Concord Camera Corporation - Form 13D
UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13D
Under the Securities Exchange Act
of 1934
CONCORD CAMERA CORP.
(Name of Issuer)
Common Stock,
no par value per share
(Title of Class of Securities)
206156101
(CUSIP Number)
Richard T.
Keppelman, Esq.
Levy & Droney, P.C.
74 Batterson Park Road
Farmington, Connecticut 06032
860-676-3132
(Name, Address and Telephone
Number of Person
Authorized to Receive Notices and Communications)
August 31,
2004
(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 Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box o.
Note:
Schedules filed in paper format shall include a signed original and five copies
of the schedule, including all exhibits. See Rule 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
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: 206156101 |
13D
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Page
2 of 4
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1
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NAME
OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
MT Trading LLC
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) x
(b) o |
3
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SEC
USE ONLY
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4
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SOURCE OF FUNDS (See Instructions)
AF OO |
5
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CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d)
or 2(e)
o |
6
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CITIZENSHIP
OR PLACE OF ORGANIZATION
Connecticut |
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH |
7
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SOLE
VOTING POWER
1,654,547 |
8
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SHARED
VOTING POWER
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9
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SOLE
DISPOSITIVE POWER
1,654,547 |
10
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SHARED
DISPOSITIVE POWER
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11
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,654,547 |
12
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions)
o |
13
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PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.72% |
14 |
TYPE
OF REPORTING PERSON (See Instructions)
PN |
CUSIP
NO: 206156101 |
13D
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Page
3 of 4
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Item 1. |
Security
and Issuer. |
This
statement relates to the common stock, no par value per share (the "Common Stock")
of Concord Camera Corp., a New Jersey corporation (the "Issuer"). The address
of the Issuer's principal executive office is 4000 Hollywood Boulevard, Presidential
Circle - Suite 650N, Hollywood, Florida 33021.
Item
2. |
Identity
and Background. |
(a)
(b) (c) MT Trading LLC is a Connecticut Limited Liability Company with offices
at 530 Silas Deane Highway, Suite 130, Wethersfield, Connecticut 06109. It is
principally engaged in the business of investing.
The Members of the Filing Person are:
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Sondra J. Beit, whose residence address is
42 Aspen Drive, South Glastonbury, CT 06073. Mrs. Beit is a paralegal with
the law firm of Levy & Droney, P.C., 74 Batterson Park Road, Farmington,
CT 06032. |
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Mark Paley,
whose business address is Harvest Investments, 530 Silas Deane Highway,
Suite 130, Wethersfield, CT 06109. Mr. Paley is a professional investor
and principal of Harvest Investments LLC. |
(d)(e) During the last five years, no Filing Person has been convicted in a criminal
proceeding (excluding traffic violations or similar misdemeanors) or was a party
to a civil proceeding of a judicial or administrative body of competent jurisdiction
as a result of which such Filing Person 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. |
Securities of the issuer
were purchased with funds contributed by the Members of the Filing Person for
the purpose of making investments and using a margin account with the Filing Person's
broker, Advest, Inc. 213 Court Street, Suite 650, Middletown, Connecticut 06547.
The funds contributed by the members were personal funds.
Item
4. |
Purpose
of Transaction. |
The transaction has been effected primarily for investment
purposes; however, the Filing Person may also seek to influence management and/or
the Board of Directors, future prospects and consideration of possible sale of
the Issuer to an outside party.
Item
5. |
Interest
in Securities of the Issuer. |
(a)
As of August 31, 2004, the Filing Person owned 1,654,547 shares of the Issuer's
Common Stock, no par value, representing 5.72% of the outstanding Common Stock
of the Issuer. Sondra Beit, a Member of the Filing Person, owns 52,440 shares
of the Issuer's Common Stock and is also a member of RH Trading LLC which owns
45,000 shares of the Issuer's Common Stock. Mark Paley is also a Member of RH
Trading LLC.
(b)
MT Trading LLC has sole power to vote and dispose of such shares; however, Mr.
Roger Beit, the husband of Sondra Beit, also has investment authority over the
investment account in which such shares are held.
CUSIP
NO: 206156101 |
13D
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Page
4 of 4
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(c)
During the past 60 days, MT Trading, LLC has made numerous trades in the Securities
of the Issuer, all of which were made in broker's transactions at market prices.
(d)
Not applicable.
(e) Not applicable.
Item
6. |
Contracts,
Arrangements, Understandings or Relationships With Respect to Securities
of the Issuer. |
The Members of MT Trading LLC are Mark Paley and Sondra
J. Beit, both of whom are also Members of RH Trading LLC, a shareholder of the
Issuer. Sondra J. Beit is also a shareholder of the Issuer. LTC Racing LLC, also
a shareholder of the Issuer, is principally owned by Thomas Logano, a business
associate of Mark Paley and of Sondra Beit's husband, Roger Beit. Although no
formal agreement exists, such persons can be expected to act in concert with respect
to their investments.
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.
Dated: September 9, 2004
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MT TRADING, LLC |
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By:
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S/SONDRA J. BEIT |
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Sondra J. Beit, Member |
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