UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. )
MAGELLAN PETROLEUM CORPORATION
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(Name of Issuer)
Common STOCK, $0.01 PAR VALUE
-----------------------------
(Title of Class of Securities)
559091301
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(CUSIP Number)
JULY 15, 2014
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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:
[x] Rule 13d-1(b)
[ ] 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 4 PAGES
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Hammer Wealth Group Inc. 45-4717240
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_]
(b) [_]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware - U.S.A.
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5 SOLE VOTING POWER
4,513,516
NUMBER OF -----------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH -----------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 4,513,516
-----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,513,516 shares*
* (not to be construed as an admission of beneficial ownership
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
N/A
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.8%
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12 TYPE OF REPORTING PERSON*
IA
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PAGE 2 OF 4 PAGES
Item 1(a) Name of Issuer:
Magellan Petroleum Corporation
Item 1(b) Address of Issuer's Principal Executive Offices:
1775 Sherman Street, Suite 1950
Denver, CO 80203
Item 2(a) Name of Person Filing:
Hammer Wealth Group Inc.
Item 2(b) Address of the Principal Office or, if none, Residence:
68 So. Service Road, Suite 100
Melville, NY 11747
United States
Item 2(c) Citizenship:
Delaware - U.S.A.
Item 2(d) Title of Class of Securities:
Common Stock, $0/01 par value
Item 2(e) CUSIP Number:
559091301
Item 3 If the Statement is being filed pursuant to Rule
13d-1(b), or 13d-2(b), check whether the person filing
is a:
(e) [X] An investment advisor in accordance with
section 240.13d-1(b)(1)(ii)(E)
Item 4 Ownership:
(a) Amount Beneficially Owned:
4,513,516 shares of common stock acquired on behalf
of client discretionary investment
advisory accounts
(b) Percent of Class:
9.8%
(c) Number of shares as to which such person has:
(i) sole power to vote or direct the vote:
4,513,516 shares
(ii) shared power to vote or direct the vote:
0 shares
(iii) sole power to dispose or to direct the
disposition of:
4,513,516 shares
(iv) shared power to dispose or to direct the
disposition of:
0 shares
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. [ ]
Instruction: Dissolution of a group requires a response to this item.
PAGE 3 OF 4 PAGES
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 a 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 securities and
were not acquired in connection with or as a participant in any
transaction having such purpose or effect.
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: February 5, 2015
Hammer Wealth Group Inc.
By: /s/ William Hammer, Sr.
--------------------------------
William Hammer
Title: Chairman
PAGE 4 OF 4 PAGES