X0202 3 2008-03-17 0 0001423244 SRKP 27 INC NONE 0001283175 RAPPAPORT RICHARD 1900 AVENUE OF THE STARS SUITE 310 LOS ANGELES CA 90067 1 1 1 0 President Common Stock, par value $.0001 per share (the"Common Stock") 1099938 D Common Stock 319338 I See Footnote Common Stock 319338 I See Footnote Common Stock 2773979 I See Footnote Warrant to Purchase Common Stock .0001 2007-12-17 2017-12-17 Common Stock 1099938 D Warrant to Purchase Common Stock .0001 2007-12-17 2017-12-17 Common Stock 319338 I See Footnote Warrant to Purchase Common Stock .0001 2007-12-17 2017-12-17 Common Stock 319338 I See Footnote Warrant to Purchase Common Stock .0001 2007-12-17 2017-12-17 Common Stock 2773979 I See Footnote Includes 319,338 shares of Common Stock owned by the Amanda Rappaport Trust (the "Amanda Trust"). Mr. Rappaport, as Trustee of the Amanda Trust, may be deemed the indirect beneficial owner of these shares of Common Stock since he has sole voting and investment control over the shares. Includes 319,338 shares of Common Stock owned by the Kailey Rappaport Trust (the "Kailey Trust"). Mr. Rappaport, as Trustee of the Kailey Trust, may be deemed the indirect beneficial owner of these shares of Common Stock since he has sole voting and investment control over the shares. Includes 2,773,979 shares of Common Stock owned by WestPark Capital Financial Services, LLC ("WestPark LLC"). Mr. Rappaport, as Chief Executive Officer ("CEO") and Chairman of WestPark LLC, may be deemed the indirect beneficial owner of these shares of Common Stock since he has sole voting and investment control over the shares. The Warrant expires on or prior to the close of business on the earlier of (i) December 17, 2017 or (ii) five years from the date the Issuer consummates a merger or other business combination with an operating business or any other event pursuant to which the Issuer ceases to be a "shell company," as defined by Rule 12b-2 under the Securities Exchange Act of 1934 and a "blank check company," as defined by Rule 419 of the Securities Act of 1933. Includes a warrant to purchase 319,338 shares of Common Stock owned by the Amanda Trust. Mr. Rappaport, as Trustee of the Amanda Trust, may be deemed the indirect beneficial owner of these securities since he has sole voting and investment control over the securities. Includes a warrant to purchase 319,338 shares of Common Stock owned by the Kailey Trust. Mr. Rappaport, as Trustee of the Kailey Trust, may be deemed the indirect beneficial owner of these securities since he has sole voting and investment control over the securities. Includes a warrant to purchase 2,773,979 shares of Common Stock owned by WestPark LLC. Mr. Rappaport, as CEO and Chairman of WestPark LLC, may be deemed the indirect beneficial owner of these securities since he has sole voting and investment control over the securities. /s/ Richard A. Rappaport 2008-03-17