0000909334-05-000030.txt : 20120725 0000909334-05-000030.hdr.sgml : 20120725 20050215164013 ACCESSION NUMBER: 0000909334-05-000030 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20050215 DATE AS OF CHANGE: 20050215 GROUP MEMBERS: 7HBF MANAGEMENT COMPANY, LTD. GROUP MEMBERS: 7HBF, LTD. GROUP MEMBERS: JOHN D. HARVISON GROUP MEMBERS: RANDALL W. HARVISON SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BEARD CO /OK CENTRAL INDEX KEY: 0000909992 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL INORGANIC CHEMICALS [2810] IRS NUMBER: 730970298 STATE OF INCORPORATION: OK FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-47757 FILM NUMBER: 05617636 BUSINESS ADDRESS: STREET 1: 5600 N MAY AVE STREET 2: STE 320 CITY: OKLAHOMA CITY STATE: OK ZIP: 73112 BUSINESS PHONE: 4058422333 MAIL ADDRESS: STREET 1: 5600 N MAY STREET 2: STE 320 CITY: OKLAHOMA CITY STATE: OK ZIP: 73112 FORMER COMPANY: FORMER CONFORMED NAME: BEARD INVESTMENT CO DATE OF NAME CHANGE: 19930730 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: 7HBF LTD CENTRAL INDEX KEY: 0001013968 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 2801 GLENDA AVE CITY: FT WORTH STATE: TX ZIP: 76117-4391 BUSINESS PHONE: 8178384767 MAIL ADDRESS: STREET 1: 2801 GLENDA AVE CITY: FT WORTH STATE: TX ZIP: 76117-4391 SC 13D 1 harvsc14d-021405.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________ SCHEDULE 13D (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(a), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) (Amendment No. _________)(1) The Beard Company -------------------------------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------------------------------- (Title of Class of Securities) 07384R408 -------------------------------------------------------------------------------- (CUSIP Number) Randall W. Harvison, Esq. 2810 Glenda Avenue Fort Worth, Texas 76117-4326 (817) 838-4755 -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) -------------------------------------------------------------------------------- January 25, 2005 -------------------------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box. [ ] Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent. (Continued on following pages) --------------- (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 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 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: 07384R408 13D --------- ---------------------------------------------------------------------- 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) 7HBF, Ltd. 75-2307791 --------- ---------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] --------- ---------------------------------------------------------------------- 3. SEC USE ONLY --------- ---------------------------------------------------------------------- 4. SOURCE OF FUNDS* OO --------- ---------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] --------- ---------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION --------- ---------------------------------------------------------------------- NUMBER OF SHARES 7. SOLE VOTING POWER 1,755,000 BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH ------------------------------ ------ ------------------------------------------ 8. SHARED VOTING POWER ------------------------------ ------ ------------------------------------------ 9. SOLE DISPOSITIVE POWER 1,755,000 ------------------------------ ------ ------------------------------------------ 10. SHARED DISPOSITIVE POWER ------------------------------ ------ ------------------------------------------ 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,755,000 --------- ---------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] --------- ---------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 26.6% --------- ---------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON* PN --------- ---------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No: 07384R408 13D --------- ---------------------------------------------------------------------- 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) 7HBF Management Company, Ltd. --------- --------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] --------- ---------------------------------------------------------------------- 3. SEC USE ONLY --------- ---------------------------------------------------------------------- 4. SOURCE OF FUNDS* OO --------- ---------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] --------- ---------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION -------------------------------------------------------------------------------- NUMBER OF SHARES 7. SOLE VOTING POWER 1,755,000 BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH ------------------------------ ------ ------------------------------------------ 8. SHARED VOTING POWER ------------------------------ ------ ------------------------------------------ 9. SOLE DISPOSITIVE POWER 1,755,000 ------------------------------ ------ ------------------------------------------ 10. SHARED DISPOSITIVE POWER -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,755,000 --------- ---------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] --------- ---------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 26.6% --------- ---------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON* OO -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No: 07384R408 13D -------------------------------------------------------------------------------- 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Randall W. Harvison --------- ---------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] --------- ---------------------------------------------------------------------- 3. SEC USE ONLY --------- ---------------------------------------------------------------------- 4. SOURCE OF FUNDS* OO --------- ---------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] --------- ---------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION -------------------------------------------------------------------------------- NUMBER OF SHARES 7. SOLE VOTING POWER 1,755,000 BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH ------------------------------ ------ ------------------------------------------ 8. SHARED VOTING POWER ------------------------------ ------ ------------------------------------------ 9. SOLE DISPOSITIVE POWER 1,755,000 ------------------------------ ------ ------------------------------------------ 