0000914760-01-500154.txt : 20011119
0000914760-01-500154.hdr.sgml : 20011119
ACCESSION NUMBER: 0000914760-01-500154
CONFORMED SUBMISSION TYPE: SC 13D/A
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20011106
GROUP MEMBERS: MANAGEMENT INSIGHTS, INC.
GROUP MEMBERS: ROBERT COATES
GROUP MEMBERS: SUZANNE COATES
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: MANAGEMENT INSIGHTS INC
CENTRAL INDEX KEY: 0001067443
STANDARD INDUSTRIAL CLASSIFICATION: []
FILING VALUES:
FORM TYPE: SC 13D/A
BUSINESS ADDRESS:
STREET 1: C/O KILGORE & KILGORE 3131 MCKINNEY AVE,
STREET 2: SUITE 700,
CITY: DALLAS
STATE: TX
ZIP: 75204-2471
MAIL ADDRESS:
STREET 1: C/O KILGORE & KILGORE
STREET 2: 3131 MCKINNEY AVENUE, SUITE 700
CITY: DALLAS
STATE: TX
ZIP: 75204-2471
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: EVOLVING SYSTEMS INC
CENTRAL INDEX KEY: 0001052054
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371]
IRS NUMBER: 841010843
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-54125
FILM NUMBER: 1775610
BUSINESS ADDRESS:
STREET 1: 9777 MT PYRAMID COURT
CITY: ENGLEWOOD
STATE: CO
ZIP: 80112
BUSINESS PHONE: 3038021000
MAIL ADDRESS:
STREET 1: 9777 MT PYRAMID COURT
CITY: ENGLEWOOD
STATE: CO
ZIP: 80112
SC 13D/A
1
m5050813da.txt
SCHEDULE 13D/A, NOVEMBER, 2001
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
--------------
AMENDMENT NO. 2 TO SCHEDULE 13G ON
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
EVOLVING SYSTEMS, INC.
--------------------------------------------------------------------------------
(Name of Issuer)
COMMON STOCK
--------------------------------------------------------------------------------
(Title of Class of Securities)
30049R100
--------------------------------------------------------------------------------
(CUSIP Number)
C. ROBERT COATES
14755 PRESTON ROAD, SUITE 525
DALLAS, TEXAS 75254
972-755-2100
--------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
NOVEMBER 5, 2001
--------------------------------------------------------------------------------
(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 which is the subject of this Schedule 13D, and is filing this
statement because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following
box: [ X ]
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("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).
SCHEDULE 13D
CUSIP No. 30049R100
-------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
Management Insights, Inc.
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
75-1730160
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (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
Texas
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF SHARES -0-
BENEFICIALLY ----------------------------------------------------
OWNED BY EACH 8 SHARED VOTING POWER
REPORTING PERSON 1,026,500
WITH ----------------------------------------------------
9 SOLE DISPOSITIVE POWER
-0-
----------------------------------------------------
10 SHARED DISPOSITIVE POWER
1,026,500
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,026,500
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.87%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
2
SCHEDULE 13D
CUSIP No. 30049R100
-------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
Robert Coates (1)
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
N/A
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
N/A
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF SHARES 8,400
BENEFICIALLY ----------------------------------------------------
OWNED BY EACH 8 SHARED VOTING POWER
REPORTING PERSON 1,026,500
WITH ----------------------------------------------------
9 SOLE DISPOSITIVE POWER
8,400
----------------------------------------------------
10 SHARED DISPOSITIVE POWER
1,026,500
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,034,900
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.94%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
(1) By virtue of their ownership of Management Insights, Inc., Robert Coates and
Suzanne Coates may be deemed to be the beneficial owners of the common stock of
Evolving Systems, Inc. directly owned by Management Insights, Inc.
