SCHEDULE 13G
(RULE 13D-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED
PURSUANT TO RULE 13D-1(B), (C) AND (D) AND
AMENDMENTS THERETO FILED PURSUANT TO RULE 13D-2.
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. )*
5TH AVENUE CHANNEL CORP.
- --------------------------------------------------------------------------------
(Name of Issuer)
COMMON STOCK
- --------------------------------------------------------------------------------
(Title of Class of Securities)
316700103
- --------------------------------------------------------------------------------
(CUSIP Number)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d(c)
[ ] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
Page 1 of 4 Pages
<PAGE>
SCHEDULE 13G
- -------------------
CUSIP NO. 316700103
- -------------------
- ----------- --------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)
Melvin Rosen
###-##-####
- ----------- --------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
- ----------- --------------------------------------------------------------------
3 SEC USE ONLY
- ----------- --------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- ----------------------------- --------- ----------------------------------------
5 SOLE VOTING POWER
6,220,212
NUMBER OF --------- ----------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH --------- ----------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 6,220,212
--------- ----------------------------------------
8 SHARED DISPOSITIVE POWER
0
- ----------- --------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,220,212
- ----------- --------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
- ----------- --------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
47.25
- ----------- --------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IN
- ----------- --------------------------------------------------------------------
Page 2 of 4 Pages
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Item 1(a). Name of Issuer: 5th Avenue Channel Corp.
Item 1(b). Address of Issuer's Principal Executive Offices:
3957 NE 163rd Street
North Miami Beach, Florida 33160
Item 2(a). Name of Person Filing: Melvin Rosen
Item 2(b). Address of Principal Business Office or, if none, Residence:
3957 NE 163rd Street
North Miami Beach, Florida 33160
Item 2(c). Citizenship: United States
Item 2(d). Title of Class of Securities: Common Stock
Item 2(e). CUSIP Number:
Item 3 If this statement is filed pursuant to Rules 13d-1(b), or
13d-2(b), check whether the person filing is a: NOT APPLICABLE
Item 4. Ownership: See Items 5-11 on Cover Page
Item 5. Ownership of Five Percent or Less of a Class: NOT APPLICABLE
Item 6. Ownership of More than Five Percent on Behalf of Another
Person: NOT APPLICABLE
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent Holding
Company: NOT APPLICABLE
Item 8. Identification and Classification of Members of the Group: NOT
APPLICABLE
Page 3 of 4 Pages
<PAGE>
Item 9. Notice of Dissolution of Group: NOT APPLICABLE
Item 10. Certification: NOT APPLICABLE
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.
Dated: February 4, 2000 /s/ Melvin Rosen
------------------------------
Melvin Rosen
Page 4 of 4 Pages
