-----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, Cwz4JJavfb7XA/nSBHLUCiyvBGkTZaXHKTjSBrE2lYkVYvZ6fqgXSzf0Jn/fiK95 LcrefOyJgE0yBnjjnpzN1A== 0000950146-98-000313.txt : 19980302 0000950146-98-000313.hdr.sgml : 19980302 ACCESSION NUMBER: 0000950146-98-000313 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980227 SROS: NONE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ENTERACTIVE INC /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: 98552714 BUSINESS ADDRESS: STREET 1: 110 W 40TH ST STE 2100 CITY: NEW YORK STATE: NY ZIP: 10018 BUSINESS PHONE: 2122216559 MAIL ADDRESS: STREET 1: 110 W 40TH ST STE 210 CITY: NEW YORK STATE: NY ZIP: 10018 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 Under the Securities Exchange Act of 1934 (Amendment No. 6)* ENTERACTIVE, INC. - -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK, $0.01 PAR VALUE - -------------------------------------------------------------------------------- (Title of Class of Securities) 293636106 --------------- (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 Persons Authorized to Receive Notices and Communications) February 19, 1998 - -------------------------------------------------------------------------------- (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 Rule 13d-1(b)(3) or (4), check the following space __. NOTE: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. *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). (Continued on following page(s)) CUSIP No. 293636106 13D ================================================================================ 1 | Name of Reporting Person | S.S. or I.R.S. Identification No. of Above Person | Barry Rubenstein | - -------------------------------------------------------------------------------- 2 | Check the Appropriate Box if a Member of a Group (a) |_| | (See Instructions) (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 | | 323,000 shares 1.8% Number of |----------------------------------------------------------- Shares | 8 | Shared Voting Power Beneficially | | 9,035,886 shares 48.4% Owned By |----------------------------------------------------------- Each | 9 | Sole Dispositive Power Reporting | | 323,000 shares 3.4% Person |----------------------------------------------------------- With | 10 | Shared Dispositive Power | | 2,634,686 shares 26.8% - -------------------------------------------------------------------------------- 11 | Aggregate Amount Beneficially Owned By Each Reporting Person | 2,957,686 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) | 29.6% | - -------------------------------------------------------------------------------- 14 | Type of Reporting Person (See Instructions) | IN ================================================================================ 2 of 36 CUSIP No. 293636106 13D ================================================================================ 1 | Name of Reporting Person | S.S. or I.R.S. Identification No. of Above Person | Woodland Venture Fund | - -------------------------------------------------------------------------------- 2 | Check the Appropriate Box if a Member of a Group (a) |_| | (See Instructions) (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 | | 459,215 shares 2.5% Number of |----------------------------------------------------------- Shares | 8 | Shared Voting Power Beneficially | | 1,182,987 shares 6.4% Owned By |----------------------------------------------------------- Each | 9 | Sole Dispositive Power Reporting | | 214,415 shares 2.3% Person |----------------------------------------------------------- With | 10 | Shared Dispositive Power | | 606,587 shares 6.3% - -------------------------------------------------------------------------------- 11 | Aggregate Amount Beneficially Owned By Each Reporting Person | 821,002 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) | 8.6% | - -------------------------------------------------------------------------------- 14 | Type of Reporting Person (See Instructions) | PN ================================================================================ 3 of 36 CUSIP No. 293636106 13D ================================================================================ 1 | Name of Reporting Person | S.S. or I.R.S. Identification No. of Above Person | Seneca Ventures | - -------------------------------------------------------------------------------- 2 | Check the Appropriate Box if a Member of a Group (a) |_| | (See Instructions) (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 | | 306,836 shares 1.7% Number of |----------------------------------------------------------- Shares | 8 | Shared Voting Power Beneficially | | 1,335,366 shares 7.2% Owned By |----------------------------------------------------------- Each | 9 | Sole Dispositive Power Reporting | | 143,636 shares 1.5% Person |----------------------------------------------------------- With | 10 | Shared Dispositive Power | | 677,366 shares 7.1% - -------------------------------------------------------------------------------- 11 | Aggregate Amount Beneficially Owned By Each Reporting Person | 821,002 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) | 8.6% | - -------------------------------------------------------------------------------- 14 | Type of Reporting Person (See Instructions) | PN ================================================================================ 4 of 36 CUSIP No. 293636106 13D ================================================================================ 1 | Name of Reporting Person | S.S. or I.R.S. Identification No. of Above Person | Woodland Services Corp. | - -------------------------------------------------------------------------------- 2 | Check the Appropriate Box if a Member of a Group (a) |_| | (See Instructions) (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 | | 0 shares 0% Number of |----------------------------------------------------------- Shares | 8 | Shared Voting Power Beneficially | | 1,642,202 shares 8.9% Owned By |----------------------------------------------------------- Each | 9 | Sole Dispositive Power Reporting | | 0 shares 0% Person |----------------------------------------------------------- With | 10 | Shared Dispositive Power | | 821,002 shares 8.6% - -------------------------------------------------------------------------------- 11 | Aggregate Amount Beneficially Owned By Each Reporting Person | 821,002 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) | 8.6% | - -------------------------------------------------------------------------------- 14 | Type of Reporting Person (See Instructions) | CO ================================================================================ 5 of 36 CUSIP No. 293636106 13D ================================================================================ 1 | Name of Reporting Person | S.S. or I.R.S. Identification No. of Above Person | 21st Century Communications Partners, L.P. | - -------------------------------------------------------------------------------- 2 | Check the Appropriate Box if a Member of a Group (a) |_| | (See Instructions) (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 | | 2,084,289 shares 11.4% Number of |----------------------------------------------------------- Shares | 8 | Shared Voting Power Beneficially | | 988,662 shares 5.4% Owned By |----------------------------------------------------------- Each | 9 | Sole Dispositive Power Reporting | | 701,169 shares 7.4% Person |----------------------------------------------------------- With | 10 | Shared Dispositive Power | | 331,782 shares 3.5% - -------------------------------------------------------------------------------- 