0001654954-17-000999.txt : 20170213 0001654954-17-000999.hdr.sgml : 20170213 20170213160115 ACCESSION NUMBER: 0001654954-17-000999 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20170213 DATE AS OF CHANGE: 20170213 GROUP MEMBERS: GLOBIS ASIA, L.L.C. GROUP MEMBERS: GLOBIS CAPITAL ADVISORS, L.L.C. GROUP MEMBERS: GLOBIS CAPITAL MANAGEMENT, L.P. GROUP MEMBERS: GLOBIS CAPITAL PARTNERS, L.P. GROUP MEMBERS: GLOBIS CAPITAL, L.L.C. GROUP MEMBERS: GLOBIS OVERSEAS FUND, LTD. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Enerpulse Technologies, Inc. CENTRAL INDEX KEY: 0001495899 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] IRS NUMBER: 272969241 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-85893 FILM NUMBER: 17598926 BUSINESS ADDRESS: STREET 1: 2451 ALAMO AVENUE SE CITY: ALBUQUERQUE STATE: NM ZIP: 87106 BUSINESS PHONE: 505-842-5201 MAIL ADDRESS: STREET 1: 2451 ALAMO AVENUE SE CITY: ALBUQUERQUE STATE: NM ZIP: 87106 FORMER COMPANY: FORMER CONFORMED NAME: L2 MEDICAL DEVELOPMENT CO DATE OF NAME CHANGE: 20130415 FORMER COMPANY: FORMER CONFORMED NAME: SMSA Katy Acquisition Corp DATE OF NAME CHANGE: 20100702 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PACKER PAUL CENTRAL INDEX KEY: 0001268460 FILING VALUES: FORM TYPE: SC 13G/A MAIL ADDRESS: STREET 1: C/O GLOBIS CAPITAL PARTNERS LP STREET 2: 60 BROAD ST CITY: NEW YORK STATE: NY ZIP: 10004 SC 13G/A 1 globis_sc13g.htm SC 13G AMENDMENT NO. 2 Blueprint
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
SCHEDULE 13G
 
Information Statement Pursuant to Rules 13d-1 and 13d-2
Under the Securities Exchange Act of 1934
 
(Amendment No. 2)*
Enerpulse Technologies, Inc.
(Name of Issuer)
 
Common Stock, $0.001 par value
(Title of Class of Securities)
 
29278A101
(CUSIP Number)
 
December 31, 2016
(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)
☐ Rule 13d-1(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 at section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 
 
CUSIP No. 29278A101
 
1.       Names of Reporting Persons: Globis Capital Partners, L.P.
          I.R.S. Identification Nos. of above persons (entities only):
 
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: 513,779
 
7.       Sole Dispositive Power: 0
 
8.       Shared Dispositive Power: 513,779
 
9.       Aggregate Amount Beneficially Owned by Each Reporting Person: 513,779
 
10.     Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ☐
 
11.     Percent of Class Represented by Amount in Row (9): 1.5%
 
12.     Type of Reporting Person (See Instructions) PN
 
 
 

2
 
 
CUSIP No. 29278A101
 
1.       Names of Reporting Persons: Globis Capital Advisors, L.L.C.
   I.R.S. Identification Nos. of above persons (entities only):
 
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: 513,779
 
7.       Sole Dispositive Power: 0
 
8.       Shared Dispositive Power: 513,779
 
9.       Aggregate Amount Beneficially Owned by Each Reporting Person: 513,779
 
10.     Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ☐
 
11.     Percent of Class Represented by Amount in Row (9): 1.5%
 
12.     Type of Reporting Person (See Instructions) OO
 
 
 

3
 
 
CUSIP No. 29278A101
 
1.       Names of Reporting Persons: Globis Overseas Fund, Ltd.
  I.R.S. Identification Nos. of above persons (entities only):
 
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: Cayman Islands
 
Number of Shares Beneficially by Owned by Each Reporting Person with:
 
5.       Sole Voting Power: 0
 
6.       Shared Voting Power: 173,701
 
7.       Sole Dispositive Power: 0
 
8.       Shared Dispositive Power: 173,701
 
9.       Aggregate Amount Beneficially Owned by Each Reporting Person: 173,701
 
10.     Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ☐
 
11.     Percent of Class Represented by Amount in Row (9): 0.5%
 
12.     Type of Reporting Person (See Instructions) OO
 
 
 

4
 
 
CUSIP No. 29278A101
 
1.       Names of Reporting Persons: Globis Capital Management, L.P.
  I.R.S. Identification Nos. of above persons (entities only):
 
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: 687,480
 
7.       Sole Dispositive Power: 0
 
8.       Shared Dispositive Power: 687,480
 
9.       Aggregate Amount Beneficially Owned by Each Reporting Person: 687,480
 
10.     Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ☐
 
11.     Percent of Class Represented by Amount in Row (9): 2.1%
 
12.     Type of Reporting Person (See Instructions) PN
 
 
 

5
 
 
CUSIP No. 29278A101
 
1.       Names of Reporting Persons: Globis Capital, L.L.C.
  I.R.S. Identification Nos. of above persons (entities only):
 
