-----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, Cw/+QltilRlcqLF66fc2sOaWCQ+UWv1BypGr1zJ5cGOC1jolf2j68yix17YOO8+I zsc5hjolAuN52gXMF46ZSw== 0001140361-09-003908.txt : 20090213 0001140361-09-003908.hdr.sgml : 20090213 20090213131359 ACCESSION NUMBER: 0001140361-09-003908 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20090213 DATE AS OF CHANGE: 20090213 GROUP MEMBERS: AARON H. BRAUN FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WC CAPITAL MANAGEMENT LLC CENTRAL INDEX KEY: 0001206633 IRS NUMBER: 000000000 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G MAIL ADDRESS: STREET 1: 300 DRAKES LANDING RD STREET 2: STE 230 CITY: GREENBRAE STATE: CA ZIP: 94904 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BROADCASTER INC CENTRAL INDEX KEY: 0000814929 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 942862863 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-39723 FILM NUMBER: 09600969 BUSINESS ADDRESS: STREET 1: 9201 OAKDALE AVENUE STREET 2: SUITE 200 CITY: CHATSWORTH STATE: CA ZIP: 91311 BUSINESS PHONE: (818) 206-9274 MAIL ADDRESS: STREET 1: 9201 OAKDALE AVENUE STREET 2: SUITE 200 CITY: CHATSWORTH STATE: CA ZIP: 91311 FORMER COMPANY: FORMER CONFORMED NAME: INTERNATIONAL MICROCOMPUTER SOFTWARE INC /CA/ DATE OF NAME CHANGE: 19920703 SC 13G 1 doc1.htm Schedule 13G

United States
Securities and Exchange Commission
Washington, D.C. 20549

Schedule 13G

Under the Securities Exchange Act of 1934
(Amendment No. n/a )*

OMB Number
3235-0145
BROADCASTER, INC.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
459862306
(CUSIP Number)
June 16, 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:

Rule 13d-1(b)
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).

CUSIP No.

  1. Names of Reporting Persons.
    I.R.S. Identification Nos. of above persons (entities only).

    WC CAPITAL MANAGEMENT LLC

  2. Check the Appropriate Box if a Member of a Group (See Instructions)
  3. SEC Use Only
  4. Citizenship or Place of Organization

    California

Number of Shares Beneficially Owned by Each Reporting Person With:

  1. Sole Voting Power

    0

  2. Shared Voting Power

    2,590,000

  3. Sole Dispositive Power

    0

  4. Shared Dispositive Power

    2,590,000

  1. Aggregate Amount Beneficially Owned by Each Reporting Person

    2,590,000

  2. Check if the Aggregate Amount in Row 9 Excludes Certain Shares (See Instructions)  
  3. Percent of Class Represented by Amount in Row 9

    5.0%

  4. Type of Reporting Person (See Instructions)

    IA

Footnotes:

Reporting Person Type is IA and OO.

CUSIP No.

  1. Names of Reporting Persons.
    I.R.S. Identification Nos. of above persons (entities only).

    Aaron H. Braun

  2. Check the Appropriate Box if a Member of a Group (See Instructions)
  3. SEC Use Only
  4. Citizenship or Place of Organization

    United States

Number of Shares Beneficially Owned by Each Reporting Person With:

  1. Sole Voting Power

    0

  2. Shared Voting Power

    2,590,000

  3. Sole Dispositive Power

    0

  4. Shared Dispositive Power

    2,590,000

  1. Aggregate Amount Beneficially Owned by Each Reporting Person

    2,590,000

  2. Check if the Aggregate Amount in Row 9 Excludes Certain Shares (See Instructions)  
  3. Percent of Class Represented by Amount in Row 9

    5.0%

  4. Type of Reporting Person (See Instructions)

    HC

Footnotes:

Reporting Person Type is HC and IN.

 

Item 1.

  1. Name of Issuer

    Broadcaster Inc.

  2. Address of Issuer's Principal Executive Offices

    9201 Oakdale Avenue
    Suite 200
    Chatsworth, CA 91311

Item 2.

  1. Name of Person Filing

    WC Capital Management, LLC
    Aaron H. Braun

  2. Address of Principal Business Office or, if None, Residence

    The principal address of the reporting person is 300 Drake Landing Boulevard, Suite 230, Greenbrea, CA 94904

  3. Citizenship

    Reference is made to Item 4 on pages 2, 3 and 4 of this Schedule 13G (this "Schedule"), which Items are incorporated by reference herein.

  4. Title of Class of Securities

    Common Stock

  5. CUSIP Number

    The Cusip # is 459862306

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:

  1.  Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
  2.  Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
  3.  Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
  4.  Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8).
  5.  An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
  6.  An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
  7.  A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
  8.  A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
  9.  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 (15 U.S.C. 80a-3);
  10.  Group, in accordance with §240.13d-1(b)(1)(ii)(J).

Item 4. Ownership

  1. Amount beneficially owned:

    2,590,000

  2. Percent of class:

    5.0%

  3. Number of shares as to which the person has:
    1. Sole power to vote or to direct the vote:

      0

    2. Shared power to vote or to direct the vote:

      2,590,000

    3. Sole power to dispose or to direct the disposition of:

      0

    4. Shared power to dispose or to direct the disposition of:

      2,590,000

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  .

Item 6. Ownership of More than Five Percent on Behalf of Another Person.

WC Capital Management, LLC is an investment adviser whose clients have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities covered by this Schedule 13G. Mr. Braun is the manager and controlling owner of WC Capital Management, LLC. No individual client's holdings of such securities are more than five percent of the class.

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

The Filers are filing this Schedule 13G jointly, but not as a group, and each of them expressly disclaims membership in a group within the meaning of rule 13d-5(b)(1) under the Securities Exchange Act of 1934, as amended. Each of WC Capital Management, LLC and Mr. Braun disclaims beneficial ownership of these securities except to the extent of that person’s pecuniary interest therein.

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 12, 2009
Date
WC Capital Management, LLC
/s/ Aaron H. Braun
Signature
Aaron H. Braun
Manager
Name / Title
/s/ Aaron H. Braun
Signature
Aaron H. Braun
Name / Title

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)

EX-1.1 2 misc1.htm MISCELLANEOUS EXHIBITS Unassociated Document


AGREEMENT REGARDING JOINT FILING
OF STATEMENT ON SCHEDULE 13D OR 13G

The undersigned agree to file jointly with the Securities and Exchange Commission (the "SEC") any and all statements on Schedule 13D or Schedule 13G (and any amendments or supplements thereto) required under section 13(d) of the Securities Exchange Act of 1934, as amended, in connection with purchases by the undersigned of the securities of any issuer.  For that purpose, the undersigned hereby constitute and appoint WC Capital Management, LLC, a California limited liability company, as their true and lawful agent and attorney-in-fact, with full power and authority for and on behalf of the undersigned to prepare or cause to be prepared, sign, file with the SEC and furnish to any other person all certificates, instruments, agreements and documents necessary to comply with section 13(d) and section 16(a) of the Securities Exchange Act of 1934, as amended, in connection with said purchases, and to do and perform every act necessary and proper to be done incident to the exercise of the foregoing power, as fully as the undersigned might or could do if personally present.

Dated:     December 15, 2008

WC CAPITAL MANAGEMENT, LLC   
 
   
By:     Aaron Braun, Manager
Aaron Braun
 
 

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