0001144204-11-016272.txt : 20110322
0001144204-11-016272.hdr.sgml : 20110322
20110322121224
ACCESSION NUMBER: 0001144204-11-016272
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110318
FILED AS OF DATE: 20110322
DATE AS OF CHANGE: 20110322
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: OBUS NELSON
CENTRAL INDEX KEY: 0001017043
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-25244
FILM NUMBER: 11703314
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: WYNNEFIELD CAPITAL INC
CENTRAL INDEX KEY: 0001251567
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-25244
FILM NUMBER: 11703316
BUSINESS ADDRESS:
STREET 1: 450 SEVENTH AVE
STREET 2: STE 509
CITY: NEW YORK
STATE: NY
ZIP: 10123
BUSINESS PHONE: 2129600814
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: LANDES JOSHUA
CENTRAL INDEX KEY: 0001251568
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-25244
FILM NUMBER: 11703321
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: TRANS WORLD CORP
CENTRAL INDEX KEY: 0000914577
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-AMUSEMENT & RECREATION SERVICES [7900]
IRS NUMBER: 133738518
STATE OF INCORPORATION: NV
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 545 FIFTH AVE
STREET 2: STE 940
CITY: NEW YORK
STATE: NY
ZIP: 10017
BUSINESS PHONE: 2129833355
MAIL ADDRESS:
STREET 1: 545 FIFTH AVE
STREET 2: STE 940
CITY: NEW YORK
STATE: NY
ZIP: 10017
FORMER COMPANY:
FORMER CONFORMED NAME: TRANS WORLD GAMING CORP
DATE OF NAME CHANGE: 19941027
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: WYNNEFIELD PARTNERS SMALL CAP VALUE LP
CENTRAL INDEX KEY: 0000899083
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-25244
FILM NUMBER: 11703320
BUSINESS ADDRESS:
STREET 1: 450 SEVENTH AVENUE
STREET 2: SUITE 509
CITY: NEW YORK
STATE: NY
ZIP: 10123
BUSINESS PHONE: 212-760-0814
MAIL ADDRESS:
STREET 1: 450 SEVENTH AVENUE
STREET 2: SUITE 509
CITY: NEW YORK
STATE: NY
ZIP: 10123
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: WYNNEFIELD SMALL CAP VALUE OFFSHORE FUND LTD
CENTRAL INDEX KEY: 0001030806
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-25244
FILM NUMBER: 11703318
BUSINESS ADDRESS:
STREET 1: 450 SEVENTH AVE
STREET 2: STE 509
CITY: NEW YORK
STATE: NY
ZIP: 10123
BUSINESS PHONE: 2127600814
MAIL ADDRESS:
STREET 1: 450 SEVENTH AVE
STREET 2: STE 509
CITY: NEW YORK
STATE: NY
ZIP: 10123
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: WYNNEFIELD CAPITAL MANAGEMENT LLC
CENTRAL INDEX KEY: 0001056835
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-25244
FILM NUMBER: 11703317
BUSINESS ADDRESS:
STREET 1: 450 SEVENTH AVE
STREET 2: STE 509
CITY: NEW YORK
STATE: NY
ZIP: 10123
BUSINESS PHONE: 2127600814
MAIL ADDRESS:
STREET 1: 450 SEVENTH AVE
STREET 2: STE 509
CITY: NEW YORK
STATE: NY
ZIP: 10123
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: WYNNEFIELD PARTNERS SMALL CAP VALUE LP I
CENTRAL INDEX KEY: 0001251565
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-25244
FILM NUMBER: 11703319
BUSINESS ADDRESS:
STREET 1: 450 SEVENTH AVENUE
STREET 2: SUITE 509
CITY: NEW YORK
STATE: NY
ZIP: 10123
BUSINESS PHONE: 212-760-0814
MAIL ADDRESS:
STREET 1: 450 SEVENTH AVENUE
STREET 2: SUITE 509
CITY: NEW YORK
STATE: NY
ZIP: 10123
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: CHANNEL PARTNERSHIP II L P
CENTRAL INDEX KEY: 0001273617
STATE OF INCORPORATION: NY
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-25244
FILM NUMBER: 11703315
BUSINESS ADDRESS:
STREET 1: 450 SEVENTH AVENUE SUITE 509
CITY: NEW YORK
STATE: NY
ZIP: 10123
BUSINESS PHONE: 2127600278
MAIL ADDRESS:
STREET 1: 450 SEVENTH AVENUE SUITE 509
CITY: NEW YORK
STATE: NY
ZIP: 10123
4
1
v215447_ex.xml
X0303
4
2011-03-18
0
0000914577
TRANS WORLD CORP
TWOC
0000899083
WYNNEFIELD PARTNERS SMALL CAP VALUE LP
450 SEVENTH AVENUE
SUITE 509
NEW YORK
NY
10123
0
0
1
0
0001251565
WYNNEFIELD PARTNERS SMALL CAP VALUE LP I
450 SEVENTH AVENUE
SUITE 509
NEW YORK
NY
10123
0
0
1
0
0001030806
WYNNEFIELD SMALL CAP VALUE OFFSHORE FUND LTD
450 SEVENTH AVE
STE 509
NEW YORK
NY
10123
0
0
1
0
0001056835
WYNNEFIELD CAPITAL MANAGEMENT LLC
450 SEVENTH AVE
STE 509
NEW YORK
NY
10123
0
0
1
0
0001251567
WYNNEFIELD CAPITAL INC
450 SEVENTH AVENUE
SUITE 509
NEW YORK
10123
0
0
1
0
0001273617
CHANNEL PARTNERSHIP II L P
450 SEVENTH AVENUE SUITE 509
NEW YORK
NY
10123
0
0
1
0
0001017043
OBUS NELSON
450 SEVENTH AVENUE
SUITE 509
NEW YORK
10123
0
0
1
0
0001251568
LANDES JOSHUA
450 SEVENTH AVENUE
SUITE 509
NEW YORK
10123
0
0
1
0
Common Stock, par value $.001 per share
2011-03-18
4
P
0
44572
2.8
A
1483748
D
Common Stock, par value $.001 per share
2011-03-18
4
P
0
42995
2.8
A
1483748
I
See Footnotes
Common Stock, par value $.001 per share
2011-03-18
4
S
0
87567
2.8
D
1483748
I
See Footnotes
On the date hereof, Wynnefield Partners Small Cap Value, L.P., (the "Reporting Person") directly beneficially owns 506,072
shares of common stock, par value $.001 per share ("Common Stock") of Trans World Corp. (TWOC). Wynnefield Capital
Management, LLC, as the sole general partner of the Reporting Person, has an indirect beneficial ownership interest in the
shares of Common Stock that the Reporting Person directly beneficially owns. Wynnefield Capital Management, LLC, which
maintains offices at the same address as the Reporting Person, is filing this Form jointly with the Reporting Person.
