<SEC-DOCUMENT>0001408408-17-000019.txt : 20170727
<SEC-HEADER>0001408408-17-000019.hdr.sgml : 20170727
<ACCEPTANCE-DATETIME>20170727172046
ACCESSION NUMBER:		0001408408-17-000019
CONFORMED SUBMISSION TYPE:	SC 13D
PUBLIC DOCUMENT COUNT:		3
FILED AS OF DATE:		20170727
DATE AS OF CHANGE:		20170727

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Cyclacel Pharmaceuticals, Inc.
		CENTRAL INDEX KEY:			0001130166
		STANDARD INDUSTRIAL CLASSIFICATION:	PHARMACEUTICAL PREPARATIONS [2834]
		IRS NUMBER:				911766850
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13D
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-80136
		FILM NUMBER:		17987113

	BUSINESS ADDRESS:	
		STREET 1:		200 CONNELL DRIVE
		STREET 2:		SUITE 1500
		CITY:			BERKELEY HEIGHTS
		STATE:			NJ
		ZIP:			07922
		BUSINESS PHONE:		908-517-7330

	MAIL ADDRESS:	
		STREET 1:		200 CONNELL DRIVE
		STREET 2:		SUITE 1500
		CITY:			BERKELEY HEIGHTS
		STATE:			NJ
		ZIP:			07922

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	XCYTE THERAPIES INC
		DATE OF NAME CHANGE:	20001218

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Eastern Capital LTD
		CENTRAL INDEX KEY:			0001408408
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9

	FILING VALUES:
		FORM TYPE:		SC 13D

	BUSINESS ADDRESS:	
		STREET 1:		10 MARKET STREET, #773
		STREET 2:		CAMANA BAY
		CITY:			GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-9006
		BUSINESS PHONE:		345-640-3300

	MAIL ADDRESS:	
		STREET 1:		10 MARKET STREET, #773
		STREET 2:		CAMANA BAY
		CITY:			GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-9006
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13D
<SEQUENCE>1
<FILENAME>cycc_13dv07272017.htm
<DESCRIPTION>SCHEDULE 13D
<TEXT>
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<P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt; text-align: center"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
Washington, D.C. 20549</B></P>

<P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt; text-align: center"><B>SCHEDULE 13D</B></P>

<P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt; text-align: center"><B>Under the Securities Exchange
Act of 1934<BR>
(Amendment No. )*</B></P>

<P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center; border-bottom: black 0.75pt solid">Cyclacel
Pharmaceuticals, Inc.</P>

<P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0 0 11.25pt; text-align: center">(Name of Issuer)</P>

<P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center; border-bottom: black 0.75pt solid">COMMON,
$0.001 PAR VALUE PER SHARE</P>

<P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0 0 11.25pt; text-align: center">(Title of Class of Securities)</P>

<P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center; border-bottom: black 0.75pt solid">23254L405</P>

<P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0 0 11.25pt; text-align: center">(CUSIP Number)</P>

<P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center; border-bottom: black 0.75pt solid">William
Sullivan, 10 Market Street, #773 Camana Bay Grand Cayman, KY1-9006 CAYMAN ISLANDS, 345-640-3300</P>

<P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0 0 11.25pt; text-align: center">(Name, Address and Telephone
Number of Person<BR>
Authorized to Receive Notices and Communications)</P>

<P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center; border-bottom: black 0.75pt solid">July
19, 2017</P>

<P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0 0 11.25pt; text-align: center">(Date of Event which Requires
Filing of this Statement)</P>

<P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt">If the filing person has previously filed a statement
on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of &sect;&sect;240.13d-1(e),
240.13d-1(f) or 240.13d-1(g), check the following box. <FONT STYLE="font-family: Wingdings">x</FONT></P>

<P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt"><B>Note</B>: Schedules filed in paper format shall
include a signed original and five copies of the schedule, including all exhibits. See &sect;240.13d-7 for other parties to whom
copies are to be sent.</P>

<P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt"><SUP>*</SUP> The remainder of this cover page shall
be filled out for a reporting person'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 STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt">The information required on the remainder of this
cover page shall not be deemed to be &quot;filed&quot; for the purpose of Section 18 of the Securities Exchange Act of 1934 (&quot;Act&quot;)
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 STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt">&nbsp;</P>


