SEC Info - SDS Capital Group SPC Ltd - ‘SC 13G/A’ on 2/14/08 re: Corridor Communications Corp

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SDS Capital Group SPC Ltd – ‘SC 13G/A’ on 2/14/08 re: Corridor Communications Corp

On: Thursday, 2/14/08, at 3:46pm ET · Accession #: 1316568-8-11 · File #: 5-61447

  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 2/14/08  SDS Capital Group SPC Ltd         SC 13G/A               1:16K  Corridor Communications Corp      SDS Cap Partners, LLC

Amendment to Statement of Beneficial Ownership — Schedule 13G
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13G/A    Amendment to Statement of Beneficial Ownership         9     33K

Document Table of Contents

Page	(sequential)	\|	(alphabetic)	Top
			Alternative Formats (Word, et al.) Address of Issuer's Principal Executive Offices: Address of Principal Business Office, or if None, Residence: Certifications Citizenship: CUSIP Number: Identification and Classification of Members of the Group Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: Name of Issuer: Name of Person Filing: Notice of Dissolution of Group Ownership Ownership of Five Percent or Less of a Class Ownership of More Than Five Percent on Behalf of Another Person Title of Class of Securities:
1	1st Page - Filing Submission
5	Item 1(a). Name of Issuer:
"	Item 1(b). Address of Issuer's Principal Executive Offices:
"	Item 2(a). Name of Person Filing:
6	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:
"	Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a:
"	Item 4. Ownership
7	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 or Control Person
"	Item 8. Identification and Classification of Members of the Group
"	Item 9. Notice of Dissolution of Group
"	Item 10. Certifications

SC 13G/A 1st Page of 9 TOC ↑Top Previous Next ↓Bottom Just 1st
 
SECURITIES AND EXCHANGE COMMISSION  
WASHINGTON, DC 20549

SCHEDULE 13G  
(Rule 13d-102)  

 INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b) 

 (Amendment No. 3)

   Corridor Communications Corp.
  --------------------
(Name of Issuer)

   Common Stock, par value $0.0001 per share
------------------------------
(Title of Class of Securities)

220261101 
----------------
(CUSIP Number)

December 31, 2007 
------------------------------------------------------- 
(Date of Event Which Requires Filing of this Statement) 

     Check the  appropriate  box to  designate  the rule  pursuant to which this
Schedule is filed:                                                              

[_]  Rule 13d-1(b)                                          

[X]  Rule 13d-1(c)                                          

[_]  Rule 13d-1(d)                                          

(1)  The  remainder  of this  cover  page  shall be filled  out for a  reporting
     person's  initial  filing on this form with respect to the subject class of
     securities,  and for any subsequent amendment containing  information which
would alter the disclosures provided in a prior cover page.           

     The  information  required in the remainder of this cover page shall not be
deemed to be "filed"  for the purpose of Section 18 of the  Securities
Exchange Act of 1934 or otherwise  subject to the  liabilities of that
     section of the Act but  shall be  subject  to all other  provisions  of the
Act (however,  see the Notes).                                        

SC 13G/A 2nd Page of 9 TOC 1st Previous Next ↓Bottom Just 2nd
________________________________________________________________________________

CUSIP No. 220261101                  13G                    Page 02 of 09 Pages 
________________________________________________________________________________

1.   NAME OF REPORTING PERSONS                                                  
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)            

SDS Capital Group SPC, Ltd.                                           
________________________________________________________________________________
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                          
                                                          (a)  [X]
                                                          (b)  [ ]

________________________________________________________________________________
3.   SEC USE ONLY                                                               

________________________________________________________________________________
4.   CITIZENSHIP OR PLACE OF ORGANIZATION                                       

Cayman Islands                                                        
________________________________________________________________________________
NUMBER OF    5.   SOLE VOTING POWER                                         

SHARES           42,500,000 (1)                                           
               _________________________________________________________________
BENEFICIALLY   6.   SHARED VOTING POWER                                         

OWNED BY          0                                                         
               _________________________________________________________________
EACH       7.   SOLE DISPOSITIVE POWER                                  

