SC 13D/A 1 v127656_sc13da.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D/A

Amendment No. 1

Under the Securities Exchange Act of 1934

NOBEL LEARNING COMMUNITIES, INC.
(Name of Issuer)
 
Common Stock, $0.001 par value per share
(Title of Class of Securities)
 
654889104
(CUSIP Number)
 
 
Wynnefield Partners Small Cap Value, L.P.
450 Seventh Avenue, Suite 509
New York, New York 10123
Attention: Mr. Nelson Obus
 
Copy to:
Jeffrey S. Tullman, Esq.
Kane Kessler, P.C.
1350 Avenue of the Americas, 26th Floor
New York, New York 10019
(212) 541-6222
 
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

September 29, 2008
(Date of Event which requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box £

 
CUSIP No. 654889104
13D/A
Page 1 of 13 Pages

1
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Wynnefield Partners Small Cap Value, L.P. 13-3688497
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) o
(b) x
3
SEC USE ONLY
 
4
SOURCE OF FUNDS (See Instructions)
 
WC
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER 
 
409,250 (See Item 5)
8
SHARED VOTING POWER
 
0
9
SOLE DISPOSITIVE POWER 
 
409,250 (See Item 5)
10
SHARED DISPOSITIVE POWER
 
0
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
409,250 (See Item 5)
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.9%
14
TYPE OF REPORTING PERSON (See Instructions)
 
PN
 
 
CUSIP No. 654889104
13D/A
Page 2 of 13 Pages

1
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Wynnefield Partners Small Cap Value L.P. I 13-3953291
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) o
(b) x
3
SEC USE ONLY
 
4
SOURCE OF FUNDS (See Instructions)
 
WC
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER 
 
500,850 (See Item 5)
8
SHARED VOTING POWER
 
0   
9
SOLE DISPOSITIVE POWER 
 
500,850 (See Item 5)
10
SHARED DISPOSITIVE POWER
 
0
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
500,850 (See Item 5)
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.8%
14
TYPE OF REPORTING PERSON (See Instructions)
 
PN


 
CUSIP No. 654889104
13D/A
Page 3 of 13 Pages

1
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Wynnefield Small Cap Value Offshore Fund, Ltd. (No IRS Identification No.)
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) o
(b) x
3
SEC USE ONLY
4
SOURCE OF FUNDS (See Instructions)
 
WC
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Cayman Islands
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER 
 
361,192  (See Item 5)
8
SHARED VOTING POWER
 
0
9
SOLE DISPOSITIVE POWER 
 
361,192  (See Item 5)
10
SHARED DISPOSITIVE POWER
 
0
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
361,192  (See Item 5)
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.5%
14
TYPE OF REPORTING PERSON (See Instructions)
 
CO
 
 
CUSIP No. 654889104
13D/A
Page 4 of 13 Pages

1
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Channel Partnership II, L.P. 22-3215653
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) o
(b) x
3
SEC USE ONLY
4
SOURCE OF FUNDS (See Instructions)
 
WC
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
New York
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER 
 
19,200  (See Item 5)
8
SHARED VOTING POWER
 
0
9
SOLE DISPOSITIVE POWER 
 
19,200  (See Item 5)
10
SHARED DISPOSITIVE POWER
 
0
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
19,200  (See Item 5)
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.2%
14
TYPE OF REPORTING PERSON (See Instructions)
 
PN
 

CUSIP No. 654889104
13D/A
Page 5 of 13 Pages

1
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Wynnefield Capital, Inc. Profit Sharing Plan, Inc.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) o
(b) x
3
SEC USE ONLY
4
SOURCE OF FUNDS (See Instructions)
 
WC
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER 
 
16,900  (See Item 5)
8
SHARED VOTING POWER
 
0
9
SOLE DISPOSITIVE POWER 
 
16,900  (See Item 5)
10
SHARED DISPOSITIVE POWER
 
0
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
16,900  (See Item 5)
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.2%
14
TYPE OF REPORTING PERSON (See Instructions)
 
