-----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, RA1PKu6o09jzfGPEGFlb4kGnFAl/3pfutIdWP1CTXAixwh3fhVU4bWM6mynp9mUT X86z1HguTvWCdPbVXywaQQ== 0001123292-07-000043.txt : 20070119 0001123292-07-000043.hdr.sgml : 20070119 20070119165604 ACCESSION NUMBER: 0001123292-07-000043 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070119 DATE AS OF CHANGE: 20070119 GROUP MEMBERS: CHARLES E. MCCARTHY GROUP MEMBERS: CHRISTIAN PUSCASIU GROUP MEMBERS: HENRY J. LAWLOR, JR. GROUP MEMBERS: KEVIN A. RICHARDSON, II GROUP MEMBERS: MURRAY A. INDICK SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: VALASSIS COMMUNICATIONS INC CENTRAL INDEX KEY: 0000883293 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ADVERTISING [7310] IRS NUMBER: 382760940 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-42356 FILM NUMBER: 07541373 BUSINESS ADDRESS: STREET 1: 19975 VICTOR PARKWAY CITY: LIVONIA STATE: MI ZIP: 48152 BUSINESS PHONE: 3135913000 MAIL ADDRESS: STREET 1: 19975 VICTOR PARKWAY CITY: LIVONIA STATE: MI ZIP: 48152 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Prides Capital Partners, LLC CENTRAL INDEX KEY: 0001295315 IRS NUMBER: 200654530 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 200 HIGH STREET STREET 2: SUITE 700 CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 617 778 9200 MAIL ADDRESS: STREET 1: 200 HIGH STREET STREET 2: SUITE 700 CITY: BOSTON STATE: MA ZIP: 02110 SC 13D 1 vci13d11907.htm SCHEDULE 13D

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13D

 

Under the Securities Exchange Act of 1934

 

Valassis Communications Inc

------------------------------------------

(Name of Issuer)

 

COMMON STOCK, $.01 par value

-------------------------------------

(Title of Class of Securities)

 

918866104

---------

(CUSIP Number)

 

Murray A. Indick

Prides Capital Partners, L.L.C.

200 High Street, Suite 700

Boston, MA 02110

(617) 778-9200

-------------------

(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

January 10, 2007

-----------------

(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 Rule 13d-1(b)(3) or (4), check the following box o.

 

*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 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. 918866104                                             SCHEDULE 13D

-----------------------------------------------------------------------

1.

NAME OF REPORTING PERSON

Prides Capital Partners, L.L.C.

 

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

20-0654530

 

-----------------------------------------------------------------------

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

(a) []

 

(b) [ X ]

-----------------------------------------------------------------------

3.

SEC USE ONLY

-----------------------------------------------------------------------

4.

SOURCE OF FUNDS*

 

See Item 3

-----------------------------------------------------------------------

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

-----------------------------------------------------------------------

7.

SOLE VOTING POWER

-0-

-----------------------------------------------------------------------

8.

SHARED VOTING POWER

 

2,586,400**

-----------------------------------------------------------------------

9.

SOLE DISPOSITIVE POWER

-0-

-----------------------------------------------------------------------

10.

SHARED DISPOSITIVE POWER

 

2,586,400**

-----------------------------------------------------------------------

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,586,400**

-----------------------------------------------------------------------

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES

 

CERTAIN SHARES o

-----------------------------------------------------------------------

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

5.4%**

-----------------------------------------------------------------------

14.

TYPE OF REPORTING PERSON

OO ( Limited Liability Company)

-----------------------------------------------------------------------

** See Item 5

 

 

CUSIP NO. 918866104                                             SCHEDULE 13D

-----------------------------------------------------------------------

1.

NAME OF REPORTING PERSON

Kevin A. Richardson, II

 

-----------------------------------------------------------------------

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

(a) []

 

(b) [ X ]

-----------------------------------------------------------------------

3.

