-----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, Ms3xSo69NHxzQeEGxhFlMfC4v7PaBYpCEM8n7PbtigIdrjfAo2eMRxoGOyhgNQXd VseQARLbIzZoSZ5VoLPW1Q== 0001144204-11-007496.txt : 20110211 0001144204-11-007496.hdr.sgml : 20110211 20110211060555 ACCESSION NUMBER: 0001144204-11-007496 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20110211 DATE AS OF CHANGE: 20110211 GROUP MEMBERS: GLOBIS CAPITAL ADVISORS, L.L.C. GROUP MEMBERS: GLOBIS CAPITAL MANAGEMENT, L.P. GROUP MEMBERS: GLOBIS CAPITAL PARTNERS, L.P. GROUP MEMBERS: GLOBIS CAPITAL, L.L.C. GROUP MEMBERS: GLOBIS INTERNATIONAL INVESTMENTS LLC GROUP MEMBERS: GLOBIS OVERSEAS FUND, LTD. FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PACKER PAUL CENTRAL INDEX KEY: 0001268460 FILING VALUES: FORM TYPE: SC 13G/A MAIL ADDRESS: STREET 1: C/O GLOBIS CAPITAL PARTNERS LP STREET 2: 60 BROAD ST CITY: NEW YORK STATE: NY ZIP: 10004 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Wowjoint Holdings Ltd CENTRAL INDEX KEY: 0001429360 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL TRUCKS TRACTORS TRAILERS & STACKERS [3537] IRS NUMBER: 980562157 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-84027 FILM NUMBER: 11594832 BUSINESS ADDRESS: STREET 1: 1108 A BLOCK TIANCHENG MANSION STREET 2: #2 XINFENG RD. DESHENGMENWAI ST CITY: XICHENG DIST. BEIJING STATE: F4 ZIP: 00000 BUSINESS PHONE: 852 2169 6390 MAIL ADDRESS: STREET 1: 1108 A BLOCK TIANCHENG MANSION STREET 2: #2 XINFENG RD. DESHENGMENWAI ST CITY: XICHENG DIST. BEIJING STATE: F4 ZIP: 00000 FORMER COMPANY: FORMER CONFORMED NAME: CHINA FUNDAMENTAL ACQUISITION CORP DATE OF NAME CHANGE: 20080311 SC 13G/A 1 v210382_sc13ga.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
SCHEDULE 13G
 
Information Statement Pursuant to Rules 13d-1 and 13d-2
Under the Securities Exchange Act of 1934
 
(Amendment No. 1)*
 
WOWJOINT HOLDINGS LIMITED
(Name of Issuer)
 
Common Stock, par value $0.001 per share
(Title of Class of Securities)
 
G9796W101
(CUSIP Number)
 
December 31, 2010
(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 (“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. G9796W101
 
1.    Names of Reporting Persons:  Globis Capital Partners, L.P.
       I.R.S. Identification Nos. of above persons (entities only):
2.    Check the Appropriate Box if a member of a Group (See instructions)
(a)        ¨
(b)        x
3.    SEC Use Only
4.    Citizenship or Place of Organization:  Delaware
Number of
Shares
Beneficially by
Owned by Each
Reporting
Person with:
5.      Sole Voting Power: 0
6.      Shared Voting Power:  242,334
7.      Sole Dispositive Power: 0
8.      Shared Dispositive Power:  242,334
9.    Aggregate Amount Beneficially Owned by Each Reporting Person:  242.334
10.  Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
11.  Percent of Class Represented by Amount in Row (9):  3.0%
12.  Type of Reporting Person (See Instructions)  PN
 
 
 

 

