Securities and Exchange Commission, Washington, D.C. 20549
Schedule 13D
Amendment No. 1
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)
December 17, 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 7 Pages
(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 0
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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 by each 609,071
reporting person
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(12) Check if the aggregate amount in Row (11) excludes X
certain shares (see instructions)
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(13) Percent of class represented by amount in Row (11) 5.3%
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(14) Type of reporting person (see instructions) PN
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CUSIP No. 204512107 Page 3 of 7 Pages
(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)
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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 0
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(8) Shared voting power 60,000
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(9) Sole dispositive power 0
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(10) Shared dispositive power 60,000
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(11) Aggregate amount beneficially owned by each 60,000
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 0.5%
Row (11)
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(14) Type of reporting person (see instructions) PN
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CUSIP No. 204512107 Page 4 of 7 Pages
Lisl Brennan Family
(1) Names of reporting persons: 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 0
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(8) Shared voting power 10,750
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(9) Sole dispositive power 0
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(10) Shared dispositive power 10,750
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(11) Aggregate amount beneficially owned by each 10,750
reporting person
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(12) Check if the aggregate amount in Row (11) excludes X
certain shares (see instructions)
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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 7 Pages
(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)
- --------------------------------------------------------- ---------------------
(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 690,565
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(8) Shared voting power 678,821
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(9) Sole dispositive power 690,565
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(10) Shared dispositive power 678,821
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(11) Aggregate amount beneficially owned by each 1,369,386
reporting person
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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 in Row (11) 9.9% Common
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(14) Type of reporting person (see instructions) IN
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CUSIP No.204512107 Page 6 of 7 Pages
The following constitutes Amendment No. 1 ("Amendment No. 1") to the Schedule
13D filed by the undersigned. This Amendment No. 1 amends the Schedule 13D as
specifically set forth.
Item 5 is amended in its entirety to read as follows:
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.
December 17, 2010 Peter Brennan purchased 532,605 shares directly from
Crisnic Fund S.A. at a purchase price of $0.95 per share.
CUSIP No.204512107 Page 7 of 7 Pages
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 December 17, 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