-----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, Ii2/duV7Or95Zox9cXeRwad9czQVa0/LTgiy8mTViC2K4mRsslBiOR6SwjsfnVUE G9R1qg6mcwDDlZUMQDn/HQ== 0001437749-11-000871.txt : 20110214 0001437749-11-000871.hdr.sgml : 20110214 20110214190338 ACCESSION NUMBER: 0001437749-11-000871 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20110214 DATE AS OF CHANGE: 20110214 GROUP MEMBERS: ERIC S. SWARTZ GROUP MEMBERS: MICHAEL C. KENDRICK GROUP MEMBERS: PROVIDENCE CHRISTIAN FOUNDATION, INC. GROUP MEMBERS: ROSWELL CAPITAL PARTNERS SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ECOTALITY, INC. CENTRAL INDEX KEY: 0001301206 STANDARD INDUSTRIAL CLASSIFICATION: MOTORS & GENERATORS [3621] IRS NUMBER: 680515422 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-82098 FILM NUMBER: 11610157 BUSINESS ADDRESS: STREET 1: 80 E RIO SALADO PARKWAY STREET 2: SUITE 710 CITY: TEMPE STATE: AZ ZIP: 85281 BUSINESS PHONE: (480) 219-5005 MAIL ADDRESS: STREET 1: 80 E RIO SALADO PARKWAY STREET 2: SUITE 710 CITY: TEMPE STATE: AZ ZIP: 85281 FORMER COMPANY: FORMER CONFORMED NAME: ALCHEMY ENTERPRISES, LTD. DATE OF NAME CHANGE: 20040820 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BridgePointe Master Fund, Ltd. CENTRAL INDEX KEY: 0001468962 IRS NUMBER: 980505594 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 1120 SANCTUARY PARKWAY STREET 2: SUITE 325 CITY: ALPHARETTA STATE: GA ZIP: 30009 BUSINESS PHONE: 770-640-8130 MAIL ADDRESS: STREET 1: 1120 SANCTUARY PARKWAY STREET 2: SUITE 325 CITY: ALPHARETTA STATE: GA ZIP: 30009 SC 13G/A 1 ecotality_sc13ga2-021411.htm SCHEDULE 13G/A, AMENDMENT 2 ecotality_sc13ga2-021411.htm
110 
        
CUSIP NO. 01374AJ203
  
13G
  
  

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
SCHEDULE 13G/A
Amendment No. 2

Under the Securities Exchange Act of 1934
 
Ecotality, Inc.
(Name of Issuer)
 
Common Stock, $0.001 par value per share
(Title of Class of Securities)
 
01374J203
(CUSIP Number)
 
December 31, 2010
(Date of Event Which Requires Filing of this Statement)
 
Check the following box to designate the rule pursuant to which the Schedule is filed:

¨ Rule 13d-1(b)

x Rule 13d-1(c)

¨ Rule 13d-1(d)
 
*
  
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).
 
 
1
 
 
         
  1
  
NAMES OF REPORTING PERSONS
    
     
   
            BridgePointe Master Fund Ltd
    
  2
  
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
    
   
(a)  ¨
    
   
(b)  ¨
    
  3
  
SEC USE ONLY
    
         
  4
  
CITIZENSHIP OR PLACE OF ORGANIZATION
    
     
   
            Cayman Islands
    
     
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
  
  5    SOLE VOTING POWER
   
 
                889,363
 
  6    SHARED VOTING POWER
   
 
                958,807
 
  7    SOLE DISPOSITIVE POWER
   
 
                889,363
 
  8    SHARED DISPOSITIVE POWER
   
 
                958,807
         
  9
  
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
    
     
   
           958,807
    
10
  
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
  
x
     
   
            
    
11
  
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
    
     
   
            8.61%
    
12
  
TYPE OF REPORTING PERSON (See Instructions)
    
     
   
            CO
    
 
 
2
 
 
         
