-----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, M79HReKgwMiO2zC86hKpsWZxdLElYTBEwoitFT+Xpfhr3SvMoUFWHy0QHqStt6oP 2uYzFmReKhgnXlS/l6lSWw== 0001005477-00-001913.txt : 20000307 0001005477-00-001913.hdr.sgml : 20000307 ACCESSION NUMBER: 0001005477-00-001913 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000303 GROUP MEMBERS: DIMENSIONAL PARTNERS, L.P. GROUP MEMBERS: DIMENSIONAL PARTNERS, LTD GROUP MEMBERS: JDS ASSET MANAGEMENT, LLC GROUP MEMBERS: JDS CAPITAL MANAGEMENT INC GROUP MEMBERS: JOSEPH D. SAMBERG SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TTR INC CENTRAL INDEX KEY: 0000933955 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER PERIPHERAL EQUIPMENT, NEC [3577] IRS NUMBER: 113223672 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-58629 FILM NUMBER: 560273 BUSINESS ADDRESS: STREET 1: 1841 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10023 BUSINESS PHONE: 2123333355 MAIL ADDRESS: STREET 1: 2 HANAGER STREET CITY: KFAR SASBA ISRAEL STATE: L3 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: JDS CAPITAL MANAGEMENT INC CENTRAL INDEX KEY: 0001097562 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 133918633 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 780 THIRD AVENUE 45TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2128339921 MAIL ADDRESS: STREET 1: 780 THIRD AVENUE 45TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 SC 13G 1 SCHEDULE 13G SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ---------- SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) TTR TECHNOLOGIES, INC. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $0.001 per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 87305 U102 - -------------------------------------------------------------------------------- (CUSIP Number) February 24, 2000 - -------------------------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |_| Rule 13d-1 (b) |X| Rule 13d-1 (c) |_| Rule 13d-1 (d) - ---------- (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 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 87305U102 SCHEDULE 13G Page 2 of 16 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Dimensional Partners, L.P. I.R.S. #13-5514352 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION State of Delaware - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER None -------------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY 320,000 OWNED BY -------------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON None WITH -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 320,000 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 320,000 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.18% but 10.92% if considered together with Dimensional Partners, Ltd. - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 87305U102 SCHEDULE 13G Page 3 of 16 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) JDS Asset Management, LLC I.R.S. #13-4053441 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION State of Delaware - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER None -------------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY 320,000 OWNED BY -------------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON None WITH -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 320,000 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 320,000 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.18% but 10.92% if considered together with Dimensional Partners, Ltd. - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* OO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 87305U102 SCHEDULE 13G Page 4 of 16 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Dimensional Partners, Ltd - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER None -------------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY 1,280,000 OWNED BY -------------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON None WITH -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,280,000 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,280,000 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 8.74% but 10.92% if considered together with Dimensional Partners, L.P. - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* OO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 87305U102 SCHEDULE 13G Page 5 of 16 Pages - -------------------------------------------------------------------------------- 1. NAMES OF REPORTING PERSONS. S.S. or I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). JDS Capital Management, Inc. I.R.S #13-3918633 - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION State of Delaware - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER None -------------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY 1,280,000 OWNED BY -------------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON None WITH -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,280,000 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,280,000 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 8.74% but 10.92% if considered together with Dimensional Partners, L.P. - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 87305U102 SCHEDULE 13G Page 6 of 16 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Joseph D. Samberg - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER None -------------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY 1,600,000 OWNED BY -------------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON None WITH -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,600,000 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,600,000 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 10.92% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INTRODUCTORY NOTE: This Statement on Schedule 13G is the initial filing on Schedule 13G by the Reporting Persons (as defined below) pursuant to Rule 13d- 1(c) (the "Schedule 13G"). The Schedule 13G is filed by (i) Dimensional Partners, L.P., a Delaware limited partnership ("Dimensional I"), (ii) the general partner of Dimensional I, JDS Asset Management, LLC, a Delaware limited liability company ("JDSAM"), (iii) Dimensional Partners, Ltd., a Cayman Islands company ("Dimensional II"), (iv) the investment manager and subadvisor of Dimensional II, JDS Capital Management, Inc., a Delaware corporation ("JDSCM"), and (v) Joseph