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SECURITY DELETIONS
13:51 DBMI DOBI Medical International, Inc. Common Stock 11/10/2008 100 Plan of Bankruptcy effective 10/15/2008. **
http://otcbb.com/asp/dailylist_detail.asp?d=11/07/2008&mkt_ctg=ALL
We've got a little volume today. Anyone know if anything is going on today?
im gonna continue to try and reach the company next week...
I've still got shares. Guess I'll just hold until something happens. Not like I have a choice. :)
youre not alone...lol
Sux to be the last bag holder. LOL. Oh well, only down a couple hundred.
got kinda quiet here and on the trading of this one.
ammature traders,,,,,,now im where i got in....pricks.(not you the whackers)
This is totally unf*cking believable.
I'm still here. Holding and waiting. With a float of no more than 13 million we've got to have a much better run than the one to .0025!
it was too much of the same thing on too many boards..lol, im trying my nuts off to track down a number..if you find one let me know, ill call em...
WTF!!!!!!!!!! Who warned you? Youre the damn Mod. If it is real dd it should be allowed.
good to see more people still here//
what sux is tried to post all the dd i can find...and got a warning for spamming..lol
I am still here odi. I dont know who bid whacked but with only 12 board marks, one being mine, there isnt alot of exposure. If they ever show some life we may get to make a few bucks.
I'm in this stock as well, quiet board....or no real interest. Anyway I'm holding until some type of news is released.
well i guess im the only one left here??? now i can figure out who the bid whackers were...
we need to hear from the company......it seems like only 4 of us are in this..lol and some ass whacker.
lets have a good day today, spread the word, if no one bid whacks we could have higher highs.
Nice. Also, nice DD on the patent information. Looking forward to tomorrow's trading.
DBMI BUY CONFIRMED ON AMERICAN BULLS...
http://www.americanbulls.com/StockPage.asp?CompanyTicker=DBMI&MarketTicker=OTC&TYP=S
exactly...they just filled for relief through chapter 11, theres no q...........
Thanks for the info. I was thinking about this stock symbol. If the stock was going to be cancelled wouldnt it have a q at the end of the symbol. Enron, Worldcom, Global Crossing all did as I remember. I am starting to think I need to put a few more bucks into this and let her ride.
thats what my buddy told me in a sense, what really strikes me is that this group only deals in companies they feel will return a great profit, now my guess is that by them buying these shares, it helps keep the company out of bankrupcy, did you read the journal i posted from italy about the dobi comfortscan. alot of people are really interested in this..
My take on this is that the common shares that Basso received are the new common shares. They agreed to give a cash infusion in exchange for 83% of the company. They then filed the 8k. If you add up all of the shares, it comes to over 60 million. If you take that figure and divide by the outstanding shares of 73 million, you come up with exactly 83%. That's why I think the common shares they purchased are the new shares. It makes sense, then, that the old common shares have already been cancelled and replaced with new common shares that are valid. This is all just my opinion, but it is why I bought shares on Friday, because I was skeptical about the shares being cancelled until I figured this out.
We own a number of issued U.S. patents and international patents and
have pending foreign patent applications covering a broad range of
closely-related technologies. These include, among others:
o Optical investigation of physiological components in the human body,
methods for optical and acoustic diagnosis of internal organs,
multimodal imaging capability, and
o The soft breast holder mechanism.
We may file additional patent applications domestically and
internationally as we continue to improve our existing technology, develop new
releases and make advances to our ComfortScan system.
this is why basso is so interested in dbmi....
The ComfortScan system has the CE Mark and UL designations, and DOBI
Medical is a certified ISO 9001:2000, ISO 13485:2003 and CAN/US 13485 company.
We currently sell our ComfortScan system to international distributors for
installation at international clinical trial sites. The ComfortScan system is
not yet commercially available in the U.S. as it is limited by U.S. law to
investigational use until approved by the FDA, which cannot be guaranteed. Our
ComfortScan system is also subject to approval by certain foreign regulatory and
safety agencies.
a little info on chapter 11..
Federal bankruptcy laws govern how companies go out of business or recover from crippling debt. A bankrupt company, the "debtor," might use Chapter 11 of the Bankruptcy Code to "reorganize" its business and try to become profitable again. Management continues to run the day-to-day business operations but all significant business decisions must be approved by a bankruptcy court.
very true my friend....very true...
