-----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, L0RpWgcdUmKt5nxQkDD0i7RLc1ZneYG4ATAU1KSuHi4a2vHYsYjX3XO1B+vH4YFm cojR8cX1NmjCU1Isps7lDw== 0001019687-09-000793.txt : 20090311 0001019687-09-000793.hdr.sgml : 20090311 20090310180352 ACCESSION NUMBER: 0001019687-09-000793 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20090311 DATE AS OF CHANGE: 20090310 GROUP MEMBERS: DAVID SMITH AND JULIE SMITH GROUP MEMBERS: DM SMITH ASSOCIATES, INC. RETIREMENT TRUST GROUP MEMBERS: IRA ACCOUNT OF DAVID M. SMITH FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Smith David Michael CENTRAL INDEX KEY: 0001458167 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: BUSINESS PHONE: 203-438-3763 MAIL ADDRESS: STREET 1: 385 BARRACK HILL ROAD CITY: RIDGEFIELD STATE: CT ZIP: 06877 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CHANNELL COMMERCIAL CORP CENTRAL INDEX KEY: 0001013696 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATIONS EQUIPMENT, NEC [3669] IRS NUMBER: 952453261 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-48509 FILM NUMBER: 09670742 BUSINESS ADDRESS: STREET 1: 26040 YNEZ ROAD CITY: TEMECULA STATE: CA ZIP: 92591-9022 BUSINESS PHONE: 9096949160 MAIL ADDRESS: STREET 1: CHANNELL COMMERCIAL CORP STREET 2: 26040 YNEZ ROAD CITY: TEMECULA STATE: CA ZIP: 92591-9022 SC 13D 1 smith_13d-090408.htm smith_13d-090408.htm
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
SCHEDULE 13D
 
Under the Securities Exchange Act of 1934
(Amendment No.  )*
 
CHANNELL COMMERCIAL CORPORATION

(Name of Issuer)
 
Common Stock - $0.01 par value

(Title of Class of Securities)
 
159186105

(CUSIP Number)
 
David M. Smith
385 Barrack Hill Road, Ridgefield, CT 06877
(203)438-3763

(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
 
September 4, 2008

(Date of Event Which Requires Filing of this Statement)
 
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o
 
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.
 
* 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 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).
 
Persons who respond to the collection of information contained in this form are not
required to respond unless the form displays a currently valid OMB control number.
 
 
 
SCHEDULE 13D
 
CUSIP No. 159186105
 
 
           
1   NAMES OF REPORTING PERSONS
I.R.S. Identification Nos. of above persons (entities only).

D. M. Smith Associates, Inc. Retirement Trust. - FEIN # 22-3791188
Trustees, David M. Smith and Julie A. Smith
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
 
     
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
 
Connecticut, U.S.A.
       
  7   SOLE VOTING POWER
     
NUMBER OF  
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY  
600,000
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON  
       
WITH 10   SHARED DISPOSITIVE POWER
     
   
600,000
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
 
600,000
     
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
 
6.29%
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
 
Retirement Trust
2
 
 
 

 
 
CUSIP No. 159186105                           SCHEDULE 13_D
 
 
           
1   NAMES OF REPORTING PERSONS
I.R.S. Identification Nos. of above persons (entities only).

David M. Smith and Julie A. Smith
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
 
     
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
 
U.S.A.
       
  7   SOLE VOTING POWER
     
NUMBER OF  
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY  
600,000
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON  
       
WITH 10   SHARED DISPOSITIVE POWER
     
   
600,000
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
 
600,000
     
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
 
6.29%
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
 
IN
 
3
 
 


 
CUSIP No. 159186105                           SCHEDULE 13_D
 
 
           
1   NAMES OF REPORTING PERSONS
I.R.S. Identification Nos. of above persons (entities only).

IRA Account of David M. Smith
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
 
     
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
 
U.S.A.
       
  7   SOLE VOTING POWER
     
NUMBER OF  
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY  
600,000
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON  
       
WITH 10   SHARED DISPOSITIVE POWER
     
   
600,000
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
 
600,000
     
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
 
6.29%
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
 
IN
 
 
4
 

 
CUSIP No. 159186105                           SCHEDULE 13_D
 
     
Item 1.
 
Security and Issuer.
 
The class of equity securities to which this Schedule 13D relates is the common stock, (the “Common Shares”), of Channell Commercial Corporation, a Delaware corporation (the “Company”). The principal executive offices of the Company are located at 26040 Ynez Road, Temecula, CA 92591.
     
Item 2.
 
Identity and Background.
 
