UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934 (Amendment No. 1)*
Scott's Liquid Gold-Inc.
(Name of Issuer)
Common Stock, par value $0.10 per share
(Title of Class of Securities)
810202101
(CUSIP Number)
Aaron Granovitz
2460 Park Ave
Hermosa Beach, CA 90254
(310) 721-1806
(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications)
March 8, 2023
(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 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the
following box [ ].
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See 240.13d-7(b) for other
parties to whom copies are to be sent.
*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).
SCHEDULE 13D
CUSIP No.
810202101
1
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Aaron Granovitz
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [x]
(b) [ ]
3
SEC USE ONLY
4
SOURCE OF FUNDS (See Instructions)
PF
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR
2(E)
[ ]
6
CITIZENSHIP OR PLACE OF ORGANIZATION
USA
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
790,067
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
790,067
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
790,067
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See
Instructions)
[ ]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.2%
14
TYPE OF REPORTING PERSON (See Instructions)
IN
CUSIP No.
810202101
1
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Entertainment Enterprises Defined Benefit Plan
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [x]
(b) [ ]
3
SEC USE ONLY
4
SOURCE OF FUNDS (See Instructions)
PF
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR
2(E)
[ ]
6
CITIZENSHIP OR PLACE OF ORGANIZATION
California, USA
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
790,067
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
790,067
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
790,067
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See
Instructions)
[ ]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.2%
14
TYPE OF REPORTING PERSON (See Instructions)
EP
CUSIP No.
810202101
1
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
AMG 401K Trust
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [x]
(b) [ ]
3
SEC USE ONLY
4
SOURCE OF FUNDS (See Instructions)
PF
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR
2(E)
[ ]
6
CITIZENSHIP OR PLACE OF ORGANIZATION
California, USA
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
790,067
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
790,067
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
790,067
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See
Instructions)
[ ]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.2%
14
TYPE OF REPORTING PERSON (See Instructions)
EP
Item 1. Security and Issuer
The class of securities to which this statement relates is the common stock,
par value $0.10 per share (the "Common Stock") of Scott's Liquid Gold - Inc.,
a Colorado corporation (the "Company"). The principal executive offices of
the Company are located at 8400 E. Crescent Parkway, Suite 450, Greenwood
Village, CO 80111.
Item 2. Identity and Background
(a) This statement is being filed by (i) Aaron Granovitz ("Mr.
Granovitz"); (ii) Entertainment Enterprises Defined Benefit Plan
("EEDBP"); and (iii) AMG 401K Trust ("AMG") (collectively
hereinafter referred to as the "Reporting Persons"). Mr. Granovitz
is the sole trustee and beneficiary of EEDBP and AMG.
(b) The residence of the Reporting Persons is 2460 Park Avenue,
Hermosa Beach, CA 90254.
(c) Mr. Granovitz is a contractor for an E-commerce company called
Floral Access with principal address 14507 Hawthorne Blvd,
Lawndale, CA 90260.
(d) During the last five years, none of the Reporting Persons have been
convicted in a criminal proceeding (excluding traffic violations or
similar misdemeanors).
(e) During the last five years, none of the Reporting Persons have
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 judgement, 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. Granovitz is a citizen of the United States of America.
Item 3. Source and Amount of Funds or Other Considerations
The aggregate purchase price of the 790,067 shares of Common Stock
beneficially owned by the Reporting Persons is approximately $235,718,
inclusive of brokerage commissions, which was funded by Mr. Granovitz"s
private funds. No part of the purchase price represents borrowed funds.
Item 4. Purpose of Transaction
The Reporting Persons acquired their shares of Common Stock for investment
purposes. The Reporting Persons purchased shares of Common Stock because
they believed that the shares may present significant opportunities for
realization of increased stockholder value.
The Reporting Persons plan to continuously evaluate, among other factors, the
financial condition, results of operations, business and prospects of the
Corporation, the securities markets in general and the market for the Common
Stock in particular, prevailing economic conditions and expected trends, all
with a view to determining whether to hold, decrease or increase their
investment in the Common Stock, through open market, privately negotiated or
any other transactions.
The Reporting Persons may from time to time engage in communications with
the Corporation's management team and Board of Directors (the "Board")
regarding means to enhance stockholder value. The Reporting Persons intend to
review their investment in the Corporation on an ongoing basis and may from
time to time in the future formulate plans or proposals regarding the
Corporation, its assets or its securities. Such possible plans or proposals may
include one or more plans or proposals that relate to or would result in any of
the matters set forth in subparagraphs (a) - (j) of Item 4 of Schedule 13D.
Depending on the foregoing factors, the Reporting Persons may, from time to
time, modify their present intention as stated in this Item 4.
