Sec Form 4 Filing - VISION CAPITAL ADVISORS, LLC @ MARKETING WORLDWIDE CORP - 2011-07-12

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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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1. Name and Address of Reporting Person
VISION CAPITAL ADVISORS, LLC
2. Issuer Name and Ticker or Trading Symbol
MARKETING WORLDWIDE CORP [ MWWC.OB]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
20 WEST 55TH STREET, 5TH FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
07/12/2011
(Street)
NEW YORK, NY10019
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock ($0.001 par value) 07/12/2011 S 192,967 D $ 0.0247 13,086,573 I By Vision Opportunity Master Fund, Ltd. ( 1 )
Common Stock ($0.001 par value) 09/21/2011 S 91,806 D $ 0.0193 12,994,767 I By Vision Opportunity Master Fund, Ltd. ( 1 )
Common Stock ($0.001 par value) 09/22/2011 S 81,046 D $ 0.0196 12,913,721 I By Vision Opportunity Master Fund, Ltd. ( 1 )
Common Stock ($0.001 par value) 09/26/2011 S 1,065,750 D $ 0.0241 11,847,971 I By Vision Opportunity Master Fund, Ltd. ( 1 )
Common Stock ($0.001 par value) 11/09/2011 S 169,677 D $ 0.0098 15,596,101 I By Vision Opportunity Master Fund, Ltd. ( 1 )
Common Stock ($0.001 par value) 11/10/2011 S 130,024 D $ 0.0092 15,466,077 I By Vision Opportunity Master Fund, Ltd. ( 1 )
Common Stock ($0.001 par value) 11/15/2011 S 77,187 D $ 0.0081 15,388,890 I By Vision Opportunity Master Fund, Ltd. ( 1 )
Common Stock ($0.001 par value) 12/02/2011 S 546,541 D $ 0.0049 14,842,349 I By Vision Opportunity Master Fund, Ltd. ( 1 )
Common Stock ($0.001 par value) 12/21/2011 S 583,186 D $ 0.005 14,259,163 I By Vision Opportunity Master Fund, Ltd. ( 1 )
Common Stock ($0.001 par value) 12/22/2011 S 694,683 D $ 0.0049 13,564,480 I By Vision Opportunity Master Fund, Ltd. ( 1 )
Common Stock ($0.001 par value) 12/27/2011 S 1,170,975 D $ 0.0085 12,393,505 I By Vision Opportunity Master Fund, Ltd. ( 1 )
Common Stock ($0.001 par value) 12/28/2011 S 143,992 D $ 0.0083 15,722,928 I By Vision Opportunity Master Fund, Ltd. ( 1 )
Common Stock ($0.001 par value) 12/29/2011 S 563,465 D $ 0.007 15,159,463 I By Vision Opportunity Master Fund, Ltd. ( 1 )
Common Stock ($0.001 par value) 12/30/2011 S 1,543,740 D $ 0.005 13,615,723 I By Vision Opportunity Master Fund, Ltd. ( 1 )
Common Stock ($0.001 par value) 02/16/2012 S 872,367 D $ 0.005 24,432,733 I By Vision Opportunity Master Fund, Ltd. ( 1 )
Common Stock ($0.001 par value) 02/17/2012 S 57,890 D $ 0.0043 24,374,843 I By Vision Opportunity Master Fund, Ltd. ( 1 )
Common Stock ($0.001 par value) 02/22/2012 S 771,870 D $ 0.0044 23,602,973 I By Vision Opportunity Master Fund, Ltd. ( 1 )
Common Stock ($0.001 par value) 02/27/2012 S 750,798 D $ 0.0049 22,852,175 I By Vision Opportunity Master Fund, Ltd. ( 1 )
Common Stock ($0.001 par value) 03/01/2012 S 1,014,769 D $ 0.0049 21,837,406 I By Vision Opportunity Master Fund, Ltd. ( 1 )
Common Stock ($0.001 par value) 03/02/2012 S 663,341 D $ 0.0058 21,174,065 I By Vision Opportunity Master Fund, Ltd. ( 1 )
Common Stock ($0.001 par value) 03/05/2012 S 926,244 D $ 0.005 20,247,821 I By Vision Opportunity Master Fund, Ltd. ( 1 )
Common Stock ($0.001 par value) 03/08/2012 S 192,967 D $ 0.0049 20,054,854 I By Vision Opportunity Master Fund, Ltd. ( 1 )
Common Stock ($0.001 par value) 03/22/2012 S 385,935 D $ 0.0024 19,668,919 I By Vision Opportunity Master Fund, Ltd. ( 1 )
Common Stock ($0.001 par value) 03/27/2012 S 1,119,211 D $ 0.0024 18,549,708 I By Vision Opportunity Master Fund, Ltd. ( 1 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
VISION CAPITAL ADVISORS, LLC
20 WEST 55TH STREET
5TH FLOOR
NEW YORK, NY10019
X
BENOWITZ ADAM
C/O VISION CAPITAL ADVISORS, LLC
20 WEST 55TH STREET, 5TH FLOOR
NEW YORK, NY10019
X
Vision Opportunity Master Fund, Ltd.
C/O OGIER FIDUCIARY SERVICES (CAY) LTD.
88 NEXUS WAY
CAMANA BAY, GRAND CAYMAN, E9KY1-9007
X
Signatures
/s/ Adam Benowitz - For himself, as Managing Member of the Investment Manager and as a Director of the Fund 08/03/2012
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Vision Capital Advisors, LLC (the "Investment Manager") serves as investment manager to Vision Opportunity Master Fund, Ltd. (the "Fund"), the direct owner of the subject securities. Adam Benowitz is the Managing Member of the Investment Manager and a Director of the Fund. Each Reporting Person disclaims beneficial ownership of all securities reported herein, except to the extent of their pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the shares for purposes of Section 16 of the Securities and Exchange Act of 1934, as amended, or for any other purpose.

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