0001448562-14-000005.txt : 20140703 0001448562-14-000005.hdr.sgml : 20140703 20140703134539 ACCESSION NUMBER: 0001448562-14-000005 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140630 FILED AS OF DATE: 20140703 DATE AS OF CHANGE: 20140703 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: 0610 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: IBS CAPITAL LLC CENTRAL INDEX KEY: 0001414860 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-31380 FILM NUMBER: 14959987 BUSINESS ADDRESS: STREET 1: ONE INTERNATIONAL PLACE STREET 2: 2401 CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: (617) 310-5160 MAIL ADDRESS: STREET 1: ONE INTERNATIONAL PLACE STREET 2: 2401 CITY: BOSTON STATE: MA ZIP: 02110 4 1 primary_doc.xml PRIMARY DOCUMENT X0306 4 2014-06-30 0 0000008328 Applied Minerals, Inc. AMNL 0001414860 IBS CAPITAL LLC ONE INTERNATIONAL PLACE 31ST FLOOR BOSTON MA 02110 0 0 1 0 Common Stock 2014-06-30 4 S 0 540000 0.83 D 22331153 I See Notes. Common Stock 2014-06-30 4 P 0 342350 0.83 A 22331153 I See Notes. Common Stock 2014-06-30 4 P 0 197650 0.83 A 22331153 I See Notes. On June 30, 2014, The IBS Opportuntiy Fund, Ltd. ("Opportunity Fund") sold 342,350 shares of AMNL common stock to The IBS Turnaround Fund (QP) (A Limited Partnership) ("QP Fund") and 197,650 shares of AMNL common stock to The IBS Turnaround Fund (A Limited Partnership) ("LP Fund"). After completion of these transactions, IBS Capital LLC ("IBS Capital") indirectly beneficial owed 22,331,153 shares of AMNL common stock which consisted of (i) 13,284,670 shares of AMNL common stock directly beneficially owned by QP Fund, (ii) 6,451,889 shares of AMNL common stock direcly beneficially owned by LP Fund and (iii) 2,594,594 shares of AMNL common stock directly benefically owned by Opportunity Fund. IBS Capital is the general partner of QP Fund and LP Fund and is the investment manager of 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. IBS Capital LLC by David A. Taft, Manager 2014-07-03 THe IBS Turnaround Fund (QP) (A Limited Partnership) by IBS Capital LLC, its general partner by David A. Taft 2014-07-03