CUSIP No 595125105 Page 2 of 8 Pages
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1. Name of reporting person
S.S. or I.R.S. identification no. of above person
Babson Capital Management LLC
51-0504477
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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
Delaware
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5. Sole Voting Power
166,600
Number of -----------------------------
shares 6. Shared Voting Power
beneficially
owned by 0
each -----------------------------
Reporting 7. Sole Dispositive Power
person
with 166,600
-----------------------------
8. Shared Dispositive Power
0
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9. Aggregate amount beneficially owned by each reporting person
166,600
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10. Check if the aggregate amount in row (9) excludes certain shares*
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11. Percent of class represented by amount in row 9
3.66%
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12. Type of Reporting person
IA
CUSIP No 595125105 Page 3 of 8 Pages
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1. Name of reporting person
S.S. or I.R.S. identification no. of above person
Cobbs Wharf Master Fund, L.P.
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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
Delaware
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5. Sole Voting Power
0
Number of -----------------------------
shares 6. Shared Voting Power
beneficially
owned by 0
each -----------------------------
Reporting 7. Sole Dispositive Power
person
with 0
-----------------------------
8. Shared Dispositive Power
0
---------------------------------------------------------------
9. Aggregate amount beneficially owned by each reporting person
0
---------------------------------------------------------------
10. Check if the aggregate amount in row (9) excludes certain shares*
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11. Percent of class represented by amount in row 9
0%
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12. Type of Reporting person
PN
CUSIP No 595125105 Page 4 of 8 Pages
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SCHEDULE 13G
ITEM 1(A): NAME OF ISSUER:
Micronetics, Inc.
1(B): ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
26 HAMPSHIRE DRIVE
HUDSON NH 03051
ITEM 2(A): NAME OF PERSON FILING:
(i) Babson Capital Management LLC (Babson) as investment adviser.
(ii) Cobbs Wharf Master Fund, L.P. (Cobbs Wharf)
ITEM 2(B): ADDRESS OF PRINCIPAL BUSINESS OFFICE:
Babson Capital Management LLC
470 Atlantic Avenue
Boston, MA 02210-2208
Cobbs Wharf Master Fund, L.P.
470 Atlantic Avenue
Boston, MA 02210-2208
ITEM 2(C): CITIZENSHIP:
See Cover Page
ITEM 2(D): TITLE OF CLASS OF SECURITIES:
See Cover Page
ITEM 2(E): CUSIP NUMBER:
See Cover Page
ITEM 3: TYPE OF REPORTING PERSON:
If this statement is filed pursuant to Sections 240.13d-1 (b)
or 240.13d-2 (b) or (c), check whether the filing person is a:
(e) [x] An investment adviser in accordance with
Section 240.13d-1 (b) (1) (ii) (E)
ITEM 4: OWNERSHIP:
(a)AMOUNT BENEFICIALLY OWNED: Babson Capital Management LLC
(Babson Capital) in its capacity as investment adviser, may be deemed
the beneficial owner of 166,600 shares of common stock of the Issuer
which are owned by investment advisory client(s). This constitutes
3.66% of the shares outstanding based on 4,553,630 shares of common
stock outstanding as reported in the Issuer's Form 8-K report for the
period ending December 26, 2009.
Cobbs Wharf Master Fund, L.P. no longer beneficially owns shares.
Cobbs Wharf Master Fund, L.P., a Cayman Islands limited partnership
to which Babson Capital served as investment adviser, was liquidated
and has ceased operations and the shares of Micronetics, Inc. previously
reported in the Schedule 13G amendment(2), were sold as part of the
Fund's liquidation.
CUSIP No 595125105 Page 5 of 8 Pages
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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 per cent 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
ITEM 10: CERTIFICATION:
BABSON CAPITAL MANAGEMENT LLC 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 the securities and were not acquired and
are not held in connection with or as a participant in any transaction
having such purpose 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.
Date: February 12, 2010
Babson Capital Management LLC
Signature: // Melissa Lagrant //
Name/Title: Melissa Lagrant
Managing Director
CUSIP No 595125105 Page 6 of 8 Pages
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COBBS WHARF MASTER FUND, L.P. 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 the securities and were not acquired and
are not held in connection with or as a participant in any transaction
having such purpose 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.
Date: February 12, 2010
Cobbs Wharf Master Fund, L.P.
By: Cobbs Wharf Management, LLC
Its General Partner
By: // Melissa Lagrant //
Name: Melissa Lagrant
Title: Managing Director
CUSIP No 595125105 Page 7 of 8 Pages
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JOINT FILING AGREEMENT
This will confirm the agreement by and among all the undersigned
that the amended Schedule 13G filed on or about this date and any
future amendments thereto with respect to the beneficial ownership
by the undersigned of common shares of Micronetics, Inc. is being
filed on behalf of each of the undersigned in accordance
with Rule 13d-1(k)(1). This agreement may be executed in two or more
counterparts, each of which shall be deemed an original, but all
of which together shall constitute one and the same instrument.
Date: February 12, 2010
Babson Capital Management LLC
_____________________________
By: // Melissa Lagrant //
Name: Melissa Lagrant
Title: Managing Director
SIGNATURE:
Date: February 12, 2010
Cobbs Wharf Master Fund, L.P.
_____________________________
By: Cobbs Wharf Management, LLC
Its General Partner
By: // Melissa Lagrant //
Name: Melissa Lagrant
Title: Managing Director
CUSIP No 595125105 Page 8 of 8 Pages
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February 12, 2010
Securities and Exchange Commission
Operations Center
Attn: Stop 0-7
6432 General Green Way
Alexandria, VA 22312-2413
Re: SCHEDULE 13G ON BEHALF OF MICRONETICS INC FOR THE YEAR
ENDING DECEMBER 31, 2009
Dear Sir or Madam:
Babson Capital Management LLC and Cobbs Wharf Master Fund, L.P.
are filing today an amendment to the previously amended
Schedule 13G through the EDGAR system as required by Section
240.13d-1(b) to reflect a change in reporting persons and a change in
beneficial ownership of the outstanding stock of the above-mentioned
issuer.
Please note that the shares as to which this Schedule is filed are
owned by various investment advisory clients of Babson Capital,
which may be deemed a beneficial owner of the shares only by virtue of
the direct or indirect investment discretion it possesses pursuant to
the provisions of investment advisory agreements with such clients.
A copy of the Schedule 13G is being sent to the issuer as required by
Rule 13d-7.
Comments or questions concerning the above may be directed to the
undersigned at (617) 761-3731.
Sincerely,
// Melissa Lagrant //
Melissa Lagrant
Managing Director
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