-----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, SACaSMlzJhSflogeOhBD0IpUWa6AjGHr5T9wy8Pc9hQAj9UKCUSEFRk6eZbLc4Nv AARGVC85R4QNjI2AYFzBWw== 0000899140-04-001376.txt : 20041201 0000899140-04-001376.hdr.sgml : 20041201 20041201115022 ACCESSION NUMBER: 0000899140-04-001376 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20041201 DATE AS OF CHANGE: 20041201 GROUP MEMBERS: HARVEY P. EISEN FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BEDFORD OAK ADVISORS LLC CENTRAL INDEX KEY: 0001104465 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 100 SOUTH BEDFORD ROAD CITY: MT KISCO STATE: NY ZIP: 10549 BUSINESS PHONE: 9142425725 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CADIZ INC CENTRAL INDEX KEY: 0000727273 STANDARD INDUSTRIAL CLASSIFICATION: AGRICULTURE SERVICES [0700] IRS NUMBER: 770313235 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-35468 FILM NUMBER: 041176306 BUSINESS ADDRESS: STREET 1: 777 SOUTH FIGUEROA STREET STREET 2: SUITE 4250 CITY: LOS ANGELES STATE: CA ZIP: 90017 BUSINESS PHONE: 213-271-1600 MAIL ADDRESS: STREET 1: 777 SOUTH FIGUEROA STREET STREET 2: SUITE 4250 CITY: LOS ANGELES STATE: CA ZIP: 90017 FORMER COMPANY: FORMER CONFORMED NAME: CADIZ LAND CO INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: PACIFIC AGRICULTURAL HOLDINGS INC DATE OF NAME CHANGE: 19920602 FORMER COMPANY: FORMER CONFORMED NAME: ARIDTECH INC DATE OF NAME CHANGE: 19880523 SC 13G/A 1 b2708232.txt AMENDMENT NO. 2 TO SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 2)* CADIZ INC. ---------- (Name of Issuer) Common Stock, $0.01 Par Value Per Share --------------------------------------- (Title of Class of Securities) 127537207 --------- (CUSIP Number) November 29, 2004 ----------------- (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) *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 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). Page 1 of 6 - ------------------- ----------------- CUSIP No. 127537207 13G Page 2 of 6 Pages - ------------------- ----------------- - ---------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Bedford Oak Advisors, LLC 13-4007124 - ---------- --------------------------------------------------------------------- 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 0 NUMBER OF ----- ---------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED 707,000 (see Item 4) BY ----- ---------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 0 WITH ----- ---------------------------------------------------- 8 SHARED DISPOSITIVE POWER 707,000 (see Item 4) - ---------- --------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 707,000 (see Item 4) - ---------- --------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ---------- --------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.84% (see Item 4) - ---------- --------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* 00 - ---------- --------------------------------------------------------------------- Page 2 of 6 Pages - ------------------- ----------------- CUSIP No. 127537207 13G Page 3 of 6 Pages - ------------------- ----------------- - ---------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Harvey P. Eisen - ---------- --------------------------------------------------------------------- 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 0 NUMBER OF ----- ---------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED 707,000 (see Item 4) BY ----- ---------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 0 WITH ----- ---------------------------------------------------- 8 SHARED DISPOSITIVE POWER 707,000 (see Item 4) - ---------- --------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 707,000 (see Item 4) - ---------- --------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ---------- --------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.84% (see Item 4) - ---------- --------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - ---------- --------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT Page 3 of 6 Pages Item 1(a) Name of Issuer: --------------- Cadiz Inc. ("the Company") Item 1(b) Address of Issuer's Principal Executive Offices: ------------------------------------------------ 100 Wilshire Boulevard, Suite 100 Santa Monica, CA 90401 Items 2(a) and 2(b) Name of Person Filing and Business Office: ------------------------------------------ This statement is filed by: (i) Bedford Oak Advisors, LLC ("BOA") and (ii) Harvey P. Eisen, in his capacity as managing member of BOA. The principal business address of each reporting person is 100 South Bedford Road, Mt. Kisco, New York 10549. Item 2(c) Citizenship: ------------ BOA is a Delaware limited liability company Mr. Eisen is a United States citizen. Item 2(d) Title of Class of Securities: ----------------------------- Common Stock, par value $0.01 per share ("Common Stock") Item 2(e) CUSIP Number: ------------- 127537207 Item 3 Not Applicable Item 4 Ownership: ---------- The percentages used herein are calculated based upon 10,324,339 shares of Common Stock issued and outstanding as of November 30, 2004, as disclosed by the Company in a press release issued November 30, 2004, plus an additional 17,000 shares of Common Stock underlying warrants which are beneficially owned by one of the reporting persons which are included pursuant to Rule 13d-3(d)(1)(i) of the Act. As of the close of business on November 30, 2004: 1. Bedford Oak Advisors, LLC (a) Amount beneficially owned: -707,000- (b) Percent of class: 6.84% (c)(i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: -707,000- (iii) Sole power to dispose or direct the disposition: -0- Page 4 of 6 Pages (iv) Shared power to dispose or direct the disposition: -707,000- 2. Harvey P. Eisen (a) Amount beneficially owned: -707,000- (b) Percent of class: 6.84% (c)(i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: -707,000- (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: -707,000- BOA controls 707,000 shares of Common Stock in its capacity as the investment manager of Bedford Oak Capital, L.P., Bedford Oak Offshore, Ltd. and Bedford Oak Partners, L.P., which entities own 293,100, 241,800 and 172,100 shares of Common Stock, respectively. The 172,100 shares of Common Stock held by Bedford Oak Partners, L.P. include 17,000 shares of Common Stock underlying warrants exercisable within 60 days and are included pursuant to Rule 13d-3(d)(1)(i) of the Act. Harvey P. Eisen controls 707,000 shares of Common Stock in his capacity as the managing member of BOA. 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: ---------------------------------------------------------- Not Applicable Item 9 Notice of Dissolution of Group: ------------------------------- Not Applicable Item 10 Certification: -------------- By signing below the signatory certifies that, to the best of his knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect Page 5 of 6 Pages 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. Page 6 of 6 Pages 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: December 1, 2004 BEDFORD OAK ADVISORS, LLC By: /s/ Harvey P. Eisen ------------------------------ Name: Harvey P. Eisen Title: Chairman and Managing Member HARVEY P. EISEN /s/ Harvey P. Eisen - ------------------------------ -----END PRIVACY-ENHANCED MESSAGE-----