UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Motorcar Parts America, Inc.
--------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $0.01 per share
--------------------------------------------------------------------------------
(Title of Class of Securities)
620071100
----------------------------------------------------
(CUSIP Number)
Erik Volfing
Grand Slam Asset Management, LLC
One Bridge Plaza
Fort Lee, New Jersey 07024
(201) 346-4335
--------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
November 1, 2005
--------------------------------------------------------------
(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 which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following
box. |_|
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7 for other parties
to whom copies are to be sent.
*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).
SEC 1746 (12-91)
Page 1
CUSIP NO. 620071100 SCHEDULE 13D
------- ----------------------------------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Grand Slam Asset Management, LLC IRS # 22-3779105
------- ----------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b)
------- ----------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
------- ----------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF
------- ----------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS RE-
QUIRED PURSUANT TO ITEM 2(d) OR 2(e) |_|
------- ----------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware, USA
------- ----------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
-0-
------ -----------------------------------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 410,555
OWNED BY ------ -----------------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON -0-
WITH ------ -----------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
410,555
------- ----------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
410,555
------- ----------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_|
------- ----------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.00%
------- ----------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IA
------- ----------------------------------------------------------------------------------------------------------
Page 2
CUSIP NO. 620071100 SCHEDULE 13D
------- ----------------------------------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Grand Slam Capital Master Fund, Ltd. IRS # 20-0239056
------- ----------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b)
------- ----------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
------- ----------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
------- ----------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS RE-
QUIRED PURSUANT TO ITEM 2(d) OR 2(e) |_|
------- ----------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
------- ----------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
-0-
------ -----------------------------------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 383,055
OWNED BY ------ -----------------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON -0-
WITH ------ -----------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
383,055
------- ----------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
383,055
------- ----------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_|
------- ----------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.67%
------- ----------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
------- ----------------------------------------------------------------------------------------------------------
Page 3
CUSIP NO. 620071100 SCHEDULE 13D
------- ----------------------------------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Michael Lau Wong, as Trustee for The 2001 Mia Beth Sacks Trust
------- ----------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b)
------- ----------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
------- ----------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
------- ----------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS RE-
QUIRED PURSUANT TO ITEM 2(d) OR 2(e) |_|
------- ----------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
------- ----------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
-0-
------ -----------------------------------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 1,000
OWNED BY ------ -----------------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON -0-
WITH ------ -----------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
1,000
------- ----------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,000
------- ----------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |X|
------- ----------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
.01%
------- ----------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
------- ----------------------------------------------------------------------------------------------------------
Page 4
CUSIP NO. 620071100 SCHEDULE 13D
------- ----------------------------------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Michael Lau Wong, as Trustee for each of The 1999 Mickey B. Sacks Trust, the 1995 Mason
Bennett Sacks Trust and the 1995 Maxwell Sacks Trust
------- ----------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b)
------- ----------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
------- ----------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
------- ----------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS RE-
QUIRED PURSUANT TO ITEM 2(d) OR 2(e) |_|
------- ----------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
------- ----------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
-0-
------ -----------------------------------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 23,500
OWNED BY ------ -----------------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON -0-
WITH ------ -----------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
23,500
------- ----------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
23,500
------- ----------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |X|
------- ----------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
.29%
------- ----------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
------- ----------------------------------------------------------------------------------------------------------
Page 5
CUSIP NO. 620071100 SCHEDULE 13D
------- ----------------------------------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Mitchell Sacks, as Custodian for Maxwell Sacks UGMA
------- ----------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b)
------- ----------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
------- ----------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
------- ----------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS RE-
QUIRED PURSUANT TO ITEM 2(d) OR 2(e) |_|
------- ----------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
------- ----------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
-0-
------ -----------------------------------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 3,000
OWNED BY ------ -----------------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON -0-
WITH ------ -----------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
3,000
------- ----------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,000
------- ----------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |X|
------- ----------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
.04%
------- ----------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
------- ----------------------------------------------------------------------------------------------------------
Page 6
ITEM 1. SECURITY AND ISSUER
The title of the class of equity securities to which this statement on
Schedule 13D (the "Statement") relates is the common stock, par value $0.01 per
share, of Motorcar Parts America, Inc. (the "Common Stock"), a Delaware
corporation (the "Issuer"), and is being filed pursuant to Rule 13d-1 under the
Securities and Exchange Act of 1934, as amended (the "Exchange Act"). The
principal offices of the Issuer are located at 2929 California Street, Torrance,
California 90503.
