1
|
NAME
OF REPORTING PERSON
KINGSTOWN
CAPITAL PARTNERS
LLC
|
||
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) o
(b) o
|
|
3
|
SEC
USE ONLY
|
||
4
|
SOURCE
OF FUNDS
WC
|
||
5
|
CHECK
BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM
2(d)
OR 2(e)
|
¨
|
|
6
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
DELAWARE
|
||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7
|
SOLE
VOTING POWER
153,000
|
|
8
|
SHARED
VOTING POWER
-
0 -
|
||
9
|
SOLE
DISPOSITIVE POWER
153,000
|
||
10
|
SHARED
DISPOSITIVE POWER
-
0 -
|
||
11
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
153,000
|
||
12
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES
|
¨
|
|
13
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.3%
|
||
14
|
TYPE
OF REPORTING PERSON
OO
|
1
|
NAME
OF REPORTING PERSON
HUDSON
STREET CAPITAL MANAGEMENT
LLC
|
||
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) o
(b) o
|
|
3
|
SEC
USE ONLY
|
||
4
|
SOURCE
OF FUNDS
WC
|
||
5
|
CHECK
BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d)
OR 2(e)
|
¨
|
|
6
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
DELAWARE
|
||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7
|
SOLE
VOTING POWER
419,250
|
|
8
|
SHARED
VOTING POWER
-
0 -
|
||
9
|
SOLE
DISPOSITIVE POWER
419,250
|
||
10
|
SHARED
DISPOSITIVE POWER
-
0 -
|
||
11
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
419,250
|
||
12
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES
|
¨
|
|
13
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.6%
|
||
14
|
TYPE
OF REPORTING PERSON
OO
|
1
|
NAME
OF REPORTING PERSON
MICHAEL
BLITZER
|
||
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) o
(b) o
|
|
3
|
SEC
USE ONLY
|
||
4
|
SOURCE
OF FUNDS
PF
|
||
5
|
CHECK
BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM
2(d)
OR 2(e)
|
¨
|
|
6
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
USA
|
||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7
|
SOLE
VOTING POWER
167,800
|
|
8
|
SHARED
VOTING POWER
-
0 -
|
||
9
|
SOLE
DISPOSITIVE POWER
167,800
|
||
10
|
SHARED
DISPOSITIVE POWER
-
0 -
|
||
11
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
167,800
|
||
12
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES
|
¨
|
|
13
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.4%
|
||
14
|
TYPE
OF REPORTING PERSON
IN
|
1
|
NAME
OF REPORTING PERSON
GUY
SHANON
|
||
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) o
(b) o
|
|
3
|
SEC
USE ONLY
|
||
4
|
SOURCE
OF FUNDS
PF
|
||
5
|
CHECK
BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM
2(d)
OR 2(e)
|
¨
|
|
6
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
USA
|
||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7
|
SOLE
VOTING POWER
421,700
|
|
8
|
SHARED
VOTING POWER
-
0 -
|
||
9
|
SOLE
DISPOSITIVE POWER
421,700
|
||
10
|
SHARED
DISPOSITIVE POWER
-
0 -
|
||
11
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
421,700
|
||
12
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES
|
¨
|
|
13
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.6%
|
||
14
|
TYPE
OF REPORTING PERSON
IN
|
Item
1.
|
Security
and Issuer.
|
Item
2.
|
Identity
and Background.
|
Item
3.
|
Source
and Amount of Funds or Other
Consideration.
|
Item
4.
|
Purpose
of Transaction.
|
Item
5.
|
Interest
in Securities of the Issuer.
|
|
(e)
|
Not
applicable.
|
Item
6.
|
Contracts,
Arrangements, Understandings or Relationships With Respect to Securities
of the Issuer.
|
Item
7.
|
Material
to be Filed as Exhibits.
|
|
99.1
|
Joint
Filing Agreement by and among Kingstown Capital Partners LLC, Hudson
Street Capital Management LLC, Michael Blitzer and Guy Shanon,
dated
January 14, 2008.
|
Dated: January
14, 2008
|
KINGSTOWN
CAPITAL PARTNERS LLC
|
|
By:
|
/s/
Michael Blitzer
|
|
Michael
Blitzer
Managing
Partner
|
HUDSON
STREET CAPITAL MANAGEMENT LLC
|
||
By:
|
/s/
Guy Shanon
|
|
Guy
Shanon
Managing
Partner
|
/s/
Michael Blitzer
|
|
MICHAEL
BLITZER
|
/s/
Guy Shanon
|
|
GUY
SHANON
|
Class
of
Security
|
Securities
Purchased
/ (Sold)
|
Price
Per
Share
($)
|
Date
of
Purchase
/ Sale
|
Common
Stock
|
8,000
|
$2.26
|
11/30/07
|
|
Common
Stock
|
6,000
|
$2.32
|
12/03/07
|
|
Common
Stock
|
5,000
|
$2.29
|
12/04/07
|
|
Common
Stock
|
2,500
|
$2.25
|
12/10/07
|
|
Common
Stock
|
500
|
$2.60
|
12/28/07
|
|
Common
Stock
|
500
|
$2.60
|
12/31/07
|
|
Common
Stock
|
1,000
|
$2.50
|
1/02/08
|
|
Common
Stock
|
2,000
|
$2.50
|
1/04/08
|
|
Common
Stock
|
500
|
$2.50
|
1/10/08
|
Common
Stock
|
200
|
$2.90
|
12/31/07
|
|
Common
Stock
|
250
|
$2.90
|
12/31/07
|