-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JtH9pYOVyrmvHqN5ZJ5ssyigCBx6ZL4bmxRSmPBxNK/r/5nyKhGvGoohDbH9ules JlAquV4XQAVmygez4R16yg== 0000828405-11-000005.txt : 20110214 0000828405-11-000005.hdr.sgml : 20110214 20110214124323 ACCESSION NUMBER: 0000828405-11-000005 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20110214 DATE AS OF CHANGE: 20110214 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: KIT digital, Inc. CENTRAL INDEX KEY: 0001076700 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-SERVICES, NEC [8900] IRS NUMBER: 113447894 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-79385 FILM NUMBER: 11604223 BUSINESS ADDRESS: STREET 1: 168 FIFTH AVENUE, STREET 2: SUITE 302 CITY: NEW YORK STATE: NY ZIP: 10010 BUSINESS PHONE: (212) 661-4111 MAIL ADDRESS: STREET 1: 168 FIFTH AVENUE, STREET 2: SUITE 302 CITY: NEW YORK STATE: NY ZIP: 10010 FORMER COMPANY: FORMER CONFORMED NAME: ROO GROUP INC DATE OF NAME CHANGE: 20040312 FORMER COMPANY: FORMER CONFORMED NAME: VIRILITEC INDUSTRIES INC DATE OF NAME CHANGE: 19990326 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WALL STREET ASSOCIATES CENTRAL INDEX KEY: 0000828405 IRS NUMBER: 330238287 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 1200 PROSPECT ST STE 100 STREET 2: P O BOX 8589 CITY: LAJOLLA STATE: CA ZIP: 92038-8589 BUSINESS PHONE: 8585516321 MAIL ADDRESS: STREET 1: 1200 PROSPECT STREET STREET 2: SUITE 100 CITY: LA JOLLA STATE: CA ZIP: 92038 SC 13G 1 sc13g01.txt ---------------------------------- OMB APPROVAL ---------------------------------- UNITED STATES OMB Number: 3235-0145 SECURITIES AND EXCHANGE COMMISSION Estimated average burden hours Washington, D.C. 20549 per response................14.90 ---------------------------------- SCHEDULE 13G INFORMATION STATEMENT TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1 (b) (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2 (b) (Amendment No. _ )* Kit Digital, Inc --------------------------------------- (Name of Issuer) COMMON -------------------------------- (Title of Class of Securities) 482470200 ----------------- (CUSIP Number) December 31, 2010 ------------------------------------- (Date of Event Which Requires Filing of This Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [_] Rule 13d-(c) [_] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). - ----------------------- ----------------------- CUSIP NO. 482470200 13G Page 2 of 5 Pages -- -- - ----------------------- ----------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION OF ABOVE PERSON Wall Street Associates, LLC (IRS No. 37-1536872) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [_] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION A California Corporation - -------------------------------------------------------------------------------- NUMBER OF SHARES 5 SOLE VOTING POWER BENEFICIALLY OWNED BY 978,600 EACH REPORTING --------------------------------------------------------------- PERSON 6 SHARED VOTING POWER WITH -0- --------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 1,844,300 --------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,844,300 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.76 % - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IA - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 2 Item 1 (a) Name of Issuer: -------------- Kit Digital, Inc (b) Address of Issuer's Principal Executive Offices: ----------------------------------------------- 168 Fifth Avenue, Suite 302 New York, NY 10010 Item 2 (a) Name of Person Filing: --------------------- Wall Street Associates, LLC (b) Address of Principal Business Office: ------------------------------------ 1200 Prospect Street Suite 100 La Jolla, CA 92037 (c) Citizenship: ----------- Not Applicable. (d) Title of Class of Securities: ---------------------------- Common Stock (e) CUSIP Number: ------------ 482470200 Item 3 If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), ------------------------------------------------------------------ check whether the person filing is a: ------------------------------------- (a) [_] Broker or dealer registered under Section 15 of the Exchange Act; (b) [_] Bank as defined in Section 3(a)(6) of the Exchange Act; (c) [_] Insurance company as defined in Section 3(a)(19) of the Act; (d) [_] Investment company registered under Section 8 of the Investment Company Act; (e) [X] Investment adviser registered under Section 203 of the Investment Advisors Act of 1940; (f) [_] Employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) [_] Parent holding company or control person, in accordance with 13d-1(b)(ii)(G); (h) [_] Savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; (i) [_] Church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act; (j) [_] Group, in accordance with Rule 13d-1(b)(1)(ii)(H). If this statement is filed pursuant to Rule 13d-1(c), check this box. [_] 3 Item 4 Ownership. --------- (a) Amount beneficially owned: 1,844,300 (b) Percent of Class: 5.76 % (c) Number of shares as to which such person has: (i) Sole power to vote or direct the vote: 978,600 (ii) Shared power to vote: -0- (iii) Sole power to dispose or direct the disposition of: 1,844,300 (iv) Shared power to dispose or direct the disposition of: -0- Item 5 Ownership of Five Percent or Less of a Class. -------------------------------------------- If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ]. Item 6 Ownership of More than Five Percent on Behalf of Another Person. --------------------------------------------------------------- Not Applicable Item 7 Identification and Clarification of the Subsidiary Which Acquired ----------------------------------------------------------------- the Security Being Reported on By the Parent Holding Company. ------------------------------------------------------------ Not Applicable. Item 8 Identification and Clarification of Members of the Group. -------------------------------------------------------- Not Applicable. Item 9 Notice of Dissolution of Group. ------------------------------ Not Applicable. 4 Item 10 Certification. ------------- By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURE --------- After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: January 31, 2011 /s/ William Jeffery III --------------------------------- William Jeffery, III/President 5 -----END PRIVACY-ENHANCED MESSAGE-----