0001144204-12-048210.txt : 20120827 0001144204-12-048210.hdr.sgml : 20120827 20120827171837 ACCESSION NUMBER: 0001144204-12-048210 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20120827 DATE AS OF CHANGE: 20120827 GROUP MEMBERS: LANCE W. HELFERT GROUP MEMBERS: PAUL J. ORFALEA GROUP MEMBERS: R. ATTICUS LOWE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: EnerJex Resources, Inc. CENTRAL INDEX KEY: 0000008504 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 880422242 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-82806 FILM NUMBER: 121057833 BUSINESS ADDRESS: STREET 1: 1600 N.E. LOOP 410 STREET 2: STE. 104 CITY: SAN ANTONIO STATE: TX ZIP: 78209 BUSINESS PHONE: 210-451-5545 MAIL ADDRESS: STREET 1: 1600 N.E. LOOP 410 STREET 2: STE. 104 CITY: SAN ANTONIO STATE: TX ZIP: 78209 FORMER COMPANY: FORMER CONFORMED NAME: MILLENNIUM PLASTICS CORP DATE OF NAME CHANGE: 20000525 FORMER COMPANY: FORMER CONFORMED NAME: AURORA CORP DATE OF NAME CHANGE: 19990825 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Montecito Venture Partners LLC CENTRAL INDEX KEY: 0001308037 IRS NUMBER: 680594855 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 1205 COAST VILLAGE ROAD CITY: MONTECITO STATE: CA ZIP: 93108 BUSINESS PHONE: 805-653-5333 MAIL ADDRESS: STREET 1: 1205 COAST VILLAGE ROAD CITY: MONTECITO STATE: CA ZIP: 93108 FORMER COMPANY: FORMER CONFORMED NAME: West Coast Venture Fund LLC DATE OF NAME CHANGE: 20041105 SC 13D/A 1 v322491_sc13da.htm SC 13D/A

 

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

SCHEDULE 13D

 

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO

RULE 13d-2(a)

(Amendment No. 1)*

 

 

EnerJex Resources, Inc.

(Name of Issuer)

 

 

Common Stock, par value $0.001

(Title of Class of Securities)

 

292758208

(CUSIP Number)

 

Montecito Venture Partners, LLC

1205 Coast Village Road

Montecito, California 93108

Attention: R. Atticus Lowe

Telephone: (805) 653-5333

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

 

August 15, 2012

(Date of Event Which Requires Filing of this Statement)

 

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box    ¨ ..

 

Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for other parties to whom copies are to be sent.

 

* 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 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.: 292758208
 
1   NAME OF REPORTING PERSON
    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
     
    Montecito Venture Partners, LLC
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a)  ¨        (b)  ¨
     
3   SEC USE ONLY
     
4   SOURCE OF FUNDS
     
    WC, OO
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or
    2(e)    ¨
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
     
    Delaware

    7   SOLE VOTING POWER -
         
NUMBER OF       0
SHARES   8   SHARED VOTING POWER -
BENEFICIALLY        
OWNED BY       17,352,519      
EACH   9   SOLE DISPOSITIVE POWER -
REPORTING        
PERSON       0
WITH   10   SHARED DISPOSITIVE POWER -
         
        17,352,519

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

17,352,519

12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES   ¨
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
     
    24.9%
14   TYPE OF REPORTING PERSON
     
    OO

 

2
 

 

 
 
CUSIP No.: 292758208
 
1   NAME OF REPORTING PERSON
    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
     
    R. Atticus Lowe
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a)  ¨        (b)  ¨
     
3   SEC USE ONLY
     
4   SOURCE OF FUNDS
     
    AF
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or
    2(e)    ¨
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
     
    United States

    7   SOLE VOTING POWER -
         
NUMBER OF       128,585
SHARES   8   SHARED VOTING POWER -
BENEFICIALLY        
OWNED BY       17,352,519
EACH   9   SOLE DISPOSITIVE POWER -
REPORTING        
PERSON       128,585
WITH   10   SHARED DISPOSITIVE POWER -
         
        17,352,519

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

17,481,104

12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES   ¨
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
     
