-----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, MisQ7qdAZEOOgYdQSrDmAHoxMcNt+fwhKEQbyq0ZLFi1nnxtk7vTbiYfR4i1J8B9 kOgPwxipk8s74u1sk0CaKA== 0001140361-10-043026.txt : 20101102 0001140361-10-043026.hdr.sgml : 20101102 20101102102042 ACCESSION NUMBER: 0001140361-10-043026 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20101102 DATE AS OF CHANGE: 20101102 GROUP MEMBERS: PHYLLIS QUASHA SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ARC WIRELESS SOLUTIONS INC CENTRAL INDEX KEY: 0000826326 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATION SERVICES, NEC [4899] IRS NUMBER: 870454148 STATE OF INCORPORATION: UT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-54349 FILM NUMBER: 101156783 BUSINESS ADDRESS: STREET 1: 4860 ROBB STREET STREET 2: SUITE 101 CITY: WHEAT RIDGE STATE: CO ZIP: 80033 BUSINESS PHONE: 3034214063 MAIL ADDRESS: STREET 1: 4860 ROBB STREET STREET 2: SUITE 101 CITY: WHEAT RIDGE STATE: CO ZIP: 80033 FORMER COMPANY: FORMER CONFORMED NAME: ANTENNAS AMERICA INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: WESTFLAG CORP DATE OF NAME CHANGE: 19890511 FORMER COMPANY: FORMER CONFORMED NAME: WESTCLIFF CORP DATE OF NAME CHANGE: 19880224 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Brean Murray Carret Group Inc. CENTRAL INDEX KEY: 0001449359 IRS NUMBER: 000000000 STATE OF INCORPORATION: D8 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: TROPIC ISLE BUILDING STREET 2: P O BOX 3331 CITY: ROAD TOWN TORTOLA STATE: D8 ZIP: VG 1110 BUSINESS PHONE: 212-848-9801 MAIL ADDRESS: STREET 1: TROPIC ISLE BUILDING STREET 2: P O BOX 3331 CITY: ROAD TOWN TORTOLA STATE: D8 ZIP: VG 1110 SC 13D 1 formsc13d.htm BREAN MURRAY CARET GROUP INC SC 13D 10-29-2010 formsc13d.htm


SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

SCHEDULE 13D
(Rule 13d-101)

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)

ARC Wireless Solutions, Inc.
(Name of Issuer)
 
Common Stock, $0.0005 Par Value
(Title of Class of Securities)
 
03878k207
(CUSIP Number)
 
Brean Murray Carret Group Inc.
40 West 57th Street, 20th Floor
New York, New York 10019
(212) 231-3900
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
 
October 29, 2010
(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 o.

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.

(Continued on following pages)
(Page 1 of 9 Pages)

__________
(1)
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).
 


 
Page 1

 
 
CUSIP No. 03878k207
13D
Page 2 of 7 Pages
   
1
NAME OF REPORTING PERSON
 
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
   
 
Brean Murray Carret Group Inc.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 
(a)  o
 
(b)  o
3
SEC USE ONLY
   
4
SOURCE OF FUNDS*
   
 
OO
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
 
o
6
CITIZENSHIP OR PLACE OF ORGANIZATION
   
 
British Virgin Islands
 
7
SOLE VOTING POWER
     
NUMBER OF
 
678,892
SHARES
8
SHARED VOTING POWER
BENEFICIALLY
   
OWNED BY
 
0
EACH
9
SOLE DISPOSITIVE POWER
REPORTING
   
PERSON
 
678,892
WITH
10
SHARED DISPOSITIVE POWER
     
   
0
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
 
678,892
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*  o
   
   
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
 
21.96%
14
TYPE OF REPORTING PERSON*
   
 
CO

*SEE INSTRUCTIONS BEFORE FILLING OUT!

 
Page 2

 
 
CUSIP No. 03878k207
13D
Page 3 of 7 Pages
   
1
NAME OF REPORTING PERSON
 
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
   
 
Phyllis Quasha
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 
(a)  o
 
(b)  o
3
SEC USE ONLY
   
4
SOURCE OF FUNDS*
   
 
N/A
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
 
o
6
CITIZENSHIP OR PLACE OF ORGANIZATION
   
 
Australia
 
7
SOLE VOTING POWER
     
NUMBER OF
 
0
SHARES
8
SHARED VOTING POWER
BENEFICIALLY
   
OWNED BY
 
678,892
EACH
9
SOLE DISPOSITIVE POWER
REPORTING
   
PERSON
 
0
WITH
10
SHARED DISPOSITIVE POWER
     
   
678,892
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
 
678,892
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*  o
   
   
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
 
21.96%
14
TYPE OF REPORTING PERSON*
   
 
IN

*SEE INSTRUCTIONS BEFORE FILLING OUT!

