UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(AMENDMENT NO. ______)*
NTN Buzztime, Inc.
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(Name of Issuer)
Common Stock, $.005 par value per share
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(Title of Class of Securities)
629410309
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(CUSIP Number)
December 12, 2006
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(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
disclosures 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. 629410309
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Trinad Capital Master Fund, Ltd. 98-0447604
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b)X (joint filers)
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
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NUMBER OF SHARES 5 SOLE VOTING POWER
BENEFICIALLY OWNED
BY EACH REPORTING
PERSON WITH
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6 SHARED VOTING POWER
2,801,170
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7 SOLE DISPOSITIVE POWER
------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,801,170
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,801,170
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10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[__] (See Instructions)
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.1%
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12 TYPE OF REPORTING PERSON (See Instructions)
CO
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CUSIP No. 629410309
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Trinad Management, LLC 20-0591302
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2 CHECK THE APPROPRIATE OX IF A MEMBER OF A GROUP*
(a)
(b)X (joint filers)
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF SHARES 5 SOLE VOTING POWER
BENEFICIALLY OWNED
BY EACH REPORTING
PERSON WITH
------------------------------------------------------------
6 SHARED VOTING POWER
2,801,170
------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,801,170
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,801,170
--------------------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[__](See Instructions)
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.1%
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12 TYPE OF REPORTING PERSON (See Instructions)
IA
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CUSIP No. 629410309
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Robert S. Ellin
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b)X (joint filers)
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3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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NUMBER OF SHARES 5 5SOLE VOTING POWER
BENEFICIALLY OWNED
BY EACH REPORTING
PERSON WITH
------------------------------------------------------------
6 SHARED VOTING POWER
2,801,170
------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,801,170
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,801,170
--------------------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[__](See Instructions)
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.1%
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12 TYPE OF REPORTING PERSON (See Instructions)
IN
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CUSIP No. 629410309
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Jay A. Wolf
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b)X (joint filers)
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
NUMBER OF SHARES 5 SOLE VOTING POWER
BENEFICIALLY OWNED
BY EACH REPORTING
PERSON WITH
------------------------------------------------------------
6 SHARED VOTING POWER
2,801,170
------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,801,170
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,801,170
--------------------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[__](See Instructions)
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.1%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (See Instructions)
IN
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CUSIP No. 629410309
Item 1.
(a) Name of Issuer
NTN Buzztime, Inc., a Delaware corporation (the "Issuer")
(b) Address of Issuer's Principal Executive Offices
5966 La Place Court, Carlsbad, California 92008
Item 2.
(a) Name of Person Filing
Trinad Capital Master Fund, Ltd.
Trinad Management, LLC
Robert S. Ellin
Jay A. Wolf
(b) Address of Principal Business Office or, if none, Residence
The address of the principal business office of Trinad Capital Master Fund, Ltd,
Trinad Management, LLC, Robert S. Ellin and Jay A. Wolf is 2121 Avenue of the
Stars, Suite 1650, Los Angeles, California 90067.
(c) Citizenship
Trinad Capital Master Fund, Ltd. - Cayman Islands
Trinad Management, LLC - Delaware
Robert S. Ellin - United States
Jay A. Wolf - United States
(d) Title of Class of Securities
Common Stock, $.005 par value per share, of the Issuer ("Common Stock")
(e) CUSIP Number
629410309
Item 3. Not Applicable.
Item 4. Ownership
(a) Amount beneficially owned:
Trinad Capital Master Fund, Ltd 2,801,170
Trinad Management, LLC 2,801,170
Robert S. Ellin 2,801,170
Jay A. Wolf 2,801,170
(b) Percent of Class
Trinad Capital Master Fund, Ltd 5.1%
Trinad Management, LLC 5.1%
Robert S. Ellin 5.1%
Jay A. Wolf 5.1%
The percentages used herein and are calculated based on the 54,509,302 shares of
Common Stock reported by the Company to be issued and outstanding as of October
31, 2006 in the Company's latest Form 10-Q, as filed with the Securities and
Exchange Commission on November 9, 2006.
