UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)
AMPLIDYNE, INC.
----------------------------------------------
(Name of Issuer)
Common Stock
-----------------------------
(Title of Class of Securities)
032103103
--------------
(CUSIP Number)
Edward B. Winslow, Esq.
Jacobs Persinger & Parker
77 Water Street, New York, New York 10005 212-344-1866
----------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
December 27, 2001
------------------------------------------------------
(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 Sections 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 Section 240.13d-7(b) 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).
-----------------------------------------------------------
2
SCHEDULE 13D
CUSIP No. 032103103
-----------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
Jerome Belson
-----------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A (a) / /
MEMBER OF A GROUP* (b) /X/
-----------------------------------------------------------
(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)
Not applicable.
-----------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
USA
-----------------------------------------------------------
NUMBER OF SHARES (7) SOLE VOTING POWER
BENEFICIALLY
OWNED BY EACH 624,902
REPORTING PERSON --------------------------------------
WITH (8) SHARED VOTING POWER
215,600
--------------------------------------
(9) SOLE DISPOSITIVE POWER
624,902
--------------------------------------
(10) SHARED DISPOSITIVE POWER
215,600
------------------------------------------------------------
3
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
840,502 shares
-----------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN /X/
ROW (11) EXCLUDES CERTAIN SHARES*
-----------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.6%
-----------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
-----------------------------------------------------------
4
SCHEDULE 13D
CUSIP No. 032103103
-----------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
The Jerome Belson Foundation, f/k/a The Joseph Belsky
Foundation
-----------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A (a) / /
MEMBER OF A GROUP* (b) /X/
-----------------------------------------------------------
(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)
Not applicable.
-----------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
New York
-----------------------------------------------------------
NUMBER OF SHARES (7) SOLE VOTING POWER
BENEFICIALLY
OWNED BY EACH 100,000
REPORTING PERSON --------------------------------------
WITH (8) SHARED VOTING POWER
---
--------------------------------------
(9) SOLE DISPOSITIVE POWER
100,000
--------------------------------------
(10) SHARED DISPOSITIVE POWER
---
-----------------------------------------------------------
5
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
100,000 shares
-----------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN / /
ROW (11) EXCLUDES CERTAIN SHARES*
-----------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.03%
-----------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
CO
-----------------------------------------------------------
6
SCHEDULE 13D
CUSIP No. 032103103
-----------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
Maxine Belson
-----------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A (a) / /
MEMBER OF A GROUP* (b) /X/
-----------------------------------------------------------
(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)
Not applicable.
-----------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
USA
-----------------------------------------------------------
NUMBER OF SHARES (7) SOLE VOTING POWER
BENEFICIALLY
OWNED BY EACH ---
REPORTING PERSON --------------------------------------
WITH (8) SHARED VOTING POWER
99,600
--------------------------------------
(9) SOLE DISPOSITIVE POWER
---
--------------------------------------
(10) SHARED DISPOSITIVE POWER
99,600
-----------------------------------------------------------
7
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
99,600 shares
-----------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN / /
ROW (11) EXCLUDES CERTAIN SHARES*
-----------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.03%
-----------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
-----------------------------------------------------------
8
SCHEDULE 13D
CUSIP No. 032103103
-----------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
Marjorie Belson
-----------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A (a) / /
MEMBER OF A GROUP* (b) /X/
-----------------------------------------------------------
(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)
Not applicable.
-----------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
USA
-----------------------------------------------------------
NUMBER OF SHARES (7) SOLE VOTING POWER
BENEFICIALLY
OWNED BY EACH ---
REPORTING PERSON --------------------------------------
WITH (8) SHARED VOTING POWER
10,000
--------------------------------------
(9) SOLE DISPOSITIVE POWER
---
--------------------------------------
(10) SHARED DISPOSITIVE POWER
10,000
-----------------------------------------------------------
9
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
10,000 shares
-----------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN / /
ROW (11) EXCLUDES CERTAIN SHARES*
-----------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.1%
-----------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
-----------------------------------------------------------
10
SCHEDULE 13D
CUSIP No. 032103103
-----------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
Brianne Goldstein
-----------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A (a) / /
MEMBER OF A GROUP* (b) /X/
-----------------------------------------------------------
(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)
Not applicable.
