0001062993-14-006363.txt : 20141107 0001062993-14-006363.hdr.sgml : 20141107 20141107165717 ACCESSION NUMBER: 0001062993-14-006363 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20141107 DATE AS OF CHANGE: 20141107 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ALTEVA, INC. CENTRAL INDEX KEY: 0000104777 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 141160510 STATE OF INCORPORATION: NY FISCAL YEAR END: 1220 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-79356 FILM NUMBER: 141205617 BUSINESS ADDRESS: STREET 1: 401 MARKET STREET CITY: PHILADELPHIA STATE: PA ZIP: 19106 BUSINESS PHONE: 877-258-3722 MAIL ADDRESS: STREET 1: 401 MARKET STREET CITY: PHILADELPHIA STATE: PA ZIP: 19106 FORMER COMPANY: FORMER CONFORMED NAME: WARWICK VALLEY TELEPHONE CO DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: North Star Investment Management Corp. CENTRAL INDEX KEY: 0001342857 IRS NUMBER: 364467498 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 20 N. WACKER DRIVE STREET 2: SUITE # 1416 CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 312-580-0900 MAIL ADDRESS: STREET 1: 20 N. WACKER DRIVE STREET 2: SUITE # 1416 CITY: CHICAGO STATE: IL ZIP: 60606 SC 13G/A 1 schedule13ga.htm FORM SC 13G/A North Star Investment Management Corp.: Schedule 13G/A - Filed by newsfilecorp.com

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G/A

Under the Securities Exchange Act of 1934

Amendment No. 1

Alteva, Inc.
(Name of Issuer)

Common Stock
(Title of Class of Securities)

936750108
(CUSIP Number)

December 31, 2013
(Date of Event which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[X] Rule 13d-1(b)

[_] 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 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).



CUSIP No. 936750108

1.

NAMES OF REPORTING PERSONS

North Star Investment Management Corp.

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [   ]
(b) [   ]

3.

SEC USE ONLY

 

4.

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH

5. SOLE VOTING POWER
297,100
6. SHARED VOTING POWER
0
7. SOLE DISPOSITIVE POWER
297,100
8. SHARED DISPOSITIVE POWER
83,765
9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
380,865

10.

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [   ]

11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.2% (See Item 4 below)

12.

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IA




CUSIP No. 936750108

The information regarding the number of shares beneficially owned by the Reporting Person set forth on the cover page of this Schedule 13G/A, above, and in Item 4, below, is as of December 31, 2013, and supersedes the analogous information previously provided by the Reporting Person in its Schedule 13G/A for the event date of December 31, 2013.

Item 1 (a)    Name of Issuer

Alteva, Inc.

Item 1 (b)    Address of Issuer’s Principal Executive Offices

401 Market Street, Philadelphia, Pennsylvania 19106

Item 2 (a)    Name of Person Filing

North Star Investment Management Corp.

Item 2 (b)    Address of Principal Business Office or, if None, Residence

20 N. Wacker Drive, Suite 1416, Chicago, Illinois 60606.

Item 2 (c)    Citizenship

Delaware

Item 2 (d)    Title of Class of Securities

Common Stock

Item 2 (e)   CUSIP Number

936750108

Item 3        If This Statement is Filed Pursuant to Rule 13d-1(b), or 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)

[X] An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

(f)

[   ] An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

(g)

[   ] A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);

(h)

[   ] A savings association 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 (15 U.S.C. 80a-3);

(j)

[   ] A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J);

(k)

[   ] Group, in accordance with §240.13d-1(b)(1)(ii)(K);




CUSIP No. 936750108

Item 4        Ownership

The information reported below in this Item 4 is as of December 31, 2013. The percentage set forth in Item 4(b) is based on 6,140,889 shares of Common Stock outstanding as of November 4, 2013, as reported in the Issuer’s Form 10-Q for the period ended September 30, 2013 (filed November 12, 2013).

(a)

Amount beneficially owned: 380,865

(b)

Percent of class: 6.2%

(c)

Number of shares as to which such person has:


  (i)

Sole power to vote or to direct the vote: 297,100

  (ii)

Shared power to vote or to direct the vote: 0

  (iii)

Sole power to dispose or to direct the disposition: 297,100

  (iv)

Shared power to dispose or to direct the disposition: 83,765

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

Not Applicable.

Item 8        Identification and Classification of Members of the Group

Not Applicable.

Item 9        Notice of Dissolution of Group

Not Applicable.

Item 10      Certification

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 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, other than activities solely in connection with a nomination under §240.14a -11.


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.

Dated: November 7, 2014

NORTH STAR INVESTMENT MANAGEMENT CORP.

 

By:    /s/ Peter Gottlieb
                 Name: Peter Gottlieb 
                 Title: President