<SEC-DOCUMENT>0001062993-15-003265.txt : 20150609
<SEC-HEADER>0001062993-15-003265.hdr.sgml : 20150609
<ACCEPTANCE-DATETIME>20150608181817
ACCESSION NUMBER:		0001062993-15-003265
CONFORMED SUBMISSION TYPE:	SC 13D
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20150609
DATE AS OF CHANGE:		20150608
GROUP MEMBERS:		ANGLIAN HOLDINGS, LLC

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Heritage Global Inc.
		CENTRAL INDEX KEY:			0000849145
		STANDARD INDUSTRIAL CLASSIFICATION:	TELEGRAPH & OTHER MESSAGE COMMUNICATIONS [4822]
		IRS NUMBER:				592291344
		STATE OF INCORPORATION:			FL
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13D
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-40638
		FILM NUMBER:		15919448

	BUSINESS ADDRESS:	
		STREET 1:		1 TORONTO STREET,SUITE 700
		STREET 2:		P.O. BOX 3,
		CITY:			TORONTO,
		STATE:			A6
		ZIP:			M5C 2V6
		BUSINESS PHONE:		416-866-3005

	MAIL ADDRESS:	
		STREET 1:		1 TORONTO STREET,SUITE 700
		STREET 2:		P.O. BOX 3,
		CITY:			TORONTO,
		STATE:			A6
		ZIP:			M5C 2V6

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Counsel RB Capital Inc.
		DATE OF NAME CHANGE:	20110121

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	C2 Global Technologies Inc
		DATE OF NAME CHANGE:	20050812

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ACCERIS COMMUNICATIONS INC
		DATE OF NAME CHANGE:	20040220

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SILBER ALLAN C
		CENTRAL INDEX KEY:			0001009161

	FILING VALUES:
		FORM TYPE:		SC 13D

	MAIL ADDRESS:	
		STREET 1:		C/O COUNSEL CORPORATION
		STREET 2:		700 - 1 TORONTO ST.
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5C 2V6
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13D
<SEQUENCE>1
<FILENAME>sc13d.htm
<DESCRIPTION>SC 13D
<TEXT>
<HTML>
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   <TITLE>Heritage Global Inc.: Schedule 13D - Filed by newsfilecorp.com</TITLE>
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<P align=center><B><FONT size=5>UNITED STATES </FONT><BR></B><B><FONT
size=5>SECURITIES AND EXCHANGE COMMISSION </FONT><BR></B><B>WASHINGTON, D.C.
20549 </B></P>
<P align=center><B><FONT size=5>SCHEDULE 13D </FONT></B></P>
<P align=center>Under the Securities Exchange Act of 1934 </P>
<P align=center><B></B><B><FONT size=5><U>Heritage Global Inc.
</U></FONT><BR></B>(Name of Issuer) </P>
<P align=center><B></B><B><U>Common Stock </U><BR></B>(Title of Class of
Securities) </P>
<P align=center><B></B><B><U>42727E103 </U><BR></B>(CUSIP Number) </P>
<P align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Allan C. Silber <BR>c/o COUNSEL
CORPORATION <BR></B><B>1 Toronto St., Suite 700, P.O. Box 3 <BR>Toronto,
Ontario, Canada M5C 2V6 <BR><U>(416) 866-3000 </U><BR></B>(Name, Address and
Telephone Number of Person Authorized to Receive Notice and Communications) </P>
<P align=center><B></B><B><U>December 15, 2014 </U><BR></B>(Date of Event which
Requires Filing of this Statement) </P>
<P align=justify>If the filing person has previously filed a statement on
Schedule 13G to report the acquisition which is the subject of this Schedule
13D, and is filing this schedule because of &#167;&#167;240.13d -1(e), 240,13d-1(f) or
240.13d -1(g), check the following box [&nbsp;&nbsp; ]. </P>
<P align=justify><B>Note</B>: Schedules filed in paper format shall include a
signed original and five copies of the schedule, including all exhibits. See
&#167;240.13d -7 for other parties to whom copies are to be sent. </P>
<P align=justify>* The remainder of this cover page shall be filled out for a
reporting person&#146;s initial filing on this form with respect to the subject class
of securities, and for any subsequent amendment containing information which
would alter disclosures provided in a prior cover page. </P>
<P align=justify>The information required on the remainder of this cover page
shall not be deemed to be &#147;filed&#148; for the purpose of Section 18 of the
Securities Exchange Act of 1934 (&#147;Exchange Act&#148;) or otherwise subject to the
liabilities of that section of the Act but shall be subject to all other
provisions of the Act (however, see the Notes). </P>
<P align=justify><B>Persons who respond to the collection of information
contained in this form are not required to respond unless the form displays a
currently valid OMB control number. </B></P>
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<DIV>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="20%" border=0>