-----------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
USA
-----------------------------------------------------------
NUMBER OF SHARES (7) SOLE VOTING POWER
BENEFICIALLY
OWNED BY EACH ---
REPORTING PERSON --------------------------------------
WITH (8) SHARED VOTING POWER
10,000
--------------------------------------
(9) SOLE DISPOSITIVE POWER
---
--------------------------------------
(10) SHARED DISPOSITIVE POWER
10,000
-----------------------------------------------------------
11
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
10,000 shares
-----------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN / /
ROW (11) EXCLUDES CERTAIN SHARES*
-----------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.1%
-----------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
-----------------------------------------------------------
12
SCHEDULE 13D
CUSIP No. 032103103
-----------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
Joshua Goldstein
-----------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A (a) / /
MEMBER OF A GROUP* (b) /X/
-----------------------------------------------------------
(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)
Not applicable.
-----------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
USA
-----------------------------------------------------------
NUMBER OF SHARES (7) SOLE VOTING POWER
BENEFICIALLY
OWNED BY EACH ---
REPORTING PERSON --------------------------------------
WITH (8) SHARED VOTING POWER
---
--------------------------------------
(9) SOLE DISPOSITIVE POWER
---
--------------------------------------
(10) SHARED DISPOSITIVE POWER
---
-----------------------------------------------------------
13
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
-0- shares
-----------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN / /
ROW (11) EXCLUDES CERTAIN SHARES*
-----------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
-----------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
-----------------------------------------------------------
14
SCHEDULE 13D
CUSIP No. 032103103
-----------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
Toby Goldstein
-----------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A (a) / /
MEMBER OF A GROUP* (b) /X/
-----------------------------------------------------------
(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)
Not applicable.
-----------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
USA
-----------------------------------------------------------
NUMBER OF SHARES (7) SOLE VOTING POWER
BENEFICIALLY
OWNED BY EACH ---
REPORTING PERSON --------------------------------------
WITH (8) SHARED VOTING POWER
21,000
--------------------------------------
(9) SOLE DISPOSITIVE POWER
---
--------------------------------------
(10) SHARED DISPOSITIVE POWER
21,000
-----------------------------------------------------------
15
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
21,000 shares
-----------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN / /
ROW (11) EXCLUDES CERTAIN SHARES*
-----------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.2%
-----------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
-----------------------------------------------------------
16
SCHEDULE 13D
CUSIP No. 032103103
-----------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
Jaclyn Belson
-----------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A (a) / /
MEMBER OF A GROUP* (b) /X/
-----------------------------------------------------------
(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)
Not applicable.
-----------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
USA
-----------------------------------------------------------
NUMBER OF SHARES (7) SOLE VOTING POWER
BENEFICIALLY
OWNED BY EACH ---
REPORTING PERSON --------------------------------------
WITH (8) SHARED VOTING POWER
10,000
--------------------------------------
(9) SOLE DISPOSITIVE POWER
---
--------------------------------------
(10) SHARED DISPOSITIVE POWER
10,000
-----------------------------------------------------------
17
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
10,000 shares
-----------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN / /
ROW (11) EXCLUDES CERTAIN SHARES*
-----------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.1%
-----------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
-----------------------------------------------------------
18
SCHEDULE 13D
CUSIP No. 032103103
-----------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
Jonathan Belson
-----------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A (a) / /
MEMBER OF A GROUP* (b) /X/
-----------------------------------------------------------
(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)
Not applicable.
-----------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
USA
-----------------------------------------------------------
NUMBER OF SHARES (7) SOLE VOTING POWER
BENEFICIALLY
OWNED BY EACH ---
REPORTING PERSON --------------------------------------
WITH (8) SHARED VOTING POWER
5,000
--------------------------------------
(9) SOLE DISPOSITIVE POWER
---
--------------------------------------
(10) SHARED DISPOSITIVE POWER
5,000
-----------------------------------------------------------
19
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
5,000 shares
-----------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN / /
ROW (11) EXCLUDES CERTAIN SHARES*
-----------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.05%
-----------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
-----------------------------------------------------------
20
SCHEDULE 13D
CUSIP No. 032103103
-----------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
Matthew Belson
-----------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A (a) / /
MEMBER OF A GROUP* (b) /X/
-----------------------------------------------------------
(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)
Not applicable.
