UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. _______)*
ILINC COMMUNICATIONS, INC.
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(NAME OF ISSUER)
COMMON STOCK, PAR VALUE $0.001 PER SHARE
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(TITLE OF CLASS OF SECURITIES)
451724108
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(CUSIP NUMBER)
JAMES L. DUNN, JR.
ILINC COMMUNICATIONS, INC.
2999 N. 44TH STREET, SUITE 650
PHOENIX, AZ 85018
(602) 952-1200
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(NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON
AUTHORIZED TO RECEIVE NOTICES AND COMMUNICATIONS)
FEBRUARY 17, 2005
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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 THAT IS THE SUBJECT OF THIS SCHEDULE 13D, AND IS FILING THIS
SCHEDULE BECAUSE OF SS.SS.240.13D-1(E), 240.13D-1(F) OR 240,13D-1(G), CHECK THE
FOLLOWING BOX. |_|
NOTE: SCHEDULES FILED IN PAPER FORMAT SHALL INCLUDE A SIGNED ORIGINAL AND FIVE
COPIES OF THE SCHEDULE, INCLUDING ALL EXHIBITS. SEE SS.240.13D-7 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 ("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. 451724108 13D Page 2
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GARY MOULTON
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(a) |_|
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
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NUMBER OF 7 SOLE VOTING POWER
SHARES 1,229,944
BENEFICIALLY ------- --------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH N/A
REPORTING ------- --------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 983,955
------- --------------------------------------------------
10 SHARED DISPOSITIVE POWER
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,229,944*
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)|_|
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.09%*
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14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
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CUSIP NO. 451724108 13D Page 3
ITEM 1. SECURITY AND ISSUER.
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The title and class of equity securities to which this Statement
relates is the common stock, $0.001 par value per share, (the "Common Stock") of
iLinc Communications, Inc., a Delaware corporation ("iLinc").
The address of the principal executive offices of iLinc is 2999 N. 44th
Street, Suite 650, Phoenix, Arizona 85018.
ITEM 2. IDENTITY AND BACKGROUND.
---------------------------------
This Schedule is filed on behalf of Gary Moulton (referred individually
as "Reporting Person"). The name, business address and principal occupation of
the Reporting Person are set forth below. During the past five years, the
Reporting Person has not been convicted in a criminal proceeding (excluding
traffic violations or similar misdemeanors). During the past five years, the
Reporting Person has not been a party to a civil proceeding of a judicial or
administrative body of a 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.
Gary Moulton is a citizen of the United States.
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REPORTING PERSON PRINCIPAL ADDRESS PRINCIPAL OCCUPATION/BUSINESS
-------------------------- --------------------------------- -----------------------------------------
Gary Moulton 775 West 1200 North, Sr. Vice President of Audio Services for
Suite 200, Springville, UT iLinc Communications, Inc.
84663 Corporate Office
2999 N. 44th St., Suite 650
Phoenix, AZ 85018
-------------------------- --------------------------------- -----------------------------------------
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
-----------------------------------------------------------
The 1,229,944* shares acquired by Gary Moulton are part of the
consideration paid to Mr. Moulton as a stockholder of Glyphics Communications,
Inc. from whom iLinc Communications purchased certain assets pursuant to an
Asset Purchase Agreement and Plan of Reorganization dated June 1, 2004.
*The 1,229,944 shares include 245,989 shares being held in escrow
pending resolution of possible claims. In order to be conservative and to
provide the fullest disclosure possible, those escrow shares are being reported
in the total number of shares beneficially owned by Mr. Moulton. Inclusion of
those shares held in escrow mean that Mr. Moulton is a 5% owner, but those
shares remain subject to the claims of the Company. If a portion of those shares
are returned as a result of a claim then Mr. Moulton would not be a 5% owner.
CUSIP NO. 451724108 13D Page 4
ITEM 4. PURPOSE OF TRANSACTION.
--------------------------------
The 1,229,944 shares acquired by Gary Moulton are part of the
consideration paid to Mr. Moulton as a stockholder of Glyphics Communications,
Inc. from whom iLinc Communications purchased certain assets pursuant to an
Asset Purchase Agreement and Plan of Reorganization dated June 1, 2004.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
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The contents of the cover page of this Statement are incorporated by
reference into this Item 5 for the Reporting Person. There has been one
transaction, as identified below, within the last 240 days.
----------------------------- ------------------ ------------------------- ---------------------- ----------------------------
DATE OF AMOUNT OF SECURITIES AVERAGE PRICE PER WHERE AND HOW THE
IDENTITY OF PERSON TRANSACTION INVOLVED SHARE TRANSACTIONS WERE EFFECTED
----------------------------- ------------------ ------------------------- ---------------------- ----------------------------
Gary Moulton 6/22/2004 1,229,944 $1.05 Transfer of Stock on June
22, 2004 pursuant to the
Asset Purchase Agreement
and Plan of Reorganization
by and between iLinc
Communications, Inc. and
Glyphics Communications, Inc.
----------------------------- ------------------ ------------------------- ---------------------- ----------------------------
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
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TO SECURITIES OF THE ISSUER.
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Based on the knowledge of the Reporting Persons there are no contracts,
arrangements, understandings or relationships (legal or otherwise) among any
Reporting Persons and any other person with respect to any securities of iLinc.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
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None.
CUSIP NO. 451724108 13D Page 5
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.
Date: February 17, 2005 Gary Moulton
/s/ JAMES L. DUNN, JR.
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James L. Dunn, Jr., Attorney in-fact for
Gary Moulton