LIVIAKIS FINANCIAL COMMUNICATIONS INC
SC 13G/A, 1999-01-11
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                                 UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549
                                       

                                 SCHEDULE 13G
                                       
                                       
                                       
                   UNDER THE SECURITIES EXCHANGE ACT OF 1934
                            (Amendment No.  1   )*
                                            
                                       
                                       
                          ONLINE SYSTEM SERVICES, INC.
            -------------------------------------------------------
                               (Name of Issuer)
                                       
                                       
                                       
                                       
                           Common Stock, no par value
            -------------------------------------------------------
                         (Title of Class of Securities)
                                       
                                       
                                       
                                       
                                   682731104
            -------------------------------------------------------
                                (CUSIP Number)
                                       

                               December 31, 1998
            -------------------------------------------------------
            (Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this schedule 
is filed: 

     [ ]  Rule 13d-1(b)

     [X]  Rule 13d-1(c)

     [ ]  Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).





<PAGE>   2
CUSIP NO.  682731104               SCHEDULE 13G        PAGE   2   OF  10   PAGES
         ---------------------                              -----    -----      

  (1)     NAMES OF REPORTING PERSONS                 
          S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS                
          Liviakis Financial Communications, Inc. 68-0311399
          ---------------------------------------------------------------------

  (2)     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*         (a)   [   ]
                                                                    (b)   [ X ]

          --------------------------------------------------------------------- 

  (3)     SEC USE ONLY

          ---------------------------------------------------------------------

  (4)     CITIZENSHIP OR PLACE OF ORGANIZATION                      
          California
          ---------------------------------------------------------------------

                       (5)     SOLE VOTING POWER                    
  NUMBER OF                    347,850    
   SHARES              --------------------------------------------------------
 BENEFICIALLY          (6)     SHARED VOTING POWER                  
  OWNED BY                     --   
    EACH               --------------------------------------------------------
  REPORTING            (7)     SOLE DISPOSITIVE POWER               
 PERSON WITH                   347,850
                       --------------------------------------------------------
                       (8)     SHARED DISPOSITIVE POWER             
                               --    
                       --------------------------------------------------------

  (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON         
          347,850
          ---------------------------------------------------------------------

 (10)     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
          SHARES*                                                         [ X ]

          ---------------------------------------------------------------------

 (11)     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
          7.3%
          ---------------------------------------------------------------------

 (12)     TYPE OF REPORTING PERSON*
          CO
          ---------------------------------------------------------------------
                    *SEE INSTRUCTIONS BEFORE FILLING OUT!


<PAGE>   3
CUSIP NO.  682731104               SCHEDULE 13G        PAGE   3   OF  10   PAGES
         ---------------------                              -----    -----      

  (1)     NAMES OF REPORTING PERSONS                 
          S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS                
          John M. Liviakis
          ---------------------------------------------------------------------

  (2)     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*         (a)   [   ]
                                                                    (b)   [ X ]

          --------------------------------------------------------------------- 

  (3)     SEC USE ONLY

          ---------------------------------------------------------------------

  (4)     CITIZENSHIP OR PLACE OF ORGANIZATION                      
          United States
          ---------------------------------------------------------------------

                       (5)     SOLE VOTING POWER                    
  NUMBER OF                    10,000    
   SHARES              --------------------------------------------------------
 BENEFICIALLY          (6)     SHARED VOTING POWER                  
  OWNED BY                     347,850
    EACH               --------------------------------------------------------
  REPORTING            (7)     SOLE DISPOSITIVE POWER               
 PERSON WITH                   10,000
                       --------------------------------------------------------
                       (8)     SHARED DISPOSITIVE POWER             
                               347,850
                       --------------------------------------------------------

  (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON         
          357,850
          ---------------------------------------------------------------------

 (10)     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
          SHARES*                                                         [ X ]

          ---------------------------------------------------------------------

 (11)     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
          8.1%
          ---------------------------------------------------------------------

 (12)     TYPE OF REPORTING PERSON*
          IN
          ---------------------------------------------------------------------
                    *SEE INSTRUCTIONS BEFORE FILLING OUT!


