-----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, TZr1glmCOUxDIq15FT0Vho5T6RYc5klZfEGoWvStT0fhWFPPZMEaVwBBq6jUa6WR IAj8W/UrTMy8fF4JDcv91w== 0001013594-07-000342.txt : 20070621 0001013594-07-000342.hdr.sgml : 20070621 20070620173238 ACCESSION NUMBER: 0001013594-07-000342 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070621 DATE AS OF CHANGE: 20070620 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MOTIENT CORP CENTRAL INDEX KEY: 0000913665 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATION SERVICES, NEC [4899] IRS NUMBER: 930976127 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-42503 FILM NUMBER: 07932098 BUSINESS ADDRESS: STREET 1: 12010 SUNSET HILLS ROAD, STREET 2: 6TH FLOOR CITY: RESTON STATE: VA ZIP: 20190 BUSINESS PHONE: 703-483-7806 MAIL ADDRESS: STREET 1: 12010 SUNSET HILLS ROAD, STREET 2: 6TH FLOOR CITY: RESTON STATE: VA ZIP: 20190 FORMER COMPANY: FORMER CONFORMED NAME: AMERICAN MOBILE SATELLITE CORP DATE OF NAME CHANGE: 19931019 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: INTREPID CAPITAL ADVISORS LLC CENTRAL INDEX KEY: 0001135175 IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 360 MADISON AVE. STREET 2: 21ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2124508000 MAIL ADDRESS: STREET 1: 360 MADISON AVE. STREET 2: 21ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 SC 13G 1 motient13g-062007.htm

 


SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS PURSUANT TO RULES 13d-1(b), (c)

AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No.)*

Motient Corporation

(Name of Issuer)

Common Stock, $.01 par value

(Title of Class of Securities)

619908304

(CUSIP Number)

June 18, 2007

(Date of Event Which Requires Filing of this Statement)

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

o Rule 13d-1(b)

x Rule 13d-1(c)

o 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).

 


 



 

 

 

(1)

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

Intrepid Capital Fund (QP), L.P.

 

(2)

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) x

(b) o

 

(3)

SEC USE ONLY

 

 

(4)

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF

(5)

SOLE VOTING POWER

 

SHARES

0

 

BENEFICIALLY

(6)

SHARED VOTING POWER

 

OWNED BY

1,362,081

 

EACH

(7)

SOLE DISPOSITIVE POWER

 

REPORTING

0

 

PERSON WITH

(8)

SHARED DISPOSITIVE POWER

1,362,081

 

(9)

AGGREGATE AMOUNT BENEFICIALLY OWNED

BY EACH REPORTING PERSON

1,362,081

 

(10)

CHECK BOX IF THE AGGREGATE AMOUNT

 

IN ROW (9) EXCLUDES CERTAIN SHARES

o

 

(11)

PERCENT OF CLASS REPRESENTED

BY AMOUNT IN ROW (9)

1.59%

 

(12)

TYPE OF REPORTING PERSON

PN

 



 

 

(1)

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

Intrepid Capital Fund (Offshore) Ltd.

 

(2)

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) x

(b) o

 

(3)

SEC USE ONLY

 

 

(4)

CITIZENSHIP OR PLACE OF ORGANIZATION

Cayman Islands

NUMBER OF

(5)

SOLE VOTING POWER

 

SHARES

0

 

BENEFICIALLY

(6)

SHARED VOTING POWER

 

OWNED BY

1,140,234

 

EACH

(7)

SOLE DISPOSITIVE POWER

 

REPORTING

0

 

PERSON WITH

(8)

SHARED DISPOSITIVE POWER

1,140,234

 

(9)

AGGREGATE AMOUNT BENEFICIALLY OWNED

BY EACH REPORTING PERSON

1,140,234

 

(10)

CHECK BOX IF THE AGGREGATE AMOUNT

 

IN ROW (9) EXCLUDES CERTAIN SHARES

o

 

(11)

PERCENT OF CLASS REPRESENTED

BY AMOUNT IN ROW (9)

1.33%

 

(12)

TYPE OF REPORTING PERSON

CO

 

 



 

 

 

(1)

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

Intrepid Enhanced Alpha Master Fund, Ltd.