D. Samberg, the Managing Member of JDSAM and the President of JDSCM ("Samberg") (collectively, the "Reporting Persons"). Item 1(a) Name of Issuer - ---------------------------------- TTR Technologies, Inc. Item 1(b) Address of Issuer's Principal Executive Office - ------------------------------------------------------------------ 67 Wall Street, Suite 2401, New York, N.Y. 10005 Item 2(a) Name of Person Filing - ----------------------------------------- Dimensional Partners, L.P. JDS Asset Management, LLC Dimensional Partners, Ltd. JDS Capital Management, Inc. Joseph D. Samberg Item 2(b) Address of Principal Business Office - -------------------------------------------------------- Address of principal business office of each of Dimensional I, JDSAM, JDSCM and Samberg is: 780 Third Avenue, 45th Floor, New York, NY 10017. Address of principal business office of Dimensional II is: Corporate Center, West Bay Road, P.O. Box 31106 SMB, Grand Cayman, Cayman Islands. Item 2(c) Citizenship - ------------------------------- Dimensional I is a Delaware limited partnership; JDSAM is a Delaware limited liability company, Dimensional II is a Cayman Islands company, JDSCM is a Delaware corporation, and Samberg is a citizen of the United States. Item 2(d) Title of Class of Securities - ------------------------------------------------ Common Stock, par value $0.001 per share Page 7 of 16 Item 2(e) CUSIP Number - -------------------------------- 87305U102 Item 3 If this statement is filed pursuant to Rules 13d-1(b) or - ---------------------------------------------------------------------------- 13-2(b) or (c), check whether the person filing is a: ---------------------------------------------------- (a) |_| Broker of Dealer registered under Section 15 of the Act (b) |_| Bank as defined in Section 3(a)(6) of the Act (c) |_| Insurance company as defined in Section 3(a)(19) of the Act (d) |_| Investment Company registered under section 8 of the Investment Company Act of 1940 (e) |_| An Investment Adviser in accordance with 13-1(b)(1)(ii)(E) (f) |_| An Employee Benefit Plan or Endowment Fund in accordance with 13d-1(b)(1)(ii)(F) (g) |_| A Parent Holding Company or Control Person in accordance with 13d-1(b)(1)(ii)(G) (h) |_| A Savings Association as defined in Section 3(b) of the Federal Deposit Insurance Act (i) |_| A Church Plan that is excluded from the definition of an Investment Company under Section 3(c)(14) of the Investment Company Act of 1940 (j) |_| Group, in accordance with 13d-1(b)(1)(ii)(J) Item 4 Ownership - ----------------------------- As of February 24, 2000, Dimensional II beneficially owns 920,000 shares of Common Stock and warrants exercisable at any time at the option of Dimensional II for 360,000 shares of Common Stock of the Issuer, representing, in aggregate, 8.74% of the total outstanding shares of Common Stock, and Dimensional I beneficially owns 230,000 shares of Common Stock and warrants exercisable at any time at the option of Dimensional I for 90,000 shares of Common Stock of the Issuer, representing, in aggregate, 2.18% of the total outstanding shares of Common Stock. In aggregate, Dimensional I and Dimensional II beneficially own 1,150,000 shares of Common Stock and warrants Page 8 of 16 exercisable for 450,000 shares of Common Stock of the Issuer, such shares and warrants representing 10.92% of the total outstanding shares of Common Stock. JDSAM, as the general partner of Dimensional I, and Samberg, as the Managing Member of JDSAM, have shared voting power and dispositive power over the shares and warrants held by Dimensional I and may be deemed to be the beneficial owners of these shares and warrants. JDSCM, as the investment manager and subadvisor of Dimensional II, and Samberg, as the President of JDSCM, have shared voting and dispositive power over the shares and warrants held by Dimensional II and may be deemed to be the beneficial owners of these shares and warrants. Item 5 Ownership of Five Percent or Less of a Class - ---------------------------------------------------------------- Not applicable Item 6 Ownership of More than Five Percent on Behalf of Another - ---------------------------------------------------------------------------- Person ------ Not applicable Item 7 Identification and Classification of the Subsidiary Which - ----------------------------------------------------------------------------- Acquired the Security Being Reported on by the Parent Holding ------------------------------------------------------------- Not applicable Item 8 Identification and Classification of Members of the Group - ----------------------------------------------------------------------------- Not applicable Item 9 Notice of Dissolution of Group - -------------------------------------------------- Not applicable Item 10 Certification - --------------------------------- By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. Page 9 of 16 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: March 2, 2000 DIMENSIONAL PARTNERS, LTD. By: JDS Capital Management, Inc., its investment manager and subadvisor By: /s/ Joseph D. Samberg ----------------------------- Name: Joseph D. Samberg Title: President Page 10 of 16 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: March 2, 2000 DIMENSIONAL PARTNERS, L.P. By: JDS Asset Management, LLC, its general partner By: /s/ Joseph D. Samberg ------------------------------ Name: Joseph D. Samberg Title: Managing Member Page 11 of 16 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: March 2, 2000 JDS ASSET MANAGEMENT, LLC By: /s/ Joseph D. Samberg --------------------------------- Name: Joseph D. Samberg Title: Managing Member Page 12 of 16 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: March 2, 2000 JDS CAPITAL MANAGEMENT, INC. By: /s/ Joseph D. Samberg ------------------------------- Name: Joseph D. Samberg Title: President Page 13 of 16 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: March 2, 2000 /s/ Joseph D. Samberg ------------------------------- Joseph D. Samberg Page 14 of 16 JOINT FILING AGREEMENT The undersigned parties hereby agree that the Schedule 13G filed herewith relating to the Common Stock of TTR Technologies, Inc. is being filed jointly with the Securities and Exchange Commission pursuant to Rule 13d-1(f) on behalf of each such person. Date: March 2, 2000 -----END PRIVACY-ENHANCED MESSAGE-----