0000950138-05-000172.txt : 20120725
0000950138-05-000172.hdr.sgml : 20120725
20050215163601
ACCESSION NUMBER: 0000950138-05-000172
CONFORMED SUBMISSION TYPE: SC 13G/A
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20050215
DATE AS OF CHANGE: 20050215
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: ROTH MICHAEL
CENTRAL INDEX KEY: 0001010207
FILING VALUES:
FORM TYPE: SC 13G/A
BUSINESS ADDRESS:
BUSINESS PHONE: 4142411810
MAIL ADDRESS:
STREET 1: 10556 N PORT WASHINGTON RD
CITY: MEQUON
STATE: WI
ZIP: 53092
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: DOR BIOPHARMA INC
CENTRAL INDEX KEY: 0000812796
STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834]
IRS NUMBER: 411505029
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-39976
FILM NUMBER: 05617596
BUSINESS ADDRESS:
STREET 1: 1691 MICHIGAN AVE.
STREET 2: SUITE 435
CITY: MIAMI
STATE: FL
ZIP: 33139
BUSINESS PHONE: 305-534-3383
MAIL ADDRESS:
STREET 1: 1691 MICHIGAN AVE.
STREET 2: SUITE 435
CITY: MIAMI
STATE: FL
ZIP: 33139
FORMER COMPANY:
FORMER CONFORMED NAME: ENDOREX CORP
DATE OF NAME CHANGE: 19960916
FORMER COMPANY:
FORMER CONFORMED NAME: IMMUNOTHERAPEUTICS INC
DATE OF NAME CHANGE: 19920703
SC 13G/A
1
feb13ga_dorbiopharma-2.txt
/DOCS AND PROJECTS/ROTH STARK/2005 FILINGS/
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN THE STATEMENTS FILED PURSUANT TO RULES
13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b)
(Amendment No. 2)*
DOR BIOPHARMA, INC.
-------------------
(Name of Issuer)
Common Stock, par value $.001 per share
---------------------------------------
(Title of Class of Securities)
258094101
------------
(CUSIP Number)
February 9, 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)
*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 ("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).
SCHEDULE 13G
CUSIP NO. 258094101 Page 2 of 6
_____________________________________________________________________________
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
1
Michael A. Roth and Brian J. Stark, as joint filers pursuant to
Rule 13d-1(k)
_____________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
_____________________________________________________________________________
3 SEC USE ONLY
_____________________________________________________________________________
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
_____________________________________________________________________________
NUMBER OF 5 SOLE VOTING POWER
SHARES 0
______________________________________________________________
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 3,817,046 (See Item 4)
______________________________________________________________
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0
______________________________________________________________
PERSON 8 SHARED DISPOSITIVE POWER
WITH 3,817,046 (See Item 4)
_____________________________________________________________________________
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,817,046 (See Item 4)
_____________________________________________________________________________
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[X]
_____________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
7.6% (See Item 4)
_____________________________________________________________________________
12 TYPE OF REPORTING PERSON
IN
_____________________________________________________________________________
SCHEDULE 13G
CUSIP NO. 258094101 Page 3 of 6
Item 1(a). Name of Issuer:
DOR BioPharma, Inc. (the "Issuer")
Item 1(b). Address of Issuer's Principal Executive Offices:
1691 Michigan Avenue
Suite 435
Miami, FL 33139
Items 2(a),
(b) and (c). Name of Persons Filing, Address of Principal Business Office and
Citizenship:
This Amendment No. 2 to Schedule 13G is being filed on behalf of
Michael A. Roth and Brian J. Stark, as joint filers
(collectively, the "Reporting Persons").
The Reporting Persons have entered into a Joint Filing Agreement,
a copy of which is filed with this Amendment No. 2 to Schedule
13G as Exhibit 1, pursuant to which the Reporting Persons have
agreed to file this Amendment No. 2 to Schedule 13G jointly in
accordance with the provisions of Rule 13d-1(k) of the Securities
Exchange Act of 1934, as amended.
