SECURITIES & 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)
Olympic Steel, Inc.
(Name of Issuer)
Common Stock, without par value
(Title of Class of Securities)
68162K106
(CUSIP Number)
March 5, 2004
(Date of event which requires filing of this statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule 13G is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
(Page 1 of 16 Pages)
----------------
*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 the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for purposes 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).
CUSIP No. 68162K106 13G Page 2 of 16 Pages
----------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSONS (ENTITIES ONLY)
Drawbridge Global Macro Fund LP
-----------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-----------------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES ______________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
80,411
OWNED BY ______________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING ______________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
80,411
-----------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
80,411
-----------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
-----------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
0.8%
-----------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON **
PN
-----------------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 68162K106 13G Page 3 of 16 Pages
----------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSONS (ENTITIES ONLY)
Drawbridge Global Macro GP LLC
-----------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-----------------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES ______________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
80,411
OWNED BY ______________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING ______________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
80,411
-----------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
80,411
-----------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
-----------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
0.8%
-----------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON **
OO
-----------------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 68162K106 13G Page 4 of 16 Pages
----------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSONS (ENTITIES ONLY)
Drawbridge Global Macro Advisors LLC
-----------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-----------------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES ______________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
618,548
OWNED BY ______________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING ______________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
618,548
-----------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
618,548
-----------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
-----------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
6.4%
-----------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON **
OO
-----------------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 68162K106 13G Page 5 of 16 Pages
----------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSONS (ENTITIES ONLY)
Drawbridge Investment Partners LLC
-----------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-----------------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES ______________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
117,819
OWNED BY ______________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING ______________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
117,819
-----------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
117,819
-----------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
-----------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
1.2%
-----------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON **
OO
-----------------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 68162K106 13G Page 6 of 16 Pages
----------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSONS (ENTITIES ONLY)
Drawbridge Special Opportunities Fund LP
-----------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-----------------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES ______________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
78,550
OWNED BY ______________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING ______________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
78,550
-----------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
78,550
-----------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
-----------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
0.8%
-----------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON **
PN
-----------------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 68162K106 13G Page 7 of 16 Pages
----------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE
PERSONS (ENTITIES ONLY)
Drawbridge Special Opportunities GP LLC
-----------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-----------------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES ______________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
78,550
OWNED BY ______________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING ______________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
78,550
-----------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
78,550
-----------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
-----------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
0.8%
-----------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON **
OO
-----------------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 68162K106 13G Page 8 of 16 Pages
----------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSONS (ENTITIES ONLY)
Drawbridge Special Opportunities Advisors LLC
-----------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-----------------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES ______________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
117,819
OWNED BY ______________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING ______________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
117,819
-----------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
117,819
-----------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
-----------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
1.2%
-----------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON **
OO
-----------------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 68162K106 13G Page 9 of 16 Pages
----------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSONS (ENTITIES ONLY)
Fortress Investment Group LLC
-----------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-----------------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES ______________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
736,367
OWNED BY ______________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING ______________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
736,367
-----------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
736,367
-----------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
-----------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
7.6%
-----------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON **
PN
-----------------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 68162K106 13G Page 10 of 16 Pages
Item 1(a). Name of Issuer:
The name of the issuer is Olympic Steel, Inc. (the "Issuer").
Item 1(b). Address of Issuer's Principal Executive Offices:
The Issuer's principal executive offices are located at 5096 Richmond Road,
Bedford Heights, Ohio 44146.
Item 2(a) Name of Person Filing.
This statement is filed by:
(i) Drawbridge Global Macro Fund LP, a Delaware limited partnership
("Drawbridge Global LP"), is the sole member of Drawbridge Global
Macro Master Fund Ltd, a company organized under the laws of the
Cayman Islands ("Drawbridge Master") other than Drawbridge Global
Macro Fund Ltd, a company organized under the laws of the Cayman
Islands ("Drawbridge Global Ltd"), with respect to the Shares
directly owned by Drawbridge Master;
(ii) Drawbridge Global Macro GP LLC, a Delaware limited liability
company ("Drawbridge Global GP") is the general partner of
Drawbridge Global LP, with respect to Shares directly owned by
Drawbridge Master.
