-----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, P9nWw82Zr3FBlZ9lYqYv6Wz3sYytcBsvOunhqElRgCtsTy+4drj5WxbBvVFJmqCk v0W4VMVwIRxLK8iv1TRNIg== 0000899140-07-001275.txt : 20070709 0000899140-07-001275.hdr.sgml : 20070709 20070709162952 ACCESSION NUMBER: 0000899140-07-001275 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20070709 DATE AS OF CHANGE: 20070709 GROUP MEMBERS: NADER TAVAKOLI SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MPC CORP CENTRAL INDEX KEY: 0001289871 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 841577562 STATE OF INCORPORATION: CO FISCAL YEAR END: 1229 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-80634 FILM NUMBER: 07969773 BUSINESS ADDRESS: STREET 1: 906 E. KARCHER RD. CITY: NAMPA STATE: ID ZIP: 83687 BUSINESS PHONE: 208-893-3434 MAIL ADDRESS: STREET 1: 906 E. KARCHER RD. CITY: NAMPA STATE: ID ZIP: 83687 FORMER COMPANY: FORMER CONFORMED NAME: HyperSpace Communications, Inc. DATE OF NAME CHANGE: 20040511 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: EagleRock Capital Management, L.L.C. CENTRAL INDEX KEY: 0001245844 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 551 FIFTH AVENUE 34TH FL CITY: NEW YORK STATE: NY ZIP: 10176 BUSINESS PHONE: 2126925412 MAIL ADDRESS: STREET 1: 551 FIFTH AVENUE 34TH FL CITY: NEW YORK STATE: NY ZIP: 10176 FORMER COMPANY: FORMER CONFORMED NAME: EAGLEROCK CAPIAL MANAGEMENT LLC DATE OF NAME CHANGE: 20030624 SC 13G 1 m3824860a.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No.)* MPC CORPORATION - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, no par value - -------------------------------------------------------------------------------- (Title of Class of Securities) 44915D103 --------- (CUSIP Number) October 4, 2006 --------------- (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 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). - ------------------- ----------------- CUSIP No. 44915D103 13G Page 2 of 7 Pages - ------------------- ----------------- - ---------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON EagleRock Capital Management, LLC - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - --------------------- ----- ---------------------------------------------------- 5 SOLE VOTING POWER 1,451,186* NUMBER OF ----- ---------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY ----- ---------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 1,451,186* WITH ----- ---------------------------------------------------- 8 SHARED DISPOSITIVE POWER - ---------- --------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,451,186* - ---------- --------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ---------- --------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.9% (see Item 4) - ---------- --------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* 00 - ---------- --------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT - ------------------- ----------------- CUSIP No. 44915D103 13G Page 3 of 7 Pages - ------------------- ----------------- - ---------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Nader Tavakoli - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - --------------------- ----- ---------------------------------------------------- 5 SOLE VOTING POWER 1,451,186* NUMBER OF ----- ---------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY ----- ---------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 1,451,186* WITH ----- ---------------------------------------------------- 8 SHARED DISPOSITIVE POWER - ---------- --------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,451,186* - ---------- --------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ---------- --------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.9% (see Item 4) - ---------- --------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* 00 - ---------- --------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT SCHEDULE 13G ------------ This Schedule 13G (the "Schedule 13G") is being filed on behalf of EagleRock Capital Management, LLC, a Delaware limited liability company ("EagleRock Capital"), and Mr. Nader Tavakoli the principal of EagleRock, relating to shares of Common Stock, no par value (the "Common Stock"), of MPC Corporation, a Colorado corporation (the "Issuer"). Item 1(a) Name of Issuer: -------------- MPC Corporation Item 1(b) Address of Issuer's Principal Executive Offices: ----------------------------------------------- 906 E. Karcher Rd. Nampa, ID 83687 Items 2(a) Name of Person Filing: --------------------- EagleRock Capital Management, LLC and Nader Tavakoli. Item 2(b) Address of Principal Business Office: ------------------------------------ 24 West 40th St., 10th Floor New York, NY 10018 Item 2(c) Citizenship: ----------- EagleRock Capital is a limited liability company organized under the laws of the state of Delaware. Nader Tavakoli is the Manager of EagleRock Capital and is a United States citizen. Item 2(d) Title of Class of Securities: ---------------------------- Common Stock, no par value Item 2(e) CUSIP Number: ------------ 44915D103 Item 3 Not Applicable Item 4 Ownership: --------- The percentages used herein are calculated based upon the 13,075,208 shares of Common Stock which the Issuer reported outstanding as of Page 4 of 7 April 30, 2007 on the Issuer's quarterly report on Form 10-Q filed with the Securities and Exchange Commission on May 15, 2007. 