|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN 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 |
|
| |||||||||||||||||||||||||||||
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
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. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Warrant to Purchase Super-Voting Common Stock | (2) | 05/13/2010 | J(2) | 5,831,407 | (2) | 01/07/2015 | Common Stock | 1,457,852 (4) | (2) | 5,831,407 | D | ||||
Super-Voting Common Stock | (1) | 06/23/2010 | C(1) | 5,831,407 | (1) | (1) | Common Stock | 1,457,852 (1) | (1) | 0 | D | ||||
Warrant to Purchase Super-Voting Common Stock | (3) | 06/23/2010 | J(3) | 5,831,407 | (3) | 01/07/2015 | Common Stock | 1,457,852 (3) | (3) | 0 | D | ||||
Warrant to Purchase Common Stock | (3) | 06/23/2010 | J(3) | 1,457,852 | (3) | 01/07/2015 | Common Stock | 1,457,852 | (3) | 1,457,852 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Ratiner Boris 18375 VENTURA BOULEVARD, #552 TARZANA, CA 91356 |
X |
/s/ Boris Ratiner | 06/24/2010 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(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) | On June 23, 2010, upon the filing and acceptance of the Issuer's Amended and Restated Certificate of Incorporation effecting a 1-for-200 reverse stock split of the Issuer's outstanding common stock, each share of the Reporting Person's Super-Voting Common Stock automatically converted into 0.25 shares of the Issuer's common stock. |
(2) | The Reporting Person obtained the warrant pursuant to the closing of transactions contemplated under an Agreement and Plan of Merger dated March 26, 2010. The shares of Super-Voting Common Stock issuable upon exercise of the warrant are convertible at a rate of 50 shares of Common Stock for each share of Super-Voting Common Stock, automatically upon the filing and acceptance of an amendment to the Issuer's Certificate of Incorporation effecting a 1-for-200 reverse stock split of the Common Stock. The warrant is fully exercisable. The Reporting Person hereby amends the original report regarding these securities to correctly report the issuance of a single warrant for the aggregate shares reported and the expiration date of the warrant. |
(3) | On June 23, 2010, upon the filing and acceptance of the Issuer's Amended and Restated Certificate of Incorporation effecting a 1-for-200 reverse stock split of the Issuer's outstanding common stock, the warrant, by its terms, became exercisable for 0.25 shares of the Issuer's Common Stock for each share of Super-Voting Common Stock formerly issuable upon exercise of the warrant. |
(4) | Accounts for a 1-for-200 reverse split. |