Except as set forth herein, the Reporting Persons have no specific present
plans or proposals which would result in:
(a) the acquisition by any person of additional securities or the disposition
of securities of the Corporation;
(b) an extraordinary corporate transaction, such as a merger, reorganization or
liquidation, involving the Corporation or any of its subsidiaries;
(c) a sale or transfer of a material amount of assets of the Corporation or
any of its subsidiaries;
(d) any change in the present Board of Directors or management of the
Corporation, including any plans or proposals to change the number or term of
directors or to fill any existing vacancies on the Board;
(e) any material change in the present capitalization or dividend policy of the
Corporation;
(f) any other material change in the Corporation's business or corporate
structure;
(g) changes in the Corporation's charter, bylaws or instruments corresponding
thereto or other actions which may impede the acquisition of control of the
Corporation by any person;
(h) causing a class of securities of the Corporation to be delisted from
a national securities exchange or to cease to be authorized to be quoted
in an inter-dealer quotation system of a registered national securities
association;
(i) a class of equity securities of the Corporation becoming eligible for
termination of registration pursuant to Section 12(g)(4) of the Act; or
(j) any action similar to any of those enumerated above.
Item 5. Interest in Securities of the Issuer
(a) As of the date of this report, the Reporting Persons beneficially own
790,067 shares (the "Shares") of the Common Stock of the Company,
representing approximately 6.2% of the Company's issued and
outstanding shares. (Calculated based on information included in the
Form 10-Q for the period ended September 30, 2022, filed with the
SEC on November 14, 2022, which reported 12,805,663 shares of
common stock outstanding as of November 13, 2022).
(b) Mr. Granovitz is the sole trustee and beneficiary of EEDBP and AMG.
Accordingly, EEDBP, AMG and Mr. Granovitz may be deemed to hold
shared voting power and dispositive power with respect to the Shares
held.
(c) Except as set forth on Schedule 1 hereto, no transactions in the
Common Stock were effected during the past sixty days, by the
Reporting Persons, or, to the best of the knowledge of the Reporting
Persons, by any of the other persons named in response to Item 2, if
any.
(d) To the best knowledge of the Reporting Persons, no other person is
known to have the right to receive or the power to direct the receipt of
dividends from, or the procedes from the sale of, the Shares.
(e) Not Applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with
Respect to Securities of the Issuer
None of the Reporting Persons nor, to the best of their knowledge, any of the
other persons named in response to Item 2, if any, has any contract,
arrangement, understanding or relationship (legal or otherwise) with any person
with respect to any securities of the Company.
Item 7. Material to Be Filed as Exhibits
Not Applicable.
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: March 13,
2023
Aaron Granovitz
/s/ Aaron Granovitz
Signature
Aaron Granovitz
Name
Entertainment
Enterprises Defined
Benefit
/s/ Aaron Granovitz
Signature
Trustee
Title
AMG 401K Trust
/s/ Aaron Granovitz
Signature
Trustee
Title
SCHEDULE 1
Shares Acquired or Sold by the Reporting Persons in the Last 60 Days or
Since Their Recent Schedule 13D Filing:
1. Aaron Granovitz (1)
Trade Date
Nature of Transaction
(Sale/Purchase)
Number of Shares
Price Per Share (2)
01/27/2023
Purchase
3,500
$0.25
01/30/2023
Purchase
3,000
$0.25
02/3/2023
Purchase
12,300
$0.26
02/6/2023
Purchase
2,860
$0.2519 (3)
02/7/2023
Purchase
12,899
$0.2425 (4)
02/14/2023
Purchase
10,000
$0.2402
02/27/2023
Purchase
10,000
$0.27
03/3/2023
Purchase
2,500
$0.25
03/6/2023
Purchase
9,400
$0.25
03/8/2023
Purchase
74,600
$0.2413 (5)
(1) Not including any brokerage fees.
(2) For those purchases indicated with footnotes (3)-(5), the price per share
reported is a weighted average price. For those purchases without a
footnote, the price per share reported is the exact purchase price of all
shares acquired on such date. The Reporting Persons undertake to
provide to the Company, any security holder of the Company, or the
staff of the Securities and Exchange Commission, upon request, further
information regarding the number of shares purchased at each separate
price within the ranges set forth in footnotes (3)-(11) to this Schedule
13D.
(3) These shares were purchased at prices ranging from $0.2517-$0.2520.
(4) These shares were purchased at prices ranging from $0.2306-$0.2520.
(5) These shares were purchased at prices ranging from $0.22-$0.25.
2. Entertainment Enterprises Defined Benefit Plan
Trade Date
Nature of Transaction
(Sale/Purchase)
Number of Shares
Price Per Share
3. AMG 401K Trust
Trade Date
Nature of Transaction
(Sale/Purchase)
Number of Shares
Price Per Share
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