Schedule 13G Amendment No. 1

-----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, SKcTkOMD4gh/YkKPQH0VcqDb+VJn5C7pvyrGnbLfkrrAugBM5Z3jpzkp7Ri9Be9b jsg3wCJVSDyXQNVkxDgQ3w== 0001193125-10-026797.txt : 20100210 0001193125-10-026797.hdr.sgml : 20100210 20100210110040 ACCESSION NUMBER: 0001193125-10-026797 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20100210 DATE AS OF CHANGE: 20100210 GROUP MEMBERS: CINEASIAS PARTNERS, L.P. GROUP MEMBERS: DRE PARTNERS, L.P. GROUP MEMBERS: F-CUBED PARTNERS, L.P. GROUP MEMBERS: WHITEBOX COMBINED ADVISORS, LLC GROUP MEMBERS: WHITEBOX COMBINED FUND, L.P. GROUP MEMBERS: WHITEBOX COMBINED FUND, LTD. GROUP MEMBERS: WHITEBOX COMBINED PARTNERS, L.P. GROUP MEMBERS: WHITEBOX CONCENTRATED CONVERTIBLE ARBITRAGE FUND, L.P. GROUP MEMBERS: WHITEBOX CONCENTRATED CONVERTIBLE ARBITRAGE FUND, LTD. GROUP MEMBERS: WHITEBOX CONVERTIBLE ARBITRAGE ADVISORS, LLC GROUP MEMBERS: WHITEBOX CONVERTIBLE ARBITRAGE FUND, L.P. GROUP MEMBERS: WHITEBOX CONVERTIBLE ARBITRAGE FUND, LTD. GROUP MEMBERS: WHITEBOX CONVERTIBLE ARBITRAGE PARTNERS, L.P. GROUP MEMBERS: WHITEBOX CREDIT ARBITRAGE FUND, L.P. GROUP MEMBERS: WHITEBOX CREDIT ARBITRAGE FUND, LTD. GROUP MEMBERS: WHITEBOX HEDGED HIGH YIELD ADVISORS, LLC GROUP MEMBERS: WHITEBOX HEDGED HIGH YIELD FUND, L.P. GROUP MEMBERS: WHITEBOX HEDGED HIGH YIELD FUND, LTD. GROUP MEMBERS: WHITEBOX HEDGED HIGH YIELD PARTNERS, L.P. GROUP MEMBERS: WHITEBOX INTERMARKET ADVISORS, LLC GROUP MEMBERS: WHITEBOX INTERMARKET FUND LP GROUP MEMBERS: WHITEBOX INTERMARKET FUND LTD. GROUP MEMBERS: WHITEBOX INTERMARKET PARTNERS LP GROUP MEMBERS: WHITEBOX MULTI-STRATEGY FUND, L.P. GROUP MEMBERS: WHITEBOX MULTI-STRATEGY FUND, LTD. GROUP MEMBERS: WHITEBOX SPECIAL OPPORTUNITIES ADVISORS, LLC GROUP MEMBERS: WHITEBOX SPECIAL OPPORTUNITIES FUND LP, SERIES B GROUP MEMBERS: WHITEBOX SPECIAL OPPORTUNITIES FUND, LP GROUP MEMBERS: WHITEBOX SPECIAL OPPORTUNITIES FUND, LTD GROUP MEMBERS: WHITEBOX SPECIAL OPPORTUNITIES FUND, LTD - SEGREGATED PORTFO FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WHITEBOX ADVISORS LLC CENTRAL INDEX KEY: 0001257391 IRS NUMBER: 411957584 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 3033 EXCELSIOR BLVD. CITY: MINNEAPOLIS STATE: MN ZIP: 55416 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TETON ENERGY CORP CENTRAL INDEX KEY: 0001131072 STANDARD INDUSTRIAL CLASSIFICATION: DRILLING OIL & GAS WELLS [1381] IRS NUMBER: 841482290 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-78457 FILM NUMBER: 10586608 BUSINESS ADDRESS: STREET 1: PO BOX 774327 CITY: STEAMBOAT SPRINGS STATE: CO ZIP: 80477 BUSINESS PHONE: (303) 565-4600 MAIL ADDRESS: STREET 1: 600 17TH STREET STREET 2: SUITE 1600 NORTH CITY: DENVER STATE: CO ZIP: 80202 FORMER COMPANY: FORMER CONFORMED NAME: TETON PETROLEUM CO DATE OF NAME CHANGE: 20010103 SC 13G/A 1 dsc13ga.htm SCHEDULE 13G AMENDMENT NO. 1 Schedule 13G Amendment No. 1


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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

Teton Energy Corporation

(Name of Issuer)

Common Stock

(Title of Class of Securities)

881628101

(CUSIP Number)

December 31, 2009

(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-1(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).

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

SEC 1745 (2-02)

Page 1 of 35

13G


CUSIP No. 881628101
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Whitebox Advisors, LLC
2	Check the appropriate box if a member of a group* (a) ¨ (b) x
3	SEC use only
4	Citizenship or place of organization Delaware
Number of shares beneficially owned by each reporting person with:		5	Sole voting power 0
		6	Shared voting power 1,538,461 (See item 4)
		7	Sole dispositive power 0
		8	Shared dispositive power 1,538,461 (See item 4)
9	Aggregate amount beneficially owned by each reporting person 1,538,461 (See item 4)
10	Check if the aggregate amount in Row (9) excludes certain shares*
11	Percent of class represented by amount in Row (9) 6.0 % (See item 4)
12	Type of reporting person* IA

** SEE INSTRUCTION BEFORE FILLING OUT **

SEC 1745 (2-02)

Page 2 of 35

13G


CUSIP No. 881628101
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Whitebox Convertible Arbitrage Advisors, LLC
2	Check the appropriate box if a member of a group* (a) ¨ (b) x
3	SEC use only
4	Citizenship or place of organization Delaware
Number of shares beneficially owned by each reporting person with:		5	Sole voting power 0
		6	Shared voting power 258,308 (See item 4)
		7	Sole dispositive power 0
		8	Shared dispositive power 258,308 (See item 4)
9	Aggregate amount beneficially owned by each reporting person 258,308 (See item 4)
10	Check if the aggregate amount in Row (9) excludes certain shares*
11	Percent of class represented by amount in Row (9) 1.0 % (See item 4)
12	Type of reporting person* IA

