Home > Insider Trading > Filing (0001144204-10-008804)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1298663	Clearpoint Business Resources Inc	CPBR	Services-Help Supply Services (7363)	000000000

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
923232	L Robert Priddy	One North Clematis Street, Suite 300 West Palm Beach, FL 33401	No	No	Yes	No
1014026	Michael Falk	One North Clematis Street, Suite 300 West Palm Beach, FL 33401	No	No	Yes	No
1362707	Comvest Capital, Llc	One North Clematis Street Suite 300 West Palm Beach FL 33401	No	No	Yes	No
1397084	Comvest Capital Management Llc	One North Clematis Street Suite 300 West Palm Beach FL 33401	No	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2010-02-16	18,670,825	$0.00	18,670,825	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Warrants	Disposition	2010-02-16	18,670,825	$0.00	18,670,825	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2008-06-20	2014-06-30	No	4	C	Direct

Footnotes

The Reporting Person is a Delaware limited liability company. The managing member of the Reporting Person is ComVest Capital Management LLC ("Management"). Michael Falk and Robert Priddy are the Managing Members of Management. Management, Mr. Falk and Mr. Priddy, all of whom maintain offices at the same address as the Reporting Person, are filing this Form 4 jointly with the Reporting Person. As of the date hereof, the Reporting Person directly beneficially owns 18,670,825 shares of common stock of the issuer. Management, as managing member of the Reporting Person, indirectly beneficially owns the securities that the Reporting Person directly owns. Mr. Falk and Mr. Priddy by virtue of their status as Co-Managing Members of Management, may be deemed to have indirect beneficial ownership of the securities owned by the Reporting Person.
However, Mr. Falk and Mr. Priddy disclaim any beneficial ownership of such securities, and the filing of this Form 4 shall not be deemed an admission that Mr. Falk or Mr. Priddy are, for purposes of Section 16 of the Securities Exchange Act or otherwise, the beneficial owners of any securities covered by this Form 4.