SEC Info - Lovito Matthew J - ‘SC 13D’ on 10/9/01 re: Raptor Investments Inc

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Lovito Matthew J – ‘SC 13D’ on 10/9/01 re: Raptor Investments Inc

On: Tuesday, 10/9/01 · Accession #: 1133884-1-500604 · File #: 5-53641

  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

10/09/01  Lovito Matthew J                  SC 13D                 1:32K  Raptor Investments Inc            Georgeson Shareholder/FA

General Statement of Beneficial Ownership — Schedule 13D
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13D      General Statement of Beneficial Ownership             10     52K 

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 UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

SCHEDULE 13D

UNDER THE SECURITIES ACT OF 1934

Paramark Enterprises, Inc.
--------------------------
(Name of Issuer)

 Common Stock, $0.01 par value
 -----------------------------
(Title of Class of Securities)

 699163 10 1
(CUSIP Number)

 Matthew J. Lovito
2855 North University Drive, Suite 320
 Coral Springs, Florida 33065 (954) 346-5799
 -------------------------------------------
 (Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications

 August 22, 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 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.                                                                           

* 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 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.

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CUSIP NO.  699163 10 1                                   13D                                                          
                                                                               Page 2 of 10                           
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-------- -------------------------------------------------------------------------------------------------------------
                                                                                                                      
   1     NAME OF REPORTING PERSONS.  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)                      

                  Matthew J. Lovito                                                                                   

-------- -------------------------------------------------------------------------------------------------------------
-------- ------------------------------------------------------------------------------------- -----------------------
   2     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)                       (a)   / /          
                                                                                                   (b)   /X/          

-------- ------------------------------------------------------------------------------------- -----------------------
-------- -------------------------------------------------------------------------------------------------------------
   3     SEC USE ONLY                                                                                                 

-------- -------------------------------------------------------------------------------------------------------------
-------- -------------------------------------------------------------------------------------------------------------
   4     SOURCE OF FUNDS (See Instructions)         00                                                                

-------- -------------------------------------------------------------------------------------------------------------
-------- -------------------------------------------------------------------------------------------------------------
   5     CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS                                       
         2(d) OR 2(e)                                                                                    / /          

-------- -------------------------------------------------------------------------------------------------------------
-------- -------------------------------------------------------------------------------------------------------------
   6     CITIZENSHIP OR PLACE OF ORGANIZATION                                                                         

         FL                                                                                                           

-------- -------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------
   NUMBER OF SHARES      7    SOLE VOTING POWER                                                                       
BENEFICIALLY OWNED BY                                                                                                 
EACH REPORTING PERSON         150,000                                                                                 
         WITH                                                                                                         
----------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------
                         8    SHARED VOTING POWER                                                                     

----------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------
                         9    SOLE DISPOSITIVE POWER                                                                  

                              150,000                                                                                 

----------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------
                         10   SHARED DISPOSITIVE POWER                                                                

----------------------------------------------------------------------------------------------------------------------
-------- -------------------------------------------------------------------------------------------------------------
  11     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON                                                 

         150,000                                                                                                      

-------- -------------------------------------------------------------------------------------------------------------
-------- -------------------------------------------------------------------------------------------------------------
  12     CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)*                        

                                                                                                         /X/          
-------- -------------------------------------------------------------------------------------------------------------
-------- -------------------------------------------------------------------------------------------------------------
  13     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)                                                           

         3.6%                                                                                                         

-------- -------------------------------------------------------------------------------------------------------------
-------- -------------------------------------------------------------------------------------------------------------
  14     TYPE OF REPORTING PERSON (See Instructions)                                                                  

         IN                                                                                                           
-------- -------------------------------------------------------------------------------------------------------------
*  See Item 5                                                                                                         

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CUSIP NO.  699163 10 1                                   13D                                                          
                                                                               Page 3 of 10                           
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-------- -------------------------------------------------------------------------------------------------------------
                                                                                                                      
   1     NAME OF REPORTING PERSONS.  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)                      

                  Marc A. Lovito                                                                                      

-------- -------------------------------------------------------------------------------------------------------------
-------- ------------------------------------------------------------------------------------- -----------------------
   2     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)                       (a)   / /          
                                                                                                   (b)   /X/          

