-----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, JhuKOFEDmx30/giAytP8PkEHDBfxMHgep2uTd5KKYSWIWLJUi9Rz23+/RdoHB8UE s4TBQQV6QbwDVpxAlVES2Q== 0001019687-08-004086.txt : 20080910 0001019687-08-004086.hdr.sgml : 20080910 20080909174308 ACCESSION NUMBER: 0001019687-08-004086 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080910 DATE AS OF CHANGE: 20080909 GROUP MEMBERS: DAVID GELBAUM, TRUSTEE GROUP MEMBERS: MONICA CHAVEZ GELBAUM, TRUSTEE GROUP MEMBERS: THE QUERCUS TRUST SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BLUEFIRE ETHANOL FUELS INC CENTRAL INDEX KEY: 0001370489 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL ORGANIC CHEMICALS [2860] IRS NUMBER: 204590982 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-82706 FILM NUMBER: 081063632 BUSINESS ADDRESS: STREET 1: 31 MUSICK CITY: IRVINE STATE: CA ZIP: 92618 BUSINESS PHONE: 949-588-3767 MAIL ADDRESS: STREET 1: 31 MUSICK CITY: IRVINE STATE: CA ZIP: 92618 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Quercus Trust CENTRAL INDEX KEY: 0001403463 IRS NUMBER: 552829330 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 2309 SANTIAGO DRIVE CITY: NEWPORT BEACH STATE: CA ZIP: 92660 BUSINESS PHONE: 310-201-7481 MAIL ADDRESS: STREET 1: 2309 SANTIAGO DRIVE CITY: NEWPORT BEACH STATE: CA ZIP: 92660 SC 13D/A 1 brfe_13da1-121407.txt CUSIP No. 09622L102 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D (AMENDMENT NO. 1) UNDER THE SECURITIES EXCHANGE ACT OF 1934 BLUEFIRE ETHANOL FUELS, INC. (Name of Issuer) Common Stock, par value $0.0001 (Title of Class of Securities) 09622L102 (CUSIP Number) Kathryn Klinedinst, Esq. Greenberg Glusker Fields Claman & Machtinger LLP 1900 Avenue of the Stars, Suite 2100 Los Angeles, CA 90067 (310) 201-7576 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) December 14, 2007 (Date of Event which Requires Filing of this Statement) If the reporting 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 Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-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 Section 240.13d-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 ("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. 09622L102 - -------------------------------------------------------------------------------- 1. Name of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). David Gelbaum, Trustee, The Quercus Trust - -------------------------------------------------------------------------------- 2. Check the Appropriate Box If a Member of a Group (See Instructions) (a) [X] (b) [_] - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Source of Funds (See Instructions) PF - -------------------------------------------------------------------------------- 5. Check If Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [_] - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization U.S. - -------------------------------------------------------------------------------- 7. Sole Voting Power NUMBER OF -0- SHARES ----------------------------------------------------------------- BENEFICIALLY 8. Shared Voting Power OWNED BY 11,607,510 EACH ----------------------------------------------------------------- REPORTING 9. Sole Dispositive Power PERSON -0- WITH ----------------------------------------------------------------- 10. Shared Dispositive Power 11,607,510 - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 11,607,510 - -------------------------------------------------------------------------------- 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) 34.5%(1) - -------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- _______________ (1) Based on 33,617,108 shares of Common Stock, par value $0.001 per share ("Common Stock") outstanding, calculated in accordance with Rule 13d. CUSIP No. 09622L102 - -------------------------------------------------------------------------------- 1. Name of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Monica Chavez Gelbaum, Trustee, The Quercus Trust - -------------------------------------------------------------------------------- 2. Check the Appropriate Box If a Member of a Group (See Instructions) (a) [X] (b) [_] - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Source of Funds (See Instructions) PF - -------------------------------------------------------------------------------- 