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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. __)*
MIM Corporation
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
553044108
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(CUSIP Number)
December 28, 1998
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(Date of Event Which Requires Filing
of this Statement)
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 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).
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EXPLANATORY NOTE
This Schedule 13G reflects the shared voting and dispositive power of
shares of Common Stock of MIM Corporation (the "Subject Company") between
Michael R. Erlenbach and John M. Slivka, trustee (the "Trustee") of the Michael
R. Erlenbach Flint Trust dated December 11, 1998 (the "Trust"). Mr. Slivka, as
Trustee of the Trust, has the power to direct the voting and disposition of the
shares of the Subject Company held of record by the Trust. Pursuant to the terms
of the Trust, which is irrevocable, upon the day occurring four months after the
date of the receipt of the first asset received by the Trustee or the day
occurring four months after the receipt of the first asset that is recontributed
to the Trust, the Trustee is required to distribute all assets of the Trust to
the trustees of the Michael R. Erlenbach Trust dated April 29, 1993, as amended,
of which Mr. Erlenbach is the sole trustee, if such trust is in existence, or if
not, to Mr. Erlenbach. The power to vote and dispose of the shares of the
Subject Company held by the Trust, therefore, alternates periodically between
Mr. Slivka and Mr. Erlenbach. Pursuant to a revocable letter of instructions
dated December 16, 1998, Mr. Erlenbach has instructed Mr. Slivka to treat the
shares of the Subject Company as recontributed to the Trust immediately upon
their distribution.
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CUSIP NO.:553044108
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(1) NAME OF REPORTING PERSON: John M. Slivka, Trustee, Michael R. Erlenbach
Flint Trust Dated December 11, 1998
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS:
------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [ ]
(b) [X]
(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION:
United States
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
(5) SOLE VOTING POWER:
0
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(6) SHARED VOTING POWER:
1,658,230
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(7) SOLE DISPOSITIVE POWER:
0
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(8) SHARED DISPOSITIVE POWER:
1,658,230
----------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
1,658,230
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(10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES:
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
8.8%
------------------------------------------------------------------------
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(12) TYPE OF REPORTING PERSON:
IN
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CUSIP NO.:553044108
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(1) NAME OF REPORTING PERSON: Michael R. Erlenbach
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS:
----------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [ ]
(b) [X]
(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION:
United States
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
(5) SOLE VOTING POWER:
324,969*
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(6) SHARED VOTING POWER:
1,658,230
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(7) SOLE DISPOSITIVE POWER:
0
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(8) SHARED DISPOSITIVE POWER:
1,983,199
----------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
1,983,199
----------------------------------------------------------------------
(10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES: [ ]
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
10.5%
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(12) TYPE OF REPORTING PERSON:
IN
-----------------------------------------------------------------------
* These shares are pledged to the issuer to secure contingent obligations of
Michael R. Erlenbach pursuant to an indemnification agreement entered into by
and among the issuer, Mr. Erlenbach and other persons in connection with the
merger of the issuer and Continental Managed Pharmacy Services, Inc.
(end of cover pages)
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ITEM 1(a) NAME OF ISSUER: MIM Corporation
ITEM 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
One Blue Hill Plaza, 15th Floor
Pearl River, New York 10965
ITEM 2(a) NAME OF PERSONS FILING:
John M. Slivka
Michael R. Erlenbach
ITEM 2(b) ADDRESS OF PRINCIPAL OFFICE OR, IF NONE, RESIDENCE:
John M. Slivka: 925 Euclid Avenue, Suite 2000
Cleveland, Ohio 44115
Michael R. Erlenbach: 5899 Chanteclair Drive, #226
Naples, Florida 34108
ITEM 2(c) CITIZENSHIP:
United States
ITEM 2(d) TITLE OF CLASS OF SECURITIES:
Common Stock
ITEM 2(e) CUSIP NUMBER:
553044108
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SECTIONS
240.13d-1(B) OR 240.13d-2(B) OR (C), CHECK WHETHER
THE PERSON FILING IS A:
(a) [ ] BROKER OR DEALER REGISTERED UNDER SECTION 15 OF THE
ACT.