-------- ------------------------------------------------------------------------------------- -----------------------
-------- -------------------------------------------------------------------------------------------------------------
   3     SEC USE ONLY                                                                                                 

-------- -------------------------------------------------------------------------------------------------------------
-------- -------------------------------------------------------------------------------------------------------------
   4     SOURCE OF FUNDS (See Instructions)         00                                                                

-------- -------------------------------------------------------------------------------------------------------------
-------- -------------------------------------------------------------------------------------------------------------
   5     CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS                                       
         2(d) OR 2(e)                                                                                    / /          

-------- -------------------------------------------------------------------------------------------------------------
-------- -------------------------------------------------------------------------------------------------------------
   6     CITIZENSHIP OR PLACE OF ORGANIZATION                                                                         

         FL                                                                                                           

-------- -------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------
                         7    SOLE VOTING POWER                                                                       

                              150,000                                                                                 

                       -----------------------------------------------------------------------------------------------
                       -----------------------------------------------------------------------------------------------
                         8    SHARED VOTING POWER                                                                     
   NUMBER OF                                                                                                          
    SHARES                                                                                                            
  BENEFICIALLY                                                                                                        
   OWNED BY            -----------------------------------------------------------------------------------------------
     EACH              -----------------------------------------------------------------------------------------------
   REPORTING             9    SOLE DISPOSITIVE POWER                                                                  
    PERSON                                                                                                            
     WITH                     150,000                                                                                 

                       -----------------------------------------------------------------------------------------------
                       -----------------------------------------------------------------------------------------------
                         10   SHARED DISPOSITIVE POWER                                                                

----------------------------------------------------------------------------------------------------------------------
-------- -------------------------------------------------------------------------------------------------------------
  11     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON                                                 

         150,000                                                                                                      

-------- -------------------------------------------------------------------------------------------------------------
-------- -------------------------------------------------------------------------------------------------------------
  12     CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)*                        

                                                                                                         /X/          
-------- -------------------------------------------------------------------------------------------------------------
-------- -------------------------------------------------------------------------------------------------------------
  13     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)                                                           

         3.6%                                                                                                         

-------- -------------------------------------------------------------------------------------------------------------
-------- -------------------------------------------------------------------------------------------------------------
  14     TYPE OF REPORTING PERSON (See Instructions)                                                                  

         IN                                                                                                           
-------- -------------------------------------------------------------------------------------------------------------
* See Item 5.                                                                                                         

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CUSIP NO.  699163 10 1                                   13D                                                          
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   1     NAME OF REPORTING PERSONS.  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)                      

                  Paul F. Lovito, Jr.                                                                                 

-------- -------------------------------------------------------------------------------------------------------------
-------- ------------------------------------------------------------------------------------- -----------------------
   2     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)                      (a)    / /          
                                                                                                  (b)    /X/          

-------- ------------------------------------------------------------------------------------- -----------------------
-------- -------------------------------------------------------------------------------------------------------------
   3     SEC USE ONLY                                                                                                 

-------- -------------------------------------------------------------------------------------------------------------
-------- -------------------------------------------------------------------------------------------------------------
   4     SOURCE OF FUNDS (See Instructions)         00                                                                

-------- -------------------------------------------------------------------------------------------------------------
-------- -------------------------------------------------------------------------------------------------------------
   5     CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS                                       
         2(d) OR 2(e)                                                                                    / /          

-------- -------------------------------------------------------------------------------------------------------------
-------- -------------------------------------------------------------------------------------------------------------
   6     CITIZENSHIP OR PLACE OF ORGANIZATION                                                                         

         FL                                                                                                           

-------- -------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------
                         7    SOLE VOTING POWER                                                                       

                              229,600                                                                                 

                       -----------------------------------------------------------------------------------------------
                       -----------------------------------------------------------------------------------------------
                         8    SHARED VOTING POWER                                                                     
    NUMBER OF                                                                                                         
      SHARES                                                                                                          
   BENEFICIALLY                                                                                                       
     OWNED BY          -----------------------------------------------------------------------------------------------
      EACH             -----------------------------------------------------------------------------------------------
    REPORTING            9    SOLE DISPOSITIVE POWER                                                                  
     PERSON                                                                                                           
      WITH                    229,600                                                                                 

