-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, V+U0UHTLVw23X2j1a7zgjXvcqFAbaT8afBT0VUFA7lhAUEBQTpYay6IIZuDl8/fh ADMOkZ04mg+WlN2j4HUQpw== 0000899140-07-001785.txt : 20071107 0000899140-07-001785.hdr.sgml : 20071107 20071107161648 ACCESSION NUMBER: 0000899140-07-001785 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 5 FILED AS OF DATE: 20071107 DATE AS OF CHANGE: 20071107 GROUP MEMBERS: NICHOLAS J. SINGER GROUP MEMBERS: SOOHYUNG KIM GROUP MEMBERS: STANDARD GENERAL MASTER FUND L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PENN OCTANE CORP CENTRAL INDEX KEY: 0000893813 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-PETROLEUM & PETROLEUM PRODUCTS (NO BULK STATIONS) [5172] IRS NUMBER: 521790357 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-46901 FILM NUMBER: 071221716 BUSINESS ADDRESS: STREET 1: 77-530 ENFIELD LANE BLDG D CITY: PALM DESERT STATE: CA ZIP: 92211 BUSINESS PHONE: 7607729080 MAIL ADDRESS: STREET 1: 77-530 ENFIELD LANE BLDG D CITY: PALM DESERT STATE: CA ZIP: 92211 FORMER COMPANY: FORMER CONFORMED NAME: INTERNATIONAL ENERGY DEVELOPMENT CORP DATE OF NAME CHANGE: 19940302 FORMER COMPANY: FORMER CONFORMED NAME: RUSSIAN FUND DATE OF NAME CHANGE: 19940302 FORMER COMPANY: FORMER CONFORMED NAME: KALININGRAD FUND DATE OF NAME CHANGE: 19930106 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Standard General L.P. CENTRAL INDEX KEY: 0001409888 IRS NUMBER: 680645436 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 650 MADISON AVENUE, 26TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-610-9175 MAIL ADDRESS: STREET 1: 650 MADISON AVENUE, 26TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 SC 13G/A 1 p110707b.txt FIRST AMENDMENT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1)* Penn Octane Corporation - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $.01 - -------------------------------------------------------------------------------- (Title of Class of Securities) 707573101 --------- (CUSIP Number) November 2, 2007 ---------------- (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [X] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). - ------------------------------ ---------------------- CUSIP No. 707573101 13G Page 2 of 11 Pages - ------------------------------ ---------------------- - ---------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Standard General L.P. - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - --------------------- ----- ---------------------------------------------------- 5 SOLE VOTING POWER 0 ----- ---------------------------------------------------- 6 SHARED VOTING POWER NUMBER OF SHARES BENEFICIALLY OWNED 2,082,478 BY EACH REPORTING ----- ---------------------------------------------------- PERSON WITH 7 SOLE DISPOSITIVE POWER 0 ----- ---------------------------------------------------- 8 SHARED DISPOSITIVE POWER 2,082,478 - ---------- --------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,082,478 - ---------- --------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ---------- --------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 13.5% - ---------- --------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - ---------- --------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT - ------------------------------ ---------------------- CUSIP No. 707573101 13G Page 3 of 11 Pages - ------------------------------ ---------------------- - ---------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Standard General Master Fund L.P. - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands - --------------------- ----- ---------------------------------------------------- 5 SOLE VOTING POWER 0 ----- ---------------------------------------------------- 6 SHARED VOTING POWER NUMBER OF SHARES BENEFICIALLY OWNED 2,082,478 BY EACH REPORTING ----- ---------------------------------------------------- PERSON WITH 7 SOLE DISPOSITIVE POWER 0 ----- ---------------------------------------------------- 8 SHARED DISPOSITIVE POWER 2,082,478 - ---------- --------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,082,478 - ---------- --------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ---------- --------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 13.5% - ---------- --------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - ---------- --------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT - ------------------------------ ---------------------- CUSIP No. 707573101 13G Page 4 of 11 Pages - ------------------------------ ---------------------- - ---------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Soohyung Kim - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - --------------------- ----- ---------------------------------------------------- 5 SOLE VOTING POWER 0 ----- ---------------------------------------------------- 6 SHARED VOTING POWER NUMBER OF SHARES BENEFICIALLY OWNED 2,082,478 BY EACH REPORTING ----- ---------------------------------------------------- PERSON WITH 7 SOLE DISPOSITIVE POWER 0 ----- ---------------------------------------------------- 