Schedule 13G

-----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, J32cBl/XCWh0TJUvvXRPQB7HezbLTV5ldgSSgXr7khKUj29GL4RzgVZYrG/pg4KU 9rj8mcJMQTcNEZ8TMFNCXg== 0001193125-10-062993.txt : 20100322 0001193125-10-062993.hdr.sgml : 20100322 20100322151855 ACCESSION NUMBER: 0001193125-10-062993 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20100322 DATE AS OF CHANGE: 20100322 GROUP MEMBERS: ATLAS FUNDAMENTAL TRADING FUND, L.P. GROUP MEMBERS: ATLAS FUNDAMENTAL TRADING FUND, LTD. GROUP MEMBERS: ATLAS FUNDAMENTAL TRADING MASTER FUND LTD. GROUP MEMBERS: ATLAS GLOBAL INVESTMENTS, LTD. GROUP MEMBERS: ATLAS GLOBAL, LLC. GROUP MEMBERS: ATLAS INSTITUTIONAL FUND, LLC GROUP MEMBERS: ATLAS INSTITUTIONAL FUND, LTD. GROUP MEMBERS: ATLAS LEVERAGED FUND, L.P. GROUP MEMBERS: ATLAS MASTER FUND, LTD. GROUP MEMBERS: BALYASNY DEDICATED INVESTOR MASTER FUND, LTD. GROUP MEMBERS: BALYASNY DEDICATED INVESTOR OFFSHORE FUND, LTD. GROUP MEMBERS: BALYASNY DEDICATED INVESTOR ONSHORE FUND, L.P. GROUP MEMBERS: DMITRY BALYASNY SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Baltic Trading Ltd CENTRAL INDEX KEY: 0001474042 STANDARD INDUSTRIAL CLASSIFICATION: DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412] IRS NUMBER: 000000000 STATE OF INCORPORATION: 1T FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-85382 FILM NUMBER: 10696465 BUSINESS ADDRESS: STREET 1: 299 PARK AVENUE, 20TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10171 BUSINESS PHONE: 646-443-8550 MAIL ADDRESS: STREET 1: 299 PARK AVENUE, 20TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10171 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BALYASNY ASSET MANAGEMENT LLC CENTRAL INDEX KEY: 0001218710 IRS NUMBER: 364472709 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 181 W MADISON STE 3600 CITY: CHICAGO STATE: IL ZIP: 60602 BUSINESS PHONE: 3124992999 MAIL ADDRESS: STREET 1: 181 W MADISON STE 3600 CITY: CHICAGO STATE: IL ZIP: 60602 SC 13G 1 dsc13g.htm SCHEDULE 13G Schedule 13G

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

BALTIC TRADING LTD.

(Name of issuer)

Common Stock, par value $0.01 per share

(Title of class of securities)

Y0553W103

(CUSIP number)

March 12, 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:

¨ Rule 13d-1(b)

x 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 disclosures provided in a prior cover page.

The information required on 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. Y0553W103				Page 2 of 19 Pages
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only) Atlas Master Fund, Ltd. ¹
2	Check the appropriate box if a member of a group* (a) ¨ (b) ¨
3	SEC use only
4	Citizenship or place of organization Cayman Islands
Number of shares beneficially owned by each reporting person with		5	Sole voting power 670,200 (See Item 4)
		6	Shared voting power
		7	Sole dispositive power 670,200 (See Item 4)
		8	Shared dispositive power None
9	Aggregate amount beneficially owned by each reporting person 670,200 (See Item 4)
10	Check box if the aggregate amount in Row (9) excludes certain shares* ¨ Not Applicable
11	Percent of class represented by amount in Row (9) 3.99%
12	Type of reporting person* CO

*SEE INSTRUCTIONS BEFORE FILLING OUT.


