-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GJxFOj4UZEbon6QxM+p8tsT0Hl/GCwMpEJRhkV0FzqazRV6vYh+8hGYR1Oppmu/k /CHZw7spAVEjvQpkcITO/w== 0001012975-06-000098.txt : 20060214 0001012975-06-000098.hdr.sgml : 20060214 20060214163706 ACCESSION NUMBER: 0001012975-06-000098 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060214 DATE AS OF CHANGE: 20060214 GROUP MEMBERS: CAVALLO CAPITAL CORP. GROUP MEMBERS: MAINFIELD ENTERPRISES INC. GROUP MEMBERS: PINE RIDGE FINANCIAL, INC. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MILLENNIUM CELL INC CENTRAL INDEX KEY: 0001114872 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690] IRS NUMBER: 223726792 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-59513 FILM NUMBER: 06615985 BUSINESS ADDRESS: STREET 1: 1 INDUSTRIAL WAY WEST CITY: EATONTOWN STATE: NJ ZIP: 07724 BUSINESS PHONE: 7325424000 MAIL ADDRESS: STREET 1: INDUSTRIAL WAY WEST CITY: EATONTOWN STATE: NJ ZIP: 07724 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SAGE CAPITAL GROWTH INC CENTRAL INDEX KEY: 0001226882 IRS NUMBER: 000000000 STATE OF INCORPORATION: NY FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 660 MADISON AVENUE STREET 2: 18TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10021 BUSINESS PHONE: 2126519000 MAIL ADDRESS: STREET 1: 660 MADISON AVENUE STREET 2: 18TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10021 SC 13G/A 1 e8318206v2.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 1)* MILLENNIUM CELL INC. - ------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK, PAR VALUE $0.001 PAR SHARE - ------------------------------------------------------------------------------- (Title of Class of Securities) 60038b105 - ------------------------------------------------------------------------------- (CUSIP Number) DECEMBER 31, 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 reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which could 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). Page 1 of 16 Pages 13G - --------------------- --------------------- CUSIP NO. 60038b105 PAGE 2 OF 16 PAGES - --------------------- ----------------------------------- --------------------- 1 NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Sage Capital Growth, Inc. - ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) |X| - ------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION New York - ------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 NUMBER OF --------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 809,442 (1) EACH REPORTING --------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 0 --------------------------------------------- 8 SHARED DISPOSITIVE POWER See Row 6 above - ------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORT PERSON See Row 6 above - ------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |X| - ------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 1.73% (2) - ------------------------------------------------------------------------------- - ------------------- (1) Includes (i) 453,886 shares of Common Stock owned directly by Mainfield Enterprises Inc. and (ii) an aggregate of up to 355,556 shares of Common Stock issuable upon conversion of convertible debentures held by Mainfield Enterprises Inc., which are immediately convertible. (2) Based on the 46,413,092 shares of Common Stock reported to be issued and outstanding on the Issuer's Quarterly Report on Form 10-Q dated November 15, 2005 plus 355,556 shares of Common Stock issuable upon conversion of the convertible debentures held by Mainfield Enterprises Inc. - --------------------- --------------------- CUSIP NO. 60038b105 PAGE 3 OF 16 PAGES - --------------------- ----------------------------------- --------------------- 12 TYPE OF REPORTING PERSON* CO - ------------------------------------------------------------------------------- 13G - --------------------- --------------------- CUSIP NO. 60038b105 PAGE 4 OF 16 PAGES - --------------------- ----------------------------------- --------------------- 1 NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Mainfield Enterprises Inc. - ------------------------------------------------------------------------------- 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 - ------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 NUMBER OF --------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 809,442 (3) EACH REPORTING --------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 0 --------------------------------------------- 8 SHARED DISPOSITIVE POWER See Row 6 above - ------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORT PERSON See Row 6 above - ------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |X| - ------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 1.73% (4) - ------------------------------------------------------------------------------- - ------------------- (3) Includes (i) 453,886 shares of Common Stock owned directly by Mainfield Enterprises Inc. and (ii) an aggregate of up to 355,556 shares of Common Stock issuable upon conversion of convertible debentures held by Mainfield Enterprises Inc., which are immediately convertible. (4) Based on the 46,413,092 shares of Common Stock reported to be issued and outstanding on the Issuer's Quarterly Report on Form 10-Q dated November 15, 2005 plus 355,556 shares of Common Stock issuable upon conversion of the convertible debentures held by Mainfield Enterprises Inc. - --------------------- --------------------- CUSIP NO. 60038b105 PAGE 5 OF 16 PAGES - --------------------- ----------------------------------- --------------------- 12 TYPE OF REPORTING PERSON* CO - ------------------------------------------------------------------------------- 13G - --------------------- --------------------- CUSIP NO. 60038b105 PAGE 6 OF 16 PAGES - --------------------- ----------------------------------- --------------------- 