0001341004-14-000810.txt : 20140923 0001341004-14-000810.hdr.sgml : 20140923 20140923170218 ACCESSION NUMBER: 0001341004-14-000810 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20140923 DATE AS OF CHANGE: 20140923 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ALCO STORES INC CENTRAL INDEX KEY: 0000030302 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-VARIETY STORES [5331] IRS NUMBER: 480201080 STATE OF INCORPORATION: KS FISCAL YEAR END: 0129 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-43827 FILM NUMBER: 141116531 BUSINESS ADDRESS: STREET 1: 751 FREEPORT PARKWAY CITY: COPPELL STATE: TX ZIP: 75019 BUSINESS PHONE: 469-322-2900 MAIL ADDRESS: STREET 1: ALCO STORES INC STREET 2: 751 FREEPORT PARKWAY CITY: COPPELL STATE: TX ZIP: 75019 FORMER COMPANY: FORMER CONFORMED NAME: DUCKWALL ALCO STORES INC DATE OF NAME CHANGE: 19940531 FORMER COMPANY: FORMER CONFORMED NAME: DUCKWALL STORES INC DATE OF NAME CHANGE: 19781020 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PRICE MICHAEL F CENTRAL INDEX KEY: 0000918537 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A MAIL ADDRESS: STREET 1: C/O MFP INVESTORS LLC STREET 2: 667 MADISON AVE, 25TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10065 SC 13G/A 1 sc13ga5.htm SCHEDULE 13G, AMENDMENT NO. 5 sc13ga5.htm
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
SCHEDULE 13G/A
 
Under the Securities Exchange Act of 1934

(Amendment No.  5)*

Alco Stores, Inc.
(Name of Issuer)
 
Comon Stock, Par Value $.0001
(Title of Class of Securities)
 
001600105
(CUSIP Number)
 
September 19, 2014
(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-l(b)
 
T Rule 13d-l(c)
 
£ Rule 13d-l(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).

Page 1 of 7 pages
 
 
 
CUSIP No. 001600105

1.
Names of Reporting Persons
  
     
 
MFP Partners, L.P.(1)
  
 
c/o MFP Investors LLC
  
 
667 Madison Avenue, 25th Floor
  
  New York, NY 10065  
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 by Owned by Each Reporting Person With:
5.
Sole Voting Power
0
6.
Shared Voting Power
0
7.
Sole Dispositive Power
0
8.
Shared Dispositive Power
0
9.
Aggregate Amount Beneficially Owned by Each Reporting Person
0
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
  
11.
Percent of Class Represented by Amount in Row (9)
0%
12.
Type of Reporting Person (See Instructions)
  
 
PN
  

(1) MFP Investors LLC is the general partner of MFP Partners, L.P.  Michael F. Price is the managing partner of MFP Partners, L.P. and the managing member and controlling person of MFP Investors LLC.


Page 2 of 7 pages
 
 
 
CUSIP No. 001600105

1.
Names of Reporting Persons
  
     
 
MFP Investors LLC(1)
  
 
667 Madison Avenue, 25th Floor
  
  New York, NY 10065  
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 by Owned by Each Reporting Person With:
5.
Sole Voting Power
0
6.
Shared Voting Power
0
7.
Sole Dispositive Power
0
8.
Shared Dispositive Power
0
9.
Aggregate Amount Beneficially Owned by Each Reporting Person
0
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
  
11.
Percent of Class Represented by Amount in Row (9)
0%
12.
Type of Reporting Person (See Instructions)
  
 
OO
  

(1) MFP Investors LLC is the general partner of MFP Partners, L.P.  Michael F. Price is the managing partner of MFP Partners, L.P. and managing member and controlling person of MFP Investors LLC.


Page 3 of 7 pages
 
 
 
CUSIP No. 001600105

1.
Names of Reporting Persons
  
     
 
Michael F. Price
  
 
c/o MFP Investors LLC
  
 
667 Madison Avenue, 25th Floor
  
  New York, NY 10065  
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
  
 
Michael F. Price is a citizen of the United States of America.
  
