UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
Under the Securities Exchange Act of 1934
(Amendment No. 9)
Metretek Technologies, Inc.
--------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, $.01 Par Value
--------------------------------------------------------------------------------
(Title of Class of Securities)
59159Q107
---------------------------------------------------
(CUSIP Number)
Wendy Schnipper Clayton, Esq.
DDJ Capital Management, LLC
141 Linden Street, Suite 4
Wellesley, MA 02482-7910
781-283-8500
--------------------------------------------------------------------------------
(Name, address and telephone number of person authorized to receive
notices and communications)
January 5, 2006
--------------------------------------------------------------------------------
(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(b) (3) or (4), check the
following box [ ].
(Continued on following pages)
(Page 1 of 7 Pages)
SCHEDULE 13D
CUSIP NO. 59159Q107 PAGE 2 OF 7 PAGES
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
DDJ Capital Management, LLC
04-3300754
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A
GROUP*
SEE ITEM #5 (a) [ X]
(b) [ ]
3 SEC USE ONLY
4 SOURCE OF FUNDS*
OO
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ]
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Commonwealth of Massachusetts
NUMBER OF 7 SOLE VOTING POWER
SHARES 1,024,769
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 9 SOLE DISPOSITIVE
POWER
REPORTING 1,024,769
PERSON WITH 10 SHARED DISPOSITIVE
POWER
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
1,024,769
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES* [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW
(11)
8.29%
14 TYPE OF REPORTING PERSON *
IA
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SCHEDULE 13D
CUSIP NO. 59159Q107 PAGE 3 OF 7 PAGES
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
B III-A Capital Partners, L.P.
04-3495504
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A
GROUP*
SEE ITEM #5 (a) [ X]
(b) [ ]
3 SEC USE ONLY
4 SOURCE OF FUNDS*
WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ]
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF 7 SOLE VOTING POWER
SHARES 168,498
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 9 SOLE DISPOSITIVE
POWER
REPORTING 168,498
PERSON WITH 10 SHARED DISPOSITIVE
POWER
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
168,498
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES* [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW
(11)
1.36%
14 TYPE OF REPORTING PERSON *
PN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SCHEDULE 13D
CUSIP NO. 59159Q107 PAGE 4 OF 7 PAGES
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GP III-A, LLC
04-3493598
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A
GROUP*
SEE ITEM #5 (a) [ X]
(b) [ ]
3 SEC USE ONLY
4 SOURCE OF FUNDS*
OO
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ]
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF 7 SOLE VOTING POWER
SHARES 168,498
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 9 SOLE DISPOSITIVE
POWER
REPORTING 168,498
PERSON WITH 10 SHARED DISPOSITIVE
POWER
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
168,498
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES* [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW
(11)
1.36%
14 TYPE OF REPORTING PERSON *
OO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SCHEDULE 13D
CUSIP NO. 59159Q107 PAGE 5 OF 7 PAGES
ITEM 1. SECURITY AND ISSUER:
This Amendment No. 9 to Schedule 13D (Amendment No. 9)
should be read in conjunction with the Schedule 13D dated December 9,
1999 (Schedule 13D), Amendment No. 1 dated January 9, 2000
(Amendment No. 1), Amendment No. 2 dated February 4, 2000
(Amendment No. 2), Amendment No. 3 dated April 10, 2000
(Amendment No. 3), Amendment No. 4 dated December 9, 2000
(Amendment No. 4), Amendment No. 5 dated May 12, 2004 (Amendment
No. 5), Amendment No. 6 dated June 9, 2004 (Amendment No. 6),
Amendment No. 7 dated June 9, 2005 (Amendment No. 7), and
Amendment No. 8 dated November 22, 2005 (Amendment No. 8), each as
filed with the Securities and Exchange Commission by DDJ Capital
Management, LLC, a Massachusetts limited liability company, and certain
affiliates. This Amendment No. 9 amends the Schedule 13D,
Amendment No. 1, Amendment No. 2, Amendment No. 3, Amendment
No. 4, Amendment No. 5, Amendment No. 6, Amendment No. 7, and
Amendment No. 8 only with respect to those items below. All capitalized
terms not otherwise defined herein shall have the meanings ascribed
thereto on the Schedule 13D, Amendment No. 1, Amendment No. 2,
Amendment No. 3, Amendment No. 4, Amendment No. 5, Amendment
No. 6, Amendment No. 7, or Amendment No. 8, respectively.
