-----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, PXs8Gr8VmTi0OL2alA9JgPI6gzPlYHYvt4JHzaIKquySmKZZcN/VrMUcfQ42DtAO q3+HastHhKLqejYlUIsV7Q== 0000909012-08-000811.txt : 20080728 0000909012-08-000811.hdr.sgml : 20080728 20080728113412 ACCESSION NUMBER: 0000909012-08-000811 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080728 DATE AS OF CHANGE: 20080728 GROUP MEMBERS: THOMAS MULLEN GROUP MEMBERS: THOMAS MULLEN, LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AIR INDUSTRIES GROUP, INC. CENTRAL INDEX KEY: 0001009891 STANDARD INDUSTRIAL CLASSIFICATION: AIRCRAFT PART & AUXILIARY EQUIPMENT, NEC [3728] IRS NUMBER: 204458244 STATE OF INCORPORATION: DE FISCAL YEAR END: 0626 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-61067 FILM NUMBER: 08972334 BUSINESS ADDRESS: STREET 1: 1479 NORTH CLINTON AVENUE CITY: BAY SHORE STATE: NY ZIP: 11706 BUSINESS PHONE: 631-968-5000 MAIL ADDRESS: STREET 1: 1479 NORTH CLINTON AVENUE CITY: BAY SHORE STATE: NY ZIP: 11706 FORMER COMPANY: FORMER CONFORMED NAME: Gales Industries Inc DATE OF NAME CHANGE: 20060410 FORMER COMPANY: FORMER CONFORMED NAME: Ashlin Development Corp DATE OF NAME CHANGE: 20050127 FORMER COMPANY: FORMER CONFORMED NAME: HEALTH & NUTRITION SYSTEMS INTERNATIONAL INC DATE OF NAME CHANGE: 20000118 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: TWM Capital LP CENTRAL INDEX KEY: 0001440498 IRS NUMBER: 161620366 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 113 POST ROAD EAST CITY: WESTPORT STATE: CT ZIP: 06880 BUSINESS PHONE: 203 341-8968 MAIL ADDRESS: STREET 1: 113 POST ROAD EAST CITY: WESTPORT STATE: CT ZIP: 06880 SC 13G 1 t304443.txt AIR IND GROUP UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 AIR INDUSTRIES GROUP, INC. (Name of Issuer) COMMON STOCK, $0.001 PAR VALUE (Title of Class of Securities) 00912N106 (CUSIP Number) JULY 18, 2008 (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). PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION CONTAINED IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM DISPLAYS A CURRENTLY VALID OMB CONTROL NUMBER. SEC 1745 (12-02)
- --------------------------------------- --------------------------------------- -------------------------------------- CUSIP No. 00912N106 13G Page 2 of 9 Pages - --------------------------------------- --------------------------------------- -------------------------------------- - --------- ------------------------------------------------------------------------------------------------------------ 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) TWM CAPITAL, L.P. - --------- ------------------------------------------------------------------------------------------------------------ - --------- ------------------------------------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A GROUP* (a) (b) |X| - --------- ------------------------------------------------------------------------------------------------------------ - --------- ------------------------------------------------------------------------------------------------------------ 3. SEC USE ONLY - --------- ------------------------------------------------------------------------------------------------------------ - --------- ------------------------------------------------------------------------------------------------------------ 4. CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - --------- ------------------------------------------------------------------------------------------------------------ - ------------------- ----- --------------------------------------------- ---------------------------------------------- NUMBER OF 5. SHARES SOLE VOTING POWER 0 - ------------------- ----- --------------------------------------------- ---------------------------------------------- - ------------------- ----- --------------------------------------------- ---------------------------------------------- BENEFICIALLY 6. OWNED BY SHARED VOTING POWER 3,957,730 - ------------------- ----- --------------------------------------------- ---------------------------------------------- - ------------------- ----- --------------------------------------------- ---------------------------------------------- EACH 7. REPORTING SOLE DISPOSITIVE POWER 0 - ------------------- ----- --------------------------------------------- ---------------------------------------------- - ------------------- ----- --------------------------------------------- ---------------------------------------------- PERSON WITH: 8. SHARED DISPOSTIVE POWER 3,957,730 - ------------------- ----- --------------------------------------------- ---------------------------------------------- - --------- ---------------------------------------------------------------------------- ------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,957,730 - --------- ---------------------------------------------------------------------------- ------------------------------- - --------- ------------------------------------------------------------------------------------------------------------ 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) - --------- ------------------------------------------------------------------------------------------------------------ - --------- ---------------------------------------------------------------------------- ------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.63 % - --------- ---------------------------------------------------------------------------- ------------------------------- - --------- ---------------------------------------------------------------------------- ------------------------------- 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN - --------- ---------------------------------------------------------------------------- ------------------------------- - -------------------------------------- --------------------------------------- -------------------------------------- CUSIP No. 00912N106 13G Page 3 of 9 Pages - --------------------------------------- --------------------------------------- -------------------------------------- - --------- ------------------------------------------------------------------------------------------------------------ 13. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) THOMAS MULLEN, LLC - --------- ------------------------------------------------------------------------------------------------------------ - --------- ------------------------------------------------------------------------------------------------------------ 14. CHECK THE APPROPRIATE BOX IF A GROUP* (a) (b) |X| - --------- ------------------------------------------------------------------------------------------------------------ - --------- ------------------------------------------------------------------------------------------------------------ 15. SEC USE ONLY - --------- ------------------------------------------------------------------------------------------------------------ - --------- ------------------------------------------------------------------------------------------------------------ 16. CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - --------- ------------------------------------------------------------------------------------------------------------ - ------------------- ----- --------------------------------------------- ---------------------------------------------- NUMBER OF 17. SHARES SOLE VOTING POWER 0 - ------------------- ----- --------------------------------------------- ---------------------------------------------- - ------------------- ----- --------------------------------------------- ---------------------------------------------- BENEFICIALLY 18. OWNED BY SHARED VOTING POWER 3,957,730 - ------------------- ----- --------------------------------------------- ---------------------------------------------- - ------------------- ----- --------------------------------------------- ---------------------------------------------- EACH 19. REPORTING SOLE DISPOSITIVE POWER 0 - ------------------- ----- --------------------------------------------- ---------------------------------------------- - ------------------- ----- --------------------------------------------- ---------------------------------------------- PERSON WITH: 20. SHARED DISPOSTIVE POWER 3,957,730 - ------------------- ----- --------------------------------------------- ---------------------------------------------- - --------- ---------------------------------------------------------------------------- ------------------------------- 21. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,957,730 - --------- ---------------------------------------------------------------------------- ------------------------------- - --------- ------------------------------------------------------------------------------------------------------------ 22. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) - --------- ------------------------------------------------------------------------------------------------------------ - --------- ---------------------------------------------------------------------------- ------------------------------- 23. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.63 % - --------- ---------------------------------------------------------------------------- ------------------------------- - --------- ---------------------------------------------------------------------------- ------------------------------- 24. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IA - --------- ---------------------------------------------------------------------------- ------------------------------- - --------------------------------------- --------------------------------------- -------------------------------------- CUSIP No. 00912N106 13G Page 4 of 9 Pages - --------------------------------------- --------------------------------------- -------------------------------------- - ---------------------------------------------------------------------------------------------------------------------- NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) THOMAS MULLEN - ---------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------- CHECK THE APPROPRIATE BOX IF A GROUP* (a) (b) |X| - ---------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------- SEC USE ONLY - ---------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------- CITIZENSHIP OR PLACE OF ORGANIZATION UNITED STATES OF AMERICA - ---------------------------------------------------------------------------------------------------------------------- - ------------------- ----- --------------------------------------------- ---------------------------------------------- NUMBER OF 25. SHARES SOLE VOTING POWER 0 - ------------------- ----- --------------------------------------------- ---------------------------------------------- - ------------------- ----- --------------------------------------------- ---------------------------------------------- BENEFICIALLY 26. OWNED BY SHARED VOTING POWER 3,957,730 - ------------------- ----- --------------------------------------------- ---------------------------------------------- - ------------------- ----- --------------------------------------------- ---------------------------------------------- EACH 27. REPORTING SOLE DISPOSITIVE POWER 0 - ------------------- ----- --------------------------------------------- ---------------------------------------------- - ------------------- ----- --------------------------------------------- ---------------------------------------------- PERSON WITH: 28. SHARED DISPOSTIVE POWER 3,957,730 - ------------------- ----- --------------------------------------------- ---------------------------------------------- - ------------------------------------------------------------------------------ --------------------------------------- AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,957,730 - ------------------------------------------------------------------------------ --------------------------------------- - ---------------------------------------------------------------------------------------------------------------------- CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) - ---------------------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------ --------------------------------------- PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.63 % - ------------------------------------------------------------------------------ --------------------------------------- - ------------------------------------------------------------------------------ --------------------------------------- TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN - ------------------------------------------------------------------------------ --------------------------------------- - --------------------------------------- --------------------------------------- -------------------------------------- CUSIP No. 00912N106 13G Page 5 of 9 Pages - --------------------------------------- --------------------------------------- -------------------------------------- ITEM 1. (a) Name of Issuer: AIR INDUSTRIES GROUP, INC. (b) Address of Issuer's Principal Executive Offices: 1479 N. CLINTON AVENUE BAY SHORE, NEW YORK 11706 ITEM 2. (a) Name of Person Filing: THIS SCHEDULE IS BEING FILED WITH RESPECT TO SHARES OF COMMON STOCK OF THE ISSUER WHICH ARE BENEFICIALLY OWNED BY TWM CAPITAL, L.P., THOMAS MULLEN, LLC AND THOMAS MULLEN. SEE ITEM 4 BELOW. 