-----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, UDWeHFYunGddaMpbA8TGOrnkaLnkbvWOKkVNx6k4W3kEaiYhxXyTqh05Xb35iL6r flMxqJHa7UFvoe1PtAfDsQ== 0001019687-04-000684.txt : 20040331 0001019687-04-000684.hdr.sgml : 20040331 20040331144428 ACCESSION NUMBER: 0001019687-04-000684 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20040331 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MARKLAND TECHNOLOGIES INC CENTRAL INDEX KEY: 0001102833 STANDARD INDUSTRIAL CLASSIFICATION: [9995] IRS NUMBER: 841331134 STATE OF INCORPORATION: FL FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-59817 FILM NUMBER: 04705466 BUSINESS ADDRESS: STREET 1: 54 DANBURY ROAD STREET 2: #207 CITY: RIDGEFIELD STATE: CT ZIP: 06877 BUSINESS PHONE: 203-894-9700 MAIL ADDRESS: STREET 1: 54 DANBURY ROAD STREET 2: #207 CITY: RIDGEFIELD STATE: CT ZIP: 06877 FORMER COMPANY: FORMER CONFORMED NAME: QUEST NET CORP DATE OF NAME CHANGE: 20000320 FORMER COMPANY: FORMER CONFORMED NAME: PARPUTT ENTERPRISES INC DATE OF NAME CHANGE: 20000107 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SYQWEST INC CENTRAL INDEX KEY: 0001258194 IRS NUMBER: 841622217 STATE OF INCORPORATION: RI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 88 ROYAL LITTLE DR CITY: PROVIDENCE STATE: RI ZIP: 02904 BUSINESS PHONE: 4014541810 MAIL ADDRESS: STREET 1: 88 ROYAL LITTLE DR CITY: PROVIDENCE STATE: RI ZIP: 02904 SC 13D/A 1 syqwest_13da1-032404.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 1) MARKLAND TECHNOLOGIES, INC. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $.0001 par value per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 570 658 104 - -------------------------------------------------------------------------------- (CUSIP Number) Syqwest, Inc. 88 Royal Little Drive Providence, RI 02904 401-454-1810 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) March 24, 2004 - -------------------------------------------------------------------------------- (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 ss.ss.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. [ ] 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). CUSIP No. 570-658-104 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Syqwest, Inc. 84-1622217 - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) ..................................................................... (b) ..................................................................... - -------------------------------------------------------------------------------- 3. SEC Use Only............................................................... - -------------------------------------------------------------------------------- 4. Source of Funds (See Instructions) 00 - -------------------------------------------------------------------------------- 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) - -------------------------------------------------------------------------------- 6.Citizenship or Place of Organization: Rhode Island - -------------------------------------------------------------------------------- Number of 7. Sole Voting Power 136,000 Shares --------------------------------------------------------------- Beneficially 8. Shared Voting Power 0 Owned by --------------------------------------------------------------- Each 9. Sole Dispositive Power 136,000 Reporting --------------------------------------------------------------- Person With 10. Shared Dispositive Power 0 - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 136,000 - -------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 1.28% - -------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) CO - -------------------------------------------------------------------------------- 2 ITEM 1. SECURITY AND ISSUER This amendment No. 1 amends and supplements the Schedule 13D, which was originally filed by Syqwest on August 8, 2003 with respect to the common stock, par value $.0001 per share ( the "Markland Common Stock"), of Markland Technologies, Inc., a Florida corporation ("Markland"). The address of the principal executive offices of Markland is Suite #207, 54 Danbury Road, Ridgefield, CT 06877. This Amendment is filed to reflect the reduction in the amount of Markland Common Stock beneficially owned by the reporting person resulting from the transaction described at Item 5(c) below. ITEM 2. IDENTITY AND BACKGROUND No Change. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION No Change. ITEM 4. PURPOSE OF TRANSACTION No Change. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER (a), (b) After giving effect to the transaction described at Item 5(c) below, Syqwest is the beneficial owner of 136,00 shares of Markland Common Stock and has sole power to vote and dispose of such shares. Robert Tarini, the sole director, CEO and a minority stockholder of Syqwest, directly owns 430,474 shares of the Markland Common Stock representing approximately 4.05% of the outstanding Markland Common Stock. Mr. Tarini is a majority stockholder of ipPartners, Inc., which owns 499,849 shares of the Markland Common Stock representing approximately 4.70% of the outstanding Markland Common Stock. Michael Curran, the President and a minority stockholder of Syqwest, directly owns 55,000 shares of Markland Common Stock representing approximately 0.52% of the outstanding Markland Common Stock. 4 Except as disclosed in this Item 5(a), neither the Reporting Person nor to the best of its knowledge, any of its directors, executive officers or control persons, beneficially owns any shares of the Issuer's common stock. No other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Markland Shares. (c) On March 24,2004, Syqwest, in a private transaction, transferred an aggregate of 234,000 shares of its Markland Common Stock to the following named individuals: (1) 167,000 shares to Chad Verdi, an employee and minority stockholder of Syqwest, as an employment bonus; (2) 50,000 shares to Michael Curran, an employee, minority stockholder and President of Syqwest, as an employment bonus; (3) 17,000 shares to Claude Correia, an employee and minority stockholder of Syqwest, as an employment bonus; Also on this date, Syqwest transferred an aggregate of 380,000 shares of its Markland Common Stock to certain individuals in satisfaction of certain financial obligations owed to such persons. Such transfers were undertaken in transactions exempt from registrations under the Securities Act. ITEM 6. CONTRACTS ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER No Change. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS No change. SIGNATURE After reasonable inquiry, and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: March 24,2004 Syqwest, Inc. By: /s/ Robert Tarini ------------------------------- Name: Robert Tarini Title: Chief Executive Officer 6 -----END PRIVACY-ENHANCED MESSAGE-----