-----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, DQ2JE5zcGafiOLKH3AsOc0miTbEDgmKa1Tn52ewjn6c6fd25gxhSVhd8pGII4NrJ o/jAxPpbBYr2dduvFd38Ng== 0001193125-09-038898.txt : 20090226 0001193125-09-038898.hdr.sgml : 20090226 20090226144413 ACCESSION NUMBER: 0001193125-09-038898 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20090226 DATE AS OF CHANGE: 20090226 GROUP MEMBERS: PANDORA SELECT ADVISORS, LLC GROUP MEMBERS: PANDORA SELECT FUND, L.P. GROUP MEMBERS: PANDORA SELECT FUND, LTD. GROUP MEMBERS: PANDORA SELECT PARTNERS, L.P. GROUP MEMBERS: WHITEBOX COMBINED ADVISORS, LLC GROUP MEMBERS: WHITEBOX COMBINED FUND, L.P. GROUP MEMBERS: WHITEBOX COMBINED FUND, LTD. GROUP MEMBERS: WHITEBOX COMBINED PARTNERS, L.P. GROUP MEMBERS: WHITEBOX CONVERTIBLE ARBITRAGE ADVISORS, LLC GROUP MEMBERS: WHITEBOX CONVERTIBLE ARBITRAGE FUND, L.P. GROUP MEMBERS: WHITEBOX CONVERTIBLE ARBITRAGE FUND, LTD. GROUP MEMBERS: WHITEBOX CONVERTIBLE ARBITRAGE PARTNERS, L.P. GROUP MEMBERS: WHITEBOX HEDGED HIGH YIELD ADVISORS, LLC GROUP MEMBERS: WHITEBOX HEDGED HIGH YIELD FUND, L.P. GROUP MEMBERS: WHITEBOX HEDGED HIGH YIELD FUND, LTD. GROUP MEMBERS: WHITEBOX HEDGED HIGH YIELD PARTNERS, L.P. GROUP MEMBERS: WHITEBOX INTERMARKET ADVISORS, LLC GROUP MEMBERS: WHITEBOX INTERMARKET FUND, L.P. GROUP MEMBERS: WHITEBOX INTERMARKET FUND, LTD. GROUP MEMBERS: WHITEBOX INTERMARKET PARTNERS, L.P. GROUP MEMBERS: WHITEBOX SPECIAL OPPORTUNITIES ADVISORS, LLC GROUP MEMBERS: WHITEBOX SPECIAL OPPORTUNITIES FUND, L.P. - SERIES B GROUP MEMBERS: WHITEBOX SPECIAL OPPORTUNITIES PARTNERS, L.P. - SERIES B GROUP MEMBERS: WHITEBOX SPECIAL OPPORTUNITIES SPC FUND, LTD. - SERIES B FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WHITEBOX ADVISORS LLC CENTRAL INDEX KEY: 0001257391 IRS NUMBER: 411957584 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 3033 EXCELSIOR BLVD. CITY: MINNEAPOLIS STATE: MN ZIP: 55416 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: QUANTUM FUEL SYSTEMS TECHNOLOGIES WORLDWIDE INC CENTRAL INDEX KEY: 0001166380 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] IRS NUMBER: 330933072 STATE OF INCORPORATION: DE FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-78735 FILM NUMBER: 09637291 MAIL ADDRESS: STREET 1: 17872 CARTWRIGHT ROAD CITY: IRVINE STATE: CA ZIP: 92614 SC 13G/A 1 dsc13ga.htm SCHEDULE 13G AMENDMENT NO. 2 Schedule 13G Amendment No. 2
OMB APPROVAL

OMB Number:

   3235-0145

Expires:

   February 28, 2009

Estimated average burden

hours per response

   10.4

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

(Amendment No. 2)*

 

 

 

 

Quantum Fuel Systems Technologies Worldwide Inc.

(Name of Issuer)

 

 

Common Stock

(Title of Class of Securities)

 

 

74765E109

(CUSIP Number)

 

 

December 31, 2008

(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

x 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 in 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).

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

 

Page 1 of 29

CUSIP No. 74765E109   13G  

 

  1  

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

 

            Whitebox Advisors, LLC

    
  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

    

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH:  

 

  

  5    SOLE VOTING POWER

 

            0

 

  6    SHARED VOTING POWER

 

            7,972,243

 

  7    SOLE DISPOSITIVE POWER

 

            0

 

  8    SHARED DISPOSITIVE POWER

 

            7,972,243

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            7,972,243 (see Item 4)

    
10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

 

    
11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

            7.7%

    
12  

TYPE OF REPORTING PERSON*

 

            IA

    

*SEE INSTRUCTION BEFORE FILLING OUT!