(iii) Drawbridge Global Macro Advisors LLC, a Delaware limited liability
company ("Drawbridge Global Advisors"), which acts as advisor to
both Drawbridge Global LP and Drawbridge Global Ltd, with respect
to Shares directly owned by Drawbridge Master;
(iv) Drawbridge Investment Partners LLC, a Delaware limited liability
company, ("DIP LLC") with respect to the Shares directly owned by
it;
(v) Drawbridge Special Opportunities Fund LP, a Delaware limited
partnership ("Drawbridge Special Opportunities LP"), is the sole
member of DIP LLC other than Drawbridge Opportunities Fund Ltd, a
company organized under the laws of the Cayman Islands
("Drawbridge Special Opportunities Ltd"), with respect to the
Shares directly owned by DIP LLC;
(vi) Drawbridge Special Opportunities GP LLC, a Delaware limited
liability company ("Drawbridge Special Opportunities GP") is the
general partner of Drawbridge Special Opportunities LP, with
respect to Shares directly owned by DIP LLC.
(vii) Drawbridge Special Opportunities Advisors LLC, a Delaware limited
liability company ("Drawbridge Special Opportunities Advisors"),
which acts as advisor to both Drawbridge Special Opportunities LP
and Drawbridge Special Opportunities Ltd, with respect to Shares
directly owned by DIP LLC; and
CUSIP No. 68162K106 13G Page 11 of 16 Pages
(viii) Fortress Investment Group LLC, a Delaware limited liability
company ("Fortress") which is the managing member of Drawbridge
Global Advisors and Drawbridge Special Opportunities Advisors,
with respect to the Shares directly owned, respectively, by
Drawbridge Master and DIP LLC.
The foregoing persons are hereinafter sometimes collectively
referred to as the "Reporting Persons." Any disclosures herein with respect to
persons other than the Reporting Persons are made on information and belief
after making inquiry to the appropriate party.
Item 2(b) Address of Principal Business Office or, if None, Residence:
The address of the business office of each of the Reporting Persons
is 1251 Avenue of the Americas, Suite 1600 New York, New York
10020, Attention: Kevin Treacy.
Item 2(c) Citizenship
Each of Drawbridge Global GP, Drawbridge Global Advisors, DIP LLC,
Drawbridge Special Opportunities GP, Drawbridge Special
Opportunities Advisors and Fortress is a limited liability company
organized under the laws of the State of Delaware. Each of
Drawbridge Global LP and Drawbridge Special Opportunities LP is a
limited partnership formed under the laws of the State of Delaware.
Item 2(d) Title of Class of Securities:
Common Stock, without par value.
Item 2(e) CUSIP Number:
68162K106
Item 3. If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or
(c), check whether the person filing is a:
(a) [ ] Broker or dealer registered under Section 15 of the Act,
(b) [ ] Bank as defined in Section 3(a)(6) of the Act,
(c) [ ] Insurance Company as defined in Section 3(a)(19) of
the Act,
(d) [ ] Investment Company registered under Section 8 of the
Investment Company Act of 1940,
(e) [ ] Investment Adviser in accordance with Rule
13d-1 (b)(1)(ii)(E),
CUSIP No. 68162K106 13G Page 12 of 16 Pages
(f) [ ] Employee Benefit Plan or Endowment Fund in accordance with
13d-1 (b)(1)(ii)(F),
(g) [ ] Parent Holding Company or control person in accordance
with Rule 13d-1 (b)(1)(ii)(G),
(h) [ ] Savings Association as defined in Section 3(b) of the
Federal Deposit Insurance Act,
(i) [ ] Church Plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the
Investment Company Act of 1940,
(j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to Rule 13d-1(c), check this box: [x]
Item 4. Ownership.
A. Drawbridge Global Macro Fund LP
(a) Amount beneficially owned: 80,411
(b) Percent of class: 0.8% The percentages used in this Item 4 are
calculated based upon 9,647,068 shares of Common Stock issued and outstanding as
of November 24, 2003 as reported in the Company's Form 10-Q for the quarterly
period ending September 30, 2003.
(c) (i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 80,411
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition: 80,411
B. Drawbridge Global Macro GP LLC
(a) Amount beneficially owned: 80,411
(b) Percent of class: 0.8%
(c) (i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 80,411
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition: 80,411
C. Drawbridge Global Macro Advisors LLC
(a) Amount beneficially owned: 618,548
(b) Percent of class: 6.4%
(c) (i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 618,548
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition: 618,548
CUSIP No. 68162K106 13G Page 13 of 16 Pages
D. Drawbridge Investment Partners LLC
(a) Amount beneficially owned: 117,819
(b) Percent of class: 1.2%
(c)(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 117,819
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition: 117,819
E. Drawbridge Special Opportunities Fund LP
(a) Amount beneficially owned: 78,550
(b) Percent of class: 0.8%
(c)(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 78,550
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition: 78,550
(e) Not applicable.
