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 B Convertible Preferred Stock | Â (1) | Â (2) | Common Stock | 1,588,711 | $ (1) | D | Â |
Series C Convertible Preferred Stock | Â (1) | Â (2) | Common Stock | 348,842 | $ (1) | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
WIREFREE SERVICES BELGIUM SA 149 RUE COLONEL BOURG BRUSSELS, C9 1140 |
 |  X |  |  |
/s/ John Van den Cruijce Johan Van den Cruijce Director | 08/06/2007 | |
**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) | Series B and C Shares of Convertible Preferred Stock are immediately convertible into Common Stock on a one-for-two basis and each share of Preferred Stock will automatically convert upon the closing of the Issuer's initial public offering. The number of shares of Common Stock underlying the Convertible Preferred Stock reflects a one-for-two reverse stock-split which became effective on 25 June 2007. The Issuer repurchased two half Shares so as to avoid fractional shares. |
(2) | Not applicable. |