-----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, E4hZnrO9fBcSC5/dxPYukqDhBQtuBVZcKCt7cZiYzDY8DLU2IFjrQ2JPL6YNJ9t4 wm8GKX6RwHjrFn6ykkGZIQ== 0001104659-10-043261.txt : 20100809 0001104659-10-043261.hdr.sgml : 20100809 20100809172652 ACCESSION NUMBER: 0001104659-10-043261 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20100809 DATE AS OF CHANGE: 20100809 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Holmes David A CENTRAL INDEX KEY: 0001498510 FILING VALUES: FORM TYPE: SC 13D MAIL ADDRESS: STREET 1: 265 HARRISON AVENUE CITY: KEARNEY STATE: NJ ZIP: 07032 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NUTRITION 21 INC CENTRAL INDEX KEY: 0000744962 STANDARD INDUSTRIAL CLASSIFICATION: BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836] IRS NUMBER: 112653613 STATE OF INCORPORATION: NY FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-38274 FILM NUMBER: 101002666 BUSINESS ADDRESS: STREET 1: 4 MANHATTANVILLE ROAD CITY: PURCHASE STATE: NY ZIP: 10577-2197 BUSINESS PHONE: 9147014500 MAIL ADDRESS: STREET 1: 4 MANHATTANVILLE ROAD CITY: PURCHASE STATE: NY ZIP: 10577-2197 FORMER COMPANY: FORMER CONFORMED NAME: AMBI INC DATE OF NAME CHANGE: 19961226 FORMER COMPANY: FORMER CONFORMED NAME: APPLIED MICROBIOLOGY INC DATE OF NAME CHANGE: 19920703 SC 13D 1 a10-15558_1sc13d.htm SC 13D

 

 

SECURITIES AND EXCHANGE COMMISSION,

 

 

Washington, D.C. 20549

 

 

 

 

 

SCHEDULE 13D

 

 

Under the Securities Exchange Act of 1934
(Amendment No.     )*

 

Nutrition 21, Inc.

(Name of Issuer)

 

Common Stock, $0.005 PAR VALUE

(Title of Class of Securities)

 

00163N 10 2

(CUSIP Number)

 

David A. Holmes

265 Harrison Avenue,

Kearny, NJ 07032

(201) 246-1000

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

 

July 30, 2010

(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).

 



 

CUSIP No. 00163N 10 2

 

 

(1)

Names of Reporting Persons
David A. Holmes

 

 

(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)
PF

 

 

(5)

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

(6)

Citizenship or Place of Organization
United States

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

(7)

Sole Voting Power
7,830,700

 

(8)

Shared Voting Power
0

 

(9)

Sole Dispositive Power
7,830,700

 

(10)

Shared Dispositive Power
0

 

 

(11)

Aggregate Amount Beneficially Owned by Each Reporting Person
7,830,700

 

 

(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)
7.5%(1)

 

 

(14)

Type of Reporting Person (See Instructions)
IN

 


(1) The ownership percentage of the Reporting Person is based on 103,941,569 issued and outstanding shares of Common Stock as of July 1, 2010, which number of issued and outstanding shares of Common Stock is the sum of (i) 96,225,520 issued and outstanding shares of Common Stock as of June 7, 2010, as reported in the Issuer’s Schedule 14A that was filed with the Securities and Exchange Commission on June 9, 2010 and (ii) 7,716,049 shares of Common Stock issued by the Issuer to Midsummer Investments, Ltd. on July 1, 2010, based upon Schedule 13-G filed by Midsummer Investments, Ltd. with the Securities and Exchange Commission on August 2, 2010.

 

2



 

Item 1.

Security and Issuer.

This Schedule 13-D relates to the common stock, par value $0.005 (“Common Stock”) of Nutrition 21, Inc. (the “Issuer”). The principal executive offices of the Issuer are located at 4 Manhattanville Road, Purchase, NY 10577.

 

Item 2.

Identity and Background.

(a) Name:

 

David A. Holmes (the “Reporting Person”)

 

(b) Residence or business address:

 

265 Harrison Avenue, Kearny, NJ 07032

 

(c) Present principal occupation or employment and the name, principal business and address of any corporation or other organization in which such employment is conducted:

 

The Reporting Person is the Chief Executive Officer of Pharmachem Laboratories, Inc. with business address at 265 Harrison Avenue, Kearny, NJ 07032.

 

(d) During the last five years, the Reporting Person has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).

 

(e) During the last five years, the Reporting Person was not a party to a civil proceeding of a judicial or administrative body of competent jurisdiction.

 

(f) The Reporting Person is a United States citizen.

 

Item 3.

Source and Amount of Funds or Other Consideration.

The Reporting Person’s personal holdings.  No borrowed funds were used to purchase the Shares.

 

Item 4.

Purpose of Transaction.

To potentially enter into a transaction whereby the Reporting Person would acquire substantially all of the assets of the Issuer.

 

 

Item 5.

Interest in Securities of the Issuer.

(a,b)

 

As of the date hereof, the Reporting Person may be deemed to be the beneficial owner of 7,830,700 shares of Common Stock, constituting 7.5% of the shares of Common Stock outstanding of the Issuer, based on 103,941,569 issued and outstanding shares of Common Stock as of July 1, 2010, which number of issued and outstanding shares of Common Stock is the sum of (i) 96,225,520 issued and outstanding shares of Common Stock as of June 7, 2010, as reported in the Issuer’s Schedule 14A that was filed with the Securities and Exchange Commission on June 9, 2010, and (ii) 7,716,049 shares of Common Stock issued

 

3



 

by the Issuer to Midsummer Investments, Ltd. on July 1, 2010, based upon Schedule 13-G filed by Midsummer Investments, Ltd. with the Securities and Exchange Commission on August 2, 2010.

 

Reporting Person has sole power to vote or direct the vote of 7,830,700 shares of Common Stock, and has sole power to dispose or direct the disposition of 7,830,700 shares of Common Stock.

 

(c) The trading dates, number of shares of Common Stock purchased and price per share for all transactions in the Common Stock by the Reporting Person in the past 60 days are set forth below:

 

Date of Transaction

 

Number of Shares Purchased

 

Price per Share

 

 

 

 

 

 

 

July 30, 2010

 

6,570,000

 

$

0.0050

 

August 5, 2010

 

240,100

 

$

0.0099

 

August 6, 2010

 

432,050

 

$

0.0148

 

August 6, 2010

 

188,550

 

$

0.0150

 

August 9, 2010

 

200,000

 

 

0.0200

 

August 9, 2010

 

75,000

 

 

0.0210

 

August 9, 2010

 

125,000

 

 

0.0215

 

 

(d) Not applicable.

 

(e) Not applicable.

 

Item 6.

Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

Not applicable.

 

 

Item 7.

Material to be Filed as Exhibits.

Not applicable.

 

4



 

CUSIP No. 00163N102

 

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.

August 9, 2010

 

 

/s/ David A. Holmes

 

Name: David A. Holmes

 

5


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