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 | ||||
Series A Convertible Preferred Stock | Â (2) | Â (3) | Common Stock | 61,693 | $ 1.7 (4) | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
BROADY GEORGE K 751 CANYON DRIVE COPPELL, TX 75019 |
 X |  |  |  |
/s/ Gary C. Wallace by Power of Attorney | 04/09/2010 | |
**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) | This line originally reported that Mr. Broady held 693,763 shares of Common Stock, but erroneously included 61,693 shares of Common Stock issuable upon conversion of 61,693 shares of Series A Convertible Preferred Stock owned by Mr. Broady. As a result, the amount of Common Stock beneficially owned following each transaction reported in Table I of each Form 4 filed by Mr. Broady after October 27, 2008 through and including the Form 4 filed by Mr. Broady on March 19, 2010, was overstated by 61,693 shares. |
(2) | The Series A Convertible Preferred Stock became convertible into Common Stock immediately upon issuance. |
(3) | The Series A Convertible Preferred Stock has no expiration date. |
(4) | Each share of Series A Convertible Preferred Stock is convertible into such number of shares of Common Stock as is determined by dividing the Series A Original Issue Price of $1.70 (subject to adjustment) by the Series A Conversion Price of $1.70 (subject to adjustment), so that each share of Series A Convertible Preferred Stock is convertible into one share of Common Stock (subject to adjustment). |