SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(13d-102)
Information Statement Pursuant to Rules 13d-1 and 13d-2
Under the Securities Exchange Act of 1934
(Amendment No. __________)(1)
ALTAIR NANOTECHNOLOGIES INC.
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(Name of Issuer)
Common Stock, no par value per share
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(Title of Class of Securities)
021373105
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(CUSIP Number)
October 9, 2002
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(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)
(1) The remainder of this cover page shall be filed 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 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).
13G
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CUSIP NO. 021373105 Page 2 of 8 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Cranshire Capital, L.P.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x]
(b) [_]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Illinois limited partnership
U.S.A.
------------------------------------ ------- ---------------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF
SHARES -0-
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
------------------------------------ ------- ---------------------------------------------------------------------------------------
6 SHARED VOTING POWER
1,628,910 shares of Common Stock (See Item 4)
------------------------------------ ------- ---------------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
-0-
------------------------------------ ------- ---------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,628,910 shares of Common Stock (See Item 4)
--------- --------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,628,910 shares of Common Stock (See Item 4)
--------- --------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_]
Not Applicable
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.20% (See Item 4)
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12 TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
2
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CUSIP NO. 021373105 Page 3 of 8 Pages
------------------------------------------ -------------------------------------------------------- --------------------------------
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Downsview Capital, Inc.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x]
(b) [_]
--------- --------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
--------- --------------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Illinois corporation
U.S.A.
------------------------------------ ------- ---------------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF
SHARES -0-
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
------------------------------------ ------- ---------------------------------------------------------------------------------------
6 SHARED VOTING POWER
1,628,910 shares of Common Stock (See Item 4)
------------------------------------ ------- ---------------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
-0-
------------------------------------ ------- ---------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,628,910 shares of Common Stock (See Item 4)
--------- --------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,628,910 shares of Common Stock (See Item 4)
--------- --------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_]
Not Applicable
--------- --------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.20% (See Item 4)
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12 TYPE OF REPORTING PERSON*
CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
3
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CUSIP NO. 021373105 Page 4 of 8 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Mitchell P. Kopin
--------- --------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x]
(b) [_]
--------- --------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
--------- --------------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
------------------------------------ ------- ---------------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF
SHARES -0-
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
------------------------------------ ------- ---------------------------------------------------------------------------------------
6 SHARED VOTING POWER
1,628,910 shares of Common Stock (See Item 4)
------------------------------------ ------- ---------------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
-0-
------------------------------------ ------- ---------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,628,910 shares of Common Stock (See Item 4)
--------- --------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,628,910 shares of Common Stock (See Item 4)
--------- --------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_]
Not Applicable
--------- --------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.20% (See Item 4)
--------- --------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
--------- --------------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
4
Item 1(a). Name of Issuer:
Altair Nanotechnologies Inc. (the "Company")
Item 1(b). Address of Issuer's Principal Executive Offices:
1725 Sheridan Avenue, Suite 140, Cody, Wyoming 82414
Item 2(a). Name of Person Filing
Item 2(b). Address of Principal Business Office or, if None, Residence
Item 2(c). Citizenship
Cranshire Capital, L.P.
666 Dundee Road, Suite 1901
Northbrook, IL 60062
Illinois limited partnership
Downsview Capital, Inc.
666 Dundee Road, Suite 1901
Northbrook, IL 60062
Illinois corporation
Mitchell P. Kopin
666 Dundee Road, Suite 1901
Northbrook, IL 60062
U.S. Citizen
Item 2(d). Title of Class of Securities:
Common Stock, no par value per share, of the Company
("Common Stock")
Item 2(e). CUSIP Number:
021373105
Item 3. If this Statement is Filed Pursuant to Rules 13d-1(b), or
13d-2(b) or (c), check whether the persons filing are:
(a) [ ] Broker or dealer registered under Section 15 of
the Exchange Act;
(b) [ ] Bank as defined in Section 3 (a) (6) of the
Exchange Act;
(c) [ ] Insurance company as defined in Section 3 (a)
(19) of the Exchange Act;
(d) [ ] Investment company registered under Section 8 of
the Investment Company Act;
(e) [ ] An investment advisor in accordance with Rule
13d-1 (b) (1) (ii) (E);
(f) [ ] An employee benefit plan or endowment fund in
accordance with Rule 13d-1 (b) (1) (ii) (F);
(g) [ ] A parent holding company or control person in
accordance with Rule 13d-1 (b) (1) (ii) (G);
(h) [ ] A savings association as defined in Section 3
(b) of the Federal Deposit Insurance Act;
(i) [ ] A church plan that is excluded from the
definition of an investment company under Section
(c) (14) of the Investment Company Act;
(j) [ ] Group, in accordance with Rule 13d-1 (b) (1)
(ii) (J);
If this statement is filed pursuant to Rule 13d-1(c), check
this box. [x]
5
Item 4. Ownership.
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in
Item 1.
(a) Amount beneficially owned:
1,628,910 shares of Common Stock*
(b) Percent of class:
6.20% (based on 24,633,791 shares of Common Stock
outstanding as of August 13, 2002, as reported in
the Company's Amended Quarterly Report on Form
10-Q/A on October 15, 2002 for the fiscal quarter
ended June 30, 2002.)
(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 direct the vote - 1,628,910*
(iii) Sole power to dispose or to direct the disposition
of - 0
(iv) Shared power to dispose or to direct the disposition
of - 1,628,910*
* Includes 871,043 shares of Common Stock currently
issuable to the Reporting Persons upon the exercise
of certain warrants issued to them by the Company.
Item 5. Ownership of Five Percent or Less of a Class.
NOT APPLICABLE
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.
NOT APPLICABLE
Item 9. Notice of Dissolution of Group.
NOT APPLICABLE
6
Item 10. Certification.
By signing below, each of the undersigned certify that, to
the best of its 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 such purpose of effect.
10
SIGNATURE
After reasonable inquiry and to the best of its knowledge and belief,
each of the undersigned certifies that the information set forth in this
statement is true, complete and correct.
October 18, 2002
-----------------------------------
(Date)
CRANSHIRE CAPITAL, L.P.
By: Downsview Capital, Inc.,
its General Partner
By: /s/ Mitchell P. Kopin
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Mitchell P. Kopin, President
DOWNSVIEW CAPITAL, INC.
By: /s/ Mitchell P. Kopin
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Mitchell P. Kopin, President
MITCHELL P. KOPIN
/s/ Mitchell P. Kopin
-----------------------------------