-----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, O3V6sXTXlobYoLQor6npsN/sIZcchdNIztYcaUOOo0uX09d4pm7JJwRy20nBKbrM as5pY8J/uYpXtv8d9Zz/HQ== 0000891554-99-002105.txt : 19991115 0000891554-99-002105.hdr.sgml : 19991115 ACCESSION NUMBER: 0000891554-99-002105 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19991112 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CORNERSTONE INTERNET SOLUTIONS CO /DE/ CENTRAL INDEX KEY: 0000929648 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 223272662 STATE OF INCORPORATION: DE FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: SC 13D SEC ACT: SEC FILE NUMBER: 005-46535 FILM NUMBER: 99747952 BUSINESS ADDRESS: STREET 1: 584 BROADWAY SUITE 509 CITY: NEW YORK STATE: NY ZIP: 10012 BUSINESS PHONE: 2123433920 MAIL ADDRESS: STREET 1: 584 BROADWAY SUITE 509 CITY: NEW YORK STATE: NY ZIP: 10012 FORMER COMPANY: FORMER CONFORMED NAME: ENTERACTIVE INC /DE/ DATE OF NAME CHANGE: 19940907 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 BUSINESS ADDRESS: STREET 1: 68 WHEATLEY RD CITY: BROOKVILLE STATE: NY ZIP: 11545 BUSINESS PHONE: 2127358600 SC 13D 1 SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 S C H E D U L E 13D 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. 11)(1) CORNERSTONE INTERNET SOLUTIONS CO. (Name of Issuer) COMMON STOCK, $0.01 PAR VALUE (Title of Class of Securities) 293636106 (CUSIP Number) Copy to: Stephen A. Cohen, Esq. Seneca Ventures Morrison Cohen Singer & Weinstein, LLP 68 Wheatley Road 750 Lexington Avenue Brookville, New York 11545 New York, New York 10022 Telephone (516) 626-3070 Telephone (212) 735-8600 (Name, Address and Telephone Number of Persons Authorized to Receive Notices and Communications) October 27, 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 which is the subject of this Schedule 13D, and is filing this schedule because of ss.ss. 240.13d - 1(e), 240.13d- 1(f) or 240.13d-1(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 ss. 240.13d-7 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 ("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). Page 1 of 44 CUSIP No. 293636106 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 (See Instructions) (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds (See Instructions) 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 473,000 shares 2.0% Shares ----------------------------------------------------------------- Beneficially 8 Shared Voting Power Owned By 11,727,486 shares 49.4% Each ----------------------------------------------------------------- Reporting 9 Sole Dispositive Power Person 473,000 shares 3.4% With ----------------------------------------------------------------- 10 Shared Dispositive Power 11,727,486 shares 50.6% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 12,200,486 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares |_| (See Instructions) - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 51.5% - -------------------------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 2 of 44 CUSIP No. 293636106 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 (See Instructions) (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds (See Instructions) 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 514,415 shares 2.2% Shares ----------------------------------------------------------------- Beneficially 8 Shared Voting Power Owned By 1,406,587 shares 5.9% Each ----------------------------------------------------------------- Reporting 9 Sole Dispositive Power Person 514,415 shares 3.7% With ----------------------------------------------------------------- 10 Shared Dispositive Power 1,406,587 shares 9.5% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 1,921,002 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares |_| (See Instructions) - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 13.0% - -------------------------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) PN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 3 of 44 CUSIP No. 293636106 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 (See Instructions) (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds (See Instructions) 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 343,636 shares 1.4% Shares ----------------------------------------------------------------- Beneficially 8 Shared Voting Power Owned By 1,577,366 shares 6.6% Each ----------------------------------------------------------------- Reporting 9 Sole Dispositive Power Person 343,636 shares 2.5% With ----------------------------------------------------------------- 10 Shared Dispositive Power 1,577,366 shares 10.7% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 1,921,002 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares |_| (See Instructions) - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 13.0% - -------------------------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) PN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 4 of 44 CUSIP No. 293636106 13D ================================================================================ 1 Names of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) Woodland Services Corp. - -------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds (See Instructions) 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 8 Shared Voting Power Owned By 1,921,002 shares 8.0% Each ----------------------------------------------------------------- Reporting 9 Sole Dispositive Power Person 0 shares 0% With ----------------------------------------------------------------- 10 Shared Dispositive Power 1,921,002 shares 13.0% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 1,921,002 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares |_| (See Instructions) - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 13.0% - -------------------------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) CO ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 5 of 44 CUSIP No. 293636106 13D ================================================================================ 1 Names 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 (See Instructions) (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds (See Instructions) 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 3,074,169 shares 12.9% Shares ----------------------------------------------------------------- Beneficially 8 Shared Voting Power Owned By 1,458,782 shares 6.1% Each ----------------------------------------------------------------- Reporting 9 Sole Dispositive Power Person 3,074,169 shares 19.2% With ----------------------------------------------------------------- 10 Shared Dispositive Power 1,458,782 shares 8.5% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 4,532,951 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares |_| (See