-----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, DESM6/chuQctYUwpHcOL9HLLIyRH5IeUtGoqAKXO/9YPtu4pqZbiuWVUNUjchC7O rrb/X9pq8tH7fLLdCr3d3A== 0000950123-01-505221.txt : 20010810 0000950123-01-505221.hdr.sgml : 20010810 ACCESSION NUMBER: 0000950123-01-505221 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20010731 FILED AS OF DATE: 20010809 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ELOT INC CENTRAL INDEX KEY: 0000725282 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 860449210 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-11551 FILM NUMBER: 1701796 BUSINESS ADDRESS: STREET 1: 301 MERRITT 7 STREET 2: CORPORATE PARK 1ST FLOOR CITY: NORWALK STATE: CT ZIP: 06851 BUSINESS PHONE: 2038408600 MAIL ADDRESS: STREET 1: 301 MERRITT 7 STREET 2: CORPORATE PARK 1ST FLOOR CITY: NORWALK STATE: CT ZIP: 06851 FORMER COMPANY: FORMER CONFORMED NAME: EXECUTONE INFORMATION SYSTEMS INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: VODAVI TECHNOLOGY CORP DATE OF NAME CHANGE: 19880802 COMPANY DATA: COMPANY CONFORMED NAME: PLASMANET INC CENTRAL INDEX KEY: 0001094264 STANDARD INDUSTRIAL CLASSIFICATION: TEXTILE MILL PRODUCTS [2200] OWNER IRS NUMBER: 134037944 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: 420 LEXINGTON AVENUE STREET 2: SUITE 2435 CITY: NEW YORK STATE: NY ZIP: 10170 BUSINESS PHONE: 2129316760 MAIL ADDRESS: STREET 1: 420 LEXINGTON AVENUE STREET 2: SUITE 2435 CITY: NEW YORK STATE: NY ZIP: 10170 4 1 y52112ee4.txt ELOT, INC. 1 OMB APPROVAL -------------------------- OMB Number: 3235-0287 -------------------------- Expires: December 31, 2001 -------------------------- Estimated average burden hours per response...0.5 -------------------------- FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 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). (Print or Type Responses) ________________________________________________________________________________ 1. Name and Address of Reporting Person* PlasmaNet, Inc. - -------------------------------------------------------------------------------- (Last) (First) (Middle) 420 Lexington Ave. (Suite 2435) - -------------------------------------------------------------------------------- (Street) New York NY 10170 - -------------------------------------------------------------------------------- (City) (State) (Zip) ________________________________________________________________________________ 2. Issuer Name and Ticker or Trading Symbol ELOT, INC. (NASDAQ: ELOTC) - -------------------------------------------------------------------------------- ________________________________________________________________________________ 3. IRS or Social Security Number of Reporting Person, if an entity (Voluntary) 13-4037944 PlasmaNet, Inc. ________________________________________________________________________________ 4. Statement for Month/Year July, 2001 --------------------------------------------------------------------------- ________________________________________________________________________________ 5. If Amendment, Date of Original (Month/Year) ================================================================================ 6. Relationship of Reporting Person(s) 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 2
======================================================================================================== 1. Title of Security 2. Transaction Date 3. Transaction Code 4. Securities (Instr. 3) (Instr. 8) Acquired (A) or Disposed of (Month/Day/Year) (D) (Instr. 3, 4 and 5) ======================================================================================================== Code V Amount ======================================================================================================== Common 7/02/01 S 39,900 ======================================================================================================== Common 7/02/01 S 2,400 ======================================================================================================== Common 7/03/01 S 20,700 ======================================================================================================== Common 7/05/01 S 9,800 ======================================================================================================== Common 7/06/01 S 76,783 ======================================================================================================== Common 7/06/01 S 6,700 ======================================================================================================== Common 7/09/01 S 120,200 ======================================================================================================== Common 7/09/01 S 25,597 ======================================================================================================== Common 7/09/01 S 26,078 ======================================================================================================== Common 7/09/01 S 69,700 ======================================================================================================== Common 7/09/01 S 56,042 ======================================================================================================== Common 7/10/01 S 39,241 ======================================================================================================== Common 7/10/01 S 76,300 ======================================================================================================== Common 7/10/01 S 169,782 ======================================================================================================== Common 7/10/01 S 500 ======================================================================================================== Common 7/11/01 S 119,527 ======================================================================================================== ================================================================================================================================= 1. Title of Security 5. Amount of Securities 6. Ownership Form: 7. Nature of Indirect (Instr. 3) Beneficially Owned at End of Month Direct (D) Beneficial Ownership or Indirect (I) (Instr. 4) (Instr. 3 and 4) (Instr. 4) 10,902,075 SHARES OF COMMON AND 1 SHARE OF SERIES A PREFERRED ================================================================================================================================= (A) or (D) Price ================================================================================================================================= Common D 0.34 D ================================================================================================================================= Common D 0.36 D ================================================================================================================================= Common D 0.32 D ================================================================================================================================= Common D 0.32 D ================================================================================================================================= Common D 0.30 D ================================================================================================================================= Common D 0.31 D ================================================================================================================================= Common D 0.23 D ================================================================================================================================= Common D 0.24 D ================================================================================================================================= Common D 0.25 D ================================================================================================================================= Common D 0.26 D ================================================================================================================================= Common D 0.27 D ================================================================================================================================= Common D 0.21 D ================================================================================================================================= Common D 0.22 D ================================================================================================================================= Common D 0.24 D ================================================================================================================================= Common D 0.25 D ================================================================================================================================= Common D 0.21 D =================================================================================================================================
