SECURITIES & EXCHANGE COMMISSION
                             Washington, D.C. 20549
                             ----------------------

                                 SCHEDULE 13G/A

                    Under the Securities Exchange Act of 1934
                               (Amendment No. 1 )*

                                 Cryolife, Inc.
                                (Name of Issuer)

                                  Common Stock
                         (Title of Class of Securities)

                                    228903100
                                 (CUSIP Number)

                                 March 15, 2005
             (Date of event which requires filing of this statement)


     Check the appropriate box to designate the rule pursuant to which this
Schedule 13G is filed:


     [ ]  Rule 13d-1(b)
     [X]  Rule 13d-1(c)
     [ ]  Rule 13d-1(d)



     *The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.

     The information required in the remainder of this cover page shall not be
deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act
of 1934 ("Act") or otherwise subject to the liabilities of that section of the
Act but shall be subject to all other provisions of the Act (however, see the
Notes).



                           (Page 1 of 17 Pages)





CUSIP No. 228903100                 13G/A                  Page 2 of 17 Pages

----------------------------------------------------------------------------
     (1)    NAMES OF REPORTING PERSONS
            I.R.S. IDENTIFICATION NO.
            OF ABOVE PERSONS (ENTITIES ONLY)
                                                 O.S.S. Capital Management LP
-----------------------------------------------------------------------------
     (2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
                                                                  (a)  [X]
                                                                  (b)  [ ]
-----------------------------------------------------------------------------
     (3)    SEC USE ONLY
-----------------------------------------------------------------------------
     (4)    CITIZENSHIP OR PLACE OF ORGANIZATION 
                                Delaware, USA
-----------------------------------------------------------------------------
NUMBER OF      (5)  SOLE VOTING POWER
                                                          -0-
SHARES         ______________________________________________________________

BENEFICIALLY   (6)  SHARED VOTING POWER
                          2,000,000 shares of common stock; 85,000 shares of
                          convertible preferred stock converts into 528,607
                          shares of common stock
OWNED BY       ___________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER
                                                          -0-
REPORTING      ______________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER
                          2,000,000 shares of common stock; 85,000 shares of
                          convertible preferred stock converts into 528,607
                          shares of common stock
-----------------------------------------------------------------------------
     (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                          2,000,000 shares of common stock; 85,000 shares of
                          convertible preferred stock converts into 528,607
                          shares of common stock
-----------------------------------------------------------------------------
     (10)    CHECK BOX IF THE AGGREGATE AMOUNT
             IN ROW (9) EXCLUDES CERTAIN SHARES **                       [ ]
-----------------------------------------------------------------------------
     (11)    PERCENT OF CLASS REPRESENTED BY
             AMOUNT IN ROW (9)
                  8.2% common stock + 2.2% common stock through conversion of
                  convertible preferred stock if converted = 10.4%
-----------------------------------------------------------------------------
     (12)    TYPE OF REPORTING PERSON **
                                                         PN
-----------------------------------------------------------------------------
                     ** SEE INSTRUCTIONS BEFORE FILLING OUT!





CUSIP No. 228903100                 13G/A                  Page 3 of 17 Pages

----------------------------------------------------------------------------
     (1)    NAMES OF REPORTING PERSONS
            I.R.S. IDENTIFICATION NO.
            OF ABOVE PERSONS (ENTITIES ONLY)
                                            Oscar S. Schafer & Partners I LP
-----------------------------------------------------------------------------
     (2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
                                                                  (a)  [X]
                                                                  (b)  [ ]
-----------------------------------------------------------------------------
     (3)    SEC USE ONLY
-----------------------------------------------------------------------------
     (4)    CITIZENSHIP OR PLACE OF ORGANIZATION
                                Delaware, USA
-----------------------------------------------------------------------------
NUMBER OF      (5)  SOLE VOTING POWER
                                                          -0-
SHARES         ______________________________________________________________

BENEFICIALLY   (6)  SHARED VOTING POWER
                          90,370 shares of common stock; 3,536 shares of
                          convertible preferred stock converts into 21,990
                          shares of common stock
OWNED BY       ___________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER
                                                          -0-
REPORTING      ______________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER
                          90,370 shares of common stock; 3,536 shares of
                          convertible preferred stock converts into 21,990
                          shares of common stock
-----------------------------------------------------------------------------

