SC 13D 1 tsdsec.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No.__)* J2 COMMUNICATIONS, INC. (Name of Issuer) Common Shares (Title of Class of Securities) 46625420 (CUSIP Number) Timothy S. Durham 111 Monument Circle, Suite 3680 Indianapolis, Indiana 46204 (317) 237-4122 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) December 28, 2000 (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 CUSIP No. 46625420 1 NAME OF REPORTING PERSON Timothy S. Durham S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 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 USA NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 7 SOLE VOTING POWER 58,500 8 SHARED VOTING POWER 0 9 SOLE DISPOSITIVE POWER 58,500 10 SHARED DISPOSITIVE POWER 0 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 58,500 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* // 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.32% 14 TYPE OF REPORTING PERSON* IN SCHEDULE 13D CUSIP No. 46625420 1 NAME OF REPORTING PERSON Diamond Investments, Inc. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 35-2088657 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 SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 7 SOLE VOTING POWER 13,600 8 SHARED VOTING POWER 0 9 SOLE DISPOSITIVE POWER 13,600 10 SHARED DISPOSITIVE POWER 0 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 13,600 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* // 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.01% 14 TYPE OF REPORTING PERSON* CO SCHEDULE 13D Item 1. Security and Issuer This Schedule 13D relates to the common shares, no par value (the "Shares"), of J2 Communications, Inc., a California corporation (the "Issuer"). The address of the principal executive offices of the Issuer is 10850 Wilshire Blvd., Ste. 1000, Los Angeles, CA 90024. Item 2. Identity and Background The persons filing this statement are Timothy S. Durham ("Durham"), a citizen of the United States of America, and Diamond Investments, LLC, an Indiana limited liability company ("Diamond")(collectively, the "Registrants"). The principal business address and the address of the principal office of the Registrants is 111 Monument Circle, Suite 3680, Indianapolis, Indiana 46204. Diamond is the personally owned and controlled investment vehicle of Durham. Neither of the Registrants, has, during the past five years, (a) been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors), or (b) been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting, or mandating activities subject to, Federal or State securities laws or a finding of any violation with respect to such laws. Item 3. Source and Amount of Funds or Other Consideration The aggregate purchase price of the 72,100 Shares purchased by the Registrants was $853,155.26. The source of funding for the purchase of these Shares was the personal funds of Durham and working capital of Diamond. Item 4. Purpose of Transaction Registrants have acquired Shares because they believe that the Shares represent an attractive investment. Depending on the market price of Shares and upon other conditions, Registrants may acquire additional Shares from time to time in the open market or otherwise or may seek to acquire Shares from the Issuer, at prices which Registrants may determine to be appropriate. In addition, depending upon market prices and other conditions, Registrants may dispose of Shares at any time and from time to time in the open market or otherwise at prices which Registrant may determine to be appropriate. Item 5. Interest in Securities of the Issuer (a) As of the close of business on January 3, 2001, Registrants may be deemed to beneficially own, in the aggregate, 72,100 Shares, representing approximately 5.33% of the Issuer's outstanding Shares (based upon the 1,353,015 Shares stated to be outstanding as of October 31, 2000 by the Issuer in the Issuer's Form 10-Q filing, filed with