UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. 1)*

Transforma Acquisition Group Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

89366E100

(CUSIP Number)

March 10, 2008

(Date of Event Which Requires Filing of This Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)

* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).



-------------------------- --------------------------
CUSIP NO. 89366E100 SCHEDULE 13G PAGE 2 OF 8 PAGES
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON/S.S. OR I.R.S. IDENTIFICATION
 NO. OF ABOVE PERSON

 WEISS ASSET MANAGEMENT, LLC
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [ ]
 (B) [ ]
--------------------------------------------------------------------------------
3. SEC USE ONLY


--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION

 DELAWARE
--------------------------------------------------------------------------------
 5. SOLE VOTING POWER

 0
 NUMBER OF --------------------------------------------------
 SHARES 6. SHARED VOTING POWER
 BENEFICIALLY
 OWNED BY 362,301
 EACH --------------------------------------------------
 REPORTING 7. SOLE DISPOSITIVE POWER
 PERSON
 WITH: 0
 --------------------------------------------------
 8. SHARED DISPOSITIVE POWER

 362,301
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 362,301
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
 CERTAIN SHARES* [ ]
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 2.3%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*

 00 - Limited Liability Company
================================================================================


-------------------------- --------------------------
CUSIP NO. 89366E100 SCHEDULE 13G PAGE 3 OF 8 PAGES
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON/S.S. OR I.R.S. IDENTIFICATION
 NO. OF ABOVE PERSON

 WEISS CAPITAL, LLC
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [ ]
 (B) [ ]
--------------------------------------------------------------------------------
3. SEC USE ONLY


--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION

 DELAWARE
--------------------------------------------------------------------------------
 5. SOLE VOTING POWER

 0
 NUMBER OF --------------------------------------------------
 SHARES 6. SHARED VOTING POWER
 BENEFICIALLY
 OWNED BY 116,018
 EACH --------------------------------------------------
 REPORTING 7. SOLE DISPOSITIVE POWER
 PERSON
 WITH: 0
 --------------------------------------------------
 8. SHARED DISPOSITIVE POWER

 116,018
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 116,018
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
 CERTAIN SHARES* [ ]
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 0.7%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*

 00 - Limited Liability Company
================================================================================


-------------------------- --------------------------
CUSIP NO. 89366E100 SCHEDULE 13G PAGE 4 OF 8 PAGES
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON/S.S. OR I.R.S. IDENTIFICATION
 NO. OF ABOVE PERSON

 ANDREW M. WEISS, PH.D.
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [ ]
 (B) [ ]
--------------------------------------------------------------------------------
3. SEC USE ONLY


--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION

 USA
--------------------------------------------------------------------------------
 5. SOLE VOTING POWER

 0
 NUMBER OF --------------------------------------------------
 SHARES 6. SHARED VOTING POWER
 BENEFICIALLY
 OWNED BY 478,319
 EACH --------------------------------------------------
 REPORTING 7. SOLE DISPOSITIVE POWER
 PERSON
 WITH: 0
 --------------------------------------------------
 8. SHARED DISPOSITIVE POWER

 478,319
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 478,319
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
 CERTAIN SHARES* [ ]
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 3.0%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*

 IN
================================================================================


CUSIP NO. 89366E100 SCHEDULE 13G PAGE 5 OF 8 PAGES
 ------------ --- ---


ITEM 1.

 (a) Name of Issuer: Transforma Acquisition Group Inc.
 -----------------------------------

 (b) Address of Issuer's Principal Executive Offices:

 350 Park Avenue, 10th Floor
 New York, New York 10022
-------------------------------------------------------


ITEM 2.

 (a) and (c): Name and Citizenship of Persons Filing:

 (i) Weiss Asset Management, LLC, a Delaware limited liability company
 ("Weiss Asset Management").
 (ii) Weiss Capital, LLC, a Delaware limited liability company
 ("Weiss Capital").
 (iii) Andrew M. Weiss, Ph.D., a United States citizen.


 (b): Address of Principal Business Office:

 Weiss Asset Management, Weiss Capital, and Dr. Weiss have a business
 address of 29 Commonwealth Avenue, 10th Floor, Boston, Massachusetts 02116

 (d) Title of Class of Securities: Common Stock
 -----------------

 (e) CUSIP Number: 89366E100
 ------------------


ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B), OR 13D-2(B), CHECK
 WHETHER THE PERSON FILING IS A:

