schedule13gconformed.htm -- Converted by SEC Publisher, created by BCL Technologies Inc., for SEC Filing

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. )*
 
Courtside Acquisition Corp.
(Name of Issuer)
 
 
Common Stock, $0.0001 Par Value
(Title of Class of Securities)

        22274N102        
(CUSIP Number)

June 1, 2007
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

  o   Rule 13d-1(b)
  x  Rule 13d-1(c)
  o   Rule 13d-1(d)

*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 cover 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).

 

Page 1 of 14

CUSIP No. 22274N102  
13G 
   
   
1 NAMES OF REPORTING PERSONS
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
 
Woodland Partners
 
 
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
 
      (a) o     
 
      (b) o     
 
 
3 SEC USE ONLY    
 
 
4 CITIZENSHIP OR PLACE OF ORGANIZATION
 
      New York
 
    5
SOLE VOTING POWER
  Number of  
268,500 shares
  Shares  
  Beneficially 6
SHARED VOTING POWER
  Owned By  
0 shares
  Each  
  Reporting 7
SOLE DISPOSITIVE POWER
  Person  
268,500 shares
  With  
    8
SHARED DISPOSITIVE POWER
     
0 shares
 
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  
268,500 shares
 
 
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE
  INSTRUCTIONS) o    
       
 
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
     
1.6%
 
 
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
     
PN
 

Page 2 of 14


CUSIP No. 22274N102  
13G 
   
   
1 NAMES OF REPORTING PERSONS
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
 
Barry Rubenstein
 
 
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
 
      (a) o  
 
      (b) o  
 
 
3 SEC USE ONLY    
 
 
4 CITIZENSHIP OR PLACE OF ORGANIZATION
 
      United States
 
    5
SOLE VOTING POWER
  Number of  
590,000 shares
  Shares  
  Beneficially 6
SHARED VOTING POWER
  Owned By  
928,500 shares
  Each  
  Reporting 7
SOLE DISPOSITIVE POWER
  Person  
590,000 shares
  With  
    8
SHARED DISPOSITIVE POWER
     
928,500 shares
 
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  
1,518,500 shares
 
 
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE
  INSTRUCTIONS) o    
       
 
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
     
9.0%
 
 
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
     
IN
 

Page 3 of 14


CUSIP No. 22274N102  
13G 
   
   
1 NAMES OF REPORTING PERSONS
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
 
Marilyn Rubenstein
 
 
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
 
      (a) o  
 
      (b) o  
 
 
3 SEC USE ONLY    
 
 
4 CITIZENSHIP OR PLACE OF ORGANIZATION
 
      United States
 
    5
SOLE VOTING POWER
  Number of  
0 shares
  Shares  
  Beneficially 6
SHARED VOTING POWER
  Owned By  
928,500 shares
  Each  
  Reporting 7
SOLE DISPOSITIVE POWER
  Person  
0 shares
  With  
    8
SHARED DISPOSITIVE POWER
     
928,500 shares
 
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  
928,500 shares
 
 
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE
  INSTRUCTIONS) o    
       
 
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
     
5.5%
 
 
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
     
IN
 


Page 4 of 14


CUSIP No. 22274N102  
13G 
   
   
1 NAMES OF REPORTING PERSONS
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
 
Woodland Venture Fund
 
 
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
 
      (a) o  
 
      (b) o  
 
 
3 SEC USE ONLY    
 
 
4 CITIZENSHIP OR PLACE OF ORGANIZATION
 
      New York
 
    5
SOLE VOTING POWER
  Number of  
285,000 shares
  Shares  
  Beneficially 6
SHARED VOTING POWER
  Owned By  
0 shares
  Each  
  Reporting 7
SOLE DISPOSITIVE POWER
  Person  
285,000 shares
  With  
    8
SHARED DISPOSITIVE POWER
     
0 shares
 
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  
285,000 shares
 
 
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE
  INSTRUCTIONS) o    
       
 
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
     
1.7%
 
 
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
     
PN
 


Page 5 of 14


CUSIP No. 22274N102  
13G 
   
   
1 NAMES OF REPORTING PERSONS
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
 
Seneca Ventures
 
 
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
 
      (a) o  
 
      (b) o  
 
 
3 SEC USE ONLY    
 
 
4 CITIZENSHIP OR PLACE OF ORGANIZATION
 
      New York
 
    5
SOLE VOTING POWER
  Number of  
215,000 shares
  Shares  
  Beneficially 6
SHARED VOTING POWER
  Owned By  
0 shares
  Each  
  Reporting 7
SOLE DISPOSITIVE POWER
  Person  
215,000 shares
  With  
    8
SHARED DISPOSITIVE POWER
     
0 shares
 
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  
215,000 shares
 
 
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE
  INSTRUCTIONS) o    
       
 
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
     
1.3%
 
 
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
     
PN
 


Page 6 of 14


CUSIP No. 22274N102  
13G 
   
   
1 NAMES OF REPORTING PERSONS
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
 
Woodland Services Corp.
  
