Schedule 13G

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

(Amendment No.     )*

 

 

GTX, INC.


(Name of Issuer)

COMMON STOCK, PAR VALUE $0.001


(Title of Class of Securities)

 

 

40052B108

                                (CUSIP Number)                                

May 16, 2006


(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)

x 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 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. 40052B108     Page 2 of 23 Pages

 

  1  

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)

   
                Atlas Master Fund, Ltd.    
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*  
  (a)  ¨  
    (b)  ¨    
  3   SEC USE ONLY  
         
  4   CITIZENSHIP OR PLACE OF ORGANIZATION  
                Cayman Islands    

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

    5    SOLE VOTING POWER
 
                  None
    6    SHARED VOTING POWER
 
                  165,410 (See Item 4)
    7    SOLE DISPOSITIVE POWER
 
                  None
    8    SHARED DISPOSITIVE POWER
 
                  165,410 (See Item 4)
  9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    
                165,410 (See Item 4)    
10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*   ¨
                Not Applicable    
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
                .54%    
12   TYPE OF REPORTING PERSON*  
                CO    

 

* SEE INSTRUCTIONS BEFORE FILLING OUT.


CUSIP No. 40052B108     Page 3 of 23 Pages

 

  1  

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)

   
                Atlas Global, LLC    
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*  
  (a)  ¨  
    (b)  ¨    
  3   SEC USE ONLY  
         
  4   CITIZENSHIP OR PLACE OF ORGANIZATION  
                Delaware    

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

    5    SOLE VOTING POWER
 
                  None
    6    SHARED VOTING POWER
 
                  165,410 (See Item 4)
    7    SOLE DISPOSITIVE POWER
 
                  None
    8    SHARED DISPOSITIVE POWER
 
                  165,410 (See Item 4)
  9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    
                165,410 (See Item 4)    
10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*   ¨
                Not Applicable    
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
                .54%    
12   TYPE OF REPORTING PERSON*  
                OO    

 

* SEE INSTRUCTIONS BEFORE FILLING OUT.


CUSIP No. 40052B108     Page 4 of 23 Pages

 

  1  

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)

   
                Atlas Global Investments, Ltd.    
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*  
  (a)  ¨  
    (b)  ¨    
  3   SEC USE ONLY  
         
  4   CITIZENSHIP OR PLACE OF ORGANIZATION  
                Cayman Islands    

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

    5    SOLE VOTING POWER
 
                  None
    6    SHARED VOTING POWER
 
                  165,410 (See Item 4)
    7    SOLE DISPOSITIVE POWER
 
                  None
    8    SHARED DISPOSITIVE POWER
 
                  165,410 (See Item 4)
  9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    
                165,410 (See Item 4)    
10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*   ¨
                Not Applicable    
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
                .54%    
12   TYPE OF REPORTING PERSON*  
                CO    

 

* SEE INSTRUCTIONS BEFORE FILLING OUT.


CUSIP No. 40052B108     Page 5 of 23 Pages

 

  1  

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)

   
                Atlas Global Investments II, Ltd.    
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*  
  (a)  ¨  
    (b)  ¨    
  3   SEC USE ONLY  
         
  4   CITIZENSHIP OR PLACE OF ORGANIZATION  
                Cayman Islands    

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

    5    SOLE VOTING POWER
 
                  None
    6    SHARED VOTING POWER
 
                  165,410 (See Item 4)
    7    SOLE DISPOSITIVE POWER
 
                  None
    8    SHARED DISPOSITIVE POWER
 
                  165,410 (See Item 4)
  9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    
                165,410 (See Item 4)    
10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*   ¨
                Not Applicable    
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
                .54%    
12   TYPE OF REPORTING PERSON*  
                CO    

 

* SEE INSTRUCTIONS BEFORE FILLING OUT.


CUSIP No. 40052B108     Page 6 of 23 Pages

 

  1  

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)

   
                Visium Balanced Fund, LP    
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*  
  (a)  ¨  
    (b)  ¨    
  3   SEC USE ONLY  
         
  4   CITIZENSHIP OR PLACE OF ORGANIZATION  
                Delaware    

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

    5    SOLE VOTING POWER
 
                  None
    6    SHARED VOTING POWER
 
                  590,648 (See Item 4)
    7    SOLE DISPOSITIVE POWER
 
                  None
    8    SHARED DISPOSITIVE POWER
 
                  590,648 (See Item 4)
  9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    
                590,648 (See Item 4)    
10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*   ¨
                Not Applicable    
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
                1.9%    
12   TYPE OF REPORTING PERSON*  
                OO    

 

* SEE INSTRUCTIONS BEFORE FILLING OUT.


