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