I do too Odi, that is why I bought some today. I want this crap out in the open now so if this hits the radars its already been cussed, discussed and put to bed so there wont be any BS. Have a great weekend and i will check in later.
ill ask some people later on that know exactly what it means, sometimes the wording gets you all crazy..lol, but still i think they are up to something no doubt.
Class 4 equity interest (STOCK) is cancelled with no distribution. see below...
If you read the last sentence I posted on the other post it says that all persons have equal interest in the 8.1mm shares which is 9% of the OS.
I may be reading it wrong but I think they only have 22mm shares.
Treatment of Claims and Interests
The Plan divides all Claims except for Administrative Claims, and Priority Tax
Claims, and all Interests into various Classes. The following tables summarize
the Classes of Claims and Interests under the Plan, and their proposed treatment
thereunder.
Class 1 Priority Non-Tax Claims Payment in full in Cash or
Confirmation.
Class 2 Secured Debenture Claims A distribution of 10% of the New
Common Stock of Reorganized DOBI, and
participation Pro-Rata in 80% of
the gross proceeds, if any generated
under the License Agreement post-
Confirmation.
Class 3 General Unsecured Claims No distribution.
Class 4 Equity Interests Canceled, no distribution.
Implementation
On the Effective Date, except as otherwise specifically provided for in the
Plan: (1) the existing DOBI Equity Interests and any other purchase right,
option, warrant, or other instrument or document directly or indirectly
evidencing or creating any indebtedness or obligation of or ownership interest
in the Debtor giving rise to any Claim or Interest, shall be canceled solely as
to the Debtor, and the Reorganized Debtor shall not have any continuing
obligations thereunder and (2) the obligations of the Debtor pursuant, relating,
or pertaining to any agreements, indentures, certificate of designation, bylaws,
or certificate or articles of incorporation or similar documents governing same
shall be released and discharged.
you add up each and every filling for the shares all the names and company name.....
thanks odi. I reviewed that document and believe that they dont own as many shares as we thought. If you add up the numbers below they add up to 22,583,160. Still an impressive amount in my book but not 60mm. If I am missing something let me know. thanks.
Percent of Class:
Private Opportunities Holding Fund’s and BCM’s beneficial ownership of 4,218,810 shares of Common Stock represents 5.2% of all the outstanding shares of Common Stock.
Multi-Strategy Holding Fund’s beneficial ownership of 7,072,770 shares of Common Stock represents 8.7% of all the outstanding shares of Common Stock.
Basso Fund’s beneficial ownership of 3,106,365 shares of Common Stock represents 3.9% of all the outstanding shares of Common Stock.
Basso GP’s and each Controlling Person’s beneficial ownership of 8,185,215 shares of Common Stock represents 9.99% of all the outstanding shares of Common Stock.
Collectively, the Reporting Persons beneficially own 8,185,215 shares of Common Stock representing 9.99% of all the outstanding shares of Common Stock.
no its the sc13g filling in feb.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(RULE 13d - 102)
Information to be included in statements filed pursuant
to Rules 13d-1(b), (c) and (d) and amendments thereto filed
pursuant to 13d-2(b)
(AMENDMENT NO.3)*
DOBI Medical International, Inc.
(Name of Issuer)
Common Stock, par value $.0001
(Title of Class of Securities)
256058 10 8
(CUSIP Number)
December 31, 2007
(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule
pursuant to which this Schedule is filed:
o Rule 13d-1(b)
x Rule 13d-1(c)
o Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information
which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
(Continued on the Following Pages)
--------------------------------------------------------------------------------
1.
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Basso Private Opportunities Holding Fund Ltd.
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
x
(b)
o
3.
SEC USE ONLY
4.
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
5.
SOLE VOTING POWER
0
6.
SHARED VOTING POWER
4,218,810
7.
SOLE DISPOSITIVE POWER
0
8.
SHARED DISPOSITIVE POWER
4,218,810
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,218,810
10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES*
x
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.2%
12.
TYPE OF REPORTING PERSON*
CO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
--------------------------------------------------------------------------------
1.
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Basso Multi-Strategy Holding Fund Ltd.
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
x
(b)
o
3.
SEC USE ONLY
4.
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
5.