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    <TD STYLE="font: 10pt/107% Calibri, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">CUSIP No. 23254L405</FONT></TD>
    <TD STYLE="font: 10pt/107% Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt/107% Calibri, Helvetica, Sans-Serif; text-align: center"><FONT STYLE="font-size: 10pt">13D</FONT></TD>
    <TD STYLE="font: 10pt/107% Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt/107% Calibri, Helvetica, Sans-Serif; text-align: right"><FONT STYLE="font-size: 10pt">Page 2 of 7 Pages</FONT></TD></TR>
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<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="5">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">1.</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; line-height: 107%"><FONT STYLE="font-size: 10pt">NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)</FONT><BR>
<BR>
<FONT STYLE="font-size: 10pt"><B>EASTERN CAPITAL LIMITED</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">2.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="vertical-align: top; border-bottom: black 1pt solid; line-height: 107%"><FONT STYLE="font-size: 10pt">CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</FONT><BR>
<FONT STYLE="font-size: 10pt">(see instructions)</FONT><BR>
<FONT STYLE="font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&uml;</FONT><BR>
<FONT STYLE="font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&uml;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">3.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-bottom: black 1pt solid; line-height: 107%"><FONT STYLE="font-size: 10pt">SEC USE ONLY</FONT><BR>
<FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">4.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-bottom: black 1pt solid; line-height: 107%"><FONT STYLE="font-size: 10pt">SOURCE OF FUNDS (see instructions)</FONT><BR>
<FONT STYLE="font-size: 10pt">&nbsp;</FONT><BR>
<FONT STYLE="font-size: 10pt"><B>WC</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">5.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-bottom: black 1pt solid">
        <P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0">CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
        PURSUANT TO ITEMS 2(d) or 2(e)</P>
        <P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0">&uml;</P></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">6.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-bottom: black 1pt solid; line-height: 107%"><FONT STYLE="font-size: 10pt">CITIZENSHIP OR PLACE OF ORGANIZATION</FONT><BR>
<FONT STYLE="font-size: 10pt">&nbsp;</FONT><BR>
<FONT STYLE="font-size: 10pt"><B>CAYMAN ISLANDS</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD></TR>
<TR>
    <TD COLSPAN="3">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
<TR>
    <TD COLSPAN="3" ROWSPAN="4" STYLE="border-bottom: black 1pt solid; text-align: center; line-height: 107%"><FONT STYLE="font-size: 10pt">NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH</FONT></TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">7.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: top; border-bottom: black 1pt solid; line-height: 107%"><FONT STYLE="font-size: 10pt">SOLE VOTING POWER</FONT><BR>
<FONT STYLE="font-size: 10pt">&nbsp;</FONT><BR>
<FONT STYLE="font-size: 10pt">-0-</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">8.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: top; border-bottom: black 1pt solid; line-height: 107%"><FONT STYLE="font-size: 10pt">SHARED VOTING POWER</FONT><BR>
<FONT STYLE="font-size: 10pt">&nbsp;</FONT><BR>
<FONT STYLE="font-size: 10pt"><B>2,167,261</B></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">9.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: top; border-bottom: black 1pt solid; line-height: 107%"><FONT STYLE="font-size: 10pt">SOLE DISPOSITIVE POWER</FONT><BR>
<FONT STYLE="font-size: 10pt">&nbsp;</FONT><BR>
<FONT STYLE="font-size: 10pt">-0-</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">10.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: top; border-bottom: black 1pt solid; line-height: 107%"><FONT STYLE="font-size: 10pt">SHARED DISPOSITIVE POWER</FONT><BR>
<FONT STYLE="font-size: 10pt">&nbsp;</FONT><BR>
<FONT STYLE="font-size: 10pt"><B>2,167,261</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="5">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">11.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-bottom: black 1pt solid; line-height: 107%"><FONT STYLE="font-size: 10pt">AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON </FONT><BR>
<BR>
<FONT STYLE="font-size: 10pt"><B>2,167,261</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">12.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-bottom: black 1pt solid; padding-bottom: 12pt; line-height: 107%"><FONT STYLE="font-size: 10pt">CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES</FONT><BR>
<FONT STYLE="font-size: 10pt">(see instructions)&nbsp;&nbsp;&nbsp;&nbsp;&uml;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">13.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-bottom: black 1pt solid; line-height: 107%"><FONT STYLE="font-size: 10pt">PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) </FONT><BR>
<BR>
<FONT STYLE="font-size: 10pt"><B>29.7%</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">14.</FONT></TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="line-height: 107%"><FONT STYLE="font-size: 10pt">TYPE OF REPORTING PERSON (see instructions) </FONT><BR>
<BR>
<FONT STYLE="font-size: 10pt"><B>CO</B></FONT></TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="width: 55px">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="width: 502px">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

