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 |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Trinad Capital L.P. 153 EAST 53RD STREET, 48TH FLOOR NEW YORK, NY 10022 |
X | |||
Trinad Advisors GP, LLC 153 EAST 53RD STREET, 48TH FLOOR NEW YORK, X1 10022 |
X | |||
ELLIN ROBERT S 153 EAST 53RD STREET, 48TH FLOOR NEW YORK, NY 10022 |
X | X | Chief Executive Officer |
/s/ Robert S. Ellin | 04/01/2005 | |
**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) | Trinad Capital L.P. ("TC") is deemed to be the direct beneficial owner of 3,720,000 shares of Common Stock. Trinad Advisors GP, LLC ("TA") is deemed to be the indirect beneficial owner of all of the 3,720,000 shares of Common Stock as the general partner of TC and Robert Ellin ("Ellin") is deemed to be the indirect beneficial owner of the 3,720,000 shares of Common Stock as a member of TA and a limited partner of TC. Each of TA and Ellin disclaim beneficial ownership of the shares of Common Stock directly beneficially owned by TC (except for the indirect interest of TA by virtue of its being the general partner of TC and the indirect interest of Ellin by virtue of his being a member of TA and the indirect interest of Ellin by virtue of his being limited partner of TC). |