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 | ||||
Warrant (Right to Buy) | 11/13/2007 | 11/13/2012 | Common Stock | 833,334 | $ 1 | I | Shares held by R3 (1) |
Warrant (Right to Buy) | 11/13/2007 | 11/13/2012 | Common Stock | 833,333 | $ 1.5 | I | Shares held by R3 (1) |
Warrant (Right to Buy) | 11/13/2007 | 11/13/2012 | Common Stock | 1,250,000 | $ 1 | I | Shares held by RUSGIT (1) |
Warrant (Right to Buy) | 11/13/2007 | 11/13/2012 | Common Stock | 1,250,000 | $ 1.5 | I | Shares held by RUSGIT (1) |
Warrant (Right to Buy) | 11/13/2007 | 11/13/2012 | Common Stock | 625,000 | $ 1 | I | Shares held by USSO (1) |
Warrant (Right to Buy) | 11/13/2007 | 11/13/2012 | Common Stock | 625,000 | $ 1.5 | I | Shares held by USSO (1) |
Warrant (Right to Buy) | 11/13/2007 | 11/13/2012 | Common Stock | 625,000 | $ 1 | I | Shares held by PRENN (1) |
Warrant (Right to Buy) | 11/13/2007 | 11/13/2012 | Common Stock | 625,000 | $ 1.5 | I | Shares held by PRENN (1) |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
PEARSON ROBERT C 8080 N. CENTRAL EXPRESSWAY SUITE 210 DALLAS, TX 75206 |
 X |  |  |  |
RENAISSANCE CAPITAL GROWTH & INCOME FUND III INC C/O RENN CAPITAL GROUP 8080 N. CENTRAL EXPRESSWAY, SUITE 210 DALLAS, TX 75206 |
 |  X |  |  |
RENAISSANCE US GROWTH INVESTMENT TRUST PLC C/O RENN CAPITAL GROUP 8080 N. CENTRAL EXPRESSWAY, SUITE 210 DALLAS, TX 75206 |
 |  X |  |  |
Robert Pearson | 11/23/2007 | |
**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) | Robert Pearson is an executive officer of RENN Capital Group, Inc. which serves as the investment adviser to R3, RUSGIT, USSO and PRENN and may therefore be considered beneficial owner of such shares. Reporting person disclaims such beneficial ownership. |