1. EagleRock Capital Management, LLC (a) Amount beneficially owned: 1,451,186* (b) Percent of class: 9.9% (c)(i) Sole power to vote or direct the vote: 1,451,186* (ii) Shared power to vote or direct the vote: -0- (iii) Sole power to dispose or direct the disposition: 1,451,186* (iv) Shared power to dispose or direct the disposition: -0- 2. Nader Tavakoli (a) Amount beneficially owned: 1,451,186* (b) Percent of class: 9.9% (c)(i) Sole power to vote or direct the vote: 1,451,186* (ii) Shared power to vote or direct the vote: -0- (iii) Sole power to dispose or direct the disposition: 1,451,186* (iv) Shared power to dispose or direct the disposition: -0- * This Schedule 13G relates to warrants and convertible debentures purchased by Nader Tavakoli and EagleRock Capital for the accounts of EagleRock Master Fund, LP ("ERMF"), a Cayman Islands limited partnership, and EagleRock Institutional Partners LP ("ERIP"), a Delaware limited partnership. ERMF holds a warrant to purchase 125,000 shares of Common Stock and a convertible debenture to purchase 333,333 shares of Common Stock for the accounts of EagleRock Capital Partners, L.P., EagleRock Capital Partners (QP), LP, both Delaware limited partnerships, and EagleRock Capital Partners Offshore Fund, Ltd. (together the "Capital Funds"). ERIP holds a warrant to purchase 375,000 shares of Common Stock and a convertible debenture to purchase 1,000,000 shares of Common Stock. EagleRock Capital acts as investment manager to each of the Capital Funds, ERMF and ERIP, and Mr. Tavakoli, as manager of EagleRock Capital, controls the investment decisions of EagleRock Capital. Each of the warrants and the convertible debentures may be currently exercised or converted by the holder. The Shares reported in this Schedule 13G do not include 382,147 of the shares of Common Stock issuable upon exercise of the warrants and conversion of the convertible debentures. The warrants and the convertible debentures contain certain restrictions on their exercise or conversion, including an issuance limitation prohibiting the holder and its affiliates from exercising the warrants or converting the convertible debentures to the extent that such exercise or conversion would result in the beneficial ownership by such holder and its affiliates of more than Page 5 of 7 9.99% of the number of shares outstanding immediately after giving effect to the issuance of shares upon exercise of the warrants or conversion of the convertible debentures (the "Blocker"). If the Blocker were not in place, as of the date hereof, EagleRock Capital and Mr. Tavakoli may be deemed to beneficially own 1,833,333 shares of Common Stock. ERMF, ERIP, EagleRock Capital and Mr. Tavakoli currently hold no shares of Common Stock. By reason of the provisions of Rule 13d-3 of the Securities Exchange Act of 1934, as amended, each of EagleRock Capital and Mr. Tavakoli may be deemed to beneficially own 1,451,186 shares of Common Stock constituting approximately 9.9% of the Common Stock outstanding. Each of EagleRock Capital and Mr. Tavakoli disclaim beneficial ownership of any of the securities covered by this statement. 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. [ ] 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: ----------------------------------------- Not Applicable Item 8 Identification and Classification of Members -------------------------------------------- of the Group: ------------ Not Applicable Item 9 Notice of Dissolution of Group: ------------------------------ Not Applicable Page 6 of 7 Item 10 Certification: ------------- By signing below the signatory certifies that, to the best of his 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. Exhibit 99.1 Joint Filing Agreement dated July 9, 2007 between EagleRock Capital Management, LLC and Nader Tavakoli. 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: July 9, 2007 EAGLEROCK CAPITAL MANAGEMENT, LLC By: /s/ Nader Tavakoli --------------------------------- Name: Nader Tavakoli Title: Managing Member NADER TAVAKOLI /s/ Nader Tavakoli - ------------------------------------ Page 7 of 7 EX-99.1 2 m3824860b.txt JOINT FILING AGREEMENT Exhibit 99.1 JOINT FILING AGREEMENT The undersigned hereby agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, and that all subsequent amendments to this statement on Schedule 13G may be filed on behalf of each of the undersigned without the necessity of filing additional joint filing agreements. Dated: July 9, 2007 EAGLEROCK CAPITAL MANAGEMENT, LLC By: /s/ Nader Tavakoli --------------------------------- Name: Nader Tavakoli Title: Managing Member NADER TAVAKOLI /s/ Nader Tavakoli - ------------------------------------ -----END PRIVACY-ENHANCED MESSAGE-----