11 | Aggregate Amount Beneficially Owned By Each Reporting Person | 1,032,951 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) | 11.0% | - -------------------------------------------------------------------------------- 14 | Type of Reporting Person (See Instructions) | PN ================================================================================ 6 of 36 CUSIP No. 293636106 13D ================================================================================ 1 | Name of Reporting Person | S.S. or I.R.S. Identification No. of Above Person | 21st Century Communications T-E Partners, L.P. | - -------------------------------------------------------------------------------- 2 | Check the Appropriate Box if a Member of a Group (a) |_| | (See Instructions) (b) |_| - -------------------------------------------------------------------------------- 3 | SEC Use Only | - -------------------------------------------------------------------------------- 4 | Source of Funds WC,OO | - -------------------------------------------------------------------------------- 5 | Check Box if Disclosure of Legal Proceedings is Required |_| | Pursuant to Items 2(d) or 2(e) - -------------------------------------------------------------------------------- 6 | Citizenship or Place of Organization Delaware | - -------------------------------------------------------------------------------- | 7 | Sole Voting Power | | 713,004 shares 3.9% Number of |----------------------------------------------------------- Shares | 8 | Shared Voting Power Beneficially | | 2,359,947 shares 12.9% Owned By |----------------------------------------------------------- Each | 9 | Sole Dispositive Power Reporting | | 242,172 shares 2.6% Person |----------------------------------------------------------- With | 10 | Shared Dispositive Power | | 790,779 shares 8.4% - -------------------------------------------------------------------------------- 11 | Aggregate Amount Beneficially Owned By Each Reporting Person | 1,032,951 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) | 11.0% | - -------------------------------------------------------------------------------- 14 | Type of Reporting Person (See Instructions) | PN ================================================================================ 7 of 36 CUSIP No. 293636106 13D ================================================================================ 1 | Name of Reporting Person | S.S. or I.R.S. Identification No. of Above Person | 21st Century Communications Foreign Partners, L.P. | - -------------------------------------------------------------------------------- 2 | Check the Appropriate Box if a Member of a Group (a) |_| | (See Instructions) (b) |_| - -------------------------------------------------------------------------------- 3 | SEC Use Only | - -------------------------------------------------------------------------------- 4 | Source of Funds WC,OO | (See Instructions) - -------------------------------------------------------------------------------- 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 | | 275,658 shares 1.5% Number of |----------------------------------------------------------- Shares | 8 | Shared Voting Power Beneficially | | 2,797,293 shares 15.3% Owned By |----------------------------------------------------------- Each | 9 | Sole Dispositive Power Reporting | | 89,610 shares 1.0% Person |----------------------------------------------------------- With | 10 | Shared Dispositive Power | | 943,341 shares 10.0% - -------------------------------------------------------------------------------- 11 | Aggregate Amount Beneficially Owned By Each Reporting Person | 1,032,951 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) | 11.0% | - -------------------------------------------------------------------------------- 14 | Type of Reporting Person (See Instructions) | PN ================================================================================ 8 of 36 CUSIP No. 293636106 13D ================================================================================ 1 | Name of Reporting Person | S.S. or I.R.S. Identification No. of Above Person | Michael J. Marocco | - -------------------------------------------------------------------------------- 2 | Check the Appropriate Box if a Member of a Group (a) |_| | (See Instructions) (b) |_| - -------------------------------------------------------------------------------- 3 | SEC Use Only | - -------------------------------------------------------------------------------- 4 | Source of Funds OO | (See Instructions) - -------------------------------------------------------------------------------- 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 | | 0 shares 0% Number of |----------------------------------------------------------- Shares | 8 | Shared Voting Power Beneficially | | 3,072,951 shares 16.8% Owned By |----------------------------------------------------------- Each | 9 | Sole Dispositive Power Reporting | | 0 shares 0% Person |----------------------------------------------------------- With | 10 | Shared Dispositive Power | | 1,032,951 shares 11.0% - -------------------------------------------------------------------------------- 11 | Aggregate Amount Beneficially Owned By Each Reporting Person | 1,032,951 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) | 11.0% | - -------------------------------------------------------------------------------- 14 | Type of Reporting Person (See Instructions) | IN ================================================================================ 9 of 36 CUSIP No. 293636106 13D ================================================================================ 1 | Name of Reporting Person | S.S. or I.R.S. Identification No. of Above Person | John Kornreich | - -------------------------------------------------------------------------------- 2 | Check the Appropriate Box if a Member of a Group (a) |_| | (See Instructions) (b) |_| - -------------------------------------------------------------------------------- 3 | SEC Use Only | - -------------------------------------------------------------------------------- 4 | Source of Funds OO | (See Instructions) - -------------------------------------------------------------------------------- 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 | | 0 shares 0% Number of |----------------------------------------------------------- Shares | 8 | Shared Voting Power Beneficially | | 3,072,951 shares 16.8% Owned By |----------------------------------------------------------- Each | 9 | Sole Dispositive Power Reporting | | 0 shares 0% Person |----------------------------------------------------------- With | 10 | Shared Dispositive Power | | 1,032,951 shares 11.0% - -------------------------------------------------------------------------------- 11 | Aggregate Amount Beneficially Owned By Each Reporting Person | 1,032,951 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) | 11.0% | - -------------------------------------------------------------------------------- 14 | Type of Reporting Person (See Instructions) | IN ================================================================================ 10 of 36 CUSIP No. 293636106 13D ================================================================================ 1 | Name of Reporting Person | S.S. or I.R.S. Identification No. of Above Person | Harvey Sandler | - -------------------------------------------------------------------------------- 2 | Check the Appropriate Box if a Member of a Group (a) |_| | (See Instructions) (b) |_| - -------------------------------------------------------------------------------- 