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    <TD STYLE="width: 32%; border-top: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="line-height: 107%"><FONT STYLE="font-size: 10pt">CUSIP No. 23254L405</FONT></TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD STYLE="text-align: center; line-height: 107%"><FONT STYLE="font-size: 10pt">13D</FONT></TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD STYLE="text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">Page 3 of 7 Pages</FONT></TD></TR>
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<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="5">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">1.</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; line-height: 107%"><FONT STYLE="font-size: 10pt">NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)</FONT><BR>
<BR>
<FONT STYLE="font-size: 10pt"><B>PORTFOLIO SERVICES LTD.</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">2.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="vertical-align: top; border-bottom: black 1pt solid; line-height: 107%"><FONT STYLE="font-size: 10pt">CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</FONT><BR>
<FONT STYLE="font-size: 10pt">(see instructions)</FONT><BR>
<FONT STYLE="font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&uml;</FONT><BR>
<FONT STYLE="font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&uml;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">3.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-bottom: black 1pt solid; line-height: 107%"><FONT STYLE="font-size: 10pt">SEC USE ONLY</FONT><BR>
<FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">4.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-bottom: black 1pt solid; line-height: 107%"><FONT STYLE="font-size: 10pt">SOURCE OF FUNDS (see instructions)</FONT><BR>
<FONT STYLE="font-size: 10pt">&nbsp;</FONT><BR>
<FONT STYLE="font-size: 10pt"><B>OO</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">5.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-bottom: black 1pt solid">
        <P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0">CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
        PURSUANT TO ITEMS 2(d) or 2(e)</P>
        <P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0">&uml;</P></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">6.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-bottom: black 1pt solid; line-height: 107%"><FONT STYLE="font-size: 10pt">CITIZENSHIP OR PLACE OF ORGANIZATION</FONT><BR>
<FONT STYLE="font-size: 10pt">&nbsp;</FONT><BR>
<FONT STYLE="font-size: 10pt"><B>CAYMAN ISLANDS</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD></TR>
<TR>
    <TD COLSPAN="3">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
<TR>
    <TD COLSPAN="3" ROWSPAN="4" STYLE="border-bottom: black 1pt solid; text-align: center; line-height: 107%"><FONT STYLE="font-size: 10pt">NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH</FONT></TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">7.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: top; border-bottom: black 1pt solid; line-height: 107%"><FONT STYLE="font-size: 10pt">SOLE VOTING POWER</FONT><BR>
<FONT STYLE="font-size: 10pt">&nbsp;</FONT><BR>
<FONT STYLE="font-size: 10pt">-0-</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">8.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: top; border-bottom: black 1pt solid; line-height: 107%"><FONT STYLE="font-size: 10pt">SHARED VOTING POWER</FONT><BR>
<FONT STYLE="font-size: 10pt">&nbsp;</FONT><BR>
<FONT STYLE="font-size: 10pt"><B>2,167,261</B></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">9.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: top; border-bottom: black 1pt solid; line-height: 107%"><FONT STYLE="font-size: 10pt">SOLE DISPOSITIVE POWER</FONT><BR>
<FONT STYLE="font-size: 10pt">&nbsp;</FONT><BR>
<FONT STYLE="font-size: 10pt">-0-</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">10.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: top; border-bottom: black 1pt solid; line-height: 107%"><FONT STYLE="font-size: 10pt">SHARED DISPOSITIVE POWER</FONT><BR>
<FONT STYLE="font-size: 10pt">&nbsp;</FONT><BR>
<FONT STYLE="font-size: 10pt"><B>2,167,261</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="5">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">11.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-bottom: black 1pt solid; line-height: 107%"><FONT STYLE="font-size: 10pt">AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON </FONT><BR>
<BR>
<FONT STYLE="font-size: 10pt"><B>2,167,261</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">12.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-bottom: black 1pt solid; padding-bottom: 12pt; line-height: 107%"><FONT STYLE="font-size: 10pt">CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES</FONT><BR>
<FONT STYLE="font-size: 10pt">(see instructions)&nbsp;&nbsp;&nbsp;&nbsp;&uml;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">13.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-bottom: black 1pt solid; line-height: 107%"><FONT STYLE="font-size: 10pt">PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) </FONT><BR>
<BR>
<FONT STYLE="font-size: 10pt"><B>29.7%</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">14.</FONT></TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="line-height: 107%"><FONT STYLE="font-size: 10pt">TYPE OF REPORTING PERSON (see instructions) </FONT><BR>
<BR>
<FONT STYLE="font-size: 10pt"><B>CO</B></FONT></TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="width: 55px">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="width: 502px">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