Instructions) - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 26.4% - -------------------------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) PN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 6 of 44 CUSIP No. 293636106 13D ================================================================================ 1 Names 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 (See Instructions) (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds (See Instructions) 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 1,050,172 shares 4.4% Shares ----------------------------------------------------------------- Beneficially 8 Shared Voting Power Owned By 3,482,779 shares 14.7% Each ----------------------------------------------------------------- Reporting 9 Sole Dispositive Power Person 1,050,172 shares 7.3% With ----------------------------------------------------------------- 10 Shared Dispositive Power 3,482,779 shares 20.3% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 4,532,951 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares |_| (See Instructions) - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 26.4% - -------------------------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) PN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 7 of 44 CUSIP No. 293636106 13D ================================================================================ 1 Names 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 (See Instructions) (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds (See Instructions) 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 408,610 shares 1.7% Shares ----------------------------------------------------------------- Beneficially 8 Shared Voting Power Owned By 4,124,341 shares 17.4% Each ----------------------------------------------------------------- Reporting 9 Sole Dispositive Power Person 408,610 shares 2.9% With ----------------------------------------------------------------- 10 Shared Dispositive Power 4,124,341 shares 24.0% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 4,532,951 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares |_| (See Instructions) - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 26.4% - -------------------------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) PN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 8 of 44 CUSIP No. 293636106 13D ================================================================================ 1 Names 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 (See Instructions) (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds (See Instructions) 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 8 Shared Voting Power Owned By 4,532,951 shares 19.1% Each ----------------------------------------------------------------- Reporting 9 Sole Dispositive Power Person 0 shares 0% With ----------------------------------------------------------------- 10 Shared Dispositive Power 4,532,951 shares 26.4% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 4,532,951 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares |_| (See Instructions) - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 26.4% - -------------------------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 9 of 44 CUSIP No. 293636106 13D ================================================================================ 1 Names 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 (See Instructions) (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds (See Instructions) 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 8 Shared Voting Power Owned By 4,532,951 shares 19.1% Each ----------------------------------------------------------------- Reporting 9 Sole Dispositive Power Person 0 shares 0% With ----------------------------------------------------------------- 10 Shared Dispositive Power 4,532,951 shares 26.4% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 4,532,951 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares |_| (See Instructions) - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 26.4% - -------------------------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 10 of 44 CUSIP No. 293636106 13D ================================================================================ 1 Names 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 (See Instructions) (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds (See Instructions) 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 8 Shared Voting Power Owned By 4,532,951 shares 19.1% Each ----------------------------------------------------------------- Reporting 9 Sole Dispositive Power Person 0 shares 0% With ----------------------------------------------------------------- 10 Shared Dispositive Power 4,532,951 shares 26.4% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 4,532,951 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares |_| (See Instructions) - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 26.4% - -------------------------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 11 of 44 CUSIP No. 293636106 13D ================================================================================ 1 Names 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 (See Instructions) (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds (See Instructions) 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 8 Shared Voting Power Owned By 4,532,951 shares 19.1% Each ----------------------------------------------------------------- Reporting 9 Sole Dispositive Power Person 0 shares 0% With ----------------------------------------------------------------- 10 Shared Dispositive Power 4,532,951 shares 26.4% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 4,532,951 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares |_| (See Instructions) - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 26.4% - -------------------------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 12 of 44 CUSIP No. 293636106 13D ================================================================================ 1 Names 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 (See Instructions) (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds (See Instructions) 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 1,000 shares 0.01% Shares ----------------------------------------------------------------- Beneficially 8 Shared Voting Power Owned By 10,279,484 shares 43.3% Each ----------------------------------------------------------------- Reporting 9 Sole Dispositive Power Person 1,000 shares 0.01% With ----------------------------------------------------------------- 10 Shared Dispositive Power 10,279,484 shares 46.4% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 10,280,484 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares |_| (See