CUSIP
No.
59163F105
|
13D
|
|||||
1
|
NAMES
OF REPORTING PERSONS
I.R.S.
IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Strategic
Turnaround Equity Partners, L.P.
(Cayman)
98-0498777
|
|||||
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A
GROUP*
(a)
(b)
X
|
|||||
3
|
SEC
USE ONLY
|
|||||
4
|
SOURCE
OF FUNDS *
WC
|
|||||
CHECK
BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM
2(d)
or 2(e)
o |
||||||
6
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
Cayman
Islands
|
|||||
NUMBER
OF
SHARES
|
7
|
SOLE
VOTING
POWER
0
|
||||
BENEFICIALLY
OWNED
BY
|
8
|
SHARED
VOTING
POWER
571,423
|
||||
EACH
REPORTING
|
9
|
SOLE
DISPOSITIVE
POWER
0
|
||||
PERSON
WITH
|
10
|
SHARED
DISPOSITIVE
POWER
571,423
|
||||
11
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
571,423
(1)
|
|||||
12
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
o
|
|||||
13
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW 11
9.17%%
(1)
|
|||||
14
|
TYPE
OF REPORTING PERSON
PN
|
(1) |
On
the basis of 6,233,326
shares of Common Stock reported by the Company to be issued and
outstanding as of November 10, 2006 in the Company’s latest Quarterly
Report on Form 10-Q, as filed with the Securities and Exchange Commission
on November 14, 2006.
|
CUSIP
No.
59163F105
|
13D
|
|||||
1
|
NAMES
OF REPORTING PERSONS
I.R.S.
IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Galloway
Capital Management LLC 90-0000838
|
|||||
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b)
X
|
|||||
3
|
SEC
USE ONLY
|
|||||
4
|
SOURCE
OF FUNDS *
N/A
|
|||||
CHECK
BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) or 2 (e)
o
|
||||||
6
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
Delaware
|
|||||
NUMBER
OF
SHARES
|
7
|
SOLE
VOTING
POWER
0
|
||||
BENEFICIALLY
OWNED
BY
|
8
|
SHARED
VOTING
POWER
571,423
|
||||
EACH
REPORTING
|
9
|
SOLE
DISPOSITIVE
POWER
0
|
||||
PERSON
WITH
|
10
|
SHARED
DISPOSITIVE
POWER 571,423
|
||||
11
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
(1)
|
|||||
12
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
o
|
|||||
13
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW 11
9.17%%
(1)
|
|||||
14
|
TYPE
OF REPORTING PERSON
OO
|
(1) |
On
the basis of 6,233,326
shares of Common Stock reported by the Company to be issued and
outstanding as of November 10, 2006 in the Company’s latest Quarterly
Report on Form 10-Q, as filed with the Securities and Exchange Commission
on November 14, 2006.
|
CUSIP
No. 59163F105
|
13D
|
|||||
1
|
NAMES
OF REPORTING PERSONS
I.R.S.
IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Gary
L. Herman N/A
|
|||||
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b)
X
|
|||||
3
|
SEC
USE ONLY
|
|||||
4
|
SOURCE
OF FUNDS *
PF
|
|||||
CHECK
BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) or 2 (e)
o
|
||||||
6
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
United
States
|
|||||
NUMBER
OF
SHARES
|
7
|
SOLE
VOTING
POWER 11,289(1)
|
||||
BENEFICIALLY
OWNED
BY
|
8
|
SHARED
VOTING
POWER 571,423
|
||||
EACH
REPORTING
|
9
|
SOLE
DISPOSITIVE
POWER 11,289(1)
|
||||
PERSON
WITH
|
10
|
SHARED
DISPOSITIVE
POWER
571,423
|
||||
11
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
582,712
(1)
|
|||||
12
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
o
|
|||||
13
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW 11
9.35%%
(2)
|
|||||
14
|
TYPE
OF REPORTING PERSON
IN
|
(1) |
Of
the 11,289 total shares of Common Stock, 4,289 shares of common stock
are
held by the Gary Herman, IRA, 2,500 shares are held individually,
and
4,500 shares are held by FBR, Inc. (“FBR”) for which Mr. Herman is the
sole owner and serves as an
officer.
|
(2)
|
On
the basis of 6,233,326
shares of Common Stock reported by the Company to be issued and
outstanding as of November 10, 2006 in the Company’s latest Quarterly
Report on Form 10-Q, as filed with the Securities and Exchange Commission
on November 14, 2006.
|
CUSIP
No. 59163F105
|
13D
|
|||||
1
|
NAMES
OF REPORTING PERSONS
I.R.S.
IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Bruce
Galloway N/A
|
|||||
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b)
X
|
|||||
3
|
SEC
USE ONLY
|
|||||
4
|
SOURCE
OF FUNDS *
PF
|
|||||
CHECK
BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2 (e)
o
|
||||||
6
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
United
States
|
|||||
NUMBER
OF
SHARES
|
7
|
SOLE
VOTING
POWER 148,605(1)
|
||||
BENEFICIALLY
OWNED
BY
|
8
|
SHARED
VOTING
POWER
571,423
|
||||
EACH
REPORTING
|
9
|
SOLE
DISPOSITIVE
POWER
148,605
(1)
|
||||
PERSON
WITH
|
10
|
SHARED
DISPOSITIVE
POWER
571,423
|
||||
11
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
720,028
(1)
|
|||||
12
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
o
|
|||||
13
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW 11
11.55%%
(2)
|
|||||
14
|
TYPE
OF REPORTING PERSON
IN
|
(1) |
Of
the 148,605 total shares of common stock, 94,100 shares of common
stock
are held by Jacombs Investments, Ltd. (“Jacombs”) for which Mr. Galloway
has the power to vote and dispose the shares, 36,105 shares are held
by
Mr. Galloway, individually, and 18,400 shares are held by RexonGalloway
Capital Growth, LLC for which Mr. Galloway retains full investment
and
voting discretion.
|
(2) |
On
the basis of 6,233,326
shares of Common Stock reported by the Company to be issued and
outstanding as of November 10, 2006 in the Company’s latest Quarterly
Report on Form 10-Q, as filed with the Securities and Exchange Commission
on November 14, 2006.
|
Strategic
Turnaround Equity Partners, L.P. (Cayman)
|
Cayman Islands
limited partnership
|
|
General
Partner - Galloway Capital Management LLC
|
Galloway
Capital Management LLC
|
Delaware
limited liability company
|
|
Managing
Member - Gary L. Herman
|
|
Managing
Member - Bruce Galloway
|
Bruce
Galloway
|
Citizenship
- United States
|
|
Managing
Member - Galloway Capital Management LLC
|
|
Managing
Member - Strategic Turnaround Equity Partners, L.P.
(Cayman)
|
Gary
L. Herman
|
Citizenship
- United States
|
|
Managing
Member - Galloway Capital Management LLC
|
|
Managing
Member - Strategic Turnaround Equity Partners, L.P.
(Cayman)
|
Date
|
Number
of Shares Acquired
|
Price
Per Share
|
1/03/07
|
6,509
|
2.4691
|
1/04/07
|
30,000
|
2.546
|
1/18/07
|
10,246
|
2.27330
|
1/23/07
|
22,400
|
2.1589
|
1/31/07
|
9,479
|
2.24
|
2/05/07
|
10,000
|
2.15
|
2/14/07
|
30,000
|
2.01
|
2/15/07
|
36,000
|
2.0011
|
2/16/07
|
3,000
|
2.1655
|
2/22/07
|
31,976
|
2.1822
|
3/01/07
|
11,479
|
2.0535
|
Date
|
Number
of Shares Transferred
|
Price
Per Share
|
1/05/07
|
19,500
|
Transfer
-
|
2/01/07
|
4,000
|
Transfer
--
|
Date
|
Number
of Shares Acquired
|
Price
Per Share
|
2/20/07
|
5,900
|
2.1811
|
Date
|
Number
of Shares Acquired
|
Price
Per Share
|
1/04/07
|
2,500
|
2.54
|
Strategic
Turnaround Equity Partners, L.P. (Cayman)
|
|
March
14, 2007
|
By:
/s/
Gary Herman
|
|
Name:
Gary Herman
|
|
Title:
Managing Member of Galloway Capital Management LLC, the General Partner
of
Strategic Turnaround Equity Partners, L.P. (Cayman)
|
|
Galloway
Capital Management, LLC
|
March
14, 2007
|
By:
/s/
Bruce Galloway
|
|
Name:
Bruce Galloway
|
|
Title:
Managing Member
|
|
Gary
L. Herman
|
March
14, 2007
|
/s/
Gary L. Herman
|
|
Bruce
Galloway
|
March
14, 2007
|
/s/
Bruce Galloway
|