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<P STYLE="font: 10pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt">&nbsp;</P>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; width: 100%">
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    <TD STYLE="width: 34%; border-top: Black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD STYLE="width: 1%; border-top: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 32%; border-top: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 1%; border-top: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 32%; border-top: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="line-height: 107%"><FONT STYLE="font-size: 10pt">CUSIP No. 23254L405</FONT></TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD STYLE="text-align: center; line-height: 107%"><FONT STYLE="font-size: 10pt">13D</FONT></TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD STYLE="text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">Page 4 of 7 Pages</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="5">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">1.</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; line-height: 107%"><FONT STYLE="font-size: 10pt">NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)</FONT><BR>
<BR>
<FONT STYLE="font-size: 10pt"><B>KENNETH B. DART</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">2.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="vertical-align: top; border-bottom: black 1pt solid; line-height: 107%"><FONT STYLE="font-size: 10pt">CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</FONT><BR>
<FONT STYLE="font-size: 10pt">(see instructions)</FONT><BR>
<FONT STYLE="font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&uml;</FONT><BR>
<FONT STYLE="font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&uml;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">3.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-bottom: black 1pt solid; line-height: 107%"><FONT STYLE="font-size: 10pt">SEC USE ONLY</FONT><BR>
<FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">4.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-bottom: black 1pt solid; line-height: 107%"><FONT STYLE="font-size: 10pt">SOURCE OF FUNDS (see instructions)</FONT><BR>
<FONT STYLE="font-size: 10pt">&nbsp;</FONT><BR>
<FONT STYLE="font-size: 10pt"><B>OO</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">5.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-bottom: black 1pt solid">
        <P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0">CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
        PURSUANT TO ITEMS 2(d) or 2(e)</P>
        <P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0">&uml;</P></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">6.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-bottom: black 1pt solid; line-height: 107%"><FONT STYLE="font-size: 10pt">CITIZENSHIP OR PLACE OF ORGANIZATION</FONT><BR>
<FONT STYLE="font-size: 10pt">&nbsp;</FONT><BR>
<FONT STYLE="font-size: 10pt"><B>CAYMAN ISLANDS</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD></TR>
<TR>
    <TD COLSPAN="3">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
<TR>
    <TD COLSPAN="3" ROWSPAN="4" STYLE="border-bottom: black 1pt solid; text-align: center; line-height: 107%"><FONT STYLE="font-size: 10pt">NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH</FONT></TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">7.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: top; border-bottom: black 1pt solid; line-height: 107%"><FONT STYLE="font-size: 10pt">SOLE VOTING POWER</FONT><BR>
<FONT STYLE="font-size: 10pt">&nbsp;</FONT><BR>
<FONT STYLE="font-size: 10pt">-0-</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">8.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: top; border-bottom: black 1pt solid; line-height: 107%"><FONT STYLE="font-size: 10pt">SHARED VOTING POWER</FONT><BR>
<FONT STYLE="font-size: 10pt">&nbsp;</FONT><BR>
<FONT STYLE="font-size: 10pt"><B>2,167,261</B></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">9.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: top; border-bottom: black 1pt solid; line-height: 107%"><FONT STYLE="font-size: 10pt">SOLE DISPOSITIVE POWER</FONT><BR>
<FONT STYLE="font-size: 10pt">&nbsp;</FONT><BR>
<FONT STYLE="font-size: 10pt">-0-</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">10.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: top; border-bottom: black 1pt solid; line-height: 107%"><FONT STYLE="font-size: 10pt">SHARED DISPOSITIVE POWER</FONT><BR>
<FONT STYLE="font-size: 10pt">&nbsp;</FONT><BR>
<FONT STYLE="font-size: 10pt"><B>2,167,261</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="5">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">11.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-bottom: black 1pt solid; line-height: 107%"><FONT STYLE="font-size: 10pt">AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON </FONT><BR>
<BR>
<FONT STYLE="font-size: 10pt"><B>2,167,261</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">12.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-bottom: black 1pt solid; padding-bottom: 12pt; line-height: 107%"><FONT STYLE="font-size: 10pt">CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES</FONT><BR>
<FONT STYLE="font-size: 10pt">(see instructions)&nbsp;&nbsp;&nbsp;&nbsp;&uml;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">13.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-bottom: black 1pt solid; line-height: 107%"><FONT STYLE="font-size: 10pt">PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) </FONT><BR>
<BR>
<FONT STYLE="font-size: 10pt"><B>29.7%</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">14.</FONT></TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="line-height: 107%"><FONT STYLE="font-size: 10pt">TYPE OF REPORTING PERSON (see instructions) </FONT><BR>
<BR>
<FONT STYLE="font-size: 10pt"><B>IN</B></FONT></TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="width: 55px">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="width: 502px">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