 
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
 
      (a) o  
 
      (b) o  
 
 
3 SEC USE ONLY    
 
 
4 CITIZENSHIP OR PLACE OF ORGANIZATION
 
      New York
 
    5
SOLE VOTING POWER
  Number of  
0 shares
  Shares  
  Beneficially 6
SHARED VOTING POWER
  Owned By  
500,000 shares
  Each  
  Reporting 7
SOLE DISPOSITIVE POWER
  Person  
0 shares
  With  
    8
SHARED DISPOSITIVE POWER
     
500,000 shares
 
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
 
500,000 shares
 
 
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE
  INSTRUCTIONS)  o    
       
 
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
     
3.0%
 
 
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
     
CO
 


Page 7 of 14

Item 1.    
             
  (a)   Name of Issuer:  
      Courtside Acquisition Corp.  
  (b)   Address of Issuer’s Principal Executive Offices:
      1700 Broadway  
      17th Floor  
      New York, New York 10019  
Item 2.
         
 
1
  (a)   Name of Person Filing:  
Woodland Partners
  (b)   Address of Principal Business Office, or, if none, Residence:
         
68 Wheatley Road
         
Brookville, New York 11545
  (c)   Place of Organization:  
New York
  (d)   Title of Class of Securities:  
Common Stock, $0.0001 par value per share
  (e)   CUSIP Number:  
22274N102
 
2
  (a)   Name of Person Filing:  
Barry Rubenstein
  (b)   Address of Principal Business Office, or, if none, Residence:
         
68 Wheatley Road
         
Brookville, New York 11545
  (c)   Citizenship:  
United States
  (d)   Title of Class of Securities:  
Common Stock, $0.0001 par value per share
  (e)   CUSIP Number:  
22274N102
 
3
  (a)   Name of Person Filing:  
Marilyn Rubenstein
  (b)   Address of Principal Business Office, or, if none, Residence:
         
68 Wheatley Road
         
Brookville, New York 11545
  (c)   Citizenship:  
United States
  (d)   Title of Class of Securities:  
Common Stock, $0.0001 par value per share
  (e)   CUSIP Number:  
22274N102
 
4
  (a)   Name of Person Filing:  
Woodland Venture Fund
  (b)   Address of Principal Business Office, or, if none, Residence:
         
68 Wheatley Road
         
Brookville, New York 11545
  (c)   Place of Organization:  
New York
  (d)   Title of Class of Securities:  
Common Stock, $0.0001 par value per share
  (e)   CUSIP Number:  
22274N102

Page 8 of 14

5
  (a) Name of Person Filing:  
Seneca Ventures
  (b) Address of Principal Business Office, or, if none, Residence:
         
68 Wheatley Road
         
Brookville, New York 11545
  (c) Place of Organization:  
New York
  (d) Title of Class of Securities:  
Common Stock, $0.0001 par value per share
  (e) CUSIP Number:  
22274N102
 
6
  (a) Name of Person Filing:  
Woodland Services Corp.
  (b) Address of Principal Business Office, or, if none, Residence:
         
68 Wheatley Road
         
Brookville, New York 11545
  (c) Place of Organization:  
New York
  (d) Title of Class of Securities:  
Common Stock, $0.0001 par value per share
  (e) CUSIP Number:  
22274N102
 
Item 3.
  If this statement is filed pursuant to §240.13d-1(b) or 240.13d-2(b) or (c), check whether
  the person filing is a:  
         
  (a)
o
Broker or dealer registered under section 15 of the Act (15 U.S.C.78o).
     
 
  (b)
o
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
     
 
  (c)
o
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C.78c)
     
 
  (d)
o
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
     
 
  (e)
o
An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E).
     
 
  (f)
o
An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F).
     
