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 | ||||
Unsecured convertible note, 6/23/2006 | Â (2) | Â (2) | Common stock | 190,000 (2) | $ 0.1 | I | By Eardley Holding A.G. (1) |
Secured convertible note, 6/15/2009 | Â (3) | Â (3) | Common stock | 143,000 | $ 0.8 | I | By Eardley Holding A.G. (1) |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Staehelin Thomas ROUTE DE LA CORNICHE, 4 EPALINGES, V8 CH-1066 |
 X |  |  |  |
/s/ Thomas Staehelin | 12/20/2010 | |
**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) | Mr. Staehelin is the sole owner of Eardley Holding A.G. |
(2) | The unsecured convertible note was issued on 6/23/2006 in the original principal amount of $190,000. This note bears interest at the rate of 10% per annum. Principal and accrued interest are convertible into shares of common stock at any time at a conversion price of $0.10 per share. This note matures upon the earlier of (i) the date the Issuer has sufficient revenues to pay or (ii) upon an event of default. |
(3) | The secured convertible note was issued on 6/15/2009 in the original principal amount of $143,000. This note bears interest at the rate of 10% per annum. Principal and accrued interest are convertible into shares of common stock at any time at a conversion price of $0.10 per share. This note matures upon the earlier of (i) the date the Issuer has sufficient revenues to pay or (ii) upon an event of default. The note is secured by shares of Bestewil Holding BV, the company that owned all the issued and outstanding shares of Mymetics BV, formerly Virosome Biologicals BV. |