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<TR>
    <TD STYLE="width: 34%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 32%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 32%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="line-height: 107%"><FONT STYLE="font-size: 10pt">CUSIP No. 23254L405</FONT></TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD STYLE="text-align: center; line-height: 107%"><FONT STYLE="font-size: 10pt">13D</FONT></TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD STYLE="text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">Page 5 of 7 Pages</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 6pt 0"><B>Item 1.&nbsp;&nbsp;Security and Issuer.</B></P>

<P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt">This Schedule 13D (the &ldquo;Schedule 13D&rdquo;)
relates to the common stock of Cyclacel Pharmaceuticals, Inc. (the &ldquo;Issuer&rdquo;), whose principal executive offices are
located at 200 Connell Drive, Suite 1500, Berkeley Heights, New Jersey 07922, United States.</P>

<P STYLE="font: 10pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt; text-align: justify"><B>Item 2.&nbsp;&nbsp;Identity
and Background.</B></P>

<P STYLE="font: 10pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt; text-align: justify">This Schedule 13D is being filed
by Eastern Capital Limited, Portfolio Services Ltd. and Kenneth B. Dart (collectively, the &ldquo;Reporting Persons&rdquo;).</P>

<P STYLE="font: 10pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt; text-align: justify">Eastern Capital Limited, 10 Market
Street #773, Camana Bay, Grand Cayman, KY1-9006, Cayman Islands, a Cayman Islands corporation, is an investment entity that owns
the shares of the Issuer&rsquo;s common stock and warrant to purchase common stock reported in this Schedule 13D. Kenneth B. Dart
and Mark R. VanDevelde are directors of Eastern Capital Limited.</P>

<P STYLE="font: 10pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt; text-align: justify">Portfolio Services Ltd., 10 Market
Street #773, Camana Bay, Grand Cayman, KY1-9006, Cayman Islands, a Cayman Islands corporation, is a holding company which owns
all of the outstanding stock of Eastern Capital Limited. Kenneth B. Dart and Mark R. VanDevelde are directors of Portfolio Services
Ltd.</P>

<P STYLE="font: 10pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt; text-align: justify">Kenneth B. Dart, P. O. Box 31300,
Grand Cayman KY1-1206, Cayman Islands, a British Overseas Territory Citizen / Cayman Islands and businessman, is the beneficial
owner of all of the outstanding stock of Portfolio Services Ltd.</P>

<P STYLE="font: 10pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt; text-align: justify">In the last five years, none of
the persons listed above have been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).</P>

<P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">In the last five years, none of the
persons listed above was a party to a civil proceeding of a judicial or administrative body of competent jurisdiction.</P>

<P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 6pt 0; text-align: justify"><B>Item 3.&nbsp;&nbsp;Source or
Amount of Funds or Other Consideration.</B></P>

<P STYLE="font: 10pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt; text-align: justify">The source of funds used to acquire
the shares of the Issuer&rsquo;s common stock and warrant was the working capital of Eastern Capital Limited.</P>

<P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 6pt 0"><B>Item 4.&nbsp;&nbsp;Purpose of Transaction.</B></P>

<P STYLE="font: 10pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt; text-align: justify">The Reporting Persons acquired
the Issuer&rsquo;s securities for investment purposes.</P>

<P STYLE="font: 10pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt; text-align: justify">On July 19, 2017 Eastern Capital
Limited acquired 850,000 Class A Units. Each Class A Unit consists of one share of the Issuer's common stock, and a warrant to
purchase one share of the Issuer's common stock which is exercisable as of July 21, 2017 with an exercise price of $2.00 per share
and expires on July 22, 2024.</P>

<P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 6pt 0">The Reporting Persons currently have no plans or proposals
which relate to or would result in any transaction, event or action enumerated in paragraphs (a) through (j) of Item 4 of Schedule
13D.</P>