                       -----------------------------------------------------------------------------------------------
                       -----------------------------------------------------------------------------------------------
                         10   SHARED DISPOSITIVE POWER                                                                

----------------------------------------------------------------------------------------------------------------------
-------- -------------------------------------------------------------------------------------------------------------
  11     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON                                                 

         229,600                                                                                                      

-------- -------------------------------------------------------------------------------------------------------------
-------- -------------------------------------------------------------------------------------------------------------
  12     CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)*                        

                                                                                                         /X/          
-------- -------------------------------------------------------------------------------------------------------------
-------- -------------------------------------------------------------------------------------------------------------
  13     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)                                                           

         5.6%                                                                                                         

-------- -------------------------------------------------------------------------------------------------------------
-------- -------------------------------------------------------------------------------------------------------------
  14     TYPE OF REPORTING PERSON (See Instructions)                                                                  

         IN                                                                                                           
-------- -------------------------------------------------------------------------------------------------------------
* See Item 5.                                                                                                         

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1.       SECURITY AND ISSUER.                                                   

         This Statement relates to the common stock ("Common Stock") of Paramark
Enterprises, Inc., a Delaware corporation (the "Issuer"). The address of the    
Issuer's principal executive offices is 167 Main Street, Hackensack, New Jersey 
07601.                                                                          

2.       IDENTITY AND BACKGROUND.                                               

   This Statement is being filed by the Messrs. Paul F. Lovito, Jr.,
Matthew J. Lovito and Marc A. Lovito (collectively, the "Lovitos"). The filing  
of this Statement shall not be construed as an admission that for the purposes  
of Section 13(d) or 13(g) of the Securities Exchange Act of 1934, as amended    
(the "Exchange Act"), the Lovitos are the beneficial owners of any securities   
covered by this Statement, or that this schedule is required to be filed by such
entities or persons or that such entities or persons constitute a group within  
the meaning of Section 13(d)(3) of the Exchange Act.                            

       The business address for each of the Lovitos is 2855 North University
Drive, Suite 320, Coral Springs, FL 33065.                                      

PAUL F. LOVITO, JR. has been President and Chairman of LBI Group, Inc., a       
business consulting company, since June 1994. Mr. Lovito is Chairman and Chief  
Executive Officer of LBI Properties, Inc., a development stage real estate      
holding company, a position he has held since February 1998. He also serves as  
Chairman of LBI EWeb Communities, Inc., an internet holding company, a position 
he had held since June 2000. Mr. Lovito has been the Chairman and President of  
LBI Asset Management, LP, a Delaware partnership which provides management      
services to the related companies, a position he had held since July 1998. Mr.  
Lovito is also the general partner in LBI Capital Partners, LP, a hedge fund, a 
position he has held since July 1998. All of the foregoing entities are located 
in Coral Springs, Florida.                                                      

MATTHEW J. LOVITO has been a Vice President with LBI Group, Inc. since June     
1994. In addition, Mr. Lovito is a Vice President of LBI Properties, Inc. and   
LBI EWeb Communities, Inc., positions he has held since February 1998 and June  
2000. Mr. Lovito is also a partner in LBI Asset Management LP and LBI Capital   
Partners LP, positions he has held since July 1998.                             

MARC A. LOVITO has been a Vice President with LBI Group, Inc., since June 1994. 
Mr. Lovito is President of LBI Properties, Inc., a position he has held since   
February 1998, and Vice President of LBI EWeb Communities, Inc. Mr. Lovito is   
also a partner in LBI Asset Management LP and LBI Capital Partners LP, positions
he has held since July 1998.                                                    

      (d)      CRIMINAL  CONVICTIONS.  During the last five years, none of
the Lovitos have been convicted in a criminal proceeding, excluding traffic     
violations and similar misdemeanors.                                            

      (e) COURT OR ADMINISTRATIVE PROCEEDINGS. During the last five years,
none of the Lovitos have been a party to a civil proceeding of a judicial or    
administrative body of competent jurisdiction as a result of which 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.                             

