SC 13D/A 1 schedule13d-amdt19.txt SCHEDULE 13D AMENDMENT NO. 19 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 19)* J2 COMMUNICATIONS (Name of Issuer) COMMON STOCK (Title of Class of Securities) 466254208 (CUSIP Number) STEPHEN J. DUTTON, ESQ. Leagre Chandler & Millard LLP 1400 First Indiana Plaza 135 North Pennsylvania Street Indianapolis, Indiana 46204-2415 (317) 808-3000 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) June 27, 2002 (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 that is the subject of this Schedule 13D, and is filing this schedule because of ss.ss. 240.13d-1(e), 240.13d-1(f) or 240.13d 1(g), check the following box [ ]. NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 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 (Amendment No. 19) ------------------------------------------------------------------------------- CUSIP No. 466254208 ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON: I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY) DANIEL S. LAIKIN ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (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 U.S.A. ------------------------------------------------------------------------------- NUMBER OF 7. SOLE VOTING POWER SHARES 1,529,526* ---------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY 1,366,535* ----------------------------------- EACH REPORTING 9. SOLE DISPOSITIVE POWER PERSON 1,529,526* ----------------------------------- WITH 10. SHARED DISPOSITIVE POWER 1,366,535* ------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,896,061* ------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] ------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 63.7%* ------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON IN ------------------------------------------------------------------------------- * Includes options and warrants to acquire Common Stock and Series B Convertible Preferred Stock. See Item 5. SCHEDULE 13D (Amendment No. 19) ------------------------------------------------------------------------------- CUSIP No. 466254208 ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON: I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY) PAUL SKJODT ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (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 CANADA ------------------------------------------------------------------------------- NUMBER OF 7. SOLE VOTING POWER SHARES 310,064* ----------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY 1,386,535* ----------------------------------- EACH REPORTING 9. SOLE DISPOSITIVE POWER PERSON 310,064* ----------------------------------- WITH 10. SHARED DISPOSITIVE POWER 1,386,535* ------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,696,599* ------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] ------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 43.5%* ------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON IN ------------------------------------------------------------------------------- * Includes options and warrants to acquire Common Stock and Series B Convertible Preferred Stock. See Item 5. SCHEDULE 13D (Amendment No. 19) ------------------------------------------------------------------------------- CUSIP No. 466254208 ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON: I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY) SAMERIAN, LLP ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [_] ------------------------------------------------------------------------------- 3. SEC USE ONLY ------------------------------------------------------------------------------- 4. SOURCE OF FUNDS WC ------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] ------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION Indiana ------------------------------------------------------------------------------- NUMBER OF 7. SOLE VOTING POWER SHARES 20,000 ----------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY 0 ----------------------------------- EACH REPORTING 9. SOLE DISPOSITIVE POWER PERSON 20,000 ----------------------------------- WITH 10. SHARED DISPOSITIVE POWER 0 ------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 20,000 ------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] ------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.4% ------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON OO ------------------------------------------------------------------------------- SCHEDULE 13D (Amendment No. 19) ------------------------------------------------------------------------------- CUSIP No. 466254208 ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON: I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY) TIMOTHY S. DURHAM ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [_] ------------------------------------------------------------------------------- 3. SEC USE ONLY ------------------------------------------------------------------------------- 4. SOURCE OF FUNDS OO, 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 U.S.A. ------------------------------------------------------------------------------- NUMBER OF 7. SOLE VOTING POWER SHARES 488,974* ----------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY 1,757,974* ----------------------------------- EACH REPORTING 9. SOLE DISPOSITIVE POWER PERSON 488,974* ----------------------------------- WITH 10. SHARED DISPOSITIVE