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 | ||||
Series F Preferred Shares (1) | 12/31/2001 | Â (1) | Common Shares | 2,000,000 | $ 0 (1) | D | Â |
Series F Warrants (1) | 12/31/2001 | 10/31/2006 | Common Shares | 1,000,000 | $ 0.375 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
VILLIGER WALTER PARADIESSTRASSE 25 CH 8645, JONA, V8 00000 |
 |  X |  |  |
/s/ WALTER VILLIGER | 04/29/2013 | |
**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) | On December 31, 2001, the reporting person participated in a private placement unit offering by the Issuer, purchasing 2,500 Series F units at a purchase price of $200.01 per unit. Each unit consisted of 2 shares of Series F preferred stock, having no expiration date, and 1 Series F purchase warrant. Each share of Series F preferred stock is convertible at any time into 400 shares of common stock of the Issuer. Each Series F warrant is convertible into 400 shares of common stock of the Issuer at $0.375 per share through October 31, 2006. In the event the closing price for the Issuer???s common stock is $0.75 or greater for 10 consecutive trading days, the Series F preferred stock shall automatically be converted into common stock. |