X0201 42003-12-11 0001046032 IMAGEMAX INC IMAG 0000899285 TDH III L P 259 N. RADNOR-CHESTER RD RADNOR PA 19087 0010Common Stock2003-12-114X02240000.064A2240000DStock Subscription Warrant.0642003-12-114X02240000.064D2005-12-11Common Stock22400000DThe Stock Subscription Warrant became exercisable on 12/11/03 upon the issuer's failure to pay the Partially Convertible Subordinated Note due 2/15/2004 upon demand by the holder.TDH III Partners, L.P., the general partner of TDH III, L.P., by J.B. Doherty, the managing partner of TDH III Partners, L.P.2003-12-15