<P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 6pt 0"><B>Item 5.&nbsp;&nbsp;Interest in Securities of the
Issuer.</B></P>

<P STYLE="font: 10pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt; text-align: justify; text-indent: 0.5in">&nbsp;Item
5(a)&ndash;(b)</P>

<P STYLE="font: 10pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt; text-align: justify">Eastern Capital Limited beneficially
owns 2,167,261 shares of the Issuer&rsquo;s common stock, representing 29.7% of the Issuer&rsquo;s outstanding common stock. Eastern
Capital Limited has shared voting and dispositive power of the shares it beneficially owns with its parent, Portfolio Services
Ltd. and Kenneth B. Dart.</P>

<P STYLE="font: 10pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt; text-align: justify">Portfolio Services Ltd., as
the owner of all of the outstanding shares of Eastern Capital Limited, indirectly beneficially owns 2,167,261 shares of the
Issuer&rsquo;s common stock, representing 29.7% of the Issuer&rsquo;s outstanding common stock. Portfolio Services Ltd. has
shared voting and dispositive power of the shares it beneficially owns.</P>


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<P STYLE="font: 10pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt">&nbsp;</P>

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<TR STYLE="vertical-align: bottom">
    <TD STYLE="line-height: 107%"><FONT STYLE="font-size: 10pt">CUSIP No. 23254L405</FONT></TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD STYLE="text-align: center; line-height: 107%"><FONT STYLE="font-size: 10pt">13D</FONT></TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD STYLE="text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">Page 6 of 7 Pages</FONT></TD></TR>
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<P STYLE="font: 10pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt; text-align: justify">As a result of Kenneth B. Dart&rsquo;s
ownership of all of the outstanding shares of Portfolio Services Ltd., he indirectly beneficially owns 2,167,261 shares of the
Issuer&rsquo;s common stock, representing 29.7% of the Issuer&rsquo;s outstanding common stock. Kenneth B. Dart has shared voting
and dispositive power of the shares he beneficially owns.</P>

<P STYLE="font: 10pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt; text-align: justify">Item 5(c)</P>

<P STYLE="font: 10pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt; text-align: justify">Except as described in Item 4 herein,
the Reporting Persons have not effected any transactions in the Issuer&rsquo;s common stock during the past sixty days. The disclosure
in Item 4 is incorporated by reference into Item 5(c).</P>

<P STYLE="font: 10pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt; text-align: justify">Items 5(d) and (e) - Not applicable</P>

<P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 6pt 0; text-align: justify"><B>Item 6.&nbsp;&nbsp;Contracts,
Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.</B></P>

<P STYLE="font: 10pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt; text-align: justify">Included in the shares of the Issuer
common stock beneficially owned directly by the Reporting Persons, the Reporting Persons beneficially own shares underlying a warrant
that may be exercised to acquire an additional 850,000 shares of the Issuer&rsquo;s common stock at an exercise price of $2.00
per share. The warrant is exercisable as of July 21, 2017 and expires pursuant to the terms of the Form of Warrant on July 22,
2024.</P>

<P STYLE="font: 10pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt; text-align: justify">A copy of the Form of Warrant is
filed as Exhibit 4.3 to the third Amendment of the Form S-1 filing of the Issuer as filed with the SEC on July 17, 2017 and is
incorporated by reference herein.</P>

<P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><B>Item 7.&nbsp;&nbsp;Material to Be Filed as Exhibits.</B></P>

<P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/107% Calibri, Helvetica, Sans-Serif; margin: 0">Exhibit 1 &ndash; Joint Filing Agreement</P>

<P STYLE="font: 10pt/107% Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt">Exhibit 2 &ndash; Form of Warrant to purchase shares
of the Issuer&rsquo;s common stock (previously filed as Exhibit 4.3 to the third Amendment of the Form S-1 filing of the Issuer
as filed with the SEC on July 17, 2017 and is incorporated by reference herein).</P>


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    <TD STYLE="border-top: Black 1pt solid; line-height: 107%">&nbsp;</TD>
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<TR STYLE="vertical-align: bottom">
    <TD STYLE="line-height: 107%"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B>CUSIP No. 23254L405</FONT></TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD STYLE="text-align: center; line-height: 107%"><FONT STYLE="font-size: 10pt">13D</FONT></TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD STYLE="text-align: right; line-height: 107%"><FONT STYLE="font-size: 10pt">Page 7 of 7 Pages</FONT></TD></TR>
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<P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt; text-align: center"><B>SIGNATURE</B></P>

