-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, OdSn33Yzyo+QUr9y7QmO2adrxNNS38dTS2sg+HBiTuTlJ9ZfleYKn/OYqOtk4/A5 KmBFpqSniDzjJpM1crAh7A== 0000922423-04-002081.txt : 20041222 0000922423-04-002081.hdr.sgml : 20041222 20041222164431 ACCESSION NUMBER: 0000922423-04-002081 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20041222 DATE AS OF CHANGE: 20041222 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: COMMAND SECURITY CORP CENTRAL INDEX KEY: 0000864509 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-DETECTIVE, GUARD & ARMORED CAR SERVICES [7381] IRS NUMBER: 141626307 STATE OF INCORPORATION: NY FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-53751 FILM NUMBER: 041221318 BUSINESS ADDRESS: STREET 1: ROUTE 55 LEXINGTON PARK STREET 2: P O BOX 340 CITY: LAGRANGEVILLE STATE: NY ZIP: 12540 BUSINESS PHONE: 9144543703 MAIL ADDRESS: STREET 1: RTE 55 LEXINGTON PARK STREET 2: P O BOX 340 CITY: LAGRANGEVILLE STATE: NY ZIP: 12540 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Trinad Capital L.P. CENTRAL INDEX KEY: 0001289378 IRS NUMBER: 200593276 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 153 EAST 53RD ST. STREET 2: 48TH FLOOR CITY: NEW YORK STATE: X1 ZIP: 10022 BUSINESS PHONE: 212 521 5180 MAIL ADDRESS: STREET 1: 153 EAST 53RD ST. STREET 2: 48TH FLOOR CITY: NEW YORK STATE: X1 ZIP: 10022 SC 13D/A 1 kl12049_sc13d-a.txt SCHEDULE 13D AMENDMENT NO. 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d- 1(A) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) Amendment No.1 Command Security Corporation ---------------------------- (Name of Issuer) Common Stock ------------ (Title of Class of Securities) 20050L100 --------- (CUSIP Number) Trinad Capital L.P. 153 East 53rd Street, 48th Floor New York, N.Y. 10022 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) December 22, 2004 ----------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f), or 13d-1(g), check the following box: |_|. SCHEDULE 13D CUSIP No. 20050L100 - ------------------- 1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Trinad Capital L.P. - -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3) SEC USE ONLY - -------------------------------------------------------------------------------- 4) SOURCE OF FUNDS OO - -------------------------------------------------------------------------------- 5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| - -------------------------------------------------------------------------------- 6) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 7) SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------------- BENEFICIALLY 8) SHARED VOTING POWER OWNED BY 2,105,690 EACH ------------------------------------------------- REPORTING 9) SOLE DISPOSITIVE POWER PERSON 0 WITH ------------------------------------------------- 10) SHARED DISPOSITIVE POWER 2,105,690 - -------------------------------------------------------------------------------- 11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,105,690 - -------------------------------------------------------------------------------- 12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - -------------------------------------------------------------------------------- 13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 24.87% - -------------------------------------------------------------------------------- 14) TYPE OF REPORTING PERSON PN - -------------------------------------------------------------------------------- SCHEDULE 13D CUSIP No. 20050L100 - ------------------- 1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Robert Ellin - -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3) SEC USE ONLY - -------------------------------------------------------------------------------- 4) SOURCE OF FUNDS OO - -------------------------------------------------------------------------------- 5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| - -------------------------------------------------------------------------------- 6) CITIZENSHIP OR PLACE OF ORGANIZATION United States of America - -------------------------------------------------------------------------------- 7) SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------------- BENEFICIALLY 8) SHARED VOTING POWER OWNED BY 2,105,690 EACH ------------------------------------------------- REPORTING 9) SOLE DISPOSITIVE POWER PERSON 0 WITH ------------------------------------------------- 10) SHARED DISPOSITIVE POWER 2,105,690 - -------------------------------------------------------------------------------- 11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,105,690 - -------------------------------------------------------------------------------- 12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - -------------------------------------------------------------------------------- 13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 24.87% - -------------------------------------------------------------------------------- 14) TYPE OF REPORTING PERSON IN - -------------------------------------------------------------------------------- Item 1. Security and Issuer. The class of equity securities to which this statement relates is the common stock, par value .0001, (the "Common Stock") of Command Security Corp ("the Company"). The principal executive offices of the Company are located at Route 55, Lexington Park, Lagrangeville, NY, 12540. Item 2. Identity and Background. (a) - (c) This statement is being filed jointly by Trinad Captital L.P. ("Trinad Capital") and Robert Ellin, Managing Member of Trinad Capital, (together, the "Reporting Persons"). Trinad Capital, a Delaware limited liability partnership, is a hedge fund dedicated to investing micro-cap companies, whose principal place of business is 153 East 53rd Street, 48th Floor, New York, NY 10022. Robert Ellin is principally employed as the General Partner of, and owns 6.2% of, Trinad Capital. (d) - (e) The Reporting Persons have not, during the last five years, been convicted in a criminal proceeding (excluding traffic violations and similar misdemeanors) or been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, Federal or state securities laws or finding any violation with respect to such laws. Item 3. Source and Amount of Funds or Other Consideration. Trinad Capital used an aggregate of $150,782.25 of cash to purchase an aggregate of 150,000 shares of Common Stock and warrants to purchase 383,015 shares of Comon Stock at an exercise price of $1.25 per share. The purchase price for such acquired shares of Common Stock and warrants for the purchase of shares of Common Stock was paid out of Trinad Capital's Investment Capital. Item 4. Purpose of Transaction. On December 22, 2004, Trinad received 125,000 shares of Common Stock from William C. Vassell, a former officer and director of the Company as part of a settlement agreement between Mr. Vassell and the Company. On December 22, 2004, Trinad purchased 25,000 shares of Common Stock and warrants to purchase an additional 383,015 shares of Common Stock, at an exercise price of $1.25 per share, from Atlantis Equities, Inc. ("Atlantis"), an entity controlled by Nancy Ellin, the spouse of Mr. Ellin. Mr. Ellin is the President of Atlantis. The Reporting Persons have purchased and hold the shares of Common Stock reported by them for investment purposes. Item 5. Interest in Securities of the Issuer. (a) As of the date hereof, Trinad Capital may be deemed to beneficially own an aggregate of 2,105,690 shares of Common Stock, representing approximately 24.87% of the outstanding shares of Common Stock. As of the date hereof, Robert Ellin may be deemed to beneficially own an aggregate of 2,105,690 shares of Common Stock, representing approximately 24.87% of the outstanding shares of Common Stock (b) Trinad Capital and Robert Ellin have shared voting power over and shared power to dispose of 2,105,690 shares of Common Stock. (c) On December 17, 2004, Trinad received 35,088 shares of Common Stock from the Company upon exercise of warrants for such shares of Common Stock, at an exercise price of $1.03125 per share. (d) Not applicable. (e) Not applicable. Item 6. Contracts, Arrangements, Understanding or Relationships With Respect to Securities of the Issuer. None. Item 7. Material to be Filed as Exhibits. Exhibit A: Joint Filing Agreement SIGNATURES ---------- After reasonable inquiry and to the best knowledge and belief of the undersigned, the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: December 22, 2004 /s/ Robert Ellin ------------------------------------ Robert Ellin General Partner, Trinad Capital L.P. _____________________ Robert Ellin Exhibit A Agreement of Joint Filing Pursuant to Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned persons hereby agree to file with the Securities and Exchange Commission the Statement on Schedule 13D (the "Statement") to which this Agreement is attached as an exhibit, and agree that such Statement, as so filed, is filed on behalf of each of them. IN WITNESS WHEREOF, the undersigned have executed this Agreement. Dated: December 22, 2004 Robert Ellin By: ____________________ Trinad Capital L.P. By: /s/ Robert Ellin ------------------------------ Name: Robert Ellin Title: General Partner -----END PRIVACY-ENHANCED MESSAGE-----