SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Amendment No. 1)
Under the Securities Exchange Act of 1934*
Oneida Ltd.
--------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $1.00 per share
--------------------------------------------------------------------------------
(Title of Class of Securities)
682505102
--------------------------------------------------------------------------------
(CUSIP Number of Class of Securities)
Robert Burns, Esq.
Quadrangle Group LLC
375 Park Avenue
14th Floor
New York, NY 10152
(212) 418-1700
--------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
Copies to:
Michael A. Schwartz, Esq.
Willkie Farr & Gallagher LLP
787 Seventh Avenue
New York, NY 10019-6099
(212) 728-8000
September 15, 2005
--------------------------------------------------------------------------------
(Date of Event which Requires
Filing of this Schedule)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of ss.ss. 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the
following box: [ ]
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 240.13d-7 for other
parties to whom copies are to be sent.
* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
SCHEDULE 13D
------------------------------------- ---------------------------
CUSIP No. 682505102 Page 2 of 17 Pages
------------------------------------- ---------------------------
----------- --------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
QDRF Master Ltd I.D. #98-0371106
----------- --------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
----------- --------------------------------------------------------------------
3 SEC USE ONLY
----------- --------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
----------- --------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
----------- --------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
--------------------- --------- ------------------------------------------------
7 SOLE VOTING POWER
0
--------- ------------------------------------------------
NUMBER OF SHARES 8 SHARED VOTING POWER
BENEFICIALLY OWNED
BY EACH REPORTING 0
PERSON WITH --------- ------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
--------- ------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
----------- --------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
0
----------- --------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
----------- --------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
----------- --------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
OO
----------- --------------------------------------------------------------------
SCHEDULE 13D
------------------------------------- ---------------------------
CUSIP No. 682505102 Page 3 of 17 Pages
------------------------------------- ---------------------------
----------- --------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Quadrangle Debt Opportunities Fund Master Ltd. I.D. #98-0422434
----------- --------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
----------- --------------------------------------------------------------------
3 SEC USE ONLY
----------- --------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
----------- --------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
----------- --------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
--------------------- --------- ------------------------------------------------
7 SOLE VOTING POWER
0
--------- ------------------------------------------------
NUMBER OF SHARES 8 SHARED VOTING POWER
BENEFICIALLY OWNED
BY EACH REPORTING 0
PERSON WITH --------- ------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
--------- ------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
----------- --------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
0
----------- --------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
----------- --------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
----------- --------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
OO
----------- --------------------------------------------------------------------
SCHEDULE 13D
------------------------------------- ---------------------------
CUSIP No. 682505102 Page 4 of 17 Pages
------------------------------------- ---------------------------
----------- --------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Quadrangle Debt Recovery Advisors LLC
(f/k/a QDRA LLC) I.D. #98-1424923
----------- --------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
----------- --------------------------------------------------------------------
3 SEC USE ONLY
----------- --------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
----------- --------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
----------- --------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------- --------- ------------------------------------------------
7 SOLE VOTING POWER
0
--------- ------------------------------------------------
NUMBER OF SHARES 8 SHARED VOTING POWER
BENEFICIALLY OWNED
BY EACH REPORTING 0
PERSON WITH --------- ------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
--------- ------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
----------- --------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
0
----------- --------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
----------- --------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
----------- --------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
OO
----------- --------------------------------------------------------------------
SCHEDULE 13D
------------------------------------- ---------------------------
CUSIP No. 682505102 Page 5 of 17 Pages
------------------------------------- ---------------------------
----------- --------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Andrew Herenstein
----------- --------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
----------- --------------------------------------------------------------------
3 SEC USE ONLY
----------- --------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
----------- --------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
----------- --------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------- --------- ------------------------------------------------