CUSIP No. Y0553W103				Page 3 of 19 Pages
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only) Atlas Global, LLC. ²
2	Check the appropriate box if a member of a group* (a) ¨ (b) ¨
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 670,200
		6	Shared voting power None (See Item 4)
		7	Sole dispositive power 670,200
		8	Shared dispositive power None (See Item 4)
9	Aggregate amount beneficially owned by each reporting person 670,200 (See Item 4)
10	Check box if the aggregate amount in Row (9) excludes certain shares* ¨ Not Applicable
11	Percent of class represented by amount in Row (9) 3.99%
12	Type of reporting person* OO

*SEE INSTRUCTIONS BEFORE FILLING OUT.


CUSIP No. Y0553W103				Page 4 of 19 Pages
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only) Atlas Global Investments, Ltd. ³
2	Check the appropriate box if a member of a group* (a) ¨ (b) ¨
3	SEC use only
4	Citizenship or place of organization Cayman Islands
Number of shares beneficially owned by each reporting person with		5	Sole voting power 670,200
		6	Shared voting power None (See Item 4)
		7	Sole dispositive power 670,200
		8	Shared dispositive power None (See Item 4)
9	Aggregate amount beneficially owned by each reporting person 670,200 (See Item 4)
10	Check box if the aggregate amount in Row (9) excludes certain shares* ¨ Not Applicable
11	Percent of class represented by amount in Row (9) 3.99%
12	Type of reporting person* CO

*SEE INSTRUCTIONS BEFORE FILLING OUT.


CUSIP No. Y0553W103				Page 5 of 19 Pages
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only) Atlas Institutional Fund, Ltd. ⁴
2	Check the appropriate box if a member of a group* (a) ¨ (b) ¨
3	SEC use only
4	Citizenship or place of organization Cayman Islands
Number of shares beneficially owned by each reporting person with		5	Sole voting power 670,200
		6	Shared voting power None (See Item 4)
		7	Sole dispositive power 670,200
		8	Shared dispositive power None (See Item 4)
9	Aggregate amount beneficially owned by each reporting person 670,200 (See Item 4)
10	Check box if the aggregate amount in Row (9) excludes certain shares* ¨ Not Applicable
11	Percent of class represented by amount in Row (9) 3.99%
12	Type of reporting person* CO

*SEE INSTRUCTIONS BEFORE FILLING OUT.


CUSIP No. Y0553W103				Page 6 of 19 Pages
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only) Atlas Institutional Fund, LLC ⁵
2	Check the appropriate box if a member of a group* (a) ¨ (b) ¨
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 670,200
		6	Shared voting power None (See Item 4)
		7	Sole dispositive power 670,200
		8	Shared dispositive power None (See Item 4)
9	Aggregate amount beneficially owned by each reporting person 670,200 (See Item 4)
10	Check box if the aggregate amount in Row (9) excludes certain shares* ¨ Not Applicable
11	Percent of class represented by amount in Row (9) 3.99%
12	Type of reporting person* OO

*SEE INSTRUCTIONS BEFORE FILLING OUT.


CUSIP No. Y0553W103				Page 7 of 19 Pages
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only) Atlas Fundamental Trading Master Fund Ltd.
2	Check the appropriate box if a member of a group* (a) ¨ (b) ¨
3	SEC use only
4	Citizenship or place of organization Cayman
Number of shares beneficially owned by each reporting person with		5	Sole voting power 145,248
		6	Shared voting power None (See Item 4)
		7	Sole dispositive power 145,248
		8	Shared dispositive power None (See Item 4)
9	Aggregate amount beneficially owned by each reporting person 145,248 (See Item 4)
10	Check box if the aggregate amount in Row (9) excludes certain shares* ¨ Not Applicable
11	Percent of class represented by amount in Row (9) .57%
12	Type of reporting person* CO

*SEE INSTRUCTIONS BEFORE FILLING OUT.


CUSIP No. Y0553W103				Page 8 of 19 Pages
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only) Atlas Fundamental Trading Fund, L.P.
2	Check the appropriate box if a member of a group* (a) ¨ (b) ¨
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 145,248
		6	Shared voting power None (See Item 4)
		7	Sole dispositive power 145,248
		8	Shared dispositive power None (See Item 4)
9	Aggregate amount beneficially owned by each reporting person 145,248 (See Item 4)
10	Check box if the aggregate amount in Row (9) excludes certain shares* ¨ Not Applicable
11	Percent of class represented by amount in Row (9) .57%
12	Type of reporting person* OO

*SEE INSTRUCTIONS BEFORE FILLING OUT.


