<SUBMISSION>
<ACCESSION-NUMBER>0001005477-08-000957
<TYPE>4
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20080108
<FILING-DATE>20080211
<DATE-OF-FILING-DATE-CHANGE>20080211
<ISSUER>
<COMPANY-DATA>
<CONFORMED-NAME>180 Connect Inc.
<CIK>0001323639
<ASSIGNED-SIC>1731
<IRS-NUMBER>202650200
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<BUSINESS-ADDRESS>
<STREET1>6501 EAST BELLEVIEW
<CITY>ENGLEWOOD
<STATE>CO
<ZIP>80111
<PHONE>303-395-6001
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>6501 EAST BELLEVIEW
<CITY>ENGLEWOOD
<STATE>CO
<ZIP>80111
</MAIL-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>Ad.Venture Partners, Inc.
<DATE-CHANGED>20050413
</FORMER-COMPANY>
</ISSUER>
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>GRIN EUGENE
<CIK>0001296338
</OWNER-DATA>
<FILING-VALUES>
<FORM-TYPE>4
<ACT>34
<FILE-NUMBER>001-33670
<FILM-NUMBER>08594698
</FILING-VALUES>
<BUSINESS-ADDRESS>
<PHONE>212-541-5800X213
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>825 THIRD AVENUE 14TH FLOOR
<CITY>NEW YORK
<STATE>NY
<ZIP>10022
</MAIL-ADDRESS>
</REPORTING-OWNER>
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>GRIN DAVID
<CIK>0001296339
</OWNER-DATA>
<FILING-VALUES>
<FORM-TYPE>4
<ACT>34
<FILE-NUMBER>001-33670
<FILM-NUMBER>08594699
</FILING-VALUES>
<BUSINESS-ADDRESS>
<PHONE>212-541-5800X209
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>825 THIRD AVENUE 14TH FLOOR
<CITY>NEW YORK
<STATE>NY
<ZIP>10022
</MAIL-ADDRESS>
</REPORTING-OWNER>
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>Valens Capital Management, LLC
<CIK>0001413179
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</OWNER-DATA>
<FILING-VALUES>
<FORM-TYPE>4
<ACT>34
<FILE-NUMBER>001-33670
<FILM-NUMBER>08594700
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>335 MADISON AVENUE, 10TH FLOOR
<CITY>NEW YORK
<STATE>NY
<ZIP>10017
<PHONE>212-541-5800
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>335 MADISON AVENUE, 10TH FLOOR
<CITY>NEW YORK
<STATE>NY
<ZIP>10017
</MAIL-ADDRESS>
</REPORTING-OWNER>
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>Valens U.S. SPV I, LLC
<CIK>0001413180
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</OWNER-DATA>
<FILING-VALUES>
<FORM-TYPE>4
<ACT>34
<FILE-NUMBER>001-33670
<FILM-NUMBER>08594702
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>335 MADISON AVENUE, 10TH FLOOR
<CITY>NEW YORK
<STATE>NY
<ZIP>10017
<PHONE>212-541-5800
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>335 MADISON AVENUE, 10TH FLOOR
<CITY>NEW YORK
<STATE>NY
<ZIP>10017
</MAIL-ADDRESS>
</REPORTING-OWNER>
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>Erato CORP
<CIK>0001414388
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</OWNER-DATA>
<FILING-VALUES>
<FORM-TYPE>4
<ACT>34
<FILE-NUMBER>001-33670
<FILM-NUMBER>08594704
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>335 MADISON AVENUE, 10TH FLOOR
<CITY>NEW YORK
<STATE>NY
<ZIP>10017
<PHONE>(212) 541-5800
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>335 MADISON AVENUE, 10TH FLOOR
<CITY>NEW YORK
<STATE>NY
<ZIP>10017
</MAIL-ADDRESS>
</REPORTING-OWNER>
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>LAURUS MASTER FUND LTD
<CIK>0001189294
<STATE-OF-INCORPORATION>E9
<FISCAL-YEAR-END>1231
</OWNER-DATA>
<FILING-VALUES>
<FORM-TYPE>4
<ACT>34
<FILE-NUMBER>001-33670
<FILM-NUMBER>08594705
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>152 W 57TH ST
<CITY>NEW YORK
<STATE>NY
<ZIP>10019
<PHONE>2125415800
</BUSINESS-ADDRESS>
</REPORTING-OWNER>
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>Valens Offshore SPV I, Ltd.