** SEE INSTRUCTION BEFORE FILLING OUT **

SEC 1745 (2-02)

Page 3 of 35

13G


CUSIP No. 881628101
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Whitebox Convertible Arbitrage Partners, L.P.
2	Check the appropriate box if a member of a group* (a) ¨ (b) x
3	SEC use only
4	Citizenship or place of organization British Virgin Islands
Number of shares beneficially owned by each reporting person with:		5	Sole voting power 0
		6	Shared voting power 114,461 (See item 4)
		7	Sole dispositive power 0
		8	Shared dispositive power 114,461 (See item 4)
9	Aggregate amount beneficially owned by each reporting person 114,461 (See item 4)
10	Check if the aggregate amount in Row (9) excludes certain shares*
11	Percent of class represented by amount in Row (9) 0.4 % (See item 4)
12	Type of reporting person* PN

** SEE INSTRUCTION BEFORE FILLING OUT **

SEC 1745 (2-02)

Page 4 of 35

13G


CUSIP No. 881628101
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Whitebox Concentrated Convertible Arbitrage Fund, L.P.
2	Check the appropriate box if a member of a group* (a) ¨ (b) x
3	SEC use only
4	Citizenship or place of organization Delaware
Number of shares beneficially owned by each reporting person with:		5	Sole voting power 0
		6	Shared voting power 114,461 (See item 4)
		7	Sole dispositive power 0
		8	Shared dispositive power 114,461 (See item 4)
9	Aggregate amount beneficially owned by each reporting person 114,461 (See item 4)
10	Check if the aggregate amount in Row (9) excludes certain shares*
11	Percent of class represented by amount in Row (9) 0.4 % (See item 4)
12	Type of reporting person* PN

** SEE INSTRUCTION BEFORE FILLING OUT **

SEC 1745 (2-02)

Page 5 of 35

13G


CUSIP No. 881628101
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Whitebox Concentrated Convertible Arbitrage Fund, Ltd.
2	Check the appropriate box if a member of a group* (a) ¨ (b) x
3	SEC use only
4	Citizenship or place of organization British Virgin Islands
Number of shares beneficially owned by each reporting person with:		5	Sole voting power 0
		6	Shared voting power 114,461 (See item 4)
		7	Sole dispositive power 0
		8	Shared dispositive power 114,461 (See item 4)
9	Aggregate amount beneficially owned by each reporting person 114,461 (See item 4)
10	Check if the aggregate amount in Row (9) excludes certain shares*
11	Percent of class represented by amount in Row (9) 0.4 % (See item 4)
12	Type of reporting person* PN

** SEE INSTRUCTION BEFORE FILLING OUT **

SEC 1745 (2-02)

Page 6 of 35

13G


CUSIP No. 881628101
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Cineasias Partners, L.P.
2	Check the appropriate box if a member of a group* (a) ¨ (b) x
3	SEC use only
4	Citizenship or place of organization British Virgin Islands
Number of shares beneficially owned by each reporting person with:		5	Sole voting power 0
		6	Shared voting power 143,846 (See item 4)
		7	Sole dispositive power 0
		8	Shared dispositive power 143,846 (See item 4)
9	Aggregate amount beneficially owned by each reporting person 143,846 (See item 4)
10	Check if the aggregate amount in Row (9) excludes certain shares*
11	Percent of class represented by amount in Row (9) 0.6 % (See item 4)
12	Type of reporting person* PN

** SEE INSTRUCTION BEFORE FILLING OUT **

SEC 1745 (2-02)

Page 7 of 35

13G


CUSIP No. 881628101
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Whitebox Convertible Arbitrage Fund, L.P.
2	Check the appropriate box if a member of a group* (a) ¨ (b) x
3	SEC use only
4	Citizenship or place of organization Delaware
Number of shares beneficially owned by each reporting person with:		5	Sole voting power 0
		6	Shared voting power 143,846 (See item 4)
		7	Sole dispositive power 0
		8	Shared dispositive power 143,846 (See item 4)
9	Aggregate amount beneficially owned by each reporting person 143,846 (See item 4)
10	Check if the aggregate amount in Row (9) excludes certain shares*
11	Percent of class represented by amount in Row (9) 0.6 % (See item 4)
12	Type of reporting person* PN

** SEE INSTRUCTION BEFORE FILLING OUT **

SEC 1745 (2-02)

Page 8 of 35

13G


CUSIP No. 881628101
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Whitebox Convertible Arbitrage Fund, Ltd.
2	Check the appropriate box if a member of a group* (a) ¨ (b) x
3	SEC use only
4	Citizenship or place of organization British Virgin Islands
Number of shares beneficially owned by each reporting person with:		5	Sole voting power 0
		6	Shared voting power 143,846 (See item 4)
		7	Sole dispositive power 0
		8	Shared dispositive power 143,846 (See item 4)
9	Aggregate amount beneficially owned by each reporting person 143,846 (See item 4)
10	Check if the aggregate amount in Row (9) excludes certain shares*
11	Percent of class represented by amount in Row (9) 0.6 % (See item 4)
12	Type of reporting person* PN

** SEE INSTRUCTION BEFORE FILLING OUT **

SEC 1745 (2-02)

Page 9 of 35

13G


CUSIP No. 881628101
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Whitebox Combined Advisors, LLC
2	Check the appropriate box if a member of a group* (a) ¨ (b) x
3	SEC use only
4	Citizenship or place of organization Delaware
Number of shares beneficially owned by each reporting person with:		5	Sole voting power 0
		6	Shared voting power 590,154 (See item 4)
		7	Sole dispositive power 0
		8	Shared dispositive power 590,154 (See item 4)
9	Aggregate amount beneficially owned by each reporting person 590,154 (See item 4)
10	Check if the aggregate amount in Row (9) excludes certain shares*
11	Percent of class represented by amount in Row (9) 2.3 % (See item 4)
12	Type of reporting person* IA

** SEE INSTRUCTION BEFORE FILLING OUT **

SEC 1745 (2-02)

