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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN 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. | |||
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. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Wolf Jay 2121 AVENUE OF THE STARS, SUITE 2550 LOS ANGELES, CA 90067 |
X | CFO and COO |
/s/ Jay Wolf | 04/19/2007 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(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) | The shares of common stock are owned directly by Trinad Capital Master Fund, Ltd. ("Trinad Master"). These shares were previously owned and the subject of a Form 4 by Trinad Capital, L.P. ("Trinad Capital"). Trinad Capital transferred said shares to Trinad Master, an affiliate of Trinad Capital, on February 28, 2005 as a result of an internal restructuring of the Trinad entities. On or about the same time, Jay Wolf became a managing member of Trinad Master. As a result, Jay Wolf may be deemed indirectly to beneficially own the shares of common stock owned by Trinad Master but disclaims direct beneficial ownership except to the extent of his pecuniary interest therein. |
(2) | On August 3, 2006, Mediavest, Inc. effectuated a 2.5 for 1 stock split, at which time the 3,720,000 shares of common stock owned by Trinad Master became 9,300,000 shares of common stock. |