The principal business office of the Reporting Persons is 3600
South Lake Drive, St. Francis, WI 53235.
Item 2(d). Title of Class of Securities:
Common Stock, par value $.001 per share, of the Issuer (the
"Common Stock")
Item 2(e). CUSIP Number:
258094101
Item 3. Not applicable.
Item 4. Ownership.
(a) Amount beneficially owned:
3,817,046 shares of Common Stock*
(b) Percent of class:
Based on 42,042,943 shares of Common Stock of the Issuer
outstanding as of November 1, 2004 (as set forth in the
Issuer's Form 10-QSB for the period ended September 30,
2004), and 8,396,100 shares of Common Stock of the Issuer
issued in connection with the Issuer's private placement (as
set forth in the Issuer's Form 8-K dated February 1, 2005),
SCHEDULE 13G
CUSIP NO. 258094101 Page 4 of 6
the Reporting Persons hold approximately 7.6%* of the issued
and outstanding Common Stock of the Issuer.
(c) Number of shares to which such person has:
(i) Sole power to vote or direct the vote: 0
(ii) Shared power to vote or direct the vote: 3,817,046*
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose of or direct the disposition
of: 3,817,046*
*The Reporting Persons beneficially own an aggregate of
3,817,046 shares of Common Stock. The foregoing amount of
Common Stock and percentage ownership represent the combined
indirect holdings of Michael A. Roth and Brian J. Stark. The
shares of Common Stock reported in this Amendment No. 2 to
Schedule 13G do not include certain shares of Common Stock
issuable upon the exercise of warrants held by the Reporting
Persons. Such warrants held by the Reporting Persons are
subject to conversion caps that preclude the holder thereof
from utilizing its exercise rights to the extent that it
would beneficially own (determined in accordance with
Section 13(d) of the Securities Exchange Act of 1934) in
excess of 4.999% and 9.999% of the Common Stock, giving
effect to such exercise.
All of the foregoing represents an aggregate of 3,817,046
shares of Common Stock held directly by SF Capital Partners
Ltd. ("SF Capital"). The Reporting Persons are the Managing
Members of Stark Offshore Management, LLC ("Stark
Offshore"), which acts as investment manager and has sole
power to direct the management of SF Capital. Through Stark
Offshore, the Reporting Persons possess voting and
dispositive power over all of the foregoing shares.
Therefore, for the purposes of Rule 13d-3 under the Exchange
Act, the Reporting Persons may be deemed to be the
beneficial owners of, but hereby disclaim such beneficial
ownership of, the foregoing shares.
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 By the Parent Holding
Company.
Not applicable.
Item 8. Identification and Classification of Members of the Group.
SCHEDULE 13G
CUSIP NO. 258094101 Page 5 of 6
Not applicable.
Item 9. Notice of Dissolution of a 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.
SCHEDULE 13G
CUSIP NO. 258094101 Page 6 of 6
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 15, 2005
/s/ Michael A. Roth
--------------------------
Michael A. Roth
/s/ Brian J. Stark
--------------------------
Brian J. Stark
SCHEDULE 13G
CUSIP NO. 258094101
Exhibit 1
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934,
as amended, the undersigned agree to the joint filing on behalf of each of them
of a statement on Amendment No. 2 to Schedule 13G (including amendments thereto)
with respect to 3,817,046 shares of Common Stock, of DOR BioPharma, Inc. and
further agree that this Joint Filing Agreement shall be included as an exhibit
to such joint filings.
The undersigned further agree that each party hereto is responsible for the
timely filing of such Amendment No. 2 to Schedule 13G and any amendments
thereto, and for the completeness and accuracy of the information concerning
such party contained therein; provided, however, that no party is responsible
for the completeness or accuracy of the information concerning any other party
making the filing, unless such party knows or has reason to believe that such
information is inaccurate.
IN WITNESS WHEREOF, the parties have executed this Joint Filing Agreement
on February 15, 2005.
/s/ Michael A. Roth
--------------------------
Michael A. Roth
/s/ Brian J. Stark
--------------------------
Brian J. Stark