CO
 

CUSIP No. 654889104
13D/A
Page 6 of 13 Pages

1
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Wynnefield Capital Management, LLC 13-4018186
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) o
(b) x
3
SEC USE ONLY
4
SOURCE OF FUNDS (See Instructions)
 
AF
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
New York
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER 
 
910,100 (1) (See Item 5)
8
SHARED VOTING POWER
 
0   
9
SOLE DISPOSITIVE POWER 
 
910,100 (1) (See Item 5)
10
SHARED DISPOSITIVE POWER
 
0
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
910,100 (1) (See Item 5)
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.7%
14
TYPE OF REPORTING PERSON (See Instructions)
 
OO
(1) Wynnefield Capital Management, LLC holds an indirect beneficial interest in these shares which are directly beneficially owned by Wynnefield Partners Small Cap Value, L.P. and Wynnefield Partners Small Cap Value, L.P. I.
 

CUSIP No. 654889104
13D/A
Page 7 of 13 Pages

1
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Wynnefield Capital, Inc. 13-3688495
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) o
(b) x
3
SEC USE ONLY
4
SOURCE OF FUNDS (See Instructions)
 
AF
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER 
 
361,192 (1) (See Item 5)
8
SHARED VOTING POWER
 
0  
9
SOLE DISPOSITIVE POWER 
 
361,192 (1) (See Item 5)
10
SHARED DISPOSITIVE POWER
 
0   
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
361,192 (1) (See Item 5)
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.5 %
14
TYPE OF REPORTING PERSON (See Instructions)
 
CO
(1) Wynnefield Capital, Inc. holds an indirect beneficial interest in these shares which are directly beneficially owned by Wynnefield Small Cap Value Offshore Fund, Ltd.
 

CUSIP No. 654889104
13D/A
Page 8 of 13 Pages

1
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Nelson Obus
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) o
(b) x
3
SEC USE ONLY
4
SOURCE OF FUNDS (See Instructions)
 
AF
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
United States
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER 
 
0
8
SHARED VOTING POWER
 
1,307,392 (1) (See Item 5)
9
SOLE DISPOSITIVE POWER 
 
0
10
SHARED DISPOSITIVE POWER
 
1,307,392 (1) (See Item 5)
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,307,392 (1) (See Item 5)
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.5%
14
TYPE OF REPORTING PERSON (See Instructions)
 
IN
(1) Mr. Obus may be deemed to hold an indirect beneficial interest in these shares, which are directly beneficially owned by Wynnefield Partners Small Cap Value, L.P., Wynnefield Partners Small Cap Value, L.P. I, Wynnefield Small Cap Value Offshore Fund, Ltd., Channel Partnership II, L.P. and Wynnefield Capital, Inc. Profit Sharing Plan because he is a co-managing member of Wynnefield Capital Management, LLC, a principal executive officer of Wynnefield Capital, Inc. (the investment manager of Wynnefield Small Cap Value Offshore Fund), the general partner of Channel Partnership II, L.P. and the portfolio manager of Wynnefield Capital, Inc. Profit Sharing Plan. The filing of this Statement and any future amendment by Mr. Obus, and the inclusion of information herein and therein with respect to Mr. Obus, shall not be considered an admission that he, for the purpose of Section 16(b) of the Exchange Act, is the beneficial owner of any shares in which he does not have a pecuniary interest. Mr. Obus disclaims any beneficial ownership of the shares of Common Stock covered by this Statement.
 
 
CUSIP No. 654889104
13D/A
Page 9 of 13 Pages

1
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Joshua Landes
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) o
(b) x
3
SEC USE ONLY
4
SOURCE OF FUNDS (See Instructions)
 
AF
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
United States
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER 
 
0
8
SHARED VOTING POWER
 
1,271,292 (1) (See Item 5)
9
SOLE DISPOSITIVE POWER 
 
0
10
SHARED DISPOSITIVE POWER
 
1,271,292 (1) (See Item 5)
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,271,292 (1) (See Item 5)
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.2%
14
TYPE OF REPORTING PERSON (See Instructions)
 
