UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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OMB APPROVAL
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SCHEDULE 13D
Under the Securities and Exchange Act of 1934
(Amendment No. 5)*
Lantronix, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
516548 10 4
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(CUSIP Number)
Tom Kelleher
11100 Santa Monica Blvd., Suite 800
Los Angeles, CA 90025
(310) 966-1444
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
July 1, 2004
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(Date of Event which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition that is the subject of this Schedule 13D, and is filing
this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the
following box [_].
Note: Schedules filed in paper format shall include a signed original
and five copies of the schedule, including all exhibits. See Rule 13d-7 for
other parties to whom copies are to be sent.
----------
* The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
CUSIP No. 516548 10 4 13D Page 2 of 6 Pages
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
SACC Partners LP; Riley Investment Management LLC; B. Riley & Co., Inc.;
Bryant R. Riley
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X] (b) [_]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
WC, PF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
N/A
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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7 SOLE VOTING POWER
NUMBER OF
331,393
SHARES -----------------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0-
-----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
331,393
PERSON -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
-0-
CUSIP No. 516548 10 4 13D Page 3 of 6 Pages
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
331,393
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.57%
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14 TYPE OF REPORTING PERSON*
PN, IA, BD, IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 516548 10 4 13D Page 4 of 6 Pages
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Item 1. Security and Issuer.
Common Stock of Lantronix, Inc.
15353 Barnanca Parkway
Irvine, California 92618
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Item 2. Identity and Background.
(a) SACC Partners LP (a Delaware limited partnership) Riley Investment
Management LLC (Delaware ltd. liab. co.) B. Riley & Co., Inc.
(Delaware corporation) Bryant R. Riley (individual residing in
California)
(b) 11100 Santa Monica Boulevard, Suite 800
Los Angeles, CA 90025
(c) Mr. Riley owns all of the outstanding shares of B. Riley & Co., Inc.
("BRC"), an NASD member broker-dealer. Mr. Riley also manages and
owns all of the outstanding membership interests of Riley Investment
Management LLC ("RIM"), a California registered investment adviser.
RIM is the investment adviser to and general partner of SACC
Partners LP ("SACC"). They are all located at the address specified
in (b) above.
(d) NONE
(e) NONE
(f) UNITED STATES OF AMERICA
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Item 3. Source and Amount of Funds or Other Consideration.
SACC's purchases were made with SACC partnership funds, BRC's purchases were
made with BRC corporate funds and Mr. Riley's purchases were made with his own
personal funds.
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Item 4. Purpose of Transaction.
SACC, BRC and Mr. Riley acquired the issuer's shares for investment purposes.
CUSIP No. 516548 10 4 13D Page 5 of 6 Pages
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Item 5. Interest in Securities of the Issuer.
(a) SACC owns 288,993 shares of Lantronix's common stock. Because RIM has
sole voting and investment power over SACC's security holdings and Mr. Riley in
his role as the sole manager of RIM controls RIM's voting and investment
decisions, each of SACC, RIM and Mr. Riley may be deemed to have beneficial
ownership of the 288,993 shares held by SACC, representing approximately 0.5% of
Lantronix's common stock.
BRC owns 42,400 shares of Lantronix's common stock. Because Mr. Riley has sole
voting and investment power over BRC's security holdings, both BRC and Mr. Riley
may be deemed to have beneficial ownership of the 42,400 shares of Lantronix's
common stock, representing approximately 0.07% of Lantronix's common stock.
Mr. Riley does not personally own any shares of Lantronix's common stock.
However, as noted above, Mr. Riley may be deemed to beneficially own a total of
331,393 shares of Lantronix common stock 0.57% through his relationships with
SACC, RIM and BRC.
(b) With respect to all of the shares that he holds and that are held by
each of SACC and BRC, Mr. Riley has sole power to vote and dispose or direct the
disposition of the shares.
