UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 3)
DCAP GROUP, INC.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
233065101
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(CUSIP Number)
Michael Feinsod Elliot Press, Esq.
Infinity Capital, LLC c/o Katten Muchin Rosenman LLP
767 Third Avemue 575 Madison Avenue
16th Floor New York, New York 10022
New York, New York 10017 (212) 940-6348
(212) 752-2777
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(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
January 4, 2007
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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 (b)(3) or (4), check the following box |_|.
Note: Six copies of this statement, including all exhibits, should be
filed with the Commission. See Rule 13d-1(a) 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 (the "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
CUSIP No. 233065101
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Infinity Capital Partners, L.P.
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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*
WC
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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
Delaware
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7 SOLE VOTING POWER
233,417 shares
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NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY
OWNED BY -----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 233,417 shares
WITH -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
233,417 shares
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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)
8.06%
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14 TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 8
SCHEDULE 13D
CUSIP No. 233065101
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Infinity Capital, LLC
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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*
N/A
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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
Delaware
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7 SOLE VOTING POWER
233,417 shares (comprised of shares held by Infinity
Capital Partners, L.P.)
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NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY
OWNED BY -----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 233,417 shares (comprised of shares held by Infinity
WITH Capital Partners, L.P.)
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10 SHARED DISPOSITIVE POWER
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
233,417 shares (comprised of shares held by Infinity Capital Partners,
L.P.)
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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)
8.06%
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14 TYPE OF REPORTING PERSON*
OO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 3 of 8
SCHEDULE 13D
CUSIP No. 233065101
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Infinity Management, LLC
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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*
N/A
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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
Delaware
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7 SOLE VOTING POWER
233,417 shares (comprised of shares held by Infinity
Capital Partners, L.P.)
-----------------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY
OWNED BY -----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 233,417 shares (comprised of shares held by Infinity
WITH Capital Partners, L.P.)
-----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
233,417 shares (comprised of shares held by Infinity Capital Partners,
L.P.)
--------------------------------------------------------------------------------
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)
8.06%
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14 TYPE OF REPORTING PERSON*
OO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 4 of 8
SCHEDULE 13D
CUSIP No. 233065101
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Michael Feinsod
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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*
N/A
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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
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7 SOLE VOTING POWER
233,417 shares (comprised of shares owned by Infinity
Capital Partners, L.P.)
-----------------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY
OWNED BY -----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 233,417 shares (comprised of shares owned by Infinity
WITH Capital Partners, L.P.)
-----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
233,417 shares (comprised of shares owned by Infinity Capital Partners,
L.P.)
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_|
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.06%
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14 TYPE OF REPORTING PERSON*
1N
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 5 of 8
This Amendment No. 3 amends the Statement on Schedule 13D relating
to the Common Stock (the "Common Stock") of DCAP Group, Inc. (the "Company"), a
company organized and existing under the laws of the State of Delaware, filed by
Infinity Capital Partners, L.P., a Delaware limited partnership ("Partners"),
(ii) Infinity Capital, LLC, a Delaware limited liability company ("Capital"),
(iii) Infinity Management, LLC, a Delaware limited liability company
("Management"), and (iv) Michael Feinsod (Partners, Capital, Management and Mr.
Feinsod are hereinafter collectively referred to as the "Reporting Persons") on
December 8, 2006, as amended by Amendments No. 1 and 2 filed on December 19,
2006 and December 20, 2006, respectively. Defined terms used but not otherwise
defined in this Amendment No. 1 shall have the meanings ascribed thereto in the
Statement on Schedule 13D.
Item 3. Source and Amount of Funds or Other Consideration.
Item 3 is hereby amended as follows:
The aggregate amount of funds used to purchase the shares of Common
Stock acquired by Partners since the filing of Amendment No. 2 to the Statement
on Schedule 13D was $97,596.
Item 5. Interest in Securities of the Issuer.
Item 5(a) is hereby amended and restated to read as follows:
(a) The aggregate percentage of the outstanding shares of Common
Stock reported owned by each Reporting Person is based upon 2,896,024 shares of
Common Stock outstanding as of October 31, 2006, as reported in the Company's
quarterly report on Form 10-QSB for the period ended September 30, 2006.
As of the close of business on January 4, 2007:
(i) Partners owns 233,417 shares of Common Stock which
constitute approximately 8.06% of the shares of Common Stock outstanding;
(ii) Capital owns no shares of Common Stock directly. As sole
general partner of Partners, Capital may be deemed under the provisions of
Rule 13d-3 of the Exchange Act Rules, to be the beneficial owner of the
233,417 shares of Common Stock owned by Partners. Such shares of Common
Stock constitute approximately 8.06% of the shares of Common Stock
outstanding;
(iii) Management owns no shares of Common Stock directly. As the
Investment Manager of Partners, Management may be deemed under the
provisions of Rule 13D-3 of the Exchange Act Rules, to be the beneficial
owner of the 233,417 shares of Common Stock that are owned by Partners.
Such shares of Common Stock constitute approximately 8.06% of the shares
of Common Stock outstanding; and
(iv) Michael Feinsod owns no shares of Common Stock directly. As
the Managing Member of Capital and Management, the General Partner and
Investment Manager, respectively, of Partners, Mr. Feinsod may be deemed
Page 6 of 8
under the provisions of Rule 13d-3 of the Exchange Act Rules, to be the
beneficial owner of the 233,417 shares of Common Stock, that are owned by
Partners. Such shares, in the aggregate, constitute approximately 8.06% of
the shares of Common Stock outstanding.
Item 5(c) is hereby amended as follows:
(c) Set forth below is a description of all transactions in shares
of Common Stock that were effected by Partners since the filing of the Statement
on Schedule 13D. All such transactions were purchases effected on the open
market.
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Date Number of Shares Price Per Share
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12/20/06 6,800 $ 3.12
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12/21/06 3,500 $ 3.05
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12/22/06 5,100 $ 3.11
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12/27/06 10,000 $ 3.04
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01/03/07 2,800 $ 2.98
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01/04/07 3,700 $ 3.00
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Page 7 of 8
SIGNATURE
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: January 4, 2007
INFINITY CAPITAL PARTNERS, L.P.
By: Infinity Capital, LLC,
its General Partner
By: /s/ Michael Feinsod
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Name: Michael Feinsod
Title: Managing Member
INFINITY CAPITAL, LLC
By: /s/ Michael Feinsod
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Name: Michael Feinsod
Title: Managing Member
INFINITY MANAGEMENT, LLC
By: /s/ Michael Feinsod
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Name: Michael Feinsod
Title: Managing Member
/s/ Michael Feinsod
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Michael Feinsod
Page 8 of 8