CUSIP No.
G8918T103
(1)
Names of Reporting Persons.
Platinum Partners Value Arbitrage Fund L.P.
(2)
Check the Appropriate Box if a Member of a Group (See Instructions).
(a)
o
(b)
x
(4)
Citizenship or Place of Organization.
Cayman Islands
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Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
|
(6)
Shared Voting Power:
899,016
(7)
Sole Dispositive Power:
0
(8)
Shared Dispositive Power:
899,016
|
(9)
Aggregate Amount Beneficially Owned by Each Reporting Person.
899,016 shares of Common Stock
(10)
Check if the Aggregate Amount in Row 9 Excludes Certain Shares.
o
.
(11)
Percent of Class Represented by Amount in Row 9.
5.7%
(12)
Type of Reporting Person (See Instructions).
CUSIP No.
G8918T103
(1) Names of Reporting Persons.
Platinum Management (NY) LLC
(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:
899,016
(7) Sole Dispositive Power:
0
(8) Shared Dispositive Power:
899,016
|
(9) Aggregate Amount Beneficially Owned by Each Reporting Person.
899,016 shares of Common Stock
(10) Check if the Aggregate Amount in Row 9 Excludes Certain Shares.
o
.
(11) Percent of Class Represented by Amount in Row 9.
5.7%
(12) Type of Reporting Person (See Instructions).
OO
CUSIP No.
G8918T103
(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:
899,016
(7) Sole Dispositive Power:
0
(8) Shared Dispositive Power:
899,016
|
(9) Aggregate Amount Beneficially Owned by Each Reporting Person.
899,016 shares of Common Stock
(10) Check if the Aggregate Amount in Row 9 Excludes Certain Shares.
o
.
(11) Percent of Class Represented by Amount in Row 9.
5.7%
(12) Type of Reporting Person (See Instructions).
IN
Item 1.
Tongxin International Ltd.
(b) Address of Issuer's Principal Executive Offices.
199 Pierce Street, Suite 202,
Birmingham, Michigan 48009
Item 2.
(a) Name of Person Filing.
Platinum Partners Value Arbitrage Fund L.P.
Platinum Management (NY) LLC
Mark Nordlicht
(b) Address or Principal Business Office or, if none, Residence.
152 W. 57th Street, 4th Floor
New York, NY 10019
(c) Citizenship or Place of Organization.
Platinum Partners Value Arbitrage Fund L.P. - Cayman Islands
Platinum Management (NY) LLC - Delaware
Mark Nordlicht – United States
(d) Title of Class of Securities.
Common Stock
(e) CUSIP No.
G8918T103
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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o
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Broker or dealer registered under section 15 of the Act.
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o
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Bank as defined in Section 3(a)(6) of the Act.
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o
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Insurance company as defined in Section 3(a)(19) of the Act.
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o
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Investment company registered under section 8 of the Investment Company Act of 1940.
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o
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An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
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o
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An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
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o
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A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
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o
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A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
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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;
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o
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Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
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(a)
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Amount Beneficially Owned:
899,016 shares of Common Stock
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(b)
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Percent of class:
5.7%
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(c)
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Number of shares as to which such 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:
899,016
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(iii)
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Sole power to dispose or to direct the disposition of:
0
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(iv)
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Shared power to dispose or to direct the disposition of:
899,016
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The shares of Common Stock (the “Shares”) reported in this Schedule 13G are held directly by Platinum Partners Value Arbitrage Fund L.P. Platinum Management (NY) LLC is the investment manager and general partner of Platinum Partners Value Arbitrage Fund L.P. Mr. Nordlicht is the Chief Investment Officer of Platinum Management (NY) LLC and has voting and investment control of the Shares held by Platinum Partners Value Arbitrage Fund L.P. Each of Platinum Management (NY) LLC and Mr. Nordlicht expressly disclaims beneficial ownership of the Shares held by Platinum Partners Value Arbitrage Fund L.P.
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
.
Item 6.
Ownership of More than 5 Percent on Behalf of Another Person.
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
Item 8.
Identification and Classification of Members of the Group.
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 attached Joint Filing Agreement
.
Item 9.
Notice of Dissolution of Group.
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.
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, 2013
Platinum Partners Value Arbitrage Fund L.P.
By:
/s/ OLIVER JIMENEZ
Name: Oliver Jimenez
Title: Chief Compliance Officer
Platinum Management (NY) LLC
By:
/s/ OLIVER JIMENEZ
Name: Oliver Jimenez
Title: Chief Compliance Officer
/s/ MARK NORDLICHT
Mark Nordlicht
Exhibit 1
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended, each of the undersigned does hereby consent and agree to the joint filing on behalf of each of them of a statement on Schedule 13G and all amendments thereto with respect to the Common Stock of Tongxin International Ltd beneficially owned by each of them, and to the inclusion of this Joint Filing Agreement as an exhibit thereto.
Dated: February 14, 2013
Platinum Partners Value Arbitrage Fund L.P.
By:
/s/ OLIVER JIMENEZ
Name: Oliver Jimenez
Title: Chief Compliance Officer
Platinum Management (NY) LLC
By:
/s/ OLIVER JIMENEZ
Name: Oliver Jimenez
Title: Chief Compliance Officer
/s/ MARK NORDLICHT
Mark Nordlicht
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