-----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, Wq7A0OLZiANJiOUYff4vjJlvC4xfvxM6J3/1FMAcSnVaem0CMlmoysVXrMpsWPcy l0/f22esFilXaLpFSNNCQA== 0001318148-06-000122.txt : 20060214 0001318148-06-000122.hdr.sgml : 20060214 20060213204627 ACCESSION NUMBER: 0001318148-06-000122 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060214 DATE AS OF CHANGE: 20060213 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MICROCAPITAL FUND LP CENTRAL INDEX KEY: 0001257271 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 201 POST ST STREET 2: SUITE 1001 CITY: SAN FRANCISCO STATE: CA ZIP: 94108 BUSINESS PHONE: 4156256832 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: LOGICVISION INC CENTRAL INDEX KEY: 0001041418 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 943166964 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-77967 FILM NUMBER: 06606326 BUSINESS ADDRESS: STREET 1: 25 METRO DRIVE 3RD FL CITY: SAN JOSE STATE: CA ZIP: 95110 BUSINESS PHONE: 4084530146 MAIL ADDRESS: STREET 1: 25 METRO DRIVE 3RD FL CITY: SAN JOSE STATE: CA ZIP: 95110 SC 13G 1 logicvision.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendments No. __)* LOGICVISION INC. - -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK, PAR VALUE $.0001 PER SHARE - -------------------------------------------------------------------------------- (Title of Class Securities) 54140W 10 7 ------------------------------------ (CUSIP Number) December 31, 2005 - -------------------------------------------------------------------------------- (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) Rule 13d-1(c) Rule 13d-1(d) *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 the disclosure provided in a prior cover page. The information required in 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 current valid OMB control number. CUSIP No. 54140W 10 7 1. Name of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). MicroCapital LLC 13-4103993 - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ]................................................................ ---------------------------------------------------------------- (b) ..................................................................... --------------------------------------------------------------------- - -------------------------------------------------------------------------------- 3. SEC Use Only.............................................................. -------------------------------------------------------------- - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization Delaware......................... ------------------------------------ - -------------------------------------------------------------------------------- Number of Shares 5. Sole Voting Power ............................ Beneficially Owned by 6. Shared Voting Power 1,200,559................. Each Reporting Person 7. Sole Dispositive Power ....................... With: 8. Shared Dispositive Power 1,200,559........... 9. Aggregate Amount Beneficially Owned by Each Reporting Person 1,200,559.. -------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ----- 11...............Percent of Class Represented by Amount in Row (9) 6.37% --------- - -------------------------------------------------------------------------------- 12...............Type of Reporting Person (See Instructions) - -------------------------------------------------------------------------------- IA........................................................................... - -------------------------------------------------------------------------------- CUSIP No. 54140W 10 7 1. Name of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Ian P. Ellis - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ]................................................................ ---------------------------------------------------------------- (b) ..................................................................... --------------------------------------------------------------------- - -------------------------------------------------------------------------------- 3. SEC Use Only.............................................................. -------------------------------------------------------------- - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization U.K.............................. ------------------------------------ - -------------------------------------------------------------------------------- Number of Shares 5. Sole Voting Power ............................. Beneficially Owned 6. Shared Voting Power 1,200,559.................. by Each Reporting 7. Sole Dispositive Power ........................ Person With: 8. Shared Dispositive Power 1,200,559............ 9. Aggregate Amount Beneficially Owned by Each Reporting Person 1,200,559.. ------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ----- 11................Percent of Class Represented by Amount in Row (9) 6.37% -------- - -------------------------------------------------------------------------------- 12................Type of Reporting Person (See Instructions) - -------------------------------------------------------------------------------- IN, HC........................................................................ - -------------------------------------------------------------------------------- Item 1. (a) Name of Issuer LogicVision, Inc. (b) Address of Issuer's Principal Executive Offices 25 Metro Drive, 3rd Floor San Jose, California Item 2. (a) Name of Person Filing This statement is being filed by (i) MicroCapital LLC, a Delaware limited liability company and a registered investment adviser ("IA") and (ii) Ian P. Ellis ("Managing Member")(collectively, the "Reporting Persons"). Managing Member controls IA by virtue of Managing Member's position as managing member and majority owner of IA. (b) Address of Principal Business office or, if None, Residence IA's principal place of business is located at: 623 Fifth Avenue, Suite 2502, New York, New York 10022 Managing Member's principal place of business is located at: 623 Fifth Avenue, Suite 2502, New York, New York 10022 (c) Citizenship Item 4 of each cover page is incorporated by reference. (d) Title of Class Securities Common Stock, par value $.0001 per share (e) CUSIP Number 54140W 10 7 Item 3. If this statement is filed pursuant to sections 240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) Investment company registered under section 8 of the Investment Company Act (15 U.S.C. 80a-8). X (e) An investment adviser in accordance with section 240.13d-1(b)(1)(ii)(E). (f) An employee benefit plan or endowment fund in accordance with section 240.13d-1(b)(ii)(F). (g) A parent holding company or control person in accordance with section 240.13d-1(b)(1)(ii)(G). (h) A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813). (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3). (j) Group in accordance with section 240.13d-1(b)(ii)(J). Item 4. Ownership Common Stock: (a) Amount Beneficially Owned: 1,200,559 (b) Percent of Class: 6.37% (c) Number of shares as to which the joint filers have: (i) sole power to vote or to direct the vote: (ii) shared power to vote or to direct the vote: 1,200,559 (iii) sole power to dispose or to direct the disposition of: (iv) shared power to dispose of or to direct the disposition of: 1,200,559 Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class securities, check the following . Item 6. Ownership of More than Five Percent on Behalf of Another Person. IA, a registered investment adviser, and Managing Member, the majority owner and managing member of IA, have the right or the power to direct the receipt of dividends from Common Stock, and to direct the receipt of proceeds from the sale of Common Stock to IA's investment advisory clients. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. 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. Certification: (a) The following certification shall be included if the statement is filed pursuant to section 240.13d-1(b): By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held I 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. SIGNATURE Date: February 14, 2006 MICROCAPITAL LLC /s/ Ian P. Ellis ------------------------------------------------ Ian P. Ellis, Managing Member IAN P. ELLIS /s/ Ian P. Ellis ------------------------------------------------ Ian P. Ellis EXHIBIT A Identification and Classification of Members of the Group Pursuant to Rule 13d-1(b)(ii)(J) and Rule 13d-1(k)(1) under the Securities and Exchange Act of 1934, the members of the group making this joint filing are identified and classified as follows: Name Classification EXHIBIT B Joint Filing Agreement Pursuant to Rule 13d-1 This agreement is made pursuant to Rule 13d-1(b)(ii)(J) and Rule 13d-1(k)(1) under the Securities and Exchange Act of 1934 (the "Act") by and among the parties listed below, each referred to herein as a "Joint Filer." The Joint Filers agree that a statement of beneficial ownership as required by Sections 13(g) or 13(d) of the Act and the Rules thereunder may be filed on each of their behalf on Schedule 13G or Schedule 13D, as appropriate, and that said joint filing may thereafter be amended by further joint filings. The Joint Filers state that they each satisfy the requirements for making a joint filing under Rule 13d-1. SIGNATURE Date: February 14, 2006 MICROCAPITAL LLC /s/ Ian P. Ellis ------------------------------------------------ Ian P. Ellis, Managing Member IAN P. ELLIS /s/ Ian P. Ellis ------------------------------------------------ Ian P. Ellis -----END PRIVACY-ENHANCED MESSAGE-----