|
1.
|
NAMES
OF REPORTING PERSONS
Christopher
F. Brogdon
|
|
|
2.
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
|
(a)
o
(b)
x
|
|
3.
|
SEC
USE ONLY
|
|
|
4.
|
SOURCE
OF FUNDS
PF
|
|
|
5.
|
CHECK
IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR
2(e)
|
o |
|
6.
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
United
States of America
|
|
NUMBER
OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON
WITH
|
7.
|
SOLE
VOTING POWER
0
|
|
8.
|
SHARED
VOTING POWER
833,588
|
|
|
9.
|
SOLE
DISPOSITIVE POWER
0
|
|
|
10.
|
SHARED
DISPOSITIVE POWER
833,588
|
|
11.
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
833,588
|
|
|
10.
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS)
|
o |
|
11.
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
19.3%
|
|
|
12.
|
TYPE
OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
|
|
1.
|
NAMES
OF REPORTING PERSONS
Connie
B. Brogdon
|
|
|
2.
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
|
(a)
o
(b)
x
|
|
3.
|
SEC
USE ONLY
|
|
|
4.
|
SOURCE
OF FUNDS
PF
|
|
|
5.
|
CHECK
IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR
2(e)
|
o |
|
6.
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
United
States of America
|
|
NUMBER
OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON
WITH
|
7.
|
SOLE
VOTING POWER
0
|
|
8.
|
SHARED
VOTING POWER
833,588
|
|
|
9.
|
SOLE
DISPOSITIVE POWER
0
|
|
|
10.
|
SHARED
DISPOSITIVE POWER
833,588
|
|
11.
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
833,588
|
|
|
10.
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS)
|
o |
|
11.
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
19.3%
|
|
|
12.
|
TYPE
OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
|
|
This
Amendment No. 7 to Schedule 13D (this “Amendment”) amends and restates,
where indicated, the statement on Schedule 13D relating to the Common
Stock of the Issuer filed by the Reporting Persons with the Securities and
Exchange Commission on April 16, 2008 (the “Initial Statement”), as
amended by Amendment No. 1, Amendment No. 2, Amendment No. 3, Amendment
No. 4, Amendment No. 5 and Amendment No. 6 to Schedule 13D filed by the
Reporting Persons with the Securities and Exchange Commission on May 8,
2008, June 4, 2008, July 15, 2008, August 21, 2008, March 24, 2009, and
June 18, 2009, respectively (together, the “Previously Filed Amendments”).
This Amendment is being made to disclose acquisitions by the Reporting
Persons of additional shares of Common Stock and warrants to purchase
Common Stock that were not previously reported on the Initial Statement or
the Previously Filed Amendments. Capitalized terms used in this Amendment
but not otherwise defined herein have the meanings ascribed to such terms
in the Initial Statement. Except as otherwise set forth herein,
this Amendment does not modify any of the information previously reported
by the Reporting Persons in the Initial Statement or the Previously Filed
Amendments.
|
||
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Item
3.
|
Source
and Amount of Funds or Other Consideration.
|
|
|
The
Reporting Persons reported the acquisition of beneficial ownership of
6,000 shares of Common Stock and warrants to purchase 47,446 shares of
Common Stock for cash in an aggregate amount of $24,292.59 using personal
funds available on hand.
|
||
|
Item
5.
|
Interest
in Securities of the Issuer.
|
|
|
(a).-(b).
|
As
of the date of this Amendment, the Reporting Persons held 294,350 shares
of Common Stock and warrants to purchase 539,238 shares of Common Stock,
which represents approximately 19.3% of the outstanding Common Stock as of
May 15, 2009. The calculation of this percentage is based on
3,786,129 shares of Common Stock outstanding as of May 15, 2009, as
disclosed by the Issuer in its Quarterly Report on Form 10-Q for the
quarter ended March 31, 2009.
|
|
|
Each
of the Reporting Persons may be deemed to beneficially own an aggregate of
833,588 shares of Common Stock, comprised of (i) 78,561 shares of Common
Stock held of record by Mr. Brogdon; (ii) 85,392 shares of Common Stock
that may be acquired by Mr. Brogdon upon the exercise of presently
exercisable warrants held by Mr. Brogdon at an exercise price of $5.40 per
share; (iii) 199,789 shares of Common Stock held of record by Ms. Brogdon;
(iv) 339,946 shares of Common Stock that may be acquired by Ms. Brogdon
upon the exercise of presently exercisable warrants held by Ms. Brogdon at
an exercise price of $5.40 per share; (v) 16,000 shares of Common Stock
held of record by Ms. Brogdon as custodian for the benefit of the
Reporting Persons’ minor child under the Uniform Gift to Minors Act; and
(vi) 113,900 shares of Common Stock that may be acquired by Ms. Brogdon
upon the exercise of presently exercisable warrants held by Mr. Brogdon as
custodian for the benefit of the Reporting Persons’ minor child under the
Uniform Gift to Minors Act at an exercise price of $5.40 per
share.
|
||
|
The
Cover Pages of this Amendment are incorporated herein by
reference.
|
||
|
(c).
|
The
following table sets forth all transactions by the Reporting Persons with
respect to the Common Stock that were not previously reported
in the Initial Statement or the Previously Filed
Amendments.
|
|
|
Trade
Date
|
Number
of Shares
or
Warrants
Purchased
|
Purchase
Price
Per
Share
or
Warrant
|
How
Purchase
Effected
|
Reporting
Person
|
|
06/15/2009*
|
8,100
|
$0.400
|
Open
market
|
Ms.
Brogdon
|
|
06/23/2009*
|
38,846
|
$0.542
|
Open
market
|
Ms.
Brogdon
|
|
07/01/2009
|
6,000
|
$2.250
|
Open
market
|
Ms.
Brogdon
|
|
07/01/2009*
|
500
|
$0.450
|
Open
market
|
Ms.
Brogdon
|
|
*
|
Represents
purchase of warrants to purchase shares of Common
Stock.
|
|
(d).
|
Not
applicable.
|
|
|
(e).
|
Not
applicable.
|
|
July 9, 2009
|
|||
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(Date)
|
|||
|
/s/ Christopher F. Brogdon
|
|||
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(Signature)
|
|||
|
Christopher F. Brogdon
|
|
July 6, 2009
|
|||
|
(Date)
|
|||
|
/s/ Connie B. Brogdon
|
|||
|
(Signature)
|
|||
|
Connie B. Brogdon
|