Page 10 of 35

13G


CUSIP No. 881628101
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Whitebox Combined Partners, L.P.
2	Check the appropriate box if a member of a group* (a) ¨ (b) x
3	SEC use only
4	Citizenship or place of organization British Virgin Islands
Number of shares beneficially owned by each reporting person with:		5	Sole voting power 0
		6	Shared voting power 327,692 (See item 4)
		7	Sole dispositive power 0
		8	Shared dispositive power 327,692 (See item 4)
9	Aggregate amount beneficially owned by each reporting person 327,692 (See item 4)
10	Check if the aggregate amount in Row (9) excludes certain shares*
11	Percent of class represented by amount in Row (9) 1.3 % (See item 4)
12	Type of reporting person* PN

** SEE INSTRUCTION BEFORE FILLING OUT **

SEC 1745 (2-02)

Page 11 of 35

13G


CUSIP No. 881628101
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Whitebox Multi-Strategy Fund, L.P.
2	Check the appropriate box if a member of a group* (a) ¨ (b) x
3	SEC use only
4	Citizenship or place of organization Delaware
Number of shares beneficially owned by each reporting person with:		5	Sole voting power 0
		6	Shared voting power 327,692 (See item 4)
		7	Sole dispositive power 0
		8	Shared dispositive power 327,692 (See item 4)
9	Aggregate amount beneficially owned by each reporting person 327,692 (See item 4)
10	Check if the aggregate amount in Row (9) excludes certain shares*
11	Percent of class represented by amount in Row (9) 1.3 % (See item 4)
12	Type of reporting person* PN

** SEE INSTRUCTION BEFORE FILLING OUT **

SEC 1745 (2-02)

Page 12 of 35

13G


CUSIP No. 881628101
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Whitebox Multi-Strategy Fund, Ltd.
2	Check the appropriate box if a member of a group* (a) ¨ (b) x
3	SEC use only
4	Citizenship or place of organization British Virgin Islands
Number of shares beneficially owned by each reporting person with:		5	Sole voting power 0
		6	Shared voting power 327,692 (See item 4)
		7	Sole dispositive power 0
		8	Shared dispositive power 327,692 (See item 4)
9	Aggregate amount beneficially owned by each reporting person 327,692 (See item 4)
10	Check if the aggregate amount in Row (9) excludes certain shares*
11	Percent of class represented by amount in Row (9) 1.3 % (See item 4)
12	Type of reporting person* PN

** SEE INSTRUCTION BEFORE FILLING OUT **

SEC 1745 (2-02)

Page 13 of 35

13G


CUSIP No. 881628101
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). F-Cubed Partners, L.P.
2	Check the appropriate box if a member of a group* (a) ¨ (b) x
3	SEC use only
4	Citizenship or place of organization British Virgin Islands
Number of shares beneficially owned by each reporting person with:		5	Sole voting power 0
		6	Shared voting power 262,461 (See item 4)
		7	Sole dispositive power 0
		8	Shared dispositive power 262,461 (See item 4)
9	Aggregate amount beneficially owned by each reporting person 262,461 (See item 4)
10	Check if the aggregate amount in Row (9) excludes certain shares*
11	Percent of class represented by amount in Row (9) 1.0 % (See item 4)
12	Type of reporting person* PN

** SEE INSTRUCTION BEFORE FILLING OUT **

SEC 1745 (2-02)

Page 14 of 35

13G


CUSIP No. 881628101
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Whitebox Combined Fund, L.P.
2	Check the appropriate box if a member of a group* (a) ¨ (b) x
3	SEC use only
4	Citizenship or place of organization Delaware
Number of shares beneficially owned by each reporting person with:		5	Sole voting power 0
		6	Shared voting power 262,461 (See item 4)
		7	Sole dispositive power 0
		8	Shared dispositive power 262,461 (See item 4)
9	Aggregate amount beneficially owned by each reporting person 262,461 (See item 4)
10	Check if the aggregate amount in Row (9) excludes certain shares*
11	Percent of class represented by amount in Row (9) 1.0 % (See item 4)
12	Type of reporting person* PN

** SEE INSTRUCTION BEFORE FILLING OUT **

SEC 1745 (2-02)

Page 15 of 35

13G


CUSIP No. 881628101
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Whitebox Combined Fund, Ltd.
2	Check the appropriate box if a member of a group* (a) ¨ (b) x
3	SEC use only
4	Citizenship or place of organization British Virgin Islands
Number of shares beneficially owned by each reporting person with:		5	Sole voting power 0
		6	Shared voting power 262,461 (See item 4)
		7	Sole dispositive power 0
		8	Shared dispositive power 262,461 (See item 4)
9	Aggregate amount beneficially owned by each reporting person 262,461 (See item 4)
10	Check if the aggregate amount in Row (9) excludes certain shares*
11	Percent of class represented by amount in Row (9) 1.0 % (See item 4)
12	Type of reporting person* PN

** SEE INSTRUCTION BEFORE FILLING OUT **

SEC 1745 (2-02)

Page 16 of 35

13G


CUSIP No. 881628101
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Whitebox Hedged High Yield Advisors, LLC
2	Check the appropriate box if a member of a group* (a) ¨ (b) x
3	SEC use only
4	Citizenship or place of organization Delaware
Number of shares beneficially owned by each reporting person with:		5	Sole voting power 0
		6	Shared voting power 422,154 (See item 4)
		7	Sole dispositive power 0
		8	Shared dispositive power 422,154 (See item 4)
9	Aggregate amount beneficially owned by each reporting person 422,154 (See item 4)
10	Check if the aggregate amount in Row (9) excludes certain shares*
11	Percent of class represented by amount in Row (9) 1.7 % (See item 4)
12	Type of reporting person* IA

** SEE INSTRUCTION BEFORE FILLING OUT **

SEC 1745 (2-02)