 

(2)

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) x

(b) o

 

(3)

SEC USE ONLY

 

 

(4)

CITIZENSHIP OR PLACE OF ORGANIZATION

Cayman Islands

NUMBER OF

(5)

SOLE VOTING POWER

 

SHARES

0

 

BENEFICIALLY

(6)

SHARED VOTING POWER

 

OWNED BY

1,232,485

 

EACH

(7)

SOLE DISPOSITIVE POWER

 

REPORTING

0

 

PERSON WITH

(8)

SHARED DISPOSITIVE POWER

1,232,485

 

(9)

AGGREGATE AMOUNT BENEFICIALLY OWNED

BY EACH REPORTING PERSON

1,232,485

 

(10)

CHECK BOX IF THE AGGREGATE AMOUNT

 

IN ROW (9) EXCLUDES CERTAIN SHARES

o

 

(11)

PERCENT OF CLASS REPRESENTED

BY AMOUNT IN ROW (9)

1.43%

 

(12)

TYPE OF REPORTING PERSON

CO

 

 



 

 

 

(1)

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

Bluenose Capital Fund (QP), L.P.

 

(2)

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) x

(b) o

 

(3)

SEC USE ONLY

 

 

(4)

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF

(5)

SOLE VOTING POWER

 

SHARES

0

 

BENEFICIALLY

(6)

SHARED VOTING POWER

 

OWNED BY

220,583

 

EACH

(7)

SOLE DISPOSITIVE POWER

 

REPORTING

0

 

PERSON WITH

(8)

SHARED DISPOSITIVE POWER

220,583

 

(9)

AGGREGATE AMOUNT BENEFICIALLY OWNED

BY EACH REPORTING PERSON

220,583

 

(10)

CHECK BOX IF THE AGGREGATE AMOUNT

 

IN ROW (9) EXCLUDES CERTAIN SHARES

o

 

(11)

PERCENT OF CLASS REPRESENTED

BY AMOUNT IN ROW (9)

0.26%

 

(12)

TYPE OF REPORTING PERSON

PN

 

 



 

 

 

(1)

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

Bluenose Capital Fund (Offshore) Ltd.

(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) x

(b) o

 

(3)

SEC USE ONLY

 

 

(4)

CITIZENSHIP OR PLACE OF ORGANIZATION

Cayman Islands

NUMBER OF

(5)

SOLE VOTING POWER

 

SHARES

0

 

BENEFICIALLY

(6)

SHARED VOTING POWER

 

OWNED BY

342,562

 

EACH

(7)

SOLE DISPOSITIVE POWER

 

REPORTING

0

 

PERSON WITH

(8)

SHARED DISPOSITIVE POWER

342,562

 

(9)

AGGREGATE AMOUNT BENEFICIALLY OWNED

BY EACH REPORTING PERSON

342,562

 

(10)

CHECK BOX IF THE AGGREGATE AMOUNT

 

IN ROW (9) EXCLUDES CERTAIN SHARES

o

 

 

(11)

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

0.40%

 

(12)

TYPE OF REPORTING PERSON

CO

 

 



 

 

 

(1)

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

Intrepid Capital Advisors, LLC

 

(2)

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) x

(b) o

 

(3)

SEC USE ONLY

 

 

(4)

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF

(5)

SOLE VOTING POWER

 

SHARES

0

 

BENEFICIALLY

(6)

SHARED VOTING POWER

 

OWNED BY

1,582,664

 

EACH

(7)

SOLE DISPOSITIVE POWER

 

REPORTING

0

 

PERSON WITH

(8)

SHARED DISPOSITIVE POWER

1,582,664

 

(9)

AGGREGATE AMOUNT BENEFICIALLY OWNED

BY EACH REPORTING PERSON

1,582,664

 

(10)

CHECK BOX IF THE AGGREGATE AMOUNT

 

IN ROW (9) EXCLUDES CERTAIN SHARES

o

 

(11)

PERCENT OF CLASS REPRESENTED

BY AMOUNT IN ROW (9)

1.84%

 

(12)

TYPE OF REPORTING PERSON

OO

 

 



 

 

 

(1)

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

Intrepid Fund Management, LLC

 

(2)

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) x

(b) o

 

(3)

SEC USE ONLY

 

 

(4)

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF

(5)

SOLE VOTING POWER

 

SHARES

0

 

BENEFICIALLY

(6)

SHARED VOTING POWER

 

OWNED BY

2,715,281

 

EACH

(7)

SOLE DISPOSITIVE POWER

 

REPORTING

0

 

PERSON WITH

(8)

SHARED DISPOSITIVE POWER

2,715,281

 

(9)

