Filing Details

Accession Number:
0000897069-21-000171
Form Type:
13D Filing
Publication Date:
2021-04-12 16:22:06
Filed By:
Wcr, Llc
Company:
Western Capital Resources Inc. (OTCMKTS:WCRS)
Filing Date:
2021-04-12
SEC Url:
13D Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
WCR 4,117,510 9 4,117,510 11 4,117,510 44.51%
BCP 4,117,510 9 4,117,150 11 4,117,510 44.51%
Blackstreet Capital Management 1,480,693 9 1,480,693 11 1,480,693 16.01%
BC Alpha Holdings I 1,480,691 9 1,480,691 11 1,480,691 16.01%
Blackstreet Capital Partners (QP) II 8 0 10 0 0 0%
Blackstreet Capital Advisors II 667,511 390,596 667,511 390,596 1,058,107 11.44%
Blackstreet Capital Investors 59,143 9 59,143 11 59,143 0.64%
Blackstreet Capital Advisors 74,797 9 74,797 11 74,797 0.81%
BCP II Swisher 390,596 9 390,596 11 390,596 4.22%
Swisher Investments 390,596 9 390,596 11 390,596 4.22%
WCR Investments 8 5,598,201 10 5,598,201 5,598,201 60.52%
Murry N. Gunty 847,681 5,989,535 847,681 5,989,535 6,837,216 73.92%
Filing

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549

SCHEDULE 13D/A

Under the Securities Exchange Act of 1934
(Amendment No. 10)


WESTERN CAPITAL RESOURCES, INC.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

95788 11 05

(CUSIP Number)

WCR, LLC
c/o Blackstreet Capital Management
Attention:  Robert Dragonette
7250 Woodmont Avenue, Suite 210
Bethesda, MD 20814
Phone: (240) 223-1323

(Name, Address and Telephone Number of Persons Authorized to Receive Notices and Communications)

March 31, 2021

(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 that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ☐

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.
 
* 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 disclosures provided in a prior cover page.
 
The information required on 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).



Introduction
 
This Amendment No. 10 to Schedule 13D is being filed with the U.S. Securities and Exchange Commission (the “SEC”) on behalf of WCR, LLC, a Delaware limited liability company (“WCR”), BCP 2 WCR, LLC, a Delaware limited liability company (“BCP 2 WCR”), Blackstreet Capital Partners (QP) II, L.P., a Delaware limited partnership (“BCP II QP”), Blackstreet Capital Advisors, LLC, a Delaware limited liability company (“BCA”), Blackstreet Capital Advisors II, LLC, a Delaware limited liability company (“BCA II”), BC Alpha Holdings I, LLC, a Delaware limited liability company (“BCAH I”), BCP II Swisher, LLC, a Delaware limited liability company (“BCP II Swisher”), Blackstreet Capital Investors, LLC, a Delaware limited liability company (“BCI”), Blackstreet Capital Management, LLC, a Delaware limited liability company (“BCM”), Swisher Investments, LLC, a Delaware limited liability company (“Swisher Investments”), WCR Investments, LLC, a Delaware limited liability company (“WCR Investments”), and Murry N. Gunty (collectively, the “Reporting Persons”), who have been or may be deemed to constitute a “group” within the meaning of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended. The Reporting Persons have entered into a Joinder Agreement, dated January 29, 2021, to those certain Agreements as to Joint Filing Pursuant to Regulation 240.13d-1(K)(1)(iii), dated April 12, 2010, November 3, 2010 and July 3, 2013, as amended by that certain Joinder Agreement to the Agreements as to Joint Filing which was previously filed with Amendment No. 3 to Schedule 13D filed with the SEC on October 14, 2014, that certain Joinder Agreement to the Agreements as to Joint Filing which was previously filed with Amendment No. 5 to Schedule 13D filed with the SEC on July 13, 2015, and that certain Joinder Agreement to the Agreements as to Joint Filing which was previously filed with Amendment No. 7 to Schedule 13D filed with the SEC on January 9, 2017, and that certain Joinder Agreement to the Agreements as to Joint Filing which was previously filed with Amendment No. 8 to Schedule 13D filed with the SEC on January 19, 2021, and that certain Joinder Agreement to the Agreements as to Joint Filing which was previously filed with Amendment No. 9 to Schedule 13D filed with the SEC on February 1, 2021, to which WCR Investments is joining.
 
