-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 A1TTiJ0oJ4XEWp9gdU5n99Oe/WseDOwtMal59OhMglSSe7iL09UDhih9CY79H1QO
 h/RX+UeV2EdAmg4VNnHHFw==

<SEC-DOCUMENT>0001193125-08-038384.txt : 20080226
<SEC-HEADER>0001193125-08-038384.hdr.sgml : 20080226
<ACCEPTANCE-DATETIME>20080226123255
ACCESSION NUMBER:		0001193125-08-038384
CONFORMED SUBMISSION TYPE:	424B3
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20080226
DATE AS OF CHANGE:		20080226

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AMERICAN TECHNOLOGY CORP /DE/
		CENTRAL INDEX KEY:			0000924383
		STANDARD INDUSTRIAL CLASSIFICATION:	HOUSEHOLD AUDIO & VIDEO EQUIPMENT [3651]
		IRS NUMBER:				870361799
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		424B3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-127534
		FILM NUMBER:		08642020

	BUSINESS ADDRESS:	
		STREET 1:		15378 AVENUE OF SCIENCE, SUITE 100
		CITY:			SAN DIEGO
		STATE:			CA
		ZIP:			92128
		BUSINESS PHONE:		858-676-1112

	MAIL ADDRESS:	
		STREET 1:		15378 AVENUE OF SCIENCE, SUITE 100
		CITY:			SAN DIEGO
		STATE:			CA
		ZIP:			92128
</SEC-HEADER>
<DOCUMENT>
<TYPE>424B3
<SEQUENCE>1
<FILENAME>d424b3.htm
<DESCRIPTION>FORM 424B3
<TEXT>
<HTML><HEAD>
<TITLE>Form 424B3</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>Filed Pursuant to Rule 424(b)(3) <BR> Registration No. 333-127534<BR><BR> </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>PROSPECTUS </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>2,272,137 Shares </B>
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g72977img_001.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Common Stock </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2">This prospectus may be used only for the sale or other disposition of up to 2,272,137 shares of common stock or interests therein by the selling stockholders identified in this prospectus. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">We will not receive any of the proceeds from the sale of the shares of our common stock by the selling stockholders. We will, however, receive the
proceeds from the sale of shares of our common stock to certain selling stockholders to the extent they exercise for cash their warrants identified in this prospectus. We will pay the expenses incurred in registering the shares, including legal and
accounting fees. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">The price or prices at which the selling stockholders may sell the shares will be determined by the prevailing market
price for the shares or in negotiated transactions. The selling stockholders may sell shares directly to purchasers or through brokers or dealers. Brokers or dealers may receive compensation in the form of discounts, concessions or commissions from
the selling stockholders. See the &#147;Plan of Distribution&#148; on page 6. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Our common stock is traded on the Nasdaq Capital Market
under the symbol &#147;ATCO.&#148; On February&nbsp;13, 2008, the last reported sales price for the common stock was $1.94 per share. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman"
SIZE="2"><B>INVESTING IN THE COMMON STOCK OFFERED IN THIS PROSPECTUS INVOLVES A HIGH DEGREE OF RISK. SEE &#147;<FONT FACE="Times New Roman" SIZE="3">
<A HREF="#cov72977_1">RISK FACTORS</A></FONT><FONT FACE="Times New Roman" SIZE="2">&#148; BEGINNING ON PAGE 2. </FONT></B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>NEITHER THE
SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES COMMISSION HAS APPROVED OR DISAPPROVED OF THESE SECURITIES OR PASSED UPON THE ADEQUACY OR ACCURACY OF THIS PROSPECTUS. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.
</B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">The date of this Prospectus is February 25, 2008. </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">
<A NAME="toc"></A>TABLE OF CONTENTS </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="96%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Page</B></FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">
<A HREF="#toc72977_1">Disclosure Regarding Forward-Looking Statements</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">
<A HREF="#toc72977_2">Prospectus Summary</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">
<A HREF="#toc72977_3">Risk Factors</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">
<A HREF="#toc72977_4">Incorporation of Certain Information By Reference</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">
<A HREF="#toc72977_5">Use of Proceeds</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">
<A HREF="#toc72977_6">Selling Stockholders</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">
<A HREF="#toc72977_7">Plan of Distribution</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">
<A HREF="#toc72977_8">Legal Matters</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">
<A HREF="#toc72977_9">Experts</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">
<A HREF="#toc72977_10">Where You Can Find More Information</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>You should rely only on the information contained or incorporated by reference in this
prospectus. We have not authorized anyone to provide you with different information. If anyone provides you with different or inconsistent information, you should not rely on it. The selling stockholders are not making an offer to sell these
securities in any jurisdiction where the offer or sale is not permitted. You should not assume that the information in this registration statement or any related prospectus, including any information incorporated herein by reference, is accurate as
of any date other than the date on the front of the applicable document, or such earlier date as is expressly stated or otherwise apparent with respect to such incorporated information in the applicable document, regardless of the time of delivery
of this prospectus or any sale of our common stock. Our business, financial condition, results of operations and prospects may have changed since any such date. </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2">The terms &#147;we,&#148; &#147;us,&#148; &#147;our&#148; and the &#147;company,&#148; as used in this prospectus, refer to American Technology Corporation, unless otherwise indicated. </FONT></P> <P
STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>
<A NAME="toc72977_1"></A>DISCLOSURE REGARDING FORWARD-LOOKING STATEMENTS </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Some of the statements in this prospectus and in the
documents incorporated by reference constitute forward-looking statements within the meaning of Section&nbsp;27A of the Securities Act of 1933, as amended. We use words like &#147;anticipates,&#148; &#147;believes,&#148; &#147;plans,&#148;
&#147;expects,&#148; &#147;future,&#148; &#147;intends,&#148; &#147;may,&#148; &#147;will,&#148; &#147;should,&#148; &#147;would,&#148; &#147;could,&#148; &#147;potential,&#148; &#147;continue,&#148; &#147;ongoing,&#148; &#147;estimates&#148; and
similar expressions to identify these forward-looking statements. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">You should not place undue reliance on our forward-looking statements.
We have based these forward-looking statements on our current expectations and projections about future events. However, our actual results could differ materially from those anticipated in these forward-looking statements as a result of numerous
risks and uncertainties that are beyond our control, including those we discuss in &#147;Risk Factors, &#147; the information incorporated therein by reference and elsewhere in this prospectus and in the documents incorporated by reference in this
prospectus. The information in this prospectus speaks only as of the date of this prospectus and the information incorporated herein by reference speaks only as of its date. Except as required by law, we undertake no obligation to update any
forward-looking statement, whether as a result of new information, future events or otherwise. You should not rely on these statements without also considering the risks and uncertainties associated with these statements and our business.
</FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>
<A NAME="toc72977_2"></A>PROSPECTUS SUMMARY </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><I>This summary highlights information contained elsewhere in this prospectus and in the
documents incorporated by reference. This summary does not contain all the information that you should consider before investing in our common stock. You should read this entire prospectus, including all documents incorporated by reference,
carefully, especially &#147;Risk Factors&#148; and our consolidated financial statements and related notes incorporated by reference herein. Please see the section entitled &#147;Where You Can Find More Information&#148; on page&nbsp;7 of this
prospectus. </I></FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Our Business </B></FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%;padding-bottom:3px;line-Height:95%; vertical-align:top"><FONT FACE="Times New Roman" SIZE="2">American Technology Corporation develops and delivers innovative directed acoustic products that
beam, focus and control sound over short and long distances. By placing sound only where needed, we not only enhance many typical speaker applications, but we offer novel sound applications that conventional speakers cannot achieve. We offer a range
of directional sound products for applications ranging from focusing digital signage advertising on a customer at ten feet to protecting assets by communicating with and deterring threats over distances greater than 500 meters. For the last eleven
years we have been at the forefront developing new acoustic innovations to project, focus, shape and control sound and we believe we have established a significant competitive advantage in our principal markets. We believe we are the leader in
commercializing parametric speakers, branded as HyperSonic<FONT FACE="Times New Roman" SIZE="1"><SUP>&reg;</SUP></FONT> sound or HSS<FONT FACE="Times New Roman" SIZE="1"><SUP>&reg;</SUP></FONT>. Our Long Range Acoustic Device or LRAD<FONT
FACE="Times New Roman" SIZE="1"><SUP>&reg;</SUP></FONT> is pioneering a new worldwide market for highly-directional long-range hailing and warning devices capable of communicating with authority and clarity over 500 meters. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">We have 52 patents issued worldwide covering our various sound technologies, of which 41 are patents issued in the United States. We also have 105
pending patent applications worldwide, of which 34 are pending patent applications in the United States. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Our results of operations depend
on our sales of audio products and systems in the commercial and government markets. Our products are sold worldwide with the United States currently our largest market. Although we believe we are the leader in directed sound products, we are still
in the early stage of marketing to new emerging markets and our products are not yet widely accepted. We believe that the growth in defense, homeland security and border patrol security, as well as related risk management spending by commercial
customers, provides a growing market for our sound products to be used for intelligible communication and notification over long distances. We also believe digital signage provides a rapidly growing market for new sound applications not capable of
being met by conventional sound devices or loudspeakers. Moreover, the development of other low-cost products gaining wide acceptance in mass markets such as low-cost plasma and flat panel screens and low-cost high-speed networks offer, in our view,
significant growth opportunities for our HSS focused sound products for in-store advertising and digital signage markets. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Our shares of
common stock trade on the NASDAQ Capital Market under the symbol &#147;ATCO.&#148; We had 30,535,207 shares issued and outstanding by 1,054 holders of record of our common stock as of January&nbsp;31, 2008. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Our address is 15378 Avenue of Science, Suite 100, San Diego, California, 92128, our telephone number is (858)&nbsp;676-1112, and our internet website is
located at <U>www.atcsd.com</U>. The information on our website is not incorporated by reference into this report nor is it part of this report. See the section entitled &#147;Where You Can Find More Information&#148; on page&nbsp;7 of this
prospectus. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>The Offering </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">This
prospectus covers securities which we issued in two separate transactions. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><I>July 2005 Financing</I>. We entered into a securities
purchase agreement, dated as of July&nbsp;14, 2005, with some of the selling stockholders. We refer to these selling stockholders as the July 2005 Financing stockholders. The July 2005 Financing stockholders paid us an aggregate of $14 million in
gross proceeds in consideration for 2,868,851 shares of our common stock at a price of $4.88 per share. In connection with this financing, we issued two warrants to each July 2005 Financing stockholder. The &#147;A&#148; Warrants are exercisable for
an aggregate of 717,213 shares of common stock at an exercise price of $6.36 per share (adjusted to $5.44 per share as described below). These warrants are exercisable from January&nbsp;18, 2006 until July&nbsp;18, 2009. The &#147;B&#148; Warrants
were exercisable for an aggregate of 864,706 shares of common stock at an exercise price of $7.23 per share. These warrants were exercisable from September&nbsp;28, 2005 until March&nbsp;28, 2006, but none of such warrants were exercised.
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">1 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">The exercise price of the outstanding &#147;A&#148; warrants, and the number of shares of our common
stock for which these warrants may be exercised, is subject to adjustment if we sell shares of our common stock for, or issue options, warrants or convertible securities which may be exercised or converted into shares of our common stock at an
exercise or conversion price, less than their respective effective exercise prices. As a result of a financing we completed in August 2006 (the August 2006 Financing), the holders of the &#147;A&#148; warrants had the right to elect to reduce the
exercise price of such warrants from $6.36 to $5.44 per share, and to increase the number of shares purchasable under such warrants in inverse proportion to the exercise price change. Each holder elected to receive the benefit of this adjustment.
The additional 121,276 shares purchasable under such warrants by such holders were registered under a registration statement that was initially declared effective by the SEC on or about September&nbsp;25, 2006. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">We also agreed to file a registration statement, of which this prospectus is a part, prior to August&nbsp;17, 2005 to register for resale the shares
purchased under the securities purchase agreement as well as the shares that may be purchased under the warrants. We also agreed to have that registration statement declared effective as soon as possible and in any event within ninety days after
July&nbsp;18, 2005. Once the registration statement is declared effective, we have agreed to use our best efforts to keep it effective for five years after the date the registration statement is declared effective, or the earlier date when all of
the shares covered by this prospectus have been sold or may be sold without volume restrictions in accordance with Rule 144(k) under the Securities Act of 1933. If we do not comply with our registration obligations, we have agreed to pay to each
selling stockholder liquidated damages of up to 1% of its investment amount per month that we are out of compliance with our registration obligations. We have also agree to pay liquidated damages in that amount during any time that the
exercisability of the warrants is suspended. See the section titled &#147;&#150;<I>Post-Effective Amendment</I>&#148; below. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><I>December
2004 Financing</I>. We entered into a promissory note and warrant purchase agreement, dated as of December&nbsp;23, 2004, with some of the selling stockholders. We refer to these selling stockholders as the December 2004 Financing stockholders. The
December 2004 Financing stockholders paid us an aggregate of $2 million in gross proceeds in consideration for 8% unsecured subordinated promissory notes due December&nbsp;31, 2006. In connection with this financing, we issued warrants to each
December 2004 Financing stockholder exercisable for an aggregate of 75,000 shares of our common stock at an exercise price of $9.28 per share (for purchases by our directors, officers, employees or consultants, or affiliates of such persons), and
for an aggregate of 75,000 shares of our common stock at an exercise price of $8.60 per share (for other purchasers). These warrants are exercisable until December&nbsp;31, 2009. We granted the December 2004 Financing stockholders the right to be
included on any registration statement we file, subject to customary exceptions and cut-back rights. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><I>Post-Effective Amendment. </I>We
filed a registration statement on Form S-3 that became effective on September&nbsp;28, 2005 with respect to the shares covered by this prospectus. Due to the late filing of our Annual Report on Form 10-K for the fiscal year ended September&nbsp;30,
2007, under applicable Securities and Exchange Commission rules we no longer qualify for the use of a registration statement on Form S-3. To assure that the shares of our common stock held by the selling stockholders may be sold pursuant to an
effective registration statement, we have filed this post-effective amendment on Form S-1 to the registration statement described above. From the date that the Form S-3 was no longer effective until the time this post-effective amendment is declared
effective, we may be liable for liquidated damages as described above. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">We will not receive any proceeds from the sale of securities by the
selling stockholders. See &#147;Use of Proceeds&#148; on page&nbsp;3 of this prospectus. </FONT></P> <P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>
<A NAME="cov72977_1"></A>R
<A NAME="toc72977_3"></A>ISK FACTORS </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Before deciding to purchase, hold or sell our common stock, you should carefully consider the
risks, cautionary statements and other information contained in this prospectus and in our other filings with the SEC that we incorporate by reference, including our Annual Report on Form 10-K for the fiscal year ended September&nbsp;30, 2007 and
Amendment No.&nbsp;1 thereto. The risks and uncertainties described in these documents are not the only ones we face. Additional risks and uncertainties not presently known to us or that we currently deem immaterial may also affect our business. If
any of these known or unknown risks or uncertainties actually occurs with material adverse effects on our company, our business, financial condition, results of operation and/or liquidity could be seriously harmed. In that event, the market price
for our common stock will likely decline, and you may lose all or part of your investment. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">2 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>
<A NAME="toc72977_4"></A>INCORPORATION OF CERTAIN INFORMATION BY REFERENCE </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">We have elected to &#147;incorporate by reference&#148;
certain information into this prospectus. By incorporating by reference, we can disclose important information to you by referring you to another document we have filed with the SEC. The information incorporated by reference is deemed to be part of
this prospectus, except for information incorporated by reference that is superseded by information contained in this prospectus. This prospectus incorporates by reference the documents set forth below that we have previously filed with the SEC:
</FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">Our Annual Report on Form 10-K for the fiscal year ended September&nbsp;30, 2007 filed with the SEC on January&nbsp;7, 2008, and Amendment No.&nbsp;1 thereto filed
with the SEC on January&nbsp;28, 2008; </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">Our Quarterly Report on Form 10-Q for the fiscal quarter ended December&nbsp;31, 2007 filed with the SEC on February&nbsp;11, 2008; </FONT></P></TD></TR></TABLE> <P
STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">Our Current Reports on Form 8-K filed with the SEC on October&nbsp;4, 2007,&nbsp;October&nbsp;12, 2007,&nbsp;December&nbsp;17, 2007,&nbsp;December&nbsp;27,
2007,&nbsp;January&nbsp;2, 2008 and January&nbsp;9, 2008, and Amendments No.&nbsp;1 and No.&nbsp;2 to our Current Report on Form 8-K filed with the SEC on October&nbsp;24, 2007 and November&nbsp;13, 2007; and </FONT></P></TD></TR></TABLE> <P
STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">The description of our common stock contained in our registration statement on Form 10-SB, effective August&nbsp;1, 1994, including any amendment or report filed
for the purpose of updating such description. </FONT></P></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">You should read the information relating to us in this prospectus together
with the information in the documents incorporated by reference. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">You may obtain a copy of any of the above-referenced documents, at no
