0000884300-11-000029.txt : 20111209
0000884300-11-000029.hdr.sgml : 20111209
20111209110730
ACCESSION NUMBER: 0000884300-11-000029
CONFORMED SUBMISSION TYPE: SC 13G/A
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20111209
DATE AS OF CHANGE: 20111209
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: TECHS LOANSTAR, INC.
CENTRAL INDEX KEY: 0001397795
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MANAGEMENT SERVICES [8741]
IRS NUMBER: 204682058
STATE OF INCORPORATION: NV
FISCAL YEAR END: 0430
FILING VALUES:
FORM TYPE: SC 13G/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-85973
FILM NUMBER: 111252411
BUSINESS ADDRESS:
STREET 1: 112 NORTH CURRY ST
CITY: CARSON CITY
STATE: NV
ZIP: 89703
BUSINESS PHONE: 775-284-3770
MAIL ADDRESS:
STREET 1: 112 NORTH CURRY ST
CITY: CARSON CITY
STATE: NV
ZIP: 89703
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: PERKINS CAPITAL MANAGEMENT INC
CENTRAL INDEX KEY: 0000884300
STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000]
IRS NUMBER: 411501962
STATE OF INCORPORATION: MN
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G/A
BUSINESS ADDRESS:
STREET 1: 730 EAST LAKE STREET
CITY: WAYZATA
STATE: MN
ZIP: 55391-1769
BUSINESS PHONE: 9524738367
MAIL ADDRESS:
STREET 1: 730 EAST LAKE STREET
CITY: WAYZATA
STATE: MN
ZIP: 55391
FORMER COMPANY:
FORMER CONFORMED NAME: PERKINS CAPITAL MANAGEMENT INC ET AL
DATE OF NAME CHANGE: 19960212
SC 13G/A
1
tcln111113ga.txt
TCLN111113GA
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
Amendment No. |1|
Techs Loanstar, Inc.
(Name of Issuer)
Common Shares
(Title of Class of Securities)
878743-P2-0
(CUSIP Number)
November 30, 2011
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[X] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
* The remainder of this cover page shall be filled out for a reporting
person'sinitial 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 ("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. 878743-P2-0 13G/s Page 2 of 5 Pages
______________________________________________________________________________
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Perkins Capital Management, Inc. 14-1501962
______________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
______________________________________________________________________________
3. SEC USE ONLY
______________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
State of Minnesota
______________________________________________________________________________
5. SOLE VOTING POWER
8,405,250
NUMBER OF ________________________________________________________________
SHARES 6. SHARED VOTING POWER
BENEFICIALLY 0
OWNED BY EACH ________________________________________________________________
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON WITH 10,996,793
________________________________________________________________
8. SHARED DISPOSITIVE POWER
0
______________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,996,793
______________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[_]
______________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
3.2%
______________________________________________________________________________
12. TYPE OF REPORTING PERSON*
IA
______________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Item 1(a) Name of Issuer:
Techs Loanstar, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
319 Clematis St, Ste 703
W Palm Beach, FL 33401
Item 2(a) Name of Person Filing:
Perkins Capital Management, Inc.
Item 2(b) Address of Principal Business Office or, if None, Residence:
730 East Lake Street
Wayzata, MN 55391
Item 2(c) Citizenship:
State of Minnesota
Item 2(d) Title of Class of Securities:
Common Shares
Item 2(e) CUSIP Number:
878743-P2-0
Item 3. If this statement is filed pursuant to Rules 240.13d-1(b) or
240.13d-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.8a-8);
(e) [X] An Investment Adviser in accordance with Section 240. 13d-1(b)(1)
(ii)(E);
(f) [_] An employee benefit plan or endowment fund in accordance with
Section 240. 13d-1(b)(1)(ii)(F);
(g) [_] A parent holding company or control person in accordance with
Section 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 Section 240. 13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to Section 240 13d-1(c),
check this box. [ ]
Item 4. Ownership.
(a) Amount beneficially owned:
10,996,793 (includes 10,196,793 common equivalents and 800,000
warrants exercisable within the next 60 days)
(b) Percent of class:
3.2%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote
8,405,250
(ii) Shared power to vote or to direct the vote
0
(iii) Sole power to dispose or to direct the disposition of
10,996,793 (includes 10,196,793 common equivalents and 800,000
warrants exercisable within the next 60 days)
(iv) Shared power to dispose or to direct the disposition of
0
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].
Perkins Capital Management, Inc. now holds less than 5% of the shares
outstanding.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
n/a
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.
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 and do not have the effect of changing or influencing
the control of the issuer of such 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.
December 9, 2011
______________________________
(Date)
/s/ Richard C. Perkins
______________________________
(Signature)
Richard C. Perkins
Executive VP/Portfolio Manager
______________________________
(Name/Title)