SEC USE ONLY

-----------------------------------------------------------------------

4.

SOURCE OF FUNDS*

 

See Item 3

-----------------------------------------------------------------------

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

USA

-----------------------------------------------------------------------

7.

SOLE VOTING POWER

-0-

-----------------------------------------------------------------------

8.

SHARED VOTING POWER

 

2,586,400**

-----------------------------------------------------------------------

9.

SOLE DISPOSITIVE POWER

-0-

-----------------------------------------------------------------------

10.

SHARED DISPOSITIVE POWER

2,586,400**

-----------------------------------------------------------------------

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,586,400**

-----------------------------------------------------------------------

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES

 

CERTAIN SHARES o

-----------------------------------------------------------------------

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

5.4%**

-----------------------------------------------------------------------

14.

TYPE OF REPORTING PERSON

 

IN ( Limited Liability Company)

-----------------------------------------------------------------------

** See Item 5

 

 

CUSIP NO. 918866104                                             SCHEDULE 13D

-----------------------------------------------------------------------

1.

NAME OF REPORTING PERSON

Henry J. Lawlor, Jr.

 

-----------------------------------------------------------------------

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

(a) []

 

(b) [ X ]

-----------------------------------------------------------------------

3.

SEC USE ONLY

-----------------------------------------------------------------------

4.

SOURCE OF FUNDS*

 

See Item 3

-----------------------------------------------------------------------

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

 

USA

-----------------------------------------------------------------------

7.

SOLE VOTING POWER

-0-

-----------------------------------------------------------------------

8.

SHARED VOTING POWER

 

2,586,400**

-----------------------------------------------------------------------

9.

SOLE DISPOSITIVE POWER

-0-

-----------------------------------------------------------------------

10.

SHARED DISPOSITIVE POWER

 

2,586,400**

-----------------------------------------------------------------------

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,586,400**

-----------------------------------------------------------------------

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES

 

CERTAIN SHARES o

-----------------------------------------------------------------------

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

5.4%**

-----------------------------------------------------------------------

14.

TYPE OF REPORTING PERSON

 

IN

-----------------------------------------------------------------------

** See Item 5

 

 

CUSIP NO. 918866104                                             SCHEDULE 13D

-----------------------------------------------------------------------

1.

NAME OF REPORTING PERSON

Murray A. Indick

 

-----------------------------------------------------------------------

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

a) o

 

b) [ X ]

-----------------------------------------------------------------------

3.

SEC USE ONLY

-----------------------------------------------------------------------

4.

SOURCE OF FUNDS*

 

See Item 3

-----------------------------------------------------------------------

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

 

USA

-----------------------------------------------------------------------

7.

SOLE VOTING POWER

-0-

-----------------------------------------------------------------------

8.

SHARED VOTING POWER

 

2,586,400**

-----------------------------------------------------------------------

9.

SOLE DISPOSITIVE POWER

-0-

-----------------------------------------------------------------------

10.

SHARED DISPOSITIVE POWER

 

2,586,400**

-----------------------------------------------------------------------

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,586,400**

-----------------------------------------------------------------------

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES

 

CERTAIN SHARES o

-----------------------------------------------------------------------

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

5.4%**

-----------------------------------------------------------------------

14.

TYPE OF REPORTING PERSON

 

IN

-----------------------------------------------------------------------

** See Item 5

 

 

CUSIP NO. 918866104                                             SCHEDULE 13D

-----------------------------------------------------------------------

1.

NAME OF REPORTING PERSON

Charles E. McCarthy

 

-----------------------------------------------------------------------

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

(a) []

 

(b) [ X ]

-----------------------------------------------------------------------

3.

SEC USE ONLY

-----------------------------------------------------------------------

4.

SOURCE OF FUNDS*

 

See Item 3

-----------------------------------------------------------------------

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

 

USA

-----------------------------------------------------------------------

7.

