-----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, FXgEbcoFWDPM5PQnGj6xhe7k317ZipP99tcg+NySEx84f5c3rGgu819vko5+bBlF 048Ow+lHGMNDCvwDIcyyfg== 0001094891-03-000241.txt : 20030908 0001094891-03-000241.hdr.sgml : 20030908 20030908090059 ACCESSION NUMBER: 0001094891-03-000241 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20030908 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NEW FRONTIER MEDIA INC 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/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-78039 FILM NUMBER: 03885106 BUSINESS ADDRESS: STREET 1: 5435 AIRPORT BLVD STREET 2: SUITE 100 CITY: BOULDER STATE: CO ZIP: 80301 BUSINESS PHONE: 3034440632 FORMER COMPANY: FORMER CONFORMED NAME: NEW FRONTIER MEDIA INC /CO/ DATE OF NAME CHANGE: 19970627 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: KRELOFF MARK CENTRAL INDEX KEY: 0001114706 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: C/O NEW FRONTIER MEDIA INC STREET 2: 5435 AIRPORT BLVD #100 CITY: BOULDER STATE: CO ZIP: 80301 BUSINESS PHONE: 3037868700 MAIL ADDRESS: STREET 1: C/O NEW FRONTIER MEDIA INC STREET 2: 5435 AIRPORT BLVD #100 CITY: BOULDER STATE: CO ZIP: 80301 SC 13G/A 1 kreloff_noof13ga.txt AMENDMENT NO. 1 TO SCHEDULE 13G SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) (Amendment No. 1)* NEW FRONTIER MEDIA, INC. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $0.0001 par value - -------------------------------------------------------------------------------- (Title of Class of Securities) 644398 10 9 - -------------------------------------------------------------------------------- (CUSIP Number) August 26, 2003 - -------------------------------------------------------------------------------- (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 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 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 6 Pages - ---------------------------- ------------------- ------------------------------- - --------- ---------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Mark Kreloff - --------- ---------------------------------------------------------------------- 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 United States - --------- ---------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 674,629 Shares SHARES ------ ---------------------------------------------- BENEFICIALLY OWNED BY 6 SHARED VOTING POWER EACH REPORTING 0 PERSON ------ ---------------------------------------------- WITH 7 SOLE DISPOSITIVE POWER 674,629 Shares ------ ---------------------------------------------- 8 SHARED DISPOSITIVE POWER 0 - --------- ---------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 674,629 Shares - --------- ---------------------------------------------------------------------- 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [ ] - --------- ---------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 3.5% - --------- ---------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN - --------- ---------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! - ---------------------------- ------------------- ------------------------------- CUSIP No. 644398 10 9 13G Page 3 of 6 Pages - ---------------------------- ------------------- ------------------------------- Item 1(a). Name of Issuer: New Frontier Media, Inc. ("Issuer") -------------------------------------------------------------- Item 1(b.) Address of Issuer's Principal Executive Offices: 7007 Winchester Circle, Suite 200, Boulder, Colorado 80301 -------------------------------------------------------------- Item 2(a). Name of Persons Filing: Mark Kreloff -------------------------------------------------------------- Item 2(b). Address of Principal Business Office or, if None, Residence: 7007 Winchester Circle, Suite 200, Boulder, Colorado 80301 -------------------------------------------------------------- Item 2(c). Citizenship: United States -------------------------------------------------------------- Item 2(d). Title of Class of Securities: Common Stock, par value $.0001 per share -------------------------------------------------------------- Item 2(e). CUSIP Number: 644398 10 9 -------------------------------------------------------------- Item 3. If This Statement is Filed Pursuant to Rules 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 Exchange Act; (b) [ ] Bank as defined in Section 3(a)(6) of the Exchange Act; (c) [ ] Insurance company as defined in Section 3(a)(19) of the Exchange Act; (d) [ ] Investment company registered under Section 8 of the Investment Company Act; (e) [ ] An investment adviser in accordance with Rule 13d-1(b)(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)(ii)(G) (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; (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) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J). - ---------------------------- ------------------- ------------------------------- CUSIP No. 644398 10 9 13G Page 4 of 6 Pages - ---------------------------- ------------------- ------------------------------- Item 4. Ownership Provide the following information regarding the aggregate number and percentage of the class of securities of the Issuer identified in Item 1. (a) Amount beneficially owned: The Reporting Person beneficially owns 674,629 shares of common stock of the Issuer. Of this amount, 216,081 shares of common stock are held by Calan Investments, LLC of which the Reporting Person is the sole managing member and sole shareholder and (ii) 69,000 shares of common stock are issuable upon exercise of a currently exercisable warrant. (b) Percent of Class: 3.5% (based upon 19,431,589 shares of common stock outstanding as reported by the Issuer in its Quarterly Report on Form 10-Q for the quarter ended June 30, 2003). (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: 674,629 shares of common stock, including 69,000 shares of common stock issuable upon exercise of a currently exercisable warrant. (ii) Shared power to vote or to direct the vote: 0 shares of common stock. (iii) Sole power to dispose or to direct the disposition of: 674,629 shares of common stock, including 69,000 shares of common stock issuable upon exercise of a currently exercisable warrant. (iv) Shared power to dispose or to direct the disposition of: 0 shares of common stock. 82,521 shares of common stock are held by the Ethyx Trust, an irrevocable trust, of which the Reporting Person's brother is the sole trustee and the sole beneficiaries are the two minor children of the Reporting Person. The Reporting Person has no voting or dispositive power over the shares held by the Ethyx Trust and, accordingly, is not included in the Reporting Person's beneficial ownership. Instruction: For computations regarding securities which represent a right to acquire an underlying security see Rule 13d-3(d)(1). Item 5. Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: |X| On August 26, 2003, the Issuer held its annual meeting of stockholders. Following the meeting, the Reporting Person ceased to be a director of the Issuer. As a result, all unexercised options to purchase common stock of the Issuer held by the Reporting Person expired by their terms. Accordingly, the Reporting Person ceased to be the beneficial owner of more than five percent of the Issuer's common stock. Item 6. Ownership of More than Five Percent on Behalf of Another Person. None. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. None. - ---------------------------- ------------------- ------------------------------- CUSIP No. 644398 10 9 13G Page 5 of 6 Pages - ---------------------------- ------------------- ------------------------------- Item 8. Identification and Classification of Members of the Group. None. Item 9. Notice of Dissolution of Group. None. Item 10. Certifications. None. - ---------------------------- ------------------- ------------------------------- CUSIP No. 644398 10 9 13G Page 6 of 6 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. Dated: September 5, 2003 /s/ Mark Kreloff --------------------------------- Mark Kreloff -----END PRIVACY-ENHANCED MESSAGE-----