3
SCHEDULE 13D
CUSIP No. 30049R100
-------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
Suzanne Coates (1)
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
N/A
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
N/A
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF SHARES -0-
BENEFICIALLY ----------------------------------------------------
OWNED BY EACH 8 SHARED VOTING POWER
REPORTING PERSON 1,026,500
WITH ----------------------------------------------------
9 SOLE DISPOSITIVE POWER
-0-
----------------------------------------------------
10 SHARED DISPOSITIVE POWER
1,026,500
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,026,500
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.87%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
(1) By virtue of their ownership of Management Insights, Inc., Robert Coates and
Suzanne Coates may be deemed to be the beneficial owners of the common stock of
Evolving Systems, Inc. directly owned by Management Insights, Inc.
4
SCHEDULE 13D
ITEM 1. SECURITY AND ISSUER
This Schedule 13D relates to the shares of common stock of
Evolving Systems, Inc., a Delaware corporation (the "Issuer"), whose principal
executive offices are located at 9777 Mt. Pyramid Court, Englewood, Colorado
80112.
ITEM 2. IDENTITY AND BACKGROUND
(a), (b) & (c)
This statement is filed by Management Insights, Inc., Robert
Coates and Suzanne Coates (hereinafter known as the "Reporting Persons").
Management Insights is principally engaged in the business of tax consulting.
Robert Coates and Suzanne Coates are the only shareholders of Management
Insights, Inc. Robert Coates is the President of Management Insights, Inc.
Suzanne Coates is Secretary of Management Insights, Inc. The address of
Management Insights, Inc. is 14755 Preston Road, Suite 525, Dallas, Texas 75254.
Robert Coates and Suzanne Coates are the only members of the Management
Insights, Inc. board of directors.
(d) & (e)
During the last five years, none of the Reporting Persons have
been (i) convicted in a criminal proceeding (excluding traffic violations or
similar misdemeanors); or (ii) a party to a civil proceeding of a judicial or
administrative body resulting in a judgment, decree or final order enjoining
future violations of, or prohibiting or mandating activities subject to, federal
or state securities laws, or finding any violations with respect to such laws.
(f) Management Insights, Inc. is a corporation duly incorporated
under the laws of the state of Texas. Robert Coates and Suzanne Coates are
United States citizens.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
The filing persons used cash to purchase the shares of common
stock. The amount of funds was approximately $5.6 million.
ITEM 4. PURPOSE OF TRANSACTION
The market value of the common stock of the Issuer has been steadily
decreasing. As an interested and significant shareholder, the Reporting Persons
will take all actions necessary as may be deemed appropriate to protect their
investment in the Issuer. Subject to a continuing review of the business
prospects of the Issuer and depending on market conditions, economic conditions
and other relevant factors, the Reporting Persons may determine to increase,
decrease or entirely dispose of their holdings in the Issuer, purchase by
private purchase, in the open market, by tender offer or otherwise, additional
equity securities of the Issuer for investment, or acquire or seek to acquire
control of the Issuer by merger, proxy solicitation, exchange of securities,
asset acquisition, tender offer or in privately negotiated transactions on such
terms and at such times as they may consider desirable.
5
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) - (b) Management Insights, Inc. directly owns 1,026,500 shares of common
stock of the Issuer, or approximately 7.87%. Since Robert Coates and Suzanne
Coates have the power to direct the affairs of Management Insights, Inc., they
may be deemed to be beneficial owners of the common stock of the Issuer directly
owned by Management Insights, Inc. Robert Coates owns 8,400 shares personally.
(c) None of the Reporting Persons have effected any transaction in Issuer common
stock during the past 60 days.
(d) Not applicable.
(e) Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER
Management Insights, Inc. is a Texas corporation that has Robert
Coates and Suzanne Coates as its only shareholders. Robert Coates is President
of Management Insights, Inc., and Suzanne Coates is Secretary of Management
Insights, Inc.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
None.
6
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: November 5, 2001
MANAGEMENT INSIGHTS, INC.
By: /s/ Robert Coates
--------------------------------------
Name: Robert Coates
Title: President
/s/ Robert Coates
-----------------------------------------
Robert Coates
/s/ Suzanne Coates
-----------------------------------------
Suzanne Coates