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       (f)      CITIZENSHIP.  Each of the Lovitos are residents of the State
of Florida and citizens of the United States of America.                        

3.       SOURCE AND AMOUNTS OF FUNDS AND OTHER CONSIDERATION.                   

   Pursuant to the terms of the Amended and Restated Agreement dated
August 22, 2001, (the "Agreement"), between the Issuer, the Lovitos, Charles N. 
Loccisano, the Chairman of the Company, and Alan S. Gottlich, President and     
Chief Financial Officer of the Company, the Company agreed to sell 500,000      
shares of its Common Stock to the Lovitos for an aggregate purchase price of    
$30,000 (the "Share Purchase Transaction"). The Lovitos used personal funds to  
pay the purchase price for the shares. The Share Purchase Transaction was       
completed on August 22, 2001.                                                   

4.       PURPOSE OF TRANSACTION.                                                

    The acquisition of the shares of Common Stock of the Issuer by the
Lovitos is for investment purposes. The Agreement provides that 30 days         
following the consummation of the Share Purchase Transaction, the Company's     
current officers and directors will resign and will be replaced by directors and
officers selected by the Lovitos. The change in the Board of Directors and      
management following the consummation of the Share Purchase Transaction will    
result in a change of control. Pursuant to the terms of the Agreement, the      
change in the board occurred on September 22, 2001. In addition, on September   
26, 2001, Paul Lovito became Chairman, President and Chief Executive Officer of 
the Issuer, Marc Lovito became Vice President and Secretary and Matthew Lovito  
is the Treasurer and Chief Financial officer of the Issuer.                     

     As directors and officers of the Issuer, the Lovitos will regularly
explore potential actions and transactions which may be advantageous to the     
Issuer, including possible mergers, acquisitions, reorganizations or other      
material changes in the business, corporate structure, management, policies,    
governing instruments, securities or regulatory or reporting obligations of the 
Issuer.                                                                         

        The Agreement also provides that within 12 months after the completion
of the Share Purchase Transaction, the Lovitos shall cause Paramark to make an  
offer to all holders of the outstanding shares of the Company's common stock to 
repurchase their shares at a price of $0.20 per share through a tender offer    
provided the market bid price of the Common Stock is not greater than $0.20 per 
share for any consecutive 30 day period during the one year period following the
closing of the Share Purchase Transaction. As a result, no assurance can be     
given that the repurchase will be commenced or that the repurchase will occur on
the terms described herein. If the foregoing offer to shareholders is required  
and the Lovitos do not fulfill their obligations in connection therewith, the   
Agreement provides that the Lovitos shall take all actions necessary to add four
new members to the Board selected by Messrs. Loccisano and Gottlich.            

         The Agreement also provides that each of Messrs. Loccisano and Gottlich
has the right to require the Lovitos to purchase or Paramark to repurchase up to
one-half of their Paramark shares on the 60th day after the earlier of: (i) the 
completion of a 30 consecutive trading day period where the Company's common    
stock had a bid price of $0.20 per share or higher during the one year period   
following the consummation of the Share Purchase Transaction; or (ii) the       
completion of the Company's repurchase, described above. The purchase price paid
by the                                                                          

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Company or the Lovitos for the Loccisano and Gottlich shares will be $0.20 per  
share. At September 20, 2001, Messrs. Gottlich and Loccisano beneficially owned 
1,431,924 and 187,339 shares, respectively, of Paramark common stock.           

        The obligations of Paramark under the Agreement are also secured by an
Agreement between the Lovitos and Messrs. Loccisano and Gottlich which provides 
that Messrs. Loccisano and Gottlich may designate four new board members if the 
Lovitos fail to fulfill their obligations under the Agreement and the Lovitos   
agree to take all corporate actions necessary to add such individuals to the    
board.                                                                          

     The Issuer will seek to become a diversified holding company with a
primary focus on providing corporate financial consulting services to various   
business entities and the acquisition, management, sale and lease of real       
estate. The Issuer will also seek to enhance shareholder value through the      
acquisition of and spinning off to shareholders various private companies. No   
assurance can be given as to whether or in what form the acquisition and spin   
off of these companies will occur.                                              

