0001144204-05-002456.txt : 20120705
0001144204-05-002456.hdr.sgml : 20120704
20050127110328
ACCESSION NUMBER: 0001144204-05-002456
CONFORMED SUBMISSION TYPE: SC 13D/A
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20050127
DATE AS OF CHANGE: 20050127
GROUP MEMBERS: GREG BAILEY
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: ORION ACQUISITION CORP II
CENTRAL INDEX KEY: 0001011835
STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770]
IRS NUMBER: 133863260
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-53711
FILM NUMBER: 05552334
BUSINESS ADDRESS:
STREET 1: 401 WILSHIRE BOULEVARD
STREET 2: SUITE 1020
CITY: SANTA MONICA
STATE: CA
ZIP: 90401
BUSINESS PHONE: 310-526-5000
MAIL ADDRESS:
STREET 1: 401 WILSHIRE BOULEVARD
STREET 2: SUITE 1020
CITY: SANTA MONICA
STATE: CA
ZIP: 90401
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: TOPIX INC
CENTRAL INDEX KEY: 0001269690
IRS NUMBER: 200178991
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D/A
BUSINESS ADDRESS:
STREET 1: 401 WILSHIRE BLVD
STREET 2: STE 1020
CITY: XX
STATE: CA
ZIP: 90401
BUSINESS PHONE: 8132268844
MAIL ADDRESS:
STREET 1: 401 WILSHIRE BLVD
STREET 2: STE 1020
CITY: XX
STATE: CA
ZIP: 90401
SC 13D/A
1
v011785_sc-13d.txt
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13D
(RULE 13D-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13D-1(A) AND
AMENDMENTS THERETO FILED PURSUANT TO RULE 13D-2(A)
(AMENDMENT NO. 2)*
Orion Acquisition Corp. II
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(Name of Issuer)
Common Stock, $.01 par value
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(Title of Class of Securities)
686924 102
------------------------------------------
(CUSIP Number)
with a copy to:
Andrew D. Hudders, Esq.
Graubard Miller
600 Third Avenue - 32nd Floor
New York, New York 10016
(212) 816-8614
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(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications)
December 17, 2004
------------------------------------------------------
(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(b)(3) or (4), check the following box |_|.
NOTE: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) 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).
SCHEDULE 13D
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CUSIP NO. 53630P 10 1 PAGE 2 OF 7 PAGES
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--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Greg Bailey I.D. No.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
PF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e)|_|
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Canadian
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7 SOLE VOTING POWER
NUMBER OF
SHARES 636,516
BENEFICIALLY --------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING - 0 -
PERSON --------------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
636,516
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- 0 -
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
636,516
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*|_|
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.37%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
SCHEDULE 13D
--------------------------------------------------------------------------------
CUSIP NO. 53630P 10 1 PAGE 3 OF 7 PAGES
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Topix Inc. I.D. No.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(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
Nevada
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 207,500
BENEFICIALLY --------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING - 0 -
PERSON --------------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
207,500
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- 0 -
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
207,500
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*|_|
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.15%
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14 TYPE OF REPORTING PERSON*
CO
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SCHEDULE 13D
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CUSIP NO. 53630P 10 1 PAGE 4 OF 7 PAGES
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ITEM 1. NAME OF ISSUER:
This amended Schedule 13D (the "Schedule") relates to the common
stock, $.01 par value, ("Common Stock") of Orion Acquisition Corp., II, a
Delaware corporation (the "Issuer"). The principal executive offices of the
Issuer are located at 501 Second Street, 211, San Francisco, California 94107.
ITEM 2. IDENTITY AND BACKGROUND.
This Schedule is filed by Topix Inc. ("Topix") and Greg Bailey
("Bailey"). This Schedule is being filed by Topix to indicate it owns less than
5% of the equity securities of the Issuer. This Schedule is adding Bailey to
reflect his beneficial ownership of more than 5% of the equity securities of the
Issuer. The address of the principal office from which Topix and Bailey conduct
their principal businesses is 401 Wilshire Blvd., Suite 1020, Santa Monica,
California 90401. The principal business activity of Topix is evaluating and
making long-term and strategic investments. Topix is incorporated under the laws
of the State of Nevada. Bailey is engaged in the business of investment banking.
Bailey is an individual of Canadian citizenship. Bailey is the principal
shareholder and officer of Topix.
During the last five years, neither Topix nor Bailey have been: (a)
convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors); or (b) 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.
