d) except as described above, any change in the present board of
directors or management of the Issuer, including any plans or
proposals to change the number or term of directors or fill any
existing vacancies on the board;
(e) any material change in the present capitalization or dividend policy
of the Issuer;
(f) any other material change in the Issuer's business or corporate
structure;
(g) any changes to the Issuer's charter, bylaws or instruments
corresponding thereto or other actions that may impede the acquisition
of control of the Issuer by any person;
(h) causing a class of securities of the Issuer to be delisted from a
national securities exchange or cease to be authorized to be quoted
in an inter-dealer quotation system of a registered national security
association;
(i) a class of equity securities of the Issuer becoming eligible for
termination of registration pursuant to section 12(g)(4) of the
Exchange Act; or
(j) any action similar to those enumerated above.
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Item 5. Interest in Securities of the Issuer.
(a) Farhad Fred Ebrahimi 223,400 shares 1.34%
Mary Wilkie Ebrahimi 321,500 shares 1.93%
Farhad Alexander Ebrahimi 100,000 shares .60%
Farah Alexandra Ebrahimi 124,000 shares .74%
(b) All members of the Ebrahimi family will have shared power to vote the
total number of shares (768,900 shares). The members of the Ebrahimi
family have dispositive power over the total number of shares (768,900
shares) as described below.
Farhad Fred Ebrahimi has shared dispositive power with Farhad
Alexander Ebrahimi over 100,000 shares, shared dispositive power with
Mary Wilkie Ebrahimi over 544,900 shares, and shared dispositive
power with Farah Alexandra Ebrahimi over 124,000 shares.
Mary Wilkie Ebrahimi has shared dispositive power with Farad Fred
Ebrahimi over 544,900 shares.
Farad Alexander Ebrahimi has shared dispositive power with Farhad Fred
Ebrahimi over 100,000 shares.
Farah Alexandra Ebrahimi has shared dispositive power with Farhad Fred
Ebrahimi over 124,000 shares.
<PAGE>
Farhad Fred Ebrahimi sold the following shares of the Issuer since the filing of
Amendment No. 1 filed on December 23, 1999. He also bought 1,000 shares on April
18, 2000 at a price of $4.23 a share. All such sales and purchases were made
through Fidelity Brokerage Services.
1/24/00 1,500 shares at a price of $ 37.99 per share
1/26/00 3,500 shares at a price of $ 38.00 per share
1/27/00 5,000 shares at a price of $ 39.33 per share
12/28/00 255,000 shares at a price of $ 1.82 per share
Farhad Alexander Ebrahimi sold the following shares since the filing of
Amendment No. 1 filed on December 23, 1999. All such sales were made through
Fidelity Brokerage Services
12/30/99 15,000 shares at a price of $ 9.47 per share
12/27/00 5,000 shares at a price of $ 1.84 per share
12/28/00 35,000 shares at a price of $ 1.84 per share
Farah Alexandra Ebrahimi sold the following shares since the filing of
Amendment No. 1 filed on December 23, 1999. All such sales were made through
Fidelity Brokerage Services.
12/27/00 25,000 shares at a price of $ 1.74 per share
12/28/00 131,000 shares at a price of $ 1.82 per share
<PAGE>
(d) N/A
(e) N/A
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Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer.
N/A
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Item 7. Material to be Filed as Exhibits.
The members of the Ebrahimi family (Farhad Fred Ebrahimi, Mary Wilkie
Ebrahimi, Farhad Alexander Ebrahimi, and Farah Alexandra Ebrahimi), have
agreed to file this Schedule 13D jointly, with Farhad Fred Ebrahimi as the
named Reporting Person for the family. The joint filing agreement is an oral
agreement.
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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.
January 17, 2001
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(Date)
By: /s/ Farhad Fred Ebrahimi
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(Signature)
Farhad Fred Ebrahimi
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(Name/Title)
POWER OF ATTORNEY
I, M.P. Wilkie Ebrahimi, private person, residing at 8821 Experimental Farm
Road, Cheyenne, WY 82009-8814, hereby delegate to F. Fred Ebrahimi, private
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Page 10
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person, residing at 8821 Experimental Farm Road, Cheyenne, WY 82009-8814, the
authority to act in my place and stead with respect to the following powers.
To act as the reporting person on my behalf in connection with filings to be
made with the Securities and Exchange Commission, and
To execute such documents and to perform all other acts necessary, or incidental
to the execution of the powers enumerated herein.
This Power of Attorney is effective until revoked.
Executed this 16th day of November, 1998.
/s/ M.P. Wilkie Ebrahimi
------------------------
M.P. Wilkie Ebrahimi
POWER OF ATTORNEY
I, Farah A. Ebrahimi, private person, residing at 8821 Experimental Farm Road,
Cheyenne, WY 82009-8814, hereby delegate to F. Fred Ebrahimi, private person,
residing at 8821 Experimental Farm Road, Cheyenne, WY 82009-8814, the authority
to act in my place and stead with respect to the following powers:
To act as the reporting person on my behalf in connection with filings to be
made with the Securities and Exchange Commission, and
To execute such documents and to perform all other acts necessary, or incidental
to the execution of the powers enumerated herein.
This Power of Attorney is effective until revoked.
Executed this 16th day of November, 1998.
/s/ Farah A. Ebrahimi
------------------------
Farah A. Ebrahimi
POWER OF ATTORNEY
I, Farhad A. Ebrahimi, private person, residing at 8821 Experimental Farm Road,
Cheyenne, WY 82009-8814, hereby delegate to F. Fred Ebrahimi, private person,
residing at 8821 Experimental Farm Road, Cheyenne, WY 82009-8814, the authority
to act in my place and stead with respect to the following powers:
To act as the reporting person on my behalf in connection with filings to be
made with the Securities and Exchange Commission, and
To execute such documents and to perform all other acts necessary, or incidental
to the execution of the powers enumerated herein.
This Power of Attorney is effective until revoked.
Executed this 21st day of March 1999
/s/ Farhad A. Ebrahimi
----------------------
Farhad A. Ebrahimi
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