0000919574-05-000330.txt : 20120705 0000919574-05-000330.hdr.sgml : 20120704 20050207164755 ACCESSION NUMBER: 0000919574-05-000330 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050207 DATE AS OF CHANGE: 20050207 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: LADD ROBERT CENTRAL INDEX KEY: 0001266152 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 650 FIFTH AVE. CITY: NEW YORK STATE: NY ZIP: 10019 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: HOME SOLUTIONS OF AMERICA INC CENTRAL INDEX KEY: 0000855424 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MANAGEMENT SERVICES [8741] IRS NUMBER: 990273889 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-51045 FILM NUMBER: 05581019 BUSINESS ADDRESS: STREET 1: 5565 RED BIRD CENTER DRIVE, SUITE 150 STREET 2: - CITY: DALLAS STATE: TX ZIP: 75237 BUSINESS PHONE: 2146238446 MAIL ADDRESS: STREET 1: 5565 RED BIRD CENTER DRIVE, SUITE 150 STREET 2: - CITY: DALLAS STATE: TX ZIP: 75237 FORMER COMPANY: FORMER CONFORMED NAME: NEXTGEN COMMUNICATIONS CORP DATE OF NAME CHANGE: 20010814 FORMER COMPANY: FORMER CONFORMED NAME: U S INDUSTRIAL SERVICES INC DATE OF NAME CHANGE: 19980629 FORMER COMPANY: FORMER CONFORMED NAME: EIF HOLDINGS INC DATE OF NAME CHANGE: 19930621 SC 13G/A 1 d545044_13g-a.txt SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b (Amendment No. 1) Home Solutions of America, Inc. (HOM) -------------------------------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------------------------------- (Title of Class of Securities) 437355100 -------------------------------------------------------------------------------- (CUSIP Number) December 31, 2004 -------------------------------------------------------------------------------- (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) CUSIP No. 437355100 --------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Robert Ladd 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [X] 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 1,070,440 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 1,070,440 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,070,440 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.4% 12. TYPE OF REPORTING PERSON* IN -------------------------------------------------------------------------------- CUSIP No. 437355100 --------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Laddcap Value Associates LLC 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [X] 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 1,070,440 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 1,070,440 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,070,440 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.4% 12. TYPE OF REPORTING PERSON* OO -------------------------------------------------------------------------------- CUSIP No. 437355100 --------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Laddcap Value Partners LP 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [X] 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 1,070,440 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 1,070,440 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,070,440 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.4% 12. TYPE OF REPORTING PERSON* OO -------------------------------------------------------------------------------- This Schedule 13G Amendment No. 1 is being filed to report the beneficial ownership of the Reporting Persons in the Common Stock of the Issuer that the Reporting Persons may be deemed to beneficially own by virtue of the Common Stock and warrants to obtain Common Stock held by Laddcap Value Partners LP. CUSIP No. 437355100 --------- Item 1(a). Name of Issuer: Home Solutions of America, Inc. (HOM) -------------------------------------------------------------------- Item 1(b). Address of Issuer's Principal Executive Offices: 5565 Red Bird Center Drive Suite 150 Dallas, Texas 75237 ------------------------------------------------------------------- Item 2(a). Name of Persons Filing: Robert Ladd Laddcap Value Associates LLC Laddcap Value Partners LP -------------------------------------------------------------------- Item 2(b). Address of Principal Business Office, or if None, Residence: 650 Fifth Avenue Suite 600 New York, NY 10019 -------------------------------------------------------------------- Item 2(c). Citizenship: Robert Ladd - United States of America Laddcap Value Associates LLC - Delaware Laddcap Value Partners LP - Delaware -------------------------------------------------------------------- Item 2(d). Title of Class of Securities: Common Stock, par value $0.001 -------------------------------------------------------------------- Item 2(e). CUSIP Number: 437355100 -------------------------------------------------------------------- Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: (a) [_] Broker or dealer registered under Section 15 of the Exchange Act. (b) [_] Bank as defined in Section 3(a)(6) of the Exchange Act. (c) [_] Insurance company as defined in Section 3(a)(19) of the Exchange Act. (d) [_] Investment company registered under Section 8 of the Investment Company Act. (e) [_] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) [_] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) [_] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); (h) [_] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; (i) [_] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act; (j) [_] Group, in accordance with Rule 13d-1(b)(1)(ii)(J). Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: Robert Ladd - 1,070,440 Laddcap Value Associates LLC - 1,070,440 Laddcap Value Partners LP - 1,070,440 ---------------------------------------------------------------------- (b) Percent of class: Robert Ladd - 6.4% Laddcap Value Associates LLC - 6.4% Laddcap Value Partners LP - 6.4% ---------------------------------------------------------------------- (c) Number of shares as to which such person has: Robert Ladd: ----------- (i) Sole power to vote or to direct the vote 0 ---------------------, (ii) Shared power to vote or to direct the vote 1,070,440 ---------------------, (iii) Sole power to dispose or to direct the disposition of 0 ---------------------, (iv) Shared power to dispose or to direct the disposition of 1,070,440 ---------------------. Laddcap Value Associates LLC: ---------------------------- (i) Sole power to vote or to direct the vote 0 ---------------------, (ii) Shared power to vote or to direct the vote 1,070,440 ---------------------, (iii) Sole power to dispose or to direct the disposition of 0 ---------------------, (iv) Shared power to dispose or to direct the disposition of 1,070,440 ---------------------. Laddcap Value Partners LP: ------------------------- (i) Sole power to vote or to direct the vote 0 ---------------------, (ii) Shared power to vote or to direct the vote 1,070,440 ---------------------, (iii) Sole power to dispose or to direct the disposition of 0 --------------------- (iv) Shared power to dispose or to direct the disposition of 1,070,440 ---------------------. 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 [ ]. Not applicable. ----------------------------------------------------------------------- Item 6. Ownership of More Than Five Percent on Behalf of Another Person. If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than five percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. 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. If a parent holding company or Control person has filed this schedule, pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company or control person has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. Not applicable. ----------------------------------------------------------------------- Item 8. Identification and Classification of Members of the Group. If a group has filed this schedule pursuant to ss.240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to ss.240.13d-1(c) or ss.240.13d-1(d), attach an exhibit stating the identity of each member of the group. Not applicable. ----------------------------------------------------------------------- Item 9. Notice of Dissolution of Group. Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5. Not applicable. ----------------------------------------------------------------------- Item 10. Certifications. By signing below the Reporting Persons certify that, to the best of their 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 such 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. February 7, 2005 -------------------------- (Date) /s/ Robert Ladd* -------------------------- Robert Ladd Laddcap Value Associates LLC* By: /s/ Robert Ladd* -------------------------- Name: Robert Ladd Title: Managing Member Laddcap Value Partners LP* By: Laddcap Value Associates LLC, its General Partner By: /s/ Robert Ladd* -------------------------- Name: Robert Ladd Title: Managing Member Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties for whom copies are to be sent. Attention. Intentional misstatements or omissions of fact constitute federal criminal violations (see 18 U.S.C. 1001). * The Reporting Persons each disclaim beneficial ownership in the Shares reported herein except to the extent of its pecuniary interest therein. Exhibit A AGREEMENT The undersigned agree that this Schedule 13G/A dated February 7, 2005 relating to the Common Stock, par value $0.001, of Home Solutions of America, Inc. shall be filed on behalf of the undersigned. /s/ Robert Ladd ------------------------------- Robert Ladd Laddcap Value Associates LLC By: /s/ Robert Ladd -------------------------- Name: Robert Ladd Title: Managing Member Laddcap Value Partners LP By: Laddcap Value Associates LLC, its General Partner By: /s/ Robert Ladd -------------------------- Name: Robert Ladd Title: Managing Member 21760.0001 #545044