FORM N-CSRS
|
CERTIFIED SHAREHOLDER REPORT
|
OF REGISTERED MANAGEMENT
|
INVESTMENT COMPANIES
|
Investment Company Act File Number 811-22299
|
RENN Global Entrepreneurs Fund, Inc.
|
(Exact name of Registrant as specified in charter)
|
8080 N. Central Expressway, Suite 210/LB 59
|
Dallas, Texas 75206
|
(Address of principal executive offices)
|
214-891-8294
|
(Registrant’s telephone number, including area code)
|
Russell Cleveland
|
President and CEO
|
RENN Capital Group, Inc.
|
8080 N. Central Expressway, Suite 210/LB 59
|
Dallas, Texas 75206
|
(Name and address of agent for service of process)
|
214-891-8294
|
(Agent’s telephone number, including area code)
|
Copy to:
|
Steven B. Boehm, Esq.
|
Sutherland Asbill & Brennan LLP
|
1275 Pennsylvania Ave. N.W.
|
Washington, DC 20004-2415
|
Date of fiscal year end: December 31
|
June 30, 2013
|
(Date of reporting period)
|
President’s Letter
|
|
Allocation of Assets
|
1
|
Financial Statements:
|
|
Schedule of Investments
|
2
|
Statement of Assets and Liabilities
|
6
|
Statement of Operations
|
7
|
Statements of Changes in Net Assets
|
8
|
Statement of Cash Flows
|
9
|
Notes to Financial Statements
|
10
|
Director and Officer Compensation
|
19
|
|
Quarterly Reports
|
19
|
|
Proxy Voting Policies and Procedures
|
19
|
|
Portfolio Proxy Voting Records
|
19
|
|
Matters Submitted for Shareholder Votes
|
19
|
|
Board Approval of the Investment Advisory Contract
|
20
|
|
Dividend Reinvestment Plan
|
20
|
|
Industry | % |
Nutraceuticals
|
30.6%
|
U.S. Treasury
|
15.8%
|
Surgical & Medical Instruments & Apparatus
|
12.8%
|
Communication Services |
12.2%
|
Services-Business Services, NEC
|
11.7%
|
Pharmaceutical Preparations
|
9.7%
|
Semiconductors - Non related businesses |
5.9%
|
Crude Petroleum & Natural Gas
|
2.1%
|
Jewelry, Silverware & Plated Ware | 0.8% |
Services-Advertising |
0.7%
|
Biological Products (No Diagnostic Substances)
|
0.2%
|
Other Assets and Liabilities
|
-2.5%
|
100.00%
|
Unaffiliated Investments
|
Shares or
Principal
Amount
|
Company
|
Cost
|
Value (10)
|
||||||
U.S. TREASURY NOTES – 15.82% (5)
|
|||||||||
$2,000,000
|
U.S. Treasury Note Zero Coupon Maturity 8/19/2013 (14)
|
$1,999,913
|
$1,999,873
|
||||||
Total Unaffiliated U.S. Treasury Notes
|
1,999,913 |
1,999,873
|
|||||||
CONVERTIBLE BONDS – 4.65% (5)
|
|||||||||
Business Services, NEC - 2.75%
|
|||||||||
$ 569,000
|
Pipeline Data, Inc. 10% Maturity June 29, 2011 (9) (13)
|
569,000
|
348,087
|
||||||
Semiconductors and Related Devices – 0.00%
|
|||||||||
966,666
|
Dynamic Green Energy Limited 7% Maturity June 10, 2011 (1) (11)
|
966,666
|
-
|
||||||
Crude Petroleum and Natural Gas – 1.90%
|
|||||||||
1,000,000
|
PetroHunter Energy Corporation 8.5% Maturity
|
||||||||
December 31, 2014
|
1,000,000
|
240,000
|
|||||||
Total Unaffiliated Convertible Bonds
|
2,535,666
|
588,087
|
|||||||
COMMON EQUITIES – 33.35% (3) (5)
|
|||||||||
Advertising – 0.74%
|
|||||||||
100,000
|
Tiger Media, Inc.
