3: Initial statement of beneficial ownership of securities
Published on February 1, 2010
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 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 | ||||
Warrant | 12/31/2009 | 12/31/2012 | Common Stock | 500,000 | $ 0.5 | D | |
Warrant | 12/31/2009 | 12/31/2012 | Common Stock | 500,000 | $ 0.75 | D | |
Warrant | 12/31/2009 | 12/31/2012 | Common Stock | 1,000,000 | $ 0.5 | I | by spouse |
Warrant | 12/31/2009 | 12/31/2012 | Common Stock | 1,000,000 | $ 0.75 | I | by spouse |
Warrant | 12/31/2009 | 12/31/2012 | Common Stock | 500,000 | $ 0.5 | I | by Julie Schwartzberg Trust (2) |
Warrant | 12/31/2009 | 12/31/2012 | Common Stock | 500,000 | $ 0.75 | I | by Julie Schwartzberg Trust (2) |
Warrant | 12/31/2009 | 12/31/2012 | Common Stock | 500,000 | $ 0.5 | I | by David N. Sterling Trust (3) |
Warrant | 12/31/2009 | 12/31/2012 | Common Stock | 500,000 | $ 0.75 | I | by David N. Sterling Trust (3) |
Option | 09/12/2007 | 09/12/2011 | Common Stock | 500,000 | $ 1 | D | |
Option | 09/12/2008 | 09/12/2011 | Common Stock | 500,000 | $ 1 | D | |
Option | 10/07/2009 | 09/12/2013 | Common Stock | 500,000 | $ 1 | D |
Reporting Owners
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Schwartzberg Gil 269 S. BEVERLY DR. #1315 BEVERLY HILLS, CA 90212 |
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Signatures
/s/ Gil N. Schwartzberg | 02/01/2010 | |
**Signature of Reporting Person | Date |
Explanation of Responses:
* | 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) | Mr. Schwartzberg is the manager of Continuum Capital Partners, LP and has sole voting, disposition and investment control over the securities. |
(2) | Mr. Schwartzberg is a co-trustee of the Julie Schwartzberg Trust in which he shares voting, disposition and investment control over the securities. |
(3) | Mr. Schwartzberg is a co-trustee of the David N. Sterling Trust in which he shares voting, disposition and investment control over the securities. |