CUSIP No. G9796W101
 
1.    Names of Reporting Persons:  Globis Capital Advisors, L.L.C.
       I.R.S. Identification Nos. of above persons (entities only):
2.    Check the Appropriate Box if a member of a Group (See instructions)
(a)        ¨
(b)        x
3.    SEC Use Only
4.    Citizenship or Place of Organization:  Delaware
Number of
Shares
Beneficially by
Owned by Each
Reporting
Person with:
5.      Sole Voting Power: 0
6.      Shared Voting Power:  242,334
7.      Sole Dispositive Power: 0
8.      Shared Dispositive Power:  242,334
9.    Aggregate Amount Beneficially Owned by Each Reporting Person:  242,334
10.  Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
11.  Percent of Class Represented by Amount in Row (9):  3.0%
12.  Type of Reporting Person (See Instructions)  OO

 
 

 

CUSIP No. G9796W101
 
1.    Names of Reporting Persons:  Globis Overseas Fund, Ltd.
       I.R.S. Identification Nos. of above persons (entities only):
2.    Check the Appropriate Box if a member of a Group (See instructions)
(a)        ¨
(b)        x
3.    SEC Use Only
4.    Citizenship or Place of Organization:  Cayman Islands
Number of
Shares
Beneficially by
Owned by Each
Reporting
Person with:
5.      Sole Voting Power: 0
6.      Shared Voting Power:  96,657
7.      Sole Dispositive Power: 0
8.      Shared Dispositive Power:  96,657
9.    Aggregate Amount Beneficially Owned by Each Reporting Person:  96,657
10.  Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
11.  Percent of Class Represented by Amount in Row (9):  1.2%
12.  Type of Reporting Person (See Instructions)  OO

 
 

 

CUSIP No. G9796W101
 
1.    Names of Reporting Persons:  Globis Capital Management, L.P.
       I.R.S. Identification Nos. of above persons (entities only):
2.    Check the Appropriate Box if a member of a Group (See instructions)
(a)        ¨
(b)        x
3.    SEC Use Only
4.    Citizenship or Place of Organization:  Delaware
Number of
Shares
Beneficially by
Owned by Each
Reporting
Person with:
5.      Sole Voting Power: 0
6.      Shared Voting Power:  338,991
7.      Sole Dispositive Power: 0
8.      Shared Dispositive Power:  338,991
9.    Aggregate Amount Beneficially Owned by Each Reporting Person:  338,991
10.  Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
11.  Percent of Class Represented by Amount in Row (9):  4.1%
12.  Type of Reporting Person (See Instructions)  PN

 
 

 

CUSIP No. G9796W101
 
1.    Names of Reporting Persons:  Globis Capital, L.L.C.
       I.R.S. Identification Nos. of above persons (entities only):
2.    Check the Appropriate Box if a member of a Group (See instructions)
(a)        ¨
(b)        x
3.    SEC Use Only
4.    Citizenship or Place of Organization:  Delaware
Number of
Shares
Beneficially by
Owned by Each
Reporting
Person with:
5.      Sole Voting Power: 0
6.      Shared Voting Power:  338,991
7.      Sole Dispositive Power: 0
8.      Shared Dispositive Power: 338,991
9.    Aggregate Amount Beneficially Owned by Each Reporting Person:  338,991
10.  Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
11.  Percent of Class Represented by Amount in Row (9):  4.1%
12.  Type of Reporting Person (See Instructions)  OO
 
 
 

 

CUSIP No. G9796W101
 
1.    Names of Reporting Persons:  Globis International Investments LLC
       I.R.S. Identification Nos. of above persons (entities only):
2.    Check the Appropriate Box if a member of a Group (See instructions)
(a)        ¨
(b)        x
3.    SEC Use Only
4.    Citizenship or Place of Organization:  Delaware
Number of
Shares
Beneficially by
Owned by Each
Reporting
Person with:
5.      Sole Voting Power: 0
6.      Shared Voting Power:  322,190
7.      Sole Dispositive Power: 0
8.      Shared Dispositive Power:  322,190
9.    Aggregate Amount Beneficially Owned by Each Reporting Person: 322,190
10.  Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
11.  Percent of Class Represented by Amount in Row (9): 3.9%
12.  Type of Reporting Person (See Instructions)  OO
 
