-----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,
 F45I7po/ZHKN103GlMgCDvpIgQHp6UAoxzInfNPZabN+q8Yr8v3W/LlTsrZQ5hAF
 uhL9rV82rSdFYf0kU3O7Xw==

<SEC-DOCUMENT>0000898432-06-000779.txt : 20060901
<SEC-HEADER>0000898432-06-000779.hdr.sgml : 20060901
<ACCEPTANCE-DATETIME>20060901164707
ACCESSION NUMBER:		0000898432-06-000779
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20060830
FILED AS OF DATE:		20060901
DATE AS OF CHANGE:		20060901

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Vyteris Holdings (Nevada), Inc.
		CENTRAL INDEX KEY:			0001139950
		STANDARD INDUSTRIAL CLASSIFICATION:	PHARMACEUTICAL PREPARATIONS [2834]
		IRS NUMBER:				841394211
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		1390 SOUTH 1100 EAST SUITE 204
		CITY:			SALT LAKE CITY
		STATE:			UT
		ZIP:			84105-2463
		BUSINESS PHONE:		2017032299

	MAIL ADDRESS:	
		STREET 1:		13-01 POLLITT DRIVE
		CITY:			FAIR LAWN
		STATE:			NJ
		ZIP:			07410

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TREASURE MOUNTAIN HOLDINGS INC
		DATE OF NAME CHANGE:	20010503

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			KIMBERLIN KEVIN
		CENTRAL INDEX KEY:			0000904841

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-32741
		FILM NUMBER:		061072046

	BUSINESS ADDRESS:	
		STREET 1:		SPENCER TRASK SECURITIES INC
		STREET 2:		535 MADISON AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		2123555565
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form4_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2006-08-30</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001139950</issuerCik>
        <issuerName>Vyteris Holdings (Nevada), Inc.</issuerName>
        <issuerTradingSymbol>VYHN</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000904841</rptOwnerCik>
            <rptOwnerName>KIMBERLIN KEVIN</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O 535 MADISON AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2>18TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10022</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>10% Convertible Subordinated Promissory Note due 12/01/2008</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>2.40</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2006-08-30</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionTotalValue>
                    <value>1166550</value>
                </transactionTotalValue>
                <transactionPricePerShare>
                    <value>1166550</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F1"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>486063</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <valueOwnedFollowingTransaction>
                    <value>7866550</value>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                </valueOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Note</value>
                    <footnoteId id="F4"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeTransaction>
        <derivativeTransaction>
            <securityTitle>
                <value>10% Convertible Subordinated Promissory Note due 12/01/2008</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>2.40</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2006-08-31</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionTotalValue>
                    <value>500000</value>
                </transactionTotalValue>
                <transactionPricePerShare>
                    <value>500000</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F1"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>208333</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <valueOwnedFollowingTransaction>
                    <value>8366550</value>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                </valueOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Note</value>
                    <footnoteId id="F4"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Immediately convertible.  Expires upon the maturity date of the Note, currently 12/01/2008, unless extended in
 writing by the holder.</footnote>
        <footnote id="F2">Includes (i) a 10% Convertible Subordinated Promissory Note due 12/01/2008 in the principal amount of $250,000 issued
 on January 31, 2006; (ii) a 10% Convertible Subordinated Promissory Note due 12/01/2008 in the principal amount of $500,000
 issued on February 13, 2006; (iii) a 10% Convertible Subordinated Promissory Note due 12/01/2008 in the principal amount of
 $500,000 issued on February 16, 2006; (iv) a 10% Convertible Subordinated Promissory Note due 12/01/2008 in the
 principal amount of $500,000 issued on March 21, 2006; (v) a 10% Convertible Subordinated Promissory Note due 12/01/2008 in
 the principal amount of $500,000 issued on April 4, 2006; (vi) a 10% Convertible Subordinated Promissory Note due 12/01/2008
 in the principal amount of $750,000 issued on April 18, 2006; (vii) a 10% Convertible Subordinated Promissory Note due
 12/01/2008 in the principal amount of $500,000 issued on May 5, 2006;</footnote>
        <footnote id="F3">(viii) a 10% Convertible Subordinated Promissory Note due 12/01/2008 in the principal amount of $500,000 issued on May 23,
 2006; (ix) a 10% Convertible Subordinated Promissory Note due 12/01/2008 in the principal amount of $500,000 issued on June
 8,  2006; (x) a 10% Convertible Subordinated Promissory Note due 12/01/2008 in the principal amount of $500,000 issued on
 June 26, 2006; (xi) a 10% Convertible Subordinated Promissory Note due 12/01/2008 in the principal amount of $200,000 issued
 on July 7, 2006; (xii) a 10% Convertible Subordinated Promissory Note due 12/01/2008 in the principal amount of $500,000
 issued on July 17, 2006; (xiii) a 10% Convertible Subordinated Promissory Note due 12/01/2008 in the principal amount of
 $500,000 issued on August 2, 2006; and (xiv) a 10% Convertible Subordinated Promissory Note due 12/01/2008 in the principal
 amount of $500,000 issued in August 17, 2006.</footnote>
        <footnote id="F4">Held by Spencer Trask Specialty Group, LLC, a Delaware limited liability company of which the Reporting Person is
 the non-member manager and indirectly the principal owner.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ KEVIN B. KIMBERLIN</signatureName>
        <signatureDate>2006-08-31</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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