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: 687,480
 
7.       Sole Dispositive Power: 0
 
8.       Shared Dispositive Power: 687,480
 
9.       Aggregate Amount Beneficially Owned by Each Reporting Person: 687,480
 
10.     Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ☐
 
11.     Percent of Class Represented by Amount in Row (9): 2.1%
 
12.     Type of Reporting Person (See Instructions) OO
 
 

6
 
 
CUSIP No. 29278A101
 
1.       Names of Reporting Persons: Globis Asia, L.L.C.
  I.R.S. Identification Nos. of above persons (entities only):
 
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: 981,567
 
7.       Sole Dispositive Power: 0
 
8.       Shared Dispositive Power: 981,567
 
9.       Aggregate Amount Beneficially Owned by Each Reporting Person: 981,567
 
10.     Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ☐
 
11.     Percent of Class Represented by Amount in Row (9): 3.0%
 
12.     Type of Reporting Person (See Instructions) OO
 
 
 

7
 
 
CUSIP No. 29278A101
 
1.       Names of Reporting Persons: Paul Packer
  I.R.S. Identification Nos. of above persons (entities only):
 
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: United States
 
Number of Shares Beneficially by Owned by Each Reporting Person with:
 
5.       Sole Voting Power: 0
 
6.       Shared Voting Power: 1,669,047
 
7.       Sole Dispositive Power: 0
 
8.       Shared Dispositive Power: 1,669,047
 
9.       Aggregate Amount Beneficially Owned by Each Reporting Person: 1,669,047
 
10.     Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ☐
 
11.     Percent of Class Represented by Amount in Row (9): 4.99%
 
12.     Type of Reporting Person (See Instructions) IN
 
 
 
The above amounts do not include the following: (i) 15,747 shares of common stock that may be purchased by Globis Overseas Fund, Ltd. upon the exercise of warrants, (ii) 2,000,000 shares of common stock issuable upon conversion of convertible debt held by Globis Capital Partners, L.P. and (iii) 500,000 shares of common stock issuable upon conversion of convertible debt held by Globis Overseas Fund, Ltd. These shares of common stock are excluded because the warrants and convertible debt contain provisions that block exercise if such exercise will result in the holder having beneficial ownership of more than 4.99% of common stock.
 
 
8
 
 
Item 1.
 
(a)
Name of Issuer:
Enerpulse Technologies, Inc.
(b)
Address of Issuer’s Principal Executive Offices:
2451 Alamo Ave SE
Albuquerque, NM 87106
Item 2.
 
(a)
Name of Person Filing:
This Schedule 13G is being jointly filed by each of the following persons pursuant to Rule 13d-1 promulgated by the Securities and Exchange Commission pursuant to Section 13 of the Securities Exchange Act of 1934, as amended (the “Act”):
(i)
Globis Capital Partners, L.P., a Delaware limited partnership ("Globis Partners"), with respect to shares of Common Stock (as defined in Item 2(d) below) directly held by it;
(ii)
Globis Capital Advisors, L.L.C., a Delaware limited liability company ("Globis Advisors"), serves as the general partner of Globis Partners, with respect to shares of Common Stock directly held by Globis Partners;
(iii)
Globis Overseas Fund, Ltd., a Cayman Islands exempted company ("Globis Overseas"), with respect to shares of Common Stock directly held by it;
(iv)
Globis Capital Management, L.P., a Delaware limited partnership (the "Investment Manager"), which serves as investment manager to, and has investment discretion over the securities held by, Globis Partners and Globis Overseas, with respect to shares of Common Stock directly held by Globis Partners and Globis Overseas;
(v)
Globis Capital, L.L.C., a Delaware limited liability company ("GC"), which serves as the general partner of the Investment Manager, with respect to shares of Common Stock directly held by Globis Partners and Globis Overseas;
(vi)
Globis Asia, L.L.C., a Delaware limited liability company (“Globis Asia”) with respect to shares of Common Stock directly held by it; and
(vii)
Mr. Paul Packer ("Mr. Packer"), who is the Managing Member of Globis Advisors, GC, and Globis Asia with respect to shares of Common Stock directly held by Globis Partners, Globis Overseas and Globis Asia.
 
9
 
 
Globis Partners, Globis Advisors, Globis Overseas, the Investment Manager, GC, Globis Asia and Mr. Packer 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.
(b)
Address of Principal Business Office or, if none, Residence
The principal office and business address of Globis Partners, Globis Advisors, Globis Overseas, the Investment Manager, GC, Globis Asia and Mr. Packer is:
805 Third Avenue
15th Floor
New York, N.Y. 10022
(c)
Citizenship
See Item 2(a) above and Item 4 of each cover page.
(d)
Title of Class of Securities
Common Stock, $0.001 par value
(e)
CUSIP Number
29278A101
Item 3.
If this statement is filed pursuant to §§240.13d-1(b) 240.13d-2(b) or (c), check whether the person is filing is a:
(a)
☐            Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
☐            Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
☐            Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
☐            Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
☐            An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
 