 
 

 

CUSIP No. G9796W101
 
1.    Names of Reporting Persons:  Paul Packer
       I.R.S. Identification Nos. of above persons (entities only):
2.    Check the Appropriate Box if a member of a Group (See instructions)
(a)        ¨
(b)        x
3.    SEC Use Only
4.    Citizenship or Place of Organization:  United States
Number of
Shares
Beneficially by
Owned by Each
Reporting
Person with:
5.      Sole Voting Power: 0
6.      Shared Voting Power:  661,181
7.      Sole Dispositive Power: 0
8.      Shared Dispositive Power:  661,181
9.    Aggregate Amount Beneficially Owned by Each Reporting Person:  661,181
10.  Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
11.  Percent of Class Represented by Amount in Row (9):  7.7%
12.  Type of Reporting Person (See Instructions)  IN
 
 
 

 

Item 1.
 
 
(a)
Name of Issuer:
 
Wowjoint Holdings Limited
 
 
(b)
Address of Issuer’s Principal Executive Offices:
 
 
1108 A Block Tiancheng Mansion
 
 
#2 Xinfeng Road
 
 
Deshengmenwai Street
 
 
Xicheng District, Beijing, China
 
Item 2.
 
 
(a)
Name of Person Filing:
 
This Schedule 13G is being jointly filed by each of the following persons pursuant to Rule 13d-1 promulgated by the Securities and Exchange Commission pursuant to Section 13 of the Securities Exchange Act of 1934, as amended (the “Act”):
 
 
(i)
Globis Capital Partners, L.P., a Delaware limited partnership ("Globis Partners"), with respect to shares of Common Stock (as defined in Item 2(d) below) directly held by it;
 
 
(ii)
Globis Capital Advisors, L.L.C., a Delaware limited liability company ("Globis Advisors"), serves as the general partner of Globis Partners, with respect to shares of Common Stock directly held by Globis Partners;
 
 
(iii)
Globis Overseas Fund, Ltd., a Cayman Islands exempted company ("Globis Overseas"), with respect to shares of Common Stock directly held by it;
 
 
(iv)
Globis Capital Management, L.P., a Delaware limited partnership (the "Investment Manager"), which serves as investment manager to, and has investment discretion over the securities held by, Globis Partners and Globis Overseas, with respect to shares of Common Stock directly held by Globis Partners and Globis Overseas;
 
 
(v)
Globis Capital, L.L.C., a Delaware limited liability company ("GC"), which serves as the general partner of the Investment Manager, with respect to shares of Common Stock directly held by Globis Partners and Globis Overseas;
 
 
 

 
 
 
(vi)
Globis International Investments LLC, a Delaware limited liability company (“Globis International”) with respect to shares of Common Stock directly held by it; and
 
 
(vii)
Mr. Paul Packer ("Mr. Packer"), who is the Managing Member of Globis Advisors, GC, and Globis International with respect to shares of Common Stock directly held by Globis Partners, Globis Overseas and Globis International.
 
Globis Partners, Globis Advisors, Globis Overseas, the Investment Manager, GC, Globis International and Mr. Packer are hereinafter sometimes collectively referred to as the "Reporting Persons." Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party.
 
 
(b)
Address of Principal Business Office or, if none, Residence
 
The principal office and business address of Globis Partners, Globis Advisors, Globis Overseas, Globis International, the Investment Manager, GC and Mr. Packer is:
 
60 Broad Street,
39th Floor
New York, New York 10004
 
 
(c)
Citizenship
 
See Item 2(a) above and Item 4 of each cover page.
 
 
(d)
Title of Class of Securities
 
Common Stock, par value $0.001 per share.
 
 
(e)
CUSIP Number
 
G9796W101
 
Item 3.
If this statement is filed pursuant to §§240.13d-1(b) 240.13d-2(b) or (c), check whether the person is 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 §240.13d-1(b)(1)(ii)(E);
 
 
(f)
¨           An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
 
 
(g)
¨           A parent holding company or control person in accordance with §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 §240.13d-1(b)(1)(ii)(J).
 