  1
  
NAMES OF REPORTING PERSONS
    
     
   
            Roswell Capital Partners, LLC
    
  2
  
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
    
   
(a)  ¨
    
   
(b)  ¨
    
  3
  
SEC USE ONLY
    
         
  4
  
CITIZENSHIP OR PLACE OF ORGANIZATION
    
     
   
            Georgia
    
     
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
  
  5    SOLE VOTING POWER
   
 
                
 
  6    SHARED VOTING POWER
   
 
                958,807
 
  7    SOLE DISPOSITIVE POWER
   
 
                
 
  8    SHARED DISPOSITIVE POWER
   
 
                958,807
         
  9
  
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
    
     
   
                958,807
    
10
  
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
  
x
     
   
            
    
11
  
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
    
     
   
            8.61%
    
12
  
TYPE OF REPORTING PERSON (See Instructions)
    
     
   
            OO
    

 
3
 
 
         
  1
  
NAMES OF REPORTING PERSONS
    
     
   
            Eric S. Swartz
    
  2
  
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
    
   
(a)  ¨
    
   
(b)  ¨
    
  3
  
SEC USE ONLY
    
         
  4
  
CITIZENSHIP OR PLACE OF ORGANIZATION
    
     
   
            United States
    
     
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
  
  5    SOLE VOTING POWER
   
 
                    
 
  6    SHARED VOTING POWER
   
 
                889,363
 
  7    SOLE DISPOSITIVE POWER
   
 
                    
 
  8    SHARED DISPOSITIVE POWER
 
               
 
                889,363
         
  9
  
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
    
     
   
                889,363
    
10
  
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
  
x
     
   
            
    
11
  
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
    
     
   
            8.03%
    
12
  
TYPE OF REPORTING PERSON (See Instructions)
    
     
   
            IN
    
 
 
4
 
 
         
  1
  
NAMES OF REPORTING PERSONS
    
     
   
            Michael C. Kendrick
    
  2
  
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
    
   
(a)  ¨
    
   
(b)  ¨
    
  3
  
SEC USE ONLY
    
         
  4
  
CITIZENSHIP OR PLACE OF ORGANIZATION
    
     
   
            United States
    
     
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
  
  5    SOLE VOTING POWER
   
 
                    
 
  6    SHARED VOTING POWER
   
 
                958,807
 
  7    SOLE DISPOSITIVE POWER
   
 
                    
 
  8    SHARED DISPOSITIVE POWER
 
               
 
                958,807
         
  9
  
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
    
     
   
                958,807
    
10
  
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
  
x
     
   
            
    
11
  
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
    
     
   
            8.61%
    
12
  
TYPE OF REPORTING PERSON (See Instructions)
    
     
   
            IN
    

 
5
 
 
         
  1
  
NAMES OF REPORTING PERSONS
    
     
   
            Providence Christian Foundation, Inc.
    
  2
  
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
    
   
(a)  ¨
    
   
(b)  ¨
    
  3
  
SEC USE ONLY
    
         
  4
  
CITIZENSHIP OR PLACE OF ORGANIZATION
    
     
   
            Georgia
    
     
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
  
  5    SOLE VOTING POWER
   
 
                69,444
 
  6    SHARED VOTING POWER
   
 
                958,807
 
  7    SOLE DISPOSITIVE POWER
   
 
                69,444
 
  8    SHARED DISPOSITIVE POWER
 
               
 
               958,807 
         
  9
  
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
    
     
   
                958,807
    
10
  
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
  
x
     
   
            
    
11
  
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
    
     
   
            8.61%
    
12
  
TYPE OF REPORTING PERSON (See Instructions)
    
     
   
            CO
    
 
 
6
 
 
Item 1
(a)
Name of Issuer:
   
ECOtality, Inc.
  
