SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 Conversion Services International, Inc. -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $.001 par value per share -------------------------------------------------------------------------------- (Title of Class of Securities) 21254R109 -------------------------------------------------------------------------------- (CUSIP Number) Barry I. Grossman, Esq. Ellenoff Grossman & Schole LLP 370 Lexington Avenue New York, New York 10017 212-370-1300 -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) January 30, 2004 -------------------------------------------------------------------------------- (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: |_|. 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. CUSIP NO. 570 658 104 SCHEDULE 13D Page 2 of 4 Pages -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Scott Newman -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* PF, OO -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) |_| -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 300,050,000 -------------------------------------------------------- NUMBER OF 8 SHARED VOTING POWER SHARES BENEFICIALLY 0 OWNED BY -------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING PERSON 300,050,000 WITH -------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 0 -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 300,050,000 -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 50.6% -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Item 1. Security and Issuer This statement on Schedule 13D (this "Schedule 13D") relates to the common stock, par value $.001 per share (the "Common Stock"), of Conversion Services International, Inc., a Delaware corporation (the "Issuer"). The address of the principal executive offices of the Issuer is 100 Eagle Rock Avenue, East Hanover, New Jersey 07936. Item 2. Identity and Background (a) This Schedule 13D is being filed by Scott Newman (the "Reporting Person" or "Mr. Newman"). (b) Mr. Newman's business address is Conversion Services International, Inc., 100 Eagle Rock Avenue, East Hanover, New Jersey 07936. (c) Mr. Newman's present principal occupation is as President and Chief Executive Officer of the Issuer. (d), (e) During the past five (5) years, Mr. Newman has not (i) been convicted in a criminal proceeding or (ii) been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding 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. (f) Mr. Newman is a citizen of the United States of America. Item 3. Source and Amount of Funds or Other Consideration On January 30, 2004, the Reporting Person became the beneficial owner of 300,050,000 shares of Common Stock as a result of the closing of the merger contemplated by the Agreement and Plan of Reorganization dated as of August 21, 2003, as amended, by and among Conversion Services International, Inc., then a privately-held Delaware corporation ("Old CSI"), the Issuer and LCS Acquisition Corp., a direct, wholly owned subsidiary of the Issuer. As part of the transaction, the Issuer changed its name to "Conversion Services International, Inc." and the former stockholders of Old CSI obtained approximately 84.3% of the outstanding Common Stock of the Issuer. Item 4. Purpose of Transaction Except as set forth in Item 5 hereof, the Reporting Person has no present plan or proposal that relates to or would result in any matters referred to in paragraphs (a) through (j) of Item 4 of Schedule 13D. However, the Reporting Person reserves the right to formulate plans or proposals specified in paragraphs (a) through (j) of Item 4 of Schedule 13D. Item 5. Interest in Securities of the Issuer (a), (b) The Reporting Person beneficially owns 300,050,000 shares of Common Stock or 50.6% of the outstanding shares of Common Stock entitled to vote. The Reporting Person has sole voting power of all the shares of Common Stock he beneficially owns. (c) The following table set forth a description of all transactions in shares of Common Stock of the Issuer by the Reporting Person identified in Item 2 of this Schedule 13D effected during the past sixty days. Number of Shares Acquisition Purchased/ Date Acquired ------------ ------------ 1/30/04 300,050,000 (d) Not applicable. (e) Not applicable. Item 6. Contracts Arrangements, Understandings or Relationships with Respect to Securities of the Issuer None. Item 7. Material to be Filed as Exhibits None. Signature After reasonable inquiry, and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: February 9, 2004 /s/ Scott Newman ---------------------------------------- Scott Newman