     (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                          90,370 shares of common stock; 3,536 shares of
                          convertible preferred stock converts into 21,990
                          shares of common stock
-----------------------------------------------------------------------------
     (10)    CHECK BOX IF THE AGGREGATE AMOUNT
             IN ROW (9) EXCLUDES CERTAIN SHARES **                       [ ]
-----------------------------------------------------------------------------
     (11)    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
                .4% common stock + .1% common stock through conversion
                of convertible preferred stock if converted =.5%
-----------------------------------------------------------------------------
     (12)    TYPE OF REPORTING PERSON **
                                                         PN
 -----------------------------------------------------------------------------
                     ** SEE INSTRUCTIONS BEFORE FILLING OUT!





CUSIP No. 228903100                 13G/A                  Page 4 of 17 Pages

----------------------------------------------------------------------------
     (1)    NAMES OF REPORTING PERSONS
            I.R.S. IDENTIFICATION NO.
            OF ABOVE PERSONS (ENTITIES ONLY)
                                            Oscar S. Schafer & Partners II LP
-----------------------------------------------------------------------------
     (2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
                                                                  (a)  [X]
                                                                  (b)  [ ]
-----------------------------------------------------------------------------
     (3)    SEC USE ONLY
-----------------------------------------------------------------------------
     (4)    CITIZENSHIP OR PLACE OF ORGANIZATION
                                        Delaware, USA
-----------------------------------------------------------------------------
NUMBER OF      (5)  SOLE VOTING POWER
                                                           -0-
SHARES         ______________________________________________________________

BENEFICIALLY   (6)  SHARED VOTING POWER
                          951,222 shares of common stock; 39,542 shares of
                          convertible preferred stock converts into 245,908
                          shares of common stock
OWNED BY       ___________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER
                                                           -0-
REPORTING      ______________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER
                          951,222 shares of common stock; 39,542 shares of
                          convertible preferred stock converts into 245,908
                          shares of common stock
-----------------------------------------------------------------------------
     (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                          951,222 shares of common stock; 39,542 shares of
                          convertible preferred stock converts into 245,908
                          shares of common stock
-----------------------------------------------------------------------------
     (10)    CHECK BOX IF THE AGGREGATE AMOUNT
             IN ROW (9) EXCLUDES CERTAIN SHARES **                       [ ]
-----------------------------------------------------------------------------
     (11)    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
                4.0% common stock + 1.0% common stock through conversion of
                convertible preferred stock if converted = 4.9%
-----------------------------------------------------------------------------
     (12)    TYPE OF REPORTING PERSON **
                                                         PN
-----------------------------------------------------------------------------
                     ** SEE INSTRUCTIONS BEFORE FILLING OUT!





CUSIP No. 228903100                 13G/A                 Page 5 of 17 Pages

----------------------------------------------------------------------------
     (1)    NAMES OF REPORTING PERSONS
            I.R.S. IDENTIFICATION NO.
            OF ABOVE PERSONS (ENTITIES ONLY)
                                                    O.S.S. Overseas Fund Ltd.
-----------------------------------------------------------------------------
     (2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
                                                                  (a)  [X]
                                                                  (b)  [ ]
-----------------------------------------------------------------------------
     (3)    SEC USE ONLY
-----------------------------------------------------------------------------
     (4)    CITIZENSHIP OR PLACE OF ORGANIZATION
                                    Cayman Islands
-----------------------------------------------------------------------------
NUMBER OF      (5)  SOLE VOTING POWER
                                                          -0-
SHARES         ______________________________________________________________

