-----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, OObZEJY4O9wHJCcHb0j4coTo1G+kCkxCC9Ga09CBVXSSutuTOONo3o60TqP96aWF TKkQS4yc65pkIPkgusyTjQ== 0000935836-99-000316.txt : 19991117 0000935836-99-000316.hdr.sgml : 19991117 ACCESSION NUMBER: 0000935836-99-000316 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19991115 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SHOWPOWER INC CENTRAL INDEX KEY: 0000828360 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EQUIPMENT RENTAL & LEASING, NEC [7359] IRS NUMBER: 954678707 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: SEC FILE NUMBER: 005-57147 FILM NUMBER: 99751310 BUSINESS ADDRESS: STREET 1: 18128 SOUTH SANTA FE AVE CITY: RANCHO DOMINGUEZ STATE: CA ZIP: 90221 BUSINESS PHONE: 3106049676 MAIL ADDRESS: STREET 1: 18128 SOUTH SANTA FE AVE CITY: RANCHO DOMINGUEZ STATE: CA ZIP: 90221 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BROOKHAVEN CAPITAL MANAGEMENT CO LTD CENTRAL INDEX KEY: 0000932704 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 3000 SANDHILL RD STREET 2: BLDG 3 SUITE 105 CITY: MENLO PARK STATE: CA ZIP: 94025 BUSINESS PHONE: 4158545544 MAIL ADDRESS: STREET 1: 3000 SANDHILL ROAD SUITE 105 STREET 2: BLDG 3 CITY: MELO PARK STATE: CA ZIP: 94025 SC 13D 1 OMB APPROVAL OMB Number:3235-0145 Expires: August 31, 1999 Estimated average burden hours per form 14.90 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. *) Showpower, Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 82539610 (CUSIP Number) Carolyn S. Reiser, Esq. Shartsis Friese & Ginsburg LLP One Maritime Plaza, 18th Floor San Francisco, CA 94111 (415) 421-6500 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) May 30, 1999 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box / /. Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for other parties to whom copies are to be sent. * 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 disclosures provided in a prior cover page. The information required on 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). Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1746 (10-97) CUSIP No. 82539610 Page 2 of 10 Pages - -------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON IRS IDENTIFICATION NO. OF ABOVE PERSON Vincent Andrew Carrino - -------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/ (b) / / - -------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF, PF - -------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / / - -------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America - -------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES 61,132 BENEFICIALLY ------------------------------------------------- OWNED BY 8 SHARED VOTING POWER EACH 332,790 REPORTING ------------------------------------------------- PERSON 9 SOLE DISPOSITIVE POWER WITH 61,132 ------------------------------------------------- 10 SHARED DISPOSITIVE POWER 332,790 - -------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 394,442 - -------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - -------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 11.5% - -------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN CUSIP No. 82539610 Page 3 of 10 Pages - -------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON IRS IDENTIFICATION NO. OF ABOVE PERSON Brookhaven Capital Management, LLC - -------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/ (b) / / - -------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF - -------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / / - -------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION California - -------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES 0 BENEFICIALLY ------------------------------------------------- OWNED BY 8 SHARED VOTING POWER EACH 332,790 REPORTING ------------------------------------------------- PERSON 9 SOLE DISPOSITIVE POWER WITH 0 ------------------------------------------------- 10 SHARED DISPOSITIVE POWER 332,790 - -------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 332,790 - -------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - -------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.7% - -------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* OO, IA CUSIP No. 82539610 Page 4 of 10 Pages - -------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON IRS IDENTIFICATION NO. OF ABOVE PERSON Watershed