-----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, RK/6+UpL8CkqwnUJeAS62B4bESH4IPTvaowCCfANtrdHsrEJu2dzYSC5VjbqJFZE XsNBAdKqPQ3OMYmc8UG3hg== 0001144204-05-026138.txt : 20050817 0001144204-05-026138.hdr.sgml : 20050817 20050817165629 ACCESSION NUMBER: 0001144204-05-026138 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050817 DATE AS OF CHANGE: 20050817 GROUP MEMBERS: ROBERT ELLIN GROUP MEMBERS: TRINAD ADVISORS GP, LLC GROUP MEMBERS: TRINAD CAPITAL LP SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: OPTIO SOFTWARE INC CENTRAL INDEX KEY: 0001096689 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 581435435 STATE OF INCORPORATION: GA FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-58243 FILM NUMBER: 051033892 BUSINESS ADDRESS: STREET 1: WINDWARD FAIRWAY II STREET 2: 3015 WINDWARD PLZ CITY: ALPHARETTA STATE: GA ZIP: 30005 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Trinad Capital L.P. CENTRAL INDEX KEY: 0001289378 IRS NUMBER: 200593276 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 153 EAST 53RD ST. STREET 2: 48TH FLOOR CITY: NEW YORK STATE: X1 ZIP: 10022 BUSINESS PHONE: 212 521 5180 MAIL ADDRESS: STREET 1: 153 EAST 53RD ST. STREET 2: 48TH FLOOR CITY: NEW YORK STATE: X1 ZIP: 10022 SC 13D 1 v024289_sc13d.txt SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 -------------- 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. 3) (1) Optio Software, Inc. ------------------------------------------------------------------------------ (Name of Issuer) Common Stock ------------------------------------------------------------------------------ (Title of Class of Securities) 68389J106 ------------------------------------------------------------------------------ (CUSIP Number) Jay Wolf c/o Trinad Capital LP 153 East 53rd St., 48th Floor New York, NY 10022 (212) 521-5180 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) May 2, 2005 ------------------------------------------------------------------------------ (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 that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(c), 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. (1) 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 disclosures 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 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). - ------------------------------------------------------------------------------- CUSIP No. 68389J106 13D - ------------------------------------------------------------------------------- - ------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Trinad Capital LP 20-0593276 - ------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) |_| (b) |X| - ------------------------------------------------------------------------------- 3. SEC Use Only - ------------------------------------------------------------------------------- 4. Source of Funds (See Instructions) WC - ------------------------------------------------------------------------------- 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) |_| - ------------------------------------------------------------------------------- 6. Citizenship or Place of Organization Delaware - ------------------------------------------------------------------------------- 7. Sole Voting Power Number of Shares 0 Beneficially ----------------------------------------------------------------- Owned by Each 8. Shared Voting Power Reporting Person With 2,315,247 - ------------------------------------------------------------------------------- 9. Sole Dispositive Power 0 - ------------------------------------------------------------------------------- 10. Shared Dispositive Power 2,315,247 - ------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 2,315,247 - ------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) |_| - ------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 10.89% (1) - ------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) PN - ------------------------------------------------------------------------------- (1) On the basis of 21,263,757 shares of Common Stock reported by the Company to be issued and outstanding as of June 6, 2005 in the Company's Quarterly Report on Form 10-Q, as filed with the Securities and Exchange Commission on June 14, 2005. *SEE INSTRUCTIONS BEFORE FILLING OUT! - ------------------------------------------------------------------------------- CUSIP No. 68389J106 13D - ------------------------------------------------------------------------------- - ------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Trinad Advisors GP, LLC 10-0591650 - ------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) |_| (b) |X| - ------------------------------------------------------------------------------- 3. SEC Use Only - ------------------------------------------------------------------------------- 4. Source of Funds (See Instructions) * N/A - ------------------------------------------------------------------------------- 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) |_| - ------------------------------------------------------------------------------- 6. Citizenship or Place of Organization Delaware - ------------------------------------------------------------------------------- 7. Sole Voting Power Number of Shares 0 Beneficially ----------------------------------------------------------------- Owned by Each 8. Shared Voting Power Reporting Person With 2,315,247 - ------------------------------------------------------------------------------- 9. Sole Dispositive Power 0 - ------------------------------------------------------------------------------- 10. Shared Dispositive Power 2,315,247 - ------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 2,315,247 - ------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) |_| - ------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 10.89% (1) - ------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) OO - ------------------------------------------------------------------------------- (1) On the basis of 21,263,757 shares of Common Stock reported by the Company to be issued and outstanding as of June 6, 2005 in the Company's Quarterly Report on Form 10-Q, as filed with the Securities and Exchange Commission on June 14, 2005. *SEE INSTRUCTIONS BEFORE FILLING OUT! - ------------------------------------------------------------------------------- CUSIP No. 68389J106 13D - ------------------------------------------------------------------------------- - ------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Robert Ellin N/A - ------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) |_| (b) |X| - ------------------------------------------------------------------------------- 3. SEC Use Only - ------------------------------------------------------------------------------- 4. Source of Funds (See Instructions) * N/A - ------------------------------------------------------------------------------- 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) |_| - ------------------------------------------------------------------------------- 6. Citizenship or Place of Organization United States - ------------------------------------------------------------------------------- 7. Sole Voting Power Number of Shares 0 Beneficially ----------------------------------------------------------------- Owned by Each 8. Shared Voting Power Reporting Person With 2,315,247 - ------------------------------------------------------------------------------- 9. Sole Dispositive Power 0 - ------------------------------------------------------------------------------- 10. Shared Dispositive Power 2,315,247 - ------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 2,315,247 - ------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) |_| - ------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 10.89% (1) - ------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) IN - ------------------------------------------------------------------------------- (1) On the basis of 21,263,757 shares of Common Stock reported by the Company to be issued and outstanding as of June 6, 2005 in the Company's Quarterly Report on Form 10-Q, as filed with the Securities and Exchange Commission on June 14, 2005. *SEE INSTRUCTIONS BEFORE FILLING OUT! INTRODUCTORY STATEMENT This Amendment No. 3 to Schedule 13D (this "Amendment"), amends the Schedule 13D filed on November 12, 2004, as amended by Amendment No. 1, which was filed with the Securities and Exchange Commission (the "SEC") on March 14, 2005, and Amendment No.2, which was filed with the SEC on May 25, 2005 (the "Schedule 13-D"), filed jointly by Trinad Capital LP, Trinad Advisors GP, LLC and Robert Ellin (collectively, the "Reporting Persons"). This Amendment relates to the common stock, no par value per share (the "Common Stock"), of Optio Software, Inc., a Georgia corporation (the "Company"). The principal executive offices of the Company are located at 3015 Windward Plaza, Fairways II, Alpharetta, GA, 30005. This Amendment amends Item 4 and amends and restates in its entirety Item 5 of the Schedule 13-D. Except as provided herein, the Schedule 13-D remains in full force and effect. Item 4. Purpose of Transaction. Item 4 of the Schedule 13-D is hereby amended to reflect the following transactions. All of the shares of Common Stock reported herein were acquired for investment purposes. On each of the following dates and at the following prices per share Trinad Capital, LP made purchases of Common Stock on the open market with its working capital: Date Number of Shares Acquired Price Per Share 05/02/2005 5,000 1.2630 05/02/2005 2,500 1.2600 05/03/2005 1,000 1.2000 05/04/2005 4,000 1.1725 05/11/2005 2,200 1.1609 05/16/2005 6,200 1.1074 05/17/2005 1,000 1.2000 05/18/2005 2,000 1.1800 05/19/2005 1,300 1.1385 05/23/2005 23,200 1.1898 05/26/2005 2,500 1.2360 05/26/2005 2,000 1.2175 05/27/2005 10,000 1.2515 05/31/2005 5,000 1.2730 05/31/2005 4,000 1.2138 06/15/2005 20,000 1.1168 06/28/2005 10,000 1.1415 06/29/2005 24,425 1.1862 06/29/2005 4,500 1.1933 06/30/2005 5,500 1.2376 06/30/2005 4,000 1.2637 06/30/2005 3,000 1.2933 07/01/2005 2,000 1.2300 07/06/2005 1,000 1.1400 07/12/2005 5,900 1.0800 07/13/2005 20,000 1.0057 07/13/2005 4,700 1.0300 07/20/2005 2,600 1.0762 07/25/2005 10,000 1.0715 07/25/2005 2,000 1.0900 07/26/2005 20,000 1.1444 07/26/2005 1,000 1.1500 07/27/2005 10,000 1.1215 07/28/2005 23,770 1.1469 07/29/2005 20,000 1.2545 07/29/2005 10,000 1.3115 07/29/2005 10,000 1.3275 07/29/2005 4,900 1.2131 07/29/2005 4,000 1.2850 08/01/2005 5,000 1.2100 08/04/2005 1,000 1.0900 The Reporting Persons currently have no plan or proposal which relates to or would result in any of the actions or transactions described in paragraphs (a) through (j) of Item 4 of the instructions to this Report. Item 5. Interest in Securities of the Issuer. (a) and (b) As of the date hereof, Trinad Capital LP, Trinad Advisors GP, LLC (as the general partner of Trinad Capital LP) and Robert Ellin (as a Managing Member of Trinad Advisors GP, LLC) are deemed to beneficially own an aggregate of 2,315,247 shares of Common Stock, representing approximately 10.89% of the number of shares of Common Stock stated to be outstanding by the Company in its Quarterly Report on Form 10-Q, as filed with the SEC on June 14, 2005. Trinad Capital LP is deemed to be the direct beneficial owner of 2,315,247 shares of Common Stock. Trinad Advisors GP, LLC is deemed to be the indirect beneficial owner of 2,315,247 shares of Common Stock. Robert Ellin is deemed to be the indirect beneficial owner of 2,315,247 shares of Common Stock. Each of Trinad Advisors GP, LLC and Robert Ellin disclaim beneficial ownership of the shares of Common Stock directly beneficially owned by Trinad Capital LP (except for (i) the indirect interest of Trinad Advisors GP, LLC by virtue of being the general partner of Trinad Capital LLC, (ii) the indirect interest of Robert Ellin by virtue of being a member of Trinad Advisors GP, LLC, and (iii) the indirect interest of Robert Ellin by virtue of being a limited partner of Trinad Capital LP). Trinad Advisors GP, LLC and Robert Ellin have shared power to direct the vote and shared power to direct the disposition of these shares of Common Stock. (c) Other than as set forth in this Report, the Reporting Persons and the executive officers and directors listed in Item 2 have not effected any transactions in the shares of the Company's equity securities within the past 60 days. (d) Not applicable. (e) Not applicable. 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. Trinad Capital LP August 17, 2005 By: /s/ Jay Wolf -------------- Name: Jay Wolf Title: Managing Director of Trinad Advisors GP, LLC, the General Partner of Trinad Capital LP Trinad Advisors GP, LLC August 17, 2005 By: /s/ Jay Wolf -------------- Name: Jay Wolf Title: Managing Director Robert Ellin August 17, 2005 /s/ Robert Ellin ---------------- The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative (other than an executive officer or general partner of the filing person), evidence of the representative's authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature. Attention. Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001). -----END PRIVACY-ENHANCED MESSAGE-----