X0303 4 2011-01-10 0 0000732412 MULTIBAND CORP MBND 0001427463 DirecTECH Holding Company, Inc. 970 W. VERNON ROAD FARWELL MI 48622 0 0 1 0 Common Stock 2011-01-10 4 J 0 100822 0 A 1906438 D The reporting person acquired the shares of common stock as a dividend paid on the Series J Convertible Preferred Stock (the "Preferred Stock") of the issuer previously reported on Table II of the Reporting Person's Form 4 filed on October 22, 2010. The Preferred Stock was acquired by the reporting person from the issuer in a private transaction. Under the Certificate of Designation of Preferences and Rights for the Preferred Stock, dividends paid in the form of the issuer's common stock are payable at a fixed conversion price of $2.00 per share. /s/ Bernard J. Schafer, President 2011-01-12