This Amendment No. 1 to Schedule 13D amends and supplements the information set forth
in the Schedule 13D filed by the undersigned with the Securities and Exchange Commission on February 9, 2018 (the Schedule 13D). All capitalized terms contained herein but not otherwise defined shall have the meanings ascribed to
such terms in the Schedule 13D.
Item 3. Source and Amount of Funds or Other Consideration.
Item 3 of the Schedule 13D is hereby amended and restated in its entirety as follows:
Pursuant to the Securities Purchase Agreement (the Purchase Agreement) dated January 23, 2018, between the Issuer and Wipro
LLC, on such date Wipro LLC agreed to purchase 9,926 shares of Series A Convertible Preferred Stock (the Preferred Stock), each of which is convertible into Common Stock at the rate of approximately one share of Preferred Stock for
100.9126 shares of Common Stock. The actual number of shares of Common Stock may differ by approximately 50 shares. The total amount of funds used by Wipro LLC to acquire the Preferred Stock reported as purchased by them in Item 5(c) was $9,926,000.
Item 4. Purpose of Transaction.
Item 4 of the Schedule 13D is hereby amended to add the following:
On June 30, 2022, the Issuer entered into a Stock Repurchase Agreement (the Repurchase Agreement) with Wipro LLC to
repurchase the Preferred Stock for consideration consisting of (i) $1,000.00 per share in cash and (ii) 100,000 shares of the Issuers Common Stock, subject to certain closing conditions (the Repurchase Transaction). If such closing
conditions are not satisfied, the Repurchase Transaction will not be consummated.
The foregoing is a summary of the terms of the
Repurchase Agreement and does not purport to be complete. This summary is qualified in its entirety by reference to the full text of the Repurchase Agreement incorporated by reference herein as Exhibit 3.5.
Item 5. Interest in Securities of the Issuer
Item 5 of the Schedule 13D is hereby amended and restated in its entirety as follows:
(a) Based on the Issuers Form 10-Q for the quarterly period ended March 31, 2022, there
were 7,015,266 shares of Common Stock outstanding on April 15, 2022. The Reporting Persons beneficially own 9,926 shares of Series A Convertible Preferred Stock, which are currently convertible into an aggregate of 1,001,658 shares of Common
Stock pursuant to the terms of the Certificate of Designation. The actual number of shares of Common Stock may differ by approximately 50 shares. As a result, on an as-converted basis, the Reporting Person may
be deemed to beneficially own 12.49% of the outstanding Common Stock.
(b) The Reporting Persons share voting and dispositive power with
respect to the 9,926 shares of Series A Convertible Preferred Stock, to the extent permitted under the Certificate of Designation as well as the underlying shares of Common Stock.
(c) Other than as described in this Schedule 13D, no Reporting Person has effected any transaction in the Common Stock during the past 60
days.
(d) Not applicable.
(e) Not applicable.