Blockbuster
Inc.
|
(Name
of Issuer)
|
Class
B Common Stock, $0.01 par value
|
(Title
of Class of Securities)
|
093679207
|
(CUSIP
Number)
|
Mark
J. Wattles
|
7945
W. Sahara Ave., Suite 205
|
Las
Vegas, NV 89117
|
303-801-4003
|
(Name,
Address and Telephone Number of Person Authorized to
|
Receive
Notices and Communications)
|
February
16, 2010
|
(Date
of Event which Requires Filing of this
Statement)
|
CUSIP No.
093679207
|
1.
|
Names
of Reporting Persons. I.R.S. Identification Nos. of above persons
(entities only)
Wattles
Capital Management, LLC
|
||
2.
|
Check
the Appropriate Box if a Member of a Group (See
Instructions)
|
||
(a)
o
|
|||
(b)
o
|
|||
3.
|
SEC
Use Only
|
||
4.
|
Source
of Funds (See Instructions)
WC,
PF
|
||
5.
|
Check
if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or
2(e)
o
|
||
6.
|
Citizenship
or Place of Organization
Delaware
|
||
Number
of
Class
B
Shares
Beneficially
Owned
by
Each
Reporting
Person
with
|
7.
Sole Voting Power
9,540,000
|
||
8.
Shared Voting Power
—
|
|||
9.
Sole Dispositive Power
9,540,000
|
|||
10.
Shared Dispositive Power
—
|
|||
11.
|
Aggregate
Amount Beneficially Owned by Each Reporting Person
9,540,000
|
||
12.
|
Check
if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
o
|
||
13.
|
Percent
of Class Represented by Amount in Row (11)
13.3%
|
||
14.
|
Type
of Reporting Person (See Instructions)
OO
|
CUSIP No. 093679207
|
|||
1.
|
Names
of Reporting Persons. I.R.S. Identification Nos. of above persons
(entities only)
HKW
Trust
|
||
2.
|
Check
the Appropriate Box if a Member of a Group (See
Instructions)
|
||
(a)
o
|
|||
(b)
o
|
|||
3.
|
SEC
Use Only
|
||
4.
|
Source
of Funds (See Instructions)
WC
|
||
5.
|
Check
if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or
2(e)
o
|
||
6.
|
Citizenship
or Place of Organization
Nevada
|
||
Number
of
Class
B
Shares
Beneficially
Owned
by
Each
Reporting
Person
with
|
7.
Sole Voting Power
3,760,000
|
||
8.
Shared Voting Power
—
|
|||
9.
Sole Dispositive Power
3,760,000
|
|||
10.
Shared Dispositive Power
—
|
|||
11.
|
Aggregate
Amount Beneficially Owned by Each Reporting Person
3,760,000
|
||
12.
|
Check
if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
o
|
||
13.
|
Percent
of Class Represented by Amount in Row (11)
5.2%
|
||
14.
|
Type
of Reporting Person (See Instructions)
OO
|
February
16, 2010
|
/s/
Mark J. Wattles
|
||
Mark
J. Wattles
|
WCM TRANSACTIONS | |||||
Date |
Shares
Purchased / (Sold)
|
Price
Per Share
|
|||
1/21/2010
|
2,750,000
|
$ 0.40
|
|||
1/22/2010
|
250,000
|
$ 0.36
|
|||
1/26/2010
|
55,062
|
$ 0.31
|
|||
1/27/2010
|
70,000
|
$ 0.29
|
|||
1/28/2010
|
195,000
|
$ 0.29
|
|||
1/29/2010
|
169,000
|
$ 0.31
|
|||
2/1/2010
|
250,000
|
$ 0.29
|
|||
2/2/2010
|
1,669,800
|
$ 0.30
|
|||
2/3/2010
|
2,027,600
|
$ 0.30
|
|||
2/9/2010
|
389,000
|
$ 0.28
|
|||
2/10/2010
|
850,000
|
$ 0.28
|
|||
2/11/2010
|
761,000
|
$ 0.28
|
|||
2/12/2010
|
103,538
|
$ 0.28
|
HKW TRANSACTIONS | |||||
Date |
Shares
Purchased / (Sold)
|
Price
Per Share
|
|||
2/4/2010
|
554,500
|
$ 0.29
|
|||
2/5/2009
|
750,000
|
$ 0.29
|
|||
2/9/2010
|
405,500
|
$ 0.28
|
|||
2/10/2010
|
850,000
|
$ 0.28
|
|||
2/11/2010
|
1,200,000
|
$ 0.28
|