7 SOLE VOTING POWER
0
--------- ------------------------------------------------
NUMBER OF SHARES 8 SHARED VOTING POWER
BENEFICIALLY OWNED
BY EACH REPORTING 0
PERSON WITH --------- ------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
--------- ------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
----------- --------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
0
----------- --------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
----------- --------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
----------- --------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
----------- --------------------------------------------------------------------
SCHEDULE 13D
------------------------------------- ---------------------------
CUSIP No. 682505102 Page 6 of 17 Pages
------------------------------------- ---------------------------
----------- --------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Christopher Santana
----------- --------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
----------- --------------------------------------------------------------------
3 SEC USE ONLY
----------- --------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
----------- --------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
----------- --------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------- --------- ------------------------------------------------
7 SOLE VOTING POWER
0
--------- ------------------------------------------------
NUMBER OF SHARES 8 SHARED VOTING POWER
BENEFICIALLY OWNED
BY EACH REPORTING 0
PERSON WITH --------- ------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
--------- ------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
----------- --------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
0
----------- --------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
----------- --------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
----------- --------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
----------- --------------------------------------------------------------------
SCHEDULE 13D
------------------------------------- ---------------------------
CUSIP No. 682505102 Page 7 of 17 Pages
------------------------------------- ---------------------------
----------- --------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Michael Weinstock
----------- --------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
----------- --------------------------------------------------------------------
3 SEC USE ONLY
----------- --------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
----------- --------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
----------- --------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------- --------- ------------------------------------------------
7 SOLE VOTING POWER
0
--------- ------------------------------------------------
NUMBER OF SHARES 8 SHARED VOTING POWER
BENEFICIALLY OWNED
BY EACH REPORTING 0
PERSON WITH --------- ------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
--------- ------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
----------- --------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
0
----------- --------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
----------- --------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
----------- --------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
----------- --------------------------------------------------------------------
This Amendment No. 1 to Schedule 13D (this "Amendment No. 1") is being
filed with respect to the Common Stock, par value $1.00 per share (the "Common
Stock"), of Oneida Ltd., a corporation formerly organized under the laws of the
State of New York (the "Company"), to amend the Schedule 13D filed on August 19,
2004 (the "Original 13D" and, together with this Amendment No. 1, the "Schedule
13D") and to report that as a result of the reorganization of the Company under
federal bankruptcy law, which was effective as of September 15, 2006, the Common
Stock ceased to be outstanding and the Reporting Persons ceased to own Common
Stock. Capitalized terms used but not defined herein have the meaning ascribed
thereto in the Original 13D.
Item 2. Identity and Background.
Item 2(a) is hereby amended as a result of the name change of QDRA LLC to
Quadrangle Debt Recovery Advisors LLC, and each reference to QDRA LLC in the
Schedule 13D shall be to Quadrangle Debt Recovery Advisors LLC.
Item 2(b) and Item 2(c) are hereby amended by the deletion of the Schedule
A-3 attached to the Original 13D and its replacement with Schedule A-3 attached
hereto.
Item 2(d) and Item 2(e) are hereby amended by the deletion of the entirety
of the text thereof and its replacement with the following:
(d) During the past five years, none of the Reporting Persons or any other
person named in any of Schedule A-1, Schedule A-2, Schedule A-3, Schedule A-4,
Schedule A-5 and Schedule A-6 hereto has been convicted in a criminal proceeding
(excluding traffic violations or similar misdemeanors).
(e) During the past five years, none of the Reporting Persons or any other
person named in any of Schedule A-1, Schedule A-2, Schedule A-3, Schedule A-4,
Schedule A-5 and Schedule A-6 hereto has been a party to a civil proceeding of a
judicial or administrative body of competent jurisdiction and as a result of
such proceeding was or is subject to a judgment, decree or final order enjoining
future violations of, or prohibiting or mandating activities subject to, federal
or state securities laws or finding any violation with respect to such laws.
Item 5. Interest in Securities of the Issuer.
Item 5 is hereby amended by adding the following to the text thereof:
On September 15, 2006, the Company's First Amended Joint Prenegotiated Plan
of Reorganization (the "Plan"), dated July 7, 2006 and confirmed by the
Bankruptcy Court for the Southern
8
District of New York on August 30, 2006, became effective (the "Effective
Date"). Pursuant to the Plan, on the Effective Date, among other things, all of
the Common Stock of the Company was cancelled and ceased to exist. As a result,
on September 15, 2006, each of the Reporting Persons ceased to own Common Stock.