ITEM 2. IDENTITY AND BACKGROUND
(a) This Statement is being filed by Grand Slam Capital Master
Fund, Ltd., a Cayman Islands exempted company ("Master Fund"). Master Fund was
formed for the purpose of acquiring and managing assets. This Statement is also
being filed by each of Mitchell Sacks, as custodian for the Maxwell Sacks UGMA
and Michael Lau Wong, as trustee for each of the 1999 Mickey B. Sacks Trust, the
1995 Mason Bennett Sacks Trust, the 1995 Maxwell Sacks Trust and the 2001 Mia
Beth Sacks Trust (collectively, the "Individuals"). This Statement is also being
filed by Grand Slam Asset Management, LLC, a Delaware limited liability company
("Asset Management", and together with Master Fund and the Individuals, the
"Reporting Parties"), for and on behalf of itself, which serves as the
investment advisor of Master Fund and Individuals. As such, Asset Management may
be deemed to control, directly or indirectly, Master Fund and to beneficially
own the shares of Common Stock of the Issuer being reported on this Statement by
Master Fund and the Individuals.
(b) The address of the principal offices of Asset Management and
the mailing address of Master Fund is One Bridge Plaza, Fort Lee, New Jersey
07024. The address of the principal offices of Master Fund is c/o Bank of
Bermuda (Cayman) Limited, 36C Bermuda House, British American Center, Dr. Roy's
Drive, PO Box 513GT, George Town, Grand Cayman, Cayman Islands, B.W.I. The
address of the Individuals' is Grand Slam Asset Management, LLC, One Bridge
Plaza, Fort Lee, New Jersey 07024.
(c) Attached as EXHIBIT A are the names of the executive officers
and managers of Asset Management and their business addresses, principal
occupations and places of citizenship. Attached as EXHIBIT B are the names of
the directors of Master Fund, their business addresses, principal occupations,
and places of citizenship. Master Fund has no executive officers. Mitchell
Sacks' principal occupation and his business address are set forth on EXHIBIT A
attached hereto. Michael Lau Wong's principal occupation is drug research and
development consulting and is employed by Blueline BioMed Consultants, the
principal offices of which are located at 2815 West Summerdale Avenue, Chicago,
Illinois 60625.
(d) During the last five years, neither of the Reporting Parties
nor any person listed on Exhibits A or B has been convicted in a criminal
proceeding.
(e) During the last five years, neither of the Reporting Parties
nor any person listed on Exhibits A or B has been a party to a civil proceeding
of a judicial or administrative body of competent jurisdiction and as a result
of such proceeding was or is subject to a judgment, decree
Page 7
or final order enjoining future violations of, or prohibiting or mandating
activities subject to, federal or state securities 4 of 8 laws or finding any
violation with respect to such laws.
(f) The nationality of the executive officers and managers of
Asset Management are set forth on EXHIBIT A. The nationality of the directors of
Master Fund are set forth on EXHIBIT B. Each of the Individuals is a citizen of
the United States.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
The funds for the purchase of the shares of Common Stock set forth on
EXHIBIT C hereto (the "Fund's Shares") have come from the working capital of
Master Fund. The funds for the purchase of the shares of Common Stock for the
Individuals (the "Individuals' Shares", and together with the Fund's Shares, the
"Shares") have come from personal funds of Mitchell Sacks and from the funds of
the 1999 Mickey B. Sacks Trust, the 1995 Mason Bennett Sacks Trust, the 1995
Maxwell Sacks Trust and the 2001 Mia Beth Sacks Trust. The aggregate amount of
funds used in making the purchases of the Shares is $3,455,234.
ITEM 4. PURPOSE OF TRANSACTION
The Reporting Persons have acquired the Shares as described in the
Statement and in subsequent amendments thereto, in order to obtain a substantial
equity position in the Issuer based on the Reporting Persons' belief that the
Common Stock of the Issuer at current market prices is undervalued and
represents an attractive investment opportunity. Depending upon overall market
conditions, other investment opportunities available to the Reporting Persons,
and the availability of shares of Common Stock of the Issuer at prices that
would make the purchase of additional shares desirable to the Reporting Persons,
they may endeavor to increase their position in the Issuer through, among other
things, the purchase of shares of Common Stock of the Issuer on the open market
or in private transactions or otherwise, on such terms and at such times as to
the Reporting Persons may deem advisable. Asset Management anticipates
communicating, from time to time, with the Issuer regarding its business and
strategic opportunities and identifying to the Issuer strategic opportunities
and alternatives to be considered by the Issuer. In addition, Asset Management
may propose, propose to arrange, or identify to the Issuer sources of capital.
Other than as set forth herein, none of the Reporting Persons has any
current plans or proposals that relate to or would result in any of the results
specified in paragraphs (a) through (j) of Item 4 of this Statement.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) The Reporting Parties beneficially own an aggregate of 410,555
shares of Common Stock, representing approximately 5.00% of the issued and
outstanding shares of Common Stock. The percentage ownership of the Reporting
Parties in the Issuer's capital stock is based on 8,208,955 issued and
outstanding shares of the Common Stock as reported by the
Page 8
Issuer in its Quarterly Report on Form 10-Q for the quarter ended June 30, 2005,
filed with the Securities and Exchange Commission. The managers of Asset
Management do not beneficially own any shares of Common Stock. Since Asset
Management may be deemed to control, directly or indirectly, Master Fund and the
Individuals, Asset Management may be deemed to have the power to direct the vote
or disposition of the Shares, and accordingly, may be deemed, for purposes of
determining beneficial ownership pursuant to Rule 13d-3 under the Exchange Act,
to beneficially own the Shares held by the Master Fund and the Individuals.