SOLE VOTING POWER
0
6.
SHARED VOTING POWER
7,072,770
7.
SOLE DISPOSITIVE POWER
0
8.
SHARED DISPOSITIVE POWER
7,072,770
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,072,770
10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES*
x
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.7%
12.
TYPE OF REPORTING PERSON*
CO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
--------------------------------------------------------------------------------
1.
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Basso Fund Ltd.
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
x
(b)
o
3.
SEC USE ONLY
4.
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
5.
SOLE VOTING POWER
0
6.
SHARED VOTING POWER
3,106,365
7.
SOLE DISPOSITIVE POWER
0
8.
SHARED DISPOSITIVE POWER
3,106,365
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,106,365
10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES*
x
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
3.9%
12.
TYPE OF REPORTING PERSON*
CO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
--------------------------------------------------------------------------------
1.
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Basso Capital Management, L.P.
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
x
(b)
o
3.
SEC USE ONLY
4.
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
5.
SOLE VOTING POWER
0
6.
SHARED VOTING POWER
8,185,215
7.
SOLE DISPOSITIVE POWER
0
8.
SHARED DISPOSITIVE POWER
8,185,215
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,185,215
10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES*
x
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.99%
12.
TYPE OF REPORTING PERSON*
PN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
--------------------------------------------------------------------------------
1.
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Basso GP, LLC
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
x
(b)
o
3.
SEC USE ONLY
4.
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
5.
SOLE VOTING POWER
0
6.
SHARED VOTING POWER
8,185,215
7.
SOLE DISPOSITIVE POWER
0
8.
SHARED DISPOSITIVE POWER
8,185,215
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,185,215
10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES*
x
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.99%
12.
TYPE OF REPORTING PERSON*
OO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
--------------------------------------------------------------------------------
1.
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Howard I. Fischer
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
x
(b)
o
3.
SEC USE ONLY
4.
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
5.
SOLE VOTING POWER
0
6.
SHARED VOTING POWER
8,185,215
7.
SOLE DISPOSITIVE POWER
0
8.
SHARED DISPOSITIVE POWER
8,185,215
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,185,215
10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES*
x
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.99%
12.
TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
--------------------------------------------------------------------------------
1.
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Philip Platek
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
x
(b)
o
3.
SEC USE ONLY
4.
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
5.
SOLE VOTING POWER
0
6.
SHARED VOTING POWER
8,185,215
7.
SOLE DISPOSITIVE POWER
0
8.
SHARED DISPOSITIVE POWER
8,185,215
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,185,215
10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES*
x
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.99%
12.
TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
--------------------------------------------------------------------------------
1.
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
John Lepore
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
x
(b)
o
3.
SEC USE ONLY
4.
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
5.
SOLE VOTING POWER
0
6.
SHARED VOTING POWER
8,185,215
7.
SOLE DISPOSITIVE POWER
0
8.
SHARED DISPOSITIVE POWER
8,185,215
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,185,215
10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES*
x
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.99%
12.
TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
--------------------------------------------------------------------------------
1.
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Dwight Nelson
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
x
(b)
o
3.
SEC USE ONLY
4.
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
5.
SOLE VOTING POWER
0
6.
SHARED VOTING POWER
8,185,215
7.
SOLE DISPOSITIVE POWER
0
8.
SHARED DISPOSITIVE POWER
8,185,215
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,185,215
10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES*
x
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.99%
12.
TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
--------------------------------------------------------------------------------
This statement is filed pursuant to Rule 13d-2(b) promulgated under the Securities Exchange Act of 1934, as amended, with respect to the shares of common stock (the “Common Stock”) of DOBI Medical International, Inc. (the “Issuer”) beneficially owned by the Reporting Persons identified below as of December 31, 2007, and amends and supplements the Schedule 13G originally filed April 4, 2005, as previously amended (collectively, the “Schedule 13G”). Except as set forth herein, the Schedule 13G is unmodified.
The names of the persons filing this statement on Schedule 13G are:
•
Basso Private Opportunities Holding Fund Ltd. (“Private Opportunities Holding Fund”),
•
Basso Multi-Strategy Holding Fund Ltd. (“Multi-Strategy Holding Fund”),
•
Basso Fund Ltd. (“Basso Fund”),
•
Basso Capital Management, L.P. (“BCM”),
•
Basso GP, LLC (“Basso GP”),
•
Howard Fischer,
•
Philip Platek,
•
John Lepore and
•
Dwight Nelson.
