Filing Details
- Accession Number:
- 0001409095-17-000001
- Form Type:
- 13D Filing
- Publication Date:
- 2017-08-18 15:23:15
- Filed By:
- Golconda Capital Portfolio, L.p.
- Company:
- Horizon Kinetics Holding Corp (OTC:SLGDD)
- Filing Date:
- 2017-08-18
- 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 |
---|---|---|---|---|---|---|
GOLCONDA CAPITAL PORTFOLIO | 501,248 | 0 | 501,248 | 0 | 4.2% | |
GOLCONDA CAPITAL MANAGEMENT | 501,248 | 0 | 501,248 | 0 | 4.2% | |
WILLIAM D. SUMMITT | 501,248 | 0 | 501,248 | 0 | 4.2% |
Filing
1
slgd13d-4-golconda.txt
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
(AMENDMENT NO. 4)
Under the Securities Exchange Act of 1934
SCOTT'S LIQUID GOLD-INC.
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(Name of issuer)
COMMON STOCK, $0.10 par value
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(Title of class of securities)
810202101
--------------------------------------------------------
(CUSIP number)
WILLIAM D. SUMMITT, 3870 PONTE AVE, STE 478, ADDISON, TX 75001 (214) 364-9661
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(Name, address and telephone number of person authorized to receive notices and
communications)
AUGUST 9, 2017
--------------------------------------------------------
(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 Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check
the following box. [_]
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).
CUSIP No. 810202101
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1. Name of Reporting Person
GOLCONDA CAPITAL PORTFOLIO, LP
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2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) [_]
NOT APPLICABLE (b) [_]
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3. SEC Use Only
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4. Source of Funds (See Instructions) WC
--------------------------------------------------------------------------------
5. Check Box If Disclosure of Legal Proceedings Is Required Pursuant to
Items 2(d) or 2(e) [_]
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6. Citizenship or Place of Organization TEXAS, UNITED STATES
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Number of (7) Sole Voting Power 501,248
Shares ____________________________________________
Beneficially (8) Shared Voting Power -0-
Owned by ____________________________________________
Each (9) Sole Dispositive Power 501,248
Reporting ____________________________________________
Person With (10) Shared Dispositive Power -0-
--------------------------------------------------------------------------------
11. Aggregate Amount Beneficially Owned 501,248
by each Reporting Person
--------------------------------------------------------------------------------
12. Check if the Aggregate Amount in Row (11) Excludes [_]
Certain Shares
--------------------------------------------------------------------------------
13. Percent of Class Represented by Amount in Row (11) 4.2%
--------------------------------------------------------------------------------
14. Type of Reporting Person (See Instructions) PN
--------------------------------------------------------------------------------
CUSIP No. 810202101
--------------------------------------------------------------------------------
1. Name of Reporting Person
GOLCONDA CAPITAL MANAGEMENT, LLC
--------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) [_]
NOT APPLICABLE (b) [_]
--------------------------------------------------------------------------------
3. SEC Use Only
--------------------------------------------------------------------------------
4. Source of Funds (See Instructions) NA
--------------------------------------------------------------------------------
5. Check Box If Disclosure of Legal Proceedings Is Required Pursuant to
Items 2(d) or 2(e) [_]
--------------------------------------------------------------------------------
6. Citizenship or Place of Organization TEXAS, UNITED STATES
--------------------------------------------------------------------------------
Number of (7) Sole Voting Power 501,248
Shares ____________________________________________
Beneficially (8) Shared Voting Power -0-
Owned by ____________________________________________
Each (9) Sole Dispositive Power 501,248
Reporting ____________________________________________
Person With (10) Shared Dispositive Power -0-
--------------------------------------------------------------------------------
11. Aggregate Amount Beneficially Owned 501,248
by each Reporting Person
--------------------------------------------------------------------------------
12. Check if the Aggregate Amount in Row (11) Excludes [_]
Certain Shares
--------------------------------------------------------------------------------
13. Percent of Class Represented by Amount in Row (11) 4.2%
--------------------------------------------------------------------------------
14. Type of Reporting Person (See Instructions) OO (Limited
Liability Company)
--------------------------------------------------------------------------------
CUSIP No. 810202101
--------------------------------------------------------------------------------
1. Name of Reporting Person
WILLIAM D. SUMMITT
--------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) [_]
NOT APPLICABLE (b) [_]
--------------------------------------------------------------------------------
3. SEC Use Only
--------------------------------------------------------------------------------
4. Source of Funds (See Instructions) NA
--------------------------------------------------------------------------------
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
--------------------------------------------------------------------------------
Number of (7) Sole Voting Power 501,248
Shares ____________________________________________
Beneficially (8) Shared Voting Power -0-
Owned by ____________________________________________
Each (9) Sole Dispositive Power 501,248
Reporting ____________________________________________
Person With (10) Shared Dispositive Power -0-
--------------------------------------------------------------------------------
11. Aggregate Amount Beneficially Owned 501,248
by each Reporting Person
--------------------------------------------------------------------------------
12. Check if the Aggregate Amount in Row (11) Excludes [_]
Certain Shares
--------------------------------------------------------------------------------
13. Percent of Class Represented by Amount in Row (11) 4.2%
--------------------------------------------------------------------------------
14. Type of Reporting Person (See Instructions) IN
--------------------------------------------------------------------------------
ITEM 1. Security and Issuer
a) Name of Issuer:
Scott's Liquid Gold-Inc.