Nelson Obus and Joshua Landes, as co-managing members of Wynnefield Capital Management, LLC, have an indirect beneficial
ownership interest in the shares of Common Stock that the Reporting Person directly beneficially owns.
(continued from footnote 1) Mr. Obus and Mr. Landes, who maintain offices at the same address as the Reporting Person, are
filing this Form jointly with the Reporting Person (see remarks below).
On the date hereof, the Reporting Person has an indirect beneficial ownership interest in 693,495 shares of Common Stock,
which are directly beneficially owned by Wynnefield Partners Small Cap Value, L.P. I, as members of a group under Section
13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Wynnefield Partners Small Cap Value, L.P. I,
which maintains offices at the same address as the Reporting Person, is filing this Form jointly with the Reporting Person.
(continued from footnote 3) Wynnefield Capital Management, LLC, as the sole general partner of Wynnefield Partners Small Cap
Value, L.P. I, has an indirect beneficial ownership interest in the shares of Common Stock that Wynnefield Partners Small
Cap Value L.P. I directly beneficially owns. Mr. Obus and Mr. Landes, as co-managing members of Wynnefield Capital
Management, LLC, have an indirect beneficial ownership interest in the shares of Common Stock that Wynnefield Partners Small
Cap Value L.P. I directly beneficially owns.
On the date hereof, the Reporting Person has an indirect beneficial ownership interest in 276,681 shares of Common Stock,
which are directly beneficially owned by Wynnefield Small Cap Value Offshore Fund, Ltd., as members of a group under Section
13(d) of the Exchange Act. Wynnefield Small Cap Value Offshore Fund, Ltd., which maintains offices at the same address as
the Reporting Person, is filing this Form jointly with the Reporting Person. Wynnefield Capital, Inc. as the sole
investment manager of Wynnefield Small Cap Value Offshore Fund, Ltd., has an indirect beneficial ownership interest in the
shares of Common Stock that Wynnefield Small Cap Value Offshore Fund, Ltd. directly beneficially owns. Wynnefield Capital,
Inc., which maintains offices at the same address as the Reporting Person, is filing this Form jointly with the Reporting
Person.
(continued from footnote 5) Mr. Obus and Mr. Landes, as principal executive officers of Wynnefield Capital, Inc., have an
indirect beneficial ownership interest in the shares of Common Stock that Wynnefield Small Cap Value Offshore Fund, Ltd.
directly beneficially owns.
On the date hereof, the Reporting Person has an indirect beneficial ownership interest in 7,500 shares of Common Stock, which
are directly beneficially owned by Channel Partnership II, L.P., as members of a group under Section 13(d) of the Exchange.
Channel Partnership II, L.P., which maintains offices at the same address as the Reporting Person, is filing this Form
jointly with the Reporting Person. Mr. Obus, as the sole general partner of Channel Partnership II, L.P., has an indirect
beneficial ownership interest in the shares of Common Stock that Channel Partnership II, L.P. directly beneficially owns.
Mr. Obus and Mr. Landes disclaim beneficial ownership of the securities described in this statement, except to the extent of
their individual pecuniary interest in such securities. The filing of this statement shall not be deemed an admission that
Mr. Obus and Mr. Landes are, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any
securities specified in this statement.
The transactions reflected in this statement were for the purpose of rebalancing the portfolios of Wynnefield Partners Small
Cap Value, L.P., Wynnefield Partners Small Cap Value, L.P. I and Wynnefield Small Cap Value Offshore Fund, Ltd.
WYNNEFIELD PARTNERS SMALL CAP VALUE, L.P. By: Wynnefield Capital Management, LLC General Partner, /s/ Nelson Obus, Managing Member
2011-03-21
WYNNEFIELD PARTNERS SMALL CAP VALUE, L.P. I By: Wynnefield Capital Management, LLC General Partner, /s/ Nelson Obus, Managing Member
2011-03-21
WYNNEFIELD SMALL CAP VALUE OFFSHORE FUND, LTD. By: Wynnefield Capital, Inc., /s/ Nelson Obus, President
2011-03-21
WYNNEFIELD CAPITAL MANAGEMENT, LLC, /s/ Nelson Obus, Managing Member
2011-03-21
WYNNEFIELD CAPITAL, INC., /s/ Nelson Obus, President
2011-03-21
CHANNEL PARTNERSHIP II, L.P., /s/ Nelson Obus, General Partner
2011-03-21
/s/ Nelson Obus, Individually
2011-03-21
/s/ Joshua Landes, Individually
2011-03-21