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
X	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* LAURUS MASTER FUND LTD (Last) (First) (Middle) C/O LAURUS CAPITAL MANAGEMENT, LLC 335 MADISON AVENUE, 10TH FLOOR (Street) NEW YORK NY 10017 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol 180 Connect Inc. [ CNCT ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner Officer (give title below) X Other (specify below) Disclaimed Group
	3. Date of Earliest Transaction (Month/Day/Year) 01/23/2008
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X 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	01/23/2008(1)(2)		S		2,647,407	D	$2.27(1)(2)	0	I(1)(2)(3)(4)	By Erato Corporation(1)(2)(3)(4)

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

1. Name and Address of Reporting Person* LAURUS MASTER FUND LTD (Last) (First) (Middle) C/O LAURUS CAPITAL MANAGEMENT, LLC 335 MADISON AVENUE, 10TH FLOOR (Street) NEW YORK NY 10017 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) Disclaimed Group

1. Name and Address of Reporting Person* Erato CORP (Last) (First) (Middle) C/O LAURUS CAPITAL MANAGEMENT, LLC 335 MADISON AVENUE, 10TH FLOOR (Street) NEW YORK NY 10017 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) Disclaimed Group

1. Name and Address of Reporting Person* LAURUS CAPITAL MANAGEMENT LLC (Last) (First) (Middle) 335 MADISON AVENUE, 10TH FLOOR (Street) NEW YORK NY 10017 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) Disclaimed Group

1. Name and Address of Reporting Person* Valens U.S. SPV I, LLC (Last) (First) (Middle) 335 MADISON AVENUE, 10TH FLOOR (Street) NEW YORK NY 10017 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) Disclaimed Group

1. Name and Address of Reporting Person* Valens Capital Management, LLC (Last) (First) (Middle) 335 MADISON AVENUE, 10TH FLOOR (Street) NEW YORK NY 10017 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) Disclaimed Group

1. Name and Address of Reporting Person* GRIN DAVID (Last) (First) (Middle) C/O LAURUS CAPITAL MANAGEMENT, LLC 335 MADISON AVENUE, 10TH FLOOR (Street) NEW YORK NY 10017 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) Disclaimed Group

1. Name and Address of Reporting Person* GRIN EUGENE (Last) (First) (Middle) C/O LAURUS CAPITAL MANAGEMENT, LLC 335 MADISON AVENUE, 10TH FLOOR (Street) NEW YORK NY 10017 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) Disclaimed Group

Explanation of Responses:

1. On January 23, 2008, Erato entered into a stock purchase agreement dated as of January 22, 2008 (the "Stock Purchase Agreement") with Creative Vistas, Inc., an Arizona Corporation ("Vistas") by which Erato transferred to Vistas 2,674,407 Shares for an aggregate purchase price of $6,017,416, or $2.27 per Share (the "Purchase Price"). The Purchase Price was paid by Vistas by delivery to Erato of (i) 2,195,720 duly and validly issued shares of common stock of Vistas, and (ii) a common stock purchase warrant (the "Vista Warrant"), exercisable into up to 812,988 shares of common stock of Vistas at an exercise price of $0.001 per share.

2. The Vista Warrant contains an issuance limitation prohibiting the Investors from exercising or converting those securities to the extent that such exercise would result in beneficial ownership by the Investors of more than 9.99% of the shares of Vistas common stock then issued and outstanding (whether or not, at the time of such exercise, the Investors beneficially own more than 9.99% of the outstanding shares of Vistas common stock).

3. Erato is a wholly owned subsidiary of the Fund. The Fund is managed by Laurus Capital Management, LLC, a Delaware limited liability company ("LCM"). Valens U.S. is managed by Valens Capital Management, LLC, a Delaware limited liability company ("VCM"). Eugene Grin and David Grin, through other entities, are the controlling principals of LCM and VCM, and share sole voting and investment power over all securities of the Company held by the Investors. Each of Erato and the Fund disclaims beneficial ownership of the securities of the Company held by Valens U.S., except to the extent of such person's pecuniary interest in Valens U.S., if any. Erato disclaims beneficial ownership of the securities of the Company held by the Fund, except to the extent of such person's pecuniary interest in the Fund, if any.

4. Valens U.S. disclaims beneficial ownership of the securities of the Company held by each of Erato and the Fund, except to the extent of such person's pecuniary interest in Erato and the Fund, if any. Each of LCM, VCM, Eugene Grin and David Grin disclaims beneficial ownership of the securities of the Company held by the Investors except to the extent of such person's pecuniary interest in the Investors, if any. The filing of this statement shall not be deemed an admission that any person is, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the beneficial owner of any equity securities covered by or described in this statement.

Remarks:

	/s/ Eugene Grin, Director of Laurus Master Fund, Ltd.	01/25/2008
	/s/ Eugene Grin, Chairman, President and Secretary of Erato Corporation	01/25/2008
	/s/ David Grin, Principal of Laurus Capital Management, LLC	01/25/2008
	/s/ David Grin, Authorized Signatory of Valens U.S. SPV I, LLC	01/25/2008
	/s/ Eugene Grin, Authorized Signatory of Valens U.S. SPV I, LLC	01/25/2008
	/s/ David Grin, Principal of Valens Capital Management, LLC	01/25/2008
	/s/ Eugene Grin, Principal of Valens Capital Management, LLC	01/25/2008
	/s/ David Grin	01/25/2008
	/s/ Eugene Grin	01/25/2008
	** Signature of Reporting Person	Date
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