<P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt; text-align: justify">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>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-bottom: 8pt; text-align: center; line-height: 107%"><FONT STYLE="font-size: 10pt; text-transform: uppercase; line-height: 107%"><B>Eastern Capital Limited</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>
        <P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; text-align: center; margin-right: 0; margin-bottom: 0; margin-left: 0; border-bottom: black 0.75pt solid">07/27/2017</P>
        <P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0.75pt; text-align: center">Date</P></TD></TR>
<TR>
    <TD STYLE="padding-bottom: 8pt; line-height: 107%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>
        <P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; text-align: center; margin-right: 0; margin-bottom: 0; margin-left: 0; border-bottom: black 0.75pt solid">/s/
        Kenneth B. Dart</P>
        <P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0.75pt; text-align: center">Signature</P></TD></TR>
<TR>
    <TD STYLE="padding-bottom: 8pt; line-height: 107%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>
        <P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; text-align: center; margin-right: 0; margin-bottom: 0; margin-left: 0; border-bottom: black 0.75pt solid">Kenneth
        B. Dart, Director</P>
        <P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0.75pt; text-align: center">Name/Title</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-bottom: 8pt; text-align: center; line-height: 107%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-bottom: 8pt; text-align: center; line-height: 107%"><FONT STYLE="font-size: 10pt; text-transform: uppercase; line-height: 107%"><B>Portfolio Services Ltd.</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>
        <P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; text-align: center; margin-right: 0; margin-bottom: 0; margin-left: 0; border-bottom: black 0.75pt solid">07/27/2017</P>
        <P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0.75pt; text-align: center">Date</P></TD></TR>
<TR>
    <TD STYLE="padding-bottom: 8pt; line-height: 107%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>
        <P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; text-align: center; margin-right: 0; margin-bottom: 0; margin-left: 0; border-bottom: black 0.75pt solid">/s/
        Kenneth B. Dart</P>
        <P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0.75pt; text-align: center">Signature</P></TD></TR>
<TR>
    <TD STYLE="padding-bottom: 8pt; line-height: 107%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>
        <P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; text-align: center; margin-right: 0; margin-bottom: 0; margin-left: 0; border-bottom: black 0.75pt solid">Kenneth
        B. Dart, Director</P>
        <P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0.75pt; text-align: center">Name/Title</P></TD></TR>
<TR>
    <TD STYLE="padding-bottom: 8pt; line-height: 107%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-bottom: 8pt; text-align: center; line-height: 107%"><FONT STYLE="font-size: 10pt; text-transform: uppercase; line-height: 107%"><B>Kenneth B. Dart</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>
        <P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; text-align: center; margin-right: 0; margin-bottom: 0; margin-left: 0; border-bottom: black 0.75pt solid">07/27/2017</P>
        <P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0.75pt; text-align: center">Date</P></TD></TR>
<TR>
    <TD STYLE="padding-bottom: 8pt; line-height: 107%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>
        <P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; text-align: center; margin-right: 0; margin-bottom: 0; margin-left: 0; border-bottom: black 0.75pt solid">/s/
        Kenneth B. Dart</P>
        <P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0.75pt; text-align: center">Signature</P></TD></TR>
<TR>
    <TD STYLE="padding-bottom: 8pt; line-height: 107%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>
        <P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; text-align: center; margin-right: 0; margin-bottom: 0; margin-left: 0; border-bottom: black 0.75pt solid">Kenneth
        B. Dart</P>
        <P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0.75pt; text-align: center">Name/Title</P></TD></TR>
<TR>
    <TD STYLE="padding-bottom: 8pt; line-height: 107%">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt; text-align: justify">&nbsp;</P>



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<DOCUMENT>
<TYPE>EX-1
<SEQUENCE>2
<FILENAME>cycc_13dex1.htm
<DESCRIPTION>EXHIBIT 1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 36%; line-height: 107%"><FONT STYLE="font-size: 10pt">CUSIP No. 23254L405</FONT></TD>
    <TD STYLE="width: 1%; line-height: 107%">&nbsp;</TD>
    <TD STYLE="width: 37%; text-align: center; line-height: 107%"><FONT STYLE="font-size: 10pt"><B>EXHIBIT 1</B></FONT></TD>
    <TD STYLE="width: 1%; line-height: 107%">&nbsp;</TD>
    <TD STYLE="width: 25%; line-height: 107%; font-size: 12pt">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt/10.2pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0 2pt; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt/10.2pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0 2pt; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 2.9pt 0 0 2pt; text-align: justify"><B>JOINT FILING AGREEMENT</B></P>

