-----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, BbCBsr+9+dIa0B0pWJddAgcc6WWf0+Dlb0lIpfxWJLgh/9pPB/4egaHV7M2GxvwA eZivRo7Qef9DiIa1Heh1Yw== 0000935836-11-000070.txt : 20110303 0000935836-11-000070.hdr.sgml : 20110303 20110303125615 ACCESSION NUMBER: 0000935836-11-000070 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20110303 DATE AS OF CHANGE: 20110303 GROUP MEMBERS: RYAN SCHAPER SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: VOLT INFORMATION SCIENCES, INC. CENTRAL INDEX KEY: 0000103872 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-HELP SUPPLY SERVICES [7363] IRS NUMBER: 135658129 STATE OF INCORPORATION: NY FISCAL YEAR END: 1101 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-02933 FILM NUMBER: 11659210 BUSINESS ADDRESS: STREET 1: 560 LEXINGTON AVENUE CITY: NEW YORK STATE: NY ZIP: 10022-2928 BUSINESS PHONE: 2127042400 MAIL ADDRESS: STREET 1: 560 LEXINGTON AVENUE CITY: NEW YORK STATE: NY ZIP: 10022-2928 FORMER COMPANY: FORMER CONFORMED NAME: VOLT INFORMATION SCIENCES INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: VOLT TECHNICAL CORP DATE OF NAME CHANGE: 19680913 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Point Lobos Capital, LLC CENTRAL INDEX KEY: 0001512314 IRS NUMBER: 800406181 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 456 MONTGOMERY ST. STREET 2: 22ND FLOOR CITY: SAN FRANCISCO STATE: CA ZIP: 94104 BUSINESS PHONE: 415-962-1800 MAIL ADDRESS: STREET 1: 456 MONTGOMERY ST. STREET 2: 22ND FLOOR CITY: SAN FRANCISCO STATE: CA ZIP: 94104 SC 13G 1 volt13g.htm volt13g.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 
SCHEDULE 13G
 

 
Under the Securities Exchange Act of 1934
 
(Amendment No. ___________)*
 


Volt Information Sciences, Inc.

(Name of Issuer)


Common Stock

(Title of Class of Securities)


928703107

(CUSIP Number)


February 22, 2011

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[XX]           Rule 13d-1(b)

[XX]           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 the disclosures provided in a prior cover page.

The information required in 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).

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

SEC
 
1

 
CUSIP No. 928703107





 
1.
Names of Reporting Persons.


 
Point Lobos Capital, LLC


 
2.
Check the Appropriate Box if a Member of a Group (See Instructions)

 
(a)
XX

 
(b)
______


 
3.
SEC Use Only
 


 
4.
Citizenship or Place of Organization 
Delaware

Number of
Shares
Beneficially
Owned by
Each Reporting
Person With:
5.           Sole Voting Power                                           -0-
 
6.           Shared Voting Power                                                      1,401,147
 
7.           Sole Dispositive Power                                                      -0-
8.           Shared Dispositive Power                                           1,401,147

 
9.
Aggregate Amount Beneficially Owned by Each Reporting Person1,401,147


 
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
 
Instructions)______


 
11.
Percent of Class Represented by Amount in Row (9) 
6.7%


 
12.
Type of Reporting Person (See Instructions)


IA, OO
 
________
 
________
 

 
2

 
CUSIP No. 928703107





 
1.
Names of Reporting Persons.


 
Ryan Schaper


 
2.
Check the Appropriate Box if a Member of a Group (See Instructions)

 
(a)
XX

 
(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                                           -0-
 
6.           Shared Voting Power                                                      1,401,147
 
7.           Sole Dispositive Power                                                      -0-
8.           Shared Dispositive Power                                           1,401,147

 
9.
Aggregate Amount Beneficially Owned by Each Reporting Person1,401,147


 
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
 
Instructions)______


 
11.
Percent of Class Represented by Amount in Row (9) 
6.7%


 
12.
Type of Reporting Person (See Instructions)


IN
 

 
3

 
CUSIP No. 928703107





 
1.
Names of Reporting Persons.


 
Point Lobos Master Fund, L.P.


 
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                                           -0-
 
6.           Shared Voting Power                                                      1,097,383
 
7.           Sole Dispositive Power                                                      -0-
8.           Shared Dispositive Power                                           1,097,383

 
9.
Aggregate Amount Beneficially Owned by Each Reporting Person1,097,383


 
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
 
Instructions)______


 
11.
Percent of Class Represented by Amount in Row (9) 
5.3%


 
12.
Type of Reporting Person (See Instructions)


PN
 
________
 
________
 

 
4

 
CUSIP No. 928703107



Item 1.

