AMENDMENT #6 TO SCHEDULE 13G
 

 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 6)*
CADIZ INC.
(Name of Issuer)
Common Stock, $0.01 Par Value Per Share
(Title of Class of Securities)
127537207
(CUSIP Number)
December 31, 2007
(Date of Event which Requires Filing
of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
o Rule 13d-1(b)
þ Rule 13d-1(c)
o 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 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).
 
 

Page 1 of 8


 

                     
CUSIP No.
 
127537207 
  Page  
  of   

 

           
1   NAMES OF REPORTING PERSONS
Bedford Oak Partners, L.P. 06-1504646
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  5   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   804,546 (see Item 4)
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    804,546 (see Item 4)
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  804,546 (see Item 4)
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  6.76% (see Item 4)
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  PN

Page 2 of 8 Pages


 

                     
CUSIP No.
 
127537207 
  Page  
  of   

 

           
1   NAMES OF REPORTING PERSONS
Bedford Oak Advisors, LLC 13-4007124
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  5   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   991,046 (see Item 4)
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    991,046 (see Item 4)
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  991,046 (see Item 4)
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  8.33% (see Item 4)
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  00

Page 3 of 8 Pages


 

                     
CUSIP No.
 
127537207 
  Page  
  of   

 

           
1   NAMES OF REPORTING PERSONS
Harvey P. Eisen
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States
       
  5   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   991,046 (see Item 4)
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    991,046 (see Item 4)
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  991,046 (see Item 4)
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  8.33% (see Item 4)
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  IN
*SEE INSTRUCTION BEFORE FILLING OUT

Page 4 of 8 Pages


 

     
Item 1(a)
  Name of Issuer:
 
   
 
  Cadiz Inc. (“the Company”)
 
   
Item 1(b)
  Address of Issuer’s Principal Executive Offices:
 
   
 
  777 S. Figueroa Street, Suite 4250
 
  Los Angeles, California 90017
 
   
Items 2(a) and 2(b)
  Name of Person Filing and Business Office:
 
   
 
  This statement is filed by: (i) Bedford Oak Partners, LP (“BOP”), (ii) Bedford Oak Advisors, LLC (“BOA”) and (iii) Harvey P. Eisen, in his capacity as managing member of BOA. The principal business address of each reporting person is 100 South Bedford Road, Mt. Kisco, New York 10549.
 
   
 
  Capital, the Investment Manager and Harvey P. Eisen have entered into a Joint Filing Agreement, a copy of which is filed with this Schedule 13G as Exhibit 99.1, pursuant to which they have agreed to file this Schedule 13G jointly in accordance with the provisions of Rule 13d-1(k) of the Securities Exchange Act of 1934, as amended.
 
   
Item 2(c)
  Citizenship:
 
  BOP is a Delaware limited partnership.
 
  BOA is a Delaware limited liability company.
 
  Mr. Eisen is a United States citizen.
 
   
Item 2(d)
  Title of Class of Securities:
 
  Common Stock, par value $0.01 per share (“Common Stock”)
 
   
Item 2(e)
  CUSIP Number:
 
  127537207 
 
   
Item 3
  Not Applicable
 
   
Item 4
  Ownership:
 
   
 
  The percentages used herein are calculated based upon 11,903,611 shares of Common Stock issued and outstanding as of November 1, 2007, as disclosed by the Company in its quarterly report filed on Form 10-Q for the period ending September 30, 2007.

Page 5 of 8 Pages


 

     
 
  As of the close of business on December 31, 2007:
 
   
 
  1. Bedford Oak Partners, LP
 
  (a) Amount beneficially owned: -804,546-
 
  (b) Percent of class: 6.76%
 
  (c)(i) Sole power to vote or direct the vote: -0-
 
  (ii) Shared power to vote or direct the vote: -804,546-
 
  (iii) Sole power to dispose or direct the disposition: -0-
 
  (iv) Shared power to dispose or direct the disposition: -804,546-
 
   
 
  2. Bedford Oak Advisors, LLC
 
  (a) Amount beneficially owned: -991,046-
 
  (b) Percent of class: 8.33%
 
  (c)(i) Sole power to vote or direct the vote: -0-
 
  (ii) Shared power to vote or direct the vote: -991,046-
 
  (iii) Sole power to dispose or direct the disposition: -0-
 
  (iv) Shared power to dispose or direct the disposition: -991,046-
 
   
 
  3. Harvey P. Eisen
 
  (a) Amount beneficially owned: -991,046-
 
  (b) Percent of class: 8.33%
 
  (c)(i) Sole power to vote or direct the vote: -0-
 
  (ii) Shared power to vote or direct the vote: -991,046-
 
  (iii) Sole power to dispose or direct the disposition: -0-
 
  (iv) Shared power to dispose or direct the disposition: -991,046-
 
   
 
  BOA controls 991,046 shares of Common Stock in its capacity as the investment manager of BOP, which owns 804,546 shares of Common Stock. Harvey P. Eisen controls 991,046 shares of Common Stock in his capacity as the managing member of BOA.
 
   
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

Page 6 of 8 Pages


 

     
Item 9
  Notice of Dissolution of Group:
 
   
 
  Not Applicable
 
   
Item 10
  Certification:
     By signing below the signatory certifies that, to the best of his 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.

Page 7 of 8 Pages


 

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: February 14, 2008    
 
       
BEDFORD OAK PARTNERS, L.P.    
By:
  Bedford Oak Management, LLC, its General Partner    
 
       
By:
  /s/ Harvey P. Eisen    
 
       
Name:
  Harvey P. Eisen    
Title:
  Chairman and Managing Member    
 
       
BEDFORD OAK ADVISORS, LLC    
 
       
By:
  /s/ Harvey P. Eisen    
 
       
Name:
  Harvey P. Eisen    
Title:
  Chairman and Managing Member    
 
       
HARVEY P. EISEN    
 
       
/s/ Harvey P. Eisen    
     

Page 8 of 8 Pages


 

EXHIBIT INDEX
Exhibit 99.1:   Joint Filing Agreement, dated February 14, 2008, by and among Bedford Oak Partners, L.P., Bedford Oak Advisors, LLC and Harvey P. Eisen.