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<SEC-DOCUMENT>0001072613-10-000352.txt : 20100309
<SEC-HEADER>0001072613-10-000352.hdr.sgml : 20100309
<ACCEPTANCE-DATETIME>20100309131552
ACCESSION NUMBER: 0001072613-10-000352
CONFORMED SUBMISSION TYPE: SC 13G/A
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20100309
DATE AS OF CHANGE: 20100309
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: TERREMARK WORLDWIDE INC.
CENTRAL INDEX KEY: 0000912890
STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813]
IRS NUMBER: 521989122
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0331
FILING VALUES:
FORM TYPE: SC 13G/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-50879
FILM NUMBER: 10666220
BUSINESS ADDRESS:
STREET 1: ONE BISCAYNE TOWER
STREET 2: 2 SOUTH BISCAYNE BLVD., SUITE 2800
CITY: MIAMI
STATE: FL
ZIP: 33131
BUSINESS PHONE: 305-961-3200
MAIL ADDRESS:
STREET 1: ONE BISCAYNE TOWER
STREET 2: 2 SOUTH BISCAYNE BLVD., SUITE 2800
CITY: MIAMI
STATE: FL
ZIP: 33131
FORMER COMPANY:
FORMER CONFORMED NAME: TERREMARK WORLDWIDE INC
DATE OF NAME CHANGE: 20000503
FORMER COMPANY:
FORMER CONFORMED NAME: AMTEC INC
DATE OF NAME CHANGE: 19970715
FORMER COMPANY:
FORMER CONFORMED NAME: AVIC GROUP INTERNATIONAL INC/
DATE OF NAME CHANGE: 19950323
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: ASHFORD CAPITAL MANAGEMENT INC
CENTRAL INDEX KEY: 0000897070
IRS NUMBER: 510243208
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0930
FILING VALUES:
FORM TYPE: SC 13G/A
BUSINESS ADDRESS:
STREET 1: 1 WALKER'S MILL ROAD
STREET 2: P.O. BOX 4172
CITY: WILMINGTON
STATE: DE
ZIP: 19807
BUSINESS PHONE: 3026551750
MAIL ADDRESS:
STREET 1: 1 WALKER'S MILL ROAD
STREET 2: P.O. BOX 4172
CITY: WILMINGTON
STATE: DE
ZIP: 19807
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G/A
<SEQUENCE>1
<FILENAME>sc13ga-terremark_16758.txt
<DESCRIPTION>ASHFORD CAPITAL MANAGEMENT, INC.
<TEXT>
================================================================================
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 3)*
TERREMARK WORLDWIDE INC.
- --------------------------------------------------------------------------------
(NAME OF ISSUER)
COMMON STOCK, $0.001 PAR VALUE PER SHARE
- --------------------------------------------------------------------------------
(TITLE OF CLASS OF SECURITIES)
881448203
- --------------------------------------------------------------------------------
(CUSIP NUMBER)
FEBRUARY 28, 2010
- --------------------------------------------------------------------------------
(DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT)
CHECK THE APPROPRIATE BOX TO DESIGNATE THE RULE PURSUANT TO WHICH THIS SCHEDULE
IS FILED:
[X] 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 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).
================================================================================
<PAGE>
=================== =================
CUSIP NO. 881448203 SCHEDULE 13G PAGE 2 OF 5 PAGES
=================== =================
================================================================================
1 NAME OF REPORTING PERSON:
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY):
Ashford Capital Management, Inc.
- ----- --------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
- ----- --------------------------------------------------------------------------
3 SEC USE ONLY
- ----- --------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
3,201,000 shares
NUMBER OF ----- ------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0 shares
EACH ----- ------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 3,201,000 shares
----- ------------------------------------------------
8 SHARED DISPOSITIVE POWER
0 shares
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,201,000 shares
- ----- --------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_]
- ----- --------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
4.9%
- ----- --------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IA
================================================================================
<PAGE>
=================== =================
CUSIP NO. 881448203 SCHEDULE 13G PAGE 3 OF 5 PAGES
=================== =================
ITEM 1.
(a) Name of Issuer:
Terremark Worldwide Inc.
(b) Address of Issuer's Principal Executive Offices:
2601 South Bayshore Drive, Miami, Florida 33133
ITEM 2.
(a) Name of Person Filing:
Ashford Capital Management, Inc.
(b) Address of Principal Business Office or, if none, Residence:
P.O. Box 4172, Wilmington, DE 19807
(c) Citizenship: A Delaware Corporation
(d) Title of Class of Securities: Common Stock, $0.001 Par Value Per
Share
(e) CUSIP Number: 881448203
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
(b) |_| Bank as defined in section 3(a)(6) of the Act
(c) |_| Insurance company as defined in section 3(a)(19) of the Act
(d) |_| Investment company registered under section 8 of the Investment
Company Act of 1940
(e) |X| An investment adviser in accordance with
ss.240.13d-1(b)(1(ii)(E)
(f) |_| An employee benefit plan or endowment fund in accordance with
ss.240.13d-1(b)(1)(ii)(F)
(g) |_| A parent holding company or control person in accordance with
ss.240.13d-1(b)(1)(ii)(G)
(h) |_| A savings association as defined in section 3(b) of the Federal
Deposit Insurance Act
(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
(j) |_| Group, in accordance with ss.240.13d-1(b)-1(ii)(J)
ITEM 4. OWNERSHIP
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
(a) Amount Beneficially Owned: 3,201,000 shares
(b) Percent of Class: 4.9%
The foregoing percentage is calculated based on 65,006,788 shares
of Common Stock reported to be outstanding as of January 31, 2010
in the Issuer's Quarterly Report filed on Form 10-Q.
(c) Number of shares as to which such person has:
<PAGE>
=================== =================
CUSIP NO. 881448203 SCHEDULE 13G PAGE 4 OF 5 PAGES
=================== =================
(i) Sole power to vote or to direct the vote: 3,201,000 shares
(ii) Shared power to vote or to direct the vote: 0 shares
(iii) Sole power to dispose or to direct the disposition of:
3,201,000 shares
(iv) Shared power to dispose or to direct the disposition of:
0 shares
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following |X|.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
N/A
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
N/A
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
N/A
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
N/A
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.
<PAGE>
=================== =================
CUSIP NO. 881448203 SCHEDULE 13G PAGE 5 OF 5 PAGES
=================== =================
SIGNATURE
After reasonable inquiry and to the best of its knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: March 9, 2010
ASHFORD CAPITAL MANAGEMENT, INC.
By: /s/ Anthony Petrucci
--------------------------------
Anthony M. Petrucci
Chief Financial Officer and Chief Compliance Officer
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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