CUSIP No. Y0553W103				Page 9 of 19 Pages
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only) Atlas Fundamental Trading Fund, Ltd.
2	Check the appropriate box if a member of a group* (a) ¨ (b) ¨
3	SEC use only
4	Citizenship or place of organization Cayman
Number of shares beneficially owned by each reporting person with		5	Sole voting power 145,248
		6	Shared voting power None (See Item 4)
		7	Sole dispositive power 145,248
		8	Shared dispositive power None (See Item 4)
9	Aggregate amount beneficially owned by each reporting person 145,248 (See Item 4)
10	Check box if the aggregate amount in Row (9) excludes certain shares* ¨ Not Applicable
11	Percent of class represented by amount in Row (9) .57%
12	Type of reporting person* CO

*SEE INSTRUCTIONS BEFORE FILLING OUT.


CUSIP No. Y0553W103				Page 10 of 19 Pages
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only) Atlas Leveraged Fund, L.P.
2	Check the appropriate box if a member of a group* (a) ¨ (b) ¨
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 14,800
		6	Shared voting power None (See Item 4)
		7	Sole dispositive power 14,800
		8	Shared dispositive power None (See Item 4)
9	Aggregate amount beneficially owned by each reporting person 14,800 (See Item 4)
10	Check box if the aggregate amount in Row (9) excludes certain shares* ¨ Not Applicable
11	Percent of class represented by amount in Row (9) .09%
12	Type of reporting person* OO

*SEE INSTRUCTIONS BEFORE FILLING OUT.


CUSIP No. Y0553W103				Page 11 of 19 Pages
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only) Balyasny Dedicated Investor Master Fund, Ltd.
2	Check the appropriate box if a member of a group* (a) ¨ (b) ¨
3	SEC use only
4	Citizenship or place of organization Cayman
Number of shares beneficially owned by each reporting person with		5	Sole voting power 94,752
		6	Shared voting power None (See Item 4)
		7	Sole dispositive power 94,752
		8	Shared dispositive power None (See Item 4)
9	Aggregate amount beneficially owned by each reporting person 94,752 (See Item 4)
10	Check box if the aggregate amount in Row (9) excludes certain shares* ¨ Not Applicable
11	Percent of class represented by amount in Row (9) .57%
12	Type of reporting person* CO

*SEE INSTRUCTIONS BEFORE FILLING OUT.


CUSIP No. Y0553W103				Page 12 of 19 Pages
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only) Balyasny Dedicated Investor Offshore Fund, Ltd.
2	Check the appropriate box if a member of a group* (a) ¨ (b) ¨
3	SEC use only
4	Citizenship or place of organization Cayman
Number of shares beneficially owned by each reporting person with		5	Sole voting power 94,752
		6	Shared voting power None (See Item 4)
		7	Sole dispositive power 94,752
		8	Shared dispositive power None (See Item 4)
9	Aggregate amount beneficially owned by each reporting person 94,752 (See Item 4)
10	Check box if the aggregate amount in Row (9) excludes certain shares* ¨ Not Applicable
11	Percent of class represented by amount in Row (9) .57%
12	Type of reporting person* CO

*SEE INSTRUCTIONS BEFORE FILLING OUT.


CUSIP No. Y0553W103				Page 13 of 19 Pages
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only) Balyasny Dedicated Investor Onshore Fund, L.P.
2	Check the appropriate box if a member of a group* (a) ¨ (b) ¨
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 94,752
		6	Shared voting power None (See Item 4)
		7	Sole dispositive power 94,752
		8	Shared dispositive power None (See Item 4)
9	Aggregate amount beneficially owned by each reporting person 94,752 (See Item 4)
10	Check box if the aggregate amount in Row (9) excludes certain shares* ¨ Not Applicable
11	Percent of class represented by amount in Row (9) .57%
12	Type of reporting person* OO

*SEE INSTRUCTIONS BEFORE FILLING OUT.


