Edgar Filing: ILINC COMMUNICATIONS INC

1
e-7637.txt
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No._1_)*

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)

26841E 10 7
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(CUSIP Number)

Preston A. Zuckerman
4142 E. Thistle Landing Drive
Phoenix, AZ 85044
(480) 759-1125
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)

November 3, 2004
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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: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See ss. 240.13d-7(b) 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).

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CUSIP NO. 26841E 10 7 SCHEDULE 13D Page 2 of 5 Pages
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1 NAMES OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

Preston A. Zuckerman - SSN: 124-34-2239
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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(e) [ ]

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6 CITZENSHIP OR PLACE OF ORGANIZATION

United States
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7 SOLE VOTING POWER
1,041,347
NUMBER OF ---------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY N/A
OWNED BY ---------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 1,471,286
PERSON ---------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
N/A
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

1,041,347
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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)

4.31%
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14 TYPE OF REPORTING PERSON*

IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.

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CUSIP NO. 26841E 10 7 SCHEDULE 13D Page 3 of 5 Pages
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ITEM 1. SECURITY AND ISSUER

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 ("EDT").

The address of the principal executive offices of iLinc Communications,
Inc. is 2999 N. 44th Street, Suite 650, Phoenix, AZ 85018.

ITEM 2. IDENTITY AND BACKGROUND

This Schedule is filed on behalf of Preston A. Zuckerman (referred
individually as "Reporting Person"). The names, residence or business address
and principal occupation of the Reporting Person are set forth below. The
Reporting Persons has not been convicted in a criminal proceedings (excluding
traffic violations or similar misdemeanors) in the past five years. In the past
five years, the Reporting Person has not 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.
Preston A. Zuckerman is a citizen of the United States.

REPORTING PERSONS PRINCIPAL ADDRESS PRINCIPAL OCCUPATION/BUSINESS
----------------- ----------------- -----------------------------
Preston A. Zuckerman 4142 E Thistle Lndg Dr, Formerly Sr. VP &
Phoenix, AZ 85044 Chief e-Learning Architect
EDT Learning, Inc.
2999 N. 44th Street
Phoenix, AZ 85018

ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION

The shares acquired by Preston A. Zuckerman are part of the consideration
paid to Mr. Zuckerman as a stockholder in Learning-Edge, Inc. which merged with
EDT Learning, Inc. per the Plan of Reorganization and Agreement of Merger dated
September 13, 2001.

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CUSIP NO. 26841E 10 7 SCHEDULE 13D Page 4 of 5 Pages
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ITEM 4. PURPOSE OF TRANSACTION.

ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.

The contents of the cover page of this Statement are incorporated into this
Item 5 for each Reporting Person. There has been one transaction, as identified
below, within the last 240 days.

WHERE AND
AMOUNT OF HOW THE
DATE OF SECURITIES AVERAGE PRICE TRANSACTIONS
IDENTITY OF PERSON TRANSACTION INVOLVED PER SHARE WERE EFFECTED
------------------ ----------- -------- --------- -------------

Preston A. Zuckerman 03/31/04 159,245 $0.98 Transfer of Stock
In cancellation of
Debt.
Preston A. Zuckerman 04/19/04 272,728 $1.12 Transfer of Stock
In cancellation of
Debt.
Preston A. Zuckerman 05/27/04 250,000 $0.91 Sale of Stock

Preston A. Zuckerman 05/27/04 750,000 $0.865 Sale of Stock

Preston A. Zuckerman 05/28/04 233,088 $0.99 Transfer of Stock
In cancellation of
Debt.

ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO
SECURITIES OF THE ISSUER.

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.

None

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CUSIP NO. 26841E 10 7 SCHEDULE 13D Page 5 of 5 Pages
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SIGNATURE

After reasonable inquiry and to the best of the knowledge and belief of the
undersigned, the undersigned certify that the information set forth in this
statement is true, complete and correct.

Dated: November 3, 2004 Preston A. Zuckerman

By: Preston A. Zuckerman
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Preston A. Zuckerman