-----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, VgdqU0SHObD5HWBX7Mw+I8dxg4Wp9ay8Tw6KViLbNorSM3pnl9pUthv5NOaIYgHl ABb1cEYifCMUlcWjl13B+A== 0000891554-00-001097.txt : 20000421 0000891554-00-001097.hdr.sgml : 20000421 ACCESSION NUMBER: 0000891554-00-001097 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000420 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ONLINE RESOURCES & COMMUNICATIONS CORP CENTRAL INDEX KEY: 0000888953 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 521623052 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-56437 FILM NUMBER: 606049 BUSINESS ADDRESS: STREET 1: 7600 COLSHIRE DRIVE CITY: MCLEAN STATE: VA ZIP: 22102 BUSINESS PHONE: 7033945100 MAIL ADDRESS: STREET 1: 7600 COLSHIRE DRIVE CITY: MCLEAN STATE: VA ZIP: 22102 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: 21ST CENTURY COMMUNICATIONS PARTNERS L P CENTRAL INDEX KEY: 0000930868 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 767 FIFTH AVE STREET 2: 45TH FL CITY: NEW YORK STATE: NY ZIP: 10153 BUSINESS PHONE: 2127548100 SC 13D/A 1 AMENDMENT NO. 1 TO SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 S C H E D U L E 13D Under the Securities Exchange Act of 1934 (Amendment No. 1)(1) ONLINE RESOURCES & COMMUNICATIONS CORPORATION (Name of Issuer) COMMON STOCK, $0.0001 PAR VALUE (Title of Class of Securities) 68273G101 (CUSIP Number) Copy to: 21st Century Communications Michael R. Reiner, Esq. Partners, L.P. Morrison Cohen Singer & Weinstein, LLP 767 Fifth Avenue 750 Lexington Avenue New York, New York 10153 New York, New York 10022 Telephone (212) 754-8100 Telephone (212) 735-8600 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) March 9, 2000 (Date of Event which Requires Filing 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 Rule 13d-1(e), 13d-1(f) or 13d-(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 page(s)) - -------- (1) 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 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 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). - 1 of 50 - CUSIP No. No. 68273G101 13D ________________________________________________________________________________ 1 Name of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) Wheatley Partners II, L.P., (formerly, Applewood Associates, L.P.) ________________________________________________________________________________ 2 Check the Appropriate Box If a Member of a Group* (a) [_] (b) [_] ________________________________________________________________________________ 3 SEC Use Only ________________________________________________________________________________ 4 Source of Funds* WC, OO ________________________________________________________________________________ 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] ________________________________________________________________________________ 6 Citizenship or Place of Organization New York ________________________________________________________________________________ 7 Sole Voting Power Number of 312,915 shares 2.8% Shares _________________________________________________________________ 8 Shared Voting Power Beneficially Owned by 0 shares 0% _________________________________________________________________ Each 9 Sole Dispositive Power Reporting 312,915 shares 2.8% Person _________________________________________________________________ 10 Shared Dispositive Power With 0 shares 0% ________________________________________________________________________________ 11 Aggregate Amount Beneficially Owned by Each Reporting Person 312,915 shares ________________________________________________________________________________ 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* [_] ________________________________________________________________________________ 13 Percent of Class Represented by Amount in Row (11) 2.8% ________________________________________________________________________________ 14 Type of Reporting Person* IN ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 2 of 50 - CUSIP No. No. 68273G101 13D ________________________________________________________________________________ 1 Name of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) Applewood Capital Corp. ________________________________________________________________________________ 2 Check the Appropriate Box If a Member of a Group* (a) [_] (b) [_] ________________________________________________________________________________ 3 SEC Use Only ________________________________________________________________________________ 4 Source of Funds* OO ________________________________________________________________________________ 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] ________________________________________________________________________________ 6 Citizenship or Place of Organization New York ________________________________________________________________________________ 7 Sole Voting Power Number of 0 shares 0% Shares _________________________________________________________________ 8 Shared Voting Power Beneficially Owned by 312,915 shares 2.8% _________________________________________________________________ Each 9 Sole Dispositive Power Reporting 0 Shares 0% Person _________________________________________________________________ 10 Shared Dispositive Power With 312,915 shares 2.8% ________________________________________________________________________________ 11 Aggregate Amount Beneficially Owned by Each Reporting Person 312,915 shares ________________________________________________________________________________ 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* [_] ________________________________________________________________________________ 13 Percent of Class Represented by Amount in Row (11) 2.8% ________________________________________________________________________________ 14 Type of Reporting Person* CO ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 3 of 50 - CUSIP No. No. 68273G101 13D ________________________________________________________________________________ 1 Name of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) Irwin Lieber ________________________________________________________________________________ 2 Check the Appropriate Box If a Member of a Group* (a) [_] (b) [_] ________________________________________________________________________________ 3 SEC Use Only ________________________________________________________________________________ 4 Source of Funds* PF, OO ________________________________________________________________________________ 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] ________________________________________________________________________________ 6 Citizenship or Place of Organization United Shares ________________________________________________________________________________ 7 Sole Voting Power Number of 14,256 shares 0.1% Shares _________________________________________________________________ 8 Shared Voting Power Beneficially Owned by 825,253 shares 7.2% _________________________________________________________________ Each 9 Sole Dispositive Power Reporting 14,256 shares 0.1% Person _________________________________________________________________ 10 Shared Dispositive Power With 825,253 shares 7.2% ________________________________________________________________________________ 11 Aggregate Amount Beneficially Owned by Each Reporting Person 839,509 shares ________________________________________________________________________________ 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* [_] ________________________________________________________________________________ 13 Percent of Class Represented by Amount in Row (11) 7.3% ________________________________________________________________________________ 14 Type of Reporting Person* IN ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 4 of 50 - CUSIP No. No. 68273G101 13D ________________________________________________________________________________ 1 Name of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) Barry Rubenstein ________________________________________________________________________________ 2 Check the Appropriate Box If a Member of a Group* (a) [_] (b) [_] ________________________________________________________________________________ 3 SEC Use Only ________________________________________________________________________________ 4 Source of Funds* OO ________________________________________________________________________________ 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] ________________________________________________________________________________ 6 Citizenship or Place of Organization United Shares ________________________________________________________________________________ 7 Sole Voting Power Number of 0 shares 0% Shares _________________________________________________________________ 8 Shared Voting Power Beneficially Owned by 839,509 shares 7.3% _________________________________________________________________ Each 9 Sole Dispositive Power Reporting 0 shares 0% Person _________________________________________________________________ 10 Shared Dispositive Power With 839,509 shares 7.3% ________________________________________________________________________________ 11 Aggregate Amount Beneficially Owned by Each Reporting Person 839,509 shares ________________________________________________________________________________ 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* [_] ________________________________________________________________________________ 13 Percent of Class Represented by Amount in Row (11) 7.3% ________________________________________________________________________________ 14 Type of Reporting Person* IN ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 5 of 50 - CUSIP No. No. 68273G101 13D ________________________________________________________________________________ 1 Name of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) Barry Fingerhut ________________________________________________________________________________ 2 Check the Appropriate Box If a Member of a Group* (a) [_] (b) [_] ________________________________________________________________________________ 3 SEC Use Only ________________________________________________________________________________ 4 Source of Funds* PF, OO ________________________________________________________________________________ 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] ________________________________________________________________________________ 6 Citizenship or Place of Organization United Shares ________________________________________________________________________________ 7 Sole Voting Power Number of 39,204 shares 0.4% Shares ________________________________________________________________ 8 Shared Voting Power Beneficially Owned by 825,253 shares 7.2% _________________________________________________________________ Each 9 Sole Dispositive Power Reporting 39,204 shares 0.4% Person _________________________________________________________________ 10 Shared Dispositive Power With 825,253 shares 7.2% ________________________________________________________________________________ 11 Aggregate Amount Beneficially Owned by Each Reporting Person 864,457 shares ________________________________________________________________________________ 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* [_] ________________________________________________________________________________ 13 Percent of Class Represented by Amount in Row (11) 7.5% ________________________________________________________________________________ 14 Type of Reporting Person* IN ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 6 of 50 - CUSIP No. No. 68273G101 13D ________________________________________________________________________________ 1 Name