SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
SCHEDULE 13G/A
(Amendment No. 2)
UCN, Inc.
------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, $.0001 Par Value Per Share
-------------------------------------------------------------------------------
(Title of Class of Securities)
12427M101
------------------------------------------------------------------------------
(CUSIP Number of Class of Securities)
January 1, 2005
------------------------------------------------------------------------------
(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)
CUSIP No. 1247M101 Page 2 of 9 Pages
--------------------------------------------------------------------------------
1) Name and I.R.S. Identification No. Of Reporting Person
Wynnefield Partners Small Cap Value, L.P. 13-3688497
--------------------------------------------------------------------------------
2) Check The Appropriate Box If A Member Of A Group
(a)[ ]
(b)[X] Reporting person is affiliated with other persons
--------------------------------------------------------------------------------
3) SEC USE ONLY
--------------------------------------------------------------------------------
4) Citizenship Or Place Of Organization: Delaware
--------------------------------------------------------------------------------
5) Sole Voting Power:
NUMBER OF SHARES 239,800 Shares
BENEFICIALLY OWNED --------------------------------------------------
BY EACH REPORTING 6) Shared Voting Power
PERSON WITH
--------------------------------------------------
7) Sole Dispositive Power:
239,800 Shares
--------------------------------------------------
8) Shared Dispositive Power
--------------------------------------------------------------------------------
9) Aggregate Amount Beneficially Owned By Each Reporting Person:
239,800 Shares
--------------------------------------------------------------------------------
10) Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares |_|
(See Instructions)
--------------------------------------------------------------------------------
11) Percent of Class Represented by Amount in Row (9):
1.7% of Common Stock
--------------------------------------------------------------------------------
12) Type of Reporting Person (See Instructions) PN
--------------------------------------------------------------------------------
CUSIP No. 1247M101 Page 3 of 9 Pages
--------------------------------------------------------------------------------
1) Name and I.R.S. Identification No. Of Reporting Person (entities only)
Wynnefield Partners Small Cap Value, L.P. I 13-3953291
--------------------------------------------------------------------------------
2) Check The Appropriate Box If A Member Of A Group (See Instructions)
(a)[ ]
(b)[X] Reporting person is affiliated with other persons
--------------------------------------------------------------------------------
3) SEC USE ONLY
--------------------------------------------------------------------------------
4) Citizenship Or Place Of Organization: Delaware
--------------------------------------------------------------------------------
5) Sole Voting Power:
NUMBER OF SHARES 267,300 Shares
BENEFICIALLY OWNED --------------------------------------------------
BY EACH REPORTING 6) Shared Voting Power
PERSON WITH
--------------------------------------------------
7) Sole Dispositive Power:
267,300 Shares
--------------------------------------------------
8) Shared Dispositive Power
--------------------------------------------------------------------------------
9) Aggregate Amount Beneficially Owned By Each Reporting Person:
267,300 Shares
--------------------------------------------------------------------------------
10) Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares |_|
(See Instructions)
--------------------------------------------------------------------------------
11) Percent of Class Represented by Amount in Row (9):
1.9% of Common Stock
--------------------------------------------------------------------------------
12) Type of Reporting Person (See Instructions) PN
--------------------------------------------------------------------------------
CUSIP No. 1247M101 Page 4 of 9 Pages
--------------------------------------------------------------------------------
1) Name and I.R.S. Identification No. Of Reporting Person (entities only)
Wynnefield Small Cap Value Offshore Fund, Ltd. (No IRS
Identification No.)