Page 17 of 35

13G


CUSIP No. 881628101
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Whitebox Hedged High Yield Partners, L.P.
2	Check the appropriate box if a member of a group* (a) ¨ (b) x
3	SEC use only
4	Citizenship or place of organization British Virgin Islands
Number of shares beneficially owned by each reporting person with:		5	Sole voting power 0
		6	Shared voting power 149,538 (See item 4)
		7	Sole dispositive power 0
		8	Shared dispositive power 149,538 (See item 4)
9	Aggregate amount beneficially owned by each reporting person 149,538 (See item 4)
10	Check if the aggregate amount in Row (9) excludes certain shares*
11	Percent of class represented by amount in Row (9) 0.6% (See item 4)
12	Type of reporting person* PN

** SEE INSTRUCTION BEFORE FILLING OUT **

SEC 1745 (2-02)

Page 18 of 35

13G


CUSIP No. 881628101
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Whitebox Credit Arbitrage Fund, L.P.
2	Check the appropriate box if a member of a group* (a) ¨ (b) x
3	SEC use only
4	Citizenship or place of organization Delaware
Number of shares beneficially owned by each reporting person with:		5	Sole voting power 0
		6	Shared voting power 149,538 (See item 4)
		7	Sole dispositive power 0
		8	Shared dispositive power 149,538 (See item 4)
9	Aggregate amount beneficially owned by each reporting person 149,538 (See item 4)
10	Check if the aggregate amount in Row (9) excludes certain shares*
11	Percent of class represented by amount in Row (9) 0.6% (See item 4)
12	Type of reporting person* PN

** SEE INSTRUCTION BEFORE FILLING OUT **

SEC 1745 (2-02)

Page 19 of 35

13G


CUSIP No. 881628101
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Whitebox Credit Arbitrage Fund, Ltd.
2	Check the appropriate box if a member of a group* (a) ¨ (b) x
3	SEC use only
4	Citizenship or place of organization British Virgin Islands
Number of shares beneficially owned by each reporting person with:		5	Sole voting power 0
		6	Shared voting power 149,538 (See item 4)
		7	Sole dispositive power 0
		8	Shared dispositive power 149,538 (See item 4)
9	Aggregate amount beneficially owned by each reporting person 149,538 (See item 4)
10	Check if the aggregate amount in Row (9) excludes certain shares*
11	Percent of class represented by amount in Row (9) 0.6% (See item 4)
12	Type of reporting person* PN

** SEE INSTRUCTION BEFORE FILLING OUT **

SEC 1745 (2-02)

Page 20 of 35

13G


CUSIP No. 881628101
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). DRE Partners, L.P.
2	Check the appropriate box if a member of a group* (a) ¨ (b) x
3	SEC use only
4	Citizenship or place of organization British Virgin Islands
Number of shares beneficially owned by each reporting person with:		5	Sole voting power 0
		6	Shared voting power 272,615 (See item 4)
		7	Sole dispositive power 0
		8	Shared dispositive power 272,615 (See item 4)
9	Aggregate amount beneficially owned by each reporting person 272,615 (See item 4)
10	Check if the aggregate amount in Row (9) excludes certain shares*
11	Percent of class represented by amount in Row (9) 1.1 % (See item 4)
12	Type of reporting person* PN

** SEE INSTRUCTION BEFORE FILLING OUT **

SEC 1745 (2-02)

Page 21 of 35

13G


CUSIP No. 881628101
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Whitebox Hedged High Yield Fund, L.P.
2	Check the appropriate box if a member of a group* (a) ¨ (b) x
3	SEC use only
4	Citizenship or place of organization Delaware
Number of shares beneficially owned by each reporting person with:		5	Sole voting power 0
		6	Shared voting power 272,615 (See item 4)
		7	Sole dispositive power 0
		8	Shared dispositive power 272,615 (See item 4)
9	Aggregate amount beneficially owned by each reporting person 272,615 (See item 4)
10	Check if the aggregate amount in Row (9) excludes certain shares*
11	Percent of class represented by amount in Row (9) 1.1 % (See item 4)
12	Type of reporting person* PN

** SEE INSTRUCTION BEFORE FILLING OUT **

SEC 1745 (2-02)

Page 22 of 35

13G


CUSIP No. 881628101
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Whitebox Hedged High Yield Fund, Ltd.
2	Check the appropriate box if a member of a group* (a) ¨ (b) x
3	SEC use only
4	Citizenship or place of organization British Virgin Islands
Number of shares beneficially owned by each reporting person with:		5	Sole voting power 0
		6	Shared voting power 272,615 (See item 4)
		7	Sole dispositive power 0
		8	Shared dispositive power 272,615 (See item 4)
9	Aggregate amount beneficially owned by each reporting person 272,615 (See item 4)
10	Check if the aggregate amount in Row (9) excludes certain shares*
11	Percent of class represented by amount in Row (9) 1.1 % (See item 4)
12	Type of reporting person* PN

** SEE INSTRUCTION BEFORE FILLING OUT **

SEC 1745 (2-02)

Page 23 of 35

13G


CUSIP No. 881628101
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Whitebox Intermarket Advisors, LLC
2	Check the appropriate box if a member of a group* (a) ¨ (b) x
3	SEC use only
4	Citizenship or place of organization Delaware
Number of shares beneficially owned by each reporting person with:		5	Sole voting power 0
		6	Shared voting power 76,923 (See item 4)
		7	Sole dispositive power 0
		8	Shared dispositive power 76,923 (See item 4)
9	Aggregate amount beneficially owned by each reporting person 76,923 (See item 4)
10	Check if the aggregate amount in Row (9) excludes certain shares*
11	Percent of class represented by amount in Row (9) 0.3 % (See item 4)
12	Type of reporting person* IA

** SEE INSTRUCTION BEFORE FILLING OUT **

SEC 1745 (2-02)

Page 24 of 35

13G


CUSIP No. 881628101
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Whitebox Intermarket Partners LP
2	Check the appropriate box if a member of a group* (a) ¨ (b) x
3	SEC use only
4	Citizenship or place of organization British Virgin Islands
Number of shares beneficially owned by each reporting person with:		5	Sole voting power 0
		6	Shared voting power 76,923 (See item 4)
		7	Sole dispositive power 0
		8	Shared dispositive power 76,923 (See item 4)
9	Aggregate amount beneficially owned by each reporting person 76,923 (See item 4)
10	Check if the aggregate amount in Row (9) excludes certain shares*
11	Percent of class represented by amount in Row (9) 0.3 % (See item 4)
12	Type of reporting person* PN

