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Filing Details

Accession Number:: 0001181431-11-008679
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2011-02-09 17:21:00
Reporting Period:: 2011-02-07

Filing Date:: 2011-02-09
Accepted Time:: 2011-02-09 17:21:00
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	2011-02-07	1,939,394	$0.41	3,841,875	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Warrant for the Purchase of Common Stock	Acquisiton	2011-02-07	969,697	$0.00	969,697	$0.35

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
1,323,963	2011-02-07	2014-02-07	No	4	P	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock, $0.001 Par Value	37,181,980	Indirect	See Footnote

Footnotes

Includes 22,088,981 shares of Common Stock issued in connection with the Prides Debt Conversion as previously disclosed in the Schedule 13D/A Amendment No. 12 as filed by the Reporting Persons with the SEC on June 17, 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 shares of Common Stock were issued in connection with that certain Subscription Agreement dated February 7, 2011, between eDiets.com, Inc. and Kevin A. Richardson, II, pursuant to which Mr. Richardson agreed to purchase 1,939,394 shares of Common Stock as reported in Table I above, as well as a warrant (the "Warrant") to purchase the 969,697 shares of Common Stock reported in Table II.
Owned directly by Kevin A. Richardson, II.
The number of shares issuable upon the exercise of the Warrant and the exercise price per share are subject to adjustment pursuant to the terms of the Warrant.