-----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, UYMS7kWXWk0Oup3QsGYUDRjAyFx1t2mBBS1xHKsCLADBciKkm8/bjWBqLCNZXg4L +E7HuNgoTuzPn8gpDL6S6g== 0000950120-98-000034.txt : 19980204 0000950120-98-000034.hdr.sgml : 19980204 ACCESSION NUMBER: 0000950120-98-000034 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980203 SROS: NONE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SYNAPTX WORLDWIDE INC CENTRAL INDEX KEY: 0001043933 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATION SERVICES, NEC [4899] IRS NUMBER: 870375342 STATE OF INCORPORATION: UT FILING VALUES: FORM TYPE: SC 13D SEC ACT: SEC FILE NUMBER: 005-52523 FILM NUMBER: 98520046 BUSINESS ADDRESS: STREET 1: 385 AIRPORT ROAD STREET 2: SUITE A CITY: ELGIN STATE: IL ZIP: 60123 BUSINESS PHONE: 8476220200 MAIL ADDRESS: STREET 1: 385 AIRPORT ROAD STREET 2: SUITE A CITY: ELGIN STATE: IL ZIP: 60123 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MAXWELL D MIKE CENTRAL INDEX KEY: 0001054284 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: C/O SYNAPTX WORLDWIDE INC STREET 2: 385 AIRBORT RD SUITE A CITY: ELGIN STATE: IL ZIP: 60121 BUSINESS PHONE: 8476220200 MAIL ADDRESS: STREET 1: C/O SYNAPTX WORLDWIDE INC STREET 2: 385 AIRBORT RD SUITE A CITY: ELGIN STATE: IL ZIP: 60121 SC 13D 1 SCHEDULE 13D - D. MIKE MAXWELL SECURITIES AND EXCHANGE COMMISSION WASHINGTON D.C. 20549 ___________________ SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. __)* SYNAPTX WORLDWIDE, INC. ----------------------- (Name of Issuer) COMMON STOCK, $.001 PAR VALUE ------------------------------ (Title of Class of Securities) 87156P 10 3 -------------- (CUSIP Number) D. MIKE MAXWELL ROUTE 3 BOX 561 N 1885 CLOVER ROAD LAKE GENEVA, WISCONSIN 53147 ----------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) JANUARY 14, 1998 ----------------------------------------------------------------- (Date of Event which Requires Filing of 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 box [ ]. 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. Page 1 of 5 Pages - - ____________________ *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 (THE "ACT") OR OTHERWISE SUBJECT TO THE LIABILITIES OF THAT SECTION OF THE ACT BUT SHALL BE SUBJECT TO ALL PROVISIONS OF THE ACT (HOWEVER, SEE THE NOTES). SCHEDULE 13D CUSIP NO. 87156P 10 3 PAGE 2 OF 5 PAGES ----------- --- --- -------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) D. Mike Maxwell -------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] -------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------- 4 SOURCE OF FUNDS* PF -------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E) [ ] -------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION USA -------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 561,667 shs. (including 95,569 shares SHARES underlying options and warrants) --------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY N/A --------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 561,667 shs. (including 95,569 shares underlying options and warrants) PERSON WITH --------------------------------------------------- 10 SHARED DISPOSITIVE POWER N/A -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 561,667 shs. (incl. 95,569 shs. underlying options and warrants) -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 10.6% -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN -------------------------------------------------------------------- ITEM 1. SECURITY AND ISSUER ------------------- The class of equity securities to which this initial filing relates is the common stock, $.001 par value per share (the "Common Stock"), of Synaptx Worldwide, Inc., a Utah corporation (the "Company"). The Company has its principal executive offices at 385 Airport Road, Elgin, Illinois 60123. ITEM 2. IDENTITY AND BACKGROUND ----------------------- (a) The person filing this statement D. Mike Maxwell. (b) Mr. Maxwell's address is Route 3 Box 561, N 1885 Clover Road, Lake Geneva, Wisconsin 53147. (c) Mr. Maxwell's principal occupation is as Executive Vice President of the Company. (d) During the last five years Mr. Maxwell has not been convicted in a criminal proceeding. (e) During the last five years Mr. Maxwell was not a party to any civil proceeding of a judicial or administrative body of competent jurisdiction. (f) Mr. Maxwell is a United States citizen. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION ------------------------------------------------- Personal funds were used in connection with the purchase of 466,098 shares of Common Stock noted in Item 4 below. ITEM 4. PURPOSE OF TRANSACTION ---------------------- Mr. Maxwell acquired 466,098 shares of Common Stock in the ordinary course of business and investment as a founder, promoter and controlling person of the Company. Of such 466,098 shares, 400,062 are held by Mr. Maxwell's wife and 66,036 are held by Mr. Maxwell's children and their spouses, as to which Mr. Maxwell disclaims any beneficial ownership. Mr. Maxwell holds immediately exercisable stock purchase options to acquire 7,337 shares of Common Stock at an average exercise price of $0.9995 per share and immediately exercisable stock warrants to acquire 82,544 shares of Common Stock at an average exercise price of $0.9086 per share. In addition, Mr. Maxwell's wife holds immediately exercisable stock purchase options to acquire 3,669 shares of Common Stock at an average exercise price of $0.9086 per share, and Mr. Maxwell's daughter-in-law holds immediately exercisable stock purchase options to acquire 2,019 shares of Common Stock at an average exercise price of $0.9086 per share. -3- Mr. Maxwell has no plans or proposals to engage in any transactions specified in paragraphs (a) through (j) of this Item; although he may consider one or more such transactions in the future depending upon factors then existing, such as the market for the Company' Common Stock and the Company's then prospects. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER ------------------------------------ (a) Mr. Maxwell is the direct beneficial owner of 561,667 shares of Common Stock, which amount includes 400,062 shares held by Mr. Maxwell's wife and 66,036 shares held by Mr. Maxwell's children and their spouses, as to which Mr. Maxwell disclaims any beneficial ownership, 7,337 shares underlying immediately exercisable stock purchase options at an average exercise price of $0.9995 per share, 82,544 shares underlying immediately exercisable stock warrants at an average exercise price of $0.9086 per share, 3,669 shares underlying immediately exercisable stock purchase options held by Mr. Maxwell's wife at an average exercise price of $0.9086 per share, and 2,019 shares underlying immediately exercisable stock purchase options held by Mr. Maxwell's daughter-in-law at an average exercise price of $0.9086 per share, representing 10.6% of the Common Stock outstanding. (b) Mr. Maxwell has sole voting power for the 561,667 shares of Common Stock listed in Item 5(a) and has sole dispositive power as to such 561,667 shares of Common Stock. (c) Not applicable. (d) Not applicable. (e) Not applicable. ITEM 6. CONTRACTS, ARRANGEMENTS AND UNDERSTANDINGS ------------------------------------------ Not applicable. ITEM 7. MATERIAL FILED AS EXHIBITS -------------------------- Not applicable. -4- SIGNATURE --------- After reasonable inquiry and to the best of my knowledge, I certify that the information set forth in the statement is true, complete and correct. Date: January 30, 1998 --- /s/ D. Mike Maxwell ---------------------------- D. Mike Maxwell -5- -----END PRIVACY-ENHANCED MESSAGE-----