-----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, IVMdKOL2eSLO1Jp9h9VylVzlT0bFS8x86VZIeNl/wlCtSrn0AUjrTaFwjpj51BPd 4xqrJ3KULj+VYqQA0HIH8w== 0000919574-04-000155.txt : 20040128 0000919574-04-000155.hdr.sgml : 20040128 20040128115646 ACCESSION NUMBER: 0000919574-04-000155 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20040128 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CQ CAPITAL LLC CENTRAL INDEX KEY: 0001165734 IRS NUMBER: 00000000 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 65 LOCUST AVENUE CITY: NEW CANAAN STATE: CT ZIP: 06840 MAIL ADDRESS: STREET 1: 65 LOCUST AVENUE CITY: NEW CANAAN STATE: CT ZIP: 06840 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ID SYSTEMS INC CENTRAL INDEX KEY: 0000049615 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 223270799 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-58109 FILM NUMBER: 04548292 BUSINESS ADDRESS: STREET 1: ONE UNIVERSITY PLAZA CITY: HACKENSACK STATE: NJ ZIP: 07601 BUSINESS PHONE: 2016709000 MAIL ADDRESS: STREET 1: ID SYSTEMS INC STREET 2: ONE UNIVERSITY PLAZA CITY: HACKENSACK STATE: NJ ZIP: 07601 SC 13G/A 1 d459121_13g-a.txt SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) (Amendment No. 2) I.D. Systems, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Shares of Beneficial Interest - -------------------------------------------------------------------------------- (Title of Class of Securities) 449489103 - -------------------------------------------------------------------------------- (CUSIP Number) December 31, 2003 - -------------------------------------------------------------------------------- (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) - ---------- (1) 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 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. 449489103 --------------------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) CQ Capital, L.L.C.* 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [X] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 6. SHARED VOTING POWER 502,278 7. SOLE DISPOSITIVE POWER 8. SHARED DISPOSITIVE POWER 502,278 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 502,278 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 7.09% 12. TYPE OF REPORTING PERSON IA, CO - -------------------------------------------------------------------------------- CUSIP No. 449489103 --------------------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) E. Turner Baur* 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [X] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION United States NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 68,900 6. SHARED VOTING POWER 571,178 7. SOLE DISPOSITIVE POWER 68,900 8. SHARED DISPOSITIVE POWER 571,178 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 571,178 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 8.06% 12. TYPE OF REPORTING PERSON IN - -------------------------------------------------------------------------------- CUSIP No. 449489103 --------------------- Item 1(a). Name of Issuer: I.D. Systems, Inc. -------------------------------------------------------------------- Item 1(b). Address of Issuer's Principal Executive Offices: One University Plaza Hackensack, New Jersey 07601 -------------------------------------------------------------------- Item 2(a). Name of Person Filing: CQ Capital, L.L.C. E. Turner Baur -------------------------------------------------------------------- Item 2(b). Address of Principal Business Office, or if None, Residence: CQ Capital, L.L.C. 51 Locust Avenue Suite 202 New Canaan, Connecticut 06840 E. Turner Baur c/o CQ Capital, L.L.C. 51 Locust Avenue Suite 202 New Canaan, Connecticut 06840 - -------------------------------------------------------------------- Item 2(c). Citizenship: CQ Capital, L.L.C. - Delaware limited liability company E. Turner Baur - United States -------------------------------------------------------------------- Item 2(d). Title of Class of Securities: Common Stock, $0.01 par value ------------------------------------------------------------------- Item 2(e). CUSIP Number: 449489103 -------------------------------------------------------------------- Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: (a) [_] Broker or dealer registered under Section 15 of the Exchange Act. (b) [_] Bank as defined in Section 3(a)(6) of the Exchange Act. (c) [_] Insurance company as defined in Section 3(a)(19) of the Exchange Act. (d) [_] Investment company registered under Section 8 of the Investment Company Act. (e) [_] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) [_] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) [_] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); (h) [_] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; (i) [_] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act; (j) [_] Group, in accordance with Rule 13d-1(b)(1)(ii)(J). Item 4. Ownership. (a) Amount beneficially owned: CQ Capital, L.L.C.: 502,278 E. Turner Baur: 571,178 ---------------------------------------------------------------------- (b) Percent of class: CQ Capital, L.L.C.: 7.09% E. Turner Baur: 8.06% ---------------------------------------------------------------------- (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote CQ Capital, L.L.C.: 0 E. Turner Baur: 68,900 (ii) Shared power to vote or to direct the vote CQ Capital, L.L.C.: 502,278 E. Turner Baur: 571,178 (iii) Sole power to dispose or to direct the disposition of CQ Capital, L.L.C.: 0 E. Turner Baur: 68,900 (iv) Shared power to dispose or to direct the disposition of CQ Capital, L.L.C.: 502,278 E. Turner Baur: 571,178 Item 5. Ownership of Five Percent or Less of a Class. N/A 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 or Control Person. 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. Certifications. 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 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. January 28, 2003 ---------------------------------------- (Date) CQ CAPITAL, L.L.C. /s/ E. Turner Baur By: E. Turner Baur Managing Member E. TURNER BAUR /s/ E. Turner Baur * The Reporting Persons are the principal of the investment manager and the investment manager of various discretionary accounts that contain Shares over which the Reporting Persons may be deemed to be the beneficial owners. The Reporting Persons specifically disclaim beneficial ownership in the Shares reported herein except to the extent of their pecuniary interest therein. EXHIBIT A AGREEMENT The undersigned agree that this Schedule 13G, Amendment No. 2 dated January 28, 2003 relating to the Common Stock, par value $0.01 of I.D. Systems, Inc. shall be filed on behalf of the undersigned. CQ CAPITAL, L.L.C. /s/ E. Turner Baur By: E. Turner Baur Managing Member E. TURNER BAUR /s/ E. Turner Baur 03179.0003 #459121 -----END PRIVACY-ENHANCED MESSAGE-----