-----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, CHaFnwSTwDGHN1G8WfSgmvoABlTb+eFUrMFanx1SyihFKM0EupNC3kPEsGCleJIs LuqE2rRbbSsCcivUxBxw6Q== 0001020229-08-000015.txt : 20080229 0001020229-08-000015.hdr.sgml : 20080229 20080229154633 ACCESSION NUMBER: 0001020229-08-000015 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080229 DATE AS OF CHANGE: 20080229 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PROGINET CORP CENTRAL INDEX KEY: 0000934868 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 113264929 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-78092 FILM NUMBER: 08655513 BUSINESS ADDRESS: STREET 1: 200 GARDEN CITY PLAZA STREET 2: STE 220 CITY: GARDEN CITY STATE: NY ZIP: 11530 BUSINESS PHONE: 5165353600 MAIL ADDRESS: STREET 1: 200 GARDEN CITY PLAZA STREET 2: SUITE 220 CITY: GARDEN CITY STATE: NY ZIP: 11530 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Arnold Chester M. CENTRAL INDEX KEY: 0001427029 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: BUSINESS PHONE: 508-420-2977 MAIL ADDRESS: STREET 1: 40 FAIRWINDS DR. CITY: OSTERVILLE STATE: MA ZIP: 02655 SC 13G 1 f13gproginetcorp.htm SECURITIES AND EXCHANGE COMMISSION

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549


SCHEDULE 13G



Under the Securities Exchange Act of 1934




                Proginet Corporation               

(Name of Issuer)


Common Stock, par value $.001 per share

(Title of Class of Securities)


          742942105         

(CUSIP Number)



                           February 22, 2008                          

(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)


þ Rule 13d-1(c)


¨ Rule 13d-1(d)



*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 


This information required in the remainder of this cover 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. 742942 105

Page 2 of  6


 

1

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

 

Chester M. Arnold

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) [     ]    

 

  (b) [    ]    

3

SEC USE ONLY

 

 

 

4

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States of America

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

5

SOLE VOTING POWER

745,452 (The amount includes 185,000 shares of common stock held by the reporting person’s wife. The reporting person disclaims beneficial ownership of such shares.)

6

SHARED VOTING POWER

 0

 

7

SOLE DISPOSITIVE POWER

745,452 (The amount includes 185,000 shares of common stock held by the reporting person’s wife. The reporting person disclaims beneficial ownership of such shares. ) 

8

SHARED DISPOSITIVE POWER

 0

 

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 745,452 (The amount includes 185,000 shares of common stock held by the reporting person’s wife. The reporting person disclaims beneficial ownership of such shares. )

 

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*

[ X  ]        

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

5.1%

 

 

12

TYPE OF REPORTING PERSON*

 

IN

 

 



 



CUSIP No. 742942 105

Page 3 of  6



Item 1.


 

(a)

Name of Issuer:


Proginet Corporation


 

(b)

Address of Issuer's Principal Executive Offices:


Proginet Corporation

200 Garden City Plaza

Garden City, New York 11530


Item 2.


 

(a)

Name of Person Filing:


Chester M. Arnold


 

(b)

Address of Principal Business Office or, if none, Residence:


40 Fairwinds Drive

Osterville, Massachusetts 02655


 

(c)

Citizenship:


United States of America


 

(d)

Title of Class of Securities:


Common Stock, par value $.001 share


 

(e)

CUSIP Number: 742942105









CUSIP No. 742942 105

Page 4 of  6



Item 3.

If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:


Not Applicable


Item 4.

Ownership.


The following is information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.


(a)

Amount beneficially owned: 745,452 (The amount includes 185,000 shares of common stock held by the reporting person’s wife. The reporting person disclaims beneficial ownership of such shares).  


(b)

Percent of class: 5.1%


(c)

Number of shares as to which the person has:


(i)

Sole power to vote or to direct the vote: 745,452 (The amount includes 185,000 shares of common stock held by the reporting person’s wife. The reporting person disclaims beneficial ownership of such shares).


(ii)

Shared power to vote or to direct the vote: 0


(iii)

Sole power to dispose or to direct the disposition of: 745,452 (The amount includes 185,000 shares of common stock held by the reporting person’s wife. The reporting person disclaims beneficial ownership of such shares. ).


(iv)

Shared power to dispose or to direct the disposition of: 0


Item 5.

Ownership of Five Percent or Less of a Class


Not applicable.


Item 6.

Ownership of More than Five Percent on Behalf of Another Person


Not applicable.


Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company


Not applicable.


Item 8.

Identification and Classification of Members of the Group


Not applicable.






CUSIP No. 742942 105

Page 5 of  6




Item 9.

Notice of Dissolution of Group


Not applicable.


Item 10.

Certification


Not applicable.











 







 

CUSIP No. 742942 105

Page 6 of  6




 

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.




 

                            February 29, 2008                          

 

(Date)

 

 

 

 

 

                           /s/ Chester M. Arnold                            

 

(Signature)

 

 

 

 

 

                             Chester M. Arnold                              

 

(Name/Title)


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  




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