<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
IJNT.NET, INC.
------------------------------------------------------
(Name of Issuer)
Common Stock Par Value $0.001 Per Share
------------------------------------------------------
(Title of Class and Securities)
449638105
------------------------------------------------------
(CUSIP Number of Class of Securities)
Emmett E. Lyne, Esq.
Rich, May, Bilodeau & Flaherty, P.C.
176 Federal Street
Boston, MA 02110
(617) 556-3885
--------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
January 4, 2000
--------------------------------------------------------
(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 Sections 240.13d-1(e), or 240.13d-1(f) or 240.13d-1(g),
check the following box [ ].
NOTE: This Schedule 13D is being filed because the following Reporting Persons
in the aggregate own beneficially more than 5% of a class of equity securities
of the Issuer as a result of their contemporaneous purchase of shares of the
Common Stock of the Issuer during the period of January 4, 2000 through January
10, 2000 pursuant to a Common Stock Purchase and Subscription Agreement
("Agreement"). This Schedule 13D is being filed jointly in accordance with Rule
13d-l(k)(1) and no Reporting Person claims to be, directly or indirectly, the
beneficial owner of the shares of any other Reporting Person. Without limiting
the foregoing, except as disclosed in Exhibit II with respect to certain
entities whose officers have also purchased securities under the Agreement as
individuals, no Reporting Person has (1) voting power, which includes the power
to vote, or to direct the voting of, the shares of any other Reporting Person or
(2) investment power, which includes the power to dispose, or direct the
disposition of, the shares of any other Reporting Person. While the Reporting
Persons have elected to make this filing under Regulation 13d of the Securities
Exchange Act of 1934, neither the execution of the Agreement nor the execution
of this Schedule 13D shall be deemed an acknowledgment by any Reporting Person
that it is a member of a "group" as defined in Rule 13d-5 under said Regulation
13d. In order to avoid any question as to whether their beneficial ownership
necessitates filing with the Commission, however, the Reporting Persons have
decided to file this beneficial ownership report and thereby to provide more
expansive disclosure than may be necessary.
Please note that none of the Reporting Persons individually is the beneficial
owner of more than five percent (5%) of the equity securities of the Issuer and
this Schedule 13D is being filed solely as a precautionary matter pursuant due
to the contemporaneous purchase of securities pursuant to the Agreement. SEE
Rule 13d-5(b)(1). The Reporting Persons do not contemplate further amendments to
this
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Page 1
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Schedule 13D in the event any one or more Reporting Persons individually
purchases additional securities of the Company except to the extent such
purchases are material. Such additional purchases would not be subject to the
Agreement and, to the extent that a "group" exists as defined in said Rule
13d-5(b)(1), any such securities would not be subject to the terms and
conditions of the Agreement and would not relate to the securities owned by any
such "group". In the event any Reporting Person individually were to acquire
more than five percent (5%) of the beneficial ownership in a class of the equity
securities of the Company, including any shares purchased pursuant to the
Agreement, that Reporting Person would be responsible for filing its own
individual report on Schedule 13D or, if applicable, Schedule 13G.
References "Items" in the following cover page refer to the corresponding Items
contained within the disclosure section of this Schedule 13D.
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PAGE 2
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- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Crest Financial Limited I.D. No. 760975218
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(b) /___/
- --------------------------------------------------------------------------------
(3) SEC USE ONLY
- --------------------------------------------------------------------------------
(4) SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) _____
/ /
- --------------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
TX
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 187,500 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY :
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 187,500 (Item 5)
:------------------------
:(10) SHARED DISPOSITIVE
: POWER
:
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
187,500 (Item 5)
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* _____
Warrants not currently exercisable within 60 days (Item 5) / X /
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
.9%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT! _
- --------------------------------------------------------------------------------
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PAGE 3
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Legacy Trust Company I.D. No. 760109841
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(b) /___/
- --------------------------------------------------------------------------------
(3) SEC USE ONLY
- --------------------------------------------------------------------------------
(4) SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) _____
/ /
- --------------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
TX
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 187,500 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY :
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 187,500 (Item 5)
:------------------------
:(10) SHARED DISPOSITIVE
: POWER
:
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
187,500 (Item 5)
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* ____
Warrants not currently exercisable within 60 days (Item 5) / X /
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
.9%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT! _
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
PAGE 4
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
SRS Internet Holdings, Inc. I.D. No. 760625406
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(b) /___/
- --------------------------------------------------------------------------------
(3) SEC USE ONLY
- --------------------------------------------------------------------------------
(4) SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ____
/ /
- --------------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
TX
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 100,000 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY :
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 100,000 (Item 5)
:------------------------
:(10) SHARED DISPOSITIVE
: POWER
:
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
100,000 (Item 5)
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* ____
Warrants not currently exercisable within 60 days (Item 5) / X /
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.5%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
PAGE 5
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Canfield Corporation
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(b) /___/
- --------------------------------------------------------------------------------
(3) SEC USE ONLY
- --------------------------------------------------------------------------------
(4) SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ____
/ /
- --------------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION The British Virgin Islands
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 25,000 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY :
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 25,000 (Item 5)
:------------------------
:(10) SHARED DISPOSITIVE
: POWER
:
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,000 (Item 5)
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* _____
Warrants not currently exercisable within 60 days (Item 5) / X /
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.1%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!_
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
PAGE 6
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Daniel A. Breen, Jr.
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(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
TX
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 37,500 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY :
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 37,500 (Item 5)
:------------------------
:(10) SHARED DISPOSITIVE
: POWER
:
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
37,500 (Item 5)
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* ____
Warrants not currently exercisable within 60 days (Item 5) / X /
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.2%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT! _
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
PAGE 7
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Windmill Capital Group L.P. I.D. No. 760553447
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(b) /___/
- --------------------------------------------------------------------------------
(3) SEC USE ONLY
- --------------------------------------------------------------------------------
(4) SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ____
/ /
- --------------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
TX
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 250,000 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY :
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 250,000 (Item 5)
:------------------------
:(10) SHARED DISPOSITIVE
: POWER
:
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
250,000 (Item 5)
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* _____
Warrants not currently exercisable within 60 days (Item 5) / X /
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
1.3%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!_
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
PAGE 8
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
John R. Jakobson
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(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
NY
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 25,000 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY :
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 25,000 (Item 5)
:------------------------
:(10) SHARED DISPOSITIVE
: POWER
:
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,000 (Item 5)
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* _____
Warrants not currently exercisable within 60 days (Item 5) / X /
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.1%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!_
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
PAGE 9
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Robert L. Burch III
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(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
NY
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 25,000 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY : (Item 5)
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 25,000 (Item 5)
:------------------------
:(10) SHARED DISPOSITIVE
: POWER
: (Item 5)
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,000 (Item 5)
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* _____
Warrants not currently exercisable within 60 days (Item 5) / X /
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.1%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT! _
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
PAGE 10
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Finger Interests Number One, Ltd. I.D. No. 760395634
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(b) /___/
- --------------------------------------------------------------------------------
(3) SEC USE ONLY
- --------------------------------------------------------------------------------
(4) SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) _____
/ /
- --------------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
TX
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 25,000 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY :
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 25,000 (Item 5)
:------------------------
:(10) SHARED DISPOSITIVE
: POWER
:
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,000 (Item 5)
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* ____
Warrants not currently exercisable within 60 days (Item 5) / X /
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.1%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT! _
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
PAGE 11
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
KA Ltd. I.D. No. 760488199
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(b) /___/
- --------------------------------------------------------------------------------
(3) SEC USE ONLY
- --------------------------------------------------------------------------------
(4) SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ____
/ /
- --------------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
TX
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 12,500 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY :
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 12,500 (Item 5)
:------------------------
:(10) SHARED DISPOSITIVE
: POWER
:
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
12,500 (Item 5)
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* ____
Warrants not currently exercisable within 60 days (Item 5) / X /
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.1%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!_
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
PAGE 12
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
OFH, Ltd. I.D. No. 760197927
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(b) /___/
- --------------------------------------------------------------------------------
(3) SEC USE ONLY
- --------------------------------------------------------------------------------
(4) SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ____
/ /
- --------------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
TX
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 87,500 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY :
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 87,500 (Item 5)
:------------------------
:(10) SHARED DISPOSITIVE
: POWER
:
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
87,500 (Item 5)
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* _____
Warrants not currently exercisable within 60 days (Item 5) / X /
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.4%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!_
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
PAGE 13
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Rush H. Record
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(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
TX
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 12,500 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY : (Item 5)
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 12,500 (Item 5)
:------------------------
:(10) SHARED DISPOSITIVE
: POWER
: (Item 5)
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
12,500 (Item 5)
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* _____
Warrants not currently exercisable within 60 days (Item 5) / X /
Also does not include 5,000 shares acquired outside of the
Agreement (Item 3)
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.1%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT! _
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
PAGE 14
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Preston Moore Jr.