cost, from our website at <U>www.atcsd.com</U>. The information contained in, or that can be accessed through, our website is not part of this prospectus. We will also furnish without charge to you, on written or oral request, a copy of any or all
of the documents incorporated by reference, including exhibits to these documents. You should direct your requests for documents to: </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="2">Director, Investor Relations </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">American Technology Corporation </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"
ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">15378 Avenue of Science, Suite 100 </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">San Diego, California 92128 </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">(858) 676-1112 </FONT></P> <P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>
<A NAME="toc72977_5"></A>USE OF PROCEEDS </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">We will not receive any proceeds from the sale or other disposition of the shares of common
stock or interests therein offered by this prospectus. We will issue an aggregate of 822,213 shares of common stock potentially offered by this prospectus only upon the exercise of stock purchase warrants by certain of the selling stockholders. If
the selling stockholders exercise the stock purchase warrants for cash, we could receive proceeds of up to $4,845,439. There can be no assurance that the selling stockholders will exercise any of these warrants, or, if exercised, that they will be
exercised for cash, that any of the underlying shares of common stock will be sold under this prospectus, or that we will receive any proceeds from the exercise of the stock purchase warrants. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">3 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>
<A NAME="toc72977_6"></A>SELLING STOCKHOLDERS </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">We are registering for sale or other disposition shares of our common stock held by the
selling stockholders. The term &#147;selling stockholders&#148; includes the stockholders listed below and their transferees, pledgees, donees or other successors. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2">The following table sets forth information regarding beneficial ownership of our common stock which is based on information provided by the selling stockholders as of January&nbsp;15, 2008 (except as otherwise noted),
This information is based upon information provided by the selling stockholders. The selling stockholders identified below may have sold, transferred or otherwise disposed of all or a portion of their shares of common stock in transactions exempt
from the registration requirements of the Securities Act since the date as of which they provided this information. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Except as described
below, none of the selling stockholders has held any position or office or had any other material relationship with us or any of our predecessors or affiliates within the past three years other than as a result of the ownership of our securities. We
may amend or supplement this prospectus from time to time to update the disclosure set forth in it. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Each of the selling stockholders that
is affiliated with a registered broker-dealer purchased the securities offered hereby in the ordinary course of business and, at the time of purchase of those securities, did not have any plans to dispose of the shares offered by this prospectus.
</FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:97pt"><FONT FACE="Times New Roman" SIZE="1"><B>Name of Selling Stockholder</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Common&nbsp;Stock<BR>Acquired in<BR>July 2005<BR>Offering</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Common&nbsp;Stock<BR>Underlying<BR>Warrant<BR>Acquired in<BR>July 2005<BR>Offering</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Common&nbsp;Stock<BR>Underlying<BR>December 2004<BR>Warrants</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Common&nbsp;Stock<BR>Beneficially<BR>Owned</B></FONT><br><FONT FACE="Times New Roman" SIZE="1"><B>Prior&nbsp;to&nbsp;Offering</B>
</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Common&nbsp;Stock</B></FONT><br><FONT FACE="Times New Roman" SIZE="1"><B>to be
Offered<BR>Pursuant&nbsp;to&nbsp;this</B></FONT><br><FONT FACE="Times New Roman" SIZE="1"><B>Prospectus&nbsp;(1)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Common&nbsp;Stock<BR>Beneficially<BR>Owned</B></FONT><br><FONT FACE="Times New Roman" SIZE="1"><B>After the</B></FONT><br><FONT
FACE="Times New Roman" SIZE="1"><B>Offering (2)</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Special Situations Fund III L.P.(3)(14)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">55,127</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">14,450</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">186,397</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">69,577</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Special Situations Private Equity Fund, L.P.(3)(14)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">294,229</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">75,307</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">741,245</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">369,536</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Special Situations Fund III QP, L.P.(4)(14)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">632,641</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">164,853</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,140,002</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">797,494</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Special Situations Technology Fund, L.P.(3)(14)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">55,377</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">14,344</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">243,589</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">69,721</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Special Situations Technology Fund II, L.P.(3)(14)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">347,606</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">89,651</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,514,685</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">437,257</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">SDS Capital Group SPC, Ltd.(5)(14)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">51,230</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">59,892</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">51,230</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Iroquois Master Fund Ltd. (6)(14)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">64,944</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">153,689</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">816,886</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">218,633</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Pequot Scout Fund, L.P.(7)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">101,256</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">118,378</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">101,256</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Pequot Mariner Master Fund, L.P.(7)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">52,433</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">61,299</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">52,433</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">E. H. Hitchcock Charitable Foundation(8)(14)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,750</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,750</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,750</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">George A. Long(9)(14)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7,500</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">42,500</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7,500</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">James&nbsp;&amp; Josephine Zolin(9)(14)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7,500</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">438,254</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7,500</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Patience Partners LP(10)(15)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,750</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">8,750</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,750</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Richard G. Daniels(9)(14)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,750</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">138,586</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,750</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Robert D. van Roijen Jr.(9)(14)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">15,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">15,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">15,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Urban LaRiccia(9)(14)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,750</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,750</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,750</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Norris Family 1997 Trust(11)(14)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">37,500</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4,460,931</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">37,500</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Sunrise Capital, Inc.(12)(14)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7,500</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">318,400</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7,500</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Sunrise Management, Inc. Profit Sharing Plan(12)(14)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7,500</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">318,400</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7,500</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Philip&nbsp;&amp; Thea Putnam(13)(15)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7,500</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">41,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7,500</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Total</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,449,924</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">717,213</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">105,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,272,137</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
</TABLE> <P STYLE="line-height:8px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000;width:10%">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">(1)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">Includes the shares of common stock which are the subject of this prospectus as follows: 1,449,924 shares of common stock previously issued and reported as still
held by the July 2005 Financing stockholders and 822,213 </FONT>
</P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">4 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P>
<FONT FACE="Times New Roman" SIZE="2">shares of common stock that may be acquired by the selling stockholders upon exercise of their respective warrants or options. Does not include 121,276
additional shares of common stock that may be acquired by the July 2005 Financing stockholders upon exercise of their respective warrants as a result of warrant adjustments following the August 2006 Financing, which shares have been registered under
a separate registration statement. </FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">(2)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Assumes that all shares included in this prospectus and any other shares held before the commencement of the offering are sold and that the selling stockholders do not acquire any
additional shares of our common stock. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">(3)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Each of these selling stockholders is a July 2005 Financing stockholder. MGP Advisors Limited Partnership, or MGP, is the general partner of the Special Situations Fund III, L.P.
and the Special Situations Fund III QP, L.P. AWM Investment Company, Inc., or AWM, is the general partner of MGP. SST Advisers, L.L.C., or SSTA, is the general partner of the Special Situations Technology Fund, L.P. and Special Situations Technology
Fund II, L.P. MG Advisers, L.L.C., or MG, is the general partner of the Special Situations Private Equity Fund, L.P. AWM is the investment adviser to Special Situations Fund III QP, L.P., Special Situations Technology Fund, L.P., Special Situations
Technology Fund II, L.P. and Special Situations Private Equity Fund, L.P. Austin W. Marxe and David M. Greenhouse are the principal owners of MGP, AWM, SSTA and MG, and are principally responsible for the selection, acquisition, voting and
disposition of the portfolio securities by each investment adviser on behalf of its fund. Both Messrs. Marxe and Greenhouse share voting and dispositive power with respect to shares held by these selling stockholders. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">(4)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Shares and warrants transferred from Special Situations Fund III, L.P., a July 2005 Financing stockholder. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">(5)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A July 2005 Financing stockholder. SDS Management, LLC, or SDSM, is the investment manager of SDS Capital Group SPC, Ltd. Mr.&nbsp;Steve Derby is the Managing Member of SDSM.
