0001169232-05-000425.txt : 20120705
0001169232-05-000425.hdr.sgml : 20120704
20050203145801
ACCESSION NUMBER: 0001169232-05-000425
CONFORMED SUBMISSION TYPE: SC 13G
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20050203
DATE AS OF CHANGE: 20050203
GROUP MEMBERS: DAVID F. FIRESTONE
GROUP MEMBERS: MERCATOR MOMENTUM FUND III, L.P.
GROUP MEMBERS: MERCATOR MOMENTUM FUND, L.P.
GROUP MEMBERS: MONARCH POINTE FUND, LTD.
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: GENETHERA INC
CENTRAL INDEX KEY: 0001017110
STANDARD INDUSTRIAL CLASSIFICATION: BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836]
IRS NUMBER: 660622463
STATE OF INCORPORATION: FL
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-79015
FILM NUMBER: 05572945
BUSINESS ADDRESS:
STREET 1: 3930 YOUNGFIELD STREET
CITY: WHEAT RIDGE
STATE: CO
ZIP: 80033
BUSINESS PHONE: 3034636371
MAIL ADDRESS:
STREET 1: 3930 YOUNGFIELD STREET
CITY: WHEAT RIDGE
STATE: CO
ZIP: 80033
FORMER COMPANY:
FORMER CONFORMED NAME: HAND BRAND DISTRIBUTION INC
DATE OF NAME CHANGE: 19990818
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: MERCATOR ADVISORY GROUP LLC
CENTRAL INDEX KEY: 0001218181
IRS NUMBER: 300021359
FILING VALUES:
FORM TYPE: SC 13G
BUSINESS ADDRESS:
STREET 1: 555 S. FLOWER ST.
STREET 2: SUITE 4500
CITY: LOS ANGELES
STATE: CA
ZIP: 90071
BUSINESS PHONE: 2135338288
MAIL ADDRESS:
STREET 1: 555 SOUTH FLOWER ST.
STREET 2: SUITE 4500
CITY: LOS ANGELES
STATE: CA
ZIP: 90071
SC 13G
1
d62049_sc13g.txt
SCHEDULE 13G
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )
GENETHERA, INC.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
37185E207
(CUSIP Number)
January 18, 2005
(Date of Event Which Requires Filing of this Statement)
| | Rule 13d-1(b)
|X| Rule 13d-1(c)
| | Rule 13d-1(d)
SCHEDULE 13G
------------------- -------------------
CUSIP No. 37185E207 Page 2 of 13 Pages
------------------- -------------------
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Mercator Momentum Fund, L.P. EIN: 03-0021366
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) | |
(b) |X|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
California
--------------------------------------------------------------------------------
NUMBER OF 5. SOLE VOTING POWER
SHARES 0
-----------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 407,516
-----------------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
-----------------------------------------------------------------
PERSON 8. SHARED DISPOSITIVE POWER
WITH 407,516
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
407,516
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
| |
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
2.164%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
SCHEDULE 13G
------------------- -------------------
CUSIP No. 37185E207 Page 3 of 13 Pages
------------------- -------------------
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Mercator Momentum Fund III, L.P. EIN: 32-0056070
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) | |
(b) |X|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
California
--------------------------------------------------------------------------------
NUMBER OF 5. SOLE VOTING POWER
SHARES 0
-----------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 266,452
-----------------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
-----------------------------------------------------------------
PERSON 8. SHARED DISPOSITIVE POWER
WITH 266,452
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
266,452
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
| |
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
1.425%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
SCHEDULE 13G
------------------- -------------------
CUSIP No. 37185E207 Page 4 of 13 Pages
------------------- -------------------
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Monarch Pointe Fund, Ltd.
