SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ---------------- SCHEDULE 13D (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) (Amendment No. __________ )(1) TTI HOLDINGS OF AMERICA CORP. -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, Par Value $0.0001 -------------------------------------------------------------------------------- (Title of Class of Securities) 873047 10 4 -------------------------------------------------------------------------------- (CUSIP Number) Crossover Advisors, LLC Arnold P. Kling 545 Madison Avenue, 6th Floor New York, NY 10022 (212) 755-8777 -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) November 15, 2001 -------------------------------------------------------------------------------- (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 Rule 13d-1(e), 13d-1(f) or 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 Rule 13d-7 for other parties to whom copies are to be sent. ---------- (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 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 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.873047 10 4 13D Page 2 of 4 Pages -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Crossover Advisors, LLC: 13-4185047 -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [_] -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* N/A -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] N/A -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 950,000 SHARES _________________________________________________________________ 8 SHARED VOTING POWER BENEFICIALLY OWNED BY ----------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 950,000 PERSON _________________________________________________________________ 10 SHARED DISPOSITIVE POWER WITH -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 950,000 -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [-] -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 14.0% -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO -------------------------------------------------------------------------------- CUSIP No.873047 10 4 13D Page 3 of 4 Pages ITEM 1. SECURITY AND ISSUER The class of securities to which this statement relates in the common stock, $0.0001 par value (the "Common Stock") of TTI Holdings of America Corp., a Delaware corporation (the "Issuer"), the principal executive offices of which are located at 545 Madison Avenue, 6th Floor, New York, New York 10022. ITEM 2. IDENTITY AND BACKGROUND (a) - (c) Name Principal Occupation Employer Address (d) None (e) None (f) United States ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION Payment for Consulting services for the Company ITEM 4. PURPOSE OF TRANSACTION Shares acquired for investment purposes ITEM 5. INTEREST IN SECURITIES OF THE ISSUER (a) Crossover Advisors, LLC beneficially now owns 950,000 shares of the Common Stock of the Issuer, which represents approximately 14.0% of the Issuer's outstanding Common Stock. (b) JWZ Holdings, Inc. and Adelphia Holdings, LLC. have sole voting and dispositive power with respect to the 950,000 shares of the Issuer's Common Stock. CUSIP No.873047 10 4 13D Page 4 of 4 Pages (c) Effective November 15, 2001, Crossover Advisors, LLC and TTI Holdings of America Corp., amended the Consulting Agreement. (d) Not Applicable (e) Not Applicable ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER To the best knowledge of the undersigned, there are no contracts, arrangements, understanding or relationships (legal or otherwise) between the undersigned and any person with respect to any securities of the Issuer, including, but not limited to transfer or voting of any securities, finder's fees, joint ventures, loan or option agreement, puts or call, guarantees of profits, division of profits or loss, or the giving or withholding of proxies. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS Consulting Agreement, with amendments, annexed hereto. 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. December 5, 2001 ---------------------------------------- (Date) /s/ Arnold P. Kling ---------------------------------------- (Signature) Manager ---------------------------------------- (Name/Title) Attention. Intentional misstatements or omissions of fact constitute federal criminal violations (see 18 U.S.C. 1001).