-----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, FKVD4cg4/5Np67qMD2fcXq+NJRmjVhfP+ixKyV5vFpnB+zmnD/X3f5sg4HTgOyno h700ILxwQpMXO+7SXcoVrg== 0001005150-96-000418.txt : 19961121 0001005150-96-000418.hdr.sgml : 19961121 ACCESSION NUMBER: 0001005150-96-000418 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19961119 SROS: NONE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AFFINITY ENTERTAINMENT INC CENTRAL INDEX KEY: 0000730626 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MOTION PICTURE & VIDEO TAPE PRODUCTION [7812] IRS NUMBER: 222473403 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-35534 FILM NUMBER: 96668857 BUSINESS ADDRESS: STREET 1: 15438 N FLORIDA AVE STE 103 CITY: TAMPA STATE: FL ZIP: 33613 BUSINESS PHONE: 8132641778 MAIL ADDRESS: STREET 1: 15436 NORTH FLORIDA AVE STREET 2: STE 103 CITY: TAMPA STATE: FL ZIP: 33613 FORMER COMPANY: FORMER CONFORMED NAME: AFFINITY TELEPRODUCTIONS INC /FL DATE OF NAME CHANGE: 19940322 FORMER COMPANY: FORMER CONFORMED NAME: CBNI DEVELOPMENT CO INC DATE OF NAME CHANGE: 19930702 FORMER COMPANY: FORMER CONFORMED NAME: COMPUTERIZED BUYING NETWORK INC DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BOSSO WILLIAM J CENTRAL INDEX KEY: 0000948573 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: C/O AFFINITY ENTERTAINMENT INC STREET 2: 15310 AMBERLY DR SUITE 370 CITY: TAMPA STATE: FL ZIP: 33647 BUSINESS PHONE: 8139758180 MAIL ADDRESS: STREET 1: C/O AFFINITY ENTERTAINMENT INC STREET 2: 15310 AMBERLY DR SUITE 370 CITY: TAMPA STATE: FL ZIP: 33647 SC 13D 1 SCHEDULE 13D ----------------- OMB APPROVAL ------------------ OMB Number: 3235-0145 Expires: August 31, 1991 Estimated average burden hours per response........14.90 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ----------------------------------- SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 1 )* Affinity Entertainment, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 008 26P 106 - -------------------------------------------------------------------------------- (CUSIP Number) William J. Bosso, President, Affinity Entertainment Inc. 15310 Amberly Drive, Suite 370, Tampa, Florida 33647 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) 10/22/96 - -------------------------------------------------------------------------------- (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 / /. Check the following box if a fee is being paid with the statement / /. (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d1(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). SCHEDULE 13D - ------------------------- ----------------------------- CUSIP No. 008 26P 106 Page 2 of Pages - ------------------------- ----------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON William J. Bosso - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/ - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* PF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E) / / - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION USA - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF SHARES 279,000 BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH ------------------------------------------------------- 8 SHARED VOTING POWER -0- ------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 279,000 ------------------------------------------------------- -0- - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 279,000 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 3.3% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Item 1. Security and Issuer Title of the class of equity securities: AFTY Common stock. Address of Issuer: Affinity Entertainment, Inc., 15310 Amberly Drive, Suite 370, Tampa, FL 33647 Item 2. Identity and Background (a) Name: William J. Bosso (b) Residence or business address: 15310 Amberly Drive, Suite 370, Tampa, FL 33647 (c) Present principal occupation or employment: President, Secretary and Director (d) No (e) No (f) U.S. Item 3. Source and Amount of Funds or Other Consideration Since the date of his last filing of a Schedule 13D, Mr. Bosso acquired 125,000 additional shares of common stock of the Company by exercising options pursuant to an employee incentive plan. These options were exercised at a price of $1.00/share. The Company paid for the exercise of Mr. Bosso's shares in exchange for cancellation of debt owed to Mr. Bosso by the Company for loans made to the Company by Mr. Bosso. The source of funds is not applicable to disposition of shares of common stock of the Company by Mr. Bosso. Item 4. Purpose of Transaction The acquisition of securities of the issuer described above is a result of the exercise of employee incentive stock options granted to Mr. Bosso in his employment contract. (a) The reporting person may acquire additional shares pursuant to options to purchase 750,000 shares at prices ranging from $1.33 per share to $2.00 per share over the next four years pursuant to employee incentive stock options granted in his employment contract and an additional 10,000 shares of common stock at $8.50 per share granted pursuant to his service as a director of the Company. (b) No plans (g) No changes (c) No plans (h) No plans (d) No plans (i) None (e) No plans (j) None (f) No plans Item 5. Interest in Securities of the Issuer (a) Mr. Bosso owns 279,000 shares of common stock, or 3.3% of the outstanding Common Stock of the Company. In addition, Mr. Bosso owns 7,800 shares of Series B Preferred Stock convertible into approximately 26,000 shares of Common Stock of the Company. Mr. Bosso also holds options to purchase 750,000 shares of the Company pursuant to employee incentive stock options granted in his employment contract and an additional 10,000 shares of common stock at $8.50 per share granted pursuant to his service as a director of the Company. (b) Mr. Bosso has the sole power to vote 279,000 shares of Common Stock of the Company. If exercised, he will hold sole voting power over all shares exercised pursuant to the employee incentive stock options described above. (c) During the last sixty days, Mr. Bosso has sold a total of 103,000 shares of Common Stock of the Company. More specific information about the transactions is as follows: Date # Shares ---- -------- October 22, 1996 30,000 October 22, 1996 3,000 October 22, 1996 4,000 October 22, 1996 50,000 October 25, 1996 2,500 October 25, 1996 2,500 October 25, 1996 2,500 October 25, 1996 2,500 October 25, 1996 3,500 October 25, 1996 5,000 (d) No such person exists. (e) January 30, 1996. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. None. Item 7. Material to Be Filed as Exhibits None. SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true complete and correct. BY /s/ William J. Bosso -------------------------- William J. Bosso -----END PRIVACY-ENHANCED MESSAGE-----