|
o
|
Rule 13d-1(b)
|
|
x
|
Rule 13d-1(c)
|
|
o
|
Rule 13d-1(d)
|
|
(1)
|
Names of Reporting Persons.
|
| (2) |
Check the Appropriate Box if a Member of a Group (See Instructions).
|
| (a) | o |
| (b) | o |
|
(3)
|
SEC Use Only.
|
|
(4)
|
Citizenship or Place of Organization.
|
|
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
|
|
|
(9)
|
Aggregate Amount Beneficially Owned by Each Reporting Person.
|
| (10) |
Check if the Aggregate Amount in Row 9 Excludes Certain Shares. x
|
| (11) |
Percent of Class Represented by Amount in Row 9.
|
| (12) |
Type of Reporting Person (See Instructions).
|
|
Item 1.
|
|
(a)
|
Name of Issuer.
|
|
(b)
|
Address of Issuer's Principal Executive Offices.
|
|
Item 2.
|
|
(a)
|
Name of Person Filing.
|
|
(b)
|
Address or Principal Business Office or, if none, Residence.
|
|
(c)
|
Citizenship or Place of Organization.
|
|
(d)
|
Title of Class of Securities.
|
|
(e)
|
CUSIP No.
|
|
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)
|
o Broker or dealer registered under section 15 of the Act.
|
|
(b)
|
o Bank as defined in Section 3(a)(6) of the Act.
|
|
(c)
|
o Insurance company as defined in Section 3(a)(19) of the Act.
|
|
(d)
|
o Investment company registered under section 8 of the Investment Company Act of 1940.
|
|
(e)
|
o An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
|
|
(f)
|
o An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
|
|
(g)
|
o A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
|
|
(h)
|
o A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
|
|
(i)
|
o A 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)
|
o Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
|
|
Item 4.
|
Ownership.
|
|
(a)
|
Amount Beneficially Owned:
|
|
|
502,472 shares of common stock
|
|
|
The number of shares beneficially owned constitutes 502,472 shares of common stock. The number of shares beneficially owned excludes 8,520,400 shares of common stock issuable upon conversion of 608,600 shares of Series E Convertible Preferred Stock (the “Preferred Stock”). The Certificate of Designation of the Preferred Stock provides that the holder of shares of the Preferred Stock may not convert any of the preferred stock to the extent that such conversion would result in the holder and its affiliates together beneficially owning more than 9.99% of the outstanding shares of common stock, except on 61 days’ prior written notice to the issuer that the holder waives such limitation.
|
|
(b)
|
Percent of class:9.99%
|
|
(c)
|
Number of shares as to which such person has:
|
|
(i)
|
Sole power to vote or to direct the vote: 502,472
|
|
(ii)
|
Shared power to vote or to direct the vote: 0
|
|
(iii)
|
Sole power to dispose or to direct the disposition of: 502,472
|
|
(iv)
|
Shared power to dispose or to direct the disposition of: 0
|
|
Item 5.
|
Ownership of Five Percent or Less of a Class.
|
|
Item 6.
|
Ownership of More than 5 Percent on Behalf of Another Person.
|
|
Item 7.
|
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.
|
|
Item 8.
|
Identification and Classification of Members of the Group.
|
|
Item 9.
|
Notice of Dissolution of Group.
|
| Dated: February 1, 2012 | ||
|
ALPHA CREDIT RESOURCES LLC
|
||
|
By: /s/ OLIVER JIMENEZ
|
||
|
Name: Oliver Jimenez
|
||
|
Title: Chief Compliance Officer
|