-----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, J0I+z8nSsxDNWQ3/oo1pE/DiizsM/lRGYEz/9akzqkStB3x6PVe6ekB0aoF9r8yW 0mjY9tDsUk1RugUmWOdfdA== 0000943440-07-000045.txt : 20070126 0000943440-07-000045.hdr.sgml : 20070126 20070126142329 ACCESSION NUMBER: 0000943440-07-000045 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070126 DATE AS OF CHANGE: 20070126 GROUP MEMBERS: NORTHEAST SECURITIES, INC. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: HOUSTON AMERICAN ENERGY CORP CENTRAL INDEX KEY: 0001156041 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 760675953 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-78625 FILM NUMBER: 07555923 BUSINESS ADDRESS: STREET 1: 801 TRAVIS STREET, SUITE 2020 CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 7132226966 MAIL ADDRESS: STREET 1: 801 TRAVIS STREET SUITE 2020 CITY: HOUSTON STATE: TX ZIP: 77002 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Northeast Securities, Inc. CENTRAL INDEX KEY: 0001387218 IRS NUMBER: 112997095 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 333 EARLE OVINGTON BLVD. STREET 2: SUITE 706 CITY: MITCHEL FIELD STATE: NY ZIP: 11553 BUSINESS PHONE: 516-396-1600 MAIL ADDRESS: STREET 1: 333 EARLE OVINGTON BLVD. STREET 2: SUITE 706 CITY: MITCHEL FIELD STATE: NY ZIP: 11553 SC 13G 1 northeast-sch13g.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G (Rule 13d-102) Under the Securities Exchange Act of 1934 HOUSTON AMERICAN ENERGY CORP. ______________________________________________________________________ (Name of Issuer) COMMON ______________________________________________________________________ (Title of Class of Securities) 44183U100 ______________________________________________________________________ (CUSIP Number) December 31, 2006 ______________________________________________________________________ (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 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 (the "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). Page 2 of 7 SCHEDULE 13G ______________________________________________________________________ CUSIP No. 44183U100 ______________________________________________________________________ ______________________________________________________________________ 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Northeast Securities, Inc. I.R.S. Identification No.: 11-2997095 ______________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / / (b) /__/ ______________________________________________________________________ 3 SEC USE ONLY ______________________________________________________________________ 4 CITIZENSHIP OR PLACE OF ORGANIZATION New York ______________________________________________________________________ NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY 0 OWNED BY EACH REPORTING PERSON WITH _______________________________________________________ 6 SHARED VOTING POWER 2,522,700 _______________________________________________________ 7 SOLE DISPOSITIVE POWER 0 _______________________________________________________ 8 SHARED DISPOSITIVE POWER 2,522,700 ______________________________________________________________________ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,522,700 ______________________________________________________________________ Page 3 of 7 ______________________________________________________________________ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* /__/ ______________________________________________________________________ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.10% ______________________________________________________________________ 12 TYPE OF REPORTING PERSON BD/IA ______________________________________________________________________ Page 4 of 7 SCHEDULE 13G ______________________________________________________________________ CUSIP No. 44183U100 ______________________________________________________________________ ______________________________________________________________________ 1 (a) NAME OF REPORTING PERSONS Houston American Energy Corp. ______________________________________________________________________ (b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 801 Travis Street, Houston, TX 77002 ______________________________________________________________________ 2 (a) NAME OF PERSON FILING: Northeast Securities, Inc. ______________________________________________________________________ (b) ADDRESS OF PRINCIPAL BUSINESS OFFICE: 100 Wall Street, New York, NY 10005 ______________________________________________________________________ (c) CITIZENSHIP: USA ______________________________________________________________________ (d) TITLE OF CLASS OF SECURITIES: Common ______________________________________________________________________ (e) CUSIP NUMBER: 44183U100 ______________________________________________________________________ 3 OWNERSHIP: (a) AMOUNT BENEFICIALLY OWNED 2,522,700 ______________________________________________________________________ (b) PERCENT OF CLASS: 9.1% ______________________________________________________________________ Page 5 of 7 ______________________________________________________________________ 4 NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: (I) SOLE POWER TO VOTE OR TO DIRECT THE VOTE: 0 ______________________________________________________________________ (II) SHARED POWER TO VOTE OR TO DIRECT THE VOTE: 2,522,700 ______________________________________________________________________ (III) SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF: 0 ______________________________________________________________________ (IV) SHARED POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF: 2,522,700 ______________________________________________________________________ 5 OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS: N/A ______________________________________________________________________ 6 OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHQLF OF ANOTHER: Northeast Securities, Inc. ("Northeast") is deemed to be a beneficial owner for purpose of Rule 13(d) since it has shared power to make decisions whether to retain or dispose of the securities of many unrelated clients. Although Northeast does possess the limited power to vote the Issuer's securities on certain normal course matters (election of directors and ratification of auditors), as a matter of practice it does not exercise that right. Certain of Northeast's officers, directors and employees own securities of the Issuer. Those shares are included in the foregoing calculations. The foregoing calculations do not include (a) warrants to purchase the Issuer's securities, received as partial compensation for acting as a placement agent for the Issuer and which were dispersed to Northeast's employees that Northeast does not control and (b) approximately 300,000 shares of the Issuer's securities owned by a partnership that is not controlled by Northeast, ------------------------------------- but a portfolio manager of Benchmark Capital Advisors, ------------------------------------------------------------ as disclosed on Form ADV of Benchmark Capital Advisors and ------------------------------------------------------------ as to which Northeast disclaims any beneficial interest. -------------------------------------------------------- ______________________________________________________________________ 7 IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED OR BY THE PARENT HOLDING COMPANY: Not Applicable. ______________________________________________________________________ 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP: Not Applicable. ______________________________________________________________________ 9 NOTICE OF DISSOLUTION OF GROUP: Not Applicable ______________________________________________________________________ Page 6 of 7 ______________________________________________________________________ 10 CERTIFICATIONS: By signing below, I certify that to the best of my knowledge and belief, the securities referred to above were acquired and are held in 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. ______________________________________________________________________ Page 7 of 7 SIGNATURE After reasonable inquiry and to the best of our knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: January 25, 2007 NORTHEAST SECURITIES, INC. By: /s/Thomas Herity ------------------------------ Name: Thomas Herity Title: Chief Compliance Officer -----END PRIVACY-ENHANCED MESSAGE-----