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CUSIP
No.
00737 10 9
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1
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NAMES
OF REPORTING PERSONS
I.R.S.
IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Turbon
AG
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2
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CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
o
(b)
o
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3
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SEC
USE ONLY
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4
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SOURCE
OF FUNDS OO,
WC(1)
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5
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CHECK
BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM
2(d)
or 2 (e) o
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6
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CITIZENSHIP
OR PLACE OF ORGANIZATION
Germany
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NUMBER
OF
SHARES
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7
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SOLE
VOTING POWER 9,192,397(2)
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BENEFICIALLY
OWNED
BY
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8
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SHARED
VOTING POWER 0
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EACH
REPORTING
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9
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SOLE
DISPOSITIVE POWER 9,192,397(2)
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PERSON
WITH
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10
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SHARED
DISPOSITIVE POWER 0
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11
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AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,192,397(2)
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12
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CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN
SHARES
o
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13
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PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW 11 16.41%(2)(3)
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14
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TYPE
OF REPORTING PERSON
CO
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(1)
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See
Item 3.
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(2)
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Includes
2,400,000 shares of common stock of the issuer underlying 2,400,000
common
stock purchase warrants exercisable through May 3, 2008.
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(3)
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Based
on 56,033,286 shares of common stock of the issuer outstanding
as of
December 31, 2006 (as furnished to the reporting person by the
issuer),
including the 2,400,000 shares referred to in footnote (1)
above.
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| (a) |
As
of January 31, 2007, Turbon AG beneficially owned 9,192,397 shares
of the
Issuer’s Common Stock, or approximately 16.41% of the shares of Common
Stock outstanding (based on 56,033,286 shares of common stock of
the
Issuer outstanding as of December 31, 2006, as furnished to the Reporting
Person by the Issuer). Included in the number of shares of Common
Stock of
the Issuer issued and outstanding and in the number of shares of
Common
Stock of the Issuer owned by Turbon AG are (i) 2,400,000 shares of
Common
Stock and (ii) an additional 2,400,000 shares of Common Stock underlying
Common Stock purchase warrants exercisable at $1.25 per share through
May
3, 2008.
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| (b) |
Turbon
AG has sole voting power with respect to, and the sole power to dispose
or
to direct the disposition of, the shares of the Common Stock owned
by
Turbon AG. Except as set forth in this Item 5(c), the Reporting Persons
have not effected any transaction in the Issuer’s Common Stock during the
past 60 days.
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| (c) |
N/A.
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| (d) |
N/A.
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Turbon
AG
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By:
/s/ Al
Deluca
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Al
Deluca, Director
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