Instructions) - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 46.4% - -------------------------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 13 of 44 CUSIP No. 293636106 13D ================================================================================ 1 Names 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 (See Instructions) (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds (See Instructions) 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 6,000 shares 0.01% Shares ----------------------------------------------------------------- Beneficially 8 Shared Voting Power Owned By 10,279,484 shares 43.3% Each ----------------------------------------------------------------- Reporting 9 Sole Dispositive Power Person 6,000 shares 0.01% With ----------------------------------------------------------------- 10 Shared Dispositive Power 10,279,484 shares 46.4% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 10,285,484 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares |_| (See Instructions) - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 46.4% - -------------------------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 14 of 44 CUSIP No. 293636106 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 (See Instructions) (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds (See Instructions) 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 485,714 shares 2.0% Shares ----------------------------------------------------------------- Beneficially 8 Shared Voting Power Owned By 1,435,288 shares 6.0% Each ----------------------------------------------------------------- Reporting 9 Sole Dispositive Power Person 485,714 shares 3.4% With ----------------------------------------------------------------- 10 Shared Dispositive Power 1,435,288 shares 9.7% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 1,921,002 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares |_| (See Instructions) - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 13.0% - -------------------------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) PN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 15 of 44 CUSIP No. 293636106 13D ================================================================================ 1 Names 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 (See Instructions) (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds (See Instructions) 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 5,746,533 shares 24.2% Shares ----------------------------------------------------------------- Beneficially 8 Shared Voting Power Owned By 0 shares 0% Each ----------------------------------------------------------------- Reporting 9 Sole Dispositive Power Person 5,746,533 shares 30.8% With ----------------------------------------------------------------- 10 Shared Dispositive Power 0 shares 0% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 5,746,533 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares |_| (See Instructions) - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 30.8% - -------------------------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) PN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 16 of 44 CUSIP No. 293636106 13D ================================================================================ 1 Names 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 (See Instructions) (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds (See Instructions) 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 8 Shared Voting Power Owned By 5,746,533 shares 24.2% Each ----------------------------------------------------------------- Reporting 9 Sole Dispositive Power Person 0 shares 0% With ----------------------------------------------------------------- 10 Shared Dispositive Power 5,746,533 shares 30.8% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 5,746,533 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares |_| (See Instructions) - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 30.8% - -------------------------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) CO ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 17 of 44 CUSIP No. 293636106 13D ================================================================================ 1 Names 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 (See Instructions) (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds (See Instructions) 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 8 Shared Voting Power Owned By 5,746,533 shares 24.2% Each ----------------------------------------------------------------- Reporting 9 Sole Dispositive Power Person 0 shares 0% With ----------------------------------------------------------------- 10 Shared Dispositive Power 5,746,533 shares 30.8% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 5,746,533 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares |_| (See Instructions) - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 30.8% - -------------------------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 18 of 44 CUSIP No. 293636106 13D ================================================================================ 1 Names 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 (See Instructions) (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds (See Instructions) 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 8 Shared Voting Power Owned By 5,746,533 shares 24.2% Each ----------------------------------------------------------------- Reporting 9 Sole Dispositive Power Person 0 shares 0% With ----------------------------------------------------------------- 10 Shared Dispositive Power 5,746,533 shares 30.8% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 5,746,533 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares |_| (See Instructions) - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 30.8% - -------------------------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 19 of 44 CUSIP No. 293636106 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 (See Instructions) (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds (See Instructions) 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 8 Shared Voting Power Owned By 1,921,002 shares 8.0% Each ----------------------------------------------------------------- Reporting 9 Sole Dispositive Power Person 0 shares 0% With ----------------------------------------------------------------- 10 Shared Dispositive Power 1,921,002 shares 13.0% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 1,921,002 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares |_| (See Instructions) - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 13.0% - -------------------------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 20 of 44 CUSIP No. 293636106 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 (See Instructions) (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds (See Instructions) 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 104,237 shares 0.4% Shares ----------------------------------------------------------------- Beneficially 8 Shared Voting Power Owned By 1,816,765 shares 7.6% Each ----------------------------------------------------------------- Reporting 9 Sole Dispositive Power Person 104,237 shares 0.8% With ----------------------------------------------------------------- 10 Shared Dispositive Power 1,816,765 shares 12.3% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 1,921,002 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares |_| (See Instructions) - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 13.0% - -------------------------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) OO ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 21 of 44 CUSIP No. 293636106 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 (See Instructions) (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds (See Instructions) 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 8 Shared Voting Power Owned By 104,237 shares 0.4% Each ----------------------------------------------------------------- Reporting 9 Sole Dispositive Power Person 0 shares 0% With ----------------------------------------------------------------- 10 Shared Dispositive Power 104,237 shares 0.8% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 104,237 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares |_| (See Instructions) - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 0.8% - -------------------------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 22 of 44 CUSIP No. 293636106 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 (See Instructions) (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds (See Instructions) 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 8 Shared Voting Power Owned By 104,237 shares 0.4% Each ----------------------------------------------------------------- Reporting 9 Sole Dispositive Power Person 0 shares 0% With ----------------------------------------------------------------- 10 Shared Dispositive Power 104,237 shares 0.8% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 104,237 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares |_| (See Instructions) - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 0.8% - -------------------------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 23 of 44 CUSIP No. 293636106 13D ================================================================================ 1 Names 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 (See Instructions) (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds (See Instructions) 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 8 Shared Voting Power Owned By 4,532,951 shares 19.1% Each ----------------------------------------------------------------- Reporting 9 Sole Dispositive Power Person 0 shares 0% With ----------------------------------------------------------------- 10 Shared Dispositive Power 4,532,951 shares 26.4% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 4,532,951 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares |_| (See Instructions) - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 26.4% - -------------------------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 24 of 44 CUSIP No. 293636106 13D ================================================================================ 1 Names 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 (See Instructions) (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds (See Instructions) 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 8 Shared Voting Power Owned By 4,532,951 shares 19.1% Each ----------------------------------------------------------------- Reporting 9 Sole Dispositive Power Person 0 shares 0% With ----------------------------------------------------------------- 10 Shared Dispositive Power 4,532,951 shares 26.4% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 4,532,951 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares |_| (See Instructions) - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 26.4% - -------------------------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 25 of 44 CUSIP No. 293636106 13D ================================================================================ 1 Names 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 (See Instructions) (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds (See Instructions) 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 8 Shared Voting Power Owned By 4,532,951 shares 19.1% Each ----------------------------------------------------------------- Reporting 9 Sole Dispositive Power Person 0 shares 0% With ----------------------------------------------------------------- 10 Shared Dispositive Power 4,532,951 shares 26.4% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 4,532,951 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares |_| (See Instructions) - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 26.4% - -------------------------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 26 of 44 This statement, dated October 27, 1999, constitutes Amendment No. 11 to the Schedule 13D, dated September 11, 1995, regarding the reporting persons ownership of certain securities of Cornerstone Internet Solutions Co. (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. 11 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 24. (a) Douglas Schimmel, is the sole shareholder of SERF Corp. (b) Address: 767 Fifth Avenue New York, New York 10153 (c) Principal Occupation: Investments. (d) No. (e) No. (f) Citizenship: United States. SERF Corp. became a general partner of SCM on January 1, 1999, which is the general partner of SIP, a general partner of 21st Century, T-E and Foreign. 25. (a) Hannah Stone, is the sole shareholder of TERPSI Corp. (b) Address: 767 Fifth Avenue New York, New York 10153 (c) Principal Occupation: Investments. (d) No. (e) No. (f) Citizenship: United States. TERPSI Corp. became a general partner of SCM on January 1, 1999, which is the general partner of SIP, a general partner of 21ST Century, T-E and Foreign. 26. (a) David Lee, is the sole shareholder of JIRAKAL Corp. (b) Address: 767 Fifth Avenue New York, New York 10153 (c) Principal Occupation: Investments. (d) No. (e) No. (f) Citizenship: United States. Page 27 of 44 JIRAKAL Corp. became a general partner of SCM on January 1, 1999, which is the general partner of SIP, a general partner of 21st Century, T-E and Foreign. Effective July 1, 1999, Applewood Associates, L.P. changed its name to Wheatley Partners II, L.P. ITEM 3. Source and Amount of Funds or Other Consideration. The source of funds for the acquisition of the additional securities was the personal funds of Barry Rubenstein. Number of Purchase Shares Price ------ ----- Barry Rubenstein 200,000 $475,000 ITEM 4. Purpose of Transaction. Other than the reporting persons' purchase or sale of additional securities of the Issuer, no reporting person has any present plan or proposal which would relate to or result in any of the matters set forth in subparagraphs (a)-(j) of Item 4 of Schedule 13D except as set forth herein. ITEM 5. Interests in Securities of the Issuer. (a) The following list sets forth the aggregate number and percentage (based on 13,669,292 shares of Common Stock outstanding as of August 31, 1999, as reported by the Issuer in its Form 10-Q for the quarter ended August 31, 1999), of outstanding shares of Common Stock owned beneficially by each reporting person named in Item 2, as of October 27, 1999. Page 28 of 44
