SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 AMENDMENT NO.1 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) May 4, 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 -------------------------------------------------------------------------------- 1) Name of Reporting Persons Glenn Peipert I.R.S. Identification Nos. of Above Persons (entities only) -------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) [_] (b) [_] -------------------------------------------------------------------------------- 3) SEC Use Only -------------------------------------------------------------------------------- 4) Source of Funds (See Instructions) Not applicable. - Schedule 13D/A is being filed to report a change in the percent of class held by the Reporting Person. -------------------------------------------------------------------------------- 5) Check if Disclosure of Legal Proceedings is Required Pursuant To Items 2(d) or 2(e) [_] -------------------------------------------------------------------------------- 6) Citizenship Or Place Of Organization United States of America -------------------------------------------------------------------------------- (7) Sole Voting Power 150,000,000 ---------------------------------------------------------- Number of (8) Shared Voting Power Shares Beneficially 0 Owned ---------------------------------------------------------- By Each (9) Sole Dispositive Power Reporting Person With 150,000,000 ---------------------------------------------------------- (10) Shared Dispositive Power 0 -------------------------------------------------------------------------------- 11) Aggregate Amount Beneficially Owned by Each Reporting Person 150,000,000 -------------------------------------------------------------------------------- 12) Check if The Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [_] -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 13) Percent of Class Represented by Amount in Row (11) Approximately 21.8% -------------------------------------------------------------------------------- 14) Type of Reporting Person IN -------------------------------------------------------------------------------- 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 4. PURPOSE OF TRANSACTION This amended Schedule 13D is being filed to report a change in the percentage ownership of the Reporting Person due to corporate transactions by the Issuer with unrelated third parties. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER Item 5 is deleted in its entirety and replaced by the following new Item 5: (a), (b) The Reporting Person beneficially owns 150,000,000 shares of Common Stock or 21.8% 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) None. (d) Not applicable. (e) Not applicable. 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: May 18, 2004 /s/ Glenn Peipert ----------------- Glenn Peipert