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 | ||||
Warrants (right to buy) | 07/30/2009 | 07/30/2014 | Common Stock | 431,034 | $ 1.16 | D (1) | Â |
Warrants (right to buy) | 02/25/2010 | 08/25/2014 | Common Stock | 200,000 | $ 1.78 | D (1) | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Rockall Emerging Markets Master Fund Ltd C/O MELDRUM ASSET MANAGEMENT, LLC 570 LEXINGTON AVENUE NEW YORK, NY 10022 |
 |  |  | May be deemed 10% group member |
O'Driscoll Conor C/O MELDRUM ASSET MANAGEMENT, LLC 570 LEXINGTON AVENUE NEW YORK, NY 10022 |
 |  |  | May be deemed 10% group member |
Egan Con C/O MELDRUM ASSET MANAGEMENT, LLC 570 LEXINGTON AVENUE NEW YORK, NY 10022 |
 |  |  | May be deemed 10% group member |
Meldrum Asset Management, LLC 570 LEXINGTON AVENUE NEW YORK, NY 10022 |
 |  |  | May be deemed 10% group member |
Rockall Emerging Markets Master Fund, Ltd., By: MELDRUM ASSET MANAGEMENT, LLC Its Investment Manager - /s/ Con Egan (Con Egan, Principal) | 03/24/2010 | |
**Signature of Reporting Person | Date | |
By: MELDRUM ASSET MANAGEMENT, LLC - /s/ Con Egan (Con Egan, Principal) | 03/24/2010 | |
**Signature of Reporting Person | Date | |
/s/ Con Egan | 03/24/2010 | |
**Signature of Reporting Person | Date | |
/s/ Conor O'Driscoll | 03/24/2010 | |
**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) | This Form 3 is being jointly filed by Rockall Emerging Markets Master Fund Limited (the "Fund"), Meldrum Asset Management, LLC ("Meldrum"), and Messrs. Con Egan and Conor O'Driscoll, who may be deemed members of a "group" with George Haywood and Cheryl Haywood for purposes of Section 13(d) of the Securities Exchange Act. The securities reported in this Form 3 are directly owned by the Fund and are indirectly owned by Meldrum, by virtue of it being the Fund's investment manager, and by Messrs. Con Egan and Conor O'Driscoll by virtue of their positions as managers of Meldrum. |