5. Check If Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [_] - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization U.S. - -------------------------------------------------------------------------------- 7. Sole Voting Power NUMBER OF -0- SHARES ----------------------------------------------------------------- BENEFICIALLY 8. Shared Voting Power OWNED BY 11,607,510 EACH ----------------------------------------------------------------- REPORTING 9. Sole Dispositive Power PERSON -0- WITH ----------------------------------------------------------------- 10. Shared Dispositive Power 11,607,510 - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 11,607,510 - -------------------------------------------------------------------------------- 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) 34.5%(1) - -------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- _______________ (1) Based on 33,617,108 shares of Common Stock, par value $0.001 per share ("Common Stock") outstanding, calculated in accordance with Rule 13d. CUSIP No. 09622L102 - -------------------------------------------------------------------------------- 1. Name of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). The Quercus Trust - -------------------------------------------------------------------------------- 2. Check the Appropriate Box If a Member of a Group (See Instructions) (a) [X] (b) [_] - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Source of Funds (See Instructions) PF - -------------------------------------------------------------------------------- 5. Check If Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [_] - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization U.S. - -------------------------------------------------------------------------------- 7. Sole Voting Power NUMBER OF -0- SHARES ----------------------------------------------------------------- BENEFICIALLY 8. Shared Voting Power OWNED BY 11,607,510 EACH ----------------------------------------------------------------- REPORTING 9. Sole Dispositive Power PERSON -0- WITH ----------------------------------------------------------------- 10. Shared Dispositive Power 11,607,510 - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 11,607,510 - -------------------------------------------------------------------------------- 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) 34.5%(1) - -------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- _______________ (1) Based on 33,617,108 shares of Common Stock, par value $0.001 per share ("Common Stock") outstanding, calculated in accordance with Rule 13d. CUSIP No. 09622L102 Item 1. This Amendment No. 1 to Schedule 13D (this "Amendment No. 1") amends and restates, where indicated, the statement on Schedule 13D relating to the Common Stock of the Issuer filed by The Quercus Trust, David Gelbaum and Monica Chavez Gelbaum (the "Reporting Persons") with the Securities and Exchange Commission on January 4, 2008 (the "Initial Schedule 13D"). Capitalized terms used in this Amendment No. 1 but not otherwise defined herein have the meanings given to them in the Initial Schedule 13D. This Amendment No. 1 is being made to correct the amount and description of shares of Common Stock of the Issuer owned by the Reporting Persons at the time of the filing of the Initial Schedule 13D. Except as otherwise set forth herein, this Amendment No. 1 does not modify any of the information previously reported by the Reporting Persons in the Initial Schedule 13D. Item 5. Interest in Securities of the Issuer (a) As of the date of this Amendment No. 1, each reporting person beneficially owns 11,607,510 shares of Common Stock, which are held of record by the Trust. (b) Each of David Gelbaum and Monica Chavez Gelbaum, acting alone, has the power to exercise voting and investment control over the shares of Common Stock owned by the Trust. (c) In addition to the shares of Common Stock as reported in the Initial Schedule 13D, from January 30, 2007 to October 26, 2007, the Reporting Persons acquired shares of Common Stock in brokered transactions as follows: Date Number of Shares Price Per Share ---- ---------------- --------------- 2007-01-30 100,000 $ 6.0566 2007-03-16 6,200 $ 6.1045 2007-03-19 4,800 $ 6.2464 2007-03-20 50,000 $ 7.0307 2007-03-21 11,200 $ 7.1178 2007-03-26 1,500 $ 6.8127 2007-03-27 1,300 $ 6.9715 2007-03-29 6,400 $ 7.1600 2007-06-22 2,000 $ 6.0100 2007-06-25 7,500 $ 5.7100 2007-06-26 2,500 $ 5.5600 2007-06-26 2,500 $ 5.4900 2007-06-27 3,700 $ 5.6573 2007-06-28 3,000 $ 5.8648 2007-06-29 3,500 $ 6.0498 2007-07-02 1,000 $ 6.0540 2007-07-03 5,000 $ 6.4100 2007-07-05 10,000 $ 6.1760 2007-07-06 2,500 $ 6.1100 2007-07-09 3,000 $ 6.1600 2007-07-10 4,000 $ 6.1100 2007-07-11 2,300 $ 5.9600 2007-07-12 2,500 $ 5.9204 2007-07-13 350 $ 5.9600 2007-07-16 5,000 $ 5.9840 CUSIP No. 09622L102 Date Number of Shares Price Per Share ---- ---------------- --------------- 2007-07-17 500 $ 5.5512 2007-07-18 700 $ 5.7100 2007-07-19 2,000 $ 5.7600 2007-07-20 3,000 $ 5.6700 2007-07-23 2,000 $ 5.7100 2007-07-24 2,000 $ 5.6300 2007-07-25 3,500 $ 5.6100 2007-07-26 3,000 $ 5.5775 2007-07-27 1,500 $ 5.3748 2007-07-30 600 $ 5.4600 2007-07-31 3,300 $ 5.3200 2007-08-01 1,500 $ 5.0400 2007-08-02 5,000 $ 5.1295 2007-08-03 1,550 $ 5.0915 2007-08-06 4,000 $ 4.9788 2007-08-07 15,000 $ 4.7433 2007-08-08 2,000 $ 4.6800 2007-08-09 650 $ 4.6992 2007-08-10 20,350 $ 4.5275 2007-08-13 17,000 $ 4.0387 2007-08-14 17,000 $ 3.6894 2007-08-15 13,000 $ 3.3715 2007-08-16 5,000 $ 3.3600 2007-08-17 10,000 $ 4.3600 2007-08-20 12,500 $ 4.8600 2007-08-21 5,500 $ 5.2100 2007-08-22 12,500 $ 5.5426 2007-08-23 4,000 $ 5.3600 2007-08-24 2,500 $ 5.3100 2007-08-27 2,000 $ 5.0100 2007-08-28 2,500 $ 4.8634 2007-08-29 1,500 $ 4.8933 2007-08-30 1,000 $ 4.8376 2007-08-31 1,000 $ 4.7600 2007-09-04 2,500 $ 4.8257 2007-09-06 2,500 $ 4.5548 2007-09-07 3,000 $ 4.2948 2007-09-10 2,500 $ 4.1774 2007-09-11 1,500 $ 4.2230 2007-09-12 1,000 $ 4.3600 2007-09-13 1,000 $ 4.6600 2007-09-14 400 $ 4.5600 2007-09-17 1,000 $ 4.7600 2007-09-18 2,500 $ 4.7932 2007-09-19 4,000 $ 4.9643 2007-09-20 4,000 $ 5.1036 2007-09-21 3,000 $ 5.1788 2007-09-24 2,100 $ 5.1100 CUSIP No. 09622L102 Date Number of Shares Price Per Share ---- ---------------- --------------- 2007-09-25 3,500 $ 4.9653 2007-09-26 1,250 $ 4.8667 2007-09-27 3,000 $ 5.0100 2007-09-28 1,250 $ 5.0300 2007-10-01 2,000 $ 5.0200 2007-10-02 2,500 $ 4.9912 2007-10-03 4,500 $ 4.8203 2007-10-04 3,000 $ 4.8647 2007-10-05 1,000 $ 5.0000 2007-10-08 1,000 $ 4.8100 2007-10-09 2,500 $ 4.9163 2007-10-10 500 $ 4.8600 2007-10-11 2,000 $ 4.8800 2007-10-12 4,000 $ 4.8200 2007-10-22 500 $ 4.5010 2007-10-23 3,000 $ 4.5100 2007-10-24 1,000 $ 4.4600 2007-10-25 5,000 $ 4.4981 2007-10-26 3,000 $ 4.5523 (d) Not applicable. (e) Not applicable. Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer Pursuant to the Power of Attorney filed as Exhibit "B" to Amendment No. 1 to Schedule 13D filed on August 24, 2007 with respect to the issuer Emcore Corp., David Gelbaum has been appointed as Monica Chavez Gelbaum's Attorney-In-Fact. Item 7. Material to Be Filed as Exhibits Exhibit A: Agreement Regarding Joint Filing of Amendment No. 1 to Schedule 13D. CUSIP No. 09622L102 SIGNATURE After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct and agrees that this statement may be filed jointly with the other undersigned parties. Dated: September 9, 2008 /s/ David Gelbaum ---------------------------------------------- David Gelbaum, Co-Trustee of The Quercus Trust /s/ David Gelbaum, as Attorney-In-Fact for Monica Chavez Gelbaum ---------------------------------------------- Monica Chavez Gelbaum, Co-Trustee of The Quercus Trust /s/ David Gelbaum ---------------------------------------------- The Quercus Trust, David Gelbaum, Co-Trustee of The Quercus Trust CUSIP No. 09622L102 EXHIBIT A AGREEMENT REGARDING JOINT FILING OF AMENDMENT NO. 1 TO SCHEDULE 13D ------------------------------------------------------------------- The undersigned agree that the Amendment No. 1 to Schedule 13D with respect to the Common Stock of Ascent Solar Technologies, Inc. is a joint filing being made on their behalf. Dated: September 9, 2008 /s/ David Gelbaum ---------------------------------------------- David Gelbaum, Co-Trustee of The Quercus Trust /s/ David Gelbaum, as Attorney-In-Fact for Monica Chavez Gelbaum ---------------------------------------------- Monica Chavez Gelbaum, Co-Trustee of The Quercus Trust /s/ David Gelbaum ---------------------------------------------- The Quercus Trust, David Gelbaum, Co-Trustee of The Quercus Trust -----END PRIVACY-ENHANCED MESSAGE-----