(c) Please see Exhibit A for BRC's transactions in Lantronix's shares in
the sixty (60) days preceding the date of this filing.
(d) None
(e) February 13, 2004
CUSIP No. 516548 10 4 13D Page 6 of 6 Pages
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Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer.
The relationships between Mr. Riley, SACC, RIM and BRC are described above under
Item 2(c) above. There is no written agreement among the reporting parties
regarding Lantronix's shares.
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Item 7. Material to be Filed as Exhibits.
There are no written agreements amongst the parties relating to the filing of
this joint acquisition statement, nor are there any written agreements,
contracts, arrangements, understandings, plans or proposals relating to (1) the
borrowing of funds to finance the acquisition of shares, (2) the acquisition of
issuer control, liquidation, sale of assets, merger, or change in business or
corporate structure or any matter disclosed under Item 4, or (3) the transfer or
voting of securities, finder's fees, joint ventures, options, puts, calls,
guarantees of loans, guarantees against loss or of profits, or the giving or
withholding of any proxy.
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: July 1, 2004
SACC PARTNERS LP
By: Riley Investment Management LLC,
its General Partner
By: /s/ Bryant R. Riley
-----------------------------
Bryant R. Riley,
President
RILEY INVESTMENT MANAGEMENT LLC
By: /s/ Bryant R. Riley
--------------------------------------
Bryant R. Riley, President
B. RILEY & CO., INC.
By: /s/ Bryant R. Riley
--------------------------------------
Bryant R. Riley, President
/s/ Bryant R. Riley
-----------------------------------------
Bryant R. Riley
Attention. Intentional misstatements or omissions of fact constitute federal
criminal violations (see 18 U.S.C. 1001).
EXHIBIT A
Transaction Reports Required Per Item 5(c)
------------------------------- ------------------- --------------------- ----------------------- -----------------------
REPORTING PARTY DATE # OF SHARES PRICE/SHARE (USD) TYPE AND MANNER
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/7/2004 3000 1.62 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/11/2004 5100 1.3661 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 35400 1.3631 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 9200 1.4058 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/14/2004 19700 1.3519 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/18/2004 6 1.25 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/24/2004 25000 1.2105 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/27/2004 13200 1.28 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/2/2004 20000 1.35 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/7/2004 11900 1.38 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/7/2004 2500 1.39 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/7/2004 13800 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/8/2004 34607 1.33 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/9/2004 15000 1.4184 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/10/2004 4200 1.45 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/15/2004 28 1.41 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/28/2004 23200 1.3006 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/30/2004 100 1.27 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/30/2004 600 1.27 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/7/2004 -200 1.62 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/7/2004 -1300 1.62 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/7/2004 -200 1.62 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/7/2004 -1300 1.62 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/11/2004 -2000 1.36 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/11/2004 -100 1.37 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/11/2004 -200 1.37 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/11/2004 -2800 1.37 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -100 1.36 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -8600 1.36 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -1500 1.36 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -400 1.36 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -4000 1.36 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -50 1.36 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -100 1.36 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -100 1.36 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -50 1.36 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -100 1.38 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -100 1.38 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -26 1.38 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -300 1.36 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -300 1.36 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -600 1.36 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -100 1.36 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
A-1
------------------------------- ------------------- --------------------- ----------------------- -----------------------
REPORTING PARTY DATE # OF SHARES PRICE/SHARE (USD) TYPE AND MANNER
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -200 1.36 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -200 1.36 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -300 1.36 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -300 1.36 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -100 1.36 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -200 1.36 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -100 1.36 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -100 1.36 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -200 1.36 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -200 1.36 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -100 1.36 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -200 1.36 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -2600 1.36 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -300 1.36 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -500 1.36 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -300 1.36 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -200 1.36 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -300 1.36 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -300 1.36 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -100 1.36 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -300 1.36 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -6600 1.36 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -74 1.38 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -226 1.38 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -300 1.38 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -500 1.38 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -300 1.38 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -300 1.38 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/12/2004 -3600 1.38 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -300 1.43 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -700 1.42 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -150 1.41 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -200 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -300 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -1000 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -100 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -200 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -100 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -200 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -100 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -100 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -200 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -100 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -100 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -100 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -200 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -100 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -100 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -200 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -100 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -100 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -100 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -200 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -100 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -730 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -100 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -100 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