SOLE VOTING POWER

-0-

-----------------------------------------------------------------------

8.

SHARED VOTING POWER

 

2,586,400**

-----------------------------------------------------------------------

9.

SOLE DISPOSITIVE POWER

-0-

-----------------------------------------------------------------------

10.

SHARED DISPOSITIVE POWER

2,586,400**

-----------------------------------------------------------------------

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,586,400**

-----------------------------------------------------------------------

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES

 

CERTAIN SHARES o

-----------------------------------------------------------------------

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

5.4%**

-----------------------------------------------------------------------

14.

TYPE OF REPORTING PERSON

 

IN

-----------------------------------------------------------------------

** See Item 5

 

 

CUSIP NO. 918866104                                             SCHEDULE 13D

-----------------------------------------------------------------------

1.

NAME OF REPORTING PERSON

Christian Puscasiu

 

-----------------------------------------------------------------------

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

(a) o

 

(b) [ X ]

-----------------------------------------------------------------------

3.

SEC USE ONLY

-----------------------------------------------------------------------

4.

SOURCE OF FUNDS*

 

See Item 3

-----------------------------------------------------------------------

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

 

USA

-----------------------------------------------------------------------

7.

SOLE VOTING POWER

-0-

-----------------------------------------------------------------------

8.

SHARED VOTING POWER

 

2,586,400**

-----------------------------------------------------------------------

9.

SOLE DISPOSITIVE POWER

-0-

-----------------------------------------------------------------------

10.

SHARED DISPOSITIVE POWER

2,586,400**

-----------------------------------------------------------------------

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,586,400**

-----------------------------------------------------------------------

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES

 

CERTAIN SHARES o

-----------------------------------------------------------------------

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

5.4%**

-----------------------------------------------------------------------

14.

TYPE OF REPORTING PERSON

 

IN

-----------------------------------------------------------------------

** See Item 5

 

 

CUSIP NO. 918866104                                             SCHEDULE 13D

 

Item 1. Security and Issuer

----------------------------

 

This Schedule 13D relates to shares of Common Stock, $.01 par value (the "Common Stock") of Valassis Communications, Inc., a Delaware corporation (the "Issuer"). The principal executive office and mailing address of the Issuer is 19975 Victor Parkway Livonia, Michigan 48152.

 

Item 2. Identity and Background

--------------------------------

 

This Schedule 13D is being filed by Prides Capital Partners, L.L.C. a Delaware limited liability company, Kevin A. Richardson, II, Henry J. Lawlor, Jr., Murray A. Indick, Charles E. McCarthy and Christian Puscasiu.

 

Prides Capital Partners, L.L.C. is a Delaware limited liability company whose principal business is acting as general partner for an investment partnership and providing investment advisory services.

 

The principal business office address of Prides Capital Partners, L.L.C. is 200 High Street, Suite 700, Boston, MA 02110. The names of the executive officers and directors of Prides Capital Partners, L.L.C., their addresses, citizenship and principal occupations are as follows:

 

Name and
Office Held
=================


Business Address
=====================


Citizenship
========

Principal Occupation or Employment
========================

Kevin A. Richardson, II
Partner

200 High Street, Ste 700
Boston, MA 2110

USA

Partner
Prides Capital Partners, L.L.C.

 

Henry J. Lawlor, Jr.
Partner

200 High Street, Ste 700
Boston, MA 2110

USA

Partner
Prides Capital Partners, L.L.C.

 

Murray A. Indick
Partner

200 High Street, Ste 700
Boston, MA 2110

USA

Partner
Prides Capital Partners, L.L.C.

 

Charles E. McCarthy
Partner

200 High Street, Ste 700
Boston, MA 2110

USA

Partner
Prides Capital Partners, L.L.C.

 

Christian Puscasiu
Partner

200 High Street, Ste 700
Boston, MA 2110

USA

Partner
Prides Capital Partners, L.L.C.

