UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. ________)*
RLJ Entertainment, Inc.
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(Name of Issuer)
Common Stock, Par Value $0.001 Per Share
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(Title of Class of Securities)
74965F104
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(CUSIP Number)
February 20, 2014
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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)
* 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 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).
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CUSIP No. 74965F104 13G Page 2 of 11
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1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Sudbury Capital Fund, LP
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)
(a) ?
(b) ?
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5. SOLE VOTING POWER
0
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6. SHARED VOTING POWER.1
288,743
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7. SOLE DISPOSITIVE POWER
0
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8. SHARED DISPOSITIVE POWER
288,743
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5.02%
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10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(see instructions)?
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.02%
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12. TYPE OF REPORTING PERSON (see instructions)
Partnership (PN)
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1. Sudbury Capital Fund, LP has a right to purchase 381,292 ordinary shares
pursuant to warrant agreements expiring October 3, 2017 by and among
Sudbury Capital Fund, LP and the Issuer. Such shares are not counted in
Items 6 and 8 of the above figures because Sudbury Capital Fund, LP may
not be deemed to have voting and dispositive power over such 381,292
ordinary shares because those shares are currently not held by Sudbury
Capital Fund, LP.
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CUSIP No. 74965F104 13G Page 3 of 11
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1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Sudbury Holdings, LLC
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)
(a) ?
(b) ?
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5. SOLE VOTING POWER
0
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6. SHARED VOTING POWER
288,743
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7. SOLE DISPOSITIVE POWER
0
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8. SHARED DISPOSITIVE POWER
288,743
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
288,743
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10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(see instructions)?
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.02%
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12. TYPE OF REPORTING PERSON (see instructions)
Parent Holding Company/Control Person (HC)
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CUSIP No. 74965F104 13G Page 4 of 11
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1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Sudbury Capital GP, LP
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)
(a) ?
(b) ?
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5. SOLE VOTING POWER
0
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6. SHARED VOTING POWER
288,743
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7. SOLE DISPOSITIVE POWER
0
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8. SHARED DISPOSITIVE POWER
288,743
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
288,743
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10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(see instructions)?
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.02%
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12. TYPE OF REPORTING PERSON (see instructions)
Partnership (PN)
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CUSIP No. 74965F104 13G Page 5 of 11
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1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Sudbury Capital Management, LLC
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)
(a) ?
(b) ?
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5. SOLE VOTING POWER
0
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6. SHARED VOTING POWER
288,743
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7. SOLE DISPOSITIVE POWER
0
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8. SHARED DISPOSITIVE POWER
288,743
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
288,743
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10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(see instructions)?
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.02%
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12. TYPE OF REPORTING PERSON (see instructions)
Investment Adviser (IA)
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CUSIP No. 74965F104 13G Page 6 of 11
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Item 1.
(a) Name of Issuer
The name of the issuer is RLJ Entertainment, Inc. (RLJE) (herein referred
to as "Issuer").
(b) Address of Issuer's Principal Executive Offices
The principal executive offices of the issuer are located at 8515 Georgia
Avenue, Suite 650, Silver Spring, MD.
Item 2.
(a) Name of Person Filing
Pursuant to Regulation 13D-G of the General Rules and Regulations under
the Securities Exchange Act of 1934, as amended (the "Act"), the
undersigned hereby files this Schedule 13G Statement on behalf of
Sudbury Capital Fund, LP, a Delaware limited partnership; Sudbury Holdings,
LLC a Delaware limited liability company; Sudbury Capital Management, LLC
a Delaware limited liability company; and Sudbury Capital GP, LP, a
Delaware limited partnership, the "Reporting Persons." Furthermore,
information is included herein with respect to Dayton R. Judd. These
parties collectively will be referred to as "Item 2 Person." The Item 2
Person is filing this statement jointly. Neither the fact of this filing
nor anything contained herein shall be deemed to be an admission by any
of the Reporting Persons that they constitute a "group."
(b) Address of the Principal Office or, if none, residence
The address of the business office of Sudbury Capital Fund, LP, Sudbury
Capital Management, LLC and Sudbury Capital GP, LP; and Dayton R. Judd is
878 S. Denton Tap Road, Suite 220, Coppell, TX 75019.
(c) Citizenship
The natural person listed in Item 2(a) is a citizen of the United States of
America.
(d) Title of Class of Securities
The schedule 13G statement relates to Common stock, par value $0.001 per
share, of the Issuer (the "Stock").
