UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Series E Preferred Stock | 05/12/2009 | Â (2) | Common Stock | 390,000 | $ 2 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
AIA Partners, LLC 26 HUNTING HILL DRIVE DIX HILLS, NY 11746 |
 |  X |  |  |
Shapiro Steven 26 HUNTING HILL DRIVE DIX HILLS, NY 11746 |
 |  X |  |  |
AIA Partners, LLC by /s/ Steven Shapiro, Manager | 06/14/2010 | |
**Signature of Reporting Person | Date | |
/s/ Steven Shapiro | 06/14/2010 | |
**Signature of Reporting Person | Date |
* | 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). |
(1) | Excludes 49,600 shares of Common Stock held by AIA Acquisition Corp. whose shareholders are the members of AIA Partners, LLC. The Reporting Persons disclaim beneficial ownership of such shares. |
(2) | AIA Partners, LLC has the right to convert the Series E Preferred Stock into Common Stock until the Series E Preferred Stock is redeemed by the Issuer. |
 Remarks: This report is filed jointly by AIA Partners, LLC and Steven Shapiro. The reported securities are owned directly by AIA Partners, LLC. Mr. Shapiro is a member and the sole manager of AIA Partners, LLC. Mr. Shapiro disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. |