-----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, OC9UA9e7mggorwKaJymDtKAIeB6GP3yEPlWbTQkS7EeoMahW2vOCy/wDEzNDaVLL WxHl08CraYk9hCw+/rdlHQ== 0000950123-09-029662.txt : 20090804 0000950123-09-029662.hdr.sgml : 20090804 20090804170621 ACCESSION NUMBER: 0000950123-09-029662 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20090804 DATE AS OF CHANGE: 20090804 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ROSS HARRY CENTRAL INDEX KEY: 0001272035 FILING VALUES: FORM TYPE: SC 13G SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: COMPREHENSIVE CARE CORP CENTRAL INDEX KEY: 0000022872 STANDARD INDUSTRIAL CLASSIFICATION: HOSPITAL & MEDICAL SERVICE PLANS [6324] IRS NUMBER: 952594724 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-19482 FILM NUMBER: 09984464 BUSINESS ADDRESS: STREET 1: 3405 W. DR. MARTIN LUTHER KING JR. BLVD. STREET 2: SUITE 101 CITY: TAMPA STATE: FL ZIP: 33607 BUSINESS PHONE: 813-288-4808 MAIL ADDRESS: STREET 1: 3405 W. DR. MARTIN LUTHER KING JR. BLVD. STREET 2: SUITE 101 CITY: TAMPA STATE: FL ZIP: 33607 FORMER COMPANY: FORMER CONFORMED NAME: NEURO PSYCHIATRIC & HEALTH SERVICES DATE OF NAME CHANGE: 19730501 FORMER COMPANY: FORMER CONFORMED NAME: NEURO PSYCHIATRIC & HEALTH SERVICES INC DATE OF NAME CHANGE: 19700402 FORMER COMPANY: FORMER CONFORMED NAME: JADE OIL CO DATE OF NAME CHANGE: 19700402 SC 13G 1 g20029sc13g.htm SCHEDULE 13G sc13g

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. )*

Comprehensive Care Corporation
(Name of Issuer)
Common Stock
(Title of Class of Securities)
204620-20-7
(CUSIP Number)
July 31, 2009
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

     o Rule 13d-1(b)

     þ Rule 13d-1(c)

     o 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.
 
204620-20-7 
 

 

           
1   NAMES OF REPORTING PERSONS
Harry Ross
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States of America
       
  5   SOLE VOTING POWER
     
NUMBER OF   2,400,0001
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   2,400,0001
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    0
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  2,400,0001
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  5.9%1
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  IN
1 Includes 800,000 shares that may be acquired upon conversion of a $200,000 convertible promissory note.

2


 

                     
CUSIP No.
 
204620-20-7 
 
Item 1(a).   Name of Issuer:
Comprehensive Care Corporation
Item 1(b).   Address of Issuer’s Principal Executive Offices:
3405 W. Dr. Martin Luther King, Jr. Blvd., Suite 101
Tampa, Florida 33607
Item 2(a).   Name of Person Filing:
Harry Ross
Item 2(b).   Address of Principal Business Office or, if none, Residence:
3622 Reeves Road
Ojai, California 93023
Item 2(c).   Citizenship:
United States of America
Item 2(d).   Title of Class of Securities:
Common Stock
Item 2(e).   CUSIP Number:
204620-20-7
Item 3.   If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:
Not Applicable.
  (a) o  Broker or dealer registered under Section 15 of the Act.
 
  (b) o  Bank as defined in Section 3(a)(6) of the Act.
 
  (c) o  Insurance company as defined in Section 3(a)(19) of the Act.

 

3


 

  (d) o  Investment company registered under Section 8 of the Investment Company Act of 1940.
 
  (e) o  An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
 
  (f) o  An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
 
  (g) o  A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
 
  (h) o  A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
 
  (i) o  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;
 
  (j) o  Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

 

4


 

Item 4.   Ownership (as of July 31, 2009)
  (a)   Amount Beneficially Owned: 2,400,000
 
  (b)   Percent of Class: 5.9%
Explanatory Note: On September 5, 2008, Mr. Ross filed a Schedule 13D to report beneficial ownership of 2,000,000 shares of Common Stock of the Issuer, or 22.7% of the outstanding shares of Common Stock, which included 800,000 shares issuable upon the conversion of a $200,000 Convertible Promissory Note (the “Note”) purchased from the Issuer by Mr. Ross. The Note is convertible, in whole or in part, into Common Stock of the Issuer at any time at the rate of $0.25 per share. Subsequent to September 3, 2008, but prior to February 26, 2009, the Issuer issued additional shares of Common Stock to investors other than Mr. Ross, resulting in Mr. Ross’ beneficial ownership percentage decreasing to 8.4%. On February 26, 2009, pursuant to a subscription agreement, Mr. Ross purchased an additional 400,000 shares of Common Stock, bringing the total number of shares of Common Stock beneficially owned by Mr. Ross to 2,400,000, or 9.9%. Subsequent to February 26, 2009, the Issuer issued additional shares of Common Stock to investors other than Mr. Ross, such that as of July 31, 2009, Mr. Ross beneficially owns 5.9% of the outstanding shares of Common Stock. Applicable percentage of beneficial ownership of 5.9% is based on the sum of 39,739,089 shares of Common Stock outstanding as of July 31, 2009 and 800,000 shares of Common Stock beneficially owned by Mr. Ross through his ownership of the Note, in accordance with Rule 13d-3(d)(1) under the Securities Exchange Act of 1934, as amended. Given that Mr. Ross now beneficially owns less than 20% of the outstanding shares of Common Stock, he has elected to report his holdings on this Schedule 13G and not on a Schedule 13D.
  (c)   Number of shares as to which such person has:
  (i)   Sole power to vote or to direct the vote:
 
      2,400,000
 
  (ii)   Shared power to vote or to direct the vote:
 
      0
 
  (iii)   Sole power to dispose or to direct the disposition of:
 
      2,400,000
 
  (iv)   Shared power to dispose or to direct the disposition of:
 
      0
Item 5.   Ownership of Five Percent or Less of a Class.
N/A
Item 6.   Ownership of More than Five Percent on Behalf of Another Person.
N/A

 

5


 

Item 7.   Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
N/A
Item 8.   Identification and Classification of Members of the Group.
N/A
Item 9.   Notice of Dissolution of Group.
N/A
Item 10.   Certification.
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 my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
     
July 31, 2009
 
Dated
    
 
   
/s/ Harry Ross
 
Signature
    
 
   
Harry Ross
 
Name/Title
    

 

6

-----END PRIVACY-ENHANCED MESSAGE-----