Filed
Pursuant to Rule
424(b)(3)
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Registration
No.
333-144325
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1)
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Updates
the table under the heading “Selling Security Holders” and related
footnotes to reflect the purchase by Gemini Master Fund, Ltd. of
all of
the warrants held by Grey K Offshore Fund, Ltd., Grey K Fund LP and
Grey K
Offshore Leveraged Fund, Ltd.
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Name
of Selling Security Holders
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Number
of
Shares
Owned
Before
Offering
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Number
of
Shares
Being
Offered
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Number
of
Shares
Owned
After
Offering
(1)
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Percentage
Owned
After
Offering
(2)
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Gemini
Master Fund, Ltd. (3)
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4,589,940
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4,308,007
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281,933
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*
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Grey
K Offshore Fund, Ltd. (4)
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1,458,452
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1,372,956
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85,496
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*
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Grey
K Fund, LP (5)
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586,783
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552,385
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34,398
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*
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Grey
K Offshore Leveraged Fund, Ltd. (6)
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301,115
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283,463
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17,651
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*
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Diversified
Equity Funding, L.P. (7)
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2,383,820
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198,000
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2,185,820
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4.3
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%
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Diversified
Strategies Fund, LLC (8)
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309,320
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66,000
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243,320
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*
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HES
Gift Trust (9)
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3,744,486
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1,166,000
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2,578,486
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5.0
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%
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Wendy
Spatz (10)
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172,310
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49,500
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122,810
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*
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Joseph
S. Gottlieb
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121,000
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121,000
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0
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*
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Marleen
Mulder (11)
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185,000
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143,000
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42,000
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*
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Randal
Ames Churchill (12)
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263,000
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143,000
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120,000
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*
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Raymond
J. Markman (13)
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110,000
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110,000
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0
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*
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The
Banks Group LLC (14)
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3,781,297
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1,339,130
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2,442,167
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4.8
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%
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Thomas
Heidemann (15)
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1,125,000
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1,100,000
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25,000
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*
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William
Courtright (16)
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640,000
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55,000
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585,000
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1.2
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%
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TOTAL
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19,771,523
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11,007,442
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8,764,081
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(1)
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Assumes
that all shares will be resold by the selling stockholders after
this
offering.
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(2)
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Percentage
based upon 49,427,424 shares of common stock outstanding as of September
19, 2007.
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(3)
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Includes
2,682,256 shares representing 130% of the shares of common stock
underlying the Convertible Notes, 772,201 shares representing 130%
of the
shares of common stock underlying the Warrants exercisable at $0.80
per
share, 514,800 shares representing 130% of the shares of common stock
underlying the Warrants exercisable at $1.20 per share, 110,000 shares
of
common stock underlying warrants exercisable at $1.36 per share,
and
260,000 shares representing 130% of the shares of common stock underlying
warrants exercisable at $1.10 per share. The Investment Manager
of Gemini Master Fund, Ltd. is Gemini Strategies, LLC. The
Managing Member of Gemini Strategies, LLC is Mr. Steven W.
Winters. As such, Mr. Winters may be deemed beneficial owner of
the shares; however, Mr. Winters disclaims beneficial ownership of
such
shares.
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(4)
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Includes
1,333,796 shares representing 130% of the shares of common stock
underlying the Convertible Notes. The natural person with voting
and
investment decision power for the selling stockholder is Robert
Koltun.
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(5)
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Includes
536,630 shares representing 130% of the shares of common stock underlying
the Convertible Notes. The natural person with voting and investment
decision power for the selling stockholder is Robert
Koltun.
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(6)
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Includes
275,378 shares representing 130% of the shares of common stock underlying
the Convertible Notes. The natural person with voting and investment
decision power for the selling stockholder is Robert
Koltun.
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(7)
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Includes
198,000 shares of common stock underlying warrants exercisable at
$1.20
per share which are being offered for sale and 1,243,000 shares of
common
stock underlying warrants exercisable at $1.20 per share which are
not
being offered for sale. The natural person with voting and
investment decision power for the selling stockholder is Sonya
Stay.
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(8)
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Includes
66,000 shares of common stock underlying warrants exercisable at
$1.20 per
share which are being offered for sale. The natural person with
voting and investment decision power for the selling stockholder
is Sonya
Stay.
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(9)
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Includes
3,562,000 shares of common stock underlying warrants exercisable
at $1.20
per share, of which 1,166,000 shares are being offered for
sale. The natural person with voting and investment decision
power for the selling stockholder is Sonya Stay.
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(10)
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Includes
49,500 shares of common stock underlying warrants exercisable at
$1.20 per
share which are being offered for sale.
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(11)
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Includes
33,000 shares of common stock underlying warrants exercisable at
$1.20 per
share which are being offered for sale.
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(12)
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Includes
33,000 shares of common stock underlying warrants exercisable at
$1.20 per
share which are being offered for sale.
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(13)
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Includes
110,000 shares of common stock underlying warrants exercisable at
$1.20
per share which are being offered for sale.
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(14)
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Includes
2,200,000 shares of common stock underlying warrants exercisable
at $1.20
per share, of which 1,100,000 shares are being offered for
sale. The natural person with voting and investment decision
power for the selling stockholder is Jeffrey G. Banks.
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(15)
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Includes
1,100,000 shares of common stock underlying warrants exercisable
at $1.75
per share which are being offered for sale.
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(16)
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Includes
55,000 shares of common stock underlying warrants exercisable at
$1.20 per
share which are being offered for
sale.
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