 
(a)
Name of Issuer

 
Volt Information Sciences, Inc.
 
 

 
(b)
Address of Issuer's Principal Executive Offices

 
1065 Avenue of the Americas, New York, NY  10018
 
 

Item 2.

 
(a)
The names of the persons filing this statement are: Point Lobos Capital, LLC (“PLC”), Point Lobos Master Fund, L.P. (“PLMF”) and Ryan Schaper (“Schaper”) (collectively, the "Filers").

 
PLMF is filing this statement jointly with the other Filers, but not as a member of a group and expressly disclaims membership in a group.

 
(b)
The principal business office of the Filers is located at:  456 Montgomery Street, 22nd Floor, San Francisco, CA 94104.

 
(c)
For citizenship of Filers, see Item 4 of the cover sheet for each Filer.

 
(d)
This statement relates to shares of common stock of the Issuer (the "Stock").

 
(e)
The CUSIP number of the Issuer is:  928703107

 
5

 
CUSIP No. 928703107


Item 3.
If this statement is filed pursuant to rule 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

 
(a)
[    ]
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

 
(b)
[    ]
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

 
(c)
[    ]
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

 
(d)
[    ]
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

 
(e)
[XX]
An investment adviser in accordance with section 240.13d-1(b)(1)(ii)(E).

 
(f)
[    ]
An employee benefit plan or endowment fund in accordance with section 240.13d-1(b)(1)(ii)(F).

 
(g)
[    ]
A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G)

 
(h)
[    ]
A savings association as defined in section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813).

 
(i)
[    ]
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3).

 
(j)
[    ]
A non-U.S. institution in accordance with §240.13d-1(b)(ii)(J).

 
(k)
[    ]
Group, in accordance with Rule 13d-1(b)(1)(ii)(K).

If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution _______________________________________________________________.

Item 4.
Ownership.

See Items 5-9 and 11 of the cover page for each Filer.

Item 5.
Ownership of Five Percent or Less of a Class

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following    [     ].

Item 6.
Ownership of More than Five Percent on Behalf of Another Person.

PLC is an investment adviser whose clients, including PLMF, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Stock.  PLC is the General Partner of PLMF.  Schaper is the Manager of PLC.

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.

PLC is an investment adviser whose clients have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Stock.


Item 9.
Notice of Dissolution of Group

Not applicable.

 
Item 10.                      Material to Be Filed as Exhibits
 
Agreement Regarding Joint Filing of Statement on Schedule 13D or 13G.
 
Item 11.
Certification.

The following Certification is made by PLC and Schaper.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

The following Certification is made by PLMF:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

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:           March 2, 2011

Point Lobos Capital, LLC
 
 
By:           Ryan Schaper, Manager
 
 
Ryan Schaper
 
Point Lobos Master Fund, L.P.
 
By:           Point Lobos Capital, LLC, General Partner
 
 
By:           Ryan Schaper, Manager
 


 
6

 
CUSIP No. 928703107


EXHIBIT A

AGREEMENT REGARDING JOINT FILING
OF STATEMENT ON SCHEDULE 13D OR 13G

The undersigned agree to file jointly with the Securities and Exchange Commission (the "SEC") any and all statements on Schedule 13D or Schedule 13G (and any amendments or supplements thereto) required under section 13(d) of the Securities Exchange Act of 1934, as amended, in connection with purchases by the undersigned of the common stock of Volt Information Sciences, Inc..  For that purpose, the undersigned hereby constitute and appoint Point Lobos Capital, LLC, a Delaware limited liability company, as their true and lawful agent and attorney-in-fact, with full power and authority for and on behalf of the undersigned to prepare or cause to be prepared, sign, file with the SEC and furnish to any other person all certificates, instruments, agreements and documents necessary to comply with section 13(d) and section 16(a) of the S ecurities Exchange Act of 1934, as amended, in connection with said purchases, and to do and perform every act necessary and proper to be done incident to the exercise of the foregoing power, as fully as the undersigned might or could do if personally present.



Dated:           March 2, 2011

Point Lobos Capital, LLC
 
 
By:           Ryan Schaper, Manager
 
 
Ryan Schaper
 
Point Lobos Master Fund, L.P.
 
By:           Point Lobos Capital, LLC, General Partner
 
 
By:           Ryan Schaper, Manager
 



 
7

 

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