REPORTING         42,500,000                                                
               _________________________________________________________________
PERSON      8.   SHARED DISPOSITIVE POWER                                 

WITH            0                                                       
________________________________________________________________________________
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON               

42,500,000                                                            
________________________________________________________________________________
10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_]  

________________________________________________________________________________
11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9                            
4.40% (1)                                                             
________________________________________________________________________________
12.  TYPE OF REPORTING PERSON*                                                  

CO                                                                    
________________________________________________________________________________

(1) Includes 37,500,000 shares issuable upon the exercise of a warrant issued   
in connection with a financing which closed on July 23, 2004; 2,500,000 shares  
issuable upon the exercise of a warrant issued on November 17, 2003; and        
2,500,000 shares issuable upon the exercise of a warrant issued on May 9, 2003. 
The Reporting Person may not exercise the warrants to the extent such           
conversion or exercise would result in the Reporting Person beneficially owning 
in excess of 9.9% of the Issuer's issued and outstanding shares of common stock.

SC 13G/A 3rd Page of 9 TOC 1st Previous Next ↓Bottom Just 3rd
________________________________________________________________________________

CUSIP No. 220261101                  13G                    Page 03 of 09 Pages 
________________________________________________________________________________

1.   NAME OF REPORTING PERSONS                                                  
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)            

SDS Management, LLC                                                   
________________________________________________________________________________
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                          
                                                          (a)  [X]
                                                          (b)  [ ]

________________________________________________________________________________
3.   SEC USE ONLY                                                               

________________________________________________________________________________
4.   CITIZENSHIP OR PLACE OF ORGANIZATION                                       

Delaware                                                              
________________________________________________________________________________
NUMBER OF    5.   SOLE VOTING POWER                                         

SHARES           0                                                        
               _________________________________________________________________
BENEFICIALLY   6.   SHARED VOTING POWER                                         

OWNED BY          42,500,000                                                
               _________________________________________________________________
EACH       7.   SOLE DISPOSITIVE POWER                                  

REPORTING         0                                                         
               _________________________________________________________________
PERSON      8.   SHARED DISPOSITIVE POWER                                 

WITH            42,500,000                                              
________________________________________________________________________________
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON               

42,500,000                                                            
________________________________________________________________________________
10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_]  

________________________________________________________________________________
11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9                            
4.40%                                                                 
________________________________________________________________________________
12.  TYPE OF REPORTING PERSON*                                                  

CO                                                                    
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT! 

SC 13G/A 4th Page of 9 TOC 1st Previous Next ↓Bottom Just 4th
________________________________________________________________________________

CUSIP No. 220261101                  13G                    Page 04 of 09 Pages 
________________________________________________________________________________

1.   NAME OF REPORTING PERSONS                                                  
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)            

Mr. Steven Derby                                                      
________________________________________________________________________________
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                          
                                                          (a)  [X]
                                                          (b)  [ ]

________________________________________________________________________________
3.   SEC USE ONLY                                                               

________________________________________________________________________________
4.   CITIZENSHIP OR PLACE OF ORGANIZATION                                       

United States                                                         
________________________________________________________________________________
NUMBER OF    5.   SOLE VOTING POWER                                         

SHARES           0                                                        
               _________________________________________________________________
BENEFICIALLY   6.   SHARED VOTING POWER                                         

OWNED BY          42,500,000                                                
               _________________________________________________________________
EACH       7.   SOLE DISPOSITIVE POWER                                  

REPORTING         0                                                         
               _________________________________________________________________
PERSON      8.   SHARED DISPOSITIVE POWER                                 

WITH            42,500,000                                              
________________________________________________________________________________
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON               

42,500,000                                                            
________________________________________________________________________________
10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_]  

________________________________________________________________________________
11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9                            
4.40%                                                                 
________________________________________________________________________________
12.  TYPE OF REPORTING PERSON*                                                  

IN                                                                    
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT! 

SC 13G/A 5th Page of 9 TOC 1st Previous Next ↓Bottom Just 5th
________________________________________________________________________________

CUSIP No. 220261101                  13G                    Page 05 of 09 Pages 
________________________________________________________________________________

Item 1(a).  Name of Issuer:                                                     

Corridor Communications Corp.                           

