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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1076522	International Commercial Television Inc	ICTL	Retail-Catalog & Mail-Order Houses (5961)	760621102

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1337851	Praetorian Capital Management Llc	1000 South Pointe Drive Suite 1508 Miami Beach FL 33139		No	No	No	Yes

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, $0.001 Par Value	Disposition	2010-12-30	1,941,033	$0.08	0	No	4	S	Indirect	See Footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See Footnotes

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock, $0.001 Par Value	Warrant to purchase Common stock, $0.001 par Value	Disposition	2010-12-30	935,195	$0.00	935,195	$3.00
Common Stock, $0.001 Par Value	Warrant to purchase Common stock, $0.001 par Value	Acquisiton	2010-12-30	196,391	$0.00	196,391	$0.40

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2007-12-04	2010-12-03	No	4	J	Indirect
196,391	2010-12-30	2013-12-03	No	4	J	Indirect

Footnotes

This Form 4 is being filed by Praetorian Capital Management LLC, a Delaware Limited Liability Company (the "Management Company") which serves as investment manager or advisor to Praetorian Offshore Ltd. (the "Fund") with respect to the shares identified in this filing. The Management Company makes the investment and voting decisions on behalf of the Fund but owns no direct investments in the securities of the Issuer. The Fund directly owns the shares of the Common Stock of the Issuer but does not make any decisions as to voting or buying or selling shares of the Issuer.After the sale of 1,941,033 shares of common stock of the Issuer on December 30, 2010, Praetorian Offshore Ltd. owns no shares of the Issuer's common stock.
In conjunction with the sale of the common stock of the issuer (see Footnote 1), Praetorian Offshore Ltd. also exchanged all of its previously-held warrants to purchase the common stock of the issuer for warrants to purchase 196,391 shares of common stock of the issuer at a revised exercise price of $0.40 and with a new expiration date that has been extended by three years from the original warrants. After the exchange of Warrants on December 31, 2010, Praetorian Offshore Ltd. owns 196,391 warrants with a revised exercise price of $0.40 and a revised expiration date of December 3, 2013.