-----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, BQizEh9a7SN7dSZtVjVhL2pd0D2HYs2ltVV7h+vSGVEkNKDruVc42f1njjP/52RM 6fFQL3N9MZaE50ggIFO8QQ== 0000909518-01-500090.txt : 20010518 0000909518-01-500090.hdr.sgml : 20010518 ACCESSION NUMBER: 0000909518-01-500090 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 4 FILED AS OF DATE: 20010517 GROUP MEMBERS: GENERAL ELECTRIC CAPITAL CORP GROUP MEMBERS: GENERAL ELECTRIC CAPITAL SERVI GROUP MEMBERS: GENERAL ELECTRIC COMPANY SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MARKETING SERVICES GROUP INC CENTRAL INDEX KEY: 0000014280 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 880085608 STATE OF INCORPORATION: NV FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-05829 FILM NUMBER: 1642615 BUSINESS ADDRESS: STREET 1: 333 SEVENTH AVENUE STREET 2: 20TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 917-339-7200 MAIL ADDRESS: STREET 1: 333 SEVENTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: ALL-COMM MEDIA CORP DATE OF NAME CHANGE: 19950823 FORMER COMPANY: FORMER CONFORMED NAME: SPORTS TECH INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: BRISTOL HOLDINGS INC DATE OF NAME CHANGE: 19920518 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GENERAL ELECTRIC CAPITAL CORP CENTRAL INDEX KEY: 0000040554 STANDARD INDUSTRIAL CLASSIFICATION: PERSONAL CREDIT INSTITUTIONS [6141] IRS NUMBER: 131500700 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 260 LONG RIDGE RD CITY: STAMFORD STATE: CT ZIP: 06927 BUSINESS PHONE: 2033574000 MAIL ADDRESS: STREET 1: 260 LONG RIDGE ROAD CITY: STAMFORD STATE: CT ZIP: 06927 FORMER COMPANY: FORMER CONFORMED NAME: GENERAL ELECTRIC CREDIT CORP DATE OF NAME CHANGE: 19871216 SC 13D/A 1 a5-17_13da.txt ================================================================================ SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ---------- SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 5) ---------- Marketing Services Group, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $.01 par value 570907105 - -------------------------------------------------------------------------------- (Title of class of securities) (CUSIP number) Nancy E. Barton, Esq., General Electric Capital Corporation, 260 Long Ridge Road, Stamford, Connecticut 06927 (203) 357-4000 - -------------------------------------------------------------------------------- (Name, address and telephone number of person authorized to receive notices and communications) May 15, 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 schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box [_]. Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for other parties to whom copies are to be sent. (Continued on following pages) (Page 1 of Pages) ================================================================================
- --------------------------------------------------------------------- ------------------------------------------------ CUSIP No. 570907105 13D Page 2 of - ----------------------------------------------------------------------------------------------------------------------------------- - ------------------- --------------------------------------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS: General Electric Capital Corporation I.R.S. IDENTIFICATION NOS. 13-1500700 OF ABOVE PERSONS: - ------------------- --------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [_] (b) [x] - ------------------- --------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------- --------------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: OO - ------------------- --------------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_] - ------------------- --------------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: New York - ---------------------------- ------- ---------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 11,811,220 (See Item 5) SHARES ------- ---------------------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 0 OWNED BY ------- ---------------------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 11,811,220 (See Item 5) REPORTING ------- ---------------------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 0 - ------------------- --------------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 11,811,220 (See Item 5) - ------------------- --------------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [_] - ------------------- --------------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 28.7% (See Item 5) - ------------------- --------------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: CO - ------------------- ---------------------------------------------------------------------------------------------------------------