Shares of Percentage of Shares Common Stock Percent of Voting of Common Stock Name Beneficially Owned(2) Control(3) Beneficially Owned(2) ---- --------------------- ---------- --------------------- Barry Rubenstein 12,200,486(4,5,6,7) 51.0% 51.5% Woodland Venture Fund 1,921,002(4) 8.0% 13.0% Seneca Ventures 1,921,002(4) 8.0% 13.0% Woodland Services Corp. 1,921,002(4) 8.0% 13.0% 21st Century 4,532,951(4,8) 19.1% 26.4% Communications Partners, L.P. 21st Century 4,532,951(4,9) 19.1% 26.4% Communications T-E Partners, L.P. 21st Century 4,532,951(4,10) 19.1% 26.4% Communications Foreign Partners, L.P. Michael Marocco 4,532,951(4,7) 19.1% 26.4% John Kornreich 4,532,951(4,7) 19.1% 26.4%
- -------- (2) Includes shares of Common Stock issuable upon the exercise of the options and shares of Common Stock issuable upon the conversion of the Class D Preferred Stock into Common Stock. (3) Includes voting rights from the Class D Preferred Stock. (4) The reporting person disclaims beneficial ownership of these securities, except to the extent of his/her/its equity interest therin. (5) Includes 160,500 shares of Common Stock held in Barry Rubenstein's Rollover IRA account. (6) Includes 746,533 shares of Common Stock owned by Wheatley Partners II, L.P. (7) Includes 1,032,951 shares of Common Stock owned by 21st Century, T-E and Foreign. (8) Includes 701,169 shares of Common Stock. 21st Century disclaims beneficial ownership of 242,172 shares of Common Stock owned by T-E and 89,610 shares of Common Stock owned by Foreign. (9) Includes 242,172 shares of Common Stock. T-E disclaims beneficial ownership of 701,169 shares of Common Stock owned by 21st Century and 89,610 shares of Common Stock owned by Foreign. (10) Includes 89,610 shares of Common Stock. Foreign disclaims beneficial ownership of 701,169 shares of Common Stock owned by 21st Century and 242,172 shares of Common Stock owned by T-E. Page 29 of 44
Shares of Percentage of Shares Common Stock Percent of Voting of Common Stock Name Beneficially Owned(2) Control(3) Beneficially Owned(2) ---- --------------------- ---------- --------------------- Harvey Sandler 4,532,951(4,7) 19.1% 26.4% Andrew Sandler 4,532,951(4,7) 19.1% 26.4% Barry Fingerhut 10,280,484(4,6,7) 43.3% 46.4% Irwin Lieber 10,302,484(4,6,7) 43.3% 46.4% Woodland Partners 1,921,002(4) 8.0% 13.0% Wheatley Partners II, L.P. 5,746,533(6) 24.2% 30.8% (formerly Applewood Associates, L.P.) Applewood Capital Corp. 5,746,53394,6) 24.2% 30.8% Seth Lieber 5,746,533(4,6) 24.2% 30.8% Jonathan Lieber 5,746,533(4,6) 24.2% 30.8% Marilyn Rubenstein 1,921,0024 8.0% 13.0% The Marilyn and Barry 1,921,0024 8.0% 13.0% Rubenstein Family Foundation Brian Rubenstein 104,2374 0.4% 0.8% Rebecca Rubenstein 104,2374 0.4% 0.8% Douglas Schimmel 4,532,951(4,7) 19.1% 26.4% Hannah Stone 4,532,951(4,7) 19.1% 26.4% David Lee 4,532,951(4,7) 19.1% 26.4%
(b) Barry Rubenstein has sole power to vote and to dispose of 473,000 shares of Common Stock (including 125,000 shares issuable upon the exercise of the Non-Qualified Option and 50,000 shares issuable upon the exercise of the Option), representing approximately 2.0% and 3.4%, respectively, of the outstanding Common Stock. By virtue of being a shareholder, officer and director of InfoMedia, a Trustee of the Foundation and a general partner of Wheatley Partners II, L.P., Seneca, the Fund and Woodland Partners, Barry Rubenstein may be deemed to have shared power to vote 11,727,486 shares of Common Stock (including 9,450,000 voting rights from the Class D Preferred Stock), representing approximately 49.4% of the outstanding Common Stock, and may be deemed to have shared power to dispose of 11,727,486 shares of Common Stock (including 9,450,000 shares issuable upon the conversion of the Class D Preferred Stock), representing approximately 50.6% of the outstanding Common Stock. Page 30 of 44 The Fund has sole power to vote 514,415 shares of Common Stock, representing approximately 2.2% of the outstanding Common Stock (including 300,000 voting rights from the Class D Preferred Stock), and may be deemed to have shared power to vote 1,406,587 shares of Common Stock (including 125,000 shares issuable upon the exercise of the Non-Qualified Option, 50,000 shares issuable upon the exercise of the Option and 650,000 voting rights from the Class D Preferred Stock), representing approximately 5.9% of the outstanding Common Stock. The Fund has the sole power to dispose of 514,415 shares of Common Stock (including 300,000 shares issuable upon the conversion of the Class D Preferred Stock), representing approximately 3.7% of the outstanding Common Stock, and shared power to dispose of 1,406,587 shares of Common Stock (including 125,000 shares issuable upon the exercise of the Non-Qualified Option, 50,000 shares issuable upon the exercise of the Option and 650,000 shares issuable upon the conversion of the Class D Preferred Stock), representing approximately 9.5% of the outstanding Common Stock. Seneca has sole power to vote 343,636 shares of Common Stock, representing approximately 1.4% of the outstanding Common Stock (including 200,000 voting rights from the Class D Preferred Stock), and may be deemed to have shared power to vote 1,577,366 shares of Common Stock (including 125,000 shares issuable upon the exercise of the Non-Qualified Option, 50,000 shares issuable upon the exercise of the Option and 750,000 voting rights from the Class D Preferred Stock), representing approximately 6.6% of the outstanding Common Stock. Seneca has sole power to dispose of 343,636 shares of Common Stock (including 200,000 shares issuable upon the conversion of the Class D Preferred Stock), representing approximately 2.5% of the outstanding Common Stock, and shared power to dispose of 1,577,366 shares of Common Stock (including 125,000 shares issuable upon the exercise of the Non-Qualified Option, 50,000 shares issuable upon the exercise of the Option and 750,000 shares issuable upon the conversion of the Class D Preferred Stock), representing approximately 10.7% of the outstanding Common Stock. Woodland Services Corp. has shared power to vote 1,921,002 shares of Common Stock (including 125,000 shares issuable upon the exercise of the Non-Qualified Option, 50,000 shares issuable upon the exercise of the Option and 950,000 voting rights from the Class D Preferred Stock), representing approximately 8.0% of the outstanding Common Stock, and may be deemed to have shared power to dispose of 1,921,002 shares of Common Stock (including 125,000 shares issuable upon the exercise of the Non-Qualified Option, 50,000 shares issuable upon the exercise of the Option, and 950,000 shares issuable upon the conversion of the Class D Preferred Stock), representing approximately 13.0% of the outstanding Common Stock. 