Blockbuster
Inc.
|
(Name
of Issuer)
|
Class
A Common Stock, $0.01 par value
|
(Title
of Class of Securities)
|
093679108
|
(CUSIP
Number)
|
Mark
J. Wattles
|
7945
W. Sahara Ave., Suite 205
|
Las
Vegas, NV 89117
|
303-801-4003
|
(Name,
Address and Telephone Number of Person Authorized to
|
Receive
Notices and Communications)
|
February
16, 2010
|
(Date
of Event which Requires Filing of this
Statement)
|
CUSIP
No. 093679108
|
1.
|
Names
of Reporting Persons. I.R.S. Identification Nos. of above persons
(entities only)
Wattles
Capital Management, LLC
|
||
2.
|
Check
the Appropriate Box if a Member of a Group (See
Instructions)
|
||
(a)
o
|
|||
(b)
o
|
|||
3.
|
SEC
Use Only
|
||
4.
|
Source
of Funds (See Instructions)
WC,
PF
|
||
5.
|
Check
if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or
2(e)
o
|
||
6.
|
Citizenship
or Place of Organization
Delaware
|
||
Number
of
Class
A
Shares
Beneficially
Owned
by
Each
Reporting
Person
with
|
6,000,000
|
||
8.
Shared Voting Power
—
|
|||
9.
Sole Dispositive Power
6,000,000
|
|||
10.
Shared Dispositive Power
—
|
|||
11.
|
Aggregate
Amount Beneficially Owned by Each Reporting Person
6,000,000
|
||
12.
|
Check
if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
o
|
||
13.
|
Percent
of Class Represented by Amount in Row (11)
4.9%
|
||
14.
|
Type
of Reporting Person (See Instructions)
OO
|
CUSIP
No. 093679108
|
|||
1.
|
Names
of Reporting Persons. I.R.S. Identification Nos. of above persons
(entities only)
HKW
Trust
|
||
2.
|
Check
the Appropriate Box if a Member of a Group (See
Instructions)
|
||
(a)
o
|
|||
(b)
o
|
|||
3.
|
SEC
Use Only
|
||
4.
|
Source
of Funds (See Instructions)
WC
|
||
5.
|
Check
if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or
2(e)
o
|
||
6.
|
Citizenship
or Place of Organization
Nevada
|
||
Number
of
Class
A
Shares
Beneficially
Owned
by
Each
Reporting
Person
with
|
7.
Sole Voting Power
200,000
|
||
8.
Shared Voting Power
—
|
|||
9.
Sole Dispositive Power
200,000
|
|||
10.
Shared Dispositive Power
—
|
|||
11.
|
Aggregate
Amount Beneficially Owned by Each Reporting Person
200,000
|
||
12.
|
Check
if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions) o
|
||
13.
|
Percent
of Class Represented by Amount in Row (11)
0.2%
|
||
14.
|
Type
of Reporting Person (See Instructions)
OO
|
February
16, 2010
|
/s/
Mark J. Wattles
|
||
Mark
J. Wattles
|
WCM TRANSACTIONS | ||||
Date |
Shares
Purchased / (Sold)
|
Price
Per Share
|
||
12/14/2009
|
50,000
|
$ 0.72
|
||
12/15/2009
|
50,000
|
$ 0.71
|
||
12/18/2009
|
50,000
|
$ 0.67
|
||
12/21/2009
|
50,000
|
$ 0.68
|
||
12/22/2009
|
50,000
|
$ 0.72
|
||
12/23/2009
|
50,000
|
$ 0.75
|
||
12/24/2009
|
50,000
|
$ 0.75
|
||
12/28/2009
|
50,000
|
$ 0.75
|
||
1/4/2010
|
50,000
|
$ 0.70
|
||
1/20/2010
|
194,445
|
$ 0.73
|
||
1/21/2010
|
3,250,000
|
$ 0.52
|
||
1/22/2010
|
250,000
|
$ 0.45
|
||
1/25/2010
|
200,000
|
$ 0.40
|
||
1/26/2010
|
150,000
|
$ 0.40
|
||
1/27/2010
|
300,000
|
$ 0.38
|
||
1/28/2010
|
1,000,000
|
$ 0.39
|
||
1/29/2010
|
920,600
|
$ 0.44
|
||
2/1/2010
|
1,000,000
|
$ 0.46
|
||
2/9/2010
|
(507,504)
|
$ 0.39
|
||
2/10/2010
|
(350,000)
|
$ 0.42
|
||
2/10/2010
|
(200,000)
|
$ 0.38
|
||
2/11/2010
|
(500,000)
|
$ 0.37
|
||
2/12/2010
|
(207,541)
|
$ 0.38
|
HKW TRANSACTIONS | ||||
Date |
Shares
Purchased / (Sold)
|
Price
Per Share
|
||
12/21/2009
|
50,000
|
$ 0.68
|
||
12/23/2009
|
25,000
|
$ 0.75
|
||
12/24/2009
|
50,000
|
$ 0.75
|
||
12/28/2009
|
75,000
|
$ 0.75
|
||
12/31/2009
|
100,000
|
$ 0.69
|
||
1/4/2010
|
80,126
|
$ 0.70
|
||
1/5/2010
|
100,000
|
$ 0.73
|
||
1/6/2010
|
100,000
|
$ 0.73
|
||
1/20/2010
|
155,555
|
$ 0.73
|
||
2/5/2010
|
(250,000)
|
$ 0.42
|
||
2/8/2010
|
(485,681)
|
$ 0.42
|
||
2/12/2010
|
200,000
|
$ 0.39
|