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(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
TX
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 25,000 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY :
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 25,000 (Item 5)
:------------------------
:(10) SHARED DISPOSITIVE
: POWER
:
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,000 (Item 5)
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* ____
Warrants not currently exercisable within 60 days (Item 5) / X /
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.1%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT! _
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
PAGE 15
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
A. John Knapp, for the benefit of Andover/IJNT, L.P.
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(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
TX
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 50,000 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY :
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 50,000 (Item 5)
:------------------------
:(10) SHARED DISPOSITIVE
: POWER
:
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
50,000 (Item 5)
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* _____
Warrants not currently exercisable within 60 days (Item 5) / X /
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.3%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!_
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
PAGE 16
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Allan C. King, for the benefit of The Allan Carlisle and Gloria
Goldston King Revocable Trust
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(b) /___/
- --------------------------------------------------------------------------------
(3) SEC USE ONLY
- --------------------------------------------------------------------------------
(4) SOURCE OF FUNDS*
OO - Trust Funds
- --------------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ____
/ /
- --------------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
TX
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 100,000 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY :
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 100,000 (Item 5)
:------------------------
:(10) SHARED DISPOSITIVE
: POWER
:
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
100,000 (Item 5)
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* _____
Warrants not currently exercisable within 60 days (Item 5) / X /
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.5%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!_
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
PAGE 17
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Harold S. Hook
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(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
TX
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 62,500 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY : (Item 5)
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 62,500 (Item 5)
:------------------------
:(10) SHARED DISPOSITIVE
: POWER
: (Item 5)
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
62,500 (Item 5)
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* _____
Warrants not currently exercisable within 60 days (Item 5) / X /
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.3%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT! _
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
PAGE 18
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
J. Evans Attwell
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(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
TX
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 75,000 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY :
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 75,000 (Item 5)
:------------------------
:(10) SHARED DISPOSITIVE
: POWER
:
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
75,000 (Item 5)
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* ____
Warrants not currently exercisable within 60 days (Item 5) / X /
Also does not include 20,000 shares acquired outside of the
Agreement (Item 3)
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.4%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT! _
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
PAGE 19
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Richard H. Skinner
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(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
TX
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 25,000 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY :
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 25,000 (Item 5)
:------------------------
:(10) SHARED DISPOSITIVE
: POWER
:
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,000 (Item 5)
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* ____
Warrants not currently exercisable within 60 days (Item 5) / X /
Also does not include 5,000 shares acquired outside of the
Agreement (Item 3)
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.1%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!_
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
PAGE 20
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Sunlaws Limited I.D. No. 760304466
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(b) /___/
- --------------------------------------------------------------------------------
(3) SEC USE ONLY
- --------------------------------------------------------------------------------
(4) SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ____
/ /
- --------------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
TX
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 50,000 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY :
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 50,000 (Item 5)
:------------------------
:(10) SHARED DISPOSITIVE
: POWER
:
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
50,000 (Item 5)
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* _____
Warrants not currently exercisable within 60 days (Item 5) / X /
Also does not include 5,000 shares acquired outside of
the Agreement (Item 3)
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.3%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!_
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
PAGE 21
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
DE-LR Partners, L.P. I.D. No. 760906232
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(b) /___/
- --------------------------------------------------------------------------------
(3) SEC USE ONLY
- --------------------------------------------------------------------------------
(4) SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) _____
/ /
- --------------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
TX
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 200,000 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY : (Item 5)
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 200,000 (Item 5)
:------------------------
:(10) SHARED DISPOSITIVE
: POWER
: (Item 5)
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
200,000 (Item 5)
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* _____
Warrants not currently exercisable within 60 days (Item 5) / X /
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
1.0%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT! _
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
PAGE 22
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Charles W. Duncan III
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(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
TX
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 25,000 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY :
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 25,000 (Item 5)
:------------------------
:(10) SHARED DISPOSITIVE
: POWER
:
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,000 (Item 5)
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* ____
Warrants not currently exercisable within 60 days (Item 5) / X /
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.1%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT! _
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
PAGE 23
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Michael J. Hay
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(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
TX
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 6,250 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY :
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 6,250 (Item 5)
:------------------------
:(10) SHARED DISPOSITIVE
: POWER
:
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,250 (Item 5)
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* _____
Warrants not currently exercisable within 60 days (Item 5) / X /
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.0%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!_
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
PAGE 24
<PAGE>
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
James H. Pearson
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(b) /___/
- --------------------------------------------------------------------------------
(3) SEC USE ONLY
- --------------------------------------------------------------------------------
(4) SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ____
/ /
- --------------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
TX
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 25,000 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY :
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 25,000 (Item 5)
:------------------------
:(10) SHARED DISPOSITIVE
: POWER
:
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,000 (Item 5)
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* _____
Warrants not currently exercisable within 60 days (Item 5) / X /
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.1%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
PAGE 25
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Robert S. Conte
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(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
TX
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 25,000 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY :
OWNED BY EACH REPORTING :_______________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 25,000 (Item 5)
:-----------------------
:(10) SHARED DISPOSITIVE
: POWER
:
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,000 (Item 5)
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* _____
Warrants not currently exercisable within 60 days (Item 5) / X /
Also does not include 15,000 shares acquired outside of the Agreement (Item 3)
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.1%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!_
- --------------------------------------------------------------------------------
PAGE 26
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Jamey Fleck
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(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
TX
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 25,000 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY :
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 25,000 (Item 5)
:------------------------
:(10) SHARED DISPOSITIVE
: POWER
:
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,000 (Item 5)
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* _____
Warrants not currently exercisable within 60 days (Item 5) / X /
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.1%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- --------------------------------------------------------------------------------
PAGE 27
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
James W. McCartney
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(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
TX
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 25,000 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY :
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 25,000 (Item 5)
:------------------------
:(10) SHARED DISPOSITIVE
: POWER
:
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,000 (Item 5)
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* _____
Warrants not currently exercisable within 60 days (Item 5) / X /
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.1%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- --------------------------------------------------------------------------------
PAGE 28
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Daniel C. Arnold
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(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
TX
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 25,000 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY :
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 25,000 (Item 5)
:------------------------
:(10) SHARED DISPOSITIVE
: POWER
:
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,000 (Item 5)
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* _____
Warrants not currently exercisable within 60 days (Item 5) / X /
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.1%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- --------------------------------------------------------------------------------
PAGE 29
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Arnold 1997 Limited Partnership Id. No. 760555313
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(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
TX
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 25,000 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY :
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 25,000 (Item 5)
:------------------------
:(10) SHARED DISPOSITIVE
: POWER
:
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,000 (Item 5)
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* _____
Warrants not currently exercisable within 60 days (Item 5) / X /
