-----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, S7rXr+veyvzY4biimnenyLbR34iagc6iwFXZEgIjMmFrJ2oC16BNtrTbyGwLAtWG NmUxk2Pew1o5stVMitoGaw== 0000891554-00-002673.txt : 20010101 0000891554-00-002673.hdr.sgml : 20010101 ACCESSION NUMBER: 0000891554-00-002673 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20001229 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: METRETEK TECHNOLOGIES INC CENTRAL INDEX KEY: 0000882154 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 841169358 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-42399 FILM NUMBER: 799121 BUSINESS ADDRESS: STREET 1: WORLD TRADE CTR STREET 2: 1675 BROADWAY STE 2150 CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: 3035925555 MAIL ADDRESS: STREET 1: 1675 BROADWAY STREET 2: SUITE 2150 CITY: DENVER STATE: CO ZIP: 80202 FORMER COMPANY: FORMER CONFORMED NAME: MARCUM NATURAL GAS SERVICES INC/NEW DATE OF NAME CHANGE: 19930328 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FUNSTEN ASSET MANAGEMENT CO CENTRAL INDEX KEY: 0001070340 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 954419576 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 121 OUTRIGGER MALL CITY: MARINA DEL REY STATE: CA ZIP: 90292 BUSINESS PHONE: 3105777887 MAIL ADDRESS: STREET 1: 121 OUTRIGGER MALL CITY: MARINA DEL REY STATE: CA ZIP: 90292 SC 13G 1 d24347_13g.txt SCHEDULE 13G SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 -------------- Amendment #1 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) METRETEK TECHNOLOGIES, INC. (Name of Issuer) Common Stock (Title of Class of Securities) 566323309 --------- (CUSIP NUMBER) Kenneth B. Funsten 121 Outrigger Mall Marina del Rey, CA 90292 (310) 577-7887 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) - with copies to - Michael G. Tannenbaum, Esq. Tannenbaum Helpern Syracuse & Hirschtritt 900 Third Avenue - 13th Floor New York, New York 10022 (212) 508-6700 December 9, 2000 (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 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. Page 1 of 6 Pages CUSIP No. 566323309 1. Names of Reporting Persons I.R.S. Identification Nos. of Above Persons (entities only) Kenneth B. Funsten ________________________________________________________________________________ 2. Check the Appropriate Box if a Member of a Group (See Instructions) a. ___________________________________________________________________________ b. _X_________________________________________________________________________ 3. SEC Use Only ______________________________________________________________ 4. Citizenship or Place of Organization: USA _____________________________________ Number of Shares 5. Sole Voting Power _________641,224 Shares_______ Beneficially Owned by 6. Shared Voting Power_____________0_______________ Each Reporting 7. Sole Dispositive Power ____641,224 Shares_______ Person With 8. Shared Dispositive Powerr_______0_______________ 5. Aggregate Amount Beneficially Owned by Each Reporting Person 641,224 Shares ______________ 6. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) _____________________________________________________ 7. Percent of Class Represented by Amount in Row 9 10.5 % of Common Stock __________________________ 8. Type of Reporting Person (See Instructions) IN ______________________________ Page 2 of 6 Pages CUSIP No. 566323309 Item 1(a) Name of Issuer: Metretek Technologies, Inc. (the "Issuer") Item 1(b) Address of Issuer: Metretek Technologies, Inc. 1675 Broadway Suite 2150 Denver, CO 80202 Item 2(a) Name of Person Filing: Kenneth B. Funsten Item 2(b) Address of Principal Business Office or, if none, Residence: The address of the reporting person is: Kenneth B. Funsten 121 Outrigger Mall Marina del Rey, CA 90292 Item 2(c) Citizenship: USA Item 2(d) Title of Class of Securities: Common Stock Item 2(e) CUSIP Number: 566323309 Item 3 If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or 13d-2(c) promulgated under the Securities Exchange Act of 1934, check whether the filing person is a: Page 3 of 6 Pages CUSIP No. 566323309 a.|_| Broker or dealer registered under Section 15 of the Act, b.|_| Bank as defined in Section 3(a)(6) of the Act, c.|_| Insurance Company as defined in Section 3(a)(19) of the Act, d.|_| Investment Company registered under Section 8 of the Investment Company Act, e.|_| Investment Adviser in accordance with Rule 13d-1(b)(1)(ii)(E), f.|_| Employee Benefit Plan, or Endowment Fund in accordance with Rule 13d-1(b)(1)(ii)(F), g.|_| Parent Holding Company or Control Person, in accordance with Rule 13d-1(b)(ii)(G); (Note: see Item 7) h.|_| A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); i.|_| A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940; j.|_| Group, in accordance with Rule 13d-1(b)(1)(ii)(J). Item 4 Ownership: (a) Amount Beneficially Owned: As a holder of sole voting and investment authority over the shares owned by FamCo Value Income Partners, L.P. and FamCo Offshore, Ltd. and as a holder of the Issuer's shares directly, Mr. Funsten may be deemed, for the purposes of Rule 13d-3 under the Securities and Exchange Act of 1934, as amended, to be the beneficial owner of a total of 641,224 shares of common stock of the Issuer as follows: 427,670 shares of common stock, 500 shares of Series B convertible preferred stock (convertible into 163,554 shares of common stock) and 500 warrants (convertible into 50,000 shares of common stock) owned by himself and those entities. Based upon the combined ownership of the shares and the warrants, Mr. Funsten may be deemed to own 10.5% of the total of 6,107,021 shares (calculated by adding (i) the Issuer's 5,893,467 shares outstanding as of December 20, 2000 (based upon information obtained from the Issuer), (ii) 50,000 shares which would be outstanding upon the conversion of the warrants and (iii) 163,554 shares which would be outstanding upon the conversion of the Series B convertible preferred stock). Mr. Funsten disclaims any economic interest in the shares as to which Mr. Funsten has no direct or indirect pecuniary interest. Page 4 of 6 Pages CUSIP No. 566323309 (b) Percent of Class: 10.5% (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: 641,224 Shares (ii) Shared power to vote or direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 641,224 Shares (iv) Shared power to dispose or direct the disposition of: 0 Item 5 Ownership of Five Percent or Less of a Class: If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following |_| 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 Page 5 of 6 Pages CUSIP No. 566323309 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 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 of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. December 29, 2000 (Date) /s/ Kenneth B. Funsten (Signature) Kenneth B. Funsten (Name/Title) Page 6 of 6 Pages -----END PRIVACY-ENHANCED MESSAGE-----