SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1 (b) (c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2 (b)
Grant Ventures, Inc.
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(Name of Issuer)
Common Stock, $.001 par value
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(Title of Class of Securities)
38822R-20-5
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(CUSIP Number)
July 30, 2004
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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
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CUSIP No. 38822R-20-5 13G
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(1) NAMES OR REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
David Fuchs
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(2) CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
(a) [X]
(b) [ ]
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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(5) SOLE VOTING POWER
0
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(6) SHARED VOTING POWER
NUMBER OF SHARES
BENEFICIALLY OWNED 3,437,535
BY EACH REPORTING ---------------------------------------------------------
PERSON WITH (7) SOLE DISPOSITIVE POWER
0
---------------------------------------------------------
(8) SHARED DISPOSITIVE POWER
3,437,535
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,437,535
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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)
6.2%
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(12) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
*
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CUSIP No. 38822R-20-5 13G
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(1) NAMES OR REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Michael Crow
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(2) CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
(a) [X]
(b) [ ]
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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(5) SOLE VOTING POWER
0
---------------------------------------------------------
(6) SHARED VOTING POWER
NUMBER OF SHARES
BENEFICIALLY OWNED 5,766,976
BY EACH REPORTING ---------------------------------------------------------
PERSON WITH (7) SOLE DISPOSITIVE POWER
0
---------------------------------------------------------
(8) SHARED DISPOSITIVE POWER
5,766,976
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,766,976
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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)
10.4%
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(12) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
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CUSIP No. 38822R-20-5 13G
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(1) NAMES OR REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Duncan Capital LLC
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(2) CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
(a) [X]
(b) [ ]
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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(5) SOLE VOTING POWER
0
---------------------------------------------------------
(6) SHARED VOTING POWER
NUMBER OF SHARES
BENEFICIALLY OWNED 340,559
BY EACH REPORTING ---------------------------------------------------------
PERSON WITH (7) SOLE DISPOSITIVE POWER
0
---------------------------------------------------------
(8) SHARED DISPOSITIVE POWER
340,559
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
340,559
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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)
0.6%
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(12) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO
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CUSIP No. 38822R-20-5 13G
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(1) NAMES OR REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
B&P Management LLC
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(2) CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
(a) [X]
(b) [ ]
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
New York
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(5) SOLE VOTING POWER
0
---------------------------------------------------------
(6) SHARED VOTING POWER
NUMBER OF SHARES
BENEFICIALLY OWNED 3,096,876
BY EACH REPORTING ---------------------------------------------------------
PERSON WITH (7) SOLE DISPOSITIVE POWER
0
---------------------------------------------------------
(8) SHARED DISPOSITIVE POWER
3,096,876
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,096,876
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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)
5.6%
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(12) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO
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CUSIP No. 38822R-20-5 13G
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(1) NAMES OR REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Duncan Capital Group LLC
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(2) CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
(a) [X]
(b) [ ]
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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(5) SOLE VOTING POWER
0
---------------------------------------------------------
(6) SHARED VOTING POWER
NUMBER OF SHARES
BENEFICIALLY OWNED 2,670,000
BY EACH REPORTING ---------------------------------------------------------
PERSON WITH (7) SOLE DISPOSITIVE POWER
0
---------------------------------------------------------
(8) SHARED DISPOSITIVE POWER
2,670,000
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,670,000
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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)
4.8%
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(12) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO
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ITEM 1.
(a) Name of Issuer.
Grant Ventures Inc.
(b) Address of Issuer's Principal Executive Offices.
56 West 400 South, Suite #220
Salt Lake City, Utah 84101
ITEM 2.
(a) Name of Person Filing.
This Schedule 13G is being filed with respect to shares of Common
Stock of the Issuer which are beneficially owned by David Fuchs,
Michael Crow, Duncan Capital LLC ("Duncan Capital"), B&P Management,
LLC ("B&P") and Duncan Capital Group LLC ("DC Group") (collectively,
the "Reporting Persons").
The Reporting Persons are making a joint filing because they may be
deemed a group pursuant to Section 13 of the Securities Exchange Act
of 1934. The Reporting Persons do not affirm the existence of such a
group.
(b) Address of Principal Business Office or, if none, Residence.
The principal business address of each of the Reporting Persons is:
830 Third Avenue
New York, NY 10022
(c) Citizenship.
Each of Mr. Fuchs and Mr. Crow is a United States citizen.
Each of Duncan Capital and DC Group is organized and existing in
Delaware.
B&P is organized and existing in New York.
(d) Title of Class of Securities.