of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) Seth Lieber ________________________________________________________________________________ 2 Check the Appropriate Box If a Member of a Group* (a) [_] (b) [_] ________________________________________________________________________________ 3 SEC Use Only ________________________________________________________________________________ 4 Source of Funds* OO ________________________________________________________________________________ 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] ________________________________________________________________________________ 6 Citizenship or Place of Organization United Shares ________________________________________________________________________________ 7 Sole Voting Power Number of 0 shares 0% Shares ________________________________________________________________ 8 Shared Voting Power Beneficially Owned by 312,915 shares 2.8% _________________________________________________________________ Each 9 Sole Dispositive Power Reporting 0 shares 0% Person _________________________________________________________________ 10 Shared Dispositive Power With 312,915 shares 2.8% ________________________________________________________________________________ 11 Aggregate Amount Beneficially Owned by Each Reporting Person 312,915 shares ________________________________________________________________________________ 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* [_] ________________________________________________________________________________ 13 Percent of Class Represented by Amount in Row (11) 2.8% ________________________________________________________________________________ 14 Type of Reporting Person* IN ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 7 of 50 - CUSIP No. No. 68273G101 13D ________________________________________________________________________________ 1 Name of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) Jonathan Lieber ________________________________________________________________________________ 2 Check the Appropriate Box If a Member of a Group* (a) [_] (b) [_] ________________________________________________________________________________ 3 SEC Use Only ________________________________________________________________________________ 4 Source of Funds* OO ________________________________________________________________________________ 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] ________________________________________________________________________________ 6 Citizenship or Place of Organization United Shares ________________________________________________________________________________ 7 Sole Voting Power Number of 0 shares 0% Shares ________________________________________________________________ 8 Shared Voting Power Beneficially Owned by 312,915 shares 2.8% _________________________________________________________________ Each 9 Sole Dispositive Power Reporting 0 shares 0% Person _________________________________________________________________ 10 Shared Dispositive Power With 312,915 shares 2.8% ________________________________________________________________________________ 11 Aggregate Amount Beneficially Owned by Each Reporting Person 312,915 shares ________________________________________________________________________________ 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* [_] ________________________________________________________________________________ 13 Percent of Class Represented by Amount in Row (11) 2.8% ________________________________________________________________________________ 14 Type of Reporting Person* IN ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 8 of 50 - CUSIP No. No. 68273G101 13D ________________________________________________________________________________ 1 Name of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) 21st Century Communications Partners, L.P. ________________________________________________________________________________ 2 Check the Appropriate Box If a Member of a Group* (a) [_] (b) [_] ________________________________________________________________________________ 3 SEC Use Only ________________________________________________________________________________ 4 Source of Funds* WC, OO ________________________________________________________________________________ 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] ________________________________________________________________________________ 6 Citizenship or Place of Organization Delaware ________________________________________________________________________________ 7 Sole Voting Power Number of 347,411 shares 3.1% Shares ________________________________________________________________ 8 Shared Voting Power Beneficially Owned by 164,927 shares 1.5% _________________________________________________________________ Each 9 Sole Dispositive Power Reporting 347,411 shares 3.1% Person _________________________________________________________________ 10 Shared Dispositive Power With 164,927 shares 1.5% ________________________________________________________________________________ 11 Aggregate Amount Beneficially Owned by Each Reporting Person 512,338 shares ________________________________________________________________________________ 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* [_] ________________________________________________________________________________ 13 Percent of Class Represented by Amount in Row (11) 4.5% ________________________________________________________________________________ 14 Type of Reporting Person* PN ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 9 of 50 - CUSIP No. No. 68273G101 13D ________________________________________________________________________________ 1 Name of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) 21st Century Communications T-E Partners, L.P. ________________________________________________________________________________ 2 Check the Appropriate Box If a Member of a Group* (a) [_] (b) [_] ________________________________________________________________________________ 3 SEC Use Only ________________________________________________________________________________ 4 Source of Funds* WC, OO ________________________________________________________________________________ 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] ________________________________________________________________________________ 6 Citizenship or Place of Organization Delaware ________________________________________________________________________________ 7 Sole Voting Power Number of 118,224 shares 1.1% Shares ________________________________________________________________ 8 Shared Voting Power Beneficially Owned by 394,114 shares 3.5% _________________________________________________________________ Each 9 Sole Dispositive Power Reporting 118,224 shares 1.1% Person _________________________________________________________________ 10 Shared Dispositive Power With 394,114 shares 3.5% ________________________________________________________________________________ 11 Aggregate Amount Beneficially Owned by Each Reporting Person 512,338 shares ________________________________________________________________________________ 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* [_] ________________________________________________________________________________ 13 Percent of Class Represented by Amount in Row (11) 4.5% ________________________________________________________________________________ 14 Type of Reporting Person* PN ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 10 of 50 - CUSIP No. No. 68273G101 13D ________________________________________________________________________________ 1 Name of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) 21st Century Communications Foreign Partners, L.P. ________________________________________________________________________________ 2 Check the Appropriate Box If a Member of a Group* (a) [_] (b) [_] ________________________________________________________________________________ 3 SEC Use Only ________________________________________________________________________________ 4 Source of Funds* WC, OO ________________________________________________________________________________ 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] ________________________________________________________________________________ 6 Citizenship or Place of Organization Delaware ________________________________________________________________________________ 7 Sole Voting Power Number of 46,703 shares 0.4% Shares ________________________________________________________________ 8 Shared Voting Power Beneficially Owned by 465,635 shares 4.1% _________________________________________________________________ Each 9 Sole Dispositive Power Reporting 46,703 shares 0.4% Person _________________________________________________________________ 10 Shared Dispositive Power With 465,635 shares 4.1% ________________________________________________________________________________ 11 Aggregate Amount Beneficially Owned by Each Reporting Person 512,338 shares ________________________________________________________________________________ 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* [_] ________________________________________________________________________________ 13 Percent of Class Represented by Amount in Row (11) 4.5% ________________________________________________________________________________ 14 Type of Reporting Person* PN ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 11 of 50 - CUSIP No. No. 68273G101 13D ________________________________________________________________________________ 1 Name of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) Sandlers Investment Partners, L.P. ________________________________________________________________________________ 2 Check the Appropriate Box If a Member of a Group* (a) [_] (b) [_] ________________________________________________________________________________ 3 SEC Use Only ________________________________________________________________________________ 4 Source of Funds* OO ________________________________________________________________________________ 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] ________________________________________________________________________________ 6 Citizenship or Place of Organization New York ________________________________________________________________________________ 7 Sole Voting Power Number of 0 shares 0% Shares ________________________________________________________________ 8 Shared Voting Power Beneficially Owned by 512,338 shares 4.5% _________________________________________________________________ Each 9 Sole Dispositive Power Reporting 0 shares 0% Person _________________________________________________________________ 10 Shared Dispositive Power With 512,338 shares 4.5% ________________________________________________________________________________ 11 Aggregate Amount Beneficially Owned by Each Reporting Person 512,338 shares ________________________________________________________________________________ 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* [_] ________________________________________________________________________________ 13 Percent of Class Represented by Amount in Row (11) 4.5% ________________________________________________________________________________ 14 Type of Reporting Person* PN ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 12 of 50 - CUSIP No. No. 68273G101 13D ________________________________________________________________________________ 1 Name of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) Sandler Capital Management ________________________________________________________________________________ 2 Check the Appropriate Box If a Member of a