SC 13G 1 d873462dsc13g.htm SC 13G SC 13G

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No.     )*

 

 

Stevia First Corp.

(Name of Issuer)

Common Stock, $0.001 par value per share

(Title of Class of Securities)

86031Q104

(CUSIP Number)

December 31, 2014

(Date of Event Which Requires Filing of this Statement)

 

 

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

 

a. x Rule 13d-1(b)

 

b. ¨ Rule 13d-1(c)

 

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).

 

 

 


CUSIP No. 86031Q104  

 

  1.   

Names of Reporting Persons.

 

Cranshire Capital Advisors, LLC

  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

 

0

    6.   

Shared Voting Power

 

3,853,899

    7.   

Sole Dispositive Power

 

0

    8.   

Shared Dispositive Power

 

3,853,899

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

3,853,899 (see Item 4)

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

11.  

Percent of Class Represented by Amount in Row (9)

 

5.3% (see Item 4)

12.  

Type of Reporting Person (See Instructions)

 

OO; IA

 

Page 2 of 8


CUSIP No. 86031Q104  

 

  1.   

Names of Reporting Persons.

 

Mitchell P. Kopin

  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

 

United States of America

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With:

    5.    

Sole Voting Power

 

0

    6.   

Shared Voting Power

 

3,853,899

    7.   

Sole Dispositive Power

 

0

    8.   

Shared Dispositive Power

 

3,853,899

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

3,853,899 (see Item 4)

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

11.  

Percent of Class Represented by Amount in Row (9)

 

5.3% (see Item 4)

12.  

Type of Reporting Person (See Instructions)

 

IN; HC

 

Page 3 of 8


Item 1.

 

(a) Name of Issuer

Stevia First Corp. (the “Issuer”)

(b) Address of Issuer’s Principal Executive Offices

5225 Carlson Road

Yuba City, California 95993

Item 2.

 

(a) Name of Person Filing
(b) Address of Principal Business Office or, if none, Residence
(c) Citizenship

This Schedule 13G is being filed on behalf of (i) Cranshire Capital Advisors, LLC, a Delaware limited liability company (“CCA”), and (ii) Mitchell P. Kopin, an individual who is a citizen of the United States of America (“Mr. Kopin,” together with CCA, the “Reporting Persons”).

CCA serves as the investment manager to each of (i) Cranshire Capital Master Fund, Ltd., a Cayman Islands exempted company (“Cranshire Capital Master Fund”) and (ii) a managed account (the “Managed Account”). In such capacity, CCA exercises voting and investment power over the shares of Common Stock held for the account of each of Cranshire Capital Master Fund and the Managed Account. CCA is a registered investment adviser under Section 203 of the Investment Advisers Act of 1940, as amended.

The Reporting Persons have entered into a Joint Filing Agreement, a copy of which is filed with this Schedule 13G as Exhibit 1, pursuant to which the Reporting Persons have agreed to file this Schedule 13G jointly in accordance with the provisions of Rule 13d-1(k) of the Securities Exchange Act of 1934, as amended.

The principal business office of the Reporting Persons is 3100 Dundee Road, Suite 703, Northbrook, Illinois 60062.

(d) Title of Class of Securities

Common stock, $0.001 par value per share, of the Issuer (the “Common Stock”).

(e)

CUSIP Number

86031Q104

Item 3. If this statement is filed pursuant to §§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) 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 associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

 

Page 4 of 8


  (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) ¨ 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). If filing as a non-U.S. institution in accordance with

     § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:             

 

Item 4. Ownership.

 

  (a) and (b):

As of the close of business on December 31, 2014, each of the Reporting Persons may be deemed to have beneficial ownership of 3,853,899 shares of Common Stock, which consists of (i) 3,586,186 shares of Common Stock held for the account of Cranshire Capital Master Fund and (ii) 267,713 shares of Common Stock held for the account of the Managed Account, and all such shares of Common Stock represent beneficial ownership of approximately 5.3% of the Common Stock, based on 72,430,100 shares of Common Stock issued and outstanding on November 13, 2014, as reported in the Form 10-Q filed by the Issuer on November 14, 2014.

The foregoing excludes: (1) an aggregate of 5,294,118 shares of Common Stock issuable upon exercise of warrants held by Cranshire Capital Master Fund (the “Cranshire Warrants”) because each of such Cranshire Warrants contains a blocker provision under which the holder thereof does not have the right to exercise such Cranshire Warrants to the extent that such exercise would result in beneficial ownership by the holder thereof (together with the holder’s affiliates and any other persons acting as a group together with the holder or any of the holder’s affiliates), of more than 4.99% of the Common Stock and (2) an aggregate of 588,236 shares of Common Stock issuable upon exercise of warrants held by the Managed Account (the “Managed Account Warrants”) because each of such Managed Account Warrants contains a blocker provision under which the holder thereof does not have the right to exercise such Managed Account Warrants to the extent that such exercise would result in beneficial ownership by the holder thereof (together with the holder’s affiliates and any other persons acting as a group together with the holder or any of the holder’s affiliates), of more than 4.99% of the Common Stock. Without such blocker provisions, each of the Reporting Persons may be deemed to have beneficial ownership of 9,736,253 shares of Common Stock.

 

  (c) Number of shares as to which each Reporting Person has:

 

  (i) Sole power to vote or to direct the vote: 0.

 

  (ii) Shared power to vote or to direct the vote: 3,853,899.

 

  (iii) Sole power to dispose or to direct the disposition of 0.

 

  (iv) Shared power to dispose or to direct the disposition of 3,853,899.

 

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.

 

Page 5 of 8


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.

 

Page 6 of 8


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: February 12, 2015

 

CRANSHIRE CAPITAL ADVISORS, LLC
By:

/s/ Mitchell P. Kopin

Mitchell P. Kopin, Managing Member

/s/ Mitchell P. Kopin

Mitchell P. Kopin

 

Page 7 of 8


Exhibit 1

JOINT FILING AGREEMENT

The undersigned acknowledge and agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G may be filed on behalf of each of the undersigned without the necessity of filing additional joint filing agreements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained herein and therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.

Date: February 12, 2015

 

CRANSHIRE CAPITAL ADVISORS, LLC
By:

/s/ Mitchell P. Kopin

Mitchell P. Kopin, Managing Member

/s/ Mitchell P. Kopin

Mitchell P. Kopin

 

Page 8 of 8