0001193125-13-034707.txt : 20130201 0001193125-13-034707.hdr.sgml : 20130201 20130201164934 ACCESSION NUMBER: 0001193125-13-034707 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20130201 DATE AS OF CHANGE: 20130201 GROUP MEMBERS: JAMES A. CACIOPPO GROUP MEMBERS: ONE EAST CAPITAL ADVISORS, LP GROUP MEMBERS: ONE EAST PARTNERS OPPORTUNITIES, LP SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MetaStat, Inc. CENTRAL INDEX KEY: 0001404943 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 208753132 STATE OF INCORPORATION: NV FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-83872 FILM NUMBER: 13567313 BUSINESS ADDRESS: STREET 1: 4 AUTUMNWOOD COURT CITY: THE WOODLANDS STATE: TX ZIP: 77380 BUSINESS PHONE: 2813630003 MAIL ADDRESS: STREET 1: 4 AUTUMNWOOD COURT CITY: THE WOODLANDS STATE: TX ZIP: 77380 FORMER COMPANY: FORMER CONFORMED NAME: Photovoltaic Solar Cells, Inc. DATE OF NAME CHANGE: 20070627 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ONE EAST PARTNERS MASTER L.P. CENTRAL INDEX KEY: 0001567510 IRS NUMBER: 205087670 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1212 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: BOUNDARY HALL, CRICKET SQUARE STREET 2: 171 ELGIN AVENUE, PO BOX 1984 CITY: GRAND CAYMAN STATE: E9 ZIP: KY1-1104 BUSINESS PHONE: 212 230 4500 MAIL ADDRESS: STREET 1: 551 MADISON AVENUE, 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 SC 13G 1 d477928dsc13g.htm SCHEDULE 13G Schedule 13G

 

 

Securities and Exchange Commission,

Washington, D.C. 20549

 

 

Schedule 13G

Under the Securities Exchange Act of 1934

(Amendment No.     )*

 

 

MetaStat, Inc.

(Name of Issuer)

Common Stock, par value $0.0001 per share

(Title of Class of Securities)

59140A104

(CUSIP Number)

December 31, 2012

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this 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 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).

 

 

 

CUSIP No. 59140A104    Page 2 of 8

 

  1   

NAMES OF REPORTING PERSONS

 

One East Partners Master, LP

  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

 

    612,501

   7   

SOLE DISPOSITIVE POWER

 

    -0-

   8   

SHARED DISPOSITIVE POWER

 

    612,501

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    612,501

10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  ¨

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

    2.9%

12  

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

    PN

CUSIP No. 59140A104    Page 3 of 8

 

  1   

NAMES OF REPORTING PERSONS

 

One East Partners Opportunities, LP

  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

 

    Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

    5    

SOLE VOTING POWER

 

    -0-

   6   

SHARED VOTING POWER

 

    612,501

   7   

SOLE DISPOSITIVE POWER

 

    -0-

   8   

SHARED DISPOSITIVE POWER

 

    612,501

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    612,501

10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  ¨

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

    2.9%

12  

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

    PN

CUSIP No. 59140A104    Page 4 of 8

 

  1   

NAMES OF REPORTING PERSONS

 

One East Capital Advisors, LP

  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

 

    Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

    5    

SOLE VOTING POWER

 

    -0-

   6   

SHARED VOTING POWER

 

    1,225,002

   7   

SOLE DISPOSITIVE POWER

 

    -0-

   8   

SHARED DISPOSITIVE POWER

 

    1,225,002

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    1,225,002

10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  ¨

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

    5.9%

12  

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

    IA

CUSIP No. 59140A104    Page 5 of 8

 

  1   

NAMES OF REPORTING PERSONS

 

James A. Cacioppo

  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

 

    -0-

   6   

SHARED VOTING POWER

 

    1,225,002

   7   

SOLE DISPOSITIVE POWER

 

    -0-

   8   

SHARED DISPOSITIVE POWER

 

    1,225,002

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    1,225,002

10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  ¨

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

    5.9%

12  

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

    IN

CUSIP No. 59140A104    Page 6 of 8

 

Item 1  

(a)

    Name of issuer:      
     MetaStat, Inc.      
Item 1  

(b)

    Address of issuer’s principal executive offices:      
     8 Hillside Avenue, Suite 207, Montclair, New Jersey 07042      
        2  

(a)

    Name of person filing:      
    

One East Partners Master, LP, a Cayman Islands limited partnership with respect to Common Stock (as defined in Item 2(d) below) and warrants directly owned by it

 

One East Partners Opportunities, LP, a Delaware limited partnership with respect to Common Stock (as defined in Item 2(d) below) and warrants directly owned by it

 

One East Capital Advisors, LP, a Delaware limited partnership, which serves as investment manager to One East Partners Master, LP and One East Partners Opportunities, LP.

 

James A. Cacioppo, with respect to Common Stock and warrants directly owned by each of One East Partners Master, LP and One East Partners Opportunities, LP

      
        2  

(b)

    Address or principal business office or, if none, residence:      
     551 Madison Avenue, New York, NY 10022      
        2  

(c)

    Citizenship:      
     One East Partners Master, LP is organized under the laws of the Cayman Islands. One East Partners Opportunities, LP and One East Capital Advisors, LP are organized under the laws of the State of Delaware. James A. Cacioppo is a United States citizen.      
        2  

(d)

    Title of class of securities:      
     Common Stock, $.0001 par value per share      
        2  

(e)

    CUSIP No.:      
     59140A104      
Item 3.   If this statement is filed pursuant to §§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)    ¨    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 associations 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)(1)(ii)(J);
  (k)    ¨    Group, in accordance with §240.13d–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:             

CUSIP No. 59140A104    Page 7 of 8

 

Item 4.    Ownership      
   One East Capital Advisors, LP and James A. Cacioppo:      
   (a)    Amount beneficially owned: 1,225,002 shares of Common Stock and warrants      
   (b)    Percent of class: 5.9%. The percentages set forth in this Item 4 are calculated based upon the Issuer’s 10-Q for the quarter ended November 30, 2012 filed on January 14, 2013, which states that as of January 14, 2013 there were 21,054,418 shares of common stock outstanding.      
   (c)    Number of shares as to which the person has:      
      (i)    Sole power to vote or to direct the vote -0-.      
      (ii)    Shared power to vote or to direct the vote 1,225,002.      
      (iii)    Sole power to dispose or to direct the disposition of -0-.      
      (iv)    Shared power to dispose or to direct the disposition of 1,225,002.      
Item 5.    Ownership of 5 Percent or Less of a Class.   
   Not applicable   
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.    Certifications      
   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.      

CUSIP No. 59140A104    Page 8 of 8

 

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 1, 2013

 

/s/ James A. Cacioppo
One East Partners Master, LP
Managing Partner of One East Capital Advisors, LP
/s/ James A. Cacioppo
One East Partners Opportunities, LP
Managing Partner of One East Capital Advisors, LP
/s/ James A. Cacioppo
One East Capital Advisors, LP
Managing Partner
/s/ James A. Cacioppo