C A B L SCHEDULE 13-D Filed TODAY!!
As of January 1, 2011,
Platinum Partners Value Arbitrage Fund L. beneficially owns 1,000,498 Ordinary Shares representing 13.8% of all of the outstanding Ordinary Shares. The number of shares beneficially owned excludes Ordinary Shares underlying 10,991,685 Series A Convertible Preferred Shares and 1,169,600 Series B Convertible Preferred Shares. The holder of such Preferred Shares may not convert any of the Preferred Shares to the extent that such conversion would result in the holder and its affiliates together beneficially owning more than 4.99% of the outstanding Ordinary Shares, except on 61 days’ prior written notice to the Issuer that the holder waives such limitation. Platinum LLC, as the investment manager, and PPVA GP, as the general partner, of PPVA is deemed to beneficially own the Ordinary Shares owned by PPVA. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 13.8%
As of January 1, 2011, PPLO beneficially owns 39,029 Ordinary Shares representing less than 1.0% of all of the outstanding Ordinary Shares. The number of shares beneficially owned excludes Ordinary Shares underlying 367,023 Series A Convertible Preferred Shares and Series B Convertible Preferred Shares. PLONY, as the investment manager, and PLOGP, as the general partner, of PPLO is deemed to beneficially own the Ordinary Shares owned by PPLO.
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