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) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Warrant to Purchase Common Stock
|
05/20/2010 |
05/20/2013 |
Common Stock
|
2,142,856
(1)
|
$
0.21
|
D
|
Â
|
Warrant to Purchase Common Stock
|
05/20/2010 |
05/20/2013 |
Common Stock
|
1,503,570
(2)
|
$
0.21
|
I
|
See Footnote
(2)
|
* |
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) |
Ownership: Michael & Betsy Brauser TBE purchased 1,785,714 shares of common stock and was issued an immediately exercisable warrant to acquire 1,785,714 additional shares at $0.21 per share; Betsy Brauser Third Amended Trust Agreement ( beneficially owned by the spouse and disclaimed by the Reporting Person) purchased 357,142 shares of common stock and was issued an immediately exercisable warrant to acquire 357,142 additional shares of common stock at $0.21 per share |
(2) |
Ownership: Grander Holdings, Inc 401K profit Sharing Plan( Of which, the Reporting Person is Trustee) purchased 314,285 shares of commons stock and was issued an immediately exercisable warrant to acquire 314,285 additional shares at $0.21 per share. Brauser 2010 GRAT( of which, the Reporting Person is trustee) purchased 342,857 shares of common stock and was issued an immediately exercisable warrant to acquire 342,857 additional shares at $0.21 per share. BMB Holdings, LLLP (of which, the Reporting Person is the Manager of its General Partner) purchased 846,428 shares of common stock and was issued an immediately exercisable warrant to acquire 846,428 additional shares at $0.21 per share. |