the Securities and Exchange Commission on December 14, 2000). (b) Durham has sole voting power and sole dispositive power with regard to 72,100 Shares. (c) Exhibit 1 lists a table that sets forth all transactions with respect to Shares effected during the past sixty (60) days by any of the Registrants. All such transactions were effected in the open market, and include commissions paid. Item 6. Contracts, Arrangements, Understandings or Relationship with Respect to Securities of the Issuer Except as described herein, neither of the Registrants has any contracts, arrangements, understandings or relationships (legal or otherwise) with any person with respect to any securities of the Issuer, including but not limited to the transfer or voting of any of the securities, finder's fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or losses, or the giving or withholding of proxies. Item 7. Material to be Filed as Exhibits 1. Table of Share Transactions by Registrants during past sixty (60) days. SIGNATURE 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: January 4, 2001 /s/ Timothy S. Durham - -------------------- TIMOTHY S. DURHAM DIAMOND INVESTMENTS, LLC By: /s/ Timothy S. Durham - ------------------------ Name: Timothy S. Durham -------------------------- Its: Managing Member -------------------------- EXHIBIT INDEX EXHIBIT 1 Table of Share Transactions by Registrants during past sixty (60) days. Share Transactions by Registrants during past sixty (60) days No. of Shares Price Name Date Purchased Per Share Timothy Durham 11/29/00 200 $10.8750 Timothy Durham 11/29/00 300 $10.1250 Timothy Durham 11/29/00 500 $10.3750 Timothy Durham 12/14/00 100 $ 9.8125 Timothy Durham 12/20/00 100 $10.2500 Timothy Durham 12/20/00 100 $ 9.7500 Timothy Durham 12/22/00 100 $ 9.2500 Timothy Durham 12/26/00 100 $ 9.2500 Timothy Durham 12/26/00 1,000 $ 8.0000 Timothy Durham 12/26/00 1,000 $ 8.3750 Timothy Durham 12/26/00 1,000 $ 9.2500 Timothy Durham 12/26/00 1,000 $ 7.3375 Timothy Durham 12/28/00 1,000 $ 8.8750 Timothy Durham 12/28/00 500 $ 9.6250 Timothy Durham 12/29/00 1,500 $ 6.6250 Timothy Durham 12/29/00 500 $ 7.0000 Timothy Durham 12/29/00 1,000 $ 8.0000 Timothy Durham 01/02/01 1,000 $ 7.8125 Diamond Investments 11/13/00 100 $ 9.5000 Diamond Investments 11/13/00 100 $10.3750 Diamond Investments 11/14/00 100 $10.3750 Diamond Investments 11/14/00 100 $ 9.6250 Diamond Investments 11/14/00 300 $ 9.1875 Diamond Investments 11/15/00 100 $ 9.1875 Diamond Investments 11/16/00 100 $ 9.7500 Diamond Investments 11/20/00 200 $ 9.8750 Diamond Investments 11/21/00 100 $ 9.5000 Diamond Investments 11/21/00 100 $ 9.6250 Diamond Investments 11/22/00 800 $ 9.8750 Diamond Investments 11/22/00 600 $ 9.5000 Diamond Investments 11/22/00 300 $ 9.6250 Diamond Investments 11/22/00 600 $ 9.8750 Diamond Investments 11/27/00 500 $10.7500 Diamond Investments 11/27/00 100 $11.1250 Diamond Investments 11/28/00 300 $11.1250 Diamond Investments 11/28/00 400 $11.7500 Diamond Investments 11/28/00 400 $11.9375 Diamond Investments 11/28/00 400 $11.0000 Diamond Investments 11/28/00 100 $11.9375 Diamond Investments 11/29/00 100 $11.0000 Diamond Investments 11/29/00 100 $11.3750 Diamond Investments 11/30/00 100 $11.0000 Diamond Investments 12/01/00 100 $11.0000 Diamond Investments 12/06/00 100 $11.0000 Diamond Investments 12/06/00 800 $11.1250 Diamond Investments 12/06/00 400 $11.3750 Diamond Investments 12/06/00 100 $11.0000 Diamond Investments 12/07/00 400 $10.0000 Diamond Investments 12/11/00 100 $10.7500 Diamond Investments 12/21/00 300 $ 9.0312 Diamond Investments 12/21/00 600 $ 9.0000 Diamond Investments 12/21/00 100 $ 8.8750 Diamond Investments 12/21/00 200 $ 8.5000 Diamond Investments 12/21/00 1,000 $ 8.0000 Diamond Investments 12/22/00 1,000 $ 8.2500 Diamond Investments 12/26/00 1,000 $ 6.7500 Diamond Investments 12/27/00 100 $ 8.5000 Diamond Investments 12/27/00 500 $ 8.4375 Diamond Investments 12/28/00 100 $ 8.5000