Common Stock, $0.001 par value per share
(e) CUSIP Number.
38822R-20-5
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B) OR 13D-2(B) OR (C),
CHECK WHETHER THE PERSON FILING IS A:
(a) [ ] Broker or dealer registered under Section 15 of the Act.
(b) [ ] Bank as defined in Section 3(a)(6) of the Act.
(c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act.
(d) [ ] Investment Company registered under Section 8 of the
Investment Company Act.
(e) [ ] Investment Adviser in accordance with Sec.
240.13d-1(b)(1)(ii)(E).
(f) [ ] Employee Benefit Plan or Endowment Fund in accordance with
Sec. 240.13d-1(b)(1)(ii)(F).
(g) [ ] Parent holding company, in accordance with Sec.
240.13d-1(b)(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 3(c)(14) of the Investment
Company Act of 1940.
(j) [X] Group, in accordance with Sec. 240.13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to Sec. 240.13d-1(c), check
this box [x].
ITEM 4. OWNERSHIP
(a) Amount Beneficially Owned.
Mr. Fuchs: 3,437,535 (comprised of 340,559 shares underlying
warrants held by Duncan Capital, of which Mr. Fuchs is a member and
2,992,480 shares and 104,496 shares underlying warrants held by
B&P, of which Mr. Fuchs is a manager).
Mr. Crow: 5,766,976 (comprised of 2,670,000 shares held by DC
Group, of which Mr. Crow is a manager and 2,992,480 shares and
104,496 shares underlying warrants held by B&P, of which Mr. Crow
is a manager).
Duncan Capital: 340,559 (comprised of shares underlying warrants
held by Duncan Capital).
B&P: 3,096,976 (comprised of 2,992,480 shares and 104,496 shares
underlying warrants held by B&P).
DC Group: 2,670,000 (comprised of 2,670,000 shares held by DC
Group).
(b) Percent of Class. Mr. Fuchs: 6.2%
Mr. Crow: 10.4%
Duncan Capital: Less than 1%
B&P: 5.6%
DC Group: 4.8%
(c) Number of shares as to which each such person has
(i) sole power to vote or to direct the vote: Mr. Fuchs: 0
Mr. Crow: 0
Duncan Capital: 0
B&P: 0
DC Group: 0
(ii) shared power to vote or to direct
the vote: Mr. Fuchs: 3,437,535
Mr. Crow: 5,766,976
Duncan Capital: 340,559
B&P: 3,096,976
DC Group: 2,670,000
(iii) sole power to dispose or to direct the
disposition of: Mr. Fuchs: 0
Mr. Crow: 0
Duncan Capital: 0
B&P: 0
DC Group: 0
(iii) shared power to dispose or to direct the
disposition of: Mr. Fuchs: 3,437,535
Mr. Crow: 5,766,976
Duncan Capital: 340,559
B&P: 3,096,976
DC Group: 2,670,000
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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 five percent of the class of securities, check the following
[ ]
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.
See Item 4(a) above, which is incorporated by reference herein.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
The Reporting Persons may be deemed to constitute a group with one
another.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not applicable.
ITEM 10. CERTIFICATIONS.
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.
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.
Date: August 9, 2004
/s/ David Fuchs
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David Fuchs
/s/ Michael Crow
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Michael Crow
DUNCAN CAPITAL LLC
By: /s/ David Fuchs
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Name: David Fuchs
Title: Member
B&P MANAGEMENT LLC
By: /s/ David Fuchs
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Name: David Fuchs
Title: Manager
DUNCAN CAPITAL GROUP LLC
By: /s/ Michael Crow
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Name: Michael Crow
Title: Manager
Attention: Intentional misstatements or omissions of fact constitute
Federal criminal violations (see 18 U.S.C. 1001).
EXHIBIT A
AGREEMENT
JOINT FILING OF SCHEDULE 13G
The undersigned hereby agree jointly to prepare and file with regulatory
authorities a Schedule 13G and any amendments thereto reporting each of the
undersigned's ownership of securities of Grant Ventures, Inc. and hereby affirm
that such Schedule 13G is being filed on behalf of each of the undersigned.
Date: August 9, 2004
/s/ David Fuchs
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David Fuchs
/s/ Michael Crow
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Michael Crow
DUNCAN CAPITAL LLC
By: /s/ David Fuchs
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Name: David Fuchs
Title: Member
B&P MANAGEMENT LLC
By: /s/ David Fuchs
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Name: David Fuchs
Title: Manager
DUNCAN CAPITAL GROUP LLC
By: /s/ Michael Crow
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Name: Michael Crow
Title: Manager