CUSIP No. 48132B105
|
|
|
1
|
Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
Trellus Partners, L.P.
|
|||
2
|
Check the Appropriate Box if a Member of a Group (See Instructions)
(a) o
(b) o
|
|
||
3
|
SEC Use Only
|
|||
4
|
Citizenship or Place of Organization
DELAWARE
|
|||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
5
|
Sole Voting Power
0
|
||
6
|
Shared Voting Power
2,500,100
|
|||
7
|
Sole Dispositive Power
0
|
|||
8
|
Shared Dispositive Power
2,500,100
|
|||
9
|
Aggregate Amount Beneficially Owned by Each Reporting Person
2,500,100
|
|||
10
|
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
|
o
|
||
11
|
Percent of Class Represented by Amount in Row (9)
6.96%
|
|||
12
|
Type of Reporting Person (See Instructions)
PN
|
CUSIP No. 48132B105
|
|
|
1
|
Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
Trellus Small Cap Opportunity Fund, LP
|
|||
2
|
Check the Appropriate Box if a Member of a Group (See Instructions)
(a) o
(b) o
|
|
||
3
|
SEC Use Only
|
|||
4
|
Citizenship or Place of Organization
DELAWARE
|
|||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
5
|
Sole Voting Power
0
|
||
6
|
Shared Voting Power
2,500,000
|
|||
7
|
Sole Dispositive Power
0
|
|||
8
|
Shared Dispositive Power
2,500,000
|
|||
9
|
Aggregate Amount Beneficially Owned by Each Reporting Person
2,500,000
|
|||
10
|
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
|
o
|
||
11
|
Percent of Class Represented by Amount in Row (9)
6.96%
|
|||
12
|
Type of Reporting Person (See Instructions)
PN
|
CUSIP No. 48132B105
|
|
|
1
|
Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
Trellus Management Company, LLC (13-3807183)
|
|||
2
|
Check the Appropriate Box if a Member of a Group (See Instructions)
(a) o
(b) o
|
|
||
3
|
SEC Use Only
|
|||
4
|
Citizenship or Place of Organization
DELAWARE
|
|||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
5
|
Sole Voting Power
0
|
||
6
|
Shared Voting Power
5,000,100
|
|||
7
|
Sole Dispositive Power
0
|
|||
8
|
Shared Dispositive Power
5,000,100
|
|||
9
|
Aggregate Amount Beneficially Owned by Each Reporting Person
5,000,100
|
|||
10
|
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
|
o
|
||
11
|
Percent of Class Represented by Amount in Row (9)
13.92%
|
|||
12
|
Type of Reporting Person (See Instructions)
IA
|
CUSIP No. 48132B105
|
|
|
1
|
Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
Adam Usdan
|
|||
2
|
Check the Appropriate Box if a Member of a Group (See Instructions)
(a) o
(b) o
|
|
||
3
|
SEC Use Only
|
|||
4
|
Citizenship or Place of Organization
USA
|
|||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
5
|
Sole Voting Power
0
|
||
6
|
Shared Voting Power
5,000,100
|
|||
7
|
Sole Dispositive Power
0
|
|||
8
|
Shared Dispositive Power
5,000,100
|
|||
9
|
Aggregate Amount Beneficially Owned by Each Reporting Person
5,000,100
|
|||
10
|
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
|
o
|
||
11
|
Percent of Class Represented by Amount in Row (9)
13.92%
|
|||
12
|
Type of Reporting Person (See Instructions)
IN
|
Item 1.
|
(a) Name of Issuer:
|
|
(b) Address of Issuer’s Principal Executive Offices:
|
|
1502 17th St. SE
|
|
Pipestone, MN 56164
|
Item 2.
|
(a) Name of Person Filing:
|
|
Trellus Partners, L.P.
|
|
Trellus Small Cap Opportunity Fund, LP
Trellus Management Company, LLC
|
|
Adam Usdan
|
|
(b) Address of Principal Business Office or, if none, Residence:
|
|
(c) Citizenship:
|
|
(d) Title of Class of Securities:
|
|
Common Stock
|
|
(e) CUSIP Number: 48132B105
|
Item 3.
|
If this statement is being filed pursuant to Rule 13d-1(b) or (c), or 13d-2(b), check whether the person filing is:
|
|
(a)
|
o
|
Broker or dealer registered under Section 15 of the Act
|
|
(b)
|
o
|
Bank as defined in section 3(a)(6) of the Act
|
|
(c)
|
o
|
Insurance company as defined in section 3(a)(19) of the Act
|
|
(d)
|
o
|
Investment company registered under section 8 of the Investment Company Act of 1940
|
|
(e)
|
o
|
An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E)
|
|
(f)
|
o
|
An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F)
|
|
(g)
|
o
|
A parent holding company or control person in accordance with Rule 13d-1(b)(ii)(G)
|
|
(h)
|
o
|
A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act
|
|
(i)
|
o
|
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
|
|
(j)
|
o
|
Group, in accordance with 13d-1(b)(1)(ii)(J)
|
Item 4.
|
Ownership:
|
|
(a) Amount Beneficially Owned:
|
5,000,100*
|
|
(b) Percent of Class:
|
13.92%
|
|
(c)
|
Number of Shares as to which such person has:
|
|
(i) Sole power to vote or direct the vote:
|
0
|
|
(ii) Shared power to vote or direct the vote:
|
5,000,100*
|
|
(iii) Sole power to dispose or direct the disposition of:
|
0
|
|
(iv) Shared power to dispose or direct the disposition of:
|
5,000,100*
|
|
*See Attachment A.
|
Item 5.
|
Ownership of Five Percent or Less of a Class:
|
|
o
|
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
|
|
N/A
|
Item 8.
|
Identification and Classification of Members of the Group
|
|
N/A
|
Item 9.
|
Notice of Dissolution of Group
|
|
N/A
|
Item 10.
|
Certification
|
Trellus Partners, L.P. | |||||
By: Trellus Company LLC, Delaware limited liability company and its general partner |
|||||
By: | /s/ Adam Usdan | ||||
Name: | Adam Usdan | ||||
Title: |
President
|
||||
Trellus Small Cap Opportunity Fund, LP | |||||
By: Trellus Company LLC, Delaware limited liability company and its general partner |
|||||
By: | /s/ Adam Usdan | ||||
Name: | Adam Usdan | ||||
Title: |
President
|
||||
Trellus Management Company, LLC | ||||
/s/ James Scaplen | ||||
Name: | James Scaplen | |||
Title: | Chief Financial Officer | |||
/s/ Adam Usdan | ||||
Name: | Adam Usdan | |||
Title: | President | |||
Trellus Partners, L.P. | |||||
By: Trellus Company LLC, Delaware limited liability company and its general partner |
|||||
By: | /s/ Adam Usdan | ||||
Name: | Adam Usdan | ||||
Title: |
President
|
||||
Trellus Small Cap Opportunity Fund, LP | |||||
By: Trellus Company LLC, Delaware limited liability company and its general partner |
|||||
By: | /s/ Adam Usdan | ||||
Name: | Adam Usdan | ||||
Title: |
President
|
||||
Trellus Management Company, LLC | ||||
/s/ James Scaplen | ||||
Name: | James Scaplen | |||
Title: | Chief Financial Officer | |||
/s/ Adam Usdan | ||||
Name: | Adam Usdan | |||
Title: | President | |||