SONAMOBILE13G

-----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, VOJdTwxOjvNObaFChk2B5sIbPZN/CTsMfb1d+A7/JGQfoUGROX6098woScZLhAkz AgfCE2kFf4j4buEUrv76bA== 0000935836-06-000242.txt : 20060717 0000935836-06-000242.hdr.sgml : 20060717 20060714175040 ACCESSION NUMBER: 0000935836-06-000242 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060717 DATE AS OF CHANGE: 20060714 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MARTIN STEVEN L CENTRAL INDEX KEY: 0001331865 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: BUSINESS PHONE: 212-521-5110 MAIL ADDRESS: STREET 1: 153 EAST 53RD STREET STREET 2: 26TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SONA MOBILE HOLDINGS CORP CENTRAL INDEX KEY: 0000719662 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 953087593 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-35606 FILM NUMBER: 06963405 BUSINESS ADDRESS: STREET 1: 825 THIRD AVENUE STREET 2: 32ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2124868887 MAIL ADDRESS: STREET 1: 825 THIRD AVENUE STREET 2: 32ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 FORMER COMPANY: FORMER CONFORMED NAME: PERFECTDATA CORP DATE OF NAME CHANGE: 19920703 SC 13G 1 sonamobile13g.htm SONAMOBILE13G

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

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SCHEDULE 13G

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

Sona Mobile Holdings Corp.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

83540T109

(CUSIP Number)

July 7, 2006

(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).

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.

1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).

Steven L. Martin

2. Check the Appropriate Box if a Member of a Group (See Instructions)

(a) ______

(b) ___X___

3. SEC Use Only

4. Citizenship or Place of Organization U.S.A.

Number of Shares Beneficially Owned by Each Reporting Person With:	5. Sole Voting Power 1,072,361
	6. Shared Voting Power 3,613,333
	7. Sole Dispositive Power 1,072,361
	8. Shared Dispositive Power 3,613,333

9. Aggregate Amount Beneficially Owned by Each Reporting Person 4,685,694

10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) ______

11. Percent of Class Represented by Amount in Row (9) 7.9 %

12. Type of Reporting Person (See Instructions)

IN

HC

1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).

Slater Capital Management, L.L.C.

2. Check the Appropriate Box if a Member of a Group (See Instructions)

(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 3,613,333
	7. Sole Dispositive Power 0
	8. Shared Dispositive Power 3,613,333

9. Aggregate Amount Beneficially Owned by Each Reporting Person 3,613,333

10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) ______

11. Percent of Class Represented by Amount in Row (9) 6.1 %

12. Type of Reporting Person (See Instructions)

OO

IA

1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).

Slater Asset Management, L.L.C.

2. Check the Appropriate Box if a Member of a Group (See Instructions)

(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 3,613,333
	7. Sole Dispositive Power 0
	8. Shared Dispositive Power 3,613,333

9. Aggregate Amount Beneficially Owned by Each Reporting Person 3,613,333

10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) ______

11. Percent of Class Represented by Amount in Row (9) 6.1 %

12. Type of Reporting Person (See Instructions)

OO

HC

Item 1.

(a) Name of Issuer

Sona Mobile Holdings Corp.

(b) Address of Issuer's Principal Executive Offices

825 Third Avenue
New York, NY 10022

Item 2.

(a) The names of the persons filing this statement are:

Steven L. Martin
Slater Capital Management, L.L.C. ("SCM")
Slater Asset Management, L.L.C. ("SAM")

(collectively, the "Filers").

(b) The principal business office of the Filers is located at:

825 Third Avenue, 33rd Floor, New York, New York 10022

(d) This statement relates to shares of common stock of the Issuer (the "Stock").

(e) The CUSIP number of the Issuer is: 83540T109

Item 3. If this statement is filed pursuant to rule 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 (15 U.S.C. 78o).

(b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

(e) [ ] An investment adviser in accordance with section 240.13d-1(b)(1)(ii)(E).

(f) [ ] An employee benefit plan or endowment fund in accordance with section 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 (12 U.S.C. 1813).

(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 (15 U.S.C. 80a-3).

(j) [ ] Group, in accordance with section 240.13d-1(b)(1)(ii)(J).

Item 4. Ownership.

See Items 5-9 and 11 of the cover page for each Filer.

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 [ ].

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

SCM is an investment adviser whose clients have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Stock. No individual client's holdings of the Stock are more than five percent of the outstanding Stock.

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.

SAM is the general partner of investment limited partnerships pursuant to agreements of limited partnership. SCM is the investment adviser to those partnerships and another investment fund pursuant to investment advisory agreements. Those agreements of limited partnership and investment advisory agreements give SAM and SCM the authority, among other things, to invest the funds of those partnerships and the other fund in the Stock, to vote and dispose of Stock and to file this statement on behalf of those accounts. Pursuant to the agreements of limited partnership, SAM is entitled to allocations based on assets under management and realized and unrealized gains from the partnerships. Each of Mr. Martin, SCM and SAM disclaim beneficial ownership of the Stock except to the extent of their beneficial ownership therein.

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.

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.

Dated: July 14, 2006

SLATER ASSET MANAGEMENT, L.L.C. By: /s/ Steven L. Martin, Manager	SLATER CAPITAL MANAGEMENT, L.L.C. By: /s/ Steven L. Martin, Manager

/s/ Steven L. Martin

EXHIBIT A

AGREEMENT REGARDING JOINT FILING

OF STATEMENT ON SCHEDULE 13D OR 13G

The undersigned agree to file jointly with the Securities and Exchange Commission (the "SEC") any and all statements on Schedule 13D or Schedule 13G (and any amendments or supplements thereto) required under section 13(d) of the Securities Exchange Act of 1934, as amended, in connection with purchases by the undersigned of the securities of any issuer. For that purpose, the undersigned hereby constitute and appoint Slater Capital Management, L.L.C., a Delaware limited liability company, as their true and lawful agent and attorney-in-fact, with full power and authority for and on behalf of the undersigned to prepare or cause to be prepared, sign, file with the SEC and furnish to any other person all certificates, instruments, agreements and documents necessary to comply with section 13(d) and section 16(a) of the Securities Exchange Act of 1934, as amended, in connection with said purchases, and to do and perform every act necessary and proper to be done incident to the exercise of the for egoing power, as fully as the undersigned might or could do if personally present.

Dated: July 14, 2006

SLATER ASSET MANAGEMENT, L.L.C. By: /s/ Steven L. Martin, Manager	SLATER CAPITAL MANAGEMENT, L.L.C. By: /s/ Steven L. Martin, Manager

/s/ Steven L. Martin

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