-----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, KEVIyU/+wdyxVNNA/JXst/hC0ZYym1RteTDqZnldZ87BDA/joj7wSEERXOZNQJ93 ZJh0Am5xhchCYgp5wodpMQ== 0000950123-07-016397.txt : 20071207 0000950123-07-016397.hdr.sgml : 20071207 20071207091117 ACCESSION NUMBER: 0000950123-07-016397 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20071207 DATE AS OF CHANGE: 20071207 GROUP MEMBERS: EMPIRE CAPITAL MANAGEMENT LLC GROUP MEMBERS: EMPIRE GP LLC GROUP MEMBERS: PETER J. RICHARDS GROUP MEMBERS: SCOTT A. FINE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TUMBLEWEED COMMUNICATIONS CORP CENTRAL INDEX KEY: 0001022509 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 943183329 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-56683 FILM NUMBER: 071291060 BUSINESS ADDRESS: STREET 1: 700 SAGINAW DR CITY: REDWOOD CITY STATE: CA ZIP: 94063 BUSINESS PHONE: 6502162000 MAIL ADDRESS: STREET 1: 700 SAGINAW DR CITY: REDWOOD CITY STATE: CA ZIP: 94063 FORMER COMPANY: FORMER CONFORMED NAME: TUMBLEWEED SOFTWARE CORP DATE OF NAME CHANGE: 19990517 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: EMPIRE CAPITAL PARTNERS LP CENTRAL INDEX KEY: 0001170998 IRS NUMBER: 133888076 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: C/O EMPIRE G P LLC STREET 2: 1GORHAM ISLAND CITY: WESTPORT STATE: CT ZIP: 06880 BUSINESS PHONE: 2034541019 MAIL ADDRESS: STREET 1: C/O EMPIRE GP LLC STREET 2: 1GORHAM ISLAND CITY: WESTPORT STATE: CT ZIP: 06880 SC 13D 1 y43867sc13d.htm SC 13D SC 13D
 

 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
TUMBLEWEED COMMUNICATIONS CORP.
(Name of Issuer)
Common Stock, par value $0.001 per share
(Title of Class of Securities)
899690101
(CUSIP Number)
J. Markham Penrod, IACCPSM
Chief Compliance Officer
Empire Capital Management, LLC
One Gorham Island, Suite 201
Westport, CT 06880 USA
(203) 454-1019
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
December 5, 2007
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box þ.
The information required on 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 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).
(Continued on the following pages)
 
 

 


 

                     
CUSIP No.
 
899690101 
 

 

           
1   NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Empire Capital Partners, L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

  (a)   o 
  (b)   þ 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS*
   
  WC
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   -0-
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   2,820,230
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   -0-
       
WITH 10   SHARED DISPOSITIVE POWER
     
    2,820,230
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  2,820,230
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  5.5%
     
14   TYPE OF REPORTING PERSON*
   
  PN

2


 

                     
CUSIP No.
 
899690101 
 

 

           
1   NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Empire GP, L.L.C.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

  (a)   o 
  (b)   þ 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS*
   
  WC
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   -0-
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   2,820,230
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   -0-
       
WITH 10   SHARED DISPOSITIVE POWER
     
    2,820,230
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  2,820,230
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  5.5%
     
14   TYPE OF REPORTING PERSON*
   
  OO

3


 

                     
CUSIP No.
 
899690101 
 

 

           
1   NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Empire Capital Management, L.L.C.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

  (a)   o 
  (b)   þ 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS*
   
  WC
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   -0-
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   3,649,388
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   -0-
       
WITH 10   SHARED DISPOSITIVE POWER
     
    3,649,388
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  3,649,388
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  7.1%
     
14   TYPE OF REPORTING PERSON*
   
  OO

4


 

                     
CUSIP No.
 
899690101 
 

 

           
1   NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Scott A. Fine
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

  (a)   o 
  (b)   þ 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS*
   
  PF
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States
       
  7   SOLE VOTING POWER
     
NUMBER OF   -0-
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   6,469,618
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   -0-
       
WITH 10   SHARED DISPOSITIVE POWER
     
    6,469,618
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  6,469,618
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  12.6%
     
14   TYPE OF REPORTING PERSON*
   
  IN

5


 

                     
CUSIP No.
 
