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 | ||||
Stock option (right to buy) | Â (1) | 11/20/2011 | Common stock | 75,000 | $ 18.39 (2) | D | Â |
Stock option (right to buy) | Â (3) | 08/17/2012 | Common stock | 100,000 | $ 10.69 (2) | D | Â |
Stock option (right to buy) | Â (4) | 09/16/2013 | Common stock | 90,000 | $ 1.25 (2) | D | Â |
Subordinated Convertible Debenture | 02/04/2008 | 02/04/2011 | Common stock | 30,441 | $ 6.57 | I | Brian L. Stafford Trust dated February 7, 2005 |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Stafford Brian 1649 NORTHWEST 136TH AVENUE SUNRISE, FL 33323 |
 X |  |  Acting Chief Executive Officer |  |
/s/ Deon Vaughan, Attorney-in-fact for Brian Stafford | 06/09/2009 | |
**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) | The option shall become exercisable with respect to one-third (1/3) of the total number of shares of common stock subject to the option on each of the first three anniversary dates of the granting of the option. The option was granted November 20, 2006. |
(2) | Exercise price is in Canadian dollars. |
(3) | The option shall become exercisable with respect to one-third (1/3) of the total number of shares of common stock subject to the option on each of the first three anniversary dates of the granting of the option. The option was granted August 17, 2007. |
(4) | The option shall become exercisable with respect to one-third (1/3) of the total number of shares of common stock subject to the option at the end of each of the first three six month periods after the granting of the option. The option was granted September 16, 2008. |