-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Br9mYXf5I68fdQrFfFl0AKwHcCEByTT1rufzwxp0OO1E6Rjijyj05xiRPMayJSMM txUeNkD6U6giI1NC1McXYw== 0000912057-01-005511.txt : 20010223 0000912057-01-005511.hdr.sgml : 20010223 ACCESSION NUMBER: 0000912057-01-005511 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010214 GROUP MEMBERS: APEX INVESTMENT FUND III, L.P. GROUP MEMBERS: APEX STRATEGIC PARTNERS, LLC GROUP MEMBERS: MIDDLEMAS GEROGE M SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: QORUS COM INC CENTRAL INDEX KEY: 0001095691 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 650358792 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-58071 FILM NUMBER: 1541169 BUSINESS ADDRESS: STREET 1: 9800 SOUTH SEPULVEDA BLVD STREET 2: SUITE 318 CITY: LOS ANGELES STATE: CA ZIP: 90045 BUSINESS PHONE: 3102588450 MAIL ADDRESS: STREET 1: 9800 SOUTH SEPULVEDA BLVD STREET 2: SUITE 318 CITY: LOS ANGELES STATE: CA ZIP: 90045 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MIDDLEMAS GEROGE M CENTRAL INDEX KEY: 0001092344 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 225 W WASHINGTON SUITE 1450 CITY: CHICAGO STATE: IL ZIP: 22102 BUSINESS PHONE: 7033945100 MAIL ADDRESS: STREET 1: 225 W WASINGTON SUITE 1450 CITY: CHICAGO STATE: IL ZIP: 60606 SC 13G/A 1 a2038669zsc13ga.txt SC 13G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 1)* Qorus.com, Inc. ---------------- (Name of Issuer) Common Stock, par value $.001 ----------------------------- (Title of Class of Securities) 747280105 -------------- (CUSIP Number) April 6, 2000 ------------------------------------------------------- (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) [ ] Rule 13d-1(c) [ x ] 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). CUSIP No. 747280105 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. George M. Middlemas I.R.S. Identification Nos. of above persons 175 38 7894 (entities only) - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ] (b) [ x ] - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization United States - -------------------------------------------------------------------------------- Number of 5. Sole Voting Power 106,271 Shares -------------------------------------------------------- Beneficially 6. Shared Voting Power 3,757,393 Owned by -------------------------------------------------------- Each Reporting 7. Sole Dispositive Power 106,271 Person With -------------------------------------------------------- 8. Shared Dispositive Power 3,757,393 - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 3,863,664 - -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 23.87% - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- CUSIP No. 747280105 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons Apex Investment Fund III, L.P. I.R.S. Identification Nos. of above persons 36 4078931 (entities only) - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ] (b) [ x ] - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization Delaware - -------------------------------------------------------------------------------- Number of 5. Sole Voting Power 3,534,507 Shares -------------------------------------------------------- Beneficially 6. Shared Voting Power 0 Owned by -------------------------------------------------------- Each Reporting 7. Sole Dispositive Power 3,534,507 Person With -------------------------------------------------------- 8. Shared Dispositive Power 0 - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 3,534,507 - -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 21.97% - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) PN - -------------------------------------------------------------------------------- CUSIP No. 747280105 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. Apex Strategic Partners, LLC I.R.S. Identification Nos. of above persons 36 4115103 (entities only) - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ] (b) [ x ] - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization Delaware - -------------------------------------------------------------------------------- Number of 5. Sole Voting Power 215,919 Shares --------------------------------------------------------- Beneficially 6. Shared Voting Power 0 Owned by --------------------------------------------------------- Each Reporting 7. Sole Dispositive Power 215,919 Person With --------------------------------------------------------- 8. Shared Dispositive Power 0 - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 215,919 - -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 1.34% - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) OO - -------------------------------------------------------------------------------- THIS SCHEDULE AMENDS A SCHEDULE 13G FILED FEBRUARY 14, 2000 (THE "ORIGINAL 13G"). ALL ITEMS NOT MENTIONED SPECIFICALLY IN THIS AMENDMENT REMAIN AS PROVIDED IN THE ORIGINAL 13G. Item 1. (a) Name of Issuer Qorus.com, Inc. (b) Address of Issuer's Principal Executive Offices 11320 Random Hills Road, Suite 590 Fairfax, Virginia Item 4. Ownership (a) Amount beneficially owned George M. Middlemas ("Middlemas") is the record owner of 106,271 shares (which number includes 50,000 common stock options with an exercise price of $1.25 per share and 50,000 common stock options with an exercise price of $1.00 per share); and by virtue of Middlemas' spouse being record owner of 6,967 shares may be deemed the beneficial owner of 6,967 shares; and by virtue of his status as a managing member of the general partner of Apex Investment Fund III, L.P. ("Apex III") may be deemed the beneficial owner of 3,534,507 shares; and by virtue of his status as a managing member of the investment manager of Apex Strategic Partners, LLC ("Apex Strategic") may be deemed the beneficial owner of 215,919 shares. Apex III is the record owner of 3,534,507 shares. Apex Strategic is the record owner of 215,919 shares. (b) Percent of Class Middlemas is the record owner of 0.66%, based upon 16,187,405 shares outstanding, and may be deemed the beneficial owner of 23.21%, based upon 16,187,405 shares outstanding. Apex III is the record owner of 21.97%, based upon 16,087,405 shares outstanding. Apex Strategic is the record owner of 1.34%, based upon 16,087,405 shares outstanding. The shares used to calculate these percentages were reported outstanding on Issuer's 11/14/00 Form 10-QSB EDGAR filing. (c) Number of shares as to which the person has (i) Sole power to vote or direct the vote Middlemas 106,271 shares Apex III 3,534,507 shares Apex Strategic 215,919 shares (ii) Shared power to vote or direct the vote - Middlemas 3,757,393 shares (iii) Sole power to dispose or to direct the disposition of Middlemas 106,271 shares Apex III 3,534,507 shares Apex Strategic 215,919 shares (iv) Shared power to dispose or to direct the disposition of - Middlemas 3,757,393 shares 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. Date: February 12, 2001 /s/ George M. Middlemas ---------------------------------------------- GEORGE M. MIDDLEMAS APEX INVESTMENT FUND III, L.P. a Delaware Limited Partnership By: Apex Management III, LLC By: /s/ George M. Middlemas ------------------------------------------ George M. Middlemas, a managing member APEX STRATEGIC PARTNERS, LLC a Delaware Limited Liability Company By: Apex Management III, LLC By: /s/ George M. Middlemas ----------------------------------------- George M. Middlemas, a managing member EXHIBIT II TO SCHEDULE 13G 17 C.F.R. 240.13d-1(k)(1)(iii) Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, the undersigned hereby agree that only one statement containing the information required on Schedule 13G need be filed with respect to ownership by each of the undersigned of shares of Common Stock of Qorus.com, Inc. This Agreement may be executed in any number of counterparts, each of which shall be deemed an original. Dated: February 12, 2001 /s/ George M. Middlemas ---------------------------------------------- GEORGE M. MIDDLEMAS APEX INVESTMENT FUND III, L.P. a Delaware Limited Partnership By: Apex Management III, LLC By: /s/ George M. Middlemas ------------------------------------------ George M. Middlemas, a managing member APEX STRATEGIC PARTNERS, LLC a Delaware Limited Liability Company By: Apex Management III, LLC By: /s/ George M. Middlemas ----------------------------------------- George M. Middlemas, a managing member -----END PRIVACY-ENHANCED MESSAGE-----