-----------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
USA
-----------------------------------------------------------
NUMBER OF SHARES (7) SOLE VOTING POWER
BENEFICIALLY
OWNED BY EACH ---
REPORTING PERSON --------------------------------------
WITH (8) SHARED VOTING POWER
60,000
--------------------------------------
(9) SOLE DISPOSITIVE POWER
---
--------------------------------------
(10) SHARED DISPOSITIVE POWER
60,000
-----------------------------------------------------------
21
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
60,000 shares
-----------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN / /
ROW (11) EXCLUDES CERTAIN SHARES*
-----------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.6%
-----------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
IN
-----------------------------------------------------------
22
AMENDMENT NO. 1 SCHEDULE 13D
The Schedule 13D is amended as follows:
ITEM 2. IDENTITY AND BACKGROUND is hereby amended as follows:
Joshua Goldstein who no longer holds any shares of Common Stock of the
Company is eliminated from the listing of the persons filing this Schedule 13D.
The following persons are added to the listing of persons filing this
Schedule 13D:
Maxine Belson who is a housewife and the spouse of Jerome Belson. Her
address is c/o Jerome Belson, Jerome Belson Associates, Inc., 495 Broadway, New
York, New York 10012.
Matthew Belson, who is a grandson of Jerome and Maxine Belson, is a
self-employed writer. His address is 140 Kane Street, Brooklyn, New York 11231.
Neither Maxine Belson nor Matthew Belson has during the past five years
been (i) convicted in a criminal proceeding (excluding traffic violations or
similar misdemeanors), or (ii) a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction as a result of which such
individual or entity 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 finding any violation with respect to
such laws.
Maxine Belson and Matthew Belson are United States citizens.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION is amended by adding
thereto the following:
On December 27, 2001 Jerome Belson purchased from the Company 8,000 shares
of the Company's Series B Convertible Preferred Stock for a purchase price of
$80,000 which was provided from his personal funds. Such shares with accrued
dividends were converted on March 28, 2002 into 101,328 shares of the Company's
Common Stock.
23
The aggregate purchase price of the 99,600 shares of Common Stock of the
Company purchased by Maxine Belson is $28,125, including brokerage commissions.
Maxine Belson used her personal funds to purchase such shares of Common Stock.
The aggregate purchase price of the 60,000 shares of the Common Stock of
the Company purchased by Matthew Belson is $23,687, including brokerage
commissions. Matthew Belson used his personal funds to purchase such shares of
Common Stock.
ITEM 4. PURPOSE OF TRANSACTION is amended to add thereto the following:
The purchases of the shares reported in this Amendment No. 1 to Schedule
13D were made for the purpose of making an investment in the Company.
Consistent with such purpose, Jerome Belson has had and expects to continue to
have discussions with management of the Company concerning the Company and the
investment of persons making this filing therein. Jerome Belson may also engage
in such discussions with other shareholders of the Company.
The persons making this filing may, in the future, purchase additional
shares of the Common Stock of the Company depending on the price of the shares
and circumstances at the time of such acquisitions, if any, are made.
Alternatively, any of the persons making this filing may at any time determine
to realize on such person's investment in the securities of the Company through
their sale.
The persons making this filing have no present plans or proposals to effect
one or more of the transactions enumerated in paragraphs (b) to (j) of Item 4 of
Schedule 13D.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER is amended to add thereto the
following:
The following table sets forth the beneficial ownership as of September 12,
2002 of the Common Stock of the Company by the persons filing this Amendment to
the Schedule 13D.
24
Percent of
Name No. of Shares Outstanding*
------------------- -------------- ------------
Jerome Belson 840,502 (1) 8.6
The Jerome Belson
Foundation, Inc. 100,000 (2) 1.03
Maxine Belson 99,600 (3) 1.03
Marjorie Belson 10,000 (3) 0.1
Brianne Goldstein 10,000 (3) 0.1
Joshua Goldstein -0- -0-
Toby Goldstein 21,000 (3) 0.2
Jaclyn Belson 10,000 (3) 0.1
Jonathan Belson 5,000 (3) 0.05
Matthew Belson 60,000 (3) 0.6
______________
* Based upon 9,676,500 shares reported by the Company in its Quarterly Report
on Form 10-Q for the quarter ended June 30, 2002 to be outstanding as of
July 31, 2002.
(1) Consists of 624,902 shares (including 50,000 shares issuable by the Company
under presently exercisable warrants) as to which Mr. Belson has sole
voting and investment power and 215,600 shares owned by his family members
below over which they have granted to him revocable powers of attorney.
Consequently, Mr. Belson may be deemed to share voting and investment power
over such 215,600 shares.
(2) Jerome Belson is the President and a director of the Foundation and,
consequently, may be deemed to be a beneficial owner of such shares.
