NEWL Important Info. / Figure It Out: Amended Statement of

New Post Public Reply Private Reply Replies (0) Message Board
Ospreyeye
NEWL Important Info. / Figure It Out: Amended Statement of Ownership (sc 13g/a)
Date : 06/30/2014 @ 10:45AM
Source : Edgar (US Regulatory)
Stock : Newlead Holdings Ltd. (MM) (NEWL)
Quote : 0.1774 -0.0676 (-27.59%) @ 3:57PM
Amended Statement of Ownership (sc 13g/a)


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

SCHEDULE 13G
(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
§240.13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO §240.13d-2

(Amendment No. 2)*


NEWLEAD HOLDINGS LTD.
(Name of Issuer)
COMMON STOCK, $0.01 PAR VALUE
(Title of Class of Securities)
G64626 164
(CUSIP Number)
June 30, 2014
(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)
þ Rule 13d-1(c)
£ Rule 13d-1(d)

(Page 1 of 10 Pages)

* 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 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).






SCHEDULE 13G

CUSIP No. G64626 164 Page 2 of 10 Pages

1.
NAMES OF REPORTING PERSONS
MG Partners Limited

2.



CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) £
(b) £
3.
SEC USE ONLY

4.

CITIZENSHIP OR PLACE OF ORGANIZATION
Gibraltar



NUMBER OF
SHARES
BENEFICIALLY
OWNED BY

5.



SOLE VOTING POWER
-0-
6.


SHARED VOTING POWER
-0-
EACH
REPORTING
PERSON
WITH
7.


SOLE DISPOSITIVE POWER
-0-
8.


SHARED DISPOSITIVE POWER
-0-
9.



AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
10.



CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) £
11.


PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.0%
12.

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO






SCHEDULE 13G

CUSIP No. G64626 164 Page 3 of 10 Pages

1.
NAMES OF REPORTING PERSONS
Magna Gibraltar Investments LLC

2.



CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) £
(b) £
3.
SEC USE ONLY

4.

CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware



NUMBER OF
SHARES
BENEFICIALLY
OWNED BY

5.



SOLE VOTING POWER
-0-
6.


SHARED VOTING POWER
-0-
EACH
REPORTING
PERSON
WITH
7.


SOLE DISPOSITIVE POWER
-0-
8.


SHARED DISPOSITIVE POWER
-0-
9.



AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
10.



CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) £
11.


PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.0%
12.

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO






SCHEDULE 13G

CUSIP No. G64626 164 Page 4 of 10 Pages

1.
NAMES OF REPORTING PERSONS
Hanover Holdings I, LLC

2.



CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) £
(b) £
3.
SEC USE ONLY

4.

CITIZENSHIP OR PLACE OF ORGANIZATION
New York



NUMBER OF
SHARES
BENEFICIALLY
OWNED BY

5.



SOLE VOTING POWER
-0-
6.


SHARED VOTING POWER
-0-
EACH
REPORTING
PERSON
WITH
7.


SOLE DISPOSITIVE POWER
-0-
8.


SHARED DISPOSITIVE POWER
-0-
9.



AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
10.



CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) £
11.


PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.0%
12.

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
HC






SCHEDULE 13G

CUSIP No. G64626 164 Page 5 of 10 Pages

1.
NAMES OF REPORTING PERSONS
Magna Group Capital Management, LLC

2.



CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) £
(b) £
3.
SEC USE ONLY

4.

CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware



NUMBER OF
SHARES
BENEFICIALLY
OWNED BY

5.



SOLE VOTING POWER
-0-
6.


SHARED VOTING POWER
-0-
EACH
REPORTING
PERSON
WITH
7.


SOLE DISPOSITIVE POWER
-0-
8.


SHARED DISPOSITIVE POWER
-0-
9.



AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
10.



CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) £
11.


PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.0%
12.

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO






SCHEDULE 13G

CUSIP No. G64626 164 Page 6 of 10 Pages

1.
NAMES OF REPORTING PERSONS
Joshua Sason

2.



CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) £
(b) £
3.
SEC USE ONLY

4.

CITIZENSHIP OR PLACE OF ORGANIZATION
United States



NUMBER OF
SHARES
BENEFICIALLY
OWNED BY

5.



SOLE VOTING POWER
-0-
6.


SHARED VOTING POWER
-0-
EACH
REPORTING
PERSON
WITH
7.


SOLE DISPOSITIVE POWER
-0-
8.


SHARED DISPOSITIVE POWER
-0-
9.



AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
10.



CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) £
11.


PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.0%
12.

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN





SCHEDULE 13G

CUSIP No. G64626 164 Page 7 of 10 Pages


This Amendment No. 2 to Schedule 13G (this “ Amendment No. 2 ”) is being filed with respect to the common stock, $0.01 par value (the “ Common Stock ”), of NewLead Holdings Ltd., a corporation organized and existing under the laws of Bermuda (the “ Issuer ”), to further amend the Schedule 13G filed with the Securities and Exchange Commission (“ SEC ”) on December 2, 2013, as amended by Amendment No. 1 thereto filed with the SEC on February 4, 2014 (as amended by Amendment No. 1 thereto, the “ Schedule 13G ”). This Amendment No. 2 is being filed voluntarily to report changes in the number of shares of Common Stock beneficially owned by the Reporting Persons and to report that none of the Reporting Persons beneficially own more than 5% of the Common Stock. Capitalized terms used herein and not otherwise defined have the meanings ascribed thereto in the Schedule 13G.

Item 4. Ownership.

Item 4 is hereby amended and restated as follows:

The beneficial ownership of Common Stock by the Reporting Persons, as of the date hereof, is as follows:

A. MG Partners Limited

(a) Amount beneficially owned: -0-
(b) Percent of class: 0.0%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: -0-
(ii) Shared power to vote or to direct the vote: -0-
(iii) Sole power to dispose or to direct the disposition of: -0-
(iv) Shared power to dispose or to direct the disposition of: -0-

B. Magna Gibraltar Investments LLC

(b) Amount beneficially owned: -0-
(b) Percent of class: 0.0%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: -0-
(ii) Shared power to vote or to direct the vote: -0-
(iii) Sole power to dispose or to direct the disposition of: -0-
(iv) Shared power to dispose or to direct the disposition of: -0-

C. Hanover Holdings I, LLC

(c) Amount beneficially owned: -0-
(b) Percent of class: 0.0%




SCHEDULE 13G

CUSIP No. G64626 164 Page 8 of 10 Pages


(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: -0-
(ii) Shared power to vote or to direct the vote: -0-
(iii) Sole power to dispose or to direct the disposition of: -0-
(iv) Shared power to dispose or to direct the disposition of: -0-

D. Magna Group Capital Management, LLC

(d) Amount beneficially owned: -0-
(b) Percent of class: 0.0%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: -0-
(ii) Shared power to vote or to direct the vote: -0-
(iii) Sole power to dispose or to direct the disposition of: -0-
(iv) Shared power to dispose or to direct the disposition of: -0-

E. Joshua Sason

(e) Amount beneficially owned: -0-
(b) Percent of class: 0.0%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: -0-
(ii) Shared power to vote or to direct the vote: -0-
(iii) Sole power to dispose or to direct the disposition of: -0-
(iv) Shared power to dispose or to direct the disposition of: -0-

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 x .




SCHEDULE 13G

CUSIP No. G64626 164 Page 9 of 10 Pages


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.





[Signatures on following page]






SCHEDULE 13G

CUSIP No. G64626 164 Page 10 of 10 Pages


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.