This filing of statement is not, and should be deemed to be, an
admission that the Schedule 13D or any Amendment thereto is required to
be filed.
This statement relates to shares of the Common Stock, $.01 par
value of Metretek Technologies, Inc. (the Company). The principal
executive offices of the Company are located at 1675 Broadway, Suite
2150, Denver, Colorado, 80202.
ITEM 3. SOURCES AND AMOUNT OF FUNDS OR OTHER
CONSIDERATION:
Item 3 is amended by adding the following paragraph.
On December 6, 2005, the Funds sold on the open market 20,000
shares of Common Stock of the Company for a total sale price of
$149,393.73, including commissions. More specifically, the Fund
SCHEDULE 13D
CUSIP NO. 59159Q107 PAGE 6 OF 7 PAGES
sold 3,333 shares of Common Stock for a sale price of $24,896.47,
including commissions; the Account sold 6,667 shares of Common Stock
for a sale price of $49,800.40, including commissions; and DDJ Canadian
sold 10,000 shares of Common Stock for a sale price of $74,696.86,
including commissions. Such shares of Common Stock are accordingly
not included in the amounts shown in this filing.
On December 7, 2005, the Fund and the Account sold on the open
market an aggregate of 5,000 shares of Common Stock of the Company
for a total sale price of $37,348.43, including commissions. More
specifically, the Fund sold 1,667 shares of Common Stock for a sale price
of $12,451.97, including commissions; and the Account sold 3,333 shares
of Common Stock for a sale price of $24,896.46, including commissions.
Such shares of Common Stock are accordingly not included in the
amounts shown in this filing.
On December 8, 2005, the Funds sold on the open market 20,000
shares of Common Stock of the Company for a total sale price of
$154,263.52, including commissions. More specifically, the Fund sold
3,333 shares of Common Stock for a sale price of $25,708.02, including
commissions; the Account sold 6,667 shares of Common Stock for a sale
price of $51,423.74, including commissions; and DDJ Canadian sold
10,000 shares of Common Stock for a sale price of $77,131.76, including
commissions. Such shares of Common Stock are accordingly not included
in the amounts shown in this filing.
On December 12, 2005, the Funds sold on the open market 2,500
shares of Common Stock of the Company for a total sale price of
$19,924.16, including commissions. More specifically, the Fund sold 417
shares of Common Stock for a sale price of $3,323.35, including
commissions; the Account sold 833 shares of Common Stock for a sale
price of $6,638.73, including commissions; and DDJ Canadian sold 1,250
shares of Common Stock for a sale price of $9,962.08, including
commissions. Such shares of Common Stock are accordingly not included
in the amounts shown in this filing.
On December 13, 2005, the Funds sold on the open market 1,000
shares of Common Stock of the Company for a total sale price of
$8,059.66, including commissions. More specifically, the Fund sold 167
shares of Common Stock for a sale price of $1,345.96, including
commissions; the Account sold 333 shares of Common Stock for a sale
price of $2,683.87, including commissions; and DDJ Canadian sold 500
shares of Common Stock for a sale price of $4,029.83, including
commissions. Such shares of Common Stock are accordingly not included
in the amounts shown in this filing.
On December 21, 2005, the Funds sold on the open market 10,000
shares of Common Stock of the Company for a total sale price of
$82,712.52, including commissions. More specifically, the Fund sold
1,667 shares of Common Stock for a sale price of $13,788.18, including
commissions; the Account sold 3,333 shares of Common Stock for a sale
price of $27,568.08, including commissions; and DDJ Canadian sold
5,000 shares of Common Stock for a sale price of $41,356.26, including
commissions. Such shares of Common Stock are accordingly not included
in the amounts shown in this filing.