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) | |
(b) |X|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
--------------------------------------------------------------------------------
NUMBER OF 5. SOLE VOTING POWER
SHARES 0
-----------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 893,401
-----------------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
-----------------------------------------------------------------
PERSON 8. SHARED DISPOSITIVE POWER
WITH 893,401
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
893,401
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
| |
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
4.625%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
SCHEDULE 13G
------------------- -------------------
CUSIP No. 37185E207 Page 5 of 13 Pages
------------------- -------------------
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Mercator Advisory Group, LLC EIN: 300021359
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) | |
(b) |X|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
California
--------------------------------------------------------------------------------
NUMBER OF 5. SOLE VOTING POWER
SHARES 0
-----------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 1,686,934, some of which are held by Mercator Momentum Fund
and Mercator Momentum Fund III (together, the "Funds"), some
of which are owned by Monarch Pointe Fund, Ltd. ("MPF"), and
some of which are owned by Mercator Advisory Group, LLC
("MAG"). MAG is the general partner of the Funds and
controls the investments of MPF.
-----------------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
-----------------------------------------------------------------
PERSON 8. SHARED DISPOSITIVE POWER
WITH 1,686,934, some of which are held by the Funds, some by MPF
and some by MAG.
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,686,934
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
| |
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.388%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON
IA
--------------------------------------------------------------------------------
SCHEDULE 13G
------------------- -------------------
CUSIP No. 37185E207 Page 6 of 13 Pages
------------------- -------------------
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
David F. Firestone
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) | |
(b) |X|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
USA
--------------------------------------------------------------------------------
NUMBER OF 5. SOLE VOTING POWER
SHARES 0
-----------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 1,686,934, all of which are held by the Funds, MPF and MAG.
David F. Firestone is Managing Member of MAG.
-----------------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
-----------------------------------------------------------------
PERSON 8. SHARED DISPOSITIVE POWER
WITH 1,686,934, all of which are held by the Funds, MPF and MAG.
David F. Firestone is Managing Member of MAG.
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,686,934
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
| |
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.388%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
SCHEDULE 13G
------------------- -------------------
CUSIP No. 37185E207 Page 7 of 13 Pages
------------------- -------------------
This statement is hereby amended and restated in its entirety as follows:
Item 1. Issuer.
(a) The name of the issuer is GeneThera, Inc. (the "Issuer").
(b) The address of the Issuer's principal executive office is 3930
Youngfield Street, Wheat Ridge, Colorado 80033.
Item 2. Reporting Person and Security.
(a) Mercator Momentum Fund, L.P. ("Momentum Fund") and Mercator Momentum
Fund III, L.P. ("Momentum Fund III" and, with Momentum Fund, the "Funds") are
private investment limited partnerships organized under California law. The
general partner of each of the Funds is Mercator Advisory Group, LLC ("MAG"), a
California limited liability company. David F. Firestone is the Managing Member
of MAG. Monarch Pointe Fund, Ltd. ("MPF") is a corporation organized under the
laws of the British Virgin Island. MAG controls the investments of MPF. The
Funds, MPF, MAG and David F. Firestone are referred to herein as the "Reporting
Persons."
(b) The business address of each of the Funds, MAG and David F. Firestone
is 555 S. Flower Street, Suite 4200, Los Angeles, CA 90071. The business address
of MPF is c/o Bank of Ireland Securities Services, Ltd., New Century House,
International Financial Services Center, Mayor Street Lower, Dublin 1, Republic
of Ireland.
(c) Each of the Funds is a California limited partnership. MAG, their
general partner, is a California limited liability company. MPF is a corporation
organized under the laws of the British Virgin Islands.
(d) The title of the class of securities to which this statement relates
is the common stock of the Issuer, par value $0.001 per share (the "Common
Stock").
(e) The CUSIP number is 37185E207.
Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b) or 13d-2(b) or (c),
Check Whether the Person Filing is a:
(a) | | Broker or dealer registered under Section 15 of the Act (15 U.S.C.
78o).
(b) | | Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c).
