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ASURE SOFTWARE INC Major Shareholding Notification 2004

Dec 16, 2004

33594_mrq_2004-12-16_982a175c-542c-41c0-b5c8-06fdd47a5237.zip

Major Shareholding Notification

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SC 13G 1 a04-14861_1sc13g.htm SC 13G

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G

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

*FORGENT NETWORKS, INC.*

(Name of Issuer)

*COMMON STOCK, PAR VALUE $.01 PER SHARE*

(Title of Class of Securities)

*34629U103*

(CUSIP Number)

*December 3, 2004*

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

| o | Rule
13d-1(b) |
| --- | --- |
| ý | Rule
13d-1(c) |
| o | 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).

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| CUSIP No. 34629U103 — 1. | Names of Reporting Persons. I.R.S. Identification Nos. of above
persons (entities only) AIGH INVESTMENT PARTNERS, LLC | |
| --- | --- | --- |
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) | |
| | (a) | o |
| | (b) | o |
| 3. | SEC Use Only | |
| 4. | Citizenship or Place of Organization Delaware | |
| Number of Shares Beneficially Owned by Each Reporting Person With | 5. | Sole Voting Power 1,251,611 |
| | 6. | Shared Voting Power 1,251,611 |
| | 7. | Sole Dispositive Power 1,251,611 |
| | 8. | Shared
Dispositive Power 1,251,611 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person 1,251,611 | |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) o | |
| 11. | Percent of Class Represented by Amount in Row (9) 5.03% | |
| 12. | Type of Reporting Person (See Instructions) OO | |

2

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| Item 1. | (a) | Name
of Issuer FORGENT NETWORKS, INC. | |
| --- | --- | --- | --- |
| | (b) | Address
of Issuer’s Principal Executive Offices 108 Wild Basin Rd, Austin, TX 78746-3326 | |
| Item 2. | | | |
| | (a) | Name
of Person Filing AIGH Investment Partners, LLC Orin Hirschman is the managing member of AIGH Investment Partners, LLC. | |
| | (b) | Address
of Principal Business Office or, if none, Residence The principal business office of AIGH Investment Partners, LLC is 6006
Berkeley Ave., Baltimore, MD 21209. | |
| | (c) | Citizenship AIGH Investment Partners, LLC is a Delaware limited liability company. | |
| | (d) | Title
of Class of Securities Common Stock | |
| | (e) | CUSIP
Number 34629U103 | |
| Item 3. | If this
statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check
whether the person filing is a: | | |
| | (a) | o | Broker
or dealer registered under section 15 of the Act (15 U.S.C. 78o). |
| | (b) | o | Bank
as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). |
| | (c) | o | Insurance
company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). |
| | (d) | o | Investment
company registered under section 8 of the Investment Company Act of 1940
(15 U.S.C 80a-8). |
| | (e) | o | An
investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); |
| | (f) | o | An
employee benefit plan or endowment fund in accordance with
§240.13d-1(b)(1)(ii)(F); |
| | (g) | o | A
parent holding company or control person in accordance with
§ 240.13d-1(b)(1)(ii)(G); |
| | (h) | o | A
savings associations as defined in Section 3(b) of the Federal Deposit
Insurance Act (12 U.S.C. 1813); |
| | (i) | o | A
church plan that is excluded from the definition of an investment company
under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C.
80a-3); |
| | (j) | o | Group,
in accordance with §240.13d-1(b)(1)(ii)(J). |
| | N/A | | |

3

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Item 4. Ownership
Provide
the following information regarding the aggregate number and percentage of
the class of securities of the issuer identified in Item 1.
(a) Amount
beneficially owned: 1,251,611
shares
(b) Percent
of class: 5.03%
(c) Number
of shares as to which the person has:
(i) Sole
power to vote or to direct the vote 1,251,611
(ii) Shared
power to vote or to direct the vote 1,251,611
(iii) Sole
power to dispose or to direct the disposition of 1,251,611
(iv) Shared
power to dispose or to direct the disposition of 1,251,611
Item 5. Ownership
of Five Percent or Less of a Class
If this statement is being
filed to report the fact that as of the date hereof the reporting person has
ceased to be the beneficial owner of more than five percent of the class of securities,
check the following o .
Item 6. Ownership
of More than Five Percent on Behalf of Another Person
N/A
Item 7. Identification
and Classification of the Subsidiary Which Acquired the Security Being
Reported on By the Parent Holding Company or Control Person
N/A
Item 8. Identification
and Classification of Members of the Group
N/A
Item 9. Notice of
Dissolution of Group
N/A
Item 10. Certification
By signing below I certify
that, to the best of my 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 that purpose or effect.

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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.

December 14, 2004
Date
AIGH INVESTMENT PARTNERS, LLC
/s/ Orin Hirschman
Signature
Managing Member
Name/Title

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