-----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, HqSb70w6T9ZEW+grHQ9I3WExergODIQEO80UPqaeCwb9G1W2L39cR5VjA8snkMsm ClN5RDBJ+6D+ssr6M2w8Og== 0001034694-05-000072.txt : 20050816 0001034694-05-000072.hdr.sgml : 20050816 20050815174553 ACCESSION NUMBER: 0001034694-05-000072 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050816 DATE AS OF CHANGE: 20050815 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PENNINGTON JOHN K CENTRAL INDEX KEY: 0001214999 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 370-4 ROBERT SPECK PARKWAY STREET 2: MISSISSAUGA, ONTARIO CITY: CANADA STATE: A6 ZIP: L4ZI5I BUSINESS PHONE: 9052818581 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: EAUTOCLAIMS, INC CENTRAL INDEX KEY: 0001034694 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 954583945 STATE OF INCORPORATION: NV FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-55733 FILM NUMBER: 051028441 BUSINESS ADDRESS: STREET 1: 110 EAST DOUGLAS RD CITY: OLDSMAR STATE: FL ZIP: 34677 BUSINESS PHONE: 8137491020 MAIL ADDRESS: STREET 1: 110 EAST DOUGLAS RD CITY: OLDSMAR STATE: FL ZIP: 34677 FORMER COMPANY: FORMER CONFORMED NAME: EAUTOCLAIMS COM INC DATE OF NAME CHANGE: 20000706 FORMER COMPANY: FORMER CONFORMED NAME: TRANSFORMATION PROCESSING INC DATE OF NAME CHANGE: 19980306 SC 13D 1 sch13d-pennington_0805.txt SCH 13D - PENNINGTON - 08/05 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT No. 3 to SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No.)* eAUTOCLAIMS, INC. --------------------- (Name of Issuer) COMMON STOCK, $.001 PAR VALUE ----------------------------- (Title of Class of Securities) 278578 ------ (CUSIP Number) John K. Pennington c/o Advantage Fund G.P. Limited Executive Offices, 380 Sherin Drive, Oakville, Ontario, Canada L6L 4J3 ----------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) -------------------- July 31, 2005 (Date of Events which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of ss.ss.240.13d-l(e), 240.13d-l(f) or 240.13d-1(g), check the following box. [X] Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 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). Persons who 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 (3-00) CCH S00128 0331 CUSIP No. 278578 13D Page 2 of 7 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) CANADIAN ADVANTAGE LIMITED PARTNERSHIP - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ] (b)[X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* 00 - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION CANADA - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 3,221,454.00 SHARES _____________________________________________________________ 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 0.00 ----------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 3,221,454.00 PERSON _____________________________________________________ 10 SHARED DISPOSITIVE POWER WITH 0.00 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,508,128.00 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.55% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* 00 - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 278578 13D Page 3 of 7 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) ADVANTAGE (BERMUDA) FUND, LTD. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ] (b)[X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* NONE - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZEN OR PLACE OF ORGANIZATION BERMUDA - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 1,191,497.00 SHARES _____________________________________________________ 8 SHARE VOTING POWER BENEFICIALLY 0.00 OWNED BY ----------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 1,191,497.00 PERSON _____________________________________________________________ 10 SHARED DISPOSITIVE POWER WITH 0.00 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,508,128.00 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.55% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* 00 - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT CUSIP No. 278578 13D Page 4 of 7 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) JOHN K. PENNINGTON - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ] (b)[X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* NONE - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION ONTARIO, CANADA - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 95,177.00 SHARES _____________________________________________________________ 8 SHARED VOTING POWER BENEFICIALLY 0.00 OWNED BY -------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 95,177.00 PERSON _____________________________________________________________ 10 SHARED DISPOSITIVE POWER WITH 0.00 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,508,128.00 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.55% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 278578 13D Page 5 of 7 Pages - -------------------------------------------------------------------------------- Item 1 SECURITY AND ISSUER: The class of equity securities to which this statement on Schedule 13D relates is the Common Stock, par value $.001 per share, of eAutoclaims, Inc., a Nevada corporation ("eAuto"), with its principal executive offices located at 110 East Douglas Road, Oldsmar, Florida 34677. Item 2 IDENTITY AND BACKGROUND: The persons filing this statement are: Canadian Advantage Limited Partnership ("CALP"), is an Ontario (Canada) limited partnership whose principal executive offices are c/o Advantage Fund G.P. Limited, Executive Offices, 380 Sherin Drive, Oakville, Ontario L6L 4J3, Canada. Advantage Fund G.P. Limited is now the general partner of CALP. Advantage (Bermuda) Fund, Ltd.