The Company emerged from the bankruptcy proceedings as a privately held company,
and the Reporting Persons currently own common stock of such privately held
company.
The Original 13D was filed on August 19, 2004. As the result of sales of
Common Stock on September 15, 2005, the Reporting Persons were the beneficial
owners of 2,714,592 shares of Common Stock in the aggregate, which represented
approximately 5.8% of the total outstanding Common Stock. On December 16, 2005,
the Reporting Persons were the beneficial owners of 2,254,592 shares of Common
Stock in the aggregate, representing approximately 4.8% of the total outstanding
Common Stock. Immediately prior to the Effective Date, the Reporting Persons
were the beneficial owners of 1,781,952 shares of Common Stock in the aggregate,
representing approximately 3.8% of the total outstanding Common Stock.
All references to the total outstanding Common Stock are to 46,631,924
shares of Common Stock, the number of shares of Common Stock issued and
outstanding as of September 7, 2005, December 7, 2005, and September 13, 2006,
as reflected in the Company's Quarterly Reports on Form 10-Q for the quarterly
periods ending July 30, 2005, October 29, 2005, and April 29, 2006,
respectively.
(a) and (b)
The beneficial ownership of Common Stock by the Reporting Persons as of
September 15, 2005, was as follows:
The Primary Reporting Person was the beneficial owner of 2,609,462 shares
of Common Stock, or approximately 5.6%, of the Company's total outstanding
Common Stock. QDOFM, an affiliate of the Primary Reporting Person, was the
beneficial owner of 105,130 shares of Common Stock, or approximately 0.2% of the
Company's total outstanding Common Stock. The Controlling Reporting Persons may
be deemed also to have beneficially owned an aggregate of 2,714,592 shares of
Common Stock, or approximately 5.8% of the Company's total outstanding Common
Stock, indirectly as a result of their control relationship with the Primary
Reporting Person and QDOFM. Any such beneficial ownership would represent the
same shared voting and dispositive power exercised by the Primary Reporting
Person or QDOFM over the shares of Common Stock. The Controlling Reporting
Persons disclaim beneficial ownership of such shares of Common Stock except to
the extent of their pecuniary interest therein.
The beneficial ownership of Common Stock by the Reporting Persons as of
December 16, 2005, was as follows:
9
The Primary Reporting Person was the beneficial owner of 2,167,277 shares
of Common Stock, or approximately 4.7%, of the Company's total outstanding
Common Stock. QDOFM, an affiliate of the Primary Reporting Person, was the
beneficial owner of 87,315 shares of Common Stock, or approximately 0.2% of the
Company's total outstanding Common Stock. The Controlling Reporting Persons may
be deemed also to have beneficially owned an aggregate of 2,254,592 shares of
Common Stock, or approximately 4.8% of the Company's total outstanding Common
Stock, indirectly as a result of their control relationship with the Primary
Reporting Person and QDOFM. Any such beneficial ownership would represent the
same shared voting and dispositive power exercised by the Primary Reporting
Person or QDOFM over the shares of Common Stock. The Controlling Reporting
Persons disclaim beneficial ownership of such shares of Common Stock except to
the extent of their pecuniary interest therein.
The beneficial ownership of Common Stock by the Reporting Persons
immediately prior to the Effective Date was as follows:
The Primary Reporting Person was the beneficial owner of 1,712,942 shares
of Common Stock, or approximately 3.7%, of the Company's total outstanding
Common Stock. QDOFM, an affiliate of the Primary Reporting Person, was the
beneficial owner of 69,010 shares of Common Stock, or approximately 0.1% of the
Company's total outstanding Common Stock. The Controlling Reporting Persons may
be deemed also to have beneficially owned an aggregate of 1,781,952 shares of
Common Stock, or approximately 3.8% of the Company's total outstanding Common
Stock, indirectly as a result of their control relationship with the Primary
Reporting Person and QDOFM. Any such beneficial ownership would represent the
same shared voting and dispositive power exercised by the Primary Reporting
Person or QDOFM over the shares of Common Stock. The Controlling Reporting
Persons disclaim beneficial ownership of such shares of Common Stock except to
the extent of their pecuniary interest therein.