 
  (g)
o
A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G).
   
  (h)
o
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813).
     
 
  (i)
o
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the
Investment Company Act of 1940 (15 U.S.C. 80a-3).
     
 
  (j)
o
Group, in accordance with §240.13d-1(b)(1)(ii)(J).
 
Item 4.
    Ownership.  

     Each Unit of Courtside Acquisition Corp. consists of one share of common stock, 0.0001 par value per share (the “Common Stock”), and two redeemable common stock purchase warrants (the “Warrants”). Each Warrant entitles the holder to purchase one share of Common Stock at a price of $5.00.

Page 9 of 14

Each Warrant becomes exercisable on the later to occur of the Issuer’s completion of a business combination, or June 30, 2006, and expires on June 29, 2009, or earlier upon redemption.

     The percentages of beneficial ownership shown below are based on 16,800,000 shares of Common Stock outstanding as of May 9, 2007, as reported in the Issuer’s quarterly report on Form 10-Q for the period ended March 31, 2007.

      The following includes securities of the Issuer held by the reporting persons as of June 1, 2007.

1.     

Woodland Partners:
 
  (a)     

Amount Beneficially Owned: 268,5001,2 shares.
 
  (b)     

Percent of Class: 1.6%
 
  (c)     

Number of shares as to which such person has:
 
   (i)     

sole power to vote or to direct the vote: 268,500 1,2 shares.
 
   (ii)     

shared power to vote or to direct the vote: 0 shares.
 
   (iii)     

sole power to dispose or to direct the disposition of: 268,500 1,2 shares.
 
   (iv)     

shared power to dispose or to direct the disposition of: 0 shares.
 
2.     

Barry Rubenstein:
 
  (a)     

Amount Beneficially Owned: 1,518,5001,2,3,4,5,6,7,8,9,10 shares. Barry Rubenstein is a general partner of Seneca Ventures, Woodland Venture Fund and Woodland Partners, and an officer and director of Woodland Services Corp. Mr. Rubenstein is the husband of Marilyn Rubenstein.
 
  (b)     

Percent of Class: 9.0%
 
  (c)     

Number of shares as to which such person has:
 
   (i)     

sole power to vote or to direct the vote: 590,0003,4 shares
 
   (ii)     

shared power to vote or to direct the vote: 928,5001,2,5,6,7,8,9,10 shares.
 
   (iii)     

sole power to dispose or to direct the disposition of: 590,0003,4 shares.
 
   (iv)     

shared power to dispose or to direct the disposition of: 928,5001,2,5,6,7,8,9,10 shares.
 
3.     

Marilyn Rubenstein:
 
  (a)     

Amount Beneficially Owned: 928,5001,2,5,6,7,8,9,10 shares. Marilyn Rubenstein is a general partner of Woodland Partners, and an officer of Woodland Services Corp. Marilyn Rubenstein is the wife of Barry Rubenstein.

 

1 Includes 268,500 shares of Common Stock owned by Woodland Partners.

2 Does not include 571,500 shares of Common Stock issuable upon the exercise of the Warrants held by Woodland Partners.

3 Includes 590,000 shares of Common Stock held by the Barry Rubenstein Rollover IRA account.

4 Does not include 684,600 shares of Common Stock issuable upon the exercise of the Warrants held by the Barry Rubenstein Rollover IRA account.

5 Includes 160,000 shares of Common Stock held in a joint account by Barry Rubenstein and Marilyn Rubenstein.

6 Includes 285,000 shares of Common Stock owned by Woodland Venture Fund.

7 Does not include 200,000 shares of Common Stock issuable upon the exercise of the Warrants held by Woodland Venture Fund.

8 Includes 215,000 shares of Common Stock owned by Seneca Ventures.

9 Does not include 200,000 shares of Common Stock issuable upon the exercise of the Warrants held by Seneca Ventures.

10The reporting person disclaims beneficial ownership of these securities except to the extent of his/her/its equity interest therein.

Page 10 of 14

  (b)     

Percent of Class: 5.5%
 
  (c)     

Number of shares as to which such person has:
 
   (i)     

sole power to vote or to direct the vote: 0 shares.
 
   (ii)     

shared power to vote or to direct the vote: 928,5001,2,5,6,7,8,9,10 shares.
 
   (iii)     

sole power to dispose or to direct the disposition of: 0 shares.
 