BENEFICIALLY   (6)  SHARED VOTING POWER
                          958,408 shares of common stock; 41,922 shares of
                          convertible preferred stock converts into 260,709
                          shares of common stock
OWNED BY       ___________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER
                                                          -0-
REPORTING      ______________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER
                          958,408 shares of common stock; 41,922 shares of
                          convertible preferred stock converts into 260,709
                          shares of common stock
-----------------------------------------------------------------------------
     (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                          958,408 shares of common stock; 41,922 shares of
                          convertible preferred stock converts into 260,709
                          shares of common stock
-----------------------------------------------------------------------------
     (10)    CHECK BOX IF THE AGGREGATE AMOUNT
             IN ROW (9) EXCLUDES CERTAIN SHARES **                       [ ]
-----------------------------------------------------------------------------
     (11)    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
                4.0% common stock + 1.1% common stock through conversion of
                convertible preferred stock if converted = 5.0%
-----------------------------------------------------------------------------
     (12)    TYPE OF REPORTING PERSON **
                                                         CO
-----------------------------------------------------------------------------
                     ** SEE INSTRUCTIONS BEFORE FILLING OUT!





CUSIP No. 228903100                 13G/A                Page 6 of 17 Pages

----------------------------------------------------------------------------
     (1)    NAMES OF REPORTING PERSONS
            I.R.S. IDENTIFICATION NO.
            OF ABOVE PERSONS (ENTITIES ONLY)
                                                         O.S.S. Advisors LLC
-----------------------------------------------------------------------------
     (2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
                                                                  (a)  [X]
                                                                  (b)  [ ]
-----------------------------------------------------------------------------
     (3)    SEC USE ONLY
-----------------------------------------------------------------------------
     (4)    CITIZENSHIP OR PLACE OF ORGANIZATION
                                        Delaware, USA
-----------------------------------------------------------------------------
NUMBER OF      (5)  SOLE VOTING POWER
                                                        -0-
SHARES         ______________________________________________________________

BENEFICIALLY   (6)  SHARED VOTING POWER
                          1,041,592 shares of common stock; 43,078 shares of
                          convertible preferred stock converts into 267,898
                          shares of common stock
OWNED BY       ___________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER
                                                        -0-
REPORTING      ______________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER
                          1,041,592 shares of common stock; 43,078 shares of
                          convertible preferred stock converts into 267,898
                          shares of common stock
-----------------------------------------------------------------------------
     (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                          1,041,592 shares of common stock; 43,078 shares of
                          convertible preferred stock converts into 267,898
                          shares of common stock
-----------------------------------------------------------------------------
     (10)    CHECK BOX IF THE AGGREGATE AMOUNT
             IN ROW (9) EXCLUDES CERTAIN SHARES **                       [ ]
-----------------------------------------------------------------------------
     (11)    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
                4.3% common stock + 1.1% common stock through conversion of
                convertible preferred stock if converted = 5.4%
-----------------------------------------------------------------------------
     (12)    TYPE OF REPORTING PERSON **
                                                        OO
-----------------------------------------------------------------------------
                     ** SEE INSTRUCTIONS BEFORE FILLING OUT!





CUSIP No. 228903100                 13G/A                  Page 7 of 17 Pages

----------------------------------------------------------------------------
     (1)    NAMES OF REPORTING PERSONS
            I.R.S. IDENTIFICATION NO.
            OF ABOVE PERSONS (ENTITIES ONLY)
                                                            Schafer Brothers LLC
-----------------------------------------------------------------------------
     (2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
                                                                  (a)  [X]
                                                                  (b)  [ ]
-----------------------------------------------------------------------------
     (3)    SEC USE ONLY
-----------------------------------------------------------------------------
     (4)    CITIZENSHIP OR PLACE OF ORGANIZATION
                                        Delaware, USA
-----------------------------------------------------------------------------
NUMBER OF      (5)  SOLE VOTING POWER
                                                         -0-
SHARES         ______________________________________________________________

BENEFICIALLY   (6)  SHARED VOTING POWER
                          2,000,000 shares of common stock; 85,000 shares of
                          convertible preferred stock converts into 528,607
                          shares of common stock
OWNED BY       ___________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER
                                                         -0-
REPORTING      ______________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER
                          2,000,000 shares of common stock; 85,000 shares of
                          convertible preferred stock converts into 528,607
                          shares of common stock
-----------------------------------------------------------------------------
     (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                          2,000,000 shares of common stock; 85,000 shares of
                          convertible preferred stock converts into 528,607
                          shares of common stock
-----------------------------------------------------------------------------
     (10)    CHECK BOX IF THE AGGREGATE AMOUNT
             IN ROW (9) EXCLUDES CERTAIN SHARES **                       [ ]
-----------------------------------------------------------------------------
     (11)    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
                8.2% common stock + 2.2% common stock through conversion of
                convertible preferred stock if converted = 10.4%
-----------------------------------------------------------------------------
     (12)    TYPE OF REPORTING PERSON **
                                                        OO
-----------------------------------------------------------------------------
                     ** SEE INSTRUCTIONS BEFORE FILLING OUT!





