- Statement of Changes in Beneficial Ownership (4)
July 09 2010 - 5:45PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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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(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
Coriaty David
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2. Issuer Name
and
Ticker or Trading Symbol
Hawk Systems, Inc.
[
HWSY
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__
X
__ Director
__
X
__ 10% Owner
_____ Officer (give title below)
_____ Other (specify below)
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(Last)
(First)
(Middle)
2385 NW EXECUTIVE CENTER DRIVE, SUITE 100
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3. Date of Earliest Transaction
(MM/DD/YYYY)
3/16/2009
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(Street)
BOCA RATON, FL 33431
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_
X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security
(Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code
(Instr. 8)
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4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock
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4/8/2010
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C
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5787334
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A
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(2)
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5787334
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D
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Common Stock
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4/8/2010
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C
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200000
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A
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(2)
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200000
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I
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By Wife
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Common Stock
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5/25/2010
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G
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V
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10000
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D
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$0
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5777334
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D
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Common Stock
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5/25/2010
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G
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V
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30000
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D
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$0
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5747334
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D
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Common Stock
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5/25/2010
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G
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V
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25000
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D
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$0
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5722334
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D
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Common Stock
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5/25/2010
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G
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V
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214285
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D
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$0
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5508049
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D
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Common Stock
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5/25/2010
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G
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V
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2000000
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D
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$0
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3508049
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D
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Common Stock
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5/25/2010
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G
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V
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120000
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D
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$0
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3388049
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D
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Common Stock
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6/15/2010
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S
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2750000
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D
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$0.135
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638049
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D
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Common Stock
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7/8/2010
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A
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8843427
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A
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(4)
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9481476
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D
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Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security
(Instr. 3)
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2. Conversion or Exercise Price of Derivative Security
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3. Trans. Date
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3A. Deemed Execution Date, if any
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4. Trans. Code
(Instr. 8)
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5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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6. Date Exercisable and Expiration Date
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7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
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8. Price of Derivative Security
(Instr. 5)
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9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)
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10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)
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11. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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(A)
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(D)
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Date Exercisable
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Expiration Date
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Title
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Amount or Number of Shares
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Series B Preferred Stock
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(1)
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3/16/2009
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S
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220
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(1)
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(1)
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Common Stock
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22000
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$50
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66670
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D
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Series B Preferred Stock
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(1)
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9/8/2009
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S
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1500
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(1)
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(1)
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Common Stock
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150000
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$100
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65170
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D
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Series B Preferred Stock
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(1)
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9/8/2009
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S
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500
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(1)
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(1)
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Common Stock
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50000
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$100
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64670
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D
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Series B Preferred Stock
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(1)
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9/8/2009
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S
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400
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(1)
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(1)
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Common Stock
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40000
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$100
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64270
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D
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Series B Preferred Stock
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(1)
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9/8/2009
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S
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500
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(1)
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(1)
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Common Stock
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50000
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$100
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63770
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D
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Series B Preferred Stock
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(1)
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9/8/2009
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S
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750
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(1)
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(1)
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Common Stock
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75000
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$100
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63020
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D
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Series B Preferred Stock
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(1)
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9/8/2009
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S
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200
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(1)
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(1)
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Common Stock
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20000
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$100
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62820
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D
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Series B Preferred Stock
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(1)
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11/14/2009
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S
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240
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(1)
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(1)
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Common Stock
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24000
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$50
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62580
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D
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Series B Preferred Stock
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(1)
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12/17/2009
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S
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1666.66
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(1)
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(1)
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Common Stock
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166666
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$30
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60913.34
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D
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Series B Preferred Stock
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(1)
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3/10/2010
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S
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800
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(1)
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(1)
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Common Stock
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80000
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$50
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60113.34
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D
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Series B Preferred Stock
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(1)
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4/6/2010
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S
(3)
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2240
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(1)
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(1)
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Common Stock
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224000
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(3)
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57873.34
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D
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Series B Preferred Stock
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(1)
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4/8/2010
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C
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57873.34
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(1)
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(1)
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Common Stock
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5787334
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$0
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0
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D
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Series B Preferred Stock
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(1)
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4/8/2010
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C
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2000
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(1)
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(1)
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Common Stock
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200000
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$0
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0
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I
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By Wife
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Explanation of Responses:
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(
1)
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Each share of Series B Preferred Stock is convertible at any time into 100 shares of the Issuer's common stock, par value $.01 per share ("Common Stock") and has no expiration date.
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(
2)
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The Series B Preferred Stock automatically converted into the Issuer?s Common Stock on a 100-for-1 basis on the date immediately after the Issuer effected a 1-for-6 reverse split of its Common Stock.
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(
3)
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The Shares of the Issuer's Series B Preferred Stock were transferred to the Issuer for cancellation by the Reporting Person for no consideration.
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(
4)
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The shares of Common Stock were issued to the Reporting Person in lieu of compensation in the aggregate amount of approximately $439,900 owed to him under his employment agreement through May 31, 2010, as well as for the conversion of outstanding promissory notes and other debt obligations owed to him by the Issuer in the aggregate amount of $446,176, including accrued interest.
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Reporting Owners
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Reporting Owner Name / Address
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Relationships
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Director
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10% Owner
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Officer
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Other
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Coriaty David
2385 NW EXECUTIVE CENTER DRIVE
SUITE 100
BOCA RATON, FL 33431
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X
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X
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Signatures
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/s/ David Coriaty
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7/9/2010
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**
Signature of Reporting Person
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Date
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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*
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If the form is filed by more than one reporting person,
see
Instruction 4(b)(v).
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**
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Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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Note:
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File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
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