UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)
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)
December 19, 2006
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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
201,517 shares
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NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY
OWNED BY -----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 201,517 shares
WITH -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
201,517 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)
6.96%
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14 TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 7
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
201,517 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 201,517 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
201,517 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)
6.96%
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14 TYPE OF REPORTING PERSON*
OO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 3 of 7
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
201,517 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 201,517 shares (comprised of shares held by Infinity
WITH Capital Partners, L.P.)
-----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
201,517 shares (comprised of shares held 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)
6.96%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
OO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 4 of 7
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
201,517 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 201,517 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
201,517 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)
6.96%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
1N
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 5 of 7
This Amendment No. 2 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 Amendment No. 1 dated December 19, 2006. The
sole purpose of this Amendment No. 2 is to correct an error in Amendment No. 1
in that the number of shares purchased by Partners on December 15, 2006 was
2,000 and not 40,000 as reported in Item 5(c) to Amendment No. 1.
Item 5. Interest in Securities of the Issuer.
Item 5(c) is hereby amended and restated to read 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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12/8/06 8,027 $ 2.7841
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12/11/06 14,000 $ 2.9469
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12/14/06 6,000 $ 3.0143
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12/15/06 2,000 $ 3.02
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12/18/06 3,700 $ 2.998
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Page 6 of 7
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: December 19, 2006
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 7 of 7