On March 31, 2021, BCP II QP transferred its interests in BCP 2 WCR and BCAH I, and thereby its beneficial interests in the common stock of Western Capital Resources, Inc. (the “Issuer”) to WCR Investments.
 
Pursuant to and in connection with these and other related transactions, BCA II QP does not beneficially own shares of Common Stock and is no longer a Reporting Person or member of the group reporting beneficial ownership of Common Stock on this Amendment No. 10 to Schedule 13D, and WCR Investments is added as a Reporting Person and member of the group reporting beneficial ownership of Common Stock on this Amendment No. 10 to Schedule 13D.






1
NAME OF REPORTING PERSON
 
WCR, LLC
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
 
 
(a)  ☒
(b)  ☐
3
SEC USE ONLY
4
SOURCE OF FUNDS (SEE INSTRUCTIONS)
 
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
 
WCR, LLC is an entity organized in the state of Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
4,117,510
 
8
SHARED VOTING POWER
 
 
9
SOLE DISPOSITIVE POWER
4,117,510
 
10
SHARED DISPOSITIVE POWER
 
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,117,510
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
   ☐
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
44.51%1
14
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
OO
1 Based on 9,249,900 shares of common stock outstanding as reported in Issuer’s Annual Report on Form 10-K, filed March 31, 2021.

1
NAME OF REPORTING PERSON
 
BCP 2 WCR, LLC
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
 
 
(a)  ☒
(b)  ☐
3
SEC USE ONLY
4
SOURCE OF FUNDS (SEE INSTRUCTIONS)
 
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
 
BCP 2 WCR, LLC is an entity organized in the state of Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
4,117,510
 
8
SHARED VOTING POWER
 
 
9
SOLE DISPOSITIVE POWER
4,117,150
 
10
SHARED DISPOSITIVE POWER
 
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,117,510
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
  ☐
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
44.51%1
14
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
OO, HC
1 Based on 9,249,900 shares of common stock outstanding as reported in Issuer’s Annual Report on Form 10-K, filed March 31, 2021.

1
NAME OF REPORTING PERSON
 
Blackstreet Capital Management, LLC
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
 
 
(a)  ☒
(b)  ☐
3
SEC USE ONLY
4
SOURCE OF FUNDS (SEE INSTRUCTIONS)
 
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
 
Blackstreet Capital Management, LLC is an entity organized in the state of Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
1,480,693
 
8
SHARED VOTING POWER
 
 
9
SOLE DISPOSITIVE POWER
1,480,693
 
10
SHARED DISPOSITIVE POWER
 
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,480,693
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
  ☐
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
16.01%1
14
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
OO
1 Based on 9,249,900 shares of common stock outstanding as reported in Issuer’s Annual Report on Form 10-K, filed March 31, 2021.

1
NAME OF REPORTING PERSON
 
BC Alpha Holdings I, LLC
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
 
 
(a)  ☒
(b)  ☐
3
SEC USE ONLY
4
SOURCE OF FUNDS (SEE INSTRUCTIONS)
 
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
 
BC Alpha Holdings I, LLC is an entity organized in the state of Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
1,480,691
 
8
SHARED VOTING POWER
 
 
9
SOLE DISPOSITIVE POWER
1,480,691
 
10
SHARED DISPOSITIVE POWER
 
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,480,691
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
  ☐
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
16.01%1
14
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
OO
1 Based on 9,249,900 shares of common stock outstanding as reported in Issuer’s Annual Report on Form 10-K, filed March 31, 2021.

1
NAME OF REPORTING PERSON
 
Blackstreet Capital Partners (QP) II, L.P.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
 
 
(a)  ☒
(b)  ☐

SEC USE ONLY
4
SOURCE OF FUNDS (SEE INSTRUCTIONS)
 
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
 
Blackstreet Capital Partners (QP) II, L.P. is an entity organized in the State of Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
 
 
8
SHARED VOTING POWER
0
 
9
SOLE DISPOSITIVE POWER
 
 
10
SHARED DISPOSITIVE POWER
0
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
  ☐
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
0%1
14
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
PN, HC
1 Based on 9,249,900 shares of common stock outstanding as reported in Issuer’s Annual Report on Form 10-K, filed March 31, 2021.

