-----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, JXwwT2F2WoyI+dZuIMETdgTMdrLdhVKnn11lXmW9pCTBCglcp4w23XNtosF4Gbsq 1KyrgUS4qy56c43WNpqJvA== 0000891554-99-001485.txt : 19990723 0000891554-99-001485.hdr.sgml : 19990723 ACCESSION NUMBER: 0000891554-99-001485 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990722 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NETWORK PERIPHERALS INC CENTRAL INDEX KEY: 0000922521 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER COMMUNICATIONS EQUIPMENT [3576] IRS NUMBER: 770216135 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-43393 FILM NUMBER: 99668394 BUSINESS ADDRESS: STREET 1: 1371 MCCARTHY BLVD CITY: MILPITAS STATE: CA ZIP: 95035 BUSINESS PHONE: 4083217300 MAIL ADDRESS: STREET 1: 1371 MCCARTHY BLVD CITY: MILPITAS STATE: CA ZIP: 95035 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SENECA VENTURES CENTRAL INDEX KEY: 0001014876 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 68 WHEATLEY RD CITY: BROOKVILLE STATE: NY ZIP: 11545 BUSINESS PHONE: 2127358600 SC 13D/A 1 AMENDMENT NO. 4 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 S C H E D U L E 13D (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d -1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a). (Amendment No. 4)(1) NETWORK PERIPHERALS INC. (Name of Issuer) COMMON STOCK, $0.01 PAR VALUE (Title of Class of Securities) 64121R100 (CUSIP Number) Copy to: Seneca Ventures Stephen A. Cohen, Esq. 68 Wheatley Road Morrison Cohen Singer & Weinstein, LLP Brookville, New York 11545 750 Lexington Avenue Telephone (516) 626-3070 New York, New York 10022 Telephone (212) 735-8600 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) July 15, 1999 (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 14 - CUSIP No. 64121R100 13D ================================================================================ 1 Names of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) Woodland Venture Fund - -------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group* (a) |X| (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 404,000 shares 3.2% Shares Beneficially ---------------------------------------------------------- Owned By 8 Shared Voting Power Each 612,000 shares 4.8% Reporting Person ---------------------------------------------------------- With 9 Sole Dispositive Power 404,000 shares 3.2% ---------------------------------------------------------- 10 Shared Dispositive Power 612,000 shares 4.8% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 1,016,000 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* |_| - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 8.0% - -------------------------------------------------------------------------------- 14 Type of Reporting Person* PN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 2 of 14 - CUSIP No. 64121R100 13D ================================================================================ 1 Names 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) |X| (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 305,000 shares 2.4% Shares Beneficially ---------------------------------------------------------- Owned By 8 Shared Voting Power Each 711,000 shares 5.6% Reporting Person ---------------------------------------------------------- With 9 Sole Dispositive Power 305,000 shares 2.4% ---------------------------------------------------------- 10 Shared Dispositive Power 711,000 shares 5.6% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 1,016,000 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* |_| - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 8.0% - -------------------------------------------------------------------------------- 14 Type of Reporting Person* PN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 3 of 14 - CUSIP No. 64121R100 13D ================================================================================ 1 Names of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) Seneca Ventures - -------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group* (a) |X| (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 207,000 shares 1.6% Shares Beneficially ---------------------------------------------------------- Owned By 8 Shared Voting Power Each 809,000 shares 6.4% Reporting Person ---------------------------------------------------------- With 9 Sole Dispositive Power 207,000 shares 1.6% ---------------------------------------------------------- 10 Shared Dispositive Power 809,000 shares 6.4% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 1,016,000 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* |_| - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 8.0% - -------------------------------------------------------------------------------- 14 Type of Reporting Person* PN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 4 of 14 - CUSIP No. 64121R100 13D ================================================================================ 1 Names of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) Woodland Services Group - -------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group* (a) |X| (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 Beneficially ---------------------------------------------------------- Owned By 8 Shared Voting Power Each 1,016,000 shares 8.0% Reporting Person ---------------------------------------------------------- With 9 Sole Dispositive Power 0 shares 0% ---------------------------------------------------------- 10 Shared Dispositive Power 1,016,000 shares 8.0% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 1,016,000 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* |_| - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 8.0% - -------------------------------------------------------------------------------- 14 Type of Reporting Person* CO ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 5 of 14 - CUSIP No. 64121R100 13D ================================================================================ 