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.1%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- --------------------------------------------------------------------------------
PAGE 30
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Eugene C. McColley
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(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
CO
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 25,000 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY :
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 25,000 (Item 5)
:------------------------
:(10) SHARED DISPOSITIVE
: POWER
:
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,000 (Item 5)
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* _____
Warrants not currently exercisable within 60 days (Item 5) / X /
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.1%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- --------------------------------------------------------------------------------
PAGE 31
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
George Johnson
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(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
CO
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 25,000 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY :
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 25,000 (Item 5)
:------------------------
:(10) SHARED DISPOSITIVE
: POWER
:
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,000 (Item 5)
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* _____
Warrants not currently exercisable within 60 days (Item 5) / X /
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.1%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- --------------------------------------------------------------------------------
PAGE 32
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Richard Huebner
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(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
CO
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 12,500 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY :
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 12,500 (Item 5)
:------------------------
:(10) SHARED DISPOSITIVE
: POWER
:
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
12,500 (Item 5)
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* _____
Warrants not currently exercisable within 60 days (Item 5) / X /
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.1%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- --------------------------------------------------------------------------------
PAGE 33
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Virginia Stevens McDonald for the benefit of The Virginia Stevens
McDonald Revocable Living Trust
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(b) /___/
- --------------------------------------------------------------------------------
(3) SEC USE ONLY
- --------------------------------------------------------------------------------
(4) SOURCE OF FUNDS*
OO - Trust Funds
- --------------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ____
/ /
- --------------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
CO
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 12,500 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY :
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 12,500 (Item 5)
:------------------------
:(10) SHARED DISPOSITIVE
: POWER
:
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
12,500 (Item 5)
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* _____
Warrants not currently exercisable within 60 days (Item 5) / X /
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.1%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- --------------------------------------------------------------------------------
PAGE 34
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Robert D. Nostrand
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(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
CO
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 25,000 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY :
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 25,000 (Item 5)
:------------------------
:(10) SHARED DISPOSITIVE
: POWER
:
- -----------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,000 (Item 5)
- -----------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* _____
Warrants not currently exercisable within 60 days (Item 5) / X /
- -----------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.1%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- --------------------------------------------------------------------------------
PAGE 35
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Jim Rubin
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(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
NY
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 12,500 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY :
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 12,500 (Item 5)
:------------------------
:(10) SHARED DISPOSITIVE
: POWER
:
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
12,500 (Item 5)
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* _____
Warrants not currently exercisable within 60 days (Item 5) / X /
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.1%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- --------------------------------------------------------------------------------
PAGE 36
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- -----------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Kathleen M. Malo for the benefit of The Kathleen M. Malo Trust
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(b) /___/
- --------------------------------------------------------------------------------
(3) SEC USE ONLY
- --------------------------------------------------------------------------------
(4) SOURCE OF FUNDS*
OO - Trust Funds
- --------------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ____
/ /
- --------------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
CA
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 12,500 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY :
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 12,500 (Item 5)
:------------------------
:(10) SHARED DISPOSITIVE
: POWER
:
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
12,500 (Item 5)
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* _____
Warrants not currently exercisable within 60 days (Item 5) / X /
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.1%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- --------------------------------------------------------------------------------
PAGE 37
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Steven M. Bathgate
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(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
CO
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 25,000 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY :
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 25,000 (Item 5)
:------------------------
:(10) SHARED DISPOSITIVE
: POWER
:
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,000 (Item 5)
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* _____
Warrants not currently exercisable within 60 days (Item 5) / X /
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.1%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- --------------------------------------------------------------------------------
PAGE 38
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
James Edgar McDonald for the benefit of The James Edgar McDonald
Revocable Living Trust
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(b) /___/
- --------------------------------------------------------------------------------
(3) SEC USE ONLY
- --------------------------------------------------------------------------------
(4) SOURCE OF FUNDS*
OO - Trust Funds
- --------------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ____
/ /
- --------------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
CO
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 12,500 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY :
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 12,500 (Item 5)
:------------------------
:(10) SHARED DISPOSITIVE
: POWER
:
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
12,500 (Item 5)
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* _____
Warrants not currently exercisable within 60 days (Item 5) / X /
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.1%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- --------------------------------------------------------------------------------
PAGE 39
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
FCS C/FBO Fred DuBoc IRA ID No: 841111516
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(b) /___/
- --------------------------------------------------------------------------------
(3) SEC USE ONLY
- --------------------------------------------------------------------------------
(4) SOURCE OF FUNDS*
OO
- --------------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ____
/ /
- --------------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
CO
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 25,000 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY :
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 25,000 (Item 5)
:------------------------
:(10) SHARED DISPOSITIVE
: POWER
:
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,000 (Item 5)
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* _____
Warrants not currently exercisable within 60 days (Item 5) / X /
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.1%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
OO -- IRA
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- --------------------------------------------------------------------------------
PAGE 40
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
Robert M. Nieder
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(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
CO
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 12,500 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY :
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 12,500 (Item 5)
:------------------------
:(10) SHARED DISPOSITIVE
: POWER
:
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,000 (Item 5)
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* _____
Warrants not currently exercisable within 60 days (Item 5) / X /
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.1%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- --------------------------------------------------------------------------------
PAGE 41
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
RichMay Ventures IV Id No. applied for
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(b) /___/
- --------------------------------------------------------------------------------
(3) SEC USE ONLY
- --------------------------------------------------------------------------------
(4) SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ____
/ /
- --------------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
MA
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 25,000 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY :
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 25,000 (Item 5)
:------------------------
:(10) SHARED DISPOSITIVE
: POWER
:
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,000 (Item 5)
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* _____
Warrants not currently exercisable within 60 days (Item 5) / X /
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.1%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- --------------------------------------------------------------------------------
PAGE 42
<PAGE>
- --------------------------------------------------------------------------------
CUSIP No. 449638105 13D
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
Tim D. Relyea
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
*Joint Filing pursuant to Rule 13d-l(k)(1)
----
(a) /___/
----
(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
TX
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
: 25,000 (Item 5)
:------------------------
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY :
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 25,000 (Item 5)
:------------------------
:(10) SHARED DISPOSITIVE
: POWER
:
- -------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,000 (Item 5)
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* _____
Warrants not currently exercisable within 60 days (Item 5) / X /
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.1%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- --------------------------------------------------------------------------------
PAGE 43
<PAGE>
Item 1. Security and Issuer
The class of equity securities to which this statement on Schedule 13D
relates is the Common Stock, $0.001 par value per share, along with warrants for
said Common Stock ("Securities"), of IJNT.NET, Inc. (the "Issuer"), a Delaware
corporation, with principal offices located at 2800 Lafayette Newport, CA 92663.
Please note that the aforesaid warrants are not currently exercisable within 60
days and therefore, pursuant to SEC Rule 13d-3(d)(1)(I)(A), the Reporting
Persons do not yet have beneficial ownership of the Common Stock to which such
warrants relate.
Item 2. Identity and Background
This statement is being filed by Crest Financial Limited, Legacy Trust
Company, SRS Internet Holdings Ltd., Canfield Corporation, Daniel A. Breen, Jr.,
Windmill Capital, L.P., John R. Jakobson, Robert L. Burch III , Finger Interests
Number One, Ltd., KA Ltd., OFH, Ltd., Rush H. Record, Preston Moore, Jr., A.
John Knapp, Trustee for the benefit of Andover/IJNT, L.P., Allan Carlisle and
Gloria Goldston King Revocable Trust, Harold S. Hook, J. Evans Attwell, Richard
H. Skinner, Sunlaws Limited, DE-LR Partners, L.P., Charles W. Duncan III,
Michael J. Hay , James H. Pearson, Robert S. Conte, M.D., M.P.H., Jamey Fleck,
James W. McCartney, Daniel C. Arnold, Arnold 1997 Limited Partnership, Eugene C.