F. Drawbridge Special Opportunities GP LLC
(a) Amount beneficially owned: 78,550
(b) Percent of class: 0.8%
(c)(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 78,550
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition: 78,550
(e) Not applicable.
G. Drawbridge Special Opportunities Advisors LLC
(a) Amount beneficially owned: 117,819
(b) Percent of class: 1.2%
(c) (i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 117,819
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition: 117,819
H. Fortress Investment Group LLC
(a) Amount beneficially owned: 736,367
(b) Percent of class: 7.6%
(c)(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 736,367
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition: 736,367
Item 5. Ownership of Five Percent or Less of a Class.
Not applicable.
CUSIP No. 68162K106 13G Page 14 of 16 Pages
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Fortress has the power to direct the affairs of Drawbridge Global GP,
Drawbridge Special Opportunities GP, Drawbridge Global Advisors and Drawbridge
Special Opportunities Advisors. Drawbridge Global Advisors is the investment
manager of both Drawbridge Global LP and Drawbridge Global Ltd, and in that
capacity directs certain affairs, including certain decisions respecting the
dispositions of the proceeds from the sale of the shares. Drawbridge Global GP
is the general partner of Drawbridge Global LP and has the power to direct its
affairs and has delegated such powers to Drawbridge Global Advisors, including
certain decisions respecting the dispositions of the proceeds from the sale of
the shares. Drawbridge Special Opportunities Advisors is the investment manager
of Drawbridge Special Opportunities LP and Drawbridge Special Opportunities Ltd,
and in that capacity directs their affairs, including certain decisions
respecting the dispositions of the proceeds from the sale of the shares.
Drawbridge Special Opportunities GP is the general partner of Drawbridge Special
Opportunities LP and has the power to direct its affairs and has delegated such
powers to Drawbridge Special Opportunities Advisors, including certain decisions
respecting the dispositions of the proceeds from the sale of the shares.
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company.
Not applicable.
Item 8. Identification and Classification of Members of the Group.
See Item 2.
Item 9. Notice of Dissolution of Group.
Not applicable.
Item 10. Certification.
Each of the Reporting Persons hereby makes the following certification:
By signing below I certify that, to the best of my 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.
CUSIP No. 68162K106 13G Page 15 of 16 Pages
SIGNATURES
After reasonable inquiry and to the best of our knowledge and belief,
the undersigned certify that the information set forth in this statement is
true, complete and correct.
DATED: March 15, 2004
DRAWBRIDGE GLOBAL MACRO FUND LP
By: DRAWBRIDGE GLOBAL MACRO GP LLC
its general partner
By: /s/ Kevin Treacy
---------------------------------
Name: Kevin Treacy
Title: Chief Financial Officer
DRAWBRIDGE GLOBAL MACRO GP LLC
By: /s/ Kevin Treacy
---------------------------------
Name: Kevin Treacy
Title: Chief Financial Officer
DRAWBRIDGE GLOBAL MACRO ADVISORS LLC
By: /s/ Kevin Treacy
---------------------------------
Name: Kevin Treacy
Title: Chief Financial Officer
DRAWBRIDGE INVESTMENT PARTNERS LLC
By: /s/ Kevin Treacy
---------------------------------
Name: Kevin Treacy
Title: Chief Financial Officer
DRAWBRIDGE SPECIAL OPPORTUNITIES FUND LP
By: DRAWBRIDGE SPECIAL OPPORTUNITIES GP LLC
its general partner
By: /s/ Kevin Treacy
---------------------------------
Name: Kevin Treacy
Title: Chief Financial Officer
CUSIP No. 68162K106 13G Page 16 of 16 Pages
DRAWBRIDGE SPECIAL OPPORTUNITIES ADVISORS LLC
By: /s/ Kevin Treacy
---------------------------------
Name: Kevin Treacy
Title: Chief Financial Officer
FORTRESS INVESTMENT GROUP LLC
By: /s/ Michael Novogratz
---------------------------------
Name: Michael Novogratz
Title: Authorized Person