SEC Info℠ | Home | Search | My Interests | Help | Sign In | Please Sign In | ||||||||||||||||||||
As Of Filer Filing For·On·As Docs:Size Issuer Agent 2/14/08 M.A.G. Capital, LLC SC 13D/A 1:134K Presidion Corp Vintage/FA David F. Firestone Mercator Momentum Fund III, L.P. Mercator Momentum Fund, L.P. Monarch Pointe Fund, Ltd. |
Document/Exhibit Description Pages Size 1: SC 13D/A Amendment to General Statement of Beneficial HTML 82K Ownership
SCHEDULE
13D
Under
the Securities Exchange Act of 1934
(Amendment
No. 3)*
|
PRESIDION
CORPORATION
|
(Name
of Issuer)
|
(Title
of Class of Securities)
|
58446
W 10 9
|
(CUSIP
Number)
|
555
South Flower Street, Suite 4200
|
(Name,
Address and Telephone Number of Person Authorized to
Receive
Notices and Communications)
|
(Date
of Event which Requires Filing of this
Statement)
|
CUSIP
No. 58446
W 10 9
|
|||||
1. |
Names
of Reporting Persons I.R.S.
Identification
Nos. of above persons [entities only]
|
||||
Mercator
Momentum Fund, L.P.
|
|||||
2. |
Check
The Appropriate Box iIf a Member of a Group (See
Instructions)
|
||||
(a) o | |||||
(b) x | |||||
3. |
SEC
Use Only
|
||||
4. |
Source
of Funds (See Instructions)
|
OO
|
|||
5. |
Check
if Disclosure of Legal Proceedings Is Required Pursuant to Items
2(d) or
2(e)
|
||||
6. |
Citizenship
or Place of
Organization
California
|
||||
Number
of
|
7. |
Sole
Voting Power
|
0
|
||
Shares
|
|||||
Benefically
|
8. |
Shared
Voting Power
|
12,800,000
|
||
Qwned
by each
|
|||||
Reporting
|
8. |
Sole
Dispositive Power
|
0
|
||
person
with
|
|||||
|
10. |
Shared
Dispositive Power
|
12,800,000
|
||
11. |
Aggregate
Amount Beneficially Owned by Each Reporting Person
|
12,800,000
|
|||
12. |
Check
if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
|
||||
13. |
Percent
of Class Represented by Amount in Row (11)
|
9.6%
|
|||
14. |
Type
Of Reporting Person (See Instructions)
|
||||
PN
|
|||||
CUSIP
No. 58446
W 10 9
|
|||||
1. |
Names
of Reporting Persons I.R.S.
Identification
Nos. of above persons [entities only]
|
||||
Mercator
Momentum Fund III, L.P.
|
|||||
2. |
Check
The Appropriate Box iIf a Member of a Group (See
Instructions)
|
||||
(a) o | |||||
(b) x | |||||
3. |
SEC
Use Only
|
||||
4. |
Source
of Funds (See Instructions)
|
WC
|
|||
5. |
Check
if Disclosure of Legal Proceedings Is Required Pursuant to Items
2(d) or
2(e)
|
||||
6. |
Citizenship
or Place of
Organization
California
|
||||
Number
of
|
7. |
Sole
Voting Power
|
0
|
||
Shares
|
|||||
Benefically
|
8. |
Shared
Voting Power
|
0
|
||
Qwned
by each
|
|||||
Reporting
|
8. |
Sole
Dispositive Power
|
0
|
||
person
with
|
|||||
|
10. |
Shared
Dispositive Power
|
0
|
||
11. |
Aggregate
Amount Beneficially Owned by Each Reporting Person
|
0
|
|||
12. |
Check
if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
|
||||
13. |
Percent
of Class Represented by Amount in Row (11)
|
0%
|
|||
14. |
Type
Of Reporting Person (See Instructions)
|
||||
PN
|
|||||
CUSIP
No. 58446
W 10 9
|
|||||
1. |
Names
of Reporting Persons I.R.S.
Identification
Nos. of above persons [entities only]
|
||||
Monarch
Pointe Fund, Ltd.
|
|||||
2. |
Check
The Appropriate Box iIf a Member of a Group (See
Instructions)
|
||||
(a) o | |||||
(b) x | |||||
3. |
SEC
Use Only
|
||||
4. |
Source
of Funds (See Instructions)
|
WC
|
|||
5. |
Check
if Disclosure of Legal Proceedings Is Required Pursuant to Items
2(d) or
2(e)
|
||||
6. |
Citizenship
or Place of
Organization British
Virgin Islands
|
||||
Number
of
|
7. |
Sole
Voting Power
|
0
|
||
Shares
|
|||||
Benefically
|
8. |
Shared
Voting Power
|
13,315,000
(1)
|
||
Qwned
by each
|
|||||
Reporting
|
8. |
Sole
Dispositive Power
|
0
|
||
person
with
|
|||||
|
10. |
Shared
Dispositive Power
|
13,315,000
(1)
|
||
11. |
Aggregate
Amount Beneficially Owned by Each Reporting Person
|
13,315,000
(1)
|
|||
12. |
Check
if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
|
||||
13. |
Percent
of Class Represented by Amount in Row (11)
|
9.9%
|
|||
14. |
Type
Of Reporting Person (See Instructions)
|
||||
CO
|
|||||
CUSIP
No. 58446
W 10 9
|
|||||
1. |
Names
of Reporting Persons I.R.S.
