-----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, JuAy9RCe/GlQ4AdjW723sFzP1NarJNZeDuN/UjtWfZGRxR4F7tDmwoZlOfArBwcN 5fMYbrsaJhsIYlg1i5quBQ== 0001270974-06-000223.txt : 20061212 0001270974-06-000223.hdr.sgml : 20061212 20061212113722 ACCESSION NUMBER: 0001270974-06-000223 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20061212 DATE AS OF CHANGE: 20061212 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: T-3 ENERGY SERVICES INC CENTRAL INDEX KEY: 0000879884 STANDARD INDUSTRIAL CLASSIFICATION: OIL & GAS FILED MACHINERY & EQUIPMENT [3533] IRS NUMBER: 760697390 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-41982 FILM NUMBER: 061270615 BUSINESS ADDRESS: STREET 1: 7135 ARDMORE CITY: HOUSTON STATE: TX ZIP: 77054 BUSINESS PHONE: 713 996 4110 MAIL ADDRESS: STREET 1: 13111 NORTHWEST FREEWAY STREET 2: SUITE 500 CITY: HOUSTON STATE: TX ZIP: 77040 FORMER COMPANY: FORMER CONFORMED NAME: INDUSTRIAL HOLDINGS INC DATE OF NAME CHANGE: 19930328 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CANNELL CAPITAL LLC CENTRAL INDEX KEY: 0001058854 IRS NUMBER: 943366999 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 150 CALIFORNIA STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94111 BUSINESS PHONE: 4158358300 MAIL ADDRESS: STREET 1: 150 CALIFORNIA STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94111 FORMER COMPANY: FORMER CONFORMED NAME: CANNELL J CARLO DBA CANNELL CAPITAL MGMT DATE OF NAME CHANGE: 19980330 SC 13G 1 t3energyservices11-06.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. )* T-3 Energy Services, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK - -------------------------------------------------------------------------------- (Title of Class Securities) 87306E107 ------------------------------------ (CUSIP Number) November 30, 2006 - -------------------------------------------------------------------------------- (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) |X| 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 disclosure 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 that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). .......................... CUSIP No. 87306E107 .......................... - -------------------------------------------------------------------------------- Name of Reporting Persons. 1 I.R.S. Identification Nos. of above persons (entities only). J. Carlo Cannell - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- Check the Appropriate Box if a Member of a Group (See Instructions) 2 (a) (b) - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- SEC Use Only 3 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- Citizenship or Place of Organization 4 USA - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 5 Sole Voting Power 1,000,000 number of shares beneficially owned by each reporting person with - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 6 Shared Voting Power - ------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 7 Sole Dispositive Power 1,000,000 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 8 Shared Dispositive Power - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 9 Aggregate Amount Beneficially Owned by Each Reporting Person 1,000,000 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 11 Percent of Class Represented by Amount in Row (9) 9.3% - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- Item 1. (a) Name of Issuer T-3 Energy Services, Inc. (b) Address of Issuer's Principal Executive Offices 7135 Ardmore Houston, TX 77054 Item 2. (a) Name of Person Filing The person filing this report is J. Carlo Cannell ("Cannell") who is the controlling member of Cannell Capital, LLC ("Adviser"). The Adviser acts as the investment sub adviser to The Cuttyhunk Fund Limited ("Cuttyhunk"), investment adviser to Anegada Master Fund Limited ("Anegada"), and TE Cannell Portfolio, Ltd. ("TEC") and is the general partner of and investment adviser to Tonga Partners, L.P. ("Tonga"), Tristan Partners, L.P. ("Tristan"), and Kauai Partners, L.P. ("Kauai" and, collectively, with Cuttyhunk, Anegada, TEC, Tonga and Tristan the "Funds"). The principal business of each Fund is to invest in securities. Information with respect to each Reporting Person is given solely by the respective Reporting Person, and no Reporting Person undertakes hereby any responsibility for the accuracy or completeness or such information concerning any other Reporting Person. (b) Address of Principal Business office or, if None, Residence The principal office and business address of Mr. Cannell is P.O.Box 3459, 240 E. Deloney Ave., Jackson, WY 83001. (c) Citizenship USA (d) Title of Class Securities Common Stock (e) CUSIP Number 87306E107 Item 3. If this statement is filed pursuant to ss 240.13d-1(b), or ss 240.13d-2(b) or (c), check whether the person filing is a: N/A Item 4. Ownership Common Stock: As of November 30, 2006, the Reporting Persons directly or indirectly beneficially owned 1,000,000 shares, or 9.3%, of Common Stock of T-3 Energy Services, Inc. (the approximate percentage of the shares of Common Stock owned is based on 10,750,682 shares of common stock outstanding by T-3 Energy Services, Inc., on November 9, 2006). (1) Cuttyhunk owns 0 shares (0%) (2) Anegada owns 280,300 shares (2.6%) (3) TE Cannell owns 271,700 shares (2.5%) (4) Tonga owns 448,000 shares(4.2%) (5) Tristan owns 0 shares (0%) (6) Kauai owns 0 shares (0%) (7) J. Carlo Cannell owns 0 shares (0%). 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 securities, check the following | | Item 6. Ownership of More than Five Percent on Behalf of Another Person. Adviser, and Cannell, the majority owner and managing member of Adviser, have the right or the power to direct the receipt of dividends from Common Stock, and to direct the receipt of proceeds from the sale of Common Stock to Adviser's investment advisory clients. No single investment advisory client of Adviser owns more than 5% of the Common Stock. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. Not Applicable Item 8. Identification 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. SIGNATURE Date: December 11, 2006 J. CARLO CANNELL /s/ J. Carlo Cannell ------------------------------------------ J. Carlo Cannell -----END PRIVACY-ENHANCED MESSAGE-----