Partners, L.P. - -------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/ (b) / / - -------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC - -------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / / - -------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES 0 BENEFICIALLY ------------------------------------------------- OWNED BY 8 SHARED VOTING POWER EACH 262,080 REPORTING ------------------------------------------------- PERSON 9 SOLE DISPOSITIVE POWER WITH 0 ------------------------------------------------- 10 SHARED DISPOSITIVE POWER 262,080 - -------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 262,080 - -------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - -------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.7% - -------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* PN CUSIP No. 82539610 Page 5 of 10 Pages ITEM 1. SECURITY AND ISSUER. This statement relates to shares of Common Stock (the "Stock") of Showpower, Inc. (the "Issuer"). The principal executive office of the Issuer is located at 18420 S. Santa Fe Avenue, Rancho Dominguez, CA 90221. ITEM 2. IDENTITY AND BACKGROUND. The persons filing this statement and the persons enumerated in Instruction C of Schedule 13D and, where applicable, their respective places of organization, general partners, directors, executive officers and controlling persons, and the information regarding them, are as follows: (a) Brookhaven Capital Management Co., LLC ("LLC"), Watershed Partners, L.P. ("Watershed") and Vincent Andrew Carrino ("Carrino") (collectively, the "Filers"). (b) The business address of LLC, Watershed and Carrino is 3000 Sandhill Road, Building 3, Suite 105, Menlo Park, CA 94025. (c) Carrino is the manager and principal member of LLC. LLC is the general partner of Watershed. (d) During the last five years, none of the Filers has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). (e) During the last five years, none of the Filers was a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. (f) Carrino is a citizen of the United States of America. Watershed is a Delaware limited partnership. LLC is a California limited liability company. CUSIP No. 82539610 Page 6 of 10 Pages ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. The source and amount of funds used in purchasing the Stock were as follows: Purchaser Source of Funds Amount LLC Funds under Management $1,486,311* Watershed Working Capital $1,137,204 Carrino Personal Funds $ 182,487 Carrino Other $ 46,600 * Includes Stock held by Watershed ITEM 4. PURPOSE OF TRANSACTION. Carrino is a member of the Issuer's Board of Directors. The sole purpose of the purchase of the Stock reported herein was and is for investment. Other than as described below, none of the Filers has any present plans or proposals that relate to, or would result in, any transaction or event described in Item 4 of Schedule 13D. The Filers may decide to purchase additional shares of the Stock at any time and may dispose of shares of the Stock at any time in any lawful manner. None of the Filers has any present plans or intentions to acquire or dispose of any Stock other than for the purpose of investment. CUSIP No. 82539610 Page 7 of 10 Pages ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. The beneficial ownership of the Stock by each Filer at the date hereof is reflected on that Filer's cover page. The Filers have effected the following open market transactions in the Stock since March 30, 1999: Purchase Number Price Name or Sale Date of Shares per Share Watershed P 5/17/99 2,500 $4.250 Watershed P 5/20/99 2,100 4.000 LLC P 5/24/99 1,100 4.500 Watershed P 5/27/99 3,500 4.125 LLC P 5/28/99 6,200 4.250 Watershed P 6/1/99 2,600 4.250 Watershed P 6/3/99 2,400 4.000 Watershed P 6/7/99 10,700 4.125 Watershed P 6/8/99 8,000 4.000 Watershed P 6/10/99 3,200 4.250 Watershed P 6/11/99 10,800 4.000 Watershed P 6/14/99 5,000 4.000 LLC P 6/15/99 1,200 4.000 Watershed P 6/16/99 4,500 4.000 Watershed P 6/23/99 1,000 3.875 LLC P 7/1/99 2,200 4.000 LLC P 7/2/99 10,700 4.000 Watershed P 7/6/99 9,200 4.351 LLC P 7/7/99 500 4.250 LLC P 7/9/99 11,600 4.851 Watershed P 7/9/99 5,000 5.350 Watershed P 7/9/99 2,000 4.750 LLC P 7/13/99 4,600 6.000 LLC P 7/19/99 6,000 5.693 Watershed P 8/16/99 800 4.750 Watershed P 8/16/99 1,000 5.000 Watershed P 8/17/99 3,000 5.000 Watershed P 8/18/99 1,300 5.000 Watershed P 8/19/99 6,000 5.000 Watershed P 8/26/99 500 4.938 Watershed P 8/26/99 5,000 5.000 LLC P 8/27/99 