Item 1(b).  Address of Issuer's Principal Executive Offices:                    

407 Lincold Road Suite 12F                              
Miami Beach, FL 33139                                   

Item 2(a).  Name of Person Filing:                                              

SDS Capital Group SPC, Ltd. ("SDS Capital Group")       
C/o Ogier Fiduciary Services (Cayman) Ltd.              
113 South Church Street, PO Box 1234GT                  
George Town, Grand Cayman                               
Cayman Islands corporation                              

SDS Management, LLC (the "Investment Manager")          
53 Forest Avenue, 2nd Floor                             
Old Greenwich, CT 06870                                 
Delaware limited liability company                      

Mr. Steven Derby                                        
Sole Managing Member of the Investment Manager          
53 Forest Avenue, 2nd Floor                             
Old Greenwich, CT 06870                                 
United States citizen                                   

    SDS Capital Group, the Investment Manager, and Mr. Derby are
 collectively referred to herein as the Reporting Persons.

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________________________________________________________________________________

CUSIP No. 220261101                  13G                    Page 06 of 09 Pages 
________________________________________________________________________________

Item 2(b).  Address of Principal Business Office, or if None, Residence:        

See Item 2(a).                                          

Item 2(c).  Citizenship:                                                        

Item 2(d).  Title of Class of Securities:                                       

Common Stock, $0.0001 par value (the "Common Stock")    

Item 2(e).  CUSIP Number:                                                       

220261101                                               

Item 3.     If This Statement  is Filed  Pursuant to  Rule 13d-1(b), or 13d-2(b)
or (c), Check Whether the Person Filing is a:           

Not Applicable                                          

Item 4.  Ownership.                                                             

1.   SDS Capital Group                                                

(a)  Amount beneficially owned: 42,500,000 (2)                        

(b)  Percent of class: 4.40%                                          

(c)  Number of shares as to which such person has:                    

      (i)   Sole power to vote or to direct the vote : 42,500,000 shares

(ii)  Shared power to vote or to direct the vote : 0 shares 

(iii) Sole power to dispose or to direct the disposition of 
42,500,000 shares,                              

          (iv)  Shared power to dispose or to direct the disposition of 0 shares

(2) Includes 37,500,000 shares issuable upon the exercise of a warrant issued   
in connection with a financing which closed on July 23, 2004; 2,500,000 shares  
issuable upon the exercise of a warrant issued on November 17, 2003; and        
2,500,000 shares issuable upon the exercise of a warrant issued on May 9, 2003. 
The Reporting Person may not exercise the warrants to the extent such           
conversion or exercise would result in the Reporting Person beneficially owning 
in excess of 9.9% of the Issuer's issued and outstanding shares of common stock.

2.   The Investment Manager                                           

(a)  Amount beneficially owned: 42,500,000                            

(b)  Percent of class: 4.40%                                          

(c)  Number of shares as to which such person has:                    

(i)   Sole power to vote or to direct the vote : 0 shares   

 (ii)  Shared power to vote or to direct the vote : 42,500,000
shares                                          

 (iii) Sole power to dispose or to direct the disposition of 0
shares,                                         

 (iv)  Shared power to dispose or to direct the disposition of
42,500,000 shares                               

SC 13G/A 7th Page of 9 TOC 1st Previous Next ↓Bottom Just 7th
________________________________________________________________________________

CUSIP No. 220261101                  13G                    Page 07 of 09 Pages 
________________________________________________________________________________

3.   Mr. Derby                                                        

(a)  Amount beneficially owned: 42,500,000                            

(b)  Percent of class: 4.40%                                          

(c)  Number of shares as to which such person has:                    

(i)   Sole power to vote or to direct the vote : 0 shares   

 (ii)  Shared power to vote or to direct the vote : 42,500,000
shares                                          

 (iii) Sole power to dispose or to direct the disposition of 0
shares,                                         

 (iv)  Shared power to dispose or to direct the disposition of
42,500,000 shares                               

Item 5.  Ownership of Five Percent or Less of a Class.                          