 
Page 3

 
 
CUSIP No. 03878k207
13D
Page 4 of 7 Pages
 

Item 1.
Security and Issuer.

The title of the class of equity securities to which this statement relates  is common stock, $0.0005 par value (the “Common Stock”), of ARC Wireless Solutions, Inc. (the “Issuer”), whose principal executive offices are located at 6330 North Washington Street, Denver, CO 80216.
 

Item 2.
Identity and Background.

This statement on Schedule 13D (the "Statement") is being jointly filed by each of the following persons (being herein collectively referred to as the "Reporting Persons") pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Act"), with respect to the Common Stock: Brean Murray Carret Group Inc., a British Virgin Islands company ("Brean");and Phyllis Quasha ("Quasha").
The Reporting Persons are making a single joint filing pursuant to Rule 13d-1(k)(1) of the Act.

The Reporting Persons are filing this Statement because they may be deemed to be a "group" within the meaning of Section 13(d)(3) of the Act, with respect to the transaction described in Item 4 of this Statement. Except as expressly otherwise set forth in this Statement, each Reporting Person disclaims beneficial ownership of the shares of Common Stock beneficially owned by any other Reporting Person or any other person.

Vicali Services (BVI) Inc.,a British Virgin Islands company ("Vicali"), is the sole director of Brean, and Susan V. Demers,a United States citizen ("Demers"), and Andrea J. Douglas, a citizen of New Zealand ("Douglas"), are the directors of Vicali.  Phyllia Quasha, an Australian citizen, owns all of the capital stock of Brean, as such, is in a position, indirectly, to determine the investmetn and voting positions made by Brean.

The principal business address and principal business or occupation of each Reporting Person is as follows:

Name and Business Address
 
Principal Business or Occupation
     
Brean Murray Carret Group Inc.
 
Investment holding company
Tropic Isle Building
   
P.O. Box 3331
   
Road Town, Tortola
   
British Virgin Islands VG 1110
   
     
Phyllis Quasha
 
Retired
Lyford Suites
   
Suite 12
   
Lyford Cay Club
   
Nassau, New Providence
   
The Bahamas
   
     
Vicali Services (BVI) Inc.
 
Company administration
Tropic Isle Building
   
P.O. Box 3331
   
Road Town, Tortola
   
British Virgin Islands VG 1110
   
     
Susan V. Demers
 
Attorney
Tropic Isle Building
   
P.O. Box 3331
   
Road Town, Tortola
   
British Virgin Islands VG 1110
   
     
Andrea J. Douglas
 
Accountant
Tropic Isle Building
   
P.O. Box 3331
   
Road Town, Tortola
   
British Virgin Islands VG 1110
   

 
Page 4

 
 
CUSIP No. 03878k207
13D
Page 5 of 7 Pages
 
During the past five years, no Reporting Person and, to the knowledge of the Reporting Persons, none of the executive officers or directors of the Reporting Persons, if applicable, has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
 

Item 3.
Source and Amount of Funds or Other Consideration.

As described in Item 5(c) below, Brean Murray purchased 79,403 shares of Common Stock for an aggregate purchase price of $211,075 and financed the purchase through cash on hand.
 

Item 4.
Purpose of Transaction.

The Reporting Persons acquired the shares of Common Stock of the Issuer for general investment purposes. The Reporting Persons will continuously evaluate their ownership of Common Stock and the Issuer's business and industry. Depending on market conditions and other factors that the Reporting Persons may deem material to their investment decision, including the availability of other investment opportunities, each Reporting Person may from time to time acquire additional shares of Common Stock that such Reporting Person now owns or may hereafter acquire.

Without limitation of the foregoing (and consistent with their investment purpose), the Reporting Persons will continue to consider alternative courses of action and will in the future take such actions with respect to their investment in the Issuer as they deem appropriate in light of the circumstances existing from time to time. Such actions, in addition to that discussed above, may include making recommendations to members of management concerning various business strategies, acquisitions, policies, seeking to acquire control of the Issuer through a merger, proxy solicitation, tender offer, significant equity investment, exchange offer or otherwise, or such other actions as the Reporting Persons may deem appropriate.
 

Item 5.
Interest in Securities of the Issuer.

