CUSIP No. 928449107
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13G
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Page 2 of 7 Pages
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1
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NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Gemini Master Fund, Ltd.
|
||
2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o
(b) x
|
||
3
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SEC USE ONLY
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||
4
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CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
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NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
5
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SOLE VOTING POWER
0
|
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6
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SHARED VOTING POWER
4,371,429
|
||
7
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SOLE DISPOSITIVE POWER
0
|
||
8
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SHARED DISPOSITIVE POWER
4,371,429
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||
9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,371,429
|
||
10
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* o
|
||
11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.0%
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12
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TYPE OF REPORTING PERSON*
CO
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CUSIP No. 928449107
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13G
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Page 3 of 7 Pages
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1
|
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Gemini Strategies, LLC
|
||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o
(b) x
|
||
3
|
SEC USE ONLY
|
||
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
5
|
SOLE VOTING POWER
0
|
|
6
|
SHARED VOTING POWER
4,371,429
|
||
7
|
SOLE DISPOSITIVE POWER
0
|
||
8
|
SHARED DISPOSITIVE POWER
4,371,429
|
||
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,371,429
|
||
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* o
|
||
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.0%
|
||
12
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TYPE OF REPORTING PERSON*
OO
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CUSIP No. 928449107
|
13G
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Page 4 of 7 Pages
|
1
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NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Steven Winters
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||
2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o
(b) x
|
||
3
|
SEC USE ONLY
|
||
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
|
||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
5
|
SOLE VOTING POWER
0
|
|
6
|
SHARED VOTING POWER
4,371,429
|
||
7
|
SOLE DISPOSITIVE POWER
0
|
||
8
|
SHARED DISPOSITIVE POWER
4,371,429
|
||
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,371,429
|
||
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* o
|
||
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.0%
|
||
12
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TYPE OF REPORTING PERSON*
IN
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CUSIP No. 928449107
|
13G
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Page 5 of 7 Pages
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Item 1(a).
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Name of Issuer:
Visualant, Inc.
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Item 1(b).
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Address of Issuer's Principal Executive Offices:
500 Union Street, Suite 406, Seattle, Washington USA
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Item 2(a).
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Name of Persons Filing:
Gemini Master Fund, Ltd,
Gemini Strategies, LLC
Steven Winters
All of the securities covered by this report are owned directly by Gemini Master Fund, Ltd. Gemini Strategies, LLC is the investment manager of Gemini Master Fund, Ltd., and Steven Winters is the sole managing member of Gemini Strategies, LLC. As permitted by Rule 13d-4, the filing of this statement shall not be construed as an admission that either Gemini Strategies, LLC or Steven Winters is the beneficial owner of any of the securities covered by this statement, and each of Gemini Strategies, LLC and Steven Winters expressly disclaims any equitable or beneficial ownership of such securities.
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Item 2(b).
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Address of Principal Business Office or, if none, Residence:
Address for all filers: c/o Gemini Strategies, LLC, 619 South Vulcan, Suite 203, Encinitas, CA 92024
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Item 2(c).
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Citizenship:
Gemini Master Fund, Ltd. was organized under the laws of the Cayman Islands.
Gemini Strategies, LLC was formed under the laws of the State of Delaware
Steven Winters is a United States citizen.
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Item 2(d).
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Title of Class of Securities:
Common Stock, $0.001 par value
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Item 2(e).
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CUSIP Number:
928449107
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Item 3.
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If this statement is filed pursuant to rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:
Not Applicable
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CUSIP No. 928449107
|
13G
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Page 6 of 7 Pages
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Item 4.
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Ownership:
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(a)
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Amount Beneficially Owned: 4,371,429 shares as of May 27, 2011
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(b)
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Percent of Class: 9.0%
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(c)
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Number of shares as to which such person has:
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(i)
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sole power to vote or to direct the vote: 0
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(ii)
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shared power to vote or to direct the vote: 4,371,429
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(iii)
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sole power to dispose or to direct the disposition of: 0
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(iv)
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shared power to dispose or to direct the disposition of: 4,371,429
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Item 5.
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Ownership of Five Percent or Less of a Class:
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Item 6.
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Ownership of More than Five Percent on Behalf of Another Person:
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Item 7.
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Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company of Control Person:
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Item 8.
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Identification and Classification of Members of the Group:
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Item 9.
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Notice of Dissolution of Group:
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CUSIP No. 928449107
|
13G
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Page 7 of 7 Pages
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Item 10.
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Certification:
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May 27, 2011
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GEMINI MASTER FUND, LTD. | ||||
By:
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GEMINI STRATEGIES, LLC, as investment manager | |||
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By: | /s/ Steven Winters | |
Name: | Steven Winters | |||
Title: | Managing Member | |||
GEMINI STRATEGIES, LLC | |||
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By:
|
/s/ Steven Winters | |
Name: | Steven Winters | ||
Title: | Managing Member | ||
/s/ Steven Winters | |||
Steven Winters |