AGGREGATE AMOUNT BENEFICIALLY OWNED

BY EACH REPORTING PERSON

2,715,281

 

(10)

CHECK BOX IF THE AGGREGATE AMOUNT

 

IN ROW (9) EXCLUDES CERTAIN SHARES

o

 

(11)

PERCENT OF CLASS REPRESENTED

BY AMOUNT IN ROW (9)

3.16%

 

(12)

TYPE OF REPORTING PERSON

OO

 

 



 

 

 

(1)

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

Steven Shapiro

 

(2)

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) x

(b) o

 

(3)

SEC USE ONLY

 

 

(4)

CITIZENSHIP OR PLACE OF ORGANIZATION

United States

NUMBER OF

(5)

SOLE VOTING POWER

 

SHARES

0

 

BENEFICIALLY

(6)

SHARED VOTING POWER

 

OWNED BY

4,297,945

 

EACH

(7)

SOLE DISPOSITIVE POWER

 

REPORTING

0

 

PERSON WITH

(8)

SHARED DISPOSITIVE POWER

4,297,945

 

(9)

AGGREGATE AMOUNT BENEFICIALLY OWNED

BY EACH REPORTING PERSON

4,297,945

 

(10)

CHECK BOX IF THE AGGREGATE AMOUNT

 

IN ROW (9) EXCLUDES CERTAIN SHARES

o

 

(11)

PERCENT OF CLASS REPRESENTED

BY AMOUNT IN ROW (9)

5.00%

 

(12)

TYPE OF REPORTING PERSON

IN

 

 



 

 

ITEM 1(a). NAME OF ISSUER:

Motient Corporation

ITEM 1(b). ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES:

12010 Sunset Hills Road

9th Floor

Reston, Virginia 20190

ITEM 2(a). NAME OF PERSON FILING:

Intrepid Capital Fund (QP), L.P. (“QP”), Intrepid Capital Fund (Offshore) Ltd. (“Offshore”), Intrepid Enhanced Alpha Master Fund, Ltd. (“Enhanced”), Bluenose Capital Fund (QP), L.P. (“BN”), Bluenose Capital Fund (Offshore) Ltd. (“BN Offshore”), Intrepid Capital Advisors, LLC (“ICA”), Intrepid Fund Management, LLC (“IFM”) and Steven Shapiro (“Shapiro”)

ITEM 2(b). ADDRESS OF PRINCIPAL OFFICE OR, IF NONE, RESIDENCE:

The business address of QP, BN, ICA, IFM and Shapiro is 360 Madison Avenue, 21st Floor, New York, New York 10017.

The business address of Offshore, Enhanced and BN Offshore is c/o Intrepid Fund Management, LLC, 360 Madison Avenue, 21st Floor, New York, New York 10017

ITEM 2(c). CITIZENSHIP:

ICA and IFM are each a Delaware limited liability company and QP, LP and BN are each a Delaware limited partnership. Offshore, Enhanced and BN Offshore are each a Cayman Islands exempted company. Steven Shapiro is a citizen of the United States.

ITEM 2(d). TITLE OF CLASS OF SECURITIES:

Common Stock, $.01 par value

ITEM 2(e). CUSIP NUMBER:

619908304

ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO 13d-1(b) OR 13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:

 

(a) o

Broker or dealer registered under Section 15 of the Act

 

 

(b) o

Bank as defined in Section 3(a)(6) of the Act

 

 

(c) o

Insurance Company as defined in Section 3(a)(19) of the Act

 

 

(d) o

Investment Company registered under Section 8 of the Investment Company Act of 1940

 

(e) o

Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940: see Rule 13d-1 (b)(1)(ii)(E)

 

(f) o

Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund; see Rule 13d-1(b)(1)(ii)(F)

 

(g) o

Parent Holding Company, in accordance with Rule 13d-1(b)(ii)(G);

 

 



 

 

 

(h) o

Savings Associations as defined in Section 3(b) of the Federal Deposit Insurance Act;

 

(i) o

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 Rule 13d-1(b)(1)(ii)(J).

IF THIS STATEMENT IS FILED PURSUANT TO Rule 13d-1(c), CHECK THIS BOX. x

ITEM 4. OWNERSHIP.

A. QP

(a) Amount beneficially owned: 1,362,081

(b) Percent of class: 1.59%

(All percentages herein are based on 85,922,004 shares of Common Stock reported to be outstanding as of June 8, 2007, as reflected in the Issuer’s report on Form S-3 filed with the Securities and Exchange Commission by the Issuer on June 12, 2007.)