21st Century has sole power to vote 3,074,169 shares of Common Stock (including 2,373,000 voting rights from the Class D Preferred Stock), representing approximately 12.9% of the outstanding Common Stock, and may be deemed to have shared power to vote 1,458,782 shares of Common Stock (including 1,127,000 voting rights from the Class D Preferred Stock), representing approximately 6.1% of the outstanding Common Stock. 21st Century has sole power to dispose of 3,074,169 shares of Common Stock (including 2,373,000 shares issuable upon the conversion of the Class D Preferred Stock), representing approximately 19.2% of the outstanding Common Stock, and may be deemed to have shared power to dispose of 1,458,782 shares of Common Stock (including Page 31 of 44 1,127,000 shares issuable upon the conversion of the Class D Preferred Stock), representing approximately 8.5% of the outstanding Common Stock. T-E has sole power to vote 1,050,172 shares of Common Stock (including 808,000 voting rights from the Class D Preferred Stock), representing approximately 4.4% of the outstanding Common Stock, and may be deemed to have shared power to vote 3,482,779 shares of Common Stock (including 2,692,000 voting rights from the Class D Preferred Stock), representing approximately 14.7% of the outstanding Common Stock. T-E has sole power to dispose of 1,050,172 shares of Common Stock (including 808,000 shares issuable upon the conversion of the Class D Preferred Stock), representing approximately 7.3% of the outstanding Common Stock, and may be deemed to have shared power to dispose of 3,482,779 shares of Common Stock (including 2,692,000 shares issuable upon the conversion of the Class D Preferred Stock), representing approximately 20.3% of the outstanding Common Stock. Foreign has sole power to vote 408,610 shares of Common Stock (including 319,000 voting rights from the Class D Preferred Stock), representing approximately 1.7% of the outstanding Common Stock. Foreign may be deemed to have shared power to vote 4,124,341 shares of Common Stock (including 3,181,000 voting rights from the Class D Preferred Stock), representing approximately 17.4% of the outstanding Common Stock. Foreign has sole power to dispose of 408,610 shares of Common Stock (including 319,000 shares issuable upon the conversion of the Class D Preferred Stock), representing approximately 2.9% of the outstanding Common Stock, and may be deemed to have shared power to dispose of 4,124,341 shares of Common Stock (including 3,181,000 shares issuable upon the conversion of the Class D Preferred Stock), representing approximately 24.0% of the outstanding Common Stock. By virtue of being the sole shareholder of MJDM Corp., Michael J. Marocco may be deemed to have shared power to vote 4,532,951 shares of Common Stock (including 3,500,000 voting rights from the Class D Preferred Stock), representing approximately 19.1% of the outstanding Common Stock, and may be deemed to have shared power to dispose of 4,532,951 shares of Common Stock (including 3,500,000 shares issuable upon the conversion of the Class D Preferred Stock), representing approximately 26.4% of the outstanding Common Stock. By virtue of being the majority shareholder and director of Four JK Corp., John Kornreich may be deemed to have shared power to vote 4,532,951 shares of Common Stock (including 3,500,000 voting rights from the Class D Preferred Stock), representing approximately 19.1% of the outstanding Common Stock, and may be deemed to have shared power to dispose of 4,532,951 shares of Common Stock (including 3,500,000 shares issuable upon the conversion of the Class D Preferred Stock), representing approximately 26.4% of the outstanding Common Stock. By virtue of being the sole shareholder of ARH Corp., Harvey Sandler may be deemed to have shared power to vote 4,532,951 shares of Common Stock (including 3,500,000 voting rights from the Class D Preferred Stock), representing approximately 19.1% of the outstanding Common Stock, and may be deemed to have shared power to dispose of 4,532,951 shares of Common Stock Page 32 of 44 (including 3,500,000 shares issuable upon the conversion of the Class D Preferred Stock), representing approximately 26.4% of the outstanding Common Stock. By virtue of being the sole shareholder of ALCR Corp., Andrew Sandler may be deemed to have shared power to vote 4,532,951 shares of Common Stock (including 3,500,000 voting rights from the Class D Preferred Stock), representing approximately 19.1% of the outstanding Common Stock, and may be deemed to have shared power to dispose of 4,532,951 shares of Common Stock (including 3,500,000 shares issuable upon the conversion of the Class D Preferred Stock), representing approximately 26.4% of the outstanding Common Stock. Barry Fingerhut has sole power to vote and dispose of 1,000 shares of Common Stock, representing approximately 0.01% and 0.01%, respectively of the outstanding Common Stock. By virtue of being a shareholder, officer and director of InfoMedia and a general partner of Wheatley Partners II, L.P., Barry Fingerhut may be deemed to have shared power to vote 10,279,484 shares of Common Stock (including 8,500,000 voting rights from the Class D Preferred Stock), representing approximately 43.3% of the outstanding Common Stock, and may be deemed to have shared power to dispose of 10,279,484 shares of Common Stock (including 8,500,000 shares issuable upon the conversion of the Class D Preferred Stock), representing approximately 46.4% of the outstanding Common Stock. Irwin Lieber has sole power to vote and dispose of 6,000 shares of Common Stock, representing approximately 0.01% and 0.01%, respectively of the outstanding Common Stock. By virtue of being a shareholder, officer and director of InfoMedia and a general partner of Wheatley Partners II, L.P., Irwin Lieber may be deemed to have shared power to vote 10,279,484 shares of Common Stock (including 8,500,000 voting rights from the Class D Preferred Stock), representing approximately 43.3% of the outstanding Common Stock, and may be deemed to have