3 | SEC Use Only | - -------------------------------------------------------------------------------- 4 | Source of Funds OO | (See Instructions) - -------------------------------------------------------------------------------- 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 | | 0 shares 0% Number of |----------------------------------------------------------- Shares | 8 | Shared Voting Power Beneficially | | 3,072,951 shares 16.8% Owned By |----------------------------------------------------------- Each | 9 | Sole Dispositive Power Reporting | | 0 shares 0% Person |----------------------------------------------------------- With | 10 | Shared Dispositive Power | | 1,032,951 shares 11.0% - -------------------------------------------------------------------------------- 11 | Aggregate Amount Beneficially Owned By Each Reporting Person | 1,032,951 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) | 11.0% | - -------------------------------------------------------------------------------- 14 | Type of Reporting Person (See Instructions) | IN ================================================================================ 11 of 36 CUSIP No. 293636106 13D ================================================================================ 1 | Name of Reporting Person | S.S. or I.R.S. Identification No. of Above Person | Andrew Sandler | - -------------------------------------------------------------------------------- 2 | Check the Appropriate Box if a Member of a Group (a) |_| | (See Instructions) (b) |_| - -------------------------------------------------------------------------------- 3 | SEC Use Only | - -------------------------------------------------------------------------------- 4 | Source of Funds OO | (See Instructions) - -------------------------------------------------------------------------------- 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 | | 0 shares 0% Number of |----------------------------------------------------------- Shares | 8 | Shared Voting Power Beneficially | | 3,072,951 shares 16.8% Owned By |----------------------------------------------------------- Each | 9 | Sole Dispositive Power Reporting | | 0 shares 0% Person |----------------------------------------------------------- With | 10 | Shared Dispositive Power | | 1,032,951 shares 11.0% - -------------------------------------------------------------------------------- 11 | Aggregate Amount Beneficially Owned By Each Reporting Person | 1,032,951 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) | 11.0% | - -------------------------------------------------------------------------------- 14 | Type of Reporting Person (See Instructions) | IN ================================================================================ 12 of 36 CUSIP No. 293636106 13D ================================================================================ 1 | Name of Reporting Person | S.S. or I.R.S. Identification No. of Above Person | Barry Fingerhut | - -------------------------------------------------------------------------------- 2 | Check the Appropriate Box if a Member of a Group (a) |_| | (See Instructions) (b) |_| - -------------------------------------------------------------------------------- 3 | SEC Use Only | - -------------------------------------------------------------------------------- 4 | Source of Funds WC,OO | (See Instructions) - -------------------------------------------------------------------------------- 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 | | 1,000 shares 0.01% Number of |----------------------------------------------------------- Shares | 8 | Shared Voting Power Beneficially | | 7,316,684 shares 40.0% Owned By |----------------------------------------------------------- Each | 9 | Sole Dispositive Power Reporting | | 1,000 shares 0.01% Person |----------------------------------------------------------- With | 10 | Shared Dispositive Power | | 1,736,684 shares 18.4% - -------------------------------------------------------------------------------- 11 | Aggregate Amount Beneficially Owned By Each Reporting Person | 1,737,684 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) | 18.5% | - -------------------------------------------------------------------------------- 14 | Type of Reporting Person (See Instructions) | IN ================================================================================ 13 of 36 CUSIP No. 293636106 13D ================================================================================ 1 | Name of Reporting Person | S.S. or I.R.S. Identification No. of Above Person | Irwin Leiber | - -------------------------------------------------------------------------------- 2 | Check the Appropriate Box if a Member of a Group (a) |_| | (See Instructions) (b) |_| - -------------------------------------------------------------------------------- 3 | SEC Use Only | - -------------------------------------------------------------------------------- 4 | Source of Funds WC,OO | (See Instructions) - -------------------------------------------------------------------------------- 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 | | 23,000 shares 0.1% Number of |----------------------------------------------------------- Shares | 8 | Shared Voting Power Beneficially | | 7,316,684 shares 40.0% Owned By |----------------------------------------------------------- Each | 9 | Sole Dispositive Power Reporting | | 23,000 shares 0.2% Person |----------------------------------------------------------- With | 10 | Shared Dispositive Power | | 1,736,684 shares 18.4% - -------------------------------------------------------------------------------- 11 | Aggregate Amount Beneficially Owned By Each Reporting Person | 1,759,684 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) | 18.7% | - -------------------------------------------------------------------------------- 14 | Type of Reporting Person (See Instructions) | IN ================================================================================ 14 of 36 CUSIP No. 293636106 13D ================================================================================ 1 | Name of Reporting Person | S.S. or I.R.S. Identification No. of Above Person | Woodland Partners | - -------------------------------------------------------------------------------- 2 | Check the Appropriate Box if a Member of a Group (a) |_| | (See Instructions) (b) |_| - -------------------------------------------------------------------------------- 3 | SEC Use Only | - -------------------------------------------------------------------------------- 4 | Source of Funds WC,OO | (See Instructions) - -------------------------------------------------------------------------------- 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 | | 448,914 shares 2.5% Number of |----------------------------------------------------------- Shares | 8 | Shared Voting Power Beneficially | | 1,193,288 shares 6.5% Owned By |----------------------------------------------------------- Each | 9 | Sole Dispositive Power Reporting | | 35,714 shares 0.4% Person |----------------------------------------------------------- With | 10 | Shared Dispositive Power | | 785,288 shares 8.2% - -------------------------------------------------------------------------------- 11 | Aggregate Amount Beneficially Owned By Each Reporting Person | 821,002 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) | 8.6% | - -------------------------------------------------------------------------------- 14 | Type of Reporting Person (See Instructions) | PN ================================================================================ 15 of 36 CUSIP No. 293636106 13D ================================================================================ 1 | Name of Reporting Person | S.S. or I.R.S. Identification No. of Above Person | Applewood Associates, L.P. | - -------------------------------------------------------------------------------- 2 | Check the Appropriate Box if a Member of a Group (a) |_| | (See Instructions) (b) |_| - -------------------------------------------------------------------------------- 3 | SEC Use Only | - -------------------------------------------------------------------------------- 4 | Source of Funds WC,OO | (See Instructions) - -------------------------------------------------------------------------------- 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 | | 4,243,733 shares 23.2% Number of |----------------------------------------------------------- Shares | 8 | Shared Voting Power Beneficially | | 0 shares 0% Owned By |----------------------------------------------------------- Each | 9 | Sole Dispositive Power Reporting | | 703,733 shares 7.5% Person |----------------------------------------------------------- With | 10 | Shared Dispositive Power | | 0 shares 0% - -------------------------------------------------------------------------------- 11 | Aggregate Amount Beneficially Owned By Each Reporting Person | 703,733 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) | 7.5% | - -------------------------------------------------------------------------------- 14 | Type of Reporting Person (See Instructions) | PN ================================================================================ 16 of 36 CUSIP No. 293636106 13D ================================================================================ 1 | Name of Reporting Person | S.S. or I.R.S. Identification No. of Above Person | Applewood Capital Corp. | - -------------------------------------------------------------------------------- 2 | Check the Appropriate Box if a Member of a Group (a) |_| | (See Instructions) (b) |_| - -------------------------------------------------------------------------------- 3 | SEC Use Only | - -------------------------------------------------------------------------------- 4 | Source of Funds OO | (See Instructions) - -------------------------------------------------------------------------------- 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 | | 0 shares 0% Number of |----------------------------------------------------------- Shares | 8 | Shared Voting Power Beneficially | | 4,243,733 shares 23.2% Owned By |----------------------------------------------------------- Each | 9 | Sole Dispositive Power Reporting | | 0 shares 0% Person |----------------------------------------------------------- With | 10 | Shared Dispositive Power | | 703,733 shares 7.5% - -------------------------------------------------------------------------------- 11 | Aggregate Amount Beneficially Owned By Each Reporting Person | 703,733 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) | 7.5% | - -------------------------------------------------------------------------------- 14 | Type of Reporting Person (See Instructions) | CO ================================================================================ 17 of 36 CUSIP No. 293636106 13D ================================================================================ 1 | Name of Reporting Person | S.S. or I.R.S. Identification No. of Above Person | Seth Leiber | - -------------------------------------------------------------------------------- 2 | Check the Appropriate Box if a Member of a Group (a) |_| | (See Instructions) (b) |_| - -------------------------------------------------------------------------------- 3 | SEC Use Only | - -------------------------------------------------------------------------------- 4 | Source of Funds OO | (See Instructions) - -------------------------------------------------------------------------------- 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 | | 0 shares 0% Number of |----------------------------------------------------------- Shares | 8 | Shared Voting Power Beneficially | | 4,243,733 shares 23.2% Owned By |----------------------------------------------------------- Each | 9 | Sole Dispositive Power Reporting | | 0 shares 0% Person |----------------------------------------------------------- With | 10 | Shared Dispositive Power | | 703,733 shares 7.5% - -------------------------------------------------------------------------------- 11 | Aggregate Amount Beneficially Owned By Each Reporting Person | 703,733 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) | 7.5% | - -------------------------------------------------------------------------------- 14 | Type of Reporting Person (See Instructions) | IN ================================================================================ 18 of 36 CUSIP No. 293636106 13D ================================================================================ 1 | Name of Reporting Person | S.S. or I.R.S. Identification No. of Above Person | Jonathan Leiber | - -------------------------------------------------------------------------------- 2 | Check the Appropriate Box if a Member of a Group (a) |_| | (See Instructions) (b) |_| - -------------------------------------------------------------------------------- 3 | SEC Use Only | - -------------------------------------------------------------------------------- 4 | Source of Funds OO | (See Instructions) - -------------------------------------------------------------------------------- 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 | | 0 shares 0% Number of |----------------------------------------------------------- Shares | 8 | Shared Voting Power Beneficially | | 4,243,733 shares 23.2% Owned By |----------------------------------------------------------- Each | 9 | Sole Dispositive Power Reporting | | 0 shares 0% Person |----------------------------------------------------------- With | 10 | Shared Dispositive Power | | 703,733 shares 7.5% - -------------------------------------------------------------------------------- 11 | Aggregate Amount Beneficially Owned By Each Reporting Person | 703,733 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) | 7.5% | - -------------------------------------------------------------------------------- 14 | Type of Reporting Person (See Instructions) | IN ================================================================================ 19 of 36 CUSIP No. 293636106 13D ================================================================================ 1 | Name of Reporting Person | S.S. or I.R.S. Identification No. of Above Person | Marilyn Rubenstein | - -------------------------------------------------------------------------------- 2 | Check the Appropriate Box if a Member of a Group (a) |_| | (See Instructions) (b) |_| - -------------------------------------------------------------------------------- 3 | SEC Use Only | - -------------------------------------------------------------------------------- 4 | Source of Funds OO | (See Instructions) - -------------------------------------------------------------------------------- 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 | | 0 shares 0% Number of |----------------------------------------------------------- Shares | 8 | Shared Voting Power Beneficially | | 1,642,202 shares 8.9% Owned By |----------------------------------------------------------- Each | 9 | Sole Dispositive Power Reporting | | 0 shares 0% Person |----------------------------------------------------------- With | 10 | Shared