   (iv)     

shared power to dispose or to direct the disposition of: 928,5001,2,5,6,7,8,9,10 shares.
 
4.     

Woodland Venture Fund:
 
  (a)     

Amount Beneficially Owned: 285,0006,7 shares.
 
  (b)     

Percent of Class: 1.7%
 
  (c)     

Number of shares as to which such person has:
 
   (i)     

sole power to vote or to direct the vote: 285,0006,7 shares.
 
   (ii)     

shared power to vote or to direct the vote: 0 shares.
 
   (iii)     

sole power to dispose or to direct the disposition of: 285,0006,7 shares.
 
   (iv)     

shared power to dispose or to direct the disposition of: 0 shares.
 
5     

Seneca Ventures:
 
  (a)     

Amount Beneficially Owned: 215,000,8,9 shares.
 
  (b)     

Percent of Class: 1.3%
 
  (c)     

Number of shares as to which such person has:
 
   (i)     

sole power to vote or to direct the vote: 215,0008,9 shares.
 
   (ii)     

shared power to vote or to direct the vote: 0 shares.
 
   (iii)     

sole power to dispose or to direct the disposition of: 215,0008,9 shares.
 
   (iv)     

shared power to dispose or to direct the disposition of: 0 shares.
 
6.     

Woodland Services Corp.:
 
  (a)     

Amount Beneficially Owned: 500,0006,7,8,9,10 shares. Woodland Services Corp. is a general partner of Seneca Ventures and Woodland Venture Fund.
 
  (b)     

Percent of Class: 3.0%
 
  (c)     

Number of shares as to which such person has:
 
   (i)     

sole power to vote or to direct the vote: 0 shares.
 
   (ii)     

shared power to vote or to direct the vote: 500,0006,7,8,9,10 shares.
 
   (iii)     

sole power to dispose or to direct the disposition of: 0 shares.
 
   (iv)     

shared power to dispose or to direct the disposition of: 500,0006,7,8,9,10 shares.
       
Item 5.  Ownership of Five Percent or Less of a Class.


  If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following. o
   
Instruction: Dissolution of a group requires a response to this item.
   
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
   
  Not Applicable.

Page 11 of 14

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.   Certification.
     
                       By signing below each party certifies that, to the best of his/her/its knowledge and
                       belief, the securities referred to above were not acquired and are not held for the
                       purpose of or with the effect of changing or influencing the control of the issuer of
                       the securities and were not acquired and are not held in connection with or as a
                       participant in any transaction having that purpose or effect.

Page 12 of 14

SIGNATURE

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

Dated: June 7, 2007

   
    WOODLAND PARTNERS
   
    By: /s/ Barry Rubenstein
  Barry Rubenstein, a General Partner
   
    WOODLAND VENTURE FUND
   
    By: /s/ Barry Rubenstein
  Barry Rubenstein, a General Partner
   
    SENECA VENTURES
   
    By: /s/ Barry Rubenstein
  Barry Rubenstein, a General Partner
   
    WOODLAND SERVICES CORP.
   
    By: /s/ Barry Rubenstein
  Barry Rubenstein, President
   
      /s/ Barry Rubenstein
  Barry Rubenstein
   
      /s/ Marilyn Rubenstein
  Marilyn Rubenstein
   

Attention:

Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001)

Page 13 of 14

     13G
EXHIBIT A
JOINT FILING AGREEMENT

     The undersigned hereby agree that the Statement on Schedule 13G with respect to the securities of Courtside Acquisition Corp. and any further amendments thereto executed by each and any of us shall be filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended.

     This Agreement may be executed in separate counterparts, each of which shall be deemed an original, but all of which shall constitute one and the same instrument.

Dated: June 7, 2007

  WOODLAND PARTNERS
     
  By: /s/ Barry Rubenstein
   
Barry Rubenstein, a General Partner
     
  WOODLAND VENTURE FUND
     
  By: /s/ Barry Rubenstein
    Barry Rubenstein, a General Partner
     
  SENECA VENTURES
     
  By: /s/ Barry Rubenstein
    Barry Rubenstein, a General Partner
     
  WOODLAND SERVICES CORP.
     
  By: /s/ Barry Rubenstein
    Barry Rubenstein, President
     
    /s/ Barry Rubenstein
    Barry Rubenstein
     
    /s/ Marilyn Rubenstein
    Marilyn Rubenstein

Page 14 of 14