       
Item 1
(b)
Address of Issuer’s Principal Executive Offices:
   
4 Embarcadero Center
Suite 3720
San Francisco, CA 94111
       
Item 2
(a)
Name of Person Filing:
   
BridgePointe Master Fund Ltd.
Roswell Capital Partners, LLC
Eric S. Swartz
Michael C. Kendrick
Providence Christian Foundation, Inc.
 
Item 2
(b)
Address of Principal Business Offices or, if none, Residence:
   
The principal business address of the reporting persons is : 1120 Sanctuary Parkway, Suite 325, Alpharetta, GA  30009
       
Item 2
(c)
Citizenship
  
   
Reference is made to Item 4 of pages 2 to 6 of this Schedule 13G (this “Schedule”), which Items are incorporated herein by this reference.
       
Item 2
(d)
Title of Class of Securities:
   
Common Stock, $0.001 par value per share
       
Item 2
(e)
CUSIP Number:
   
01374J203
       
Item 3.
If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b), check whether the person filing is a:
 
Not Applicable.
    
       
Item 4.
Ownership.
    
 
(a)
Amount Beneficially Owned:
   
Reference is hereby made to Items 5-9 and 11 of pages 2 to 6 of this Schedule, which Items are incorporated herein by this reference.
 
BridgePointe Master Fund Ltd. was the owner of (i) convertible preferred stock (the “Convertible Preferred”) which were convertible into up to 50,000 shares of the Issuer’s common stock (subject to the Ownership Limitations described in more detail below); (ii) warrants (“Warrants”) to purchase up to 347,222 shares of the Issuer’s common stock (subject to the Ownership Limitations) and 492,141 shares of the Issuer’s common stock.
 
Providence Christian Foundation, Inc. was the owner of warrants to purchase up to 69,444 shares of Common Stock,
 
 
7
 
 
   
Based on 10,666,699 shares of common stock of the Issuer outstanding as of November 12, 2010, as indicated in the Issuer’s Form 10-Q for the quarter ended September 30, 2010 filed with the Securities and Exchange Commission on November 15, 2010, the Reporting Persons currently have the right to acquire up to 958,807 shares of the Issuer’s common stock (inclusive of the number of shares of the Issuer’s common stock held by the Reporting Persons) through the conversion of the Convertible Preferred and/or exercise of the Warrants.
       
   
Roswell Capital Partners, LLC (“RCP”), as investment manager of BridgePointe Master Fund Ltd. and Eric S. Swartz and Michael C. Kendrick, as RCP’s principals and co-owners, may be deemed to beneficially own the securities owned by such accounts, in that they may be deemed to have the same power to direct the voting or disposition of those securities. Michael C. Kendrick and his spouse control Providence Christian Foundation, Inc. ("Providence")  Neither the filing of this Schedule nor any of its contents shall be deemed to constitute an admission that RCP, Eric S. Swartz, Michael C. Kendrick or Providence is, for any purpose, the beneficial owner of any securities to which this Schedule relates (the “Securities”), except as expressly disclosed herein, and each of RCP, Eric S. S wartz,  Michael C. Kendrick and Providence disclaims beneficial ownership as to the Securities, except to the extent of its or his pecuniary interests therein.
       
   
Under the definition of “beneficial ownership” in Rule 13d-3 under the Act, it is also possible that the individual general partners, executive officers, and members of the foregoing entities might be deemed the “beneficial owners” of some or all of the Securities insofar as they may be deemed to share the power to direct the voting or disposition of the Securities. Neither the filing of this Schedule nor any of its contents shall be deemed to constitute an admission that any of such individuals is, for any purpose, the beneficial owner of any of the Securities, and such beneficial ownership is expressly disclaimed.
 