<P STYLE="font: 10pt/11pt Calibri, Helvetica, Sans-Serif; margin: 0.4pt 0 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt/95% Calibri, Helvetica, Sans-Serif; margin: 0 2.9pt 0 2pt; text-align: justify">The undersigned agree to the
joint filing of Schedule 13D (including any and all amendments thereto) with respect to the shares of common stock of Cyclacel
Pharmaceuticals, Inc. The undersigned further agree and acknowledge that each shall be responsible for the timely filing of such
amendments, and for the completeness and accuracy of the information concerning it contained therein, but shall not be responsible
for the completeness and accuracy of the information concerning the other, except to the extent that it knows or has reason to
believe that such information is inaccurate.</P>

<P STYLE="font: 10pt/95% Calibri, Helvetica, Sans-Serif; margin: 0 2.9pt 0 2pt; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 10pt/107% Calibri, Helvetica, Sans-Serif; text-align: center"><FONT STYLE="font-size: 10pt; text-transform: uppercase"><B>Eastern Capital Limited</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>
        <P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center; border-bottom: black 0.75pt solid">07/27/2017</P>
        <P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center">Date</P></TD></TR>
<TR>
    <TD STYLE="font: 10pt/107% Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>
        <P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center; border-bottom: black 0.75pt solid">/s/
        Kenneth B. Dart</P>
        <P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center">Signature</P></TD></TR>
<TR>
    <TD STYLE="font: 10pt/107% Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>
        <P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center; border-bottom: black 0.75pt solid">Kenneth
        B. Dart, Director</P>
        <P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center">Name/Title</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 10pt/107% Calibri, Helvetica, Sans-Serif; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 10pt/107% Calibri, Helvetica, Sans-Serif; text-align: center"><FONT STYLE="font-size: 10pt; text-transform: uppercase"><B>Portfolio Services Ltd.</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>
        <P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid">07/27/2017</P>
        <P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center">Date</P></TD></TR>
<TR>
    <TD STYLE="font: 10pt/107% Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>
        <P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center; border-bottom: black 0.75pt solid">/s/
        Kenneth B. Dart</P>
        <P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center">Signature</P></TD></TR>
<TR>
    <TD STYLE="font: 10pt/107% Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>
        <P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center; border-bottom: black 0.75pt solid">Kenneth
        B. Dart, Director</P>
        <P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center">Name/Title</P></TD></TR>
<TR>
    <TD STYLE="font: 10pt/107% Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 10pt/107% Calibri, Helvetica, Sans-Serif; text-align: center"><FONT STYLE="font-size: 10pt; text-transform: uppercase"><B>Kenneth B. Dart</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>
        <P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid">07/27/2017</P>
        <P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center">Date</P></TD></TR>
<TR>
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    <TD>
        <P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center; border-bottom: black 0.75pt solid">/s/
        Kenneth B. Dart</P>
        <P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center">Signature</P></TD></TR>
<TR>
    <TD STYLE="font: 10pt/107% Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>
        <P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center; border-bottom: black 0.75pt solid">Kenneth
        B. Dart</P>
        <P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center">Name/Title</P></TD></TR>
<TR>
    <TD STYLE="font: 10pt/107% Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
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<DOCUMENT>
<TYPE>EX-2
<SEQUENCE>3
<FILENAME>cycc_13dex2.htm
<DESCRIPTION>EXHIBIT 2
<TEXT>
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<P STYLE="font: 1pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

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    <TD STYLE="width: 36%; line-height: 107%"><FONT STYLE="font-size: 10pt">CUSIP No. 23254L405</FONT></TD>
    <TD STYLE="width: 1%; line-height: 107%">&nbsp;</TD>
    <TD STYLE="width: 41%; text-align: center; line-height: 107%"><FONT STYLE="font-size: 10pt"><B>Exhibit 2</B></FONT></TD>
    <TD STYLE="width: 1%; line-height: 107%">&nbsp;</TD>
    <TD STYLE="width: 21%; line-height: 107%; font-size: 12pt">&nbsp;</TD></TR>
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<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-size: 10pt">Form of Warrant (previously
filed as Exhibit 4.3 to the third Amendment of the Form S-1 filing of the Issuer as filed with the SEC on July 17, 2017 and is
incorporated by reference herein).</FONT><FONT STYLE="font: 12pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

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