Group* (a) [_] (b) [_] ________________________________________________________________________________ 3 SEC Use Only ________________________________________________________________________________ 4 Source of Funds* OO ________________________________________________________________________________ 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] ________________________________________________________________________________ 6 Citizenship or Place of Organization New York ________________________________________________________________________________ 7 Sole Voting Power Number of 0 shares 0% Shares ________________________________________________________________ 8 Shared Voting Power Beneficially Owned by 512,338 shares 4.5% _________________________________________________________________ Each 9 Sole Dispositive Power Reporting 0 shares 0% Person _________________________________________________________________ 10 Shared Dispositive Power With 512,338 shares 4.5% ________________________________________________________________________________ 11 Aggregate Amount Beneficially Owned by Each Reporting Person 512,338 shares ________________________________________________________________________________ 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* [_] ________________________________________________________________________________ 13 Percent of Class Represented by Amount in Row (11) 4.5% ________________________________________________________________________________ 14 Type of Reporting Person* PN ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 13 of 50 - CUSIP No. No. 68273G101 13D ________________________________________________________________________________ 1 Name of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) ARH Corp. ________________________________________________________________________________ 2 Check the Appropriate Box If a Member of a Group* (a) [_] (b) [_] ________________________________________________________________________________ 3 SEC Use Only ________________________________________________________________________________ 4 Source of Funds* OO ________________________________________________________________________________ 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] ________________________________________________________________________________ 6 Citizenship or Place of Organization Delaware ________________________________________________________________________________ 7 Sole Voting Power Number of 0 shares 0% Shares ________________________________________________________________ 8 Shared Voting Power Beneficially Owned by 512,338 shares 4.5% _________________________________________________________________ Each 9 Sole Dispositive Power Reporting 0 shares 0% Person _________________________________________________________________ 10 Shared Dispositive Power With 512,338 shares 4.5% ________________________________________________________________________________ 11 Aggregate Amount Beneficially Owned by Each Reporting Person 512,338 shares ________________________________________________________________________________ 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* [_] ________________________________________________________________________________ 13 Percent of Class Represented by Amount in Row (11) 4.5% ________________________________________________________________________________ 14 Type of Reporting Person* CO ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 14 of 50 - CUSIP No. No. 68273G101 13D ________________________________________________________________________________ 1 Name of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) ALCR Corp. ________________________________________________________________________________ 2 Check the Appropriate Box If a Member of a Group* (a) [_] (b) [_] ________________________________________________________________________________ 3 SEC Use Only ________________________________________________________________________________ 4 Source of Funds* OO ________________________________________________________________________________ 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] ________________________________________________________________________________ 6 Citizenship or Place of Organization New York ________________________________________________________________________________ 7 Sole Voting Power Number of 0 shares 0% Shares ________________________________________________________________ 8 Shared Voting Power Beneficially Owned by 512,338 shares 4.5% _________________________________________________________________ Each 9 Sole Dispositive Power Reporting 0 shares 0% Person _________________________________________________________________ 10 Shared Dispositive Power With 512,338 shares 4.5% ________________________________________________________________________________ 11 Aggregate Amount Beneficially Owned by Each Reporting Person 512,338 shares ________________________________________________________________________________ 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* [_] ________________________________________________________________________________ 13 Percent of Class Represented by Amount in Row (11) 4.5% ________________________________________________________________________________ 14 Type of Reporting Person* CO ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 15 of 50 - CUSIP No. No. 68273G101 13D ________________________________________________________________________________ 1 Name of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) MJDM Corp. ________________________________________________________________________________ 2 Check the Appropriate Box If a Member of a Group* (a) [_] (b) [_] ________________________________________________________________________________ 3 SEC Use Only ________________________________________________________________________________ 4 Source of Funds* OO ________________________________________________________________________________ 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] ________________________________________________________________________________ 6 Citizenship or Place of Organization New York ________________________________________________________________________________ 7 Sole Voting Power Number of 0 shares 0% Shares ________________________________________________________________ 8 Shared Voting Power Beneficially Owned by 512,338 shares 4.5% _________________________________________________________________ Each 9 Sole Dispositive Power Reporting 0 shares 0% Person _________________________________________________________________ 10 Shared Dispositive Power With 512,338 shares 4.5% ________________________________________________________________________________ 11 Aggregate Amount Beneficially Owned by Each Reporting Person 512,338 shares ________________________________________________________________________________ 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* [_] ________________________________________________________________________________ 13 Percent of Class Represented by Amount in Row (11) 4.5% ________________________________________________________________________________ 14 Type of Reporting Person* CO ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 16 of 50 - CUSIP No. No. 68273G101 13D ________________________________________________________________________________ 1 Name of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) Four JK Corp. ________________________________________________________________________________ 2 Check the Appropriate Box If a Member of a Group* (a) [_] (b) [_] ________________________________________________________________________________ 3 SEC Use Only ________________________________________________________________________________ 4 Source of Funds* OO ________________________________________________________________________________ 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] ________________________________________________________________________________ 6 Citizenship or Place of Organization Delaware ________________________________________________________________________________ 7 Sole Voting Power Number of 0 shares 0% Shares ________________________________________________________________ 8 Shared Voting Power Beneficially Owned by 512,338 shares 4.5% _________________________________________________________________ Each 9 Sole Dispositive Power Reporting 0 shares 0% Person _________________________________________________________________ 10 Shared Dispositive Power With 512,338 shares 4.5% ________________________________________________________________________________ 11 Aggregate Amount Beneficially Owned by Each Reporting Person 512,338 shares ________________________________________________________________________________ 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* [_] ________________________________________________________________________________ 13 Percent of Class Represented by Amount in Row (11) 4.5% ________________________________________________________________________________ 14 Type of Reporting Person* CO ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 17 of 50 - CUSIP No. No. 68273G101 13D ________________________________________________________________________________ 1 Name of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) SERF Corp. ________________________________________________________________________________ 2 Check the Appropriate Box If a Member of a Group* (a) [_] (b) [_] ________________________________________________________________________________ 3 SEC Use Only ________________________________________________________________________________ 4 Source of Funds* OO ________________________________________________________________________________ 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] ________________________________________________________________________________ 6 Citizenship or Place of Organization New York ________________________________________________________________________________ 7 Sole Voting Power Number of 0 shares 0% Shares ________________________________________________________________ 8 Shared Voting Power Beneficially Owned by 512,338 shares 4.5% _________________________________________________________________ Each 9 Sole Dispositive Power Reporting 0 shares 0% Person _________________________________________________________________ 10 Shared Dispositive Power With 512,338 shares 4.5% ________________________________________________________________________________ 11 Aggregate Amount Beneficially Owned by Each Reporting Person 512,338 shares ________________________________________________________________________________ 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* [_] ________________________________________________________________________________ 13 Percent of Class Represented by Amount in Row (11) 4.5% ________________________________________________________________________________ 14 Type of Reporting Person* CO ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 18 of 50 - CUSIP No. No. 68273G101 13D ________________________________________________________________________________ 1 Name of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) TERPSI Corp. ________________________________________________________________________________ 2 Check the Appropriate Box If a Member of a Group* (a) [_] (b) [_] ________________________________________________________________________________ 3 SEC Use Only ________________________________________________________________________________ 4 Source of Funds* OO ________________________________________________________________________________ 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] ________________________________________________________________________________ 