UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(RULE 13-d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13D-1(b)(c)
AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13D-2(b)
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO.___)*
FIBERCORE, INC.
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
315638-10-9
(CUSIP Number)
JUNE 30, 1999
(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)
*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. 315638-10-9 Page 2 of 7
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1. Name of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only)
One Financial Group Incorporated
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [ ]
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3. SEC Use Only
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4. Citizenship or Place of Organization
New York
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5. Sole Voting Power
2,229,341
Number of ------------------------------------------------------------------
Shares 6. Shared Voting Power
Beneficially
Owned by -0-
Each ------------------------------------------------------------------
Reporting 7. Sole Dispositive Power
Person With
2,229,341
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8. Shared Dispositive Power
-0-
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
2,229,341
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10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) [ ]
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11. Percent of Class Represented by Amount in Row (9)
5.11
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12. Type of Reporting Person (See Instructions)
CO
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CUSIP NO. 315638-10-9 Page 3 of 7
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1. Name of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only)
Steven Phillips
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [ ]
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3. SEC Use Only
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4. Citizenship or Place of Organization
U.S.A.
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5. Sole Voting Power
3,233,014
Number of ------------------------------------------------------------------
Shares 6. Shared Voting Power
Beneficially
Owned by -0-
Each ------------------------------------------------------------------
Reporting 7. Sole Dispositive Power
Person With
3,233,014
------------------------------------------------------------------
8. Shared Dispositive Power
-0-
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
3,233,014
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10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) [ ]
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11. Percent of Class Represented by Amount in Row (9)
7.38
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12. Type of Reporting Person (See Instructions)
IN
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Page 4 of 7
ITEM 1.
(a) Name of Issuer
Fibercore, Inc.
(b) Address of Issuer's Principal Executive Offices
253 Worcester Road
P.O. Box 180
Charlton, MA 01507
ITEM 2.
(a) Name of Person Filing
(i) One Financial Group Incorporated
(ii) Steven Phillips
(b) Address of Principal Business Office or, if none, Residence
245 East 58th Street
New York, NY 10022
(c) Citizenship
USA
(d) Title of Class of Securities
Common Stock
(e) CUSIP Number
315638-10-9
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TOSS.SS.240.13D-1(B) OR
240.13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A:
Not Applicable
(a) [ ] Broker or dealer registered under section 15 of the Act
(15 U.S.C. 78o);
(b) [ ] Bank as defined in section 3(a)(6) of the Act
(15 U.S.C. 78c);
(c) [ ] Insurance company as defined in section 3(a)(19) of the Act
(15 U.S.C. 78c);
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Page 5 of 7
(d) [ ] Investment company registered under section 8 of the
Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e) [ ] An investment adviser in accordance with
ss.240.13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance
with ss.240.13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person in accordance
with ss.240.13d-1(b)(1)(ii)(G);
(h) [ ] A savings associations as defined in Section 3(b) of the
Federal Deposit Insurance Act (12 U.S.C. 1813);
(i) [ ] A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the Investment
Company Act of 1940 (15 U.S.C. 80a-3);
(j) [ ] Group, in accordance withss.240.13d-1(b)(1)(ii)(J).
ITEM 4. OWNERSHIP.
Provide the following information regarding the aggregate number and percentage
of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned: 3,233,014
(b) Percent of class: 7.38
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote 3,233,014
(ii) Shared power to vote or to direct the vote -0-
(iii) Sole power to dispose or to direct the
disposition of 3,233,014
(iv) Shared power to dispose or to direct the
disposition of -0-
Instruction. For computations regarding securities which represent a right
to acquire an underlying security seess.240.13d-3(d)(1).
One Financial Group Incorporated is a personal services corporation founded,
wholly owned and controlled by Steven Phillips.
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Page 6 of 7
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
Not applicable.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
Not applicable.
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.
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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Page 7 of 7
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.
By: One Financial Group Incorporated
/s/ Steven Phillips
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Steven Phillips, President
By: Steven Phillips
/s/ Steven Phillips
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Steven Phillips
