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 | ||||
Secured Convertible Term Note | Â (2) | 05/17/2008 | Common Stock, no par value per share | (2) | $ (2) | D (1) | Â |
Secured Convertible Minimum Borrowing Note | Â (2) | 05/17/2008 | Common Stock, no par value per share | (2) | $ (2) | D (1) | Â |
Secured Convertible Revolving Note | Â (2) | 05/17/2008 | Common Stock, no par value per share | (2) | $ (2) | D (1) | Â |
Stock Option (right to buy) | Â (2) | Â (2) | Common Stock, no par value per share | (2) | $ (2) | D (1) | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
LAURUS MASTER FUND LTD C/O LAURUS CAPITAL MANAGEMENT, LLC 825 THIRD AVENUE, 14TH FLOOR NEW YORK, NY 10022 |
 |  X |  |  |
LAURUS CAPITAL MANAGEMENT LLC 825 THIRD AVENUE 14TH FLOOR NEW YORK, NY 10022 |
 |  X |  |  |
GRIN EUGENE C/O LAURUS CAPITAL MANAGEMENT, LLC 825 THIRD AVENUE 14TH FLOOR NEW YORK, NY 10022 |
 |  X |  |  |
GRIN DAVID C/O LAURUS CAPITAL MANAGEMENT, LLC 825 THIRD AVENUE 14TH FLOOR NEW YORK, NY 10022 |
 |  X |  |  |
/s/ Eugene Grin, Director, on behalf of Laurus Master Fund, Ltd. | 02/02/2006 | |
**Signature of Reporting Person | Date | |
/s/ Eugene Grin, Principal, on behalf of Laurus Capital Management, LLC | 02/02/2006 | |
**Signature of Reporting Person | Date | |
/s/ Eugene Grin | 02/02/2006 | |
**Signature of Reporting Person | Date | |
/s/ David Grin | 02/02/2006 | |
**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) | See Exhibit 99 (Footnote 1) |
(2) | See Exhibit 99 (Footnote 2) |