Master Fund directly owns 383,055 of the Shares and has the power to vote or
direct the vote and to dispose or direct the disposition of 383,055 Shares. By
virtue of being custodian for the Maxwell Sacks UGMA, Mitchell Sacks is the
direct owner of the 3,000 shares held by the UGMA (the "Mitchell Sacks Shares"),
representing approximately .04% of the issued and outstanding shares of Common
Stock of the Issuer. Michael Lau Wong, by virtue of being the trustee for each
of the 1999 Mickey B. Sacks Trust, the 1995 Mason Bennett Sacks Trust, the 1995
Maxwell Sacks Trust and the 2001 Mia Beth Sacks Trust, is the direct owner of
the 24,500 shares held by the trusts (the "Michael Lau Wong Shares"),
representing approximately .29% of the issued and outstanding shares of Common
Stock of the Issuer. Neither the filing of this Statement, any further amendment
hereto, nor anything contained herein is intended as, nor should be construed
as, an admission that Asset Management beneficially owns any of the Shares and
Asset Management disclaims any beneficial ownership of the Shares.
(b) Master Fund is a direct owner of 383,055 of the Shares.
By virtue of being the custodian for the Maxwell Sacks UGMA, Mitchell Sacks is
the direct owner of the 3,000 Shares and has the power to vote or to direct the
vote and to dispose or direct the disposition of these shares and may be deemed
to beneficially own the Mitchell Sacks Shares. Michael Lau Wong, by virtue of
being the trustee for each of the 1999 Mickey B. Sacks Trust, the 1995 Mason
Bennett Sacks Trust, the 1995 Maxwell Sacks Trust and the 2001 Mia Beth Sacks
Trust, is the direct owner of 24,500 shares and has the power to vote or to
direct the vote and to dispose or direct the disposition of these shares.
(c) The dates and amount of each acquisition of the Master Fund's
Shares is listed on EXHIBIT C hereto. Except as set forth in EXHIBIT C hereto,
there have been no transactions in shares of Common Stock of the Issuer during
the past sixty days by Asset Management, Master Fund, the Individuals or any
person or entity listed on Exhibits A or B to this statement.
(d) No Person is known to have the right to receive or the power
to direct the receipt of dividends from, or the proceeds from the sale of, the
Shares, owned by Master Fund or the Individuals except Asset Management.
(e) Not applicable.
Page 9
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS
WITH RESPECT TO SECURITIES OF THE ISSUER
Asset Management provides investment management services to Master Fund
pursuant to that certain Amended and Restated Investment Management Agreement,
dated September 1, 2003, by and among Asset Management, Master Fund and Grand
Slam Capital Offshore Fund, Ltd.
Mitchell Sacks is the custodian for the Maxwell Sacks UGMA, and, as
such, has the power to vote or to direct the vote and dispose or direct the
disposition of the Mitchell Sacks Shares. Michael Lau Wong is the trustee for
each of The 1999 Mickey B. Sacks Trust, the 1995 Mason Bennett Sacks Trust, the
1995 Maxwell Sacks Trust and the 2001 Mia Beth Sacks Trust, and, as such, has
the power to vote or direct the vote and dispose or direct the disposition of
the Michael Lau Wong Shares.
ITEM 7. MATERIALS TO BE FILED AS EXHIBITS
Exhibit A: Information with respect to the executive officers and
managers of Grand Slam Asset Management, LLC.
Exhibit B: Information with respect to the directors of Grand Capital
Master Fund, Ltd.
Exhibit C: As described in Item 5.
Exhibit D: Joint Filing Agreement.
Page 10
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: November 9, 2005 Grand Slam Capital Master Fund, Ltd.
By: /s/ Mitchell Sacks
---------------------------------
Name: Mitchell Sacks
Title: Director
Dated: November 9, 2005 Grand Slam Asset Management, LLC
By: /s/ Erik Volfing
---------------------------------
Name: Erik Volfing
Title: Member
Maxwell Sacks UGMA
Dated: November 9, 2005 By: /s/ Mitchell Sacks
---------------------------------
Name: Mitchell Sacks
Title: Custodian
Page 11
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.
