-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JjS8mZuogzy1ONLnBiGEpEuOxsM2BE9oJg0w8GVsyPHmERWzB7WSN2zG3nOXhyy+ dWQca4PD2ZPaXTWnypmXXg== 0000935836-06-000005.txt : 20060120 0000935836-06-000005.hdr.sgml : 20060120 20060120190231 ACCESSION NUMBER: 0000935836-06-000005 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060117 FILED AS OF DATE: 20060120 DATE AS OF CHANGE: 20060120 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: KOYAH PARTNERS L P CENTRAL INDEX KEY: 0001054506 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-17249 FILM NUMBER: 06541860 BUSINESS ADDRESS: STREET 1: 601 W MAIN AVE STREET 2: SUITE 600 CITY: SPOKANE STATE: WA ZIP: 99201 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: KOYAH LEVERAGE PARTNERS L P CENTRAL INDEX KEY: 0001054503 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-17249 FILM NUMBER: 06541859 BUSINESS ADDRESS: STREET 1: 601 W MAIN AVE STREET 2: SUITE 600 CITY: SPOKANE STATE: WA ZIP: 99201 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SIMMONS JAMES M CENTRAL INDEX KEY: 0001238466 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-17249 FILM NUMBER: 06541863 BUSINESS ADDRESS: STREET 1: ICM ASSET MANAGEMENT INC STREET 2: 601 W. MAIN AVENUE CITY: SPOKANE STATE: WA ZIP: 99201 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: KOYAH VENTURES LLC CENTRAL INDEX KEY: 0001059618 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-17249 FILM NUMBER: 06541861 BUSINESS ADDRESS: STREET 1: 601 W MAIN AVE STREET 2: SUITE 600 CITY: SPOKANE STATE: WA ZIP: 99201 BUSINESS PHONE: 5094553588 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: AURA SYSTEMS INC CENTRAL INDEX KEY: 0000826253 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690] IRS NUMBER: 954106894 STATE OF INCORPORATION: DE FISCAL YEAR END: 0228 BUSINESS ADDRESS: STREET 1: 2335 ALASKA AVE CITY: EL SEGUNDO STATE: CA ZIP: 90245 BUSINESS PHONE: 3106435300 MAIL ADDRESS: STREET 1: 2335 ALASKA AVE CITY: EL SEGUNDO STATE: CA ZIP: 90245 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ICM ASSET MANAGEMENT INC/WA CENTRAL INDEX KEY: 0000905608 STATE OF INCORPORATION: WA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-17249 FILM NUMBER: 06541862 BUSINESS ADDRESS: STREET 1: 601 W MAIN AVE STREET 2: SUITE 600 CITY: SPOKANE STATE: WA ZIP: 99201 BUSINESS PHONE: 5094553588 MAIL ADDRESS: STREET 1: 601 W MAIN AVE STREET 2: STE 600 CITY: SPOKANE STATE: WA ZIP: 99201 4 1 primary_doc.xml PRIMARY DOCUMENT X0202 4 2006-01-17 0 0000826253 AURA SYSTEMS INC AURAQ 0000905608 ICM ASSET MANAGEMENT INC/WA 601 W MAIN AVE STE 600 SPOKANE WA 99201 0 0 1 1 See remarks 0001059618 KOYAH VENTURES LLC 0 0 1 1 see remarks 0001054506 KOYAH PARTNERS L P 0 0 1 1 see remarks 0001054503 KOYAH LEVERAGE PARTNERS L P 0 0 1 1 see remarks 0001238466 SIMMONS JAMES M 0 0 1 1 see remarks Series B Cumulative Convertible Preferred Stock 0.02 2006-01-17 4 J 0 122996 0 A 2004-08-19 Common Stock 30149000 404459 I See Footnotes 1, 2 and 3 Warrant 0.02 2006-01-17 4 J 0 8353872 0 A 2004-08-19 2011-08-19 Common Stock 8353872 25945307 I See Footnotes 1, 2 and 3 The Reporting Persons are ICM Asset Management, Inc. ("ICM"), a Washington corporation and SEC-registered investment adviser, Koyah Ventures, LLC, a Delaware limited liability company ("Koyah Ventures"), James M. Simmons, Koyah Leverage Partners, L.P. and Koyah Partners, L.P., both Delaware limited partnerships, and collectively, the "Partnerships". ICM is the investment adviser to, and Koyah Ventures is the general partner of, investment limited partnerships, including the Partnerships. ICM is also the investment adviser to other client accounts. Mr. Simmons is the manager of Koyah Ventures and is the Chief Executive Officer and majority shareholder of ICM. Mr. Simmons, ICM and Koyah Ventures are filing this Form 4 jointly and constitute a group, but disclaim membership in a group with any other person within the meaning of Rule 13d-5(b)(i) and Rule 16a-1(a)(1) under the Securities Exchange Act of 1934, as amended (the "Act"). These securities are held directly by investment limited partnerships of which ICM is the investment adviser and Koyah Ventures is the general partner, including the Partnerships. They are held indirectly by ICM, Koyah Ventures and Mr. Simmons. The Reporting Persons disclaim beneficial ownership of such securities except to the extent of their respective pecuniary interests therein. The Partnerships are not members of a group, and each expressly disclaims membership in a group, within the meaning of Rule 13d-5(b)(i) and Rule 16a-1(a)(1), with any other person. Each Partnership also disclaims that it is the beneficial owner, as defined in Rule 13d-3 under the Act, of any of the Issuer's securities. Except for the Partnerships, no client account of ICM owns more than ten percent of the issuer's outstanding common stock. The Reporting Persons acquired these securities in good faith in connection with a debt previously contracted within the meaning of Section 16(b) of the Act. This zero is a placeholder only that is required by the EDGAR software and should be disregarded. As described in note 4, these securities were not purchased by the Reporting Persons. Expiration date is not applicable. The Issuer's Certificate of Incorporation entitles the holders of the Series B cumulative Convertible Preferred Stock (the "Series B Stock") to elect four of the Issuer's directors for as long as the Series B Stock is outstanding. The holders of the Series B Stock have agreed, among other things, to use their best efforts to cause the size of the Issuer's board of directors to remain at seven directors at all times and that Koyah Leverage Partners, L.P. has the right to elect one of the four directors that the holders of the Series B Stock are entitled to elect. Koyah Leverage Partners, L.P. has elected an individual as its designated director. ICM Asset Management, Inc. by Robert J. Law, Senior Vice President 2006-01-19 Koyah Ventures, LLC by Robert J. Law, Senior Vice President 2006-01-19 James M. Simmons 2006-01-19 Koyah Partners, L.P. by Koyah Ventuires, LLC, General Partner, by Robert J. Law, Senior Vice President 2006-01-19 Koyah Leverage Partners, L.P. by Koyah Ventures, LLC, General Partner by Robert J. Law, Senior Vice President 2006-01-19 -----END PRIVACY-ENHANCED MESSAGE-----