-----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, Tn/hbUf6J4wTDXY4VcrNZJk/AzfWaDu0XuaqVbc4HHPKtK/XSwabewwsX7QAIbZZ OFyzsGGvfcsZRvdyjo/6yw== 0000898432-06-000361.txt : 20060403 0000898432-06-000361.hdr.sgml : 20060403 20060403163354 ACCESSION NUMBER: 0000898432-06-000361 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20060403 DATE AS OF CHANGE: 20060403 GROUP MEMBERS: AFB FUND, LLC GROUP MEMBERS: LOUIS BLUMBERG SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CAMBRIDGE HEART INC CENTRAL INDEX KEY: 0000913443 STANDARD INDUSTRIAL CLASSIFICATION: ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845] IRS NUMBER: 133679946 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-46607 FILM NUMBER: 06733931 BUSINESS ADDRESS: STREET 1: ONE OAK PARK DR CITY: BEDFORD STATE: MA ZIP: 01730 BUSINESS PHONE: 7812711200 MAIL ADDRESS: STREET 1: ONE OAK PARK DR CITY: BEDFORD STATE: MA ZIP: 01730 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BLUMBERG LAURENCE J CENTRAL INDEX KEY: 0001239965 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 153 EAST 53RD ST STREET 2: 48TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2125215186 SC 13G 1 schedule_13g.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. __)* CAMBRIDGE HEART, INC. - ------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $0.001 per share - ------------------------------------------------------------------------------- (Title of Class of Securities) 131910101 ---------------------------------- (CUSIP Number) March 31, 2006 ---------------------------------- (Date of Event that 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) (and 13d-2(b)) [ ] 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 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 (the "Act") or otherwise subject to the liabilities of that Section of the Act but shall be subject to all other provisions of the Act. - ------------------------------------------------------------------------------- CUSIP No. 131910101 - ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON Laurence J. Blumberg - ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - ------------------------------------------------------------------------------- 3. SEC USE ONLY - ------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION USA - ------------------------------------------------------------------------------- AGGREGATE AMOUNT 5. SOLE VOTING POWER 316,500 OF SHARES ------------------------------------------------- BENEFICIALLY 6. SHARED VOTING POWER 0 OWNED BY ------------------------------------------------- REPORTING 7. SOLE DISPOSITIVE POWER 316,500 PERSON ------------------------------------------------- 8. SHARED DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON 316,500 - ------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.53% - ------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON IN - ------------------------------------------------------------------------------- -2- - ------------------------------------------------------------------------------- CUSIP No. 131910101 - ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON Louis Blumberg - ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - ------------------------------------------------------------------------------- 3. SEC USE ONLY - ------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION USA - ------------------------------------------------------------------------------- AGGREGATE AMOUNT 5. SOLE VOTING POWER 0 OF SHARES ------------------------------------------------- BENEFICIALLY 6. SHARED VOTING POWER 4,988,368 OWNED BY ------------------------------------------------- REPORTING 7. SOLE DISPOSITIVE POWER 0 PERSON ------------------------------------------------- 8. SHARED DISPOSITIVE POWER 4,988,368 - ------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON 4,988,368 - ------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 8.01% - ------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON IN - ------------------------------------------------------------------------------- -3- - ------------------------------------------------------------------------------- CUSIP No. 131910101 - ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON AFB Fund, LLC - ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - ------------------------------------------------------------------------------- 3. SEC USE ONLY - ------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION New Jersey - ------------------------------------------------------------------------------- AGGREGATE AMOUNT 5. SOLE VOTING POWER 0 OF SHARES ------------------------------------------------- BENEFICIALLY 6. SHARED VOTING POWER 4,988,368 OWNED BY ------------------------------------------------- REPORTING 7. SOLE DISPOSITIVE POWER 0 PERSON ------------------------------------------------- 8. SHARED DISPOSITIVE POWER 4,988,368 - ------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON 4,988,368 - ------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 