X0202 4 2007-11-08 0001333763 Chelsea Therapeutics International, Ltd. CHTP 0000932267 AUSTIN JOSIAH T 4673 CHRISTOPHER PLACE DALLAS TX 75204 0 0 1 0 0001319763 El Coronado Holdings, LLC 4673 CHRISTOPHER PLACE DALLAS TX 75204 0 0 1 0 Common Stock 2007-11-08 4 P 0 247885 6.62 A 4324281 I As Managing Member of El Coronado Holdings, LLC Common Stock Warrants (right to buy) 4.20 2011-02-13 Common Stock 113442 113442 I As Managing Member of El Coronado Holdings, LLC Common Stock Warrants (right to buy) 4.20 2011-02-13 Common Stock 6558 6558 I As Managing Member of El Coronado Holdings, LLC Common Stock Warrants (right to buy) 5.66 2012-03-22 Common Stock 430614 430614 I As Managing Member of El Coronado Holdings, LLC Purchase pursuant to a Subscription Agreement, dated November 2, 2007, and in connection with the registered direct offering pursuant to an effective Registration Statement on Form S-3 under Registration Statement No. 333-146422 (the "Offering"). The Offering was consummated on November 8, 2007. Immediately. This report is filed jointly on behalf of Mr. Austin and El Coronado Holdings, LLC ("ECH"), an Arizona limited liability company of which Mr. Austin is the sole managing member. The address of ECH is 4673 Christopher Place, Dallas, TX 75204. ECH owns directly 4,250,945 shares of common stock identified in Table I. /s/ Josiah T. Austin, Individually, and as Managing Member of El Coronado Holdings, LLC 2007-11-13