IN
(1) Mr. Landes may be deemed to hold an indirect beneficial interest in these shares, which are directly beneficially owned by Wynnefield Partners Small Cap Value, L.P., Wynnefield Partners Small Cap Value, L.P. I, and Wynnefield Small Cap Value Offshore Fund, Ltd., because he is a co-managing member of Wynnefield Capital Management, LLC and a principal executive officer of Wynnefield Capital, Inc. (the investment manager of Wynnefield Small Cap Value Offshore Fund, Ltd.). The filing of this Statement and any future amendment by Mr. Landes, and the inclusion of information herein and therein with respect to Mr. Landes, shall not be considered an admission that he, for the purpose of Section 16(b) of the Exchange Act, is the beneficial owner of any shares in which he does not have a pecuniary interest. Mr. Landes disclaims any beneficial ownership of the shares of Common Stock covered by this Statement.

 
CUSIP No. 654889104
13D/A
Page 10 of 13 Pages
 
Item 1. Security and Issuer.

This Amendment No. 1 (the “Amendment”) amends the Schedule 13D originally filed with the Securities and Exchange Commission on July 18, 2008 (the “Statement”) by the Wynnefield Reporting Persons (as defined) with respect to shares of common stock, par value $0.001 per share (the “Common Stock”) of Nobel Learning Communities, Inc., a Delaware corporation (the “Issuer”), whose principal executive offices are located at 1615 W Chester Pike, Suite 200, West Chester, Pennsylvania 19382-6223. Unless specifically amended hereby, the disclosures set forth in the Statement shall remain unchanged. Capitalized terms used but not otherwise defined herein shall have the meanings set forth in the Statement.

Item 2. Identity and Background.

The response to Item 2 is hereby amended to restate the place of organization of Wynnefield Capital, Inc. (“WCI”) as follows:

WCI is a Delaware corporation.

Item 4. Purpose of Transaction.
 
Item 4 of the Statement is hereby amended by the addition of the following:
 
The Wynnefield Reporting Persons sent a letter dated September 29, 2008 (the “Letter”) to the Issuer’s Board of Directors (the “Board”) urging the Board to take proactive steps by engaging in discussions with Knowledge Learning Corporation (“Knowledge Learning”) relating to Knowledge Learning’s offer to acquire all of the outstanding shares of the Issuer’s common stock. The letter also urged the Issuer to form an independent committee of its Board of Directors to evaluate the offer of Knowledge Learning, as well as to consider other potential strategic and financial buyers in order to obtain the best possible price for the Issuer’s shareholders. A copy of the Letter is filed herewith and attached hereto as Exhibit 2 and incorporated herein by reference. Any descriptions herein of the Letter are qualified in their entirety by reference to the Letter.
 
Other than as set forth in this Item 4, the Wynnefield Reporting Persons do not have any current plans, proposals or negotiations that relate to or would result in any of the matters referred to in paragraphs (a) through (j) of Item 4 of the Statement. The Wynnefield Reporting Persons intend to review their investment in the Issuer on a continuing basis, and to the extent permitted by law, may seek to engage in discussions with other stockholders and/or with management and the Board of Directors of the Issuer concerning the business, operations or future plans of the Issuer. Depending on various factors including, without limitation, the Issuer's financial position, the price levels of the Common Stock, conditions in the securities markets and general economic and industry conditions, the Wynnefield Reporting Persons may,  in the future take such actions with respect to their investment in the Issuer as they deem appropriate including, without limitation, purchasing additional Common Stock, selling Common Stock, engaging in short selling of or any hedging or similar transaction with respect to the Common Stock, taking any other action with respect to the Issuer or any of its securities in any manner permitted by law or changing their intention with respect to any and all matters referred to in paragraphs (a) through (j) of Item 4.

 
CUSIP No. 654889104
13D/A
Page 11 of 13 Pages
 
Item 5. Interest in Securities of the Issuer. 
 