2 3
- ------------------------------------------------------------------------------------------------------------------------------------ Common 7/11/01 S 37,070 D 0.215 D - ------------------------------------------------------------------------------------------------------------------------------------ Common 7/11/01 S 1,000 D 0.22 D - ------------------------------------------------------------------------------------------------------------------------------------ Common 7/12/01 S 23,482 D 0.22 D - ------------------------------------------------------------------------------------------------------------------------------------ Common 7/12/01 S 12,932 D 0.225 D - ------------------------------------------------------------------------------------------------------------------------------------ Common 7/12/01 S 24,620 D 0.23 D - ------------------------------------------------------------------------------------------------------------------------------------ Common 7/12/01 S 2,300 D 0.24 D - ------------------------------------------------------------------------------------------------------------------------------------ Common 7/13/01 S 18,442 D 0.24 D - ------------------------------------------------------------------------------------------------------------------------------------ Common 7/13/01 S 5,000 D 0.245 D - ------------------------------------------------------------------------------------------------------------------------------------ Common 7/16/01 S 500 D 0.24 D - ------------------------------------------------------------------------------------------------------------------------------------ Common 7/17/01 S 57,168 D 0.24 D - ------------------------------------------------------------------------------------------------------------------------------------ Common 7/18/01 S 5,500 D 0.24 D - ------------------------------------------------------------------------------------------------------------------------------------ Common 7/19/01 S 100 D 0.24 D - ------------------------------------------------------------------------------------------------------------------------------------ Common 7/20/01 S 37,088 D 0.22 D - ------------------------------------------------------------------------------------------------------------------------------------ Common 7/20/01 S 62,373 D 0.24 D - ------------------------------------------------------------------------------------------------------------------------------------ Common 7/24/01 S 5,000 D 0.24 10,902,075 D ------ ------- ---------------- ----------- ---------- ------------- ------------------------ ----- - ------------------------------------------------------------------------------------------------------------------------------------ Series A Preferred 7/30/01 J (1) 1 A (1) 1 D Stock - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) - ------------------------------------------------------------------------------------------------------------------------------------
3 4
============================================================================================================================ 1. Title of Derivative 2. Conversion or Exercise Price of 3. Transaction Date 4. Transaction Code 5. Number of Security Derivative Security (Month/Day/Year) (Instr. 8) Derivative (Instr.3) Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) ============================================ Code V (A) (D) ============================================================================================================================ A ============================================================================================================================ ============================================================================================================================ ============================================================================================================================ ============================================================================================================================ ============================================================================================================================ ============================================================================================================================ ============================================================================================================================ ============================================================================================================================ ============================================================================================================================ ============================================================================================================================ ======================================================================================================================= 1. Title of Derivative 6. Date Exerciseable and Expiration 7. Title and Amount of 8. Price of 9. Number of Security Date Underlying Securities Derivative Derivative (Instr.3) (Month/Day/Year) (Instr. 3 and 4) Security Securities (Instr. 5) Beneficially Owned at End of Month (Instr. 4) ============================================================= Amount or Expiration Number of Date Exercisable Date Title Shares ======================================================================================================================= ======================================================================================================================= ======================================================================================================================= ======================================================================================================================= ======================================================================================================================= ======================================================================================================================= ======================================================================================================================= ======================================================================================================================= ======================================================================================================================= ======================================================================================================================= ======================================================================================================================= ======================================================== 1. Title of Derivative 10. Ownership 11. Nature of Security Form of Indirect (Instr.3) Derivative Beneficial Securities Ownership Beneficially (Instr. 4) Owned at End of Month (Instr. 4) ======================================================== ======================================================== ======================================================== ======================================================== ======================================================== ======================================================== ======================================================== ======================================================== ======================================================== ======================================================== ========================================================
Explanation of Responses: (1) The reporting person acquired one share of the issuer's Series A Preferred Stock as consideration for the sale by the reporting person of certain of its assets to the issuer pursuant to the provisions of a certain Asset Purchase Agreement dated June 8, 2001. The Series A Preferred Stock is convertible into 700,000 shares of the issuer's common stock, which number of shares of common stock may be increased or decreased as determined pursuant to a formula set forth in the Asset Purchase Agreement. 4 5 /s/ William R. Mack, on behalf of Plasmnet, Inc. ------------------------------------------------ August 8, 2001 Date William R. Mack, Controller on Behalf of Plasmanet,Inc. 5 -----END PRIVACY-ENHANCED MESSAGE-----