0001325533-13-000005.txt : 20130220 0001325533-13-000005.hdr.sgml : 20130220 20130220165434 ACCESSION NUMBER: 0001325533-13-000005 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20130220 DATE AS OF CHANGE: 20130220 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: R F INDUSTRIES LTD CENTRAL INDEX KEY: 0000740664 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC CONNECTORS [3678] IRS NUMBER: 880168936 STATE OF INCORPORATION: NV FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-36926 FILM NUMBER: 13627464 BUSINESS ADDRESS: STREET 1: 7610 MIRAMAR RD STREET 2: BLDG 6000 CITY: SAN DIEGO STATE: CA ZIP: 92126-2313 BUSINESS PHONE: 8585496340 MAIL ADDRESS: STREET 1: 7620 MIRAMAR RD #4100 STREET 2: 7620 MIRAMAR RD #4100 CITY: SAN DIEGO STATE: CA ZIP: 92126-4202 FORMER COMPANY: FORMER CONFORMED NAME: CELLTRONICS INC DATE OF NAME CHANGE: 19910204 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Red Oak Partners, LLC CENTRAL INDEX KEY: 0001325533 IRS NUMBER: 020673129 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 304 PARK AVE SOUTH STREET 2: 11TH FL CITY: NEW YORK STATE: NY ZIP: 10010 BUSINESS PHONE: 212-614-8952 MAIL ADDRESS: STREET 1: 304 PARK AVE SOUTH STREET 2: 11TH FL CITY: NEW YORK STATE: NY ZIP: 10010 SC 13D/A 1 rfil2013022013da3.htm MacPac 8.0 Normal template


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


SCHEDULE 13D


Under the Securities Exchange Act of 1934

(Amendment No.  3)*


RF Industries, Ltd.

(Name of Issuer)


Common Stock, $0.01 Par Value

(Title of Class of Securities)


749552105

(CUSIP Number)


RED OAK PARTNERS, LLC

Attn: David Sandberg

304 Park Ave. South, 11th Floor

New York, NY 10010

(212) 614-8952

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



                                       February 15, 2013                                    

(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 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 (“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. 749552105




1

NAME OF REPORTING PERSONS

David Sandberg

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

(a) ☐
(b) ☐

3

SEC USE ONLY


4

SOURCE OF FUNDS (See Instructions)

AF

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

6

CITIZENSHIP OR PLACE OF ORGANIZATION

United States

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

7

SOLE VOTING POWER

8

SHARED VOTING POWER

497,602

9

SOLE DISPOSITIVE POWER

10

SHARED DISPOSITIVE POWER

497,602

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

497,602

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

       6.90%1

14

TYPE OF REPORTING PERSON (See Instructions)

IN





CUSIP No. 749552105




1

NAME OF REPORTING PERSONS

Red Oak Partners, LLC

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

(a) ☐
(b) ☐

3

SEC USE ONLY


4

SOURCE OF FUNDS (See Instructions)

AF

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

6

CITIZENSHIP OR PLACE OF ORGANIZATION

New York

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

7

SOLE VOTING POWER

8

SHARED VOTING POWER

497,602

9

SOLE DISPOSITIVE POWER

10

SHARED DISPOSITIVE POWER

497,602

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

497,602

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

6.90%1

14

TYPE OF REPORTING PERSON (See Instructions)

OO





CUSIP No. 749552105




1

NAME OF REPORTING PERSON


The Red Oak Fund, L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

(a) ☐
(b) ☐

3

SEC USE ONLY


4

SOURCE OF FUNDS (See Instructions)

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

6

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

7

SOLE VOTING POWER

8

SHARED VOTING POWER

297,977

9

SOLE DISPOSITIVE POWER

10

SHARED DISPOSITIVE POWER

297,977

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

297,977

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

4.13%1

14

TYPE OF REPORTING PERSON (See Instructions)

PN





CUSIP No. 749552105




1

NAME OF REPORTING PERSON


Pinnacle Partners, LLC

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

(a) ☐
(b) ☐

3

SEC USE ONLY


4

SOURCE OF FUNDS (See Instructions)

AF

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

6

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

7

SOLE VOTING POWER

8

SHARED VOTING POWER

199,625

9

SOLE DISPOSITIVE POWER

10

SHARED DISPOSITIVE POWER

199,625

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

199,625

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

2.77%1

14

TYPE OF REPORTING PERSON (See Instructions)

OO


 





CUSIP No. 749552105




1

NAME OF REPORTING PERSON


Pinnacle Fund, LLLP

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

(a) ☐
(b) ☐

3

SEC USE ONLY


4

SOURCE OF FUNDS (See Instructions)

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

6

CITIZENSHIP OR PLACE OF ORGANIZATION

Colorado

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

7

SOLE VOTING POWER

8

SHARED VOTING POWER

199,625

9

SOLE DISPOSITIVE POWER

10

SHARED DISPOSITIVE POWER

199,625

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

199,625

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

2.77%1

14

TYPE OF REPORTING PERSON (See Instructions)

PN








This Amendment No. 3 (“Amendment No. 3”) to Schedule 13D amends and supplements the statement on Schedule 13D originally filed by Red Oak Partners, LLC (the “Reporting Persons”) on December 20, 2010, as amended by amendment 1 and 2 (as amended, the “Schedule 13D”) relating to the common stock, par value $.01 per share (the “Common Stock”), of RF Industries, Ltd., a Nevada corporation (the “Issuer”).  The principal executive offices of the Issuer are located at 7610 Miramar Road, Building 6000, San Diego, CA 92126.  Except as specifically amended and supplemented by this Amendment No. 3, all other provision of the Schedule 13D remain in full force and effect.  Unless otherwise indicated, each capitalized term used but not defined herein shall have the meaning assigned to such term in the Schedule 13D.