  <TR vAlign=top>
    <TD align=left>CUSIP No. </TD>
    <TD
    style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
    align=left width="50%">&nbsp; 42727E103 </TD></TR></TABLE></DIV><BR>
<DIV>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
borderColor=#000000 cellSpacing=0 cellPadding=3 width="100%" border=1>

  <TR vAlign=top>
    <TD vAlign=middle align=center width="10%">1 </TD>
    <TD align=left width="90%" colSpan=2>NAMES OF REPORTING PERSONS:
      <BR><BR>Allan C. Silber <BR><BR>I.R.S. IDENTIFICATION NOS. OF ABOVE
      PERSONS (ENTITIES ONLY): <BR><BR>Decline to disclose </TD></TR>
  <TR vAlign=top>
    <TD vAlign=middle align=center width="10%">2 </TD>
    <TD align=left width="90%" colSpan=2>
      <P>CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
      <BR><BR>(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      [&nbsp;&nbsp; ]</P>
      <P>(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [X]</P></TD></TR>
  <TR vAlign=top>
    <TD vAlign=middle align=center width="10%">3 </TD>
    <TD align=left width="90%" colSpan=2>
      <P>SEC USE ONLY: </P>
      <P>&nbsp;</P></TD></TR>
  <TR vAlign=top>
    <TD vAlign=middle align=center width="10%">4 </TD>
    <TD align=left width="90%" colSpan=2>SOURCE OF FUNDS (SEE
      INSTRUCTIONS): <BR><BR>PF; SC </TD></TR>
  <TR vAlign=top>
    <TD vAlign=middle align=center width="10%">5 </TD>
    <TD align=left width="90%" colSpan=2>
      <P>CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
      <BR>2(d) or 2(e): </P>
      <P>[&nbsp;&nbsp; ]</P></TD></TR>
  <TR vAlign=top>
    <TD vAlign=middle align=center width="10%">6 </TD>
    <TD align=left width="90%" colSpan=2>CITIZENSHIP OR PLACE OF
      ORGANIZATION: <BR><BR>Canada </TD></TR>
  <TR vAlign=top>
    <TD vAlign=middle align=center rowSpan=4 width="10%">NUMBER OF <BR>SHARES
      <BR>BENFICIALLY <BR>OWNED BY <BR>EACH <BR>REPORTING <BR>PERSON <BR>WITH
</TD>
    <TD align=center width="10%">7</TD>
    <TD align=left width="80%">SOLE VOTING POWER: <BR>1,735,183
      shares of Common Stock </TD></TR>
  <TR vAlign=top>
    <TD align=center width="10%">8</TD>
    <TD align=left width="80%">SHARED VOTING POWER: <BR>0 shares
      of Common Stock </TD></TR>
  <TR vAlign=top>
    <TD align=center width="10%">9</TD>
    <TD align=left width="80%">SOLE DISPOSITIVE POWERS: <BR>1,735,183 shares of Common Stock </TD></TR>
  <TR vAlign=top>
    <TD align=center width="10%">
      10</TD>
    <TD align=left width="80%">
      <P>SHARES DISPOSITIVE POWER: </P>
      <P>0 shares of Common Stock </P>
      </TD></TR>
  <TR vAlign=top>
    <TD vAlign=middle align=center width="10%">11 </TD>
    <TD align=left width="90%" colSpan=2>
      <P align=justify>AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
      PERSON: <BR>1,735,183 shares of Common Stock, composed of 442,000 shares
      directly owned by Anglian Holdings, LLC a Limited Liability Company solely
      owned by Mr. Silber, options to purchase 250,000 shares of Common Stock,
      and 1,043,183 shares owned directly by Mr. Silber </P></TD></TR>
  <TR vAlign=top>
    <TD vAlign=middle align=center width="10%">12 </TD>
    <TD align=left width="90%" colSpan=2>
      <P>CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN HARES (SEE
      INSTRUCTIONS): </P>
      <P>[&nbsp;&nbsp; ]</P></TD></TR>
  <TR vAlign=bottom>
    <TD vAlign=middle align=center width="10%">13 </TD>
    <TD align=left width="90%" colSpan=2>PERCENT OF CLASS
      REPRESENTED BY AMOUNT IN ROW (11): <BR><BR>6.1% </TD></TR>
  <TR vAlign=top>
    <TD vAlign=middle align=center width="10%">14 </TD>
    <TD align=left width="90%" colSpan=2>TYPE OF REPORTING PERSON
      (SEE INSTRUCTIONS): <BR><BR>IN </TD></TR>
  </TABLE></DIV><BR>
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<DIV>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="20%" border=0>