6 Citizenship or Place of Organization New York ________________________________________________________________________________ 7 Sole Voting Power Number of 0 shares 0% Shares ________________________________________________________________ 8 Shared Voting Power Beneficially Owned by 512,338 shares 4.5% _________________________________________________________________ Each 9 Sole Dispositive Power Reporting 0 shares 0% Person _________________________________________________________________ 10 Shared Dispositive Power With 512,338 shares 4.5% ________________________________________________________________________________ 11 Aggregate Amount Beneficially Owned by Each Reporting Person 512,338 shares ________________________________________________________________________________ 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* [_] ________________________________________________________________________________ 13 Percent of Class Represented by Amount in Row (11) 4.5% ________________________________________________________________________________ 14 Type of Reporting Person* CO ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 19 of 50 - CUSIP No. No. 68273G101 13D ________________________________________________________________________________ 1 Name of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) JIRAKAL Corp. ________________________________________________________________________________ 2 Check the Appropriate Box If a Member of a Group* (a) [_] (b) [_] ________________________________________________________________________________ 3 SEC Use Only ________________________________________________________________________________ 4 Source of Funds* OO ________________________________________________________________________________ 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] ________________________________________________________________________________ 6 Citizenship or Place of Organization New York ________________________________________________________________________________ 7 Sole Voting Power Number of 0 shares 0% Shares ________________________________________________________________ 8 Shared Voting Power Beneficially Owned by 512,338 shares 4.5% _________________________________________________________________ Each 9 Sole Dispositive Power Reporting 0 shares 0% Person _________________________________________________________________ 10 Shared Dispositive Power With 512,338 shares 4.5% ________________________________________________________________________________ 11 Aggregate Amount Beneficially Owned by Each Reporting Person 512,338 shares ________________________________________________________________________________ 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* [_] ________________________________________________________________________________ 13 Percent of Class Represented by Amount in Row (11) 4.5% ________________________________________________________________________________ 14 Type of Reporting Person* CO ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 20 of 50 - CUSIP No. No. 68273G101 13D ________________________________________________________________________________ 1 Name of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) Infomedia Associates, Ltd. ________________________________________________________________________________ 2 Check the Appropriate Box If a Member of a Group* (a) [_] (b) [_] ________________________________________________________________________________ 3 SEC Use Only ________________________________________________________________________________ 4 Source of Funds* OO ________________________________________________________________________________ 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] ________________________________________________________________________________ 6 Citizenship or Place of Organization New York ________________________________________________________________________________ 7 Sole Voting Power Number of 0 shares 0% Shares ________________________________________________________________ 8 Shared Voting Power Beneficially Owned by 512,338 shares 4.5% _________________________________________________________________ Each 9 Sole Dispositive Power Reporting 0 shares 0% Person _________________________________________________________________ 10 Shared Dispositive Power With 512,338 shares 4.5% ________________________________________________________________________________ 11 Aggregate Amount Beneficially Owned by Each Reporting Person 512,338 shares ________________________________________________________________________________ 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* [_] ________________________________________________________________________________ 13 Percent of Class Represented by Amount in Row (11) 4.5% ________________________________________________________________________________ 14 Type of Reporting Person* CO ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 21 of 50 - CUSIP No. No. 68273G101 13D ________________________________________________________________________________ 1 Name of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) Harvey Sandler ________________________________________________________________________________ 2 Check the Appropriate Box If a Member of a Group* (a) [_] (b) [_] ________________________________________________________________________________ 3 SEC Use Only ________________________________________________________________________________ 4 Source of Funds* OO ________________________________________________________________________________ 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] ________________________________________________________________________________ 6 Citizenship or Place of Organization United States ________________________________________________________________________________ 7 Sole Voting Power Number of 0 shares 0% Shares ________________________________________________________________ 8 Shared Voting Power Beneficially Owned by 512,338 shares 4.5% _________________________________________________________________ Each 9 Sole Dispositive Power Reporting 0 shares 0% Person _________________________________________________________________ 10 Shared Dispositive Power With 512,338 shares 4.5% ________________________________________________________________________________ 11 Aggregate Amount Beneficially Owned by Each Reporting Person 512,338 shares ________________________________________________________________________________ 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* [_] ________________________________________________________________________________ 13 Percent of Class Represented by Amount in Row (11) 4.5% ________________________________________________________________________________ 14 Type of Reporting Person* IN ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 22 of 50 - CUSIP No. No. 68273G101 13D ________________________________________________________________________________ 1 Name of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) Andrew Sandler ________________________________________________________________________________ 2 Check the Appropriate Box If a Member of a Group* (a) [_] (b) [_] ________________________________________________________________________________ 3 SEC Use Only ________________________________________________________________________________ 4 Source of Funds* OO ________________________________________________________________________________ 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] ________________________________________________________________________________ 6 Citizenship or Place of Organization United States ________________________________________________________________________________ 7 Sole Voting Power Number of 0 shares 0% Shares ________________________________________________________________ 8 Shared Voting Power Beneficially Owned by 512,338 shares 4.5% _________________________________________________________________ Each 9 Sole Dispositive Power Reporting 0 shares 0% Person _________________________________________________________________ 10 Shared Dispositive Power With 512,338 shares 4.5% ________________________________________________________________________________ 11 Aggregate Amount Beneficially Owned by Each Reporting Person 512,338 shares ________________________________________________________________________________ 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* [_] ________________________________________________________________________________ 13 Percent of Class Represented by Amount in Row (11) 4.5% ________________________________________________________________________________ 14 Type of Reporting Person* IN ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 23 of 50 - CUSIP No. No. 68273G101 13D ________________________________________________________________________________ 1 Name of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) Michael J. Marocco ________________________________________________________________________________ 2 Check the Appropriate Box If a Member of a Group* (a) [_] (b) [_] ________________________________________________________________________________ 3 SEC Use Only ________________________________________________________________________________ 4 Source of Funds* OO ________________________________________________________________________________ 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] ________________________________________________________________________________ 6 Citizenship or Place of Organization United States ________________________________________________________________________________ 7 Sole Voting Power Number of 0 shares 0% Shares ________________________________________________________________ 8 Shared Voting Power Beneficially Owned by 512,338 shares 4.5% _________________________________________________________________ Each 9 Sole Dispositive Power Reporting 0 shares 0% Person _________________________________________________________________ 10 Shared Dispositive Power With 512,338 shares 4.5% ________________________________________________________________________________ 11 Aggregate Amount Beneficially Owned by Each Reporting Person 512,338 shares ________________________________________________________________________________ 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* [_] ________________________________________________________________________________ 13 Percent of Class Represented by Amount in Row (11) 4.5% ________________________________________________________________________________ 14 Type of Reporting Person* IN ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 24 of 50 - CUSIP No. No. 68273G101 13D ________________________________________________________________________________ 1 Name of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) John Kornreich ________________________________________________________________________________ 2 Check the Appropriate Box If a Member of a Group* (a) [_] (b) [_] ________________________________________________________________________________ 3 SEC Use Only ________________________________________________________________________________ 4 Source of Funds* OO ________________________________________________________________________________ 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] ________________________________________________________________________________ 6 Citizenship or Place of Organization United States ________________________________________________________________________________ 7 Sole Voting Power Number of 0 shares 0% Shares ________________________________________________________________ 8 Shared Voting Power Beneficially Owned by 512,338 shares 4.5% _________________________________________________________________ Each 9 Sole Dispositive Power Reporting 0 shares 0% Person _________________________________________________________________ 10 Shared Dispositive Power With 512,338 shares 4.5% ________________________________________________________________________________ 11 Aggregate Amount Beneficially Owned by Each Reporting Person 512,338 shares ________________________________________________________________________________ 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* [_] ________________________________________________________________________________ 13 Percent of Class Represented by Amount in Row (11) 4.5% ________________________________________________________________________________ 14 Type of Reporting Person* IN ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 25 of 50 - CUSIP No. No. 68273G101 13D ________________________________________________________________________________ 1 Name of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) Douglas Schimmel ________________________________________________________________________________ 2 Check the Appropriate Box If a Member of a Group* (a) [_] (b) [_] ________________________________________________________________________________ 3 SEC Use Only ________________________________________________________________________________ 4 Source of Funds* OO ________________________________________________________________________________ 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] ________________________________________________________________________________ 6 Citizenship or Place of Organization United States ________________________________________________________________________________ 7 Sole Voting Power Number of 0 shares 0% Shares ________________________________________________________________ 8 Shared Voting Power Beneficially Owned by 512,338 shares 4.5% _________________________________________________________________ Each 9 Sole Dispositive Power Reporting 0 shares 0% Person _________________________________________________________________ 10 Shared Dispositive Power With 512,338 shares 4.5% ________________________________________________________________________________ 11 Aggregate Amount Beneficially Owned by Each Reporting Person 512,338 shares ________________________________________________________________________________ 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* [_] ________________________________________________________________________________ 13 Percent of Class Represented by Amount in Row (11) 4.5% ________________________________________________________________________________ 14 Type of Reporting Person* IN ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 26 of 50 - CUSIP No. No. 68273G101 13D ________________________________________________________________________________ 1 Name of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) Hannah Stone ________________________________________________________________________________ 2 Check the Appropriate Box If a Member of a Group* (a) [_] (b) [_] ________________________________________________________________________________ 3 SEC Use Only ________________________________________________________________________________ 4 Source of Funds* OO ________________________________________________________________________________ 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] ________________________________________________________________________________ 6 Citizenship or Place of Organization United States ________________________________________________________________________________ 7 Sole Voting Power Number of 0 shares 0% Shares ________________________________________________________________ 8 Shared Voting Power Beneficially Owned by 512,338 shares 4.5% _________________________________________________________________ Each 9 Sole Dispositive Power Reporting 0 shares 0% Person _________________________________________________________________ 10 Shared Dispositive Power With 512,338 shares 4.5% ________________________________________________________________________________ 11 Aggregate Amount Beneficially Owned by Each Reporting Person 512,338 shares ________________________________________________________________________________ 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* [_] ________________________________________________________________________________ 13 Percent of Class Represented by Amount in Row (11) 4.5% ________________________________________________________________________________ 14 Type of Reporting Person* IN ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 27 of 50 - CUSIP No. No. 68273G101 13D ________________________________________________________________________________ 1 Name of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) David Lee ________________________________________________________________________________ 2 Check the Appropriate Box If a Member of a Group* (a) [_] (b) [_] ________________________________________________________________________________ 3 SEC Use Only ________________________________________________________________________________ 4 Source of Funds* OO ________________________________________________________________________________ 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] ________________________________________________________________________________ 6 Citizenship or Place of Organization United States ________________________________________________________________________________ 7 Sole Voting Power Number of 0 shares 0% Shares ________________________________________________________________ 8 Shared Voting Power Beneficially Owned by 512,338 shares 4.5% _________________________________________________________________ Each 9 Sole Dispositive Power Reporting 0 shares 0% Person _________________________________________________________________ 10 Shared Dispositive Power With 512,338 shares 4.5% ________________________________________________________________________________ 11 Aggregate Amount Beneficially Owned by Each Reporting Person 512,338 shares ________________________________________________________________________________ 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* [_] ________________________________________________________________________________ 13 Percent of Class Represented by Amount in Row (11) 4.5% ________________________________________________________________________________ 14 Type of Reporting Person* IN ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 28 of 50 - CUSIP No. No. 68273G101 13D ________________________________________________________________________________ 1 Name of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) Woodland Partners ________________________________________________________________________________ 2 Check the Appropriate Box If a Member of a Group* (a) [_] (b) [_] ________________________________________________________________________________ 3 SEC Use Only ________________________________________________________________________________ 4 Source of Funds* WC, OO ________________________________________________________________________________ 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] ________________________________________________________________________________ 6 Citizenship or Place of Organization New York ________________________________________________________________________________ 7 Sole Voting Power Number of 14,256 shares 0.1% Shares ________________________________________________________________ 8 Shared Voting Power Beneficially Owned by 0 shares 0% _________________________________________________________________ Each 9 Sole Dispositive Power Reporting 14,256 shares 0.1% Person _________________________________________________________________ 10 Shared Dispositive Power With 0 shares 0% ________________________________________________________________________________ 11 Aggregate Amount Beneficially Owned by Each Reporting Person 14,256 shares ________________________________________________________________________________ 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* [_] ________________________________________________________________________________ 13 Percent of Class Represented by Amount in Row (11) 0.1% ________________________________________________________________________________ 14 Type of Reporting Person* PN ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 29 of 50 - CUSIP No. No. 68273G101 13D ________________________________________________________________________________ 1 Name of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) Marilyn Rubenstein ________________________________________________________________________________ 2 Check the Appropriate Box If a Member of a Group* (a) [_] (b) [_] ________________________________________________________________________________ 3 SEC Use Only ________________________________________________________________________________ 4 Source of Funds* OO ________________________________________________________________________________ 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] ________________________________________________________________________________ 6 Citizenship or Place of Organization United States ________________________________________________________________________________ 7 Sole Voting Power Number of 0 shares 0% Shares ________________________________________________________________ 8 Shared Voting Power Beneficially Owned by 14,256 shares 0.1% _________________________________________________________________ Each 9 Sole Dispositive Power Reporting 0 shares 0% Person _________________________________________________________________ 10 Shared Dispositive Power With 14,256 shares 0.1% ________________________________________________________________________________ 11 Aggregate Amount Beneficially Owned by Each Reporting Person 14,256 shares ________________________________________________________________________________ 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* [_] ________________________________________________________________________________ 13 Percent of Class Represented by Amount in Row (11) 0.1% ________________________________________________________________________________ 14 Type of Reporting Person* IN ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 30 of 50 - CUSIP No. No. 68273G101 13D ________________________________________________________________________________ 1 Name of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) Edward Grinacoff ________________________________________________________________________________ 2 Check the Appropriate Box If a Member of a Group* (a) [_] (b) [_] ________________________________________________________________________________ 3 SEC Use Only ________________________________________________________________________________ 4 Source of Funds* OO ________________________________________________________________________________ 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] ________________________________________________________________________________ 6 Citizenship or Place of Organization United States ________________________________________________________________________________ 7 Sole Voting Power Number of 0 shares 0% Shares ________________________________________________________________ 8 Shared Voting Power Beneficially Owned by 512,338 shares 4.5% _________________________________________________________________ Each 9 Sole Dispositive Power Reporting 0 shares 0% Person _________________________________________________________________ 10 Shared Dispositive Power With 512,338 shares 4.5% ________________________________________________________________________________ 11 Aggregate Amount Beneficially Owned by Each Reporting Person 512,338 shares ________________________________________________________________________________ 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* [_] ________________________________________________________________________________ 13 Percent of Class Represented by Amount in Row (11) 4.5% ________________________________________________________________________________ 14 Type of Reporting Person* IN ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 31 of 50 - CUSIP No. No. 68273G101 13D ________________________________________________________________________________ 1 Name of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) MEDG Corp. ________________________________________________________________________________ 2 Check the Appropriate Box If a Member of a Group* (a) [_] (b) [_] ________________________________________________________________________________ 3 SEC Use Only ________________________________________________________________________________ 4 Source of Funds* OO ________________________________________________________________________________ 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] ________________________________________________________________________________ 6 Citizenship or Place of Organization New York ________________________________________________________________________________ 7 Sole Voting Power Number of 0 shares 0% Shares ________________________________________________________________ 8 Shared Voting Power Beneficially Owned by 512,338 shares 4.5% _________________________________________________________________ Each 9 Sole Dispositive Power Reporting 0 shares 0% Person _________________________________________________________________ 10 Shared Dispositive Power With 512,338 shares 4.5% ________________________________________________________________________________ 11 Aggregate Amount Beneficially Owned by Each Reporting Person 512,338 shares ________________________________________________________________________________ 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* [_] ________________________________________________________________________________ 13 Percent of Class Represented by Amount in Row (11) 4.5% ________________________________________________________________________________ 14 Type of Reporting Person* CO ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 32 of 50 - This statement, dated March 9, 2000, constitutes Amendment No. 1 to the Schedule 13D, dated June 4, 1999, regarding the reporting persons' ownership of certain securities of Online Resources & Communications Corporation (the "Issuer"). This Schedule 13D is hereinafter referred to as the "Schedule." All capitalized terms used herein and otherwise undefined shall have the meanings ascribed in the Schedule. This Amendment No. 1 to the Schedule is filed in accordance with Rule 13d-2 of the Securities Exchange Act of 1934, as amended, by the reporting persons. It shall refer only to information which has materially changed since the filing of the Schedule. ITEM 2. Identity and Background 1. (a) Wheatley Partners II, L.P. (formerly, Applewood Associates, L.P.), a limited partnership organized under the laws of the State of New York ("Wheatley II"). (b) Address: c/o Applewood Capital Corp. 68 Wheatley Road Brookville, New York 11545 (c) Principal Business: Investments. (d) No. (e) No. 2. (a) Applewood Capital Corp., a corporation organized under the laws of the State of New York ("Applewood Capital"). (b) Address: c/o Barry Rubenstein 68 Wheatley Road Brookville, New York 11545 (c) Principal Business: Investments. (d) No. (e) No. Applewood Capital is a general partner of Wheatley II. 3. (a) Barry Rubenstein, a general partner of Wheatley II, an officer and director of Applewood Capital, a shareholder, officer and director of Infomedia Associates, Ltd. ("Infomedia"), a general partner of the 21st Century Communications Partners, L.P. ("21st Century"), 21st Century Communications T-E Partners, L.P. ("T-E"), and 21st Century Communications Foreign Partners, L.P. ("Foreign"), and a general partner of Woodland Partners. (b) Address: 68 Wheatley Road Brookville, New York 11545 (c) Principal Occupation: Investments. (d) No. (e) No. - 33 of 50 - (f) Citizenship: United States Barry Rubenstein is the husband of Marilyn Rubenstein. 4. (a) Irwin Lieber, a general partner of Wheatley II, an officer and director of Applewood Capital, and a shareholder, officer and director of Infomedia, a general partner of the 21st Century, T-E and Foreign. (b) Address: 767 Fifth Avenue New York, New York 10153 (c) Principal Occupation : Investments. (d) No. (e) No. (f) Citizenship: United States Irwin Lieber is the father of Seth Lieber and Jonathan Lieber. 5. (a) Barry Fingerhut, resigned as a director of the Issuer on January 6, 2000, a general partner of Wheatley II, an officer and director of Applewood Capital, and a shareholder, officer and director of Infomedia, a general partner of the 21st Century, T-E and Foreign. (b) Address: 767 Fifth Avenue New York, New York 10153 (c) Principal Occupation: Investments. (d) No. (e) No. (f) Citizenship: United States. 6. (a) Seth Lieber, a general partner of Wheatley II and an officer of Applewood Capital. (b) Address: 767 Fifth Avenue New York, New York 10153 (c) Principal Occupation: Investments. (d) No. (e) No. (f) Citizenship: United States. 7. (a) Jonathan Lieber, a general partner of Wheatley II and an officer of Applewood Capital. (b) Address: 767 Fifth Avenue New York, New York 10153 (c) Principal Occupation: Investments. (d) No. (e) No. (f) Citizenship: United States. 30. (a) Edward Grinacoff, is the sole shareholder of MEDG Corp. (b) Address: 767 Fifth Avenue New York, New York 10153 - 34 of 50 - (c) Principal Occupation: Investments. (d) No. (e) No. (f) Citizenship: United States. MEDG Corp. is a general partner of SCM, which is the general partner of SIP, a general partner of 21st Century, T-E and Foreign. 31. (a) MEDG Corp., a corporation organized under laws of the State of New York ("MEDG Corp."). (b) Address: 767 Fifth Avenue New York, New York 10153 (c) Principal Business: Investments. (d) No. (e) No. ITEM 3. Source and Amount of Funds or Other Consideration. The Issuer agreed to issue a total of 23,219 warrants to the reporting persons under certain circumstances. If the Issuer's average closing price for the 20-day trading period following the initial two-week period of trading of the Issuer's Common Stock was at least $16.38 per share, the warrants would not be exercisable. If the Issuer's average closing price for the above 20-day period was at least $12.06, but less than $16.38 per share, then 15,479 of the warrants would become exercisable. In all other cases, all of the warrants referred to would become exercisable. As a result of the Issuer's average closing price, a total of 15,479 warrants, expiring December 31, 2003, entitling the holder to purchase one share of Common Stock at $8.42 per share became exercisable (the "Additional Warrants"). ITEM 5. Interests in Securities of the Issuer. (a) The following list sets forth the aggregate number and percentage (based on 10,911,445 shares of Common Stock outstanding as reported by the Issuer in its Form 10-Q for the quarter ended September 30, 1999), of outstanding shares of Common Stock owned beneficially by each reporting person named in Item 2, as of March 29, 2000: Shares of Common Percentage of Shares Stock Beneficially of Common Stock Name Owned(2) Beneficially Owned(2) - ---- ------------------ ---------------------- Wheatley Partners II, L.P. 312,915(3) 2.8% - -------- 2 Includes shares of Common Stock issuable upon the exercise of the 1996 Warrants, the Series C Warrants and the Additional Warrants. 3 Includes 197,230 shares of Common Stock, 71,284 shares issuable upon the exercise of the 1996 Warrants, 38,426 shares issuable upon the exercise of the Series C Warrants, and 5,975 shares issuable upon the exercise of the Additional Warrants. - 35 of 50 -
Shares of Common Percentage of Shares Stock Beneficially of Common Stock Name Owned (2) Beneficially Owned (2) - ---- ---------------------- ---------------------- Applewood Capital Corp. 312,915(4),(5) 2.8% Irwin Lieber 839,509(4,(5),(6),(7) 7.3% Barry Rubenstein 839,509(4),(5),(6),(8) 7.3% Barry Fingerhut 864,457(4),(5),(6),(9) 7.5% Seth Lieber 312,915(4),(5) 2.8% Jonathan Lieber 312,915(4),(5) 2.8% 21st Century Communications Partners, L.P. 512,338(4),(6) 4.5% 21st Century Communications T-E Partners, L.P. 512,338(4),(6) 4.5% 21st Century Communications Foreign Partners, L.P. 512,338(4),(6) 4.5% Sandler Investment Partners, L.P. 512,338(4),(6) 4.5% Sandler Capital Management 512,338(4),(6) 4.5% ARH Corp. 512,338(4),(6) 4.5% ALCR Corp. 512,338(4),(6) 4.5% MJDM Corp. 512,338(4),(6) 4.5% Four JK Corp. 512,338(4),(6) 4.5% SERF Corp. 512,338(4),(6) 4.5% TERPSI Corp. 512,338(4),(6) 4.5%
- -------- 4 The reporting person disclaims beneficial ownership of these securities except to the extent of his/her/its equity interest therein. 5 Includes 197,230 shares of Common Stock owned by Wheatley II, 71,284 shares issuable upon the exercise of the 1996 Warrants owned by Wheatley II, 38,426 shares issuable upon the exercise of the Series C Warrants owned by Wheatley II, and 5,975 shares issuable upon the exercise of the Additional Warrants owned by Wheatley II. 6 Includes 241,684 shares issuable upon the exercise of the 1996 Warrants and 105,727 shares issuable upon the exercise of the Series C Warrants owned by 21st Century. Includes 82,259 shares issuable upon the exercise of the 1996 Warrants and 35,965 shares issuable upon the exercise of the Series C Warrants owned by T-E. Includes 32,477 shares issuable upon the exercise of the 1996 Warrants and 14,226 shares issuable upon the exercise of the Series C Warrants owned by Foreign. 7 Includes 11,880 shares of Common Stock owned by Irwin Lieber and 2,376 shares issuable upon the exercise of the Additional Warrants owned by Irwin Lieber. 8 Includes 11,880 shares of Common Stock owned by Woodland and 2,376 shares issuable upon the exercise of the Additional Warrants owned by Woodland. 