3: Statement of changes in beneficial ownership of securities
Published on July 2, 2012
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 |
Reporting Owners
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Stetson John 347 N. NEW RIVER DRIVE EAST #2904 FORT LAUDERDALE, FL 33301 |
X | President and COO |
Signatures
/s/ John Stetson | 07/02/2012 | |
**Signature of Reporting Person | Date |
Explanation of Responses:
* | 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 237,500 shares of Common Stock held by Stetson Capital Investments, Inc. and 75,000 shares of Common Stock held by HS Contrarian Investments, LLC. Mr. Stetson is the President of Stetson Capital Investments, Inc. and holds voting and dispositive power over the shares held by Stetson Capital Investments, Inc. and is the Managing Member of HS Contrarian Investments, LLC and holds voting and dispositive power over the shares held by HS Contrarian Investments LLC. |