0000922423-05-000163.txt : 20120725
0000922423-05-000163.hdr.sgml : 20120725
20050208164452
ACCESSION NUMBER: 0000922423-05-000163
CONFORMED SUBMISSION TYPE: SC 13G
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20050208
DATE AS OF CHANGE: 20050208
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: RCG COMPANIES INC
CENTRAL INDEX KEY: 0000722839
STANDARD INDUSTRIAL CLASSIFICATION: LAND SUBDIVIDERS & DEVELOPERS (NO CEMETERIES) [6552]
IRS NUMBER: 232265039
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0630
FILING VALUES:
FORM TYPE: SC 13G
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-35710
FILM NUMBER: 05584540
BUSINESS ADDRESS:
STREET 1: 6836 MORRISON BOULEVARD
STREET 2: SUITE 200
CITY: CHARLOTTE
STATE: NC
ZIP: 28211
BUSINESS PHONE: 7043665054
MAIL ADDRESS:
STREET 1: 6836 MORRISON BLVD
STREET 2: SUITE 200
CITY: CHARLOTTE
STATE: NC
ZIP: 28211
FORMER COMPANY:
FORMER CONFORMED NAME: ERESOURCE CAPITAL GROUP INC
DATE OF NAME CHANGE: 20001113
FORMER COMPANY:
FORMER CONFORMED NAME: FLIGHTSERV COM
DATE OF NAME CHANGE: 19990716
FORMER COMPANY:
FORMER CONFORMED NAME: PROACTIVE TECHNOLOGIES INC
DATE OF NAME CHANGE: 19950921
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: FIRST NEW YORK SECURITIES LLC /NY
CENTRAL INDEX KEY: 0001111629
FILING VALUES:
FORM TYPE: SC 13G
BUSINESS ADDRESS:
STREET 1: 850 THIRD AVENUE 17TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
MAIL ADDRESS:
STREET 1: 850 THIRD AVENUE 17TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
SC 13G
1
kl00215_sc13g.txt
SCHEDULE 13G
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
----------------
Under the Securities Exchange Act of 1934
SCHEDULE 13G
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
RCG Companies Incorporated
--------------------------
(Name of Issuer)
Common Stock, par value $0.04 per share
---------------------------------------
(Title of Class of Securities)
749328100
---------
January 25, 2005
----------------
(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)
-----------
SCHEDULE 13G
CUSIP No. 749328100
--------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
First New York Securities 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
New York
--------------------------------------------------------------------------------
5) SOLE VOTING POWER
NUMBER 407,300
OF ---------------------------------------------------
SHARES 6) SHARED VOTING POWER
BENEFICIALLY
OWNED BY None
EACH ---------------------------------------------------
REPORTING 7) SOLE DISPOSITIVE POWER
PERSON
WITH 407,300
---------------------------------------------------
8) SHARED DISPOSITIVE POWER
None
--------------------------------------------------------------------------------
9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
407,300
--------------------------------------------------------------------------------
10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
|_|
--------------------------------------------------------------------------------
11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
1.9%
--------------------------------------------------------------------------------
12) TYPE OF REPORTING PERSON
BD
--------------------------------------------------------------------------------
SCHEDULE 13G
CUSIP No. 749328100
--------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Judy Finger
--------------------------------------------------------------------------------
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
--------------------------------------------------------------------------------
5) SOLE VOTING POWER
NUMBER 165,000
OF ---------------------------------------------------
SHARES 6) SHARED VOTING POWER
BENEFICIALLY
OWNED BY 791,300
EACH ---------------------------------------------------
REPORTING 7) SOLE DISPOSITIVE POWER
PERSON
WITH 165,000
---------------------------------------------------
8) SHARED DISPOSITIVE POWER
994,950
--------------------------------------------------------------------------------
9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,159,950
--------------------------------------------------------------------------------
10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
|_|
--------------------------------------------------------------------------------
11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.5%
--------------------------------------------------------------------------------
12) TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
SCHEDULE 13G
CUSIP No. 749328100
--------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Douglas Topkis
--------------------------------------------------------------------------------
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
--------------------------------------------------------------------------------
5) SOLE VOTING POWER
NUMBER None
OF -----------------------------------------------
SHARES 6) SHARED VOTING POWER
BENEFICIALLY
OWNED BY 791,300
EACH -----------------------------------------------
REPORTING 7) SOLE DISPOSITIVE POWER
PERSON
WITH None
-----------------------------------------------
8) SHARED DISPOSITIVE POWER
994,950
--------------------------------------------------------------------------------
9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
994,950
--------------------------------------------------------------------------------
10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
|_|
--------------------------------------------------------------------------------
11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
4.7%
--------------------------------------------------------------------------------
12) TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
SCHEDULE 13G
CUSIP No. 749328100
--------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Haystack Capital L.P.
