<SUBMISSION>
<ACCESSION-NUMBER>0000919574-04-001837
<TYPE>4
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20040507
<FILING-DATE>20040603
<ISSUER>
<COMPANY-DATA>
<CONFORMED-NAME>SEGMENTZ INC
<CIK>0001166003
<ASSIGNED-SIC>4700
<IRS-NUMBER>752928175
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<MAIL-ADDRESS>
<STREET1>18302 HIGHWOODS PRESERVE PARKWAY
<CITY>TAMPA
<STATE>FL
<ZIP>33647
</MAIL-ADDRESS>
</ISSUER>
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>KINDERHOOK PARTNERS L P
<CIK>0001220338
</OWNER-DATA>
<FILING-VALUES>
<FORM-TYPE>4
<ACT>34
<FILE-NUMBER>001-32172
<FILM-NUMBER>04847136
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>ONE EXECUTIVE DR SUITE 160
<CITY>FORT LEE
<STATE>NJ
<ZIP>07024
<PHONE>210-461-9292
</BUSINESS-ADDRESS>
</REPORTING-OWNER>
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>KINDERHOOK GP LLC
<CIK>0001266402
</OWNER-DATA>
<FILING-VALUES>
<FORM-TYPE>4
<ACT>34
<FILE-NUMBER>001-32172
<FILM-NUMBER>04847135
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>1 EXECUTIVE DRIVE
<STREET2>SUITE 160
<CITY>FORT LEE
<STATE>NJ
<ZIP>07024
<PHONE>2124808421
</BUSINESS-ADDRESS>
</REPORTING-OWNER>
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>CLEARMAN STEPHEN J
<CIK>0001032874
</OWNER-DATA>
<FILING-VALUES>
<FORM-TYPE>4
<ACT>34
<FILE-NUMBER>001-32172
<FILM-NUMBER>04847137
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>ONE EXECUTIVE DRIVE, SUITE 160
<CITY>FORT LEE
<STATE>NJ
<ZIP>07024
<PHONE>210-461-9292
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>ONE EXECUTIVE DRIVE, SUITE 160
<CITY>FORT LEE
<STATE>NJ
<ZIP>07024
</MAIL-ADDRESS>
</REPORTING-OWNER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>p490540_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2004-05-07</periodOfReport>

    <notSubjectToSection16>1</notSubjectToSection16>

    <issuer>
        <issuerCik>0001166003</issuerCik>
        <issuerName>SEGMENTZ INC</issuerName>
        <issuerTradingSymbol>SZI</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001032874</rptOwnerCik>
            <rptOwnerName>CLEARMAN STEPHEN J</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>ONE EXECUTIVE DRIVE, SUITE 160</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>FORT LEE</rptOwnerCity>
            <rptOwnerState>NJ</rptOwnerState>
            <rptOwnerZipCode>07024</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>See Footnote 1</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001220338</rptOwnerCik>
            <rptOwnerName>KINDERHOOK PARTNERS L P</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>ONE EXECUTIVE DR SUITE 160</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>FORT LEE</rptOwnerCity>
            <rptOwnerState>NJ</rptOwnerState>
            <rptOwnerZipCode>07024</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>See Footnote 1</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001266402</rptOwnerCik>
            <rptOwnerName>KINDERHOOK GP LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1 EXECUTIVE DRIVE</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 160</rptOwnerStreet2>
            <rptOwnerCity>FORT LEE</rptOwnerCity>
            <rptOwnerState>NJ</rptOwnerState>
            <rptOwnerZipCode>07024</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>See Footnote 1</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2004-05-07</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>0</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1500000</value>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By: Kinderhook Partnes, LP</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Warrant</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>1.50</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2004-05-07</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>0</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2003-12-22</value>
            </exerciseDate>
            <expirationDate>
                <value>2008-12-22</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>750000</value>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By: Kinderhook Partners, LP</value>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Pursuant to the Issuer's most recent Form 10-QSB for the Quarterly Period Ended March 31, 2004, as of May 7, 2004, the Issuer
has 25,845,667 shares of Common Stock issued and outstanding. This reduces the Reporting Person's and the joint filers'
beneficial ownership interest below 10%.</footnote>
        <footnote id="F2">Each of the Reporting Person and the joint filers disclaims beneficial ownership of the reported securities except to the
extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person
or any joint filer is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of
1934, as amended, or for any other purpose.</footnote>
        <footnote id="F3">These securities are held in the account of Kinderhook Partners, LP (the &quot;Partnership&quot;) for which Kinderhook GP, LLC (the
&quot;General Partner &quot;) serves as general partner. Stephen J. Clearman is the managing member of the General Partner. The
General Partner and Mr. Clearman may be deemed to beneficially own the securities held by the Partnership by virtue of the
General Partner's position as the general partner of the Partnership and Mr. Clearman's status as the managing member of the
General Partner.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>By: /s/ Stephen J. Clearman</signatureName>
        <signatureDate>2004-06-03</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Kinderhook GP, LLC By: /s/ Stephen J. Clearman, Managing Member</signatureName>
        <signatureDate>2004-06-03</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Kinderhook Partners, LP By: Kinderhook GP, LLC, General Partner By: /s/ Stephen J. Clearman, Managing Member</signatureName>
        <signatureDate>2004-06-03</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SUBMISSION>