Mr.&nbsp;Steve Derby and SDSM each may be deemed to have shared voting and dispositive power with respect to shares held by SDS Capital Group SPC, Ltd. Mr.&nbsp;Derby disclaims beneficial ownership of the shares held by SDSM, except to the extent of
his pecuniary interest. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">(6)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A July 2005 Financing stockholder. Mr.&nbsp;Joshua Silverman has voting and dispositive power with respect to shares held by Iroquois Master Fund Ltd. Mr.&nbsp;Silverman disclaims
beneficial ownership of the shares held by Iroquois Master Fund Ltd. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">(7)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Pequot Capital Management, Inc., or PCM, is the Investment Manager/Advisor (as applicable) of and the beneficial owner of the listed securities and has sole investment, voting and
dispositive power with respect to all the shares held by Pequot Scout Fund, L.P. and Pequot Mariner Master Fund, L.P. Mr.&nbsp;Arthur&nbsp;J. Samberg is the controlling shareholder of PCM and disclaims beneficial ownership of the shares except for
his pecuniary interest. The information regarding beneficial ownership of our common stock held by Pequot Scout Fund, L.P. and Pequot Mariner Master Fund, L.P. is as of February 13, 2008. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">(8)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A December 2004 Financing stockholder. Mr.&nbsp;Harrison&nbsp;H. Augur is the trustee of E. H. Hitchcock Charitable Foundation and has both voting and dispositive power with respect
to shares held by E. H. Hitchcock Charitable Foundation. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">(9)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A December 2004 Financing stockholder. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">(10)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A December 2004 Financing stockholder. Messrs. Robert D. van Roijen Jr. and Harrison Augor are the general partners of Patience Partners LP and share voting and dispositive power
with respect to shares held by Patience Partners LP. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">(11)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">The Norris Family 1997 Trust is a December 2004 Financing stockholder. The trust has two trustees, Mr.&nbsp;Elwood&nbsp;G. Norris and Ms.&nbsp;Stephanie&nbsp;A. Norris, who share
voting and dispositive power with respect to shares held by the Norris Family 1997 Trust. Mr.&nbsp;Elwood&nbsp;G. Norris has been one of our directors since August 1990 and currently serves as the chairman of our board. Ms.&nbsp;Stephanie&nbsp;A.
Norris is the wife of Mr.&nbsp;Elwood&nbsp;G. Norris. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">(12)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Each of these selling stockholders is a December 2004 Financing stockholder. Mr.&nbsp;James Barnes and Ms.&nbsp;Takako Barnes are the sole trustees of Sunrise Management, Inc.
Profit Sharing Plan and are officers and directors of Sunrise Capital, Inc. Mr.&nbsp;James Barnes and Ms.&nbsp;Takako Barnes are also trustees of the Palermo Trust. Mr.&nbsp;James Barnes and Ms.&nbsp;Takako Barnes share voting and dispositive power
with respect to shares held by these selling stockholders and the Palermo Trust. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">(13)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A December 2004 Financing stockholder. Mr.&nbsp;Philip Putnam is a principal of Flagstone Securities, a broker-dealer admitted to membership in the National Association of
Securities Dealers, Inc. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">(14)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Information regarding beneficial ownership is provided as of January&nbsp;15, 2008. Includes, as applicable, shares issuable upon exercise of outstanding options and warrants within
60 days of January&nbsp;15, 2008. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">(15)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Information regarding beneficial ownership provided from the original filing and is as of July&nbsp;18, 2005. </FONT></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">5 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>
<A NAME="toc72977_7"></A>PLAN OF DISTRIBUTION </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">The selling stockholders may, from time to time, sell any or all of their shares of
common stock on any stock exchange, market or trading facility on which the shares are traded or in private transactions. These sales may be at fixed or negotiated prices. The selling stockholders may use any one or more of the following methods
when selling shares: </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">ordinary brokerage transactions and transactions in which the broker-dealer solicits purchasers; </FONT></P></TD></TR></TABLE> <P
STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">block trades in which the broker-dealer will attempt to sell the shares as agent but may position and resell a portion of the block as principal to facilitate the
transaction; </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">purchases by a broker-dealer as principal and resale by the broker-dealer for its account; </FONT></P></TD></TR></TABLE> <P
STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">an exchange distribution in accordance with the rules of the applicable exchange; </FONT></P></TD></TR></TABLE> <P
STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">privately negotiated transactions; </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">short sales; </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">through the writing or settlement of options or other hedging transactions, whether through an options exchange or otherwise; </FONT></P></TD></TR></TABLE> <P
STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">broker-dealers may agree with the selling stockholders to sell a specified number of such shares at a stipulated price per share; and </FONT></P></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">a combination of any such methods of sale. </FONT></P></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman"
SIZE="2">The selling stockholders may also sell shares under Rule 144 under the Securities Act, if available, rather than under this prospectus. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman"
SIZE="2">The selling stockholders may also engage in short sales against the box, puts and calls and other transactions in our securities or derivatives of our securities and may sell or deliver shares in connection with these trades. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Broker-dealers engaged by the selling stockholders may arrange for other brokers-dealers to participate in sales. Broker-dealers may receive commissions
or discounts from the selling stockholders (or, if any broker-dealer acts as agent for the purchaser of shares, from the purchaser) in amounts to be negotiated. The selling stockholders do not expect these commissions and discounts to exceed what is
customary in the types of transactions involved. Any profits on the resale of shares of common stock by a broker-dealer acting as principal might be deemed to be underwriting discounts or commissions under the Securities Act. Discounts, concessions,
commissions and similar selling expenses, if any, attributable to the sale of shares will be borne by the applicable selling stockholder. The selling stockholders may agree to indemnify any agent, dealer or broker-dealer that participates in
transactions involving sales of the shares if liabilities are imposed on that person under the Securities Act. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">In connection with the sale
of our common stock or interests therein, the selling stockholders may enter into hedging transactions with broker-dealers or other financial institutions, which may in turn engage in short sales of the common stock in the course of hedging the
positions they assume. The selling stockholders may also sell shares of our common stock short and deliver these securities to close out their short positions, or loan or pledge the common stock to broker-dealers that in turn may sell these
securities. The selling stockholders may also enter into option or other transactions with broker-dealers or other financial institutions or the creation of one or more derivative securities which require the delivery to such broker-dealer or other
financial institution of shares offered by this prospectus, which shares such broker-dealer or other financial institution may resell pursuant to this prospectus (as supplemented or amended to reflect such transaction). </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">The selling stockholders may from time to time pledge or grant a security interest in some or all of the shares of common stock owned by them and, if
they default in the performance of their secured obligations, the pledgees or secured parties may offer and sell the shares of common stock from time to time under this prospectus after we have filed an amendment to this prospectus under Rule
424(b)(3) or other applicable provision of the Securities Act of 1933 amending the list of selling stockholders to include the pledgee, transferee or other successors in interest as selling stockholders under this prospectus. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">6 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">The selling stockholders also may transfer the shares of common stock in other circumstances, in which
case the transferees, pledgees or other successors in interest will be the selling beneficial owners for purposes of this prospectus and may sell the shares of common stock from time to time under this prospectus after we have filed an amendment to
this prospectus under Rule 424(b)(3) or other applicable provision of the Securities Act of 1933 amending the list of selling stockholders to include the pledgee, transferee or other successors in interest as selling stockholders under this
prospectus. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">The selling stockholders and any broker-dealers or agents that are involved in selling the shares of common stock may be
deemed to be &#147;underwriters&#148; within the meaning of the Securities Act in connection with such sales. In such event, any commissions received by such broker-dealers or agents and any profit on the resale of the shares of common stock
purchased by them may be deemed to be underwriting commissions or discounts under the Securities Act. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">We are required to pay all fees and
expenses incident to the registration of the shares of common stock. We have agreed to indemnify the selling stockholders against certain losses, claims, damages and liabilities, including liabilities under the Securities Act. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">The selling stockholders have advised us that they have not entered into any agreements, understandings or arrangements with any underwriters or
broker-dealers regarding the sale of their shares of common stock, nor is there an underwriter or coordinating broker acting in connection with a proposed sale of shares of common stock by any selling stockholder. If we are notified by any selling
stockholder that any material arrangement has been entered into with a broker-dealer for the sale of shares of common stock, if required, we will file a supplement to this prospectus. If the selling stockholders use this prospectus for any sale of
the shares of common stock, they will be subject to the prospectus delivery requirements of the Securities Act. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">The anti-manipulation
rules of Regulation M under the Securities Exchange Act of 1934 may apply to sales of our common stock and activities of the selling stockholders. </FONT></P> <P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="2"><B>
<A NAME="toc72977_8"></A>LEGAL MATTERS </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">The validity of our common stock offered hereby will be passed upon for us by Durham,
Jones&nbsp;&amp; Pinegar, St. George, Utah. </FONT></P> <P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>
<A NAME="toc72977_9"></A>EXPERTS </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Squar, Milner, Peterson, Miranda and Williamson, LLP, an independent registered public accounting
firm, has audited our consolidated financial statements included in our Annual Report on Form 10-K for the year ended September&nbsp;30, 2007, as set forth in their report, which is incorporated by reference in this prospectus and elsewhere in the
registration statement. Our consolidated financial statements are incorporated by reference in reliance on Squar, Milner, Peterson, Miranda and Williamson, LLP&#146;s report, given on their authority as experts in accounting and auditing.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Swenson Advisors, LLP, an independent registered public accounting firm, has audited our consolidated financial statements included in our
Annual Report on Form 10-K for the years ended September&nbsp;30, 2005 and 2006, as set forth in their report, which is incorporated by reference in this prospectus and elsewhere in the registration statement. Our consolidated financial statements
are incorporated by reference in reliance on Swenson Advisors, LLP&#146;s report, given on their authority as experts in accounting and auditing. </FONT></P> <P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="2"><B>
<A NAME="toc72977_10"></A>WHERE YOU CAN FIND MORE INFORMATION </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">We have filed with the SEC a post-effective amendment to the
registration on Form S-3 on a registration statement on Form S-1 under the Securities Act of 1933, as amended, with respect to the shares of common stock being offered by this prospectus. Certain information in the registration statement has been
omitted from this prospectus in accordance with the rules and regulations of the SEC. For further information with respect to the company and the common stock offered by this prospectus, we refer you to the registration statement and its exhibits.