POWER 1,757,974* ------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,246,948* ------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] ------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 54.0%* ------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON IN ------------------------------------------------------------------------------- * Includes options and warrants to acquire Common Stock and Series B Convertible Preferred Stock. See Item 5. SCHEDULE 13D (Amendment No. 19) ------------------------------------------------------------------------------- CUSIP No. 466254208 ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON: I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY) DIAMOND INVESTMENTS, LLC ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [_] ------------------------------------------------------------------------------- 3. SEC USE ONLY ------------------------------------------------------------------------------- 4. SOURCE OF FUNDS WC ------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] ------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION Indiana ------------------------------------------------------------------------------- NUMBER OF 7. SOLE VOTING POWER SHARES 92,399 ----------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY 0 ----------------------------------- EACH REPORTING 9. SOLE DISPOSITIVE POWER PERSON 92,399 ----------------------------------- WITH 10. SHARED DISPOSITIVE POWER 0 ------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 92,399 ------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] ------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.7% ------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON OO ------------------------------------------------------------------------------- SCHEDULE 13D (Amendment No. 19) ------------------------------------------------------------------------------- CUSIP No. 466254208 ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON: I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY) DW LEASING COMPANY, LLC ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [_] ------------------------------------------------------------------------------- 3. SEC USE ONLY ------------------------------------------------------------------------------- 4. SOURCE OF FUNDS WC ------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] ------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION Indiana ------------------------------------------------------------------------------- NUMBER OF 7. SOLE VOTING POWER SHARES 17,350 ----------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY 0 ----------------------------------- EACH REPORTING 9. SOLE DISPOSITIVE POWER PERSON 17,350 ----------------------------------- WITH 10. SHARED DISPOSITIVE POWER 0 ------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 17,350 ------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] ------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.3% ------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON OO ------------------------------------------------------------------------------- SCHEDULE 13D (Amendment No. 19) ------------------------------------------------------------------------------- CUSIP No. 466254208 ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON: I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY) CHRISTOPHER R. WILLIAMS ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (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 U.S.A. ------------------------------------------------------------------------------- NUMBER OF 7. SOLE VOTING POWER SHARES 64,900* ----------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY 0* ----------------------------------- EACH REPORTING 9. SOLE DISPOSITIVE POWER PERSON 64,900* ---------------------------------- WITH 10. SHARED DISPOSITIVE POWER 0* ------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 64,900* ------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] ------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.7%* ------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON IN ------------------------------------------------------------------------------- *Does not include securities that are held by other Reporting Persons and that this Reporting Person may be deemed to beneficially own. See Item 5. SCHEDULE 13D (Amendment No. 19) ------------------------------------------------------------------------------- CUSIP No. 466254208 ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON: I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY) HELEN C. WILLIAMS ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (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 U.S.A. ------------------------------------------------------------------------------- NUMBER OF 7. SOLE VOTING POWER SHARES 60,200* ----------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY 0* ----------------------------------- EACH REPORTING 9. SOLE DISPOSITIVE POWER PERSON 60,200* ----------------------------------- WITH 10. SHARED DISPOSITIVE POWER 0* ------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 60,200* ------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] ------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.4%* ------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON IN ------------------------------------------------------------------------------- * Does