8.01% - ------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON IV, OO - ------------------------------------------------------------------------------- -4- ITEM 1. (a) Name of Issuer: Cambridge Heart, Inc. (the "Company") (b) Address of Issuer's Principal Executive Offices: 1 Oak Park Drive Bedford, MA 01730 ITEM 2. (a) Name of Person Filing: This report is being filed by each of Laurence J. Blumberg, Louis Blumberg and AFB Fund, LLC ("AFB") (b) Address of Principal Business Office: Laurence J. Blumberg 145 East 81st Street New York, NY 10028 Louis Blumberg and AFB 2050 Center Avenue Fort Lee, NJ 07024 (c) Citizenship: Laurence J. Blumberg and Louis Blumberg are U.S. citizens AFB is a New Jersey limited liability company (d) Title of Class of Securities: common stock, $0.001 par value (the "Common Stock") (e) CUSIP Number: 131910101 ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B) OR 13D-2(B) OR (C), CHECK THE STATUS OF THE PERSON FILING: (a) / / Broker of 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; -5- (d) / / Investment company registered under section 8 of the Investment Company Act of 1940; (e) / / An investment adviser in accordance with ss.240.13d-1(b)(l) (ii)(E); (f) / / An employee benefit plan or endowment fund in accordance with ss.240.13d-1(b)(1)(ii)(F); (g) / / A parent holding company or control person in accordance with ss.240.13d-1(b)(1)(ii)(G); (h) / / A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; (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 ss.240.13d-1((b)(l)(ii)(J) ITEM 4. OWNERSHIP: LAURENCE J. BLUMBERG (a) Amount beneficially owned: 316,500 shares of Common Stock. (b) Percent of class: 0.53% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 316,500 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 316,500 (iv) Shared power to dispose or to direct the disposition of: 0 LOUIS BLUMBERG (a) Amount beneficially owned: -6- 4,988,368 shares of Common Stock. (b) Percent of class: 8.01% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 4,988,368 (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 4,988,368 AFB (a) Amount beneficially owned: 4,988,368 shares of Common Stock. (b) Percent of class: 8.01% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 4,988,368 (iii) Sole power to dispose or to direct the disposition of: -7- 0 (iv) Shared power to dispose or to direct the disposition of: 4,988,368 Louis Blumberg, the father of Laurence J. Blumberg, is the manager of AFB, a family limited liability company, of which Laurence J. Blumberg is a member. Messrs. Blumberg and AFB may be deemed to beneficially own 5,304,868 Shares by virtue of the fact that the Messrs. Blumberg and AFB may be deemed to be a group for purposes of this filing. Laurence J. Blumberg is deemed to have beneficial ownership over the 316,500 Shares that he holds personally.(1) Louis Blumberg is deemed to beneficially own the 4,988,368 Shares held by AFB by virtue of his role as manager of AFB.(2) AFB may be deemed to beneficially own the 4,988,368 Shares that it holds.(3) - ------------------- (1) By virtue of Laurence J. Blumberg potentially being deemed a "group", Laurence J. Blumberg may also be deemed to have beneficial ownership over the 4,988,368 Shares held by AFB. (2) By virtue of Louis Blumberg potentially being deemed a "group", Louis Blumberg may also be deemed to have beneficial ownership over the 316,500 Shares held directly by Laurence J. Blumberg. (3) By virtue of AFB potentially being deemed a "group", AFB may also be deemed to have beneficial ownership over the 316,500 Shares held directly by Laurence J. Blumberg. 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 OR CONTROL PERSON: Not Applicable. -8- ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP: Not Applicable. ITEM 9. NOTICE OF DISSOLUTION OF GROUP: Not Applicable. ITEM 10. CERTIFICATIONS: 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. -9- 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. Date: April 3, 2006 /S/ LAURENCE J. BLUMBERG ----------------------------------- Laurence J. Blumberg /S/ LOUIS BLUMBERG ----------------------------------- Louis Blumberg AFB Fund, LLC By: /S/ LOUIS BLUMBERG -------------------------------- Name: Louis Blumberg Title: Manager -10- EXHIBIT INDEX 99.1 AGREEMENT RELATING TO THE FILING OF A JOINT STATEMENT -11- EX-99.1 2 exhibit99_1.txt Exhibit 99.1 AGREEMENT RELATING TO THE FILING OF A JOINT STATEMENT As required by Rule 13d-1(k)(1)(iii) under the Securities Exchange Act of 1934, the undersigned agree that this Schedule 13G, dated April 3, 2006, relating to the Common Stock, par value $0.01, of Cambridge Heart, Inc., shall be filed on behalf of the undersigned. /s/ Laurence J. Blumberg ------------------------------------ Laurence J. Blumberg /s/ Louis Blumberg ------------------------------------ Louis Blumberg AFB Fund, LLC By: /s/ Louis Blumberg -------------------------------- Name: Louis Blumberg Title: Manager -----END PRIVACY-ENHANCED MESSAGE-----