SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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SCHEDULE 13D
(Rule 13d-101)
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No.1)*
MIM Corporation
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(Name of Issuer)
Common Stock $.0001 Par Value Per Share
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(Title of Class of Securities)
553 044-10-8
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(CUSIP Number)
Abba David Poliakoff, Esquire
Gordon, Feinblatt, Rothman, Hoffberger & Hollander, LLC
233 E. Redwood Street,
Baltimore, Maryland 21202
(410) 576-4067
Stephen Hamilton, Esquire
Skadden, Arps, Slate, Meagher & Flom, LLP
1440 New York Avenue N.W.
Washington, DC 20005-2107
(202) 371-7010
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
June 6, 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 13G
to report the acquisition which is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1 (e), 13d-1(f) or 13d-1(g), check the
following box |X|.
Note: Schedules filed in paper format shall include a signed
original and five copies of the schedule, including all exhibits. See Rule
13d-7(b) 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 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 (however, see
the Notes).
SCHEDULE 13D
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CUSIP NO. 553 044-10-8 PAGE 2 OF 5
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Livingston Group LLC* 52-2248950
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b) |_|
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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
ITEM 2(d) OR 2(e)
[_]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Maryland
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NUMBER OF 7 SOLE VOTING POWER
SHARES 2,697,947
BENEFICIALLY ----------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 0
REPORTING ----------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER
2,697,947
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10 SHARED DISPOSITIVE POWER
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,697,947
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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)
13.21%
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14 TYPE OF REPORTING PERSON
OO
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-------------------- * Livingston Group LLC is a Maryland limited liability
company which acted as the "Designated Seller" in a Purchase Agreement between
the issuer and American Disease Management Associates, L.L.C., and which
acquired the shares referred to above in that transaction. The members of
Livingston Group, LLC are: John Chay, Bruce Blake, Elizabeth Williams, Sal
Rafanelli, George Brown and family (David Brown, Christopher Brown, Kathy
Noonan and Regina Brown).
SCHEDULE 13D
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CUSIP NO. 553 044-10-8 PAGE 3 OF 5
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
John Chay
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b) |_|
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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
ITEM 2(d) OR 2(e)
[_]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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NUMBER OF 7 SOLE VOTING POWER
SHARES 2,697,947*
BENEFICIALLY ----------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 0
REPORTING ----------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER
2,697,947*0
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10 SHARED DISPOSITIVE POWER
----------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,697,947
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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)
13.21%
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14 TYPE OF REPORTING PERSON
IN
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* Represents shares owned by Livingston Group, LLC, of which Mr. Chay is the
managing member and the controlling member of the entity by virtue of his
ownership of 50% of the membership interests of the entity.
SCHEDULE 13D
This Amendment No. 1 amends the Statement on Schedule 13D filed on May 16,
2001 (as amended, the "Schedule 13D") by and on behalf of Livingston Group, LLC
and John Chay (collectively the "Reporting Person") in respect of the shares of
common stock of MIM Corporation (the "Issuer").
Except as otherwise indicated, capitalized terms used herein and not
defined herein have the meanings ascribed thereto in the Schedule 13D filed on
May 16, 2001 (the "Initial Filing"). As used herein, the "Issuer" shall mean MIM
Corporation.
Item 4. Purpose of Transaction
Item 4 of the Initial Filing is hereby amended by adding the following
paragraph at the end thereof:
Over the past several weeks, the Reporting Person has had a number of
communications with the Issuer regarding, among other things, the Reporting
Person's nomination of three persons for election to the Issuer's Board of
Directors. The Reporting Person has not been successful in resolving its
outstanding issues with the Issuer and the parties have not reached a mutually
satisfactory agreement. On June 6, 2001, the Reporting Person delivered a Notice
of Demand notifying the Issuer that the Reporting Person was exercising its
rights under the Registration Rights Agreement dated August 3, 2000 between the
Issuer and the Reporting Person to require the Issuer to file a registration
statement with the SEC for the shares of the Issuer's common stock held by the
Reporting Person.
Page 4 of 5
SIGNATURES
After reasonable inquiry and to the best of their knowledge and belief, the
undersigned certify that the information set forth in this statement is true,
complete and correct.
Dated: June 8, 2001 THE LIVINGSTON GROUP LLC
By:/s/ John Chay
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John Chay, Managing Member
/s/ John Chay
______________________________________
John Chay, individually
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