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- --------------------------------------------------------------------- ------------------------------------------------ CUSIP No. 570907105 13D Page 3 of - ----------------------------------------------------------------------------------------------------------------------------------- - ------------------- --------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON: General Electric Capital Services, Inc. S.S. OR I.R.S. IDENTIFICATION NO. 06-1109503 OF ABOVE PERSON: - ------------------- --------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [_] (b) [x] - ------------------- --------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------- --------------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: Not applicable - ------------------- --------------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_] - ------------------- --------------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware - ---------------------------- ------- ---------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: Disclaimed (See 11 below) SHARES ------- ---------------------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 0 OWNED BY ------- ---------------------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: Disclaimed (See 11 below) REPORTING ------- ---------------------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 0 - ------------------- --------------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: Beneficial ownership of all shares disclaimed by General Electric Capital Services, Inc. - ------------------- --------------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [_] - ------------------- --------------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): Not applicable (See 11 above) - ------------------- --------------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: CO - ------------------- ---------------------------------------------------------------------------------------------------------------
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- ---------------------------- ---------------------------------------- ------------------------------------------------ CUSIP No. 570907105 13D Page 4 of - ----------------------------------------------------------------------------------------------------------------------------------- - ------------------- --------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON: General Electric Company S.S. OR I.R.S. IDENTIFICATION NO. 14-0689340 OF ABOVE PERSON: - ------------------- --------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [_] (b) [x] - ------------------- --------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------- --------------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: Not applicable - ------------------- --------------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_] - ------------------- --------------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: New York - ---------------------------- ------- ---------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: Disclaimed (See 11 below) SHARES ------- ---------------------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 0 OWNED BY ------- ---------------------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: Disclaimed (See 11 below) REPORTING ------- ---------------------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 0 - ------------------- --------------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: Beneficial ownership of all shares disclaimed by General Electric Company - ------------------- --------------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [_] - ------------------- --------------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): Not applicable (See 11 above) - ------------------- --------------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: CO - ------------------- ---------------------------------------------------------------------------------------------------------------
4 This Amendment No. 5 amends the Schedule 13D filed on January 5, 1998, as amended, and is filed by General Electric Capital Corporation ("GE Capital"), for and on behalf of itself, General Electric Capital Services, Inc. ("GECS") and General Electric Company ("GE")(collectively, the "Reporting Persons"), with respect to the common stock, par value $0.01 per share ("Common Stock"), of Marketing Services Group, Inc. (the "Company"). Item 5. Interest in Securities of the Issuer. (a) The responses of the Reporting Persons to Rows (11) through (13) of the cover pages of this Amendment No. 5 are incorporated herein by reference. As of May 16, 2001, GE Capital beneficially owned in the aggregate 11,811,220 shares of Common Stock representing approximately 28.7% of the outstanding shares of Common Stock (such outstanding shares being determined in accordance with Rule 13d-3(d)(1) under the Exchange Act to equal the number of shares outstanding as of May 10, 2001 (i.e., 33,723,606 shares), as reported in the Company's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2001, plus the number of shares of Common Stock for which GE Capital has the right to acquire). The shares beneficially owned by GE Capital include the right to acquire 7,500,000 shares of Common Stock pursuant to a warrant. Except as disclosed in this Item 5(a), none of the Reporting Persons, nor, to the best of their knowledge, any of their executive officers and directors, beneficially owns any shares of Common Stock of the Company. (b) The responses of the Reporting Persons to (i) Rows (7) through (10) of the cover pages of this Amendment No. 5 and (ii) Item 5(a) hereof are incorporated herein by reference. Except as disclosed in this Item 5(b), none of the Reporting Persons, nor, to the best of their knowledge, any of their executive officers or directors presently has the power to vote or to direct the vote or to dispose of or direct the disposition of any of the shares of Common Stock which they may be deemed to beneficially own. (c) Except as disclosed in Item 6 hereof, none of the Reporting Persons, nor, to the best of their knowledge, any of their executive officers or directors, has effected any transaction in the Common Stock of the Company during the past 60 days. 5 (d) Not applicable. (e) Not applicable. Neither the filing of this Amendment No. 5 nor anything contained herein is intended as, or should be construed as, an admission that GECS or GE is the "beneficial owner" of any shares of Common Stock. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. Item 6 is hereby amended and supplemented as follows: On May 15, 2001, the Company and GE Capital entered into an agreement to amend certain provisions of a warrant issued by the Company to GE Capital on December 24, 1997. The amendment fixed the number of shares of Common Stock subject to the warrant at 7,500,000 and makes the warrant currently exercisable. A copy of the amendment is attached hereto as Exhibit 1 and incorporated herein by reference. Item 7. Materials To Be Filed As Exhibits. Exhibit 1 - Third Amendment, dated May 15, 2001, between Marketing Services Group, Inc. and General Electric Capital Corporation Exhibit 2 - Power of Attorney appointing Jonathan K. Sprole as agent and attorney-in-fact for General Electric Capital Services, Inc. Exhibit 3 - Power of Attorney appointing Jonathan K. Sprole as agent and attorney-in-fact for General Electric Company 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: May 17, 2001 GENERAL ELECTRIC CAPITAL CORPORATION By: /s/ Jonathan K. Sprole ---------------------------------- Name: Jonathan K. Sprole Title: Dept. Operations Manager GENERAL ELECTRIC CAPITAL SERVICES, INC. By: /s/ Jonathan K. Sprole ---------------------------------- Name: Jonathan K. Sprole Title: Attorney-in-Fact GENERAL ELECTRIC COMPANY By: /s/ Jonathan K. Sprole ---------------------------------- Name: Jonathan K. Sprole Title: Attorney-in-Fact 7 EXHIBIT INDEX ------------- Exhibit No. - ----------- Exhibit 1 - Third Amendment, dated May 15, 2001, between Marketing Services Group, Inc. and General Electric Capital Corporation Exhibit 2 - Power of Attorney appointing Jonathan K. Sprole as agent and attorney-in-fact for General Electric Capital Services, Inc. Exhibit 3 - Power of Attorney appointing Jonathan K. Sprole as agent and attorney-in-fact for General Electric Company EX-99 2 a5-17ex1.txt EXHIBIT 1 EXHIBIT 1 THIRD AMENDMENT --------------- Third Amendment (this "Amendment"), dated May 15, 2001, between Marketing Services Group, Inc., a Nevada corporation ("Company"), and General Electric Capital Corporation ("GE Capital"), a New York corporation. W I T N E S S E T H: WHEREAS, GE Capital is the holder of a warrant, as amended, dated December 24, 1997 (the "Warrant"), to purchase up to 10,670,000 shares of common stock, par value $.01 per share, of Company (the "Common Stock"); and WHEREAS, Company and GE Capital desire to amend the terms of the Warrant as set forth herein; NOW, THEREFORE, in consideration of the premises hereinafter contained, it is agreed as follows: 1. Amendment of the Warrant. The Warrant is hereby amended as follows: (a) The number of shares of Common Stock that GE Capital is entitled to purchase, at a purchase price of $0.01 per share, pursuant to the terms of the Warrant is reduced from 10,670,000 to 7,500,000, and each and every reference to 10,670,000 is hereby deleted in its entirety and replaced with 7,500,000. (b) The definition of "Earnings per Share" in Section 1 of the Warrant is hereby deleted in its entirety. (c) The definition of "Qualified Secondary Offering" in Section 1 of the Warrant is hereby deleted in its entirety. (d) The first Paragraph of Section 2.1 is hereby deleted in its entirety and replaced with the following: "2.1 Manner of Exercise. From and after the date hereof and until 5:00 P.M., New York Time, on the Expiration Date (the "Exercise Period"), Holder may exercise this Warrant, on any Business Day, for all or any part of the number of shares of Common Stock purchasable hereunder." (e) Section 4.1 of the Warrant is hereby deleted in its entirety and replaced with the following: "4.1 Intentionally Omitted." The last paragraph of Section 4.3(a), beginning "If pursuant to Section 4.1 above", is hereby deleted in its entirety. 2. Full Force and Effect. Except as specifically amended hereby, all of the terms and provisions of the Warrant shall remain in full force and effect. 3. Counterparts. This Amendment may be executed in any number of counterparts, each of which shall be deemed an original and all of which together shall be deemed to be one and the same instrument. 