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 to Purchase Common Stock | 05/20/2010 | 05/20/2013 | Common Stock | 6,750,002 (2) | $ 0.21 | I | See Footnote 1. |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
FROST PHILLIP MD ET AL 4400 BISCAYNE BOULEVARD MIAMI, FL 33137 |
 |  X |  |  |
Frost Gamma Investments Trust 4400 BISCAYNE BOULEVARD MIAMI, FL 33137 |
 |  X |  |  |
/s/ Phillip Frost, M.D., Individually and as Trustee of Frost Gamma Investments Trust | 05/28/2010 | |
**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) | These securities are held by Frost Gamma Investments Trust, of which the Reporting Person is the trustee. The Reporting Person is one of two limited partners of Frost Gamma Limited Partnership ("FGLP"). The general partner of FGLP is Frost Gamma, Inc. ("FGI"), and the sole shareholder of FGI is Frost-Nevada Corporation, of which the Reporting Person is the sole shareholder. |
(2) | On May 20, 2010, Frost Gamma Investments Trust purchased 6,750,002 shares of common stock and was issued an immediately exercisable warrant to acquire an additional 6,750,002 shares of common stock exercisable at $0.21 per share. See also Footnote 1. |