Dispositive Power | | 821,002 shares 8.6% - -------------------------------------------------------------------------------- 11 | Aggregate Amount Beneficially Owned By Each Reporting Person | 821,002 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) | 8.6% | - -------------------------------------------------------------------------------- 14 | Type of Reporting Person (See Instructions) | IN ================================================================================ 20 of 36 CUSIP No. 293636106 13D ================================================================================ 1 | Name of Reporting Person | S.S. or I.R.S. Identification No. of Above Person | The Marilyn and Barry Rubenstein Family Foundation | - -------------------------------------------------------------------------------- 2 | Check the Appropriate Box if a Member of a Group (a) |_| | (See Instructions) (b) |_| - -------------------------------------------------------------------------------- 3 | SEC Use Only | - -------------------------------------------------------------------------------- 4 | Source of Funds OO | (See Instructions) - -------------------------------------------------------------------------------- 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 | | 104,237 shares 0.6% Number of |----------------------------------------------------------- Shares | 8 | Shared Voting Power Beneficially | | 1,537,965 shares 8.3% Owned By |----------------------------------------------------------- Each | 9 | Sole Dispositive Power Reporting | | 104,237 shares 1.1% Person |----------------------------------------------------------- With | 10 | Shared Dispositive Power | | 716,765 shares 7.5% - -------------------------------------------------------------------------------- 11 | Aggregate Amount Beneficially Owned By Each Reporting Person | 821,002 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) | 8.6% | - -------------------------------------------------------------------------------- 14 | Type of Reporting Person (See Instructions) | OO ================================================================================ 21 of 36 CUSIP No. 293636106 13D ================================================================================ 1 | Name of Reporting Person | S.S. or I.R.S. Identification No. of Above Person | Brian Rubenstein | - -------------------------------------------------------------------------------- 2 | Check the Appropriate Box if a Member of a Group (a) |_| | (See Instructions) (b) |_| - -------------------------------------------------------------------------------- 3 | SEC Use Only | - -------------------------------------------------------------------------------- 4 | Source of Funds OO | (See Instructions) - -------------------------------------------------------------------------------- 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 | | 0 shares 0% Number of |----------------------------------------------------------- Shares | 8 | Shared Voting Power Beneficially | | 104,237 shares 0.6% Owned By |----------------------------------------------------------- Each | 9 | Sole Dispositive Power Reporting | | 0 shares 0% Person |----------------------------------------------------------- With | 10 | Shared Dispositive Power | | 104,237 shares 1.1% - -------------------------------------------------------------------------------- 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) | 1.1% | - -------------------------------------------------------------------------------- 14 | Type of Reporting Person (See Instructions) | IN ================================================================================ 22 of 36 CUSIP No. 293636106 13D ================================================================================ 1 | Name of Reporting Person | S.S. or I.R.S. Identification No. of Above Person | Rebecca Rubenstein | - -------------------------------------------------------------------------------- 2 | Check the Appropriate Box if a Member of a Group (a) |_| | (See Instructions) (b) |_| - -------------------------------------------------------------------------------- 3 | SEC Use Only | - -------------------------------------------------------------------------------- 4 | Source of Funds OO | (See Instructions) - -------------------------------------------------------------------------------- 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 | | 0 shares 0% Number of |----------------------------------------------------------- Shares | 8 | Shared Voting Power Beneficially | | 104,237 shares 0.6% Owned By |----------------------------------------------------------- Each | 9 | Sole Dispositive Power Reporting | | 0 shares 0% Person |----------------------------------------------------------- With | 10 | Shared Dispositive Power | | 104,237 shares 1.1% - -------------------------------------------------------------------------------- 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) | 1.1% | - -------------------------------------------------------------------------------- 14 | Type of Reporting Person (See Instructions) | IN ================================================================================ 23 of 36 This statement, dated February 19, 1998, constitutes Amendment No. 6 to the Schedule 13D, dated September 11, 1995, regarding the reporting persons ownership of certain securities of Enteractive, 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. 6 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 1. Security and Issuer a) Class B Convertible Preferred Stock, $.01 par value (the "Class B Preferred Stock"). The holders of the Class B Preferred Stock shall be entitled to convert anytime after March 1, 1999 each share of Class B Preferred Stock into a whole number of shares of Common Stock equal to the aggregate Stated Value of the Class B Preferred Stock to be converted divided by $1.00. Each share of Class B Preferred Stock has a Stated Value equal to $1,000. For purposes of calculating the number of voting rights for the Class A Convertible Preferred Stock (the "Preferred Stock"), the Stated Value of the Preferred Stock was divided by $1.225, or 50% of the average closing sale price for the Common Stock for the last ten trading days in the fiscal quarter prior to December 1, 1997. For purposes of calculating the number of voting rights for the Class B Preferred Stock, the Stated Value of the Preferred Stock was divided by $1.00. b) Enteractive, Inc. 25 West 45th Street Suite 306 New York, New York 10036 ITEM 3. Source and Amount of Funds or Other Consideration On February 19, 1998, Applewood Associates, L.P. and Woodland Partners acquired 1,500 and 250 shares of Class B Preferred Stock, respectively, in a private placement. The source of funds for the acquisition of the Class B Preferred Stock was the general working capital of Applewood Associates, L.P. and Woodland Partners. 