b) Address of Issuer's Principal Executive Offices:
4880 Havana Street
Denver, CO 80239
ITEM 2. Identity and Background
The reporting person, William D. Summitt, 3870 Ponte Ave, Ste 478,
Addison, TX 75001, a natural person and United States citizen, is the sole
portfolio manager of Golconda Capital Portfolio, LP and is the sole managing
member of Golconda Capital Management, LLC (collectively "Golconda").
The principal business of Golconda is investing in securities.
The principal business address of Golconda is 3870 Ponte Ave, Ste 478,
Addison, TX 75001.
Golconda is organized under the laws of the state of Texas.
None of the entities or persons identified in this Item 2 has, during
the past five years, been convicted of any criminal proceeding (excluding
traffic violations or similar misdemeanors), nor 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
The source of funds in the amount of $154,866 for 396,646 shares owned by
Golconda Capital Portfolio, LP was from working capital. No part of the
purchase price represents borrowed funds.
The source of funds in the amount of $115,609 for 98,603 shares owned by
William Summitt was from Mr. Summitt's personal funds. No part of the purchase
price represents borrowed funds.
The source of funds in the amount of $5,021 for the 6,000 shares owned by
William Summitt's IRA was from Mr. Summitt's personal funds held in the IRA.
No part of the purchase price represents borrowed funds.
ITEM 4. Purpose of Transaction
The reporting person has acquired the shares for investment purposes.
The reporting person intends to review his investment in the company on a
continual basis. Depending on various factors, including, without limitation,
the reporting person's financial position and investment strategy, the price
levels of the common stock, conditions in the securities markets, and general
economic and industry conditions, the reporting person may, in the future,
take such actions with respect to his investment in the company as he deems
appropriate including, without limitation, communicating with other
stockholders, making proposals to the company concerning the corporate
governance, capitalization and operations of the issuer, purchasing additional
shares of common stock or selling some or all of his shares, or changing his
intention with respect to any and all matters referred to in Item 4.
ITEM 5. Interest in Securities of the Issuer
As of August 11, 2017, the Issuer had 11,885,839 shares of Common Stock
outstanding, based on the information contained in the Issuer's Form 10-Q for
the quarter ended June 30, 2013 and filed August 14, 2017.
As of the date hereof, Golconda directly beneficially owns 396,645 shares
of the Issuer's Common Stock. Golconda has sole direct voting and
dispositive power over these shares. Mr. Summitt directly beneficially owns
104,603 shares of the Issuer's Common Stock. As the sole owner and managing
member of Golconda Capital Management, LLC, which is the general partner of
Golconda Capital Portfolio,LP, Mr. Summitt has sole indirect voting and
dispositive power over the shares of Common Stock directly owned by Golconda.
The transactions in the shares of Common Stock effected by Golconda
corresponding to this filing and completed in the past 60 days were ordinary
brokerage transactions made in the open market and are indicated as follows:
06/30/17 sold 9,000 shares @ $2.69
07/26/17 sold 559 shares @ $2.60
07/27/17 sold 4,400 shares @ $2.42
07/28/17 sold 9,650 shares @ $2.06
08/08/17 sold 10,975 shares @ $2.19
ITEM 6. Contracts, Arrangements, Understandings or Relationships
with Respect to Securities of the Issuer
None.
ITEM 7. Material to be Filed as Exhibits
None.
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: August 18, 2017
GOLCONDA CAPITAL PORTFOLIO, LP
/s/ William D. Summitt
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Name: William D. Summitt
Title: Portfolio Manager, Golconda Capital Portfolio, LP
GOLCONDA CAPITAL MANAGEMENT, LLC
/s/ William D. Summitt
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Name: William D. Summitt
Title: Managing Member, Golconda Capital Management, LLC
WILLIAM D. SUMMITT
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/s/ William D. Summitt
Name: William D. Summitt