CUSIP
No. 701354102
|
13G
|
Page
2 of 9 Pages
|
1
|
NAME
OF REPORTING PERSONS
I.R.S.
IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Knoll
Capital Management, LP
|
||
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
||
(a)
|
o
|
||
(b)
|
x
|
||
Joint
Filer
|
|||
3
|
SEC
USE ONLY
|
||
4
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
Delaware
|
NUMBER OF
|
5
|
SOLE
VOTING POWER
0
|
SHARES
BENEFICIALLY
OWNED BY
|
6
|
SHARED
VOTING POWER
1,255,201
|
EACH
REPORTING
PERSON
|
7
|
SOLE
DISPOSITIVE POWER
0
|
WITH
|
8
|
SHARED
DISPOSITIVE POWER
1,255,201
|
9
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,255,201
|
||
10
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
|
||
o
|
|||
11
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
3.1%
|
||
12
|
TYPE
OF REPORTING PERSON*
PN
|
CUSIP
No. 701354102
|
13G
|
Page 3
of 9 Pages
|
1
|
NAME
OF REPORTING PERSONS
I.R.S.
IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Fred
Knoll
|
||||
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
||||
(a)
|
o
|
||||
(b)
|
x
|
||||
Joint
Filer
|
|||||
3
|
SEC
USE ONLY
|
||||
4
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
USA
|
NUMBER OF
|
5
|
SOLE
VOTING POWER
0
|
SHARES
BENEFICIALLY
OWNED BY
|
6
|
SHARED
VOTING POWER
1,255,201
|
EACH
REPORTING
PERSON
|
7
|
SOLE
DISPOSITIVE POWER
0
|
WITH
|
8
|
SHARED
DISPOSITIVE POWER
1,255,201
|
9
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,255,201
|
||||
10
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
|
||||
o
|
|||||
11
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
3.1%
|
||||
12
|
TYPE
OF REPORTING PERSON*
IN
|
CUSIP
No. 701354102
|
13G
|
Page 4
of 9 Pages
|
1
|
NAME
OF REPORTING PERSONS
I.R.S.
IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Europa
International, Inc.
|
||||
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
||||
(a)
|
o
|
||||
(b)
|
x
|
||||
Joint
Filer
|
|||||
3
|
SEC
USE ONLY
|
||||
4
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
British
Virgin Islands
|
NUMBER OF
|
5
|
SOLE
VOTING POWER
0
|
SHARES
BENEFICIALLY
OWNED BY
|
6
|
SHARED
VOTING POWER
1,203,339
|
EACH
REPORTING
PERSON
|
7
|
SOLE
DISPOSITIVE POWER
0
|
WITH
|
8
|
SHARED
DISPOSITIVE POWER
1,203,339
|
9
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,203,339
|
||||
10
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
|
||||
o
|
|||||
11
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
2.9%
|
||||
12
|
TYPE
OF REPORTING PERSON*
CO
|
CUSIP
No. 701354102
|
13G
|
Page 5
of 9 Pages
|
Item
1(a).
|
Name
of Issuer
|
Item
1(b).
|
Address
of Issuer’s Principal Executive
Offices
|
Item
2(a).
|
Name
of Person Filing
|
Item
2(b)
|
Address
of Principal Business Office or, if None,
Residence
|
Item
2(c)
|
Citizenship
|
Item
2(d)
|
Title
of Class of Securities
|
Item
2(e)
|
CUSIP
Number
|
CUSIP
No. 701354102
|
13G
|
Page 6
of 9 Pages
|
Item 3.
|
If this statement is filed
pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the
person filing is a: Not
applicable.
|
(a)
|
o |
Broker
or dealer registered under section 15 of the Act (15 U.S.C.
78o);
|
(b)
|
o |
Bank
as defined in section 3(a)(6) of the Act (15 U.S.C.
78c);
|
(c)
|
o |
Insurance
company as defined in section 3(a)(19) of the Act (15 U.S.C.
78c);
|
(d)
|
o |
Investment
company registered under section 8 of the Investment Company Act of 1940
(15 U.S.C 80a-8);
|
(e)
|
o |
An
investment adviser in accordance with
§240.13d-1(b)(1)(ii)(E);
|
(f)
|
o |
An
employee benefit plan or endowment fund in accordance with
§240.13d-1(b)(1)(ii)(F);
|
(g)
|
o |
A
parent holding company or control person in accordance with §
240.13d-1(b)(1)(ii)(G);
|
(h)
|
o |
A
savings associations as defined in Section 3(b) of the Federal Deposit
Insurance Act (12 U.S.C. 1813);
|
(i)
|
o |
A
church plan that is excluded from the definition of an investment company
under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C.
80a-3);
|
(j)
|
o |
A
non-U.S. institution, in accordance with
§240.13d-1(b)(1)(ii)(J);
|
(k)
|
o |
Group,
in accordance with
§240.13d-1(b)(1)(ii)(K).
|
Item
4.
|
Ownership.
|
(a)
|
Amount
beneficially owned:
|
CUSIP
No. 701354102
|
13G
|
Page 7
of 9 Pages
|
(b)
|
Percent
of class:
|
(c)
|
Number
of shares as to which the person
has:
|
(i)
|
Sole
power to vote or to direct the
vote: 0
|
(ii)
|
Shared
power to vote or to direct the
vote:
|
(iii)
|
Sole
power to dispose or to direct the disposition of:
0
|
(iv)
|
Shared
power to dispose or to direct the disposition
of:
|
Item
5.
|
Ownership
of Five Percent or Less of a Class.
|
Item
6.
|
Ownership
of More than Five Percent on Behalf of Another
Person.
|
Item
7.
|
Identification
and Classification of the Subsidiary Which Acquired the Security Being
Reported on By the Parent Holding
Company.
|
Item
8.
|
Identification
and Classification of Members of the
Group.
|
Item
9.
|
Notice
of Dissolution of Group.
|
CUSIP
No. 701354102
|
13G
|
Page 8
of 9 Pages
|
Item
10.
|
Certification
|
(a)
|
The
following certification shall be included if the statement is filed
pursuant to §240.13d-1(c):
|
Dated:
January 29, 2010
|
EUROPA
INTERNATIONAL, INC.
|
|
By:
|
Knoll
Capital Management, LP
|
|
By:
|
/s/ Fred Knoll
|
|
Name:
|
Fred
Knoll
|
|
Title:
|
President
|
|
Dated:
January 29, 2010
|
KNOLL
CAPITAL MANAGEMENT, LP
|
|
By:
|
/s/ Fred Knoll
|
|
Name:
|
Fred
Knoll
|
|
Title:
|
President
|
|
Dated:
January 29, 2010
|
By:
|
/s/ Fred Knoll
|
Fred
Knoll
|
CUSIP
No. 701354102
|
13G
|
Page 9
of 9 Pages
|
Dated:
January 29, 2010
|
EUROPA
INTERNATIONAL, INC.
|
|
By:
|
Knoll
Capital Management, LP
|
|
By:
|
/s/ Fred Knoll
|
|
Name:
|
Fred
Knoll
|
|
Title:
|
President
|
|
Dated:
January 29, 2010
|
KNOLL
CAPITAL MANAGEMENT, LP
|
|
By:
|
/s/ Fred Knoll
|
|
Name:
|
Fred
Knoll
|
|
Title:
|
President
|
|
Dated:
January 29, 2010
|
By:
|
/s/ Fred Knoll
|
Fred
Knoll
|