24 of 36 The amount of cash used in acquiring the shares of Class B Preferred Stock is set forth below: Purchase Price -------------- Applewood Associates, L.P. $1,500,000 Woodland Partners 250,000 ITEM 5. Interests in Securities of the Issuer. a) The following list sets forth the aggregate number and percentage (based on 9,416,876 shares of Common Stock, which includes 8,019,555 shares of Common Stock outstanding as reported in the Issuer's Form 10-Q for the quarter ended November 30, 1997 and 1,397,321 shares of Common Stock issued pursuant to the Exchange Offer) of outstanding shares of Common Stock owned beneficially by each reporting person named in Item 2, as of February 19, 1998: Percentage Shares of of Shares Common Stock Percent of of Common Stock Beneficially Voting Beneficially Name Owned(1) Control(2) Owned ---- ------------ ---------- --------------- Barry Rubenstein 2,957,686(3,4,5,6) 49.7% 29.6% Woodland Venture Fund 821,002(3) 8.9% 8.6% Seneca Ventures 821,002(3) 8.9% 8.6% Woodland Services Corp. 821,002(3) 8.9% 8.6% 21st Century 1,032,951(3,7) 16.8% 11.0% Communications Partners, L.P. 21st Century 1,032,951(3,8) 16.8% 11.0% Communications T-E Partners, L.P. - -------- (3) The reporting person disclaims beneficial ownership of these securities, except to the extent of his/her/its equity interest therein. (4) Includes 400,000 shares of Common Stock issuable upon the exercise of the Revwood Warrant. (5) Includes 703,733 shares of Common Stock owned by Applewood. (6) Includes 1,032,951 shares of Common Stock owned by 21st Century, T-E and Foreign. (7) 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. (8) 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. 25 of 36 Shares of Common Stock Percent of Percentage of Shares Beneficially Voting of Common Stock Name Owned(1) Control(2) Beneficially Owned ---- ------------ ---------- -------------------- 21st Century 1,032,951(3,9) 16.8% 11.0% Communications Foreign Partners, L.P. Michael Marocco 1,032,951(3,6) 16.8% 11.0% John Kornreich 1,032,951(3,6) 16.8% 11.0% Harvey Sandler 1,032,951(3,6) 16.8% 11.0% Andrew Sandler 1,032,951(3,6) 16.8% 11.0% Barry Fingerhut 1,737,684(3,5,6) 40.1% 18.5% Irwin Lieber 1,759,684(3,5,6) 40.1% 18.7% Woodland Partners 821,002(3) 8.9% 8.6% Applewood Associates, 703,733(5) 23.2% 7.5% L.P Applewood Capital Corp. 703,733(3,5) 23.2% 7.5% Seth Lieber 703,733(3,5) 23.2% 7.5% Jonathan Lieber 703,733(3,5) 23.2% 7.5% Marilyn Rubenstein 821,002(3) 8.9% 8.6% The Marilyn and Barry 821,002(3) 8.9% 8.6% Rubenstein Family Foundation Brian Rubenstein 104,237(3) 0.6% 1.1% Rebecca Rubenstein 104,237(3) 0.6% 1.1% b) Barry Rubenstein has sole power to vote and dispose of 323,000 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 shares received upon the consummation of the exchange in October 1997, of Warrants for Common Stock), representing approximately 1.8% 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 Applewood, Seneca, the Fund, Woodland Partners and Revwood, Barry Rubenstein may be - ---------- (9) 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. 26 of 36 deemed to have shared power to vote 9,035,886 shares of Common Stock (including 4,651,200 voting rights from the Preferred Stock, 1,017,857 shares received upon the consummation of the Exchange Offer, 1,000 shares received upon the consummation of the exchange in October 1997, of Warrants for Common Stock, 400,000 shares issuable upon the exercise of the Revwood Warrant and 1,750,000 voting rights from the Class B Preferred Stock), representing approximately 48.4% of the outstanding Common Stock, and may be deemed to have shared power to dispose of 2,634,686 shares of Common Stock (including 1,017,857 shares received upon the consummation of the Exchange Offer, 1,000 shares received upon the consummation of the exchange in October 1997, of Warrants for Common Stock, and 400,000 shares issuable upon the exercise of the Revwood Warrant), representing approximately 26.8% of the outstanding Common Stock. The Fund has sole power to vote 459,215 shares of Common Stock, representing approximately 2.5% of the outstanding Common Stock (including 244,800 voting rights from the Preferred Stock and 53,571 shares received upon the consummation of the Exchange Offer), and may be deemed to have shared power to vote 1,182,987 shares of Common Stock (including 326,400 voting rights from the Preferred Stock, 71,428 shares received upon the consummation of the Exchange Offer, 125,000 shares issuable upon the exercise of the Non-Qualified Option, 50,000 shares issuable upon the exercise of the Option, 1,500 shares received upon the consummation of the exchange in October 1997, of Warrants for Common Stock and 250,000 voting rights from the Class B Preferred Stock), representing approximately 6.4% of the outstanding Common Stock. The Fund has the sole power to dispose of 214,415 shares of Common Stock (including 53,571 shares received upon the consummation of the Exchange Offer), representing approximately 2.3% of the outstanding Common Stock, and shared power to dispose of 606,587 shares of Common Stock (including 71,428 shares received upon the consummation of the Exchange Offer, 125,000 shares issuable upon the exercise of the Non-Qualified Option, 50,000 shares issuable upon the exercise of the Option and 1,500 shares received upon the consummation of the exchange in October 1997, of Warrants for Common Stock), representing approximately 6.3% of the outstanding Common Stock. Seneca has sole power to vote 306,836 shares of Common Stock, representing approximately 1.7% of the outstanding Common Stock (including 163,200 voting rights from the Preferred Stock and 35,714 shares received upon the consummation of the Exchange Offer), and may be deemed to have shared power to vote 1,335,366 shares of Common Stock (including 408,000 voting rights from the Preferred Stock, 89,285 share received upon the consummation of the Exchange Offer, 125,000 shares issuable upon the exercise of the Non-Qualified Option, 50,000 shares issuable upon the exercise of the Option, 1,500 share received upon the consummation of the exchange in October 1997, of Warrants for Common Stock and 250,000 voting rights from the Class B Preferred Stock), representing approximately 7.2% of the outstanding Common Stock. Seneca has the sole power to dispose of 143,636 shares of Common Stock (including 35,714 shares received upon the consummation of the Exchange Offer), representing approximately 1.5% of the outstanding Common Stock, and shared power to dispose of 677,366 shares of Common Stock (including 89,285 shares received upon the consummation of the Exchange Offer, 125,000 shares issuable upon the exercise of the Non-Qualified Option, 50,000 shares issuable upon the exercise of the Option and 27 of 36 1,500 shares received upon the consummation of the exchange in October 1997, of Warrants for Common Stock), representing approximately 7.1% of the outstanding Common Stock. Woodland Services Corp. has shared power to vote 1,642,202 shares of Common Stock (including 571,200 voting rights from the Preferred Stock, 124,999 shares received upon the consummation of the Exchange Offer, 125,000 shares issuable upon the exercise of the Non- Qualified Option, 50,000 shares issuable upon the exercise of the Option, 1,500 shares received upon the consummation of the exchange in October 1997, of Warrants for Common Stock and 250,000 voting rights from the Class B Preferred Stock), representing approximately 8.9% of the outstanding Common Stock, and may be deemed to have shared power to dispose of 821,002 shares of Common Stock (including 124,999 shares received upon the consummation of the Exchange Offer, 125,000 shares issuable upon the exercise of the Non-Qualified Option, 50,000 shares issuable upon the exercise of the Option and 1,500 shares received upon the consummation of the exchange in October 1997, of Warrants for Common Stock), representing approximately 8.6% of the outstanding Common Stock. 21st Century has sole power to vote 2,084,289 shares of Common Stock (including 1,383,120 voting rights from the Preferred Stock and 302,679 shares received upon the consummation of the Exchange Offer), representing approximately 11.4% of the outstanding Common Stock. 