SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* Stephens Investment Management, LLC (Last) (First) (Middle) ONE SANSOME STREET SUITE 2900 (Street) SAN FRANCISCO CA 94104 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol MMC ENERGY, INC. [ MMCY.OB ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 08/07/2007
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $.001 par value per share	08/07/2007		S		7,900	D	$4.0306	1,811,300	I	By Nanocap Fund, L.P.(1)(2)(3)
Common Stock, $.001 par value per share	08/07/2007		P		7,900	A	$4.0306	1,819,200	I	By Nanocap Qualified Fund, L.P.(1)(2)(3)
Common Stock, $.001 par value per share	10/15/2007		P		24,600	A	$3.8	1,843,800	I	By Nanocap Fund, L.P.(1)(2)(3)
Common Stock, $.001 par value per share	10/15/2007		P		35,600	A	$3.8	1,879,400	I	By Nanocap Qualified Fund, L.P.(1)(2)(3)
Common Stock, $.001 par value per share	10/15/2007		P		39,800	A	$3.8	1,919,200	I	By Orphan Fund, L.P.(1)(2)(3)
Common Stock, $.001 par value per share	10/16/2007		P		3,903	A	$3.7413	1,923,103	I	By Nanocap Fund, L.P.(1)(2)(3)
Common Stock, $.001 par value per share	10/16/2007		P		5,648	A	$3.7413	1,928,751	I	By Nanocap Qualified Fund, L.P.(1)(2)(3)
Common Stock, $.001 par value per share	10/16/2007		P		6,314	A	$3.7413	1,935,065	I	By Orphan Fund, L.P.(1)(2)(3)
Common Stock, $.001 par value per share	10/17/2007		P		849	A	$3.65	1,935,914	I	By Nanocap Fund, L.P.(1)(2)(3)
Common Stock, $.001 par value per share	10/17/2007		P		1,228	A	$3.65	1,937,142	I	By Nanocap Qualified Fund, L.P.(1)(2)(3)
Common Stock, $.001 par value per share	10/17/2007		P		1,373	A	$3.65	1,938,515	I	By Orphan Fund, L.P.(1)(2)(3)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person* Stephens Investment Management, LLC (Last) (First) (Middle) ONE SANSOME STREET SUITE 2900 (Street) SAN FRANCISCO CA 94104 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* STEPHENS PAUL HARBOUR (Last) (First) (Middle) ONE SANSOME STREET SUITE 2900 (Street) SAN FRANCISCO CA 94104 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) See footnotes 1, 2, 3

1. Name and Address of Reporting Person* STEPHENS PAUL BARTLETT (Last) (First) (Middle) ONE SANSOME STREET SUITE 2900 (Street) SAN FRANCISCO CA 94104 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) See footnotes 1, 2, 3

1. Name and Address of Reporting Person* STEPHENS WILLIAM BRADFORD (Last) (First) (Middle) ONE SANSOME STREET SUITE 2900 (Street) SAN FRANCISCO CA 94104 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) See footnotes 1, 2, 3

Explanation of Responses:

1. These securities are held directly by Orphan Fund, L.P. ("Orphan Fund"), Nanocap Qualified Fund, L.P. ("Nanocap Qualified") and Nanocap Fund, L.P. ("Nanocap Fund"), U.S. investment limited partnerships (collectively, the "Partnerships"), none of which, for Section 16 purposes, is itself the beneficial owner of more than 10% of the issuer's common stock. 843,848 shares of common stock reported on this Form 4 are beneficially held by Orphan Fund, 649,013 shares are beneficially held by Nanocap Qualified and 445,654 shares are beneficially held by Nanocap Fund (after giving effect to the transactions reported on this Form 4). (see footnote 2).

2. (continued from footnote 1). Stephens Investment Management, LLC ("SIM") is the general partner and investment manager of each of the Partnerships. Paul H. Stephens, P. Bartlett Stephens and W. Bradford Stephens are each managing members and minority owners of SIM and each also holds limited partnership interests in Nanocap Fund. Paul H. Stephens also holds a limited partnership interest in Orphan Fund. Each of SIM, Paul H. Stephens, P. Bartlett Stephens, W. Bradford Stephens and each Partnership expressly disclaims beneficial ownership in these securities, except to the extent of their respective pecuniary interests therein.

3. Although none of the Partnerships is itself the beneficial owner of more than 10% of the issuer's common stock, SIM and the other reporting persons may be deemed to beneficially own the securities owned by the Partnerships insofar as they may be deemed to have the power to direct the voting or disposition of such securities. The reporting persons have elected therefore to file this Form 4 to report transactions by the Partnerships on an aggregate basis. The filing of this Form 4 should not, however, be deemed an admission by any of the reporting persons that the reporting persons and/or the Partnerships form a group within the meaning of Rule 13d-5(b)(1) and Rule 16a-1(a)(1).

Remarks:

	Stephens Investment Management, LLC; By: W. Bradford Stephens, its Managing Member; /s/ W. Bradford Stephens	10/17/2007
	Paul H. Stephens; /s/ Paul H. Stephens	10/17/2007
	P. Bartlett Stephens; /s/ P. Bartlett Stephens	10/17/2007
	W. Bradford Stephens; /s/ W. Bradford Stephens	10/17/2007
	** Signature of Reporting Person	Date
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* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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