UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS PURSUANT TO RULES 13d-1(b), (c)
AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2 UNDER THE
SECURITIES EXCHANGE ACT OF 1934
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Alpha Security Group Corporation
(Name of Issuer)
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Common Stock, $0.0001 Par Value
(Title of Class of Securities)
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02078A100
(CUSIP Number)
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December 10, 2008
(Date of Event Which Requires Filing of this Statement)
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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 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).
Schedule 13G
CUSIP No. 02078A100 PAGE 2 OF 6
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(1) NAME OF REPORTING PERSON, S.S. OR I.R.S. IDENTIFICATION NO. OF
ABOVE PERSON
Wolverine Convertible Arbitrage Fund, Ltd
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) []
(b) [X]
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
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NUMBER OF (5) SOLE VOTING POWER
316,115 shares of Common Stock
SHARES --------------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
-0-
OWNED BY --------------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
316,115 shares of Common Stock
REPORTING --------------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
-0-
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
316,115 shares of Common Stock
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(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES[ ]
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(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
4.17%
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(12) TYPE OF REPORTING PERSON
OO
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Schedule 13G
CUSIP No. 02078A100 PAGE 3 OF 6
ITEM 1(a). NAME OF ISSUER:
Alpha Security Group Corporation
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
328 West 77th Street
New York, New York 10024
ITEMS 2(a), 2(b), 2(c). NAME OF PERSON FILING, ADDRESS OR PRINCIPAL
BUSINESS OFFICE or, if none, RESIDENCE, AND CITIZENSHIP:
Wolverine Convertible Arbitrage Fund, Ltd.
175 W. Jackson, Suite 200
Chicago, IL 60604
Cayman Islands Corporation
ITEM 2(d). TITLE OF CLASS OF SECURITIES:
Common Stock, $0.0001 Par Value (the "Shares")
ITEM 2(e). CUSIP NUMBER:
02078A100
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO 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 of 1940;
(e) [ ] Investment Adviser registered under Section 203 of the
Investment Advisers Act of 1940:
see Rule 13d-1(b)(1)(ii)(E);
(f) [ ] Employee Benefit Plan, Pension Fund which is subject
to the provisions of the Employee Retirement Income
Security Act of 1974 or Endowment Fund;
see Rule 13d-1(b)(1)(ii)(F);
(g) [ ] Parent Holding Company, in accordance with
Rule 13d-1(b)(ii)(G);
(h) [ ] Savings Associations as defined in Section 3(b) of
the Federal Deposit Insurance Act;
(i) [ ] 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) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
Schedule 13G
CUSIP No. 02078A100 PAGE 4 OF 6
IF THIS STATEMENT IS FILED PURSUANT TO Rule 13d-1(c), CHECK THIS BOX. [X]
ITEM 4. OWNERSHIP.
Provide the following information regarding the aggregate number and percentage
of the class of securities of the issuer identified in Item 1.
See Items 5 through 9 and Item 11 on page 2.
(a) Amount beneficially owned:
316,115 shares of Common Stock
(b) Percent of class:
4.17% (all percentages herein are based on 7,580,000
Shares reported to be outstanding as of November 18,
2008 as reflected in the Form 10-Q filed by the
Company on November 19, 2008.)
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
316,115 shares of Common Stock
(ii) shared power to vote or to direct the vote:
- 0 -
(iii) sole power to dispose or to direct the
disposition of:
316,115 shares of Common Stock
(iv) shared power to dispose or to direct the
disposition of:
- 0 -
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 5 percent of the class of securities,
check the following [X].
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.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not applicable.
Schedule 13G
CUSIP No. 02078A100 PAGE 5 OF 6
ITEM 10. CERTIFICATION (if filing pursuant to Rule 13d-1(c))
Each of the Reporting Persons hereby makes the following certification:
By signing below each Reporting Person certifies that, to the best of its
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 not held in
connection with or as a participant in any transaction having that purpose or
effect.
SIGNATURES
After reasonable inquiry and to the best of our knowledge and belief, the
undersigned certify that the information set forth in this statement is true,
complete and correct.
DATED: December 12, 2008 Wolverine Convertible Arbitrage Fund, Ltd.
By: /s/ James V. Harkness
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Name: James V. Harkness
Title: Chief Operating Officer