<DOCUMENT>
<TYPE>SC 13G/A
<SEQUENCE>1
<FILENAME>p09-1718sc13ga.txt
<DESCRIPTION>BIGSTRING CORPORATION
<TEXT>
SECURITIES & EXCHANGE COMMISSION
Washington, D.C. 20549
----------------------
SCHEDULE 13G
(Rule 13d-2)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO 13d-2(b)
(Amendment No. 1)*
BIGSTRING CORPORATION
(Name of Issuer)
Common Stock, par value $0.0001 per share
(Title of Class of Securities)
08989Q100
(CUSIP Number)
August 18, 2009
(Date of event which requires filing of this statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule 13G is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
(Page 1 of 20 Pages)
---------------
*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 purposes 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).
<PAGE>
CUSIP No. 08989Q100 13G/A Page 2 of 19 Pages
--------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSONS (ENTITIES ONLY)
THE RAPTOR GLOBAL PORTFOLIO 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
Cayman Islands
--------------------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES -----------------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
2,006,780
OWNED BY -----------------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING -----------------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
2,006,780
--------------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
2,006,780
--------------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
--------------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
3.35%
--------------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON **
OO
--------------------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 08989Q100 13G/A Page 3 of 19 Pages
--------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSONS (ENTITIES ONLY)
RAPTOR CAPITAL MANAGEMENT LP
--------------------------------------------------------------------------------
(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 (5) SOLE VOTING POWER
-0-
SHARES -----------------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
2,006,780
OWNED BY -----------------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING -----------------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
2,006,780
--------------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
2,006,780
--------------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
--------------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
3.35%
--------------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON **
PN
--------------------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 08989Q100 13G/A Page 4 of 19 Pages
--------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSONS (ENTITIES ONLY)
RAPTOR CAPITAL MANAGEMENT GP 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 (5) SOLE VOTING POWER
-0-
SHARES -----------------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
2,006,780
OWNED BY -----------------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING -----------------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
2,006,780
--------------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
2,006,780
--------------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
--------------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
3.35%
--------------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON **
OO
--------------------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 08989Q100 13G/A Page 5 of 19 Pages
--------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSONS (ENTITIES ONLY)
RAPTOR GROUP HOLDINGS LP
--------------------------------------------------------------------------------
(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 (5) SOLE VOTING POWER
-0-
SHARES -----------------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
2,006,780
OWNED BY -----------------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING -----------------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
2,006,780
--------------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
2,006,780
--------------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
--------------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
3.35%
--------------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON **
PN, HC
--------------------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 08989Q100 13G/A Page 6 of 19 Pages
--------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSONS (ENTITIES ONLY)
RAPTOR HOLDCO GP 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 (5) SOLE VOTING POWER
-0-
SHARES -----------------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
2,006,780
OWNED BY -----------------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING -----------------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
2,006,780
--------------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
2,006,780
--------------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
--------------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
3.35%
--------------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON **
OO
--------------------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 08989Q100 13G/A Page 7 of 19 Pages
--------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSONS (ENTITIES ONLY)
RAPTOR CAPITAL MANAGEMENT, INC.
--------------------------------------------------------------------------------
(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 (5) SOLE VOTING POWER
-0-
SHARES -----------------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
2,006,780
OWNED BY -----------------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING -----------------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
2,006,780
--------------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
2,006,780
--------------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
--------------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
3.35%
--------------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON **
CO
--------------------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 08989Q100 13G/A Page 8 of 19 Pages
--------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSONS (ENTITIES ONLY)
JAMES J. PALLOTTA
--------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
(3) SEC USE ONLY
--------------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
--------------------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES -----------------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
2,006,780
OWNED BY -----------------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING -----------------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
2,006,780
--------------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
2,006,780
--------------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
--------------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
3.35%
--------------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON **
IN
--------------------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 08989Q100 13G/A Page 9 of 19 Pages
This Schedule 13G Amendment No. 1 ("Schedule 13G/A") amends the Schedule 13G
filed on January 12, 2009 (the "Original Schedule 13G") by The Raptor Global
Portfolio Ltd., a Cayman Islands exempted company (the "Master Fund"), Raptor
Capital Management LP, a Delaware limited partnership (the "Manager"), Raptor
Holdco GP LLC, a Delaware limited liability company ("Holdco") and Mr. James J.