    25.1%
14   TYPE OF REPORTING PERSON
     
    IN, HC

 

3
 

 

 
 
CUSIP No.: 292758208
 
1   NAME OF REPORTING PERSON
    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
     
    Lance W. Helfert
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a)  ¨        (b)  ¨
     
3   SEC USE ONLY
     
4   SOURCE OF FUNDS
     
    AF
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or
    2(e)    ¨
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
     
    United States

    7   SOLE VOTING POWER -
         
NUMBER OF       53,577
SHARES   8   SHARED VOTING POWER -
BENEFICIALLY        
OWNED BY       17,601,685
EACH   9   SOLE DISPOSITIVE POWER -
REPORTING        
PERSON       53,577
WITH   10   SHARED DISPOSITIVE POWER -
         
        17,601,685

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

17,655,262

12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES   ¨
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
     
    25.1%
14   TYPE OF REPORTING PERSON
     
    IN, HC

 

4
 

 

 
 
CUSIP No.: 292758208
 
1   NAME OF REPORTING PERSON
    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
     
    Paul J. Orfalea
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a)  ¨        (b)  ¨
     
3   SEC USE ONLY
     
4   SOURCE OF FUNDS
     
    AF
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or
    2(e)    ¨
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
     
    United States

    7   SOLE VOTING POWER -
         
NUMBER OF       0
SHARES   8   SHARED VOTING POWER -
BENEFICIALLY        
OWNED BY       17,352,519
EACH   9   SOLE DISPOSITIVE POWER -
REPORTING        
PERSON       0
WITH   10   SHARED DISPOSITIVE POWER -
         
        17,352,519

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

17,352,519

12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES   ¨
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
     
    24.9%
14   TYPE OF REPORTING PERSON
     
    IN, HC

 

5
 

 

 

 

 

The following constitutes Amendment No. 1 to the Schedule 13D filed by the Reporting Persons. This Amendment No. 1 amends the Schedule 13D as specifically set forth below. All other Items are unchanged.

 

ITEM 5. Interest in Securities of the Issuer.

 

(a)           Effective August 15, 2012, Montecito Venture Partners, LLC (MVP) made a liquidating distribution of the Issuer's common stock and Series A Preferred Stock to its members. After this liquidating distribution, the interests of the Reporting Persons are as follows:

 

Reporting Person  Number of Shares of
Common Stock
   Number of Shares of Series
A Preferred Stock
   Percentage of all Issuer's
Outstanding Shares
 
             
MVP   14,934,859    2,417,660    24.9%
Helfert   15,237,602    2,417,660    25.1%
Lowe   15,063,444    2,417,660    25.1%

 

MVP directly owns 14,934,859 shares of common stock and 2,417,660 shares of Series A Preferred Stock, representing 24.9% of all of the Issuer's outstanding shares of common stock. The Principals may be deemed to share (and with each other and not with any third party) voting and/or dispositive power with respect to such shares, and disclaim beneficial ownership of such shares.

 

Helfert directly owns 53,577 shares of common stock, representing 0.1% of all the Issuer’s outstanding shares, and Helfert indirectly owns 15,184,025 shares of common stock, representing 21.7% of the Issuer's outstanding shares, through his ownership interests in MVP, and various ownership interest held by his children and/or trusts.

 

Lowe directly owns 128,585 shares of common stock, representing 0.1% of all the Issuer’s outstanding shares, and Lowe indirectly owns 14,934,859 shares of common stock through MVP, representing 21.6% of all the Issuer’s outstanding shares.

 

Each Reporting Person disclaims beneficial ownership of such shares except to the extent of their pecuniary interests.

 

(b)           The Reporting Persons no longer share amongst themselves voting and/or dispositive power with respect to such shares.

 

MVP has the sole power to vote and dispose of the shares owned by it reported in Item 5(a).

 

Helfert has the sole power to vote and dispose of the 53,577 shares directly owned by him. Helfert may be deemed to share with his children the power to vote and dispose of the 249,166 shares owned by his children, and with MVP the 14,934,859 shares of common stock and 2,417,660 shares of Series A Preferred Stock, indirectly owned through MVP.