CUSIP No. 40052B108     Page 7 of 23 Pages

 

  1  

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)

   
                Visium Long Bias Fund, LP    
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*  
  (a)  ¨  
    (b)  ¨    
  3   SEC USE ONLY  
         
  4   CITIZENSHIP OR PLACE OF ORGANIZATION  
                Delaware    

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

    5    SOLE VOTING POWER
 
                  None
    6    SHARED VOTING POWER
 
                  110,093 (See Item 4)
    7    SOLE DISPOSITIVE POWER
 
                  None
    8    SHARED DISPOSITIVE POWER
 
                  110,093 (See Item 4)
  9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    
                110,093 (See Item 4)    
10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*   ¨
                Not Applicable    
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
                .36%    
12   TYPE OF REPORTING PERSON*  
                OO    

 

* SEE INSTRUCTIONS BEFORE FILLING OUT.


CUSIP No. 40052B108     Page 8 of 23 Pages

 

  1  

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)

   
                Visium Balanced Offshore Fund, Ltd.    
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*  
  (a)  ¨  
    (b)  ¨    
  3   SEC USE ONLY  
         
  4   CITIZENSHIP OR PLACE OF ORGANIZATION  
                Cayman Islands    

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

    5    SOLE VOTING POWER
 
                  None
    6    SHARED VOTING POWER
 
                  619,948 (See Item 4)
    7    SOLE DISPOSITIVE POWER
 
                  None
    8    SHARED DISPOSITIVE POWER
 
                  619,948 (See Item 4)
  9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    
                619,948 (See Item 4)    
10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*   ¨
                Not Applicable    
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
                1.99%    
12   TYPE OF REPORTING PERSON*  
                CO    

 

* SEE INSTRUCTIONS BEFORE FILLING OUT.


CUSIP No. 40052B108     Page 9 of 23 Pages

 

  1  

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)

   
                Visium Balanced Long Bias Fund, Ltd.    
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*  
  (a)  ¨  
    (b)  ¨    
  3   SEC USE ONLY  
         
  4   CITIZENSHIP OR PLACE OF ORGANIZATION  
                Cayman Islands    

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

    5    SOLE VOTING POWER
 
                  None
    6    SHARED VOTING POWER
 
                  425,743 (See Item 4)
    7    SOLE DISPOSITIVE POWER
 
                  None
    8    SHARED DISPOSITIVE POWER
 
                  425,743 (See Item 4)
  9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    
                425,743 (See Item 4)    
10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*   ¨
                Not Applicable    
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
                1.37%    
12   TYPE OF REPORTING PERSON*  
                CO    

 

* SEE INSTRUCTIONS BEFORE FILLING OUT.


CUSIP No. 40052B108     Page 10 of 23 Pages

 

  1  

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)

   
                Visium Capital Management, LLC    
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*  
  (a)  ¨  
    (b)  ¨    
  3   SEC USE ONLY  
         
  4   CITIZENSHIP OR PLACE OF ORGANIZATION  
                Delaware    

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

    5    SOLE VOTING POWER
 
                  None
    6    SHARED VOTING POWER
 
                  1,746,432 (See Item 4)
    7    SOLE DISPOSITIVE POWER
 
                  None
    8    SHARED DISPOSITIVE POWER
 
                  1,746,432 (See Item 4)
  9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    
                1,746,432 (See Item 4)    
10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*   ¨
                Not Applicable    
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
                5.6%    
12   TYPE OF REPORTING PERSON*  
                OO    

 

* SEE INSTRUCTIONS BEFORE FILLING OUT.


CUSIP No. 40052B108     Page 11 of 23 Pages

 

  1  

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)

   
                Balyasny Asset Management L.P.    
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*  
  (a)  ¨  
    (b)  ¨    
  3   SEC USE ONLY  
         
  4   CITIZENSHIP OR PLACE OF ORGANIZATION  
                Delaware    

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

    5    SOLE VOTING POWER
 
                  165,410 (See Item 4)
    6    SHARED VOTING POWER
 
                  1,746,432 (See Item 4)
    7    SOLE DISPOSITIVE POWER
 
                  165,410 (See Item 4)
    8    SHARED DISPOSITIVE POWER
 
                  1,746,432 (See Item 4)
  9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    
                1,911,842 (See Item 4)    
10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*   ¨
                Not Applicable    
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
                6.16%    
12   TYPE OF REPORTING PERSON*  
                OO    

 

* SEE INSTRUCTIONS BEFORE FILLING OUT.


