-----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, T6WMU5q+dUW3QL+Gw0Wtt6unvjs6Tvenmvnt3pmESM2Wm48BJ/rcGhI81RC5x0/6 Z483lrdvcXgzyLwtF3i6QQ== /in/edgar/work/20000906/0000927089-00-000262/0000927089-00-000262.txt : 20000922 0000927089-00-000262.hdr.sgml : 20000922 ACCESSION NUMBER: 0000927089-00-000262 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000906 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: KINGS ROAD ENTERTAINMENT INC CENTRAL INDEX KEY: 0000773588 STANDARD INDUSTRIAL CLASSIFICATION: [7812 ] IRS NUMBER: 953587522 STATE OF INCORPORATION: DE FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-37118 FILM NUMBER: 717519 BUSINESS ADDRESS: STREET 1: 3489 WEST CAHUENGA BLVD STREET 2: SUITE D CITY: HOLLYWOOD STATE: CA ZIP: 90068 BUSINESS PHONE: (323) 512-5045 MAIL ADDRESS: STREET 1: 1901 AVE OF THE STARS STREET 2: SUITE 1545 CITY: LOS ANGELES STATE: CA ZIP: 90067 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DUPONT DIRECT FINANCIAL HOLDINGS INC CENTRAL INDEX KEY: 0000807904 STANDARD INDUSTRIAL CLASSIFICATION: [5700 ] IRS NUMBER: 593461241 STATE OF INCORPORATION: GA FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 42 BROADWAY SUITE 1101 STREET 2: PO BOX 1887 BOWLING GREEN STATION CITY: NEW YORK STATE: NY ZIP: 10004 BUSINESS PHONE: 9173204800 MAIL ADDRESS: STREET 1: 42 BROADWAY STE 1101 STREET 2: PO BOX 1887 BOWLING GREEN STATION CITY: NEW YORK STATE: NY ZIP: 10004 FORMER COMPANY: FORMER CONFORMED NAME: FAB GLOBAL INC DATE OF NAME CHANGE: 19990406 FORMER COMPANY: FORMER CONFORMED NAME: MARCI INTERNATIONAL IMPORTS INC DATE OF NAME CHANGE: 19970523 SC 13G 1 0001.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. )* --- Kings Road Entertainment, Inc. - ------------------------------------------------------------------ (Name of Issuer) Common Stock, Par Value $0.01 per share - ------------------------------------------------------------------ (Title of Class of Securities) 496 162 207 - ------------------------------------------------------------------ (CUSIP Number) May 17, 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) [X] Rule 13d-1(c) [ ] 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). Page 1 of 8 Pages CUSIP NO. 496 162 207 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NUMBER OF ABOVE PERSON (Entities Only) Dupont Direct Financial Holdings, Incorporated IRS I.D. No. 59-3461241 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) X 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Georgia NUMBER OF 5 SOLE VOTING POWER SHARES 300,000 BENEFICIALLY OWNED BY 6 SHARED VOTING POWER EACH 0 REPORTING PERSON WITH 7 SOLE DISPOSITIVE POWER 300,000 8 SHARED DISPOSITIVE POWER 0 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 300,000 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES -------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 8.5% 12 TYPE OF REPORTING PERSON CO Page 2 of 8 Pages CUSIP NO. 496 162 207 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NUMBER OF ABOVE PERSON Wavecount, Inc. IRS I.D. No. 13-4654481 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) X 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF 5 SOLE VOTING POWER SHARES 300,000 BENEFICIALLY OWNED BY 6 SHARED VOTING POWER EACH 0 REPORTING PERSON WITH 7 SOLE DISPOSITIVE POWER 300,000 8 SHARED DISPOSITIVE POWER 0 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 300,000 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 8.5% 12 TYPE OF REPORTING PERSON CO Page 3 of 8 Pages ITEM 1(a) Name of Issuer: -------------- Kings Road Entertainment, Inc. ("Kings Road") ITEM 1(b) Address of Issuer's Principal Executive Officers: ------------------------------------------------- 3489 West Cahuenga Boulevard, Suite D Hollywood, California 90068 ITEM 2(a) Names of Persons Filing: ------------------------ Dupont Direct Financial Holdings, Incorporated ("Dupont"). Wavecount, Inc. ("Wavecount"), the beneficial owner of approximately 80.2% of the common stock of Dupont, may by virtue of such ownership be deemed to also beneficially own the shares of Kings Road held by Dupont. ITEM 2(b) Address of Principal Business Office: ------------------------------------- The business address of both Dupont and Wavecount is: 42 Broadway, Suite 1100-26 New York, New York 10004 ITEM 2(c) Citizenship: ------------ Dupont is a Georgia corporation. Wavecount is a Delaware corporation. ITEM 2(d) Title of Class of Securities: ----------------------------- Common stock, par value $.01 per share ("Kings Road Common Stock"). ITEM 2(e) CUSIP Number: 496 162 207 ITEM 3 If this statement is filed pursuant to Section 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is: (a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); (b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); (d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) [ ] An investment adviser in accordance with Section 240.13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Section 240.13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Section 240.13d-1(b)(1)(ii)(G); (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3) (j) [ ] Group, in accordance with Section 240.13d-1(b)(1)(ii)(J). Page 4 of 8 Pages ITEM 4 Ownership: ---------- (a) Amount beneficially owned : 300,000 (b) Percent of class: 8.5% (c) Number of shares as to which the person has: (i) sole power to vote or direct the vote: 300,000 (ii) shared power to vote or direct the vote: 0 (iii) sole power to dispose or direct the disposition of: 300,000 (iv) shared power to dispose or direct the disposition of: 0 The shares reported above are beneficially owned directly by Dupont. As the beneficial owner of approximately 80.2% of the shares of common stock of Dupont, Wavecount also may be deemed to beneficially own the shares of Kings Road Common Stock owned by Dupont. 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: --------------- As the beneficial owner of approximately 80.2% of the the shares of common stock of Dupont, Wavecount controls the election of the Board of Directors of Dupont and, accordingly, has the power to direct the receipt of dividends paid on the shares of Kings Road Common Stock beneficially owned by Dupont. Page 5 of 8 Pages ITEM 7 Identification and Classification of the Subsidiary ---------------------------------------------------- Which Acquired the Security Being Reported on by the ---------------------------------------------------- Parent Holding Company: ----------------------- See Item 4 above. 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 in and are not held in connection with or as a participant in any transaction having such purpose or effect. Page 6 of 8 Pages SIGNATURE DUPONT DIRECT FINANCIAL HOLDINGS, INCORPORATED Date: 08/29/00 By: /s/ David W. Parsons -------------- ------------------------------------ Name: David W. Parsons Title: Secretary and General Counsel WAVECOUNT, INC. Date: 08/29/00 By: /s/ Randy M. Strausberg -------------- ------------------------------------ Name: Randy M. Strausberg Title: President Page 7 of 8 Pages JOINT FILING AGREEMENT Dupont Direct Financial Holdings, Inc. and Wavecount, Inc. agree that the Schedule 13G to which this agreement is attached, relating to the common stock of Kings Road Entertainment, Inc., is filed on behalf of each of them. DUPONT DIRECT FINANCIAL HOLDINGS, INC. Date: 08/29/00 By: /s/ David W. Parsons -------------- ------------------------------------ Name: David W. Parsons Title: Secretary and General Counsel WAVECOUNT, INC. Date: 08/29/00 By: /s/ Randy M. Strausberg -------------- ------------------------------------ Name: Randy M. Strausberg Title: President Page 8 of 8 Pages -----END PRIVACY-ENHANCED MESSAGE-----