-----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, Aigd5v2ENHSco1fIb8aZ8L+NYG4p9Qlc/IqH3kPhdSphX2ygHDTvNhtBDdhXMKba 3eF/v4FdOiIf59nIO7BKaA== 0001116679-04-000311.txt : 20040225 0001116679-04-000311.hdr.sgml : 20040225 20040225111707 ACCESSION NUMBER: 0001116679-04-000311 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20040225 GROUP MEMBERS: IAN P. ELLIS GROUP MEMBERS: MICROCAPITAL FUND LP GROUP MEMBERS: MICROCAPITAL FUND LTD. GROUP MEMBERS: MICROCAPITAL LLC FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MICROCAPITAL LLC CENTRAL INDEX KEY: 0001170643 IRS NUMBER: 134103993 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 410 JESSIE STREET, SUITE 1002 CITY: SAN FRANCISCO STATE: CA ZIP: 94103 BUSINESS PHONE: 4156256822 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ABATIX CORP CENTRAL INDEX KEY: 0000845779 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-INDUSTRIAL MACHINERY & EQUIPMENT [5084] IRS NUMBER: 751908110 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-40986 FILM NUMBER: 04626530 BUSINESS ADDRESS: STREET 1: 8201 EASTPOINT DRIVE STREET 2: SUITE 500 CITY: DALLAS STATE: TX ZIP: 75227 BUSINESS PHONE: 2143810322 MAIL ADDRESS: STREET 1: 8201 EASTPOINT DRIVE STREET 2: SUITE 500 CITY: DALLAS STATE: TX ZIP: 75227 FORMER COMPANY: FORMER CONFORMED NAME: ABATIX ENVIRONMENTAL CORP DATE OF NAME CHANGE: 19920703 SC 13G 1 abatix13g.txt --------------------------------------- OMB APPROVAL ------------ OMB Number: 3235-0145 Expires: December 31, 2005 Estimated average burden hours per response 14.90 --------------------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. __)* ABATIX CORP. - -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK, PAR VALUE $0.001 PER SHARE - -------------------------------------------------------------------------------- (Title of Class Securities) 002564102 ------------------------------------ (CUSIP Number) December 31, 2003 - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |X| Rule 13d-1(b) |_| 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 disclosure 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). Page 2 of 10 Pages ................................... CUSIP No. 002564102 ................................... - -------------------------------------------------------------------------------- NAME OF REPORTING PERSONS. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). 1 MicroCapital LLC 13-4103993 - -------------------------------------------------------------------------------- CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) 2 (A) |X| (B) |_| - -------------------------------------------------------------------------------- SEC USE ONLY 3 - -------------------------------------------------------------------------------- CITIZENSHIP OR PLACE OF ORGANIZATION 4 Delaware - -------------------------------------------------------------------------------- SOLE VOTING POWER 5 ------------------------------------------------------------ SHARED VOTING POWER NUMBER OF 6 SHARES 145,709 BENEFICIALLY ------------------------------------------------------------ OWNED BY EACH SOLE DISPOSITIVE POWER REPORTING 7 PERSON WITH ------------------------------------------------------------ SHARED DISPOSITIVE POWER 8 145,709 - -------------------------------------------------------------------------------- AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9 145,709 - -------------------------------------------------------------------------------- CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES 10 (SEE INSTRUCTIONS) - -------------------------------------------------------------------------------- PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 11 8.50% - -------------------------------------------------------------------------------- TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) 12 IA - -------------------------------------------------------------------------------- Page 3 of 10 Pages ................................... CUSIP No. 002564102 ................................... - -------------------------------------------------------------------------------- NAME OF REPORTING PERSONS. 