1
NAME OF REPORTING PERSON
 
Blackstreet Capital Advisors II, LLC
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
 
 
(a)  ☒
(b)  ☐
3
SEC USE ONLY
4
SOURCE OF FUNDS (SEE INSTRUCTIONS)
 
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
 
Blackstreet Capital Advisors II, LLC is an entity organized in the state of Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
667,511
 
8
SHARED VOTING POWER
390,596
9
SOLE DISPOSITIVE POWER
667,511
 
10
SHARED DISPOSITIVE POWER
390,596
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,058,107
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
  ☐
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
11.44%1
14
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
OO
1 Based on 9,249,900 shares of common stock outstanding as reported in Issuer’s Annual Report on Form 10-K, filed March 31, 2021.

1
NAME OF REPORTING PERSON
 
Blackstreet Capital Investors, LLC
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
 
 
(a)  ☒
(b)  ☐
3
SEC USE ONLY
4
SOURCE OF FUNDS (SEE INSTRUCTIONS)
 
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
 
Blackstreet Capital Investors, LLC is an entity organized in the state of Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
59,143
 
8
SHARED VOTING POWER
 
 
9
SOLE DISPOSITIVE POWER
59,143
 
10
SHARED DISPOSITIVE POWER
 
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
59,143
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
  ☐
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
0.64%1
14
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
OO
1 Based on 9,249,900 shares of common stock outstanding as reported in Issuer’s Annual Report on Form 10-K, filed March 31, 2021.

1
NAME OF REPORTING PERSON
 
Blackstreet Capital Advisors, LLC
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
 
 
(a)  ☒
(b)  ☐
3
SEC USE ONLY
4
SOURCE OF FUNDS (SEE INSTRUCTIONS)
 
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
 
Blackstreet Capital Advisors, LLC is an entity organized in the state of Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
74,797
 
8
SHARED VOTING POWER
 
 
9
SOLE DISPOSITIVE POWER
74,797
 
10
SHARED DISPOSITIVE POWER
 
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
74,797
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
  ☐
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
0.81%1
14
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
OO
1 Based on 9,249,900 shares of common stock outstanding as reported in Issuer’s Annual Report on Form 10-K, filed March 31, 2021.

1
NAME OF REPORTING PERSON
 
BCP II Swisher, LLC
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
 
 
(a)  ☒
(b)  ☐
3
SEC USE ONLY
4
SOURCE OF FUNDS (SEE INSTRUCTIONS)
 
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
 
BCP II Swisher, LLC is an entity organized in the state of Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
 
390,596
8
SHARED VOTING POWER
 
 
9
SOLE DISPOSITIVE POWER
390,596
 
10
SHARED DISPOSITIVE POWER
 
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
390,596
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
  ☐
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
4.22%1
14
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
OO
1 Based on 9,249,900 shares of common stock outstanding as reported in Issuer’s Annual Report on Form 10-K, filed March 31, 2021.

1
NAME OF REPORTING PERSON
 
Swisher Investments, LLC
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
 
 
(a)  ☒
(b)  ☐
3
SEC USE ONLY
4
SOURCE OF FUNDS (SEE INSTRUCTIONS)
 
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
 
Swisher Investments, LLC is an entity organized in the state of Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
 
390,596
8
SHARED VOTING POWER
 
 
9
SOLE DISPOSITIVE POWER
390,596
 
10
SHARED DISPOSITIVE POWER
 
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
390,596
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
  ☐
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
4.22%1
14
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
OO
1 Based on 9,249,900 shares of common stock outstanding as reported in Issuer’s Annual Report on Form 10-K, filed March 31, 2021.