899690101 
 

 

           
1   NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Peter J. Richards
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

  (a)   o 
  (b)   þ 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS*
   
  PF
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States
       
  7   SOLE VOTING POWER
     
NUMBER OF   -0-
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   6,469,618
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   -0-
       
WITH 10   SHARED DISPOSITIVE POWER
     
    6,469,618
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  6,469,618
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  12.6%
     
14   TYPE OF REPORTING PERSON*
   
  IN

6


 

Item 1. Security and Issuer
     The name of the issuer is TUMBLEWEED COMMUNICATIONS CORP. (the “Company”). The Company’s principal executive offices are located at 700 Saginaw Drive, Redwood City, CA 94063. This Schedule 13D relates to the Company’s common stock, par value $0.001 (the “Common Stock”).
Item 2. Identity and Background
Empire Capital Partners, L.P.
  (a)   Empire Capital Partners, L.P.
 
  (b)   1 Gorham Island, Suite 201, Westport, CT 06880.
 
  (c)   Empire Capital Partners, L.P. (“Empire Capital”) is a Delaware limited partnership which operates as a private investment partnership. Empire Capital is filing with respect to the Shares of Common Stock directly owned by it.
 
  (d)   Empire Capital Partners, L.P., during the last five years, has not been convicted in a criminal proceeding, excluding traffic violations or similar misdemeanors.
 
  (e)   Empire Capital Partners, L.P., during the last five years, has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction which resulted in Empire Capital Partners, L.P. being at any time subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
Empire GP, L.L.C.
  (a)   Empire GP, L.L.C.
 
  (b)   1 Gorham Island, Suite 201, Westport, CT 06880.
  (c)   Empire GP, L.L.C., (“Empire GP”) is a limited liability company organized under the laws of the State of Delaware and serves as the general partner of the Empire Capital and in such capacity has

7


 

      responsibility for the management of the Empire Capital. Empire GP is filing with respect to shares of Common Stock directly owned by Empire Capital.
 
  (d)   Empire GP, L.L.C., during the last five years, has not been convicted in a criminal proceeding, excluding traffic violations or similar misdemeanors.
 
  (e)   Empire GP, L.L.C., during the last five years, has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction which resulted in Empire GP, L.L.C. being at any time subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
Empire Capital Management, L.L.C.
  (a)   Empire Capital Management, L.L.C.
 
  (b)   1 Gorham Island, Suite 201, Westport, CT 06880.
 
  (c)   Empire Capital Management, L.L.C., a Delaware limited liability company (“Empire Management”), provides investment management and administrative services to the Empire Capital, Empire Capital Partners, LTD (the “Empire Overseas Fund”), Charter Oak Partners, L.P. (“Charter Oak”), Charter Oak Partners II, L.P. (“Charter Oak II”) and Charter Oak Master Fund, LP. (“Charter Oak Master” and together, the “Charter Oak Funds”). Empire Management is filing with respect to the Shares of Common Stock directly owned by the Empire Overseas Fund and the Charter Oak Funds.
 
  (d)   Empire Capital Management, L.L.C., during the last five years, has not been convicted in a criminal proceeding, excluding traffic violations or similar misdemeanors.
 
  (e)   Empire Capital Management, L.L.C., during the last five years, has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction which resulted in Empire Capital Management, L.L.C. being at any time subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
Mr. Scott A. Fine
  (a)   Scott A. Fine
 
  (b)   1 Gorham Island, Suite 201, Westport, CT 06880.
 
  (c)   Mr. Fine, together with Mr. Richards, as Members, direct the operations of Empire GP and Empire Management. Mr. Fine is primarily engaged in the business of securities investing. He conducts his investment activities from the address listed in (b) above. Mr. Fine is filing with respect to the shares of Common Stock directly owned by Empire Capital, the Empire Overseas Fund and the Charter Oak Funds. Neither Mr. Fine nor Mr. Richards directly own any shares of Common Stock.
 
  (d)   Mr. Fine, during the last five years, has not been convicted in a criminal proceeding, excluding traffic violations or similar misdemeanors.
 
  (e)   Mr. Fine, during the last five years, has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction which resulted in Mr. Fine being at any time subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

8


 

  (f)   United States citizen.
Mr. Peter J. Richards
  (a)   Peter J. Richards
 
  (b)   1 Gorham Island, Suite 201, Westport, CT 06880.
 
  (c)   Mr. Richards, together with Mr. Fine, as Members, direct the operations of Empire GP and Empire Management. Mr. Richards is primarily engaged in the business of securities investing. He conducts his investment activities from the address listed in (b) above. Mr. Richards is filing with respect to the shares of Common Stock directly owned by Empire Capital, the Empire Overseas Fund and the Charter Oak Funds. Neither Mr. Fine nor Mr. Richards directly own any shares of Common Stock.
 
