SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
(RULE 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(a)
(AMENDMENT NO.6)*
Sales Online Direct, Inc.
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(Name of Issuer)
Common Stock of the Par Value of $0.001 Per Share
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(Title of Class of Securities)
794661108
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(CUSIP Number)
Alan Richard Sachs, Esquire; West Road Corporate Center,
Suite 227, 110 West Road, Towson, Maryland 21204;
(410) 847-9100
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(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
September 21, 2001
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(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13D to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box |_|.
NOTE: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) for other parties to whom copies are to be
sent.
(Continued on following pages)
(Page 1 of 5 Pages)
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*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 (however, see the
Notes).
SCHEDULE 13D
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CUSIP NO. 794661108 PAGE 2 OF 5 PAGES
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Marc L. Stengel
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) x(1)
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3 SEC USE ONLY
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4 SOURCE OF FUNDS* OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) |_|
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6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America
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NUMBER OF 7 SOLE VOTING POWER
SHARES 9,238,119
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BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY -0-
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EACH 9 SOLE DISPOSITIVE POWER
REPORTING 9,238,119
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PERSON 10 SHARED DISPOSITIVE POWER
WITH -0-
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,238,119
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
|_|
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
14.3%
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14 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTION BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION
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(1) Footnote 1 to Item 2 of the Cover Page of Stengel's Schedule 13D, that was
filed on May 31, 2001, with the Securities and Exchange Commission is
incorporated by reference herein.
SCHEDULE 13D
ITEM 1. SECURITY AND ISSUER
This statement on Schedule 13D relates to the shares of common stock of
the par value of $0.001 per share (the "Common Stock") of Sales Online Direct,
Inc. (the "Company"), a Delaware corporation. The address of the Company's
principal executive offices is 4 Brussels Street, Worcester, Massachusetts
01610, as reported by the Company in the Company's Form 10-QSB filed with the
Securities and Exchange Commission (the "SEC") for the Company's fiscal quarter
ended March 31, 2001.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) As of the close of business on September 21, 2001, Stengel
beneficially owned 9,238,119 shares of the Common Stock of the Company, that
represented as of the close of business on September 21, 2001, 14.3% of the
issued and outstanding Common Stock of the Company, based on the 64,221,946
shares of Common Stock outstanding, as reported by the Company in the Company's
Form 10-QSB filed with the SEC for the Company's fiscal quarter ended June 30,
2001.
(b) Stengel has sole power to vote and sole power to dispose of all
shares of Common Stock of the Company beneficially owned by Stengel.
(c) A description of all transactions in the Common Stock of the
Company that were effected by Stengel since the most recent filing on Schedule
13D is set forth on Schedule A attached hereto and incorporated by reference
herein.
(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,
Stengel's shares of Common Stock of the Company.
(e) Not applicable.
Page 3 of 5 pages
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.
Date: September 28, 2001
By: /s/ MARC L. STENGEL
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Marc L. Stengel
Page 4 of 5 pages
SCHEDULE A
Schedule of Transactions in the Shares
No. of Price Per
Name Date Shares Sold Share(1)
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Common Stock,
Par Value $0.001
Per Share July 10, 2001 40,000 $0.024
10,000 0.025
July 11, 2001 50,000 0.024
July 12, 2001 20,000 0.023
20,000 0.024
10,000 0.025
July 13, 2001 19,000 0.021
1,000 0.025
July 23, 2001 50,000 0.025
July 27, 2001 60,000 0.025
August 1, 2001 20,000 0.024
August 14, 2001 40,000 0.021
August 15, 2001 40,000 0.021
August 17, 2001 50,000 0.021
August 27, 2001 10,000 0.027
August 28, 2001 15,000 0.025
20,000 0.026
September 4, 2001 20,000 0.024
September 10, 2001 55,000 0.002
1,000 0.017
September 17, 2001 20,000 0.015
22,000 0.016
September 20, 2001 2,000 0.016
20,000 0.0165
22,000 0.017
September 21, 2001 5,000 0.012
21,000 0.015
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(1) Does not include brokerage commission.
Page 5 of 5 pages