CUSIP No. 40052B108     Page 12 of 23 Pages

 

  1  

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)

   
                Dmitry Balyasny    
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*  
  (a)  ¨  
    (b)  ¨    
  3   SEC USE ONLY  
         
  4   CITIZENSHIP OR PLACE OF ORGANIZATION  
                United States    

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

    5    SOLE VOTING POWER
 
                  1,911,842 (See Item 4)
    6    SHARED VOTING POWER
 
                  1,746,432 (See Item 4)
    7    SOLE DISPOSITIVE POWER
 
                  1,911,842 (See Item 4)
    8    SHARED DISPOSITIVE POWER
 
                  1,746,432 (See Item 4)
  9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    
                1,911,842 (See Item 4)    
10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*   ¨
                Not Applicable    
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
                6.16%    
12   TYPE OF REPORTING PERSON*  
                IN    

 

* SEE INSTRUCTIONS BEFORE FILLING OUT.


Item 1  

(a)

   Name of Issuer:      
     GTX, Inc. (the “Company”)      
 

(b)

   Address of Issuer’s Principal Executive Offices:      
    

3 N. Dunlap Street

Van Vleet Building, 3rd Floor

Memphis, TN 38163

     
Item 2  

(a) - (c)

   This statement is filed on behalf of the following:      
 

(1) Atlas Master Fund, Ltd., a Cayman Islands corporation (“AMF”), with its principal business office at c/o Walkers SPV Limited, Walker House, P.O. Box 908 GT, George Town, Grand Cayman, Cayman Islands, British West Indies.

     
 

(2) Atlas Global, LLC, a Delaware limited liability company (“AG”), with its principal business office at 181 West Madison, Suite 3600, Chicago, IL 60602. AG owns 16.82% of the equity interests in AMF.

     
 

(3) Atlas Global Investments, Ltd., a Cayman Islands corporation (“AGI1”), with its principal business office at c/o Walkers SPV Limited, Walker House, P.O. Box 908 GT, George Town, Grand Cayman, Cayman Islands, British West Indies. AGI1 owns 74.72% of the equity interests in AMF.

     
 

(4) Atlas Global Investments II, Ltd., a Cayman Islands corporation (“AGI2”), with its principal business office at c/o Walkers SPV Limited, Walker House, P.O. Box 908 GT, George Town, Grand Cayman, Cayman Islands, British West Indies. AGI2 owns 8.46% of the equity interests in AMF.

     
 

(5) Visium Balanced Fund, LP, a Delaware limited partnership (“VBF”), with its principal business office at c/o Balyasny Asset Management L.P., 650 Madison Avenue, New York, NY 10022.

     
 

(6) Visium Long Bias Fund, LP, a Delaware limited partnership (“VLBF”), with its principal business office at c/o Balyasny Asset Management L.P., 650 Madison Avenue, New York, NY 10022.

     
 

(7) Visium Balanced Fund Offshore, Ltd., a Cayman Islands corporation (“VBFO”), with its principal business office at c/o Morgan Stanley Fund Services (Cayman) Limited, P.O. Box 2681GT, Century yard, 4th Floor, Cricket Square, Hutchins Drive, Grand Cayman, Cayman Islands, British West Indies.

     
 

(8) Visium Long Bias Fund Offshore, Ltd., a Cayman Islands corporation (“VLBFO”), with its principal business office at c/o Morgan Stanley Fund Services (Cayman) Limited, P.O. Box 2681GT, Century yard, 4th Floor, Cricket Square, Hutchins Drive, Grand Cayman, Cayman Islands, British West Indies.

     

 

Page 13 of 23 Pages


 

(9) Visium Capital Management, LLC, a Delaware limited liability company (“VCM”), with its principal business office at c/o Balyasny Asset Management L.P., 650 Madison Avenue, New York, NY 10022. VCM is the investment advisor to each of VBF, VLBF, VBFO and VLBFO.

     
 

(10) Balyasny Asset Management L.P., a Delaware limited partnership (“BAM”), with its principal business office at 181 West Madison, Suite 3600, Chicago, IL 60602. BAM is the sole managing member of AG, the investment advisor to each of AG, AGI1 and AGI2 and the investment subadvisor to each of VBF, VLBF, VBFO and VLBFO.

     
 

(11) Dmitry Balyasny, a United States citizen whose business address is 181 West Madison, Suite 3600, Chicago, IL 60602. Dmitry Balyasny is the sole managing member of the general partner of BAM.