  (d)   Mr. Richards, during the last five years, has not been convicted in a criminal proceeding, excluding traffic violations or similar misdemeanors.
 
  (e)   Mr. Richards, during the last five years, has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction which resulted in Mr. Richards being at any time subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
 
  (f)   United States citizen.
     The foregoing persons are hereinafter sometimes collectively referred to as the “Reporting Persons.” Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party.
Item 3. Source and Amount of Funds or Other Considerations.
     The aggregate purchase price of the 6,469,618 Shares purchased by Empire Capital, the Empire Overseas Fund, and the Charter Oak Funds, collectively, was $16,875,077 (including commissions). The source of funding for the purchase of these Shares was the general working capital of the respective purchasers.
     The Shares are held by the Reporting Persons in margin accounts. Such margin accounts may from time to time have debit balances. Since other securities are held in such margin accounts, it is not possible to determine the amounts, if any, of margin used with respect to the purchase of the Shares.
Item 4. Purpose of Transaction.
     The Reporting Persons acquired the shares of Common Stock for the purpose of obtaining a significant equity position in the Company, and considered the Common Stock to be an attractive investment at the price levels at which it acquired the shares of Common Stock.
     The Reporting Persons’ primary interest is to maximize the value of its investment. To this end, the Reporting Persons intend continually to review the Company’s business affairs and financial position and future prospects, as well as conditions in the securities markets and general economic and industrial conditions. Based on such evaluation and review and other factors (including, without limitation, the attitude of the Board of Directors and management of the Company), the Reporting Persons will continue to consider various alternative courses of action and will in the future take such actions with respect to its investment in the Company as it deems appropriate in light of the circumstances existing from time to time. Such actions may include seeking representation on the Board of Directors of the Company, making recommendations to members of management concerning various business strategies, other strategic partnerships, dividend policies and other matters, seeking to acquire control of the Company

9


 

through a merger, proxy solicitation, tender offer, exchange offer or otherwise, or such other actions as the Reporting Persons may deem appropriate. Such actions may involve the purchase of additional Common Stock or, alternatively, may involve the sale of all or a portion of the Common Stock held by the Reporting Persons in the open market or in privately negotiated transactions to one or more purchasers.
     Empire Capital 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, Empire GP. Empire GP does not directly own any shares of Common Stock. By reason of the provisions of Rule 13d-3 of the Securities Exchange Act of 1934 (the “Act”), Empire GP may be deemed to own beneficially the shares owned by Empire Capital.
     The Empire Overseas Fund and the Charter Oak Funds have the power to dispose of and the power to vote the shares of Common Stock beneficially owned by them, which power may be exercised by their investment manager, Empire Management. Empire Management does not directly own any shares of Common Stock. By reason of the provisions of Rule 13d-3 of the Act, Empire Management may be deemed to own beneficially the shares owned by the Empire Overseas Fund and the Charter Oak Funds.
     Messrs. Fine and Richards, as Members, direct the operations of Empire GP and Empire Management. Neither Mr. Fine nor Mr. Richards directly own any shares of Common Stock. By reason of the provisions of Rule 13d-3 of the Act, each may be deemed to beneficially own the shares beneficially owned by Empire Capital, the Empire Overseas Fund and the Charter Oak Funds. Each of Mr. Fine and Mr. Richards disclaim beneficial ownership of the shares of Common Stock reflected in this filing, except to the extent of his respective pecuniary interest in such securities pursuant to Section 13 of the Act.
     Except as set forth above, the Reporting Persons do not have any plans or proposals which relate to or would result in:
(a)   The acquisition by any person of additional securities of the issuer, or the disposition of securities of the issuer;
 
(b)   An extraordinary corporation transaction, such as a merger, reorganization or liquidation, involving the issuer or any of its subsidiaries;
 
(c)   A sale or transfer of a material amount of assets of the issuer or of any of its subsidiaries;
 
(d)   Any change in the present board of directors or management of the issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board;
 
(e)   Any material change in the present capitalization or dividend policy of the issuer;
 
(f)   Any other material change in the issuer’s business or corporate structure;
 
(g)   Changes in the issuer’s charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the issuer by any person;
 
(h)   Causing a class of securities of the issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association;
 
(i)   Causing a class of equity securities of the issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Act; or
 
(j)   Any action similar to any of those enumerated above.
Item 5. Interest in Securities of Issuer.
     According to its Form 10-Q filed with the Securities and Exchange Commission on November 9, 2007, as of October 31, 2007, the Company had 51,123,963 shares of its Common Stock outstanding. The Reporting Persons have the following interests in the Common Stock:

10


 

Empire Capital Partner, L.P.
(a)   See page 2, nos. 11 and 13.
 
