UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. ___)* RIDGEFIELD ACQUISITION CORP. --------------------------------------------- (Name of Issuer) COMMON STOCK (PAR VALUE $.10 PER SHARE) --------------------------------------------- (Title of Class of Securities) 765816103 ---------------------- (CUSIP Number) DECEMBER 22, 2005 --------------------------------------------- (Date of Event Which Requires Filing of this Statement) 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 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). CUSIP NO. 765816103 13G -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON EUGENE OSHINSKY, AS TRUSTEE -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[X] (b)[ ] -------------------------------------------------------------------------------- 3. SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION USA -------------------------------------------------------------------------------- 5. SOLE VOTING POWER NUMBER OF 0 SHARES --------------------------------------------------------- BENEFICIALLY 6. SHARED VOTING POWER OWNED BY 106,000 EACH --------------------------------------------------------- REPORTING 7. SOLE DISPOSITIVE POWER PERSON 0 WITH --------------------------------------------------------- 8. SHARED DISPOSITIVE POWER 106,000 -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 106,000(1) -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 11.51% -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON IN (1) These shares are held directly by RAM Capital Management Trust #01, a Massachusetts trust. The Reporting Persons, Eugene Oshinsky and Rosa Oshinsky, in their capacities as trustees of the trust, are deemed to have beneficial ownership of the shares. 2 CUSIP NO. 7658161033 13G 1. NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ROSA OSHINSKY, AS TRUSTEE -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[X] (b)[ ] -------------------------------------------------------------------------------- 3. SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION USA -------------------------------------------------------------------------------- 5. SOLE VOTING POWER NUMBER OF 0 SHARES --------------------------------------------------------- BENEFICIALLY 6. SHARED VOTING POWER OWNED BY 106,000 EACH --------------------------------------------------------- REPORTING 7. SOLE DISPOSITIVE POWER PERSON 0 WITH --------------------------------------------------------- 8. SHARED DISPOSITIVE POWER 106,000 -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 106,000(2) -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 11.51% -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON IN (2) These shares are held directly by RAM Capital Management Trust #01, a Massachusetts trust. The Reporting Persons, Eugene Oshinsky and Rosa Oshinsky, in their capacities as trustees of the trust, are deemed to have beneficial ownership of the shares. 3 Item 1(a). Name of Issuer: RIDGEFIELD ACQUISITION CORP. Item 1(b). Address of Issuer's Principal Executive Offices: 100 MILL PLAIN ROAD DANBURY, CT 06811 Item 2(a). Name of Persons Filing: EUGENE OSHINSKY ROSA OSHINSKY Item 2(b). Address of Principal Business Office or, if none, Residence: 5700 WHITE HICKORY CIRCLE TAMARAC, FL 33319 Item 2(c). Citizenship: USA Item 2(d). Title of Class of Securities: COMMON STOCK, PAR VALUE $.10 PER SHARE Item 2(e). CUSIP Number: 765816103 Item 3. NOT APPLICABLE. THIS SCHEDULE 13G IS FILED PURSUANT TO RULE 13D-1(C). Item 4. Ownership (a). Amount beneficially owned: SEE RESPONSES TO ITEM 9 ON THE ATTACHED COVER PAGES (b). Percent of Class: SEE RESPONSES TO ITEM 11 ON THE ATTACHED COVER PAGES (c). Number of shares as to which such person has: 4 (i). Sole power to vote or to direct the vote: SEE RESPONSES TO ITEM 5 ON THE ATTACHED COVER PAGES (ii). Shared power to vote or to direct the vote: SEE RESPONSES TO ITEM 6 ON THE ATTACHED COVER PAGES (iii).Sole power to dispose or to direct the disposition of: SEE RESPONSES TO ITEM 7 ON THE ATTACHED COVER PAGES (iv). Shared power to dispose or to direct the disposition of: SEE RESPONSES TO ITEM 8 ON THE ATTACHED COVER PAGES 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 [ ]. NOT APPLICABLE Item 6. Ownership of More than Five Percent on Behalf of Another Person. NOT APPLICABLE Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person NOT APPLICABLE Item 8. Identification and Classification of Members of the Group THE REPORTING PERSONS ARE MEMBERS OF A GROUP BASED ON VOTING AND DISPOSITION ARRANGEMENTS FOR THE RAM CAPITAL MANAGEMENT TRUST #01, A MASSACHUSETTS TRUST, AS SET FORTH IN THE DECLARATION AND CONTRACT OF TRUST, DATED AS OF JANUARY 2, 2000. Item 9. Notice of Dissolution of Group NOT APPLICABLE 5 Item 10. Certification BY SIGNING BELOW I CERTIFY THAT, TO THE BEST OF MY 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. 6 SIGNATURES 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: January 3, 2006 /s/ Eugene Oshinsky --------------------------- Eugene Oshinsky /s/ Rosa Oshinsky --------------------------- Rosa Oshinsky 7 EXHIBIT A JOINT FILING AGREEMENT We, Eugene Oshinsky and Rosa Oshinsky, the signatories of the statement on Schedule 13G to which this Joint Filing Agreement is attached, hereby agree that such statement is filed jointly on behalf of Eugene Oshinsky and Rosa Oshinsky. Any subsequent amendments thereto filed by either of us will be filed jointly on behalf of Eugene Oshinsky and Rosa Oshinsky. Dated: January 3, 2006 /s/ Eugene Oshinsky --------------------------- Eugene Oshinsky /s/ Rosa Oshinsky --------------------------- Rosa Oshinsky 8