(c) Schedule B hereto sets forth information with respect to transactions
by the Primary Reporting Person in the Common Stock since the filing of the
Original 13D.
Schedule C hereto sets forth information with respect to transactions by
QDOFM in the Common Stock since the filing of the Original 13D.
Schedule D hereto sets forth information with respect to transactions by
the Controlling Reporting Persons in the Common Stock since the filing of the
Original 13D.
Except as set forth above and on Schedule B, Schedule C and Schedule D,
since the filing of the Original 13D there were no transactions in the Common
Stock effected by the Reporting Persons.
10
(d) No person other than the Reporting Persons has the right to receive or
the power to direct the receipt of dividends from, or the proceeds from the sale
of the securities to which this Statement relates.
(e) As described more fully above, on the Effective Date all of the Common
Stock was cancelled and therefore each of the Reporting Persons ceased to be the
beneficial owner of shares of Common Stock.
11
SIGNATURES
After reasonable inquiry and to the best of our knowledge and belief,
the undersigned certify that the information set forth in this statement is
true, complete and correct.
Dated: October 13, 2006
QDRF MASTER LTD.
By: Quadrangle Debt Recovery Advisors LLC, its
investment advisor
By: /s/ Michael Weinstock
-------------------------------------
Name: Michael Weinstock
Title: Managing Member
QUADRANGLE DEBT OPPORTUNITIES FUND MASTER LTD.
By: Quadrangle Debt Recovery Advisors LLC, its
investment advisor
By: /s/ Michael Weinstock
-------------------------------------
Name: Michael Weinstock
Title: Managing Member
QUADRANGLE DEBT RECOVERY ADVISORS LLC
By: /s/ Michael Weinstock
-----------------------------------------
Name: Michael Weinstock
Title: Managing Member
MICHAEL WEINSTOCK
/s/ Michael Weinstock
----------------------------------------------
Michael Weinstock
CHRISTOPHER SANTANA
/s/ Christopher Santana
----------------------------------------------
Christopher Santana
ANDREW HERENSTEIN
By: /s/ Robert Burns
-----------------------------------------
Name: Robert Burns
Title: Attorney-in-Fact
[SIGNATURE PAGE TO SCHEDULE 13D
WITH RESPECT TO ONEIDA LTD.]
SCHEDULE A-3
Quadrangle Debt Recovery Advisors LLC
375 Park Avenue
14th Floor
New York, NY 10152
Quadrangle Debt Recovery Advisors LLC is the advisor to QDRF Master Ltd and
Quadrangle Debt Opportunities Fund Master Ltd.
Andrew Herenstein, Christopher Santana and Michael Weinstock are the managing
members of Quadrangle Debt Recovery Advisors LLC. See Schedules A-4, A-5 and
A-6, respectively, for a description thereof.