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Ian P. Ellis - -------------------------------------------------------------------------------- CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) 2 (A) |X| (B) |_| - -------------------------------------------------------------------------------- SEC USE ONLY 3 - -------------------------------------------------------------------------------- CITIZENSHIP OR PLACE OF ORGANIZATION 4 U.K. - -------------------------------------------------------------------------------- SOLE VOTING POWER 5 ------------------------------------------------------------ SHARED VOTING POWER NUMBER OF 6 SHARES 145,709 BENEFICIALLY ------------------------------------------------------------ OWNED BY EACH SOLE DISPOSITIVE POWER REPORTING 7 PERSON WITH ------------------------------------------------------------ SHARED DISPOSITIVE POWER 8 145,709 - -------------------------------------------------------------------------------- AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9 145,709 - -------------------------------------------------------------------------------- CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES 10 (SEE INSTRUCTIONS) - -------------------------------------------------------------------------------- PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 11 8.50% - -------------------------------------------------------------------------------- TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) 12 IN, HC - -------------------------------------------------------------------------------- Page 4 of 10 Pages ................................... CUSIP No. 002564102 ................................... - -------------------------------------------------------------------------------- NAME OF REPORTING PERSONS. 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). MicroCapital Fund LP 52-2286453 - ------------------------------------------------------------------------------- CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) 2 (A) |X| (B) |_| - ------------------------------------------------------------------------------- SEC USE ONLY 3 - ------------------------------------------------------------------------------- CITIZENSHIP OR PLACE OF ORGANIZATION 4 Delaware - -------------------------------------------------------------------------------- SOLE VOTING POWER 5 ------------------------------------------------------------ SHARED VOTING POWER NUMBER OF 6 SHARES 90,000 BENEFICIALLY ------------------------------------------------------------ OWNED BY EACH SOLE DISPOSITIVE POWER REPORTING 7 PERSON WITH ------------------------------------------------------------ SHARED DISPOSITIVE POWER 8 90,000 - -------------------------------------------------------------------------------- AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9 90,000 - -------------------------------------------------------------------------------- CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES 10 (SEE INSTRUCTIONS) - -------------------------------------------------------------------------------- PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 11 5.26% - -------------------------------------------------------------------------------- TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) 12 PN - -------------------------------------------------------------------------------- Page 5 of 10 Pages ................................... CUSIP No. 002564102 ................................... - -------------------------------------------------------------------------------- NAME OF REPORTING PERSONS. 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). MicroCapital Fund Ltd. - -------------------------------------------------------------------------------- CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) 2 (A) |X| (B) |_| - -------------------------------------------------------------------------------- SEC USE ONLY 3 - -------------------------------------------------------------------------------- CITIZENSHIP OR PLACE OF ORGANIZATION 4 Cayman Islands - -------------------------------------------------------------------------------- SOLE VOTING POWER 5 ------------------------------------------------------------ SHARED VOTING POWER NUMBER OF 6 SHARES 55,709 BENEFICIALLY ------------------------------------------------------------ OWNED BY EACH SOLE DISPOSITIVE POWER REPORTING 7 PERSON WITH ------------------------------------------------------------ SHARED DISPOSITIVE POWER 8 55,709 - -------------------------------------------------------------------------------- AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9 55,709 - -------------------------------------------------------------------------------- CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES 10 (SEE INSTRUCTIONS) - -------------------------------------------------------------------------------- PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 11 3.26% - -------------------------------------------------------------------------------- TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) 12 CO - -------------------------------------------------------------------------------- Page 6 of 10 Pages Item 1. (a) Name of Issuer Abatix Corp. (b) Address of Issuer's Principal Executive Offices 8201 Eastpoint Drive Suite 500 Dallas, Texas 75227 Item 2. (a) Name of Person Filing This statement is being filed by (i) MicroCapital LLC, a Delaware limited liability