-----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, F2FlPDbzXGI0sP0NMlwVo6uXkGKRjacZT2+eflzUxj86WYjWma8Oko9Qj0vluPDy iMDTCj8XpbDxPWBqKTf26Q== 0000890163-99-000069.txt : 19990222 0000890163-99-000069.hdr.sgml : 19990222 ACCESSION NUMBER: 0000890163-99-000069 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990219 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NEW FRONTIER MEDIA INC /CO/ CENTRAL INDEX KEY: 0000847383 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MOTION PICTURE & VIDEO TAPE DISTRIBUTION [7822] IRS NUMBER: 841084061 STATE OF INCORPORATION: CO FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-54889 FILM NUMBER: 99545681 BUSINESS ADDRESS: STREET 1: 5435 AIRPORT BLVD STREET 2: SUITE 100 CITY: BOULDER STATE: CO ZIP: 80301 BUSINESS PHONE: (303) 444-0632 FORMER COMPANY: FORMER CONFORMED NAME: NATIONAL SECURITIES HOLDING CORPORATION DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: STRATEGIC ACQUISITIONS INC DATE OF NAME CHANGE: 19600201 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: COLUMBINE FINANCIAL SOLUTIONS INC CENTRAL INDEX KEY: 0001080086 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 84472004 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 3801 E FLORIDA ST STREET 2: SUITE 400 CITY: DENVER STATE: CO ZIP: 80210 BUSINESS PHONE: 3038772202 MAIL ADDRESS: STREET 1: 3801 E FLORIDA ST STREET 2: SUITE 400 CITY: DENVER STATE: CO ZIP: 80210 SC 13G 1 SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ------------------------- SCHEDULE 13G ------------------------- INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. )* NEW FRONTIER MEDIA, INC. (NAME OF ISSUER) Common Stock (TITLE OF CLASS OF SECURITIES) 644398-10-9 (CUSIP NUMBER) February 3, 1999 (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) / / Rule 13d-1 (c) / X / 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). CUSIP NO. 644398-10-9 13G Page 2 of 5 1. NAME OF REPORTING PERSON, I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): Columbine Financial Solutions, Inc., Fed. I.D. No. 13-84-472004 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*: (a) / / (b) / / 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware NUMBER OF SHARES 5. SOLE VOTING POWER: 738,000 BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 6. SHARED VOTING POWER: 7. SOLE DISPOSITIVE POWER: 738,000 8. SHARED DISPOSITIVE POWER: 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 738,000 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES:* / / 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 8.06% 12. TYPE OF REPORTING PERSON*: CO - ------------------------------ * See Instructions before filling out! CUSIP NO. 644398-10-9 13G Page 3 of 5 Schedule 13G of Columbine Financial Solutions, Inc. with respect to the common stock (the "Common Shares") of New Frontier Media, Inc. (the "Company"). ITEM 1 (a) NAME OF ISSUER: New Frontier Media, Inc. ITEM 1 (b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 5435 Airport Road, Suite 100, Boulder, Colorado 80301 ITEM 2 (a) NAME OF PERSON FILING: Columbine Financial Solutions, Inc. ITEM 2 (b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: 3801 E. Florida Street, Suite 400, Denver, CO 80210 ITEM 2 (c) CITIZENSHIP: Columbine Financial Solutions, Inc. is a Colorado corporation. ITEM 2 (d) TITLE OF CLASS OF SECURITIES: A Common Stock ITEM 2 (e) CUSIP NUMBER: 644398-10-9 ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B), OR 13D-2(B) or (C), CHECK WHETHER THE PERSON FILING IS A: (a) ( ) Broker or Dealer registered under Section 15 of the Securities Exchange Act of 1934 (the "Act") (b) ( ) Bank as defined in Section 3(a)(6) of the Act (c) ( ) Insurance Company as defined in Section 3(a)(19) of the Act (d) ( ) Investment Company registered under Section 8 of the Investment Company Act of 1940 (e) ( ) An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) ( ) An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) ( ) A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); (h) ( ) A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; CUSIP NO. 644398-10-9 13G Page 4 of 5 (i) ( ) A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act; (j) ( ) A Group, in accordance with Rule 13d-1(b)(1)(ii)(J). If this statement is filed pursuant to Rule 13d-1(c), check this box. /X/ ITEM 4. OWNERSHIP (a) Amount Beneficially Owned: 738,000 (b) Percentage of Class: 8.06% (based on the 6,542,000 Common Shares reported to be outstanding in the Company's Quarterly Report on Form 10-QSB for the quarter ended September 30, 1998 and after giving effect to the conversion of the Company's 8% Convertible Debentures and the shares issuable upon exercise of the warrants held by them). (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 738,000 (ii) shared power to vote or to direct the vote: (iii) sole power to dispose or to direct the disposition of :738,000 (iv) shared power to dispose to direct the disposition of: Columbine Financial Solutions owns 638,000 shares of common stock and warrants to purchase an additional 100,000 shares of common stock of the Company. 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. CUSIP NO. 644398-10-9 13G Page 5 of 5 ITEM 9. NOTICE OF DISSOLUTION OF GROUP Not applicable. ITEM 10. CERTIFICATION. (if filing pursuant to Rule 13d-1(c)) 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. 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: February 15, 1999 COLUMBINE FINANCIAL SOLUTIONS, INC. By: /s/ Kathleen M. O'Keefe ------------------------------- Kathleen M. O'Keefe -----END PRIVACY-ENHANCED MESSAGE-----