not include securities that are held by other Reporting Persons and that this Reporting Person may be deemed to beneficially own. See Item 5. SCHEDULE 13D (Amendment No. 19) ------------------------------------------------------------------------------- CUSIP No. 466254208 ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON: I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY) JUDY B. LAIKIN ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (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 U.S.A. ------------------------------------------------------------------------------- NUMBER OF 7. SOLE VOTING POWER SHARES 26,000* ----------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY 0* ----------------------------------- EACH REPORTING 9. SOLE DISPOSITIVE POWER PERSON 26,000* ----------------------------------- WITH 10. SHARED DISPOSITIVE POWER 0* ------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 26,000* ------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] ------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.9%* ------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON IN ------------------------------------------------------------------------------- * Does not include securities that are held by other Reporting Persons and that this Reporting Person may be deemed to beneficially own. See Item 5. SCHEDULE 13D (Amendment No. 19) ------------------------------------------------------------------------------- CUSIP No. 466254208 ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON: I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY) NATIONAL LAMPOON ACQUISITION GROUP LLC ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] ------------------------------------------------------------------------------- 3. SEC USE ONLY ------------------------------------------------------------------------------- 4. SOURCE OF FUNDS WC ------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] ------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION California ------------------------------------------------------------------------------- NUMBER OF 7. SOLE VOTING POWER SHARES 1,366,535* ----------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY 0 ----------------------------------- EACH REPORTING 9. SOLE DISPOSITIVE POWER PERSON 1,366,535* ----------------------------------- WITH 10. SHARED DISPOSITIVE POWER 0 ------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,366,535 ------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] ------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 35.8%* ------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON OO ------------------------------------------------------------------------------- * See Item 5. SCHEDULE 13D (Amendment No. 19) ------------------------------------------------------------------------------- CUSIP No. 466254208 ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON: I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY) DC INVESTMENTS, LLC ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [_] ------------------------------------------------------------------------------- 3. SEC USE ONLY ------------------------------------------------------------------------------- 4. SOURCE OF FUNDS WC ------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] ------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION Indiana ------------------------------------------------------------------------------- NUMBER OF 7. SOLE VOTING POWER SHARES 281,690* ----------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY 1,366,535* ----------------------------------- EACH REPORTING 9. SOLE DISPOSITIVE POWER PERSON 281,690* ----------------------------------- WITH 10. SHARED DISPOSITIVE POWER 1,366,535* ------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,648,225* ------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] ------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 43.2%* ------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON OO ------------------------------------------------------------------------------- * Includes options and warrants to acquire Common Stock and Series B Convertible Preferred Stock. See Item 5. AMENDMENT NO. 19 TO SCHEDULE 13D The Schedule 13D filed with the U.S. Securities and Exchange Commission (the "Commission") on June 17, 1999, by Daniel S. Laikin and Paul Skjodt relating to the common stock, no par value (the "Common Stock"), of J2 Communications, a California corporation (the "Issuer"), as amended on June 22, 1999, July 1, 1999, July 23, 1999, September 3, 1999, September 17, 1999, November 22, 1999, July 20, 2000, July 25, 2000, August 11, 2000, March 6, 2001, April 2, 2001, November 19, 2001, November 21, 2001, December 17, 2001, January 31, 2002, May 2, 2002 and June 7, 2002, is hereby amended to furnish and restate the information as set forth herein. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION In making the purchases of the Issuer's securities described in Item 4, Mr. Laikin used personal funds and Mr. Durham used funds loaned to him by D.C. Investments, LLC, a company for which Mr. Durham serves as the Managing Member. The information in Item 4 is incorporated herein by reference. ITEM 4. PURPOSE OF TRANSACTION As reported in Amendment No. 18 to this Schedule 13, the Issuer entered into a Preferred Stock and Warrant Purchase Agreement, dated April 25, 2002, and as amended May 17, 2002 (the "Purchase Agreement"), with five of the Reporting Persons (Daniel S. Laikin, Paul Skjodt, Timothy S. Durham, DC Investments, LLC ("DC Investments") and National Lampoon Acquisition Group LLC ("NLAG")) and one other person. Pursuant to the Agreement, each of Messrs. Laikin, Skjodt and Durham, DC Investments and the one other person purchased units from the Issuer, with each unit consisting of one share of Series B Convertible Preferred Stock and a warrant to purchase 28.169 shares of Common Stock (the "Units"). The purchase price for the Units was $100 per Unit. The per share purchase price for a share of Common Stock pursuant to the warrants is $3.55 per share prior to the second anniversary of the date of the issuance of the warrant and $5.00 per share from and after such anniversary date In the Purchase Agreement, the Issuer also granted to NLAG an option to purchase up to 29,256 units at a price of $100.00 per unit (the "Option"). The Option is exercisable by NLAG or its designees on or before the earlier of January 25, 2003 or ninety days after the Issuer's Common Stock is relisted for trading on the Nasdaq SmallCap Market or listed on any other national exchange or quotation system. Pursuant to the Purchase Agreement, NLAG assigned to each of Messrs. Laikin and Durham, as NLAG's designees, the right to exercise the Option to purchase 2,500 Units. On June 27, 2002, Messrs. Laikin and Durham exercised those rights and each purchased 2,500 Units for $100 per Unit. The information in Item 5 is incorporated herein by reference. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER (a) As of the close of business on June 27, 2002, the Reporting Persons may be deemed to beneficially own, in the aggregate, 4,257,638 shares of Common Stock, representing approximately 86.7% of the Issuer's outstanding Common Stock (based upon the 1,382,483 shares of Common Stock reported to be outstanding as of June 13, 2002, in the Issuer's Form 10-Q for the Quarter ended April 30, 2002, assuming conversion of the currently issued and outstanding shares of Series B Preferred into Common Stock and including the shares of Common Stock the Reporting Persons have the right to acquire pursuant to the options, warrants and conversion rights reported in Item 4 above and in this Item 5). (b) The individual members of the NLAG Group have the following holdings: (1) Mr. Durham directly owns 73,200 shares of Common Stock, 7,380 shares of Series B Preferred and warrants to acquire 207,887 shares of Common Stock. Mr. Durham may be deemed to share voting and dispositive power with respect to the securities listed below for Diamond Investments, LLC and DC Investments, LLC, for both of which Mr. Durham serves as Managing Member, and DW Leasing Company, LLC, in which Mr. Durham has an ownership interest. (2) Mr. Laikin directly owns 167,250 shares of Common Stock, 22,364 shares of Series B Preferred and warrants to acquire 629,472 shares of Common Stock. He also has the right to acquire 102,333 shares of Common Stock pursuant to stock options. He may be deemed to share voting and dispositive power with respect to securities listed below for Judy B. Laikin. (3) Mr. Skjodt directly owns 141,050 shares of Common Stock, 3,000 shares of Series B Preferred and warrants to acquire 84,507 shares of Common Stock. He may be deemed to share voting and dispositive power with respect to the securities listed below for Samerian LLP, in which Mr. Skjodt is a Partner. (4) Christopher R. Williams directly owns 64,500 shares of Common Stock and may be deemed to share voting and disposive power with respect to securities listed below for Helen C. Williams. (5) Diamond Investments, LLC directly owns 92,399 shares of Common Stock. (6) DC Investments, LLC directly owns 5,000 shares of Series B Preferred and warrants to purchase 140,845 shares of Common Stock. (7) Helen C. Williams directly owns 60,200 shares of Common Stock. (8) Judy B. Laikin directly owns 26,000 shares of Common Stock. (9) Samerian LLP directly owns 20,000 shares of Common Stock. (10) DW Leasing Company, LLC directly owns 17,350 shares of Common Stock. (11) National Lampoon Acquisition Group LLC holds an option for it, or its designees, to acquire 24,256 units (consisting of 24,256 shares of Series B Preferred and warrants for 683,267 shares of Common Stock). Each member of the NLAG Group disclaims beneficial ownership of the securities held by the other members of the NLAG Group. Each member of the NLAG Group may be deemed to beneficially own the 4,257,638 shares of Common Stock that are deemed to be beneficially owned collectively by the NLAG Group. Information on the percentage of the shares of Common Stock beneficially owned by each of the Reporting Persons is included in the cover pages to this Amendment No. 18 and is incorporated herein by reference. (c) The following table sets forth all transactions with respect to shares of Common Stock effected by any of the Reporting Persons since those transactions reported in Amendment No. 18 to this Schedule 13D filed on June 7, 2002. All of the transactions were effected in the open market and exclude commissions paid. Shareholder Date No. of Shares Transaction Price Per Share None ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. A. Joint Filing Agreement Pursuant to Regulationss.240.13d-1(k). B. Preferred Stock and Warrant Purchase Agreement, dated April 25, 2002. C. First Amendment to Preferred Stock and Warrant Purchase Agreement, dated May 17, 2002. D. First Amendment to Voting Agreement, dated June 6, 2002. E. Mutual Release, dated May 17, 2002, among the Issuer, James P. Jimirro and the members of the NLAG Group. F. Employment Agreement, dated May 17, 2002, between the Issuer and Daniel S. Laikin. G. Non-Qualified Stock Option Agreement, dated May 17, 2002, between the Issuer and Daniel S. Laikin. H. Letter, dated May 17, 2002, regarding Termination of Surviving Provisions of Letter Agreement, from the Issuer to Daniel S. Laikin and Paul Skjodt. I. Form of Common Stock Warrant (including Schedule identifying material terms). 