 

Page 2 of 29

CUSIP No. 74765E109   13G  

 

  1  

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

 

            Whitebox Combined Advisors, LLC

    
  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

    

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH:  

 

  

  5    SOLE VOTING POWER

 

            0

 

  6    SHARED VOTING POWER

 

            3,097,156

 

  7    SOLE DISPOSITIVE POWER

 

            0

 

  8    SHARED DISPOSITIVE POWER

 

            3,097,156

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            3,097,156 (see Item 4)

    
10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

 

    
11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

            3.0%

    
12  

TYPE OF REPORTING PERSON*

 

            IA

    

*SEE INSTRUCTION BEFORE FILLING OUT!

 

Page 3 of 29

CUSIP No. 74765E109   13G  

 

  1  

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

 

            Whitebox Combined Partners, 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

 

            British Virgin Islands

    

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH:  

 

  

  5    SOLE VOTING POWER

 

            0

 

  6    SHARED VOTING POWER

 

            3,097,156

 

  7    SOLE DISPOSITIVE POWER

 

            0

 

  8    SHARED DISPOSITIVE POWER

 

            3,097,156

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            3,097,156 (see Item 4)

    
10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

 

    
11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

            3.0%

    
12  

TYPE OF REPORTING PERSON*

 

            PN

    

*SEE INSTRUCTION BEFORE FILLING OUT!

 

Page 4 of 29

CUSIP No. 74765E109   13G  

 

  1  

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

 

            Whitebox Combined 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

 

            Delaware

    

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH:  

 

  

  5    SOLE VOTING POWER

 

            0

 

  6    SHARED VOTING POWER

 

            3,097,156

 

  7    SOLE DISPOSITIVE POWER

 

            0

 

  8    SHARED DISPOSITIVE POWER

 

            3,097,156

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            3,097,156 (see Item 4)

    
10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

 

    
11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

            3.0%

    
12  

TYPE OF REPORTING PERSON*

 

            PN

    

*SEE INSTRUCTION BEFORE FILLING OUT!

 

Page 5 of 29

CUSIP No. 74765E109

    13G   

 

  1  

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

 

            Whitebox Combined Fund, Ltd.

    
  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)  ¨

(b)  x

    
  3  

SEC USE ONLY

 

    
  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

            British Virgin Islands

    

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH:  

 

  

  5    SOLE VOTING POWER

 

            0

 

  6    SHARED VOTING POWER

 

            3,097,156

 

  7    SOLE DISPOSITIVE POWER

 

            0

 

  8    SHARED DISPOSITIVE POWER

 

            3,097,156

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            3,097,156 (see Item 4)

    
10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

 

    
11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

            3.0%

    
12  

TYPE OF REPORTING PERSON*

 

            CO

    

*SEE INSTRUCTION BEFORE FILLING OUT!

 

Page 6 of 29

CUSIP No. 74765E109   13G  

 

  1  

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

 

            Whitebox Convertible Arbitrage Advisors, LLC

    
  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

    

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH:  

 

  

  5    SOLE VOTING POWER

 

            0

 

  6    SHARED VOTING POWER

 

            2,169,351

 

  7    SOLE DISPOSITIVE POWER

 

            0

 

  8    SHARED DISPOSITIVE POWER

 

            2,169,351

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            2,169,351 (see Item 4)

    
10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

 

    
11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

            2.1%

    
12  

TYPE OF REPORTING PERSON*

 

            IA

    

*SEE INSTRUCTION BEFORE FILLING OUT!

 

Page 7 of 29

CUSIP No. 74765E109   13G  

 

  1  

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

 

            Whitebox Convertible Arbitrage Partners, 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

 

            British Virgin Islands

    

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH:  

 

  

  5    SOLE VOTING POWER

 

            0

 

  6    SHARED VOTING POWER

 

            2,169,351

 

  7    SOLE DISPOSITIVE POWER

 

            0

 

  8    SHARED DISPOSITIVE POWER

 

            2,169,351

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            2,169,351 (see Item 4)

    
10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

 

    
11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

            2.1%

    
12  

TYPE OF REPORTING PERSON*

 

            PN

    

*SEE INSTRUCTION BEFORE FILLING OUT!

 

Page 8 of 29

CUSIP No. 74765E109   13G  

 

  1  

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

 

            Whitebox Convertible Arbitrage 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

 

            Delaware

    

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH:  

 

  

  5    SOLE VOTING POWER

 

            0

 

  6    SHARED VOTING POWER

 

            2,169,351

 

  7    SOLE DISPOSITIVE POWER

 

            0

 

  8    SHARED DISPOSITIVE POWER

 

            2,169,351

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            2,169,351 (see Item 4)

    
10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

 

    
11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

            2.1%

    
12  

TYPE OF REPORTING PERSON*

 

            PN

    

*SEE INSTRUCTION BEFORE FILLING OUT!

 

Page 9 of 29

CUSIP No. 74765E109

    13G   

 

  1  

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

 

            Whitebox Convertible Arbitrage Fund, Ltd.

