CUSIP
No. 04315D400
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1.
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Names
of Reporting Persons.
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I.R.S.
Identification Nos. of above persons (entities only).
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Octavio
Herrera
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2.
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Check
the Appropriate Box if a Member of a Group (See
Instructions)
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(a)
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¨
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(b)
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¨
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3.
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SEC
Use
Only
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4.
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Source
of Funds (See Instructions)
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OO
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5.
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Check
if Disclosure of Legal Proceedings Is Required Pursuant to Items
2(d)
or
2(e)
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6.
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Citizenship
or Place of Organization
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United
States
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Number of
Shares
Beneficially
Owned by Each
Reporting
Person With
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7. Sole
Voting Power
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2,450,000
(1)
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8. Shared
Voting Power
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0
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9. Sole
Dispositive Power
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2,450,000
(1)
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10.
Shared Dispositive Power
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0
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11.
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Aggregate
Amount Beneficially Owned by Each Reporting
Person
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2,450,000
(1)
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12.
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Check
if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
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13.
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Percent
of Class Represented by Amount in Row (11)
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19.2%
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14.
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Type
of Reporting Person (See Instructions)
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IN
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·
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a
promissory note that is convertible into 2,250,000 shares of Common Stock
at a conversion price of $1.00 per
share;
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·
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a
warrant to purchase up to 119,758 shares of Common Stock at an exercise
price of $1.55 per share (if a cashless exercise) or $1.43 per share (if a
cash exercise), subject to an ownership limitation of 4.99%;
and
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·
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an
option to purchase up to 200,000 shares of Common Stock at an exercise
price of $3.00 per share.
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ITEM
6.
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CONTRACTS,
ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO THE
SECURITIES OF THE ISSUER.
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Date:
December 24, 2008
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/s/ Octavio
Herrera
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Octavio
Herrera
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