--------------------------------------------------------------------------------
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
--------------------------------------------------------------------------------
5) SOLE VOTING POWER
NUMBER 530,600
OF ------------------------------------------------
SHARES 6) SHARED VOTING POWER
BENEFICIALLY
OWNED BY None
EACH ------------------------------------------------
REPORTING 7) SOLE DISPOSITIVE POWER
PERSON
WITH 530,600
------------------------------------------------
8) SHARED DISPOSITIVE POWER
None
--------------------------------------------------------------------------------
9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
530,600
--------------------------------------------------------------------------------
10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
|_|
--------------------------------------------------------------------------------
11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
2.5%
--------------------------------------------------------------------------------
12) TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
Schedule 13G
Item 1(a). Name of Issuer:
RCG Companies Incorporated
Item 1(b). Address of Issuer's Principal Executive Offices:
6836 Morrison Boulevard, Suite 200
Charlotte, North Carolina 28211
Item 2(a). Name of Person Filing:
(1) First New York Securities L.L.C. ("FNYS")
(2) Judy Finger. Ms. Finger is employed by and trades securities of the issuer
for the proprietary account of FNYS. Ms. Finger and Mr. Topkis are the managing
members of Haystack Capital L.L.C., which is the general partner of Haystack
Capital L.P., a hedge fund.
(3) Douglas Topkis. Mr. Topkis is employed by and trades securities of the
issuer for the proprietary account of FNYS. Ms. Finger and Mr. Topkis are the
managing members of Haystack Capital L.L.C., which is the general partner of
Haystack Capital L.P., a hedge fund.
(4) Haystack Capital L.P. Haystack Capital L.P. is a hedge fund of which
Haystack Capital L.L.C. is the sole general partner. Ms. Finger and Mr. Topkis
are the managing members of Haystack Capital L.L.C.
Item 2(b). Address of Principal Business Office or, if None, Residence:
(1) First New York Securities L.L.C.: 850 Third Avenue, 17th Floor
New York, NY 10022
(2) Judy Finger: c/o First New York Securities L.L.C.
850 Third Avenue, 8th Floor
New York, NY 10022
(3) Douglas Topkis: c/o First New York Securities L.L.C.
850 Third Avenue, 8th Floor
New York, NY 10022
(4) Haystack Capital L.P. c/o First New York Securities L.L.C.
850 Third Avenue, 17th Floor
New York, NY 10022
Item 2(c). Citizenship:
(1) First New York Securities L.L.C.: New York
(2) Judy Finger: United States
(3) Douglas Topkis: United States
(4) Haystack Capital L.P. Delaware
Item 2(d). Title of Class of Securities:
Common Stock, par value $.04 per share
Item 2(e). CUSIP Number:
749328100
Item 3. If this statement is filed pursuant to ss.ss. 240.13d-1(b), or
240.13d-2(b) or (c), check whether the person 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) |_| Investment Adviser in accordance with ss.