(c) Number of shares as to which such person has:

 

(i)

sole power to vote or to direct the vote

0

 

(ii)

shared power to vote or to direct the vote

1,362,081

 

(iii)

sole power to dispose or to direct the disposition

0

 

(iv)

shared power to dispose or to direct the disposition

1,362,081

QP has the power to dispose of and the power to vote the shares of Common Stock beneficially owned by it, which power may be exercised by its general partner, ICA. ICA owns directly no shares of Common Stock. By reason of the provisions of Rule 13d-5 promulgated under the Securities Exchange Act of 1934 (the “Act”), ICA may be deemed to own beneficially the shares owned by QP, and therefore may be deemed to share the power to vote or dispose of the shares owned by QP.

 

 



 

 

B. Offshore

(a) Amount beneficially owned: 1,140,234

(b) Percent of class: 1.33%

(c) Number of shares as to which such person has:

 

(i)

sole power to vote or to direct the vote

0

 

(ii)

shared power to vote or to direct the vote

1,140,234

 

(iii)

sole power to dispose or to direct the disposition

0

 

(iv)

shared power to dispose or to direct the disposition

1,140,234

Offshore has the power to dispose of and the power to vote the shares of Common Stock beneficially owned by it, which power may be exercised by its investment manager, IFM. IFM owns directly no shares of Common Stock. By reason of the provisions of Rule 13d-5 promulgated under the Act, IFM may be deemed to own beneficially the shares owned by Offshore, and therefore may be deemed to share the power to vote or dispose of the shares owned by Offshore.

C. Enhanced

(a) Amount beneficially owned: 1,232,485

(b) Percent of class: 1.43%

(c) Number of shares as to which such person has:

 

(i)

sole power to vote or to direct the vote

0

 

(ii)

shared power to vote or to direct the vote

1,232,485

 

(iii)

sole power to dispose or to direct the disposition

0

 

(iv)

shared power to dispose or to direct the disposition

1,232,485

Enhanced has the power to dispose of and the power to vote the shares of Common Stock beneficially owned by it, which power may be exercised by its investment manager, IFM. IFM owns directly no shares of Common Stock. By reason of the provisions of Rule 13d-5 promulgated under the Act, IFM may be deemed to own beneficially the shares owned by Offshore, and therefore may be deemed to share the power to vote or dispose of the shares owned by Offshore.

 

 



 

 

D. BN

(a) Amount beneficially owned: 220,583

(b) Percent of class: 0.26%

(c) Number of shares as to which such person has:

 

 



 

 

 

(i)

sole power to vote or to direct the vote

0

 

(ii)

shared power to vote or to direct the vote

220,583

 

(iii)

sole power to dispose or to direct the disposition

0

 

(iv)

shared power to dispose or to direct the disposition

220,583

BN has the power to dispose of and the power to vote the shares of Common Stock beneficially owned by it, which power may be exercised by its general partner, ICA. ICA owns directly no shares of Common Stock. By reason of the provisions of Rule 13d-5 promulgated under the Act, ICA may be deemed to own beneficially the shares owned by BN, and therefore may be deemed to share the power to vote or dispose of the shares owned by BN.

E. BN Offshore

(a) Amount beneficially owned: 342,562

(b) Percent of class: 0.40%

(c) Number of shares as to which such person has:

 

(i)

sole power to vote or to direct the vote

0

 

(ii)

shared power to vote or to direct the vote

342,562

 

(iii)

sole power to dispose or to direct the disposition

0

 

(iv)

shared power to dispose or to direct the disposition

342,562

BN Offshore has the power to dispose of and the power to vote the shares of Common Stock beneficially owned by it, which power may be exercised by its investment manager, IFM. IFM owns directly no shares of Common Stock. By reason of the provisions of Rule 13d-5 promulgated under the Act, IFM may be deemed to own beneficially the shares owned by BN Offshore, and therefore may be deemed to share the power to vote or dispose of the shares owned by BN Offshore.