|
685,598
|
93,000
|
||||||
Biological Products – No Diagnostic Substances – 0.19%
|
|||||||||
1,335,714
|
Hemobiotech
|
1,360,116
|
24,043
|
||||||
Services - Business Services, NEC – 8.95%
|
|||||||||
476,667
|
Global Axcess Corporation
|
630,834
|
26,693
|
||||||
51,300
|
Points International, Ltd.
|
280,440
|
1,104,489
|
||||||
Crude Petroleum and Natural Gas – 0.15%
|
|||||||||
808,445
|
PetroHunter Energy Corporation
|
101,056
|
19,403
|
||||||
Jewelry, Silverware & Plated Ware – 0.78%
|
|||||||||
24,200
|
Charles & Colvard Ltd.
|
99,369
|
98,736
|
||||||
Pharmaceutical Preparations – 9.71%
|
|||||||||
200,000
|
Flamel Technologies
|
1,148,882
|
1,227,600
|
||||||
|
|||||||||
SCHEDULE OF INVESTMENTS
|
Unaffiliated Investments (continued)
|
Shares or
Principal
Amount
|
Company
|
Cost
|
Value (10)
|
|||||
COMMON EQUITIES (continued)
|
||||||||
Surgical & Medical Instruments & Apparatus – 12.83%
|
||||||||
550,000
|
Bovie Medical Corporation
|
$ 1,146,654
|
$1,622,500
|
|||||
Wholesale – Electronic Parts and Equipment NEC – 0.00%
|
||||||||
428,647
|
SinoHub, Inc. (12)
|
1,038,180
|
-
|
|||||
Total Unaffiliated Common Equities
|
6,491,128
|
4,216,464
|
||||||
Total Unaffiliated Investments
|
$11,026,708
|
$6,804,424
|
Based on cost for federal income tax purposes:
|
Aggregate Gross Unrealized Appreciation of all Unaffiliated Securities
|
$ 1,378,613
|
|||
Aggregate Gross Unrealized Depreciation of all Unaffiliated Securities
|
$(5,600,897)
|
|||
Net Unrealized Appreciation/Depreciation of all Unaffiliated Securities |
$(4,222,284)
|
|
||
SCHEDULE OF INVESTMENTS
|
Affiliated Investments
|
Shares or
Principal
Amount
|
Company
|
Cost
|
Value10)
|
|||||
CONVERTIBLE PROMISSORY NOTES – 0.69% (2) (5) (8)
|
||||||||
Semiconductor & Related Devices
|
||||||||
Plures Technologies, Inc. 2% Promissory Note Maturity
|
||||||||
$ 112,501
|
April 25, 2014
|
$ 112,501
|
$ 87,891
|
|||||
Total Affiliated Promissory Notes
|
112,501
|
87,891
|
||||||
OTHER SECURITIES - 14.62% (2 ) (3) (5) (8) | ||||||||
CONVERTIBLE PREFERRED EQUITIES
|
||||||||
Communications Services, NEC – 11.42%
|
||||||||
233,229
|
AnchorFree, Inc. Series A Convertible Preferred (1)
|
419,812
|
1,443,357
|
|||||
Nutraceuticals – 0.03%
|
||||||||
37.5
|
iSatori Technologies, Inc. Series D Preferred
|
75,000
|
3,251
|
|||||
Semiconductor and Related Devices – 3.17%
|
||||||||
625
|
Plures Technologies, Inc. Series A Preferred (4)
|
500,000
|
400,779
|
|||||
Total Affiliated Other Securities
|
994,812
|
1,847,387
|
||||||
COMMON EQUITIES – 31.92% (2) (3) (5) (8)
|
||||||||
Nutraceuticals – 30.57%
|
||||||||
1,113,790
|
iSatori Technologies, Inc.
|
9,056,721
|
3,864,851
|
|||||
Semiconductor and Related Devices – 1.35%
|
||||||||
136,532
|
Plures Technologies, Inc.
