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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1095266	Workstream Inc	WSTMF	Services-Business Services, Nec (7389)	000000000

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1162675	Coghill Capital Management Llc	1 North Wacker Drive Suite 4350 Chicago IL 60606	No	No	Yes	No
1235152	Ltd Fund Qualified Master Ccm	C/O Morgan Stanley Fund Services (Cayman Ltd Century Yard Cricket Sq Hutchings Dr Po Box 2681 George Town E9 00000	No	No	Yes	No
1235155	D Clint Coghill	C/O Coghill Capital Management, Llc 1 North Wacker Drive, Suite 4350 Chicago IL 60606	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
Class A, Series B Convertible Preferred Stock	Acquisiton	2011-08-15	147,841	$3.00	1,105,924	No	4	P	Direct
Class A, Series B Convertible Preferred Stock	Acquisiton	2011-08-15	147,841	$3.00	1,105,924	No	4	P	Indirect	Indirectly by Coghill Capital Management, LLC and Clint D. Coghill

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct
No	4	P	Indirect	Indirectly by Coghill Capital Management, LLC and Clint D. Coghill

Footnotes

See Form 8-K filed by Issuer on August 17, 2011.
Reporting Person's Form 3 dated August 23, 2010 indicated beneficial ownership of 383,233,209 shares of Issuer's common stock. On May 10, 2011 the Issuer completed a reverse stock split whereby the Reporting Person's shares were reduced to 958,083. Each Class A, Series B Convertible Preferred Share is convertible, at the option of the Reporting Person, at any time and from time to time, and without the payment of additional consideration by the Reporting Person, into one share of fully paid and nonassessable Common Shares.
These securities may be deemed to be beneficially owned by Coghill Capital Management, LLC ("CCM"), the investment manager of CCM Master Qualified Fund, Ltd. (the "Master Fund"). These securities may also be deemed to be beneficially owned by Clint D. Coghill, the President and majority owner of CCM. Each of CCM and Mr. Coghill disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.