<PAGE>   4
CUSIP NO.  682731104               SCHEDULE 13G        PAGE   4   OF  10   PAGES
         ---------------------                              -----    -----      

  (1)     NAMES OF REPORTING PERSONS                 
          S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS                
          Renee A. Liviakis 
          ---------------------------------------------------------------------

  (2)     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*         (a)   [   ]
                                                                    (b)   [ X ]

          --------------------------------------------------------------------- 

  (3)     SEC USE ONLY

          ---------------------------------------------------------------------

  (4)     CITIZENSHIP OR PLACE OF ORGANIZATION                      
          United States
          ---------------------------------------------------------------------

                       (5)     SOLE VOTING POWER                    
  NUMBER OF                    --    
   SHARES              --------------------------------------------------------
 BENEFICIALLY          (6)     SHARED VOTING POWER                  
  OWNED BY                     347,850   
    EACH               --------------------------------------------------------
  REPORTING            (7)     SOLE DISPOSITIVE POWER               
 PERSON WITH                   --
                       --------------------------------------------------------
                       (8)     SHARED DISPOSITIVE POWER             
                               347,850    
                       --------------------------------------------------------

  (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON         
          347,850
          ---------------------------------------------------------------------

 (10)     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
          SHARES*                                                         [ X ]

          ---------------------------------------------------------------------

 (11)     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
          7.9%
          ---------------------------------------------------------------------

 (12)     TYPE OF REPORTING PERSON*
          IN
          ---------------------------------------------------------------------
                    *SEE INSTRUCTIONS BEFORE FILLING OUT!


<PAGE>   5
CUSIP NO.  682731104               SCHEDULE 13G        PAGE   5   OF  10   PAGES
         ---------------------                              -----    -----      

  (1)     NAMES OF REPORTING PERSONS                 
          S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS                
          Robert B. Prag
          ---------------------------------------------------------------------

  (2)     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*         (a)   [   ]
                                                                    (b)   [ X ]

          --------------------------------------------------------------------- 

  (3)     SEC USE ONLY

          ---------------------------------------------------------------------

  (4)     CITIZENSHIP OR PLACE OF ORGANIZATION                      
          United States
          ---------------------------------------------------------------------

                       (5)     SOLE VOTING POWER                    
  NUMBER OF                    31,150    
   SHARES              --------------------------------------------------------
 BENEFICIALLY          (6)     SHARED VOTING POWER                  
  OWNED BY                     347,850
    EACH               --------------------------------------------------------
  REPORTING            (7)     SOLE DISPOSITIVE POWER               
 PERSON WITH                   31,150
                       --------------------------------------------------------
                       (8)     SHARED DISPOSITIVE POWER             
                               347,850
                       --------------------------------------------------------

  (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON         
          379,000
          ---------------------------------------------------------------------

 (10)     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
          SHARES*                                                         [ X ]

          ---------------------------------------------------------------------

 (11)     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
          8.6%
          ---------------------------------------------------------------------

 (12)     TYPE OF REPORTING PERSON*
          IN
          ---------------------------------------------------------------------
                    *SEE INSTRUCTIONS BEFORE FILLING OUT!


<PAGE>   6
                                                                    Page 6 of 10

ITEM 1(a).  NAME OF ISSUER:

         Online System Services, Inc., a Colorado corporation

ITEM 1(b).  ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

         1800 Glenarm Place, 7th Floor
         Denver, Colorado 80202-3859

ITEM 2(a).  NAME(S) OF PERSON(S) FILING:

         Liviakis Financial Communications, Inc. ("LFC")
         John M. Liviakis ("JML")
         Renee A. Liviakis ("RAL")
         Robert B. Prag ("RBP")

         LFC, JML, RAL and RBP are filing this Amended Statement on Schedule 13G
         jointly pursuant to Rule 13d-1(k)(1). Attached to this Amended 
         Statement as Exhibit B is the Joint Filing Agreement of LFC, JML, RAL 
         and RBP pursuant to Rule 13d-1(k)(1)(iii).

ITEM 2(b).  ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:

         2420 "K" Street, Suite 220, Sacramento, California 95816

ITEM 2(c).  CITIZENSHIP:

         LFC is a California corporation. JML, RAL and RBP are citizens of the
         United States of America.

ITEM 2(d).  TITLE OF CLASS OF SECURITIES:

         Common Stock, no par value

ITEM 2(e).  CUSIP NUMBER:

         682731104

ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b) OR 13d-2(b) OR (c),
CHECK WHETHER THE PERSON FILING IS A:


         If this statement is filed pursuant to Rule 13d-1(c), 
         check this box   [x]



<PAGE>   7


                                                                    Page 7 of 10
ITEM 4.  OWNERSHIP.

         (a)      Amount beneficially owned:

                  LFC:     347,850 shares
                  JML:     357,850 shares
                  RAL:     347,850 shares
                  RBP:     379,000 shares

                  RBP reports the 347,850 shares owned by LFC as beneficially
                  owned by RBP but disclaims beneficial ownership of such
                  shares, except to the extent such beneficial ownership arises
                  out of his service as an officer and director of LFC. JML and
                  RAL, who are husband and wife and each of whom owns 50% of the
                  outstanding shares of LFC, report the 347,850 shares owned by
                  LFC as beneficially owned by each of them.