The response to Item 5 is hereby amended by the addition of the following:
 
(a) - (c) As of September 29, 2008, the Wynnefield Reporting Persons beneficially owned in the aggregate 1,307,392 shares of Common Stock, constituting approximately 12.5% of the outstanding shares of Common Stock (the percentage of shares owned being based upon 10,440,010 shares of Common Stock outstanding on September 3, 2008, as set forth in the Issuer’s Annual Report on Form 10-K for the fiscal year ended June 28, 2008, filed with the Commission on September 10, 2008). The following table sets forth certain information with respect to shares of Common Stock beneficially owned directly by the Wynnefield Reporting Persons listed:
 
Name
  
Number of Common Stock
  
Percentage of Outstanding Common Stock
Wynnefield Partners
  
409,250
  
3.9%
Wynnefield Partners I
 
500,850
  
4.8%
Wynnefield Offshore
  
361,192
  
3.5%
Channel
  
19,200
  
0.2%
Plan
  
16,900
  
0.2%
 
Beneficial ownership of shares of Common Stock shown on the cover pages of and set forth elsewhere in this Schedule 13D for each of the Wynnefield Reporting Persons assumes that they have not formed a group for purposes of Section 13(d)(3) under the Exchange Act, and Rule 13d-5(b)(1) promulgated thereunder. If the Wynnefield Reporting Persons were deemed to have formed a group for purposes of Section 13(d)(3) and Rule 13d-5(b)(1), the group would be deemed to own beneficially (and may be deemed to have shared voting and dispositive power over) 1,307,392 shares of Common Stock, constituting approximately 12.5% of the outstanding shares of Common Stock (the percentage of shares owned being based upon 10,440,010 shares of Common Stock outstanding on September 3, 2008, as set forth in the Issuer’s Annual Report on Form 10-K for the fiscal year ended June 28, 2008, filed with the Commission on September 10, 2008).
 
The Wynnefield Reporting Persons have purchased shares of Common Stock during the last 60 days, as follows, each of which were purchased in the open market (prices do not reflect brokerage commissions).

Name
  
Date
  
Number of Shares
  
Price Per Share
Wynnefield Partners I
  
September 26, 2008
  
3,400
  
$15.50
Wynnefield Partners I
  
September 29, 2008
  
3,400
  
$15.70
Wynnefield Partners I
  
September 29, 2008
  
2,400
  
$15.35
 
Item 7.  Material to be Filed as Exhibits
 
            Item 7 of the Statement is hereby amended by the addition of the following:
 
Exhibit 2  Letter dated September 29, 2008.

 
CUSIP No. 654889104
13D/A
Page 12 of 13 Pages
 
SIGNATURE
 
After reasonable inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this Statement is true, complete and correct.
 
Dated: September 30, 2008
 
 
WYNNEFIELD PARTNERS SMALL CAP VALUE, L.P.
       
 
By:
Wynnefield Capital Management, LLC,
   
its General Partner
 
 
By:
 /s/ Nelson Obus  
   
Nelson Obus, Co-Managing Member
 
 
WYNNEFIELD PARTNERS SMALL CAP VALUE, L.P., I
 
 
By:
Wynnefield Capital Management, LLC,
   
its General Partner
 
 
By:
 /s/ Nelson Obus  
   
Nelson Obus, Co-Managing Member
 
 
WYNNEFIELD SMALL CAP VALUE OFFSHORE FUND, LTD.
 
 
By:
Wynnefield Capital, Inc.,
   
its Investment Manager
       
 
By:
 /s/ Nelson Obus  
   
Nelson Obus, President
 
 
CHANNEL PARTNERSHIP II, L.P.
 
       
 
By:
 /s/ Nelson Obus  
 
Nelson Obus, General Partner
       
 
WYNNEFIELD CAPITAL, INC. PROFIT SHARING PLAN, INC.
 
       
 
By:
 /s/ Nelson Obus  
 
Nelson Obus, Portfolio Manager
  
 
CUSIP No. 654889104
13D/A
Page 13 of 13 Pages
       
 
WYNNEFIELD CAPITAL MANAGEMENT, LLC
 
       
 
By:
 /s/ Nelson Obus  
 
Nelson Obus, Co-Managing Member
       
 
WYNNEFIELD CAPITAL, INC.
 
 
By:
 /s/ Nelson Obus  
   
Nelson Obus, President
       
  /s/ Nelson Obus  
 
Nelson Obus, Individually
       
  /s/ Nelson Obus  
 
Joshua Landes, Individually