UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
MANCHESTER MANAGEMENT CO LLC 2 INTERNATIONAL PL 24TH FL. BOSTON, MA 02110 |
 |  X |  | SC 13D Group Member |
BESSER JAMES E 131 CHARLES STREET 1ST FLOOR BOSTON, MA 02114 |
 |  X |  | SC 13D Group Member |
/s/ James E. Besser | 10/26/2012 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Manchester Management Company may be deemed to be the beneficial owner of 2,699,463 shares of Common Stock (Manchester Shares). Manchester Management Company is in possession of shared voting and investment power for the Manchester Shares. As the Managing Member of Manchester Management Company, Mr. Besser is in possession of shared voting and investment power for the Manchester Shares, and may also be deemed to beneficially own the Manchester Shares. Mr. Besser does not own any shares of Common Stock directly and disclaims beneficial ownership of the Manchester Shares. |
 Remarks: On October 24, 2012 Jeffrey Eberwein, on behalf of the Concerned NTS Shareholders, which includes the Reporting Persons listed below and certain other persons, made a joint filing on Schedule 13D with the Securities and Exchange Commission, under Section 13d of the Securities Exchange Act of 1934, as amended, and may therefore be deemed to beneficially own Common Stock beneficially owned by the other persons in such joint filing. The filing of this Form 3 shall not be construed as an admission that any of the Reporting Persons is, for any purpose, the beneficial owner of the Common Stock held by any other Reporting Person, and each Reporting Person disclaims beneficial ownership of the shares of Common Stock owned by the others. Joint Filers and Addresses: Manchester Management Company, LLC 131 Charles Street, 1st Floor Boston, Massachusetts 02114 James E. Besser 131 Charles Street, 1st Floor Boston, Massachusetts 02114 |