BCM is the investment manager of Private Opportunities Holding Fund, Multi-Strategy Holding Fund and Basso Fund. Basso GP is the general partner of BCM. The controlling persons of Basso GP are Howard Fischer, Philip Platek, John Lepore and Dwight Nelson (each a “Controlling Person” and collectively, the “Controlling Persons”).
ITEM 4.
OWNERSHIP.
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
(a)
Amount beneficially owned:
Due to the Ownership Limitation described below:
(i) Private Opportunities Holding Fund beneficially owns 4,218,810 shares of Common Stock through its ownership of (i) 669,695 shares of Common Stock, and (ii) warrants (“Warrants”) and convertible bonds issued by the Issuer (“Convertible Bonds”) exercisable for and/or convertible into an aggregate of 3,549,115 shares of Common Stock.
(ii) Multi-Strategy Holding Fund beneficially owns 7,072,770 shares of Common Stock through its ownership of (a) 2,484,155 shares of Common Stock, and (b) Warrants and Convertible Bonds exercisable for and/or convertible into an aggregate of 4,588,615 shares of Common Stock. Multi-Strategy Holding Fund disclaims beneficial ownership of any additional shares of Common Stock that the Warrants and/or Convertible Bonds may be exercisable for or convert into, as applicable, due to the Ownership Limitation described below.
--------------------------------------------------------------------------------
(iii) Basso Fund beneficially owns 3,106,365 shares of Common Stock through its ownership of Warrants and Convertible Bonds exercisable for and/or convertible into an aggregate of 3,106,365 shares of Common Stock.
BCM, as the investment manager of Private Opportunities Holding Fund, Multi-Strategy Holding Fund and Basso Fund, is deemed to beneficially own the 8,185,215 shares of Common Stock beneficially owned by them.
Basso GP, as the general partner of BCM, is deemed to beneficially own the 8,185,215 shares of Common Stock beneficially owned by BCM.
Each Controlling Person, in his capacity as a controlling person of Basso GP, is deemed to beneficially own the 8,185,215 shares of Common Stock beneficially owned by Basso GP.
Collectively, the Reporting Persons beneficially own 8,185,215 shares of Common Stock through their ownership of (i) 3,153,850 shares of Common Stock owned by the Reporting Persons, and (ii) Warrants and Convertible Bonds exercisable for and/or convertible into an aggregate of 5,031,365 shares of Common Stock. The Reporting Persons disclaim beneficial ownership of any additional shares of Common Stock that the Warrants and/or Convertible Bonds may be exercisable for or convert into, as applicable, due to the Ownership Limitation described below.
In accordance with Rule 13d-4 under the Securities Exchange Act of 1934, as amended, the number of shares of Common Stock into which the Warrants and Convertible Bonds are exercisable for or convertible into, as applicable, is limited, pursuant to the terms of such instruments, to that number of shares of Common Stock which would result in the Reporting Persons having aggregate beneficial ownership of 9.99% of the total issued and outstanding shares of Common Stock (the “Ownership Limitation”). The Reporting Persons disclaim beneficial ownership of any and all shares of Common Stock that would cause the Reporting Persons’ aggregate beneficial ownership to exceed the Ownership Limitation.
(b)
Percent of Class:
Private Opportunities Holding Fund’s and BCM’s beneficial ownership of 4,218,810 shares of Common Stock represents 5.2% of all the outstanding shares of Common Stock.
Multi-Strategy Holding Fund’s beneficial ownership of 7,072,770 shares of Common Stock represents 8.7% of all the outstanding shares of Common Stock.
Basso Fund’s beneficial ownership of 3,106,365 shares of Common Stock represents 3.9% of all the outstanding shares of Common Stock.
--------------------------------------------------------------------------------
Basso GP’s and each Controlling Person’s beneficial ownership of 8,185,215 shares of Common Stock represents 9.99% of all the outstanding shares of Common Stock.
Collectively, the Reporting Persons beneficially own 8,185,215 shares of Common Stock representing 9.99% of all the outstanding shares of Common Stock.
(c)
Number of shares as to which such person has:
(i)
Sole power to vote or to direct the vote
Not applicable.
