0001448562-14-000001.txt : 20140402 0001448562-14-000001.hdr.sgml : 20140402 20140402174756 ACCESSION NUMBER: 0001448562-14-000001 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140331 FILED AS OF DATE: 20140402 DATE AS OF CHANGE: 20140402 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Applied Minerals, Inc. CENTRAL INDEX KEY: 0000008328 STANDARD INDUSTRIAL CLASSIFICATION: GOLD & SILVER ORES [1040] IRS NUMBER: 820096527 STATE OF INCORPORATION: DE FISCAL YEAR END: 1120 BUSINESS ADDRESS: STREET 1: 110 GREENE STREET STREET 2: SUITE 1101 CITY: NEW YORK STATE: NY ZIP: 10012 BUSINESS PHONE: 212-226-4256 MAIL ADDRESS: STREET 1: 110 GREENE STREET STREET 2: SUITE 1101 CITY: NEW YORK STATE: NY ZIP: 10012 FORMER COMPANY: FORMER CONFORMED NAME: ATLAS MINING CO DATE OF NAME CHANGE: 19990716 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: TAFT DAVID A CENTRAL INDEX KEY: 0001448562 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-31380 FILM NUMBER: 14739577 MAIL ADDRESS: STREET 1: ONE INTERNATIONAL PLACE STREET 2: STE 2401 CITY: BOSTON STATE: MA ZIP: 02110 4 1 primary_doc.xml PRIMARY DOCUMENT X0306 4 2014-03-31 0 0000008328 Applied Minerals, Inc. AMNL 0001448562 TAFT DAVID A ONE INTERNATIONAL PLACE, 31ST FLOOR BOSTON MA 02110 1 0 1 0 Common Stock 2014-03-31 5 S 0 E 787000 0.69 D 22331153 I See notes 1, 2, and 3 Common Stock 2014-03-31 5 P 0 E 635473 0.69 A 22331153 I See notes 1, 2, and 3 Common Stock 2014-03-31 5 P 0 E 151527 0.69 A 22331153 I See notes 1, 2, and 3 The reporting person is the president and a member of IBS Capital LLC ("IBS Capital"), which is the general partner of The IBS Turnaround Fund (QP) (A Limited Partnership) ("QP Fund")and The IBS Turnaround Fund (A Limited Partnership) ("LP Fund"). IBS Capital is the investment manager of The IBS Opportunity Fund, Ltd. ("Opportunity Fund"). On March 31, 2014 Opportunity Fund sold 635,473 shares of AMNL Common Stock to QP Fund and 151,527 shares of AMNL Common Stock to LP Fund. After Completion of these transactions, IBS Capital indirectly beneficially owned 22,331,153 shares of AMNL Common Stock which consisted of (i) 12,942,320 shares of AMNL Common Stock directly beneficially owned by QP Fund (ii) 6,254,239 shares of AMNL Common Stock directly beneficially owned by LP Fund and (iii) 3,134,594 shares of AMNL Common Stock directly beneficially owned by Opportunity Fund. The reported securities are directly beneficially owned by QP Fund, LP Fund and/or Opportunity Fund. The reporting person disclaims beneficial ownership of the reported securities except to the extent of any pecuniary interest therein. David A. Taft 2014-04-02