McColley, George Johnson, Richard Huebner, The Virginia Stevens McDonald
Revocable Living Trust, Robert D. Nostrand, Jim Rubin, The Kathleen M. Malo
Trust, Steven M. Bathgate, The James Edgar McDonald Revocable Living Trust, FCS
C.FBO Fred DuBoc IRA, Robert M. Nieder, RichMay Ventures IV and Tim D. Relyea.
Those of the foregoing persons signing this Schedule 13D are hereafter referred
to as the "Reporting Persons".
The foregoing entities in the aggregate own beneficially more than
5% of a class of equity securities of a particular issuer as of January 10,
2000 solely as a result of their contemporaneous purchase of Securities
during the period January 4, 2000 through January 10, 2000. No Reporting
Person claims to be, directly or indirectly, the beneficial owner of the
Securities of any other Reporting Person. Without limiting the foregoing,
except as disclosed in Exhibit II with respect to certain entities whose
officers have also purchased Securities under the Agreement as individuals,
no Reporting Person has (1) voting power, which includes the power to vote,
or to direct the voting of, the Securities of any other Reporting Person or
(2) investment power, which includes the power to dispose, or direct the
disposition of, the Securities of any other Reporting Person. While the
Reporting Persons have elected to make this filing under Regulation 13d of
the Securities Exchange Act of 1934, neither the execution of the Agreement
nor the filing of this Schedule 13D shall be deemed an acknowledgment by any
Reporting Person that it is a member of a "group" as defined in Rule 13d-5
under said Regulation 13d. In order to avoid any question as to whether their
beneficial ownership necessitates filing with the Commission, these persons
have decided to file this beneficial ownership report and thereby to provide
more expansive disclosure than may be necessary.
Each of the Reporting Persons has presented the following information
for itself only, and no Reporting Person has provided, or is responsible for,
the information by any other Reporting Person.
IDENTITY AND BACKGROUND OF REPORTING PERSONS
Crest Financial Limited, 600 Travis Street, Suite 6800 Houston, TX
77002, a Texas limited partnership.
Legacy Trust Company, 600 Jefferson Street, Suite 350, Houston TX
77002, a Texas corporation.
SRS Internet Holdings Ltd., 1177 West Loop South, Suite 1450, Houston,
TX 77024, a Texas limited partnership.
Canfield Corporation, CITCO Building, Attn.: Ms. Agnita Solomon,
Wickman's Cay, Road Town, Tortola, British Virgin Islands, a British
Virgin Islands corporation.
Daniel A. Breen, Jr., Partner, Brecco Holdings, Inc. 700 Louisiana,
Suite 2410 Houston, TX 77002 P.O. Box 61509 Houston, TX 77208, a
citizen of TX.
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<PAGE>
Windmill Capital, L.P., 700 Louisiana, Suite 2410 Houston, TX 77002
P.O. Box 61509 Houston, TX 77208, a Texas limited partnership.
John R. Jakobson, Private Investor, 900 Third Avenue, 27th Floor New
York, NY 10022, a citizen of NY.
Robert L. Burch III, Private Investor, One Rockefeller Plaza, Room 302
New York, NY 10020, a citizen of NY.
Finger Interests Number One, Ltd., 520 Post Oak Blvd., Suite 750
Houston, TX 77027, a Texas limited partnership.
KA Ltd., 2410 Locke Lane Houston, TX 77019, a Texas limited
partnership.
OFH, Ltd., 3900 Essex, Suite 1010 Houston, TX 77027, a Texas limited
partnership.
Rush H. Record, Retired, 2500 First City Tower 1001 Fannin Street
Houston, TX 77002, a citizen of TX.
Preston Moore, Jr., Private Investor, One Riverway, Suite 1400 Houston,
TX 77056, a citizen of TX.
A. John Knapp, Trustee, for the benefit of Andover/IJNT, L.P., Retired,
Andover Group Incorporated, c/o Travis, Suite 2205, Houston, TX 77002,
a citizen of TX.
Alan C. King for the Benefit of Allan Carlisle and Gloria Goldston King
Revocable Trust, 800 Bering Drive, Suite 305 Houston, TX 77057, a
citizen of TX.
Harold S. Hook, Retired, 2727 Allen Parkway, Suite 1601 Houston, TX
77019-2125, a citizen of TX.
J. Evans Attwell, Retired, 3415 First City Tower 1001 Fannin Street
Houston, TX 77002, a citizen of TX.
Richard H. Skinner, Retired, Bank One Center 910 Travis, Suite 1960
Houston, TX 77002, a citizen of TX.
Sunlaws Limited, Bank One Center 910 Travis, Suite 1960 Houston, TX
77002, a Texas limited partnership.
DE-LR Partners, L.P., 600 Travis Street, Suite 6100 Houston, TX
77002-3007, a Texas limited partnership.
Charles W. Duncan III, Private Investor, 600 Travis Street, Suite 6100
Houston, TX 77002-3007, a citizen of TX.
Michael J. Hay, Private Investor, 600 Travis Street, Suite 6100
Houston, TX 77002-3007, a citizen of TX.
James H. Pearson, Attorney, 4028 Overbrook, Houston TX 77027, a citizen
of TX.
Robert S. Conte, Physician, Corporate Healthcare Management, 11
Charleston South Sugarland, TX 77478, a citizen of TX.
Jamey Fleck, Account Manager, Intel Corporation, 14 North Cheska Lane
Houston, TX 77024, a citizen of TX.
James W. McCartney, Private Investor, 1001 Fannin Street, Suite 2640,
Houston, TX 77002, a citizen of TX.
Daniel C. Arnold, Private Investor, 1001 Fannin Street, Suite 720,
Houston, TX 77002, a citizen of TX.
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<PAGE>
Arnold 1997 Limited Partnership, 1001 Fannin Street, Suite 720,
Houston, TX 77002, a Texas limited partnership.
Eugene C. McColley, Investment Banker, Bathgate McColley Capital Group,
5350 South Roslyn Street, #380, Englewood CO 80111, a citizen of CO.
George Johnson, Executive, Fiserv, 6 Churchill Drive, Englewood CO
80110, a citizen of CO.
Richard Huebner, Executive, Fiserv, 16318 E. Berry Avenue, Aurora, CO
80015, a citizen of CO.
Virginia Stevens McDonald, Private Investor, for the benefit of The
Virginia Stevens McDonald Revocable Living Trust, 6044 E. Briarwood
Drive, Englewood CO 80112, a citizen of CO.
Robert D. Nostrand, Real Estate Investor and Developer, RDN Properties,
288 Clayton Street, Suite 204, Denver CO 80206, a citizen of CO.
Jim Rubin, Real Estate Developer, 51 East 42nd Street #516, New York,
NY 10017, a citizen of NY.
Kathleen M. Mayo, Institutional Sales, Montgomery Securities, for the
benefit of The Kathleen M. Mayo Trust, 835 Augusta Drive, Moraga, CA
94556, a citizen of CA.
Steven M. Bathgate, Investment banker, Bathgate McColley Investment
Group, 5350 South Roslyn Street, #380, Englewood CO 80111, a citizen of
CO.
James Edgar McDonald, Private Investor, for the benefit of The James
Edgar McDonald Revocable Living Trust, 6044 E. Briarwood Drive,
Englewood CO 80112, a citizen of CO.
FCS C/FBO Fred DuBoc IRA, Money Manager, 1125 17th Street, Suite 1700,
Denver, CO 80202, a citizen of CO.
Robert M. Nieder, Private Investor, 8 Glenmoor Circle, Englewood CO,
80110-7121, a citizen of CO.
