UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1 )* TELECOM COMMUNICATIONS INC. --------------------------- (Name of Issuer) Common Stock ------------------------------ (Title of Class of Securities) 879274108 -------------- (CUSIP Number) December 5, 2003 ------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Aaron Tsai c/o MAS Capital Inc. P.O. Box 459 Newburgh, Indiana 47629 (215) 243-8020 ------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |_| Rule 13d-1(b) |X| Rule 13d-1(c) |_| 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 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). Page 1 of 6 -------------------------------------------------------------------------------- CUSIP No.: 879274108 -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON MAS Capital Inc. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 31-1678027 -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [_] -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Indiana -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES 0 BENEFICIALLY --------------------------------------------- 6 SHARED VOTING POWER OWNED BY EACH --------------------------------------------- 7 SOLE DISPOSITIVE POWER REPORTING 0 PERSON --------------------------------------------- 8 SHARED DISPOSITIVE POWER WITH -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0% -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON CO -------------------------------------------------------------------------------- 2 -------------------------------------------------------------------------------- CUSIP No.: 879274108 -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON Aaron Tsai S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [_] -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION USA -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES 0 BENEFICIALLY --------------------------------------------- 6 SHARED VOTING POWER OWNED BY EACH --------------------------------------------- 7 SOLE DISPOSITIVE POWER REPORTING 0 PERSON --------------------------------------------- 8 SHARED DISPOSITIVE POWER WITH -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0% -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON IN -------------------------------------------------------------------------------- 3 Item 1. (a) Name of Issuer: Telecom Communications Inc. (b) Address of Issuer's Principal Executive Offices: 827 Broadway Los Angeles, CA 90014 Item 2. (a) Name of Person Filing: MAS Capital Inc. and Aaron Tsai (MAS Capital Inc. is controlled by Aaron Tsai.) (b) Address of Principal Business Office: MAS Capital Inc. and Aaron Tsai: c/o MAS Capital Inc. PO Box 459 Newburgh, Indiana 47629 (c) Citizenship: MAS Capital Inc. - Indiana, Aaron Tsai - USA. (d) Title of Class of Securities: Common Stock (e) CUSIP Number: 879274108 Item 3. Not Applicable. Item 4. Ownership (a) Amount Beneficially Owned: 0 (b) Percent of Class: 0% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote 0 (ii) shared power to vote or to direct the vote 0 (iii) sole power to dispose or to direct the disposition of 0 (iv) shared power to dispose or to direct the disposition of 0 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. 4 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 a Group Not Applicable. Item 10. Certification Not Applicable. 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. December 8, 2003 MAS Capital Inc. By: /s/ Aaron Tsai ---------------------------------- Aaron Tsai President By: /s/ Aaron Tsai ---------------------------------- Aaron Tsai Page 6 of 6