0001140361-20-001141.txt : 20200121 0001140361-20-001141.hdr.sgml : 20200121 20200121144858 ACCESSION NUMBER: 0001140361-20-001141 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20200121 DATE AS OF CHANGE: 20200121 GROUP MEMBERS: BRAD SNIDER GROUP MEMBERS: GREENSPRINGS CAPITAL MANAGEMENT LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Millennium Investment & Acquisition Co Inc. CENTRAL INDEX KEY: 0001358656 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-82071 FILM NUMBER: 20536131 BUSINESS ADDRESS: STREET 1: 301 WINDING ROAD STREET 2: OLD BETHPAGE CITY: NEW YORK STATE: NY ZIP: 11804 BUSINESS PHONE: 212-751-9200 MAIL ADDRESS: STREET 1: 301 WINDING ROAD STREET 2: OLD BETHPAGE CITY: NEW YORK STATE: NY ZIP: 11804 FORMER COMPANY: FORMER CONFORMED NAME: Millennium India Acquisition CO Inc. DATE OF NAME CHANGE: 20060407 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Greensprings Capital L.P. CENTRAL INDEX KEY: 0001480525 IRS NUMBER: 271340475 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 8700 TRAIL LAKE WEST, SUITE 300 CITY: MEMPHIS STATE: TN ZIP: 38125 BUSINESS PHONE: 901-355-2788 MAIL ADDRESS: STREET 1: 8700 TRAIL LAKE WEST, SUITE 300 CITY: MEMPHIS STATE: TN ZIP: 38125 SC 13G 1 formsc13g.htm SC 13G
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

Millennium Investment & Acquisition Company, Inc.
(Name of Issuer)

Common Stock
(Title of Class of Securities)

60039Q101
(CUSIP Number)

December 31, 2019
(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)

 
☐
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 the securities, and for any subsequent amendment containing information which would alter the disclosure 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.  60039Q101

1
NAMES OF REPORTING PERSONS
 
 
Greensprings Capital LP
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    
(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 shares
 
 
 
 
6
SHARED VOTING POWER
 
 
777,261  shares
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
0 shares
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
777,261  shares
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
777,261 shares
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
☐
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
7.1%, based on 10,959,814 shares of common stock outstanding.
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
PN
 
 
 
 

1
NAMES OF REPORTING PERSONS
 
 
Greensprings Capital Management LLC
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    
(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 shares
 
 
 
 
6
SHARED VOTING POWER
 
 
777,261 shares
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
0 shares
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
777,261 shares
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
777,261 shares
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
☐
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
7.1%, based on 10,959,814 shares of common stock outstanding.
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
OO
 
 
 
 

1
NAMES OF REPORTING PERSONS
 
 
Brad Snider
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    
(a)☐
    
(b)☒
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
 United States
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
0 shares
 
 
 
 
6
SHARED VOTING POWER
 
 
777,261  shares
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
0 shares
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
777,261  shares
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
777,261 shares
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
☐
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
7.1%, based on 10,959,814 shares of common stock outstanding.
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
IN
 
 
 
 

Item 1.

 
(a)
Name of Issuer:  Millennium Investment & Acquisition Company

 
(b)
Address of Issuer’s Principal Executive Offices

301 Winding Road, Suite 46C
Old Bethpage, NY  11804

Item 2.

 
(a)
Name of Person Filing

Greensprings Capital LP
Greensprings Capital Management LLC.
Brad Snider

The shares of common stock of Issuer reported herein are owned by Greensprings Capital LP, which is managed by its general partner, Greensprings Capital Management LLC, which is owned by Brad Snider.

 
(b)
Address of Principal Business Office or, if none, Residence

8700 Trail Lake Drive West, Suite 300
Memphis, TN  38125

 
(c)
Citizenship

Greensprings Capital LP is a Delaware limited partnership
Greensprings Capital Management LLC is a Delaware limited liability company
Brad Snider is a citizen of the United States of America.

 
(d)
Title of Class of Securities

Common Stock

 
(e)
CUSIP Number

60039Q101

Item 3.

Not applicable.

Item 4.
Ownership.

 
(a)
Amount beneficially owned:

10,959,814

 
(b)
Percent of class:

7.1% (percentage based on 10,959,814 shares of Issuer common stock outstanding)

 
(c)
Number of shares as to which such person has:

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

0

 
(ii)
Shared power to vote or to direct the vote:

777,261

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

0

 
(iv)
Shared power to dispose or to direct the disposition of:

777,261

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

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.

SIGNATURES

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:
January 14, 2020
Greensprings Capital LP
     
   
By:  Greensprings Capital Management, LLC,
its General Partner
     
   
By:
/s/ Brad Snider
  
   
Name: Brad Snider
   
Title:    Principal
     
Date:
January 14, 2020
Greensprings Capital Management, LLC
     
   
By:
/s/ Brad Snider
  
     
Name: Brad Snider
     
Title:    Principal
     
Date:
January 14, 2020
/s/ Brad Snider
  
   
Brad Snider, individually