Sec Form 13G Filing - Oenoke Partners LLC filing for INFORMATION SERVICES GROUP INC (III) - 2009-02-04

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, D.C. 20549

 

 

 

 

SCHEDULE 13G

(Amendment No. 1)


Under the Securities Exchange Act of 1934


Information Services Group, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

45675Y104

(CUSIP Number)

December 31, 2008

(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)

[   ]

Rule 13d-1(c)

[X]

Rule 13d-1(d)


*The remainder of this cover page shall be filled 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 the disclosures provided in a prior cover page.


The information required in 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).








CUSIP No. 45675Y104

 

 

1.

Names of Reporting Persons
Oenoke Partners, LLC

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

[   ]

 

 

(b)

[   ]

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
DE

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
0 (See Item 4)

 

6.

Shared Voting Power
0

 

7.

Sole Dispositive Power
0 (See Item 4)

 

8.

Shared Dispositive Power
0

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
0 (See Item 4)

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  [   ]

 

 

11.

Percent of Class Represented by Amount in Row (9)
0% (See Item 4)

 

 

12.

Type of Reporting Person (See Instructions)
OO





Page 2 of 10 pages



3



CUSIP No. 45675Y104

 

 

1.

Names of Reporting Persons
Michael P. Connors

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

[   ]

 

 

(b)

[   ]

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
United States

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
3,477,735 (See Item 4)

 

6.

Shared Voting Power
0

 

7.

Sole Dispositive Power
3,477,735 (See Item 4)

 

8.

Shared Dispositive Power
0

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
3,477,735 (See Item 4)

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  [   ]

 

 

11.

Percent of Class Represented by Amount in Row (9)
10.6% (See Item 4)

 

 

12.

Type of Reporting Person (See Instructions)
IN




Page 3 of 10 pages



4



CUSIP No. 45675Y104

 

 

1.

Names of Reporting Persons
Frank D. Martell

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

[   ]

 

 

(b)

[   ]

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
United States

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
3,477,734 (See Item 4)

 

6.

Shared Voting Power
0

 

7.

Sole Dispositive Power
3,477,734 (See Item 4)

 

8.

Shared Dispositive Power
0

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
3,477,734 (See Item 4)

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  [   ]

 

 

11.

Percent of Class Represented by Amount in Row (9)
10.6% (See Item 4)

 

 

12.

Type of Reporting Person (See Instructions)
IN




Page 4 of 10 pages



5



CUSIP No. 45675Y104

 

 

1.

Names of Reporting Persons
Earl H. Doppelt

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

[   ]

 

 

(b)

[   ]

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
United States

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
3,477,734 (See Item 4)

 

6.

Shared Voting Power
0

 

7.

Sole Dispositive Power
3,477,734 (See Item 4)

 

8.

Shared Dispositive Power
0

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
3,477,734 (See Item 4)

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  [   ]

 

 

11.

Percent of Class Represented by Amount in Row (9)
10.6% (See Item 4)

 

 

12.

Type of Reporting Person (See Instructions)
IN




Page 5 of 10 pages



6



CUSIP No. 45675Y104

 

 

1.

Names of Reporting Persons
Richard G. Gould

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

[   ]

 

 

(b)

[   ]

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
United States

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
3,477,734 (See Item 4)

 

6.

Shared Voting Power
0

 

7.

Sole Dispositive Power
3,477,734 (See Item 4)

 

8.

Shared Dispositive Power
0

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
3,477,734 (See Item 4)

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  [   ]

 

 

11.

Percent of Class Represented by Amount in Row (9)
10.6% (See Item 4)

 

 

12.

Type of Reporting Person (See Instructions)
IN




Page 6 of 10 pages



7



Item 1.


(a)

Name of Issuer:


Information Services Group, Inc.


(b)

Address of Issuer’s Principal Executive Offices


Four Stamford Plaza
107 Elm Street
Stamford, CT 06902


Item 2.


(a)

Name of Person Filing


(1) Oenoke Partners, LLC
(2) Michael P. Connors
(3) Frank D. Martell
(4) Earl H. Doppelt
(5) Richard G. Gould


(b)

Address of Principal Business Office or, if none, Residence


Four Stamford Plaza
107 Elm Street
Stamford, CT 06902


(c)

Citizenship


 

(1) Oenoke Partners, LLC

Delaware

 

(2) Michael P. Connors

United States

 

(3) Frank D. Martell

United States

 

(4) Earl H. Doppelt

United States

 

(5) Richard G. Gould

United States


(d)

Title of Class of Securities


Common Stock


(e)

CUSIP Number


45675Y104


Item 3.