9 Includes 23,760 shares of Common Stock owned by Barry Fingerhut, 10,692 shares issuable upon the exercise of currently exercisable non-qualified stock options owned by Mr. Fingerhut, and 4,752 shares issuable upon the exercise of the Additional Warrants owned by Mr. Fingerhut. - 36 of 50 - Shares of Common Percentage of Shares Stock Beneficially of Common Stock Name Owned (2) Beneficially Owned (2) - ---- ---------------------- ---------------------- JIRAKAL Corp. 512,338(4),(6) 4.5% Infomedia Associates, Ltd. 512,338(4),(6) 4.5% Harvey Sandler 512,338(4),(6) 4.5% Andrew Sandler 512,338(4),(6) 4.5% Michael J. Marocco 512,338(4),(6) 4.5% John Kornreich 512,338(4),(6) 4.5% Douglas Schimmel 512,338(4),(6) 4.5% Hannah Stone 512,338(4),(6) 4.5% David Lee 512,338(4),(6) 4.5% Woodland Partners 11,880(8) 0.1% Marilyn Rubenstein 11,880(4),(8) 0.1% Edward Grinacoff 512,338(4),(6) 4.5% MEDG Corp. 512,338(4),(6) 4.5% (b) Wheatley II has sole power to vote and to dispose of 312,915 shares of Common Stock (including 71,284 shares issuable upon the exercise of the 1996 Warrants, 38,426 shares issuable upon the exercise of the Series C Warrants and 5,975 shares issuable upon the exercise of the Additional Warrants), representing approximately 2.8% of the outstanding shares of Common Stock. By virtue of being a general partner of Wheatley II, Applewood Capital may be deemed to have shared power to vote and to dispose of 312,915 shares of Common Stock (including 71,284 shares issuable upon the exercise of the 1996 Warrants, 38,426 shares issuable upon the exercise of the Series C Warrants and 5,975 shares issuable upon the exercise of the Additional Warrants), representing approximately 2.8% of the outstanding shares of Common Stock. By virtue of being a general partner of Wheatley II and Woodland, and a shareholder, officer and director of Infomedia, Barry Rubenstein may be deemed to have shared power to vote and to dispose of 839,509 shares of Common Stock (including 427,704 shares issuable upon the exercise of the 1996 Warrants, 194,344 shares issuable upon the exercise of the Series C Warrants and 8,351 shares issuable upon the exercise of the Additional Warrants), representing approximately 7.3% of the outstanding shares of Common Stock. Irwin Lieber has sole power to vote and to dispose of 14,256 shares of Common Stock (including 2,376 shares issuable upon the exercise of the Additional Warrants), representing approximately 0.1% of the outstanding shares of Common Stock. By virtue of being a general partner Wheatley II, and a shareholder, officer and director of Infomedia, Irwin Lieber may be deemed to have shared power to vote and to dispose of 825,253 shares of Common Stock (including - 37 of 50 - 427,704 shares issuable upon the exercise of the 1996 Warrants, 194,344 shares issuable upon the exercise of the Series C Warrants and 5,975 shares issuable upon the exercise of the Additional Warrants), representing approximately 7.2% of the outstanding shares of Common Stock. Barry Fingerhut has sole power to vote and to dispose of 39,204 shares of Common Stock (including 10,692 shares issuable upon the exercise of non-qualified stock options and 4,752 shares issuable upon the exercise of the Additional Warrants), representing approximately 0.4% of the outstanding shares of Common Stock. By virtue of being a general partner of Wheatley II, and a shareholder, officer and director of Infomedia, Barry Fingerhut may be deemed to have shared power to vote and to dispose of 825,253 shares of Common Stock (including 427,704 shares issuable upon the exercise of the 1996 Warrants, 194,344 shares issuable upon the exercise of the Series C Warrants and 5,975 shares issuable upon the exercise of the Additional Warrants), representing approximately 7.2% of the outstanding shares of Common Stock. By virtue of being a general partner of Wheatley II, Seth Lieber may be deemed to have shared power to vote and to dispose of 312,915 shares of Common Stock (including 71,284 shares issuable upon the exercise of the 1996 Warrants, 38,426 shares issuable upon the exercise of the Series C Warrants and 5,975 shares issuable upon the exercise of the Additional Warrants), representing approximately 2.8% of the outstanding shares of Common Stock. By virtue of being a general partner of Wheatley II, Jonathan Lieber may be deemed to have shared power to vote and to dispose of 312,915 shares of Common Stock (including 71,284 shares issuable upon the exercise of the 1996 Warrants, 38,426 shares issuable upon the exercise of the Series C Warrants and 5,975 shares issuable upon the exercise of the Additional Warrants), representing approximately 2.8% of the outstanding shares of Common Stock. 21st Century has sole power to vote and to dispose of 347,411 shares of Common Stock (consisting of 241,684 shares issuable upon the exercise of the 1996 Warrants and 105,727 shares issuable upon the exercise of the Series C Warrants), representing approximately 3.1% of the outstanding shares of Common Stock. 21st Century may be deemed to have shared power to vote and to dispose of 164,927 shares of Common Stock (consisting of 114,736 shares issuable upon the exercise of the 1996 Warrants and 50,191 shares issuable upon the exercise of the Series C Warrants), representing approximately 1.5% of the outstanding shares of Common Stock. T-E has sole power to vote and to dispose of 118,224 shares of Common Stock (consisting of 82,259 shares issuable upon the exercise of the 1996 Warrants and 35,965 shares issuable upon the exercise of the Series C Warrants), representing approximately 1.1% of the outstanding shares of Common Stock. T-E may be deemed to have shared power to vote and to dispose of 394,114 shares of Common Stock (consisting of 274,161 shares issuable upon the exercise of the 1996 Warrants and 119,953 shares issuable upon the exercise of the Series C Warrants), representing approximately 3.5% of the outstanding shares of Common Stock. Foreign has sole power to vote and to dispose of 46,703 shares of Common Stock (consisting of 32,477 shares issuable upon the exercise of the 1996 Warrants and 14,226 shares issuable upon the exercise of the Series C Warrants), representing approximately 0.4% of the outstanding shares of Common Stock. Foreign may be deemed to have shared power to vote and to dispose of 465,635 shares of Common Stock (consisting of 323,943 shares issuable upon the - 38 of 50 - exercise of the 1996 Warrants and 141,692 shares issuable upon the exercise of the Series C Warrants), representing approximately 4.1% of the outstanding shares of Common Stock. By virtue of being a general partner of 21st Century, T-E and Foreign, Sandler Investment Partners may be deemed to have shared power to vote and to dispose of 512,338 shares of Common Stock (consisting of 356,420 shares issuable upon the exercise of the 1996 Warrants and 155,918 shares issuable upon the exercise of the Series C Warrants), representing approximately 4.5% of the outstanding shares of Common Stock. By virtue of being a general partner of Sandler Investment Partners, Sandler Capital Management may be deemed to have shared power to vote and to dispose of 512,338 shares of Common Stock (consisting of 356,420 shares issuable upon the exercise of the 1996 Warrants and 155,918 shares issuable upon the exercise of the Series C Warrants), representing approximately 4.5% of the outstanding shares of Common Stock. By virtue of being the sole shareholder of ARH Corp., Harvey Sandler may be deemed to have shared power to vote and to dispose of 512,338 shares of Common Stock (consisting of 356,420 shares issuable upon the exercise of the 1996 Warrants and 155,918 shares issuable upon the exercise of the Series C Warrants), representing approximately 4.5% of the outstanding shares of Common Stock. By virtue of being the sole shareholder of ALCR Corp., Andrew Sandler may be deemed to have shared power to vote and to dispose of 512,338 shares of Common Stock (consisting 356,420 shares issuable upon the exercise of the 1996 Warrants and 155,918 shares issuable upon the exercise of the Series C Warrants), representing approximately 4.5% of the outstanding shares of Common Stock. By virtue of being the sole shareholder of MJDM Corp., Michael Marocco may be deemed to have shared power to vote and to dispose of 512,338 shares of Common Stock (consisting of 356,420 shares issuable upon the exercise of the 1996 Warrants and 155,918 shares issuable upon the exercise of the Series C Warrants), representing approximately 4.5% of the outstanding shares of Common Stock. By virtue of being the majority shareholder of Four JK Corp., John Kornreich may be deemed to have shared power to vote and to dispose of 512,338 shares of Common Stock (consisting of 356,420 shares issuable upon the exercise of the 1996 Warrants and 155,918 shares issuable upon the exercise of the Series C Warrants), representing approximately 4.5% of the outstanding shares of Common Stock. By virtue of being the sole shareholder of SERF Corp., Douglas Schimmel may be deemed to have shared power to vote and to dispose of 512,338 shares of Common Stock (consisting of 356,420 shares issuable upon the exercise of the 1996 Warrants and 155,918 shares issuable upon the exercise of the Series C Warrants), representing approximately 4.5% of the outstanding shares of Common Stock. By virtue of being the sole shareholder of TERPSI Corp., Hannah Stone may be deemed to have shared power to vote and to dispose of 512,338 shares of Common Stock (consisting of 356,420 shares issuable upon the exercise of the 1996 Warrants and 155,918 shares issuable upon - 39 of 50 - the exercise of the Series C Warrants), representing approximately 4.5% of the outstanding shares of Common Stock. By virtue of being the sole shareholder of JIRAKAL Corp., David Lee may be deemed to have shared power to vote and to dispose of 512,338 shares of Common Stock (consisting of 356,420 shares issuable upon the exercise of the 1996 Warrants and 155,918 shares issuable upon the exercise of the Series C Warrants), representing approximately 4.5% of the outstanding shares of Common Stock. By virtue of being a general partner of 21st Century, T-E and Foreign, Infomedia may be deemed to have shared power to vote and to dispose of 512,338 shares of Common Stock (consisting of 356,420 shares issuable upon the exercise of the 1996 Warrants and 155,918 shares issuable upon the exercise of the Series C Warrants), representing approximately 4.5% of the outstanding shares of Common Stock. By virtue of being a general partner of Sandler Capital Management, ARH Corp. may be deemed to have shared power to vote and to dispose of 512,338 shares of Common Stock (consisting of 356,420 shares issuable upon the exercise of the 1996 Warrants and 155,918 shares issuable upon the exercise of the Series C Warrants), representing approximately 4.5% of the outstanding shares of Common Stock. By virtue of being a general partner of Sandler Capital Management, ALCR Corp. may be deemed to have shared power to vote and to dispose of 512,338 shares of Common Stock (consisting of 356,420 shares issuable upon the exercise of the 1996 Warrants and 155,918 shares issuable upon the exercise of the Series C Warrants), representing approximately 4.5% of the outstanding shares of Common Stock. By virtue of being a general partner of Sandler Capital Management, MJDM Corp. may be deemed to have shared power to vote and to dispose of 512,338 shares of Common Stock (consisting of 356,420 shares issuable upon the exercise of the 1996 Warrants and 155,918 shares issuable upon the exercise of the Series C Warrants), representing approximately 4.5% of the outstanding shares of Common Stock. By virtue of being a general partner of Sandler Capital Management, Four JK Corp. may be deemed to have shared power to vote and to dispose of 512,338 shares of Common Stock (consisting of 356,420 shares issuable upon the exercise of the 1996 Warrants and 155,918 shares issuable upon the exercise of the Series C Warrants), representing approximately 4.5% of the outstanding shares of Common Stock. By virtue of being a general partner of Sandler Capital Management, SERF Corp. may be deemed to have shared power to vote and to dispose of 512,338 shares of Common Stock (consisting of 356,420 shares issuable upon the exercise of the 1996 Warrants and 155,918 shares issuable upon the exercise of the Series C Warrants), representing approximately 4.5% of the outstanding shares of Common Stock. By virtue of being a general partner of Sandler Capital Management, TERPSI Corp. may be deemed to have shared power to vote and to dispose of 512,338 shares of Common Stock (consisting of 356,420 shares issuable upon the exercise of the 1996 Warrants and 155,918 shares - 40 of 50 - issuable upon the exercise of the Series C Warrants), representing approximately 4.5% of the outstanding shares of Common Stock. By virtue of being a general partner of Sandler Capital Management, JIRAKAL Corp. may be deemed to have shared power to vote and to dispose of 512,338 shares of Common Stock (consisting of 356,420 shares issuable upon the exercise of the 1996 Warrants and 155,918 shares issuable upon the exercise of the Series C Warrants), representing approximately 4.5% of the outstanding shares of Common Stock. Woodland Partners has sole power to vote and to dispose of 14,256 shares of Common Stock (including 2,376 shares issuable upon the exercise of the Additional Warrants), representing approximately 0.1% of the outstanding shares of Common Stock. Marilyn