("ABFL") is a Bermuda company, whose principal offices are Washington Mall, 3rd Floor, 22 Church Street, Hamilton HMII, Bermuda. Advantage Fund G.P. Limited is the agent of ABFL. John Pennington ("Pennington"), is an individual whose principal offices are c/o Advantage Fund G.P. Limited, Offices, 380 Sherin Drive, Oakville, Ontario L6L 4J3. Mr. Pennington is the President of Advantage Fund G.P. Limited and a director of eAuto. This Schedule 13D is jointly filed by the above-named persons. Mr. Pennington is the individual who currently has authority to vote and dispose of the eAuto securities beneficially owned by CALP and ABFL. Accordingly, Mr. Pennington, Advantage Fund, CALP and ABFL may be considered a group that beneficially owns all the shares beneficially owned by any of them. During the last five years, none of John Pennington, CALP, or ABFL, (i) has been convicted in a criminal proceeding, or (ii) administrative body of competent jurisdiction and as a result of such proceeding, been 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. CUSIP No. 278578 13D Page 6 of 7 Pages - -------------------------------------------------------------------------------- Item 3 SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION: On December 7, 2001, CALP and ABFL gave notice to eAuto of the exercise of their conversion rights with respect to 210 shares of eAuto's Series A Convertible Preferred Stock ("Preferred Stock"). On March 27 2002, an aggregate of 4,097,951 shares of eAuto Common Stock was issued to CALP and ABFL in exchange for conversion of all 210 shares of the Preferred Stock. The Preferred Stock was acquired by CALP and ABFL between August 28, 2000 and January 26, 2001. No payment was required upon conversion of the Preferred Stock. The source of the purchase price for the Preferred Stock acquired by CALP and ABFL was funds held for investment. CALP holds warrants to purchase 229,950 shares of eAuto Common Stock, at exercise prices of between $1.46 and $3.33 per share. ABFL holds warrants to purchase 85,050 shares of eAuto Common Stock, at exercise prices of between $1.46 and $3.33 per share. Neither CALP nor ABFL has exercised any warrants. On November 15, 2004, Mr. Pennington was issued 53,272 shares of eAutoclaims common stock in consideration for his services as a Director of the Company. For his work on the board through July 31, 2005, Mr. Pennington was issued 41,905 shares of common stock along with a 5-year option to purchase 37,500 common shares with a strike price between $0.14 and $0.30 per share as of July 31, 2005. Of these options 37,500 are unvested. Item 4 PURPOSE OF TRANSACTION: Each of CALP and ABFL acquired the securities of eAuto that it beneficially owns for passive investment purposes. As of this date, none of John Pennington, CALP, or ABFL has any plans or proposals that relate to or would result in any of the events listed in (a) through (j) of Item 4. However, members of this group or affiliates may make additional investments in eAuto in privately negotiated transactions or dispose of eAuto securities pursuant to Rule 144 or privately. Item 5 INTEREST IN SECURITIES OF ISSUER: All of the information given below is as of April 30, 2005. Percentages are based on 59,488,026 shares of Common Stock outstanding as of July 31, 2005. Collectively, the Reporting Persons beneficially own and have sole voting and dispositive power over 4,508,128 shares of common stock or approximately 7.55% of the outstanding shares of eAuto common stock. During the last 60 days, the Reporting Persons have not effected any transactions in the Issuer securities. CUSIP No. 278578 13D Page 7 of 7 Pages - -------------------------------------------------------------------------------- Item 6 CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS, OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER: None ITEM 7 MATERIAL TO BE FILED AS EXHIBITS: None 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. 8/15/05 JOHN PENNINGTON (Date) By: /s/ John K. Pennington --------------------------- 8/15/05 CANADIAN ADVANTAGE LIMITED PARTNERSHIP (Date) By: Advantage Fund G.P. Limited, its general partner /s/ John K. Pennington --------------------------------- Title: President 8/15/05 ADVANTAGE (BERMUDA) FUND, LTD. (Date) By: Advantage Fund G.P. Limited, its investment manager /s/ John K. Pennington --------------------------------- Title: President -----END PRIVACY-ENHANCED MESSAGE-----