-----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, PGrdfAdE4j1OUjKLjz0dq3AjKa4ylHCo1QY4qPSa6Q+9dX2GPe02T0zUUAZ2RaBt lSuX23eYjVqWAe4wnFEWRA== 0000912057-99-008972.txt : 19991213 0000912057-99-008972.hdr.sgml : 19991213 ACCESSION NUMBER: 0000912057-99-008972 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19991130 FILED AS OF DATE: 19991210 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CDBEAT COM INC CENTRAL INDEX KEY: 0001076682 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL- COMPUTER & PRERECORDED TAPE STORES [5735] IRS NUMBER: 061529524 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: SEC FILE NUMBER: 333-70663 FILM NUMBER: 99772599 BUSINESS ADDRESS: STREET 1: BEDFORD TOWERS STREET 2: 444 BEDFORD STREET SUITE 8 CITY: STAMFORD STATE: CT ZIP: 06901 BUSINESS PHONE: 2036029994 MAIL ADDRESS: STREET 1: BEDFORD TOWERS STREET 2: 444 BEDFORD STREET SUITE 8 CITY: STAMFORD STATE: CT ZIP: 06901 FORMER COMPANY: FORMER CONFORMED NAME: SMD GROUP INC DATE OF NAME CHANGE: 19990113 COMPANY DATA: COMPANY CONFORMED NAME: ATLANTIS EQUITIES INC CENTRAL INDEX KEY: 0001071293 STANDARD INDUSTRIAL CLASSIFICATION: [] OWNER IRS NUMBER: 113080809 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: 750 LEXINGTON AVE CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2127505858 MAIL ADDRESS: STREET 1: 750 LEXINGTON AVE CITY: NEW YORK STATE: NY ZIP: 10022 4 1 FORM 4 ------------------------------ OMB APPROVAL ------------------------------ OMB Number 3235-0287 Expires: September 30, 1998 Estimated average burden hours per response ....... 0.5 ------------------------------ U.S. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ----------- FORM 4 ----------- STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 [_] CHECK THIS BOX IF NO LONGER SUBJECT TO SECTION 16. FORM 4 OR FORM 5 OBLIGATIONS MAY CONTINUE. SEE INSTRUCTION 1(b). ________________________________________________________________________________ 1. Name and Address of Reporting Person* Atlantis Equities, Inc. - -------------------------------------------------------------------------------- (Last) (First) (Middle) 750 Lexington Avenue - -------------------------------------------------------------------------------- (Street) New York NY 10022 - -------------------------------------------------------------------------------- (City) (State) (Zip) ________________________________________________________________________________ 2. Issuer Name and Ticker or Trading Symbol CDbeat.com, Inc. (CDBT) ________________________________________________________________________________ 3. IRS or Social Security Number of Reporting Person (Voluntary) ________________________________________________________________________________ 4. Statement for Month/Year 11/99 ________________________________________________________________________________ 5. If Amendment Date of Original (Month/Year) ________________________________________________________________________________ 6. Relationship of Reporting Person to Issuer (Check all applicable) [_] Director [X] 10% Owner [_] Officer (give title below) [_] Other (specify below) ________________________________________________________________________________ 7. Individual or Joint/Group Filing (Check Applicable Line) [X] Form filed by One Reporting Person [_] Form filed by More than One Reporting Person ________________________________________________________________________________ ================================================================================ Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned ================================================================================
6. 4. 5. Owner- Securities Acquired (A) or Amount of ship 2. 3. Disposed of (D) Securities Form: 7. Transaction Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of Date Code ------------------------------- Owned at End (D) or Indirect 1. (Month/ (Instru. 8) (A) of Month Indirect Beneficial Title of Security Day/ ------------ Amount or Price (Instr. 3 (I) Ownership (Instr. 3) Year) Code V (D) and 4) (Instr.4) (Instr. 4) - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock, $.001 par value per 11/16/99 (P)(1) 781,909(1) (A)(1) $.0647(1) 781,909(1) D share ====================================================================================================================================
Remainder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Print or type Responses) (Over) SEC 1473 (7-96) FORM 4 (continued)
10. 9. Owner- Number ship of Form 2. Deriv- of Conver- 5. 7. ative Deriv- 11. sion Number of Title and Amount Secur- ative Nature or Derivative 6. of Underlying 8. ities Secur- of Exer- 4. Securities Date Securities Price Bene- ity; In- cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene- 1. of action Code of(D) (Month/Day/Year) Amount ative at End In- ficial Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner- Derivative ative (Month/ 8) 4, and 5) Date Expira- Number ity Month (I) ship Security Secur- Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr. (Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4) - ------------------------------------------------------------------------------------------------------------------------------------ Warrant $100,000 11/16/99 (X) (1) (i)Common (i) D (1) (1) Stock, 781,909 $.001 par Shares value per and share, (ii) and (ii) 762,064 Options Options to pur- (1) chase Common Stock, $.001 par value per share - ------------------------------------------------------------------------------------------------------------------------------------ Options (right to $2.50 11/16/99 (P) 762,064 11/16/99 12/31/00 (i)Common 762,064 $.0647 762,064(1) D buy) (1) (1) (1) Stock, (1) (1) $.001 par value per share ====================================================================================================================================
Explanation of Responses: (1) Pursuant to the Warrant Amendment Agreement dated November 16, 1999, and in connection with the closing of the transactions contemplated by that certain contribution agreement dated October 29, 1999, as amended November 16, 1999 (the "Closing"), Atlantis Equities, Inc. ("Atlantis") and CDbeat.com, Inc. amended the stock purchase warrant owned by Atlantis and dated September 23, 1999 (the "Atlantis Warrant"), dividing the Atlantis Warrant into two (2) separate warrants, one issued in the name of Atlantis and one issued in the name of an affiliate, Dylan, LLC ("Dylan"). Simultaneously with the Closing, Atlantis exercised its warrant for $100,000, receiving 762,064 options and 781,909 shares, and Dylan exercised its warrant for $900,000, receiving 7,037,183 shares. ATLANTIS EQUITIES, INC. /s/ Nancy Ellin 12/10/99 - --------------------------------------------- ----------------------- **Signature of Reporting Person Date Nancy Ellin on behalf of Atlantis Equities, Inc. **Intentional misstatements or omissions of facts constitute Federal Criminal Violations. SEE 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure. Page 2 of 2 SEC 1474(7-96) -----END PRIVACY-ENHANCED MESSAGE-----