 (a) [ ] Broker or Dealer registered under Section 15 of the Act
 (15 U.S.C. 78o).
 (b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
 (c) [ ] Insurance Company as defined in section 3(a)(19) of the Act
 (15 U.S.C. 78c).
 (d) [ ] Investment Company registered under section 8 of the Investment
 Company Act of 19478,319 (15 U.S.C. 80a-8).
 (e) [ ] Investment Adviser registered under section 203 of the Investment
 Advisers Act or under the laws of any State
 (f) [ ] Employee Benefit Plan, Pension fund which is subject to the
 provisions of the Employee Retirement Income Security Act of
 1974 or Endowment Fund; see Section 2478,319.13d-1(b)(1)(ii)(F)
 (g) [ ] A Parent Holding Company or control person, in accordance with
 Section 2478,319.13d-1(b)(ii)(G)(Note: See Item 7)
 (h) [ ] A Savings Association as defined in Section 3(b) of the Federal
 Deposit Insurance Act (12 U.S.C. 1813)
 (i) [ ] A Church Plan that is excluded from the definition of an
 investment company under Section 3(c)(14) of the Investment
 Company Act of 19478,319 (15 U.S.C. 80a-3)
 (j) [ ] Group, in accordance with Section 2478,319.13d-1(b)(1)(ii)(J)


CUSIP NO. 89366E100 SCHEDULE 13G PAGE 6 OF 8 PAGES
 ------------ --- ---


ITEM 4. OWNERSHIP


 Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item I.

 WEISS ASSET MANAGEMENT, LLC*
 (a) Amount Beneficially Owned: 362,301
 -------------------------------------------
 (b) Percent of Class: 2.3%
 ----------------------------------------------------
 (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: 362,301
 -----------------------
 (iii)sole power to dispose or to direct the disposition of: 0
 -----------
 (iv) shared power to dispose or to direct the disposition of: 362,301
 ---------


 WEISS CAPITAL, LLC**
 (a) Amount Beneficially Owned: 116,018
 -------------------------------------------
 (b) Percent of Class: 0.7%
 ----------------------------------------------------
 (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: 116,018
 -----------------------
 (iii)sole power to dispose or to direct the disposition of: 0
 -----------
 (iv) shared power to dispose or to direct the disposition of: 116,018
 ---------


 ANDREW M. WEISS, PH.D.***
 (a) Amount Beneficially Owned: 478,319
 -------------------------------------------
 (b) Percent of Class: 3.0%
 ----------------------------------------------------
 (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: 478,319
 -----------------------
 (iii)sole power to dispose or to direct the disposition of: 0
 -----------
 (iv) shared power to dispose or to direct the disposition of: 478,319
 ---------
-----------------------
* Shares reported for Weiss Asset Management include shares beneficially owned
by a private investment partnership of which Weiss Asset Management is the sole
general partner.
** Shares reported for Weiss Capital include shares beneficially owned
by a private investment corporation of which Weiss Capital is the sole
investment manager.
*** Shares reported for Andrew Weiss include shares beneficially owned by a
private investment partnership of which Weiss Asset Management is the sole
general partner and which may be deemed to be controlled by Mr. Weiss, who is
the Managing Member of Weiss Asset Management, and also includes shares held by
a private investment corporation which may be deemed to be controlled by Mr.
Weiss, who is the managing member of Weiss Capital, the Investment Manager of
such private investment corporation. Dr. Weiss disclaims beneficial ownership of
the shares reported herein as beneficially owned by him except to the extent of
his pecuniary interest therein.
The percent of class computations are based on 15,624,997 shares of common stock
outstanding as of September 30, 2007, as reported in the Company's Form 10-Q,
dated as of November 13, 2007.


CUSIP NO. 89366E100 SCHEDULE 13G PAGE 7 OF 8 PAGES
 ------------ --- ---



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
five percent of the class of securities, check the following [X].


ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON

 Not Applicable


ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
 SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR CONTROL
 PERSON

 Not Applicable


ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP

 Not Applicable


ITEM 9. NOTICE OF DISSOLUTION OF GROUP

 Not Applicable


ITEM 10. CERTIFICATION

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.


CUSIP NO. 89366E100 SCHEDULE 13G PAGE 8 OF 8 PAGES
 ------------ --- ---



 SIGNATURE



After reasonable inquiry and to the best of my knowledge and belief, I hereby
certify that the information set forth in this statement is true, complete and
correct.


Dated: March 13, 2008

 WEISS ASSET MANAGEMENT, LLC


 By: /s/ Georgiy Nikitin
 -----------------------------------
 Georgiy Nikitin, Chief Compliance Officer



 WEISS CAPITAL, LLC


 By: /s/ Georgiy Nikitin
 -----------------------------------
 Georgiy Nikitin, Chief Compliance Officer



 By: /s/ Georgiy Nikitin
 -----------------------------------
 Attorney-in-Fact for Andrew Weiss

Transforma Acquisition Grp. (AMEX:TAQ)
Historical Stock Chart
Von Okt 2024 bis Nov 2024 Click Here for more Transforma Acquisition Grp. Charts.
Transforma Acquisition Grp. (AMEX:TAQ)
Historical Stock Chart
Von Nov 2023 bis Nov 2024 Click Here for more Transforma Acquisition Grp. Charts.