 

 

 

CUSIP NO. 918866104                                             SCHEDULE 13D

 

To the best knowledge of the Reporting Persons, none of the entities or persons identified in this Item 2 has, during the past five years, been convicted of any criminal proceeding (excluding traffic violations or similar misdemeanors), nor been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

 

Item 3. Source and Amount of Funds or Other Consideration

----------------------------------------------------------

 

The source of funds for the purchases of securities was the working capital of the limited partnership for which Prides Capital Partners, L.L.C. serves as the sole general partner.

 

Item 4. Purpose of Transaction

-------------------------------

The purpose of the acquisition of the Shares is for investment, and the acquisitions of the Shares were made in the ordinary course of business and were not made for the purpose of acquiring control of the Issuer.

 

Although no Reporting Person has any specific plan or proposal to acquire or dispose of the Shares, consistent with its investment purpose, each Reporting Person at any time and from time to time may acquire additional Shares or dispose of any or all of its Shares depending upon an ongoing evaluation of the investment in the Shares, prevailing market conditions, other investment opportunities, liquidity requirements of the Reporting Persons, and/or other investment considerations.

 

Also, consistent with the investment purpose, the Reporting Persons may engage in communications with one or more shareholders of the Issuer, one or more officers of the Issuer and/or one or more members of the board of directors of the Issuer and/or one or more representatives of the Issuer regarding the Issuer, including but not limited to its operations. The Reporting Persons may discuss ideas that, if effected may result in any of the following: the acquisition by persons of additional Shares of the Issuer, an extraordinary corporate transaction involving the Issuer, and/or changes in the board of directors or management of the Issuer.

 

Except to the extent the foregoing may be deemed a plan or proposal, none of the Reporting Persons has any plans or proposals which relate to, or could result in, any of the matters referred to in paragraphs (a) through (j), inclusive, of the instructions to Item 4 of Schedule 13D. The Reporting Persons may, at any time and from time to time, review or reconsider their position and/or change their purpose and/or formulate plans or proposals with respect thereto.

 

 

CUSIP NO. 918866104                                             SCHEDULE 13D

 

Item 5. Interest in Securities of the Issuer

---------------------------------------------

 

(a),(b) According to the Issuer’s 10-Q filed on November 9, 2006, there were 47,806,526 shares of common stock issued and outstanding as of November 3, 2006. Based on such information, after taking into account the transactions described in Item 5(c) below, the Reporting Persons report beneficial ownership of 2,586,400 shares of common stock, representing 5.4% of the shares outstanding, held by Prides Capital Partners, L.L.C. Voting and investment power concerning the above shares are held solely by Prides Capital Partners, L.L.C.

 

Although Kevin A. Richardson, II, Henry J. Lawlor, Jr., Murray A. Indick, Charles E. McCarthy and Christian Puscasiu are joining in this Schedule as Reporting Persons, the filing of this Schedule shall not be construed as an admission that any of them are, for any purpose, the beneficial owner of any of the securities that are beneficially owned by Prides Capital Partners, L.L.C.

 

(c) During the last 60 days, the Reporting Persons purchased the following Shares in the open market:

 

 

Trade Date

Shares

Price/Share

12/18/2006

500,000

14.49

12/19/2006

475,000

15.02

12/20/2006

125,000

14.67

12/21/2006

225,000

14.74

12/22/2006

150,000

14.62

12/27/2006

20,000

14.69

12/28/2006

20,000

14.62

12/29/2006

7,000

14.47

1/03/2007

42,000

14.31

1/04/2007

30,000

14.05

1/05/2007

43,000

13.88

1/08/2007

50,000

13.72

1/09/2007

50,000

13.49

1/10/2007

100,000

13.55

1/11/2007

25,000

13.73

1/12/2007

50,000

13.74

1/17/2007

25,000

13.80

1/18/2007

20,000

13.80

 

(d) and (e) Not applicable.

