SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
WORLDS.COM, INC.
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(Name of Issuer)
Common Stock, $0.001 Par Value
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(Title of Class of Securities)
981918105
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(CUSIP Number)
March 22, 2000
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(Date of Event Which Requires Filing of this Statement)
Dion R. Friedland
28 Sloane Street
Flat #8
London SWIX9NE
United Kingdom
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
- with copies to -
Michael G. Tannenbaum, Esq.
Tannenbaum Helpern Syracuse & Hirschtritt
900 Third Avenue - 13th Floor
New York, New York 10022
(212) 508-6700
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[_] Rule 13d-1(b)
[X] Rule 13d-1(c)
[_] Rule 13d-1(d)
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 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).
CUSIP No. 981918105
________________________________________________________________________________
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Dion R. Friedland
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Republic of South Africa
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 3,430,707 Shares
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 0
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 3,430,707 Shares
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH 0
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,430,707 Shares
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(See Instructions)
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
17.86% of Common Stock
________________________________________________________________________________
12. TYPE OF REPORTING PERSON (See Instructions)
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 6 Pages
CUSIP No. 981918105
________________________________________________________________________________
Item 1(a). Name of Issuer:
WORLDS.COM, INC. (the "Issuer")
________________________________________________________________________________
Item 1(b). Address of Issuer:
WORLDS.COM, INC.
15 Union Wharf
Boston, MA 02109
________________________________________________________________________________
Item 2(a). Name of Person Filing:
Dion R. Friedland
________________________________________________________________________________
Item 2(b). Address of Principal Business Office, or if None, Residence:
The address of the reporting person is:
28 Sloane Street
Flat #8
London SWIX9NE
United Kingdom
________________________________________________________________________________
Item 2(c). Citizenship:
Republic of South Africa
________________________________________________________________________________
Item 2(d). Title of Class of Securities:
Common Stock, $0.001 Par Value
________________________________________________________________________________
Item 2(e). CUSIP Number:
981918105
________________________________________________________________________________
Page 3 of 6 Pages
CUSIP No. 981918105
Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b)
or (c), Check Whether the Person Filing is a:
(a) [_] Broker or dealer registered under Section 15 of the Exchange Act.
(b) [_] Bank as defined in Section 3(a)(6) of the Exchange Act.
(c) [_] Insurance company as defined in Section 3(a)(19) of the Exchange
Act.
(d) [_] Investment company registered under Section 8 of the Investment
Company Act.
(e) [_] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
(f) [_] An employee benefit plan or endowment fund in accordance with
Rule 13d-1(b)(1)(ii)(F);
(g) [_] A parent holding company or control person in accordance with
Rule 13d-1(b)(1)(ii)(G);
(h) [_] A savings association as defined in Section 3(b) of the Federal
Deposit Insurance Act;
(i) [_] A church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment
Company Act;
(j) [_] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
Page 4 of 6 Pages
CUSIP No. 981918105
Item 4. Ownership.
(a) Amount Beneficially Owned:
As of February 9, 2001, the aggregate of 3,430,707 shares of the
Issuer were beneficially owned by: (i) Giant Trading, Inc., a
Panamanian corporation, and Hesperus XIX N.V., a Netherlands Antilles
corporation, each solely controlled by Mr. Friedland; (ii) the
following British Virgin Islands corporations advised by Magnum Fund
Management Ltd. of which Mr. Friedland is the chairman: Magnum Select
Fund Ltd. and Spectrum Galaxy Fund Ltd.; and (iii) Rosebud Capital
Growth Fund Ltd., a British Virgin Islands corporation which is
advised by Rosebud Fund Management Ltd., which is advised by Mr.
Friedland as director. Mr. Friedland disclaims beneficial ownership of
the shares in which he has no pecuniary interest.
(b) Percent of Class:
17.86%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote ,
3,430,707 Shares
(ii) Shared power to vote or to direct the vote ,
0
(iii) Sole power to dispose or to direct the disposition of ,
3,430,707 Shares
(iv) Shared power to dispose or to direct the disposition of
0
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial owner
of more than five percent of the class of securities, check the
following |_|.
Item 6. Ownership of More Than Five Percent on Behalf of Another Person.
Not applicable
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on by the Parent Holding Company.
Not applicable
Item 8. Identification and Classification of Members of the Group.
Not applicable
Item 9. Notice of Dissolution of Group.
Not applicable
Page 5 of 6 Pages
CUSIP No. 981918105
Item 10. Certifications.
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.
2/9/01
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Date
/s/ Dion R. Friedland
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Signature
Dion R. Friedland
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Name/Title
Page 6 of 6 Pages