(c) | | Insurance company as defined in Section 3(a)(19) of the Act (15
U.S.C. 78c).
(d) | | Investment company registered under Section 8 of the Investment
Company Act of 1940 (15 U.S.C. 80a-8).
SCHEDULE 13G
------------------- -------------------
CUSIP No. 37185E207 Page 8 of 13 Pages
------------------- -------------------
(e) | | An investment adviser in accordance with ss.
240.13d-1(b)(1)(ii)(E).
(f) | | An employee benefit plan or endowment fund in accordance with ss.
240.13d-1(b)(1)(ii)(F).
(g) | | A parent holding company or control person in accordance with ss.
240.13d-1(b)(1)(ii)(G).
(h) | | A savings association as defined in Section 3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813).
(i) | | 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) | | Group, in accordance with ss. 240.13d-1(b)(1)(ii)(J).
Not Applicable.
Item 4. Ownership.
The Funds, MPF and MAG each own warrants to purchase shares of Common
Stock. The Funds and MPF each own shares of the Series A Preferred Stock
("Series A Shares") issued by the Issuer which are convertible into Common
Stock. Each Series A Share is convertible into the number of shares of Common
Stock determined by dividing $100.00 by the Conversion Price at the time of
conversion. The Conversion Price is initially $1.01 (the "Initial Conversion
Price"); provided, however, in the event that (x) more than sixty (60) days
shall have elapsed from January 14, 2005, and (y) at the date of conversion of
some or all of the Series A Shares, the Market Price of the Common Stock, which
is defined as the average of the lowest three intra-day trading prices of the
Common Stock during the fifteen (15) trading days immediately preceding the date
of conversion, is less than $1.11, the Conversion Price shall be adjusted to a
price equal to eighty percent (80%) of the Market Price on the conversion date;
provided that the Conversion Price for subsequent conversions shall be equal to
the Initial Conversion Price except as may be adjusted in accordance with
clauses (x) and (y) above.
In addition to the adjustment described in the preceding paragraph, the
Conversion Price is subject to adjustment for stock splits and similar events as
provided in the documentation governing the terms of the Series A Shares,
including upon the occurrence of any Event of Default. Upon the occurrence of
any Event of Default, as defined in the documentation governing the terms of the
Series A Shares, the Conversion Price applicable to any future conversion shall
be reduced by ten percent (10%).
The documentation governing the terms of the warrants and the Series A
Shares contains provisions prohibiting any exercise of the warrants or
conversion of Series A Shares that would result in the Reporting Persons owning
beneficially more than 9.99% of the outstanding shares of Common Stock as
determined under Section 13(d) of the Securities Exchange Act of 1934. The
SCHEDULE 13G
------------------- -------------------
CUSIP No. 37185E207 Page 9 of 13 Pages
------------------- -------------------
Reporting Persons have never had beneficial ownership of more than 9.99% of the
outstanding shares of Common Stock.
As of January 18, 2005, the Funds, MPF and MAG owned the following
securities of the Issuer:
Momentum Fund owned 2,860 Series A Shares and warrants to purchase up to
124,348 shares of Common Stock.
Momentum Fund III owned 1,870 Series A Shares and warrants to purchase up
to 81,304 shares of Common Stock.
MPF owned 6,270 Series A Shares and warrants to purchase up to 272,609
shares of Common Stock.
MAG owned warrants to purchase up to 119,565 shares of Common Stock.
David F. Firestone owned no securities of the Issuer directly.
The right to vote and the right to dispose of the shares beneficially
owned by Momentum Fund, Momentum Fund III and MPF are, in each case, shared
among either Momentum Fund, Momentum Fund III or MPF, as applicable, and both
MAG and David F. Firestone. The right to vote and the right to dispose of the
shares beneficially owned by MAG are shared by MAG and David F. Firestone.
