Correct,

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)

http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=11561298-1172-7292&type=sect&TabIndex=2&companyid=8035&ppu=%252fdefault.aspx%253fcik%253d886328

that's all.

I was wrong, he has no ownership ...........yet