0000922423-05-000163.txt : 20120725 0000922423-05-000163.hdr.sgml : 20120725 20050208164452 ACCESSION NUMBER: 0000922423-05-000163 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050208 DATE AS OF CHANGE: 20050208 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: RCG COMPANIES INC CENTRAL INDEX KEY: 0000722839 STANDARD INDUSTRIAL CLASSIFICATION: LAND SUBDIVIDERS & DEVELOPERS (NO CEMETERIES) [6552] IRS NUMBER: 232265039 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-35710 FILM NUMBER: 05584540 BUSINESS ADDRESS: STREET 1: 6836 MORRISON BOULEVARD STREET 2: SUITE 200 CITY: CHARLOTTE STATE: NC ZIP: 28211 BUSINESS PHONE: 7043665054 MAIL ADDRESS: STREET 1: 6836 MORRISON BLVD STREET 2: SUITE 200 CITY: CHARLOTTE STATE: NC ZIP: 28211 FORMER COMPANY: FORMER CONFORMED NAME: ERESOURCE CAPITAL GROUP INC DATE OF NAME CHANGE: 20001113 FORMER COMPANY: FORMER CONFORMED NAME: FLIGHTSERV COM DATE OF NAME CHANGE: 19990716 FORMER COMPANY: FORMER CONFORMED NAME: PROACTIVE TECHNOLOGIES INC DATE OF NAME CHANGE: 19950921 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FIRST NEW YORK SECURITIES LLC /NY CENTRAL INDEX KEY: 0001111629 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 850 THIRD AVENUE 17TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 MAIL ADDRESS: STREET 1: 850 THIRD AVENUE 17TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 SC 13G 1 kl00215_sc13g.txt SCHEDULE 13G SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ---------------- Under the Securities Exchange Act of 1934 SCHEDULE 13G INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934 RCG Companies Incorporated -------------------------- (Name of Issuer) Common Stock, par value $0.04 per share --------------------------------------- (Title of Class of Securities) 749328100 --------- January 25, 2005 ---------------- (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) |X| Rule 13d-1(c) |_| Rule 13d-1(d) ----------- SCHEDULE 13G CUSIP No. 749328100 -------------------------------------------------------------------------------- 1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON First New York Securities L.L.C. -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_| (b) |X| -------------------------------------------------------------------------------- 3) SEC USE ONLY -------------------------------------------------------------------------------- 4) CITIZENSHIP OR PLACE OF ORGANIZATION New York -------------------------------------------------------------------------------- 5) SOLE VOTING POWER NUMBER 407,300 OF --------------------------------------------------- SHARES 6) SHARED VOTING POWER BENEFICIALLY OWNED BY None EACH --------------------------------------------------- REPORTING 7) SOLE DISPOSITIVE POWER PERSON WITH 407,300 --------------------------------------------------- 8) SHARED DISPOSITIVE POWER None -------------------------------------------------------------------------------- 9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 407,300 -------------------------------------------------------------------------------- 10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |_| -------------------------------------------------------------------------------- 11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 1.9% -------------------------------------------------------------------------------- 12) TYPE OF REPORTING PERSON BD -------------------------------------------------------------------------------- SCHEDULE 13G CUSIP No. 749328100 -------------------------------------------------------------------------------- 1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Judy Finger -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_| (b) |X| -------------------------------------------------------------------------------- 3) SEC USE ONLY -------------------------------------------------------------------------------- 4) CITIZENSHIP OR PLACE OF ORGANIZATION United States -------------------------------------------------------------------------------- 5) SOLE VOTING POWER NUMBER 165,000 OF --------------------------------------------------- SHARES 6) SHARED VOTING POWER BENEFICIALLY OWNED BY 791,300 EACH --------------------------------------------------- REPORTING 7) SOLE DISPOSITIVE POWER PERSON WITH 165,000 --------------------------------------------------- 8) SHARED DISPOSITIVE POWER 994,950 -------------------------------------------------------------------------------- 9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,159,950 -------------------------------------------------------------------------------- 