Statements contained in this prospectus as to the contents of any contract or any other document referred to are not necessarily complete, and in each instance, we refer you to the copy of the contract or other document filed as an exhibit to the
registration statement. Each of these statements is qualified in all respects by this reference. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">7 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">We electronically file annual, quarterly and special reports, proxy and information statements and other
information with the SEC. You may read and copy any materials we file with the SEC at the SEC&#146;s Public Reference Room at 100 F Street, N.E., Washington, D.C. 20549. You may obtain information on the operation of the Public Reference Room by
calling the SEC at 1-800-SEC-0330. The SEC also maintains an Internet site that contains reports, proxy and information statements, and other information regarding issuers that file electronically with the SEC. The address of that website is
<U>www.sec.gov</U>. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">8 </FONT></P>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>g72977img_001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g72977img_001.jpg
M_]C_X``02D9)1@`!`@``9`!D``#_[``11'5C:WD``0`$````9```_^X`#D%D
M;V)E`&3``````?_;`(0``0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0("`@("`@("`@("`P,#`P,#`P,#`P$!`0$!`0$"`0$"
M`@(!`@(#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#
M`P,#`P,#`P,#_\``$0@`-P#1`P$1``(1`0,1`?_$`)H``0`"`P$!`0$`````
M```````&!P4("0,$`@H!`0$``P$!`0$````````````!`@0%!@,'"!````<`
M`@$$`00!`@0'`````0(#!`4&!P`("1$2$Q05(3$B%@I1(T$DU1=A5*56EA@9
M$0`"`0,$``4#`@4$`P`````!`@,`$00A$@4&,4$B$P=1811"(X&1,A4(\*&Q
M%O$D)?_:``P#`0`"$0,1`#\`_OXXI5,6/L3AM0U*L8E9]3ID'K-S00<UB@R$
MPW0L4PD[.Z38_79B/H16148K%;)J&(HY,F8$@.(#SE3\WQ.-R$?%3Y$2<C+;
M;&3ZC>]OYV-@;7\J]SQ?QIW_`)KJ67WSBN(SLCIV"Q6?+2(F&,J%+[F\P@92
MY`(0,"Y%ZC#:7[1E[&RT;)5;'D.J:-3(ZB[<E/V'_NT>U%9-3K-GL.HE_7TX
MXLB*Y1]`*!6I"*`L*@F2#7$O8!SC))'C#KHCN'W-[NZP\1_3:]_X6-[Z5U9<
M+XE/QC#E8N7S;?+[9A63&,,/]N&/N:S+(#[Q?9L/F3(678%`>HSI#'/LOVVF
M;]H?872*A&VDD3C%6REY;1#&+'<+.JY_"+EJC:&<K*VI\!3"FX,Y(F!TRF$0
M`OH.OG)A<?RT7,YN;/''):!(2_[#.U]OI"GU'QO>U]:ZO5\CLG;.AYWQSUKK
M7%YN3B&3D\CD%Q__`*<&-`%]T?D-*H&.F@*!"UF(`)-Q(=(I^*6'L#@DQ=:]
M;9'7*RUOTGDTY%M=&_JL*BG%M$[2%DDJ\)*$T7=LER%:I39@.X.`E;E,8!#G
MUS\;B9^;PY,N.5N302&%@)-BZ>O<5_;%QX!_'P%ZYO6.;[WQOQQV+!X+)PXN
MF93XB<A%(V%^1*3(QQ_82;_VV"L"9&Q19!8R$"QJ3W)M2]-N<7G@7^[UVXYC
M*5#5Y"%HMBGJFK(1:CF690L?:W;-L2/L=1FW+)P5U&&6,"OPE%0I0]HCLY8Q
M.0RUP??FCRL=DF*QLR7%R%#D"S(Q!NM];:VKD\'+SO5>#F[*>-P,KA.6AR>/
M27+ABR`D@6-I7QU9M\.3$K(8YPHV[CM)-[3RX_WI6-8AG+JGH2Y+#!A*GN+6
M8?1@U@DDC_:$&*<$^8.DK">)^0&)U#F;IN?:*Q#D]0YNY7YAC'X!B]W>N[>&
M(V7]=MI!W6OMOI?Q%J\_PG_7TRI/^S)FMAG&E]L8S1H_OE#[!<RHZF$26,H4
M!REPC!K&IAS:KB4XI3BE.*4XI3BE.*4XI3BE.*4XI3BE.*4XI3BE.*4XI3BE
M.*4XI6M?:B?[.U[,?N]2Z50+[J8ST8DO":%,#$QJ-743>?DY&/\`=+0+5[*(
M.2($(DN^;)_$=0X"<Y"IFX/89N>AP=W7(H9N0WBZR&P":W(U4$WL+%AI?Q.E
M?J/Q%QWQ3R7:_8^8\_DN.ZC^.Y$N''[CF<%?;1_VYF6,J7)9(G;<%%E4EA3F
MB7["<7J6)=CN\%$RNE;NLG7J>%IK](D=%=U>\2;-V\<PE4LT=79FQMHMB)7)
MTEC']B/J<J:IS']RG+S<SB.+QL3G.V0X\7,':F]4,A60@FRL%9K#4@WTUL3X
MGV_6>N_(/>>9Y[XQ^`^0Y?.^/@9LG\>;*3"7(Q8V55ER('FB@:1_VPR@7:RE
MD4+99G-5VW+4[LROVZM^>7GK386#Z0JU>J%)ND-/US*R,GSF:CKBZAI20G+'
M)'8_`)31J)'`J)J')Z?(1%+9EARCBY[=FE@FX%U)141U98K$D.5)9C:W](O<
M$^=AP\#D^&CYKJL?PQA<GQ_RGC2(F1-DY6++#/R!95B?&66-(H4#[[B=BFUE
M#7VEWFM!4?-*DSI.+9O#P>4P6/5:3PB]V.:</:T_D7<8N%=KLI2W2J.D1;&`
M9D9KN'+HR;A9)8Q"B58AO3:PBZXPQ.*QT3C4QD;'D=KH21Z5,9_=`46))U-[