|
5,754,700
|
170,666
|
|||||
Total Affiliated Common Equities
|
14,811,421
|
4,035,517
|
||||||
MISCELLANEOUS SECURITIES – 1.42% (2) (3) (5) (8)
|
||||||||
Communications Services,NEC – 0.73%
|
||||||||
AnchorFree, Inc. (1) (7) | ||||||||
15,023
|
Options to buy @ $0.3971
|
92,971
|
92,971
|
|||||
Semiconductor and Related Devices – 0.69%
|
||||||||
Plures Technologies, Inc. (6) | ||||||||
70,313
|
Warrants to buy @ $0.01
|
-
|
87,188
|
|||||
Total Affiliated Miscellaneous Securities
|
92,971
|
180,159
|
||||||
TOTAL AFFILIATED INVESTMENTS
|
16,011,705
|
6,150,954
|
||||||
TOTAL UNAFFILIATED INVESTMENTS
|
11,026,708
|
6,804,424
|
||||||
TOTAL INVESTMENTS |
$27,038,413
|
$12,955,378 | ||||||
OTHER ASSETS AND LIABILITIES (2.47%)
|
|
(312,236)
|
||||||
TOTAL NET ASSETS
|
|
$12,643,142
|
Date(s)
|
Cost at
|
Cost at
|
Value(10)
|
% of
Net
|
|||||
|
Acquired
|
12/31/12
|
6/30/13
|
6/30/13
|
Assets
|
||||
AnchorFree, Inc. (1)
|
|||||||||
Series A Convertible Preferred | 4-15-11 | $ 419,812 | $ 419,812 | $1,443,357 | 11.42% | ||||
Options to buy @ $0.3971 (7) | 6-29-12 | 68,411 | 92,971 | 92,971 | 0.73 | ||||
Plures Technologies, Inc. | |||||||||
Convertible Promissory Note | 10/15/12 | 112,501 | 112,501 | 87,891 | 0.69 | ||||
Plures Technologies, Inc. (4) | |||||||||
Series A Preferred | 5/23/11 | 500,000 | 500,000 |
400,779
|
3.17 | ||||
Plures Technologies, Inc. (4)
|
7/1/98
|
|
|
|
|
||||
Common Equity |
to 5/3/13
|
5,738,972
|
5,754,700
|
170,666
|
1.35
|
||||
Plures Technologies, Inc. (4) | |||||||||
Warrants to buy (6) | 10/15/12 | 0 | 0 | 87,188 | 0.69 | ||||
iSatori Technologies, Inc. | |||||||||
Preferred D Equity | 10/13/99 | 75,000 | 75,000 | 3,251 | 0.03 | ||||
iSatori Technologies, Inc. | 10/2/98 | ||||||||
Common Equity | to 12/31/10 |
9,056,721
|
9,056,721
|
3,864,851 |
30.57
|
||||
Total Restricted and Controlled Affiliated Securities | $15,971,417 | $16,011,705 | $6,150,954 | 48.65% |
(1)
|
Securities in a privately owned company.
|
(2)
|
“Affiliated,” in general, refers to persons owning 5% or more of the issuer or the Fund. Directors and persons owning more than 25% are Affiliated persons listed in the Controlled table. See Footnote (8).
|
(3)
|
Non-Income-Producing.
|
(4)
|
Plures Technologies, Inc. are securities exempt from registration under Rule 144A of the Securities Act of 1933 and may be sold in transactions exempt from registration, normally to qualified institutional buyers. At June 30, 2013 the aggregate value of the restricted common securities was $170,184 representing 1.34% of net assets. The restricted common securities were purchased in numerous transactions between April 10, 2009 and March 31, 2011. At June 30, 2013 the value of the restricted preferred securities was $400,779 representing 3.17% of net assets. The Fund owns 385 shares of Plures Technologies, Inc. which are not restricted but these shares would have to be sold under Rule 144. At June 30, 2013 the aggregate value of the unrestricted securities was $481 representing 0.01% of net assets.
|
(5)
|
Percentage is calculated as a percentage of net assets.
|
(6)
|
These warrants represent the ability to purchase 70,313 shares of common stock of Plures Technologies at $0.01 per share. These warrants expire on October 15, 2016.
|
(7)
|
These options represent the Fund’s ability to purchase 15,023 common shares of AnchorFree Inc. at $0.3971 per share. These options were issued as compensation for Russell Cleveland’s advisory services to the board of directors. These options expire three months after Russell Cleveland ceases to be a service provider.
|
(8)
|
“Controlled” refers to Affiliates who have the power to exercise a controlling influence over the management or policies of a company. A person who owns, directly or indirectly through another controlled company, more than 25 % of the voting securities of a company shall be presumed to control such company. A director is deemed to have control.
