UNITED STATES
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. 10
Command Security Corporation
----------------------------
(Name of Issuer)
Common Stock
------------
(Title of Class of Securities)
20050L100
---------
(CUSIP Number)
Mr. Bruce Galloway
c/o Galloway Capital Management, LLC
1325 Avenue of the Americas
New York, N.Y. 10019
(Name, Address and Telephone Number of
Person Authorized to Receive Notices
and Communications)
August 30, 2004
---------------
(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 which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f), or 13d-1(g), check the following
box: |_|.
SCHEDULE 13D
CUSIP No. 20050L100
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Bruce Galloway
_____________________________________________________________________________
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [x]
(b) [ ]
______________________________________________________________________________
3) SEC USE ONLY
______________________________________________________________________________
4) SOURCE OF FUNDS OO
______________________________________________________________________________
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) |_|
______________________________________________________________________________
6) CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
___________________________________________________________________________
7) SOLE VOTING POWER
NUMBER OF 840,794
SHARES _________________________________________________________
BENEFICIALLY 8) SHARED VOTING POWER
OWNED BY 0
EACH _________________________________________________________
REPORTING 9) SOLE DISPOSITIVE POWER
PERSON 840,794
WITH _________________________________________________________
10) SHARED DISPOSITIVE POWER
0
______________________________________________________________________________
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
840,794
______________________________________________________________________________
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|_|
______________________________________________________________________________
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.83%
______________________________________________________________________________
14) TYPE OF REPORTING PERSON
IN
SCHEDULE 13D
CUSIP No. 20050L100
-------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Galloway Capital Management, LLC
_____________________________________________________________________________
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [x]
(b) [ ]
______________________________________________________________________________
3) SEC USE ONLY
______________________________________________________________________________
4) SOURCE OF FUNDS OO
______________________________________________________________________________
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) |_|
______________________________________________________________________________
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
___________________________________________________________________________
7) SOLE VOTING POWER
NUMBER OF 408,015
SHARES _________________________________________________________
BENEFICIALLY 8) SHARED VOTING POWER
OWNED BY 0
EACH _________________________________________________________
REPORTING 9) SOLE DISPOSITIVE POWER
PERSON 408,015
WITH _________________________________________________________
10) SHARED DISPOSITIVE POWER
0
______________________________________________________________________________
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
408,015
______________________________________________________________________________
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|_|
______________________________________________________________________________
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.15%
______________________________________________________________________________
14) TYPE OF REPORTING PERSON
OO
SCHEDULE 13D
CUSIP No. 20050L100
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GCM Security Partners, LLC
_____________________________________________________________________________
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [x]
(b) [ ]
______________________________________________________________________________
3) SEC USE ONLY
______________________________________________________________________________
4) SOURCE OF FUNDS OO
______________________________________________________________________________
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) |_|
______________________________________________________________________________
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
___________________________________________________________________________
7) SOLE VOTING POWER
NUMBER OF 0%
SHARES __________________________________________________________
BENEFICIALLY 8) SHARED VOTING POWER
OWNED BY 0
EACH _________________________________________________________
REPORTING 9) SOLE DISPOSITIVE POWER
PERSON 0%
WITH _________________________________________________________
10) SHARED DISPOSITIVE POWER
0
______________________________________________________________________________
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0%
______________________________________________________________________________
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|_|
______________________________________________________________________________
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
______________________________________________________________________________
14) TYPE OF REPORTING PERSON
OO
This Amendment is being filed on behalf of Mr. Bruce Galloway,
an individual investor, GCM Security Partners, LLC ("GCM"), a Delaware limited
liability company of which Mr. Galloway is a Managing Member, and Galloway
Capital Management, LLC, ("Galloway Capital") of which Mr. Galloway is a
Managing Member (collectively, the "Reporting Persons"), with respect to the
common stock, par value $0.0001 per share ("Common Stock"), of Command Security
Corporation, a New York corporation (the "Company" or "Command"). This Amendment
is being filed to reflect (i) the revocation of proxies previously granted to
Mr. Galloway by the following persons: Europa International, Inc., Sandra
Pessin, Edwin and Carol Levy, Frances Sall IRA Rollover, Frances Sall Limited
Partnership, Inventron, Ltd., Dr. Julian Henley, Michael Morley BSSC Master
Defined Contribution Pension Plan, Gary Herman, Goren Bros, L.P., NTS, Jennifer
M. Bawden, Donald R. Fleischer, Jeff Cohen & Jeanne Cohen/JTWROS, Daniel
Bertram, Albert W. Karnath IRA Rollover, Sorbo Family Trust DTD 10/31/1996 and
Dr. Charles Starke and (ii) the distribution by GCM to its members, Atlantis
Equities, Inc. and Galloway Capital of all shares of Common Stock and warrants
relating to shares of Common Stock.