Dated: June 30, 2014 MG PARTNERS LIMITED


By: /s/ Michael Abitebol

Name: Michael Abitebol

Title: Director


MAGNA GIBRALTAR INVESTMENTS LLC


By: /s/ Michael Abitebol
Name: Michael Abitebol
Title: Chief Operating Officer


HANOVER HOLDINGS I, LLC


By: /s/ Joshua Sason
Name: Joshua Sason
Title: Chief Executive Officer


MAGNA GROUP CAPITAL MANAGEMENT, LLC


By: /s/ Joshua Sason

Name: Joshua Sason
Title: Chief Executive Officer



s/ Joshua Sason
JOSHUA SASON




EXHIBIT INDEX TO SCHEDULE 13G

EXHIBIT 1

Joint Filing Agreement, dated as of December 2, 2013, by and among MG Partners Limited, Magna Gibraltar Investments LLC, Hanover Holdings I, LLC, Magna Group Capital Management, LLC and Joshua Sason, was previously filed with the SEC on December 2, 2013 as an exhibit to the initial Schedule 13G filed by MG Partners Limited, Magna Gibraltar Investments LLC, Hanover Holdings I, LLC, Magna Group Capital Management, LLC and Joshua Sason with respect to NewLead Holdings Ltd. and is incorporated herein by reference.






Newlead Holdings Ltd. (MM) (NASDAQ:NEWL)
Historical Stock Chart
1 Year : From Jul 2013 to Jul 2014

Newlead Holdings Ltd. (MM) (NASDAQ:NEWL)
Intraday Stock Chart
Today : Wednesday 2 July 2014
Scroll down for more posts ▼

Top 10 Most Recent News Articles

LG's ASIL D Certification: A Game Changer in Autos

Updated Category News Views 280

Why LG's ASIL D Certification Matters There ain't much in the tangled mess of automotive innovations these days that'll make a seasoned investor raise an eyebrow, but here comes LG Electronics grabbing the ASIL D certification like it's a badge of market honor. The ISO 26262 ASIL D is no walk in the park, folks—it's the top rung on the safety ladder, something that's...

Continue Reading
Envision and ju:niz Boost Germany's Energy Storage

Updated Category News Views 85

Germany Charges Ahead with Renewable Energy Storage Germany's on a mission, folks, and it's all about beefing up their renewable energy infrastructure. Out in Bavaria, Envision Energy and ju:niz Energy are prepping a significant leap forward. They're rolling out a big undertaking—a 442 MWh battery energy storage system (BESS) with their Smareg 13 project in Vöhringen....

Continue Reading
NextVision's Q3 2026: Impressive Growth and Expansion

Updated Category News Views 98

NextVision's financials this quarter are the envy of tech growth companies everywhere. Their Q3 2026 report reads like a thrilling playbook for success. No half-measures here—NextVision has doubled its revenue, slashed costs, and cooked up an operating margin fit for a kingpin. Pushing Revenue to New Heights NextVision didn’t just surpass last year's revenue; it...

Continue Reading
Next Bridge Hydrocarbons' Call for Presidential Intervention

Updated Category News Views 25

Trump's New Team: A Hope for Shareholder Relief? Picture the scene—Next Bridge Hydrocarbons, caught in the depths of shareholder unrest over the unresolved MMTLP fiasco, is looking to the top for answers. With a fresh face, Stephen Miller, stepping in as the White House Chief of Staff, there's a new angle at play. They're knocking on the doors of the Trump...

Continue Reading
Nevada Organic Phosphate Plans Share Consolidation

Updated Category News Views 31

The Drill Down on Nevada Organic Phosphate's Strategic Moves There's a lot to unpack here as Nevada Organic Phosphate Inc. (CSE: NOP) rolls out its big game plan. They're looking to consolidate shares, flex their financial muscles, and maybe spray some high-octane fuel on their market positioning. Could be a smart move if they pull it off, but that's a big 'if' hanging in...

Continue Reading
Protalix Unveils Promising Gout Therapy Data at ACR 2026

Updated Category News Views 31

A Glimmer of Hope for Gout Sufferers Uncontrolled gout patients may soon see a light at the end of the tunnel. Protalix BioTherapeutics (NYSE American: PLX) just rolled out data at the ACR Convergence 2026, underscoring the potential of their drug candidate, PRX-115. This revelation is a big deal for those grappling with gout that just won't quit, constantly pelted by...