113 POST ROAD EAST (b) Address of Principal Business Office or, if none, Residence: WESTPORT, CT 06880 TWM CAPITAL, L.P. IS A DELAWARE LIMITED PARTNERSHIP, THOMAS MULLEN, LLC IS A DELAWARE LIMITED LIABILITY COMPANY AND THOMAS MULLEN IS A UNITED STATES (c) Citizenship: CITIZEN. (d) Title of Class of Securities: COMMON STOCK, $0.001 PAR VALUE (e) CUSIP Number: 00912N106 ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SS.SS.240.13D-1(B) OR 240.13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A: (a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8). (e) [ ] An investment adviser in accordance with ss.240.13d-1(b)(1)(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 associations 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 (15 U.S.C. 80a-3); (j) [ ] Group, in accordance with ss.240.13d-1(b)(1)(ii)(J). - ---------------------------------------- -------------------------------------- ---------------------------------------- CUSIP No. 00912N106 13G Page 6 of 9 Pages - ---------------------------------------- -------------------------------------- ---------------------------------------- OWNERSHIP. ITEM 4. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. Thomas Mullen beneficially owns 3,957,730 shares held by TWM Capital, L.P. ("Partnership"), a Delaware limited (a) Amount beneficially owned: partnership of which the general partner is Thomas Mullen, LLC, a Delaware limited liability company of which Mr. Mullen is the managing member. The following percentages are based on 70,245,551 shares issued and outstanding based on the sum of (i) 69,262,227 as (b) Percent of class: reported on the Issuer's most recent 10-Q as filed with the SEC on May 19, 2008 and (ii) 983,324 shares issued and sold as reported on the Issuer's 8-K filed on June 24, 2008. TWM Capital, L.P.: 5.63% Thomas Mullen, LLC: 5.63% Thomas Mullen: 5.63% - ---------------------------------------- -------------------------------------- -------------------------------------- CUSIP No. 00912N106 13G Page 7 of 9 Pages - ---------------------------------------- -------------------------------------- -------------------------------------- (c) Number of shares as to which the person has: TWM Capital, L.P.: 0 Thomas Mullen, LLC: 0 (i) Sole power to vote or to direct the vote: Thomas Mullen: 0 TWM Capital, L.P.: 3,957,730 (ii) Shared power to vote or to direct the vote: Thomas Mullen, LLC: 3,957,730 Thomas Mullen: 3,957,730 TWM Capital, L.P.: 0 (iii) Sole power to dispose or to direct the disposition of: Thomas Mullen, LLC: 0 Thomas Mullen: 0 TWM Capital, L.P.: 3,957,730 (iv) Shared power to dispose or to direct the disposition of: Thomas Mullen, LLC: 3,957,730 Thomas Mullen: 3,957,730 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 As referred to in Item 4, other persons have the right to receive and the power to direct the receipt of dividends from, and the proceeds from the sale of, certain of the shares reported herein. In that regard Mr. Mullen is the managing member of Thomas Mullen, LLC, the general partner of the Partnership. Accordingly, the Partnership has the right to receive and the power to direct the receipt of, dividends and the proceeds from the sale of the shares reported herein that are held through the Partnership which shares represent greater than 5% of the shares outstanding. ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR CONTROL PERSON. See Exhibit B. ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP. Not applicable. - ---------------------------------------- -------------------------------------- -------------------------------------- CUSIP No. 00912N106 13G Page 8 of 9 Pages - ---------------------------------------- -------------------------------------- -------------------------------------- ITEM 9. NOTICE OF DISSOLUTION OF GROUP. Not applicable. ITEM 10. CERTIFICATION The following certification shall be included if the statement is filed pursuant to ss.240.13d-1(b): By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were (a) 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. [X] - ---------------------------------------- -------------------------------------- -------------------------------------- CUSIP No. 00912N106 13G Page 9 of 9 Pages - ---------------------------------------- -------------------------------------- -------------------------------------- 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. July 25, 2008 Date /s/ TWM Capital, L.P. Signature Thomas Mullen, LLC/general partner Name/Title July 25, 2008 Date /s/ Thomas Mullen, LLC Signature Thomas Mullen, LLC/managing member Name/Title July 25, 2008 Date /s/ Thomas Mullen, LLC Signature Thomas Mullen, LLC/managing member Name/Title The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representative's authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature. NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. SEE ss.240.13d-7 for other parties for whom copies are to be sent. ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001)
EXHIBIT LIST Exhibit A Joint Filing Agreement Exhibit B Item 7 Statement EXHIBIT A The undersigned hereby agree jointly to prepare and file with regulatory authorities a Schedule 13G and any amendment thereto reporting each of the undersigned's ownership of securities of Air Industries Group, Inc. and hereby affirm that such Schedule 13G is being filed on behalf of each of the undersigned. July 25, 2008 Date /s/ TWM Capital, L.P. Signature Thomas Mullen, LLC/general partner Name/Title July 25, 2008 Date /s/ Thomas Mullen, LLC Signature Thomas Mullen, LLC/managing member Name/Title July 25, 2008 Date /s/ Thomas Mullen, LLC Signature Thomas Mullen, LLC/managing member Name/Title EXHIBIT B As discussed in Item 4(a), certain shares reported herein are held through TWM Capital, L.P., a Delaware limited partnership, of which Thomas Mullen is the managing member of the partnership's general partner, Thomas Mullen, LLC. -----END PRIVACY-ENHANCED MESSAGE-----