-----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, Vkg6v3RicRbOQNU6PHDTLbugWfBFSSS2UUCEn0jD6/9UJ3PUkr6P+XC75+kZN2eU zQfZO66xFPME6eP9c2YdDA== 0000898077-04-000012.txt : 20040218 0000898077-04-000012.hdr.sgml : 20040218 20040218163411 ACCESSION NUMBER: 0000898077-04-000012 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20040218 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DEWEY ELECTRONICS CORP CENTRAL INDEX KEY: 0000028561 STANDARD INDUSTRIAL CLASSIFICATION: ORDNANCE & ACCESSORIES, (NO VEHICLES/GUIDED MISSILES) [3480] IRS NUMBER: 131803974 STATE OF INCORPORATION: NY FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-13612 FILM NUMBER: 04613580 BUSINESS ADDRESS: STREET 1: 27 MULLER RD CITY: OAKLAND STATE: NJ ZIP: 07436 BUSINESS PHONE: 2013374700 MAIL ADDRESS: STREET 2: 27 MULLER ROAD CITY: OAKLAND STATE: NJ ZIP: 07436 FORMER COMPANY: FORMER CONFORMED NAME: DEWEY G C CORP DATE OF NAME CHANGE: 19690428 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ASSET VALUE FUND LIMITED PARTNERSHIP CENTRAL INDEX KEY: 0000898077 IRS NUMBER: 223090661 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 376 MAIN STREET STREET 2: PO BOX 74 CITY: BEDMINISTER STATE: NJ ZIP: 07921 BUSINESS PHONE: 9082340300 MAIL ADDRESS: STREET 1: PO BOX 74 CITY: BEDMINISTER STATE: NJ ZIP: 07921 SC 13D/A 1 dewey8.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. 8*) NAME OF ISSUER: The Dewey Electronics Corporation TITLE OF CLASS OF SECURITIES: Common Stock CUSIP NUMBER: 252063102000 NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON AUTHORIZED TO RECEIVE NOTICES AND COMMUNICATIONS: Paul O. Koether Asset Value Management, Inc. 376 Main Street P.O. Box 74 Bedminster, New Jersey 07921 (908) 234-1881 DATE OF EVENT WHICH REQUIRES FILING: FEBRUARY 17, 2004 If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1 (b)(3) or (4), check the following: ________ Check the following if a fee is being paid with the statement: (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) 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 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). (Continued on following pages) CUSIP NO.: 252063102000 1. NAME OF REPORTING PERSON: Asset Value Fund Limited Partnership 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) (b) XX 3. [SEC USE ONLY] 4. SOURCE OF FUNDS: WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e): YES NO XX 6. CITIZENSHIP OR PLACE OF ORGANIZATION: New Jersey 7. SOLE VOTING POWER: 141,800 8. SHARED VOTING POWER: 0 9. SOLE DISPOSITIVE POWER: 141,800 10. SHARED DISPOSITIVE POWER: 0 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 141,800 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: YES NO XX 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 10.43% 14. TYPE OF REPORTING PERSON: PN Item 1. SECURITY AND ISSUER This Amendment No. 8 relates to the Schedule 13D filed on April 5, 2002 in connection with the ownership by Asset Value Fund Limited Partnership ("Asset Value") of the common stock, $.01 par value per share ("Shares") of The Dewey Electronics Corporation, a New York corporation (the "Company" or "Dewey"). The capitalized terms used in the Amendment, unless otherwise defined, shall have the same meaning as in the original Schedule 13D. Item 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. Item 3 is hereby amended by the addition of the following: Since the date of the last filing, Asset Value has acquired 5,934 Shares at an aggregate purchase price of $22,129.68, including brokerage commissions. Asset Value purchased the Shares with its cash reserves. Item 4. PURPOSE OF TRANSACTION. Item 4 is hereby amended by the addition of the following: Prior to February 17, 2004, Asset Value had acquired 143,300 Shares. On February 17, 2004, Asset Value sold 1,500 Shares for net proceeds of $6,254.70., after deducting brokerage commissions. In the future Asset Value will continue to buy and sell Shares as it deems in its own best interest. Item 5. INTEREST IN SECURITIES OF THE ISSUER Item 5 is hereby amended by the addition of the following: (a) As of the close of business on February 17 , 2004, Asset Value beneficially owned 141,800 Shares, representing 10.43% of Shares reported as outstanding in the Company's Form 10-Q for the quarter ended December 31, 2003. (b) The information presented in Items 7 through 10 of the cover sheet to this Schedule 13D is incorporated herein by reference. (c)Exhibit C annexed hereto sets forth all transactions in Shares effected by Asset Value in the sixty days preceding the date of this Statement, the dates of such transactions, and the per Share purchase price. The transactions reported herein, unless otherwise indicated, were open market transactions effected in the over-the-counter market. Item 7. MATERIAL TO BE FILED AS EXHIBITS. Exhibit C - Transactions in Shares for the past 60 days 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. Dated: February 18, 2004 ASSET VALUE FUND LIMITED PARTNERSHIP By: Asset Value Management, Inc. General Partner By: /s/ Paul O. Koether -------------------------------- Paul O. Koether Chairman and President Exhibit C Transactions in Shares for the Past 60 Days NUMBER OF PRICE DATE SHARES SOLD PER SHARE* - ---------- -------------------- ------------ 2/17/04 1,500 $4.19 -----END PRIVACY-ENHANCED MESSAGE-----