SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
(Amendment No. 6)(1)
TAG-IT PACIFIC, INC.
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(Name of Issuer)
COMMON STOCK, $.001 PAR VALUE
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(Title Class of Securities)
873774 10 3
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(CUSIP Number)
DECEMBER 31, 2003
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[_] Rule 13d-1(b)
|_| Rule 13d-1(c)
[X] Rule 13d-1(d)
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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 the disclosures provided in a prior coverage page.
The information required in 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 (however, see
the Notes).
CUSIP No. 873774 10 3 13G/A Page 2 of 5 Pages
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Colin Dyne
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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 CITIZENSHIP OR PLACE OF ORGANIZATION
Republic of South Africa
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NUMBER OF 5. SOLE VOTING POWER
SHARES 1,792,580 (1)(2)
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 0
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 1,192,580 (1)
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH 0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,792,580 (1)(2)
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
14.9%
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12 TYPE OF REPORTING PERSON*
IN
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(1) Includes 535,000 shares of common stock reserved for issuance upon exercise
of stock options which currently are exercisable.
(2) Includes 350,000 shares of common stock owned by Commerce Investment Group,
LLC and 250,000 shares of common stock held by a trust, all of which are
voted by Colin Dyne pursuant to a voting agreement.
CUSIP No. 873774 10 3 13G/A Page 3 of 5 Pages
Item 1(a). NAME OF ISSUER:
Tag-It Pacific, Inc.
Item 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
21900 Burbank Blvd., Suite 270
Woodland Hills, California 91367
Item 2(a). NAME OF PERSON FILING:
Colin Dyne
Item 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
Colin Dyne
Tag-It Pacific, Inc.
21900 Burbank Blvd., Suite 270
Woodland Hills, California 91367
Item 2(c). CITIZENSHIP:
Republic of South Africa
Item 2(d). TITLE OF CLASS OF SECURITIES:
Common Stock, par value $0.001 per share
Item 2(e). CUSIP NUMBER:
873774 10 3
Item 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b), OR 13d-2(b)
OR (c), CHECK WHETHER THE PERSON FILING IS A:
Not applicable
(a) [_] Broker or dealer registered under Section 15 of the Exchange Act.
(b) [_] Bank as defined in Section 3(a)(6) of the Exchange Act.
(c) [_] Insurance company as defined in Section 3(a)(19) of the Exchange
Act.
(d) [_] Investment company registered under Section 8 of the Investment
Company Act.
(e) [_] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
(f) [_] An employee benefit plan or endowment fund in accordance with
Rule 13d-1(b)(1)(ii)(F);
(g) [_] A parent holding company or control person in accordance with
Rule 13d-1(b)(1)(ii)(G);
(h) [_] A savings association as defined in Section 3(b) of the Federal
Deposit Insurance Act;
(i) [_] A church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment
Company Act;
CUSIP No. 873774 10 3 13G/A Page 4 of 5 Pages
(j) [_] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to Rule 13d-1(c), check this
box. |_|
Item 4. OWNERSHIP.
Included in rows 5 through 9 and 11 on page 2. Rows 5 and 9
includes 350,000 shares of common stock owned by Commerce Investment
Group, LLC and 250,000 shares of common stock held by a trust, all
of which are voted by Colin Dyne pursuant to a voting agreement.
Item 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
Not Applicable
Item 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
Not Applicable
Item 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
Not Applicable
Item 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
Not Applicable
Item 9. NOTICE OF DISSOLUTION OF GROUP.
Not Applicable
Item 10. CERTIFICATIONS.
Not Applicable
CUSIP No. 873774 10 3 13G/A Page 5 of 5 Pages
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
February 11, 2004
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(Date)
/s/ Colin Dyne
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(Signature)
Colin Dyne
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(Name/Title)