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 | 12/25/2008 | Â (2) | Common Stock | 600,000 (2) | $ 0 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
De Villiers Jean-Pierre 50 KIEPERSOL DRIVE, ATLAS GARDENS CONTERMANSKLOOF ROAD DURBANVILLE, WESTERN CAPE, T3 7441 |
 |  X |  |  |
/s/ Jean-Pierre De Villiers | 07/06/2012 | |
**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) | Represents (a) 6,226,036 shares of the Issuer's common stock held directly by the Reporting Person, (b) 5,981,580 shares of common stock and 545,261 shares of common stock are held by the Jean Pierre De Villiers Trust and by the M De Villiers Trust, respectively, which are trusts administered by the Reporting Person and (c) 1,204,011 shares of common stock held by members of the Reporting Person's immediate family. |
(2) | Represents shares of the Issuer's preferred stock issued to the Reporting Person in connection with a Settlement Agreement, dated September 25, 2008, between the Reporting Person and the Issuer. The shares are convertible into the Issuer's common stock on a basis of one common share for each preferred share held. |