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
2,801,170
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition:
2,801,170
Trinad Management, LLC serves as investment adviser to Trinad Capital Master
Fund, Ltd. By reason of such relationship Trinad Management, LLC may be deemed
to share voting and dispositive power over the shares of Common Stock owned
directly by Trinad Capital Master Fund, Ltd. Trinad Management, LLC disclaims
beneficial ownership of the shares of Common Stock listed as beneficially owned
by Trinad Capital Master Fund, Ltd.
Robert S. Ellin and Jay A. Wolf are the managing member and the managing
director, respectively, of Trinad Management, LLC, the manager of the Trinad
Capital Master Fund, Ltd. By reason of such relationship Robert S. Ellin and Jay
A. Wolf may be deemed to share voting and dispositive power over the shares of
common stock listed as beneficially owned by Trinad Capital Master Fund, Ltd.
Robert S. Ellin and Jay A. Wolf disclaim beneficial ownership of the shares of
common stock listed as beneficially owned by Trinad Capital Master Fund, Ltd. or
any other person reporting on the schedule
Item 5. Ownership of Five Percent or Less of a Class
Not Applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person
Not Applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Be Reported on by the Parent Holding Company:
Not Applicable.
Item 8. Identification and Classification of Members of the Group:
Not Applicable.
Item 9. Notice of Dissolution Of Group:
Not Applicable.
Item 10. Certification:
By signing below each signatory certifies that, to the best of its 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 a purpose or effect.
Exhibits:
Exhibit 1: Joint Filing Agreement, dated as of December 20, 2006, by and among
Trinad Capital Master Fund, Ltd, Trinad Management, LLC, Robert S. Ellin and Jay
A. Wolf
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.
TRINAD CAPITAL MASTER FUND, LTD. TRINAD MANAGEMENT, LLC
a Cayman Islands exempted company a Delaware limited liability company
By: /s/ Robert S. Ellin By: /s/ Robert S. Ellin
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Robert S. Ellin, Director Robert S. Ellin, Managing Member
Date: December 20, 2006 Date: December 20, 2006
By: /s/ Robert S. Ellin By: /s/ Jay A. Wolf
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Robert S. Ellin, an individual Jay A. Wolf, an individual
Date: December 20, 2006 Date: December 20, 2006
--------------------------------
The original statement shall be signed by each person on whose behalf the
statement is filed or his authorized representative. If the statement is signed
on behalf of a person by his authorized representative (other than an executive
officer or general partner of the filing person), evidence of the
representative's authority to sign on behalf of such person shall be filed with
the statement, provided, however, that a power of attorney for this purpose
which is already on file with the Commission may be incorporated by reference.
The name and any title of each person who signs the statement shall be typed or
printed beneath his signature.
Attention. Intentional misstatements or omissions of fact constitute Federal
criminal violations (See 18 U.S.C. 1001).
EXHIBIT I
JOINT FILING AGREEMENT
PURSUANT TO RULE 13D-1(k)
The undersigned acknowledge and agree that the foregoing statement on Schedule
13D is filed on behalf of each of the undersigned and that all subsequent
amendments to this statement on Schedule 13D shall be filed on behalf of each of
the undersigned without the necessity of filing additional joint acquisition
statements. The undersigned acknowledge that each shall be responsible for the
timely filing of such amendments, and for the completeness and accuracy of the
information concerning him or it contained therein, but shall not be responsible
for the completeness and accuracy of the information concerning the others,
except to the extent that he or it knows or has reason to believe that such
information is inaccurate.
TRINAD CAPITAL MASTER FUND, LTD. TRINAD MANAGEMENT, LLC
a Cayman Islands exempted company a Delaware limited liability company
By: /s/ Robert S. Ellin By: /s/ Robert S. Ellin
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Robert S. Ellin, Director Robert S. Ellin, Managing Member
Date: December 20, 2006 Date: December 20, 2006
By: /s/ Robert S. Ellin By: /s/ Jay A. Wolf
------------------- ---------------
Robert S. Ellin, an individual Jay A. Wolf, an individual
Date: December 20, 2006 Date: December 20, 2006