-----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, DjPQUhw5D0ngQ4SKfDYlFO1K3hpGxiH5xbTPLaqSySdP4nPba7qHFZ5TBGe3X4oy Sqs78ny6LM2NPgwsyU7fUw== 0001158202-07-000003.txt : 20070124 0001158202-07-000003.hdr.sgml : 20070124 20070124151940 ACCESSION NUMBER: 0001158202-07-000003 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070124 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PENN CAPITAL MANAGEMENT CO INC CENTRAL INDEX KEY: 0001158202 IRS NUMBER: 222796848 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-81647 FILM NUMBER: 07549544 BUSINESS ADDRESS: STREET 1: 457 HADDONFIELD ROAD, STE. 210 CITY: CHERRY HILL STATE: NJ ZIP: 08002 BUSINESS PHONE: 8569107670 MAIL ADDRESS: STREET 1: 457 HADDONFIELD ROAD, STE. 210 CITY: CHERRY HILL STATE: NJ ZIP: 08002 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PENN CAPITAL MANAGEMENT CO INC CENTRAL INDEX KEY: 0001158202 IRS NUMBER: 222796848 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 457 HADDONFIELD ROAD, STE. 210 CITY: CHERRY HILL STATE: NJ ZIP: 08002 BUSINESS PHONE: 8569107670 MAIL ADDRESS: STREET 1: 457 HADDONFIELD ROAD, STE. 210 CITY: CHERRY HILL STATE: NJ ZIP: 08002 SC 13G 1 ggsx.txt OMB APPROVAL OMB Number: 3235-0145 Expires: February 28, 2006 Estimated average burden hours per response. . . . . . . . 11 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. ___________)* IMAX CORP (Name of Issuer) COMMON STOCK (Title of Class of Securities) 367220100 (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: Rule 13d-1(b) Rule 13d-1(c) X Rule 13d-1(d) CUSIP No. 367220100 1. Names of Reporting Persons. PENN CAPITAL MANAGEMENT I.R.S. Identification Nos. of above persons (entities only). 22-2796848 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 STATE OF ORGANIZATION IS NEW JERSEY, USA Number of Shares Beneficially by Owned by Each Reporting Person With: 5. Sole Voting Power 4,788,858 6. Shared Voting Power 7. Sole Dispositive Power 4,788,858 8. Shared Dispositive Power 9. Aggregate Amount Beneficially Owned by Each Reporting Person 4,788,858 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) 11. Percent of Class Represented by Amount in Row (9) 5.570% 12. Type of Reporting Person (See Instructions) IA Item 1. (a) Name of Issuer GASCO ENERGY INC (b) Address of Issuers Principal Executive Offices 8 INVERNESS DRIVE EAST, SUITE 100 ENGLEWOOD, CO 80112 Item 2. (a) Name of Person Filing PENN CAPITAL MANAGEMENT (b) Address of Principal Business Office or, if none, Residence 457 HADDONFIELD ROAD CHERRY HILL, NJ 08002 (c) Citizenship incorporated by reference to item 4 of the cover page pertaining to each reporting person (d) Title of Class of Securities COMMON STOCK (e) CUSIP Number 367220100 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 of 1940 (15 U.S.C 80a-8). (e) X 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)(1)(ii)(F); (g) A parent holding company or control person in accordance with section 240.13d-1(b)(1)(ii)(G); (h) A savings associations 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)(1)(ii)(J). 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: 4,788,858 (b) Percent of class: 5.570% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote 4,788,858 (ii) Shared power to vote or to direct the vote . (iii) Sole power to dispose or to direct the disposition of . 4,788,858 (iv) Shared power to dispose or to direct the disposition of . Instruction. For computations regarding securities which represent a right to acquire an underlying security see section 240.13d-3(d)(1). 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 []. 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 Item 8. Identification and Classification of Members of the Group NOT APPLICABLE Item 9. Notice of Dissolution of Group NOT APPLICABLE Item 10. Certification 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. 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. January 24, 2007 Date _______________________________ Signature Eric Green, Director of Research & Principal Name/Title -----END PRIVACY-ENHANCED MESSAGE-----