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Name and Addressof Beneficial Owner (1)

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db7 Member Level  Friday, 12/23/11 02:19:33 PM
Re: db7 post# 44
Post # of 88 
Name and Addressof Beneficial Owner (1) Class of Common Stock (2) Number of Shares Beneficially Owned(3) Percentage of Total Voting Power (2)(3)

Magna Acquisition LLC (6) Class A 607,727 51.0 %

Kenneth C. Riscica (4)(6) Class A 41,102 3.4 %

Lawrence A. Minkoff, Ph.D. (4) Class A 17,640 Class B 2,389 20,029 2.5 %

Jonathan Adereth (4) Class A 12,086 1.0 %

Joel Kanter (4)(6) Class A 23,320 2.0 %

J.M. Feldman (4)(6) Class A 21,581 1.8 %

Seymour Kessler (4) Class A 11.420 1.0 %

All Executive Officers and Directors as a Group Class A 127,149 (6 persons) Class B 2,389 129,538 16.8 %


* Denotes less than one percent.

The information presented in the table above and footnotes is based solely upon Schedules and Reports filed by the respective holders under the Securities Exchange Act of 1934 and certain representations furnished to us by executive officers and Board members and has not been otherwise independently verified by us. To the extent that any required holders have not filed timely reports on such Forms, we would not be in a position to know the current holdings of such persons.

(1) All shares are beneficially owned and sole voting and investment power is held by the persons named, except as otherwise noted.

(2) Class B Common Stock is entitled to five votes per share but is otherwise substantially identical to the Class A Common Stock, which has one vote per share. Each share of Class B Common Stock is convertible into one share of Class A Common Stock.



(3) Based upon 1,176,025 shares of Class A common stock and 3,304 shares of Class B common stock outstanding at May 29, 2009.

(4) The address for Messrs. Minkoff, Adereth, Riscica, Feldman, Kessler, and Kanter is c/o Magna-Lab Inc.,

6800 Jericho Turnpike, Suite 120W, Syosset, NY 11791.

(5) Includes the holding of The Kanter Family Foundation to which Mr. Kanter does not have sole voting or investment power.

(6) The address for Magna Acquisition LLC is 8000 Towers Crescent Drive, Suite 1070, Vienna. VA 22182. Voting and investment decisions regarding the shares of Common Stock held by this entity are made by a majority of three persons, consisting of Messrs. Jerome M. Feldman and Joel S. Kanter, directors of our company, and Kenneth C. Riscica, an executive officer of our company.


All posts are strictly my opinion and are not buy or sell recommendations.
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