|
(9)
|
Security is in default.
|
(10)
|
See Fair Value Measurements. As set forth in Note 5 to the Financials.
|
(11)
|
The Dynamic Green Energy (“DGE”) note is in default. Due to the deteriorated situation at the company, we adjusted the value of the DGE note to zero.
|
(12)
|
SinoHub, Inc was delisted and removed by the SEC.
|
(13)
|
A settlement of litigation was reached on July 2, 2013.
|
(14)
|
Pledged as collateral for a margin loan.
|
ASSETS
|
Assets:
Investments at fair value, cost of $27,038,413
|
$12,955,378
|
||
Cash and cash equivalents
|
1,526,021
|
||
Interest and dividends receivable
|
1,902
|
||
Prepaid and other assets
|
54,113
|
||
Total assets
|
$14,537,414
|
||
LIABILITIES AND NET ASSETS
|
|||
Liabilities:
|
|||
Due to broker – margin
|
$ 1,800,419
|
||
Accounts payable
|
28,319
|
||
Accounts payable – affiliate
|
65,534
|
||
Total liabilities
|
$ 1,894,272
|
||
Net assets:
|
|||
Common Stock, $1 par value, 20,000,000 shares authorized,
|
|||
4,673,867 shares issued, and 4,463,967 shares outstanding
|
$ 4,673,867
|
||
Additional paid in capital
|
23,793,276
|
||
Treasury stock at cost
|
(1,734,967)
|
|
|
Accumulated net realized loss on investments
|
(5,999)
|
|
|
Net unrealized depreciation of investments
|
(14,083,035)
|
|
|
Total net assets
|
$12,643,142
|
||
Net assets value per share
|
$ 2.83
|
Investment income:
|
||||
Interest income – affiliated company
|
$ 1,195
|
|||
Dividend income
|
514
|
|||
Other income – affiliated company
|
40,287
|
|||
41,996
|
||||
Expenses:
|
||||
General and administrative
|
31,629
|
|||
Investor relations
|
23,813
|
|||
Interest expense
|
8,956
|
|||
Legal fees
|
61,242
|
|||
Audit and accounting fees
|
82,151
|
|||
Directors’ fees and expenses
|
46,500
|
|||
Insurance expense
|
30,764
|
|||
Management fee to affiliate
|
111,735
|
|||
396,790
|
||||
Net investment loss
|
(354,794)
|
|||
Realized and unrealized gain (loss) on investments:
|
||||
Net unrealized appreciation of investments
|
2,087,158
|
|||
Net realized loss on investments – unaffiliated companies
|
(362,430)
|
|
||
Net gain on investments
|
1,724,728
|
|||
Net increase in net assets resulting from operations
|
$1,369,934
|
|||
Net increase in net assets resulting from operations per share
|
$ 0.30
|
|||
Weighted average shares outstanding
|
4,463,967
|
|||
Six Months Ended
June 30, 2013
|
Year Ended
December 31, 2012
|
|||||
From operations:
|
||||||
Net investment loss
|
$ (354,794)
|
$ (595,888)
|
||||
Net realized loss on investment
|
(362,430)
|
(1,337,067)
|
||||
Net unrealized appreciation
of investments
|
2,087,158
|
3,704,473
|
||||
Net increase in net assets
|
||||||
resulting from operations
|
1,369,934
|
1,771,518
|
||||
Net assets:
|
||||||
Beginning of period
|
11,273,208
|
9,501,690
|
||||
End of period
|
$12,643,142
|
$ 11,273,208
|
Cash flows from operating activities:
|
||||||
Increase in net assets resulting from operations
|
$ 1,369,934
|
|||||
Adjustments to reconcile increase in net assets to
|
|
|||||
net cash provided by (used in) operating activities:
|
||||||
Net unrealized appreciation
|
||||||
on investments
|
(2,087,158)
|
|