21st Century has sole power to dispose of 701,169 shares of Common Stock (including 302,679 shares received upon the consummation of the Exchange Offer), representing approximately 7.4% of the outstanding shares of Common Stock. 21st Century may be deemed to have shared power to vote 988,662 shares of Common Stock (including 656,880 voting rights from the Preferred Stock, and 143,750 shares received upon the consummation of the Exchange Offer), representing approximately 5.4% of the outstanding Common Stock, and may be deemed to have shared power to dispose of 331,782 shares of Common Stock (including 143,750 shares received upon the consummation of the Exchange Offer), representing approximately 3.5% of the outstanding Common Stock. T-E has sole power to vote 713,004 shares of Common Stock (including 470,832 voting rights from the Preferred Stock and 103,036 shares received upon the consummation of the Exchange Offer), representing approximately 3.9% of the outstanding Common Stock, and may be deemed to have shared power to vote 2,359,947 shares of Common Stock (including 1,569,168 voting rights from the Preferred Stock, and 343,393 shares received upon the consummation of the Exchange Offer), representing approximately 12.9% of the outstanding Common Stock. T-E has sole power to dispose of 242,172 shares of Common Stock (including 103,036 shares received upon the consummation of the Exchange Offer), representing approximately 2.6% of the outstanding Common Stock, and may be deemed to have shared power to dispose of 790,779 shares of Common Stock (including 343,393 shares received upon the consummation of the Exchange Offer), representing approximately 8.4% of the outstanding Common Stock. Foreign has sole power to vote 275,658 shares of Common Stock (including 186,048 voting rights from the Preferred Stock and 40,714 shares received upon the consummation of the Exchange Offer), representing approximately 1.5% of the outstanding Common Stock. Foreign may be deemed 28 of 36 to have shared power to vote 2,797,293 shares of Common Stock (including 1,853,952 voting rights from the Preferred Stock and 405,715 shares received upon the consummation of the Exchange Offer), representing approximately 15.3% of the outstanding Common Stock. Foreign has sole power to dispose of 89,610 shares of Common Stock (including 40,714 shares received upon the consummation of the Exchange Offer), representing approximately 1.0% of the outstanding Common Stock, and may be deemed to have shared power to dispose of 943,341 shares of Common Stock (including 405,715 shares received upon the consummation of the Exchange Offer), representing approximately 10.0% of the outstanding Common Stock. By virtue of being the sole shareholder, officer and director of MJDM Corp., Michael J. Marocco may be deemed to have shared power to vote 3,072,951 shares of Common Stock, representing approximately 16.8% of the outstanding Common Stock (including 2,040,000 voting rights from the Preferred Stock and 446,429 shares received upon the consummation of the Exchange Offer), and may be deemed to have shared power to dispose of 1,032,951 shares of Common Stock (including 446,429 shares received upon the consummation of the Exchange Offer), representing approximately 11.0% 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 3,072,951 shares of Common Stock, representing approximately 16.8% of the outstanding Common Stock (including 2,040,000 voting rights from the Preferred Stock and 446,429 shares received upon the consummation of the Exchange Offer), and may be deemed to have shared power to dispose of 1,032,951 shares of Common Stock (including 446,429 shares received upon the consummation of the Exchange Offer), representing approximately 11.0% 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 3,072,951 shares of Common Stock, representing approximately 16.8% of the outstanding Common Stock (including 2,040,000 voting rights from the Preferred Stock and 446,429 shares received upon the consummation of the Exchange Offer), and may be deemed to have shared power to dispose of 1,032,951 shares of Common Stock (including 446,429 shares received upon the consummation of the Exchange Offer), representing approximately 11.0% of the outstanding Common Stock. By virtue of being a manager and majority member of ALSI, LLC, Andrew Sandler may be deemed to have shared power to vote 3,072,951 shares of Common Stock, representing approximately 16.8% of the outstanding Common Stock (including 2,040,000 voting rights from the Preferred Stock and 446,429 shares received upon consummation of the Exchange Offer), and may be deemed to have shared power to dispose of 1,032,951 shares of Common Stock (including 446,429 shares received upon consummation of the Exchange Offer), representing approximately 11.0% of the outstanding Common Stock. Barry Fingerhut has sole power to vote and dispose of 1,000 shares of Common Stock (received upon the consummation of the exchange in October 1997, of Warrants for Common Stock), representing approximately 0.01% and 0.01%, respectively of the outstanding Common 29 of 36 Stock. By virtue of being a shareholder, officer and director of InfoMedia and a general partner of Applewood, Barry Fingerhut may be deemed to have shared power to vote 7,316,684 shares of Common Stock (including 4,080,000 voting rights from the Preferred Stock, 892,858 shares received upon consummation of the Exchange Offer and 1,500,000 voting rights from the Class B Preferred Stock), representing approximately 40.0% of the outstanding Common Stock, and may be deemed to have shared power to dispose of 1,736,684 shares of Common Stock (including 892,858 shares received upon consummation of the Exchange Offer), representing approximately 18.4% of the outstanding Common Stock. Irwin Lieber has sole power to vote and dispose of 23,000 shares of Common Stock (including 1,000 shares received upon consummation of the Exchange Offer and 17,000 shares issuable upon the exercise of the warrants), representing approximately 0.1% and 0.2%, respectively of the outstanding Common Stock. By virtue of being a shareholder, officer and director of InfoMedia and a general partner of Applewood, Irwin Lieber may be deemed to have shared power to vote 7,316,684 shares of Common Stock (including 4,080,000 voting rights from the Preferred Stock, 892,858 shares received upon consummation of the Exchange Offer and 1,500,000 voting rights from the Class B Preferred Stock), representing approximately 40.0% of the outstanding Common Stock, and may be deemed to have shared power to dispose of 1,736,684 shares of Common Stock (including 892,858 shares received upon consummation of the Exchange Offer), representing approximately 18.4% of the outstanding Common Stock. Applewood has sole power to vote 4,243,733 shares of Common Stock (including 2,040,000 voting rights from the Preferred Stock, 446,429 shares received upon consummation of the Exchange Offer and 1,500,000 voting rights from the Class B Preferred Stock), representing approximately 23.2% of the outstanding Common Stock, and has sole power to dispose of 703,733 shares of Common Stock (including 446,429 shares received upon consummation of the Exchange Offer), representing approximately 7.5% of the outstanding Common Stock. AC Corp. may be deemed to have shared power to vote 4,243,733 shares of Common Stock (including 2,040,000 voting rights from the Preferred Stock, 446,429 shares received upon consummation of the Exchange Offer and 1,500,000 voting rights from the Class B Preferred Stock), representing approximately 23.2% of the outstanding Common Stock, and may be deemed to have shared power to dispose of 703,733 shares of Common Stock (including 446,429 shares received upon consummation of the Exchange Offer), representing approximately 7.5% of the outstanding Common Stock. By virtue of being an officer of AC Corp., Seth Lieber may be deemed to have shared power to vote 4,243,733 shares of Common Stock (including 2,040,000 voting rights from the Preferred Stock, 446,429 shares received upon consummation of the Exchange Offer and 1,500,000 voting rights from the Class B Preferred Stock), representing approximately 23.2% of the outstanding Common Stock, and may be deemed to have shared power to dispose of 703,733 shares of Common Stock (including 446,429 shares received upon consummation of the Exchange Offer), representing approximately 7.5% of the outstanding Common Stock. 