10
 
(f)
☐            An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
(g)
☐            A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
(h)
☐            A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
☐            A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
☐            Group, in accordance with §240.13d-1(b)(1)(ii)(J).
Item 4.
Ownership:
A.
Globis Capital Partners, L.P.
(a)
Amount beneficially owned: 513,779
(b)
Percent of class: 1.5%
(c)
Number of shares as to which such person has:
(i)
Sole power to vote or direct the vote: -0-
(ii)
Shared power to vote or direct the vote: 513,779
(iii)
Sole power to dispose or direct the disposition: -0-
(iv)
Shared power to dispose or direct the disposition: 513,779
B.
Globis Capital Advisors, L.L.C.
(a)
Amount beneficially owned: 513,779
(b)
Percent of class: 1.5%
(c)
Number of shares as to which such person has:
(i)
Sole power to vote or direct the vote: -0-
(ii)
Shared power to vote or direct the vote: 513,779
(iii)
Sole power to dispose or direct the disposition: -0-
(iv)
Shared power to dispose or direct the disposition: 513,779
 
11
 
C.
Globis Overseas Fund, Ltd.
(a)
Amount beneficially owned: 173,701
(b)
Percent of class: 0.5%
(c)
Number of shares as to which such person has:
(i)
Sole power to vote or direct the vote: -0-
(ii)
Shared power to vote or direct the vote: 173,701
(iii)
Sole power to dispose or direct the disposition: -0-
(iv)
Shared power to dispose or direct the disposition: 173,701
D.
Globis Capital Management, L.P.
(a)
Amount beneficially owned: 687,480
(b)
Percent of class: 2.1%
(c)
Number of shares as to which such person has:
(i)
Sole power to vote or direct the vote: -0-
(ii)
Shared power to vote or direct the vote: 687,480
(iii)
Sole power to dispose or direct the disposition: -0-
(iv)
Shared power to dispose or direct the disposition: 687,480
E.
Globis Capital, L.L.C.
(a)
Amount beneficially owned: 687,480
(b)
Percent of class: 2.1%
(c)
Number of shares as to which such person has:
(i)
Sole power to vote or direct the vote: -0-
(ii)
Shared power to vote or direct the vote: 687,480
(iii)
Sole power to dispose or direct the disposition: -0-
(iv)
Shared power to dispose or direct the disposition: 687,480
F.
Globis Asia , L.L.C.
(a)
Amount beneficially owned: 981,567
(b)
Percent of class: 3.0%
 
12
 
(c)
Number of shares as to which such person has:
(i)
Sole power to vote or direct the vote: -0-
(ii)
Shared power to vote or direct the vote: 981,567
(iii)
Sole power to dispose or direct the disposition: -0-
(iv)
Shared power to dispose or direct the disposition: 981,567
G.
Paul Packer
(a)
Amount beneficially owned: 1,669,047
(b)
Percent of class: 4.99%
(c)
Number of shares as to which such person has:
(i)
Sole power to vote or direct the vote: -0-
(ii)
Shared power to vote or direct the vote: 1,669,047
(iii)
Sole power to dispose or direct the disposition: -0-
(iv)
Shared power to dispose or direct the disposition: 1,669,047
 
The above amounts do not include the following: (i) 15,747 shares of common stock that may be purchased by Globis Overseas Fund, Ltd. upon the exercise of warrants, (ii) 2,000,000 shares of common stock issuable upon conversion of convertible debt held by Globis Capital Partners, L.P. and (iii) 500,000 shares of common stock issuable upon conversion of convertible debt held by Globis Overseas Fund, Ltd. These shares of common stock are excluded because the warrants and convertible debt contain provisions that block exercise if such exercise will result in the holder having beneficial ownership of more than 4.99% of common stock.
 
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 ☒
Item 6.
Ownership of More than Five Percent on Behalf of Another Person.
Not applicable.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.
Not applicable.
 
13
 
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.

14
 
 
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 13, 2017
 
Date
 
 
/s/ Paul Packer                             
Paul Packer,
individually and as managing member of:
(a) Globis Capital Advisors, L.L.C.,
for itself and as the general partner of
Globis Capital Partners, L.P.; (b) Globis Capital, L.L.C., for itself and as the general partner of
Globis Capital Management, L.P., the Investment Manager of Globis Overseas Fund, Ltd.; and (c) Globis Asia L.L.C.
 
 

15
EX-1 2 ex_1.htm JOINT ACQUISITION STATEMENT Untitled Document
 
EXHIBIT 1
JOINT ACQUISITION STATEMENT
PURSUANT TO RULE 13d-1(k)
The undersigned acknowledge and agree that the foregoing statement on Schedule 13G, is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G, shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.
 
DATED: February 13, 2017
 
 
/s/ Paul Packer 
Paul Packer,
individually and as managing member of:
(a) Globis Capital Advisors, L.L.C.,
for itself and as the general partner of
Globis Capital Partners, L.P.;
(b) Globis Capital, L.L.C.,
for itself and as the general partner of
Globis Capital Management, L.P., the Investment Manager of Globis Overseas Fund, Ltd.; and (c) Globis Asia, L.L.C.