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. Dated: July 9, 2002 /s/ Daniel S. Laikin -------------------------------------------- DANIEL S. LAIKIN /s/ Pauul Skjodt -------------------------------------------- PAUL SKJODT SAMERIAN LLP /s/ Paul Skjodt -------------------------------------------- By: Paul Skjodt Its: Managing Member /s/ Timothy S. Durham -------------------------------------------- TIMOTHY S. DURHAM DIAMOND INVESTMENTS, LLC /s/ Timothy S. Durham -------------------------------------------- By: Timothy S. Durham Its: Managing Member DW LEASING COMPANY, LLC /s/ Timothy S. Durham -------------------------------------------- By: Timothy S. Durham Its: Managing Member /s/ Christopher R. Williams -------------------------------------------- CHRISTOPHER R. WILLIAMS /s/ Helen C. Williams -------------------------------------------- HELEN C. WILLIAMS /s/ Judy B. Laikin -------------------------------------------- JUDY B. LAIKIN NATIONAL LAMPOON ACQUISITION GROUP LLC By:/s/ Daniel S. Laikin ---------------------------------------- Its: Managing Member ---------------------------------------- DC INVESTMENTS, LLC By: /s/ Timothy S. Durham --------------------------------------- Its: Managing Member --------------------------------------- EXHIBIT INDEX Exhibit Description No. A Joint Filing Agreement Pursuant to Regulation Section 240.13d-1(k). B Preferred Stock and Warrant Purchase Agreement, dated as of April 25, 2002. This Exhibit is incorporated by reference to Exhibit 99.1 to the Form 8-K filed by the Issuer on April 29, 2002. C First Amendment to Preferred Stock and Warrant Purchase Agreement, dated May 17, 2002. This Exhibit is incorporated by reference to Exhibit 10.1 in the Issuer's Form 8-K filed on May 31, 2002. D First Amendment to Voting Agreement dated June 6, 2002. This Exhibit is incorporated by reference to Exhibit D to Amendment No. 18 to Schedule 13D filed on June 7, 2002. E Mutual Release, dated May 17, 2002, among the Issuer, James P. Jimirro and the members of the NLAG Group. This Exhibit is incorporated by reference to Exhibit 10.7 in the Issuer's Form 8-K filed on May 31, 2002. F Employment Agreement, dated May 17, 2002, between the Issuer and Daniel S. Laikin. This Exhibit is incorporated by reference to Exhibit 10.9 in the Issuer's Form 8-K filed on May 31, 2002. G Non-Qualified Stock Option Agreement, dated May 17, 2002, between the Issuer and Daniel S. Laikin. This Exhibit is incorporated by reference to Exhibit 10.10 in the Issuer's Form 8-K filed on May 31, 2002. H Letter, dated May 17, 2002, regarding Termination of Surviving Provisions of Letter Agreement, from the Issuer to Daniel S. Laikin and Paul Skjodt. This Exhibit is incorporated by reference to Exhibit 10.12 in the Issuer's Form 8-K filed on May 31, 2002. I Form of Common Stock Warrant, dated May 17, 2002 (including Schedule identifying material terms). This Exhibit is incorporated by reference to Exhibit 10.16 in the Issuer's Form 8-K filed on May 31, 2002. EXHIBIT A JOINT FILING AGREEMENT In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, each of the persons named below agree to the joint filing of a statement on Schedule 13D, including amendments thereto, with respect to the common shares, no par value, of J2 Communications, a California corporation, and further agree that this Joint Filing Agreement be included as an exhibit to such filings, provided that, as contemplated by Section 13d-1(k)(1)(ii), no person shall be responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate. This Joint Filing Agreement may be executed in any number of counterparts, all of which collectively shall constitute one and the same instrument. Dated: June 7, 2002 /s/ Daniel S. Laikin ----------------------------------------- DANIEL S. LAIKIN /s/ Paul Skjodt -------------------------------------------- PAUL SKJODT SAMERIAN LLP /s/ Paul Skjodt -------------------------------------------- By: Paul Skjodt Its: Managing Member /s/ Timothy S. Durham -------------------------------------------- TIMOTHY S. DURHAM DIAMOND INVESTMENTS, LLC /s/ Timothy S. Durham -------------------------------------------- By: Timothy S. Durham Its: Managing Member DW LEASING COMPANY, LLC /s/ Timothy S. Durham -------------------------------------------- By: Timothy S. Durham Its: Managing Member /s/ Christopher R. Williams -------------------------------------------- CHRISTOPHER R. WILLIAMS /s/ Helen C. Williams -------------------------------------------- HELEN C. WILLIAMS /s/ Judy B. Laikin -------------------------------------------- JUDY B. LAIKIN NATIONAL LAMPOON ACQUISITION GROUP LLC By: /s/ Daniel S. Laikin Its: Managing Member DC INVESTMENTS, LLC By: /s/ Timothy S. Durham Its: Managing Member