Pallotta. This Schedule 13G/A is being filed to describe changes and additions
among the members of the "group" (as that term is defined in Rule 13d-5(b)(1) of
the Securities Exchange Act of 1934, as amended) of Reporting Persons (as
defined below), as indicated herein and reports the fact that as of the date
hereof, the Reporting Persons have ceased to be the beneficial owner of more
than five percent of the class of securities reported herein.
Item 1(a). Name of Issuer:
The name of the issuer is BIGSTRING CORPORATION (the "Company").
Item 1(b). Address of Issuer's Principal Executive Offices:
The Company's principal executive office is located at 3 Harding Road,
Suite E, Red Bank, NJ 07701
Item 2(a). Name of Person Filing:
This statement is filed by:
(i) The Raptor Global Portfolio Ltd., a Cayman Islands exempted
company (the "Master Fund"), with respect to shares of Common
Stock (as defined in Item 2(d) below) directly owned by it;
(ii) Raptor Capital Management LP, a Delaware limited partnership
(the "Manager"), with respect to shares of Common Stock (as
defined in Item 2(d) below) directly owned by the Master Fund;
(iii) Raptor Capital Management GP LLC, a Delaware limited liability
company (the "General Partner"), which serves as the general
partner of the Manager, with respect to shares of Common Stock
(as defined in Item 2(d) below) directly owned by the Master
Fund;
(iv) Raptor Group Holdings LP, a Delaware limited partnership
("Group Holdings"), which serves as the managing member of the
General Partner of the Manager, with respect to shares of
Common Stock (as defined in Item 2(d) below) directly owned by
the Master Fund;
(v) Raptor Holdco GP LLC, a Delaware limited liability company
("Holdco"), which serves as the general partner of Group
Holdings, the managing member of the General Partner of the
Manager, with respect to shares of Common Stock (as defined in
Item 2(d) below) directly owned by the Master Fund;
<PAGE>
CUSIP No. 08989Q100 13G/A Page 10 of 19 Pages
(vi) Raptor Capital Management, Inc., a Delaware corporation ("RCM,
Inc."), which serves as the managing member of Holdco, the
general partner of Group Holdings, the managing member of the
General Partner of the Manager with respect to shares of
Common Stock (as defined in Item 2(d) below) directly owned by
the Master Fund; and
(vii) Mr. James J. Pallotta ("Mr. Pallotta"), who serves as the sole
shareholder of RCM, Inc., the managing member of Holdco, the
general partner of Group Holdings, the managing member of the
General Partner of the Manager with respect to shares of
Common Stock (as defined in Item 2(d) below) directly owned by
the Master Fund; and managing member of the General Partner
with respect to shares of Common Stock directly owned by the
Master Fund.
The Master Fund, the Manager, the General Partner, Group Holdings, Holdco,
RCM, Inc. and Mr. Pallotta are hereinafter sometimes collectively referred to as
the "Reporting Persons." Any disclosures herein with respect to persons other
than the Reporting Persons are made on information and belief after making
inquiry to the appropriate party.
Item 2(b). Address of Principal Business Office or, if None, Residence:
The address of the principal business office of each of the Manager, the
General Partner, Group Holdings, Holdco, RCM, Inc. and Mr. Pallotta is 50 Rowes
Wharf, 6th Floor, Boston, MA 02110. The address of the principal business office
of the Master Fund is Citco Fund Services (Curacao) N.V., P.O. Box 4774, Kaya
Flamboyan 9, Curacao, Netherlands Antilles.
Item 2(c). Citizenship:
Each of the Manager, the General Partner, Group Holdings, Holdco and RCM,
Inc. is organized under the laws of the State of Delaware. The Master Fund is an
exempted company organized under the laws of the Cayman Islands. Mr. Pallotta is
a citizen of the United States of America.
Item 2(d). Title of Class of Securities:
Common Stock, par value $0.0001 per share (the "Common Stock")
Item 2(e). CUSIP Number:
08989Q100
<PAGE>
CUSIP No. 08989Q100 13G/A Page 11 of 19 Pages
Item 3. If this statement is filed pursuant to Rules 13d-1(b) or 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) [ ] Investment Adviser in accordance with Rule
13d-1(b)(1)(ii)(E),
(f) [ ] Employee Benefit Plan or Endowment Fund in accordance with
Rule 13d-1(b)(1)(ii)(F),
(g) [ ] Parent Holding Company or control person in accordance with
Rule 13d-1(b)(1)(ii)(G),
(h) [ ] Savings Association as defined in Section 3(b) of the
Federal Deposit Insurance Act,
(i) [ ] 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 Rule 13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to 13d-1(c), check this box: [x]
<PAGE>
CUSIP No. 08989Q100 13G/A Page 12 of 19 Pages
Item 4. Ownership.