 
(b)
Percent of Class: 8.61%
   
The calculation of percentage of beneficial ownership here and in Item 11 of pages 2 to 6 was based on a total of 11,133,365 shares of common stock  deemed outstanding derived from the Issuer’s Form 10-Q for the quarter ended September 30, 2010 filed with the Securities and Exchange Commission on November 15, 2010, in which the Issuer reported that the current number of shares of its common stock outstanding was 10,666,699 plus, pursuant to Rule 13d-3(d) promulgated under the Securities Exchange Act of 1934, up to an additional 466,666 shares of common stock that BridgePointe Master Fund, Ltd (inclusive of the number of shares of the Issuer’s common stock held by the Reporting Persons) may acquire upon the exercise of a warrant and upon conversion of preferred stock within 60 days of the date of this Schedule.
       
 
(c)
Number of shares as to which such person has:
   
(i)
sole power to vote or to direct the vote:  889,363
       
   
(ii)
shared power to vote or to direct the vote:  958,807
       
   
(iii)
sole power to dispose or to direct the disposition of:  889,363
       
   
(iv)
Shared power to dispose or to direct the disposition of:  958,807
 
 
8
 
 
Item 5.
Ownership of Five Percent or Less of a Class.
 
Not Applicable.
    
       
Item 6.
Ownership of More than Five Percent on Behalf of Another Person.
 
Not Applicable.
    
       
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.
 
Not Applicable.
    
       
Item 8.
Identification and Classification of Members of the Group.
 
Not Applicable.
    
       
Item 9.
Notice of Dissolution of Group.
 
Not Applicable.
    
       
Item 10.
Certification.
    
 
Not Applicable.
    
 
 
9
 
 
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.
 
Dated: February 14, 2011 
Roswell Capital Partners, LLC
 
 
By: /s/ Eric S. Swartz
 
Eric S. Swartz, its Co-Manager
   
   
 
BridgePointe Master Fund Ltd.
 
 
By:  Roswell Capital Partners
        its General Partner
 
 
By: /s/ Eric S. Swartz                            
 
Eric S. Swartz,  its Co-Manager
   
   
 
Eric S. Swartz
 
 
By: /s/ Eric S. Swartz  
 
Eric S. Swartz
   
   
 
Michael C. Kendrick
 
 
By: /s/ Michael C. Kendrick
 
Michael C. Kendrick
   
   
 
Providence Christian Foundation, Inc.
 
 
By: /s/ Michael C. Kendrick
 
Michael C. Kendrick, Trustee
   
   
 
 
10
 
 
EXHIBIT A

AGREEMENT FOR JOINT FILING OF SCHEDULE 13G/A

The undersigned and each other person executing this joint filing agreement (the “Agreement’) agree as follows:

(1) The undersigned and each other person executing this Agreement are individually eligible to use the Schedule 13G to which this Exhibit is attached and such Schedule 13G is filed on behalf of the undersigned and each other person executing this Agreement; and

(2) The undersigned and each other person executing this Agreement are responsible for the timely filing of such Schedule 13G and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of the undersigned or any other person executing this Agreement is responsible for the completeness or accuracy of the information concerning any other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate.

This Agreement may be executed in any number of counterparts, each of which shall be deemed to be an original, but all of which, taken together, shall constitute one and the same instrument.
 
Dated: February 14, 2011 
Roswell Capital Partners, LLC
 
 
By: /s/ Eric S. Swartz
 
Eric S. Swartz, its Co-Manager
   
   
 
BridgePointe Master Fund Ltd.
 
 
By:  Roswell Capital Partners
        its General Partner
 
 
By: /s/ Eric S. Swartz
 
Eric S. Swartz, its Co-Manager
   
   
 
Eric S. Swartz
 
 
By: /s/ Eric S. Swartz  
 
Eric S. Swartz
   
   
 
Michael C. Kendrick
 
 
 By: /s/ Michael C. Kendrick
 
Michael C. Kendrick
 
 
 
Providence Christian Foundation, Inc.
 
 
By: /s/ Michael C. Kendrick
 
Michael C. Kendrick, Trustee
 
 
 
11
 -----END PRIVACY-ENHANCED MESSAGE-----