** SEE INSTRUCTION BEFORE FILLING OUT **

SEC 1745 (2-02)

Page 25 of 35

13G


CUSIP No. 881628101
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Whitebox Intermarket Fund LP
2	Check the appropriate box if a member of a group* (a) ¨ (b) x
3	SEC use only
4	Citizenship or place of organization Delaware
Number of shares beneficially owned by each reporting person with:		5	Sole voting power 0
		6	Shared voting power 76,923 (See item 4)
		7	Sole dispositive power 0
		8	Shared dispositive power 76,923 (See item 4)
9	Aggregate amount beneficially owned by each reporting person 76,923 (See item 4)
10	Check if the aggregate amount in Row (9) excludes certain shares*
11	Percent of class represented by amount in Row (9) 0.3 % (See item 4)
12	Type of reporting person* PN

** SEE INSTRUCTION BEFORE FILLING OUT **

SEC 1745 (2-02)

Page 26 of 35

13G


CUSIP No. 881628101
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Whitebox Intermarket Fund Ltd.
2	Check the appropriate box if a member of a group* (a) ¨ (b) x
3	SEC use only
4	Citizenship or place of organization British Virgin Islands
Number of shares beneficially owned by each reporting person with:		5	Sole voting power 0
		6	Shared voting power 76,923 (See item 4)
		7	Sole dispositive power 0
		8	Shared dispositive power 76,923 (See item 4)
9	Aggregate amount beneficially owned by each reporting person 76,923 (See item 4)
10	Check if the aggregate amount in Row (9) excludes certain shares*
11	Percent of class represented by amount in Row (9) 0.3 % (See item 4)
12	Type of reporting person* PN

** SEE INSTRUCTION BEFORE FILLING OUT **

SEC 1745 (2-02)

Page 27 of 35

13G


CUSIP No. 881628101
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Whitebox Special Opportunities Advisors, LLC
2	Check the appropriate box if a member of a group* (a) ¨ (b) x
3	SEC use only
4	Citizenship or place of organization Delaware
Number of shares beneficially owned by each reporting person with:		5	Sole voting power 0
		6	Shared voting power 153,846 (See item 4)
		7	Sole dispositive power 0
		8	Shared dispositive power 153,846 (See item 4)
9	Aggregate amount beneficially owned by each reporting person 153,846 (See item 4)
10	Check if the aggregate amount in Row (9) excludes certain shares*
11	Percent of class represented by amount in Row (9) 0.6 % (See item 4)
12	Type of reporting person* IA

** SEE INSTRUCTION BEFORE FILLING OUT **

SEC 1745 (2-02)

Page 28 of 35

13G


CUSIP No. 881628101
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Whitebox Special Opportunities Fund, LP
2	Check the appropriate box if a member of a group* (a) ¨ (b) x
3	SEC use only
4	Citizenship or place of organization Delaware
Number of shares beneficially owned by each reporting person with:		5	Sole voting power 0
		6	Shared voting power 153,846 (See item 4)
		7	Sole dispositive power 0
		8	Shared dispositive power 153,846 (See item 4)
9	Aggregate amount beneficially owned by each reporting person 153,846 (See item 4)
10	Check if the aggregate amount in Row (9) excludes certain shares*
11	Percent of class represented by amount in Row (9) 0.6 % (See item 4)
12	Type of reporting person* PN

** SEE INSTRUCTION BEFORE FILLING OUT **

SEC 1745 (2-02)

Page 29 of 35

13G


CUSIP No. 881628101
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Whitebox Special Opportunities Fund, Ltd
2	Check the appropriate box if a member of a group* (a) ¨ (b) x
3	SEC use only
4	Citizenship or place of organization British Virgin Islands
Number of shares beneficially owned by each reporting person with:		5	Sole voting power 0
		6	Shared voting power 153,846 (See item 4)
		7	Sole dispositive power 0
		8	Shared dispositive power 153,846 (See item 4)
9	Aggregate amount beneficially owned by each reporting person 153,846 (See item 4)
10	Check if the aggregate amount in Row (9) excludes certain shares*
11	Percent of class represented by amount in Row (9) 0.6 % (See item 4)
12	Type of reporting person* PN

** SEE INSTRUCTION BEFORE FILLING OUT **

SEC 1745 (2-02)

Page 30 of 35

13G


CUSIP No. 881628101
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Whitebox Special Opportunities Fund LP, Series B
2	Check the appropriate box if a member of a group* (a) ¨ (b) x
3	SEC use only
4	Citizenship or place of organization Delaware
Number of shares beneficially owned by each reporting person with:		5	Sole voting power 0
		6	Shared voting power 153,846 (See item 4)
		7	Sole dispositive power 0
		8	Shared dispositive power 153,846 (See item 4)
9	Aggregate amount beneficially owned by each reporting person 153,846 (See item 4)
10	Check if the aggregate amount in Row (9) excludes certain shares*
11	Percent of class represented by amount in Row (9) 0.6 % (See item 4)
12	Type of reporting person* PN

** SEE INSTRUCTION BEFORE FILLING OUT **

SEC 1745 (2-02)

Page 31 of 35

13G


CUSIP No. 881628101
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Whitebox Special Opportunities Fund, Ltd – Segregated Portfolio B
2	Check the appropriate box if a member of a group* (a) ¨ (b) x
3	SEC use only
4	Citizenship or place of organization British Virgin Islands
Number of shares beneficially owned by each reporting person with:		5	Sole voting power 0
		6	Shared voting power 153,846 (See item 4)
		7	Sole dispositive power 0
		8	Shared dispositive power 153,846 (See item 4)
9	Aggregate amount beneficially owned by each reporting person 153,846 (See item 4)
10	Check if the aggregate amount in Row (9) excludes certain shares*
11	Percent of class represented by amount in Row (9) 0.6 % (See item 4)
12	Type of reporting person* PN

** SEE INSTRUCTION BEFORE FILLING OUT **

SEC 1745 (2-02)

Page 32 of 35

Item 1.