2001 Mia Beth Sacks Trust
Dated: November 9, 2005 By: /s/ Michael Lau Wong
---------------------------------
Name: Michael Lau Wong
Title: Trustee
1999 Mickey B. Sacks Trust
Dated: November 9, 2005 By: /s/ Michael Lau Wong
---------------------------------
Name: Michael Lau Wong
Title: Trustee
1995 Mason Bennett Sacks Trust
Dated: November 9, 2005 By: /s/ Michael Lau Wong
---------------------------------
Name: Michael Lau Wong
Title: Trustee
1995 Maxwell Sacks Trust
Dated: November 9, 2005 By: /s/ Michael Lau Wong
---------------------------------
Name: Michael Lau Wong
Title: Trustee
Page 12
EXHIBIT A
INFORMATION WITH RESPECT TO THE EXECUTIVE OFFICERS AND
MANAGERS OF GRAND SLAM ASSET MANAGEMENT, LLC
NAME AND ADDRESS(1) POSITION WITH PRINCIPAL OCCUPATION CITIZENSHIP
GRAND SLAM ASSET
MANAGEMENT, LLC
Mitchell Sacks(1) Member, Managing Manager of and Slam Asset USA
Member, Chief Executive Management, LLC and Grand Slam
Officer and Portfolio General Partners, LLC
Manager
Erik Volfing(1) Member, Chief Financial Manager of Grand Slam Asset Denmark
Officer and Portfolio Management, LLC and Grand Slam
Manager General Partners, LLC
Michael Legg(1) Member, Chief Manager of Grand Slam Asset USA
Compliance Officer and Management, LLC and Grand Slam
Portfolio Manager General Partners, LLC
------------------
(1) The business address of each of the named individuals is c/o Grand Slam
Asset Management, LLC, One Bridge Plaza, Fort Lee, New Jersey, 07024.
Page 13
EXHIBIT B
INFORMATION WITH RESPECT TO DIRECTORS OF
GRAND SLAM CAPITAL MASTER FUND, LTD.
NAME AND ADDRESS(1) POSITION WITH PRINCIPAL OCCUPATION CITIZENSHIP
GRAND SLAM MASTER
FUND, LTD.
Mitchell Sacks(2) Director Managing Grand Slam Asset USA
Management, LLC and Grand Slam
General Partners
Martin Lang(3) Director Employed by International Cayman Islands
Management Services
Ian Goodall(3) Director Employed by International Cayman Islands
Managements Services
------------------
(2) The business address of Mitchell Sacks is c/o Grand Slam General Partners,
LLC, One Bridge Plaza, Fort Lee, New Jersey 07024.
(3) The business address of each of the named individuals is c/o International
Management Services Limited, 4th Floor, Harbour Centre, George Town, Cayman
Islands.
Page 14
EXHIBIT C
SCHEDULE OF TRANSACTIONS BY
GRAND SLAM MASTER FUND, LTD.
NUMBER OF SHARES OF COMMON
STOCK OF THE ISSUER PURCHASED
DATE OF PURCHASE ON NASDAQ PRICE PER SHARE
--------------------------------------------------------------------------------
10/17/05 3,905 $ 9.13
10/26/05 1,000 $ 9.69
10/27/05 1,500 $ 9.65
11/02/05 2,500 $ 10.08
Page 15
EXHIBIT D
JOINT FILING AGREEMENT
The undersigned agree that this Statement, dated November 9, 2005,
relating to the Common Stock of Motorcar Parts America, Inc. shall be filed on
behalf of the undersigned.
Dated: November 9, 2005 Grand Slam Capital Master Fund, Ltd.
By: /s/ Mitchell Sacks
---------------------------------
Name: Mitchell Sacks
Title: Director
Dated: November 9, 2005 Grand Slam Asset Management, LLC
By: /s/ Erik Volfing
---------------------------------
Name: Erik Volfing
Title: Member
Maxwell Sacks UGMA
Dated: November 9, 2005 By: /s/ Mitchell Sacks
---------------------------------
Name: Mitchell Sacks
Title: Custodian
Page 16
JOINT FILING AGREEMENT
The undersigned agree that this Statement, dated November 9, 2005,
relating to the Common Stock of Motorcar Parts America, Inc. shall be filed on
behalf of the undersigned.
2001 Mia Beth Sacks Trust
Dated: November 9, 2005 By: /s/ Michael Lau Wong
---------------------------------
Name: Michael Lau Wong
Title: Trustee
1999 Mickey B. Sacks Trust
Dated: November 9, 2005 By: /s/ Michael Lau Wong
---------------------------------
Name: Michael Lau Wong
Title: Trustee
1995 Mason Bennett Sacks Trust
Dated: November 9, 2005 By: /s/ Michael Lau Wong
---------------------------------
Name: Michael Lau Wong
Title: Trustee
1995 Maxwell Sacks Trust
Dated: November 9, 2005 By: /s/ Michael Lau Wong
---------------------------------
Name: Michael Lau Wong
Title: Trustee
Page 17