UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
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. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
DESON SEAN 40 WALL STREET, 58TH FLOOR NEW YORK, NY 10005 |
 X |  |  |  |
/s/ Sean Deson | 03/16/2007 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Mr. Deson is a Managing Director of Baytree Capital Associates, LLC, which is controlled by Michael Gardner, one of Broadcaster's majority shareholders. Because Mr. Deson does not have the power to vote or dispose of the 3,900,000 shares of Broadcaster held by Baytree Capital Associates, LLC, he is not a beneficial owner of any shares of Broadcaster beneficially owned by Baytree. |
(2) | Held by Treeline Investment Partners, LP. Mr Deson is the Managing Member of Treeline Management, LLC, which is the Managing Partner of Treeline Investment Partners, LP. |