UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No 6)
Decision Diagnostics Corp.
(Name of Issuer)
Common Stock, par value $0.001 per share
(Title of Class of Securities)
243443108
(CUSIP Number)
December 31, 2013
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
| o | Rule 13d-1(b) |
| x | Rule 13d-1(c) |
| o | Rule 13d-1(d) |
CUSIP No. 243443108
(a) o
(b) x
Delaware
Number of Shares Beneficially Owned by Each Reporting Person With |
1,487,778 shares of common stock. See Item 4.
9.99%
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CUSIP No. 243443108
(1) Names of Reporting Persons.
Platinum Credit Management LP
(2) Check the Appropriate Box if a Member of a Group (See Instructions).
(a) o
(b) x
(3) SEC Use Only.
(4) Citizenship or Place of Organization.
Delaware
Number of Shares Beneficially Owned by Each Reporting Person With | (5) Sole Voting Power: 0 (6) Shared Voting Power: 1,487,778 (7) Sole Dispositive Power: 0 (8) Shared Dispositive Power: 1,487,778 |
(9) Aggregate Amount Beneficially Owned by Each Reporting Person.
1,487,778 shares of common stock. See Item 4.
(10) Check if the Aggregate Amount in Row 9 Excludes Certain Shares. x
(11) Percent of Class Represented by Amount in Row 9.
9.99%
(12) Type of Reporting Person (See Instructions).
PN
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CUSIP No. 243443108
(1) Names of Reporting Persons.
Mark Nordlicht
(2) Check the Appropriate Box if a Member of a Group (See Instructions).
(a) o
(b) x
(3) SEC Use Only.
(4) Citizenship or Place of Organization.
United States
Number of Shares Beneficially Owned by Each Reporting Person With | (5) Sole Voting Power: 0 (6) Shared Voting Power: 1,487,778 (7) Sole Dispositive Power: 0 (8) Shared Dispositive Power: 1,487,778 |
(9) Aggregate Amount Beneficially Owned by Each Reporting Person.
1,487,778 shares of common stock. See Item 4.
(10) Check if the Aggregate Amount in Row 9 Excludes Certain Shares. x
(11) Percent of Class Represented by Amount in Row 9.
9.99%
(12) Type of Reporting Person (See Instructions).
IN
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Item 1.
(b) Address of Issuer's Principal Executive Offices.
2660 Townsgate Road, Suite 300
Westlake Village, CA 91361
Item 2.
Platinum Credit Management LP
Mark Nordlicht
(b) Address or Principal Business Office or, if none, Residence.
152 West 57th Street, 4th Floor
New York, NY 10019
Alpha Credit Resources LLC - Delaware
Platinum Credit Management LP - Delaware
Mark Nordlicht - United States
(d) Title of Class of Securities.
Common Stock, par value $0.001 per share
(e) CUSIP No.
243443108
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:
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| (h) | o A savings association 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; |
(a) Amount Beneficially Owned:
1,487,778 shares of common stock
The number of shares beneficially owned constitutes 1,487,778 shares of common stock.
The number of shares beneficially owned excludes (i) 7,901,180 shares of common stock issuable upon conversion of 564,370 shares of Series E Convertible Preferred Stock, and (ii) 15,000,000 shares of common stock issuable upon conversion of 1,000 shares of Series B Convertible Preferred Stock (collectively, the “Preferred Stock”). The respective Certificates of Designation of the Preferred Stock provide that the holder of shares of the Preferred Stock may not convert any of the Preferred Stock to the extent that such conversion would result in the holder and its affiliates together beneficially owning more than 9.99% of the outstanding shares of common stock, except on 61 days’ prior written notice to the issuer that the holder waives such limitation.
(b) Percent of class: 9.99%
(c) Number of shares as to which such person has:
| (i) | Sole power to vote or to direct the vote: 0 |
| (ii) | Shared power to vote or to direct the vote: 1,487,778 |
| (iii) | Sole power to dispose or to direct the disposition of: 0 |
| (iv) | Shared power to dispose or to direct the disposition of: 1,487,778 |
The shares of Common Stock (the “Shares”) reported in this Schedule 13G are held directly by Alpha Credit Resources LLC. Platinum Credit Management LP is the investment manager of Alpha Credit Resources LLC. Mr. Nordlicht is the Chief Investment Officer of Platinum Credit Management LP and has voting and investment control of the Shares held by Alpha Credit Resources LLC. Each of Platinum Credit Management LP and Mr. Nordlicht expressly disclaims beneficial ownership of the Shares held by Alpha Credit Resources LLC.
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Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following o.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than five percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. N/A
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.
If a parent holding company or control person has filed this schedule, pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company or control person has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. N/A
If a group has filed this schedule pursuant to Rule 13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identity of each member of the group. See previously filed Joint Filing Agreement.
Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. N/A
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 purpose or effect, other than activities solely in connection with a nomination under §240.14a-11.
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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 12, 2014
Alpha Credit Resources LLC
By: /s/ OLIVER JIMENEZ
Name: Oliver Jimenez
Title: Chief Compliance Officer
Platinum Credit Management LP
By: /s/ OLIVER JIMENEZ
Name: Oliver Jimenez
Title: Chief Compliance Officer
/s/ MARK NORDLICHT
Mark Nordlicht
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