Filing Details

Accession Number:
0001325533-10-000042
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-11-17 15:52:45
Reporting Period:
2010-11-15
Filing Date:
2010-11-17
Accepted Time:
2010-11-17 15:52:45
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1341470 Banks.com Inc. BNX Services-Computer Programming, Data Processing, Etc. (7370) 593234205
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1325533 Red Oak Partners, Llc 654 Broadway
Suite 5
New York NY 10012
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2010-11-15 9,942 $0.33 3,336,695 No 4 S Indirect By The Red Oak Fund, LP
Common Stock Disposition 2010-11-16 126,900 $0.19 3,209,795 No 4 S Indirect By The Red Oak Fund, LP
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By The Red Oak Fund, LP
No 4 S Indirect By The Red Oak Fund, LP
Footnotes
  1. Red Oak Partners, LLC (the "General Partner") serves as the general partner of The Red Oak Fund, LP, a Delaware limited partnership (the "Fund"), the direct owner of the subject securities. David Sandberg is the managing member of the General Partner and the Fund's portfolio manager.
  2. Red Oak Partners, LLC (the "General Partner") serves as a general partner of Pinnacle Fund LLLP, a Colorado limited liability limited partnership ("Pinnacle"), the direct owner of the subject securities. David Sandberg is a limited partner of Pinnacle, the managing member of the General Partner and an investment advisor to Pinnacle.
  3. Each Reporting Person disclaims beneficial ownership of all securities reported herein, except to the extent of their pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the shares for purposes of Section 16 of the Securities and Exchange Act of 1934 or for any other purpose.