CUSIP No. 228903100                 13G/A                  Page 8 of 17 Pages

----------------------------------------------------------------------------
     (1)    NAMES OF REPORTING PERSONS
            I.R.S. IDENTIFICATION NO.
            OF ABOVE PERSONS (ENTITIES ONLY)
                                                                Oscar S. Schafer
-----------------------------------------------------------------------------
     (2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
                                                                  (a)  [X]
                                                                  (b)  [ ]
-----------------------------------------------------------------------------
     (3)    SEC USE ONLY
-----------------------------------------------------------------------------
     (4)    CITIZENSHIP OR PLACE OF ORGANIZATION
                                United States
-----------------------------------------------------------------------------
NUMBER OF      (5)  SOLE VOTING POWER
                                                          -0-
SHARES         ______________________________________________________________

BENEFICIALLY   (6)  SHARED VOTING POWER
                          2,000,000 shares of common stock; 85,000 shares of
                          convertible preferred stock converts into 528,607
                          shares of common stock
OWNED BY       ___________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER
                                                          -0-
REPORTING      ______________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER
                          2,000,000 shares of common stock; 85,000 shares of
                          convertible preferred stock converts into 528,607
                          shares of common stock
-----------------------------------------------------------------------------
     (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                          2,000,000 shares of common stock; 85,000 shares of
                          convertible preferred stock converts into 528,607
                          shares of common stock
-----------------------------------------------------------------------------
     (10)    CHECK BOX IF THE AGGREGATE AMOUNT
             IN ROW (9) EXCLUDES CERTAIN SHARES **                       [ ]
-----------------------------------------------------------------------------
     (11)    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
                8.2% common stock + 2.2% common stock through conversion of
                convertible preferred stock if converted = 10.4%
-----------------------------------------------------------------------------
     (12)    TYPE OF REPORTING PERSON **
                                                        IN
-----------------------------------------------------------------------------
                     ** SEE INSTRUCTIONS BEFORE FILLING OUT!





CUSIP No. 228903100                 13G/A                 Page 9 of 17 Pages

ITEM 1.

      (a)    NAME OF ISSUER: 
             Cryolife, Inc.

      (b)    ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
             1655 Roberts Boulevard, NW
             Kennesaw, Georgia 30144

Item 2(a).      NAME OF PERSON FILING:

          (i)  Oscar S. Schafer & Partners I LP, a Delaware limited partnership
               ("OSS I"), with respect to shares of Common Stock (as defined in
               Item 2(d) below) directly owned by it;

         (ii)  Oscar S. Schafer & Partners II LP, a Delaware limited partnership
               ("OSS II", and together with OSS I, the "Partnerships"), with
               respect to shares of Common Stock as defined in Item 2(d) below)
               directly owned by it;

        (iii)  O.S.S. Advisors LLC, a Delaware limited liability company (the
               "General Partner"), which serves as the general partner of each
               of the Partnerships, with respect to shares of Common Stock (as
               defined in Item 2(d) below) directly owned by each of the
               Partnerships;

        (iv)   O.S.S. Overseas Fund Ltd., a Cayman Islands exempted company
               ("OSS Overseas"), with respect to shares of Common Stock directly
               owned by it;

         (v)   O.S.S. Capital Management LP, a Delaware limited partnership (the
               "Investment Manager"), which serves as investment manager, and
               management company, to OSS Overseas and the Partnerships,
               respectively, and has investment discretion with respect to
               shares of Common Stock directly owned by OSS Overseas and the
               Partnerships;

        (vi)   Schafer Brothers LLC, a Delaware limited liability company (the
               "SB LLC"), which serves as the general partner to the Investment
               Manager, with respect to shares of Common Stock directly owned by
               OSS Overseas and the Partnerships; and

       (vii)   Mr. Oscar S. Schafer ("Mr. Schafer"), who serves as the senior
               managing member of the General Partner and of SB LLC, with
               respect to shares of Common Stock directly owned by OSS Overseas
               and the Partnerships.





