-----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, KJysxZDCUg8IxMMhG/ljvRBOQwMM0e0WJbuQnDdQrVfWGbON3nhJxwggPtkv7uru SkUWmaSCcqO9uJTxVz3qpw== 0001013762-11-000291.txt : 20110210 0001013762-11-000291.hdr.sgml : 20110210 20110210154736 ACCESSION NUMBER: 0001013762-11-000291 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20110210 DATE AS OF CHANGE: 20110210 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Answers CORP CENTRAL INDEX KEY: 0001283073 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 000000000 FISCAL YEAR END: 0610 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-80429 FILM NUMBER: 11592328 BUSINESS ADDRESS: STREET 1: 237 W. 35TH STREET STREET 2: SUITE 1101 CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 646-502-4777 MAIL ADDRESS: STREET 1: 237 W. 35TH STREET STREET 2: SUITE 1101 CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: GuruNet CORP DATE OF NAME CHANGE: 20050715 FORMER COMPANY: FORMER CONFORMED NAME: GURUNET CORP DATE OF NAME CHANGE: 20040309 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Outboard Investments LTD CENTRAL INDEX KEY: 0001421546 IRS NUMBER: 000000000 STATE OF INCORPORATION: W7 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: BCM CAPE BUILDING, LEEWARD HIGHWAY CITY: PROVIDENCIATES STATE: W7 ZIP: 0000 BUSINESS PHONE: 649-946--4514 MAIL ADDRESS: STREET 1: BCM CAPE BUILDING, LEEWARD HIGHWAY CITY: PROVIDENCIATES STATE: W7 ZIP: 0000 SC 13D/A 1 form13da.htm OUTBOARD INVESTMENTS FORM 13-D/A form13da.htm


 
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
SCHEDULE 13D/A
 
Under The Securities Exchange Act Of 1934
 
Answers Corporation
(Name of Issuer)
 
COMMON STOCK, $0.01 Par Value Per Share
(Title of Class of Securities)
 
(CUSIP Number)
 
Outboard Investments Limited
Att: Hugh G. O’Neill
BCM Cape Building
Leeward Highway
Providenciales, Turks and Caicos
(649)946-4514
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
 
With copies to:
Anslow & Jaclin, LLP
195 Route 9 South, Suite 204
Manalapan, NJ 07726
(732) 409-1212
 
 February 9, 2011
(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 which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), (f) or (g), check the following box o.
 
 
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SCHEDULE 13D
 
(1) NAMES OF REPORTING PERSONS. S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY):
 
Outboard Investments Limited    
                                                     
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
 
 
(a)
o
 
 
(b)
o
 
 
(3) SEC USE ONLY
 
_____________________________________________________________
 
(4) SOURCE OF FUNDS (SEE INSTRUCTIONS)  CF      
 
(5) CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E) o
 
 
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
 
Providenciales, Turks and Caicos                                                              
 
NUMBER OF SHARES BENEFICIALLY OWNED
BY EACH REPORTING PERSON WITH
 
(7)   SOLE VOTING POWER
 
    690,000
 
(8)   SHARED VOTING POWER
 
    0
 
(9)   SOLE DISPOSITIVE POWER
 
    690,000
 
(10) SHARED DISPOSITIVE POWER
 
    0

(11)  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON690,000               
 
(12) CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
  
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)   8.785%                    
  
(14) TYPE OF REPORTING PERSON  CO          
 
 
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ITEM 4. PURPOSE OF TRANSACTION.
 
Item 4 is hereby amended to add the following:

On February 3, 2011, the Issuer issued a press release announcing the execution of an Agreement and Plan of Merger by and among the Issuer, AFCV Holdings, LLC, a Delaware limited liability company (“AFCV”), and A-Team Acquisition Sub, Inc., an indirect wholly owned subsidiary of AFCV and a Delaware corporation, pursuant to which the Issuer agreed to be acquired for total cash consideration of approximately $127 million.  The Reporting Person believes that the total value of consideration offered is materially inadequate given what the Reporting Person believes to be the true fair market value of the Issuer.

Depending upon overall market conditions and other investment opportunities available to the Reporting Persons, the Reporting Person may take such action as they deem appropriate, including but not limited to the purchase of additional shares of Common Stock or the disposition of all or a portion of the shares of Common Stock that the Reporting Person presently owns or may acquire, in public or private transactions.  Depending on overall market conditions and other factors yet to be determined, the Reporting Person may also consider leading or joining an offer for the purchase of all outstanding shares of the Issuer.

The Reporting Person does not have any present plan or proposal which would relate to or result in any of the matters set forth in subparagraphs (a) - (j) of Item 4 of Schedule 13D except as set forth herein or such as would occur upon completion of any of the actions discussed above, but they may at any time reconsider their position and formulate any such plans or proposals.
 
 
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.
 
Date: February 9, 2011 
 
 
Signature:
 
 
 
By: /s/ Hugh G O’Neil
      Hugh G. O’Neill
      Managing Member
 
 
 
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