8 SHARED DISPOSITIVE POWER 2,082,478 - ---------- --------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,082,478 - ---------- --------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ---------- --------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 13.5% - ---------- --------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - ---------- --------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT - ------------------------------ ---------------------- CUSIP No. 707573101 13G Page 5 of 11 Pages - ------------------------------ ---------------------- - ---------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Nicholas J. Singer - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - --------------------- ----- ---------------------------------------------------- 5 SOLE VOTING POWER 0 ----- ---------------------------------------------------- 6 SHARED VOTING POWER NUMBER OF SHARES BENEFICIALLY OWNED 2,082,478 BY EACH REPORTING ----- ---------------------------------------------------- PERSON WITH 7 SOLE DISPOSITIVE POWER 0 ----- ---------------------------------------------------- 8 SHARED DISPOSITIVE POWER 2,082,478 - ---------- --------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,082,478 - ---------- --------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ---------- --------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 13.5% - ---------- --------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - ---------- --------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT This Amendment No. 1 to Schedule 13G (this "Amendment No. 1") is filed with respect to the Common Stock of Penn Octane Corporation, a Delaware corporation (the "Issuer"), to amend and restate the Schedule 13G filed on August 17, 2007 (the "Schedule 13G"). Capitalized terms used but not defined herein have the meaning ascribed thereto in the Schedule 13G. Item 1(a) Name of Issuer: -------------- Penn Octane Corporation Item 1(b) Address of Issuer's Principal Executive Offices: ----------------------------------------------- 77-530 Enfield Lane, Building D, Palm Desert, California 92211 Items 2(a) Name of Person Filing: --------------------- This statement is filed by: (i) Standard General Master Fund L.P. ("Standard General Master Fund") with respect to shares of Common Stock, par value $.01, of the Issuer it directly owns (the "Shares"); (ii) Standard General L.P. ("Standard General") with respect to the Shares, which it may be deemed to beneficially own pursuant to its investment management agreement with Standard General Master Fund pursuant to which Standard General has all investment and voting power with respect to securities held by Standard General Master Fund; (iii) Soohyung Kim ("Mr. Kim"), a co-managing member of Standard General Management LLC, a Delaware limited liability company ("Standard General Management"), which is the managing member of Standard General GP LLC, a Delaware limited liability company, which is in turn the general partner of Standard General Master Fund, with respect to the Shares; and (iv) Nicholas J. Singer ("Mr. Singer"), a co-managing member of Standard General Management, with respect to the Shares. Mr. Kim and Mr. Singer may be deemed to have indirect beneficial ownership of the Shares based on the foregoing relationships. In addition, Mr. Kim and Mr. Singer have controlling interests in Standard General S Corp., a Delaware corporation, which is the general partner of Standard General Holdings, L.P., a Delaware limited partnership. Standard General Holdings, L.P. is the general partner of Standard General. Standard General, Standard General Master Fund, Mr. Kim and Mr. Singer have entered into a Joint Filing Agreement, a copy of which is filed with this Schedule 13G as Exhibit 99.1, pursuant to which they have agreed to file this Schedule 13G jointly in accordance with the Page 6 of 11 provisions of Rule 13d-1(k) of the Securities Exchange Act of 1934, as amended. Item 2(b) Address of Principal Business Office: ------------------------------------ The address of the principal business office of (i) Standard General, Mr. Kim and Mr. Singer is 650 Madison Avenue, 26th Floor, New York, NY 10022 and (ii) Standard General Master Fund is Walkers SPV Limited, Walker House, Mary Street, George Town, Grand Cayman, Cayman Islands KY1-1002. Item 2(c) Citizenship: ----------- Standard General is a Delaware limited partnership. Standard General Master Fund is a Cayman Islands exempted limited partnership. Mr. Kim and Mr. Singer are United States citizens. Item 2(d) Title of Class of Securities: ---------------------------- Common Stock, par value $.01 ("Common Stock") Item 2(e) CUSIP Number: ------------ 707573101 Item 3 Not Applicable Item 4 Ownership: --------- The percentages used herein are calculated based upon 15,396,187 shares of Common Stock, par value $.01, issued and outstanding as of August 10, 2007 according to the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 20, 2007. As of the close of business on November 2, 2007: 1. Standard