Conversion Services International Inc - Amended Statement of Ownership (SC 13G/A)
February 14 2008 - 3:40PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
________________
SCHEDULE
13G
Under
the Securities Exchange Act of 1934
(Amendment
No. 2)*
Conversion
Services International, Inc.
|
(Name
of Issuer)
|
|
Common
Stock, $.001 par value
|
(Title
of Class of Securities)
|
|
|
(CUSIP
Number)
|
|
|
(Date
of Event Which Requires Filing of this
Statement)
|
Check
the
appropriate box to designate the rule pursuant to which this Schedule is
filed:
*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
the
disclosures provided in a prior cover page.
The
information required in 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.
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|
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NAME
OF REPORTING PERSON/
S.S.
or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
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CHECK
THE APPROPRIATE BOX IF A MEMBER OF A
GROUP
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(a)
o
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(b)
o
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CITIZENSHIP
OR PLACE OF ORGANIZATION
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Number
of
Shares
Beneficially
Owned
by
Each
Reporting
Person
With
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|
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AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
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CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES
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o
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PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
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*Based
on
78,959,945 shares of common stock, $0.001 par value per share (the
"Shares") of
Conversion Services International, Inc., a Delaware corporation (the
"Company")
outstanding as of November 2, 2007, as disclosed on the Company's Quarterly
Report on Form 10-Q for the quarterly period ending September 30,
2007
Item
1(a).
|
Name
of Issuer:
|
Conversion
Services International, Inc.
Item
1(b).
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Address
of Issuer's Principal Executive
Offices:
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100
Eagle
Rock Avenue
East
Hanover, NJ 07936
Item
2(a).
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Name
of Person Filing:
|
Robert
C.
DeLeeuw
Item
2(b).
|
Address
of Principal Business Office or, if None, Residence:
|
4
Briarcliff Road
Montville,
NJ 07045
Item
2(c).
|
Citizenship:
United
States
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Item
2(d).
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Title
of Class of Securities:
Common
Stock, $.001 par value per share (the "Common
Stock")
|
Item
2(e).
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CUSIP
Number:
21254R109
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Item
3.
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If
this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b)
or (c),
check whether the person filing is
a:
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(a)
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o
Broker or dealer
registered under section 15 of the Act (15 U.S.C.
78o).
|
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(b)
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o
Bank as defined in section 3(a)(6)
of the Act (15 U.S.C. 78c).
|
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(c)
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o
Insurance company as defined in
section 3(a)(19) of the Act (15 U.S.C.
78c).
|
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(d)
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o
Investment company registered
under section 8 of the Investment Company Act of 1940 (15
U.S.C.
80a-8).
|
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(e)
|
o
An investment adviser in
accordance with
§240.13d-1(b)(1)(ii)(E).
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(f)
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o
An employee benefit plan or
endowment fund in accordance with
§240.13d-1(b)(1)(ii)(F).
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(g)
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o
A parent holding company or
control person in accordance with
§240.13d-1(b)(1)(ii)(G).
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(h)
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o
A savings association is defined
in section 3(b) of the Federal Deposit Insurance Act (12
U.S.C.
1813).
|
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(i)
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o
A church plan that is excluded
from the definition of an investment company under section
3(c)(14) of the
Investment Company Act of 1940 (15 U.S.C.
80a-3).
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(j)
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o
Group, in accordance with
§240.13d-1(b)(1)(ii)(J).
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(a)
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Amount
beneficially owned:
5,246,795**
shares of Common Stock.
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**
Includes
3,996,795 shares held directly by Mr. DeLeeuw and 1,250,000 shares
issuable upon
exercise of vested options.
Includes
a vested option to purchase 250,000 shares of the Issuer's common stock
granted
on November 16, 2005 and expiring on November 16, 2015 at an exercise
price of
$0.83 per share. Also includes a vested option to purchase 1,000,000
shares of
the Issuer's common stock granted on January 9, 2006 and expiring on
January 9,
2016 at an exercise price of $0.46 per share.
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(b)
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Percent
of class:
6.54%
|
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(c)
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Number
of shares as to which such person
has:
|
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(i)
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sole
power to vote or to direct the vote:
5,246,795
|
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(ii)
|
shared
power to vote or to direct the vote
:
-0-
|
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(iii)
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sole
power to dispose or to direct the disposition of
:
5,246,795
|
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(iv)
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shared
power to dispose or to direct the disposition of:
-0-
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Item
5.
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Ownership
of Five Percent or Less of a
Class.
|
Not
Applicable
Item
6.
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Ownership
of More than Five Percent on Behalf of Another
Person.
|
Not
Applicable
Item
7.
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Identification
and Classification of the Subsidiary Which Acquired the Security
Being
Reported on by the Parent Holding
Company:
|
Not
Applicable
Item
8.
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Identification
and Classification of Members of the
Group.
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Not
Applicable
Item
9.
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Notice
of Dissolution of Group.
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Not
Applicable
By
signing below I certify that, to the best of my knowledge and belief,
the
securities referred to above were not acquired and are not held for
the purpose
of or with the effect of changing or influencing the control of the
issuer of
the securities and were not acquired and are not held in connection
with or as a
participant in any transaction having that purpose or effect.
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:
February 14, 2008
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By:
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/s/
Robert C. DeLeeuw
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Robert
C. DeLeeuw
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