(b)   See page 2, nos. 7-10.
 
(c)   See attached Exhibit 1 for all transactions effected in the Shares that have taken place in the past sixty days.
 
(d)   None.
 
(e)   Not Applicable.
Empire GP, L.L.C.
(a)   See page 3, nos. 11 and 13.
 
(b)   See page 3, nos. 7-10.
 
(c)   See attached Exhibit 1 for all transactions effected in the Shares that have taken place in the past sixty days.
 
(d)   None.
 
(e)   Not Applicable.
Empire Capital Management, L.L.C.
(a)   See page 4, nos. 11 and 13.
 
(b)   See page 4, nos. 7-10.
 
(c)   See attached Exhibit 1 for all transactions effected in the Shares that have taken place in the past sixty days.
 
(d)   None.
 
(e)   Not Applicable.
Mr. Scott A. Fine
(a)   See page 5, nos. 11 and 13.
 
(b)   See page 5, nos. 7-10.
 
(c)   See attached Exhibit 1 for all transactions effected in the Shares that have taken place in the past sixty days.
 
(d)   None.
 
(e)   Not Applicable.
Mr. Peter J. Richards
(a)   See page 6, nos. 11 and 13.
 
(b)   See page 6, nos. 7-10.
 
(c)   See attached Exhibit 1 for all transactions effected in the Shares that have taken place in the past sixty days.
 
(d)   None.
 
(e)   Not Applicable.

11


 

Item 6. Contracts, Arrangements, Understandings or Relationship With Respect to Securities of the Issuer.
     Other than as described herein, there are no contracts, arrangements, understandings or relationships among the Reporting Persons, or between the Reporting Persons and any other person, with respect to the securities of the Company.
Item 7. Material to be filed as Exhibits.
1.   Transactions of the Reporting Persons within the last 60 days.
 
2.   Joint Filing Agreement
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: December 6, 2007
             
 
  By:   /s/ Scott A. Fine
 
   
    Scott A. Fine, individually, and a member of Empire GP, L.L.C.    
    and Empire Capital Management, L.L.C.    
 
           
 
  By:   /s/ Peter J. Richards
 
   
    Peter J. Richards, individually, and a member of Empire GP, L.L.C.    
    and Empire Capital Management, L.L.C.    

12

EX-99.1 2 y43867exv99w1.htm EX-99.1: TRANSACTIONS OF THE REPORTING PERSONS EX-99.1
 

Exhibit 1
Transactions by the Reporting Persons within the last sixty days:
                                 
Name   Trade Date     Quantity     Price     Total Amount  
EMPIRE CAPITAL PARTNERS LTD
    10/3/2007       6,491       2.0956     $ 13,667.45  
EMPIRE CAPITAL PARTNERS LTD
    10/4/2007       2,995       2.0817     $ 6,264.64  
EMPIRE CAPITAL PARTNERS LTD
    10/5/2007       343,487       1.8874     $ 651,732.23  
EMPIRE CAPITAL PARTNERS LTD
    10/8/2007       55,534       1.9763     $ 110,307.18  
EMPIRE CAPITAL PARTNERS LTD
    10/9/2007       3,468       1.93     $ 6,727.92  
EMPIRE CAPITAL PARTNERS LTD
    10/11/2007       78,694       1.9731     $ 156,058.07  
EMPIRE CAPITAL PARTNERS LTD
    10/12/2007       81,259       1.9715     $ 161,014.71  
EMPIRE CAPITAL PARTNERS LTD
    10/16/2007       25,705       1.95     $ 50,381.80  
EMPIRE CAPITAL PARTNERS LTD
    10/17/2007       10,405       1.9091     $ 19,968.24  
EMPIRE CAPITAL PARTNERS LTD
    10/26/2007       234,350       1.6802     $ 397,279.49  
EMPIRE CAPITAL PARTNERS LTD
    10/26/2007       -11,934       1.6814     $ (20,065.83 )
EMPIRE CAPITAL PARTNERS LTD
    10/26/2007       106,963       1.6814     $ 180,382.41  
EMPIRE CAPITAL PARTNERS LTD
    10/29/2007       9,374       1.6783     $ 15,779.25  
EMPIRE CAPITAL PARTNERS LTD
    10/30/2007       60,474       1.66     $ 100,689.21  
EMPIRE CAPITAL PARTNERS LTD
    11/14/2007       44,621       1.31     $ 60,238.35  
EMPIRE CAPITAL PARTNERS LTD
    11/14/2007       173,620       1.25     $ 219,629.30  
EMPIRE CAPITAL PARTNERS LTD
    11/14/2007       28,652       1.3026     $ 37,465.36  
Subtotal
            1,254,158             $ 2,167,519.78  
 