On December 22, 2005, the Funds sold on the open market 50,000
shares of Common Stock of the Company for a total sale price of
$451,081.10, including commissions. More specifically, the Fund sold
8,333 shares of Common Stock for a sale price of $75,177.17, including
commissions; the Account sold 16,667 shares of Common Stock for a sale
price of $150,363.38, including commissions; and DDJ Canadian sold
25,000 shares of Common Stock for a sale price of $225,540.55, including
commissions. Such shares of Common Stock are accordingly not included
in the amounts shown in this filing.
On January 5, 2006, the Funds sold on the open market 21,500
shares of Common Stock of the Company for a total sale price of
$214,541.89, including commissions. More specifically, the Fund sold
3,583 shares of Common Stock for a sale price of $35,753.66, including
commissions; the Account sold 7,167 shares of Common Stock for a sale
price of $71,517.29, including commissions; and DDJ Canadian sold
10,750 shares of Common Stock for a sale price of $107,270.94, including
commissions. Such shares of Common Stock are accordingly not included
in the amounts shown in this filing.
On January 9, 2006, the Funds sold on the open market 15,500
shares of Common Stock of the Company for a total sale price of
$154,970.42, including commissions. More specifically, the Fund sold
2,583 shares of Common Stock for a sale price of $25,825.07, including
commissions; the Account sold 5,167 shares of Common Stock for a sale
price of $51,660.14, including commissions; and DDJ Canadian sold
7,750 shares of Common Stock for a sale price of $77,485.21, including
commissions. Such shares of Common Stock are accordingly not included
in the amounts shown in this filing.
On January 11, 2006, the Funds sold on the open market 42,500
shares of Common Stock of the Company for a total sale price of
$426,134.37, including commissions. More specifically, the Fund sold
7,083 shares of Common Stock for a sale price of $71,019.05, including
commissions; the Account sold 14,167 shares of Common Stock for a sale
price of $142,048.14, including commissions; and DDJ Canadian sold
21,250 shares of Common Stock for a sale price of $213,067.18, including
commissions. Such shares of Common Stock are accordingly not included
in the amounts shown in this filing.
On January 13, 2006, DDJ Canadian sold on the open market
18,700 shares of Common Stock of the Company for a total sale price of
$184,877.55, including commissions. Such shares of Common Stock are
accordingly not included in the amounts shown in this filing.
ITEM 5. INTEREST IN SECURITIES OF ISSUER:
Paragraph (a) in Item 5 is deleted in its entirety and amended as set
forth below.
(a) As of the date hereof, B III-A Capital Partners, L.P. owns,
and GP III-A, LLC and DDJ beneficially own, as general partner and
investment manager, respectively of B III-A Capital Partners, L.P.,
168,498 Shares or approximately 1.36% of the Company. DDJ, as
investment manager to the Account, may be deemed to beneficially own
336,987 Shares, or approximately 2.73% of the outstanding Shares of the
Company. DDJ, as investment advisor to DDJ Canadian, may be deemed
to beneficially own 519,284 Shares, or approximately 4.20% of the
outstanding Shares of the Company. Accordingly, in the aggregate, DDJ
may be deemed to be the beneficial owner of 1,024,769 Shares, or
approximately 8.29% of the outstanding Shares of the Company (Footnote
1).
SCHEDULE 13D
CUSIP NO. 59159Q107 PAGE 7 OF 7 PAGES
Signature:
========
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.
DDJ CAPITAL MANAGEMENT, LLC
By: /s/ Wendy Schnipper Clayton
-----------------------------------------
Wendy Schnipper Clayton
Attorney-in-Fact*
* Limited Power of Attorney filed with the SEC on July 29, 1998 with
Frontier Airlines Schedule 13D Frontier Airlines Inc.
(Footnote 1) In connection with the preparation of this amendment,
we discovered that in Amendment No. 8, we inadvertently reported
that DDJ, as investment advisor to DDJ Canadian, was deemed to
beneficially own 601,984 Shares of the Company, and that in the
aggregate, DDJ was deemed to be the beneficial owner of 1,023,969
Shares of the Company. In fact, at the time of the filing of Amendment
No. 8, DDJ, as investment advisor to DDJ Canadian, was deemed to
beneficially own 629,484 Shares of the Company, and that in the
aggregate, DDJ was deemed to be the beneficial owner of 1,051,469
Shares of the Company.