-----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, PUcHnXPLplQogHqxzfowodaK6rZG9eSWUEgDMShUHSxng2CLSzR/89nE1LH/fgxi qBsAsKEDm3rAXuGL78zYiA== 0001144204-07-010212.txt : 20070227 0001144204-07-010212.hdr.sgml : 20070227 20070227145303 ACCESSION NUMBER: 0001144204-07-010212 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070227 DATE AS OF CHANGE: 20070227 GROUP MEMBERS: LIGHTHOUSE CAPITAL INSURANCE COMPANY GROUP MEMBERS: THE RONALD VALENTA IRREVOCABLE LIFE INSURANCE TRUST NO. 1 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: General Finance CORP CENTRAL INDEX KEY: 0001342287 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-81724 FILM NUMBER: 07652867 BUSINESS ADDRESS: STREET 1: 260 S. LOS ROBLES #217 CITY: PASADENA STATE: CA ZIP: 91101 BUSINESS PHONE: 626-795-0040 MAIL ADDRESS: STREET 1: 260 S. LOS ROBLES #217 CITY: PASADENA STATE: CA ZIP: 91101 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: OLOWALU HOLDINGS LLC CENTRAL INDEX KEY: 0001391351 IRS NUMBER: 743050654 STATE OF INCORPORATION: HI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 28633 S WESTERN AVENUE 201 CITY: RANCHO PALO VERDES STATE: CA ZIP: 90275 BUSINESS PHONE: 310 833 5100 MAIL ADDRESS: STREET 1: 28633 S WESTERN AVENUE 201 CITY: RANCHO PALO VERDES STATE: CA ZIP: 90275 SC 13G 1 v066971_sc13g.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 --------------------------------- OMB APPROVAL --------------------------------- OMB Number: 3235-0145 Expires: February 29, 2009 Estimated average burden hours per response...........10.4 SCHEDULE 13G Under the Securities and Exchange Act of 1934 (Amendment No. _____)* General Finance Corporation - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 369822101 - -------------------------------------------------------------------------------- (CUSIP Number) February 16, 2007 - -------------------------------------------------------------------------------- (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 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 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. 369822101 13G Page 2 of 6 Pages - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Olowalu Holdings, LLC (FEIN: 74-3050654). Lighthouse Capital Insurance Company. The Ronald Valenta Irrevocable Life Insurance Trust No. 1. - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [x] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Olowalu Holdings, LLC, is a Hawaiian limited liability company. Lighthouse Capital Insurance Company, is a Cayman Islands exempted limited company. The Ronald Valenta Irrevocable Life Insurance Trust No. 1., is a California trust. - -------------------------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5. SOLE VOTING POWER* (i) Olowalu Holdings, LLC: 0 (ii) Lighthouse Capital Insurance Company: 0 (iii) The Ronald Valenta Irrevocable Life Insurance Trust No. 1: 0 6. SHARED VOTING POWER* (i) Olowalu Holdings, LLC: 642,000 (ii) Lighthouse Capital Insurance Company: 642,000 (iii) The Ronald Valenta Irrevocable Life Insurance Trust No. 1: 0 7. SOLE DISPOSITIVE POWER* (i) Olowalu Holdings, LLC: 0 (ii) Lighthouse Capital Insurance Company: 0 (iii) The Ronald Valenta Irrevocable Life Insurance Trust No. 1: 0 8. SHARED DISPOSITIVE POWER* (i) Olowalu Holdings, LLC: 642,000 (ii) Lighthouse Capital Insurance Company: 642,000 (iii) The Ronald Valenta Irrevocable Life Insurance Trust No. 1: 642,000 - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 642,000* - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [_] Not applicable. - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.11% - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON IC, OO (An international business company organized under the laws of the Cayman Islands), OO *See Exhibit B for explanation of holdings. CUSIP No. 369822101 13G Page 3 of 6 Pages Item 1(a). Name of Issuer: General Finance Corporation -------------------------------------------------------------------- Item 1(b). Address of Issuer's Principal Executive Offices: 260 South Los Robles, Suite 217 Pasadena, California 91101 -------------------------------------------------------------------- Item 2(a). Name of Person Filing: Olowalu Holdings, LLC. Lighthouse Capital Insurance Company. The Ronald Valenta Irrevocable Life Insurance Trust No. 1. -------------------------------------------------------------------- Item 2(b). Address of Principal Business Office, or if None, Residence: The address of Olowalu Holdings, LLC, is 28633 S. Western Ave. #201, Rancho Palos Verdes, CA 90275. The address of Lighthouse Capital Insurance Company, is Buckingham Square, 2nd Floor, P.O. Box 69GT, Grand Cayman, Cayman Islands. The address of The Ronald Valenta Irrevocable Life Insurance Trust