-----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, VCaU0k91w9ZSR5HVaGZ7aHHBBpv3NQ38KOaOgGsfu1QC9+DrsAup+SGFYfNNPeBL vtCHaqWiT+Ul084yK5SSgg== 0000897069-02-000626.txt : 20020822 0000897069-02-000626.hdr.sgml : 20020822 20020822140019 ACCESSION NUMBER: 0000897069-02-000626 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20020822 GROUP MEMBERS: AUGUSTINE CAPITAL MANAGEMENT, LLC GROUP MEMBERS: BRIAN D. PORTER GROUP MEMBERS: DAVID M. MATTESON GROUP MEMBERS: DAVID R. ASPLUND GROUP MEMBERS: DELANO GROUP SECURITIES, LLC GROUP MEMBERS: JOHN T. PORTER GROUP MEMBERS: THOMAS F. DUSZYNSKI FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: AUGUSTINE FUND LP CENTRAL INDEX KEY: 0001053372 IRS NUMBER: 364186782 STATE OF INCORPORATION: IL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 141 WEST JACKSON BLVD STE 1792 CITY: CHICAGO STATE: IL ZIP: 60604 MAIL ADDRESS: STREET 1: 141 WEST JACKSON BLVD. STE. 2182 CITY: CHICAGO STATE: IL ZIP: 60606 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ELECTRIC CITY CORP CENTRAL INDEX KEY: 0001065860 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 364197337 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-58763 FILM NUMBER: 02745616 BUSINESS ADDRESS: STREET 1: 1280 LANDMEIER ROAD CITY: ELK GROVE STATE: IL ZIP: 60007 BUSINESS PHONE: 8474371666 MAIL ADDRESS: STREET 1: 1280 LANDMEIER ROAD CITY: ELK GROVE VILLAGE STATE: IL ZIP: 60007 SC 13G/A 1 slp361.txt SCHEDULE 13G, AMENDMENT NO. 1 CUSIP No. 346242100 Page 1 of 14 Pages UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1) Electric City Corp. (Name of Issuer) Common Stock, $.0001 par value (Title of Class of Securities) 284868106 (CUSIP Number) July 29, 2002 (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) |X| Rule 13d-1(c) [ ] Rule 13d-1(d) CUSIP No. 346242100 Page 2 of 14 Pages ========== ===================================================================== 1 NAME OF REPORTING PERSON Augustine Fund, L.P. - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) [ ] - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Illinois - --------------------------- --------- ------------------------------------------ NUMBER OF 5 SOLE VOTING POWER SHARES 0 BENEFICIALLY --------- ------------------------------------------ OWNED BY 6 SHARED VOTING POWER EACH 1,441,897 REPORTING --------- ------------------------------------------ PERSON 7 SOLE DISPOSITIVE POWER WITH 0 --------- ------------------------------------------ 8 SHARED DISPOSITIVE POWER 1,441,897 - ----------- -------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,441,897 - ----------- -------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |X| - ----------- -------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.6% - ----------- -------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON PN ================================================================================ CUSIP No. 346242100 Page 3 of 14 Pages ========== ===================================================================== 1 NAME OF REPORTING PERSON Augustine Capital Management, LLC - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) [ ] - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - --------------------------- --------- ------------------------------------------ NUMBER OF 5 SOLE VOTING POWER SHARES 0 BENEFICIALLY --------- ------------------------------------------ OWNED BY 6 SHARED VOTING POWER EACH 1,441,897 REPORTING --------- ------------------------------------------ PERSON 7 SOLE DISPOSITIVE POWER WITH 0 --------- ------------------------------------------ 8 SHARED DISPOSITIVE POWER 1,441,897 - ----------- -------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,441,897 - ----------- -------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |X| - ----------- -------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.6% - ----------- -------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON PN ================================================================================ CUSIP No. 346242100 Page 4 of 14 Pages ========== ===================================================================== 1 NAME OF REPORTING PERSON Delano Group Securities, LLC - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) [ ] - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - --------------------------- --------- ------------------------------------------ NUMBER OF 5 SOLE VOTING POWER SHARES 0 BENEFICIALLY --------- ------------------------------------------ OWNED BY 6 SHARED VOTING POWER EACH 97,412 REPORTING --------- ------------------------------------------ PERSON 7 SOLE DISPOSITIVE POWER WITH 0 --------- ------------------------------------------ 8 SHARED DISPOSITIVE POWER 97,412 - ----------- -------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 97,412 - ----------- -------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |X| - ----------- -------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) <0.01% - ----------- -------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON PN ================================================================================ CUSIP No. 346242100 Page 5 of 14 Pages ========== ===================================================================== 1 NAME OF REPORTING PERSON David R. Asplund - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) [ ] - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - --------------------------- --------- ------------------------------------------ NUMBER OF 5 SOLE VOTING POWER SHARES 0 BENEFICIALLY --------- ------------------------------------------ OWNED BY 6 SHARED VOTING POWER EACH 97,412 REPORTING --------- ------------------------------------------ PERSON 7 SOLE DISPOSITIVE POWER WITH 0 --------- ------------------------------------------ 8 SHARED DISPOSITIVE POWER 97,412 - ----------- -------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 97,412 - ----------- -------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |X| - ----------- -------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) <0.01% - ----------- -------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON IN ================================================================================ CUSIP No. 346242100 Page 6 of 14 Pages ========== ===================================================================== 1 NAME OF REPORTING PERSON Thomas F. Duszynski - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) [ ] - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - --------------------------- --------- ------------------------------------------ NUMBER OF 5 SOLE VOTING POWER SHARES 0 BENEFICIALLY --------- ------------------------------------------ OWNED BY 6 SHARED VOTING POWER EACH 1,441,897 REPORTING --------- ------------------------------------------ PERSON 7 SOLE DISPOSITIVE POWER WITH 0 --------- ------------------------------------------ 8 SHARED DISPOSITIVE POWER 1,441,897 - ----------- -------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,441,897 - ----------- -------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |X| - ----------- -------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.6% - ----------- -------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON IN ================================================================================ CUSIP No. 346242100 Page 7 of 14 Pages ========== ===================================================================== 1 NAME OF REPORTING PERSON David M. Matteson - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) [ ] - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - --------------------------- --------- ------------------------------------------ NUMBER OF 5 SOLE VOTING POWER SHARES 0 BENEFICIALLY --------- ------------------------------------------ OWNED BY 6 SHARED VOTING POWER EACH 1,441,897 REPORTING --------- ------------------------------------------ PERSON 7 SOLE DISPOSITIVE POWER WITH 0 --------- ------------------------------------------ 8 SHARED DISPOSITIVE POWER 1,441,897 - ----------- -------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,441,897 - ----------- -------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |X| - ----------- -------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.6% - ----------- -------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON IN ================================================================================ CUSIP No. 346242100 Page 8 of 14 Pages ========== ===================================================================== 1 NAME OF REPORTING PERSON Brian D. Porter - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) [ ] - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - --------------------------- --------- ------------------------------------------ NUMBER OF 5 SOLE VOTING POWER SHARES 0 BENEFICIALLY --------- ------------------------------------------ OWNED BY 6 SHARED VOTING POWER EACH 1,441,897 REPORTING --------- ------------------------------------------ PERSON 7 SOLE DISPOSITIVE POWER WITH 0 --------- ------------------------------------------ 8 SHARED DISPOSITIVE POWER 1,441,897 - ----------- -------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,441,897 - ----------- -------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |X| - ----------- -------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.6% - ----------- -------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON IN ================================================================================ CUSIP No. 346242100 Page 9 of 14 Pages ========== ===================================================================== 1 NAME OF REPORTING PERSON John T. Porter - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) [ ] - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - --------------------------- --------- ------------------------------------------ NUMBER OF 5 SOLE VOTING POWER SHARES 0 BENEFICIALLY --------- ------------------------------------------ OWNED BY 6 SHARED VOTING POWER EACH 1,441,897 REPORTING --------- ------------------------------------------ PERSON 7 SOLE DISPOSITIVE POWER WITH 0 --------- ------------------------------------------ 8 SHARED DISPOSITIVE POWER 1,441,897 - ----------- -------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,441,897 - ----------- -------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |X| - ----------- -------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.6% - ----------- -------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON IN ================================================================================ CUSIP No. 346242100 Page 10 of 14 Pages Item 1(a) Name of Issuer: Electric City Corp. Item 1(b) Address of Issuer's