SCHEDULE B
(Transactions by the Primary Reporting Person in Common Stock
since the filing of the Original 13D)
Date Transaction Shares Price Per Share($)
---- ----------- ------ ------------------
------------------------ ---------------------------- --------------------------------- -----------------------------------
9/8/05 SELL (9,613) 1.71
------------------------ ---------------------------- --------------------------------- -----------------------------------
9/14/05 SELL (144,191) 1.21
------------------------ ---------------------------- --------------------------------- -----------------------------------
9/15/05 SELL (294,456) 1.37
------------------------ ---------------------------- --------------------------------- -----------------------------------
12/9/05 SELL (9,613) 0.70
------------------------ ---------------------------- --------------------------------- -----------------------------------
12/14/05 SELL (144,191) 0.49
------------------------ ---------------------------- --------------------------------- -----------------------------------
12/15/05 SELL (194,657) 0.47
------------------------ ---------------------------- --------------------------------- -----------------------------------
12/16/05 SELL (93,724) 0.47
------------------------ ---------------------------- --------------------------------- -----------------------------------
12/19/05 SELL (6,075) 0.56
------------------------ ---------------------------- --------------------------------- -----------------------------------
3/14/06 SELL (9,613) 0.16
------------------------ ---------------------------- --------------------------------- -----------------------------------
3/15/06 SELL (144,191) 0.10
------------------------- ---------------------------- --------------------------------- -----------------------------------
3/16/06 SELL (194,657) 0.09
------------------------ ---------------------------- --------------------------------- -----------------------------------
3/17/06 SELL (93,724) 0.10
------------------------ ---------------------------- --------------------------------- -----------------------------------
3/20/06 SELL (6,075) 0.08
------------------------ ---------------------------- --------------------------------- -----------------------------------
SCHEDULE C
(Transactions by QDOFM in Common Stock
since the filing of the Original 13D)
Date Transaction Shares Price Per Share($)
---- ----------- ------ ------------------
------------------------ ---------------------------- --------------------------------- -----------------------------------
9/8/05 SELL (387) 1.71
------------------------ ---------------------------- --------------------------------- -----------------------------------
9/14/05 SELL (5,809) 1.21
------------------------ ---------------------------- --------------------------------- -----------------------------------
9/15/05 SELL (11,864) 1.37
------------------------ ---------------------------- --------------------------------- -----------------------------------
12/9/05 SELL (387) 0.70
------------------------ ---------------------------- --------------------------------- -----------------------------------
12/14/05 SELL (5,809) 0.49
------------------------ ---------------------------- --------------------------------- -----------------------------------
12/15/05 SELL (7,843) 0.47
------------------------ ---------------------------- --------------------------------- -----------------------------------
12/16/05 SELL (3,776) 0.47
------------------------ ---------------------------- --------------------------------- -----------------------------------
12/19/05 SELL (245) 0.56
------------------------ ---------------------------- --------------------------------- -----------------------------------
3/14/06 SELL (387) 0.16
------------------------ ---------------------------- --------------------------------- -----------------------------------
3/15/06 SELL (5,809) 0.10
------------------------ ---------------------------- --------------------------------- -----------------------------------
3/16/06 SELL (7,843) 0.09
------------------------ ---------------------------- --------------------------------- -----------------------------------
3/17/06 SELL (3,776) 0.10
------------------------ ---------------------------- --------------------------------- -----------------------------------
3/20/06 SELL (245) 0.08
------------------------ ---------------------------- --------------------------------- -----------------------------------
SCHEDULE D
(Transactions by the Controlling Reporting Persons
in Common Stock since the filing of the Original 13D)
Date Transaction Shares Price Per Share($)
---- ----------- ------ ------------------
------------------------ ---------------------------- --------------------------------- -----------------------------------
9/8/05 SELL (10,000) 1.71
------------------------ ---------------------------- --------------------------------- -----------------------------------
9/14/05 SELL (150,000) 1.21
------------------------ ---------------------------- --------------------------------- -----------------------------------
9/15/05 SELL (306,320) 1.37
------------------------ ---------------------------- --------------------------------- -----------------------------------
12/9/05 SELL (10,000) 0.70
------------------------ ---------------------------- --------------------------------- -----------------------------------
12/14/05 SELL (150,000) 0.49
------------------------ ---------------------------- --------------------------------- -----------------------------------
12/15/05 SELL (202,500) 0.47
------------------------ ---------------------------- --------------------------------- -----------------------------------
12/16/05 SELL (97,500) 0.47
------------------------ ---------------------------- --------------------------------- -----------------------------------
12/19/05 SELL (6,320) 0.56
------------------------ ---------------------------- --------------------------------- -----------------------------------
3/14/06 SELL (10,000) 0.16
------------------------ ---------------------------- --------------------------------- -----------------------------------
3/15/06 SELL (150,000) 0.10
------------------------ ---------------------------- --------------------------------- -----------------------------------
3/16/06 SELL (202,500) 0.09
------------------------ ---------------------------- --------------------------------- -----------------------------------
3/17/06 SELL (97,500) 0.10
------------------------ ---------------------------- --------------------------------- -----------------------------------
3/20/06 SELL (6,320) 0.08
------------------------ ---------------------------- --------------------------------- -----------------------------------