1 NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Cavallo Capital Corp. - ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) |X| - ------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION New York - ------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 NUMBER OF --------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 0 EACH REPORTING --------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 0 --------------------------------------------- 8 SHARED DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORT PERSON 0 - ------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |X| - ------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.0% - --------------------- --------------------- CUSIP NO. 60038b105 PAGE 7 OF 16 PAGES - --------------------- ----------------------------------- --------------------- 12 TYPE OF REPORTING PERSON* CO - ------------------------------------------------------------------------------- 13G - --------------------- --------------------- CUSIP NO. 60038b105 PAGE 8 OF 16 PAGES - --------------------- ----------------------------------- --------------------- 1 NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Pine Ridge Financial, Inc. - ------------------------------------------------------------------------------- 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 - ------------------------------------------------------------------------------- 5 SOLE VOTING POWER 889,580 (5) NUMBER OF --------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 0 EACH REPORTING --------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 889,580 (5) --------------------------------------------- 8 SHARED DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORT PERSON See Row 5 above - ------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |X| - ------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 1.88% (5) - ------------------------------------------------------------------------------- - ------------------- (5) Based on the 46,413,092 shares of Common Stock reported to be issued and outstanding on the Issuer's Quarterly Report on Form 10-Q dated November 15, 2005 plus 889,580 shares of Common Stock issuable upon exercise of the warrants to purchase shares of Common Stock held by Pine Ridge Financial, Inc. - --------------------- --------------------- CUSIP NO. 60038b105 PAGE 9 OF 16 PAGES - --------------------- ----------------------------------- --------------------- 12 TYPE OF REPORTING PERSON* CO - ------------------------------------------------------------------------------- ITEM 1. (a) Name of Issuer Millennium Cell Inc. (b) Address of Issuer's Principal Executive Offices: One Industrial Way West, Eatontown, New Jersey 07724 ITEM 2. (a) Name of Persons Filing: Sage Capital Growth, Inc. ("Sage") Mainfield Enterprises Inc. ("Mainfield") Cavallo Capital Corp. ("Cavallo") Pine Ridge Financial, Inc. ("Pine Ridge") (b) Address of Principal Business Office: Sage: 660 Madison Avenue, 18th floor New York, New York 10021 Mainfield: Icaza, Gonzalez-Ruiz & Aleman (BVI) Trust Limited, Wickhams Cay I, Vanterpool Plaza P.O. Box 873, Road Town Tortolla, British Virgin Islands Cavallo: 660 Madison Avenue, 18th floor New York, New York 10021 Pine Ridge: Icaza, Gonzalez-Ruiz & Aleman (BVI) Trust Limited, Wickhams Cay I, Vanterpool Plaza P.O. Box 873, Road Town Tortolla, British Virgin Islands (c) Citizenship: Sage: New York Mainfield: British Virgin Islands Cavallo: New York Pine Ridge: British Virgin Islands (d) Title of Class of Securities: Common Stock, par value $0.001 per share (e) CUSIP Number: 60038b105 ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b), OR 13d-2(b), 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). (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). If this statement is filed pursuant to Rule 13d-1(c), check this box |X| ITEM 4. OWNERSHIP (a) Amount Beneficially Owned See Row 9 of cover pages. (b) Percent of Class See row 11 of cover pages. (c) Number of shares as to which the person has: (i) Sole power to vote or direct the vote: (ii) Shared power to vote or direct the vote: (iii) Sole power to dispose or to direct the disposition of: (iv) Shared power to dispose or to direct the disposition of: See rows 5-8 of 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 [X]. ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY Inapplicable ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP See the Joint Filing Agreement attached hereto as an Exhibit. ITEM 9. NOTICE OF DISSOLUTION OF THE GROUP Inapplicable 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. 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. SAGE CAPITAL GROWTH, INC. By: /s/ Avi Vigder -------------------- Name: Avi Vigder Title: Director MAINFIELD ENTERPRISES INC. By: /s/ Avi Vigder -------------------- Name: Avi Vigder Title: Authorized Signatory CAVALLO CAPITAL CORP. By: /s/ Avi Vigder -------------------- Name: Avi Vigder Title: Director PINE RIDGE FINANCIAL, INC. By: /s/ Gil Aboodi -------------------- Name: Gil Aboodi Title: Authorized Signatory JOINT FILING AGREEMENT In accordance with rule 13d-1(k)(1) of the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with each other of the attached statement on Schedule 13G, and all amendments thereto, and that such statement, and all amendments thereto, is made on behalf of each of them. IN WITNESS WHEREOF, the undersigned hereby execute this agreement. Sage Capital Growth, Inc. /s/ Avi Vigder ---------------------- Name: Avi Vigder Title: Director Mainfield Enterprises Inc. /s/ Avi Vigder ---------------------- Name: Avi Vigder Title: Authorized Signatory Cavallo Capital Corp. /s/ Avi Vigder ---------------------- Name: Avi Vigder Title: Director Pine Ridge Financial, Inc. /s/ Gil Aboodi ---------------------- Name: Gil Aboodi Title: Authorized Signatory -----END PRIVACY-ENHANCED MESSAGE-----