RichMay Ventures IV, 176 Federal Street, Boston MA, 02110-2223, a
Massachusetts partnership.
Tim D. Relyea, Executive Vice President, Cushman Realty Corp., 2800
Post Oak Blvd., Suite 5300, Houston, TX 77056-6111, a citizen of TX.
To the knowledge of each Reporting Person with respect to itself, none
of the foregoing Reporting Persons has been convicted in a criminal proceeding
during the last five years, nor has any of the Reporting Persons been subject to
a civil judgment, decree or final order enjoining future violations of, or
prohibiting or mandating activities subject to federal or state securities laws,
or finding any violation with respect to such laws.
Information regarding the General Partners, Executive Officers and
Directors of those Reporting Persons that are limited partnerships or
corporations and for such General Partners that are corporations, is provided in
Exhibit II to this Schedule 13D and is hereby incorporated by reference.
Please note that none of the Reporting Persons individually is the
beneficial owner of more than five percent (5%) of the Securities and this
Schedule 13D is being filed solely as a precautionary matter pursuant to Rule
13d-5(b)(1) due to the contemporaneous purchase of securities pursuant to the
Agreement. The Reporting Persons do not contemplate further amendments to this
Schedule 13D in the event any one or more Reporting Persons individually
purchases additional Securities of the Company except to the extent such
purchases are material. Such additional purchases would not be subject to the
Agreement and, to the extent that a "group" exists as defined in said Rule
13d-5(b)(1), any such Securities would not be subject to the
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PAGE 46
<PAGE>
terms and conditions of the Agreement and would not relate to the Securities
owned by any such "group". In the event any Reporting Person individually were
to acquire more than five percent (5%) of the beneficial ownership in the
Securities of the Company, including any shares purchased pursuant to the
Agreement, that Reporting Person would be responsible for filing its own
individual report on Schedule 13D or, if applicable, Schedule 13G.
Item 3. Source and Amount of Funds or Other Consideration
The Reporting Persons used an aggregate amount of approximately
$7,975,000 to purchase the Securities reported as beneficially owned in Item 5
below. Those Reporting Persons that are individuals used Personal Funds to
finance the purchase of the securities. Those Reporting Persons that are
Corporations, Partnerships or other business entities used Working Capital to
finance the purchase of the securities. Those Reporting Persons that are
trustees used the funds of the trust to finance the purchase of the securities.
None of the Reporting Persons borrowed any funds in order to pay the purchase
price of the securities.
The following is a list of Reporting Persons who owned shares of the
issuer prior to the purchase that has led to the filing of this schedule. As
this filing is made on behalf of the Reporting Persons as a result of their
connection through the Agreement and these prior purchased shares are not
subject to the rights granted under the Agreement, these shares have not been
included in the calculation of beneficial ownership for the purposes of Item 5
of this Schedule 13D.
REPORTING PERSON SHARES
J. Evans Attwell 20,000*
Richard Skinner 5,000
Sunlaws Limited 5,000
Robert Conte 16,000
Rush Record 5,000
- ---------------
* Mr. Attwell purchased 10,000 shares on his own behalf, and 10,000 shares for
the benefit of an IRA in his name.
Item 4. Purpose of Transaction
Each of the Reporting Persons has purchased and holds the Securities
reported by it for investment for one or more accounts over which it has shared,
sole, or both investment and/or voting power, for its own account.
Other than as described within this item, none of the Reporting Persons
has any present plans or proposals which relate to or would result in any
transaction, change or event specified in clauses (a) through (j) of Item 4 of
the Schedule 13D. As described in Exhibit I, which contains a summary of the
collective rights of the Reporting Persons under the Agreement, the Reporting
Persons, as shareholders, will be entitled to designate one director for the
Board of Directors of the Company in accordance with the Agreement. The identity
of such director has not yet been decided.
Item 5. Interest In Securities Of The Issuer
(a) The aggregate number and percentage of Securities to which this
Schedule 13D relates is 1,993,750 shares and warrants for 498,437.50 shares*,
the issued shares representing 10.07% of the 19,793,681 outstanding shares of
the issuer, this number being equal to the number of shares outstanding as of
December 22,1999 in addition to those being issued to the Reporting Persons
following the closing of the Agreement. The Reporting Persons beneficially own
those Securities as follows:
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<PAGE>
<TABLE>
<CAPTION>
Shares of % of
Common Class of
Name Stock Warrants* Common**
<S> <C> <C> <C>
Crest Financial Limited: 187,500 46,875 0.9%
Legacy Trust Company: 187,500 46,875 0.9%
SRS Internet Holdings Ltd. 100,000 25,000 0.5%
Canfield Corporation 25,000 6,250 0.1%
Daniel A. Breen, Jr 3 7,500 9,375 0.2%
Windmill Capital, L.P. 250,000 62,500 1.3%
John R. Jakobson 25,000 6,250 0.1%
Robert L. Burch III 25,000 6,250 0.1%
Finger Interests Number
One, Ltd. 25,000 6,250 0.1%
KA Ltd. 12,500 3,125 0.1%
OFH, Ltd. 87,500 21,875 0.4%
Rush H. Record 12,500 3,125 0.1%
Preston Moore, Jr. 25,000 6,250 0.1%
A. John Knapp, Trustee, for the 50,000 12,500 0.3%
Benefit of Andover/IJNT, L.P.
Allan Carlisle and Gloria
Goldston King Revocable Trust 100,000 25,000 0.5%
Harold S. Hook 62,500 15,625 0.3%
J. Evans Attwell 75,000 18,750 0.4%
Richard H. Skinner 25,000 6,250 0.1%
Sunlaws Limited 50,000 12,500 0.3%
DE-LR Partners, L.P. 200,000 50,000 1.0%
Charles W. Duncan III 25,000 6,250 0.1%
Michael J. Hay 6,250 1,562.5 0.0%
James H. Pearson 25,000 6,250 0.1%
Robert S. Conte, M.D., M.P.H. 25,000 6,250 0.1%
Jamey Fleck 25,000 6,250 0.1%
James W. McCartney 25,000 6,250 0.1%
Daniel C. Arnold 25,000 6,250 0.1%
Arnold 1997 Limited Partnership 25,000 6,250 0.1%
Eugene C. McColley 25,000 6,250 0.1%
George Johnson 25,000 6,250 0.1%
</TABLE>
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PAGE 48
<PAGE>
<TABLE>
<S> <C> <C> <C>
Richard Huebner 12,500 3,125 0.1%
The Virginia Stevens McDonald 12,500 3,125 0.1%
Revocable Living Trust
Robert D. Nostrand 25,000 6,250 0.1%
Jim Rubin 12,500 3,125 0.1%
Kathleen M. Malo Trust 12,500 3,125 0.1%
Steven M. Bathgate 25,000 6,250 0.1%
The James Edgar McDonald
Revocable Living Trust 12,500 3,125 0.1%
FCS C/FBO Fred DuBoc IRA 25,000 6,250 0.1%
Robert M. Nieder 12,500 3,125 0.1%
RichMay Ventures IV 25,000 6,250 0.1%
Tim Relyea 25,000 6,250 0.1%
</TABLE>
- --------------------------
* The Reporting Persons have elected to disclose the amounts of warrants for
common stock in the Company each currently possesses pursuant to the
Agreement. However, under SEC Rule 13d-3(d)(1)(I)(A) a person is only deemed
to be a beneficial owner of securities they have the right to acquire through
the exercise of a warrant where the warrant is exercisable within sixty days.
Since the warrants are not currently exercisable within sixty days of the
filing of this Schedule 13D, the shares the Reporting Persons have a right to
acquire through the exercise of the warrants listed above are not deemed
currently beneficially owned by the Reporting Persons and are thus not
included in the calculation of percentages. The exercise price of the
warrants is $9.8792 per share.