1
NAME OF REPORTING PERSON
 
WCR Investments, LLC
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
 
 
(a)  ☒
(b)  ☐
3
SEC USE ONLY
4
SOURCE OF FUNDS (SEE INSTRUCTIONS)
 
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
 
WCR Investments, LLC is an entity organized in the State of Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
 
 
8
SHARED VOTING POWER
5,598,201
 
9
SOLE DISPOSITIVE POWER
 
 
10
SHARED DISPOSITIVE POWER
5,598,201
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,598,201
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
  ☐
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
60.52%1
14
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
OO, HC
1 Based on 9,249,900 shares of common stock outstanding as reported in Issuer’s Annual Report on Form 10-K, filed March 31, 2021.

1
NAME OF REPORTING PERSON
 
Murry N. Gunty
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
 
 
(a)T
(b)
 
3
SEC USE ONLY
4
SOURCE OF FUNDS (SEE INSTRUCTIONS)
 
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
 
Murry N. Gunty is a citizen of the United States of America.
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
847,681
 
8
SHARED VOTING POWER
5,989,535
 
9
SOLE DISPOSITIVE POWER
847,681
 
10
SHARED DISPOSITIVE POWER
5,989,535
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,837,216
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
73.92%1
14
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
IN
1 Based on 9,249,900 shares of common stock outstanding as reported in Issuer’s Annual Report on Form 10-K, filed March 31, 2021.

This filing amends that certain Schedule 13D filed on April 12, 2010, as amended by Amendment No. 1 filed November 5, 2011, Amendment No. 2 filed July 3, 2013, Amendment No. 3 filed October 14, 2014, Amendment No. 4 filed May 4, 2015, Amendment No. 5 filed July 13, 2015, Amendment No. 6 filed August 10, 2015, Amendment No. 7 filed January 9, 2017, Amendment No. 8 filed January 19, 2021, and Amendment No. 9 filed February 1, 2021 (collectively, the “Schedule 13D”), by the Reporting Persons (defined below).

Item 1. Security and Issuer.

The following constitutes Amendment No. 10 to the Schedule 13D filed by the undersigned, relating to the shares of common stock, par value $0.001 per share (the ”Common Stock”), of Western Capital Resources, Inc., a Delaware corporation, having its principal executive offices at 11550 “I” Street, Suite 150, Omaha, NE 68137. This Amendment No. 10 amends the Schedule 13D, as amended, as specifically set forth.

Item 2.
Identity and Background.

Item 2 is hereby amended and restated as follows:
 
 
(a)
This Amendment No. 10 to Schedule 13D is being filed with the U.S. Securities and Exchange Commission (the “SEC”) on behalf of WCR, LLC, a Delaware limited liability company (“WCR”), BCP 2 WCR, LLC, a Delaware limited liability company (“BCP 2 WCR”), Blackstreet Capital Partners (QP) II, L.P., a Delaware limited partnership (“BCP II QP”), Blackstreet Capital Advisors, LLC, a Delaware limited liability company (“BCA”), Blackstreet Capital Advisors II, LLC, a Delaware limited liability company (“BCA II”), BC Alpha Holdings I, LLC, a Delaware limited liability company (“BCAH I”), BCP II Swisher, LLC, a Delaware limited liability company (“BCP II Swisher”), Blackstreet Capital Investors, LLC, a Delaware limited liability company (“BCI”), Blackstreet Capital Management, LLC, a Delaware limited liability company (“BCM”), Swisher Investments, LLC, a Delaware limited liability company (“Swisher Investments”), WCR Investments, LLC, a Delaware limited liability company (“WCR Investments”), and Murry N. Gunty (collectively, the “Reporting Persons”), who have been or may be deemed to constitute a “group” within the meaning of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended. The Reporting Persons have entered into a Joinder Agreement, dated January 29, 2021, to those certain Agreements as to Joint Filing Pursuant to Regulation 240.13d-1(K)(1)(iii), dated April 12, 2010, November 3, 2010 and July 3, 2013, as amended by that certain Joinder Agreement to the Agreements as to Joint Filing which was previously filed with Amendment No. 3 to Schedule 13D filed with the SEC on October 14, 2014, that certain Joinder Agreement to the Agreements as to Joint Filing which was previously filed with Amendment No. 5 to Schedule 13D filed with the SEC on July 13, 2015, that certain Joinder Agreement to the Agreements as to Joint Filing which was previously filed with Amendment No. 7 to Schedule 13D filed with the SEC on January 9, 2017, that certain Joinder Agreement to the Agreements as to Joint Filing which was previously filed with Amendment No. 8 to Schedule 13D filed with the SEC on January 19, 2021, and that certain Joinder Agreement to the Agreements as to Joint Filing which was previously filed with Amendment No. 9 to Schedule 13D filed with the SEC on February 1, 2021 to which WCR Investments is joining.