||||
Net realized loss on investments
|
362,430
|
|||||
Increase in interest and dividend receivable
|
(1,006)
|
|
||||
Increase in prepaid and other assets
|
(34,638)
|
|
||||
Increase in accounts payable
|
14,002
|
|||||
Increase in accounts payable-affiliate
|
6,702
|
|||||
Purchase of investments
|
(4,319,397)
|
|
||||
Proceeds from sale of investments
|
4,699,777
|
|||||
Net cash provided by operating activities
|
10,646
|
|||||
Cash flows from financing activities:
|
||||||
Net margin proceeds
|
181
|
|||||
Net cash provided by financing activities
|
181
|
|||||
Net increase in cash and cash equivalents
|
10,827
|
|||||
Cash and cash equivalents at beginning of the period
|
1,515,194
|
|||||
Cash and cash equivalents at end of the period
|
$ 1,526,021
|
|||||
Supplemental cash flow information
|
||||||
Cash paid for interest
|
$ 8,956
|
|||||
Level 1
|
Level 2
|
Level 3
|
Total
|
||||||||
U.S. Treasury Notes
|
|
$ 1,999,873
|
|
$ 0
|
|
$ 0
|
|
$ 1,999,873
|
|||
Convertible Debt
|
0
|
588,087
|
87,891
|
675,978
|
|||||||
Convertible
Preferred Equities
|
0
|
1,446,608
|
400,779
|
1,847,387
|
|||||||
Common stock
|
8,081,315
|
0
|
170,666
|
8,251,981
|
|||||||
Miscellaneous
Securities
|
0
|
92,971
|
87,188
|
180,159
|
|||||||
Total Investments
|
|
$ 10,081,188
|
|
$ 2 ,127,666
|
|
$ 746,524
|
|
$ 12,955,378
|
Level 2
|
||
Beginning balance – December 31, 2012
|
$4,846,090
|
|
Transferred from Level 2 to Level 1
|
(3,868,102)
|
|
Changes in unrealized gain or loss
|
1,149,678
|
|
Ending Balance – June 30, 2013
|
$2,127,666
|
Level 3
|
||
Beginning balance – December 31, 2012
|
$1,562,060
|
|
Transferred from Level 3 to Level 2
|
(348,087)
|
|
Changes in unrealized gain or loss
|
(467,449)
|
|
Ending Balance – June 30, 2013
|
$ 746,524
|
Portfolio Company
Investment
|
Value at
6/30/2013
|
Valuation
Technique
|
Unobservable Input
|
Range
|
Weighted
Average
|
|
Convertible Bond
|
$ 0
|
Cost
|
Equity
|
|||
Approach
|
Deficit
|
$ 0
|
$33,400,000
|
$ 0
|
||
Convertible
Promissory Note
|
$ 87,891
|
Market
Approach
|
OTC price
Private placement
Effect of Dilutive
Securities
|
$0.25
$1.60
0%
|
$2.50
$2.50
30%
|
$1.38
$2.05
22%
|
Convertible
Preferred Stock
|
$400,779
|
Market
Approach
|
OTC price
Private placement
Effect of Dilutive
Securities
|
$0.25
$1.60
0%
|
$2.50
$2.50
30%
|
$1.38
$2.05
22%
|
Common Stock
|
$170,666
|
Market
Approach
|
OTC price
Private placement
Effect of Dilutive
Securities
|
$0.25
$1.60
0%
|
$2.50
$2.50
30%
|
$1.38
$2.05
22%
|
Warrants to Buy
|
$ 87,188
|
Market
Approach
|
OTC price
Private placement
Effect of Dilutive
Securities
|
$0.25
$1.60
0%
|
$2.50
$2.50
30%
|
$1.38
$2.05
22%
|
Common Stock
|
$ 0
|
Market
Approach
|
OTC price
|
$0.005
|
$0.05
|
$0.0149
|
Warrants to Buy
|
$ 0
|
Market
Approach
|
OTC price
|
$0.005
|
$0.05
|
$0.0149
|
Total Level 3
|
$746,524
|
Years Ended December 31,
|
June 30, 2013
|
2012
|
2011
|
2010
|
2009
|
2008
|
||||||||
Net asset value, beginning of
period
|
$2.53
|
$ 2.13
|
$ 2.79
|
$ 4.07
|
$ 4.13
|
$ 8.46
|
|||||||
Net investment loss
|
(0.08
|
)
|
(0.13
|
)
|
(0.18
|
)
|
(0.12
|
)
|
(0.14
|
)
|
(0.17
|
)
|
|
Net realized and unrealized