(a)

Name of Issuer

Teton Energy Corporation

(b)

Address of Issuer’s Principal Executive Offices

600 17^th Street, Suite 1600 North

Denver, CO 80202

Item 2.

(a)

Name of Person Filing

This statement is filed by:

(i)

Whitebox Advisors, LLC, a Delaware limited liability company (“WA”);

(ii)

Whitebox Convertible Arbitrage Advisors, LLC, a Delaware limited liability company (“WCAA”);

(iii)

Whitebox Convertible Arbitrage Partners, L.P., a British Virgin Islands limited partnership (“WCAP”);

(iv)

Whitebox Concentrated Convertible Arbitrage Fund , L.P., a Delaware limited partnership (“WCCAFLP”);

(v)

Whitebox Concentrated Convertible Arbitrage Fund, Ltd., a British Virgin Islands international business company (“WCCAFLTD”);

(vi)

Cineasias Partners, L.P., a British Virgin Islands limited partnership (“CP”);

(vii)

Whitebox Convertible Arbitrage Fund, L.P., a Delaware limited partnership (“WCAFLP”);

(viii)

Whitebox Convertible Arbitrage Fund, Ltd., a British Virgin Islands international business company (“WCAFLTD”);

(ix)

Whitebox Combined Advisors, LLC, a Delaware limited liability company (“WCA”);

(x)

Whitebox Combined Partners, L.P., a British Virgin Islands limited partnership (“WCP”);

(xi)

Whitebox Multi-Strategy Fund , L.P., a Delaware limited partnership (“WMSFLP”);

(xii)

Whitebox Multi-Strategy Fund, Ltd., a British Virgin Islands international business company (“WMSFLTD”);

(xiii)

F-Cubed Partners, L.P., a British Virgin Islands limited partnership (“FCP”);

(xiv)

Whitebox Combined Fund, L.P., a Delaware limited partnership (“WCFLP”);

(xv)

Whitebox Combined Fund, Ltd., a British Virgin Islands international business company (“WCFLTD”);

(xvi)

Whitebox Hedged High Yield Advisors, LLC, a Delaware limited liability company (“WHHYA”);

(xvii)

Whitebox Hedged High Yield Partners, L.P., a British Virgin Islands limited partnership (“WHHYP”);

(xviii)

Whitebox Credit Arbitrage Fund , L.P., a Delaware limited partnership (“WCRAFLP”);

(xix)

Whitebox Credit Arbitrage Fund, Ltd., a British Virgin Islands international business company (“WCRAFLTD”);

(xx)

DRE Partners, L.P., a British Virgin Islands limited partnership (“DP”);

(xxi)

Whitebox Hedged High Yield Fund, L.P., a Delaware limited partnership (“WHHYFLP”);

(xxii)

Whitebox Hedged High Yield Fund, Ltd., a British Virgin Islands international business company (“WHHYFLTD”);

(xxiii)

Whitebox Intermarket Advisors, LLC, a Delaware limited liability company (“WIA”);

(xxiv)

Whitebox Intermarket Partners, L.P., a British Virgin Islands limited partnership (“WIP”);

(xxv)

Whitebox Intermarket Fund, L.P., a Delaware limited partnership (“WIFLP”);

(xxvi)

Whitebox Intermarket Fund, Ltd., a British Virgin Islands international business company (“WIFLTD”);

(xxvii)

Whitebox Special Opportunities Advisors, LLC, a Delaware limited liability company (“WSOPA”);

(xxviii)

Whitebox Special Opportunities Fund, L.P., a Delaware Series limited partnership (“WSOPFLP”);

(xxix)

Whitebox Special Opportunities Fund SPC, Ltd., a British Virgin Islands Segregated Portfolio Company (“WSOPFLTD”);

(xxx)

Whitebox Special Opportunities Fund, L.P, Series B, a Delaware Series limited partnership (“WSOPFLPB”);

(xxxi)

Whitebox Special Opportunities Fund, Ltd. – Segregated Portfolio B, a British Virgin Islands Segregated Portfolio Company (“WSOPFLTDB”);

(xxxii)

IAM Mini-Fund 14 Limited, a Cayman Islands Corporation (“IAM”).

(b)

Address of Principal Business Office or, if none, Residence

The address of the business office of WA, WCAA,WCCAFLP, WCAFLP, WCA, WMSFLP, WCFLP, WHHYA, WCRAFLP, WHHYFLP, WIA, WIFLP, WSOPA, WSOPFLP, and WSOPFLPB is:

3033 Excelsior Boulevard

Suite 300

Minneapolis, MN 55416

The address of the business office of WCAP, WCCAFLTD, CP, WCAFLTD, WCP, WMSFLTD, FCP, WCFLTD, WHHYP, WCRAFLTD, DP, WHHYFLTD, WIP, WIFLTD, WSOPFLTD, and WSOPFLTDB is:

Trident Chambers, P.O. Box 146

Waterfront Drive, Wickhams Cay

Road Town, Tortola, British Virgin Islands

The address of the business office of IAM is:

IAM Mini-Fund 14 Limited

Boundary Hall, Cricket Square

George Town, Grand Cayman, KY1-1102 Cayman Islands

(c)

Citizenship

WA, WCAA,WCCAFLP, WCAFLP, WCA, WMSFLP, WCFLP, WHHYA, WCRAFLP, WHHYFLP, WIA, WIFLP, WSOPA, WSOPFLP, and WSOPFLPB are organized under the laws of the State of Delaware; WCAP, WCCAFLTD, CP, WCAFLTD, WCP, WMSFLTD, FCP, WCFLTD, WHHYP, WCRAFLTD, DP, WHHYFLTD, WIP, WIFLTD, WSOPFLTD, and WSOPFLTDB are organized under the laws of the British Virgin Islands; IAM is organized under the laws of the Cayman Islands.

(d)

Title of Class of Securities

Common Stock

(e)

CUSIP Number

881628101

Item 3.

If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

(a)

Broker or dealer registered under section 15 of the Act.

(b)

Bank as defined in section 3(a)(6) of the 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 of 1940.

(e)

An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E).

(f)

An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F).

(g)

A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G).

(h)

A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act.

(i)

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940.

