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