    
  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)  ¨

(b)  x

    
  3  

SEC USE ONLY

 

    
  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

            British Virgin Islands

    

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH:  

 

  

  5    SOLE VOTING POWER

 

            0

 

  6    SHARED VOTING POWER

 

            2,169,351

 

  7    SOLE DISPOSITIVE POWER

 

            0

 

  8    SHARED DISPOSITIVE POWER

 

            2,169,351

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            2,169,351 (see Item 4)

    
10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

 

    
11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

            2.1%

    
12  

TYPE OF REPORTING PERSON*

 

            CO

    

*SEE INSTRUCTION BEFORE FILLING OUT!

 

Page 10 of 29

CUSIP No. 74765E109    13G   

 

  1  

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

 

            Whitebox Intermarket Advisors, LLC

    
  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

    

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH:  

 

  

  5    SOLE VOTING POWER

 

            0

 

  6    SHARED VOTING POWER

 

            531,482

 

  7    SOLE DISPOSITIVE POWER

 

            0

 

  8    SHARED DISPOSITIVE POWER

 

            531,482

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            531,482 (see Item 4)

    
10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

 

    
11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

            0.5%

    
12  

TYPE OF REPORTING PERSON*

 

            IA

    

*SEE INSTRUCTION BEFORE FILLING OUT!

 

Page 11 of 29

CUSIP No. 74765E109

    13G   

 

  1  

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

 

            Whitebox Intermarket Partners, 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

 

            British Virgin Islands

    

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH:  

 

  

  5    SOLE VOTING POWER

 

            0

 

  6    SHARED VOTING POWER

 

            531,482

 

  7    SOLE DISPOSITIVE POWER

 

            0

 

  8    SHARED DISPOSITIVE POWER

 

            531,482

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            531,482 (see Item 4)

    
10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

 

    
11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

            0.5%

    
12  

TYPE OF REPORTING PERSON*

 

            PN

    

*SEE INSTRUCTION BEFORE FILLING OUT!

 

Page 12 of 29

CUSIP No. 74765E109

    13G   

 

  1  

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

 

            Whitebox Intermarket 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

 

            Delaware

    

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH:  

 

  

  5    SOLE VOTING POWER

 

            0

 

  6    SHARED VOTING POWER

 

            531,482

 

  7    SOLE DISPOSITIVE POWER

 

            0

 

  8    SHARED DISPOSITIVE POWER

 

            531,482

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            531,482 (see Item 4)

    
10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

 

    
11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

            0.5%

    
12  

TYPE OF REPORTING PERSON*

 

            PN

    

*SEE INSTRUCTION BEFORE FILLING OUT!

 

Page 13 of 29

CUSIP No. 74765E109    13G   

 

  1  

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

 

            Whitebox Intermarket Fund, Ltd.

    
  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)  ¨

(b)  x

    
  3  

SEC USE ONLY

 

    
  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

            British Virgin Islands

    

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH:  

 

  

  5    SOLE VOTING POWER

 

            0

 

  6    SHARED VOTING POWER

 

            531,482

 

  7    SOLE DISPOSITIVE POWER

 

            0

 

  8    SHARED DISPOSITIVE POWER

 

            531,482

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            531,482 (see Item 4)

    
10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

 

    
11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

            0.5%

    
12  

TYPE OF REPORTING PERSON*

 

            CO

    

*SEE INSTRUCTION BEFORE FILLING OUT!

 

Page 14 of 29

CUSIP No. 74765E109   13G  

 

  1  

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

 

            Pandora Select Advisors, LLC

    
  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

    

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH:  

 

  

  5    SOLE VOTING POWER

 

            0

 

  6    SHARED VOTING POWER

 

            797,224

 

  7    SOLE DISPOSITIVE POWER

 

            0

 

  8    SHARED DISPOSITIVE POWER

 

            797,224

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            797,224 (see Item 4)

    
10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

    
11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

            0.8%

    
12  

TYPE OF REPORTING PERSON*

 

            IA

    

*SEE INSTRUCTION BEFORE FILLING OUT!

 

Page 15 of 29

CUSIP No. 74765E109   13G  

 

  1  

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

 

            Pandora Select Partners, 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

 

            British Virgin Islands

    

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH:  

 

  

  5    SOLE VOTING POWER

 

            0

 

  6    SHARED VOTING POWER

 

            797,224

 

  7    SOLE DISPOSITIVE POWER

 

            0

 

  8    SHARED DISPOSITIVE POWER

 

            797,224

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            797,224 (see Item 4)

    
10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

    
11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

            0.8%

    
12  

TYPE OF REPORTING PERSON*

 

            PN

    

*SEE INSTRUCTION BEFORE FILLING OUT!

 

Page 16 of 29

CUSIP No. 74765E109   13G  

 

  1  

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

 

            Pandora Select 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

 

            Delaware

    

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH:  

 

  

  5    SOLE VOTING POWER

 

            0

 

  6    SHARED VOTING POWER

 

            797,224

 

  7    SOLE DISPOSITIVE POWER

 

            0

 

  8    SHARED DISPOSITIVE POWER

 

            797,224

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            797,224 (see Item 4)

    
10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

    
11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

            0.8%

    
12  

TYPE OF REPORTING PERSON*

 

            PN

    

*SEE INSTRUCTION BEFORE FILLING OUT!