 

 

CUSIP NO. 918866104                                             SCHEDULE 13D

 

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

-----------------------------------------------------------------------

On January 11, 2007, the Reporting Persons sold put options covering an aggregate of 1,000,000 shares of Common Stock. The strike price of the put options is $12.50 per share. The put options were sold in a privately negotiated transaction. The put options can only be exercised on, and expire on, January 18, 2008.

 

The put options, if exercised, will be settled in cash, and the counterparty will pay to the Reporting Persons an amount equal to (a) the number of shares subject to the put options multiplied by (b) the positive amount, if any, determined by subtracting the market price per share of the Common Stock on January 18, 2008 (“Market Price”) from the put option strike price. No payment will be made under the put options if the Market Price is greater than the put option strike price on the expiration date.

 

Except as disclosed above in this item 6 above, none of the Reporting Persons is a party to any contract, arrangement, understanding or relationship with respect to any securities of the Issuer, including but not limited to the transfer or voting of any securities of the Issuer, finder's fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies.

 

Item 7. Material to be Filed as Exhibits

-----------------------------------------

Exhibit A Joint Filing Undertaking.

 

 

CUSIP NO. 918866104                                             SCHEDULE 13D

 

SIGNATURES

 

After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

 

Dated: January 19, 2007

 

Prides Capital Partners, L.L.C.

 

By:

/s/ Murray A. Indick

 

 

 

 

-----------------------

 

 

 

 

Murray A. Indick

Managing Member

 

 

 

 

 

 

 

 

 

 

Kevin A. Richardson, II

 

 

 

 

 

 

/s/ Murray A. Indick

By:

/s/ Murray A. Indick

 

-----------------------

 

-----------------------

 

Murray A. Indick

 

 

Murray A. Indick

Attorney-in-Fact

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Henry J. Lawlor, Jr.

Charles E. McCarthy

 

 

 

 

 

 

By:

/s/ Murray A. Indick

By:

/s/ Murray A. Indick

 

 

-----------------------

 

-----------------------

 

 

Murray A. Indick

Attorney-in-Fact

 

Murray A. Indick

Attorney-in-Fact

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Christian Puscasiu

 

 

 

 

 

 

 

 

By:

/s/ Murray A. Indick

 

 

 

 

-----------------------

 

 

 

 

Murray A. Indick

Attorney-in-Fact

 

 

 

 

 

CUSIP NO. 918866104                              SCHEDULE 13D

 

 

Exhibit A

JOINT FILING UNDERTAKING

 

The undersigned, being duly authorized thereunto, hereby execute this agreement as an exhibit to this Schedule 13D to evidence the agreement of the below-named parties, in accordance with the rules promulgated pursuant to the Securities Exchange Act of 1934, to file this Schedule jointly on behalf of each such party.

 

Dated: January 19, 2007

 

Prides Capital Partners, L.L.C.

 

By:

/s/ Murray A. Indick

 

 

 

 

-----------------------

 

 

 

 

Murray A. Indick

Managing Member

 

 

 

 

 

 

 

 

 

 

Kevin A. Richardson, II

 

 

 

 

 

 

/s/ Murray A. Indick

By:

/s/ Murray A. Indick

 

-----------------------

 

-----------------------

 

Murray A. Indick

 

 

Murray A. Indick

Attorney-in-Fact

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Henry J. Lawlor, Jr.

Charles E. McCarthy

 

 

 

 

 

 

By:

/s/ Murray A. Indick

By:

/s/ Murray A. Indick

 

 

-----------------------

 

-----------------------

 

 

Murray A. Indick

Attorney-in-Fact

 

Murray A. Indick

Attorney-in-Fact

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Christian Puscasiu

 

 

 

 

 

 

 

 

By:

/s/ Murray A. Indick

 

 

 

 

-----------------------

 

 

 

 

Murray A. Indick

Attorney-in-Fact

 

 

 

 

 

 

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