M#6N%V)<>;F7Y[O7*3Y'<,CF\A.6Q(8E6=$60>]-'E*#A2/,WNJB1@HK*&(*$
M5;4>TT$SZHNY6;JJ3)O6G*-[A8VOR:II6WK(Q(MI"KSCN>(>&K[!PD]`6KEF
M\<.$UDO59(4C?)TT3.WQ-(\001GW%"GU/I8HQ;TJ#NT*L2"-1;7QN3-UL09L
M.'CYAG;*4XDKS1CV\8&3<D\2PVEF<&+]R.6-$*OZ'#C;[,5KPS8Q"<NSK\Y)
MNK#(-YAU"*O(&.BJTHO+KQ4@@SE%9IW)235DDR;N4062*LX5563%-,H)<J-F
MHB"41O(9"&*W4*EV((!W$D#:"+BY)(L-*PR$X&>>9L)\G'Q4QD,:RA97DG`C
M$B%HQ$J(S&5T;:Q5%1&W,2]9*!K%=JZ<HE7(2,@TIN<E+-+IQ;-%F22L,VO]
MJ8FGI4"$!Q)2;G^:ZQO4ZAOU$1Y](,:#&##'14#N7:PM=FU9C]23XGSK5Y'E
MN3Y9H7Y.>7(>#'C@C,C%BD,0VQQ+?P1%T51H!H*SO/O7/IQ2G%*<4IQ2G%*<
M4IQ2G%*<4IQ2G%*<4IQ2G%*<4IQ2G%*<4IQ2N&&(/NB6]>2";U7+NQ>YSVV,
M#3TNVH;IS.QF73RD!"A69Y&OOWT$B[D:Q&L3"M^*.Z3:F5`54RG3+[0_(^);
MJ7,=W;D>/S<MN3!9@AN(FVKM8*Q6Y0#782!YC32O[_[[C_Y!_'?^,$'4.V]9
MX#'Z')[,;9:K$^?")I??A,R)*52=W]'Y`C,@4['*L;G:"G[#%Z;Y![QGU:[@
MA/PV<U5XUM/4AQC8(L8Z=@T8]A(S;749!@D1\ZAK!((/%!1.98JB@($$R`&$
M._C<E'G]TEPX.2WQ0H0V(8=`RV!(E(L2K$,2-;^D>FOR?FNDY?5?\;N/[)RO
M2?Q\WD\Q6Q^Q#DKN\4I=TB;`1SM66%'C7<`I4>XP$A`,XHUCA=W[C:.=W/4^
M8;]3P;0%19TZR;;7KA!66]1"C&W,M3K3Y*%R6Y,3A'JA&JM?R1FWL`1$IC>H
M;6)-%S':)RSQ,O'>E`C3JZLXLXE4[87&AVD;K5P.?XS.^/?A+BQ#CYL$G<=T
MV0V3!Q<V-+!B2!L9L"=#+R.,XWK[ZR>P'O:Q`K??GLZ_G>G%*U$[\=EF?3SI
MGV1[*."@L^RC*;/.59@)`4-,WYXU_!YU`)I#^JJL_>I6.9E*'J(BO^@#^W%4
M"YM7%'I)W?[&=)>N/D?SCO/<KEV?[`=`J+GG:4SVU6)K$V_0LCV[$*_H1:LR
MFG,<[;,VM#TB(L4$"YFZI$/C2((?L`6LR`Q!70&IXY\[>P#.3U-B_%]N3V\J
M]4H+O#G-?>;EC,:UM75U9DX=6O1;;,@=ZEGTC!K-_@CX,$I67E5U4TSH,U#"
M4JIL^_G:K+T+SG4M"HY!8,#Z[V+;IF]]+XOOIH58G-=S;%ULNPB6%1O'QC:2
MNAW;;0]=F)*-DD8ZN1Q4OMIQYEC.DDU4O<M39]3YVJPJIY?&NU=G\6ZV=<^K
MFF;1$[AUVZ[]K&^MQ=WI]1K^?=?MSFY"(L5XO<?.`1[&2>:-T$#!&,5WSZ9?
M+F;-RI"B=7DJ%;`D^1M6G_47R?UO,.I?5BJX#BW:SM)O?<#L+VKJ.)8UM_9:
M(T'0UVF)7ZPM]3N=W[`WF,8QM3RVL-F)'#%N+!<[9)R"!2J&(JKR^-9%-3?P
M%;C]O_*'O/3/+ZOJ^F]%$D8!GD2.H;-&ONX>`5ZR4B59R4PA;,WRZ!E!&1WZ
MW52#BTY-0T4FQ9NT'B"*"AW(J(IJQ"@FP-4IO?G86S:W;]"8YTHU'L+5>N?6
M["^W6@7R)T^@T&,CL#V:CDO:EA<15F:KR@V>OQCE(J,.S*^6D`3=*BHV3;"9
M1I5"7M<VN:YM^>'5^V>;U+JUWSZL>03LKE>4=R[-@M#K'7^LGCZ[5:/`WC,W
MMQ+?&[Q!\[=.;+,(IHG=LSIE1!90WHJ/M`1AK.,`DJPK8:8\OMG\;J^K=0U8
M?6_)5*=$H!E<NY/;#3-=R_'+RU:Z7875CB*M0Z)/FEWVO6:BUJ=;-U6C!=M[
M$V9DQ$/:90+6.S=KH+G05LUN'G;(&[9!UNZ%]/='[XZQJ'7VF]G'L5`7VM9'
M%U3+KY7&-NK02$O9HJ<:!85Z[*M%G:;@S1JS5?-6X++.5OA)*@33<QL+VKB(
MP\J&[=#_`"?^8+:)#!=O[)4NOEQE];<T#7G$30NL\#*EIY)J0EG,PVM$-%+G
MLMF0A6R<3%E*\=@HJH9-!,YN7_BOIL#*O@#76/=/\BY//="0SC'^BVL;S*S/
M2G.N[\`[AM&K==!AFETH3#2[&K?8Y>M2RM7C,WJ*SA61?-EI(SAP@FB@@(N"
MG(K`1DBY-M;5+9C_`"#Z_:,NZ%+=<.I-^W/LYW]@+E8L^ZXET>JTI*G1^>6B
MT4RUNK-ILM%NH==JK8:5*A&*%9($=LF*KE<6GM*F>4]LW-_`5RA\F7E8#OST
MWZ(;-BQ-8ZXW2K>4"K83NF8-[W(1L[7K1%5=[*.JV_L%0=09+?4Y9@_161,N
MW0*=4BJ2K<BB)O6^=9JEBP.OITKJ-V8_R&D<9UWM?7\GZ2:=V!P3H?<:G0^V
MN^P^EU&F(T:RVNT*TA%I4Z/,Q#]_<$F-N9NH_P"07C,JSAJH)O@;>QR>5@([
M@:ZGPJ6[C_D"TRJ;Q#9%UIZJ:AVU@8KJC$=S-CNE.MU:IKK-<4L%(C-#8RC*
MLV%DY-:I*)J5ABWDHU!XS70^^1!N1TX*=,JH$-KDVUM7EUY_R`:[M%I\>+2V
M=6;%E.=>0]QLD#1=1?:W"6.&HEXQZXVJF/ZC86*=*A/R#B;?1$6LBNFY0*FC
M-I")#?"?W*ICM?7PKH)XQ_(0GY*<6OF^P6,S&1YY![+>,KSU[.6]G:76FP]'
M49MW=_9H,H&%)!Q+Y\\%NFW,=T<JS=8HJ#[/U5BR[3;[5T?XK&G%*<4KF"X>
M[OG?>EM!Y=T-R=MC5R4BD[KV;A$ZU`W)]&23%)]99N2E6(-'!%HJ8**9HEPW
M6<R9D2J%5#Y"F)^?EN6PNV^U@</C#C)2-^4H57*D79BPM:Q_002UKWU%?U?%
M!\>]E_Q^;/[;\A\P_>,$2'%X.4SRXR.CE8(DC?<")([$9".L<`8J4])#3/>K
M'9^MNWM^S6A[SD>6=31BHNL7RL/,=&2T:RVUZUDF<,F:_0+%]972*LC]==(/
M7X6Z+8Z8MS@;YB[7,39'!<N.>S,O&Q^NE0DB>S>5W(('[B@L=0"-;`"VT^-<
M/X\XSBOE'H3?%76NN\SR_P`Q^])/B3KR6S"@QT9&E/XDKI`I";T;]3LZL)%M
ML-C3*=BJVFP_8Z@RUHT')=.J3-SIB=BUAS%YOE6=P-:1GXO1\WRU"F2;ZR66
MP-D@^T0KI!84Q-[0]51!/<F$^-R"\]A-)-QF1$#+NFM%%$JAA+%%L)9F'CK?