 

Page 17 of 29

CUSIP No. 74765E109   13G  

 

  1  

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

 

            Pandora Select Fund, Ltd.

    
  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)  ¨

(b)  x

    
  3  

SEC USE ONLY

 

    
  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

            British Virgin Islands

    

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH:  

 

  

  5    SOLE VOTING POWER

 

            0

 

  6    SHARED VOTING POWER

 

            797,224

 

  7    SOLE DISPOSITIVE POWER

 

            0

 

  8    SHARED DISPOSITIVE POWER

 

            797,224

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            797,224 see Item 4)

    
10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

 

    
11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

            0.8%

    
12  

TYPE OF REPORTING PERSON*

 

            CO

    

*SEE INSTRUCTION BEFORE FILLING OUT!

 

Page 18 of 29

CUSIP No. 74765E109    13G   

 

  1  

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

 

            Whitebox Hedged High Yield Advisors, LLC

    
  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

    

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH:  

 

  

  5    SOLE VOTING POWER

 

            0

 

  6    SHARED VOTING POWER

 

            1,172,077

 

  7    SOLE DISPOSITIVE POWER

 

            0

 

  8    SHARED DISPOSITIVE POWER

 

            1,172,077

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            1,172,077 (see Item 4)

    
10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

 

    
11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

            1.1%

    
12  

TYPE OF REPORTING PERSON*

 

            IA

    

*SEE INSTRUCTION BEFORE FILLING OUT!

 

Page 19 of 29

CUSIP No. 74765E109    13G   

 

  1  

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

 

            Whitebox Hedged High Yield Partners, 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

 

            British Virgin Islands

    

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH:  

 

  

  5    SOLE VOTING POWER

 

            0

 

  6    SHARED VOTING POWER

 

            1,172,077

 

  7    SOLE DISPOSITIVE POWER

 

            0

 

  8    SHARED DISPOSITIVE POWER

 

            1,172,077

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            1,172,077 (see Item 4)

    
10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

 

    
11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

            1.1%

    
12  

TYPE OF REPORTING PERSON*

 

            PN

    

*SEE INSTRUCTION BEFORE FILLING OUT!

 

Page 20 of 29

CUSIP No. 74765E109    13G   

 

  1  

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

 

            Whitebox Hedged High Yield 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

 

            Delaware

    

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH:  

 

  

  5    SOLE VOTING POWER

 

            0

 

  6    SHARED VOTING POWER

 

            1,172,077

 

  7    SOLE DISPOSITIVE POWER

 

            0

 

  8    SHARED DISPOSITIVE POWER

 

            1,172,077

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            1,172,077 (see Item 4)

    
10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

 

    
11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

            1.1%

    
12  

TYPE OF REPORTING PERSON*

 

            PN

    

*SEE INSTRUCTION BEFORE FILLING OUT!

 

Page 21 of 29

CUSIP No. 74765E109    13G   

 

  1  

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

 

            Whitebox Hedged High Yield Fund, Ltd.

    
  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)  ¨

(b)  x

    
  3  

SEC USE ONLY

 

    
  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

            British Virgin Islands

    

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH:  

 

  

  5    SOLE VOTING POWER

 

            0

 

  6    SHARED VOTING POWER

 

            1,172,077

 

  7    SOLE DISPOSITIVE POWER

 

            0

 

  8    SHARED DISPOSITIVE POWER

 

            1,172,077

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            1,172,077 (see Item 4)

    
10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

 

    
11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

            1.1%

    
12  

TYPE OF REPORTING PERSON*

 

            CO

    

*SEE INSTRUCTION BEFORE FILLING OUT!

 

Page 22 of 29

CUSIP No. 74765E109    13G   

 

  1  

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

 

            Whitebox Special Opportunities Advisors, LLC

    
  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

    

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH:  

 

  

  5    SOLE VOTING POWER

 

            0

 

  6    SHARED VOTING POWER

 

            204,953

 

  7    SOLE DISPOSITIVE POWER

 

            0

 

  8    SHARED DISPOSITIVE POWER

 

            204,953

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            204,953 (see Item 4)

    
10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

 

    
11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

            .2% (See Item 4)

    
12  

TYPE OF REPORTING PERSON*

 

            IA

    

*SEE INSTRUCTION BEFORE FILLING OUT!