  <TR vAlign=top>
    <TD align=left>CUSIP No. </TD>
    <TD
    style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
    align=left width="50%">&nbsp; 42727E103 </TD></TR></TABLE></DIV><BR>
<DIV>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
borderColor=#000000 cellSpacing=0 cellPadding=3 width="100%" border=1>

  <TR vAlign=top>
    <TD vAlign=center align=center rowSpan=8>1 </TD>
    <TD align=left width="85%" colSpan=2 rowSpan=8>NAMES OF REPORTING PERSONS:
      <BR><BR>Anglian Holdings, LLC <BR><BR>I.R.S. IDENTIFICATION NOS. OF ABOVE
      PERSONS (ENTITIES ONLY): <BR><BR>Decline to disclose </TD></TR>
  <TR></TR>
  <TR vAlign=top></TR>
  <TR></TR>
  <TR vAlign=top></TR>
  <TR></TR>
  <TR vAlign=top></TR>
  <TR></TR>
  <TR vAlign=top>
    <TD vAlign=center align=center rowSpan=4>2 </TD>
    <TD align=left width="85%" colSpan=2 rowSpan=4>
      <P>CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
      <BR><BR>(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      [&nbsp;&nbsp; ]</P>
      <P>(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [X]</P></TD></TR>
  <TR></TR>
  <TR vAlign=top></TR>
  <TR vAlign=top></TR>
  <TR vAlign=top>
    <TD vAlign=center align=center rowSpan=3>3 </TD>
    <TD align=left width="85%" colSpan=2 rowSpan=3>
      <P>SEC USE ONLY: </P>
      <P>&nbsp;</P></TD></TR>
  <TR vAlign=top></TR>
  <TR></TR>
  <TR vAlign=top>
    <TD vAlign=center align=center rowSpan=3>4 </TD>
    <TD align=left width="85%" colSpan=2 rowSpan=3>SOURCE OF FUNDS (SEE
      INSTRUCTIONS): <BR><BR>PF</TD></TR>
  <TR vAlign=top></TR>
  <TR vAlign=top></TR>
  <TR vAlign=top>
    <TD vAlign=center align=center rowSpan=3>5 </TD>
    <TD align=left width="85%" colSpan=2 rowSpan=3>
      <P>CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
      <BR>2(d) or 2(e): </P>
      <P>[&nbsp;&nbsp; ]</P></TD></TR>
  <TR vAlign=top></TR>
  <TR></TR>
  <TR vAlign=top>
    <TD vAlign=center align=center rowSpan=3>6 </TD>
    <TD align=left width="85%" colSpan=2 rowSpan=3>CITIZENSHIP OR PLACE OF
      ORGANIZATION: <BR><BR>United States of America </TD></TR>
  <TR vAlign=top></TR>
  <TR vAlign=top></TR>
  <TR vAlign=top>
    <TD vAlign=center align=center rowSpan=12>NUMBER OF <BR>SHARES
      <BR>BENFICIALLY <BR>OWNED BY <BR>EACH <BR>REPORTING <BR>PERSON <BR>WITH
</TD>
    <TD vAlign=center align=center width="15%" rowSpan=3>7 </TD>
    <TD align=left width="70%" rowSpan=3>SOLE VOTING POWER: <BR><BR>442,000
      shares of Common Stock </TD></TR>
  <TR vAlign=top></TR>
  <TR vAlign=top></TR>
  <TR vAlign=top>
    <TD vAlign=center align=center width="15%" rowSpan=3>8 </TD>
    <TD align=left width="70%" rowSpan=3>SHARED VOTING POWER: <BR><BR>0 shares
      of Common Stock </TD></TR>
  <TR vAlign=top></TR>
  <TR vAlign=top></TR>
  <TR vAlign=top>
    <TD vAlign=center align=center width="15%" rowSpan=4>9 </TD>
    <TD align=left width="70%" rowSpan=4>SOLE DISPOSITIVE POWERS:
      <BR><BR>442,000 shares of Common Stock </TD></TR>
  <TR vAlign=top></TR>
  <TR vAlign=top></TR>
  <TR></TR>
  <TR vAlign=top>
    <TD vAlign=center align=center width="15%" rowSpan=2>10 </TD>
    <TD align=left width="70%" rowSpan=2>
      <P>SHARES DISPOSITIVE POWER: </P>
      <P>0 shares of Common Stock </P></TD></TR>
  <TR vAlign=bottom></TR>
  <TR vAlign=top>
    <TD vAlign=center align=center rowSpan=2>11 </TD>
    <TD align=left width="85%" colSpan=2 rowSpan=2>AGGREGATE AMOUNT
      BENEFICIALLY OWNED BY EACH REPORTING PERSON: <BR>442,000 shares of Common
      Stock </TD></TR>
  <TR vAlign=top></TR>
  <TR vAlign=top>
    <TD vAlign=center align=center rowSpan=3>12 </TD>
    <TD align=left width="85%" colSpan=2 rowSpan=3><p>CHECK IF THE AGGREGATE
