Smart Move, Inc. - Statement of Changes in Beneficial Ownership (4)
20 9월 2008 - 7:28AM
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
*
Grainger Thomas P
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2. Issuer Name
and
Ticker or Trading Symbol
SMART MOVE, INC.
[
MVE
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director
__
X
__ 10% Owner
_____ Officer (give title below)
_____ Other (specify below)
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(Last)
(First)
(Middle)
PO BOX 7
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3. Date of Earliest Transaction
(MM/DD/YYYY)
9/18/2008
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(Street)
SARATOGA, WY 82331
(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
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411422
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D
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Common Stock
(4)
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9/18/2008
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J
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2343750
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A
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$.32
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2755172
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D
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Common Stock Note Conversion
(3)
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9/18/2008
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J
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2312500
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A
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$.32
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5067672
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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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Warrants
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$7.50
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12/6/2006
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12/6/2011
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Common Stock
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322222
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322222
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D
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Warrants
(1)
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$1.50
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1/22/2008
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J
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100000
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9/2/2007
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12/6/2011
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Common Stock
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100000
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$0
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422222
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D
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Warrants
(1)
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$1.25
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1/22/2008
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J
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100000
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9/2/2007
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12/6/2011
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Common Stock
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100000
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$0
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522222
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D
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Warrants
(1)
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$1.00
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1/22/2008
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J
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100000
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9/2/2007
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12/6/2011
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Common Stock
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100000
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$0
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622222
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D
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Convertible Note
(1)
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$.80
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1/22/2008
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J
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675000
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1/22/2008
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9/2/2010
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Common Stock
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675000
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$540000
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1297222
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D
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Convertible Note
(1)
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$.75
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1/22/2008
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J
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266666
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1/22/2008
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1/22/2009
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Common Stock
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266666
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$200000
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1563888
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D
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Warrants
(1)
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$1.00
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1/22/2008
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J
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285000
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1/22/2008
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1/22/2013
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Common Stock
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285000
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$0
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1848888
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D
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Warrants
(1)
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$1.25
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1/22/2008
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J
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285000
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1/22/2008
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1/22/2013
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Common Stock
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285000
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$0
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2133888
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D
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Convertible Note
(2)
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$.40
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4/14/2008
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J
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333333
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4/14/2008
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4/14/2011
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Common Stock
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1875000
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$.75
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4008888
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D
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Warrants
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$.80
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4/14/2008
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J
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625000
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4/14/2008
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4/14/2013
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Common Stock
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1875000
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$.80
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5883888
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D
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Warrants
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$.40
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9/18/2008
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J
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3515625
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9/18/2008
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9/18/2013
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Common Stock
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3515625
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$.40
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9399513
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D
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Note Conversion
(3)
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$.80
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9/18/2008
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J
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675000
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1/22/2008
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2/9/2010
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Common Stock
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675000
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$.80
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8724513
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D
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Note Conversion
(3)
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$.75
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9/18/2008
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J
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266666
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1/22/2008
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1/22/2009
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Common Stock
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266666
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$.75
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8457847
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D
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Explanation of Responses:
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(
1)
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Issuance of a convertible note with warrants, and amendment of convertible note conversion terms from $1.80 to $.80 and reduction in exercise price of warrants from $7.50, $3.25 and $2.50 to $1.50, $1.25 and $1.00 respectively
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(
2)
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The conversion price is $0.75 per share until the reporting person completes the purchase of two additional notes during the second quarter of fiscal 2008, at which time the conversion price changes to $0.40 per share.
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(
3)
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Issuance of shares upon the conversion of outstanding convertible Notes.
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(
4)
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The investor has agreed with the Company that he will not exercise any warrants or convert any debt that would have the investor own more than 35% of the outstanding voting stock of the company.
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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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Grainger Thomas P
PO BOX 7
SARATOGA, WY 82331
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X
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Signatures
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/s/ Thomas P. Grainger
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9/18/2008
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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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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.
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