-----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, K4HwBhUSBPNH9hakJqyM0HVMf9KsGqo6LuZVUiJZMNdavaOyhBrvQEbBxGBWl+DU ptNnToJgOGk3/EwnfukLsQ== 0001019687-07-001677.txt : 20070529 0001019687-07-001677.hdr.sgml : 20070528 20070529150437 ACCESSION NUMBER: 0001019687-07-001677 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070529 DATE AS OF CHANGE: 20070529 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Fluid Media Networks, Inc. CENTRAL INDEX KEY: 0001368285 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371] IRS NUMBER: 260140268 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-82010 FILM NUMBER: 07883431 BUSINESS ADDRESS: STREET 1: 5813-A UPLANDER WAY CITY: CULVER CITY STATE: CA ZIP: 90230 BUSINESS PHONE: 310-665-9878 MAIL ADDRESS: STREET 1: 5813-A UPLANDER WAY CITY: CULVER CITY STATE: CA ZIP: 90230 FORMER COMPANY: FORMER CONFORMED NAME: Freedom 20, Inc. DATE OF NAME CHANGE: 20060705 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Abony Lorne CENTRAL INDEX KEY: 0001401268 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: BUSINESS PHONE: 310-665-9878 MAIL ADDRESS: STREET 1: 5813-A UPLANDER WAY CITY: CULVER CITY STATE: CA ZIP: 90230 SC 13D 1 fluid_13d-abony.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D (AMENDMENT NO. ____) UNDER THE SECURITIES EXCHANGE ACT OF 1934 FLUID MEDIA NETWORKS, INC. (FORMERLY FREEDOM 20, INC.) - -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK, PAR VALUE $0.0001 PER SHARE - -------------------------------------------------------------------------------- (Title of Class of Securities) NONE - -------------------------------------------------------------------------------- (CUSIP Number) THE SOURLIS LAW FIRM VIRGINIA K. SOURLIS, ESQ. 2 BRIDGE AVENUE RED BANK, NJ 07701 732-530-9007 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) FEBRUARY 14, 2007 - -------------------------------------------------------------------------------- (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. None - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Lorne Abony - -------------------------------------------------------------------------------- 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) PF - -------------------------------------------------------------------------------- 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e): [ ] N/A - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization Canada - -------------------------------------------------------------------------------- Number of 7. Sole Voting Power Shares Beneficially 460,000 (See Items 3 and 5) Owned by ------------------------------------------------------------- Each 8. Shared Voting Power Reporting Person With 0 ------------------------------------------------------------- 9. Sole Dispositive Power 460,000 (See Items 3 and 5) ------------------------------------------------------------- 10. Shared Dispositive Power 0 - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 5.05% - -------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] N/A - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 5.05% - -------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- ITEM 1. SECURITY AND ISSUER. This Schedule 13D relates to the Common Stock, par value $0.0001 per share (the "Common Stock") of Fluid Media Networks, Inc., a Delaware corporation (formerly Freedom 20, Inc.), whose principal executive offices are located at 5813-A Uplander Way, Culver City, California 90230 (the "Issuer"). ITEM 2. IDENTITY AND BACKGROUND. (a) The name of the reporting person is Lorne Abony (the "Reporting Person"). (b) The business address of the Reporting Person is 175 Bloor St E, Toronto, ON M4W 3R8. (c) Present principal occupation or employment and the name, principal business and address of any corporation or other organization in which such employment is conducted: The Reporting Person is CEO of Fun Technologies, Inc. with executive offices located at 175 Bloor St E, Toronto, ON M4W 3R8. From March 2005 to February 2007, the Reporting Person served on the Board of Directors of Fluid Audio Networks, Inc., the predecessor company of the Issuer. (d) Whether or not, during the last five years, such person has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) and, if so, give the dates, nature of conviction, name and location of court, and penalty imposed, or other disposition of the case: None. (e) Whether or not, during the last five years, such person was a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to 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 violation with respect to such laws; and, if so, identify and describe such proceedings and summarize the terms of such judgment, decree or final order: None. (f) Citizenship: The Reporting Person is a Canadian citizen. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION The Reporting Person beneficially owns 100,000 shares of the Issuer's Common Stock issued upon the conversion of 100,000 shares of Series A Preferred Stock of the Issuer held by Ontario Limited, of which Mr. Albony has voting and dispositive control. For professional services rendered, the Issuer issued 300,000 shares of Series A Preferred Stock to the Reporting Person on March 5, 2005. The Issuer's Series A Preferred Stock was converted into Common Stock on April 11, 2007 by the election of the holders of at least a majority of the then outstanding Series A Preferred Stock. For professional services rendered, the Issuer issued stock options to the Reporting Person on July 28, 2006. The options are exercisable for 60,000 shares of Common Stock of the Issuer at an exercise price of $2.00 per share and expire on July 28, 2016. ITEM 4. PURPOSE OF TRANSACTION The Reporting Person does not have any plans or proposals which relate to or would result in: (a) The acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer; (b) An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries; (c) A sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries; (d) Any change in the present board of directors or management of the Issuer, including any plans or proposals to change the number of term of directors or to fill any existing vacancies on the board; (e) Any material change in the present capitalization or dividend policy of the Issuer; (f) Any other material change in the Issuer's business or corporate structure, including but not limited to, if the Issuer is a registered closed-end investment company, any plans or proposals to make any changes in its investment policy for which a vote is required by Section 13 of the Investment Company Act of 1940; (g) Changes in the Issuer's charter, bylaws or instruments corresponding thereto or other action which may impede the acquisition of control of the Issuer by any person; (h) Causing a class of securities of the Issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (i) A class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Act; or (j) Any action similar to any of those enumerated above. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER (a) Aggregate number and percentage of the class of securities beneficially owned: The Reporting Person beneficially owns an aggregate of 460,000 shares of Common Stock of the Issuer consisting of 400,000 shares of Common Stock issued upon the conversion of 400,000 shares of Series A Preferred Stock of the Issuer on April 11, 2007 by the election of the holders of at least a majority of Series A Preferred Stock then issued and outstanding and (ii) 60,000 shares of Common Stock issuable upon the exercise of stock options issued on July 28, 2006 and exercisable at $2.00 per share until July 28, 2016. The Reporting Person beneficially owns 5.05% of the Issuer's common stock, based on 9,057,190 shares of the Issuer's common stock issued and outstanding as of May 15, 2007. (b) Number of shares as to which there is sole power to vote or to direct the vote, shared power to vote or to direct the vote, sole power to dispose or to direct the disposition, or shared power to dispose or to direct the disposition: Sole power to vote or to direct the vote: 460,000 Shared power to vote or to direct the vote: 0 Sole power to dispose or to direct the disposition: 460,000 Shared power to dispose or to direct the disposition: 0 (c) Transactions in the securities effected during the past sixty days: None (d) No other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities. (e) The date on which the reporting person ceased to be the beneficiary owner of more than five percent of the class of securities: N/A ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. For professional services rendered, the Issuer issued stock options to the Reporting Person on July 28, 2006. The options are exercisable for 60,000 shares of Common Stock of the Issuer at an exercise price of $2.00 per share and expire on July 28, 2016. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. None. SIGNATURE The undersigned, after reasonable inquiry and to the best of her/its knowledge and belief, certifies that the information set forth in this statement is true, complete and correct. Date: May 15, 2007 By: /s/ LORNE ABONY --------------- Lorne Abony -----END PRIVACY-ENHANCED MESSAGE-----