         (b) Percent of class:

                  LFC:     7.9%
                  JML:     8.1%
                  RAL:     7.9%
                  RBP:     8.6%

                  In each case, the percent of class is calculated based upon
                  the 4,061,164 shares of Common Stock that the Issuer advised
                  LFC was outstanding on November 13, 1998, adjusted for the
                  318,850 and 31,150 shares which the Issuer issued to LFC and
                  RBP, respectively, subsequent to November 13, 1998.

         (c) Number of shares as to which such person has:

                  (i)   Sole power to vote or direct the vote:

                           LFC:  347,850 shares
                           JML:   10,000 shares
                           RAL:     -0-  shares
                           RBP:   31,150 shares



<PAGE>   8

                                                                    Page 8 of 10

                  (ii) Shared power to vote or direct the vote:

                           LFC:      -0-   shares
                           JML:    347,850 shares
                           RAL:    347,850 shares
                           RBP:    347,850 shares*

                           *JML, RAL and RBP, in their capacity as officers and
                           directors of LFC, share the power to vote or direct
                           the vote of the shares owned by LFC.

                  (iii) Sole power to dispose or to direct the disposition of:

                           LFC:    347,850 shares
                           JML:     10,000 shares
                           RAL:       -0-  shares
                           RBP:     31,150 shares

                  (iv) Shared power to dispose or direct the disposition of:

                           LFC:      -0-   shares
                           JML:    347,850 shares
                           RAL:    347,850 shares
                           RBP:    347,850 shares*

                           *JML, RAL and RBP, in their capacity as officers and
                           directors of LFC, share the power to dispose or
                           direct the disposition of the shares owned by LFC.

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.




<PAGE>   9

                                                                    Page 9 of 10


ITEM 8.  IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.

         Not applicable.

ITEM 9.  NOTICE OF DISSOLUTION OF GROUP.

         Not applicable

ITEM 10. CERTIFICATIONS.

         By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not held for
the purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.


Dated: January 8, 1999                   LIVIAKIS FINANCIAL COMMUNICATIONS, INC.

                                         By:/S/JOHN M. LIVIAKIS
                                            --------------------------- 
                                            John M. Liviakis, President


                                            /S/JOHN M. LIVIAKIS
                                         ------------------------------    
                                               John M. Liviakis


                                            /S/RENEE A. LIVIAKIS
                                         ------------------------------
                                               Renee A. Liviakis


                                            /S/ROBERT B. PRAG
                                         -------------------------------
                                               Robert B. Prag











<PAGE>   10

                                                                   Page 10 of 10


                                   EXHIBIT "B"

                             JOINT FILING AGREEMENT

         Liviakis Financial Communications, Inc., John M. Liviakis, Renee A.
Liviakis and Robert B. Prag (collectively the "Parties" and individually a
"Party") hereby agree that they shall file a single statement on Schedule 13G
(as amended from time to time, the "Statement") with respect to their beneficial
ownership of shares of Common Stock (the "Securities") of Online System
Services, Inc., on behalf of and in satisfaction of the obligations of all
Parties and that they shall amend the Statement from time to time as required by
rules issued under the Securities Exchange Act of 1934, as amended.

         Each Party represents and warrants that such Party is eligible to use
Schedule 13G with respect to information regarding the Securities and agrees to
assume responsibility for the timely filing of the Statement and any amendments
thereto. Each of the Parties hereby assumes responsibility for the completeness
and accuracy of the information concerning such Party contained in the
Statement. No Party shall be responsible for the completeness and accuracy of
the information contained in the Statement concerning any other Party, unless
such Party knows or has reason to believe that such information is incomplete or
inaccurate. The execution of the Statement, or amendments thereto, by a Party
shall constitute a representation by such Party that the information concerning
such Party contained therein is complete and accurate and such Party neither
knows nor has any reason to believe that information concerning any other Party
contained therein is either incomplete or inaccurate.

         This Agreement may be executed in two or more counterparts, each of
which shall be deemed an original but together shall constitute one and the same
instrument.

         In Witness Whereof, the Parties have executed this Joint Filing
Agreement this eighth day of January, 1999.

                             LIVIAKIS FINANCIAL COMMUNICATIONS, INC.
                             By:/S/JOHN M. LIVIAKIS
                                ------------------------------
                                   John M. Liviakis, President

                                /S/JOHN M. LIVIAKIS
                             ---------------------------------
                                   John M. Liviakis
                                  
                                /S/RENEE A. LIVIAKIS
                             ---------------------------------   
                                   Renee A. Liviakis
                                   
                                /S/ROBERT B. PRAG
                             --------------------------------- 
                                   Robert B. Prag


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