240.13d-1(b)(1)(ii)(E)
(f) |_| Employee benefit plan or endowment fund in accordance
with ss. 240.13d-1(b)(1)(ii)(F)
(g) |_| Parent Holding Company or control person in accordance
with ss.240.13d-1(b)(ii)(G)
(h) |_| Savings Association as defined in ss.3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813)
(i) |_| Church plan that is excluded from the definition of an
investment company under ss.3(c)(15) of the Investment
Company Act of 1940 (15 U.S.C. 80a-3)
(j) |_| Group, in accordance with ss.240.13d-1(b)(ii)(J)
Item 4. Ownership.
(a) Amount beneficially owned:(1)
(1) First New York Securities L.L.C.: 407,300
(2) Judy Finger: 1,159,950
(3) Douglas Topkis: 994,950
(4) Haystack Capital L.P.: 530,600
------------------------
1 Percentages based on 21,170,290 shares of Common Stock outstanding as
reported in the Issuer's Form 10-Q for the quarter ended September 30,
2004.
(b) Percent of class:
(1) First New York Securities L.L.C.: 1.9%
(2) Judy Finger: 5.5%
(3) Douglas Topkis: 4.7%
(4) Haystack Capital L.P.: 2.5%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
(1) First New York Securities L.L.C.: 407,300
(2) Judy Finger: 165,000
(3) Douglas Topkis: 0
(4) Haystack Capital L.P.: 530,600
(ii) Shared power to vote or to direct the vote:
(1) First New York Securities L.L.C.: 0
(2) Judy Finger: 791,300 (2)
(3) Douglas Topkis: 791,300 (2)
(4) Haystack Capital L.P.: 0
(iii) Sole power to dispose or to direct the disposition
of:
(1) First New York Securities L.L.C.: 407,300
(2) Judy Finger: 165,000
(3) Douglas Topkis: 0
(4) Haystack Capital L.P.: 530,600
(iv) Shared power to dispose or to direct the disposition of:
(1) First New York Securities L.L.C.: 0
(2) Judy Finger: 994,950 (2) (3)
(3) Douglas Topkis: 994,950 (2) (3)
(4) Haystack Capital L.P.: 0
-----------------------
2 Includes shares that are held in a managed account over which Ms. Finger
and Mr. Topkis have discretionary investment authority.
3 Includes shares owned by First New York Securities L.L.C. as to which the
reporting person may be deemed to share dispositive power.
Item 5. Ownership of Five Percent or Less of a Class.
Not Applicable.
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.
See Item 2(a) above.
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 knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
Statement is true, complete and correct.
Date: February 8, 2005 FIRST NEW YORK SECURITIES L.L.C.
BY: /s/ Mario Maugeri
--------------------------------
Name: Mario Maugeri
Title: Director of Operations
/s/ Judy Finger
-----------------------------------
Judy Finger
/s/ Douglas Topkis
-----------------------------------
Douglas Topkis
HAYSTACK CAPITAL L.P.
BY: Haystack Capital L.L.C., its
General Partner
BY: /s/ Judy Finger
--------------------------------
Name: Judy Finger
Title: Managing Member
Exhibit 1
AGREEMENT OF JOINT FILING
Pursuant to rule 13d-1(k) promulgated under the Securities Exchange Act of
1934, as amended, the undersigned persons hereby agree to file with the
Securities and Exchange Commission the Statement on Schedule 13G (the
"Statement") to which this Agreement is attached as an exhibit, and agree that
such Statement, as so filed is on the behalf of each of them.
IN WITNESS WHEREOF, the undersigned have executed this Agreement as of
February 8, 2005.
FIRST NEW YORK SECURITIES L.L.C.
BY: /s/ Mario Maugeri
---------------------------------------
Name: Mario Maugeri
Title: Director of Operations
/s/ Judy Finger
------------------------------------------
Judy Finger
/s/ Douglas Topkis
------------------------------------------
Douglas Topkis
HAYSTACK CAPITAL L.P.
BY: Haystack Capital L.L.C., its
General Partner
BY: /s/ Judy Finger
---------------------------------------
Name: Judy Finger
Title: Managing Member