SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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SCHEDULE 13D
INFORMATION TO BE INCLUDED IN STATEMENTS FILED
PURSUANT TO RULE 13d-1(a) AND AMENDMENTS
THERETO FILED PURSUANT TO RULE 13d-2(a)
(Amendment No.__)
mPhase Technologies Inc.
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(Name of issuer)
COMMON STOCK, NO PAR VALUE
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(Title of class of securities)
62472C 10 2
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(CUSIP number)
Martin Smiley
mPhase Technologies Inc.
587 Connecticut Avenue
Norwalk, CT 06854
(203) 838-2741
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(Name, address and telephone number of person
authorized to receive notices and communications)
October 29, 2003
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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 / /
Note. Schedules filed in paper format shall include a signed original and
five copies of the schedule, including all exhibits. See Rule 13d-7 for other
parties to whom copies are to be sent.
(Continued on following pages)
(Page 1 of 5 Pages)
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1 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 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. 62472C 10 2 13D Page 1 of 5 pages
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
MARTIN SMILEY
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(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 ITEMS 2(d) OR 2(e) [_]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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7 SOLE VOTING POWER
NUMBER OF 3,841,051 inclusive of options, warrants and convertible
note to purchase 1,398,048 shares of common stock.
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
NONE
OWNED BY
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EACH 9 SOLE DISPOSITIVE POWER
REPORTING 3,841,051 inclusive of options, warrants and convertible
note to purchase 1,398,048 shares of common stock.
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
NONE
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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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)
5%
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14 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP No. 62472C 10 2 13D Page 3 of 5 pages
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The following constitutes the Schedule 13D filed by the undersigned (the
"Schedule 13D").
Item 1. Security and Issuer.
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This Statement on Schedule 13-D ("Statement") is filed with respect to
the Common Stock, no par value of mPhase Technologies Inc. (the "Issuer"),
whose principal executive offices are located at 587 Connecticut Avenue,
Norwalk, Connecticut 06854-0566. Such class of securities is hereinafter
referred to as "Common Stock."
Item 2. Identity and Background.
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Items 2(a), 2(b), 2(c) This Statement is filed by Martin Smiley. Mr.
Smiley is the Executive Vice President, Senior Counsel and Chief Financial
Officer. The principal place of business for mPhase Technologies Inc. is
587 Connecticut Avenue, Norwalk, Connecticut 06854-0566.
2(d), 2(e) During the past five years, Mr. Smiley has not been (a)
convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors) or (b) a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction as a result of which such
person 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.
2(f) Mr. Smiley is a United States citizen.
Item 3. Source and Amount of Funds or Other Consideration.
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Personal funds of Mr. Smiley
Item 4. Purpose of Transaction.
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Mr Smiley acquired the Common Stock as a personal investment. Mr.
Smiley does not have any current plans or proposals that relate to or would
result in any of the matters set forth in subparagraphs (a) - (j) of Item 4
of Schedule 13D.
Item 5. Interest in Securities of the Issuer.
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(a) and (b) Mr. Smiley beneficially owns an aggregate of 3,841,050
shares of Common Stock. Mr. Smiley has the sole power and the shared power
to vote or direct the vote and to dispose or direct the disposition of
those shares directly and beneficially owned thereby. Mr. Smiley
beneficially owns directly 1,398,048 shares and indirectly 1,398,048 shares
of Common Stock, inclusive of warrants/options and a convertible note,
representing in the aggregate 5.2% of the total outstanding shares of the
Common Stock.
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CUSIP No. 62472C 10 2 13D Page 4 of 5 pages
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5(c) There were no transactions in shares of Common Stock of the
Issuer by Mr. Smiley during the past sixty days.
5(d) No person other than Mr. Smiley is known to have the right to
receive, or the power to direct the receipt of dividends from, or proceeds
from the sale of, such shares of the Common Stock.
Item 5(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships With
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Respect to Securities of the Issuer.
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None
Item 7. Materials to be Filed as Exhibits.
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None.
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CUSIP No. 62472C 10 2 13D Page 5 of 5 pages
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SIGNATURES
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After due inquiry and to the best of his knowledge and belief, each of the
undersigned certifies that the information set forth in this statement is true,
complete and correct.
Dated: November 6, 2003 By: /S/ Martin Smiley
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Martin Smiley