SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* HUGHES J WINDER (Last) (First) (Middle) C/O FOCUS FUND PO BOX 389 (Street) PONTE VEDRA FL 32004 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol VIKING SYSTEMS INC [ VKNG ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner Officer (give title below) X Other (specify below) Please See Remark (A)
	3. Date of Earliest Transaction (Month/Day/Year) 11/16/2009
	4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	11/16/2009		S		20,000(1)	D	$0.76	4,195,189	I	The Focus Fund L.P.(2)
Common Stock	11/16/2009		S		20,000(1)	D	$0.83	4,175,189	I	The Focus Fund L.P.(2)
Common Stock	11/16/2009		S		20,000(1)	D	$0.87	4,155,189	I	The Focus Fund L.P.(2)
Common Stock	11/16/2009		S		20,000(1)	D	$0.87	4,135,189	I	The Focus Fund L.P.(2)
Common Stock	11/16/2009		S		40,000(1)	D	$0.94	4,095,189	I	The Focus Fund L.P.(2)
Common Stock	11/16/2009		S		40,000(1)	D	$0.92	4,055,189	I	The Focus Fund L.P.(2)
Common Stock	11/16/2009		S		50,000(1)	D	$0.92	4,005,189	I	The Focus Fund L.P.(2)
Common Stock	11/16/2009		S		40,000(1)	D	$0.96	3,965,189	I	The Focus Fund L.P.(2)
Common Stock	11/16/2009		S		40,000(1)	D	$1.02	3,925,189	I	The Focus Fund L.P.(2)
Common Stock	11/16/2009		S		50,000(1)	D	$0.98	3,875,189	I	The Focus Fund L.P.(2)
Common Stock	11/16/2009		S		40,000(1)	D	$0.95	3,835,189	I	The Focus Fund L.P.(2)
Common Stock	11/16/2009		S		20,000(1)	D	$0.9	3,815,189	I	The Focus Fund L.P.(2)
Common Stock	11/16/2009		S		20,000(1)	D	$0.86	3,795,189	I	The Focus Fund L.P.(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Warrants	$0.18							(3)	01/03/2013	Common Stock	(3)		2,804,124(3)	D

Explanation of Responses:

1. Such shares were sold pursuant to the volume restrictions of Rule 144.

2. All such shares are held by The Focus Fund, L.P. Mr. Hughes is the managing member of The Focus Fund and, as such, shares the power to direct the vote and disposition of these shares. Mr. Hughes disclaims beneficial ownership of these shares.

3. These warrants were previously granted and Mr. Hughes disclaims beneficial ownership of the warrants as these warrants contain a provision which would prohibit the holder thereof from exercising such warrants to the extent that, upon such exercise, such holder, together with its affiliates, would beneficially hold more than 4.99% of the total number of shares of Common Stock then issued and outstanding (determined in accordance with Section 13(d) of the Securities Exchange Act of 1934, as amended), unless such holder shall have provided the Issuer with 61 days' notice of the holder's waiver of such provisions. Accordingly, although the warrant has an exercise price of January 4, 2008, based on the number of shares of Common Stock held by the Reporting Persons as of the date hereof, such warrants are not presently exercisable.

Remarks:

(A) Mr. Hughes resigned from the company's board of directors and all committees of the board, effective November 2, 2009.

	/s/ J. Winder Hughes	11/20/2009
	** Signature of Reporting Person	Date
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