CUSIP No. 228903100                 13G/A                 Page 10 of 17 Pages

     The Partnerships, OSS Overseas, the General Partner, the Investment
Manager, SB LLC and Mr. Schafer are hereinafter sometimes collectively referred
to as the "Reporting Persons." Any disclosures herein with respect to persons
other than the Reporting Persons are made on information and belief after making
inquiry to the appropriate party.

ITEM 2(b)   ADDRESS OF PRINCIPAL OFFICE, OR, IF NONE, RESIDENCE

            The address of the principal business offices of each of:
            (i)    Investment Manager
                        598 Madison Avenue
                        New York, NY 10022

            (ii)   OSS I
                        598 Madison Avenue
                        New York, NY 10022

            (iii)  OSS II
                        598 Madison Avenue
                        New York, NY 10022

            (iv)   OSS Overseas
                        SEI Investments Global (Cayman) Limited
                        Harbor Place, 5th Floor
                        South Church Street, P.O. Box 30464 SMB
                        Grand Cayman, Cayman Islands
                        British West Indies

            (v)    General Partner
                        598 Madison Avenue
                        New York, NY 10022

            (vi)        SB LLC
                        598 Madison Avenue
                        New York, NY 10022

            (vii)  Mr. Schafer
                        598 Madison Avenue
                        New York, NY 10022

      (c)   CITIZENSHIP
            (i)   Investment Manager - Delaware, USA
            (ii)  OSS I - Delaware, USA
            (iii) OSS II - Delaware, USA
            (iv)  OSS Overseas - Cayman Islands
            (v)   General Partner - Delaware, USA
            (vi)  SB LLC - Delaware, USA
            (vii) Mr. Schafer - New York, USA

      (d)   TITLE OF CLASS OF SECURITIES
            Common Stock, par value $0.01 per share

      (e)   CUSIP NUMBER
            228903100





CUSIP No. 228903100                 13G/A                 Page 11 of 17 Pages

Item 3. If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or
(c), check whether the person filing is a:

          (a) [ ] Broker or dealer registered under Section 15 of the Act,

          (b) [ ] Bank as defined in Section 3(a)(6) of the Act,

          (c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act,

          (d) [ ] Investment Company registered under Section 8 of the
                  Investment Company Act of 1940,

          (e) [ ] Investment Adviser in accordance with Rule 13d-1
                  (b)(1)(ii)(E),

          (f) [ ] Employee Benefit Plan or Endowment Fund in accordance with
                  13d-1 (b)(1)(ii)(F),

          (g) [ ] Parent Holding Company or control person in accordance with
                  Rule 13d-1 (b)(1)(ii)(G),

          (h) [ ] Savings Association as defined in Section 3(b) of the Federal
                  Deposit Insurance Act,

          (i) [ ] Church Plan that is excluded from the definition of an
                  investment company under Section 3(c)(14) of the Investment
                  Company Act of 1940,

          (j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J). Not
                  applicable.





CUSIP No. 228903100                 13G/A                 Page 12 of 17 Pages

ITEM 4. OWNERSHIP.

      Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.

      A. Investment Manager
             (a) Amount beneficially owned: 2,000,000 shares of common stock;
85,000 shares of convertible preferred stock converts into 528,607 shares of
common stock
             (b) Percent of class: 8.2% common stock + 2.2% common stock through
conversion of convertible preferred stock if converted = 10.4%. The percentages
used herein and in the rest of Item 4 are calculated based upon the 23,714,340
shares of Common Stock issued and outstanding as of May 2, 2005 as reported in
the Company's Form 10-Q for the quarter period ended March 31, 2005.
             (c)(i) Sole power to vote or direct the vote: -0-
                (ii) Shared power to vote or direct the vote: 2,000,000 shares
of common stock; 85,000 shares of convertible preferred stock converts into
528,607 shares of common stock
               (iii) Sole power to dispose or direct the disposition: -0-
               (iv) Shared power to dispose or direct the disposition: 2,000,000
shares of common stock; 85,000 shares of convertible preferred stock converts
into 528,607 shares of common stock

