-----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, FRo7n+dI7XThW/dbOuNzWbLDcWosUncjqlqWkKxTKOfzg1hyu/PtXozD/UYnW9/w t9Of593KE17/WV8hDl5a4g== 0001144204-10-056787.txt : 20101102 0001144204-10-056787.hdr.sgml : 20101102 20101102083702 ACCESSION NUMBER: 0001144204-10-056787 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20101102 DATE AS OF CHANGE: 20101102 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DARA BioSciences, Inc. CENTRAL INDEX KEY: 0000919745 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 043216862 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-48323 FILM NUMBER: 101156512 BUSINESS ADDRESS: STREET 1: 8601 SIX FORKS ROAD SUITE 160 CITY: RALEIGH STATE: NC ZIP: 27615 BUSINESS PHONE: 919-861-0202 MAIL ADDRESS: STREET 1: 8601 SIX FORKS ROAD SUITE 160 CITY: RALEIGH STATE: NC ZIP: 27615 FORMER COMPANY: FORMER CONFORMED NAME: DARA BIOSCIENCES INC DATE OF NAME CHANGE: 20080211 FORMER COMPANY: FORMER CONFORMED NAME: POINT THERAPEUTICS INC DATE OF NAME CHANGE: 20020328 FORMER COMPANY: FORMER CONFORMED NAME: HMSR INC DATE OF NAME CHANGE: 20010618 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GRQ Consultants, Inc. 401K CENTRAL INDEX KEY: 0001504698 IRS NUMBER: 010817758 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 595 S. FEDERAL HIGHWAY STREET 2: SUITE: 600 CITY: BOCA RATON STATE: FL ZIP: 33432 BUSINESS PHONE: 561-302-2287 MAIL ADDRESS: STREET 1: 595 S. FEDERAL HIGHWAY STREET 2: SUITE: 600 CITY: BOCA RATON STATE: FL ZIP: 33432 SC 13G 1 v200411_sc13g.htm

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. )*

DARA BioSciences, Inc.
(Name of Issuer)

Common Stock
(Title of Class of Securities)

23703P106
(CUSIP Number)

October 24, 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 the disclosures provided in a prior cover page.
 
The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 
 

 

CUSIP No. 23703P106
13G
Page 2 of 4 Pages

1
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
GRQ Consultants, Inc. 401K
   
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 of America
   
 
5
SOLE VOTING POWER
                      
NUMBER OF
 
306,333
SHARES
6
SHARED VOTING POWER
BENEFICIALLY
   
OWNED BY
   
EACH
7
SOLE DISPOSITIVE POWER
REPORTING
   
PERSON
 
306,333
WITH
8
SHARED DISPOSITIVE POWER
     
     
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
 
306,333 (1)
   
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
 
¨  
   
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.3% (2)
   
12
TYPE OF REPORTING PERSON*
 
OO - Other
   

 
(1)
Does not include 153,167 shares issuable upon the exercise of warrants of which the exercisability is subject to a 4.99% beneficial ownership limitation.
 
(2)
Based on 3,676,004 shares outstanding.

 
 

 

CUSIP No. 23703P106
13G
Page 3 of 4 Pages

Item 1.

(a)
Name of Issuer: DARA BioSciences, Inc.
(b)
Address of Issuer’s Principal Executive Offices: 8601 Six Forks Road, Suite 160, Raleigh, North Carolina 27615

Item 2.

(a)
Name of Person Filing: GRQ Consultants, Inc. 401K
(b)
Address of Principal Business Office: 4400 Biscayne Boulevard, Suite 850, Miami, FL  33137
(c)
Citizenship: United States of America
(d)
Title of Class of Securities: Common Stock
(e)
CUSIP Number: 23703P106

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:

Not Applicable.

Item 4.
Ownership.

See Item 5 through 9 and 11 of cover page.

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

Not 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 or Control Person.

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.
Certifications

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 have that purpose or effect.

 
 

 

CUSIP No. 23703P106
13G
Page 4 of 4 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: October 27, 2010

 
GRQ CONSULTANTS, INC. 401K
   
 
/s/ Barry Honig
 
Barry Honig, Trustee

 
 

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