      AMOUNT IN ROW (11) EXCLUDES CERTAIN HARES (SEE            INSTRUCTIONS):
    </p>
      <p>[X]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Excludes
    shares owned by Allan C. Silber individually. </p></TD></TR>
  <TR vAlign=top></TR>
  <TR vAlign=top></TR>
  <TR vAlign=bottom>
    <TD vAlign=center align=center rowSpan=3>13 </TD>
    <TD align=left width="85%" colSpan=2 rowSpan=3>PERCENT OF CLASS
      REPRESENTED BY AMOUNT IN ROW (11): <BR><BR>1.6% </TD></TR>
  <TR vAlign=top></TR>
  <TR vAlign=top></TR>
  <TR vAlign=top>
    <TD vAlign=center align=center rowSpan=3>14 </TD>
    <TD align=left width="85%" colSpan=2 rowSpan=3>TYPE OF REPORTING PERSON
      (SEE INSTRUCTIONS): <BR><BR>OO </TD></TR>
  <TR></TR>
  <TR vAlign=top></TR></TABLE></DIV><BR>
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<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left ><B>Item 1:</B> </TD>
    <TD align=left width="95%"><B>Security and Issuer</B>.
</TD></TR></TABLE>
<P align=justify style="text-indent:5%">This statement relates to the common stock, $0.01 par value per
share (&#147;Common Stock&#148;), issued by Heritage Global Inc. (the &#147;Company&#148; or the
&#147;Issuer&#148;) whose principal executive offices are located at 12625 High Bluff
Drive, Suite 305, San Diego, CA 92130. </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left ><B>Item 2:</B> </TD>
    <TD align=left width="95%"><B>Identity and Background</B>.
</TD></TR></TABLE><BR>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD vAlign=top width="5%">(a) </TD>
    <TD>
      <P align=justify>The name of the person filing this statement is Allan C.
      Silber (&#147;Mr. Silber&#148;).</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD vAlign=top width="5%">(b) </TD>
    <TD>
      <P align=justify>The business address of Mr. Silber is 1 Toronto St.,
      Suite 700, P.O. Box 3, Toronto, Ontario, Canada M5C 2V6.</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD vAlign=top width="5%">(c) </TD>
    <TD>
      <P align=justify>The principal occupation of Mr. Silber is Chairman and
      CEO of Counsel Corporation, a Canadian financial services company. Its
      address is 1 Toronto St., Suite 700, P.O. Box 3, Toronto, Ontario, Canada
      M5C 2V6. Mr. Silber is also Chairman of the Issuer.</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD vAlign=top width="5%">(d) </TD>
    <TD>
      <P align=justify>During the last five years, Mr. Silber has not been
      convicted in a criminal proceeding (excluding traffic violations or
      similar misdemeanors).</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD vAlign=top width="5%">(e) </TD>
    <TD>
      <P align=justify>During the last five years, Mr. Silber has not been a
      party to a civil proceeding of a judicial or administrative body of
      competent jurisdiction and as a result of such proceeding was or is
      subject to a judgment, decree or final order enjoining future violations
      of, or prohibiting or mandating activities subject to, federal or state
      securities laws or finding any violation with respect to such
  laws.</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD vAlign=top width="5%">(f) </TD>
    <TD>
      <P align=justify>Mr. Silber is a Canadian citizen.</P></TD></TR></TABLE>
<P align=justify>Anglian Holdings, LLC:</P>
<P align=justify style="text-indent:5%">Anglian Holdings, LLC is a limited liability company formed
under the laws of the State of Delaware. Mr. Silber is the sole member and
manager. Anglian Holdings, LLC has not been convicted in a criminal proceeding
or been a party to a civil proceeding of a judicial or administrative body of