F. ICA

(a) Amount beneficially owned: 1,582,664

(b) Percent of class: 1.84%

(c) Number of shares as to which such person has:

 

(i)

sole power to vote or to direct the vote

 

 



 

 

0

 

(ii)

shared power to vote or to direct the vote

1,582,664

 

(iii)

sole power to dispose or to direct the disposition

0

 

(iv)

shared power to dispose or to direct the disposition

1,582,664

 

 



 

 

ICA is the general partner of QP and BN. Thus, ICA has the power to dispose of and the power to vote the shares of Common Stock beneficially owned by QP and BN. ICA owns directly no shares of Common Stock. By reason of the provisions of Rule 13d-5 promulgated under the Act, ICA may be deemed to own beneficially the shares owned by QP and BN, and therefore may be deemed to share the power to vote or dispose of the shares owned by QP and BN.

G. IFM

(a) Amount beneficially owned: 2,715,281

(b) Percent of class: 3.16%

(c) Number of shares as to which such person has:

 

(i)

sole power to vote or to direct the vote

0

 

(ii)

shared power to vote or to direct the vote

2,715,281

 

(iii)

sole power to dispose or to direct the disposition

0

 

(iv)

shared power to dispose or to direct the disposition

2,715,281

IFM is the investment manager of Offshore, Enhanced and BN Offshore. Thus, IFM has the power to dispose of and the power to vote the shares of Common Stock beneficially owned by Offshore, Enhanced and BN Offshore. IFM owns directly no shares of Common Stock. By reason of the provisions of Rule 13d-5 promulgated under the Act, IFM may be deemed to own beneficially the shares owned by Offshore, Enhanced and BN Offshore, and therefore may be deemed to share the power to vote or dispose of the shares owned by Offshore, Enhanced and BN Offshore.

H. Steven Shapiro

(a) Amount beneficially owned: 4,297,945

(b) Percent of class: 5.00%

(c) Number of shares as to which such person has:

 

(i)

sole power to vote or to direct the vote

0

 

(ii)

shared power to vote or to direct the vote

4,297,945

 

(iii)

sole power to dispose or to direct the disposition

0

 

(iv)

shared power to dispose or to direct the disposition

4,297,945

 

 



 

 

Shapiro, as the Manager of ICA and IFM, has the power to dispose of and vote the Common Stock beneficially owned by QP, Offshore, Enhanced, BN and BN Offshore. Shapiro does not own any shares of Common Stock directly. By reason of the provisions of Rule 13d-5 promulgated under the Act, Shapiro may be deemed to beneficially own the shares beneficially owned by QP, Offshore, Enhanced, BN and BN Offshore.

Collectively, the Reporting Persons beneficially own 4,297,945 shares of Common Stock representing 5.00% of the outstanding shares of Common Stock.

ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.

Not applicable.

ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.

To the knowledge of the Reporting Persons, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, a number of such Common Stock which represents more than five percent of the number of outstanding shares of 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 Item 2 in lieu of an Exhibit.

ITEM 9. NOTICE OF DISSOLUTION OF GROUP.

Not applicable.

ITEM 10. CERTIFICATION. (if filing pursuant to Rule 13d-1(c))

By signing below each Reporting Person certifies that, to the best of its 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 not held in connection with or as a participant in any transaction having that purpose or effect.

 

 



 

 

SIGNATURES

After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

DATED: June 20, 2007

/s/  STEVEN SHAPIRO

STEVEN SHAPIRO, individually,

as Manager of Intrepid Capital Advisors, LLC, the general partner of Intrepid Capital Fund (QP), L.P., and Bluenose Capital Fund (QP), L.P., and as Manager of Intrepid Fund Management, LLC, the investment manager of Intrepid Capital Fund (Offshore) Ltd., Intrepid Enhanced Alpha Master Fund, Ltd., and Bluenose Capital Fund (Offshore) Ltd.

 

 



 

 

EXHIBIT A

JOINT FILING AGREEMENT

The undersigned hereby agree that the statement on Schedule 13G with respect to the Common Stock of Motient Corporation dated as of June 20, 2007 is, and any further amendments thereto signed by each of the undersigned shall be, filed on behalf of each of the undersigned pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended.

Dated: June 20, 2007

/s/  STEVEN SHAPIRO

STEVEN SHAPIRO, individually,

as Manager of Intrepid Capital Advisors, LLC, the general partner of Intrepid Capital Fund (QP), L.P., and Bluenose Capital Fund (QP), L.P., and as Manager of Intrepid Fund Management, LLC, the investment manager of Intrepid Capital Fund (Offshore) Ltd., Intrepid Enhanced Alpha Master Fund, Ltd., and Bluenose Capital Fund (Offshore) Ltd.

 

 

 

 

 

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