SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
CANNELL CAPITAL LLC

(Last) (First) (Middle)
310 E. PEARL ST., UNIT A
PO BOX 3459

(Street)
JACKSON WY 83001

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
12/13/2012
3. Issuer Name and Ticker or Trading Symbol
MULTIBAND CORP [ MBND ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common stock (Class A shares) 412,829 I (1) (2) Tristan Offshore Fund, Ltd. (1) (2)
Common stock (Class A shares) 532,603 I (1) (2) Cuttyhunk Master Portfolio (1) (2)
Common stock (Class A shares) 683,802 I (1) (2) Tonga Partners, L.P. (1) (2)
Common stock (Class A shares) 735,608 I (1) (2) Tristan Partners, L.P. (1) (2)
Common stock (Class A shares) 35,212 I (1) (2) Optima UCITS Umbrella Plc / Cannell UCITS Fund (1) (2)
Common stock (Class A shares) 68,339 I (1) (2) Separately managed accounts (1) (2)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. As of Dec.13, 2012, Tristan Offshore Fund Ltd., Tristan Partners, LP, The Cuttyhunk Master Portfolio, Tonga Partners, LP, Cannell UCITS Fund and sundry separately managed accounts (collectively the "Funds") owned in the aggregate (i) 2,468,393 Class A shares of common stock of Multiband, Inc. Cannell Capital LLC acts as the investment adviser to Tristan Offshore Ltd., Cuttyhunk Master Portfolio, Cannell UCITS Fund, and the Cannell separately managed accounts, and is the general partner of and investment adviser to Tristan Partners, LP and Tonga Partners LP.
2. Mr. J. Carlo Cannell is the sole managing member of Cannell Capital LLC. As such, Mr. Cannell possesses sole power to vote and direct the disposition of all securities of Multiband, Inc. held by the Funds. Thus, for the purposes of Reg. Section 240.13d-3, as of Dec. 13, 2012, Mr. Cannell beneficially owns 2,468,393 shares. Mr. Cannell's interest in the securities reported herein is limited to the extent of his pecuniary interest in each of the Funds, if any. None of the Funds individually holds more than 3.5% of the Class A shares of Multiband, Inc.
J. Carlo Cannell on behalf of Cannell Capital LLC 12/13/2012
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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