 
 
 
 
(b)
The principal business address for each of the Reporting Persons is 7250 Woodmont Avenue, Suite 210, Bethesda, MD 20814.
 
 
 
 
(c)
Each of WCR, BCP 2 WCR, and BCAH I is an entity that was formed for the purpose of acquiring an interest in the Issuer. The principal business of each of BCP II QP, BCM, BCA II, BCP II Swisher and WCR Investments is that of private partnership or limited liability company engaged in investment in securities for its own account. Mr. Gunty serves as the manager of each Reporting Person, and he exercises investment and voting control over the securities owned by each of the Reporting Persons.
 
 
 
 
(d)(e)
With the exception of BCM and Mr. Gunty, and except as described below, during the last five years, none of the Reporting Persons has been (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors), (ii) 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.
 
 
 
   
In 2016, BCM and Mr. Gunty agreed to consent to an order imposing remedial sanctions and a cease-and-desist order (the “Order”) without admitting or denying the matters set forth therein (other than those relating to the jurisdiction of the SEC over it and the subject matter of the action). The SEC alleged in the Order that conduct by BCM and Mr. Gunty resulted in a violation of Securities Exchange Act Section 15(a) and Investment Advisers Act Sections 206(2) and 206(4) and Rules 206(4)-7 and 206(4)-8 thereunder. The Order requires that BCM and Mr. Gunty cease and desist from committing or causing any violations and future violations of the securities laws identified above, pay a $500,000 civil monetary penalty and $2,622,737 in disgorgement and interest.
     
 
(f)
WCR, BCP 2 WCR, BCP II QP, BCAH I, BCM, BCP II Swisher, BCA, BCA II, BCI, BCM, Swisher Investments and WCR Investments are entities organized under the laws of the State of Delaware, and Mr. Gunty is a citizen of the United States of America. 

Item 3.
Source and Amount of Funds or Other Consideration.

Item 3 is hereby amended and restated as follows:
 
On March 31, 2021, BCP II QP transferred its interests in BCP 2 WCR and BCAH I, and thereby its beneficial interests in the common stock of Western Capital Resources, Inc. (the “Issuer”), to WCR Investments.


Pursuant to and in connection with these and other related transactions, BCA II QP does not beneficially own shares of Common Stock and is no longer a Reporting Person or member of the group reporting beneficial ownership of Common Stock on this Amendment No. 10 to Schedule 13D, and WCR Investments is added as a Reporting Person and member of the group reporting beneficial ownership of Common Stock on this Amendment No. 10 to Schedule 13D.

Item 4.
Purpose of Transaction.

Beneficial interests in the Issuer were transferred from BCP II QP to WCR Investments as part of an internal reorganization among affiliates and distribution to investors. Other than as described in this Item 4, the Reporting Persons currently have no plans or proposals which relate to or would result in any of the matters described in subparagraphs (a) through (j) of Item 4 of Schedule 13D, although the Reporting Persons reserve the right to develop such plans or proposals consistent with applicable law.

Item 5.
Interests in Securities of the Issuer.

Items 5(a), (b) and (c) are amended and restated as follows:
 
 
(a)
According to Issuer’s Annual Report on Form 10-K filed March 31, 2021, Issuer had outstanding 9,249,900 shares of Common Stock of which each Reporting Person holds the percentage reported in its respective cover page hereto, and as a group holds 73.92%.
 