     
 

(d)

   Title of Class of Securities:      
     Common Stock, Par Value $0.001      
 

(e)

   CUSIP Number:      
     40052B108      
Item 3   If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:   
     Not Applicable
Item 4   Ownership:      
 

AMF

     
  (a)    Amount Beneficially Owned:      
     165,410 shares      
  (b)    Percent of Class:      
     .54%      
  (c)    Number of Shares as to which person has:      
     (i)    sole power to vote or to direct vote:      
        165,410 shares      

 

Page 14 of 23 Pages


     (ii)    shared power to vote or to direct vote:      
        None      
     (iii)    sole power to dispose or direct disposition of:      
        165,410 shares      
     (iv)    shared power to dispose or to direct disposition of:      
        None      
    

AG

     
  (a)    Amount Beneficially Owned:      
     By virtue of its ownership of 16.82% of the equity interest in AMF, AG may be deemed to beneficially own the 165,410 shares of the Company’s Common Stock beneficially owned by AMF.      
  (b)    Percent of Class:      
     .54%      
  (c)    Number of Shares as to which person has:      
     (i)    sole power to vote or to direct vote:      
        None      
     (ii)    shared power to vote or to direct vote:      
        165,410 shares      
     (iii)    sole power to dispose or direct disposition of:      
        None      
     (iv)    shared power to dispose or to direct disposition of:      
        165,410 shares      

 

Page 15 of 23 Pages


  AGI1      
  (a)    Amount Beneficially Owned:      
     By virtue of its ownership of 74.72% of the equity interest in AMF, AGI1 may be deemed to beneficially own the 165,410 shares of the Company’s Common Stock beneficially owned by AMF.      
  (b)    Percent of Class:      
     .54%      
  (c)    Number of Shares as to which person has:      
     (i)    sole power to vote or to direct vote:      
        None      
     (ii)    shared power to vote or to direct vote:      
        165,410 shares      
     (iii)    sole power to dispose or direct disposition of:      
        None      
     (iv)    shared power to dispose or to direct disposition of:      
        165,410 shares      
 

AGI2

     
  (a)   

Amount Beneficially Owned:

     
     By virtue of its ownership of 8.46% of the equity interest in AMF, AGI2 may be deemed to beneficially own the 165,410 shares of the Company’s Common Stock beneficially owned by AMF.      
  (b)    Percent of Class:      
     .54%      
  (c)    Number of Shares as to which person has:      
     (i)    sole power to vote or to direct vote:      
        None      

 

Page 16 of 23 Pages


     (ii)    shared power to vote or to direct vote:      
        165,410 shares      
     (iii)    sole power to dispose or direct disposition of:      
        None      
     (iv)    shared power to dispose or to direct disposition of:      
        165,410 shares      
 

VBF

     
  (a)   

Amount Beneficially Owned:

     
     590,648 shares      
  (b)    Percent of Class:      
     1.9%      
  (c)    Number of Shares as to which person has:      
     (i)    sole power to vote or to direct vote:      
        None      
     (ii)    shared power to vote or to direct vote:      
        590,648 shares      
     (iii)    sole power to dispose or direct disposition of:      
        None      
     (iv)    shared power to dispose or to direct disposition of:      
        590,648 shares      
 

VLBF

     
  (a)   

Amount Beneficially Owned:

     
     110,093 shares      

 

Page 17 of 23 Pages


  (b)    Percent of Class:      
     .36%      
  (c)    Number of Shares as to which person has:      
     (i)    sole power to vote or to direct vote:      
        None      
     (ii)    shared power to vote or to direct vote:      
        110,093 shares      
     (iii)    sole power to dispose or direct disposition of:      
        None      
     (iv)    shared power to dispose or to direct disposition of:      
        110,093 shares      
 

VBFO

     
  (a)   

Amount Beneficially Owned:

     
     619,948 shares      
  (b)    Percent of Class:      
     1.99%      
  (c)    Number of Shares as to which person has:      
     (i)    sole power to vote or to direct vote:      
        None      
     (ii)    shared power to vote or to direct vote:      
        619,948 shares      
     (iii)    sole power to dispose or direct disposition of:      
        None      
     (iv)    shared power to dispose or to direct disposition of:      
        619,948 shares      

 

Page 18 of 23 Pages


 

VLBFO

     
  (a)   

Amount Beneficially Owned:

     
     425,743 shares      
  (b)    Percent of Class:      
     1.37%      
  (c)    Number of Shares as to which person has:      
     (i)    sole power to vote or to direct vote:      
        None      
     (ii)    shared power to vote or to direct vote:      
        425,743 shares      
     (iii)    sole power to dispose or direct disposition of:      
        None      
     (iv)    shared power to dispose or to direct disposition of:      
        425,743 shares      
 

