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 |
Warrants (right to buy)
(1)
|
12/28/2007 |
12/28/2012 |
Common Stock
|
104,167
|
$
0.48
|
D
|
Â
|
Series A-2 Preferred Stock
(2)
|
Â
(5)
|
Â
(5)
|
Common Stock
|
1,320,636
|
$
0.22
|
I
|
Held by Carlyle Holdings, LLC
|
Warrants (right to buy)
(2)
|
05/01/2009 |
01/03/2012 |
Common Stock
|
673,785
|
$
0.49
|
I
|
Held by Carlyle Holdings, LLC
|
Series A-2 Preferred Stock
(2)
|
Â
(5)
|
Â
(5)
|
Common Stock
|
3,294,539
|
$
0.22
|
I
|
Held by Carlyle Liquid, LLC
(3)
|
Warrants (right to buy)
(2)
|
05/01/2009 |
01/03/2012 |
Common Stock
|
1,680,885
|
$
0.49
|
I
|
Held by Carlyle Liquid, LLC
(3)
|
Series A-1 Preferred Stock
(2)
|
Â
(5)
|
Â
(5)
|
Common Stock
|
2,430,025
|
$
0.1
|
I
|
Held by Carlyle Liquid Holdings, LLC
(4)
|
Series A-2 Preferred Stock
(2)
|
Â
(5)
|
Â
(5)
|
Common Stock
|
1,963,334
|
$
0.22
|
I
|
Held by Carlyle Liquid Holdings, LLC
(4)
|
Warrants (right to buy)
(2)
|
05/01/2009 |
01/03/2012 |
Common Stock
|
2,241,509
|
$
0.49
|
I
|
Held by Carlyle Liquid Holdings, LLC
(4)
|
Warrants (right to buy)
(2)
|
05/01/2009 |
01/03/2012 |
Common Stock
|
1,347,569
|
$
0.49
|
D
|
Â
|
Series A-2 Preferred Stock
(2)
|
Â
(5)
|
Â
(5)
|
Common Stock
|
2,641,250
|
$
0.22
|
D
|
Â
|
Series A-1 Preferred Stock
|
Â
(5)
|
Â
(5)
|
Common Stock
|
500,000
|
$
0.1
|
D
|
Â
|
Warrants (right to buy)
|
11/01/2009 |
10/30/2014 |
Common Stock
|
255,103
|
$
0.49
|
D
|
Â
|
* |
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) |
Acquired as placement agent commission in connection with a note financing transaction by registrant that closed on December 28, 2007. |
(2) |
Acquired in connection with a note financing transaction by registrant that closed on May 1, 2009. |
(3) |
Although the reporting person possesses shared voting and investment power over all shares owned by Carlyle Liquid, LLC, his actual pecuniary interest (through his percentage ownership in such entities) is limited to the number of shares set forth in this form. |
(4) |
Although the reporting person possesses shared voting and investment power over all shares owned by Carlyle Liquid Holdings, LLC, his actual pecuniary interest (through his percentage ownership in such entities) is limited to the number of shares set forth in this form. |
(5) |
Each share of Series A Preferred Stock is convertible into shares of common stock at the time and under the circumstances described in the Certificate of Designations, Preferences and Rights for Series A Preferred Stock. The Series A Preferred Stock has no expiration date. |