Continue Reading
West Virginia's Water Upgrade: AWK's Strategic Moves

Updated Category News Views 55

Building a Water Infrastructure with Purpose Well, they ain't just whistling Dixie down in Ranson, West Virginia. American Water's been busy putting their money where their mouth is with this new 816,000-gallon tank. When you look at the bigger picture, it ain't just about a shiny new water storage toy. Nah, this is about setting the stage for long-term resilience in the...

Continue Reading
Spatial Genomics Market Set for Major Expansion by 2031

Updated Category News Views 69

The Rise of Spatial Genomics You’ve got to hand it to the science behind spatial genomics and transcriptomics—this arena’s not just on a hot streak; it’s scorching. We’re staring down the barrel of a market raring to more than double in value, surging from a worth of USD 0.67 billion in 2026 straight to the big USD 1.23 billion in 2031. The CAGR that’s...

Continue Reading
OpenHear BM420: CES 2027 Honoree for Accessibility

Updated Category News Views 58

Shokz's Big Leap With OpenHear BM420 Alright, this recognition for Shokz comes out of the left field for anyone not keeping an eye on their trajectory lately. From headphones to hearing aids—Shokz takes a genuine shot at making life easier for folks struggling with hearing issues. The CES 2027 Innovation Award for their OpenHear BM420 shows the tech's real potential in...

Continue Reading
Philips Avent Unveils Innovative Glass Baby Bottle Design

Updated Category News Views 72

A New Take on Baby Bottles: Meet the Philips Avent Natural Here's something to perk your ears if you've been navigating the parenting world with arms full of gear—Philips Avent has hit the market with a new glass baby bottle that's shaking things up. Now, we're not talking about superficial bells and whistles like fancy colors or quirky shapes. Nope, Philips knows that...

Continue Reading

Top 5 Most Recently Viewed Articles

DENTSPLY SIRONA's Future: Insights and Market Trends Explored

Updated Category News Views 255

Piper Sandler confirmed its neutral outlook on DENTSPLY SIRONA (NASDAQ: XRAY) with a price target of $32.00 back in late 2024. This comes after the firm attended the company’s DS World event, which featured a heavy focus on the Primescan 2 dental scanner. The scanner aims to integrate advanced digital solutions for dental practices, but can it really turn the tide amid...

Continue Reading
CVS Health to Pay $37.8 Million Over Improper Insulin Claims

Updated Category News Views 173

CVS Health Under Scrutiny for Insulin Billing Practices In a significant legal development, CVS Health Inc. has been accused of engaging in several years of improper billing related to insulin refills. This allegation was put forth by federal prosecutors, highlighting the pressing concerns over healthcare fraud in the system. Settlement and Allegations of Fraud The U.S....

Continue Reading
EPRT Reaches Record High with Stellar Growth Ahead

Updated Category News Views 103

EPRT Achieves Record High with Strong Performance Essential Properties Realty Trust (NYSE: EPRT) has reached a significant milestone, hitting an all-time high of $33.95 per share. This increase reflects an impressive annual growth rate of 44.46%, highlighting the confidence that investors have in the REIT’s portfolio and its ability to generate steady rental income....

Continue Reading
Support for Identity Theft Victims During Federal Shutdown

Updated Category News Views 239

Continuous Support for Identity Theft Victims The Identity Theft Resource Center (ITRC) is committed to assisting individuals who have fallen victim to identity theft, fraud, or scams. As the challenges of identity crime continue to rise, the ITRC stands as a beacon of hope and support in these trying times. What Is the Identity Theft Resource Center? The ITRC is a...

Continue Reading
PayPal Elevates Financial Game with New Bank Charter Initiative

Updated Category News Views 204

PayPal Moves Forward with Bank Charter Application PayPal Holdings, Inc. is seeing increased trading activity after announcing its plans to establish PayPal Bank. This decision hints at broader ambitions within the finance sector, as the company seeks to apply for a banking charter that would allow it to directly provide small business loans and federally insured savings...

Continue Reading