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 | ||||
Series A Warrant to Purchase Common Stock (3) | Â (2) | 12/04/2011 | Common Stock, $0.001 par value per share | 364,178 | $ 1.5 | I (1) | By Vicis Capital Master Fund |
Series B Warrant to Purchase Common Stock (4) | Â (2) | 03/07/2011 | Common Stock, $0.001 par value per share | 6,000,000 | $ 1.5 | I (1) | By Vicis Capital Master Fund |
See Footnote (5) | Â (5) | Â (5) | See Footnote (5) | (5) | $ 0 | I (5) | See Footnote (5) |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Vicis Capital, LLC 126 EAST 56TH STREET, TOWER 56, SUITE 70 NEW YORK, NY 10022 |
 |  X |  |  |
Vicis Capital Master Fund 126 EAST 56TH STREET, TOWER 56, SUITE 70 NEW YORK, NY 10022 |
 |  X |  |  |
/s/ Keith Hughes, Authorized Representative of Vicis Capital LLC and Vicis Capital Master Fund | 04/11/2008 | |
**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) | Represents the indirect holdings of Vicis Capital LLC. All of the foregoing represents securities held directly by Vicis Capital Master Fund. Vicis Capital LLC acts as investment advisor to Vicis Capital Master Fund and therefore has voting and dispositive power over all the foregoing shares. For the purposes of Rule 13d-3 under the Securities Exchange Act of 1934, as amended, Vicis Capital LLC may be deemed to be the beneficial owner of, but hereby disclaims such beneficial ownership of, the foregoing shares. |
(2) | Immediately. |
(3) | Represents holdings inadvertently omitted from the Form 3 filed by Vicis Capital Master Fund and Vicis Capital LLC on April 3, 2008 with respect to the Issuer. |
(4) | Represents holdings inadvertently omitted from the Form 3 filed by Vicis Capital Master Fund and Vicis Capital LLC on April 3, 2008 with respect to the Issuer. |
(5) | The Form 3 filed by Vicis Capital Master Fund and Vicis Capital LLC with respect to the Issuer on April 3, 2008 indicated that Vicis held a warrant to purchase 250,000 shares of the Issuer's common stock at an exercise price of $2.25 with an expiration date of July 23, 2012. Vicis Capital Master Fund did not acquire this warrant until January 18, 2008. |