Meanwhile, S-3 filings totalling 5,666,490 shares have turned up the past few days. We also now know our investors:
First $4 million: Sanchez, Ryan, Cook and something called the "1988 Spendthrift Trust"
Second $4 million: Cornelius Egan (White Rock Capital), TexRock, and Haywood
Conditional $8 million: HFTP Investment LLC, Gaia Offshore Master Fund, Caerus Fund
Confirmed: HFTP and Gaia Offshore are instruments of the dreaded Promethean Asset Management LLC. Scroll to the end of this page:
contracts.corporate.findlaw.com
Finally, an amusing treatise on portfolio diversification, George Haywood style:
"Mr. Haywood, directly and indirectly, owns or has the right to acquire shares of our common stock as follows: (a) 4,138,473 shares owned in his own name, (b) 40,000 shares owned in Lehman Brothers for the Benefit of George W. Haywood IRA, (c) 115,000 shares owned jointly with his mother, (d) 30,000 shares owned by his spouse, (e) 11,500 shares owned by his children, (f) 313,941 shares underlying Series B Convertible Preferred Stock owned in his own name, (g) 588,638 shares underlying Series B Convertible Preferred Stock owned in the above-described IRA, (h) 106,430 shares underlying warrants owned in his own name, and (i) 199,556 shares underlying warrants in the above-described IRA." |