Assuming that the Issuer had 18,425,455 shares of Common Stock outstanding
as of January 18, 2005, which is the number reported by the Issuer as
outstanding as of September 30, 2004 in its Quarterly Report on Form 10-QSB for
the quarter ended September 30, 2004, the individual Reporting Persons had
beneficial ownership of the following numbers of shares of Common Stock which
represented the following percentages of the Common Stock outstanding:
Shares Owned Percentage
------------ ----------
Momentum Fund 407,516 2.164%
Momentum Fund III 266,452 1.425%
MPF 893,401 4.625%
MAG 1,686,934 8.388%
David F. Firestone 1,686,934 8.388%
The percentages of the outstanding Common Stock held by the Reporting
Parties set forth above and on the cover pages to this report were determined
using a Conversion Price of $1.01.
SCHEDULE 13G
------------------- -------------------
CUSIP No. 37185E207 Page 10 of 13 Pages
------------------- -------------------
Item 5. Ownership of Five Percent or Less of a Class.
If this Schedule 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.
Not Applicable.
Item 9. Notice of Dissolution of Group.
Not Applicable.
Item 10. Certifications.
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.
SCHEDULE 13G
------------------- -------------------
CUSIP No. 37185E207 Page 11 of 13 Pages
------------------- -------------------
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.
Dated: February 2, 2005 MERCATOR MOMENTUM FUND, L.P.
By: MERCATOR ADVISORY GROUP, LLC,
its general partner
By: /s/ Harry Aharonian
----------------------------------
Harry Aharonian, Portfolio Manager
Dated: February 2, 2005 MERCATOR MOMENTUM FUND III, L.P.
By: MERCATOR ADVISORY GROUP, LLC,
its general partner
By: /s/ Harry Aharonian
----------------------------------
Harry Aharonian, Portfolio Manager
Dated: February 2, 2005 MONARCH POINTE FUND, LTD.
By: /s/ Harry Aharonian
----------------------------------
Harry Aharonian, Director
Dated: February 2, 2005 MERCATOR ADVISORY GROUP, LLC
By: /s/ Harry Aharonian
----------------------------------
Harry Aharonian, Portfolio Manager
Dated: February 2, 2005
/s/ David F. Firestone
--------------------------------------
David F. Firestone
SCHEDULE 13G
------------------- -------------------
CUSIP No. 37185E207 Page 12 of 13 Pages
------------------- -------------------
EXHIBIT INDEX
Exhibit A Agreement of Joint Filing
SCHEDULE 13G
------------------- -------------------
CUSIP No. 37185E207 Page 13 of 13 Pages
------------------- -------------------
EXHIBIT A
AGREEMENT OF JOINT FILING
The undersigned hereby agree that they are filing jointly pursuant to Rule
13d-1 of the Securities Exchange Act of 1934 a report on Schedule 13G,
containing the information required by Schedule 13G, for shares of the common
stock of GeneThera, Inc. beneficially owned by Mercator Momentum Fund, L.P.,
Mercator Momentum Fund III, L.P., Monarch Pointe Fund, Ltd., Mercator Advisory
Group, LLC and David F. Firestone and such other holdings as may be reported
therein.
MERCATOR MOMENTUM FUND, L.P.
By: MERCATOR ADVISORY GROUP, LLC,
its general partner
By: /s/ Harry Aharonian
----------------------------------
Harry Aharonian, Portfolio Manager
MERCATOR MOMENTUM FUND III, L.P.
By: MERCATOR ADVISORY GROUP, LLC,
its general partner
By: /s/ Harry Aharonian
----------------------------------
Harry Aharonian, Portfolio Manager
MERCATOR ADVISORY GROUP, LLC
By: /s/ Harry Aharonian
----------------------------------
Harry Aharonian, Portfolio Manager
MONARCH POINTE FUND, LTD.
By: /s/ Harry Aharonian
----------------------------------
Harry Aharonian, Director
/s/ David F. Firestone
--------------------------------------
David F. Firestone