(e) CUSIP Number
The CUSIP number for the Stock is 74965F104.
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CUSIP No. 74965F104 13G Page 7 of 11
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Item 3. Filing pursuant to sections 240.13d-1(b) or 240.13d-2(b) or (c).
This Schedule 13G statement is not being filed pursuant to Rule 13d-1(b)
or Rule 13d-2(b).
Item 4. Ownership
Sudbury Capital Fund, LP:
(a) Amount beneficially owned: 670,035.
(b) Percent of class: 5.02%
(c) Number of shares to which the person has:
(i) Sole power to vote or to direct the vote: 0
(ii) Shared power to vote or to direct the vote 288,743.
(iii) Sole power to dispose or to direct the disposition of : 0
(iv) Shared power to dispose or to direct the disposition of
288,743.
Sudbury Holdings, LLC:
Because Sudbury Holdings, LLC is the Parent Company of Sudbury Capital
Fund, LP, Sudbury Holdings, LLC may, pursuant to 13d-3 of the Act, be
deemed to be the beneficial owner of the Stock.
(a) Amount beneficially owned: 670,035.
(b) Percent of class: 5.02%
(c) Number of shares to which the person has:
(i) Sole power to vote or to direct the vote: 0
(ii) Shared power to vote or to direct the vote 288,743.
(iii) Sole power to dispose or to direct the disposition of : 0
(iv) Shared power to dispose or to direct the disposition of
288,743.
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CUSIP No. 74965F104 13G Page 8 of 11
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Sudbury Capital GP, LP:
Because Sudbury Capital GP, LP is the general partner of Sudbury Capital
Fund, LP, Sudbury Capital GP, LP may, pursuant to 13d-3 of the Act, be
deemed to be the beneficial owner of the Stock.
(a) Amount beneficially owned: 670,035.
(b) Percent of class: 5.02%
(c) Number of shares to which the person has:
(i) Sole power to vote or to direct the vote: 0
(ii) Shared power to vote or to direct the vote 288,743.
(iii) Sole power to dispose or to direct the disposition of : 0
(iv) Shared power to dispose or to direct the disposition of
288,743.
Sudbury Capital Management, LLC:
Because Sudbury Capital Management, LLC is the Investment Adviser of Sudbury
Capital Fund, LP, Sudbury Capital Management, LLC, may, pursuant to 13d-3
of the Act, be deemed to be the beneficial owner of the Stock.
(a) Amount beneficially owned: 670,035.
(b) Percent of class: 5.02%
(c) Number of shares to which the person has:
(i) Sole power to vote or to direct the vote: 0
(ii) Shared power to vote or to direct the vote 288,743.
(iii) Sole power to dispose or to direct the disposition of : 0
(iv) Shared power to dispose or to direct the disposition of
288,743.
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CUSIP No. 74965F104 13G Page 9 of 11
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Dayton Judd:
Because Dayton Judd is a member of Sudbury Holdings, LLC and Sudbury
Capital Management, LLC, and a limited partner of Sudbury Capital GP, LP,
Dayton Judd may, pursuant to 13d-3 of the Act, be deemed to be the
beneficial owner of the Stock.
(a) Amount beneficially owned: 670,035.
(b) Percent of class: 5.02%
(c) Number of shares to which the person has:
(i) Sole power to vote or to direct the vote: 0
(ii) Shared power to vote or to direct the vote 288,743.
(iii) Sole power to dispose or to direct the disposition of : 0
(iv) Shared power to dispose or to direct the disposition of
288,743.
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
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CUSIP No. 74965F104 13G Page 10 of 11
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Item 10. Certification
The following certification shall be included if the statement is filed
pursuant to section 240.13d-1(c):
By signing below I certify that, to the best of my 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 that purpose
or effect.
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.
March 2, 2015
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Date
Sudbury Capital Fund, LP
s/ Dayton Judd
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Signature
Member of the General Partner of
the General Partner of Sudbury
Capital Fund, LP
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Title
Sudbury Holdings, LLC
/s/ Dayton Judd
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Signature
Sole Member
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Title
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CUSIP No. 74965F104 13G Page 11 of 11
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Sudbury Capital GP, LP
/s/ Dayton Judd
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Signature
Member of the General Partner of
the General Partner of Sudbury
Capital Fund, LP
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Title
Sudbury Capital Management, LLC
/s/ Dayton Judd
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Signature
Managing Member
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Title