10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |_| -------------------------------------------------------------------------------- 11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.5% -------------------------------------------------------------------------------- 12) TYPE OF REPORTING PERSON IN -------------------------------------------------------------------------------- SCHEDULE 13G CUSIP No. 749328100 -------------------------------------------------------------------------------- 1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Douglas Topkis -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_| (b) |X| -------------------------------------------------------------------------------- 3) SEC USE ONLY -------------------------------------------------------------------------------- 4) CITIZENSHIP OR PLACE OF ORGANIZATION United States -------------------------------------------------------------------------------- 5) SOLE VOTING POWER NUMBER None OF ----------------------------------------------- SHARES 6) SHARED VOTING POWER BENEFICIALLY OWNED BY 791,300 EACH ----------------------------------------------- REPORTING 7) SOLE DISPOSITIVE POWER PERSON WITH None ----------------------------------------------- 8) SHARED DISPOSITIVE POWER 994,950 -------------------------------------------------------------------------------- 9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 994,950 -------------------------------------------------------------------------------- 10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |_| -------------------------------------------------------------------------------- 11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.7% -------------------------------------------------------------------------------- 12) TYPE OF REPORTING PERSON IN -------------------------------------------------------------------------------- SCHEDULE 13G CUSIP No. 749328100 -------------------------------------------------------------------------------- 1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Haystack Capital L.P. -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_| (b) |X| -------------------------------------------------------------------------------- 3) SEC USE ONLY -------------------------------------------------------------------------------- 4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware -------------------------------------------------------------------------------- 5) SOLE VOTING POWER NUMBER 530,600 OF ------------------------------------------------ SHARES 6) SHARED VOTING POWER BENEFICIALLY OWNED BY None EACH ------------------------------------------------ REPORTING 7) SOLE DISPOSITIVE POWER PERSON WITH 530,600 ------------------------------------------------ 8) SHARED DISPOSITIVE POWER None -------------------------------------------------------------------------------- 9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 530,600 -------------------------------------------------------------------------------- 10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |_| -------------------------------------------------------------------------------- 11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.5% -------------------------------------------------------------------------------- 12) TYPE OF REPORTING PERSON PN -------------------------------------------------------------------------------- Schedule 13G Item 1(a). Name of Issuer: RCG Companies Incorporated Item 1(b). Address of Issuer's Principal Executive Offices: 6836 Morrison Boulevard, Suite 200 Charlotte, North Carolina 28211 Item 2(a). Name of Person Filing: (1) First New York Securities L.L.C. ("FNYS") (2) Judy Finger. Ms. Finger is employed by and trades securities of the issuer for the proprietary account of FNYS. Ms. Finger and Mr. Topkis are the managing members of Haystack Capital L.L.C., which is the general partner of Haystack Capital L.P., a hedge fund. (3) Douglas Topkis. Mr. Topkis is employed by and trades securities of the issuer for the proprietary account of FNYS. Ms. Finger and Mr. Topkis are the managing members of Haystack Capital L.L.C., which is the general partner of Haystack Capital L.P., a hedge fund. (4) Haystack Capital L.P. Haystack Capital L.P. is a hedge fund of which Haystack Capital L.L.C. is the sole general partner. Ms. Finger and Mr. Topkis are the managing members of Haystack Capital L.L.C. Item 2(b). Address of Principal Business Office or, if None, Residence: (1) First New York Securities L.L.C.: 850 Third Avenue, 17th Floor New York, NY 10022 (2) Judy Finger: c/o First New York Securities L.L.C. 850 Third Avenue, 8th Floor New York, NY 10022 (3) Douglas Topkis: c/o First New York Securities L.L.C. 850 Third Avenue, 8th Floor New York, NY 10022 (4) Haystack Capital L.P. c/o First New York Securities L.L.C. 850 Third Avenue, 17th Floor New York, NY 10022 Item 2(c). Citizenship: (1) First New York Securities L.L.C.: New York (2) Judy Finger: United States (3) Douglas Topkis: United States (4) Haystack Capital L.P. Delaware Item 2(d). Title of Class of Securities: Common Stock, par value $.04 per share Item 2(e). CUSIP Number: 749328100 Item 3. If this statement is filed pursuant to ss.ss. 