 

Page 23 of 29

CUSIP No. 74765E109    13G   

 

  1  

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

 

            Whitebox Special Opportunities Partners, L.P. - Series B

    
  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)  ¨

(b)  x

    
  3  

SEC USE ONLY

 

    
  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

            British Virgin Islands

    

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH:  

 

  

  5    SOLE VOTING POWER

 

            0

 

  6    SHARED VOTING POWER

 

            204,953

 

  7    SOLE DISPOSITIVE POWER

 

            0

 

  8    SHARED DISPOSITIVE POWER

 

            204,953

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            204,953 (see Item 4)

    
10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

 

    
11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

            .2% (See Item 4)

    
12  

TYPE OF REPORTING PERSON*

 

            PN

    

*SEE INSTRUCTION BEFORE FILLING OUT!

 

Page 24 of 29

CUSIP No. 74765E109    13G   

 

  1  

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

 

            Whitebox Special Opportunities Fund, L.P. - Series B

    
  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

    

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH:  

 

  

  5    SOLE VOTING POWER

 

            0

 

  6    SHARED VOTING POWER

 

            204,953

 

  7    SOLE DISPOSITIVE POWER

 

            0

 

  8    SHARED DISPOSITIVE POWER

 

            204,953

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            204,953 (see Item 4)

    
10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

 

    
11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

            .2% (See Item 4)

    
12  

TYPE OF REPORTING PERSON*

 

            PN

    

*SEE INSTRUCTION BEFORE FILLING OUT!

 

Page 25 of 29

CUSIP No. 74765E109    13G   

 

  1  

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

 

            Whitebox Special Opportunities SPC Fund, Ltd. - Series B

    
  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)  ¨

(b)  x

    
  3  

SEC USE ONLY

 

    
  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

            British Virgin Islands

    

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH:  

 

  

  5    SOLE VOTING POWER

 

            0

 

  6    SHARED VOTING POWER

 

            204,953

 

  7    SOLE DISPOSITIVE POWER

 

            0

 

  8    SHARED DISPOSITIVE POWER

 

            204,953

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            204,953 (see Item 4)

    
10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

 

    
11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

            .2% (See Item 4)

    
12  

TYPE OF REPORTING PERSON*

 

            PN

    

*SEE INSTRUCTION BEFORE FILLING OUT!

 

Page 26 of 29

Item 1.  

(a)

   Name of Issuer   
    Quantum Fuel Systems Technologies Worldwide Inc. (the “Company”)   
 

(b)

   Address of Issuer’s Principal Executive Offices   
   

17872 Cartwright Road

Irvine, CA 92614

  
Item 2.  

(a)

   Name of Person Filing   
    This statement is filed by:   
    (i)    Whitebox Advisors, LLC, a Delaware limited liability company (“WA”);   
    (ii)    Whitebox Combined Advisors, LLC a Delaware limited liability company (“WCA”).   
    (iii)    Whitebox Combined Partners, L.P. a British Virgin Islands limited partnership (“WCP”).   
    (iv)    Whitebox Combined Fund, L.P. a Delaware limited liability company (“WCFLP”).   
    (v)    Whitebox Combined Fund, Ltd. a British Virgin Islands limited partnership (“WCFLTD”).   
    (vi)    Whitebox Convertible Arbitrage Advisors, LLC, a Delaware limited liability company (“WCAA”);   
    (vii)    Whitebox Convertible Arbitrage Partners, L.P., a British Virgin Islands limited partnership (“WCAP”);   
    (viii)    Whitebox Convertible Arbitrage Fund, L.P., a Delaware limited partnership (“WCAFLP”);   
    (ix)    Whitebox Convertible Arbitrage Fund, Ltd., a British Virgin Islands business company (“WCAFLTD”);   
    (x)    Whitebox Intermarket Advisors, LLC, a Delaware limited liability company (“WIA”);   
    (xi)    Whitebox Intermarket Partners, L.P., a British Virgin Islands limited partnership (“WIP”);   
    (xii)    Whitebox Intermarket Fund, L.P., a Delaware limited partnership (“WIFLP”);   
    (xiii)    Whitebox Intermarket Fund, Ltd., a British Virgin Islands business company (“WIFLTD”);   
    (xiv)    Pandora Select Advisors, LLC, a Delaware limited liability company (“PSA”);   
    (xv)    Pandora Select Partners, L.P., a British Virgin Islands limited partnership (“PSP”);   
    (xvi)    Pandora Select Fund, L.P., a Delaware limited partnership (“PSFLP”);   
    (xvii)    Pandora Select Fund, Ltd., a British Virgin Islands business company (“PSFLTD”);   
    (xviii)    Whitebox Hedged High Yield Advisors, LLC, a Delaware limited liability company (“WHHYA”);   
    (xix)    Whitebox Hedged High Yield Partners, L.P., a British Virgin Islands business company (“WHHYP”);   
    (xx)    Whitebox Hedged High Yield Fund, L.P., a Delaware limited partnership (“WHHYFLP”); and   
    (xxi)    Whitebox Hedged High Yield Fund, Ltd., a British Virgin Islands business company (“WHHYFLTD”).   
    (xxii)    Whitebox Special Opportunities Advisors, LLC, a Delaware limited liability company (“WSOA”);   
    (xxiii)    Whitebox Special Opportunities Partners, L.P - Series B, a British Virgin Islands limited partnership (“WSOBP”);   
    (xxiv)    Whitebox Special Opportunities Fund, LP - Series B, a Delaware limited partnership (“WSOBFLP”);   
    (xxv)    Whitebox Special Opportunities SPC Fund, Ltd - Series B, a British Virgin Islands international business company (“WSOBFLTD”);   
 

