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 |
Series C 9% Convertible Preferred Stock
|
05/17/2005 |
Â
(3)
|
Common stock
|
143,590
|
$
1.95
|
I
|
Owned by the Edward E. Colson, III Trust
|
Warrants
|
05/17/2005 |
05/17/2010 |
Common Stock
|
366,800
|
$
(1)
|
I
|
Owned by the Edward E. Colson, III Trust
|
Series C 9% Convertible Preferred Stock
|
08/29/2005 |
Â
(3)
|
Common Stock
|
61,538
|
$
1.95
|
I
|
Owned by the Edward E. Colson, III Trust
|
Warrants
|
08/29/2005 |
08/29/2010 |
Common Stock
|
157,200
|
$
(2)
|
I
|
Owned by the Edward E. Colson, III Trust
|
Director Options
|
08/10/2005 |
08/10/2015 |
Common Stock
|
10,000
|
$
2.48
|
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) |
268,800 Warrants are redeemable for $1.95, 70,000 for $2.50 and 28,000 for $3.50. |
(2) |
115,400 Warrants are redeemable for $1.95, 30,000 for $2.50 and 12,000 for $3.50. |
(3) |
None |