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) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
10% Series A Convertible Senior Secured Notes Due 2015
(1)
|
07/22/2015 |
03/31/2015 |
Common Stock
|
27,229,765
(3)
|
$
0.1134
|
I
(2)
|
See Footnote
(2)
|
10% Series B Convertible Senior Secured Notes Due 2015
(1)
|
09/16/2011 |
03/31/2015 |
Common Stock
|
54,594,046
(4)
|
$
0.0618
|
I
(2)
|
See Footnote
(2)
|
* |
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) |
All of the Common Stock, the 10% Series A Convertible Senior Secured Notes Due 2015 ("Series A Notes") and the 10% Series B Convertible Senior Secured Notes Due 2015 ("Series B Notes") reported on this Form 3 were acquired by The Royal Bank of Scotland plc ("RBS") in satisfaction of debt previously owed by the Issuer to RBS in connection with the Issuer's restructuring on July 22, 2011. |
(2) |
All of the securities reported are owned directly by RBS. All of the shares of RBS are owned by The Royal Bank of Scotland Group plc ("RBSG"). Each of RBS and RBSG disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein. This form is filed without prejudice to the reporting person's position that none of RBSG or RBS or any of their subsidiaries, individually or in aggregate, are required to file beneficial ownership reports under Section 16(a) of the Securities Exchange Act of 1934, and should not be construed or interpreted as a concession or admission that such reports are required. |
(3) |
As of September 16, 2011, RBS held $3,086,575 in aggregate principal amount of Series A Notes. |
(4) |
As of September 16, 2011, RBS held $2,351,864 in aggregate principal amount of Series B Notes. |