Not applicable.                                               

Item 6.  Ownership of More Than Five Percent on Behalf of Another Person.       

Not appilcable                                                

Item 7.  Identification and  Classification of the Subsidiary Which Acquired the
         Security  Being  Reported on by the Parent  Holding  Company or Control
Person.                                                       

Not applicable                                                

Item 8.  Identification  and  Classification  of Members of the Group.          

Not applicable                                                

Item 9.  Notice of Dissolution of Group.                                        

Not applicable                                                

Item 10.  Certifications.                                                       

  By signing below I certify that, to the best of my knowledge and
        belief, the securities referred to above were not acquired and are not
       held for the purpose of or with the effect of changing or influencing
       the control of the issuer of the securities and were not acquired and
        are not held in connection with or as a participant in any transaction
having that purposes or effect.                               

SC 13G/A 8th Page of 9 TOC 1st Previous Next ↓Bottom Just 8th
________________________________________________________________________________

CUSIP No. 220261101                  13G                    Page 08 of 09 Pages 
________________________________________________________________________________

 SIGNATURE

     After  reasonable  inquiry and to the best of my  knowledge  and belief,  I
certify that the information  set forth in this statement is true,  complete and
correct.                                                                        

Dated: February 14, 2008                                                        

   SDS CAPITAL GROUP SPC, LTD.
                       By: SDS Management, LLC, its Investment Manager

By: /s/ Steven Derby    
                    ------------------------------------
Name: Steven Derby      
Title: Director         

SDS MANAGEMENT, LLC     

By: /s/ Steven Derby    
                    ------------------------------------
Name: Steven Derby      
Title: Managing Member  

/s/ Steven Derby        
                ----------------------------------------
Steven Derby            

SC 13G/A Last Page of 9 TOC 1st Previous Next ↓Bottom Just 9th
 EXHIBIT 1

          The undersigned acknowledge and agree that the foregoing statement
on Schedule 13G is filed on behalf of each of the undersigned and that all      
subsequent amendments to this statement on Schedule 13G shall be filed on behalf
of each of the undersigned without the necessity of filing additional joint     
acquisition statements. The undersigned acknowledge that each shall be          
responsible for the timely filing of such amendments, and for the completeness  
and accuracy of the information concerning him or it contained therein, but     
shall not be responsible for the completeness and accuracy of the information   
concerning the others, except to the extent that he or it knows or has reason to
believe that such information is inaccurate.                                    

Dated: February 14, 2008                                                        

   SDS CAPITAL GROUP SPC, LTD.
                       By: SDS Management, LLC, its Investment Manager

By: /s/ Steven Derby    
                    ------------------------------------
Name: Steven Derby      
Title: Director         

SDS MANAGEMENT, LLC     

By: /s/ Steven Derby    
                    ------------------------------------
Name: Steven Derby      
Title: Managing Member  

/s/ Steven Derby        
                ----------------------------------------
Steven Derby

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Dates Referenced Herein and Documents Incorporated by Reference

		Referenced-On Page
This ‘SC 13G/A’ Filing	Date	First	Last	Other Filings

Filed on:	2/14/08	8	9	SC 13G, SC 13G/A
	12/31/07	1
	7/23/04	2	6	3, 8-K
	11/17/03	2	6
	5/9/03	2	6
				List all Filings

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Filing Submission 0001316568-08-000011 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

SDS Capital Group SPC Ltd – ‘SC 13G/A’ on 2/14/08 re: Corridor Communications Corp

On: Thursday, 2/14/08, at 3:46pm ET · Accession #: 1316568-8-11 · File #: 5-61447

Previous ‘SC 13G’: ‘SC 13G/A’ on 5/31/07 · Next: ‘SC 13G/A’ on 2/14/08 · Latest: ‘SC 13G/A’ on 5/13/11

Amendment to Statement of Beneficial Ownership — Schedule 13GFiling Table of Contents

Document Table of Contents

Dates Referenced Herein and Documents Incorporated by Reference

Amendment to Statement of Beneficial Ownership — Schedule 13G
Filing Table of Contents