Rubenstein, by virtue of being a general partner of Woodland, may be deemed to have shared power to vote and to dispose of 14,256 shares of Common Stock (including 2,376 shares issuable upon the exercise of the Additional Warrants), representing approximately 0.1% of the outstanding shares of Common Stock. By virtue of being the sole shareholder of MEDG Corp., Edward Grinacoff may be deemed to have shared power to vote and to dispose of 512,338 shares of Common Stock (consisting of 356,420 shares issuable upon the exercise of the 1996 Warrants and 155,918 shares issuable upon the exercise of the Series C Warrants), representing approximately 4.5% of the outstanding shares of Common Stock. By virtue of being a general partner of Sandler Capital Management, MEDG Corp. may be deemed to have shared power to vote and to dispose of 512,338 shares of Common Stock (consisting of 356,420 shares issuable upon the exercise of the 1996 Warrants and 155,918 shares issuable upon the exercise of the Series C Warrants), representing approximately 4.5% of the outstanding shares of Common Stock. (c) The following is a description of all transactions in shares of Common Stock of the Issuer by the reporting persons identified in Item 2 of this Schedule 13D effected from January 8, 2000 through March 29, 2000, inclusive: - 41 of 50 - NUMBER PURCHASE OF SHARES PURCHASE NAME OR PURCHASED OR OF SHAREHOLDER SALE DATE OR (SOLD) SALES PRICE - -------------- --------- --------- ----------- 21ST Century 3/8/00 (49,244) $22.00 Communications 3/9/00 (73,874) $22.00 Partners, L.P. 3/10/00 (22,383) $22.03125 3/13/00 (18,592) $22.71875 3/14/00 (26,784) $22.09375 3/24/00 (12,750) $18.9375 3/27/00 (23,400) $18.70 3/28/00 (7,972) $18.50 3/29/00 (29,309) $18.0625 21st Century 3/8/00 (16,198) $22.00 Communications T-E 3/9/00 (25,126) $22.00 Partners, L.P. 3/10/00 (7,617) $22.03125 3/13/00 (6,408) $22.71875 3/14/00 (9,216) $22.09375 3/24/00 (4,250) $18.9375 3/27/00 (7,600) $18.70 3/28/00 (2,728) $18.50 3/29/00 (10,757) $18.0625 21st Century 3/7/00 (35,000) $22.1875 Communications Foreign 3/8/00 (558) $22.00 Partners, L.P. All sales of shares of Common Stock were effected in open market transactions in the over-the-counter market. (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) Effective as of March 27, 2000, 21st Century Communications Partners, L.P., 21st Century Communications T-E Partners, L.P., 21st Century Communications Foreign Partners, L.P., Sandler Investment Partners, L.P., Sandler Capital Management, Infomedia Associates, Ltd., ARH Corp., ALCR Corp., MJDM Corp., Four JK Corp., SERF Corp., TERPSI Corp., JIRAKAL Corp., MEDG Corp., Harvey Sandler, John Kornreich, Michael Marocco, Andrew Sandler, Douglas Schimmel, Hannah Stone, David Lee and Edward Grinacoff, ceased to be the beneficial owners of more than five (5%) percent of the Common Stock of the Issuer. ITEM 7. Materials to be Filed as Exhibits Exhibit A. Agreement among the reporting persons, effective as of March 9, 2000, by which they have agreed to file this Schedule 13D and all necessary amendments, as required by Rule 13d-1. - 42 of 50 - SIGNATURE After reasonable inquiry and to the best of his/her/its knowledge and belief, each of the undersigned hereby certifies that the information set forth in this Schedule is true, complete and correct. Dated: April 17, 2000 WHEATLEY PARTNERS, II, L.P. By: /s/ Irwin Lieber -------------------------------------------- Irwin Lieber, a General Partner APPLEWOOD CAPITAL CORP. By: /s/ Barry Rubenstein -------------------------------------------- Barry Rubenstein, President /s/ Barry Rubenstein -------------------------------------------- Barry Rubenstein /s/ Irwin Liber -------------------------------------------- Irwin Lieber /s/ Barry Fingerhut -------------------------------------------- Barry Fingerhut /s/ Seth Lieber -------------------------------------------- Seth Lieber /s/ Jonathan Lieber -------------------------------------------- Jonathan Lieber INFOMEDIA ASSOCIATES, LTD. By: /s/ Irwin Lieber -------------------------------------------- Irwin Lieber, Secretary and Treasurer WOODLAND PARTNERS By: /s/ Barry Rubenstein -------------------------------------------- Barry Rubenstein, a General Partner /s/ Marilyn Rubenstein -------------------------------------------- Marilyn Rubenstein - 43 of 50 - 21ST CENTURY COMMUNICATIONS PARTNERS, L.P. By: Sandler Investment Partners, L.P., General Partner By: Sandler Capital Management, General Partner By: ARH Corp., a General Partner By: /s/Edward Grinacoff ---------------------------------------- Name: Edward Grinacoff Title: Secretary and Treasurer 21ST CENTURY COMMUNICATIONS T-E PARTNERS, L.P. By: Sandler Investment Partners, L.P., General Partner By: Sandler Capital Management, General Partner By: ARH Corp., a General Partner By: /s/Edward Grinacoff ---------------------------------------- Name: Edward Grinacoff Title: Secretary and Treasurer 21ST CENTURY COMMUNICATIONS FOREIGN PARTNERS, L.P. By: Sandler Investment Partners, L.P., General Partner By: Sandler Capital Management, General Partner By: ARH Corp., a General Partner By: /s/Edward Grinacoff ---------------------------------------- Name: Edward Grinacoff Title: Secretary and Treasurer - 44 of 50 - SANDLER INVESTMENT PARTNERS, L.P. By: Sandler Capital Management, General Partner By: ARH Corp., a General Partner By: /s/Edward Grinacoff ---------------------------------------- Name: Edward Grinacoff Title: Secretary and Treasurer SANDLER CAPITAL MANAGEMENT By: ARH Corp., a General Partner By: /s/Edward Grinacoff ---------------------------------------- Name: Edward Grinacoff Title: Secretary and Treasurer ARH CORP. By: /s/Edward Grinacoff ---------------------------------------- Name: Edward Grinacoff Title: Secretary and Treasurer ALCR CORP. By: /s/ Moira Mitchell ---------------------------------------- Name: Moira Mitchell Title: Secretary and Treasurer MJDM CORP. By: /s/Edward Grinacoff ---------------------------------------- Name: Edward Grinacoff Title: Secretary and Treasurer FOUR JK CORP. By: /s/Moira Mitchell ---------------------------------------- Name: Moira Mitchell Title: Vice President and Secretary - 45 of 50 - SERF CORP. By: /s/Moira Mitchell --------------------------------------- Name: Moira Mitchell Title: Secretary and Treasurer TERPSI CORP. By: /s/Moira Mitchell --------------------------------------- Name: Moira Mitchell Title: Secretary and Treasurer JIRAKAL CORP. By: /s/Moira Mitchell --------------------------------------- Name: Moira Mitchell Title: Secretary and Treasurer MEDG CORP. By: /s/Moira Mitchell --------------------------------------- Name: Moira Mitchell Title: President and Treasurer /s/ Harvey Sandler -------------------------------------------- Harvey Sandler /s/ Andrew Sandler -------------------------------------------- Andrew Sandler /s/ Michael Marocco -------------------------------------------- Michael Marocco /s/ John Kornreich -------------------------------------------- John Kornreich /s/ Douglas Schimmel -------------------------------------------- Douglas Schimmel /s/ Hannah Stone -------------------------------------------- Hannah Stone /s/ David Lee -------------------------------------------- David Lee /s/ Edward Grinacoff -------------------------------------------- Edward Grinacoff ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001). - 46 of 50 - JOINT FILING AGREEMENT Exhibit A In accordance with Rule 13d-1under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing on behalf of each of them of a statement on Schedule 13D (including amendments thereto) with respect to the Common Stock, par value $.0001 per share, of ONLINE RESOURCES & COMMUNICATIONS CORPORATION and that this Agreement be filed as an Exhibit to such statement on Schedule 13D. IN WITNESS WHEREOF, the undersigned hereby execute this Agreement effective as of the 9th day of March, 2000. WHEATLEY PARTNERS II,L.P. By: /s/ Irwin Lieber -------------------------------------------- Irwin Lieber, a General Partner APPLEWOOD CAPITAL CORP. By: /s/ Barry Rubenstein -------------------------------------------- Barry Rubenstein, President /s/ Barry Rubenstein -------------------------------------------- Barry Rubenstein /s/ Irwin Liber -------------------------------------------- Irwin Lieber /s/ Barry Fingerhut -------------------------------------------- Barry Fingerhut /s/ Seth Lieber -------------------------------------------- Seth Lieber /s/ Jonathan Lieber -------------------------------------------- Jonathan Lieber INFOMEDIA ASSOCIATES, LTD. By: /s/ Irwin Lieber -------------------------------------------- Irwin Lieber, Secretary and Treasurer WOODLAND PARTNERS By: /s/ Barry Rubenstein -------------------------------------------- Barry Rubenstein, a General Partner /s/ Marilyn Rubenstein -------------------------------------------- Marilyn Rubenstein - 47 of 50 - 21ST CENTURY COMMUNICATIONS PARTNERS, L.P. By: Sandler Investment Partners, L.P., General Partner By: Sandler Capital Management, General Partner By: ARH Corp., a General Partner By: /s/ Edward Grinacoff ---------------------------------------- Name: Edward Grinacoff Title: Secretary and Treasurer 21ST CENTURY COMMUNICATIONS T-E PARTNERS, L.P. By: Sandler Investment Partners, L.P., General Partner By: Sandler Capital Management, General Partner By: ARH Corp., a General Partner By: /s/ Edward Grinacoff ---------------------------------------- Name: Edward Grinacoff Title: Secretary and Treasurer 21ST CENTURY COMMUNICATIONS FOREIGN PARTNERS, L.P. By: Sandler Investment Partners, L.P., General Partner By: Sandler Capital Management, General Partner By: ARH Corp., a General Partner By: /s/ Edward Grinacoff ---------------------------------------- Name: Edward Grinacoff Title: Secretary and Treasurer - 48 of 50 - SANDLER INVESTMENT PARTNERS, L.P. By: Sandler Capital Management, General Partner By: ARH Corp., a General Partner By: /s/ Edward Grinacoff ---------------------------------------- Name: Edward Grinacoff Title: Secretary and Treasurer SANDLER CAPITAL MANAGEMENT By: ARH Corp., a General Partner By: /s/ Edward Grinacoff ---------------------------------------- Name: Edward Grinacoff Title: Secretary and Treasurer ARH CORP. By: /s/ Edward Grinacoff ---------------------------------------- Name: Edward Grinacoff Title: Secretary and Treasurer ALCR CORP. By: /s/ Moira Mitchell ---------------------------------------- Name: Moira Mitchell Title: Secretary and Treasurer MJDM CORP. By: /s/ Edward Grinacoff ---------------------------------------- Name: Edward Grinacoff Title: Secretary and Treasurer FOUR JK CORP. By: /s/ Moira Mitchell ---------------------------------------- Name: Moira Mitchell Title: Secretary and Treasurer - 49 of 50 - SERF CORP. By: /s/ Moira Mitchell ---------------------------------------- Name: Moira Mitchell Title: Secretary and Treasurer TERPSI CORP. By: /s/ Moira Mitchell ---------------------------------------- Name: Moira Mitchell Title: Secretary and Treasurer JIRAKAL CORP. By: /s/ Moira Mitchell ---------------------------------------- Name: Moira Mitchell Title: Secretary and Treasurer MEDG CORP. By: /s/ Moira Mitchell ---------------------------------------- Name: Moira Mitchell Title: President and Treasurer /s/ Harvey Sandler ------------------------------------ Harvey Sandler /s/ Andrew Sandler ------------------------------------ Andrew Sandler /s/ Michael Marocco ------------------------------------ Michael Marocco /s/ John Kornreich ------------------------------------ John Kornreich /s/ Douglas Schimmel ------------------------------------ Douglas Schimmel /s/ Hannah Stone ------------------------------------ Hannah Stone /s/ David Lee ------------------------------------ David Lee /s/ Edward Grinacoff ------------------------------------ Edward Grinacoff - 50 of 50 - -----END PRIVACY-ENHANCED MESSAGE-----