30 of 36 By virtue of being an officer of AC Corp., Jonathan Lieber may be deemed to have shared power to vote 4,243,733 shares of Common Stock (including 2,040,000 voting rights from the Preferred Stock, 446,429 shares received upon consummation of the Exchange Offer and 1,500,000 voting rights from the Class B Preferred Stock), representing approximately 23.2% of the outstanding Common Stock, and may be deemed to have shared power to dispose of 703,733 shares of Common Stock (including 446,429 shares received upon consummation of the Exchange Offer), representing approximately 7.5% of the outstanding Common Stock. Woodland Partners has sole power to vote 448,914 shares of Common Stock, representing approximately 2.5% of the outstanding Common Stock (including 163,200 voting rights from the Preferred Stock, 35,714 shares received upon consummation of the Exchange Offer and 250,000 voting rights from the Class B Preferred Stock), and may be deemed to have shared power to vote 1,193,288 shares of Common Stock (including 408,000 voting rights from the Preferred Stock, 89,285 shares received upon consummation of the Exchange Offer, 125,000 shares issuable upon the exercise of the Non-Qualified Option, 50,000 shares issuable upon the exercise of the Option and 1,500 shares received upon the consummation of the exchange in October 1997, of Warrants for Common Stock), representing approximately 6.5% of the outstanding Common Stock. Woodland Partners has sole power to dispose of 35,714 shares of Common Stock (representing 35,714 shares received upon consummation of the Exchange Offer), representing approximately 0.4% of the outstanding Common Stock, and may be deemed to have shared power to dispose of 785,288 shares of Common Stock (including 89,285 shares received upon consummation of the Exchange Offer, 125,000 shares issuable upon the exercise of the Non-Qualified Option, 50,000 shares issuable upon the exercise of the Option and 1,500 shares received upon the consummation of the exchange in October 1997, of Warrants for Common Stock), representing approximately 8.2% of the outstanding Common Stock. By virtue of being a general partner of Woodland Partners, a Trustee of the Foundation, and the wife of Barry Rubenstein, Marilyn Rubenstein may be deemed to have shared power to vote 1,642,202 shares of Common stock (including 571,200 voting rights from the Preferred Stock, 124,999 shares received upon consummation of the Exchange Offer, 125,000 shares issuable upon the exercise of the Non-Qualified Option, 50,000 shares issuable upon the exercise of the Option, 1,500 shares received upon the consummation of the exchange in October 1997, of Warrants for Common Stock and 250,000 voting rights from the Class B Preferred Stock), representing approximately 8.9% of the outstanding Common Stock, and may be deemed to have shared power to dispose of 821,002 shares of Common Stock (including 124,999 shares received upon consummation of the Exchange Offer, 125,000 shares issuable upon the exercise of the Non- Qualified Option, 50,000 shares issuable upon the exercise of the Option and 1,500 shares received upon the consummation of the exchange in October 1997, of Warrants for Common Stock), representing approximately 8.6% of the outstanding Common Stock. The Foundation has sole power to vote 104,237 shares of Common Stock (including 1,000 shares received upon consummation of the Exchange Offer), representing approximately 0.6% of the outstanding Common Stock, and may be deemed to have shared power to vote 1,537,965 shares of Common Stock (including 571,200 voting rights from the Preferred Stock, 124,999 shares 31 of 36 received upon consummation of the Exchange Offer, 125,000 shares issuable upon the exercise of the Non-Qualified Option, 50,000 shares issuable upon the exercise of the Option, 500 shares received upon consummation of the Exchange Offer and 250,000 voting rights from the Class B Preferred Stock), representing approximately 8.3% of the outstanding Common Stock. The Foundation has sole power to dispose of 104,237 shares of Common Stock (including 1,000 shares received upon consummation of the Exchange Offer), representing approximately 1.1% of the outstanding Common Stock, and may be deemed to have shared power to dispose of 716,765 shares of Common Stock (including 124,999 shares received upon consummation of the Exchange Offer, 125,000 shares issuable upon the exercise of the Non-Qualified Option, 50,000 shares issuable upon the exercise of the Option and 500 shares received upon consummation of the Exchange Offer), representing approximately 7.5% 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 (including 1,000 shares received upon consummation of the Exchange Offer), representing approximately 0.6% of the outstanding shares of Common Stock, and may be deemed to have shared power to dispose of 104,237 shares of Common Stock (including 1,000 shares received upon consummation of the Exchange Offer), representing approximately 1.1% 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 (including 1,000 shares received upon consummation of the Exchange Offer), representing approximately 0.6% of the outstanding shares of Common Stock, and may be deemed to have shared power to dispose of 104,237 shares of Common Stock (including 1,000 shares received upon consummation of the Exchange Offer), representing approximately 1.1% of the outstanding Common Stock. (c) The following is a description of all transactions in shares of Class B Preferred Stock of the Issuer by the persons identified in Item 2 of this Schedule 13D effected from February 7, 1998 through February 19, 1998, inclusive: Purchase Number of Shares of or Sale Class B Preferred Stock Purchase or Name of Shareholder Date Purchased or (Sold) Sale Price - ------------------- -------- ----------------------- ------------ Applewood Associates, L.P. 2/19/98 1,500 $1000 Woodland Partners 2/19/98 250 $1000 (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. 32 of 36 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: February 27, 1998 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/ Barry Rubenstein -------------------------- Barry Rubenstein, President 33 of 36 /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 34 of 36 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: 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: 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: Treasurer 35 of 36 /s/ Michael J. Marocco -------------------------------------- Michael J. Marocco /s/ John Kornreich -------------------------------------- John Kornreich /s/ Harvey Sandler -------------------------------------- Harvey Sandler /s/ Andrew Sandler -------------------------------------- Andrew Sandler ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001). 36 of 36 -----END PRIVACY-ENHANCED MESSAGE-----