| 1 |
NAMES OF REPORTING PERSONS:
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES
ONLY):
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Centurion Credit Resources
LLC
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| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(SEE INSTRUCTIONS): |
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(a) o
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(b) o
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| 3 | SEC USE ONLY: | ||||
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION: | ||||
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Delaware
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| 5 | SOLE VOTING POWER: | ||||
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NUMBER
OF
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2,741,512
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SHARES
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6 | SHARED VOTING POWER: | |||
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BENEFICIALLY
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OWNED
BY
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0
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EACH
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7 | SOLE DISPOSITIVE POWER: | |||
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REPORTING
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PERSON
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2,741,512
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WITH:
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8 | SHARED DISPOSITIVE POWER: | |||
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0
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| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: | ||||
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2,741,512
shares of common stock. See Item 4.
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| 10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS): | ||||
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x
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| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): | ||||
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9.99%
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| 12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS): | ||||
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OO
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Item
1(a)
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Name of
Issuer:
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Item
1(b)
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Address of Issuer’s Principal
Executive Offices:
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2660
Townsgate Road, Suite 300
Westlake
Village, CA 91361
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Item
2(a)
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Name of Person
Filing:
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Item
2(b)
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Address of Principal Business
Office or, if None, Residence:
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152
West 57th
Street, 54th
Floor
New
York, NY 10019
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Item
2(c)
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Citizenship:
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Delaware
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Item
2(d)
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Title of Class of
Securities:
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Common
Stock, par value $0.001 per share
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Item
2(e)
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CUSIP
Number:
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45776H 20
8
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Item
3.
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If this statement is filed
pursuant to §§240.13d-1(b) or (c), check whether the person filing is a:
N/A
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(a)
o Broker or
dealer registered under Section 15 of the Exchange Act.
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(b)
o Bank as
defined in section 3(a)(6) of the Exchange Act.
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(c)
o Insurance
company as defined in section 3(a)(19) of the Exchange
Act.
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(d)
o Investment
company registered under section 8 of the Investment Company Act of
1940.
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(e)
o An
investment adviser in accordance with Rule
13d-1(b)(1)(ii)(E).
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(f)
o An employee
benefit plan or endowment fund in accordance with Rule
13d-1(b)(1)(ii)(F).
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(g)
o A parent
holding company or control person in accordance with Rule
13d-1(b)(1)(ii)(G).
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(h)
o A savings
association as defined in Section 3(b) of the Federal Deposit Insurance
Act.
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(i)
o A church
plan that is excluded from the definition of an investment company under
section 3(c)(14) of the Investment Company Act of 1940.
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(j)
o Group, in
accordance with Rule 13d-1(b)(1)(ii)(J).
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Item
4.
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Ownership.
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(a)
Amount Beneficially Owned:
2,741,512
shares of common stock
The
number of shares beneficially owned constitutes 2,741,512 shares of common
stock. The number of shares beneficially owned excludes
10,590,000 shares of common stock issuable upon conversion of 211,800
shares of Series E Convertible Preferred Stock (the “Preferred
Stock”). The Certificate of Designation of the Preferred Stock
provides that the holder of shares of the Preferred Stock may not convert
any of the preferred stock to the extent that such conversion would result
in the holder and its affiliates together beneficially owning more than
9.99% of the outstanding shares of common stock, except on 61 days’ prior
written notice to the issuer that the holder waives such
limitation.
(b)
Percent of class: 9.99%
(c)
Number of shares as to which such person has:
(i) Sole
power to vote or to direct the vote: 2,741,512
(ii) Shared
power to vote or to direct the vote: 0
(iii) Sole
power to dispose or to direct the disposition of: 2,741,512
(iv) Shared
power to dispose or to direct the disposition of: 0
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Item
5.
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Ownership of Five Percent or
Less of a Class.
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If
this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more
than five percent of the class of securities, check the following o.
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Item
6.
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Ownership of More than Five
Percent on Behalf of Another Person.
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If
any other 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,
such securities, a statement to that effect should be included in response
to this item and, if such interest relates to more than five percent of
the class, such person should be identified. A listing of the shareholders
of an investment company registered under the Investment Company Act of
1940 or the beneficiaries of employee benefit plan, pension fund or
endowment fund is not required. N/A
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Item
7.
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Identification and
Classification of the Subsidiary Which Acquired the Security Being
Reported on by the Parent Holding Company or Control
Person.
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If
a parent holding company or control person has filed this schedule,
pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and
attach an exhibit stating the identity and the Item 3 classification of
the relevant subsidiary. If a parent holding company or control person has
filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an
exhibit stating the identification of the relevant
subsidiary. N/A
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Item
8.
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Identification and
Classification of Members of the Group.
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If
a group has filed this schedule pursuant to Rule 13d-1(b)(1)(ii)(J), so
indicate under Item 3(j) and attach an exhibit stating the identity and
Item 3 classification of each member of the group. If a group has filed
this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an
exhibit stating the identity of each member of the group. N/A
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Item
9.
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Notice of Dissolution of
Group.
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Notice
of dissolution of a group may be furnished as an exhibit stating the date
of the dissolution and that all further filings with respect to
transactions in the security reported on will be filed, if required, by
members of the group, in their individual capacity. N/A
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Item
10.
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Certification.
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By
signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were not acquired and are not held for the
purpose of or with the effect of changing or influencing the control of
the issuer of the securities and were not acquired and are not held in
connection with or as a participant in any transaction having that purpose
or effect.
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