A. The Raptor Global Portfolio Ltd.
(a) Amount beneficially owned: 2,006,780
(b) Percent of class: 3.35% The percentages used herein and in the
rest of this Schedule 13G/A are calculated based upon (i) the
59,167,666 shares of Common Stock issued and outstanding as
reflected in the Company's Form 10Q dated August 14, 2009 and
(ii) 800,858 shares of Common Stock subject to a currently
exercisable warrant deemed to be outstanding pursuant to Rule
13d-3(d)(1)(i) because such shares may be obtained and
beneficially owned upon exercise or conversion within 60 days of
derivative securities currently owned by the Reporting Persons.
Pursuant to Rule 13d-3(d)(1)(i) the number of issued and
outstanding shares of Common Stock assumes that each other
shareholder of the Company does not exercise or convert herein
within 60 days.
(c) Number of shares as to which such person has:
(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 2,006,780
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition:
2,006,780
B. Raptor Capital Management LP
(a) Amount beneficially owned: 2,006,780
(b) Percent of class: 3.35%
(c) Number of shares as to which such person has:
(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 2,006,780
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition:
2,006,780
C. Raptor Capital Management GP LLC
(a) Amount beneficially owned: 2,006,780
(b) Percent of class: 3.35%
(c) Number of shares as to which such person has:
(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 2,006,780
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition:
2,006,780
D. Raptor Group Holdings LP
(a) Amount beneficially owned: 2,006,780
(b) Percent of class: 3.35%
(c) Number of shares as to which such person has:
(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 2,006,780
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition:
2,006,780
<PAGE>
CUSIP No. 08989Q100 13G/A Page 13 of 19 Pages
E. Raptor Holdco GP LLC
(a) Amount beneficially owned: 2,006,780
(b) Percent of class: 3.35%
(c) Number of shares as to which such person has:
(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 2,006,780
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition:
2,006,780
F. Raptor Capital Management, Inc.
(a) Amount beneficially owned: 2,006,780
(b) Percent of class: 3.35%
(c) Number of shares as to which such person has:
(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 2,006,780
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition:
2,006,780
G. Mr. James J. Pallotta
(a) Amount beneficially owned: 2,006,780
(b) Percent of class: 3.35%
(c) Number of shares as to which such person has:
(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 2,006,780
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition:
2,006,780
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 Persons have ceased to be the beneficial owners of more
than five percent of the class of securities, check the following [X].
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.
Not applicable.
Item 8. Identification and Classification of Members of the Group.
See Item 2.
Item 9. Notice of Dissolution of Group.
Not applicable.
<PAGE>
CUSIP No. 08989Q100 13G/A Page 14 of 19 Pages
Item 10. Certification.
Each of the Reporting Persons hereby makes the following certification:
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.
DATED: September 1, 2009
RAPTOR CAPITAL MANAGEMENT LP
By: Raptor Capital Management GP LLC, its
general partner;
By: Raptor Group Holdings LP, its managing
member;
By: Raptor Holdco GP LLC, its general
partner;
By: Raptor Capital Management, Inc., its
managing member;
By: James J. Pallotta, its Chairman of the
Board of Directors, President and Managing
Director
/s/ Brian Daly
-------------------------------------
Brian Daly, Attorney in Fact for
James J. Pallotta
RAPTOR CAPITAL MANAGEMENT GP LLC
BY: Raptor Group Holdings LP, its managing
member;
By: Raptor Holdco GP LLC, its general
partner;
By: Raptor Capital Management, Inc., its
managing member;
By: James J. Pallotta, its Chairman of the
Board of Directors, President and Managing
Director
/s/ Brian Daly
-------------------------------------
Brian Daly, Attorney in Fact for
James J. Pallotta
<PAGE>
CUSIP No. 08989Q100 13G/A Page 15 of 19 Pages
RAPTOR GROUP HOLDINGS LP
By: Raptor Holdco GP LLC, its general
partner;
By: Raptor Capital Management, Inc., its
managing member;
By: James J. Pallotta, its Chairman of the
Board of Directors, President and Managing
Director
/s/ Brian Daly
-------------------------------------
Brian Daly, Attorney in Fact for
James J. Pallotta
RAPTOR HOLDCO GP LLC
By: Raptor Capital Management, Inc., its
managing member;
By: James J. Pallotta, its Chairman of the
Board of Directors, President and Managing
Director
/s/ Brian Daly
-------------------------------------
Brian Daly, Attorney in Fact for
James J. Pallotta
RAPTOR CAPITAL MANAGEMENT, INC.
