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Filing Details

Accession Number:: 0001181431-10-032144
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2010-06-08 13:00:00
Reporting Period:: 2010-06-04

Filing Date:: 2010-06-08
Accepted Time:: 2010-06-08 19:07:01
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1094058	Ediets Com Inc	DIET	Services-Personal Services (7200)	560952883

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1295313	Ii A Kevin Richardson	200 State Street 13Th Floor Boston MA 02109		Yes	No	Yes	No
1295315	Prides Capital Partners, Llc	200 State Street 13Th Floor Boston MA 02109		Yes	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, $0.001 Par Value	Acquisiton	2010-06-04	22,088,981	$0.00	37,181,980	No	4	J	Indirect	See Footnote
Common Stock, $0.001 Par Value	Acquisiton	2010-06-04	506,027	$0.00	1,253,981	No	4	J	Direct
Common Stock, $0.001 Par Value	Acquisiton	2010-05-20	200,000	$1.00	1,453,981	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	J	Indirect	See Footnote
No	4	J	Direct
No	4	P	Direct

Footnotes

The 22,088,981 shares of Common Stock were issued in connection with the Prides Debt Conversion as previously defined in the Schedule 13D/A Amendment No. 11 as filed by the Reporting Persons with the SEC on April 22, 2010. The Prides Debt Conversion closed on June 4, 2010.
The shares of Common Stock reported herein as indirectly beneficially owned by Prides Capital Partners, L.L.C. are owned directly by Prides Capital Fund I, L.P. Because Prides Capital Partners, L.L.C. is the general partner of Prides Capital Fund I, L.P., Prides Capital Partners, L.L.C. may be deemed to be the beneficial owner of shares owned by such entity. Because Kevin A. Richardson, II is the controlling shareholder of Prides Capital Partners, L.L.C., he may be deemed to be the beneficial owner of shares deemed to be beneficially owned by such entity. Each of Prides Capital Partners, L.L.C., Prides Capital Fund I, L.P, and Kevin A. Richardson, II disclaim beneficial ownership of these shares, except to the extent of any pecuniary interest therein.
The 506,027 shares of Common Stock were issued in connection with the Richardson Debt Conversion as previously defined in the Schedule 13D/A Amendment No. 11 as filed by the Reporting Persons with the SEC on April 22, 2010. The Prides Debt Conversion closed on June 4, 2010.
The shares of Common Stock are owned directly by Kevin A Richardson, II.
The 200,000 shares of Common Stock were purchased by Mr. Richardson as his portion of the D&O Private Placement as previously defined in the Schedule 13D/A Amendment No. 11 as filed by the Reporting Persons with the SEC on April 22, 2010. The Offering price was $1.00 per share of Common Stock. The D&O Private Placement closed on June 4, 2010.