SEC FORM 3 SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Manchester Explorer, L.P.

(Last) (First) (Middle)
3 WEST HILL PLACE

(Street)
BOSTON MA 02114

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
04/26/2017
3. Issuer Name and Ticker or Trading Symbol
BEAR LAKE RECREATION INC [ BLKE ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, par value $0.001 per share. 2,900,000 D(1)(2)
Common Stock, par value $0.001 per share. 2,900,000 I See footnotes(2)(3)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
Manchester Explorer, L.P.

(Last) (First) (Middle)
3 WEST HILL PLACE

(Street)
BOSTON MA 02114

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
MANCHESTER MANAGEMENT CO LLC

(Last) (First) (Middle)
3 WEST HILL PLACE

(Street)
BOSTON MA 02114

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
BESSER JAMES E

(Last) (First) (Middle)
C/O MANCHESTER MANAGEMENT COMPANY, LLC
3 WEST HILL PLACE

(Street)
BOSTON MA 02114

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
FRANK MORGAN C.

(Last) (First) (Middle)
C/O MANCHESTER MANAGEMENT COMPANY, LLC
3 WEST HILL PLACE

(Street)
BOSTON MA 02114

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. This Form 3 is being filed by Manchester Explorer, L.P., Manchester Management Company, LLC, James E. Besser and Morgan C. Frank as 10% Owners, and by Messrs. Frank and Besser as Director.
2. The reported securities are directly owned by Manchester Explorer, L.P., a Delaware limited partnership ("Manchester Explorer").
3. Manchester Management Company, LLC, a Delaware limited liability company ("Manchester Management"), provides investment management services to Manchester Explorer. The reported securities may be deemed indirectly beneficially owned by Manchester Management as a result of it being the general partner of Manchester Explorer. The reported securities may also be deemed to be indirectly beneficially owned by James E. Besser, as a Managing Member of Manchester Management and by Morgan C. Frank, who serves as a portfolio manager and a consultant of Manchester Management. Each of the Reporting Persons disclaim beneficial ownership of the reported securities and warrants except to the extent of their pecuniary interest therein. Messrs. Besser and Frank are also Directors of the Issuer.
/s/ James E. Besser, Managing Member of the General Partner of Manchester Explorer, L.P. 05/05/2017
/s/ James E. Besser, Managing Member of Manchester Management Company, LLC 05/05/2017
/s/ James E. Besser 05/05/2017
/s/ Morgan C. Frank 05/05/2017
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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