gain
|
|||||||||||||
(loss) on investments
|
0.38
|
0.53
|
(0.48
|
)
|
(1.16
|
)
|
0.08
|
(3.86
|
)
|
||||
Total return from investment
operations
|
0.30
|
0.40
|
(0.66
|
)
|
(1.28
|
)
|
(0.06
|
)
|
(4.03
|
)
|
|||
Capital share transactions
|
0.00
|
0.00
|
0.00
|
0.00
|
0.00
|
0.00
|
|||||||
Distributions:
|
|||||||||||||
From net realized capital
|
|||||||||||||
gain on investments
|
0.00
|
0.00
|
0.00
|
0.00
|
0.00
|
( 0.30
|
)
|
||||||
Net asset value, end of
period
|
$ 2.83
|
$ 2.53
|
$ 2.13
|
$ 2.79
|
$ 4.07
|
$ 4.13
|
|||||||
Per-share market value, end
of period
|
$ 1.51
|
$ 1.42
|
$ 1.82
|
$ 1.96
|
$ 2.60
|
$ 2.92
|
|||||||
Portfolio turnover rate
|
37.52
|
%
|
32.29
|
%
|
14.46
|
%
|
7.36
|
%
|
8.99
|
%
|
8.26
|
%
|
|
Total investment return
|
|||||||||||||
based on market value: (a)
|
6.34
|
%
|
(21.98
|
)%
|
(7.14
|
)%
|
(24.62
|
)%
|
(10.96
|
)%
|
(47.64
|
)%
|
|
Ratio to average net assets: (b)
|
|||||||||||||
Net investment loss
|
(2.93
|
)%
|
(5.34
|
)%
|
(7.30
|
)%
|
(3.66
|
)%
|
(3.46
|
)%
|
(2.78
|
)%
|
|
Expenses
|
3.28
|
%
|
6.51
|
%
|
5.25
|
%
|
5.47
|
%
|
6.30
|
%
|
4.85
|
%
|
|
(a)
|
Total investment return is calculated by comparing the common stock price on the first day of the period to the price on the last day of the period. The calculation also assumes reinvestment of distributions at actual prices pursuant to the Fund’s dividend reinvestment plan and reflects taxes paid by the Fund for deemed distributions. Total investment return calculated for a period of less than one year is not annualized.
|
(b)
|
Average net assets have been computed based on monthly valuations.
|
Nominee
|
Votes For
|
Votes Withheld
|
|
Russell Cleveland
|
2,488,196 (79%)
|
32,324 (1%)
|
|
Ernest C. Hill
|
2,443,987 (78%)
|
91,086 (3%)
|
|
The Remaining Directors are:
|
Term Expires at Annual Meeting to be Held In
|
||
J. Philip McCormick
|
2014
|
||
Charles C. Pierce
|
2015
|
Votes For
|
Votes Against
|
Votes Abstaining
|
Broker Non-Votes
|
2,571,977 (82%)
|
334,772 (11%)
|
234,896 (8%)
|
0
|
EXHIBIT
|
DESCRIPTION OF EXHIBIT
|
(a)(1)
|
Code of Ethics for Senior Financial Officers – not attached – see Item 2
|
(a)(2)
|
Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, attached as EX-99.CERT.N-CSRS RC
|
(a)(2)
|
Certification of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, attached as EX-99.CERT.N-CSRS KWM
|
(a)(3)
|
Solicitation Made to Purchase Securities - not applicable.
|
(b)
|
Certification of Principal Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, attached as EX-99.906CERT.N-CSRS RC.
|
(b)
|
Certification of Principal Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, attached as EX-99.906CERT.N-CSRS KWM
|
RENN Global Entrepreneurs Fund, Inc.
|
|
By: /s/ Russell Cleveland
|
|
Russell Cleveland
|
|
Chief Executive Officer
|
|
Date: August 14, 2013
|
RENN Global Entrepreneurs Fund, Inc.
|
RENN Global Entrepreneurs Fund, Inc.
|
|
By: /s/ Russell Cleveland
|
By: /s/ Kevin W. McAleer
|
|
Russell Cleveland
|
Kevin W. McAleer
|
|
Chief Executive Officer
|
Acting Chief Financial Officer
|
|
Date: August 14, 2013
|
Date: August 14, 2013
|