0001161697-20-000384.txt : 20200903 0001161697-20-000384.hdr.sgml : 20200903 20200903075631 ACCESSION NUMBER: 0001161697-20-000384 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200902 FILED AS OF DATE: 20200903 DATE AS OF CHANGE: 20200903 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Manko Joseph M. Jr. CENTRAL INDEX KEY: 0001664091 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39086 FILM NUMBER: 201158268 MAIL ADDRESS: STREET 1: 1717 ARCH STREET STREET 2: 39TH FLOOR CITY: PHILADELPHIA STATE: PA ZIP: 19103 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Horton Capital Management, LLC CENTRAL INDEX KEY: 0001575444 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39086 FILM NUMBER: 201158269 BUSINESS ADDRESS: STREET 1: 1717 ARCH STREET STREET 2: 39TH FLOOR CITY: PHILADELPHIA STATE: PA ZIP: 19103 BUSINESS PHONE: (215) 399-5402 MAIL ADDRESS: STREET 1: 1717 ARCH STREET STREET 2: 39TH FLOOR CITY: PHILADELPHIA STATE: PA ZIP: 19103 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Horton Capital Partners, LLC CENTRAL INDEX KEY: 0001575443 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39086 FILM NUMBER: 201158270 BUSINESS ADDRESS: STREET 1: 1717 ARCH STREET STREET 2: 39TH FLOOR CITY: PHILADELPHIA STATE: PA ZIP: 19103 BUSINESS PHONE: (215) 399-5402 MAIL ADDRESS: STREET 1: 1717 ARCH STREET STREET 2: 39TH FLOOR CITY: PHILADELPHIA STATE: PA ZIP: 19103 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Horton Capital Partners Fund, L.P. CENTRAL INDEX KEY: 0001567994 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39086 FILM NUMBER: 201158271 BUSINESS ADDRESS: STREET 1: 1717 ARCH STREET STREET 2: 39TH FLOOR CITY: PHILADELPHIA STATE: PA ZIP: 19103 BUSINESS PHONE: 215-399-5402 MAIL ADDRESS: STREET 1: 1717 ARCH STREET STREET 2: 39TH FLOOR CITY: PHILADELPHIA STATE: PA ZIP: 19103 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Horton Freedom, L.P. CENTRAL INDEX KEY: 0001767112 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39086 FILM NUMBER: 201158272 BUSINESS ADDRESS: STREET 1: 1717 ARCH STREET STREET 2: 39TH FLOOR CITY: PHILADELPHIA STATE: PA ZIP: 19103 BUSINESS PHONE: 215-399-5402 MAIL ADDRESS: STREET 1: 1717 ARCH STREET STREET 2: 39TH FLOOR CITY: PHILADELPHIA STATE: PA ZIP: 19103 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: REPRO MED SYSTEMS INC CENTRAL INDEX KEY: 0000704440 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] IRS NUMBER: 133044880 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 24 CARPENTER RD CITY: CHESTER STATE: NY ZIP: 10918 BUSINESS PHONE: 845-469-2042 MAIL ADDRESS: STREET 1: 24 CARPENTER RD CITY: CHESTER STATE: NY ZIP: 10918 4 1 form_4.xml FORM 4 FOR 09-02-2020 X0306 4 2020-09-02 0 0000704440 REPRO MED SYSTEMS INC KRMD 0001664091 Manko Joseph M. Jr. 1717 ARCH STREET 39TH FLOOR PHILADELPHIA PA 19103 1 0 1 0 0001575444 Horton Capital Management, LLC 1717 ARCH STREET 39TH FLOOR PHILADELPHIA PA 19103 0 0 1 0 0001575443 Horton Capital Partners, LLC 1717 ARCH STREET 39TH FLOOR PHILADELPHIA PA 19103 0 0 1 0 0001567994 Horton Capital Partners Fund, L.P. 1717 ARCH STREET 39TH FLOOR PHILADELPHIA PA 19103 0 0 1 0 0001767112 Horton Freedom, L.P. 1717 ARCH STREET 39TH FLOOR PHILADELPHIA PA 19103 0 0 1 0 Common Stock 2020-09-02 4 P 0 6500 7.4557 A 7375716 I By Horton Capital Partners Fund, LP Common Stock 3283593 I By Horton Freedom, L.P. Common Stock 1123110 I By Horton Capital Management, LLC See Exhibit 99.1 to this Form 4 for explanation of note (1). See Exhibit 99.1 to this Form 4 for explanation of note (2). See Exhibit 99.1 to this Form 4 for explanation of note (3). The filing of this statement shall not be construed as an admission (a) that the person filing this statement is, for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the beneficial owner of any equity securities covered by this statement, or (b) that this statement is legally required to be filed by such person. /s/ Joseph M. Manko, Jr. 2020-09-02 /s/ Joseph M. Manko, Jr., Managing Member of Horton Capital Management, LLC 2020-09-02 /s/ Joseph M. Manko, Jr., Managing Member of Horton Capital Partners, LLC 2020-09-02 /s/ Joseph M. Manko, Jr., Managing Member of Horton Capital Partners, LLC, the General Partner of Horton Capital Partners Fund, LP 2020-09-02 /s/ Joseph M. Manko, Jr., Managing Member of Horton Capital Partners, LLC, the General Partner of Horton Freedom, L.P. 2020-09-02 EX-99 2 ex_99-1.htm EXHIBIT 99.1 TO FORM 4

EXHIBIT 99.1 TO FORM 4

 

Explanation of Responses:

 

(1)

The price reported in Column 4 is a weighted average price. The shares of common stock were purchased in multiple transactions at prices ranging from: (i) $7.44-$7.46 on September 2, 2020. The reporting person undertakes to provide to the issuer, any holder of the issuer’s common stock, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote (2) to this Form 4.

 

 

(2)

This Form 4 is filed jointly by Horton Capital Partners Fund, LP, a Delaware limited partnership (“HCPF”), Horton Freedom, LP, a Delaware limited partnership (“Horton Freedom”), Horton Capital Management LLC, a Delaware limited liability company (“HCM”), Horton Capital Partners LLC, a Delaware limited liability company (“HCP”), and Joseph M. Manko, Jr. Pursuant to other investment advisory agreements, HCM maintains discretionary investment and voting authority with respect to 7,375,716, 3,283,593, and 1,123,110 shares of Issuer common stock held by HCPF, Horton Freedom, and separately managed accounts (“SMAs”), respectively. HCP may be deemed to be the beneficial owner of such shares of Issuer common stock because, in the event HCM’s investment advisory agreements with respect to such shares of Issuer common stock are terminated, HCP has the right to assume HCM’s discretionary investment and voting authority with respect to such shares of Issuer common stock. HCP is the general partner of HCPF and Horton Freedom. Mr. Manko is the managing member of both HCM and HCP and may be deemed to be the beneficial owner of the shares of Issuer common stock held by HCPF, Horton Freedom, and the SMAs. Each of HCM, HCP, and Mr. Manko disclaims beneficial ownership of the shares of Issuer common stock held by HCPF, Horton Freedom, and the SMAs.

 

 

(3)

Net of the 401,929 shares previously held in a certain managed account in connection with the August 18, 2020 termination by the client of that certain investment advisory agreement with Horton Capital Management, LLC. Note that Horton Capital Management, LLC no longer retains voting or dispositive power with respect to such shares.

 

The filing of this statement shall not be construed as an admission (a) that the person filing this statement is, for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the beneficial owner of any equity securities covered by this statement, or (b) that this statement is legally required to be filed by such person.