(b)

   Address of Principal Business Office or, if none, Residence   
   

The address of the business office of WA, WCA, WCAA, WIA, WHHYA, PSA, WSOA, WCFLP, WCAFLP, WIFLP, WHHYFLP, PSFLP, and WSOBFLP is:

   

3033 Excelsior Boulevard

Suite 300

Minneapolis, MN 55416

   
   

The address of the business office of WCP, WCAP, WIP, WHHYP, PSP, WSODP, WCFLTD, WCAFLTD, WIFLTD, WHHYFLTD, PSFLTD, and WSODFLTD is:

   

Trident Chambers, P.O. Box 146

Waterfront Drive, Wickhams Cay

Road Town, Tortola, British Virgin Islands

   
 

(c)

   Citizenship   
   

WA, WCA, WCAA, WIA, WHHYA, PSA, WSOA, WCFLP, WCAFLP, WIFLP, WHHYFLP, PSFLP, and WSOBFLP are organized under the laws of the State of Delaware; WCP, WCAP, WIP, WHHYP, PSP, WSODP, WCFLTD, WCAFLTD, WIFLTD, WHHYFLTD, PSFLTD, and WSODFLTD are organized under the laws of the British Virgin Islands.

 

(d)

   Title of Class of Securities   
    Common Stock   
 

(e)

   CUSIP Number   
    74765E109   
Item 3.   If this statement is filed pursuant to §§ 240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a:
  (a)   ¨    Broker or dealer registered under section 15 of the Act.
  (b)   ¨    Bank as defined in section 3(a)(6) of the Act.
  (c)   ¨    Insurance company as defined in section 3(a)(19) of the Act.
  (d)   ¨    Investment company registered under section 8 of the Investment Company Act of 1940.
  (e)   x    An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E).
  (f)   ¨    An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F).
  (g)   ¨    A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G).
  (h)   ¨    A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act.
  (i)   ¨    A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940.
  (j)   ¨    Group, in accordance with § 240.13d-1(b)(1)(ii)(J).

In addition to the investment advisors on behalf of whom this statement is filed pursuant to 240.13d-1 (B), this statement is also filed on behalf of the following persons pursuant to 240.13d-1 (c): WCP, WCFLP, WCFLTD, WCAP, WCAFLP, WCAFLTD, WDCAP, WDCAFLP, WDCAFLTD, WHHYP, WHHYFLP, PSP, PSFLP, PSFLTD, WHHYFLTD, WSOBP, WSOBFLP, and WSOBFLTD.

 

Page 27 of 29

Item 4.    Ownership      
   (a)    Amount Beneficially Owned      
     

WA, acting as investment adviser to its clients, is deemed to beneficially own 7,972,243 shares of Common Stock of the Company.

 

WCA, acting as investment advisor to its clients, is deemed to beneficially own 3,097,156 Shares of Common Stock of the company.

 

WCP is deemed to beneficially own 3,097,156 shares of Common Stock of the as a result of its indirect ownership of warrants of the company

 

WCFLP is deemed to beneficially own 3,097,156 shares of Common Stock of the as a result of its indirect ownership of warrants of the company

 

WCFLTD is deemed to beneficially own 3,097,156 shares of Common Stock of the as a result of its indirect ownership of warrants of the company

 

WCAA, acting as investment adviser to its clients, is deemed to beneficially own 2,169,351 shares of Common Stock of the Company.

 

WCAP is deemed to beneficially own 2,169,351 shares of Common Stock of the Company as a result of its direct ownership of warrants of the Company.

 

WCAFLP is deemed to beneficially own 2,169,351 shares of Common Stock of the Company as a result of its indirect ownership of warrants of the Company.

 

WCAFLTD is deemed to beneficially own 2,169,351 shares of Common Stock of the Company as a result of its indirect ownership of warrants of the Company.

 

WIA, acting as investment adviser to its clients, is deemed to beneficially own 531,482 shares of Common Stock of the Company.

 

WIP is deemed to beneficially own 531,482 shares of Common Stock of the Company as a result of its direct ownership of warrants of the Company.

 

WIFLP is deemed to beneficially own 531,482 shares of Common Stock of the Company as a result of its indirect ownership of warrants of the Company.

 

WIFLTD is deemed to beneficially own 531,482 shares of Common Stock of the Company as a result of its indirect ownership of warrants of the Company.

 

PSA, acting as investment adviser to its clients, is deemed to beneficially own 797,224 shares of Common Stock of the Company.