Item 1. Security and Issuer.
The class of equity securities to which this statement relates
is the Common Stock of the Company. The principal executive offices of the
Company are located at Route 55, Lexington Park, Lagrangeville, NY, 12540.
Item 2. Identity and Background.
(a) - (c) This statement is being filed by Mr. Bruce Galloway,
an individual investor, GCM Security Partners, LLC ("GCM"), a Delaware limited
liability company of which Mr. Galloway is a Managing Member and Galloway
Capital Management, LLC ("Galloway Capital"), a Delaware limited liability
company of which Mr. Galloway is a Managing Member, (collectively, the
"Reporting Persons"), each of whose principal place of business is c/o Galloway
Capital Management, LLC, 1325 Avenue of the Americas, 26th Floor New York, NY
10019.
(d) - (e) None of the Reporting Persons has, during the last
five years, been convicted in a criminal proceeding (excluding traffic
violations and similar misdemeanors) or been a party to a civil proceeding of a
judicial or administrative body of competent jurisdiction and as a result of
such proceeding was or is 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.
(f) Mr. Galloway is a United States citizen and GCM and Galloway
Capital are a limited liability companies formed under the laws of the State of
Delaware.
Item 3. Source and Amount of Funds or Other Consideration.
The shares of Common Stock and warrants relating to shares of Common
Stock distributed to Mr. Galloway, other members of GCM, Atlantis Equities, Inc.
and Galloway Capital were distributed by GCM pro rata in accordance with (i) the
members' capital contributions and (ii) with respect to those warrants
distributed to Atlantis Equities, Inc. and Galloway Capital, an agreement among
the members regarding fees for investment banking
services performed by those entities relating to the acquisition by GCM of
shares of Common Stock.
Item 4. Purpose of Transaction.
The following persons have revoked proxies with respect shares of Common
Stock previously granted to Mr. Galloway: Europa International, Inc., Sandra
Pessin, Edwin and Carol Levy, Frances Sall IRA Rollover, Frances Sall Limited
Partnership, Inventron, Ltd., Dr. Julian Henley, Michael Morley BSSC Master
Defined Contribution Pension Plan, Gary Herman, Goren Bros, L.P., NTS, Jennifer
M. Bawden, Donald R. Fleischer, Jeff Cohen & Jeanne Cohen/JTWROS, Daniel
Bertram, Albert W. Karnath IRA Rollover, Sorbo Family Trust DTD 10/31/1996 and
Dr. Charles Starke.
Further, GCM has distributed all its shares of Common Stock held by it
and all warrants relating to shares of Common Stock to its members, Atlantis
Equities, Inc. and Galloway Capital.
Item 5. Interest in Securities of the Issuer.
(a) As of the date hereof, GCM does not beneficially own any shares of
Common Stock.
Mr. Galloway, for and on behalf of accounts over which he has control
and through his control of Galloway Capital, may be deemed to beneficially own
an aggregate of 840,794 shares of Common Stock, representing approximately
10.83% of the outstanding shares of Common Stock.
Galloway Capital may be deemed to beneficially own an aggregate of
408,015 shares of Common Stock, representing approximately 5.15% of the
outstanding shares of Common Stock.
(b) Mr. Galloway has sole voting power over 840,794 shares of Common
Stock and sole power to dispose of 840,794 shares of Common Stock.
Galloway Capital has sole voting power over 408,015 shares of Common
Stock and sole power to dispose of 408,015 shares of Common Stock.
(c) Except as described above, the Reporting Persons have not effected
any transaction in shares of Common Stock during the 60 days preceding the date
hereof.
(d) Not applicable.
(e) GCM ceased to be a beneficial owner of more than five percent of the
Common Stock on August 30, 2004.
Item 6. Contracts, Arrangements, Understanding or Relationships
With Respect to Securities of the Issuer.
Not applicable.
Item 7. Material to be Filed as Exhibits.
Not applicable.
SIGNATURES
----------
After reasonable inquiry and to the best knowledge and belief of
the undersigned, the undersigned certifies that the information set forth in
this statement is true, complete and correct.
Dated: September 3, 2004
/s/ Bruce Galloway
------------------
Bruce Galloway
GCM Security Partners, LLC
By: /s/ Bruce Galloway
------------------
Name: Bruce Galloway
Title: Managing Member
Galloway Capital Management
By: /s/ Gary Herman
-----------------
Name: Gary Herman
Title: Managing Member