|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN 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 |
|
| |||||||||||||||||||||||||||||
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
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. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Convertible Note | $ 1.2 (1) | 06/09/2017 | 06/09/2017 | J(1) | 2,800,132 | 06/15/2015 | 05/29/2021 | Common Stock | 2,800,132 | (1) | 2,800,132 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
LONGVIEW FUND LP 1325 HOWARD AVENUE, SUITE 217 BURLINGAME, CA 94010 |
X |
/s/ Merrick Okamoto, President of Viking Asset Management LLC, as Investment Manager for The Longview Fund L.P. | 08/16/2017 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(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) | Settlement of a February, 2009 note with Sileas Corp. in the original principal amount of $13,524,405. Upon conversion by Reporting Person of $3,358,538 of the amount due under the note into shares of the Company's common stock owned by Sileas and previously pledged to the Reporting Person as security with respect to the note. Simultaneously therewith, Sileas made a cash payment of $250,000 to the Reporting Person and Reporting Person agreed to satisfy $10,571,791 of the note. The remaining balance of $64,000 is payable quarterly commencing 6/30/17. |