CUSIP No. Y0553W103				Page 14 of 19 Pages
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only) Balyasny Asset Management L.P.
2	Check the appropriate box if a member of a group* (a) ¨ (b) ¨
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 (See Item 4)
		6	Shared voting power None
		7	Sole dispositive power 925,000 (See Item 4)
		8	Shared dispositive power None
9	Aggregate amount beneficially owned by each reporting person 925,000 (See Item 4)
10	Check box if the aggregate amount in Row (9) excludes certain shares* ¨ Not Applicable
11	Percent of class represented by amount in Row (9) 5.52%
12	Type of reporting person* OO

*SEE INSTRUCTIONS BEFORE FILLING OUT.


CUSIP No. Y0553W103				Page 15 of 19 Pages
1	Names of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only) Dmitry Balyasny
2	Check the appropriate box if a member of a group* (a) ¨ (b) ¨
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 925,000 (See Item 4)
		6	Shared voting power None
		7	Sole dispositive power 925,000 (See Item 4)
		8	Shared dispositive power None
9	Aggregate amount beneficially owned by each reporting person 925,000 (See Item 4)
10	Check box if the aggregate amount in Row (9) excludes certain shares* ¨ Not Applicable
11	Percent of class represented by amount in Row (9) 5.52%
12	Type of reporting person* IN

*SEE INSTRUCTIONS BEFORE FILLING OUT.

Item 1

(a)

Name of Issuer:

Baltic Trading Ltd. (the “Company”)

(b)

Address of Issuer’s Principal Executive Offices:

299 Park Avenue

20^th Floor

New York, NY 10171

Item 2

(a) – (c)

This statement is filed on behalf of the following:

(1) Atlas Master Fund, LTD., a Cayman Islands corporation (“AMF”), with its principal business office at c/o Walkers SPV Limited, Walker House, P.O. Box 908 GT, George Town, Grand Cayman, Cayman Islands, British West Indies.

(2) Atlas Global, LLC, a Delaware limited liability company (“AG”), with its principal business office at 181 West Madison, Suite 3600, Chicago, IL 60602. AG owns 12.36% of the equity interests in AMF.

(3) Atlas Global Investments, LTD., a Cayman Islands corporation (“AGI”), with its principal business office at c/o Walkers SPV Limited, Walker House, P.O. Box 908 GT, George Town, Grand Cayman, Cayman Islands, British West Indies. AGI owns 74.77% of the equity interests in AMF.

(4) Atlas Institutional Fund, LTD., a Cayman Islands corporation (“AIF LTD”), with its principal business office at c/o Walkers SPV Limited, Walker House, P.O. Box 908 GT, George Town, Grand Cayman, Cayman Islands, British West Indies. AIF, LTD. owns 9.14% of the equity interests in AMF.

(5) Atlas Institutional Fund, LLC, a Delaware limited liability company (“AIF LLC”), with its principal business office at 181 West Madison, Suite 3600, Chicago, IL 60602. AIF, LLC owns 1.73% of the equity interests in AMF.

(6) Atlas Fundamental Trading Master Fund Ltd., a Cayman Islands corporation (“AFT Master”), with its principal business office at c/o Walkers SPV Limited, Walker House, P.O. Box 908 GT, George Town, Grand Cayman, Cayman Islands, British West Indies.

(7) Atlas Fundamental Trading Fund, LP., a Delaware limited liability company (“AFT LP”), with its principal business office at 181 West Madison, Suite 3600, Chicago, IL 60602. AFT LP owns 15.76% of the equity interests in AFT Master.

(8) Atlas Fundamental Trading Fund, LTD., a Cayman Islands corporation (“AFT LTD”), with its principal business office at c/o Walkers SPV Limited, Walker House, P.O. Box 908 GT, George Town, Grand Cayman, Cayman Islands, British West Indies. AFT LTD owns 84.17% of the equity interests in AFT Master.

(9) Atlas Leveraged Fund, L.P. is a Delaware limited liability company (“ALF”), with its principal business office at 181 West Madison, Suite 3600, Chicago, IL 60602.

