Item 3.03 Material Modification to Rights of Security Holders

On January 29, 2009, the Company downwardly adjusted the per share exercise price of warrants to purchase common stock of the Company (the "Warrants") from $7.3652 to $3.6826. The Warrants were issued pursuant to the Warrants Agreement dated as of January 29, 2008 (the "Warrant Agreement") by and among the Company, Deutsche Bank AG, Hong Kong Branch as Warrant Agent and Deutsche Bank Luxembourg S.A. as Warrant Registrar. Pursuant to the Warrant Agreement, the exercise price of the Warrants is adjusted on the first anniversary of issuance and thereafter, at every six month anniversary beginning in the fiscal year 2009 if the volume weighted average price, or VWAP for the 15 trading days prior to the applicable reset date is less than the then applicable exercise price, in which case the exercise price shall be adjusted downward to the then current VWAP; provided however, that in no event shall the exercise price be adjusted below $3.6826 per share.

Item 9.01 Financial Statements and Exhibits

(c) Exhibits

Exhibit Number Description

99.1 Warrant Agreement (incorporated by reference to Exhibit 99.4 to Current Report on Form 8-K filed on January 31, 2008).

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