Item 5.  Interest in Securities of the Issuer.


(a)

The aggregate percentage of the Company’s outstanding shares of Common Stock reported owned by each Reporting Person is based on 7,215,020 shares of common stock outstanding at January 14, 2013, as reported by the Company on its 10-K for the fiscal year ended October 31, 2012.  Each Reporting Person disclaims beneficial ownership with respect to any shares of Common Stock other than the shares owned directly and of record by such Reporting Person.


Red Oak Partners beneficially owns 497,602 shares of Common Stock, representing 6.90% of all the outstanding shares of Common Stock.  The Funds are each controlled by Red Oak Partners.  Therefore, Red Oak Partners may be deemed to beneficially own (i) the 297,977 shares of Common Stock held by Red Oak Fund, and (ii) the 199,625 shares of Common Stock held by Pinnacle Fund.


Mr. Sandberg beneficially owns 497,602 shares of Common Stock, representing 6.90% of all the outstanding shares of Common Stock.  Mr. Sandberg, as the managing member of Red Oak Partners may be deemed to beneficially own the 497,602 shares of Common Stock beneficially owned by Red Oak Partners through the Funds.


Red Oak Fund may be deemed to beneficially own 297,977 shares of Common Stock, representing 4.13% of all the outstanding shares of Common Stock.  Pinnacle Fund may be deemed to beneficially own 199,625 shares of Common Stock, representing 2.77% of all the outstanding shares of Common Stock.


(b)

Each of Red Oak Partners and Mr. Sandberg may be deemed to have shared voting and dispositive power with respect to (i) the 297,977 shares of Common Stock held by Red Oak Fund, and (ii) the 199,625 shares of Common Stock held by Pinnacle Fund.  No Fund shares with any other Fund voting or dispositive power with respect to the shares such Fund beneficially owns.


(c)

Transactions by the Reporting Persons effected in Common Stock that have taken place in the last sixty days are attached as Exhibit A.


(d)

Not applicable.


(e)

Not applicable.


Item 7.  Material to be Filed as Exhibits.

Exhibit A – Transactions in Company’s Common Stock







SIGNATURE

After reasonable inquiry and to best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: February 20, 2013




By:

/s/ David Sandberg

Name:

David Sandberg



RED OAK PARTNERS, LLC


By:

/s/ David Sandberg

Name:

David Sandberg

Title:

Managing Member



THE RED OAK FUND, L.P.


By:

RED OAK PARTNERS, LLC,

its general partner


By:

/s/ David Sandberg

Name:

David Sandberg

Title:

Managing Member




PINNACLE PARTNERS, LLC


By:

RED OAK PARTNERS, LLC,

its managing member


By:

/s/ David Sandberg

Name:

David Sandberg

Title:

Managing Member



PINNACLE FUND, LLLP


By:

PINNACLE PARTNERS, LLC,

its general partner


By:

/s/ David Sandberg

Name:

David Sandberg

Title:

Managing Member

Footnotes

1 Based on 7,215,020 shares of common stock outstanding at January 14, 2013, as reported by the Company on its 10-K for the fiscal year ended October 31, 2012.





EX-99.1 CHARTER 2 rfil2013022013da3exhibita.htm EXHIBIT A Converted by EDGARwiz



Red Oak Partners, LLC


TRANSACTIONS WITH RESPECT TO THE COMPANY'S COMMON STOCK

 

 

 

 

 

Trade Date

Fund Name

Txn Type

Quantity

Price Per Share

1/24/2013

The Red Oak Fund, L.P.

Sold

6,050

5.9864

1/24/2013

The Pinnacle Fund, LLP

Sold

4,050

5.9864

1/25/2013

The Red Oak Fund, L.P.

Sold

9,135

5.8743

1/25/2013

The Pinnacle Fund, LLP

Sold

6,115

5.8743

2/7/2013

The Red Oak Fund, L.P.

Sold

5,990

5.8080

2/7/2013

The Pinnacle Fund, LLP

Sold

4,010

5.8080

2/8/2013

The Red Oak Fund, L.P.

Sold

3,894

5.8216

2/8/2013

The Pinnacle Fund, LLP

Sold

2,606

5.8216

2/11/2013

The Red Oak Fund, L.P.

Sold

3,723

5.8873

2/11/2013

The Pinnacle Fund, LLP

Sold

2,492

5.8873

2/13/2013

The Red Oak Fund, L.P.

Sold

4,758

5.8434

2/13/2013

The Pinnacle Fund, LLP

Sold

3,185

5.8434

2/14/2013

The Red Oak Fund, L.P.

Sold

1,198

5.8675

2/14/2013

The Pinnacle Fund, LLP

Sold

802

5.8675

2/15/2013

The Red Oak Fund, L.P.

Sold

8,985

5.8937

2/15/2013

The Pinnacle Fund, LLP

Sold

6,015

5.8937

2/19/2013

The Red Oak Fund, L.P.

Sold

44,326

6.0515

2/19/2013

The Pinnacle Fund, LLP

Sold

29,674

6.0515