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 |
|
| ||||||||||||||||||||||||||||||
|
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) |
||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Warrant | 03/14/2008 | 03/14/2013 | Common Stock | 1,560,062 | $ 0.01 (1) | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Gelbaum David 1835 NEWPORT BLVD., A109-PMB 467 COSTA MESA,, CA 92627 |
 X |  X |  |  |
Quercus Trust 1835 NEWPORT BLVD., A109-PMB 467 COSTA MESA,, CA 92627 |
 |  X |  |  |
Gelbaum Monica Chavez 1835 NEWPORT BLVD., A109-PMB 467 COSTA MESA,, CA 92627 |
 |  X |  |  |
/s/ David Gelbaum, Co-Trustee, The Quercus Trust | 01/13/2010 | |
**Signature of Reporting Person | Date | |
/s/ David Gelbaum, as attorney-in-fact for Monica Chavez Gelbaum, Co-Trustee, The Quercus Trust | 01/13/2010 | |
**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) | In consideration of the Reporting Persons' agreement to purchase a certain number of shares from Diker Management LLC, the terms of which are described more fully in the Issuer's Form 8-K filed with the SEC on January 7, 2010, the Issuer agreed on December 30, 2009 to reduce the exercise price of the Warrant to $0.01 per share. |