ITEM 3. SOURCE AND AMOUNT OF FUNDS AND OTHER CONSIDERATION.
On December 17, 2004, Bailey acquired beneficial ownership of 429,016
shares of Common Stock as compensation for services as a placement agent to the
Issuer which was immediately transferred to 703149 Ontario Inc. 703149 Ontario
Inc. is incorporated under the laws of the Province of Ontario in Canada. Bailey
is the principal shareholder and officer of 703149 Ontario Inc., which conducts
business at 15 Barberry Place, Suite 809, Toronto, Ontario M2K 1G9. The
compensation was issued as 214,508 shares of restricted stock and 214,508 shares
subject to a warrant, exercisable immediately for five years at $1.55 per share.
ITEM 4. PURPOSE OF TRANSACTION.
The purpose of the acquisition of the shares reported upon was as an
investment.
From time to time, Topix and/or Bailey, directly or indirectly, may
acquire additional shares of Common Stock and may dispose of any shares of
Common Stock over which it has the right of disposition. As a stockholder of the
Issuer, Topix, and/or Bailey may vote its securities or give to another the
right to vote its securities, to (i) effect merger, reorganization or
liquidation transactions involving the Issuer, (ii) effect a sale or transfer of
a substantial portion or all of the assets of the Issuer, (iii) change the
composition and number of the present board of directors or management of the
Issuer, (iv) effect a material change in the capitalization or dividend policy
of the Issuer, (v) effect a change in the business or the business structure of
the Issuer, (vi) change one or more provisions of the constituent documents
governing the Issuer, (vii) cause the securities, if listed, to be de-listed or
deregistered under the federal securities laws, or (viii) otherwise act to
influence any of the foregoing by means of its current or future ownership
position or by agreement or otherwise.
SCHEDULE 13D
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CUSIP NO. 53630P 10 1 PAGE 5 OF 7 PAGES
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ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
Bailey has beneficial ownership of the shares and warrants in his own
name and those of Topix as the principal shareholder and officer and 703149
Ontario Inc. as the principal shareholder and officer. Therefore, Bailey
beneficially owns 636,516 shares of common stock, representing 6.37% of the
issued and outstanding common stock of the Issuer. Of this amount, 703149
Ontario Inc. beneficially owns 429,016 shares, representing 214,508 shares of
restricted stock and 214,508 shares subject to a five-year purchase option and
Topix beneficially owns 150,000 shares of common stock and a further 57,500
shares of common stock which are the subject of one-year public warrants.
Except as described herein, Topix and Bailey have not effected any
transactions in the Common Stock of the Issuer during the past 60 days.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS
WITH RESPECT TO SECURITIES OF THE ISSUER.
Topix and Bailey have no agreements, arrangements, understandings or
relationships that relate to the shares reported upon or with the Issuer.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
1. Joint Filing Agreement between Topix and Bailey.
SCHEDULE 13D
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CUSIP NO. 53630P 10 1 PAGE 6 OF 7 PAGES
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SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief,
we certify that the information set forth in this statement is true, complete
and correct.
Dated: January 27, 2005
TOPIX INC.
/s/ Greg Bailey
-----------------------------
By: Authorized Signatory
/s/ Greg Bailey
-----------------------------
Greg Bailey
SCHEDULE 13D
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CUSIP NO. 53630P 10 1 PAGE 7 OF 7 PAGES
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JOINT FILING AGREEMENT
Agreement, dated as of December 17, 2004, between Topix Inc. and Greg
Bailey (collectively, the "Parties").
Each of the Parties hereto represents to the other Parties that it is
eligible to use Schedule 13D to report its beneficial interest in shares of
common stock, $0.01 par value per share, of Orion Acquisition Corp. II
beneficially owned and reported upon in the Schedule 13D of which this agreement
is an exhibit ("Schedule 13D") by each of the above-named Parties, and each of
the above Parties will file the Schedule 13D on behalf of itself.
Each of the Parties agrees to be responsible for the timely filing of
the Schedule 13D and any and all amendments thereto and for the completeness and
accuracy of the information concerning itself contained in the Schedule 13D, and
the other Parties to the extent it knows or has reason to believe that any
information about the other Parties is inaccurate.
TOPIX INC.
By: /s/ Greg Bailey
---------------------------
Greg Bailey
Authorized Signatory
/s/ Greg Bailey
---------------------------
GREG BAILEY