MQ^NGF<%N,Y?JD_QCV*'$XWN7$YC+@F'CUDS>0S)9S#)A9N><F-(((6/[9,;*
M&M<^CU;,T>\5;2*E7+U2Y4LU5K9$MIVOR?U'\<,A%/"@=N[!A*M6,FU*H40_
M@LBFH7]A*'/0X>9C9^,F7B-OQY%#*;$7!\[$`C^(%?E7/\!R_5^9RNO\["8.
M7PYFBFCW(^R1=&7?&SHUOJK,#Y&I9S9KCUS=\E?2*Q=_J!AN%/+G7ZQA$?V.
MS73^RU=D?["C/:QEN>.'DT3+*Q(P+ID,,XL=E^FJN[45*9`C0ID1!3T$%P/&
MLTO<E020/Y?>N;^Z^`FNQMPV=ST7LE,Z_P"<]D.C&Y=2-JHM[EM9T<9NT7AX
MPF\PTV-F;)9[1*MQI\PQ!)XT^=-,[(3`@4JBB@F4#GS\C>MCR>+;3";/':>.
MJ4;\:R\.O_YJ'BPAI_[I]#^W]G_N:5;W_`%,]/T^F(?>_P#'E\[TW:6^]ZU%
M9^"K4,_B>I%PI$GT@VS5\7Z7T'IUKM-[C=?9[8,,MC;-Y9].5'6<U:M)B.ME
M)O$0XE7+)4IO<E(1QRIJ&3,43&7IO\;W\;Z:5T;ZZ>/^Y8KWF==KWMDR-G47
M?0+%NHP9AEE$>T""A;KG%U=W&PV.G5I-T\@JKG$BN^43BX=)15=BF)2&4.`>
MX50MI;[UH/G'A8[*X3D'2J?Q'LADD%V^Z0[)VNNU/L]KH%JL.(:/F?;"YSDW
M=,TNL$TF(FXQRC>%?MTTI!BO\J3DBHD*'O3425D7!)N-#;_:L;V5\.'<GLM>
M.P^F739NETU?NW/4VI81IMDN&`7FXO>O]LIL-:(M1;J$K/W-^O0J9?OS*"LJ
MJ_.M)MGI5'R0++E1*5I0.!;QT-6.R\-FN-XWO2S4V;.15[9>,SKOT7K)B0-F
M%.HW;&,6?9A+WJ<`QP.^JTS)NP=-F[?T=D0#VG_GR5-^H^QO7GY*?%W8^Q71
M7QZ=9'/8[%\>F.J-RZ_C-WC2Q?QU8T"1S#*5<_<PE124?L724M8GI#.6:*QS
MJ?"40$HF`>**^UBWUJ@NW'A@DM`\A>Y=ANMFB>/:[7'L+6(2;TSKSWJQ%'>7
MV=6>+C(J(/J.60T-/-;#%DG&S1%=P1RB@U465,50ZR1D2H6J'].TWT^AII_C
M#UW.=]SKR`^.SO7U`Z_WZG=<*-U/WY.WTB`>=;3.Z;7JU5EG--A*Q,J0E%:O
M7,-&BA6UQ1^@LQ:_$X]%%43O.F_T[2/.]1K3_#%IEMMWD_=V[N)US:7GRK9E
MB]7S)L]:24.]2M6?6&@6>V6((+\J16RQ5C=5]<[1O#%5^L5VD41$H>HJ![`"
MWA4CHWA<O0=B;+:(SM-@L_*UWQ!-O&[9*-"HS#ZV5S0E\)992VTF>CF\@LYB
M:<YD6_W",UTDWQVY@*`B;]>*;]+6\[U427A?T#KMCGC/UC(.]_5W-.W'11IL
M^?P6CZ8T5==>M>KEUTO3;:[B$F[FPL9QO.4L+]*,'*:0N06%=4I_KG03/Q5]
MRY-QZ37P3O\`CYRU0Z:Y1GRO<G%T-'IG?F'[Q=F]ANL>Z@L_D)IW6643'4>K
MHHS'K7T?QTJU<M7,FHD+U61,J":::J"1%/<U.FEK5,>SG@^V^Z:5W=8]<.].
M"YIU,\H%CJ^Z;Y5=$IBEHT:*8T2[!J4Y/Y'8(R?:0<O4V]BLZCP[M51FBDR?
MHMEE?84CA10.!:XU%<_/);EO73QT]L;<7%NWU_Q.]//'#4NJ-TQZ5ZJ7/8)/
M>,Z6RIKFE<1Q[5(@I,W@+M<&="B6\PYEQ;#`.D3/4`=%6^H"JI++:U]:H7LY
M06F.^!+QI]9M$I^L5+R"3NJVK>.J>>5O/;DM<QCKCKUC:S4#*RC1BD>G24S2
M=$C'Z+)8Q))5ZFS*"`"184EJR!O(3^FU?UY]9>E.^]6NAG57K9UUURMY!=,C
MR!@QO)K)1X2\5FR:G8I*O6^[24JT.T++*LQL#VQI%^D_:'-]Y$XF-\)0XT\_
M"O@QNQ-=/JHSGX^KUMA:Y="P6EC`P[2RSS5DE&M9N?;1[=&8EVT<@4J,>A)2
M)%%B($`"(E.!`_0`Y*E9_BE.*52_83'E-ZR.VY4EH5YRY2TMV:);IG4I^(M$
M7]-^V?BDW=>T1.QD`;?`[1`R8KME#D]Y?=Z\Y7-<8>8XV3CA-+C^X!ZXS9A8
M@_R-K$:7&EZ]S\;]U7X\[GA]O?C>/Y9<1F/XN;'[D$FY&2Y7R=-V^-K'8X5M
MIM:M0Y32,JZ$4'`>M6J+=@.PZM[DWE?AKC*TASJ;A=RI8&JJ86IZ'M1;,XQW
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M)$[>2.LU:_\`)";U.8!3,/-%\B"##'8>9Q),?DO:]IA'>>1$9]`#$#<$V:X'
MI\SI7I(>(S^1[')\2_'//XO+],_-_.BDR]G&8>1/#C7:62//D0(RH'A"R2?N
MV](.X58+YS1\N<=?ZU.ZCH[5RYDG-(I+*=DYNS/=1FWE9<@DUT>6<P<K(R+]
MBR;G>I.GCE@!79/510X_[8[C-A\><*";(G#%BD88LQF8KX2DJ22!Z@6*^KQ/
ME7G,>+G^VQ=CY3C^)XMXDB7*RFBCB@7`B6=;MA1K+&B([,(FCC2:\9LJ@>JI
M81&J-+>US^0A;A9'SYQ*ZU'S-EB+':JE`R3:=;I)M(ZXRZ#Z"K,M'/)`#Q42
MDNBJW:E.9LF5,AA#8MBKE#!D261V)G#.K.BD,-`[75""?0@(('](M7&9^7FX
M5^QXT^%BX\:Q\<\4$D./D2HT3$L^-&4EGC=4MD9#(RO(0)6+,*G,.ZL3EU/I
MSD-&Q3-I,"VK3EA.+2Z\W!_CV"P2LHU5AHHL"_&25<(?4(H]*"2)%?G]5!33
MWHFG9G$R*J![(0V[<MAJ1M&TWN-MVT`-];#@9L/&10XS<?/+-,\&Z=7B$8BE
MWN/;C82R>ZFP(WN%8CN9D]NR[FSO/M7/IQ2G%*<4IQ2G%*UDV+!IN^ZME&QU
M2Q4YA9,R@+[3A@=(H*VAU*2KFCR%'D)N1B6;2TU*1JUYCCT1NDTE$7"Q#,G3
MILLW4(J4Z5I541'2US%[DUTH;Y`KU*.["7#LRQ8ESTB&LJWFZ9O,9N_J$MK(
M6<Z<CFC%C.K*MV80R;T&J#..,Y%HT`%%ZMZIZB>+BI4C*YC(TM3GWD'8[_UQ
MT:;G21+AG<32^$*0X2$1$6+^R.7<-5[*A7VXQC-+U_KBKEX*!UTEDTD%Z7-3
M2_\`CTK\V[+`Y]:*]1<ND<RZ^9%(5Z3HJ]TNU*IG6ZVRMGI"6+Z#(VYDZHTJ
M^2E1;N'3YI,J-W:",BW]CLAQ47I>LU"=%G%,UK>=LH6NR%>T#<:YLT&67>5D
M9LF=/=.D*')0-@I#-Q8T&L<_J[FG"K()E(1"PKE8*+E1,P_YA>EZ^*@>/>N9
MYF!,6::(]M>;PN[X[N5(CKK1J6]E*BZSNV42X7&J-5:XPJ]?5B](FJ2=ZX<)
M1C9TC(S,@Y7%X=<0X)OK2]3C0^H;JSS]DN5=N=>961YV3I_9*N1=RS].XT-O
M,57KQ!=>!JMJK:5D@G5ACU8:,6EF3Q!VP<Q<N+19(#_4]JR]+UKOI'BVB]`R
MNDTE#85:I<J#F/8^E5F^P.=QB#6"F^SVBPMVT-6"IY;"FQC,T6KZ4M5B547*
MR/X"22(#L'#%!<5];TO75,D:S^%BDLW;N31Q$@:JKH)*'1.B0A"K(B<IA14'
MV!^I1`>2I7TJ-VZJB*RJ"*BS8QS-U5$B'40,H42',B<Q1,D8Y!]!$HAZA^G%
M*]N*4XI3BE.*4XI3BE:YW[K9`:%M^7[J^T38H"9RMLLUC*74]`?P>;6,JR[I
M<REOJ2"!T)E107AB+?[B8.$4TTU0,1,H<X6;P,.;RV/R[SY*2XXL$20K$VI/
MK2VOCKJ+BP/A7Z;UWY1Y'K?0N6^/\?C.$R,'EV#/E9&&DN;#8*+8V02#$!M!