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) |_| Investment Adviser in accordance with ss. 240.13d-1(b)(1)(ii)(E) (f) |_| Employee benefit plan or endowment fund in accordance with ss. 240.13d-1(b)(1)(ii)(F) (g) |_| Parent Holding Company or control person in accordance with ss.240.13d-1(b)(ii)(G) (h) |_| Savings Association as defined in ss.3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813) (i) |_| Church plan that is excluded from the definition of an investment company under ss.3(c)(15) of the Investment Company Act of 1940 (15 U.S.C. 80a-3) (j) |_| Group, in accordance with ss.240.13d-1(b)(ii)(J) Item 4. Ownership. (a) Amount beneficially owned:(1) (1) First New York Securities L.L.C.: 407,300 (2) Judy Finger: 1,159,950 (3) Douglas Topkis: 994,950 (4) Haystack Capital L.P.: 530,600 ------------------------ 1 Percentages based on 21,170,290 shares of Common Stock outstanding as reported in the Issuer's Form 10-Q for the quarter ended September 30, 2004. (b) Percent of class: (1) First New York Securities L.L.C.: 1.9% (2) Judy Finger: 5.5% (3) Douglas Topkis: 4.7% (4) Haystack Capital L.P.: 2.5% (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: (1) First New York Securities L.L.C.: 407,300 (2) Judy Finger: 165,000 (3) Douglas Topkis: 0 (4) Haystack Capital L.P.: 530,600 (ii) Shared power to vote or to direct the vote: (1) First New York Securities L.L.C.: 0 (2) Judy Finger: 791,300 (2) (3) Douglas Topkis: 791,300 (2) (4) Haystack Capital L.P.: 0 (iii) Sole power to dispose or to direct the disposition of: (1) First New York Securities L.L.C.: 407,300 (2) Judy Finger: 165,000 (3) Douglas Topkis: 0 (4) Haystack Capital L.P.: 530,600 (iv) Shared power to dispose or to direct the disposition of: (1) First New York Securities L.L.C.: 0 (2) Judy Finger: 994,950 (2) (3) (3) Douglas Topkis: 994,950 (2) (3) (4) Haystack Capital L.P.: 0 ----------------------- 2 Includes shares that are held in a managed account over which Ms. Finger and Mr. Topkis have discretionary investment authority. 3 Includes shares owned by First New York Securities L.L.C. as to which the reporting person may be deemed to share dispositive power. 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. See Item 2(a) above. 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 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. SIGNATURE --------- After reasonable inquiry and to the best knowledge and belief of the undersigned, the undersigned certifies that the information set forth in this Statement is true, complete and correct. Date: February 8, 2005 FIRST NEW YORK SECURITIES L.L.C. BY: /s/ Mario Maugeri -------------------------------- Name: Mario Maugeri Title: Director of Operations /s/ Judy Finger ----------------------------------- Judy Finger /s/ Douglas Topkis ----------------------------------- Douglas Topkis HAYSTACK CAPITAL L.P. BY: Haystack Capital L.L.C., its General Partner BY: /s/ Judy Finger -------------------------------- Name: Judy Finger Title: Managing Member Exhibit 1 AGREEMENT OF JOINT FILING Pursuant to rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned persons hereby agree to file with the Securities and Exchange Commission the Statement on Schedule 13G (the "Statement") to which this Agreement is attached as an exhibit, and agree that such Statement, as so filed is on the behalf of each of them. IN WITNESS WHEREOF, the undersigned have executed this Agreement as of February 8, 2005. FIRST NEW YORK SECURITIES L.L.C. BY: /s/ Mario Maugeri --------------------------------------- Name: Mario Maugeri Title: Director of Operations /s/ Judy Finger ------------------------------------------ Judy Finger /s/ Douglas Topkis ------------------------------------------ Douglas Topkis HAYSTACK CAPITAL L.P. BY: Haystack Capital L.L.C., its General Partner BY: /s/ Judy Finger --------------------------------------- Name: Judy Finger Title: Managing Member