www.sec.gov/Archives/edgar/data/1127842/0001354488-08-0 -
[Cached Version]
Published on: 5/19/2008
Last Visited: 5/20/2008
The terms of Manuel Graiwer, Philip Sobol, James Kuo, H. David Coherd, Steven Dinh, Shepard Goldberg, and Alan Tuchman will expire at the 2008 Annual Meeting.
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Philip A. Sobol, M.D., 54
Dr. Sobol has served as a Director of the Company since July, 2007.Dr. Sobol is a practicing orthopedic surgeon who is the managing director of Sobol Orthopedic Medical Group, Inc., of Southern California since 1993.Dr. Sobol is certified by the American Board of Orthopedic Surgery and a Fellow of the American Academy of Orthopedic Surgery.Since 2004 he has been a member of S&B Surgery Center Board of Directors.From 1984 until 1993 he was an Assistant Clinical Professor at the University of Southern California.
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One of the investors in the private placement of securities on August 24, 2007 was a member of the Company's board of directors, Dr. Philip Sobol, who purchased $50,000 of the units on the same terms as the other investors.In November, 2007, Dr. Sobol converted his notes according to their original terms to 10% convertible notes with warrants, on the same terms as the convertible secured notes sold in September, 2007.
During September, 2007, two members of our board of directors, Manuel Graiwer and Dr. Philip Sobol, were each awarded 200,000 five-year warrants at an exercise price of $0.50 for their services in connection with raising capital.