SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* DEUTSCHE BANK AG\ (Last) (First) (Middle) THEODOR-HEUSS-ALLEE 70 60,468 (Street) FRANKFURT AM MAIN 2M (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 03/01/2010	3. Issuer Name and Ticker or Trading Symbol EMERSON RADIO CORP [ MSN ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Emerson Radio Corp.	3,780,600(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Deutsche Bank AG acquired beneficial ownership of 3,780,600 shares of Emerson Radio Corp's common stock on March 1, 2010 upon the default of Grande Holdings Ltd. (the "Pledgor") who had pledged those shares to Deutsche Bank AG. Deutsche Bank AG will be making sales of those shares in order to satisfy the obligation of the Pledgor but has no pecuniary interest in those sales and therefore will not be reporting the sales on Form 4 pursuant to Section 16(a) of the Exchange Act. Deutsche Bank AG understands that the Pledgor, who will have a pecuniary interest in those sales, will be responsible for making appropriate Form 4 filings pursuant to Section 16(a) of the Exchange Act in connection with those sales.

	Cesar A. Coy	03/09/2010
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
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