12,700 5.118 Watershed P 8/27/99 2,000 5.375 LLC P 8/30/99 3,500 5.500 Watershed P 9/7/99 14,000 5.496 LLC P 9/8/99 11,000 5.500 Watershed P 9/8/99 7,000 5.500 Watershed P 9/10/99 7,500 5.423 Watershed P 9/10/99 9,500 5.243 Watershed P 9/13/99 4,000 5.250 LLC P 9/16/99 6,000 5.781 LLC P 9/16/99 5,000 5.669 LLC P 9/17/99 3,000 5.604 LLC P 9/17/99 5,000 5.490 CUSIP No. 82539610 Page 8 of 10 Pages ITEM 5. INTEREST IN SECURITIES OF THE ISSUER (continued). LLC P 9/23/99 7,500 4.992 LLC S 10/1/99 19,000 4.938 Watershed P 10/1/99 19,000 4.938 LLC S 10/4/99 5,000 4.875 LLC P 10/4/99 5,000 4.875 Watershed P 10/5/99 5,000 5.000 ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. LLC, a registered investment adviser, is a general partner of limited partnerships, including Watershed, pursuant to limited partnership agreements providing to LLC the authority, among other things, to invest the funds of the partnerships in Stock, to vote and dispose of Stock and to file this statement on behalf of the partnerships. Pursuant to such limited partnership agreements, LLC is entitled to allocations based on assets under management and realized and unrealized gains. Pursuant to investment management agreements, LLC is authorized, among other things, to invest funds of its various investment advisory clients, and to vote and dispose of those securities. Such investment management agreements may be terminated by either party on notice as provided in such agreements and provide for fees payable to LLC based on assets under management and realized and unrealized gains. No single client of LLC, other than Watershed, holds more than 5% of the outstanding Stock. Carrino is authorized by various individuals and entities to invest funds of those individuals and entities and to vote and dispose of securities acquired with such funds, including the Stock. Carrino does not receive any fees for such activities. None of such individuals and entities owns more than 5% of the outstanding Stock. Each of the Filers disclaims beneficial ownership of the Stock for purposes of Rule 16a-1(a)(2) under the Securities Exchange Act of 1934, except to the extent of its pecuniary interest in the Stock. CUSIP No. 82539610 Page 9 of 10 Pages ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. A. Agreement Regarding Joint Filing of Statement on Schedule 13D or 13G. SIGNATURES After reasonable inquiry and to the best of my knowledge, I certify that the information set forth in this statement is true, complete and correct. DATED: November 12, 1999 BROOKHAVEN CAPITAL MANAGEMENT, LLC /s/ Vincent Andrew Carrino Vincent Andrew Carrino By: /s/ Vincent Andrew Carrino Vincent Andrew Carrino Manager WATERSHED PARTNERS, L.P. By: BROOKHAVEN CAPITAL MANAGEMENT, LLC General Partner By: /s/ Vincent Andrew Carrino Vincent Andrew Carrino Manager SCHEDULE 13G CUSIP No. 82539610 EXHIBIT A AGREEMENT REGARDING JOINT FILING OF STATEMENT ON SCHEDULE 13D OR 13G The undersigned agree to file jointly with the Securities and Exchange Commission (the "SEC") any and all statements on Schedule 13D or Schedule 13G (and any amendments or supplements thereto) required under section 13(d) of the Securities Exchange Act of 1934, as amended, in connection with purchases by the undersigned of securities of Showpower, Inc. For that purpose, the undersigned hereby constitute and appoint Brookhaven Capital Management, LLC, a California limited liability company, as their true and lawful agent and attorney-in-fact, with full power and authority for and on behalf of the undersigned to prepare or cause to be prepared, sign, file with the SEC and furnish to any other person all certificates, instruments, agreements and documents necessary to comply with section 13(d) and section 16(a) of the Securities Exchange Act of 1934, as amended, in connection with said purchases, and to do and perform every act necessary and proper to be done incident to the exercise of the foregoing power, as fully as the undersigned might or could do if personally present. DATED: November 12, 1999. BROOKHAVEN CAPITAL MANAGEMENT, LLC /s/ Vincent A. Carrino /s/ Vincent A. Carrino By: _______________________ _____________________________ Vincent A. Carrino Vincent A. Carrino Manager WATERSHED PARTNERS, L.P. By: BROOKHAVEN CAPITAL MANAGEMENT, LLC General Partner By: /s/ Vincent Andrew Carrino Vincent Andrew Carrino Manager Page 10 of 10 CSR\4193\016\1069873.01 -----END PRIVACY-ENHANCED MESSAGE-----