A-2
------------------------------- ------------------- --------------------- ----------------------- -----------------------
REPORTING PARTY DATE # OF SHARES PRICE/SHARE (USD) TYPE AND MANNER
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -100 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -200 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -100 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -300 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -200 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -100 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -100 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -200 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -100 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -100 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -100 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -100 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -100 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -100 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -100 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -100 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/13/2004 -1000 1.43 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/14/2004 -900 1.36 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/14/2004 -2800 1.36 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/14/2004 -11300 1.35 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/14/2004 -4700 1.35 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/24/2004 -100 1.2 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/24/2004 -300 1.2 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/24/2004 -4900 1.2 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/24/2004 -100 1.2 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/24/2004 -4000 1.2 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/24/2004 -4700 1.21 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/24/2004 -300 1.21 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/24/2004 -300 1.22 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/24/2004 -300 1.22 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/24/2004 -300 1.22 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/24/2004 -3400 1.22 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/24/2004 -300 1.22 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/24/2004 -300 1.22 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/24/2004 -4700 1.22 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/24/2004 -300 1.22 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/24/2004 -400 1.22 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/24/2004 -300 1.22 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/27/2004 -500 1.28 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/27/2004 -300 1.28 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/27/2004 -100 1.28 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/27/2004 -1000 1.28 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/27/2004 -5000 1.28 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/27/2004 -1000 1.28 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/27/2004 -100 1.28 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/27/2004 -300 1.28 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/27/2004 -300 1.28 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/27/2004 -3700 1.28 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/27/2004 -300 1.28 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/27/2004 -300 1.28 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 5/27/2004 -300 1.28 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/2/2004 -20000 1.35 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
A-3
------------------------------- ------------------- --------------------- ----------------------- -----------------------
REPORTING PARTY DATE # OF SHARES PRICE/SHARE (USD) TYPE AND MANNER
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/7/2004 -28241 1.4 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/8/2004 -7407 1.35 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/8/2004 -100 1.35 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/8/2004 -2500 1.35 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/8/2004 -5000 1.35 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/8/2004 -2593 1.35 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/8/2004 -100 1.35 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/8/2004 -2407 1.35 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/8/2004 -4993 1.35 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/8/2004 -9507 1.35 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/8/2004 -1000 1.35 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/8/2004 -300 1.36 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/8/2004 -200 1.35 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/9/2004 -1950 1.5 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/9/2004 -37 1.44 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/9/2004 -1000 1.44 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/9/2004 -6900 1.44 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/10/2004 -300 1.45 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/10/2004 -300 1.45 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/10/2004 -1300 1.45 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/10/2004 -300 1.45 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/10/2004 -4100 1.45 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/10/2004 -300 1.45 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/10/2004 -400 1.45 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/10/2004 -200 1.45 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/10/2004 -100 1.45 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/10/2004 -500 1.45 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/23/2004 -10000 1.33 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/25/2004 -700 1.3 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/25/2004 -300 1.33 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/25/2004 -300 1.33 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/25/2004 -200 1.33 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/28/2004 -3800 1.32 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/28/2004 -100 1.31 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/28/2004 -4800 1.31 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/28/2004 -100 1.31 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/28/2004 -1000 1.31 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/28/2004 -900 1.31 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/28/2004 -1000 1.31 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/28/2004 -300 1.34 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/28/2004 -100 1.34 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
B. Riley & Co. 6/28/2004 -300 1.34 Brokered
------------------------------- ------------------- --------------------- ----------------------- -----------------------
A-4