1 Names 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) |X| (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 United States - -------------------------------------------------------------------------------- 7 Sole Voting Power Number of 100,000 shares 0.8% Shares Beneficially ---------------------------------------------------------- Owned By 8 Shared Voting Power Each 916,000 shares 7.3% Reporting Person ---------------------------------------------------------- With 9 Sole Dispositive Power 100,000 shares 0.8% ---------------------------------------------------------- 10 Shared Dispositive Power 916,000 shares 7.3% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 1,016,000 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* |_| - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 8.0% - -------------------------------------------------------------------------------- 14 Type of Reporting Person* IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 6 of 14 - CUSIP No. 64121R100 13D ================================================================================ 1 Names 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) |X| (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 8.0% Shares Beneficially ---------------------------------------------------------- Owned By 8 Shared Voting Power Each 1,016,000 shares 8.0% Reporting Person ---------------------------------------------------------- With 9 Sole Dispositive Power 0 shares 0% ---------------------------------------------------------- 10 Shared Dispositive Power 1,016,000 shares 8.0% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 1,016,000 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* |_| - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 8.0% - -------------------------------------------------------------------------------- 14 Type of Reporting Person* IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 7 of 14 - CUSIP No. 64121R100 13D ================================================================================ 1 Names of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) The Marilyn and Barry Rubenstein Family Foundation - -------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group* (a) |X| (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 Beneficially ---------------------------------------------------------- Owned By 8 Shared Voting Power Each 0 shares 0% Reporting Person ---------------------------------------------------------- With 9 Sole Dispositive Power 0 shares 0% ---------------------------------------------------------- 10 Shared Dispositive Power 0 shares 0% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 0 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% - -------------------------------------------------------------------------------- 14 Type of Reporting Person* OO ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 8 of 14 - CUSIP No. 64121R100 13D ================================================================================ 1 Names of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) Brian Rubenstein - -------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group* (a) |X| (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 Beneficially ---------------------------------------------------------- Owned By 8 Shared Voting Power Each 0 shares 0% Reporting Person ---------------------------------------------------------- With 9 Sole Dispositive Power 0 shares 0% ---------------------------------------------------------- 10 Shared Dispositive Power 0 shares 0% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 0 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% - -------------------------------------------------------------------------------- 14 Type of Reporting Person* IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 9 of 14 - CUSIP No. 64121R100 13D ================================================================================ 1 Names of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) Rebecca Rubenstein - -------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group* (a) |X| (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 Beneficially ---------------------------------------------------------- Owned By 8 Shared Voting Power Each 0 shares 0% Reporting Person ---------------------------------------------------------- With 9 Sole Dispositive Power 0 shares 0% ---------------------------------------------------------- 10 Shared Dispositive Power 0 shares 0% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 0 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% - -------------------------------------------------------------------------------- 14 Type of Reporting Person* IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 10 of 14 - This statement, dated July 15, 1999, constitutes Amendment No. 4 to the Schedule 13D, dated May 30, 1996, regarding the reporting persons ownership of certain securities of Network Peripherals Inc. (the "Issuer"). The 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. 4 to the Schedule is filed in accordance with Rule 13d-2 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") by the reporting persons. It shall refer only to information which has materially changed since the filing of the Schedule. ITEM 3. Source and Amount of Funds or Other Consideration. Woodland Partners obtained funds for the purchase of the additional shares of Common Stock from its working capital and/or other funds, and the Barry Rubenstein Rollover IRA obtained funds for its purchase of the additional shares of Common Stock from its other funds. The amount of funds used in acquiring the additional shares of Common Stock is set forth below: Name Amount of Consideration ---- ----------------------- Woodland Partners $240,625 Barry Rubenstein Rollover IRA $205,625 ITEM 4. Purpose of Transaction. The reporting persons acquired their shares for purposes of investment. Other than the reporting persons' purchase or sale of additional securities of the Issuer, no reporting person has any present plans or proposals which would relate to or would result in any of the matters set forth in subparagraphs (a) through (j) of Item 4 of the Schedule 13D. ITEM 5. Interests in Securities of the Issuer. (a) The following list sets forth the aggregate number and percentage (based on 12,623,597 shares of Common Stock outstanding as reported by the Issuer in its Form 10-Q for the quarter ended March 31, 1999) of outstanding shares of Common Stock owned beneficially by each reporting person named in Item 2, as of July 21, 1999: - 11 of 14 -