--------------------------------------------------------------------------------
2) Check The Appropriate Box If A Member Of A Group (See Instructions)
(a)[ ]
(b)[X] Reporting person is affiliated with other persons
--------------------------------------------------------------------------------
3) SEC USE ONLY
--------------------------------------------------------------------------------
4) Citizenship Or Place Of Organization: Cayman Islands
--------------------------------------------------------------------------------
5) Sole Voting Power:
NUMBER OF SHARES 171,300 Shares
BENEFICIALLY OWNED --------------------------------------------------
BY EACH REPORTING 6) Shared Voting Power
PERSON WITH
--------------------------------------------------
7) Sole Dispositive Power:
171,300 Shares
--------------------------------------------------
8) Shared Dispositive Power
--------------------------------------------------------------------------------
9) Aggregate Amount Beneficially Owned By Each Reporting Person:
171,300 Shares
--------------------------------------------------------------------------------
10) Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares |_|
(See Instructions)
--------------------------------------------------------------------------------
11) Percent of Class Represented by Amount in Row (9):
1.2% of Common Stock
--------------------------------------------------------------------------------
12) Type of Reporting Person (See Instructions) CO
--------------------------------------------------------------------------------
CUSIP No. 1247M101 Page 5 of 9 Pages
--------------------------------------------------------------------------------
1) Name and I.R.S. Identification No. Of Reporting Person (entities only)
Wynnefield Capital Management, LLC 13-4018186
--------------------------------------------------------------------------------
2) Check The Appropriate Box If A Member Of A Group (See Instructions)
(a)[ ]
(b)[X] Reporting person is affiliated with other persons
--------------------------------------------------------------------------------
3) SEC USE ONLY
--------------------------------------------------------------------------------
4) Citizenship Or Place Of Organization: New York
--------------------------------------------------------------------------------
5) Sole Voting Power:
NUMBER OF SHARES 507,100 Shares (1)
BENEFICIALLY OWNED --------------------------------------------------
BY EACH REPORTING 6) Shared Voting Power
PERSON WITH
--------------------------------------------------
7) Sole Dispositive Power:
507,100 Shares (1)
--------------------------------------------------
8) Shared Dispositive Power
--------------------------------------------------------------------------------
9) Aggregate Amount Beneficially Owned By Each Reporting Person:
507,100 Shares (1)
--------------------------------------------------------------------------------
10) Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares |_|
(See Instructions)
--------------------------------------------------------------------------------
11) Percent of Class Represented by Amount in Row (9):
3.6% of Common Stock
--------------------------------------------------------------------------------
12) Type of Reporting Person: OO (Limited Liability Company)
--------------------------------------------------------------------------------
(1) Wynnefield Capital Management, LLC holds an indirect beneficial interest in
these shares which are directly beneficially owned by Wynnefield Partners Small
Cap Value, L.P. and Wynnefield Partners Small Cap Value, L.P. I.
CUSIP No. 1247M101 Page 6 of 9 Pages
--------------------------------------------------------------------------------
1) Name and I.R.S. Identification No. Of Reporting Person (entities only)
Wynnefield Capital, Inc. (No IRS Identification No.)
--------------------------------------------------------------------------------
2) Check The Appropriate Box If A Member Of A Group (See Instructions)
(a)[ ]
(b)[X] Reporting person is affiliated with other persons
--------------------------------------------------------------------------------
3) SEC USE ONLY
--------------------------------------------------------------------------------
4) Citizenship Or Place Of Organization: Cayman Islands
--------------------------------------------------------------------------------
5) Sole Voting Power:
NUMBER OF SHARES 171,300 Shares (1)
BENEFICIALLY OWNED --------------------------------------------------
BY EACH REPORTING 6) Shared Voting Power
PERSON WITH
--------------------------------------------------
7) Sole Dispositive Power:
171,300 Shares (1)
--------------------------------------------------
8) Shared Dispositive Power
--------------------------------------------------------------------------------
9) Aggregate Amount Beneficially Owned By Each Reporting Person:
171,300 Shares (1)
--------------------------------------------------------------------------------
10) Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares |_|
(See Instructions)
--------------------------------------------------------------------------------
11) Percent of Class Represented by Amount in Row (9):
1.2% of Common Stock
--------------------------------------------------------------------------------
12) Type of Reporting Person: OO (Limited Liability Company)
--------------------------------------------------------------------------------
(1) Wynnefield Capital, Inc. holds an indirect beneficial interest in
these shares which are directly beneficially owned by Wynnefield Partners Small
Cap Value Offshore Fund, Ltd.
