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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN 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. | |||
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. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Special warrants (right to buy) (1) | (2) | 12/21/2007 | C | 187,500 | (2) | 12/21/2007 | Common Stock | 281,250 | (2) | 0 | D | ||||
Warrants (right to buy) (2) | $ 1.1 | 12/21/2007 | C | 93,750 | 12/21/2007 | 06/05/2012 | Common Stock | 93,750 | (2) | 93,750 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Harvey T Sean 1 WEST WETMORE ROAD, SUITE 203 TUCSON, AZ 85705 |
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/s/ T. SEAN HARVEY | 12/31/2007 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(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) | Special warrants convertible into one common shares and one-half of one common stock warrant (right to buy). |
(2) | On June 5, 2007, the reporting person acquired by private placement 187,500 special warrants of the Issuer, at a price of $0.75 per special warrant. Each special warrant was convertible into one common share and one-half of one common share purchase warrant for no additional consideration. Each special warrant was convertible at any time after 180 days from closing on June 5, 2007, and was subject to automatic conversion in certain circumstances. The special warrants converted automatically on December 21, 2007. Each warrant entitles the holder to acquire an additional common share at an exercise price of $1.10 for a period of five years from June 5, 2007. |