Shares of Percentage of Shares Common Stock of Common Stock Name Beneficially Owned Beneficially Owned - ---- ------------------ ------------------ Woodland Venture Fund 1,016,000 (1,2) 8.0% Woodland Partners 1,016,000 (2,3) 8.0% Seneca Ventures 1,016,000 (2,4) 8.0% Woodland Services Corp. 1,016,000 (2,5) 8.0% Barry Rubenstein 1,016,000 (2) 8.0% Marilyn Rubenstein 1,016,000 (2) 8.0% The Marilyn and Barry Rubenstein Family Foundation 0 0% Brian Rubenstein 0 0% Rebecca Rubenstein 0 0%
(b) The Fund has sole power to vote and to dispose of 404,000 shares of Common Stock representing approximately 3.2% of the outstanding Common Stock , and may be deemed to have shared power to vote and to dispose of 612,000 shares of Common Stock representing approximately 4.8% of the outstanding Common Stock. Partners has sole power to vote and to dispose of 305,000 shares of Common Stock representing approximately 2.4% of the outstanding Common Stock, and may be deemed to have shared power to vote and to dispose of 711,000 shares of Common Stock representing approximately 5.6% of the outstanding Common Stock. Seneca has sole power to vote and to dispose of 207,000 shares of Common Stock representing approximately 1.6% of the outstanding Common Stock, and may be deemed to have shared power to vote and to dispose of 809,000 shares of Common Stock representing approximately 6.4% of the outstanding Common Stock. Services may be deemed to have shared power to vote and to dispose of 1,016,000 shares of Common Stock representing approximately 8.0% of the outstanding Common Stock. Barry Rubenstein, by virtue of being a general partner of Seneca, Partners and the Fund, may be deemed to have shared power to vote and to dispose of 916,000 shares of Common Stock representing approximately 7.3% of the outstanding Common Stock. Barry Rubenstein has - -------- (1) The Fund disclaims beneficial ownership of 305,000 shares of Common Stock owned by Partners, 207,000 shares of Common Stock owned by Seneca and 100,000 shares of Common Stock held in Barry Rubenstein's Rollover IRA account. (2) The reporting person disclaims beneficial ownership of these securities except to the extent of his/her/its equity interest therein. (3) Partners disclaim beneficial ownership of 404,000 shares of Common Stock owned by the Fund, 207,000 shares of Common Stock owned by Seneca and 100,000 shares of Common Stock held in Barry Rubenstein's Rollover IRA account. (4) Seneca disclaims beneficial ownership of 305,000 shares of Common Stock owned by Partners, 404,000 shares of Common Stock owned by the Fund and 100,000 shares of Common Stock held in Barry Rubenstein's Rollover IRA account. (5) Services disclaims beneficial ownership of 305,000 shares of Common Stock owned by Partners and 100,000 shares of Common Stock held in Barry Rubenstein's Rollover IRA account. - 12 of 14 - sole power to vote and to dispose of 100,000 shares of Common Stock currently held in his Rollover IRA account representing approximately 0.8% of the outstanding Common Stock. Marilyn Rubenstein, by virtue of being a general partner of Partners, and wife of Barry Rubenstein, may be deemed to have shared power to vote and to dispose of 1,016,000 shares of Common Stock representing approximately 8.0% of the outstanding Common Stock. (c) The following is a description of all transactions in the shares of Common Stock of the Issuer by the persons identified in Item 2 of this Schedule 13D effected from May 15, 1999 through July 21, 1999, inclusive:
Purchase or Number of Shares Purchase or Name of Shareholder Sale Date Purchased or (Sold) Sale Price - ------------------- --------- ------------------- ---------- Seneca Ventures 7/15/99 (100,000) $18.00 Barry Rubenstein Rollover IRA 7/15/99 (75,000) $18.00 Woodland Ventures Fund 7/15/99 (150,000) $18.00 The Marilyn and Barry 7/15/99 (45,000) $18.00 Rubenstein Family Foundation Woodland Partners 7/21/99 10,000 $19.00
The reporting persons sold the shares of Common Stock in the over-the-counter market. On July 15, 1999, Woodland Partners donated by gift 30,000 shares of Common Stock to the Foundation. (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 July 15, 1999, the Foundation, Brian Rubenstein and Rebecca Rubenstein ceased to be the beneficial owners of more than five percent (5%) of the Common Stock of the Issuer. - 13 of 14 - After reasonable inquiry and to the best of their knowledge and belief, each of the undersigned hereby certifies that the information set forth in this Schedule is true, complete, and correct. Date: July 21, 1999 Barry Rubenstein ---------------------------------------- Barry Rubenstein, individually, as General Partner on behalf of Woodland Partners, Seneca Ventures, and Woodland Venture Fund, as President of Woodland Services Corp., and as Trustee of the Marilyn and Barry Rubenstein Family Foundation Marilyn Rubenstein ---------------------------------------- Marilyn Rubenstein * ---------------------------------------- Brian Rubenstein * ---------------------------------------- Rebecca Rubenstein *By: Barry Rubenstein ------------------------------------------- Barry Rubenstein, Attorney-in-Fact ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001). - 14 of 14 - -----END PRIVACY-ENHANCED MESSAGE-----