(10) Balyasny Dedicated Investor Master Fund, LTD., a Cayman Islands corporation (“BDI Master”), with its principal business office at c/o Walkers SPV Limited, Walker House, P.O. Box 908 GT, George Town, Grand Cayman, Cayman Islands, British West Indies.

(11) Balyasny Dedicated Investor Offshore Fund, LTD., a Cayman Islands corporation (“BDI LTD”), with its principal business office at c/o Walkers SPV Limited, Walker House, P.O. Box 908 GT, George Town, Grand Cayman, Cayman Islands, British West Indies. BDI LTD owns 72.38% of the equity interests in BDI Master.

(12) Balyasny Dedicated Investor Onshore Fund, LP., a Delaware limited liability company (“BDI LP”), with its principal business office at 181 West Madison, Suite 3600, Chicago, IL 60602. BDI LP owns 27.59% of the equity interests in BDI Master.

(13) Balyasny Asset Management L.P., a Delaware limited partnership (“BAM”), with its principal business office at 181 West Madison, Suite 3600, Chicago, IL 60602. BAM is the investment manager to each of AMF, AG, AGI, AIF LTD, AIF LLC, AFT MASTER, AFT LP, AFT LTD, ALF, BDI MASTER, BDI LTD, and BDI LP.

(14) Dmitry Balyasny, a United States citizen whose business address is 181 West Madison, Suite 3600, Chicago, IL 60602. Dmitry Balyasny is the sole managing member of the general partner of BAM.

(d)

Title of Class of Securities:

Common Stock, Par Value $0.01 per Share

(e)

CUSIP Number:

Y0553W103

Item 3

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

Page 16 of 19 Pages


Item 4	Ownership:

	AMF⁶

	(a)	Amount Beneficially Owned: 670,200

	(b)	Percent of Class: 3.99%

	(c)	Number of Shares as to which person has:

		(i)	sole power to vote or to direct vote: 670,200

		(ii)	shared power to vote or to direct vote: None

		(iii)	sole power to dispose or direct disposition of: 670,200

		(iv)	shared power to dispose or to direct disposition of: None

		AG

	(a)	Amount Beneficially Owned:

		By virtue of its ownership of 12.36% of the equity interest in AMF, AG may be deemed to beneficially own the 670,200 shares of the Company’s Common Stock beneficially owned by AMF.

		670,200

	(b)	Percent of Class:

		3.99%

	(c)	Number of Shares as to which person has:

		(i)	sole power to vote or to direct vote: 670,200

		(ii)	shared power to vote or to direct vote: None

		(iii)	sole power to dispose or direct disposition of: 670,200

		(iv)	shared power to dispose or to direct disposition of: None

		AGI

	(a)	Amount Beneficially Owned:

		By virtue of its ownership of 74.77% of the equity interest in AMF, AGI may be deemed to beneficially own the 670,200 shares of the Company’s Common Stock beneficially owned by AMF.

		670,200

	(b)	Percent of Class:

		3.99%

	(c)	Number of Shares as to which person has:

		(i)	sole power to vote or to direct vote: 670,200

		(ii)	shared power to vote or to direct vote: None

		(iii)	sole power to dispose or direct disposition of: 670,200

		(iv)	shared power to dispose or to direct disposition of: None

	AIF, LTD

	(a)	Amount Beneficially Owned:

		By virtue of its ownership of 9.14% of the equity interest in AMF, AIF LTD may be deemed to beneficially own the 670,200 shares of the Company’s Common Stock beneficially owned by AMF.

		670,200

	(b)	Percent of Class:

		3.99%

	(c)	Number of Shares as to which person has:

		(i)	sole power to vote or to direct vote: 670,200

		(ii)	shared power to vote or to direct vote: None

		(iii)	sole power to dispose or direct disposition of: 670,200

		(iv)	shared power to dispose or to direct disposition of: None

	AIF, LLC

	(a)	Amount Beneficially Owned:

		By virtue of its ownership of 1.73% of the equity interest in AMF, AIF, LLC may be deemed to beneficially own the 670,200 shares of the Company’s Common Stock beneficially owned by AMF.