 
 
 
(b)
The voting and dispositive power and beneficial ownership of shares (the “Shares”) by each of the Reporting Persons is summarized as follows:


 
Sole
Voting
Sole
Dispositive
Shared
Voting
Shared
Dispositive
Beneficial
Ownership1
Percent
of Class
WCR
4,117,510
4,117,510
--
--
4,117,510
44.51%
BCP 2 WCR
4,117,510
4,117,510
--
--
4,117,510
44.51%
BCP II Swisher
 
390,596
 
390,596
 
--
 
--
 
390,596
 
4.22%
BCP II QP
--
--
--
--
--
0%
BCA
74,797
74,797
--
--
74,797
0.81%
BCA II
667,511
667,511
390,596
390,596
1,058,107
11.44%
BCAH I
1,480,691
1,480,691
--
--
1,480,691
16.01%
BCI
59,143
59,143
--
--
59,143
0.64%
BCM
1,480,693
1,480,693
--
--
1,480,693
16.01%
Swisher Investments
390,596
390,596
--
--
390,596
4.22%
WCR Investments
--
--
5,598,201
5,598,201
5,598,201
60.52%
Murry Gunty
847,681
847,681
5,989,535
5,989,535
6,837,216
73.92%

1 WCR, BCAH I, BCA, BCA II, BCI, BCM, BCP II Swisher, and Mr. Gunty directly own the Shares. The Shares may also be deemed to be beneficially owned by each of the entities by virtue of the following relationships: (i) BCP 2 WCR is a member of WCR; (ii) BCA II is the general partner of BCP II QP; (iii) Swisher Investments is a member of BCP II Swisher; (iv) WCR Investments is a direct or indirect member of BCP 2 WCR and BCAH I; and (v) Mr. Gunty is directly or indirectly the manager of such entities and has voting and dispositive power over all Shares.


 
(c)
Other than the transactions reported in this Amendment No. 10 to Schedule 13D, there were no transactions executed by any of the Reporting Persons that were effected during the past sixty days with respect to the Issuer’s Common Stock.
 
 
 
 
(d)
No other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Issuer’s Common Stock.

Item 7. Material to be Filed as Exhibits.

Exhibit No.
Description
99.1
Joinder Agreement, dated April 12, 2021 to Agreements as to Joint Filing pursuant to Regulation 240.13d-1(k)(1)(ii).





SIGNATURES

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.
Date: April 12, 2021
WCR, LLC
 
 
By:  /s/ Murry N. Gunty 
        Murry N. Gunty, Manager
BCP 2 WCR, LLC
 
 
By:  /s/ Murry N. Gunty 
        Murry N. Gunty, Manager
   
BLACKSTREET CAPITAL MANAGEMENT, LLC
 
 
 
By:  /s/ Murry N. Gunty 
        Murry N. Gunty, Manager
BC ALPHA HOLDINGS I, LLC
By:  BLACKSTREET CAPITAL
        MANAGEMENT, LLC, Manager
 
 
By:  /s/ Murry N. Gunty 
        Murry N. Gunty, Manager
   
BLACKSTREET CAPITAL PARTNERS (QP) II, L.P.
By:  BLACKSTREET CAPITAL ADVISORS II, LLC, its General Partner
 
 
By:  /s/ Murry N. Gunty 
        Murry N. Gunty, Manager
BLACKSTREET CAPITAL ADVISORS II, LLC
 
 
 
 
By:  /s/ Murry N. Gunty 
        Murry N. Gunty, Manager
   
BLACKSTREET CAPITAL ADVISORS, LLC
 
 
 
By:  /s/ Murry N. Gunty 
        Murry N. Gunty, Manager
BLACKSTREET CAPITAL INVESTORS, LLC
 
 
By:  /s/ Murry N. Gunty 
        Murry N. Gunty, Manager
   
BCP II SWISHER, LLC
 
 
By:  /s/ Murry N. Gunty 
        Murry N. Gunty, Manager
 
 
 
