SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
Conversion Services International, Inc.
--------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, $.001 par value per share
--------------------------------------------------------------------------------
(Title of Class of Securities)
21254R109
--------------------------------------------------------------------------------
(CUSIP Number)
Barry I. Grossman, Esq.
Ellenoff Grossman & Schole LLP
370 Lexington Avenue
New York, New York 10017
212-370-1300
--------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
January 30, 2004
--------------------------------------------------------------------------------
(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: |_|.
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.
CUSIP NO. 570 658 104 SCHEDULE 13D Page 2 of 4 Pages
--------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Glenn Peipert
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF, OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) |_|
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
150,000,000
--------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY --------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 150,000,000
WITH --------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
150,000,000
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |_|
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Approximately 25.3%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Item 1. Security and Issuer
This statement on Schedule 13D (this "Schedule 13D") relates to the common
stock, par value $.001 per share (the "Common Stock"), of Conversion Services
International, Inc., a Delaware corporation (the "Issuer"). The address of the
principal executive offices of the Issuer is 100 Eagle Rock Avenue, East
Hanover, New Jersey 07936.
Item 2. Identity and Background
(a) This Schedule 13D is being filed by Glenn Peipert (the "Reporting
Person" or "Mr. Peipert").
(b) Mr. Peipert's business address is Conversion Services International,
Inc., 100 Eagle Rock Avenue, East Hanover, New Jersey 07936.
(c) Mr. Peipert's present principal occupation is as Senior Vice President
and Chief Operating Officer of the Issuer.
(d), (e) During the past five (5) years, Mr. Peipert has not (i) been
convicted in a criminal proceeding or (ii) been a party to a civil proceeding of
a judicial or administrative body of competent jurisdiction and as a result of
such proceeding 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.
(f) Mr. Peipert is a citizen of the United States of America.
Item 3. Source and Amount of Funds or Other Consideration
On January 30, 2004, the Reporting Person became the beneficial owner of
150,000,000 shares of Common Stock as a result of the closing of the merger
contemplated by the Agreement and Plan of Reorganization dated as of August 21,
2003, as amended, by and among Conversion Services International, Inc., then a
privately-held Delaware corporation ("Old CSI"), the Issuer and LCS Acquisition
Corp., a direct, wholly owned subsidiary of the Issuer. As part of the
transaction, the Issuer changed its name to "Conversion Services International,
Inc." and the former stockholders of Old CSI obtained approximately 84.3% of the
outstanding Common Stock of the Issuer.
Item 4. Purpose of Transaction
Except as set forth in Item 5 hereof, the Reporting Person has no present
plan or proposal that relates to or would result in any matters referred to in
paragraphs (a) through (j) of Item 4 of Schedule 13D. However, the Reporting
Person reserves the right to formulate plans or proposals specified in
paragraphs (a) through (j) of Item 4 of Schedule 13D.
Item 5. Interest in Securities of the Issuer
(a), (b) The Reporting Person beneficially owns 150,000,000 shares of
Common Stock or 25.3% of the outstanding shares of Common Stock entitled to
vote. The Reporting Person has sole voting power of all the shares of Common
Stock he beneficially owns.
(c) The following table set forth a description of all transactions in
shares of Common Stock of the Issuer by the Reporting Person identified in Item
2 of this Schedule 13D effected during the past sixty days.
Number of Shares
Acquisition Purchased/
Date Acquired
----------- ------------
1/30/04 150,000,000
(d) Not applicable.
(e) Not applicable.
Item 6. Contracts Arrangements, Understandings or Relationships with Respect to
Securities of the Issuer
None.
Item 7. Material to be Filed as Exhibits
None.
Signature
After reasonable inquiry, and to the best of my knowledge and belief, the
undersigned certifies that the information set forth in this statement is true,
complete and correct.
Dated: February 9, 2004 /s/ Glenn Peipert
----------------------------------------
Glenn Peipert