<CIK>0001420984
<STATE-OF-INCORPORATION>E9
<FISCAL-YEAR-END>1231
</OWNER-DATA>
<FILING-VALUES>
<FORM-TYPE>4
<ACT>34
<FILE-NUMBER>001-33670
<FILM-NUMBER>08594701
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>335 MADISON AVENUE, 10TH FLOOR
<CITY>NEW YORK
<STATE>NY
<ZIP>10017
<PHONE>(212) 541-5800
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>335 MADISON AVENUE, 10TH FLOOR
<CITY>NEW YORK
<STATE>NY
<ZIP>10017
</MAIL-ADDRESS>
</REPORTING-OWNER>
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>LAURUS CAPITAL MANAGEMENT LLC
<CIK>0001296341
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</OWNER-DATA>
<FILING-VALUES>
<FORM-TYPE>4
<ACT>34
<FILE-NUMBER>001-33670
<FILM-NUMBER>08594703
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>825 THIRD AVENUE 14TH FLOOR
<CITY>NEW YORK
<STATE>NY
<ZIP>10022
<PHONE>212-541-5800X209
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>825 THIRD AVENUE 14TH FLOOR
<CITY>NEW YORK
<STATE>NY
<ZIP>10022
</MAIL-ADDRESS>
</REPORTING-OWNER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar123.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2008-01-08</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001323639</issuerCik>
        <issuerName>180 Connect Inc.</issuerName>
        <issuerTradingSymbol>CNCT</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001189294</rptOwnerCik>
            <rptOwnerName>LAURUS MASTER FUND LTD</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O LAURUS CAPITAL MANAGEMENT, LLC</rptOwnerStreet1>
            <rptOwnerStreet2>335 MADISON AVENUE, 10TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10017</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
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            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>Disclaimed Group</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001414388</rptOwnerCik>
            <rptOwnerName>Erato CORP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O LAURUS CAPITAL MANAGEMENT, LLC</rptOwnerStreet1>
            <rptOwnerStreet2>335 MADISON AVENUE, 10TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10017</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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            <isOther>1</isOther>
            <otherText>Disclaimed Group</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001296341</rptOwnerCik>
            <rptOwnerName>LAURUS CAPITAL MANAGEMENT LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>335 MADISON AVENUE, 10TH FLOOR</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10017</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001413180</rptOwnerCik>
            <rptOwnerName>Valens U.S. SPV I, LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>335 MADISON AVENUE, 10TH FLOOR</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10017</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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        <reportingOwnerRelationship>
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        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001420984</rptOwnerCik>
            <rptOwnerName>Valens Offshore SPV I, Ltd.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O LAURUS CAPITAL MANAGEMENT, LLC</rptOwnerStreet1>
            <rptOwnerStreet2>335 MADISON AVENUE, 10TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10017</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
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        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001413179</rptOwnerCik>
            <rptOwnerName>Valens Capital Management, LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>335 MADISON AVENUE, 10TH FLOOR</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10017</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
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            <isOther>1</isOther>
            <otherText>Disclaimed Group</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001296339</rptOwnerCik>
            <rptOwnerName>GRIN DAVID</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O LAURUS CAPITAL MANAGEMENT, LLC</rptOwnerStreet1>
            <rptOwnerStreet2>335 MADISON AVENUE, 10TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10017</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>Disclaimed Group</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001296338</rptOwnerCik>
            <rptOwnerName>GRIN EUGENE</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O LAURUS CAPITAL MANAGEMENT, LLC</rptOwnerStreet1>
            <rptOwnerStreet2>335 MADISON AVENUE, 10TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10017</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>Disclaimed Group</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Common Stock Purchase Warrant</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0.01</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2008-01-08</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
                <footnoteId id="F2"/>
                <footnoteId id="F3"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>441943</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>1.02</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2007-10-31</value>
            </exerciseDate>
            <expirationDate>
                <value>2012-07-02</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>441943</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>441943</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                    <footnoteId id="F4"/>
                    <footnoteId id="F5"/>
                    <footnoteId id="F6"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See footnotes</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                    <footnoteId id="F4"/>
                    <footnoteId id="F5"/>
                    <footnoteId id="F6"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeTransaction>
        <derivativeTransaction>
            <securityTitle>
                <value>Common Stock Purchase Warrant</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0.01</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2008-01-08</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
                <footnoteId id="F2"/>
                <footnoteId id="F3"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>441943</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>1.02</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2007-10-31</value>
            </exerciseDate>
            <expirationDate>