Neither the filing of this Schedule nor any of its contents shall be deemed
to be an admission that Mr. Belson owns any shares of the Company
beneficially owned by the Foundation for purposes of Section 13(d) of the
Securities Exchange Act of 1934 or for any other purpose.
(3) Voting and investment power over these shares is shared with Jerome Belson
by reason of the named owner's grant to him of a power of attorney covering
such shares.
(d) Between June 30, 2002 and the date of this Amendment none of the
persons filing this Schedule 13D has effected any transactions in the Common
Stock of the Company except as set forth in Annex A hereto. All transactions
reported in Annex A were open market transactions.
25
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS is amended to add thereto the
following:
Exhibit 2 Written agreement relating to the filing of a joint
acquisition statement.
26
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, the
undersigned certify that the information set forth in this statement is true,
complete and correct.
Dated: September 13, 2002
/s/ Jerome Belson
----------------------------
Jerome Belson
The Jerome Belson Foundation
By: /s/ Jerome Belson
----------------------------
Jerome Belson, President
/s/ Maxine Belson
----------------------------
Maxine Belson
/s/ Marjorie Belson
----------------------------
Marjorie Belson
/s/ Brianne Goldstein
----------------------------
Brianne Goldstein
/s/ Joshua Goldstein
----------------------------
Joshua Goldstein
/s/ Toby Goldstein
----------------------------
Toby Goldstein
/s/ Jaclyn Belson
----------------------------
Jaclyn Belson
27
/s/ Jonathan Belson
----------------------------
Jonathan Belson
/s/ Matthew Belson
----------------------------
Matthew Belson
28
EXHIBIT 2
The undersigned hereby agree that the Schedule 13D and any amendments
thereto, filed by Jerome Belson, The Jerome Belson Foundation, Maxine Belson,
Marjorie Belson, Brianne Goldstein, Joshua Goldstein, Toby Goldstein, Jaclyn
Belson, Jonathan Belson and Matthew Belson under the Securities Exchange Act of
1934, (the "Act") reporting the beneficial ownership of shares of Common Stock
of Amplidyne, Inc. may be filed with the Securities and Exchange Commission
pursuant to Rule 13d-1(k)(1) under the Act on behalf of the undersigned.
Dated: September 13, 2002
/s/ Jerome Belson
----------------------------
Jerome Belson
The Jerome Belson Foundation
By: /s/ Jerome Belson
----------------------------
Jerome Belson, President
/s/ Maxine Belson
----------------------------
Maxine Belson
/s/ Marjorie Belson
----------------------------
Marjorie Belson
/s/ Brianne Goldstein
----------------------------
Brianne Goldstein
/s/ Joshua Goldstein
----------------------------
Joshua Goldstein
/s/ Toby Goldstein
----------------------------
Toby Goldstein
29
/s/ Jaclyn Belson
-----------------------------
Jaclyn Belson
/s/ Jonathan Belson
-----------------------------
Jonathan Belson
/s/ Matthew Belson
-----------------------------
Matthew Belson
30
ANNEX A
Date Transaction* Price Shares
---- ----------- ----- ------
Jerome Belson
8/5/02 Purchase $0.311 14,800
8/5/02 Purchase 0.309 200
8/9/02 Sale 0.305 3,000
8/12/02 Sale 0.299 20,000
8/13/02 Sale 0.289 20,000
8/14/02 Sale 0.279 20,000
8/15/02 Sale 0.197 3,900
8/16/02 Sale 0.200 500
8/16/02 Sale 0.250 8,100
8/16/02 Sale 0.200 25,000
Maxine Belson
7/31/02 Purchase 0.271 27,500
8/9/02 Purchase 0.318 2,000
8/12/02 Purchase 0.320 1,000
8/12/02 Purchase 0.301 20,000
8/13/02 Purchase 0.291 20,000
8/14/02 Purchase 0.281 20,000
8/15/02 Purchase 0.215 1,000
8/16/02 Purchase 0.252 8,100
Matthew Belson
8/6/02 Purchase 0.320 500
8/6/02 Purchase 0.280 24,000
8/6/02 Purchase 0.334 500
8/16/02 Purchase 0.201 25,000
Joshua Goldstein
7/31/02 Sale 0.262 27,500
Brianne Goldstein
8/6/02 Sale 0.271 25,000
Jonathan Belson
8/5/02 Sale 0.300 15,000
31