SC 13G 1 doc1.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G (Rule 13d-101) UNDER THE SECURITIES EXCHANGE ACT OF 1934 THE MORGAN GROUP, INC. (Name of Issuer) CLASS A COMMON STOCK, NO PAR VALUE (Title of Class of Securities) 617358 10 6 (CUSIP Number) DECEMBER 12, 2001 (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) [X] Rule 13d-1(c) [ ] Rule 13d-1(d) SCHEDULE 13G CUSIP NO. 617358 10 6 PAGE 2 OF 11 PAGES - -- 1. NAME OF REPORTING PERSON Robotti & Company, Incorporated I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) 11-2627501 -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [X] -------------------------------------------------------------------------------- 3. SEC USE ONLY -------------------------------------------------------------------------------- CITIZENSHIP OR PLACE OF ORGANIZATION 4. New York -------------------------------------------------------------------------------- 5. SOLE VOTING POWER - 0 - NUMBER OF ------------------------------------------------------------------ SHARES 6. SHARED VOTING POWER BENEFICIALLY 101,000 OWNED BY ------------------------------------------------------------------ EACH 7. SOLE DISPOSITIVE POWER REPORTING - 0 - PERSON WITH ------------------------------------------------------------------ 8. SHARED DISPOSITIVE POWER 101,000 -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORT PERSON 101,000 -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 7.8% -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON* CO, BD, IA -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT -------------------------------------------------------------------------------- SCHEDULE 13G CUSIP NO. 617358 10 6 PAGE 3 OF 11 PAGES - -- 1. NAME OF REPORTING PERSON The Ravenswood Investment Company, L.P. I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) 11-2474002 -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [X] -------------------------------------------------------------------------------- 3. SEC USE ONLY -------------------------------------------------------------------------------- CITIZENSHIP OR PLACE OF ORGANIZATION 4. New York -------------------------------------------------------------------------------- 5. SOLE VOTING POWER - 0 - NUMBER OF ------------------------------------------------------------------ SHARES 6. SHARED VOTING POWER BENEFICIALLY 75,975 OWNED BY ------------------------------------------------------------------ EACH 7. SOLE DISPOSITIVE POWER REPORTING - 0 - PERSON WITH ------------------------------------------------------------------ 8. SHARED DISPOSITIVE POWER 75,975 -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORT PERSON 75,975 -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.0% -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON* PN -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT -------------------------------------------------------------------------------- SCHEDULE 13G CUSIP NO. 617358 10 6 PAGE 4 OF 11 PAGES - -- 1. NAME OF REPORTING PERSON Kenneth R. Wasiak I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [X] -------------------------------------------------------------------------------- 3. SEC USE ONLY -------------------------------------------------------------------------------- CITIZENSHIP OR PLACE OF ORGANIZATION 4. United States -------------------------------------------------------------------------------- 5. SOLE VOTING POWER - 0 - NUMBER OF ------------------------------------------------------------------ SHARES 6. SHARED VOTING POWER BENEFICIALLY 75,975 OWNED BY ------------------------------------------------------------------ EACH 7. SOLE DISPOSITIVE POWER REPORTING - 0 - PERSON WITH ------------------------------------------------------------------ 8. SHARED DISPOSITIVE POWER 75,975 -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORT PERSON 75,975 -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.0% -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON* IN -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT -------------------------------------------------------------------------------- SCHEDULE 13G CUSIP NO. 617358 10 6 PAGE 5 OF 11 PAGES - -- 1. NAME OF REPORTING PERSON Robert E. Robotti I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [X] -------------------------------------------------------------------------------- 3. SEC USE ONLY -------------------------------------------------------------------------------- CITIZENSHIP OR PLACE OF ORGANIZATION 4. United States -------------------------------------------------------------------------------- 5. SOLE VOTING POWER - 0 - NUMBER OF ------------------------------------------------------------------ SHARES 6. SHARED VOTING POWER BENEFICIALLY 176,975 OWNED BY ------------------------------------------------------------------ EACH 7. SOLE DISPOSITIVE POWER REPORTING - 0 - PERSON WITH ------------------------------------------------------------------ 8. SHARED DISPOSITIVE POWER 176,975 -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORT PERSON 176,975 -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 13.5% -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON* IN -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT -------------------------------------------------------------------------------- SCHEDULE 13G ITEM 1(A). NAME OF ISSUER. The Morgan Group, Inc. ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 2746 Old U.S. 20 West Elkhart, Indiana 46515-1168 ITEM 2(A). NAME OF PERSONS FILING: This statement is filed by: (i) Robotti & Company, Incorporated, a New York corporation ("Robotti & Company"); (ii) The Ravenswood Investment Company, L.P., a New York limited partnership ("Ravenswood"); (iii) Kenneth R. Wasiak, a United States citizen ("Wasiak"); and (iv) Robert E. Robotti, a United States citizen ("Robotti") ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: c/o Robotti & Company, Incorporated 52 Vanderbilt Avenue Suite 503 New York, New York 10017 ITEM 2(C). CITIZENSHIP: See Item 2(a) ITEM 2(D). TITLE OF CLASS OF SECURITIES: Class A Common Stock, No Par Value ITEM 2(E). CUSIP NUMBER: 617358 10 6 Page 6 of 11 Pages SCHEDULE 13G ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B), OR 13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A: (a) [X] Broker or dealer registered under Section 15 of the Exchange Act. (b) [ ] Bank as defined in Section 3 (a)(6) of the Exchange Act. (c) [ ] Insurance company as defined in Section 3(a)(19) of the Exchange Act. (d) [ ] Investment company registered under Section 8 of the Investment Company Act. (e) [X] An investment adviser in accordance with Rule 13d-1 (b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Rule 13d-1 (b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Rule 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; (j) [ ] Group, in accordance with Rule 13d-1 (b) (1)(ii)(J) ITEM 4. OWNERSHIP: (i) Robotti & Company: (a) Amount beneficially owned: 101,000 shares (1) (b) Percent of class: 7.8% (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: 0 shares (ii) Shared power to vote or to direct the vote: 101,000 shares (iii) Sole power to dispose or to direct the disposition of: 0 shares (iv) Shared power to dispose or to direct the disposition of: 101,000 shares (1) The 101,000 shares beneficially owned by Robotti & Company includes 50,500 shares underlying currently exercisable warrants. Robotti & Company is a broker-dealer registered under Section 15 of the Securities Exchange Act of 1934 ("Exchange Act") and an investment advisor. Under Rule 13d-3 under the Exchange Act, by virtue of the investment discretion Robotti & Company has over the accounts of its brokerage customers and advisory clients, Robotti & Company is deemed to be a beneficial owner of 101,000 shares. Robotti & Company disclaims beneficial ownership of such shares. Page 7 of 11 Pages SCHEDULE 13G (ii) Ravenswood: (a) Amount beneficially owned: 75,975 shares (1) (b) Percent of class: 6.0% (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: 0 shares (ii) Shared power to vote or to direct the vote: 75,975 shares (iii) Sole power to dispose or to direct the disposition of: 0 shares (iv) Shared power to dispose or to direct the disposition of: 75,975 shares (1) The 75,975 shares beneficially owned by Ravenswood includes 13,275 shares underlying currently exercisable warrants. (iii) Kenneth R. Wasiak: (a) Amount beneficially owned: 75,975 shares (1) (b) Percent of class: 6.0% (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: 0 shares (ii) Shared power to vote or to direct the vote: 75,975 shares (iii) Sole power to dispose or to direct the disposition of: 0 shares (iv) Shared power to dispose or to direct the disposition of: 75,975 shares (1) The 75,975 shares beneficially owned by Mr. Wasiak includes 13,275 shares underlying currently exercisable warrants. Under Rule 13d-3 under the Exchange Act, Mr. Wasiak, as a General Partner of Ravenswood, is deemed to be a beneficial owner of 75,975 shares beneficially owned by Ravenswood. Mr. Wasiak disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. (iv) Robert E. Robotti: (a) Amount beneficially owned: 176,975 shares (1) (b) Percent of class: 13.5% (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: 0 shares (ii) Shared power to vote or to direct the vote: 176,975 shares (iii) Sole power to dispose or to direct the disposition of: 0 shares (iv) Shared power to dispose or to direct the disposition of: 176,975 shares (1) The 176,975 shares beneficially owned by Mr. Robotti includes 63,775 shares underlying currently exercisable warrants. Under Rule 13d-3 under the Exchange Act, Mr. Robotti, through his ownership of Robotti & Company and as a General Partner of Ravenswood, is deemed to beneficially own 176,975 shares by virtue of the investment discretion Robotti & Company has over the accounts of Page 8 of 11 Pages SCHEDULE 13G its brokerage customers and advisory clients and the shares beneficially owned by Ravenswood. Mr. Robotti disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. 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 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 9 of 11 Pages SIGNATURE 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. Dated: March 8, 2002 Robotti & Company, Incorporated By: /s/ Robert E. Robotti ---------------------------------- Name: Robert E. Robotti Title: President and Treasurer The Ravenswood Investment Company, L.P. By: /s/ Robert E. Robotti ---------------------------------- Name: Robert E. Robotti Title: General Partner /s/ Kenneth R. Wasiak ---------------------------------- Kenneth R. Wasiak /s/ Robert E. Robotti ---------------------------------- Robert E. Robotti Page 10 of 11 Pages Exhibit I JOINT FILING AGREEMENT The undersigned parties hereby agree that the Schedule 13G filed herewith relating to the Class A Common Stock of The Morgan Group, Inc. is being filed jointly with the Securities and Exchange Commission pursuant to Rule 13d-1 (k) on behalf of each such person. Date: March 8, 2002 Robotti & Company, Incorporated By: /s/ Robert E. Robotti ---------------------------------- Name: Robert E. Robotti Title: President and Treasurer The Ravenswood Investment Company, L.P. By: /s/ Robert E. Robotti ---------------------------------- Name: Robert E. Robotti Title: General Partner /s/ Kenneth R. Wasiak ---------------------------------- Kenneth R. Wasiak /s/ Robert E. Robotti ---------------------------------- Robert E. Robotti Page 11 of 11 Pages