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OMB
APROVAL
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OMB
Number: 3235-0145
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Expires:
February 28, 2009
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Estimated
average burden hours
per
response…10/4
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Turnaround
Partners, Inc.
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(Name
of Issuer)
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Common
Stock, par value $0.01 per
share
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(Title
of Class of Securities)
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90021610
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(CUSIP
Number)
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December
31, 2007
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(Date
of Event, which Requires Filing of this
Statement)
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Cusip
No. 90021610
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1.
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Names
of Reporting Persons.
I.R.S.
Identification Nos. of above persons (entities only)
YA
Global Investments, L. P. (f/k/a/ Cornell Capital Partners,
L.P.)
(13-4150836)
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2.
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Check
the Appropriate Box if a Member of a Group (See
Instructions)
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(a) o
(b) o
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3.
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SEC
Use Only
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4.
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Citizenship
or Place of Organization: USA
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Number
of Shares Beneficially Owned by Each Reporting
Person With
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5.
6.
7.
8.
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Sole
Voting Power: 0
Shared
Voting Power: 0
Sole
Dispositive Power: 0
Shared
Dispositve Power: 0
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9.
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Aggregate
Amount Beneficially Owned by
Each Reporting Person:
0
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10.
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Check
if the Aggregate Amount in Row (9) Excludes
Certain Shares (See Instructions)
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11.
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Percentage
of Class Represented by Amount in
Row (9):
0.00% |
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12.
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Type
of Reporting Person (See Instructions):
PN
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Item
1.
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(a)
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Name
of Issuer: Turnaround Partners, Inc.
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(b)
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Address
of Issuer’s Principal Executive Offices:
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109
North Post Oak Lane
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Suite
422
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Houston,
TX 77024
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Item
2.
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Identity
and Background.
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(a)
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Name
of Person Filing: YA Global Investments, L.P. (f/k/a Cornell
Capital Partners, L.P.)
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(b)
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Address
of Principal Executive Office or, if none, Residence of Reporting
Persons:
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101
Hudson Street, Suite 3700
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Jersey
City, NJ 07302
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(c)
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Citizenship:
USA
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(d)
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Title
of Class of Securities: Common Stock, par value $0.01 per
share
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(e)
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Cusip
Number: 90021610
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Item
3.
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If the statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is: | ||
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(a)
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o
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Broker
or dealer registered under section 15 of the Act (15 U.S.C.
78o);
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(b)
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o
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Bank
as defined in section 3(a)(6) of the Act (15 U.S.C.
78c);
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(c)
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o
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Insurance
company as defined in section 3(a)(19) of the Act (15 U.S.C.
78c);
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(d)
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o
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Investment
company registered under section 8 of the Investment Company Act
of 1940
(15 of the Act (15 U.S.C. 78o);
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(e)
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o
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An
investment adviser in accordance with
§240.13d-1(b)(1)(ii)(E);
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(f)
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o
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An
employee benefit plan or endowment fund in accordance with
§240.13d-1(b)(1)(ii)(F);
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(g)
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o
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A
parent holding company or control person in accordance with
§240.13d-1(b)(1)(ii)(G);
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(h)
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o
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A
savings associations as defined in Section 3(b) of the Federal Deposit
Insurance Act (12 U.S.C. 1813);
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(i)
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o
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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 (15
U.S.C.
80a-3); or
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(j)
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o
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Group,
in accordance with
240.13d(b)(1)(ii)(J).
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Item
4.
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Ownership
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(a)
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Amount
beneficially owned: 0
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(b)
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Percentage
of Class: 0.00%
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(c)
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Number
of shares as to which the person has:
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(i)
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Sole
Power to vote or to direct the vote: 0
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(ii)
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Shared
power to vote or to direct the vote: 0
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(iii)
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Sole
power to dispose or to direct the disposition:
0
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(iv)
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Shared
power to dispose or to direct the disposition:
0
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Item
5.
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Ownership
of Five Percent or Less of a
Class:
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Item
6.
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Ownership
of more than five percent on Behalf of Another
Person.
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Not
Applicable
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Item
7.
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Identification
and Classification of the Subsidiary Which Acquired the Security
Being
Reported on By the Parent Holding Company or Control
Person.
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Not
Applicable
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Item
8.
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Identification
and Classification of Member Group
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Not
Applicable
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Item
9.
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Notice
of Dissolution of Group
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Not
Applicable
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Item
10.
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Certification
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| REPORTING PERSON: | ||
| CORNELL CAPITAL PARTNERS, LP | ||
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By:
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Yorkville Advisors, LLC
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Its:
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General Partner
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By:
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/s/
Steven S. Goldstein
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Name:
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Steven S. Goldstein, Esq.
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Its:
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Chief Compliance Officer
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