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 Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Trinad Capital Master Fund Ltd. 2121 AVENUE OF THE STARS, SUITE 2550 LOS ANGELES, CA 90049 |
 |  X |  |  |
ELLIN ROBERT S C/O TRINAD MANAGEMENT LLC 2121 AVENUE OF THE STARS, SUITE 2550 LOS ANGELES, CA 90067 |
 X |  X |  President and CEO |  |
Wolf Jay C/O TRINAD CAPITAL L.P. 153 E. 53RD STREET, 48TH FLOOR NEW YORK, NY 10022 |
 X |  X |  Secretary |  |
Chazen David 2121 AVENUE OF THE STARS, SUITE 2550 LOS ANGELES, CA 90067 |
 |  X |  |  |
/s/ Robert Ellin | 06/25/2007 | |
**Signature of Reporting Person | Date | |
/s/ Jay Wolf | 06/25/2007 | |
**Signature of Reporting Person | Date | |
/s/ David Chazen | 06/25/2007 | |
**Signature of Reporting Person | Date | |
Trinad Capital Master Fund, Ltd. By: Jay Wolf, Managing Director of Trinad Management, LLC, the Manager of Trinad Capital Master Fund Ltd. /s/ Jay A.Wolf | 06/25/2007 | |
**Signature of Reporting Person | Date | |
Trinad Management, LLC By: Robert S. Ellin, Managing Member /s/ Robert S. Ellin | 06/25/2007 | |
**Signature of Reporting Person | Date | |
Trinad Capital LP By:Trinad Advisors II, LLC, its General Partner, By Robert S. Ellin, Managing Member /s/ Robert S. Ellin | 06/25/2007 | |
**Signature of Reporting Person | Date | |
Trinad Advisors II, LLC By: Robert S. Ellin, Managing Member /s/ Robert S. Ellin | 06/25/2007 | |
**Signature of Reporting Person | Date | |
Trinad Capital International, Ltd. By: Jay Wolf, Managing Director of Trinad Management, LLC, the Manager of Trinad Capital International, Ltd. /s/ Jay A. Wolf | 06/25/2007 | |
**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) | The shares may be deemed to beneficially owned by Robert S. Ellin a director, the president and Chief Executive Officer of the issuer and the managing member of Trinad Management LLC and a managing member of Trinad Advisors II, LLC. |
(2) | The shares may be deemed to beneficially owned by Jay A. Wolf, the secretary of issuer, a managing director of Trinad Management, LLC and managing director of Trinad Advisors II, LLC. Additionally, Jay A. Wolf will become a director of the issuer 10 days after the filing of Form 14f-1, as filed on June 15, 2007. |
(3) | The shares may be deemed to beneficially owned by David Chazen, a member of Trinad Management, LLC and Trinad Advisors II, LLC |
(4) | Each such reporting person disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended |
(5) | The shares may be deemed to beneficially owned by Trinad Management, LLC, the investment manager of Trinad Capital Master Fund Ltd; Trinad Capital LP a principal stockholder of Trinad Capital Master Fund, Ltd.; Trinad Advisors II, LLC, the general partner of Trinad Capital LP; Trinad Capital International, Ltd., a stockholder of Trinad Capital Master Fund, Ltd |