(a) The Reporting Persons may be deemed to be a group according to the rules under the Act, and as such a group, may be deemed to beneficially own an aggregate of 678,892 shares of Common Stock as of October 29, 2010, which was approximatelty 21.96% of the outstanding Common Stock on such date (all computations of the percentage of Common Stock set forth herein are based on a total of 3,091,000 shares of Common Stock outstanding as of August 1, 2010 as reported in the Issuer's 10-Q statement, as filed with the Securities and Exchange COmmission on August 12, 2010). As of October 29, 2010, each Reporting Person beneficially owns the following number of shares of Common Stock:

 
Page 5

 
 
CUSIP No. 03878k207
13D
Page 6 of 7 Pages
 
Name of Filing Person
Shares Beneficially Owned
Percent of Outstanding
     
Brean Murray Carret Group Inc.
678,892
21.96%
     
Phyllis Quasha
678,892
21.96%

(b) Brean is deemed solely to have the power to vote or to direct the vote of, and to dispose or direct the disposition of, the Common Stock beneficially owned by Brean. Because of their relationship to Brean as identified in Item 2 above, each of Quasha, Vicali, Demers and Douglas share voting and dispositive power with regard to the Common Stock owned by Brean and, therefore, may be deemed to have indirect beneficial ownership of the Common Stock owned by Brean.

(c) The following transactions were effective by the identified parties during the 120 days preceding the date of filing of this Schedule 13d:

Reporting Person
Date
Buy/Sell
Number of Shares
Price Per Share
Brean Murray
11-May
Buy
5,486 shares
$ 2.72
Brean Murray
25-May
Buy
10,400 shares
$ 2.71
Brean Murray
21-Jun
Buy
2,610 shares
$ 2.77
Brean Murray
30-Jun
Buy
5,900 shares
$ 2.78
Brean Murray
29-Jul
Buy
4,709 shares
$ 2.75
Brean Murray
17-Aug
Buy
5,212 shares
$ 2.56
Brean Murray
24-Aug
Buy
8,770 shares
$ 2.56
Brean Murray
31-Aug
Buy
12,968 shares
$ 2.65
Brean Murray
7-Sep
Buy
6,539 shares
$ 2.65
Brean Murray
13-Sep
Buy
6,715 shares
$ 2.64
Brean Murray
15-Sep
Buy
5,644 shares
$ 2.66
Brean Murray
20-Sep
Buy
4,400 shares
$ 2.51
Brean Murray
24-Sep
Buy
7,847 shares
$ 2.64
Brean Murray
7-Oct
Buy
7,785 shares
$ 2.64
Brean Murray
22-Oct
Buy
7,588 shares
$ 2.80

The transactions listed above relating to Brean were effected on the NASDAQ Capital Market.
 

Item 6.
Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.
 
Jason Young, an executive officer of the Issuer and representative of Brean, has been appointed by the Reporting Persons to effect the purposes described in Item 4 above. The Reporting Persons may grant Mr.Young proxies to vote the Common Stock held by each Reporting Person in the event a meeting is held as contemplated in Item 4.

Except as described herein, none of the Reporting Persons, and none of the executive officers or directors of the Reporting Persons, has any contracts, arrangements, understandings or relationships (legal or otherwise) with any person with respect to any securities of the Issuer, including but not limited to, transfer or voting of any of the securities of the Issuer, finder's fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies, or a pledge or contingency the occurence of which would give another person voting or vestment power over securities of the Issuer.

 
Page 6

 
 
CUSIP No. 03878k207
13D
Page 7 of 7 Pages
 

Item 7.
Material to be Filed as Exhibits.

Joint Filing Agreement, dated October 29, 2010.

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.

October 29, 2010

BREAN MURRAY CARRET GROUP INC.
By:
Vicali Services (BVI) Inc.
   
Its Director
   
By:
 
Name:
Susan V. Demers
Title:
Director
   
Phyllis Quasha

 
Page 7

EX-1 2 ex1.htm EXHIBIT 1 ex1.htm

Exhibit 1

JOINT FILING AGREEMENT

In accordance with Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned agree to the joint filing of a Statement on Schedule 13D (including any and all amendments thereto) with respect to the shares of Common Stock, $0.0005 par value, of ARC Wireless Solutions, Inc., and further agree that this Joint Filing Agreement be included as an Exhibit thereto.  In addition, each party to this Agreement expressly authorizes each other party to this Agreement to file on its behalf any and all amendments to such Statement.

Dated:  October 29, 2010
   
BREAN MURRAY CARRET GROUP INC.
By:
Vicali Services (BVI) Inc.
Its Director
   
By:
 
Name:
Susan Demers
Title:
Director
   
Phyllis Quasha

Attention.  Intentional  misstatements  or omissions of fact constitute federalcriminal violations (see 18 U.S.C. 1001).
 
 

-----END PRIVACY-ENHANCED MESSAGE-----