UNITED STATES
|
||
SECURITIES AND EXCHANGE
COMMISSION
|
||
Washington, D.C. 20549
|
||
SCHEDULE 13D
|
Page 1 of 4 pages
|
CUSIP No. 30024B203 | 13D |
Page 2 of 4 Pages
|
1.
|
Names of Reporting Persons.
Ilyas Khan
ECK & Partners Holdings Limited (“ECK”)
Crosby Special Situations Fund (“CSSF”)
|
||||
2.
|
Check the Appropriate Box if a Member of a Group (See Instructions)
|
||||
(a)
|
[ ]
|
||||
(b)
|
[ ]
|
||||
3.
|
SEC Use Only
|
||||
4.
|
Source of Funds (See Instructions)
OO
|
||||
5.
|
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
|
||||
[ ] | |||||
|
|||||
6.
|
Citizenship or Place of Organization
Ilyas Khan – British citizen; ECK – British Virgin Islands; CSSF – Cayman Islands
|
||||
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
|
7.
|
Sole Voting Power
1,238,150
|
|||
8.
|
Shared Voting Power
0
|
||||
9.
|
Sole Dispositive Power
1,238,150
|
||||
10.
|
Shared Dispositive Power
0
|
||||
11.
|
Aggregate Amount Beneficially Owned by Each Reporting Person
1,238,150
|
||||
12.
|
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ]
|
||||
13.
|
Percent of Class Represented by Amount in Row (11)
6.2%
|
||||
14.
|
Type of Reporting Person (See Instructions)
IN
|
||||
CUSIP No. 30024B203 | 13D |
Page 3 of 4 Pages
|
Item 1.
|
Security and Issuer
|
||
This statement relates to warrants to purchase the Common Stock, $0.001 par value per share (the “Common Stock”), of Evergreen Energy Inc. (the “Issuer”). The Issuer’s principal executive offices are located at 1225 17th Street, Ste. 1300, Denver, CO 80202-5506.
|
|||
Item 2.
|
Identity and Background
|
||
The persons filing this statement are Ilyas Khan, a resident of the United Kingdom, ECK & Partners Holdings Limited, a British Virgin Islands company, and Crosby Special Situations Fund, a Cayman Islands company. Mr. Khan is Chairman and owner of approximately 88% of ECK which is the sole owner of CSSF. The address of Mr. Khan is 4 Old Park Lane, London, UK, W1K 1QW. The principal offices of ECK and CSSF are located at 18/F, Fairmont House, 8 Cotton Tree Drive, Central, Hong Kong. Mr. Khan is a British citizen and his principal occupation is serving as the Chairman of the Issuer. ECK and CSSF are principally in the business of consulting on business transactions and making private investments.
During the last five years, neither Mr. Khan, ECK, nor CSSF has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction resulting in the company being 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
|
||
CSSF acquired the warrants to purchase 1,238,150 shares of Common Stock pursuant to a professional services agreement with the Evergreen Energy Inc. In the event such warrants are exercised, CSSF will use its working capital to purchase the shares of Common Stock in the total amount of $1,166,956.38.
CSSF did not acquire the warrants beneficially owned by it using funds or other consideration borrowed or otherwise obtained for the purpose of acquiring, holding, trading or voting such warrants to purchase Common Stock.
|
|||
Item 4.
|
Purpose of Transaction
|
||
The Reporting Persons acquired the shares of Common Stock beneficially owned by it for investment purposes. The Reporting Persons have no current plans or proposals which relate to, or could result in, any of the matters referred to in paragraphs (a) through (j), inclusive, of Item 4 of Schedule 13D.
|
|||
Item 5.
|
Interest in Securities of the Issuer
|
||
CSSF directly beneficially owns warrants to purchase 1,238,150 shares of Common Stock. If all of such warrants were exercised, the underlying Common Stock would represent approximately 6.2% of the Issuer’s outstanding shares. Mr. Khan and ECK have an indirect beneficial ownership of such securities based on their respective control of CSSF.
Mr. Khan, ECK and CSSF are not part of a group and have the sole power to vote and dispose of the shares.
Except as described herein, neither Mr. Khan, ECK nor CSSF has effected any other transactions in the Issuer’s common stock during the last 60 days.
|
CUSIP No. 30024B203 | 13D |
Page 4 of 4 Pages
|
Item 6.
|
Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer
|
There are currently no contracts, arrangements, understandings or relationships (legal or otherwise) between the Reporting Persons and any other person with respect to any securities of the Issuer, including, but not limited to, transfer or voting of any other securities, finder’s fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies.
|
|
Item 7.
|
Material to Be Filed as Exhibits
|
None. |
January 8 , 2011
|
||||
(Date)
|
||||
ILYAS KHAN
|
||||
/s/ Ilyas Khan
|
||||
|
||||
ECK & PARTNERS HOLDINGS LIMITED BVI
|
||||
By: /s/ Ilyas Khan
|
||||
Ilyas Khan
|
||||
CROSBY SPECIAL SITUATIONS FUND
|
||||
By: /s/ Ilyas Khan
|
||||
Ilyas Khan
|