** These percentages are rounded to the nearest tenth of a percentage, pursuant
to the SEC Schedule 13D instructions. Therefore, both 12,500 shares and 25,000
shares appear on the chart as 0.1%, as 12,500 shares is equal to approximately
0.06% and 25,000 shares is equal to approximately 0.12%.
The filing of this Schedule 13D shall not be construed as an admission
that any Reporting Person is, for the purposes of Section 13(d) or 13(g) of the
Securities Exchange Act, the beneficial owner of any securities covered in this
Schedule 13D.
(b) Each of the Reporting Persons has the sole power to vote or direct
the vote and sole power to dispose or to direct the disposition of the
Securities reported for it for its own benefit.
(c) To the knowledge of each Reporting Person with respect to itself,
except for purchases pursuant to the Agreement, there has been no purchase of
the Company's Common Stock by the Reporting Persons during the past sixty days.
(d) Not applicable.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to
Securities of the Issuer
The Reporting Persons have entered into the Agreement with the Issuer.
The portions of the Agreement which provide collective rights to the Reporting
Persons are attached hereto as Exhibit I. As set forth in Exhibit I, under the
Agreement, the Reporting Persons have the right to designate one director for
the Company's Board of Directors.
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PAGE 49
<PAGE>
Item 7. Material to be Filed as an Exhibit
Exhibit I - containing relevant portions of the Agreement.
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PAGE 50
<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.*
* This Schedule 13D is being jointly filed in accordance with Rule 13d-l(k)(1).
In accordance with such Rule, by executing above, each of the Reporting Persons
acknowledges that the Schedule 13D is being filed on behalf of all the Reporting
Persons. Each Reporting Person, however, is responsible for the completeness and
accuracy of the information provided herein with respect to itself and no
Reporting Person is responsible for the completeness and accuracy of the
information provided herein with respect to any other Reporting Person, except
to the extent it knows, or has reason to believe, such information is
innaccurate.
Dated: January 10, 2000
CREST FINANCIAL LIMITED
By: Crest Investment Company
General Partner
/s/ Joseph Peacock
By: ___________________________________
Joseph Peacock, Vice President
LEGACY TRUST COMPANY
/s/ Ned Naumes
By: ___________________________________
Ned Naumes, President
SRS INTERNET HOLDINGS LTD.
/s/ Masoud Ladjevardian
By: ___________________________________
President, Sierra Advisory,
General Partner of SRS
Its: __________________________________
CANFIELD CORPORATION
/s/ Nicola Gillespie and Daphne
Wattley
Tortola Corporation
Company Limited
By: ___________________________________
Director
Its: __________________________________
DANIEL A. BREEN, JR
/s/ Daniel Breen Jr.
_______________________________________
WINDMILL CAPITAL, L.P.
/s/ Daniel Breen Jr.
By: ___________________________________
President of Breeco Holdings,
Inc., General Partner of Breeco
Management, L.P., General
Partner of Windmill Capital, L.P.
Its: __________________________________
JOHN R. JAKOBSON
/s/ John Jakobson
_______________________________________
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<PAGE>
ROBERT L. BURCH III
/s/ Robert L. Burch III
______________________________________
FINGER INTERESTS NUMBER ONE, LTD.
/s/ Jonathan Finger
By: __________________________________
General Partner
Its: _________________________________
K.A. LIMITED
/s/ Kirby Attwell
By: __________________________________
General Partner
Its: _________________________________
OFH, LTD.
/s/ O. Holcombe Crosswell
By: __________________________________
General Partner
Its: _________________________________
RUSH H. RECORD
/s/ Rush H. Record
______________________________________
PRESTON MOORE, JR.
/s/ Preston Moore, Jr.
______________________________________
A. JOHN KNAPP, TRUSTEE for the benefit of
Andover/IJNT, L.P.
/s/ A. John Knapp
______________________________________
ALLAN CARLISLE AND GLORIA GOLDSTONE KING
REVOCABLE TRUST
/s/ Allan C. King
By: __________________________________
Trustee
Its: _________________________________
HAROLD S. HOOK
/s/ Harold Hook
______________________________________
J. EVANS ATTWELL
/s/ J. Evans Attwell
______________________________________
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<PAGE>
RICHARD H. SKINNER
/s/ Richard Skinner
______________________________________
SUNLAWS LIMITED
/s/ Richard Skinner
By: __________________________________
General Partner
Its: _________________________________
DE-LR PARTNERS, L.P.
/s/ Charles W. Duncan III.
By: __________________________________
General Partner
Its: _________________________________
CHARLES W. DUNCAN III
/s/ Charles W. Duncan III.
______________________________________
MICHAEL J. HAY
/s/ Michael Hay
______________________________________
JAMES H.PEARSON
/s/ James Pearson
______________________________________
ROBERT S. CONTE, M.D., M.P.H
/s/ Robert Conte
______________________________________
JAMEY FLECK
/s/ Jamey Fleck
______________________________________
JAMES W. MCCARTNEY
/s/ James McCartney
______________________________________
DANIEL C. ARNOLD
/s/ Daniel Arnold
______________________________________
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PAGE 53
<PAGE>
ARNOLD 1997 LIMITED PARTNERSHIP
/s/ Daniel Arnold
By: __________________________________
General Partner
Its: _________________________________
EUGENE C. MCCOLLEY
/s/ Eugene McColley
______________________________________
GEORGE JOHNSON
/s/ George Johnson
______________________________________
RICHARD HUEBNER
/s/ Richard Huebner
______________________________________
THE VIRGINIA STEVENS MCDONALD REVOCABLE
LIVING TRUST
/s/ Virginia Stevens McDonald
By:__________________________________
Trustee
Its: _________________________________
ROBERT D. NOSTRAND
/s/ Robert D. Nostrand
______________________________________
JIM RUBIN
/s/ Jim Rubin
______________________________________
KATHLEEN M. MALO TRUST
/s/ Kathleen Malo
By: __________________________________
Trustee
Its: _________________________________
STEVEN M. BATHGATE
/s/ Steven Bathgate
______________________________________
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<PAGE>
THE JAMES EDGAR MCDONALD REVOCABLE
LIVING TRUST
/s/ James Edgar McDonald
By: __________________________________
Trustee
Its: _________________________________
FCS C/FBO FRED DUBOC IRA
/s/ Fred DuBoc
By: __________________________________
ROBERT M. NIEDER
/s/ Robert Nieder
______________________________________
RICHMAY VENTURES IV
/s/ Emmett Lyne
By: __________________________________
Managing Partner
Its: _________________________________
TIM D. RELYEA
/s/ Tim Relyea
______________________________________
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PAGE 55
<PAGE>
EXHIBIT I
Pursuant to the Common Stock Purchase and Subscription Agreement
("Agreement"), the Company issued to 41 investors ("Investors") a total of
1,993,750 shares of its Common Stock ("Purchased Shares") for an aggregate
consideration of $7,975,000 and warrants to purchase an additional 498,437.5
shares of its Common Stock at a price of $9.8792 per share. The initial
closing for the Agreement occurred on January 4, 2000, and was thereafter
extended through Monday, January 10, 2000 in order that the composition of
the Investors and the amount of their investments could be finalized. The
identities of the final Investors and the amounts of their respective
investments were not finalized until January 10, 2000.
The Agreement provides for the several, but not joint, acquisition of
the Purchased Shares by the Investors and was executed by the Investors
individually and not as a group. The Agreement provides certain rights to all of
the Investors as described below.