(b) [ ] BANK AS DEFINED IN SECTION 3(a)(6) OF THE ACT.
(c) [ ] INSURANCE COMPANY AS DEFINED IN SECTION 3(a)(19) OF
THE ACT.
(d) [ ] INVESTMENT COMPANY REGISTERED UNDER SECTION 8 OF
THE INVESTMENT COMPANY ACT OF 1940.
(e) [ ] AN INVESTMENT ADVISER IN ACCORDANCE WITH SECTION
240.13d-1(b)(1)(ii)(E).
(f) [ ] AN EMPLOYEE BENEFIT PLAN OR ENDOWMENT FUND IN
ACCORDANCE WITH SECTION 240.13d-1(b)(1)(ii)(F).
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(g) [ ] A PARENT HOLDING COMPANY OR CONTROL PERSON, IN ACCORDANCE WITH SECTION
240.13d-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 OF 1940.
(j) [ ] GROUP, IN ACCORDANCE WITH SECTION 240.13d-1(b)(1)(ii)(J).
ITEM 4. OWNERSHIP.
(a) AMOUNT BENEFICIALLY OWNED: See Item 9 of
cover pages.
(b) PERCENT OF CLASS: See Item 11 of cover
pages.
(c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(i) SOLE POWER TO VOTE OR TO DIRECT THE VOTE:
See Item 5 of cover pages.
(ii) SHARED POWER TO VOTE OR TO DIRECT THE VOTE:
See Item 6 of cover pages.
(iii) SOLE POWER TO DISPOSE OR TO DIRECT THE
DISPOSITION OF:
See Item 7 of cover pages.
(iv) SHARED POWER TO DISPOSE OR TO DIRECT THE
DISPOSITION OF:
See Item 8 of cover pages.
ITEM 5. OWNERSHIP OF 5 PERCENT OR LESS OF A CLASS.
Not Applicable.
ITEM 6. OWNERSHIP OF MORE THAN 5 PERCENT ON BEHALF OF
ANOTHER PERSON.
Pursuant to the Trust, the Trustee is required to pay
or apply to or for the benefit of Michael R.
Erlenbach, during his lifetime, the dividends derived
from the Shares. In addition, Mr. Erlenbach is
entitled under the terms of the Trust to receive the
proceeds from the sale of the Shares under certain
defined circumstances.
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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.
ITEM 10. CERTIFICATION.
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.
Date: April 22, 1999
/s/ John M. Slivka
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Signature
John M. Slivka
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Name
Date: April 22, 1999
/s/ Michael R. Erlenbach*
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Signature
Michael R. Erlenbach
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Name
*By: /s/ GLENN E. MORRICAL
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Attorney-in -Fact
Pursuant to power of attorney
previously filed
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EXHIBIT INDEX
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Number Description Of Document
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99.1 Power of Attorney (incorporated by reference from the Schedule 13G
filed by Michael R. Erlenbach on September 3, 1998)
99.2 Agreement between John M. Slivka, trustee of the Michael R. Erlenbach
Flint Trust dated December 11, 1998 and Michael R. Erlenbach.
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EXHIBIT 99.2
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AGREEMENT
April 21, 1999
John M. Slivka, trustee ("Trustee") of the Michael R. Erlenbach Flint Trust
dated December 11, 1998 and Michael R. Erlenbach ("Erlenbach") hereby agree to
file a joint statement on Schedule 13G under the Securities Exchange Act of 1934
(the "Act") in connection with their beneficial ownership of shares of Common
Stock of MIM Corporation.
Trustee and Erlenbach state that they are each entitled to individually use
Schedule 13G pursuant to Rule 13d-1(c) of the Act.
Trustee and Erlenbach are each responsible for the timely filing of the
statement and any amendments thereto, and for the completeness and accuracy of
the information concerning each of them contained therein but are not
responsible for the completeness or accuracy of the information concerning the
other.
/s/ John M. Slivka
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John M. Slivka, Trustee of the
Michael R. Erlenbach Flint Trust dated December 11, 1998
/s/ Michael R. Erlenbach
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Michael R. Erlenbach