-----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, H8FS5QsYWPBWZBsbeGGtZD2AX9Yt/TnmMWze6vZROUuEwrimOdP/6JNMJplXpran SDUZIVt5PpaAHyixwq/wWg== 0001079973-08-000186.txt : 20080213 0001079973-08-000186.hdr.sgml : 20080213 20080213154634 ACCESSION NUMBER: 0001079973-08-000186 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080213 DATE AS OF CHANGE: 20080213 GROUP MEMBERS: EUGENE C. MCCOLLEY GROUP MEMBERS: ROARING FORK CAPITAL MANAGEMENT INC GROUP MEMBERS: ROARING FORK CAPITAL MANAGEMENT, LLC, GENERAL PARTNER SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: LPATH, INC CENTRAL INDEX KEY: 0001251769 STANDARD INDUSTRIAL CLASSIFICATION: BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836] IRS NUMBER: 161630142 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-81182 FILM NUMBER: 08604490 BUSINESS ADDRESS: STREET 1: 6335 FERRIS SQUARE STREET 2: SUITE A CITY: SAN DIEGO STATE: CA ZIP: 92121 BUSINESS PHONE: 858-678-0800 MAIL ADDRESS: STREET 1: 6335 FERRIS SQUARE STREET 2: SUITE A CITY: SAN DIEGO STATE: CA ZIP: 92121 FORMER COMPANY: FORMER CONFORMED NAME: LPATH INC DATE OF NAME CHANGE: 20051202 FORMER COMPANY: FORMER CONFORMED NAME: NEIGHBORHOOD CONNECTIONS INC DATE OF NAME CHANGE: 20040323 FORMER COMPANY: FORMER CONFORMED NAME: JCG INC DATE OF NAME CHANGE: 20030702 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Roaring Fork Capital SBIC, L.P. CENTRAL INDEX KEY: 0001310175 IRS NUMBER: 710953148 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 8400 E PRENTICE AVENUE CITY: GREENWOOD VILLAGE STATE: CO ZIP: 80111 BUSINESS PHONE: 303-694-1300 MAIL ADDRESS: STREET 1: 8400 E PRENTICE AVENUE CITY: GREENWOOD VILLAGE STATE: CO ZIP: 80111 SC 13G/A 1 rf_lpath13ga-021208.txt SCHEDULE 13G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G/A Amendment No. 1 Under the Securities Exchange Act of 1934 Lpath, Inc. ----------- (Name of Issuer) Common Stock, $.001 par value ----------------------------- (Title of Class of Securities) 548910 10 8 ----------- (CUSIP Number) December 31, 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 the 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 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. 548910 10 8 (1) Name of Reporting Person and I.R.S. Identification No. of Such Person (entities only)(1) (a) Roaring Fork Capital SBIC, L.P. ("RFLP") Taxpayer I.D. No. 71-0953148 (b) Roaring Fork Capital Management, LLC ("RFLLC") Taxpayer I.D. No. 48-0879110 (c) Eugene C. McColley ("McColley") (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: (a) Delaware, USA (b) Colorado, USA (c) USA Number of Shares (5) Sole Voting Power: 3,923,289(2) Beneficially Owned by Each Reporting (6) Shared Voting Power: 0 Person with: (7) Sole Dispositive Power: 3,923,289(2) (8) Shared Dispositive Power: 0 (1) Joint filing pursuant to Rule 13D-1(k)(1). The record owner of the securities of the Issuer is RFLP. This Statement is also being filed on behalf of RFLLC, which is the sole general partner of RFLP, and McColley, who is the sole Manager of RFLLC and, as a principal of RFLLC, may be deemed to share indirect beneficial ownership of the securities which RFLLC may beneficially own. RFLLC and Mr. McColley disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interests. (2) Consists of 2,521,973 shares of common stock and 1,401,316 shares which may be acquired upon exercise of warrants. (9) Aggregate Amount Beneficially Owned by Each Reporting Person: 3,923,289 (10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) _______ (11) Percent of Class Represented by Amount in Row (9): 8.5% (12) Type of Reporting Person (See Instructions): (a) PN (b) OO (c) IN Item 1. Name and Address of Issuer. (a)(b) Name and address of principal executive offices of Issuer: Lpath, Inc. 6335 Ferris Square, Suite A San Diego, CA 92121 Item 2. Roaring Fork Capital SBIC, L.P. - ------------------------------- (a) Name of person filing: Roaring Fork Capital SBIC, L.P. (b) Residence or Business Address: 5350 S. Roslyn St., Ste. 380 Greenwood Village, CO 80111 (c) Citizenship: Delaware, USA (d) Title and Class of Securities: Common Stock, $.001 par value (e) CUSIP Number: 548910 10 8 Roaring Fork Capital Management, LLC - ------------------------------------ (a) Name of person filing: Roaring Fork Capital Management LLC (b) Residence or Business Address: 5350 S. Roslyn St., Ste. 380 Greenwood Village, CO 80111 (c) Citizenship: Colorado, USA entity (d) Title and Class of Securities: Common Stock, $.001 par value (e) CUSIP Number: 548910 10 8 Eugene C. McColley - ------------------ (a) Name of person filing: Eugene C. McColley (b) Residence or Business Address: 5350 S. Roslyn St., Ste. 380 Greenwood Village, CO 80111 (c) Citizenship: USA (d) Title and Class of Securities: Common Stock, $.001 par value (e) CUSIP Number: 548910 10 8 Item 3. N/A Item 4. Ownership. (a) Amount beneficially owned: 3,923,289 (b) Percent of class: 8.5% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 3,923,289* (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 3,293,289* (iv) Shared power to dispose or to direct the disposition of: 0 __________________ * Consists of 2,521,973 shares of common stock and 1,401,316 shares which may be acquired upon exercise of warrants. Item 5-9. Ownership of Five Percent or Less of a Class N/A Item 10. Certification The following certification shall be included if the statement is filed pursuant to ss.240.13d-1(c): 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. SIGNATURE After reasonable inquiry and to the best of the Reporting Person's knowledge and belief, the Reporting Person certifies that the information set forth in this statement is true, complete and correct. Date: February 12, 2008 ROARING FORK CAPITAL SBIC, L.P. By: Roaring Fork Capital Management, LLC, its general partner By: /s/ Eugene C. McColley ---------------------- Eugene C. McColley Manager ROARING FORK CAPITAL MANAGEMENT, LLC, By: /s/ Eugene C. McColley ---------------------- Eugene C. McColley Manager /s/ Eugene C. McColley ---------------------- Eugene C. McColley, individually -----END PRIVACY-ENHANCED MESSAGE-----