/s/ Murry N. Gunty 
Murry N. Gunty
   
SWISHER INVESTMENTS, LLC
 
By:  /s/ Murry N. Gunty 
        Murry N. Gunty, Manager
WCR INVESTMENTS, LLC
 
By:  /s/ Murry N. Gunty 
        Murry N. Gunty, Manager

Exhibit 99.1

JOINDER AGREEMENT TO
AGREEMENTS AS TO JOINT FILING
Pursuant to Rule 13d-1(k)(1)(iii) under the Securities Exchange Act of 1934, as amended, the undersigned acknowledge and agree that the attached Amendment No. 9 to Schedule 13D relating to Western Capital Resources, Inc. (the “Issuer”) is being filed on behalf of each of the undersigned.
WHEREAS, WCR, LLC, a Delaware limited liability company, BCP 2 WCR, LLC, a Delaware limited liability company, Blackstreet Capital Partners (QP) II, L.P., a Delaware limited partnership, Blackstreet Capital Advisors, LLC, a Delaware limited liability company, Blackstreet Capital Advisors II, LLC, a Delaware limited liability company, Blackstreet Capital Management, LLC, a Delaware limited liability company, BC Alpha Holdings I, LLC, a Delaware limited liability company, Blackstreet Capital Investors, LLC, a Delaware limited liability company, BCP 2 Swisher, LLC, a Delaware limited liability company, WCR Investments, LLC, a Delaware limited liability company, and Murry N. Gunty (collectively, the “Group”) have entered into Agreements as to Joint Filing on April 12, 2010, November 3, 2010, and July 3, 2013, and a Joinder Agreement to the Agreements as to Joint Filing on October 14, 2014, a Joinder Agreement to the Agreements as to Joint Filing on July 13, 2013, a Joinder Agreement to the Agreement as to Joint Filing on January 6, 2017, a Joinder Agreement to the Agreement as to Joint Filing on January 19, 2021, and a Joinder Agreement to the Agreement as to Joint Filing on February 1, 2021; and
WHEREAS, WCR Investments, LLC, a Delaware limited liability company (the “New Member”), wishes to join the Group by virtue of such entity’s beneficial ownership of the Issuer’s stock;
NOW, IT IS AGREED, this 12th day of April 2021 by the parties hereto
1. In accordance with Rule 13d-1(k)(1)(iii) under the Securities Exchange Act of 1934, as amended, the New Member agrees to the joint filing together with the other members of the Group, on behalf of the Group, of statements on Schedule 13D with respect to the securities of the Issuer to the extent required under applicable securities laws.
2. This Joinder Agreement may be executed in counterparts, each of which shall be deemed an original and all of which, taken together, shall constitute but one and the same instrument, which may be sufficiently evidenced by one counterpart.
[Remainder of this page intentionally left blank]


IN WITNESS WHEREOF, the parties hereto have caused this Joinder Agreement to be executed as of April 12, 2021.
WCR, LLC
 
 
By:  /s/ Murry N. Gunty 
        Murry N. Gunty, Manager
BCP 2 WCR, LLC
 
 
By:  /s/ Murry N. Gunty 
        Murry N. Gunty, Manager
   
BLACKSTREET CAPITAL MANAGEMENT, LLC
 
 
 
By:  /s/ Murry N. Gunty 
        Murry N. Gunty, Manager
BC ALPHA HOLDINGS I, LLC
By: BLACKSTREET CAPITAL
        MANAGEMENT, LLC, Manager
 
 
By:  /s/ Murry N. Gunty 
        Murry N. Gunty, Manager
   
BLACKSTREET CAPITAL PARTNERS (QP) II, L.P.
By:  BLACKSTREET CAPITAL ADVISORS II, LLC, its General Partner
 
 
By:  /s/ Murry N. Gunty 
        Murry N. Gunty, Manager
BLACKSTREET CAPITAL ADVISORS II, LLC
 
 
 
 
By:  /s/ Murry N. Gunty 
        Murry N. Gunty, Manager
   
BLACKSTREET CAPITAL ADVISORS, LLC
 
 
 
By:  /s/ Murry N. Gunty 
        Murry N. Gunty, Manager
BLACKSTREET CAPITAL INVESTORS, LLC
 
 
By:  /s/ Murry N. Gunty 
        Murry N. Gunty, Manager
   
BCP II SWISHER, LLC
 
 
By:  /s/ Murry N. Gunty 
        Murry N. Gunty, Manager
 
 
 
/s/ Murry N. Gunty 
Murry N. Gunty
   
   
SWISHER INVESTMENTS, LLC
 
By:  /s/ Murry N. Gunty 
        Murry N. Gunty, Manager
WCR INVESTMENTS, LLC
 
By:  /s/ Murry N. Gunty 
        Murry N. Gunty, Manager