Securities and Exchange Commission, Washington, D.C. 20549
Schedule 13D
Under the Securities Exchange Act of 1934
Competitive Technologies, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
204 512 107
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(CUSIP Number)
Peter Brennan,237 Park Avenue, Suite 900, New York, NY 10017
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(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
September 21, 2010
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(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 Sec.Sec.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check
the following box. [ ]
*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).
CUSIP No.204512107 Page 2 of 8 Pages
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(1) Names of reporting persons: Damel Diversified LP
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(2) Check the appropriate box if a
member of a group (a) X
(see instructions) (b)
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(3) SEC use only
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(4) Source of funds (see instructions) WC
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(5) Check if disclosure of legal proceedings
is required pursuant to Items 2(d) or 2(e)
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(6) Citizenship or place of organization Delaware
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Number of shares beneficially owned by
each reporting person with:
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(7) Sole voting power
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(8) Shared voting power 609,071
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(9) Sole dispositive power 0
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(10) Shared dispositive power 609,071
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(11) Aggregate amount beneficially owned 609,071
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by each reporting person
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(12) Check if the aggregate amount in Row
(11) excludes certain shares (see
instructions) X
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(13) Percent of class represented by amount 5.3%
in Row (11)
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(14) Type of reporting person
(see instructions) PN
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CUSIP No. 204512107 Page 3 of 8 Pages
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(1) Names of reporting persons: Damel Partners LP
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(2) Check the appropriate box if a
member of a group (a) X
(see instructions) (b)
- ----------------------------------------------- -------------------------------
(3) SEC use only
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(4) Source of funds (see instructions) WC
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(5) Check if disclosure of legal proceedings
is required pursuant to Items 2(d) or 2(e)
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(6) Citizenship or place of organization Delaware
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Number of shares beneficially owned by
each reporting person with:
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(7) Sole voting power
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(8) Shared voting power 60,000
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(9) Sole dispositive power
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(10) Shared dispositive power 60,000
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(11) Aggregate amount beneficially owned 60,000
by each reporting person
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(12) Check if the aggregate amount in Row
(11) excludes certain shares
(see instructions) X
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(13) Percent of class represented by amount 0.5%
in Row (11)
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(14) Type of reporting person
(see instructions) PN
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CUSIP No. 204512107 Page 4 of 8 Pages
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(1) Names of reporting persons: Lisl Brennan Family Trust 2005
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(2) Check the appropriate box if a member
of a group (a) X
(see instructions) (b)
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(3) SEC use only
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(4) Source of funds (see instructions) PF
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(5) Check if disclosure of legal proceedings
is required pursuant to Items 2(d) or 2(e)
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(6) Citizenship or place of organization United States
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Number of shares beneficially owned by
each reporting person with:
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(7) Sole voting power
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(8) Shared voting power 10,750
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(9) Sole dispositive power
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(10) Shared dispositive power 10,750
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(11) Aggregate amount beneficially owned 10,750
by each reporting person
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(12) Check if the aggregate amount in Row
(11) excludes certain shares
(see instructions) X
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(13) Percent of class represented by amount
in Row (11) 0.1%
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(14) Type of reporting person
(see instructions) 00
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CUSIP No. 204512107 Page 5 of 8 Pages
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(1) Names of reporting persons: Peter Brennan
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(2) Check the appropriate box if a member
of a group (a) X
(see instructions) (b)
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(3) SEC use only
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(4) Source of funds (see instructions) PF
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(5) Check if disclosure of legal proceedings
is required pursuant to Items 2(d) or 2(e)
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(6) Citizenship or place of organization United States
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Number of shares beneficially owned by
each reporting person with:
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(7) Sole voting power 157,960
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(8) Shared voting power 678,821
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(9) Sole dispositive power 157,960
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(10) Shared dispositive power 678,821
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(11) Aggregate amount beneficially owned
by each reporting person 836,781
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(12) Check if the aggregate amount in Row
(11) excludes certain shares
(see instructions)
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(13) Percent of class represented by amount 7.2% Common
in Row (11)
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(14) Type of reporting person
(see instructions) IN
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CUSIP No.204512107 Page 6 of8 Pages
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Item 1. Security and Issuer.
This Schedule 13D relates to the acquisition of shares of Common Stock (the
"Shares") of Competitive Technologies, Inc., whose principal executive offices
are located at:
777 Commerce Drive
Fairfield, CT 06825
Item 2. Identity and Background.
Damel Diversified LP is a limited partnership established in Delaware whose
business address is 237 Park Avenue, Suite 900, New York, NY 10017. Peter
Brennan is the general partner. Damel Partners LP is a limited partnership
established in Delaware whose business address is 237 Park Avenue, Suite 900,
New York, NY 10017. Peter Brennan is the general partner. Lisl Brennan Family
Trust 2005 is an irrevocable trust established in the United States whose
business address is 237 Park Avenue, Suite 900, New York, NY 10017. Peter
Brennan is its trustee. Peter Brennan is an individual and a United States
citizen whose business address is 237 Park Avenue, Suite 900, New York, NY
10017. His principal occupation is as an investor. During the last five years,
none of Damel Diversified LP, Damel Partners LP, Lisl Brennan Family Trust 2005,
Peter Brennan or any of their affiliates have been convicted in any criminal
proceeding (excluding traffic violations or similar misdemeanors), and have not
been a party to any civil proceeding of a judicial or administrative body of
competent jurisdiction that resulted in a judgment, decree or final order
enjoining future violations of, or prohibiting or mandating activities subject
to, federal or state securities laws, or that found any violation with respect
to such laws.
Item 3. Source and Amount of Funds or Other Consideration.
The Reporting Persons acquired the Shares in consideration for cash paid
out of the working capital or personal funds.
Item 4. Purpose of Transaction.
The Reporting Persons acquired the Shares for investment purposes. The
Reporting Persons do not have any present plan or proposal as a stockholder
which relates to, or would result in any action with respect to, the matters
listed in paragraphs (b) through (j) of Item 4 of Schedule 13D. In the future,
the Reporting Persons may decide to acquire additional shares of
CUSIP No.204512107 Page 7 of8 Pages
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Common Stock in the open market or through a private transaction, or to sell any
or all shares of Common Stock.
Item 5. Interest in Securities of the Issuer.
The Reporting Person beneficially owns the amount and type of shares first
reported in Part II of the Cover Page hereto, hereby incorporated by this
reference into this Item 5. The Reporting person has sole voting and
disposition rights to all shares reported. During the past sixty days, the
following transactions in the class of securities reported were effectuated by
the Reporting Persons:
August 17, 2010 Damel Diversified LP purchased 100,000 shares directly from
Crisnic Fund S.A. at a purchase price of $2.04 per share.
August 19, 2010 Lisl Brennan Family Trust 2005 purchased 10,750 shares at a
purchase price of $1.4491 per share (open market transaction).
September 13, 2010 Damel Diversified LP purchased 355,556 shares directly from
Crisnic Fund S.A. at a purchase price of $0.90 per share.
Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to
Securities of the Issuer.
None.
Item 7. Material to be Filed as Exhibits.
None.
CUSIP No.204512107 Page 8 of8 Pages
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SIGNATURES
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 September 21, 2010
\s\Peter Brennan
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Peter Brennan
LISL BRENNAN FAMILY TRUST 2005
By: \s\Peter Brennan
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Peter Brennan, Trustee
DAMEL DIVERSIFIED LP
By: \s\Peter Brennan
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Peter Brennan, General Partner
DAMEL PARTNERS LP
By: \s\Peter Brennan
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Peter Brennan, General Partner