Number of Shares Bene­ficially by Owned by Each Reporting Person With:
5.
Sole Voting Power
0
6.
Shared Voting Power
0
7.
Sole Dispositive Power
0
8.
Shared Dispositive Power
0
9.
Aggregate Amount Beneficially Owned by Each Reporting Person
0
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
  
11.
Percent of Class Represented by Amount in Row (9)
0%
12.
Type of Reporting Person (See Instructions)
  
 
IN
  

(1) MFP Investors LLC is the general partner of MFP Partners, L.P.  Michael F. Price is the managing partner of MFP Partners, L.P. and managing member and controlling person of MFP Investors LLC.
 

Page 4 of 7 pages
 
 
 
CUSIP No. 001600105

Item 1.

 
(a)
Name of Issuer

Alco Stores, Inc.

 
(b)
Address of Issuer's Principal Executive Offices

401 Cottage Street
Abilene, Kansas 67410

Item 2.

 
(a)
Name of Person Filing

MFP Partners, L.P.
MFP Investors LLC
Michael F. Price

 
(b)
Address of Principal Business Office or, if none, Residence

667 Madison Avenue, 25th Floor
New York, NY 10065

 
(c)
Citizenship

MFP Partners, L.P. and MFP Investors LLC are each organized under the laws of the state of Delaware.  Michael F. Price is a citizen of the United States of America.

 
(d)
Title of Class of Securities

Common Stock, par value $.0001 per share

 
(e)
CUSIP Number

001600105
 
Item 3.
If this statement is filed pursuant to §§240.13d-l(b) or 240.13d-2(b) or (c), check whether the person filing is a:

Not applicable.

Item 4.
Ownership

MFP Partners, L.P. has the shared power to vote 0 shares (0%) of the common stock of the issuer.  As the general partner of MFP Partners, L.P., MFP Investors LLC is deemed to own 0 shares (0%) of the common stock of the issuer.  As the Managing Member of MFP Investors LLC, Michael F. Price is deemed to have the shared power to vote 0 shares (0%) of the common stock of the issuer.

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 x.

Item 6.
Ownership of More than Five Percent on Behalf of Another Person

MFP Investors LLC manages investments for clients, including MFP Partners, L.P. none which owns more than 5% of the common stock of the issuer.

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.

Page 5 of 7 pages
 
 
 
CUSIP No. 001600105
 
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.

 
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.

 
September 23, 2014
 
Date
   
   
 
MFP Partners, L.P.
   
 
/s/ Michael F. Price
 
Signature
 
Name:  
Michael F. Price
 
Title:
Managing Partner
     
   
 
MFP Investors LLC
   
 
/s/ Michael F. Price
 
Signature
 
Name:
Michael F. Price
 
Title:
Managing Member
     
   
 
MICHAEL F. PRICE
   
 
/s/ Michael F. Price
 
Signature
 
Name:
Michael F. Price

 
Page 6 of 7 pages
 
 
 
CUSIP No. 001600105

EXHIBITS

Exhibit
    
Number
  
Title
     
1
  
Joint Filing Agreement dated February 11, 2011 among the Reporting Persons

 
 
Page 7 of 7 pages
 
 EX-99 2 ex1.htm EXHIBIT 1 - JOINT FILING AGREEMENT ex1.htm
 
Exhibit 1
 
CUSIP No. 001600105
 
JOINT FILING AGREEMENT

In accordance with Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with all other Reporting Persons (as such term is defined in the Schedule 13G) on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the stock of the issuer, and that this Joint Filing Agreement may be included as an exhibit to such joint filing. This Joint Filing Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.

IN WITNESS WHEREOF, the undersigned hereby execute this Agreement as of the 11th day of February, 2011.

 
MFP Partners, L.P.
   
 
/s/ Michael F. Price
 
Signature
     
 
Name:  
Michael F. Price
 
Title:
Managing Partner
     
     
 
MFP Investors LLC
   
 
/s/ Michael F. Price
 
Signature
   
 
Name:
Michael F. Price
 
Title:
Managing Member
     
     
 
MICHAEL F. PRICE
   
 
/s/ Michael F. Price
 
Signature
 
Name:
Michael F. Price