VCM

     
  (a)   

Amount Beneficially Owned:

     
     By virtue of its position as investment advisor to each of VBF, VLBF, VBFO and VLBFO, VCM may be deemed to beneficially own the 1,746,432 shares of the Company’s Common Stock beneficially owned by VBF, VLBF, VBFO and VLBFO.      
  (b)    Percent of Class:      
     5.6%      

 

Page 19 of 23 Pages


  (c)    Number of Shares as to which person has:      
     (i)    sole power to vote or to direct vote:      
        None      
     (ii)    shared power to vote or to direct vote:      
        1,746,432 shares      
     (iii)    sole power to dispose or direct disposition of:      
        None      
     (iv)    shared power to dispose or to direct disposition of:      
        1,746,432 shares      
 

BAM

     
  (a)   

Amount Beneficially Owned:

     
     By virtue of its position as investment advisor to each of AG, AGI1 and AGI2 and its role as sole managing member of AG, BAM may be deemed to beneficially own the 165,410 shares of the Company’s Common Stock beneficially owned by AG, AGI1 and AGI2. By virtue of its position as investment subadvisor to each of VFB, VLBF, VBFO and VLBFO, BAM may be deemed to beneficially own the 1,746,432 shares of the Company’s Common Stock beneficially owned by VFB, VLBF, VBFO and VLBFO.      
  (b)    Percent of Class:      
     6.16%      
  (c)    Number of Shares as to which person has:      
     (i)    sole power to vote or to direct vote:      
        165,410 shares      
     (ii)    shared power to vote or to direct vote:      
        1,746,432 shares      
     (iii)    sole power to dispose or direct disposition of:      
        165,410 shares      
     (iv)    shared power to dispose or to direct disposition of:      
        1,746,432 shares      

 

Page 20 of 23 Pages


 

Dmitry Balyasny

     
  (a)   

Amount Beneficially Owned:

     
     By virtue of his position as the sole managing member of the general partner of BAM, Mr. Balyasny may be deemed to beneficially own the 1,911,842 shares of the Company’s Common Stock beneficially owned by BAM.      
  (b)    Percent of Class:      
     6.16%      
  (c)    Number of Shares as to which person has:      
     (i)    sole power to vote or to direct vote:      
        165,410 shares      
     (ii)    shared power to vote or to direct vote:      
        1,746,432 shares      
     (iii)    sole power to dispose or direct disposition of:      
        165,410 shares      
     (iv)    shared power to dispose or to direct disposition of:      
        1,746,432 shares      
Item 5   Ownership of Five Percent or Less of a Class:      
  Not Applicable      
Item 6   Ownership of More than Five Percent on Behalf of Another Person:      
  Not Applicable      

 

Page 21 of 23 Pages


       
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:      
  Not Applicable      
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 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.      

 

Page 22 of 23 Pages


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.

Date: May 19, 2006.

 

ATLAS MASTER FUND, LTD.   VISIUM LONG BIAS FUND, LP
By:  

/s/ Scott Shroeder

  By:  

/s/ Scott Shroeder

 

Scott Schroeder

Authorized Signatory

   

Scott Schroeder

Authorized Signatory

ATLAS GLOBAL, LLC   VISIUM BALANCED FUND OFFSHORE, LTD.
By:  

/s/ Scott Shroeder

  By:  

/s/ Scott Shroeder

 

Scott Schroeder

Authorized Signatory

   

Scott Schroeder

Authorized Signatory

ATLAS GLOBAL INVESTMENTS, LTD.   VISIUM LONG BIAS FUND OFFSHORE, LTD.
By:  

/s/ Scott Shroeder

  By:  

/s/ Scott Shroeder

 

Scott Schroeder

Authorized Signatory

   

Scott Schroeder

Authorized Signatory

ATLAS GLOBAL INVESTMENTS II, LTD.   VISIUM CAPITAL MANAGEMENT, LLC
By:  

/s/ Scott Shroeder

  By:  

/s/ Scott Shroeder

 

Scott Schroeder

Authorized Signatory

   

Scott Schroeder

Authorized Signatory

VISIUM BALANCED FUND, LP   BALYASNY ASSET MANAGEMENT L.P.
By:  

/s/ Scott Shroeder

  By:  

/s/ Scott Shroeder

 

Scott Schroeder

Authorized Signatory

   

Scott Schroeder

Authorized Signatory

    DMITRY BALYASNY
    By:  

/s/ Scott Shroeder

     

Scott Schroeder

Authorized Representative and Executive Officer

Managing Director of Finance and General Counsel

 

Page 23 of 23 Pages