(j)

Group, in accordance with § 240.13d-1(b)(1)(ii)(J).

** SEE INSTRUCTION BEFORE FILLING OUT **

SEC 1745 (2-02)

Page 33 of 35


Item 4.	Ownership

	(a)	Amount Beneficially Owned

		WA, acting as an investment adviser to its client, is deemed to be the beneficial owner of 1,538,461 shares of Common Stock of the Company’s Amended.

		WCAA, is deemed to beneficially own 258,308 shares of Common Stock of the company.

		WCAP is deemed to beneficially own 114,461 shares of Common Stock as a result of its indirect ownership of Convertible Bonds of the company

		WCCAFLP is deemed to beneficially own 114,461 shares of Common Stock as a result of its indirect ownership of Convertible Bonds of the company

		WCCAFLTD is deemed to beneficially own 114,461 shares of Common Stock as a result of its indirect ownership of Convertible Bonds of the company

		CP is deemed to beneficially own 143,846 shares of Common Stock as a result of its indirect ownership of Convertible Bonds of the company

		WCAFLP is deemed to beneficially own 143,846 shares of Common Stock as a result of its indirect ownership of Convertible Bonds of the company

		WCAFLTD is deemed to beneficially own 143,846 shares of Common Stock as a result of its indirect ownership of Convertible Bonds of the company

		WCA, is deemed to beneficially own 590,154 shares of Common Stock of the company.

		WCP is deemed to beneficially own 327,692 shares of Common Stock as a result of its indirect ownership of Convertible Bonds of the company

		WMSFLP is deemed to beneficially own 327,692 shares of Common Stock as a result of its indirect ownership of Convertible Bonds of the company

		WMSFLTD is deemed to beneficially own 327,692 shares of Common Stock as a result of its indirect ownership of Convertible Bonds of the company

		FCP is deemed to beneficially own 262,461 shares of Common Stock as a result of its indirect ownership of Convertible Bonds of the company

		WCFLP is deemed to beneficially own 262,461 shares of Common Stock as a result of its indirect ownership of Convertible Bonds of the company

		WCFLTD is deemed to beneficially own 262,461 shares of Common Stock as a result of its indirect ownership of Convertible Bonds of the company

		WHHYA is deemed to beneficially own 422,154 shares of Common Stock of the company.

		WHHYP is deemed to beneficially own 149,538 shares of Common Stock as a result of its indirect ownership of Convertible Bonds of the company

		WCRAFLP is deemed to beneficially own 149,538 shares of Common Stock as a result of its indirect ownership of Convertible Bonds of the company

		WCRAFLTD is deemed to beneficially own 149,538 shares of Common Stock as a result of its indirect ownership of Convertible Bonds of the company

		DP is deemed to beneficially own 272,615 shares of Common Stock as a result of its indirect ownership of Convertible Bonds of the company

		WHHYFLP is deemed to beneficially own 272,615 shares of Common Stock as a result of its indirect ownership of Convertible Bonds of the company

		WHHYFLTD is deemed to beneficially own 272,615 shares of Common Stock as a result of its indirect ownership of Convertible Bonds of the company

		WIA is deemed to beneficially own 76,923 shares of Common Stock of the company.

		WIP is deemed to beneficially own 76,923 shares of Common Stock as a result of its indirect ownership of Convertible Bonds of the company

		WIFLP is deemed to beneficially own 76,923 shares of Common Stock as a result of its indirect ownership of Convertible Bonds of the company

		WIFLTD is deemed to beneficially own 76,923 shares of Common Stock as a result of its indirect ownership of Convertible Bonds of the company

		WSOPA is deemed to beneficially own 153,846 shares of Common Stock of the company.

		WSOPFLP is deemed to beneficially own 153,846 shares of Common Stock as a result of its indirect ownership of Convertible Bonds of the company

		WSOPFLTD is deemed to beneficially own 153,846 shares of Common Stock as a result of its indirect ownership of Convertible Bonds of the company

		WSOPFLPB is deemed to beneficially own 153,846 shares of Common Stock as a result of its indirect ownership of Convertible Bonds of the company

		WSOPFLTDB is deemed to beneficially own 153,846 shares of Common Stock as a result of its indirect ownership of Convertible Bonds of the company

		IAM, is deemed to beneficially own 37,077 shares of Common Stock of the company

		As a result of the relationship described in this statement, each of WA, WCAA, WCCAFLP, WCCAFLTD, WCAFLP, WCAFLTD, WCA, WMSFLP, WMSFLTD, WCFLP, WCFLTD, WHHYA, WCRAFLP, WCRAFLTD, WHHYFLP, WHHYFLTD, WIA, WIFLP, WIFLTD, WSOPA, WSOPFLTDB, and WSOPFLPB may be deemed to possess indirect beneficial ownership of the shares of Common Stock beneficially owned by each of WCAP, CP, WCP, FCP, WHHYP, DP, WIP, WSOPFLP, WSOPFLTD, and IAM. WA, WCAA, WCCAFLP, WCCAFLTD, WCAFLP, WCAFLTD, WCA, WMSFLP, WMSFLTD, WCFLP, WCFLTD, WHHYA, WCRAFLP, WCRAFLTD, WHHYFLP, WHHYFLTD, WIA, WIFLP, WIFLTD, WSOPA, WSOPFLPB, and WSOPFLTDB each disclaim indirect beneficial ownership of the shares of Common Stock except to the extent of their pecuniary interest in such shares.*

		Based on the relationships described herein, these entities may be deemed to constitute a “group” within the meaning Of Rule 13d-5(b)(1) under the Securities Exchange Act of 1934. The filing of this statement shall not be construed as an admission that WA, WCAA,WCAP, WCCAFLP, WCCAFLTD, CP, WCAFLP, WCAFLTD, WCA, WCP, WMSFLP, WMSFLTD, FCP, WCFLP, WCFLTD, WHHYA, WHHYP, WCRAFLP, WCRAFLTD, DP, WHHYFLP, WHHYFLTD, WDCAA, WIA, WIP, WIFLP, WIFLTD, WSOPA, WSOPFLP, WSOPFLTD, WSOPFLPB, WSOPFLTDB, and IAM are a group, or have agreed to act as a group.*