      B. OSS I
             (a) Amount beneficially owned: 90,370 shares of common stock; 3,536
shares of convertible preferred stock converts into 21,990 shares of common
stock
             (b) Percent of class: .4% common stock + .1% common stock through
conversion of convertible preferred stock if converted = .5%
             (c)(i) Sole power to vote or direct the vote: -0-
               (ii) Shared power to vote or direct the vote: 90,370 shares of
common stock; 3,536 shares of convertible preferred stock converts into 21,990
shares of common stock
              (iii) Sole power to dispose or direct the disposition: -0-
               (iv) Shared power to dispose or direct the disposition: 90,370
shares of common stock; 3,536 shares of convertible preferred stock converts
into 21,990 shares of common stock

      C. OSS II
             (a) Amount beneficially owned: 951,222 shares of common stock;
39,542 shares of convertible preferred stock converts into 245,908 shares of
common stock
             (b) Percent of class: 4.0% common stock + 1.0% common stock through
conversion of convertible preferred stock if converted = 4.9%
             (c)(i) Sole power to vote or direct the vote: -0-
               (ii) Shared power to vote or direct the vote: 951,222 shares of
common stock; 39,542 shares of convertible preferred stock converts into 245,908
shares of common stock
              (iii) Sole power to dispose or direct the disposition: -0-
               (iv) Shared power to dispose or direct the disposition: 951,222
shares of common stock; 39,542 shares of convertible preferred stock converts
into 245,908 shares of common stock





CUSIP No. 228903100                 13G/A                 Page 13 of 17 Pages

      D. OSS Overseas
             (a) Amount beneficially owned: 958,408 shares of common stock;
41,922 shares of convertible preferred stock converts into 260,709 shares of
common stock
             (b) Percent of class: 4.0% common stock + 1.1% common stock through
conversion of convertible preferred stock if converted = 5.0%
             (c)(i) Sole power to vote or direct the vote: -0-
               (ii) Shared power to vote or direct the vote: 958,408 shares of
common stock; 41,922 shares of convertible preferred stock converts into 260,709
shares of common stock
              (iii) Sole power to dispose or direct the disposition: -0-
               (iv) Shared power to dispose or direct the disposition: 958,408
shares of common stock; 41,922 shares of convertible preferred stock converts
into 260,709 shares of common stock

      E. General Partner
             (a) Amount beneficially owned: 1,041,592 shares of common stock;
43,078 shares of convertible preferred stock converts into 267,898 shares of
common stock
             (b) Percent of class: 4.3% common stock + 1.1% common stock through
conversion of convertible preferred stock if converted = 5.4%
             (c)(i) Sole power to vote or direct the vote: -0-
               (ii) Shared power to vote or direct the vote: 1,041,592 shares of
common stock; 43,078 shares of convertible preferred stock converts into 267,898
shares of common stock
              (iii) Sole power to dispose or direct the disposition: -0-
               (iv) Shared power to dispose or direct the disposition: 1,041,592
shares of common stock; 43,078 shares of convertible preferred stock converts
into 267,898 shares of common stock

      F. SB LLC
             (a) Amount beneficially owned: 2,000,000 shares of common stock;
85,000 shares of convertible preferred stock converts into 528,607 shares of
common stock
             (b) Percent of class: 8.2% common stock + 2.2% common stock through
conversion of convertible preferred stock if converted = 10.4%
             (c)(i) Sole power to vote or direct the vote: -0-
               (ii) Shared power to vote or direct the vote: 2,000,000 shares of
common stock; 85,000 shares of convertible preferred stock converts into 528,607
shares of common stock.
              (iii) Sole power to dispose or direct the disposition: -0-
              (iv) Shared power to dispose or direct the disposition:
2,000,000 shares of common stock; 85,000 shares of convertible preferred stock
converts into 528,607 shares of common stock