shared power to dispose of 10,279,484 shares of Common Stock (including 8,500,000 shares issuable upon the conversion of the Class D Preferred Stock), representing approximately 46.4% of the outstanding Common Stock. Wheatley Partners II, L.P. has sole power to vote 5,746,533 shares of Common Stock (including 5,000,000 voting rights from the Class D Preferred Stock), representing approximately 24.2% of the outstanding Common Stock, and has sole power to dispose of 5,746,533 shares of Common Stock (including 5,000,000 shares issuable upon the conversion of the Class D Preferred Stock), representing approximately 30.8% of the outstanding Common Stock. AC Corp. may be deemed to have shared power to vote 5,746,533 shares of Common Stock (including 5,000,000 voting rights from the Class D Preferred Stock), representing approximately 24.2% of the outstanding Common Stock, and may be deemed to have shared power to dispose of 5,746,533 shares of Common Stock (including 5,000,000 shares issuable upon the conversion of the Class D Preferred Stock), representing approximately 30.8% of the outstanding Common Stock. Page 33 of 44 By virtue of being a general partner of Wheatley Partners II, L.P. and an officer of AC Corp., Seth Lieber may be deemed to have shared power to vote 5,746,533 shares of Common Stock (including 5,000,000 voting rights from the Class D Preferred Stock), representing approximately 24.2% of the outstanding Common Stock (including 5,000,000 shares issuable upon the conversion of the Class D Preferred Stock), and may be deemed to have shared power to dispose of 5,746,533 shares of Common Stock, representing approximately 30.8% of the outstanding Common Stock. By virtue of being a general partner of Wheatley Partners II, L.P. and an officer of AC Corp., Jonathan Lieber may be deemed to have shared power to vote 5,746,533 shares of Common Stock (including 5,000,000 voting rights from the Class D Preferred Stock), representing approximately 24.2% of the outstanding Common Stock, and may be deemed to have shared power to dispose of 5,746,533 shares of Common Stock (including 5,000,000 shares issuable upon the conversion of the Class D Preferred Stock), representing approximately 30.8% of the outstanding Common Stock. Woodland Partners has sole power to vote 485,714 shares of Common Stock (including 450,000 voting rights from the Class D Preferred Stock), representing approximately 2.0% of the outstanding Common Stock, and may be deemed to have shared power to vote 1,435,288 shares of Common Stock (including 500,000 voting rights from the Class D Preferred Stock, 125,000 shares issuable upon the exercise of the Non-Qualified Option and 50,000 shares issuable upon the exercise of the Option), representing approximately 6.0% of the outstanding Common Stock. Woodland Partners has sole power to dispose of 485,714 shares of Common Stock (including 450,000 shares issuable upon the conversion of the Class D Preferred Stock), representing approximately 3.4% of the outstanding Common Stock, and may be deemed to have shared power to dispose of 1,435,288 shares of Common Stock (including 125,000 shares issuable upon the exercise of the Non-Qualified Option, 50,000 shares issuable upon the exercise of the Option and 500,000 shares issuable upon the conversion of the Class D Preferred Stock), representing approximately 9.7% of the outstanding Common Stock. By virtue of being a general partner of Woodland Partners, a Trustee of the Foundation, an officer of Woodland Services Corp. and the wife of Barry Rubenstein, Marilyn Rubenstein may be deemed to have shared power to vote 1,921,002 shares of Common stock (including 125,000 shares issuable upon the exercise of the Non-Qualified Option, 50,000 shares issuable upon the exercise of the Option and 950,000 voting rights from the Class D Preferred Stock), representing approximately 8.0% of the outstanding Common Stock, and may be deemed to have shared power to dispose of 1,921,002 shares of Common Stock (including 125,000 shares issuable upon the exercise of the Non-Qualified Option, 50,000 shares issuable upon the exercise of the Option, and 950,000 shares issuable upon the conversion of the Class D Preferred Stock), representing approximately 13.0% of the outstanding Common Stock. The Foundation has sole power to vote 104,237 shares of Common Stock, representing approximately 0.4% of the outstanding Common Stock, and may be deemed to have shared power to vote 1,816,765 shares of Common Stock (including 125,000 shares issuable upon the exercise of Page 34 of 44 the Non-Qualified Option, 50,000 shares issuable upon the exercise of the Option and 950,000 voting rights from the Class D Preferred Stock), representing approximately 7.6% of the outstanding Common Stock. The Foundation has sole power to dispose of 104,237 shares of Common Stock, representing approximately 0.8% of the outstanding Common Stock, and may be deemed to have shared power to dispose of 1,816,765 shares of Common Stock (including 125,000 shares issuable upon the exercise of the Non-Qualified Option, 50,000 shares issuable upon the exercise of the Option, and 950,000 shares issuable upon the conversion of the Class D Preferred Stock), representing approximately 12.3% of the outstanding Common Stock. By virtue of being a Trustee of the Foundation, Brian Rubenstein may be deemed to have shared power to vote 104,237 shares of Common Stock, representing approximately 0.4% of the outstanding Common Stock, and may be deemed to have shared power to dispose of 104,237 shares of Common Stock, representing approximately 0.8% of the outstanding Common Stock. By virtue of being a Trustee of the Foundation, Rebecca Rubenstein may be deemed to have shared power to vote 104,237 shares of Common Stock, representing approximately 0.4% of the outstanding Common Stock, and may be deemed to have shared power to dispose of 104,237 shares of Common Stock, representing approximately 0.8% of the outstanding Common Stock. By virtue of being the sole shareholder of SERF Corp., Douglas Schimmel may be deemed to have shared power to vote 4,532,951 shares of Common Stock (including 3,500,000 voting rights from the Class D Preferred Stock), representing approximately 19.1% of the outstanding Common Stock, and may be deemed to have shared power to dispose of 4,532,951 shares of Common Stock (including 3,500,000 shares issuable upon the conversion of the Class D Preferred Stock), representing approximately 26.4% of the outstanding Common Stock. By virtue of being the sole shareholder of TERPSI Corp., Hannah Stone may be deemed to have shared power to vote 4,532,951 shares of Common Stock (including 3,500,000 voting rights from the Class D Preferred Stock), representing approximately 19.1% of the outstanding Common Stock, and may be deemed to have shared power to dispose of 4,532,951 shares of