Identification
Nos. of above persons [entities only]
|
||||
M.A.G.
Capital, LLC
|
|||||
2. |
Check
The Appropriate Box iIf a Member of a Group (See
Instructions)
|
||||
(a) o | |||||
(b) x | |||||
3. |
SEC
Use Only
|
||||
4. |
Source
of Funds (See Instructions)
|
AF
|
|||
5. |
Check
if Disclosure of Legal Proceedings Is Required Pursuant to Items
2(d) or
2(e)
|
||||
6. |
Citizenship
or Place of
Organization California
|
||||
Number
of
|
7. |
Sole
Voting Power
|
0
|
||
Shares
|
|||||
Benefically
|
8. |
Shared
Voting Power
|
13,429,167
(1)
|
||
Qwned
by each
|
|||||
Reporting
|
8. |
Sole
Dispositive Power
|
0
|
||
person
with
|
|||||
|
10. |
Shared
Dispositive Power
|
13,429,167(1)
|
||
11. |
Aggregate
Amount Beneficially Owned by Each Reporting Person
|
13,429,167(1)
|
|||
12. |
Check
if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
|
||||
13. |
Percent
of Class Represented by Amount in Row (11)
|
10.0%
|
|||
14. |
Type
Of Reporting Person (See Instructions)
|
||||
IA
|
|||||
CUSIP
No. 58446
W 10 9
|
|||||
1. |
Names
of Reporting Persons I.R.S.
Identification
Nos. of above persons [entities only]
|
||||
David
F. Firestone
|
|||||
2. |
Check
The Appropriate Box iIf a Member of a Group (See
Instructions)
|
||||
(a) o | |||||
(b) x | |||||
3. |
SEC
Use Only
|
||||
4. |
Source
of Funds (See Instructions)
|
AF
|
|||
5. |
Check
if Disclosure of Legal Proceedings Is Required Pursuant to Items
2(d) or
2(e)
|
||||
6. |
Citizenship
or Place of
Organization USA
|
||||
Number
of
|
7. |
Sole
Voting Power
|
581,143
|
||
Shares
|
|||||
Benefically
|
8. |
Shared
Voting Power
|
13,429,167
(1)
|
||
Qwned
by each
|
|||||
Reporting
|
8. |
Sole
Dispositive Power
|
581,143
|
||
person
with
|
|||||
|
10. |
Shared
Dispositive Power
|
13,429,167
(1)
|
||
11. |
Aggregate
Amount Beneficially Owned by Each Reporting Person
|
14,010,310
(1)
|
|||
12. |
Check
if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
|
||||
13. |
Percent
of Class Represented by Amount in Row (11)
|
10.4%
|
|||
14. |
Type
Of Reporting Person (See Instructions)
|
||||
IN
|
|||||
· |
Momentum
Fund owns 6,400 Series B Shares (convertible into 12,800,000 shares
of
Common Stock).
|
· |
MPF
owns 14,200 Series B Shares (convertible into 28,400,000 shares of
Common
Stock).
|
· |
Firestone
owns 581,143 shares of Common Stock.
|
· |
On
December 22, 2007, the warrants acquired from MAG by Momentum Fund,
Momentum Fund III and MPF pursuant to the Assignment and Assumption
Agreement expired. None of the warrants were exercised.
|
· |
On
December 31, 2007, Momentum Fund III sold 4,400 Series B Shares to
an
unrelated third party.
|
MERCATOR MOMENTUM FUND, L.P. | ||
|
|
|
By: | M.A.G. CAPITAL, LLC | |
its general partner | ||
By: /s/ David Firestone | ||
David Firestone, Managing Partner |
MERCATOR MOMENTUM FUND III, L.P. | ||
|
|
|
By: | M.A.G. CAPITAL, LLC | |
its general partner | ||
By: /s/ David Firestone | ||
David Firestone, Managing Partner |
MONARCH POINTE FUND, LTD. | ||
|
|
|
By: | /s/ David Firestone | |
David Firestone, Director |
M.A.G. CAPITAL, LLC. | ||
|
|
|
By: | /s/ David Firestone | |
David Firestone, Managing Partner |
||
/s/ David Firestone | ||
David Firestone |
This ‘SC 13D/A’ Filing | Date | Other Filings | ||
---|---|---|---|---|
Filed on: | 2/14/08 | SC 13G/A | ||
2/13/08 | SC 13G/A | |||
12/31/07 | ||||
12/22/07 | ||||
12/13/07 | ||||
2/28/07 | ||||
2/9/05 | 8-K | |||
2/4/05 | ||||
11/1/04 | ||||
9/30/04 | 10-Q, NT 10-Q, SC 13G | |||
3/27/03 | SC 13D | |||
List all Filings |