OMB APPROVAL
--------------------
OMB Number...3235-0145
Expires:.August 31, 1999
Estimated average burden
hours per response 14.90
------------------------
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G
Under The Securities Exchange Act of 1934
(AMENDMENT NO. 1)*
American Electric Technologies, Inc.
-------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
-------------------------------------------------------------------------------
(Title of Class of Securities)
025576109
-------------------------------------------------------------------------------
(CUSIP Number)
December 31, 2013
-------------------------------------------------------------------------------
(Date of Event which requires filing of this statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
\x\ 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 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).
Page 1 of 6 Pages
CUSIP No. 025576109 13G Page 2 of 6 Pages
------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO OF ABOVE PERSON
Invicta Capital Management, LLC
33-1206133
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
645,410
NUMBER OF --------------------------------------------------
SHARES BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH -
REPORTING --------------------------------------------------
PERSON WITH 7 SOLE DISPOSITIVE POWER
645,410
--------------------------------------------------
8 SHARED DISPOSITIVE POWER
-
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
645,410
--------------------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
-
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
8.1%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IA
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
CUSIP No. 025576109 13G Page 3 of 6 Pages
-------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO OF ABOVE PERSON
Gregory A. Weaver
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(c) / /
(d) / /
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF -
SHARES BENEFICIALLY -------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 645,410 - (See Schedule Item 4
PERSON WITH incorporated by reference)
-------------------------------------------------------
7 SOLE DISPOSITIVE POWER
-
-------------------------------------------------------
8 SHARED DISPOSITIVE POWER
645,410 - (See Schedule Item 4
incorporated by reference)
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
645,410 - (See Schedule Item 4
incorporated by reference)
--------------------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
-
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
8.1%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
CUSIP NO. 025576109 SCHEDULE 13G Page 4 of 6 Pages
ITEM 1 (a). NAME OF ISSUER:
American Electric Technologies, Inc.
ITEM 1 (b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
6410 Long Drive
Houston, TX 77087
ITEM 2 (c). NAME OF PERSON FILING:
Invicta Capital Management, LLC ("ICM"),
Gregory A. Weaver, Gregory A. Weaver is the controlling member
of ICM.
ITEM 2 (b). ADDRESS OR PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
The address of the principal business office of each reporting
person is: 60 East 42nd St, New York, NY 10165.
ITEM 2 (c). CITIZENSHIP:
Invicta Capital Management, LLC New York
Gregory A Weaver, United States
ITEM 2 (d). TITLE OF CLASS OF SECURITIES:
Common Stock
ITEM 2 (e). CUSIP NUMBER:
025576109
ITEM 3 (e) THE PERSONS FILING THIS SCHEDULE, PURSUANT TO
PARAGRAPH 240.13d-1(b) ARE A:
(X) Parent Holding Company or control person in accordance with
Rule 13d-a(b)(1)(ii)(G);
ITEM 4. OWNERSHIP:
The following percentage interest calculations for each of
the Reporting Persons are based on the Issuer having
8,004,932 shares of common stock outstanding as of
November 5, 2013, as reported in the Issuer Form 10-Q filed
with the Securities and Exchange Commission on November 14, 2013.
ICM owns beneficially 645,410 shares of the Issuer common
stock, which constitutes approximately 8.1% of the
outstanding shares of such stock. ICM and Mr. Weaver share
the power to vote or to direct the vote and to dispose or
to direct the disposition of such shares Gregory A. Weaver
because of his position as the control person of ICM,
may be deemed to be beneficial owner of the 645,410 Shares in
that he might be deemed to share the power to direct the voting
or disposition of the securities.
CUSIP NO. 025576109 SCHEDULE 13G Page 5 of 6 Pages
ITEM 5. OWNERSHIP OF MORE THAN FIVE PERCENT OR LESS OF A CLASS:
If this statement is being filed to report the fact that as of
the date here of the reporting person has ceased to be the
beneficial owner of more than five percent of the class of
securities, check the following / /.
Not applicable.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:
The shares reported are held in institutional accounts for the
economic benefit of the beneficiaries of those accounts.
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.
ITEM 10. CERTIFICATION:
BY SIGNING BELOW I CERTIFY THAT, TO THE BEST OF MY KNOWLEDGE
AND BELIEF, THE SECURITIES REFERRED TO ABOVE WERE ACQUIRED AND
ARE HELD IN THE ORDINARY COURSE OF BUSINESS AND 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
SUCH THE SECURITIES AND WERE NOT ACQUIRED AND ARE NOT HELD IN
CONNECTION WITH OR AS A PARTICIPANT IN ANY TRANSACTION HAVING
SUCH PURPOSES 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.
Invicta Capital Management LLC
February 14, 2014 /s/ Gregory A. Weaver
--------------------------- By: --------------------------------------
DATED Gregory A. Weaver
President
/s/ Gregory A. Weaver
By: --------------------------------------
Gregory A. Weaver
CUSIP NO. 025576109 SCHEDULE 13G Page 6 of 6 Pages
EXHIBIT 1
AGREEMENT AS TO JOINT FILING OF SCHEDULE 13G
This agreement is made pursuant to Rule 13d-1(f)(1) under the Securities and
Exchange Act of 1934, as amended (the "Act"), by and among the parties listed
below, each referred to herein as "Joint Filer". The Joint Filers agree that a
statement of beneficial ownership as required by Section 13(d) of the Act and
the Rules thereunder may be filed on each of their behalf on Schedule 13G and
that said joint filing may thereafter be amended by further joint filings. The
Joint Filers state that they each satisfy the requirements for making a joint
filing under rule 13d-1.
Invicta Capital Management LLC
February 14, 2014 /s/ Gregory A. Weaver
--------------------------- By: --------------------------------------
DATED Gregory A. Weaver
President
/s/ Gregory A. Weaver
By: --------------------------------------
Gregory A. Weaver