ITEM 1(a). Name of Issuer:
UCN, Inc.
ITEM 1(b). Address of Issuer's Principal Executive Offices:
14870 Pony Express Road, Bluffdale, Utah 84065
-------------------------------------------------------------------
ITEM 2(a). Names of Persons Filing:
Wynnefield Partners Small Cap Value, L.P. ("Partners")
-------------------------------------------------------------------
Wynnefield Partners Small Cap Value, L.P. I ("Partners I")
-------------------------------------------------------------------
Wynnefield Small Cap Value Offshore Fund, Ltd. ("Fund")
-------------------------------------------------------------------
Wynnefield Capital Management, LLC ("WCM")
-------------------------------------------------------------------
Wynnefield Capital, Inc. ("WCI")
-------------------------------------------------------------------
ITEM 2(b). Address of Principal Business Office Or, If None, Residence:
450 Seventh Avenue, Suite 509, New York, New York 10123
-------------------------------------------------------------------
ITEM 2(c). Citizenship:
Partners and Partners I are Delaware Limited Partnerships
-------------------------------------------------------------------
Fund and WCI are Cayman Islands Companies
-------------------------------------------------------------------
WCM is a New York Limited Liability Company
-------------------------------------------------------------------
ITEM 2(d). Title of Class of Securities:
Common Stock, $.0001 Par Value Per Share
-------------------------------------------------------------------
ITEM 2(e). CUSIP Number: 12427M101
ITEM 3. If this Statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or
(c), check whether the person filing is:
None of the reporting persons is an entity specified in Rule
13d-1(b)(1)(ii).
ITEM 4. Ownership:
(a) Amount beneficially owned by all reporting persons: 678,400 Shares
(b) Percent of class: 4.8% of Common Stock
(c) Number of shares as to which the reporting persons have:
(i) sole power to vote or to direct the vote:
678,400 Shares
(ii) shared power to vote or to direct the vote
(iii) sole power to dispose or to direct the disposition:
678,400 Shares
(iv) shared power to dispose or to direct the disposition
ITEM 5. Ownership of five percent or less of a class. If this statement is being
filed to reflect the fact that as of the date hereof the reporting person has
ceased to be the owner of more than five percent of the class of securities,
check the following: |X|
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 being reported on by the parent holding company.
Not applicable.
ITEM 8. Identification and classification of members of the group.
None of the reporting persons who have filed this schedule is a
person, as defined in Rule 13d-1(b)(1)(ii), promulgated pursuant to
the Securities Exchange Act of 1934. The persons filing this statement
are identified in Item 2 hereof.
ITEM 9. Notice of dissolution of group.
See Exhibit 1.
ITEM 10. Certifications.
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 or as a
participant in any transaction having that purpose or effect.
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: February 10, 2005
WYNNEFIELD PARTNERS SMALL CAP VALUE, L.P.
By:Wynnefield Capital Management, LLC,
General Partner
By: /s/ Nelson Obus
---------------------------------
Nelson Obus, Managing Member
WYNNEFIELD PARTNERS SMALL CAP VALUE, L.P. I
By:Wynnefield Capital Management, LLC,
General Partner
By: /s/ Nelson Obus
---------------------------------
Nelson Obus, Managing Member
WYNNEFIELD SMALL CAP VALUE OFFSHORE FUND, LTD.
By: Wynnefield Capital, Inc.
By: /s/ Nelson Obus
---------------------------------
Nelson Obus, President
WYNNEFIELD CAPITAL MANAGEMENT, LLC
By: /s/ Nelson Obus
---------------------------------
Nelson Obus, Managing Member
WYNNEFIELD CAPITAL, INC.
By: /s/ Nelson Obus
---------------------------------
Nelson Obus, President