Principal Office: 1280 Landmeier Road Elk Grove Village, IL 60007-2410 Item 2(a) Name of Person Filing: Augustine Fund, L.P. Augustine Capital Management, LLC Delano Group Securities, LLC David R. Asplund Thomas F. Duszynski David M. Matteson Brian D. Porter John T. Porter Item 2(b) Address of Principal Business Office or, if none, Residence: The business address of each person filing is 141 West Jackson Boulevard, Suite 2182, Chicago, Illinois 60604. Item 2(c) Citizenship: Augustine Fund, L.P. is an Illinois limited partnership. Augustine Capital Management, LLC is an Delaware limited liability company. Delano Group Securities, LLC is a Delaware limited liability company. David R. Asplund, Thomas F. Duszynski, David M. Matteson, Brian D. Porter and John T. Porter are all United States citizens and residents of the State of Illinois. Item 2(d) Title of Class of Securities: Common Stock. Item 2(e) CUSIP Number: 284868106 CUSIP No. 346242100 Page 11 of 14 Pages Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b), check whether the person filing is a: Not applicable. Item 4. Ownership Augustine Fund, L.P. ("Augustine Fund") may be deemed to share power to vote and dispose of the shares owned of record with its general partner Augustine Capital Management, LLC ("Augustine Capital") and with the controlling members, directors and officers of Augustine Capital, all of whom are Thomas F. Duszynski, David M. Matteson, Brian D. Porter and John T. Porter. Delano Group Securities, LLC ("Delano") may be deemed to share power to vote and dispose of the shares owned of record with its controlling member, director and officer, who is David R. Asplund. Shares owned of record by Augustine Fund may be deemed to be beneficially owned by any or all of Augustine Fund, Augustine Capital, Thomas F. Duszynski, David M. Matteson, Brian D. Porter and John T. Porter (collectively, the "Group Members"). Delano and Mr. Asplund disclaim beneficial ownership of any shares owned by any of the Group Members. The Group Members disclaim beneficial ownership of any shares owned by Delano and Mr. Asplund. (a) Amount Beneficially Owned: The Group Members beneficially own 1,441,897 shares of the Common Stock. Delano and Mr. Asplund beneficially own 97,412 shares of the Common Stock. (b) Percent of Class: The Group Members beneficially own 4.6% of the Common Stock. Delano and Mr. Asplund beneficially own less than 0.1% of the Common Stock. (c) Each of the Group Members has the number of shares listed below as to which such Group Member has: (i) sole power to vote or direct the vote: 0 (ii) shared power to vote or direct the vote: 1,441,897 (iii) sole power to dispose or direct the disposition of: 0 (iv) shared power to dispose or direct the disposition of: 1,441,897 Delano and Mr. Asplund each share power to vote or direct the vote of, and to dispose or direct the disposition of, 97,412 shares of the Common Stock. Delano and Mr. Asplund have sole power to vote or direct the vote of, and to dispose or direct the disposition of, 0 shares of the Common Stock. CUSIP No. 346242100 Page 12 of 14 Pages 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 of securities, check the following |X|. Item 6. Ownership of More than Five Percent on Behalf of Another Person Not applicable. 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 The Group Members are the members of the group filing this Schedule 13G. Mr. Asplund and Delano are jointly filing this Schedule 13G with the Group Members but are not members of the group formed by the Group Members. Item 9. Notice of Dissolution of Group Mr. Asplund and Delano were formerly members of a "group" with the Group Members. As of May 10, 2002, they ceased being members of such group. Item 10. Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above 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. CUSIP No. 346242100 Page 13 of 14 Pages SIGNATURES 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. Date: August 22, 2002 AUGUSTINE FUND, L.P. By: AUGUSTINE CAPITAL MANAGEMENT, LLC General Partner By: /s/ John T. Porter John T. Porter, President AUGUSTINE CAPITAL MANAGEMENT, LLC By: /s/ John T. Porter John T. Porter, President DELANO GROUP SECURITIES, LLC By: /s/ David R. Asplund David R. Asplund, President By: /s/ David R. Asplund David R. Asplund By: /s/ Thomas Duszynski Thomas Duszynski By: /s/ David M. Matteson David M. Matteson By: /s/ Brian D. Porter Brian D. Porter By: /s/ John T. Porter John T. Porter EX-99 3 slp361a.txt JOINT FILING AGREEMENT CUSIP No. 346242100 Page 14 of 14 Pages EXHIBIT JOINT FILING AGREEMENT Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree that the Schedule 13G to which this Joint Filing Agreement is being filed as an exhibit shall be a joint statement filed on behalf of each of the undersigned. Date: August 22, 2002 AUGUSTINE FUND, L.P. By: AUGUSTINE CAPITAL MANAGEMENT, LLC General Partner By: /s/ John T. Porter John T. Porter, President AUGUSTINE CAPITAL MANAGEMENT, LLC By: /s/ John T. Porter John T. Porter, President DELANO GROUP SECURITIES, LLC By: /s/ David R. Asplund David R. Asplund, President By: /s/ David R. Asplund David R. Asplund By: /s/ Thomas Duszynski Thomas Duszynski By: /s/ David M. Matteson David M. Matteson By: /s/ Brian D. Porter Brian D. Porter By: /s/ John T. Porter John T. Porter -----END PRIVACY-ENHANCED MESSAGE-----