CUSIP No. 228903100                 13G/A                 Page 14 of 17 Pages

      G. Mr. Schafer
             (a) Amount beneficially owned: 2,000,000 shares of common stock;
85,000 shares of convertible preferred stock converts into 528,607 shares of
common stock
             (b) Percent of class: 8.2% common stock + 2.2% common stock through
conversion of convertible preferred stock if converted = 10.4%
             (c)(i) Sole power to vote or direct the vote: -0-
               (ii) Shared powerto vote or direct the vote: 2,000,000 shares
of common stock; 85,000 shares of convertible preferred stock converts into
528,607 shares of common stock.
              (iii) Sole power to dispose or direct the disposition: -0-
               (iv) Shared power to dispose or direct the disposition: 2,000,000
shares of common stock; 85,000 shares of convertible preferred stock converts
into 528,607 shares of common stock





CUSIP No. 228903100                 13G/A                 Page 15 of 17 Pages

     The Investment Manager, the General Partner, SB LLC and Mr. Schafer
expressly declare that this filing shall not be construed as an admission that
each is, for the purposes of sections 13(d) or 13(g) of the Act, the beneficial
owner of any securities covered by this filing.

ITEM 5.   OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS

          Not applicable

ITEM 6.   OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON

            The shareholders of OSS Overseas have the right to participate in
the receipt of dividends from, or proceeds from the sale of, the securities held
for OSS Overseas.

Item 7.   IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY

            Not applicable.

ITEM 8.   IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP

            See Item 2.

ITEM 9.   NOTICE OF DISSOLUTION OF GROUP

            Not applicable.





CUSIP No. 228903100                 13G/A                 Page 16 of 17 Pages

ITEM 10.   CERTIFICATION

                  By signing below I certify that, to the best of my knowledge
                  and belief, the securities referred to above were not acquired
                  and are not held for the purpose of or with the effect of
                  changing or influencing the control of the issuer of the
                  securities and were not acquired and are not held in
                  connection with or as a participant in any transaction having
                  that purpose or effect.

                                    SIGNATURE

      After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
                                               August 3, 2005
                                          ------------------------------
                                                     Date
                                             /s/ Oscar S. Schafer
                                          ------------------------------
                                                  Signature

                                          /s/ Oscar S. Schafer, Managing Partner
                                          -----------------------------------
                                                    Name/Title

The original statement shall be signed by each person on whose behalf the
statement is filed or his authorized representative. If the statement is signed
on behalf of a person by his authorized representative other than an executive
officer or general partner of the filing person, evidence of the
representative's authority to sign on behalf of such person shall be filed with
the statement, provided, however, that a power of attorney for this purpose
which is already on file with the Commission may be incorporated by reference.
The name and any title of each person who signs the statement shall be typed or
printed beneath his signature.


NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See ss.240.13d-7 for other
parties for whom copies are to be sent.

ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL
CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001)





CUSIP No. 228903100                 13G/A                 Page 17 of 17 Pages

                                    EXHIBIT 1

                           JOINT ACQUISITION STATEMENT
                            PURSUANT TO RULE 13d-1(k)


           The undersigned acknowledge and agree that the foregoing statement on
Schedule 13G/A, is filed on behalf of each of the undersigned and that all
subsequent amendments to this statement on Schedule 13G/A, shall be filed on
behalf of each of the undersigned without the necessity of filing additional
joint acquisition statements. The undersigned acknowledge that each shall be
responsible for the timely filing of such amendments, and for the completeness
and accuracy of the information concerning him or it contained therein, but
shall not be responsible for the completeness and accuracy of the information
concerning the others, except to the extent that he or it knows or has reason to
believe that such information is inaccurate.


DATED:  August 3, 2005


                                  /s/ Oscar S. Schafer
                                  -------------------------------------
                                  individually and as senior managing member
                                  of (a) O.S.S. Advisors LLC, for itself and
                                         as the general partner of
                                         (i) Oscar S. Schafer & Partners I LP;
                                             and
                                         (ii)Oscar S. Schafer & Partners II
                                             LP; and
                                     (b) Schafer Brothers LLC, for itself
                                         and as the general partner of
                                         O.S.S. Capital Management LP