competent jurisdiction and as a result of such proceeding was or is subject to a
judgment, decree or final order enjoining future violations of, or prohibiting
or mandating activities subject to, federal or state securities laws or finding
any violation with respect to such laws. </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left ><B>Item 3.</B> </TD>
    <TD align=left width="95%"><B>Source and Amount of Funds or Other
      Consideration</B>. </TD></TR></TABLE>
<P align=justify style="text-indent:5%">All of the shares of Common Stock owned by Mr. Silber were
purchased with personal funds, were granted as stock options to Mr. Silber, or
were received as a dividend-in-kind of Issuer shares by Counsel Corporation.
</P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left ><B>Item 4.</B> </TD>
    <TD align=left width="95%"><B>Purpose of Transaction</B>.
</TD></TR></TABLE>
<P align=justify style="text-indent:5%">Mr. Silber and Anglian Holdings, LLC beneficially hold the
shares of Common Stock described herein for investment purposes. Mr. Silber may
make additional purchases for investment purposes from time to time, through
Anglian Holdings, LLC or directly. In addition, Mr. Silber is Chairman of the
Issuer and will continue to participate in incentive programs available to
directors. As Chairman, Mr. Silber has a continuing role in the governance of
the Company, and in this role he may in the future make proposals or offer input on proposals with respect to the matters set
forth in (a) through (j) of Item 4 of Schedule 13D. Anglian Holdings, LLC may
support Mr. Silber in such proposals or make proposals of its own. </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
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<P align=justify style="text-indent:5%">Except as set forth above neither Anglian Holdings, LLC nor Mr.
Silber has any current plans or proposals with respect to any of the matters set
forth in paragraphs (a) through (j) of Item 4 of Schedule 13D.<SUP> </SUP></P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left ><B>Item 5.</B> </TD>
    <TD align=left width="95%"><B>Interest in Securities of the Issuer</B>.
  </TD></TR></TABLE><BR>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD vAlign=top width="5%">(a) </TD>
    <TD>
      <P align=justify>Mr. Silber beneficially owns 6.1% of the Issuer&#146;s Common
      Stock, or 1,735,183 shares of Common Stock, composed of 442,000 shares
      directly owned by Anglian Holdings, LLC, and options to purchase 250,000
      shares of Common Stock. Anglian Holdings, LLC beneficially owns 1.6% of
      the Common Stock of the Issuer consisting of 442,000 shares of Common
      Stock held directly.</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD vAlign=top width="5%">(b) </TD>
    <TD>
      <P align=justify>Mr. Silber beneficially owns the following number of
      shares of Common Stock with:</P></TD></TR></TABLE>
<P style="MARGIN-LEFT: 10%" align=justify>Sole Voting Power: 1,735,183 shares of
Common Stock </P>
<P style="MARGIN-LEFT: 10%" align=justify>Shared Voting Power: 0 shares of
Common </P>
<P style="MARGIN-LEFT: 10%" align=justify>Stock Sole Dispositive Power:
1,735,183 shares of Common </P>
<P style="MARGIN-LEFT: 10%" align=justify>Stock Shared Dispositive Power: 0
shares of Common Stock</P>
<P align=justify style="text-indent:5%">Anglian Holdings, LLC beneficially owns the following number of
shares of Common Stock with: </P>
<P style="MARGIN-LEFT: 10%" align=justify>Sole Voting Power: 442,000 shares of
Common Stock</P>
<P style="MARGIN-LEFT: 10%" align=justify>Shared Voting Power: 0 shares of
Common Stock</P>
<P style="MARGIN-LEFT: 10%" align=justify>Sole Dispositive Power: 442,000 shares