4. Effective Date. This Amendment shall become effective on the date hereof; provided, however, that in the event that the Stipulation of Settlement, dated May 15, 2001 in Civil Action Number 99 Civ. 10560 (AKH), pending before the United States District Court, Southern District of New York shall not have been approved by July 13, 2001, this Amendment shall become null and void and the Warrant shall remain in full force and effect. IN WITNESS WHEREOF, Company and GE Capital have executed this Amendment as of the day and year first above written. MARKETING SERVICES GROUP, INC. By: /s/ Jeremy Barbera ----------------------------------- Name: Jeremy Barbera Title: Chairman and CEO GENERAL ELECTRIC CAPITAL CORPORATION By: /s/ Jonathan K. Sprole ----------------------------------- Name: Jonathan K. Sprole Title: Dept. Operations Manager EX-99 3 a5-17ex2.txt EXHIBIT 2 EXHIBIT 2 POWER OF ATTORNEY The undersigned, General Electric Capital Services, Inc., a Delaware corporation (hereinafter referred to as the "Corporation") does hereby make, constitute and appoint the persons listed below as the Corporation's true and lawful agent and attorney-in-fact (hereinafter referred to as the "Attorney") to act either together or alone in the name and on behalf of the Corporation for and with respect to the matters hereinafter described. Name of Attorney: Michael A. Gaudino Robert O. O'Reilly, Sr. Murry K. Stegelmann James Ungari Preston Abbott Leon E. Roday J. Gordon Smith Michael E. Pralle Iain MacKay Jonathan K. Sprole Barbara J. Gould Robert L. Lewis Wendy E. Ormond Mark F. Mylon Each Attorney shall have the power and authority to do the following: To execute and deliver any Schedule 13D, Schedule 13G or Forms 3, 4 and 5 or any amendments thereto required to be filed with the Securities and Exchange Commission under the Securities Exchange Act of 1934 on behalf of the Corporation with regard to any securities owned by the Corporation, General Electric Capital Corporation or any of their subsidiaries; And, in connection with the foregoing, to execute and deliver all documents, acknowledgments, consents and other agreements and to take such further action as may be necessary or convenient for the Corporation in order to more effectively carry out the intent and purpose of the foregoing. Agreements, commitments, documents, instruments, and other writings executed by the Attorney in accordance with the terms hereof shall be binding upon the Corporation without attestation and without affixation of the seal of the Corporation. The Power of Attorney conferred hereby shall not be delegable by any Attorney. The Attorney shall serve without compensation for acting in the capacity of agent and attorney-in-fact hereunder. Unless revoked by the Corporation, this Power of Attorney shall be governed under the laws of the State of New York and the authority of the Attorney hereunder shall terminate on March 31, 2002. IN WITNESS WHEREOF, the Corporation has caused this Power of Attorney to be executed, attested and its corporate seal to be affixed pursuant to authority granted by the Corporation's board of directors, as of the 22nd day of February, 2000. General Electric Capital Services, Inc. (Corporate Seal) By: /s/ Nancy E. Barton ------------------- Nancy E. Barton, Senior Vice President Attest: /s/ Brian T. McAnaney - --------------------- Brian T. McAnaney, Assistant Secretary EX-99 4 a5-17ex3.txt EXHIBIT 3 EXHIBIT 3 POWER OF ATTORNEY The undersigned, General Electric Company, a New York corporation (hereinafter referred to as the "Corporation") does hereby make, constitute and appoint the persons listed below as the Corporation's true and lawful agent and attorney-in-fact (hereinafter referred to as the "Attorney") to act either together or alone in the name and on behalf of the Corporation for and with respect to the matters hereinafter described. Name of Attorney: Joan C. Amble Nancy E. Barton Jeffrey S. Werner Leon E. Roday Michael A. Gaudino Robert O. O'Reilly, Sr. Preston Abbott Murry K. Stegelmann James Ungari J. Gordon Smith Michael E. Pralle Iain MacKay Jonathan K. Sprole Barbara J. Gould Robert L. Lewis Wendy E. Ormond Mark F. Mylon Each Attorney shall have the power and authority to do the following: To execute and deliver any Schedule 13D, Schedule 13G or Forms 3, 4 and 5 or any amendments thereto required to be filed with the Securities and Exchange Commission under the Securities Exchange Act of 1934 on behalf of the Corporation with regard to any securities owned by General Electric Capital Services, Inc., General Electric Capital Corporation or any of their subsidiaries; And, in connection with the foregoing, to execute and deliver all documents, acknowledgments, consents and other agreements and to take such further action as may be necessary or convenient for the Corporation in order to more effectively carry out the intent and purpose of the foregoing. Agreements, commitments, documents, instruments, and other writings executed by the Attorney in accordance with the terms hereof shall be binding upon the Corporation without attestation and without affixation of the seal of the Corporation. The Power of Attorney conferred hereby shall not be delegable by any Attorney. The Attorney shall serve without compensation for acting in the capacity of agent and attorney-in-fact hereunder. Unless sooner revoked by the Corporation, this Power of Attorney shall be governed under the laws of the State of New York and the authority of the Attorney hereunder shall terminate on March 31, 2002. IN WITNESS WHEREOF, the Corporation has caused this Power of Attorney to be executed, attested and its corporate seal to be affixed pursuant to authority granted by the Corporation's board of directors, as of the 22nd day of February, 2000. General Electric Company (Corporate Seal) By: /s/ Philip D. Ameen ------------------- Philip D. Ameen, Vice President Attest: /s/ Robert E. Healing - --------------------- Robert E. Healing, Attesting Secretary -----END PRIVACY-ENHANCED MESSAGE-----