 

PSP is deemed to beneficially own 797,224 shares of Common Stock of the Company as a result of its direct ownership of warrants of the Company.

 

PSFLP is deemed to beneficially own 797,224 shares of Common Stock of the Company as a result of its indirect ownership of warrants of the Company.

 

PSFLTD is deemed to beneficially own 797,224 shares of Common Stock of the Company as a result of its indirect ownership of warrants of the Company.

 

WHHYA, pursuant to acting as investment adviser to its clients, beneficially owns 1,172,077 shares of Common Stock of the Company.

 

WHHYP is deemed to beneficially own 1,172,077 shares of Common Stock of the Company as a result of its direct ownership of warrants of the Company.

 

WHHYFLP is deemed to beneficially own 1,172,077 shares of Common Stock of the Company as a result of its indirect ownership of warrants of the Company.

 

WHHYFLTD is deemed to beneficially own 1,172,077 shares of Common Stock of the Company as a result of its indirect ownership of warrants of the Company.

 

WSOA, is deemed to beneficially own 204,953 shares of Common Stock of the company.

 

WSOBP is deemed to beneficially own 204,953 shares of Convertible Bonds as a result of its indirect ownership of Common Stock of the company.

 

WSOBFLP is deemed to beneficially own 204,953 shares of Convertible Bonds as a result of its indirect ownership of Common Stock of the company

 

WSOBFLTD is deemed to beneficially own 204,953 shares of Convertible Bonds as a result of its indirect ownership of Common Stock of the company

 

As a result of the relationship described in this statement, each of WA, WCA, WCAA, WIA, WHHYA, PSA, WSOA, WCFLP, WCAFLP, WIFLP, WHHYFLP, PSFLP, WSOBFLP, WCFLTD, WCAFLTD, WIFLTD, WHHYFLTD, PSFLTD, and WSOBFLTD may be deemed to possess indirect beneficial ownership of the shares of Common Stock issuable upon the conversion of convertible bonds held by one or more of WCP, WCAP, WIP, WHHYP, PSP, and WSOBP, WA, WCA, WCAA, WIA, WHHYA, PSA, WSOA, WCFLP, WCAFLP, WIFLP, WHHYFLP, PSFLP, WSOBFLP, WCFLTD, WCAFLTD, WIFLTD, WHHYFLTD, PSFLTD, and WSOBFLTD each disclaim indirect beneficial ownership of the shares of Common Stock except to the extent of their pecuniary interest in such shares*

 

Based on the relationships described herein, these entities may be deemed to constitute a “group” within the meaning of Rule 13d-5(b)(1) under the Securities Exchange Act of 1934. The filing of this statement shall not be construed as an admission that WA, WCA, WCAA, WIA, WHHYA, PSA, WSOA, WCP, WCAP, WIP, WHHYP, PSP, WSOBP, WCFLP, WCAFLP, WIFLP, WHHYFLP, PSFLP, WSOBFLP, WCFLTD, WCAFLTD, WIFLTD, WHHYFLTD, PSFLTD, and WSOBFLTD are a group, or have agreed to act as a group.*

      
   (b)    Percent of Class      
     

WA is deemed to beneficially own 7.7% of the Company’s Common Stock.

 

WCA is deemed to beneficially own 3.0% of the company’s Common Stock

 

WCP is deemed to beneficially own 3.0% of the company’s Common Stock

 

WCFLP is deemed to beneficially own 3.0% of the company’s Common Stock

 

WCFLTD is deemed to beneficially own 3.0% of the company’s Common Stock

 

WCAA is deemed to beneficially own 2.1% of the Company’s Common Stock.

 

WCAP is deemed to beneficially own 2.1% of the Company’s Common Stock.

 

WCAFLP is deemed to beneficially own 2.1% of the Company’s Common Stock.

 

WCAFLTD is deemed to beneficially own 2.1% of the Company’s Common Stock.

 

WIA is deemed to beneficially own 0.5% of the Company’s Common Stock.

 

WIP is deemed to beneficially own 0.5% of the Company’s Common Stock.

 

WIFLP is deemed to beneficially own 0.5% of the Company’s Common Stock.

 

WIFLTD is deemed to beneficially own 0.5% of the Company’s Common Stock.

 

PSA is deemed to beneficially own 0.8% of the Company’s Common Stock.

 

PSP is deemed to beneficially own 0.8% of the Company’s Common Stock.

 

PSFLP is deemed to beneficially own 0.8% of the Company’s Common Stock.

 

PSFLTD is deemed to beneficially own 0.8% of the Company’s Common Stock.

 

WHHYA is deemed to beneficially own 1.1% of the Company’s Common Stock.

 

WHHYP is deemed to beneficially own 1.1% of the Company’s Common Stock.

 

WHHYFLP is deemed to beneficially own 1.1% of the Company’s Common Stock.

 

WHHYFLTD is deemed to beneficially own 1.1% of the Company’s Common Stock.