M7TML8LR6+$UG-!8]B7&EY2YR^>R>.R-F]?FV>+N</9WUZEX\X(A'DH+^)>(P
MS%RF4%/>+PGM`XE-_,H"F/VS4YPY^.W'OC+QH)]\.K&0CR]L@[1_'S^HTK0Z
MWD?&<?5N8B[9C\Q+W-XT_MDF-)`F)&XOO.6DBF5U.EO;-[7'I-FK,:M);5&I
M4P<8JN?VE9W=8=I?2WZTS-8)#T%45?S<Q7#0\%.#*6%KZ$^%LL"*1_4?4P_M
MSZ<E)RT8B_M4<,A,H$GN,5VQ_J*V4W;Z`Z5I=0Q>BY3YP[SF<CB(F!(V)^)C
MQ3F3+%O:BF]R6+VX6UW.NYA]*S>F1^DR=-DF>2V2J5.]J+1IHF=NM9D+=76B
M"4BU4E"/(*+GJT\=*NHLBR2)BNR`DJ<IQ`P%$H_;D$SY,5EXR2./,N+-(I=0
M+B]U#*=1<#70UH=5R>KXG-Q3]RQ<S,Z^%?W(L6=,:9B481E99(9U4+)M9@8S
MN4%003>LA<J5!:'4I.F6])Z\A)MNU1EDHB:GJN[6^JZ;/B"TF*W*1<['!]MJ
M0W^PZ(8Q/4AA,0Q@'/*Q(<[&;$RKF)P-VUF0Z$'1E(8:CR/V\*UN#YWD.M<S
M%SG"M&F?`S&,R10SJ-RLAW1SQR1/Z6(]49`/J`!`(E9"@0A2%]?:0H%+ZF,8
M?0H>@>IC")C#Z!^XB(CS9`L+#PKCL2Q+'Q-?KEJ4XI3BE.*4XI4(N>C4W/\`
M\(6URYF#BR20Q,#'M(V6FY:7?)H*.W!&,/`L).5708M$C*N5P1^!LD'O5.0O
MZ\H!/A4O:LE5[?7[E"DL->?E>Q"LG,1"3LZ2K8JCZ"G']=D$TR.2)*'($K&J
MD2.`>Q<@%.F)B'*81%JM9&3F&$0F@H\.X$',C&1296;%](J@\F'B+!B"R$<W
M=+-FQG"Y?D<*%*@@GZJ*G(F4Q@E*R/R)_P`1^0G\C&(7^1?Y')[Q.0OZ_J8@
M)F]0_</:/^@\4J&S6ATV`FHFN24ZS+/3,Q$0;2(;F%Y()OYZ/L4K$?>:-066
MC6C]A4Y%1-=<$T3`T4]#>H>G+8U+BID*B9??ZJ$#X@]RGJ<H?&7T$WN/ZC_`
M/:`CZC_P#DJU!*WIE/L]%3TMI(GC*0LR>2Z$_8VZU<9JP+0RPDL7K,%:'1@G
MS1'[+9RH!"+-3E5#^)@'EL;V\Z7\ZG8*IB0%/>7V"3Y`,)@`OL]`'W>HCZ`4
M`']^2E`43$#&`Y!*03@<P&*(%%,1`X&'U]"B00_7U_;BE1`U[K_]Y0SM%1\[
MLJE9"WN4VD<[<1T7`K/UHR.=2LL1+Z#%29?,W)&:1C_*X^JL)2^U,1Y;:7I?
M6U2XBR*@$$BJ9P4*8Y!(<I@.0@E*<Y/01]Q2&.`"(?H`B')2OT)R@)0$Q0$P
M^TH"(`)C>T3^TH>OZC["B/I_H'KQ2J@NF\9CGY[(E9Y]1FK4S5DDV1&,DGGU
MEK?^7-!H%4;-5$55ETH)RHH4IA^N0A14]OR)^[(*3X5B6"ZFL5_]EL5_]Y?^
M@V7_`*/R[&IO7[_R-7MS"LJ<4IQ2G%*<4IQ2G%*<4IQ2G%*<4IQ2G%*U@WZJ
M3%QM6/QU:DJ56+A&6@UDJ5PE;Q(P%XC"P;B,>76'JM-90[E'0H:TTTCB/EVC
METDU;HKIN%4E#))"7)3:]0_[UH<_Q&&)2)J%J^R=:$:I(0M)JNB2;>]5[W-=
M-B*Y,INK<YDGM:LR9;/*66>LRA$D_P`=-.2-V7L>H%;*I!G?7P-ZPL+>5?+5
M,AE;O6GTP71\;S^VO&%C-=(=3051M_\`8+HIM$['R.JHE9(/X.X56Q6ULS2C
M7`N#L"PSXA%Q_1!.DV/F:6T\KU\TW5<VB-'JM;@['DE@H=ZUFL.J@O$3KY"I
M9I$5O2*U8;2I4K*,67/'URM-/J,/'3#=&71EDW;KV?`Z)("8\UMYWM32]O*K
M7W;*\VLFK[-(6[0>M,`_E$%EFZ-RO$#'6MA-2&".J'GS:XP[UB1>-;PD@_GI
MULH9=<ZZ7PJHIE,W$Y8I(`M?_1H0+ZVJ>YID#6KH=CTWVH4JR:$_I=W@W4D_
MO\'+1K6N6%U99NL3.F0"%3C)VOMH*(=LVGR2DA.@DQ;K$:J)MQ!,PF]OI5`\
M?K5&O\7JA*%),B:9UE<8<P^TI5W3O3X]K6)]%U$8#&K,I0WX5S6*\$?F-(D2
M@X17D15<SB+P4TR*&'EN;^=ZEM/*U2DF,D>/*\^O>J=?XVE1,A9CUE)M?"R,
M5+/I&Z[7,Q,L$5(,(2&]D?IETK:1(HBSE!)2`,V^4YOC2XO]C?\`\5;#SM4S
MI61M8'KG8XN*T#.YYVUOM#F]:-*:M#R><SS>@?U%&UUNR6V!HM?0K9KM%P@'
ME/O1;UTZ,Y$)!5T"ZA^0GU>=`++7IEV44F'K.RQC&_8Y<+A;\5KL.;^C:(PK
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K3NP?**""GN4.,):^E[T`6VMJLW^J]-O_`#>)_P#R^!_Z]Q>7[TM%]J__V3\_
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