The person filing this statement is David M. Smith., an individual, whose address is 385 Barrack Hill Road, Ridgefield, CT 06877.  The stock is owned by the D. M. Smith Associates, Inc. Retirement Trust (Trustees David M. Smith and Julie A. Smith), 200,000 Shares; and by the joint account of David M. Smith and Julie A. Smith, 300,000 shares; and by the IRA account of David M. Smith, 100,000 shares.  David M. Smith possesses sole power to vote and direct the disposition of all securities held by these 3 entities.
Neither Mr. Smith, nor Mrs. Smith, has ever been convicted in any criminal proceeding (excluding traffic violations or similar misdemeanors), and neither Mr. Smith, nor Mrs. Smith has ever been a party to any civil proceeding commenced before a judicial or administrative body of competent jurisdiction as a result of which it/she was or is now subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws, or finding any violations with respect to such laws. Mr. Smith and Mrs. Smith are citizens of the United States.
     
Item 3.
 
Source and Amount of Funds or Other Consideration.
 
All funds used to purchase the Common Shares have come directly from the assets of the 3 entities listed in item 2, above.
     
Item 4.
 
Purpose of Transaction.
 
The Common Shares of the Company reported on this Schedule 13D were purchased for investment purposes. Mr. Smith intends to evaluate closely the performance of the Common Shares of the Company, including, without limitation, analyzing and assessing the Company’s business, assets, operations, financial condition, capital structure, management and prospects. Mr. Smith may, from time to time, evaluate various options in order to attempt to influence the performance of the Company and the activities of its Board of Directors. Depending on various factors, Mr. Smith may take such actions as deemed appropriate, including, without limitation, (i) engaging in discussions with management and/or the Board of Directors, (ii) communicating with other shareholders, (iii) making proposals to the Company concerning the operations of the Company, (iv) purchasing additional securities of the Company, (v) selling some or all of the securities of the Company, all in accordance with applicable securities laws.
 
5
 

 
CUSIP No. 159186105                           SCHEDULE 13_D
 
     
Item 5.
 
Interest in Securities of the Issuer.
 
Based upon information set forth in the Company’s Quarterly Report on Form 10-Q, as filed with the Securities and Exchange Commission on August 13, 2008, there were 9,544,134 Common Shares of the Company issued and outstanding as of July 31, 2008.
 
As of March 1, 2009, Mr. Smith held, through the 3 entities listed in this filing, 600,000 Common Shares of the Company, or 6.29% of the Common Shares of the Company deemed issued and outstanding as of July 31, 2008.
The attached table details all of the transactions in Common Shares of the Company, by the entities referenced in item 2 (each of which were executed by Mr. Smith in ordinary brokerage transactions). These transactions occurred during the period November 2006 through January 2009.
 
 
Date
   
Type of Transaction
   
Number of Shares
   
Security Type
   
Share ($)
 
 
 
 
 
 
 
 
 
 
 

     
Item 6.
 
Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.
 
Except as described herein, no contracts, arrangement, understandings or similar relationships exist with respect to the securities of the Company between the persons referenced in Item 2 of this Schedule 13D and any person or entity.
     
Item 7.
 
Material to be Filed as Exhibits.
 
The table of transactions described in Item 5, above.
 
6
 

 
CUSIP No. 159186105                           SCHEDULE 13_D
 
SIGNATURE
 
After reasonable inquiry and to best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
 
Dated: March 4, 2009
         
     
 
By:  
/s/ David M. Smith
 
   
David M. Smith
 
       
 

 
 
7
 
 
 

 
 
CUSIP No. 159186105                           SCHEDULE 13_D
 
Item 7.  Exhibit, Table of transactions, by entity, to complete the information provided in item 5.
 
Page 1 of 3
 
D. M. Smith Associates, Inc. Retirement Trust, Trustees David M. and Julie A. Smith
                                                                                                           
 
Date
 
Type of Transaction
Number
of Shares
 
Security Type
Price per
Share ($)
9/4/08
PURCHASE
40000
Common Shares
  .43
8/22/08
PURCHASE
20000
Common Shares
  .45
8/1/08
PURCHASE
10000
Common Shares
  .92
7/29/08
PURCHASE
10000
Common Shares
  .95
7/1/08
PURCHASE
10000
Common Shares
  .99
6/27/08
PURCHASE
10000
Common Shares
  .99
6/3/08
PURCHASE
20000
Common Shares
1.11
5/15/08
PURCHASE
10000
Common Shares
1.21
1/18/08
PURCHASE
7000
Common Shares
1.214
1/2/08
PURCHASE
21000
Common Shares
1.452
11/20/07
PURCHASE
5000
Common Shares
2.00
11/19/07
PURCHASE
4000
Common Shares
2.198
11/16/07
PURCHASE
2000
Common Shares
2.31
11/15/07
PURCHASE
3000
Common Shares
2.267
11/13/07
PURCHASE
3000
Common Shares
2.537
11/12/07
PURCHASE
1000
Common Shares
2.75
11/6/07
PURCHASE
1000
Common Shares
2.74
11/5/07
PURCHASE
1583
Common Shares
2.75
12/21/06
PURCHASE
1000
Common Shares
2.81
12/18/06
PURCHASE
2000
Common Shares
2.865
11/3/06
PURCHASE
1000
Common Shares
2.49
10/17/06
PURCHASE
1
Common Shares
2.81
10/10/06
PURCHASE
 850
Common Shares
2.779
10/03/06
PURCHASE
 377
Common Shares
3.01
10/02/06
PURCHASE
2065
Common Shares
3.01
9/22/06
PURCHASE
 500
Common Shares
3.01
9/18/06
PURCHASE
 600
Common Shares
3.01
9/13/06
PURCHASE
24
Common Shares
3.01
6/26/06
PURCHASE
7000
Common Shares
3.31
12/20/05
PURCHASE
2434
Common Shares
4.47
11/21/05
PURCHASE
3566
Common Shares
4.86
Total PURCHASED/OWNED 
200,000
Common Shares  
 

