0001193125-12-428879.txt : 20121019 0001193125-12-428879.hdr.sgml : 20121019 20121019172339 ACCESSION NUMBER: 0001193125-12-428879 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20121019 DATE AS OF CHANGE: 20121019 GROUP MEMBERS: JAMIE RAND SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Innovaro, Inc. CENTRAL INDEX KEY: 0001098482 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MANAGEMENT CONSULTING SERVICES [8742] IRS NUMBER: 563603677 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-60235 FILM NUMBER: 121153132 BUSINESS ADDRESS: STREET 1: 2109 PALM AVENUE CITY: TAMPA STATE: FL ZIP: 33605 BUSINESS PHONE: 8137544330 MAIL ADDRESS: STREET 1: 2109 PALM AVENUE CITY: TAMPA STATE: FL ZIP: 33605 FORMER COMPANY: FORMER CONFORMED NAME: UTEK CORP DATE OF NAME CHANGE: 19991105 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: JJJ Family LLLP CENTRAL INDEX KEY: 0001560757 IRS NUMBER: 260697225 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: P.O. BOX 447 CITY: ODESSA STATE: FL ZIP: 33556-0447 BUSINESS PHONE: 813-962-1300 MAIL ADDRESS: STREET 1: P.O. BOX 447 CITY: ODESSA STATE: FL ZIP: 33556-0447 SC 13G 1 d427176dsc13g.htm SCHEDULE 13G Schedule 13G

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

 

 

Innovaro, Inc.

(Name of Issuer)

 

 

Common Stock, $0.01 Par Value

(Title of Class of Securities)

45777T1020

(CUSIP Number)

October 9, 2012

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate 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 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).

 

 

 

CUSIP No. 45777T1020   13G  

 

  1.   

NAMES OF REPORTING PERSONS

 

JJJ Family LLLP

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨        (b)  ¨

 

  3.  

SEC USE ONLY

 

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    Florida

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

    5.    

SOLE VOTING POWER

 

    1,103,915

   6.   

SHARED VOTING POWER

 

    0

   7.   

SOLE DISPOSITIVE POWER

 

    1,103,915

   8.   

SHARED DISPOSITIVE POWER

 

    0

  9.

  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    1,103,915

10.

  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES    ¨

 

11.

  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

    6.86%

12.

  

TYPE OF REPORTING PERSON*

 

    PN

CUSIP No. 45777T1020   13G  

 

  1.   

NAMES OF REPORTING PERSONS

 

Jamie Rand

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(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

 

    1,103,915

   6.   

SHARED VOTING POWER

 

    0

   7.   

SOLE DISPOSITIVE POWER

 

    1,103,915

   8.   

SHARED DISPOSITIVE POWER

 

    0

  9.

  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    1,103,915

10.

  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES    ¨

 

11.

  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

    6.86%

12.

  

TYPE OF REPORTING PERSON*

 

    IN

CUSIP No. 45777T1020

 

Item 1  

(a).

    Name of Issuer:      
     Innovaro, Inc.      
Item 1  

(b).

    Address of Issuer’s Principal Executive Offices:      
    

2109 Palm Avenue

Tampa, Florida 33605

      
Item 2  

(a).

    Name of Persons Filing:      
    

JJJ Family LLLP

Jamie Rand

      
Item 2  

(b).

    Address of Principal Business Office:      
    

P.O. Box 447

Odessa, Florida 33556-0447

      
Item 2  

(c).

    Citizenship:      
    

JJJ Family LLLP – Florida, United States

Jamie Rand – United States

      
Item 2  

(d).

    Title of Class of Securities      
     Common Stock, par value $0.01 per share      
Item 2  

(e).

    CUSIP Number:      
     91759P106      
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.
  (b)    ¨    Bank as defined in Section 3(a)(6) of the Act.
  (c)    ¨    Insurance company as defined in Section 3(a)(19) of the Act.
  (d)    ¨    Investment company registered under Section 8 of the Investment Company Act of 1940.
  (e)    ¨    An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E).
  (f)    ¨    An employee benefit plan or endowment fund in accordance with 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.
  (j)    ¨    Group, in accordance with Section 240.13d-1(b)(1)(ii)(J).

CUSIP No. 45777T1020

 

Item 4.    Ownership      
  

On October 9, 2012, JJJ Family LLLP purchased 531,915 shares of the Issuer’s common stock, and as of such date, held 1,103,915 shares (the “Shares”), or 6.86%, of the Issuer’s outstanding common stock, based upon 16,083,325 shares outstanding as reported in the Issuer’s prospectus supplement filed with the Securities and Exchange Commission on October 1, 2012. JJJ Family LLLP has the sole power to vote and dispose of the Shares.

 

JJJ Family LLLP also holds warrants for the purchase of an aggregate of 531,915 shares of the Issuer’s common stock. Such warrants are not exercisable until March 27, 2013, at which time the warrants are exercisable up to an amount that would result in beneficial ownership by JJJ Family LLLP of no more than 9.99% of the outstanding shares of the Issuer’s common stock.

 

Jamie Rand is also a reporting person by virtue of his control of JJJ Family LLLP. Mr. Rand disclaims all beneficial ownership of the Shares.

   
Item 5.    Ownership of Five Percent or Less of 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 5 percent of the class of securities, check the following  ¨.   
Item 6.    Ownership of More Than 5 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 or Control Person
   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      
   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, other than activities solely in connection with a nomination under 240.14a-11.      

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: October 19, 2012

 

JJJ FAMILY LLLP
By:  

/s/ Jamie Rand

  Name:   Jamie Rand
  Title:   Co-Trustee

JAMIE RAND
By:  

/s/ Jamie Rand

  Name:   Jamie Rand