(ii)
Shared power to vote or to direct the vote of shares of Common Stock:
Private Opportunities Holding Fund, BCM, Basso GP and each Controlling Person have the shared power to vote or direct the vote of 4,218,810 shares of Common Stock.
Multi-Strategy Holding Fund, BCM, Basso GP and each Controlling Person have the shared power to vote or direct the vote of 7,072,770 shares of Common Stock.
Basso Fund, BCM, Basso GP and each Controlling Person have the shared power to vote or direct the vote of 3,106,365 shares of Common Stock.
(iii)
Sole power to dispose or to direct the disposition of shares of Common Stock:
Not applicable.
(iv)
Shared power to dispose or to direct the disposition of shares of Common Stock:
Private Opportunities Holding Fund, BCM, Basso GP and each Controlling Person have the shared power to dispose or to direct the disposition of 4,218,810 shares of Common Stock.
Multi-Strategy Holding Fund, BCM, Basso GP and each Controlling Person have the shared power to dispose or to direct the disposition of 7,072,770 shares of Common Stock.
Basso Fund, BCM, Basso GP and each Controlling Person have the shared power to dispose or to direct the disposition of 3,106,365 shares of Common Stock.
--------------------------------------------------------------------------------
ITEM 10.
CERTIFICATION.
By signing below the undersigned certifies that, to the best of its or his knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
--------------------------------------------------------------------------------
SIGNATURE
After reasonable inquiry and to the best of its knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete, and correct.
Dated: February 14, 2008
BASSO PRIVATE OPPORTUNITIES HOLDING FUND LTD.
BASSO MULTI-STRATEGY HOLDING FUND LTD.
BASSO FUND LTD.
BASSO CAPITAL MANAGEMENT, L.P. (“BCM”)
By: Basso GP, LLC
By:
/s/ Howard Fischer
Howard Fischer, as a member
of Basso GP, LLC, as General
Partner of BCM (the investment
Manager of Basso Private
Opportunities Holding
Fund Ltd., of Basso Multi-Strategy Holding
Fund Ltd. and Basso Fund Ltd.)
/s/ Howard Fischer
Howard Fischer, individually and
on behalf of Basso GP, LLC, as member
/s/ Philip Platek
Philip Platek
/s/ John Lepore
John Lepore
/s/ Dwight Nelson
Dwight Nelson
Copyright © 2008 QuoteMedia. All rights reserved. Terms of Use.
Market Data powered by QuoteMedia, www.quotemedia.com, SEC filings by 10kWizard.
Odi, you could be on the money but I read the last 8K filed on 1/28/08 and it says the common stock will be of no value once the effective date is set for the company to come out of receivership. That is what I cant understand. If the shares Basso bought are common (they are) then why would they take the chance of losing out on their bet. Do you have a link to read where they bought the shares, is it an 8K or what?
DBMI...DD from righty and i....we think we know why basso funds is interested in this company....check it out, if dbmi filled for bankrupcy, and the ceo is now gone, and 2 weeks later basso files a sc13g for 90% of the shares of dobbi, wich why would they invest in a bankrupt company, unless the company was worth saving, and it is worth saving because of the patent they own for this breast cancer device...http://www.socratemedical.it/pdf/comfortscan.pdf, now basso only invests in companies they feel will provide upside and profits to their portfolios. so what i think is that basso saves dobbi because all of a sudden there is interest in this patent in europe...and in return they have 65 million shares of dobbi.
man my eyes are about to pop out of my head from all the digging ive been doing...we need volume, and to spread the word out..
If this thing could go to .13 I would fly you first class to Chicago and we would paint the town Odi. lol. Its getting closer.
wow..etrade just moved from .0029 on ask to .13.....they were on bid and ask all morning.
Basso Capital Management, LP is an SEC-registered investment adviser that, among other things, seeks to partner with and provide capital to public and private companies it believes possess unique business characteristics and potential for growth and/or operational improvement. Basso is headquartered in Stamford, CT with an office in London.
now why would they buy 60 million shares of this company? i think were on to something big here....
welcome...aboard bud..im dding the crap out of this right now.
Odiaz, Had to stick my toe in the pond. I bought some so lets bring on the good news.
the mm's are messing with this..they may be short as well...imo
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