If this statement is filed pursuant to §§240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a:


Not Applicable



Item 4.

Ownership


Each of Michael P. Connors, Frank Martell, Earl H. Doppelt and Richard G. Gould were members of Oenoke Partners, LLC (“Oenoke”) and owned twenty-five percent of the outstanding membership interests.  Oenoke held 7,410,937 shares of common stock and 6,500,000 shares of



Page 7 of 10 pages



8


common stock underlying warrants.  Pursuant to a Plan of Liquidation and Dissolution, adopted on December 17, 2008, Oenoke dissolved and distributed its shares of common stock and warrants pro rata to its four members who now hold the common stock and warrants directly.  In the future, Messrs. Connors, Martell, Doppelt and Gould will separately make individual filings on Schedule 13G.  



(a)

Amount Beneficially Owned:


 

(1) Oenoke Partners, LLC

0

 

(2) Michael P. Connors

3,477,735

 

(3) Frank D. Martell

3,477,734

 

(4) Earl H. Doppelt

3,477,734

 

(5) Richard G. Gould

3,477,734


Mr. Connors holds 1,852,735 shares of common stock and 1,625,000 shares of common stock underlying warrants.  Messrs. Martell, Doppelt and Gould each hold 1,852,734 shares of common stock and 1,625,000 shares of common stock underlying warrants.  These warrants are currently exercisable and therefore, the underlying common stock is deemed to be beneficially owned.


(b)

Percent of Class:


 

(1) Oenoke Partners, LLC

0%

 

(2) Michael P. Connors

10.6%

 

(3) Frank D. Martell

10.6%

 

(4) Earl H. Doppelt

10.6%

 

(5) Richard G. Gould

10.6%



(c)

Number of shares as to which the person has:


(i)

Sole power to vote or to direct the vote:


 

(1) Oenoke Partners, LLC

0

 

(2) Michael P. Connors

3,477,735

 

(3) Frank D. Martell

3,477,734

 

(4) Earl H. Doppelt

3,477,734

 

(5) Richard G. Gould

3,477,734



(ii)

Shared power to vote or to direct the vote:


 

(1) Oenoke Partners, LLC

0

 

(2) Michael P. Connors

0

 

(3) Frank D. Martell

0

 

(4) Earl H. Doppelt

0

 

(5) Richard G. Gould

0



(iii)

Sole power to dispose or to direct the disposition of:


 

(1) Oenoke Partners, LLC

0

 

(2) Michael P. Connors

3,477,735

 

(3) Frank D. Martell

3,477,734

 

(4) Earl H. Doppelt

3,477,734



Page 8 of 10 pages



9





 

(5) Richard G. Gould

3,477,734



(iv)

Shared power to dispose or to direct the disposition of:


 

(1) Oenoke Partners, LLC

0

 

(2) Michael P. Connors

0

 

(3) Frank D. Martell

0

 

(4) Earl H. Doppelt

0

 

(5) Richard G. Gould

0



Item 5

Ownership of Five Percent or Less of a Class


If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following [X].  


Oenoke Partners, LLC has dissolved and is no longer a beneficial owner of more than 5 percent of the class of securities.  


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 or Control Person.


Not Applicable



Item 8.

Identification and Classification of Members of the Group


Not Applicable


Item 9.

Notice of Dissolution of a Group


Not Applicable


Item 10.

Certification


Not Applicable


Exhibits


Exhibit 1

Joint Filing Agreement by and among the reporting persons.*


* Previously filed.



Page 9 of 10 pages



10


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.


 

February 4, 2009

 

Date





 

Oenoke Partners, LLC

 

 

 

By:

/s/ Michael P. Connors

 

 

Name:

Michael P. Connors

 

 

Title:

Managing Member

 

 

 

 

 

 

 

/s/ Michael P. Connors

 

Signature

 

 

 

Michael P. Connors

 

Name

 

 

 

/s/ Frank D. Martell

 

Signature

 

 

 

Frank D. Martell

 

Name

 

 

 

/s/ Earl H. Doppelt

 

Signature

 

 

 

Earl H. Doppelt

 

Name

 

 

 

/s/ Richard G. Gould

 

Signature

 

 

 

Richard G. Gould

 

Name




Page 10 of 10 pages