CUSIP No. 801077 10 8 |
Page
2 of
5
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1
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NAME
OF REPORTING PERSON
S.S. OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
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Global
Telesat Corp.
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2
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CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a)
(b)
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3
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SEC
USE ONLY
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4
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SOURCE
OF FUNDS
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WC
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5
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CHECK
BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d)
or 2(e)
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o
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6
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CITIZENSHIP
OR PLACE OF ORGANIZATION
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Virginia
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7
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SOLE
VOTING POWER
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9,619,048
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8
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SHARED
VOTING POWER
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N/A
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9
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SOLE
DISPOSITIVE POWER
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9,619,048
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NUMBER
OF SHARES
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10
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SHARED
DISPOSITIVE POWER
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BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
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N/A
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11
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AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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9,619,048
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12
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CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES
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o
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13
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PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
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4.6%
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14
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TYPE
OF REPORTING PERSON
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CO
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(a)
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Global
Telesat Corp. and Global Telesat Services Corp., an affiliated entity, own
an aggregate of 9,619,048 shares of Sanswire Corp.’s common stock
representing approximately 4.6% of the approximately 210,000,000 shares of
common stock of Sanswire Corp. which were outstanding as of May 30,
2009.
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(b)
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Of
the 9,619,048 shares of the common stock of Sanswire Corp. referred to in
subparagraph (a) above, Global Telesat Corp. has the sole power to vote
and the sole power to direct the vote of 3,785,713 of such shares and
Global Telesat Services Corp., an affiliated entity, has the sole power to
vote and/or the sole power to direct the vote of 5,833,335 of such
shares.
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(c)
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Global
Telesat Corp. purchased 476,190 shares of the common stock of Sanswire
Corp. for $50,000 in September 2008 directly from Sanswire
Corp. pursuant to a Subscription Agreement between such
parties.
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(d)
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N/A
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(e)
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N/A
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Dated: March
18, 2010
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GLOBAL
TELESAT CORP.
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By:
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/s/
David R. Phipps
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David
R. Phipps,
President
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