-----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, EQXA+UXjK9IuP0ZjpU9pR6s7xeXIBwPaqG78Wq72cN2f1rLEBhT5J8YS7TLmULV3 dwgdqc4jRuiMgExH0LYXQw== 0001144204-05-026079.txt : 20050817 0001144204-05-026079.hdr.sgml : 20050817 20050817122435 ACCESSION NUMBER: 0001144204-05-026079 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050817 DATE AS OF CHANGE: 20050817 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: INFINITE GROUP INC CENTRAL INDEX KEY: 0000884650 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690] IRS NUMBER: 521490422 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-53687 FILM NUMBER: 051032714 BUSINESS ADDRESS: STREET 1: 2364 POST RD STREET 2: 923 INCLINE WAY 8 CITY: WARWICK STATE: RI ZIP: 02886 BUSINESS PHONE: 4017385777 MAIL ADDRESS: STREET 1: 2364 POST ROAD STREET 2: 923 INCLINE WAY 8 CITY: WARWICK STATE: RI ZIP: 02886 FORMER COMPANY: FORMER CONFORMED NAME: INFINITE MACHINE CORP DATE OF NAME CHANGE: 19971015 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SMITH MICHAEL S CENTRAL INDEX KEY: 0001324567 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: BUSINESS PHONE: 5856545525 MAIL ADDRESS: STREET 1: C/O INFINITE GROUP, INC STREET 2: 595 BLOSSOM ROAD SUITE 309 CITY: ROCHESTER STATE: NY ZIP: 14610 SC 13D 1 v024135_sc13d.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D (Amendment No. ___)* INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) INFINITE GROUP, INC. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $.001 per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 456910306 - -------------------------------------------------------------------------------- (CUSIP Number) Michael S. Smith c/o Kenneth S. Rose, Esq. Morse, Zelnick, Rose & Lander, LLP 405 Park Avenue, Suite 1401 New York, New York 10022 Tel: (212) 838-5030 Fax: (212) 838-9190 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) August 8, 2005 - -------------------------------------------------------------------------------- (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(e), 13d-1(f) or 13d-1(g), check the following box |_| . *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. 456910306 Page 2 of 5 Pages - ------------------------------------------------------------------------------------------------------------- (1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. Of Above Persons Michael S. Smith - ------------------------------------------------------------------------------------------------------------- (2) Check the appropriate Box (a) if a Member of a Group (b) - ------------------------------------------------------------------------------------------------------------- (3) SEC Use Only - ------------------------------------------------------------------------------------------------------------- (4) Source of Funds OO - ------------------------------------------------------------------------------------------------------------- (5) Check Box if Disclosure of Legal |_| Proceedings is Required Pursuant to Items 2(d) or 2(e) - ------------------------------------------------------------------------------------------------------------- (6) Citizenship or Place of United States Organization - ------------------------------------------------------------------------------------------------------------- Number of Shares (7) Sole Voting Power 1,027,000 Beneficially Owned Each Reporting ------------------------------------------------------------------------- Person With (8) Shared Voting 490,000 ------------------------------------------------------------------------- (9) Sole Dispositive 1,027,000 ------------------------------------------------------------------------- (10) Shared Dispositive Power 490,000 - ------------------------------------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 1,517,000 - ------------------------------------------------------------------------------------------------------------- (12) Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares |_| - ------------------------------------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row 11 7.5% - ------------------------------------------------------------------------------------------------------------- (14) Type of Reporting Person IN - -------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT SCHEDULE - -------------------------------------------------------------------------------- 13D CUSIP NO. 456910306 Page 3 of 5 Pages Item 1. Security and Issuer. Name of Issuer: Infinite Group Inc. (the "Company") Address of Issuer's Principal Executive Offices: 595 Blossom Road, Suite 309 Rochester, New York 14610 Security: Common Stock, par value $.001 per share ("Shares") Item 2. Identity and Background. (a) Name of Reporting Person: Michael S. Smith ("Mr. Smith") (b) The Business Address of the Reporting Person is: c/o Infinite Group, Inc. 595 Blossom Road, Suite 309 New York, NY 14610 (c) Principal Occupation of the Reporting Person: Mr. Smith is an executive officer of the Company. (d) Criminal Convictions involving the Reporting Person: During the last five years, Mr. Smith has not been convicted in a criminal proceeding (excluding traffic violations). (e) Civil Proceedings involving the Reporting Person: During the last five years, Mr. Smith has not been: (i) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction; nor (ii) 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 finding any violation with respect to such laws. (f) Citizenship: Mr. Smith is a citizen of the United States. SCHEDULE - -------------------------------------------------------------------------------- 13D CUSIP NO. 456910306 Page 4 of 5 Pages Item 3. Source and Amount of Funds or Other Consideration. Mr. Smith acquired Beneficial Ownership of the Shares as compensation for his services to the Company. Item 4. Purpose of the Transaction. Mr. Smith acquired the securities of the Company for the purpose of investment. Except as otherwise disclosed herein, Mr. Smith is not considering any plans or proposals which relate to or would result in any of the following: (a) the acquisition by any person of additional securities of the Company, or the disposition of securities of the Company; (b) an extraordinary corporate transaction, such as a merger, reorganization, or liquidation, involving the Company or any of its subsidiaries; (c) a sale or transfer of any material amount of assets of the Company or any of its subsidiaries; (d) any change in the Company's Board of Directors or management; (e) any material change in the present capitalization or dividend policy of the Company; (f) any material change in the Company's business, corporate structure, charter or bylaws; (g) any change which would impede the acquisition of control of the Company by any person; (h) causing any class of securities of the Company to be delisted; (i) the Company's common stock to be eligible to the deregistered under the Securities Exchange Act of 1934; or (j) any actions similar to those enumerate above. Item 5. Interest in Securities of the Issuer. (a) The aggregate number of Shares that may be deemed to be beneficially owned by Mr. Smith beneficially is 1,517,000 Shares, which includes 1,027,000 Shares issuable upon the exercise of currently exercisable options. The 1,517,000 Shares represent approximately 7.5% of the total outstanding Shares as of July 15, 2005. The percentage of outstanding Shares beneficially owned by Mr. Smith is based upon the aggregate of 20,233,965 outstanding Shares consisting (x) 19,206,965 Shares outstanding as of July 15, 2005 and (y) 1,027,000 Shares underlying the currently exercisable options issued by the Company to Mr. Smith. (b) Mr. Smith possesses the sole power to vote or to direct the vote, and sole power to dispose or to direct the disposition of 1,027,000 Shares. Mr. Smith shares voting and dispositive power over 460,000 Shares with his wife and shares voting and dispositive power over 30,000 Shares with his three children. 12 SCHEDULE - -------------------------------------------------------------------------------- 13D CUSIP NO. 456910306 Page 5 of 5 Pages (c) Mr. Smith effected no transactions in the Shares during the past 60 days with respect to the Shares. (d) No other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares except with respect to 490,000 shares beneficially owned by Mr. Smith of which, Mr. Smith's wife has the right to receive or the power to direct receipt of dividends from, or the proceeds from the sale of 460,000 Shares and Mr. Smith's children have the right to receive or the power to direct receipt of dividends from, or the proceeds from, the sale of 30,000 Shares. (e) Not applicable. Item 6. Contracts, Arrangements, Understanding or Relationships with Respect to Securities of the Issuer. None. Item 7. Material to be Filed as Exhibits. None. 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. Date: August 8, 2005 /s/ Michael S. Smith -------------------- Michael S. Smith -----END PRIVACY-ENHANCED MESSAGE-----