Common Stock (including 3,500,000 shares issuable upon the conversion of the Class D Preferred Stock), representing approximately 26.4% of the outstanding Common Stock. By virtue of being the sole shareholder of JIRAKAL Corp., David Lee may be deemed to have shared power to vote 4,532,951 shares of Common Stock (including 3,500,000 voting rights from the Class D Preferred Stock), representing approximately 19.1% of the outstanding Common Stock, and may be deemed to have shared power to dispose of 4,532,951 shares of Common Stock (including 3,500,000 shares issuable upon the conversion of the Class D Preferred Stock), representing approximately 26.4% of the outstanding Common Stock. (c) The following is a description of all transactions in the securities of the Issuer by the persons identified in Item 2 of this Schedule 13D effected from August 27, 1999 through October 27, 1999, inclusive; Page 35 of 44 On October 27, 1999, Barry Rubenstein, a general partner of Rev-wood, exercised one-half of the Rev-wood Warrant (an option to acquire 400,000 shares of Common Stock in the aggregate) for the purchase of 200,000 shares of Common Stock of the Issuer at an exercise price of $2.375 per share. Mr. Rubenstein sold the 200,000 shares of Common Stock at $2.4375 per share, in the over-the-counter market, on such date. (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) Not applicable. ITEM 7. Material to be Filed as Exhibits. Exhibit 7.01 Agreement effective as of October 27, 1999 among the reporting persons by which they have agreed to file this Schedule 13D and all necessary amendments, as required by Rule 13d-1(f). Page 36 of 44 Signature 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: November 10, 1999 SENECA VENTURES /s/ Barry Rubenstein ---------------------------------- Barry Rubenstein, A General Partner WOODLAND VENTURE FUND /s/ Barry Rubenstein ---------------------------------- Barry Rubenstein, A General Partner WOODLAND SERVICES CORP. /s/ Barry Rubenstein ---------------------------------- Barry Rubenstein, President WOODLAND PARTNERS /s/ Barry Rubenstein ---------------------------------- Barry Rubenstein, A General Partner APPLEWOOD ASSOCIATES, L.P. /s/ Irwin Lieber ---------------------------------- Irwin Lieber, A General Partner APPLEWOOD CAPITAL CORP. /s/ Irwin Lieber ---------------------------------- Irwin Lieber, Secretary and Treasurer /s/ Barry Rubenstein ---------------------------------- Barry Rubenstein /s/ Barry Fingerhut ---------------------------------- Barry Fingerhut Page 37 of 44 /s/ Irwin Lieber ---------------------------------- Irwin Lieber /s/ Jonathan Lieber ---------------------------------- Jonathan Lieber /s/ Seth Lieber ---------------------------------- Seth Lieber /s/ Marilyn Rubenstein ---------------------------------- Marilyn Rubenstein THE MARILYN AND BARRY RUBENSTEIN FAMILY FOUNDATION By: /s/ Barry Rubenstein ---------------------------------- Barry Rubenstein, a Trustee * ---------------------------------- Brian Rubenstein * ---------------------------------- Rebecca Rubenstein * By: /s/ Barry Rubenstein ---------------------------------- Barry Rubenstein Attorney-in-Fact Page 38 of 44 21ST CENTURY COMMUNICATIONS PARTNERS, L.P. By: Sandler Investment Partners, L.P., general partner By: Sandler Capital Management, general partner By: ARH Corp., 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., 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., general partner By: /s/ Edward Grinacoff ------------------------------- Name: Edward Grinacoff Title: Secretary and Treasurer Page 39 of 44 /s/ Michael J. Marocco ---------------------------------- Michael J. Marocco /s/ John Kornreich ---------------------------------- John Kornreich /s/ Harvey Sandler ---------------------------------- Harvey Sandler /s/ Andrew Sandler ---------------------------------- Andrew Sandler /s/ Douglas Schimmel ---------------------------------- Douglas Schimmel /s/ Hannah Stone ---------------------------------- Hannah Stone /s/ David Lee ---------------------------------- David Lee ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001). Page 40 of 44 Exhibit 7.01 JOINT FILING AGREEMENT In accordance with Rule 13d-1(f) under 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 $0.01 per share, of CORNERSTONE INTERNET SOLUTIONS CO. 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 27th day of October, 1999. SENECA VENTURES /s/ Barry Rubenstein ---------------------------------- Barry Rubenstein, A General Partner WOODLAND VENTURE FUND /s/ Barry Rubenstein ---------------------------------- Barry Rubenstein, A General Partner WOODLAND SERVICES CORP. /s/ Barry Rubenstein ---------------------------------- Barry Rubenstein, President WOODLAND PARTNERS /s/ Barry Rubenstein ---------------------------------- Barry Rubenstein, A General Partner APPLEWOOD ASSOCIATES, L.P. /s/ Irwin Lieber ---------------------------------- Irwin Lieber, A General Partner Page 41 of 44 APPLEWOOD CAPITAL CORP. /s/ Irwin Lieber ---------------------------------- Irwin Lieber, Secretary and Treasurer /s/ Barry Rubenstein ---------------------------------- Barry Rubenstein /s/ Barry Fingerhut ---------------------------------- Barry Fingerhut /s/ Irwin Lieber ---------------------------------- Irwin Lieber /s/ Jonathan Lieber ---------------------------------- Jonathan Lieber /s/ Seth Lieber ---------------------------------- Seth Lieber /s/ Marilyn Rubenstein ---------------------------------- Marilyn Rubenstein THE MARILYN AND BARRY RUBENSTEIN FAMILY FOUNDATION By: /s/ Barry Rubenstein ---------------------------------- Barry Rubenstein, a Trustee * ---------------------------------- Brian Rubenstein * ---------------------------------- Rebecca Rubenstein * By: /s/ Barry Rubenstein ----------------------------- Barry Rubenstein Attorney-in-Fact Page 42 of 44 21ST CENTURY COMMUNICATIONS PARTNERS, L.P. By: Sandler Investment Partners, L.P., general partner By: Sandler Capital Management, general partner By: ARH Corp., 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., 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., general partner By: /s/ Edward Grinacoff -------------------------------------- Name: Edward Grinacoff Title: Secretary and Treasurer Page 43 of 44 /s/ Michael J. Marocco ---------------------------------- Michael J. Marocco /s/ John Kornreich ---------------------------------- John Kornreich /s/ Harvey Sandler ---------------------------------- Harvey Sandler /s/ Andrew Sandler ---------------------------------- Andrew Sandler /s/ Douglas Schimmel ---------------------------------- Douglas Schimmel /s/ Hannah Stone ---------------------------------- Hannah Stone /s/ David Lee ---------------------------------- David Lee ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001). Page 44 of 44 -----END PRIVACY-ENHANCED MESSAGE-----