Section 1.3 of the Agreement provides for the contingent issuance of
additional shares as follows:
SECTION 1.3. CONTINGENT ISSUANCE OF ADDITIONAL PURCHASED
SHARES AND WARRANTS. In the event that at any time during the four (4)
months period commencing on the first anniversary of the Closing Date,
the average bid price per share of the Company's Common Stock for
fifteen (15) consecutive trading days shall be less than $4.00 per
share, then the Company shall promptly (but in no event later than ten
(10) days following the triggering date) issue to the Investors
additional shares ("Additional Purchased Shares") in an amount
necessary to make up the difference between $4.00 per share and the
average bid price per share. The formula for determining the number of
Additional Purchased Shares to be issued to each Investor under this
Section 1.3 shall be as follows: (a) four (4) divided by said average
bid price per share (b) multiplied by the number of Purchased Shares
purchased by such Investor (c) minus the number of Purchased Shares
purchased by such Investor. Such Additional Purchased Shares shall not
be subject to reclamation by the Company in the event the average bid
price per share of the Company's Common Stock subsequently increases to
$4.00 or above. The Investors shall not take any affirmative actions
designed to reduce the average bid price per share of the Company's
Common Stock in order to trigger the issuance of Additional Purchased
Shares contemplated in this Section 1.3.
Section 3.5 of the Agreement provides for Board of Directors observer
rights as follows:
SECTION 3.5. OBSERVER TO THE BOARD OF DIRECTORS. Effective
upon the Closing, the Investors shall have the right to designate a
person (and an alternate to act in the case the original cannot) who
will be appointed to the Company's Board of Directors as an observer,
to receive notices of, and be permitted to attend and observe (but not
participate in any manner), all meetings of the Company's Board of
Directors and any committee thereof; provided that the Company will
reimburse said observer for all costs reasonably incurred in attending
any such meetings (including air travel and lodging cost).
Section 4.5 of the Agreement provides certain additional protective
rights for the Investors as follows:
SECTION 4.5. CERTAIN SALES OF ADDITIONAL SECURITIES. (a) The
Company hereby covenants and agrees that it shall not, during the two
year period following the Closing Date offer, issue or sell any (i)
shares of capital stock (including common or preferred shares) of the
Company, (ii) securities convertible into or carrying any rights to
purchase capital stock of the Company, or (iii) options, warrants or
other rights to subscribe for, purchase or otherwise acquire any
capital stock of the Company on terms as favorable or more favorable
than the terms set forth in this Agreement, without the advance
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<PAGE>
written consent of the holders of at least two-thirds of the Purchased
Shares of the Investors. Each Investor shall have the right to elect to
purchase a number of the shares so offered by the Company based on the
ratio which the Common Stock of the Company owned by the Investor or
obtainable by said Investor upon exercise of the Warrants owned by
him/her bears to all the issued and outstanding shares of Common Stock
of the Company, including shares of Common Stock issuable upon exercise
of the Warrants or other convertible securities. The Company's offer to
the Investors shall remain open and irrevocable for a period of seven
(7) days. Promptly upon the expiration of such seven (7) day period,
the Company shall, in writing, inform each Investor which elects to
purchase all the securities available to it of any other Investor's
failure to do likewise. During the ten (10) day period commencing after
the receipt of such information, each fully exercising Investor shall
have the right to elect to purchase up to its proportionate share of
the securities not subscribed for by the other Investors based on the
ratio which the Common Stock of the Company owned by the fully
exercising Investor or obtainable by said Investor upon the exercise of
the Warrants owned by him/her bears to the Common Stock of the Company
owned by, or obtainable upon the exercise of the Warrants owned by, all
fully exercising Investors who desire to purchase certain of the
unsubscribed for securities.
(b) Notwithstanding paragraph (a) above, the Company
may from the date hereof issue shares of Common Stock, warrants, or
options to purchase Common Stock to directors, officers, employees or
consultants of the Company in connection with their service as
directors of the Company, their employment by the Company or their
retention as consultants by the Company pursuant to a stock option
plan, special grant or employment agreement approved in advance by the
Board of Directors of the Company, provided that in no event shall the
shares available for such stock option plan, special grants or
employment agreements (including any shares related to any stock option
plan, special grants or employment agreements offered by any
subsidiaries of the Company) following the Closing Date exceed in the
aggregate fifteen (15%) percent of the issued and outstanding shares of
Common Stock on a fully diluted basis assuming the exercise of all of
the Warrants, any conversion rights of the Series A Preferred Stock and
any other similar rights to the Common Stock.
(c) Notwithstanding paragraph (a) above, the Company
may contemporaneously sell to parties other than the Investors not more
than 500,000 shares of Common Stock at a price of not less than four
dollars ($4.00) per share, provided that the sale of such additional
500,000 shares of Common Stock shall be closed before January 4, 2000.
Section 4.8 provides for certain Board of Directors representation
rights for the Investors as follows:
SECTION 4.8. BOARD REPRESENTATIVES. The Company has
represented to the Investors that it is, and will be, the Company's
policy to create as soon as feasible (subject to stockholder approval)
a Board of Directors, the majority of whom are independent outside
directors. In this connection, upon the request of two-thirds of the
Investors, the Company shall have a representative of the Investors (as
selected by the Investors) elected to the Board of Directors of the
Company subject to Board approval within one hundred twenty (120) days
of the Closing hereunder. The Board shall not unreasonably delay or
withhold its approval of a Director proposed by the Investors. Upon the
request of two-thirds of the Investors, the Company shall include a
representative of the Investors (as selected by the Investors) on
management's slate of nominees for Directors in each year so long as
the Investors, in the aggregate, own at least one-half of the number of
Purchased Shares originally purchased hereunder.
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EXHIBIT II
INFORMATION WITH RESPECT TO GENERAL PARTNERS, EXECUTIVE OFFICERS AND DIRECTORS
FOR THOSE REPORTING PERSONS THAT ARE LIMITED PARTNERSHIPS AND CORPORATIONS.
The following sets forth the general partners, executive officers and
directors for those Reporting Persons that are either limited partnerships or
corporations, and the general partners, executive officers and directors for
those general partners that are limited partnerships or corporations, pursuant
to Instruction C for Schedule 13D and is incorporated by reference into Item 2
of Schedule 13D.
To the knowledge of each Reporting Person with respect to itself,
none of the following listed persons has been convicted in a criminal
proceeding during the last five years, nor has any of the Reporting Persons
been subject to a civil judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject to federal or
state securities laws, or finding any violation with respect to such laws.