company and registered investment adviser ("IA"), (ii) Ian P. Ellis ("Managing Member"), (iii) MicroCapital Fund LP, and (iv) MicroCapital Fund Ltd. Managing Member controls IA by virtue of Managing Member's position as managing member and majority owner of IA. IA's beneficial ownership of the Common Stock is direct as a result of IA's discretionary authority to buy, sell, and vote shares of such Common Stock for its investment advisory clients. Managing Member's beneficial ownership of Common Stock is indirect as a result of Managing Member's ownership and management of IA. The beneficial ownership of Managing Member is reported solely because Rules 13d-1(a) and (b) under the Securities Exchange Act of 1934, as amended, require any person who is "directly or indirectly" the beneficial owner of more than five percent of any equity security of a specified class to file a Schedule 13G. The answers in blocks 6, 8, 9 and 11 above and the response to item 4 by Managing Member are given on the basis of the "indirect" beneficial ownership referred to in such Rule, based on the direct beneficial ownership of Common Stock by IA and the relationship of Managing Member to IA referred to above. Information with respect to each Reporting Person is given solely by the respective Reporting Person, and no Reporting Person undertakes hereby any responsibility for the accuracy or completeness or such information concerning any other Reporting Person. (b) Address of Principal Business office or, if None, Residence IA's principal business office is located at: 201 Post Street, Suite 1001, San Francisco, CA 94108 Managing Member's principal business office is located at: 201 Post Street, Suite 1001, San Francisco, CA 94108 Page 7 of 10 Pages MicroCapital Fund LP's principal business office is located at: 201 Post Street, Suite 1001, San Francisco, CA 94108 MicroCapital Fund Ltd.'s principal business office is located at: c/o Citco Fund Services (Curacao) N.V., Kaya Flamboyan 9, Curacao, Netherland Antilles (c) Citizenship Item 4 of each cover page is incorporated by reference (d) Title of Class Securities Common Stock, Par Value $0.001 Per Share (e) CUSIP Number 002564102 Item 3. If this statement is filed pursuant to Sections 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 (15 U.S.C. 80a-8). (e) |X| 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)(ii)(F). (g) |_| A parent holding company or control person in accordance with Section 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) |_| Group in accordance with Section 240.13d-1(b)(ii)(J). Item 4. Ownership Common Stock: Items 5-9 and 11 of each cover sheet are incorporated by reference. Item 5. Ownership of Five Percent or Less of a Class. 2 Page 8 of 10 Pages 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 securities, check the following |_| Item 6. Ownership of More than Five Percent on Behalf of Another Person. IA, a registered investment adviser, and Managing Member, the majority owner and managing member of IA, have the right or the power to direct the receipt of dividends from Common Stock, and to direct the receipt of proceeds from the sale of Common Stock to IA's investment advisory clients. MicroCapital Fund LP owns more than 5% of the Common Stock. 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. See Exhibit A Item 9. Notice of Dissolution of Group. Not Applicable Item 10. Certification: (a) The following certification shall be included if the statement is filed pursuant to Section 240.13d-1(b): By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held I 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. SIGNATURE Date: February 24, 2004 MICROCAPITAL LLC /s/ Ian P. Ellis -------------------------------------------- Ian P. Ellis, Managing Member IAN P. ELLIS /s/ Ian P. Ellis -------------------------------------------- Ian P. Ellis Page 9 of 10 Pages MICROCAPITAL FUND LP /s/ Ian P. Ellis -------------------------------------------- Ian P. Ellis, Managing Member, Investment Adviser MICROCAPITAL FUND LTD. /s/ Ian P. Ellis -------------------------------------------- Ian P. Ellis, Managing Member, Investment Adviser Page 10 of 10 Pages EXHIBIT A - Identification and Classification of Members of the Group --------------------------------------------------------- Pursuant to Rule 13d-1(b)(1)(ii)(J) and Rule 13d-1(k)(1) under the Securities and Exchange Act of 1934, as amended, the members of the group making this joint filing are identified and classified as follows: Name Classification ---- -------------- MicroCapital LLC A Delaware limited liability company, Investment Adviser Ian P. Ellis Individual, control person of MicroCapital LLC MicroCapital LP A Delaware limited partnership MicroCapital Ltd. A Cayman Islands company -----END PRIVACY-ENHANCED MESSAGE-----