By: James J. Pallotta, its Chairman of the
Board of Directors, President and Managing
Director
/s/ Brian Daly
-------------------------------------
Brian Daly, Attorney in Fact for
James J. Pallotta
JAMES J. PALLOTTA
/s/ Brian Daly
-------------------------------------
Brian Daly, Attorney in Fact for
James J. Pallotta
<PAGE>
CUSIP No. 08989Q100 13G/A Page 16 of 19 Pages
THE RAPTOR GLOBAL PORTFOLIO LTD.
/s/ Brian Daly
-------------------------------------
Brian Daly, Attorney in Fact for
Roger Hanson, director of The Raptor Global
Portfolio Ltd.
<PAGE>
CUSIP No. 08989Q100 13G/A Page 17 of 19 Pages
EXHIBIT 1
JOINT ACQUISITION STATEMENT
PURSUANT TO RULE 13d-1(k)
The undersigned acknowledge and agree that the foregoing statement on
Schedule 13G, is filed on behalf of each of the undersigned and that all
subsequent amendments to this statement on Schedule 13G, shall be filed on
behalf of each of the undersigned without the necessity of filing additional
joint acquisition statements. The undersigned acknowledge that each shall be
responsible for the timely filing of such amendments, and for the completeness
and accuracy of the information concerning him or it contained therein, but
shall not be responsible for the completeness and accuracy of the information
concerning the others, except to the extent that he or it knows or has reason to
believe that such information is inaccurate.
DATED: September 1, 2009
RAPTOR CAPITAL MANAGEMENT LP
By: Raptor Capital Management GP LLC, its
general partner;
By: Raptor Group Holdings LP, its managing
member;
By: Raptor Holdco GP LLC, its general
partner;
By: Raptor Capital Management, Inc., its
managing member;
By: James J. Pallotta, its Chairman of the
Board of Directors, President and Managing
Director
/s/ Brian Daly
-------------------------------------
Brian Daly, Attorney in Fact for
James J. Pallotta
RAPTOR CAPITAL MANAGEMENT GP LLC
BY: Raptor Group Holdings LP, its managing
member;
By: Raptor Holdco GP LLC, its general
partner;
By: Raptor Capital Management, Inc., its
managing member;
By: James J. Pallotta, its Chairman of the
Board of Directors, President and Managing
Director
/s/ Brian Daly
-------------------------------------
Brian Daly, Attorney in Fact for
James J. Pallotta
<PAGE>
CUSIP No. 08989Q100 13G/A Page 18 of 19 Pages
RAPTOR GROUP HOLDINGS LP
By: Raptor Holdco GP LLC, its general
partner;
By: Raptor Capital Management, Inc., its
managing member;
By: James J. Pallotta, its Chairman of the
Board of Directors, President and Managing
Director
/s/ Brian Daly
-------------------------------------
Brian Daly, Attorney in Fact for
James J. Pallotta
RAPTOR HOLDCO GP LLC
By: Raptor Capital Management, Inc., its
managing member;
By: James J. Pallotta, its Chairman of the
Board of Directors, President and Managing
Director
/s/ Brian Daly
-------------------------------------
Brian Daly, Attorney in Fact for
James J. Pallotta
RAPTOR CAPITAL MANAGEMENT, INC.
By: James J. Pallotta, its Chairman of the
Board of Directors, President and Managing
Director
/s/ Brian Daly
-------------------------------------
Brian Daly, Attorney in Fact for
James J. Pallotta
JAMES J. PALLOTTA
/s/ Brian Daly
-------------------------------------
Brian Daly, Attorney in Fact for
James J. Pallotta
<PAGE>
CUSIP No. 08989Q100 13G/A Page 19 of 19 Pages
THE RAPTOR GLOBAL PORTFOLIO LTD.
/s/ Brian Daly
-------------------------------------
Brian Daly, Attorney in Fact for
Roger Hanson, director of The Raptor Global
Portfolio Ltd.
</TEXT>
</DOCUMENT>