 
 
CUSIP No. 159186105                           SCHEDULE 13_D
 
Item 7.  Exhibit, Table of transactions, by entity, to complete the information provided in item 5.
 
Page 2 of 3
 
Personal/Joint Account, David M. Smith and Julie A. Smith
 
 
Date
 
Type of Transaction
Number
of Shares
 
Security Type
Price per
Share ($)
1/29/09
PURCHASE
100000
Common Shares
  .14
9/4/08
PURCHASE
30000
Common Shares
  .43
8/22/08
PURCHASE
20000
Common Shares
  .45
8/1/08
PURCHASE
10000
 Common Shares
  .92
6/3/08
PURCHASE
20000
Common Shares
1.11
5/15/08
PURCHASE
13000
Common Shares
1.21
1/18/08
PURCHASE
2000
Common Shares
1.20
1/2/08
PURCHASE
11000
Common Shares
1.453
11/20/07
PURCHASE
5000
Common Shares
2.05
11/19/07
PURCHASE
16000
 Common Shares
2.198
11/5/07
PURCHASE
1566
Common Shares
2.75
12/21/06
PURCHASE
1000
Common Shares
2.83
12/18/06
PURCHASE
1000
 Common Shares
2.87
11/3/06
PURCHASE
1000
Common Shares
2.49
10/03/06
PURCHASE
379
Common Shares
3.01
10/02/06
PURCHASE
8225
Common Shares
3.01
9/21/06
PURCHASE
830
Common Shares
3.01
6/30/06
PURCHASE
10000
Common Shares
3.31
6/27/06
PURCHASE
10000
Common Shares
3.30
4/18/06
PURCHASE
22000
Common Shares
4.035
12/20/05
PURCHASE
7566
Common Shares
4.488
11/9/05
PURCHASE
2000
 Common Shares
5.246
11/2/05
PURCHASE
3600
Common Shares
5.49
11/1/05
PURCHASE
3834
Common Shares
5.563
Total PURCHASED/OWNED
300,000
Common Shares
 
 
 
 

 
 
CUSIP No. 159186105                           SCHEDULE 13_D
 
Item 7.  Exhibit, Table of transactions, by entity, to complete the information provided in item 5.
 
Page 3 of 3
 
IRA Account of David M. Smith
                                                   
 
Date
 
Type of Transaction 
Number
of Shares 
 
Security Type
Price per
Share ($)
9/4/08
PURCHASE
30000
Common Shares
  .43
8/22/08
PURCHASE
10000
Common Shares
  .45
6/3/08
PURCHASE
10000
Common Shares
1.11
5/15/08
PURCHASE
10000
Common Shares
1.21
1/18/08
PURCHASE
8000
Common Shares
1.203
11/20/07
PURCHASE
2000
Common Shares
2.00
11/19/07
PURCHASE
4000
Common Shares
2.22
11/16/07
PURCHASE
2000
Common Shares
2.29
11/15/07
PURCHASE
5000
Common Shares
2.28
11/13/07
PURCHASE
3000
Common Shares
2.60
11/12/07
PURCHASE
1000
Common Shares
2.75
11/6/07
PURCHASE
2000
Common Shares
2.745
11/5/07
PURCHASE
1795
Common Shares
2.75
12/21/06
PURCHASE
1000
Common Shares
2.83
12/18/06
PURCHASE
1000
Common Shares
2.87
11/3/06
PURCHASE
1000
Common Shares
2.49
10/17/06
PURCHASE
199
Common Shares
2.81
10/10/06
PURCHASE
6
Common Shares
2.77
10/3/06
PURCHASE
3700
Common Shares
3.01
9/12/06
PURCHASE
300
Common Shares
3.01
3/20/06
PURCHASE
4000
Common Shares
4.14
Total PURCHASED/OWNED
100,000
Common Shares
 
         
         
Grand Total PURCHASED/OWNED
600,000
Common Shares
 
 
 
 
 

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