                               
CHARTER OAK MASTER FUND LP
    10/3/2007       9       2.0956     $ 18.95  
CHARTER OAK MASTER FUND LP
    10/4/2007       5       2.0817     $ 10.46  
CHARTER OAK MASTER FUND LP
    10/5/2007       1,660       1.8874     $ 3,154.68  
CHARTER OAK MASTER FUND LP
    10/8/2007       391       1.9763     $ 776.64  
CHARTER OAK MASTER FUND LP
    10/9/2007       24       1.93     $ 51.56  
CHARTER OAK MASTER FUND LP
    10/11/2007       554       1.9731     $ 1,098.64  
CHARTER OAK MASTER FUND LP
    10/12/2007       572       1.9715     $ 1,133.42  
CHARTER OAK MASTER FUND LP
    10/16/2007       181       1.95     $ 354.76  
CHARTER OAK MASTER FUND LP
    10/17/2007       73       1.9091     $ 140.09  
CHARTER OAK MASTER FUND LP
    10/26/2007       -84       1.6814     $ (140.81 )
CHARTER OAK MASTER FUND LP
    10/26/2007       1,650       1.6802     $ 2,802.15  
CHARTER OAK MASTER FUND LP
    10/26/2007       753       1.6814     $ 1,269.86  
CHARTER OAK MASTER FUND LP
    10/29/2007       66       1.6783     $ 116.10  
CHARTER OAK MASTER FUND LP
    10/30/2007       426       1.66     $ 714.29  
CHARTER OAK MASTER FUND LP
    11/14/2007       201       1.3026     $ 267.83  
CHARTER OAK MASTER FUND LP
    11/14/2007       1,220       1.25     $ 1,548.30  
CHARTER OAK MASTER FUND LP
    11/14/2007       314       1.31     $ 428.90  
Subtotal
            8,015             $ 13,745.82  
 
                               
EMPIRE CAPITAL PARTNERS, L.P.
    10/5/2007       86,308       1.8874     $ 163,765.80  
EMPIRE CAPITAL PARTNERS, L.P.
    10/8/2007       51,661       1.9763     $ 102,614.24  
EMPIRE CAPITAL PARTNERS, L.P.
    10/9/2007       3,227       1.93     $ 6,265.38  
EMPIRE CAPITAL PARTNERS, L.P.
    10/11/2007       73,203       1.9731     $ 145,168.87  
EMPIRE CAPITAL PARTNERS, L.P.
    10/12/2007       75,591       1.9715     $ 149,783.57  
EMPIRE CAPITAL PARTNERS, L.P.
    10/16/2007       23,912       1.95     $ 46,867.52  
EMPIRE CAPITAL PARTNERS, L.P.
    10/17/2007       9,679       1.9091     $ 18,574.97  
EMPIRE CAPITAL PARTNERS, L.P.
    10/26/2007       99,500       1.6814     $ 167,796.80  
EMPIRE CAPITAL PARTNERS, L.P.
    10/26/2007       218,000       1.6802     $ 369,567.32  
EMPIRE CAPITAL PARTNERS, L.P.
    10/26/2007       -11,101       1.6814     $ (18,609.42 )
EMPIRE CAPITAL PARTNERS, L.P.
    10/29/2007       8,720       1.6783     $ 14,683.38  
EMPIRE CAPITAL PARTNERS, L.P.
    10/30/2007       56,256       1.66     $ 93,671.24  

13


 

                                 
Name   Trade Date     Quantity     Price     Total Amount  
EMPIRE CAPITAL PARTNERS, L.P.
    11/14/2007       41,325       1.31     $ 55,793.75  
EMPIRE CAPITAL PARTNERS, L.P.
    11/14/2007       26,535       1.3026     $ 34,702.17  
EMPIRE CAPITAL PARTNERS, L.P.
    11/14/2007       160,794       1.25     $ 203,409.41  
Subtotal
            923,610             $ 1,554,055.00  
 
