SC 13G/A 1 l30028asc13gza.txt JK ACQUISITION CORP. (STALEY CAPITAL) SC 13G/A --------------------------- OMB APPROVAL --------------------------- OMB Number: 3235-0145 --------------------------- Expires: December 31, 2005 --------------------------- Estimated average burden hours per response...11 --------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1)* JK Acquisition Corp. ----------------------------------------------------------------------------- (Name of Issuer) Common Stock ----------------------------------------------------------------------------- (Title of Class of Securities) 47759H106 ----------------------------------------------------------------------------- (CUSIP Number) 2/5/2008 ----------------------------------------------------------------------------- (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-(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 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 5 CUSIP NO. 47759H106 -------------------------------------------------------------------------------- 1 Names of Reporting Persons. I.R.S. Identification Nos. of Above Persons (Entities Only) Staley Capital Advisers, Inc. -------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (a) [ ] (See Instructions) (b) [ ] -------------------------------------------------------------------------------- 3 SEC Use Only -------------------------------------------------------------------------------- 4 Citizenship or Place of Organization Pennsylvania -------------------------------------------------------------------------------- Number of 5 Sole Voting Power 1,500,000 Shares ------------------------------------------------- Beneficially 6 Shared Voting Power 0 Owned by ------------------------------------------------- Each 7 Sole Dispositive Power 1,500,000 Reporting ------------------------------------------------- Person With 8 Shared Dispositive Power 0 -------------------------------------------------------------------------------- 9 Aggregate Amount Beneficially Owned by Each Reporting Person 1,500,000 -------------------------------------------------------------------------------- 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] -------------------------------------------------------------------------------- 11 Percent of Class Represented by Amount in Row (9) 9.1% -------------------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) Investment Adviser IA -------------------------------------------------------------------------------- Page 2 of 5 Answer every item. If an item is inapplicable or the answer is in the negative, so state. ITEM 1 (a). Name of Issuer: JK Acquisition Corp. --------------------------------------------------------------- ITEM 1 (b). Address of Issuer's Principal Executive Offices: 4400 Post Oak Parkway, Suite 2530 Houston, TX 77027 --------------------------------------------------------------- ITEM 2 (a). Name of Person Filing: Staley Capital Advisers, Inc. --------------------------------------------------------------- ITEM 2 (b). Address of Principal Business Office or, if None, Residence: One Oxford Centre, Suite 3950, Pittsburgh, PA 15219 --------------------------------------------------------------- ITEM 2 (c). Citizenship: U.S. --------------------------------------------------------------- ITEM 2 (d). Title of Class of Securities: common stock --------------------------------------------------------------- ITEM 2 (e). CUSIP Number: 47759H106 --------------------------------------------------------------- ITEM 3. IF THIS STATEMENT IF FILED PURSUANT TO RULE 13d-1(b), OR 13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A: (e) [X] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); Page 3 of 5 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: 1,500,000. (b) Percent of class: 9.1%. (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote. 1,500,000 (ii) Shared power to vote or to direct the vote. (iii) Sole power to dispose or to direct the disposition of 1,500,000. (iv) Shared power to dispose or to direct the disposition of. 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. Forum Capital Partners, a limited partnership 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. Not Applicable Page 4 of 5 ITEM 9. NOTICE OF DISSOLUTION OF GROUP. Not Applicable ITEM 10. CERTIFICATIONS. (a) Not Applicable (b) 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. February 5, 2008 ----------------------------------------- (Date) /s/ John A. Staley, IV ------------------------------------------ (Signature) John A. Staley, IV, President of Staley Capital Advisers, Inc. ------------------------------------------ (Name and Title) Page 5 of 5