                <value>2012-07-02</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>441943</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>441943</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                    <footnoteId id="F4"/>
                    <footnoteId id="F5"/>
                    <footnoteId id="F6"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See footnotes</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                    <footnoteId id="F4"/>
                    <footnoteId id="F5"/>
                    <footnoteId id="F6"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">On January 8, 2008, Erato Corporation (&quot;Erato&quot;) transferred to its affiliates, Valens Offshore SPV I, Ltd. (&quot;VOFF SPV I&quot;) and Valens U.S. SPV I, LLC (&quot;Valens U.S.&quot;), certain warrants (the &quot;July Warrant&quot;) to acquire 328,094 shares of the common stock, par value $0.0001 per share (the &quot;Shares&quot;), and 113,849 Shares, respectively, of 180 Connect Inc., a Delaware corporation (the &quot;Company&quot;), at an exercise price of $0.01 per Share, subject to certain adjustments.  As of January 8, 2008, after giving effect to the transfer described above, Erato held (i) a July Warrant to acquire 149,080  Shares, of which 1,324 Shares are exercisable at an exercise price of $0.01 per Share, and 147,756 Shares are exercisable at an exercise price of $3.00 per Share, each subject to certain adjustments, and (ii) 2,702,907 Shares.</footnote>
        <footnote id="F2">As of January 8, 2008, after giving effect to the transfer described above, Laurus Master Fund, Ltd. (the &quot;Fund&quot;, and together with Erato, VOFF SPV I, and Valens U.S., the &quot;Investors&quot;), held a warrant (the &quot;September Warrant&quot; and together with the July Warrant, the &quot;Warrants&quot;) to acquire 250,000 Shares, at an exercise price of $3.00 per Share, subject to certain adjustments.  As of January 8, 2008, after giving effect to the transfer described above, Valens U.S. held a July Warrant to acquire 122,826 Shares, of which 120,582 Shares are exercisable at an exercise price of $0.01 per Share, and 2,244 Shares are exercisable at an exercise price of $3.00 per Share, each subject to certain adjustments.  As of January 8, 2008, after giving effect to the transfer described above, VOFF SPV I held a July Warrant to acquire 328,094 Shares, exercisable at an exercise price of $0.01 per Share.</footnote>
        <footnote id="F3">The Warrants each contain an issuance limitation prohibiting the Investors from exercising or converting those securities to the extent that such exercise would result in beneficial ownership by the Investors of more than 9.99% of the Shares then issued and outstanding. The Warrants each contain a restriction preventing the Investors from selling the Shares underlying such warrants until July 2, 2008.</footnote>
        <footnote id="F4">Erato is a wholly owned subsidiary of the Fund.  The Fund is managed by Laurus Capital Management, LLC, a Delaware limited liability company (&quot;LCM&quot;).  Valens U.S. and VOFF SPV I are managed by Valens Capital Management, LLC, a Delaware limited liability company (&quot;VCM&quot;).  Eugene Grin and David Grin, through other entities, are the controlling principals of LCM and VCM, and share sole voting and investment power over all securities of the Company held by the Investors.  Each of Erato and the Fund disclaims beneficial ownership of the securities of the Company held by Valens U.S. and VOFF SPV I, except to the extent of such person's pecuniary interest in Valens U.S. and VOFF SPV I, if any.  Erato disclaims beneficial ownership of the securities of the Company held by the Fund, except to the extent of such person's pecuniary interest in the Fund, if any.</footnote>
        <footnote id="F5">Valens U.S. and VOFF SPV I disclaims beneficial ownership of the securities of the Company held by each of Erato and the Fund, except to the extent of such person's pecuniary interest in Erato and the Fund, if any.   Valens U.S. disclaims beneficial ownership of the securities of the Company held by VOFF SPV I, except to the extent of such person's pecuniary interest in VOFF SPV I, if any.  VOFF SPV I disclaims beneficial ownership of the securities of the Company held by Valens U.S., except to the extent of such person's pecuniary interest in Valens U.S., if any.  Each of LCM, VCM, Eugene Grin and David Grin disclaims beneficial ownership of the securities of the Company held by the Investors except to the extent of such person's pecuniary interest in the Investors, if any.</footnote>
        <footnote id="F6">The filing of this statement shall not be deemed an admission that any person is, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the beneficial owner of any equity securities covered by or described in this statement.</footnote>
    </footnotes>

    <remarks>Contemporaneously with this filing, VOFF SPV I has caused a Form 3 to be filed on its behalf reflecting the transfer to VOFF SPV I reported herein.</remarks>

    <ownerSignature>
        <signatureName>/s/ Eugene Grin, Director of Laurus Master Fund, Ltd.</signatureName>
        <signatureDate>2008-02-11</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Eugene Grin, Chairman, President and Secretary of Erato Corporation</signatureName>
        <signatureDate>2008-02-11</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ David Grin, Principal of Laurus Capital Management, LLC</signatureName>
        <signatureDate>2008-02-11</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ David Grin, Authorized Signatory of Valens U.S. SPV I, LLC</signatureName>
        <signatureDate>2008-02-11</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Eugene Grin, Authorized Signatory of Valens U.S. SPV I, LLC</signatureName>
        <signatureDate>2008-02-11</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Eugene Grin, Authorized Signatory of Valens Offshore SPV I, Ltd.</signatureName>
        <signatureDate>2008-02-11</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ David Grin, Principal of Valens Capital Management, LLC</signatureName>
        <signatureDate>2008-02-11</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Eugene Grin, Principal of Valens Capital Management, LLC</signatureName>
        <signatureDate>2008-02-11</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ David Grin</signatureName>
        <signatureDate>2008-02-11</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Eugene Grin</signatureName>
        <signatureDate>2008-02-11</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SUBMISSION>