                               
CHARTER OAK PARTNERS 2
    10/5/2007       2,171       1.8874     $ 4,124.26  
CHARTER OAK PARTNERS 2
    10/8/2007       1,540       1.9763     $ 3,058.90  
CHARTER OAK PARTNERS 2
    10/9/2007       96       1.93     $ 191.24  
CHARTER OAK PARTNERS 2
    10/11/2007       2,183       1.9731     $ 4,329.11  
CHARTER OAK PARTNERS 2
    10/12/2007       2,254       1.9715     $ 4,466.30  
CHARTER OAK PARTNERS 2
    10/16/2007       713       1.95     $ 1,397.48  
CHARTER OAK PARTNERS 2
    10/17/2007       289       1.9091     $ 554.62  
CHARTER OAK PARTNERS 2
    10/26/2007       2,967       1.6814     $ 5,003.55  
CHARTER OAK PARTNERS 2
    10/26/2007       6,500       1.6802     $ 11,024.06  
CHARTER OAK PARTNERS 2
    10/26/2007       -331       1.6814     $ (554.87 )
CHARTER OAK PARTNERS 2
    10/29/2007       260       1.6783     $ 442.66  
CHARTER OAK PARTNERS 2
    10/30/2007       1,677       1.66     $ 2,797.21  
CHARTER OAK PARTNERS 2
    11/14/2007       1,235       1.31     $ 1,672.25  
CHARTER OAK PARTNERS 2
    11/14/2007       4,805       1.25     $ 6,083.33  
CHARTER OAK PARTNERS 2
    11/14/2007       793       1.3026     $ 1,041.93  
Subtotal
            27,152             $ 45,632.03  
 
                               
CHARTER OAK PARTNERS
    10/5/2007       6,374       1.8874     $ 12,099.03  
CHARTER OAK PARTNERS
    10/8/2007       9,360       1.9763     $ 18,591.77  
CHARTER OAK PARTNERS
    10/9/2007       585       1.93     $ 1,139.90  
CHARTER OAK PARTNERS
    10/11/2007       13,264       1.9731     $ 26,303.84  
CHARTER OAK PARTNERS
    10/12/2007       13,696       1.9715     $ 27,138.62  
CHARTER OAK PARTNERS
    10/16/2007       4,333       1.95     $ 8,492.68  
CHARTER OAK PARTNERS
    10/17/2007       1,754       1.9091     $ 3,366.10  
CHARTER OAK PARTNERS
    10/26/2007       18,029       1.6814     $ 30,404.11  
CHARTER OAK PARTNERS
    10/26/2007       -2,011       1.6814     $ (3,371.18 )
CHARTER OAK PARTNERS
    10/26/2007       39,500       1.6802     $ 66,966.98  
CHARTER OAK PARTNERS
    10/29/2007       1,580       1.6783     $ 2,664.61  
CHARTER OAK PARTNERS
    10/30/2007       10,193       1.66     $ 16,976.35  
CHARTER OAK PARTNERS
    11/14/2007       7,505       1.31     $ 10,136.75  
CHARTER OAK PARTNERS
    11/14/2007       29,202       1.25     $ 36,945.53  
CHARTER OAK PARTNERS
    11/14/2007       4,819       1.3026     $ 6,306.33  
Subtotal
            158,183             $ 264,161.42  
 
                               
Total
            2,371,118             $ 4,045,114.05  

14

EX-99.2 3 y43867exv99w2.htm EX-99.2: JOINT FILING AGREEMENT EX-99.2
 

Exhibit 2
JOINT FILING AGREEMENT
     In accordance with Rule 13d-1(k)(1)(iii) under the Securities Exchange Act of 1934, as amended, the Reporting Persons agree to the joint filing on behalf of each of them of a Schedule 13D (including amendments thereto) with respect to the Common Stock of Tumbleweed Communications Corp. This Joint Filing Agreement shall be filed as an Exhibit to such Statement.
DATED: December 6, 2007
             
 
  By:   /s/ Scott A. Fine
 
   
    Scott A. Fine, individually, and a member of Empire GP, L.L.C.    
    and Empire Capital Management, L.L.C.    
 
           
 
  By:   /s/ Peter J. Richards
 
   
    Peter J. Richards, individually, and a member of Empire GP, L.L.C.    
    and Empire Capital Management, L.L.C.    

15

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