Item 4.
Ownership:
 
 
A.
Globis Capital Partners, L.P.
 
 
(a)
Amount beneficially owned:  242,334
 
 
(b)
Percent of class:  3.0%
 
 
(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:  242,334
 
 
(iii)
Sole power to dispose or direct the disposition: -0-
 
 
(iv)
Shared power to dispose or direct the disposition:  242,334
 
 
B.
Globis Capital Advisors, L.L.C.
 
 
(a)
Amount beneficially owned:  242,334
 
 
(b)
Percent of class:  3.0%
 
 
(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:  242,334
 
 
 

 
 
 
(iii)
Sole power to dispose or direct the disposition: -0-
 
 
(iv)
Shared power to dispose or direct the disposition:  242,334
 
 
C.
Globis Overseas Fund, Ltd.
 
 
(a)
Amount beneficially owned:  96,657
 
 
(b)
Percent of class:  1.2%
 
 
(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:  96,657
 
 
(iii)
Sole power to dispose or direct the disposition: -0-
 
 
(iv)
Shared power to dispose or direct the disposition: 96,657
 
 
D.
Globis Capital Management, L.P.
 
 
(a)
Amount beneficially owned:  338,991
 
 
(b)
Percent of class:  4.1%
 
 
(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:  338,991
 
 
(iii)
Sole power to dispose or direct the disposition: -0-
 
 
(iv)
Shared power to dispose or direct the disposition:   338,991
 
 
E.
Globis Capital, L.L.C.
 
 
(a)
Amount beneficially owned:  338,991
 
 
(b)
Percent of class:  4.1%
 
 
(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:  338,991
 
 
(iii)
Sole power to dispose or direct the disposition: -0-
 
 
(iv)
Shared power to dispose or direct the disposition: 338,991
 
 
 

 
 
 
F.
Globis International Investments LLC
 
 
(a)
Amount beneficially owned: 322,190
 
 
(b)
Percent of class: 3.9%
 
 
(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: 322,190
 
 
(iii)
Sole power to dispose or direct the disposition: -0-
 
 
(iv)
Shared power to dispose or direct the disposition: 322,190
 
 
G.
Paul Packer
 
 
(a)
Amount beneficially owned:  661,181
 
 
(b)
Percent of class:  7.7%
 
 
(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:  661,181
 
 
(iii)
Sole power to dispose or direct the disposition: -0-
 
 
(iv)
Shared power to dispose or direct the disposition:  661,181
 
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.
 
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.
 
 
February 11, 2011
 
Date
 
 
/s/ Paul Packer
 
Paul Packer,
 
individually and as managing member of:
 
(a) Globis Capital Advisors, L.L.C.,
 
for itself and as the general partner of
 
Globis Capital Partners, L.P.; (b) Globis Capital,
L.L.C., for itself and as the general partner of
 
Globis Capital Management, L.P., the
Investment Manager of Globis Overseas Fund,
Ltd.; and (c) Globis International Investments
LLC

 
 

 

EXHIBIT 1
 
JOINT ACQUISITION STATEMENT
PURSUANT TO RULE 13d-1(k)
 
The undersigned acknowledge and agree that the foregoing statement on Schedule 13G, is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G, shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.
 
DATED:  February 11, 2011
 
 
/s/ Paul Packer
 
Paul Packer,
 
individually and as managing member of:
 
(a) Globis Capital Advisors, L.L.C.,
 
for itself and as the general partner of
 
Globis Capital Partners, L.P.;
 
(b) Globis Capital, L.L.C.,
 
for itself and as the general partner of
 
Globis Capital Management, L.P., the
 
Investment Manager of Globis Overseas Fund,
 
Ltd.; and (c) Globis International Investments
 
LLC
 
 
 

 
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