 Except as discussed above, the Lovitos have no present 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
Issuer, or the disposition of securities of the Issuer;                         

    (b)      An extraordinary corporate transaction, such as a merger,
reorganization or liquidation, involving the Issuer or any of its subsidiaries; 

   (c)      A sale or transfer of a material amount of assets of the
Issuer or any of its subsidiaries;                                              

       (d) Any change in the present board of directors or management of the
Issuer, including any plans or proposals to change the number or term of the    
directors or to fill any existing vacancies of the board;                       

        (e)      Any material change in the present capitalization or dividend
policy of the Issuer;                                                           

(f)      Any other material change in the Issuer's business or
corporate structure;                                                            

 (g)      Changes in the Issuer's charter, bylaws or instruments
corresponding thereto or other actions which may impede the acquisition of      
control of the Issuer by any person;                                            

       (h) Causing a class of securities of the Issuer to be delisted from a
national securities exchange or to cease to be authorized to be quoted in an    
inter-dealer quotation system of a registered national securities association;  

       (i)      A class of eligible equity securities of the issuer becoming
eligible for termination of registration pursuant to Section 12(g)(4) of the    
Exchange Act; or                                                                

(j)      Any action similar to those enumerated above.        

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5.       INTEREST IN SECURITIES OF THE ISSUER.                                  

MATTHEW J. LOVITO                                                               

      (a) As of the date hereof, Matthew J. Lovito may be deemed to be the
beneficial owner of 150,000 shares of Issuer's Common Stock, which represents   
3.6% of Issuer's outstanding Common Stock. Mr. Matthew Lovito disclaims         
beneficial ownership of the shares of Common Stock held by his brothers, Paul   
and Marc Lovito.                                                                

         (b) Mr. Matthew Lovito has sole voting power and sole dispositive power
with respect to the 150,000 shares of Common Stock held by him.                 

(c) Except for the 150,000 shares acquired with personal funds
described on August 22, 2001 in a private transaction with the Issuer described 
above, Mr. Matthew J. Lovito does not own beneficially any shares of Common     
Stock of Issuer and has not effected any transaction in shares of Common Stock  
of Issuer during the 60 days preceding the date of this Statement.              

(d) None.                                                     

(e) Not applicable.                                           

MARC A. LOVITO                                                                  

   (a) As of the date hereof, Marc A. Lovito may be deemed to be the
beneficial owner of 150,000 shares of Issuer's Common Stock, which represents   
3.6% of Issuer's outstanding Common Stock. Mr. Marc Lovito disclaims beneficial 
ownership of the shares of Common Stock held by his brothers, Paul and Matthew  
Lovito.                                                                         

      (b) Mr. Marc Lovito has sole voting power and sole dispositive power
with respect to the 150,000 shares of Common Stock held by him.                 

(c) Except for the 150,000 shares acquired with personal funds
described on August 22, 2001 in a private transaction with the Issuer described 
above, Mr. Marc Lovito does not own beneficially any shares of Common Stock of  
Issuer and has not effected any transaction in shares of Common Stock of Issuer 
during the 60 days preceding the date of this Statement.                        

(d) None.                                                     

(e) Not applicable.                                           

PAUL F. LOVITO, JR.                                                             

      (a) As of the date hereof, Paul F. Lovito,  Jr., may be deemed to be
the beneficial owner of 229,600 shares of Issuer's Common Stock, which          
represents 5.6% of Issuer's outstanding Common Stock. Mr. Paul Lovito disclaims 
beneficial ownership of the shares of Common Stock held by his brothers, Matthew
and Marc Lovito.                                                                

     (b) Mr. Paul Lovito has sole voting and sole dispositive power with
respect to 200,000 shares of Common Stock beneficially owned by him. Mr. Paul   
Lovito also has sole                                                            

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voting and sole dispositive power over 6,000 shares held by a partnership, in   
which he is a general partner. As trustee of a trust established for the benefit
of his minor daughter, Mr. Paul Lovito also has sole voting and sole dispositive
power over 23,600 shares held in such trust.                                    

