SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13D-1(A) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13D-2(a)
Amendment No.1
Western Sizzlin Corporation
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(Name of Issuer)
Common Stock, par value $.01 per share
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(Title of Class of Securities)
959542101
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(CUSIP Number)
Dash Acquisitions LLC
9701 Wilshire Blvd. #1110, Beverly Hills, CA 90201
(310) 464-6364
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
December 5, 2006
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(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), Rule 13d-1(f) or Rule 13d-1(g), check the
following box / /.
(Continued on following pages)
(Page 1 of 6 Pages)
CUSIP NO. 959542101 Page 2 of 12
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1 NAME OF REPORTING PERSON
Dash Acquisitions LLC
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (A) / / (B) / /
3 SEC USE ONLY
4 SOURCE OF FUNDS*
PF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E): / /
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF SHARES BENEFICIALLY OWNED BY REPORTING PERSON WITH
7 SOLE VOTING POWER
0
8 SHARED VOTING POWER
433,076
9 SOLE DISPOSITIVE POWER
0
10 SHARED DISPOSITIVE POWER
433,076
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
433,076
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES* / /
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
36.3%
CUSIP NO. 959542101 Page 3 of 12
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14 TYPE OF REPORTING PERSON*
IN
CUSIP NO. 959542101 Page 4 of 12
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1 NAME OF REPORTING PERSON
Dash Acq. II, LP
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (A) / / (B) / /
3 SEC USE ONLY
4 SOURCE OF FUNDS*
PF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E): / /
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF SHARES BENEFICIALLY OWNED BY REPORTING PERSON WITH
7 SOLE VOTING POWER
0
8 SHARED VOTING POWER
25,535
9 SOLE DISPOSITIVE POWER
0
10 SHARED DISPOSITIVE POWER
25,535
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,535
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES* / /
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
2.2%
CUSIP NO. 959542101 Page 5 of 12
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14 TYPE OF REPORTING PERSON*
IN
CUSIP NO. 959542101 Page 6 of 12
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1 NAME OF REPORTING PERSON
Jonathan Dash
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (A) / / (B) / /
3 SEC USE ONLY
4 SOURCE OF FUNDS*
PF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E): / /
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF SHARES BENEFICIALLY OWNED BY REPORTING PERSON WITH
7 SOLE VOTING POWER
0
8 SHARED VOTING POWER
458,611
9 SOLE DISPOSITIVE POWER
0
10 SHARED DISPOSITIVE POWER
458,611
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
458,611
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES* / /
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
38.5%
CUSIP NO. 959542101 Page 7 of 12
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14 TYPE OF REPORTING PERSON*
IN
CUSIP NO. 959542101 Page 8 of 12
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AMENDMENT NO. 1 TO SCHEDULE 13D
This Amendment No. 1, dated December 15, 2006, to Schedule 13D is filed
by the Reporting Persons and amends Schedule 13D as previously filed by the
Reporting Person with the Securities and Exchange Commission on November 22,
2006 (the "Schedule 13D"), relating to the common stock, $.01 par value (the
"Shares") of Western Sizzlin Corporation, a Delaware corporation.
This Amendment relates to Common Stock, $0.01 par value, (the "Shares"),
of Western Sizzlin Corporation (the "Company" or the "Issuer"), owned by Dash
Acquisitions LLC for the account of (i) Dash Acq. II, LP, of which Dash
Acquisitions LLC is the general partner and investment advisor.
Items 2, 3 and 5 and 6 of the Schedule 13D are hereby amended and
restated as follows:
ITEM 1. SECURITY AND ISSUER.
No Change.
ITEM 2. IDENTITY AND BACKGROUND
Set forth below is the following information with respect to the filing
on this Schedule 13D: (a) name; (b) business address; (c) principal occupation
and name, business and address of employer; (d) information concerning criminal
convictions during the last five years; (e) information concerning civil or
administrative proceedings under state or federal law securities law during the
past five years with respect to any state or federal securities laws; and (f)
citizenship.
(a) Dash Acquisitions LLC, Jonathan Dash ("Dash") and Dash Acq. II, LP
(together the "Reporting Persons").
(b) The address and principal business office of the Reporting Persons is 9701
Wilshire Boulevard, Suite 1110, Beverly Hills, CA 90212
(c) Dash's firm is Dash Acquisitions LLC and Dash Acq. II, LP whose principal
business is investment advisory services.
(d) During the past five years prior to the date hereof, Dash has not been
convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors).
(e) During five years prior to the date hereof, Dash has not been a party to a
civil proceeding of a judicial or administrative body of competent jurisdiction
and as a result of which any of the foregoing was or is subject to a judgment,
decree or final order enjoining future violations of, or prohibiting or
CUSIP NO. 959542101 Page 9 of 12
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mandating activities subject to, Federal or State securities laws, or finding
any violation with respect to such laws.
(f) Dash is a United States Citizen.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
As of December 15, 2006, Dash has invested $104,091 in the Shares of
Issuer using his personal funds. The total cost for the Common Stock that Dash
Acquisitions LLC and Dash Acq. II, LP may be deemed to beneficially own is
$3,581,240. The funds for the purchase of the Common Stock beneficially owned by
Dash Acquisitions LLC, Dash Acq. II, LP and Dash with respect to which they
share voting power came from the working capital of Dash Acquisitions LLC with
funds from Dash's respective clients in his role as an investment advisor of
Dash Acquisitions LLC.
