Filing Details

Accession Number:
0001144204-10-028612
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-05-17 13:00:00
Reporting Period:
2010-05-13
Filing Date:
2010-05-17
Accepted Time:
2010-05-17 21:26:02
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
832488 Aftersoft Group ASFG Services-Prepackaged Software (7372) 841108035
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
899083 Wynnefield Partners Small Cap Value Lp 450 Seventh Avenue
Suite 509
New York NY 10123
No No Yes No
1017043 Nelson Obus 450 Seventh Avenue
Suite 509
New York NY 10123
No No Yes No
1030806 Ltd Fund Offshore Value Cap Small Wynnefield 450 Seventh Ave
Ste 509
New York NY 10123
No No Yes No
1056835 Wynnefield Capital Management Llc 450 Seventh Ave
Ste 509
New York NY 10123
No No Yes No
1251565 Wynnefield Partners Small Cap Value Lp I 450 Seventh Avenue
Suite 509
New York NY 10123
No No Yes No
1251567 Wynnefield Capital Inc 450 Seventh Avenue
Suite 509
New York NY 10123
No No Yes No
1251568 Joshua Landes 450 Seventh Avenue
Suite 509
New York NY 10123
No No Yes No
1273617 P L Ii Partnership Channel 450 Seventh Avenue
Suite 509
New York NY 10123
No No Yes No
1289453 Wynnefield Capital, Inc. Profit Sharing Plan 450 Seventh Avenue
Suite 509
New York NY 10123
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 Acquisiton 2010-05-13 37,400 $0.08 3,102,885 No 4 P Direct
Common Stock Acquisiton 2010-05-13 49,600 $0.08 7,726,594 No 4 P Indirect See Footnotes
Common Stock Acquisiton 2010-05-13 31,484 $0.08 7,726,594 No 4 P Indirect See Notes
Common Stock Acquisiton 2010-05-17 25,000 $0.08 7,726,594 No 4 P Indirect See Notes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Indirect See Footnotes
No 4 P Indirect See Notes
No 4 P Indirect See Notes
Footnotes
  1. This Form 4 is being filed jointly by Wynnefield Partners Small Cap Value, L.P. ("Partners"), Wynnefield Partners Small Cap Value, L.P. I ("Partners I"), Wynnefield Small Cap Value Offshore Fund, Ltd. ("Offshore"), Channel Partnership II, L.P. ("Channel"), Wynnefield Capital Inc. Profit Sharing Plan (the "Plan"), Wynnefield Capital Management, LLC ("WCM"), Wynnefield Capital, Inc. ("WCI"), Nelson Obus and Joshua Landes (each, a "Reporting Owner"), as members of a group under Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Each of the Reporting Owners maintains an office at the same address. Each of the Reporting Owners identified in this statement disclaims beneficial ownership of the securities described in this statement, except to the extent of their individual respective pecuniary interest in such securities.
  2. Purchased by Partners.
  3. As of May 13, 2010, Partners directly beneficially owns 3,102,885 shares of common stock, $0.01 par value per share ("Common Stock") of Aftersoft Group, Inc. (the "Issuer") and warrants to purchase 833,334 shares of Common Stock. WCM, as the sole general partner of Partners, has an indirect beneficial ownership interest in the shares of Common Stock that Partners directly beneficially owns. Nelson Obus and Joshua Landes, as co-managing members of WCM, have an indirect beneficial ownership interest in the shares of Common Stock that Partners directly beneficially owns.
  4. Purchased by Partners I.
  5. As of May 17, 2010, Partners has an indirect beneficial ownership interest in 2,525,615 shares of Common Stock and warrants to purchase 833,334 shares of Common Stock which are directly beneficially owned by Partners I. WCM, as the sole general partner of Partners I, has an indirect beneficial ownership interest in the shares of Common Stock that Partners I directly beneficially owns. Nelson Obus and Joshua Landes, as co-managing members of WCM, have an indirect beneficial ownership interest in the shares of Common Stock that Partners I directly beneficially owns.
  6. Purchased by Offshore.
  7. As of May 13, 2010, Partners has an indirect beneficial ownership interest in 4,559,115 shares of Common Stock and warrants to purchase 833,334 shares of Common Stock, which are directly beneficially owned by Offshore. WCI, as the sole investment manager of Offshore, has an indirect beneficial ownership interest in the shares of Common Stock that Offshore directly beneficially owns. Nelson Obus and Joshua Landes, as principal executive officers of WCI, have an indirect beneficial ownership interest in the shares of Common Stock that Offshore directly beneficially owns.
  8. As of May 13, 2010, Partners has an indirect beneficial ownership interest in 16,864 shares of Common Stock directly beneficially owned by the Plan. As the portfolio manager of the Plan, Nelson Obus has the power to vote and dispose of the Plan's investments in securities and has an indirect beneficial ownership interest in the shares of Common Stock that the Plan directly beneficially owns.
  9. As of May 13, 2010, Partners has an indirect beneficial ownership interest in 625,000 shares of Common Stock and warrants to purchase 625,000 shares of Common Stock, which are directly beneficially owned by Channel. Nelson Obus, as the sole general partner of Channel, has an indirect beneficial ownership interest in the shares of Common Stock that Channel directly beneficially owns.