General L.P. --------------------- (a) Amount beneficially owned: 2,082,478 (b) Percent of class: 13.5% (c) (i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: 2,082,478 (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: 2,082,478 Page 7 of 11 2. Standard General Master Fund L.P. --------------------------------- (a) Amount beneficially owned: 2,082,478 (b) Percent of class: 13.5% (c) (i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: 2,082,478 (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: 2,082,478 3. Soohyung Kim ------------ (a) Amount beneficially owned: 2,082,478 (b) Percent of class: 13.5% (c) (i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: 2,082,478 (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: 2,082,478 4. Nicholas J. Singer ------------------ (a) Amount beneficially owned: 2,082,478 (b) Percent of class: 13.5% (c) (i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: 2,082,478 (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: 2,082,478 Standard General, Mr. Kim and Mr. Singer do not directly own any of the Shares. By reason of the provisions of Rule 13d-3 of the Securities Exchange Act of 1934, each of Standard General, Mr. Kim and Mr. Singer may be deemed to own beneficially 2,082,478 Shares (constituting approximately 13.5% of the Shares outstanding). Each of Standard General, Mr. Kim and Mr. Singer disclaim direct beneficial ownership of any of the securities covered by this statement. Item 5 Ownership of Five Percent or Less of a Class: -------------------------------------------- If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following. [ ] Page 8 of 11 Item 6 Ownership of More than Five Percent on Behalf of Another -------------------------------------------------------- Person: ------ Other than as set forth herein, no other person has the right to receive or the power to direct the receipt of dividends from, or proceeds from the sale of, in excess of 5% of the total outstanding Common Stock. Item 7 Identification and Classification of the ---------------------------------------- Subsidiary Which Acquired the Security Being -------------------------------------------- Reported on By the Parent Holding Company: ----------------------------------------- Not Applicable Item 8 Identification and Classification of Members -------------------------------------------- of the Group: ------------ Not Applicable Item 9 Notice of Dissolution of Group: - ------ ------------------------------ Not Applicable Item 10 Certification: - ------- ------------- By signing below the signatory certifies that, to the best of his knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. Page 9 of 11 SIGNATURE --------- After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: November 7, 2007 STANDARD GENERAL L.P. By: /s/ Scott Cohen -------------------------------------- Name: Scott Cohen Title: Attorney-in-Fact STANDARD GENERAL MASTER FUND L.P. By: /s/ Scott Cohen -------------------------------------- Name: Scott Cohen Title: Attorney-in-Fact SOOHYUNG KIM By: /s/ Scott Cohen -------------------------------------- Name: Scott Cohen Title: Attorney-in-Fact /s/ Nicholas J. Singer - -------------------------------------------- Nicholas J. Singer EXHIBIT INDEX ------------- Exhibit 99.1: Joint Filing Agreement, dated November 7, 2007, by and between Standard General L.P., Standard General Master Fund L.P., Soohyung Kim and Nicholas J. Singer. Exhibit 99.2: Power of Attorney granted by Standard General L.P. in favor of Scott Cohen, dated August 14, 2007. Exhibit 99.3: Power of Attorney granted by Standard General Master Fund L.P. in favor of Scott Cohen, dated August 14, 2007. Exhibit 99.4: Power of Attorney granted by Soohyung Kim in favor of Scott Cohen, dated August 14, 2007. EX-99.1 3 p110707c.txt JOINT FILING AGREEMENT Exhibit 99.1 ------------ JOINT FILING AGREEMENT ---------------------- The undersigned hereby agree that the foregoing statement on Schedule 13G is, and any amendment thereto signed by each of the undersigned shall be, filed on behalf of each undersigned pursuant to and in accordance with the provisions of 13d-1(k) under the Securities Exchange Act of 1934 and that all subsequent amendments to this statement on Schedule 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint filing agreements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the other, except to the extent that it knows or has reason to believe that such information is inaccurate. Dated: November 7, 2007 STANDARD GENERAL L.P. By: /s/ Scott Cohen -------------------------------------- Name: Scott Cohen Title: Attorney-in-Fact STANDARD GENERAL MASTER FUND L.P. By: /s/ Scott Cohen -------------------------------------- Name: Scott Cohen Title: Attorney-in-Fact SOOHYUNG KIM By: /s/ Scott Cohen -------------------------------------- Name: Scott Cohen Title: Attorney-in-Fact /s/ Nicholas J. Singer - -------------------------------------------- Nicholas J. Singer EX-99.2 4 p110707d.txt POA - STANDARD GENERAL L.P. Exhibit 99.2 ------------ POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS, that Standard General L.P., a Delaware limited partnership (the "Partnership"), hereby constitutes and appoints Scott Cohen the true and lawful agent and attorney-in-fact of the Partnership, with full power of substitution and resubstitution, for the Partnership and in its name, place and stead, in any and all capacities, to sign any and all statements and filings which are required, necessary or advisable under Section 13 and/or Section 16 of the Securities Exchange Act of 1934, as amended, and all amendments to such statements and filings, and to file the same, with all exhibits thereto, and all other documents in connection therewith, with the Securities and Exchange Commission, granting unto said agent and attorney-in-fact full power and authority to do and perform each and every act and thing requisite, necessary or advisable to be done, as fully to all intents and purposes as the Partnership might or could do itself. The Partnership hereby ratifies and confirms all that said agent and attorney-in-fact, or any substitute or substitutes, may lawfully do or cause to be done by virtue hereof. WITNESS the due execution hereof in New York, New York this 14 day of August, 2007. STANDARD GENERAL L.P. By: Standard General Holdings L.P., its General Partner By: Standard General S. Corp, its General Partner By: /s/ Soohyung Kim ------------------------------------- Name: Soohyung Kim Title: Director Sworn to before me this 14 day of August, 2007 Anne Colucci - -------------------------- Notary Public Anne Colucci Notary Public State of New York No. OIC06085008 Qualified in Queens County Commission Expires December 16, 2010 EX-99.3 5 p110707e.txt POA - STANDARD GENERAL MASTER FUND L.P. Exhibit 99.3 ------------ POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS, that Standard General Master Fund L.P., a Cayman Islands limited partnership (the "Partnership"), hereby constitutes and appoints Scott Cohen the true and lawful agent and attorney-in-fact of the Partnership, with full power of substitution and resubstitution, for the Partnership and in its name, place and stead, in any and all capacities, to sign any and all statements and filings which are required, necessary or advisable under Section 13 and/or Section 16 of the Securities Exchange Act of 1934, as amended, and all amendments to such statements and filings, and to file the same, with all exhibits thereto, and all other documents in connection therewith, with the Securities and Exchange Commission, granting unto said agent and attorney-in-fact full power and authority to do and perform each and every act and thing requisite, necessary or advisable to be done, as fully to all intents and purposes as the Partnership might or could do itself. The Partnership hereby ratifies and confirms all that said agent and attorney-in-fact, or any substitute or substitutes, may lawfully do or cause to be done by virtue hereof. WITNESS the due execution hereof in New York, New York this 14 day of August, 2007. STANDARD MASTER FUND L.P. By: Standard General GP LLC, its General Partner By: Standard General Management LLC, its Managing Member By: /s/ Soohyung Kim ------------------------------------- Name: Soohyung Kim Title: Managing Member Sworn to before me this 14 day of August, 2007 Anne Colucci - -------------------------- Notary Public Anne Colucci Notary Public State of New York No. OIC06085008 Qualified in Queens County Commission Expires December 16, 2010 EX-99.4 6 p110707f.txt POA - KIM Exhibit 99.4 ------------ POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS, that the undersigned hereby constitutes and appoints Scott Cohen the true and lawful agent and attorney-in-fact of the undersigned, with full power of substitution and resubstitution, of the undersigned and in his name, place and stead, in any and all capacities, to sign any and all statements and filings which are required, necessary or advisable under Section 13 and/or Section 16 of the Securities Exchange Act of 1934, as amended, and all amendments to such statements and filings, and to file the same, with all exhibits thereto, and all other documents in connection therewith, with the Securities and Exchange Commission, granting unto said agent and attorney-in-fact full power and authority to do and perform each and every act and thing requisite, necessary or advisable to be done, as fully to all intents and purposes as the of the undersigned might or could do himself. The undersigned hereby ratifies and confirms all that said agent and attorney-in-fact, or any substitute or substitutes, may lawfully do or cause to be done by virtue hereof. WITNESS the due execution hereof in New York, New York this 14 day of August, 2007. /s/ Soohyung Kim ----------------------------------- Soohyung Kim Sworn to before me this 14 day of August, 2007 Anne Colucci - -------------------------- Notary Public Anne Colucci Notary Public State of New York No. OIC06085008 Qualified in Queens County Commission Expires December 16, 2010 -----END PRIVACY-ENHANCED MESSAGE-----