 

WSOA is deemed to beneficially own 0.2% of the company’s Common Stock

 

WSOBP is deemed to beneficially own 0.2% of the company’s Common Stock

 

WSOBFLP is deemed to beneficially own 0.2% of the company’s Common Stock

 

WSOBFLTD is deemed to beneficially own 0.2% of the company’s Common Stock

 

The percentage of Common Stock reportedly owned by each entity herein is based on 104,127,143 shares of outstanding Common Stock of the Company, which is the total number of shares issued and outstanding on 12/05/2008, plus Common Stock issuable upon conversion of Convertible Bonds and Warrants

      
   (c)    Number of shares as to which such person has:      
      (i)    Sole power to vote or to direct the vote      
         0      
      (ii)    Shared power to vote or to direct the vote      
        

WA has shared voting power with respect to 7,972,243 shares of the Company’s Common Stock.

 

WCA, WCP, WCFLP, and WCFLTD have shared voting power with respect to 3,097,156 Shares of the Company’s Common Stock.

 

WCAA, WCAP, WCAFLP, and WCAFLTD have shared voting power with respect to 2,169,351 shares of the Company’s Common Stock.

 

WIA, WIP, WIFLP, and WIFLTD have shared voting power with respect to 531,482 shares of the Company’s Common Stock.

 

PSA, PSP, PSFLP, and PSFLTD have shared voting power with respect to 797,224 shares of the Company’s Common Stock.

 

WHHYA, WHHYP, WHHYFLP, and WHHYFLTD have shared voting power with respect to 1,172,077 shares of the Company’s Common Stock.

 

WSOA, WSOBP, WSOBFLP, and WSOBFLTD have shared voting power with respect to 204,953 Shares of the Company’s Common Stock.

      
      (iii)    Sole power to dispose or to direct the disposition of      
         0      
      (iv)    Shared power to dispose or to direct the disposition of      
        

WA has shared power to direct the disposition of 7,972,243 shares of the Company’s Common Stock.

 

WCA, WCP, WCFLP, and WCFLTD have shared power to direct the disposition of 3,097,156 Shares of the Company’s Common Stock.

 

WCAA, WCAP, WCAFLP, and WCAFLTD have shared power to direct the disposition of 2,169,351 shares of the Company’s Common Stock.

 

WIA, WIP, WIFLP, and WIFLTD have shared power to direct the disposition of 531,482 shares of the Company’s Common Stock.

 

PSA, PSP, PSFLP, and PSFLTD have shared power to direct the disposition of 797,224 shares of the Company’s Common Stock.

 

WHHYA, WHHYP, WHHYFLP, and WHHYFLTD have shared power to direct the disposition of 1,172,077 shares of the Company’s Common Stock.

 

WSOA, WSOBP, WSOBFLP, and WSOBFLTD have shared voting power with respect to 204,953 Shares of the Company’s Common Stock.

      
   Instruction. For computations regarding securities which represent a right to acquire an underlying security see §240.13d3(d)(1).
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  ¨.   
   Not Applicable   
   Instruction. Dissolution of a group requires a response to this item.   
Item 6.    Ownership of More than Five Percent on Behalf of Another Person.      
   Not Applicable      
Item 7.    Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.
   Not Applicable
Item 8.    Identification and Classification of Members of the Group      
   See Item 2      
Item 9.    Notice of Dissolution of Group      
   Not Applicable      
Item 10.    Certification      
   By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and 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.      

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.

 

February 26, 2009

Date

/s/ Jonathan D. Wood

Signature

Jonathan D. Wood, Chief Operating Officer of Whitebox Advisors, LLC, on behalf of Whitebox Convertible Arbitrage Advisors, LLC, Pandora Select Advisors, LLC, Whitebox Intermarket Advisors, LLC and Whitebox Hedged High Yield Advisors, LLC

Name/Title

 

Page 28 of 29

By signing below I certify that, to the best of my 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.

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.

 

February 26, 2009

Date

/s/ Jonathan D. Wood

Signature

Jonathan D. Wood, Chief Operating Officer of Whitebox Advisors, LLC, on behalf of Whitebox Convertible Arbitrage Partners, L.P., Whitebox Convertible Arbitrage Fund, L.P., Whitebox Convertible Arbitrage Fund, Ltd., Pandora Select Partners, L.P.; Pandora Select Fund, L.P., Pandora Select Fund, Ltd., Whitebox Intermarket Partners, L.P., Whitebox Intermarket Fund, LP., Whitebox Intermarket Fund, Ltd. Whitebox Hedged High Yield Partners, L.P., Whitebox Hedged High Yield Fund, L.P., and Whitebox Hedged High Yield Fund, Ltd.

Name/Title

The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representative’s authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature.

NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7 for other parties for whom copies are to be sent.

Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001)

 

Page 29 of 29

-----END PRIVACY-ENHANCED MESSAGE-----