		670,200

	(b)	Percent of Class:

		3.99%

	(c)	Number of Shares as to which person has:

		(i)	sole power to vote or to direct vote: 670,200

		(ii)	shared power to vote or to direct vote: None

		(iii)	sole power to dispose or direct disposition of: 670,200

		(iv)	shared power to dispose or to direct disposition of: None

	AFT MASTER

	(a)	Amount Beneficially Owned:

		145,248

	(b)	Percent of Class:

		.57%

	(c)	Number of Shares as to which person has:

		(i)	sole power to vote or to direct vote: 145,248

		(ii)	shared power to vote or to direct vote: None

		(iii)	sole power to dispose or direct disposition of: 145,248

		(iv)	shared power to dispose or to direct disposition of: None

	AFT LP

	(a)	Amount Beneficially Owned:

		By virtue of its ownership of 15.76% of the equity interest in AFT MASTER, AFT LP may be deemed to beneficially own the 145,248 shares of the Company’s Common Stock beneficially owned by AFT MASTER.

		145,248

	(b)	Percent of Class:

		.57%

	(c)	Number of Shares as to which person has:

		(i)	sole power to vote or to direct vote: 145,248

		(ii)	shared power to vote or to direct vote: None

		(iii)	sole power to dispose or direct disposition of: 145,248

		(iv)	shared power to dispose or to direct disposition of: None

	AFT LTD

	(a)	Amount Beneficially Owned:

		By virtue of its ownership of 84.17% of the equity interest in AFT MASTER, AFT LTD may be deemed to beneficially own the 145,248 shares of the Company’s Common Stock beneficially owned by AFT MASTER.

		145,248

	(b)	Percent of Class:

		.57%

	(c)	Number of Shares as to which person has:

		(i)	sole power to vote or to direct vote: 145,248

		(ii)	shared power to vote or to direct vote: None

		(iii)	sole power to dispose or direct disposition of: 145,248

		(iv)	shared power to dispose or to direct disposition of: None

	ALF

	(a)	Amount Beneficially Owned:

		14,800

	(b)	Percent of Class:

		.09%

	(c)	Number of Shares as to which person has:

		(i)	sole power to vote or to direct vote: 14,800

		(ii)	shared power to vote or to direct vote: None

		(iii)	sole power to dispose or direct disposition of: 14,800

		(iv)	shared power to dispose or to direct disposition of: None

	BDI MASTER

	(a)	Amount Beneficially Owned:

		94,752

	(b)	Percent of Class:

		.57%

	(c)	Number of Shares as to which person has:

		(i)	sole power to vote or to direct vote: 94,752

		(ii)	shared power to vote or to direct vote: None

		(iii)	sole power to dispose or direct disposition of: 94,752

		(iv)	shared power to dispose or to direct disposition of: None

	BDI LTD

	(a)	Amount Beneficially Owned:

		By virtue of its ownership of 72.38% of the equity interest in BDI MASTER, BDI LTD may be deemed to beneficially own the 94,752 shares of the Company’s Common Stock beneficially owned by BDI MASTER.

		94,752

	(b)	Percent of Class:

		.57%

	(c)	Number of Shares as to which person has:

		(i)	sole power to vote or to direct vote: 94,752

		(ii)	shared power to vote or to direct vote: None

		(iii)	sole power to dispose or direct disposition of: 94,752

		(iv)	shared power to dispose or to direct disposition of: None

	BDI LP

	(a)	Amount Beneficially Owned:

		By virtue of its ownership of 27.59% of the equity interest in BDI MASTER, BDI LP may be deemed to beneficially own the 94,752 shares of the Company’s Common Stock beneficially owned by BDI MASTER.