10. SHARED DISPOSITIVE POWER -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,755,000 --------- ---------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] --------- ---------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 26.6% --------- ---------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON* OO --------- ---------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No: 07384R408 13D --------- ---------------------------------------------------------------------- 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) John D. Harvison --------- ---------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] --------- ---------------------------------------------------------------------- 3. SEC USE ONLY --------- ---------------------------------------------------------------------- 4. SOURCE OF FUNDS* OO --------- ---------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] --------- ---------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION --------- ---------------------------------------------------------------------- NUMBER OF SHARES 7. SOLE VOTING POWER 1,755,000 BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH ------------------------------ ------ ------------------------------------------ 8. SHARED VOTING POWER ------------------------------ ------ ------------------------------------------ 9. SOLE DISPOSITIVE POWER 1,755,000 ------------------------------ ------ ------------------------------------------ 10. SHARED DISPOSITIVE POWER --------- ---------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,755,000 --------- ---------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] --------- ---------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 26.6% --------- ---------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON* IN --------- ---------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Item 1. Security and Issuer. This Schedule 13D relates to Common Stock par value $0.0006665 per share ("Common Stock") of The Beard Company (the "Issuer") which 7HBF, Ltd. has the right to acquire immediately upon the conversion of the $1,755,000 aggregate principal amount of the Issuer's 12% Convertible Subordinated Notes due 2010 (the "Notes") purchased by 7HBF, Ltd. The conversion price for the Notes is currently $1.00 per share. Item 2. Identity and Background. (a) Name: This Schedule 13D is filed by 7HBF, Ltd., a Texas limited partnership on its own behalf and on behalf of its general partner, 7HBF Management Co., Ltd., a Texas limited liability company (the "General Partner"), and the managers of the General Partner, Randall W. Harvison and John D. Harvison (collectively, the "Reporting Persons"). (b) Residence or business address: The principal business address of 7HBF, Ltd., the General Partner, Randall W. Harvison and John D. Harvison is 2810 Glenda Avenue, Fort Worth, Texas 76117-4326. (c) Present business or occupation: The principal business of 7HBF, Ltd. and the General Partner is investments. Randall W. Harvison's present principal occupation is as an attorney. John D. Harvison's present principal occupation is Vice President of Dynamic Production, Inc., an independent oil and gas exploration company. (d) Criminal convictions: None the Reporting Persons has been convicted in a criminal proceeding (excluding traffic violation or similar misdemeanors) in the last five years. (e) Civil Proceedings: None of the Reporting Persons has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction in the last five years as a result of which such person was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to federal or state securities laws, or finding any violation with respect to such laws. (f) Citizenship: 7HBF, Ltd. and the General Partner were both organized in Texas. Randall W. Harvison and John D. Harvison are each a citizen of the United States. Item 3. Source and Amount of Funds or Other Consideration. The Funds used to purchase the Notes totaled $1,755,000 and were derived from the working capital of 7HBF, Ltd. Item 4. Purpose of Transaction. 7HBF, Ltd. is holding the Notes for investment purposes. Notwithstanding the foregoing, 7HBF, Ltd. will continue to review its investment in the Issuer and reserves the right to change its intentions with respect to any or all of such matters. Item 5. Interest in Securities of the Issuer. (a) As of January 25, 2005, 7HBF, Ltd. owned an aggregate principal amount of $1,755,000 of the Issuer's 12% Convertible Subordinated Notes due 2010, which are immediately convertible into 1,755,000 shares of the Issuer's Common Stock. Although the General Partner, Randall W. Harvison and John D. Harvison may be deemed to be beneficial owners of the Notes and the Underlying Common Stock under Section 13 of the Securities Exchange Act of 1934 as amended by reason of their position with 7HBF, Ltd. or the General Partner, each disclaims any such beneficial ownership. (b) 7HBF, Ltd. has the sole power to direct the disposition and direct the vote of all 1,755,000 shares of Common Stock into which the Notes are convertible. (c) None. (d) None. (e) None. Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer. Not Applicable. Item 7. Materials to be Filed as Exhibits. 99 Joint Filing Statement 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. 7HBF, LTD. By: 7HBF Management Company, Ltd., general partner By: RANDALL W. HARVISON Randall W. Harvison, Manager INDEX TO EXHIBITS Exhibit No. Description Method of Filing --- ----------- ---------------- 99 Joint Filing Statement dated Filed herewith electronically February 11, 2005 EX-99 2 harvex99-021405.txt EXHIBIT 99 CUSIP No. 07384R408 JOINT FILING STATEMENT PURSUANT TO RULE 13d-1(k)(1) The undersigned acknowledge and agree that the foregoing statement on Schedule 13D is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13D shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each will be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained herein, but will not be responsible for the completeness and accuracy of the information concerning the other, except to the extent that he or it knows or has reason to believe that such information is inaccurate. Dated: February 11, 2005 7HBF, Ltd. By: 7HBF Management Company, Ltd., general partner By: RANDALL W. HARVISON Randall W. Harvison, Manager 7HBF Management Company, Ltd. By: RANDALL W. HARVISON Name: Randall W. Harvison Title: Manager RANDALL W. HARVISON Randall W. Harvison JOHN D. HARVISON John D. Harvison