SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
WEST COAST OPPORTUNITY FUND LLC

(Last) (First) (Middle)
1205 COAST VILLAGE ROAD

(Street)
MONTECITO CA 93108

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
09/12/2012
3. Issuer Name and Ticker or Trading Symbol
GreenHunter Energy, Inc. [ GRH ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 2,450,500 D
Series C Preferred Stock 345,000 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Warrant (1) 01/31/2014 Common Stock 772,500 $1.5 D
Warrant (1) 01/31/2014 Common Stock 772,500 $2.5 D
1. Name and Address of Reporting Person*
WEST COAST OPPORTUNITY FUND LLC

(Last) (First) (Middle)
1205 COAST VILLAGE ROAD

(Street)
MONTECITO CA 93108

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
WEST COAST ASSET MANAGEMENT INC

(Last) (First) (Middle)
1205 COAST VILLAGE ROAD

(Street)
MONTECITO CA 93108

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Lowe R Atticus

(Last) (First) (Middle)
1205 COAST VILLAGE ROAD

(Street)
MONTECITO CA 93108

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Helfert Lance W

(Last) (First) (Middle)
1205 COAST VILLAGE ROAD

(Street)
MONTECITO CA 93108

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. May be exercised at any time
Remarks:
West Coast Asset Management, Inc. (the "Investment Manager") is the investment manager to separately managed accounts, some of which are affilited with the Reporting Persons (the "Accounts"). The Accounts directly own all of the shares reported herein. Atticus Lowe and Lance Helfert serve on the investment committee of teh Investments Manager. Each Reporting Person disclaims beneficial ownership of all securities reported herein, except to teh extent of their pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the shares for purposes of Section 16 of the Securities and Exchange Act or for any other purpose.
/s/ West Coast Opportunity Fund, LLC By: West Coast Asset Management, Inc., its Managing Member /s/ By: Diana Pereira Chief Financial Officer By: Power of Attorney 10/24/2012
West Coast Asset Management, Inc. By Diana Pereira, Chief Financial Officer 10/24/2012
Lance Helfert By: Diana Pereira By: Power of Attorney 10/24/2012
Atticus Lowe By: Diana Pereira By: Power of Attorney 10/24/2012
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.