	(b)	Percent of Class

		WA beneficially owns 6.0 % of the Company’s Common Stock.*

		WCAA is deemed to beneficially own 1.0 % of the company’s Common Stock

		WCAP is deemed to beneficially own 0.4 % of the company’s Common Stock

		WCCAFLP is deemed to beneficially own 0.4 % of the company’s Common Stock

		WCCAFLTD is deemed to beneficially own 0.4 % of the company’s Common Stock

		CP is deemed to beneficially own 0.6 % of the company’s Common Stock

		WCAFLP is deemed to beneficially own 0.6 % of the company’s Common Stock

		WCAFLTD is deemed to beneficially own 0.6 % of the company’s Common Stock

		WCA is deemed to beneficially own 2.3 % of the company’s Common Stock

		WCP is deemed to beneficially own 1.3 % of the company’s Common Stock

		WMSFLP is deemed to beneficially own 1.3 % of the company’s Common Stock

		WMSFLTD is deemed to beneficially own 1.3 % of the company’s Common Stock

		FCP is deemed to beneficially own 1.0 % of the company’s Common Stock

		WCFLP is deemed to beneficially own 1.0 % of the company’s Common Stock

		WCFLTD is deemed to beneficially own 1.0 % of the company’s Common Stock

		WHHYA is deemed to beneficially own 1.7 % of the company’s Common Stock

		WHHYP is deemed to beneficially own 0.6 % of the company’s Common Stock

		WCRAFLP is deemed to beneficially own 0.6 % of the company’s Common Stock

		WCRAFLTD is deemed to beneficially own 0.6 % of the company’s Common Stock

		DP is deemed to beneficially own 1.1 % of the company’s Common Stock

		WHHYFLP is deemed to beneficially own 1.1 % of the company’s Common Stock

		WHHYFLTD is deemed to beneficially own 1.1 % of the company’s Common Stock

		WIA is deemed to beneficially own 0.3 % of the company’s Common Stock

		WIP is deemed to beneficially own 0.3 % of the company’s Common Stock

		WIFLP is deemed to beneficially own 0.3 % of the company’s Common Stock

		WIFLTD is deemed to beneficially own 0.3 % of the company’s Common Stock

		WSOPA is deemed to beneficially own 0.6 % of the company’s Common Stock

		WSOPFLP is deemed to beneficially own 0.6 % of the company’s Common Stock

		WSOPFLTD is deemed to beneficially own 0.6 % of the company’s Common Stock

		WSOPFLPB is deemed to beneficially own 0.6 % of the company’s Common Stock

		WSOPFLTDB is deemed to beneficially own 0.6 % of the company’s Common Stock

		IAM beneficially owns 0.1 % of the company’s Common Stock.*

		The percentage of Common Stock reportedly owned by each entity herein is based on 23,948,000 shares of outstanding Common Stock of the Company, which is the total number of shares issued and outstanding on August 11, 2009.

	(c)	Number of shares as to which such person has:

		(i)	Sole power to vote or to direct the vote

			0

		(ii)	Shared power to vote or to direct the vote

			WA has shared voting power with respect to 1,538,461 shares of the Issuer’s Common Stock.

			WCAA, WCAP,WCCAFLP, WCCAFLTD, CP, WCAFLP, and WCAFLTD have shared voting power with respect to 258,308 shares of the Company’s Common Stock.

			WCA, WCP, WMSFLP, WMSFLTD, FCP, WCFLP, and WCFLTD have shared voting power with respect to 590,154 shares of the Company’s Common Stock.

			WHHYA, WHHYP,WCRAFLP, WCRAFLTD, DP, WHHYFLP, and WHHYFLTD have shared voting power with respect to 422,154 shares of the Company’s Common Stock.

			WIA, WIP, WIFLP, and WIFLTD have shared voting power with respect to 76,923 shares of the Company’s Common Stock.

			WSOPA, WSOPFL, WSOPFLTD, WSOPFLPB, and WSOPFLTDB have shared voting power with respect to 153,846 shares of the Company’s Common Stock.

		(iii)	Sole power to dispose or to direct the disposition of

			0

		(iv)	Shared power to dispose or to direct the disposition of

			WA has shared voting power with respect to 1,538,461 shares of the Issuer’s Common Stock.

			WCAA, WCAP,WCCAFLP, WCCAFLTD, CP, WCAFLP, and WCAFLTD have shared voting power with respect to 258,308 shares of the Company’s Common Stock.

			WCA, WCP, WMSFLP, WMSFLTD, FCP, WCFLP, and WCFLTD have shared voting power with respect to 590,154 shares of the Company’s Common Stock.

			WHHYA, WHHYP,WCRAFLP, WCRAFLTD, DP, WHHYFLP, and WHHYFLTD have shared voting power with respect to 422,154 shares of the Company’s Common Stock.

			WIA, WIP, WIFLP, and WIFLTD have shared voting power with respect to 76,923 shares of the Company’s Common Stock.

			WSOPA, WSOPFL, WSOPFLTD, WSOPFLPB, and WSOPFLTDB have shared voting power with respect to 153,846 shares of the Company’s Common Stock.

Instruction. For computations regarding securities which represent a right to acquire an underlying security see §240.13d3(d)(1).

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 ¨*.

Instruction. Dissolution of a group requires a response to this item.

Item 6.	Ownership of More than Five Percent on Behalf of Another Person.

	Not Applicable.

Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.

	Not Applicable

Item 8.	Identification and Classification of Members of the Group

	See Item 2

Item 9.	Notice of Dissolution of Group

	Not Applicable

Item 10.	Certification

	By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with 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.

** SEE INSTRUCTION BEFORE FILLING OUT **

SEC 1745 (2-02)

Page 34 of 35

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.

February 10, 2010

Date

/s/ Jonathan D. Wood

Signature

Jonathan D. Wood as Chief Financial Officer of Whitebox Advisors, LLC.

Name/Title

The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representative’s authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature.

NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7 for other parties for whom copies are to be sent.

Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001)

fb.us.1260302.03

** SEE INSTRUCTION BEFORE FILLING OUT **

SEC 1745 (2-02)

Page 35 of 35

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