		94,752

	(b)	Percent of Class:

		.57%

	(c)	Number of Shares as to which person has:

		(i)	sole power to vote or to direct vote: 94,752

		(ii)	shared power to vote or to direct vote: None

		(iii)	sole power to dispose or direct disposition of: 94,752

		(iv)	shared power to dispose or to direct disposition of: None

	BAM

	(a)	Amount Beneficially Owned:

		By virtue of its position as investment manager to each of AMF, AG, AGI, AIF LTD, AIF LLC, AFT MASTER, AFT LP, AFT LTD, ALF, BDI MASTER, BDI LTD, and BDI LP, BAM may be deemed to beneficially own the 925,000 shares of the Company’s Common Stock beneficially owned by AMF, AG, AGI, AIF LTD, AIF LLC, AFT MASTER, AFT LP, AFT LTD, ALF, BDI MASTER, BDI LTD, and BDI LP.

		925,000

	(b)	Percent of Class:

		5.52%

	(c)	Number of Shares as to which person has:

		(i)	sole power to vote or to direct vote: 925,000

		(ii)	shared power to vote or to direct vote: None

		(iii)	sole power to dispose or direct disposition of: 925,000

		(iv)	shared power to dispose or to direct disposition of: None

	Dmitry Balyasny

	(a)	Amount Beneficially Owned:

		By virtue of his position as the sole managing member of the general partner of BAM, Mr. Balyasny may be deemed to beneficially own the 925,000 shares of the Company’s Common Stock beneficially owned by BAM.

		925,000

	(b)	Percent of Class:

		5.52%

	(c)	Number of Shares as to which person has:

		(i)	sole power to vote or to direct vote: 925,000

		(ii)	shared power to vote or to direct vote: None

		(iii)	sole power to dispose or direct disposition of: 925,000

		(iv)	shared power to dispose or to direct disposition of: None

Item 5	Ownership of Five Percent or Less of a Class:

	Applicable

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:

	Not Applicable

Item 8	Identification and Classification of Members of the Group:

	Not Applicable

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 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.

Page 17 of 19 Pages

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: March 22, 2010.


ATLAS MASTER FUND, LTD		ATLAS FUNDAMENTAL TRADING FUND LTD

By:	/s/ Scott Schroeder	By:	/s/ Scott Schroeder
	Scott Schroeder		Scott Schroeder
	Authorized Signatory		Authorized Signatory

ATLAS GLOBAL, LLC		ATLAS LEVERAGED FUND, LP

By:	/s/ Scott Schroeder	By:	/s/ Scott Schroeder
	Scott Schroeder		Scott Schroeder
	Authorized Signatory		Authorized Signatory

ATLAS GLOBAL INVESTMENTS, LTD		ATLAS INSTITUTIONAL FUND, LTD

By:	/s/ Scott Schroeder	By:	/s/ Scott Schroeder
	Scott Schroeder		Scott Schroeder
	Authorized Signatory		Authorized Signatory

ATLAS INSTITUTIONAL FUND, LLC		BALYASNY DEDICATED INVESTOR MASTER FUND, LTD

By:	/s/ Scott Schroeder	By:	/s/ Scott Schroeder
	Scott Schroeder		Scott Schroeder
	Authorized Signatory		Authorized Signatory

Page 18 of 19 Pages


ATLAS FUNDAMENTAL TRADING MASTER FUND, LTD		BALYASNY DEDICATED INVESTOR OFFSHORE FUND, LTD

By:	/s/ Scott Schroeder	By:	/s/ Scott Schroeder
	Scott Schroeder		Scott Schroeder
	Authorized Signatory		Authorized Signatory

ATLAS FUNDAMENTAL TRADING FUND, LP		BALYASNY DEDICATED INVESTOR ONSHORE FUND, LTD

By:	/s/ Scott Schroeder	By:	/s/ Scott Schroeder
	Scott Schroeder		Scott Schroeder
	Authorized Signatory		Authorized Representative and Executive Officer

DMITRY BALYASNY		BALYASNY ASSET MANAGEMENT, L.P.

By:	/s/ Scott Schroeder	By:	/s/ Scott Schroeder
	Scott Schroeder		Scott Schroeder
	Authorized Signatory		Authorized Signatory

Page 19 of 19 Pages

-----END PRIVACY-ENHANCED MESSAGE-----