CREST FINANCIAL LIMITED, A TEXAS LIMITED PARTNERSHIP, 600 TRAVIS STREET, SUITE
6800 HOUSTON, TX 77002
General Partner:
Crest Investment Company, a Texas Corporation, 600 Travis
Street, Suite 6800 Houston, TX 77002
Officers:
Dees Osborn, President, 600 Travis Street,
Suite 6800 Houston, TX 77002, citizen of
Texas
Joseph W. Peacock, Vice President, 600
Travis Street, Suite 6800 Houston, TX 77002,
citizen of Texas
Bernice Holland, Secretary, 600 Travis
Street, Suite 6800 Houston, TX 77002,
citizen of Texas
Marie Vajdek, Assistant Secretary, 600
Travis Street, Suite 6800 Houston, TX 77002,
citizen of Texas
Director:
Jamal Daniel, 600 Travis Street, Suite 6800
Houston, TX 77002, a citizen of Texas
LEGACY TRUST COMPANY, a Texas corporation, 600 Jefferson Street, Suite 350,
Houston TX 77002
Directors:
Edward R Naumes, c/o Legacy Trust Company, 600 Jefferson
Street, Suite 350, Houston TX 77002, citizen of Texas
Harry H. Cullen, c/o Legacy Trust Company, 600 Jefferson
Street, Suite 350, Houston TX 77002, citizen of Texas
Isaac Arnold, c/o Legacy Trust Company, 600 Jefferson Street,
Suite 350, Houston TX 77002, citizen of Texas
Harris Kempner, c/o Legacy Trust Company, 600 Jefferson
Street, Suite 350, Houston TX 77002, citizen of Texas
Champion Traylor, c/o Legacy Trust Company, 600 Jefferson
Street, Suite 350, Houston TX 77002, citizen of Texas
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Officers:
Edward R, Naumes, President and Chief Executive Officer,
Legacy Trust Company, 600 Jefferson Street, Suite 350, Houston
TX 77002, citizen of Texas
Gary Hippenstiel, Chief Investment Officer, Legacy Trust
Company, 600 Jefferson Street, Suite 350, Houston TX 77002,
citizen of Texas
Glen Francis, Chief Operations Officer, Legacy Trust Company,
600 Jefferson Street, Suite 350, Houston TX 77002, citizen of
Texas
SRS INTERNET HOLDINGS, LTD., a Texas limited partnership, 1177 West Loop South,
Suite 1450, Houston, TX 77024
General Partner:
Sierra Advisory, L.L.C., a Texas limited liability company,
1177 West Loop South, Suite 1450, Houston, TX 77024
Officer:
Masoud Ladjevardian, President, 1177 West Loop South,
Suite 1450, Houston, TX 77024, citizen of Texas
Director:
Masoud Ladjevardian, 1177 West Loop South, Suite
1450, Houston, TX 77024, citizen of Texas
WINDMILL CAPITAL, L.P., a Texas limited partnership, 700 Louisiana, Suite 2410
Houston, TX 77002 P.O. Box 61509 Houston, TX 77208
General Partner:
Breeco Management, L.P., a Delaware limited partnership, 700
Louisiana, Suite 2410 Houston, TX 77002 P.O. Box 61509
Houston, TX 77208
General Partner:
Breeco Holdings, Inc., a Texas corporation,
700 Louisiana, Suite 2410 Houston, TX 77002
P.O. Box 61509 Houston, TX 77208
Officers:
Daniel Breen, President,
700 Louisiana, Suite 2410
Houston, TX 77002 P.O. Box
61509 Houston, TX 77208,
citizen of Texas
Director:
Daniel Breen, 700
Louisiana, Suite 2410
Houston, TX 77002 P.O. Box
61509 Houston, TX 77208,
citizen of Texas
KA LTD., a Texas limited partnership, 2410 Locke Lane Houston, TX 77019
General Partner:
Kirby Attwell, 2410 Locke Lane Houston, TX 77019, citizen of Texas
OFH, LTD., a Texas limited partnership, 3900 Essex, Suite 1010 Houston, TX 77027
General Partners:
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O. Holcombe Crosswell, 3900 Essex, Suite 1010 Houston, TX
77027, citizen of Texas
Griggs Corporation, a Texas corporation, 3900 Essex, Suite
1010 Houston, TX 77027
Officers:
O. Holcombe Crosswell, President, 3900
Essex, Suite 1010 Houston, TX 77027, citizen
of Texas
Directors:
O. Holcombe Crosswell, 3900 Essex, Suite
1010 Houston, TX 77027, citizen of Texas
SUNLAWS LIMITED, a Texas limited partnership, Bank One Center 910 Travis, Suite
1960 Houston, TX 77002
General Partners:
Richard Skinner, Bank One Center 910 Travis, Suite 1960
Houston, TX 77002, citizen of Texas
Gloria H. Skinner, Bank One Center 910 Travis, Suite 1960
Houston, TX 77002, citizen of Texas
DE-LR PARTNERS, L.P., a Texas limited partnership, 600 Travis Street, Suite 6100
Houston, TX 77002-3007
General Partners:
Michael Hay, 600 Travis Street, Suite 6100 Houston, TX
77002-3007, citizen of Texas
Duncan Equities, Inc., a Texas corporation, 600 Travis Street,
Suite 6100 Houston, TX 77002-3007
Officers:
Charles W. Duncan, Jr., Chairman of the
Board, 600 Travis Street, Suite 6100
Houston, TX 77002-3007, citizen of Texas
Charles W. Duncan, III, President and
Assistant Secretary, 600 Travis Street,
Suite 6100 Houston, TX 77002-3007, citizen
of Texas
Michael Hay, Vice President, Secretary and
Assistant Treasurer, 600 Travis Street,
Suite 6100 Houston, TX 77002-3007, citizen
of Texas
Robert J. Faust, Vice President and
Treasurer, 600 Travis Street, Suite 6100
Houston, TX 77002-3007, citizen of Texas
Directors:
Charles W. Duncan, Jr., 600 Travis Street,
Suite 6100 Houston, TX 77002-3007, citizen
of Texas
Charles W. Duncan, III, 600 Travis Street,
Suite 6100 Houston, TX 77002-3007, citizen
of Texas
Michael Hay, 600 Travis Street, Suite 6100
Houston, TX 77002-3007, citizen of Texas
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Robert J. Faust, 600 Travis Street, Suite
6100 Houston, TX 77002-3007, citizen of
Texas
ARNOLD 1997 LIMITED PARTNERSHIP, a Texas limited partnership, 1001 Fannin
Street, Suite 720, Houston, TX 77002
General Partners:
Daniel C. Arnold, 1001 Fannin Street, Suite 720, Houston, TX
77002, citizen of Texas
Beverly B. Arnold, 1001 Fannin Street, Suite 720, Houston, TX
77002, citizen of Texas
CANFIELD CORPORATION, a British Virgin Islands corporation, CITCO Building,
Wickman's Cay, Road Town, Tortola British Virgin Islands, attn.: Ms. Agnita
Solomon
Director:
Tortola Corporation Company Limited, a British Virgin Islands
corporation, CITCO Building, Wickman's Cay, Road Town, Tortola
British Virgin Islands
Directors:
Kariem Abdellatif, CITCO Building, Wickman's
Cay, Road Town, Tortola British Virgin
Islands
Fay Roberts, CITCO Building, Wickman's Cay,
Road Town, Tortola British Virgin Islands
Officers:
Harriette Skelton, Secretary, CITCO
Building, Wickman's Cay, Road Town, Tortola
British Virgin Islands
Daphne Wattley, Assistant Secretary, CITCO
Building, Wickman's Cay, Road Town, Tortola
British Virgin Islands
FINGER INTERESTS NUMBER ONE, LTD., a Texas limited partnership, 520 Post Oak
Blvd., Suite 750 Houston, TX 77027
General Partners:
Jerry Finger, 520 Post Oak Blvd., Suite 750 Houston, TX 77027,
a citizen of Texas
Jonathan Finger, 520 Post Oak Blvd., Suite 750 Houston, TX
77027, a citizen of Texas
Nannett Finger, 520 Post Oak Blvd., Suite 750 Houston, TX
77027, a citizen of Texas
RICHMAY VENTURES IV, a Massachusetts partnership, 176 Federal Street, Boston,
Massachusetts 02110
Partners:
James M. Avery, 176 Federal Street, Boston, Massachusetts
02110 a MA citizen
James M. Behnke, 176 Federal Street, Boston, Massachusetts
02110 a MA citizen
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Daniel T. Clark, 176 Federal Street, Boston, Massachusetts
02110 a MA citizen
Stephen M. Kane, 176 Federal Street, Boston, Massachusetts
02110 a MA citizen
Nicolas A Kensington, 176 Federal Street, Boston,
Massachusetts 02110 a MA citizen
Eric J. Krathwohl, 176 Federal Street, Boston, Massachusetts
02110 a MA citizen
Walter L. Landergan, 176 Federal Street, Boston, Massachusetts
02110 a MA citizen
Emmett E. Lyne, 176 Federal Street, Boston, Massachusetts
02110, a MA citizen
Michael J. McHugh, 176 Federal Street, Boston, Massachusetts
02110 a MA citizen
Joseph F. Sullivan, 176 Federal Street, Boston, Massachusetts
02110, a MA citizen
Walter A. Wright, III, 176 Federal Street, Boston,
Massachusetts 02110 a MA citizen
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