 

Lowe has the sole power to vote and dispose of the 128,585 shares directly owned by him. Lowe may be deemed to share the power to vote and dispose of 14,934,859 shares of common stock and 2,417,660 shares of Series A Preferred Stock, indirectly owned through MVP.

 

(c)           Effective August 15, 2012, MVP made a liquidating distribution of 5,685,681 shares of Issuer's common stock and 2,361,800 shares of Series A Preferred Stock to its members. As a result of this distribution, Helfert acquired 53,577 shares directly, 249,166 shares indirectly owned by his children, and with MVP the 14,934,859 shares of common stock and 2,417,660 shares of Series A Preferred Stock, indirectly owned through MVP, and Lowe acquired 128,585 shares of common stock directly and 14,934,859 shares of common stock and 2,417,660 shares of Series A Preferred Stock, indirectly owned through MVP. No consideration (other than the liquidated membership interests) was exchanged in this liquidating distribution.

 

(d)           Not applicable.

 

(e)           Not applicable.

 

6
 

  

ITEM 7. Material to be Filed as Exhibits.

 

Exhibit A – Joint Filing Agreement dated January 10, 2011

 

Exhibit B – Power of Attorney dated January 10, 2011

 

7
 

 

SIGNATURE

 

After reasonable inquiry and to the best of its knowledge and belief, the undersigned each certifies that the information with respect to it set forth in this Statement is true, complete and correct.

 

Dated: August 27, 2012

 

MONTECITO VENTURE  PARTNERS, LLC
R. ATTICUS LOWE
LANCE W. HELFERT
PAUL J. ORFALEA
   
By:   /s/    Diana Pereira
Name:   Diana Pereira
Title:   Attorney-in-fact for each of the Principals and Reporting Person

 

8
 

 

EXHIBIT INDEX

 

Exhibit A – Joint Filing Agreement dated January 10, 2011

 

Exhibit B – Power of Attorney dated January 10, 2011

 

9
 

 

EXHIBIT A

 

JOINT FILING AGREEMENT

 

The undersigned hereby agree that the statement on Schedule 13D with respect to the Common Stock, $0.001 par value, of EnerJex Resources, Inc. is, and any amendments thereto signed by each of the undersigned shall be, filed pursuant to and in accordance with the provisions of Rule 13(d)-1(k) under the Securities Exchange Act of 1934, as amended.

 

Dated: January 10, 2011

 

MONTECITO VENTURE  PARTNERS, LLC
R. ATTICUS LOWE
LANCE W. HELFERT
PAUL J. ORFALEA
   
By:   /s/    Diana Pereira
Name:   Diana Pereira
Title:   Attorney-in-fact for each of the Principals and Reporting Person

 

10
 

 

 

EXHIBIT B

 

POWER OF ATTORNEY

 

BE IT KNOWN, that the undersigned Montecito Venture Partners, LLC, hereby each constitutes and appoints Diana H. Pereira, Paul J. Orfalea, Lance W. Helfert and R. Atticus Lowe, and each of them, as applicable, as true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution in name, place and stead, to sign any reports on Form 3 (Initial Statement of Beneficial Ownership of Securities), Form 4 (Statement of Changes in Beneficial Ownership of Securities) and Form 5 (Annual Statement of Beneficial Ownership of Securities) relating to transactions by the undersigned in Common Shares or other securities and all amendments thereto, and all filings on Schedule 13D or Schedule 13G, and all amendments thereto, and to file the same, with the Securities and Exchange Commission and the appropriate securities exchange, granting unto said attorneys-in-fact and agents, and each of them, or their substitutes, full power and authority to do and perform each and every act and thing requisite or necessary to be done in and about the premises, as fully to all intents and purposes as the undersigned might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, and each of them, or their substitutes, may lawfully do or cause to be done by virtue hereof.

 

This Power of Attorney shall be effective until such time as the undersigned delivers a written revocation thereof to the above-named attorneys-in-fact and agents.

 

The undersigned each acknowledge that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act of 1934.

 

         Montecito Venture Partners, LLC, a Delaware limited liability company
         
Dated: January 10, 2011       By: /s/Atticus R. Lowe
       

Manager

 

11