-----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, HmoAEO6AbtlsDrL75x2uckkE2BeZd13sMjyOIDx+M8JCGsX9hG4Rh7cD9doFbypJ Ua688m6hu2rN07RQeoh1eA== 0001144204-08-007090.txt : 20080208 0001144204-08-007090.hdr.sgml : 20080208 20080208150738 ACCESSION NUMBER: 0001144204-08-007090 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080208 DATE AS OF CHANGE: 20080208 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SMART ONLINE INC CENTRAL INDEX KEY: 0001113513 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 954439334 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-80570 FILM NUMBER: 08588752 BUSINESS ADDRESS: STREET 1: 2530 MERIDIAN PARKWAY CITY: DURHAM STATE: NC ZIP: 27713 BUSINESS PHONE: 919-806-4521 MAIL ADDRESS: STREET 1: P.O. BOX 12794 CITY: RESEARCH TRIANGLE PARK STATE: NC ZIP: 27709 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Atlas Capital SA CENTRAL INDEX KEY: 0001315654 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 116 RUE DU RHONE CITY: GENEVA STATE: V8 ZIP: CH-1204 BUSINESS PHONE: 41 22 849 66 55 MAIL ADDRESS: STREET 1: 116 RUE DU RHONE CITY: GENEVA STATE: V8 ZIP: CH-1204 SC 13G/A 1 v102582_sc13ga.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1) Smart Online, Inc. ------------------ (Name of Issuer) Common Stock, $0.001 par value ------------------------------ (Title of Class of Securities) 83171V-10-0 ----------- (CUSIP Number) December 31, 2007 ----------------- (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 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 5 Pages - --------------------- ----------------- CUSIP No. 83171V-10-0 Schedule 13G/A Page 2 of 5 Pages - --------------------- ----------------- - -------------------------------------------------------------------------------- 1) NAMES OF REPORTING PERSONS. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only) Atlas Capital, SA - -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3) SEC USE ONLY - -------------------------------------------------------------------------------- 4) CITIZENSHIP OR PLACE OF ORGANIZATION Switzerland - -------------------------------------------------------------------------------- 5) SOLE VOTING POWER NUMBER OF 2,866,001 SHARES -------------------------------------------------------- BENEFICIALLY 6) SHARED VOTING POWER OWNED BY EACH 0 REPORTING -------------------------------------------------------- PERSON 7) SOLE DISPOSITIVE POWER WITH: 2,866,001 -------------------------------------------------------- 8) SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,866,001 - -------------------------------------------------------------------------------- 10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) |_| - -------------------------------------------------------------------------------- 11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 15.8% - -------------------------------------------------------------------------------- 12) TYPE OF REPORTING PERSON (See Instructions) CO - -------------------------------------------------------------------------------- - --------------------- ----------------- CUSIP No. 83171V-10-0 Schedule 13G/A Page 3 of 5 Pages - --------------------- ----------------- Item 1. (a) Name of Issuer Smart Online, Inc. (the "Issuer") (b) Address of Issuer's Principal Executive Offices 2530 Meridian Parkway Durham, North Carolina 27713 Item 2. (a) Name of Person Filing This Schedule 13G/A is being filed by Atlas Capital, SA (the "Reporting Person"), a corporation incorporated in Switzerland. (b) Address of Principal Business Office or, if none, Residence 118 Rue Du Rhone, Geneva V8 Ch-1204 (c) Citizenship The Reporting Person is a company incorporated under the laws of Switzerland. (d) Title of Class of Securities Common Stock, $0.001 par value ("Common Stock") (e) CUSIP Number 83171V-10-0 Item 3. Not applicable. Item 4. Ownership (a) Amount Beneficially Owned: 2,866,001 as of December 31, 2007 (b) Percent of Class: 15.8% (1) (c) Number of Shares as to which such Person has: (i) sole power to vote or to direct the vote: 2,866,001 (ii) shared power to vote or to direct the vote: 0 - --------------------- ----------------- CUSIP No. 83171V-10-0 Schedule 13G/A Page 4 of 5 Pages - --------------------- ----------------- (iii) sole power to dispose or to direct the disposition of: 2,866,001 (iv) shared power to dispose or to direct the disposition of: 0 (1) The percentage of shares beneficially owned is determined in accordance with Rule 13d-3 under the Act based on beneficial ownership as of December 31, 2007. As of December 31, 2007, there were 18,159,768 shares of Common Stock issued and outstanding. 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. Item 9. Notice of Dissolution of Group Not applicable. Item 10. Certification 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. - --------------------- ----------------- CUSIP No. 83171V-10-0 Schedule 13G/A Page 5 of 5 Pages - --------------------- ----------------- 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. Atlas Capital, SA Date: 2/8/2008 By: /s/ Avy Lugassy Name Avy Lugassy Title: Member of the Management -----END PRIVACY-ENHANCED MESSAGE-----