0001447387-12-000009.txt : 20120213 0001447387-12-000009.hdr.sgml : 20120213 20120213171845 ACCESSION NUMBER: 0001447387-12-000009 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20120213 DATE AS OF CHANGE: 20120213 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CANNELL J CARLO CENTRAL INDEX KEY: 0001287649 FILING VALUES: FORM TYPE: SC 13G MAIL ADDRESS: STREET 1: 1315 S. HWY 89, SUITE 203 STREET 2: P.O. BOX 3459 CITY: JACKSON STATE: WY ZIP: 83001 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MULTIBAND CORP CENTRAL INDEX KEY: 0000732412 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 411255001 STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-36987 FILM NUMBER: 12600359 BUSINESS ADDRESS: STREET 1: 9449 SCIENCE CENTER DR CITY: NEW HOPE STATE: MN ZIP: 55428 BUSINESS PHONE: 6125043000 MAIL ADDRESS: STREET 1: 9449 SCIENCE CENTER DRIVE CITY: NEW HOPE STATE: MN ZIP: 55428 FORMER COMPANY: FORMER CONFORMED NAME: MULTIBAND INC DATE OF NAME CHANGE: 20040716 FORMER COMPANY: FORMER CONFORMED NAME: VICOM INC DATE OF NAME CHANGE: 20040709 FORMER COMPANY: FORMER CONFORMED NAME: MULTIBAND INC DATE OF NAME CHANGE: 20040707 SC 13G 1 mbnd020212.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. )* MULTIBAND CORPORATION ------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK ------------------------------------------------------------------------------- (Title of Class of Securities) 62544x209 --------------------------------- (CUSIP Number) February 2, 2012 ------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule 13G 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. 62544x209 .......................... ------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON: I.R.S. Identification Nos. of above persons (entities only): J. Carlo Cannell ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- 3 SEC USE ONLY ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION USA ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON 5 SOLE VOTING POWER: 1,151,752* 6 SHARED VOTING POWER: 0* 7 SOLE DISPOSITIVE POWER: 1,151,752* 8 SHARED DISPOSITIVE POWER: 0* ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,151,752* ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.3%* ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON IN ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- * As of February 2, 2012 (the "Reporting Date"), Anegada Master Fund, Ltd ("Anegada"), The Cuttyhunk Master Portfolio ("Cuttyhunk"), Optima Ucits Umbrella Pls ("Ucits") and Tonga Partners L.P. ("Tonga" and collectively with Anegada, Cuttyhunk and Ucits, the "Funds") owned in the aggregate 1,151,752 shares of common stock, no par value per share (the "Shares"), of MULTIBAND CORPORATION (the "Company"). Cannell Capital LLC acts as the investment adviser to Anegada, the investment sub-advisor to Cuttyhunk and Ucits and is the general partner of and investment adviser to Tonga. Mr. J. Carlo Cannell is the sole managing member of Cannell Capital LLC. As a result, Mr. Cannell possesses the sole power to vote and to direct the disposition of the securities held by the Funds. Thus, as of the Reporting Date, for the purposes of Reg. Section 240.13d-3, Mr.Cannell is deemed to beneficially own 1,151,752 Shares, or approximately 5.3% of the Shares deemed issued and outstanding as of the Reporting Date. Item 1(a). Name of Issuer: MULTIBAND CORPORATION Item 1(b). Address of Issuer's Principal Executive Offices: 9449 Science Center Drive New Hope, Minnesota 55428 Item 2(a). Name of Person Filing: J. Carlo Cannell Item 2(b). Address of Principal Business Office or if none, Residence: P.O. Box 3459 Jackson, WY 83001 Item 2(c). Citizenship: United States Item 2(d). Title of Class of Securities: Common Item 2(e). CUSIP Number: 62544x209 Item 3. Not Applicable. Item 4. Ownership: (a) Amount Beneficially Owned: 1,151,752 (b) Percent of Class: 5.3% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 1,151,752 (ii) shared power to vote or to direct the vote: 0* (iii) sole power to dispose or to direct the disposition of: 1,151,752 (iv) shared power to dispose or to direct the disposition of: 0* 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 securities, check the following | | Item 6. Ownership of More than Five Percent on Behalf of Another Person: Not Applicable. * As of February 2, 2012 (the "Reporting Date"), Anegada Master Fund, Ltd ("Anegada"), The Cuttyhunk Master Portfolio ("Cuttyhunk"), Optima Ucits Umbrella Pls ("Ucits") and Tonga Partners L.P. ("Tonga" and collectively with Anegada, Cuttyhunk and Ucits, the "Funds") owned in the aggregate 1,151,752 shares of common stock, no par value per share (the "Shares"), of MULTIBAND CORPORATION (the "Company"). Cannell Capital LLC acts as the investment adviser to Anegada, the investment sub-advisor to Cuttyhunk and Ucits and is the general partner of and investment adviser to Tonga. Mr. J. Carlo Cannell is the sole managing member of Cannell Capital LLC. As a result, Mr. Cannell possesses the sole power to vote and to direct the disposition of the securities held by the Funds. Thus, as of the Reporting Date, for the purposes of Reg. Section 240.13d-3, Mr.Cannell is deemed to beneficially own 1,151,752 Shares, or approximately 5.3% of the Shares deemed issued and outstanding as of the Reporting Date. Item 7. Identification and Classification of Subsidiary Which Acquired the Securities: Not Applicable. Item 8. Identification and Classification of Members of the Group: Not Applicable. Item 9. Notice of Dissolution of Group: Not Applicable. * As of February 2, 2012 (the "Reporting Date"), Anegada Master Fund, Ltd ("Anegada"), The Cuttyhunk Master Portfolio ("Cuttyhunk"), Optima Ucits Umbrella Pls ("Ucits") and Tonga Partners L.P. ("Tonga" and collectively with Anegada, Cuttyhunk and Ucits, the "Funds") owned in the aggregate 1,151,752 shares of common stock, no par value per share (the "Shares"), of MULTIBAND CORPORATION (the "Company"). Cannell Capital LLC acts as the investment adviser to Anegada, the investment sub-advisor to Cuttyhunk and Ucits and is the general partner of and investment adviser to Tonga. Mr. J. Carlo Cannell is the sole managing member of Cannell Capital LLC. As a result, Mr. Cannell possesses the sole power to vote and to direct the disposition of the securities held by the Funds. Thus, as of the Reporting Date, for the purposes of Reg. Section 240.13d-3, Mr.Cannell is deemed to beneficially own 1,151,752 Shares, or approximately 5.3% of the Shares deemed issued and outstanding as of the Reporting Date. 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. February 13, 2012 J. CARLO CANNELL /s/ J. Carlo Cannell ---------------------- J. Carlo Cannell