of Common Stock</P>
<P style="MARGIN-LEFT: 10%" align=justify>Shared Dispositive Power: 0 shares of
Common Stock </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD vAlign=top width="5%">(c) </TD>
    <TD>
      <P align=justify>On May 28, 2015, Mr. Silber purchased 155,000 shares of
      Common Stock in an open market transaction at a price of $0.36 per share.
      Other than this transaction, neither Anglian Holdings, LLC nor Mr. Silber
      has effected any transactions in the securities of the Company in the past
      sixty days.</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD vAlign=top width="5%">(d) </TD>
    <TD>
      <P align=justify>Other than Anglian Holdings, LLC and Mr. Silber, no
      person is known to have the right to receive or the power to direct the
      receipt of dividends from, or the proceeds from the sale of, the shares of
      Common Stock reported herein.</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD vAlign=top width="5%">(e) </TD>
    <TD>
      <P align=justify>Not applicable</P></TD></TR></TABLE><BR>
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  <TR vAlign=top>
    <TD align=left ><B>Item 6.</B> </TD>
    <TD align=left width="95%"><B>Contracts, Arrangements, Understandings or
      Relationships with Respect to</B> <B>Securities of the Issuer</B>.
  </TD></TR></TABLE>
<P align=justify style="text-indent:5%">Other than as described above, there are no contracts,
arrangements, understandings or relationships (legal or otherwise) between Mr.
Silber or Anglian Holdings, LLC and any other person with respect to any
securities of the Company, including, but not limited to, the transfer or voting
of any of the securities, finder&#146;s fees, joint ventures, loan or option
arrangements, puts or calls, guarantees of profits, division of profits or loss,
or the giving or withholding of proxies or any pledge or contingency, the
occurrence of which would give another person voting or investment power over
the securities of the Company.</P>
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  <TR vAlign=top>
    <TD align=left ><B>Item 7.</B> </TD>
    <TD align=left width="95%"><B>Material to be filed as Exhibits</B>.
  </TD></TR></TABLE>
<P align=justify>None </P>
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<P align=center><B><U>SIGNATURE</U></B><B> </B></P>
<P align=justify style="text-indent:5%">After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.</P>
<P align=justify>Dated: June 8, 2015 </P>
<DIV align=right>
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  <TR vAlign=bottom>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="90%" colSpan=2>Anglian Holdings, LLC </TD></TR>
  <TR>
    <TD >&nbsp;</TD>
    <TD width="10%" >&nbsp; </TD>
    <TD width="80%">&nbsp; </TD></TR>
  <TR>
    <TD >&nbsp;</TD>
    <TD width="10%" >&nbsp; </TD>
    <TD width="80%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="10%" >By: </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="80%">/s/
      Allan C. Silber </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="10%" >&nbsp; </TD>
    <TD align=left width="80%">Name: Allan C. Silber </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="10%" ></TD>
    <TD align=left width="80%">Title: Manager </TD></TR>
  <TR>
    <TD >&nbsp;</TD>
    <TD width="10%" >&nbsp; </TD>
    <TD width="80%">&nbsp; </TD></TR>
  <TR>
    <TD >&nbsp;</TD>
    <TD width="10%" >&nbsp; </TD>
    <TD width="80%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left colSpan=3>/s/
      Allan C. Silber </TD></TR>
  <TR vAlign=top>
    <TD align=left colSpan=3>Allan C. Silber </TD></TR></TABLE></DIV><BR>
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