ITEM 4. PURPOSE OF TRANSACTION
No Change
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
As the holder of sole voting and investment authority over the Shares
owned by Dash's Client in Dash Acquisitions LLC ("LLC Client Shares"), Dash
Acquisitions LLC may be deemed, for purposes of Rule 13d-3 under the Securities
Exchange Act of 1934, as amended, to be the beneficial owner of the aggregate
amount of 433,076 Shares representing approximately 36.3% of the outstanding
Shares (based upon 1,191,850 shares outstanding as of November 9, 2006, as
reported on the latest 10-Q of the Issuer).
As the holder of sole voting and investment authority over the Shares
owned by Dash and by Dash's Client in Dash Acq. II, LP ("LP Client Shares"),
Dash Acq. II, LP may be deemed, for purposes of Rule 13d-3 under the Securities
Exchange Act of 1934, as amended, to be the beneficial owner of the aggregate
amount of 25,535 Shares representing approximately 2.2% of the outstanding
Shares (based upon 1,191,850 shares outstanding as of November 9, 2006, as
reported on the latest 10-Q of the Issuer).
Dash is the managing member and control person of Dash Acquisitions LLC
and of Dash Acq. II, LP, and for purposes of Rule 13d-3 may be deemed the
beneficial owner of such Shares deemed to be beneficially owned by Dash
Acquisitions LLC and Dash Acq. II, LP. Thus, Dash may be deemed, for purposes of
Rule 13d-3 under the Securities Exchange Act of 1934, as amended, to be the
beneficial owners of the aggregate amount of 458,611 Shares representing
approximately 38.5% of the outstanding Shares (based upon 1,191,850 shares
outstanding as of November 9, 2006, as reported on the latest 10-Q of the
Issuer). Dash disclaims any economic interest or beneficial ownership of the
Shares covered by this statement.
CUSIP NO. 959542101 Page 10 of 12
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The Reporting Persons effected transaction in the Shares during the past
60 days as set forth below:
Amount of Price
Date Where and how effected Securities per shares
11/28/2006 Open Market Purchase 4,406* $8.38
11/28/2006 Open Market Purchase 1,000* $8.39
11/28/2006 Open Market Purchase 1,794* $8.43
12/05/2006 Open Market Purchase 3,000* $7.50
12/05/2006 Open Market Purchase 4,000* $7.54
12/05/2006 Open Market Purchase 500* $7.55
12/05/2006 Open Market Purchase 5,500* $7.59
12/05/2006 Open Market Purchase 2,535* $7.70
12/05/2006 Open Market Purchase 3,000* $7.75
12/05/2006 Open Market Purchase 2,500* $7.85
12/05/2006 Open Market Purchase 2,500* $7.90
12/05/2006 Open Market Purchase 2,000* $8.00
* These shares were purchased by Dash, an investment advisor
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
The information provided in Item 4 is incorporated by reference. Dash
Acquisitions LLC has entered into an agreement with the Dash Acquisitions LLC
Clients ("LLC Clients"), whereby it retains voting power and dispositive power
over the LLC Clients. The LLC Clients, as of December 15, 2006, own an aggregate
of 433,076 Shares of the Issuer consisting only of LLC Client Shares which
represent an aggregate amount of approximately 36.3% of the outstanding Shares
(based upon 1,191,850 shares outstanding as of November 9, 2006, as reported on
the latest 10-Q of the Issuer ). Dash Acquisitions LLC retains voting power and
beneficiary interests in the Client Shares.
25,535 shares, consisting of LLC Client Shares and Dash's Shares were
transferred from Dash Acquisitions LLC to Dash Acq. II, LP. Dash Acq. II, LP has
entered into an agreement with the Dash Acq. II, LP Clients ("LP Clients",
whereby it retains voting power and dispositive power over the LP Client Shares.
The LP Clients, as of November 22, 2006, own an aggregate of 13,210 Shares of
the Issuer which along with Dash's Shares total 25,535 Shares and represent an
aggregate amount of approximately 2.2% of the outstanding Shares (based upon
1,191,850 shares outstanding as of November 9, 2006, as reported on the latest
10-Q of the Issuer ). Dash Acquisitions LLC retains voting power and beneficiary
interests in the Client Shares.
Dash is the managing member and control person of Dash Acquisitions LLC
and Dash Acq. II, LP. Thus, Dash may be deemed, for purposes of Rule 13d-3 under
the Securities Exchange Act of 1934, as amended, to be the beneficial owners of
the aggregate amount of 458,611 Shares representing approximately 38.5% of the
outstanding Shares (based upon 1,191,850 shares outstanding as of November 9,
2006, as reported on the latest 10-Q of the Issuer). Dash disclaims any economic
interest or beneficial ownership of the Shares covered by this statement.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
CUSIP NO. 959542101 Page 11 of 12
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Not applicable
CUSIP NO. 959542101 Page 12 of 12
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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.
DATED: December 15, 2006
By: /s/ Jonathan Dash
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Jonathan Dash
By: /s/ Jonathan Dash
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Dash Acquisitions LLC
By: /s/ Jonathan Dash
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Dash Acq. II, LP