-----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, Ud5+jNClrj8yCBoRJz7nVR547tEC3ffwrs5TUwnwgGbkJ2SAWR2zU3B8+eX/eu6u XEmy1i+yAAa481EMJs5dqg== 0001193125-07-271442.txt : 20071226 0001193125-07-271442.hdr.sgml : 20071225 20071226172843 ACCESSION NUMBER: 0001193125-07-271442 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20071226 DATE AS OF CHANGE: 20071226 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: QUANTUM GROUP INC /FL CENTRAL INDEX KEY: 0001118847 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MANAGEMENT CONSULTING SERVICES [8742] IRS NUMBER: 200774748 FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-79057 FILM NUMBER: 071327306 BUSINESS ADDRESS: STREET 1: 3460 FAIRLANE FARMS ROAD STREET 2: SUITE 4 CITY: WELLINGTON STATE: FL ZIP: 33414 BUSINESS PHONE: 561-798-9800 MAIL ADDRESS: STREET 1: 3460 FAIRLANE FARMS ROAD STREET 2: SUITE 4 CITY: WELLINGTON STATE: FL ZIP: 33414 FORMER COMPANY: FORMER CONFORMED NAME: TRANSFORM PACK INTERNATIONAL INC DATE OF NAME CHANGE: 20000922 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: High Capital Funding, LLC CENTRAL INDEX KEY: 0001383024 IRS NUMBER: 133921591 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 333 SANDY SPRINGS CIRCLE STREET 2: SUITE 230 CITY: ATLANTA STATE: GA ZIP: 30328 BUSINESS PHONE: 404-257-9150 MAIL ADDRESS: STREET 1: 333 SANDY SPRINGS CIRCLE STREET 2: SUITE 230 CITY: ATLANTA STATE: GA ZIP: 30328 SC 13G 1 dsc13g.htm SCHEDULE 13G Schedule 13G
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

(Amendment No.         )*

 

 

 

 

The Quantum Group, Inc.

(Name of Issuer)

 

 

Common Stock, $.001 par value

(Title of Class of Securities)

 

 

74765L 202

(CUSIP Number)

 

 

December 13, 2007

(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)

 

 

*   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 (“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).

CUSIP No. 74765L 202    13G    Page 2 of 5 pages

 

  1  

NAME OF REPORTING PERSON

I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

            High Capital Funding, LLC

            13-3921591

    
  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

    

 

NUMBERS OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH:  

 

  

  5    SOLE VOTING POWER

 

            889,033

 

  6    SHARED VOTING POWER

 

            0

 

  7    SOLE DISPOSITIVE POWER

 

            350,000

 

Represents shares of common stock, and shares of common stock underlying Class A and Class B Warrants not subject to an underwriter’s lockup

 

  8    SHARED DISPOSITIVE POWER

 

            0

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            889,033

    
10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)

 

  

¨

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

            9.95%

    
12  

TYPE OF REPORTING PERSON (See Instructions)

 

            CO

    

 

- 2 -

SCHEDULE 13G

 

Item 1.  

(a).

    Name of Issuer:      
     The Quantum Group, Inc.      
 

(b).

    Address of Issuer’s Principal Executive Offices:      
    

3420 Fairlane Farms Road, Suite C

Wellington, FL 33414

      
Item 2.  

(a)

    Name of Person Filing:      
     High Capital Funding, LLC      
 

(b)

    Address of Principal Business Office or, if None, Residence:      
     333 Sandy Springs Circle, Suite 230, Atlanta, GA 30328      
 

(c)

    Citizenship:      
     High Capital Funding, LLC is organized pursuant to the laws of the State of Delaware      
 

(d)

    Title of Class of Securities:      
     Common Stock, $.001 par value      
 

(e)

    CUSIP Number:      
     74765L 202      
Item 3.   Not Applicable.   

 

- 3 -

Item 4.    Ownership      
  

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

      
   (a)   

Amount beneficially owned:

 

889,033 shares of common stock, which includes an aggregate of 181,563 Class A and Class B Warrants.

      
   (b)    Such amount does not include an aggregate of 731,269 shares of common stock underlying Class A and Class B Warrants, which HCF has agreed not to exercise to the extent such exercise would cause HCF to beneficially own more than 9.95% of the common stock outstanding.      
     

David A. Rapaport, Fred A. Brasch and Frank E. Hart jointly have voting and dispositive power over the securities held by HCF by virtue of their positions as officers of the Manager of HCF. The amount beneficially owned includes 7,323 shares of common stock owned by the spouse of Frank E. Hart, the President of the Manager of HCF.

      
   (b)    Percent of class:      
      9.95%      
     

This amount is based solely on the number of shares of common stock outstanding, and does not include shares of common stock underlying Class A and Class B warrants to the extent that the exercise of such Class A or Class B Warrants would cause HCF to beneficially own more than 9.95% of the shares of common stock outstanding.

      
   (c)    Number of shares as to which such person has:      
      (i)    Sole power to vote or to direct the vote:      
         889,033 shares of common stock      
      (ii)    Shared power to vote or to direct the vote:      
         0      
      (iii)    Sole power to dispose or to direct the disposition of:      
         350,000 shares of common stock      
         Represents shares of common stock, and shares of common stock underlying Class A and Class B Warrants not subject to an underwriter’s lockup      
      (iv)    Shared power to dispose or to direct the disposition of:      
         0      
Item 5.    Ownership of Five Percent or Less of a Class   
      Not Applicable.      
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      
      Not applicable.      
Item 9.    Notice of Dissolution of Group      
      Not Applicable.      
Item 10.    Certifications      
     

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 being 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 being held in connection with or as a participant in any transaction having that purpose or effect.

      

 

- 4 -

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.

 

 

 

December 26, 2005
          (Date)
High Capital Funding LLC
By:   Profit Concepts, Ltd., its Manager
By:  

/s/ David A. Rapaport

Name:   David A. Rapaport
Title:   Executive Vice President &
  General Counsel

 

- 5 -

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