      (c) Of the 229,600 shares described above beneficially owned by Paul
Lovito: 200,000 shares were acquired on August 22, 2001 from the Issuer in a    
private transaction utilizing personal funds; 6,000 shares were acquired on June
13, 2001 in the open market utilizing personal funds; and 23,6000 shares were   
acquired on June 13, 2001 in the open market utilizing funds from a trust       
described below.                                                                

       Except as described herein, Paul Lovito does not own beneficially any
shares of Common Stock of Issuer and has not effected any transaction in shares 
of Common Stock of Issuer during the 60 days preceding the date of this         
Statement.                                                                      

         (d) Mr. Paul Lovito has the right to receive or the power to direct the
receipt of dividends with respect to 200,000 shares of Common Stock beneficially
owned by him. The partnership in which Mr. Paul Lovito is a general partner has 
the right to receive or the power to direct the receipt of dividends with       
respect to 6,000 shares. The trust which holds 23,600 shares of Common Stock for
the benefit of Mr. Paul Lovitos' minor daughter has the right to receive        
dividends with respect to those shares and, as trustee, Mr. Paul Lovito has the 
power to direct the receipt of dividends with respect to the 23,600 shares held 
in this trust.                                                                  

(e) Not applicable.                                           

6.       CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT  
TO SECURITIES OF THE ISSUER.                                  

      Other than as indicated elsewhere in this Statement, the Lovitos are
not a party to any contract, arrangement, understanding, or relationship (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 Issuer's     
securities, finder's fees, joint ventures, loan or option arrangements, puts or 
calls, guarantees of profits, division of profits or loss, or the giving or     
withholding of proxies.                                                         

7.       MATERIAL TO BE FILED AS EXHIBITS:                                      

    Exhibit A:        Amended and Restated Agreement, dated August 22,
                     2001, among the Issuer, the Lovitos, Charles N.
                  Loccisano and Alan Gottlich (Incorporated by
                       reference to Exhibit 99.2 to the Issuer's Current
                 Report on Form 8-K, dated August 22, 2001).

Exhibit B:        Agreement Related to Joint Filing dated     
                      September 22, 2001 (Included on Signature Page).

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 Signatures and Joint Filing Statement

After reasonable inquiry and to the best of the undersigned's knowledge and     
belief, the undersigned certifies that the information set forth in this        
statement is true, complete and correct.                                        

   As required by Rule 13d-1(f) promulgated under the Securities and
Exchange Act of 1934, each Reporting Person on whose behalf this statement is   
filed agrees that this Statement is filed on behalf of each of them. Each       
Reporting Person understands that they are responsible for the timely filing of 
this Statement and any amendments thereto and for the completeness and accuracy 
of the information concerning such Reporting Person contained herein; each      
Reporting Person understands that they are not responsible for the completeness 
or accuracy of the information concerning such Reporting Person contained       
herein; each Reporting Person or accuracy of the information concerning the     
other Reporting Persons making this filing unless such Reporting Person knows or
has reason to believe that such information is inaccurate. This Statement may be
executed in more that on counterpart.                                           

/s/ Matthew J. Lovito                                  Date:  September 26, 2001
--------------------------------------------                                    
Matthew J. Lovito                                                               

/s/ Marc A. Lovito                                     Date:  September 26, 2001
--------------------------------------------                                    
Marc A. Lovito                                                                  

/s/ Paul F. Lovito                                     Date:  September 26, 2001
--------------------------------------------                                    
Paul F. Lovito, Jr.                                                             

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Dates Referenced Herein and Documents Incorporated by Reference

		Referenced-On Page
This ‘SC 13D’ Filing	Date	First	Last	Other Filings

Filed on:	10/9/01
	9/26/01	6	10
	9/22/01	6	9	8-K
	9/20/01	7
	8/22/01	1	9	8-K
	6/13/01	9
				List all Filings

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Filing Submission 0001133884-01-500604 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Lovito Matthew J – ‘SC 13D’ on 10/9/01 re: Raptor Investments Inc

On: Tuesday, 10/9/01 · Accession #: 1133884-1-500604 · File #: 5-53641

General Statement of Beneficial Ownership — Schedule 13DFiling Table of Contents

Dates Referenced Herein and Documents Incorporated by Reference

General Statement of Beneficial Ownership — Schedule 13D
Filing Table of Contents