No. 1, is 28633 S. Western Ave. #201, Rancho Palos Verdes, CA 90275. -------------------------------------------------------------------- Item 2(c). Citizenship: Olowalu Holdings, LLC, is a Hawaiian limited liability company. Lighthouse Capital Insurance Company, is a Cayman Islands exempted limited company. The Ronald Valenta Irrevocable Life Insurance Trust No. 1, is a California trust. -------------------------------------------------------------------- Item 2(d). Title of Class of Securities: Common stock, par value $.001 per share -------------------------------------------------------------------- Item 2(e). CUSIP Number: 369822101 -------------------------------------------------------------------- Item 3. Not applicable. CUSIP No. 369822101 13G Page 4 of 6 Pages Item 4. Ownership. (See Exhibit B for explanation of holdings) (a) Amount Beneficially Owned: (as of February 16, 2007) (1) Olowalu Holdings, LLC: 642,000 (2) Lighthouse Capital Insurance Company: 642,000 (3) The Ronald Valenta Irrevocable Life Insurance Trust No. 1: 642,000 (b) Percent of Class: (1) Olowalu Holdings, LLC: 6.11% (2) Lighthouse Capital Insurance Company: 6.11% (3) The Ronald Valenta Irrevocable Life Insurance Trust No. 1: 6.11% c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote (1) Olowalu Holdings, LLC: 0 (2) Lighthouse Capital Insurance Company: 0 (3) The Ronald Valenta Irrevocable Life Insurance Trust No. 1: 0 (ii) shared power to vote or to direct the vote (1) Olowalu Holdings, LLC: 642,000 (2) Lighthouse Capital Insurance Company: 642,000 (3) The Ronald Valenta Irrevocable Life Insurance Trust No. 1: 0 (iii) sole power to dispose or to direct the disposition of (1) Olowalu Holdings, LLC: 0 (2) Lighthouse Capital Insurance Company: 0 (3) The Ronald Valenta Irrevocable Life Insurance Trust No. 1: 0 (iv) shared power to dispose or to direct the disposition of (1) Olowalu Holdings, LLC: 642,000 (2) Lighthouse Capital Insurance Company: 642,000 (3) The Ronald Valenta Irrevocable Life Insurance Trust No. 1: 642,000 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. 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 such 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. February 23, 2007 ---------------------------------------- (Date) Olowalu Holdings, LLC By: /s/ ------------------------------------ Rick Pielago, Manager Lighthouse Capital Insurance Company By: /s/ ------------------------------------ Katherine Arch Title: Account Manager The Ronald Valenta Irrevocable Life Insurance Trust No. 1 By: /s/ ------------------------------------ Rick Pielago, Trustee EXHIBIT A TO SCHEDULE 13G The undersigned hereby agree that the attached Schedule 13G shall be filed with the Securities and Exchange Commission on behalf of each of the undersigned. February 23, 2007 ---------------------------------------- (Date) Olowalu Holdings, LLC By: /s/ ------------------------------------ Rick Pielago, Manager Lighthouse Capital Insurance Company By: /s/ ------------------------------------ Katherine Arch Title: Account Manager The Ronald Valenta Irrevocable Life Insurance Trust No. 1 By: /s/ ------------------------------------ Rick Pielago, Trustee EXHIBIT B TO SCHEDULE 13G The Ronald Valenta Irrevocable Life Insurance Trust No. 1 (the "Trust") owns a variable life insurance policy (the "Policy") issued by Lighthouse Capital Insurance Company, a Cayman Islands company ("Lighthouse"). Lighthouse, indirectly through another wholly-owned subsidiary, Zero Sum Investments, a Cayman Islands company, owns 100% of the shares of Olowalu Holdings, LLC, a Hawaiian limited liability company ("Olowalu"). Olowalu makes investments at the direction of the Trust with amounts paid by the Trust under the Policy. The Trust has no power to direct voting of the shares of General Finance Corporation ("GFC") held by Olowalu. As of February 16, 2007, Olowalu directly held 642,000 shares of GFC. Because the Trust may be deemed to exercise investment power of the shares of GFC owned by Olowalu, the Trust may be deemed to have beneficial ownership of 642,000 shares of GMC common stock held by Olowalu, representing approximately 6.11% of GFC's outstanding common stock. Because Lighthouse may be deemed to exercise voting and investment power over holdings of Olowalu, Lighthouse may be deemed to have beneficial ownership of 642,000 shares of GFC's common stock held by Olowalu, representing 6.11% of GFC's outstanding common stock. The Trust disclaims any beneficial ownership in all of the shares beneficially owned by Olowalu, and this report shall not be deemed an admission by the Trust that such party is the beneficial owner of such shares for purposes of Section 16 or any other purpose. -----END PRIVACY-ENHANCED MESSAGE-----