FORM 4
[ X ] 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 OF SECURITIES
                                                                                  
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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(f) of the Investment Company Act of 1940
                      

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/YYYY)

7/12/2011
(Street)

NEW YORK, NY 10019
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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)   7/12/2011     S    57033   D $0.0247   3867800   I   By Vision Capital Advantage Fund, L.P.   (1)
Common Stock ($0.001 par value)   9/21/2011     S    27134   D $0.0193   3840666   I   By Vision Capital Advantage Fund, L.P.   (1)
Common Stock ($0.001 par value)   9/22/2011     S    23954   D $0.0196   3816712   I   By Vision Capital Advantage Fund, L.P.   (1)
Common Stock ($0.001 par value)   9/26/2011     S    314988   D $0.0241   3501724   I   By Vision Capital Advantage Fund, L.P.   (1)
Common Stock ($0.001 par value)   11/9/2011     S    50149   D $0.0098   4609501   I   By Vision Capital Advantage Fund, L.P.   (1)
Common Stock ($0.001 par value)   11/10/2011     S    38429   D $0.0092   4571072   I   By Vision Capital Advantage Fund, L.P.   (1)
Common Stock ($0.001 par value)   11/15/2011     S    22813   D $0.0081   4548259   I   By Vision Capital Advantage Fund, L.P.   (1)
Common Stock ($0.001 par value)   12/2/2011     S    161533   D $0.0049   4386726   I   By Vision Capital Advantage Fund, L.P.   (1)
Common Stock ($0.001 par value)   12/21/2011     S    172364   D $0.0050   4214362   I   By Vision Capital Advantage Fund, L.P.   (1)
Common Stock ($0.001 par value)   12/22/2011     S    205317   D $0.0049   4009045   I   By Vision Capital Advantage Fund, L.P.   (1)
Common Stock ($0.001 par value)   12/27/2011     S    346087   D $0.0085   3662958   I   By Vision Capital Advantage Fund, L.P.   (1)
Common Stock ($0.001 par value)   12/28/2011     S    42558   D $0.0083   4646983   I   By Vision Capital Advantage Fund, L.P.   (1)
Common Stock ($0.001 par value)   12/29/2011     S    166535   D $0.0070   4480448   I   By Vision Capital Advantage Fund, L.P.   (1)
Common Stock ($0.001 par value)   12/30/2011     S    456260   D $0.0050   4024188   I   By Vision Capital Advantage Fund, L.P.   (1)
Common Stock ($0.001 par value)   2/16/2012     S    257833   D $0.0050   7221209   I   By Vision Capital Advantage Fund, L.P.   (1)
Common Stock ($0.001 par value)   2/17/2012     S    17110   D $0.0043   7204099   I   By Vision Capital Advantage Fund, L.P.   (1)
Common Stock ($0.001 par value)   2/22/2012     S    228130   D $0.0044   6975969   I   By Vision Capital Advantage Fund, L.P.   (1)
Common Stock ($0.001 par value)   2/27/2012     S    221902   D $0.0049   6754067   I   By Vision Capital Advantage Fund, L.P.   (1)
Common Stock ($0.001 par value)   3/1/2012     S    299920   D $0.0049   6454147   I   By Vision Capital Advantage Fund, L.P.   (1)
Common Stock ($0.001 par value)   3/2/2012     S    196054   D $0.0058   6258093   I   By Vision Capital Advantage Fund, L.P.   (1)
Common Stock ($0.001 par value)   3/5/2012     S    273756   D $0.0050   5984337   I   By Vision Capital Advantage Fund, L.P.   (1)
Common Stock ($0.001 par value)   3/8/2012     S    57033   D $0.0049   5927304   I   By Vision Capital Advantage Fund, L.P.   (1)
Common Stock ($0.001 par value)   3/22/2012     S    114065   D $0.0024   5813239   I   By Vision Capital Advantage Fund, L.P.   (1)
Common Stock ($0.001 par value)   3/27/2012     S    330789   D $0.0024   5482450   I   By Vision Capital Advantage Fund, L.P.   (1)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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

Explanation of Responses:
( 1)  VCAF GP, LLC (the "General Partner") serves as general partner of Vision Capital Advantage Fund, L.P. ("VCAF"), the direct owner of the subject securities. Vision Capital Advisors, LLC (the "Investment Manager") is the investment manager of VCAF designated by the General Partner. Adam Benowitz is the Managing Member of the Investment Manager. 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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
VISION CAPITAL ADVISORS, LLC
20 WEST 55TH STREET
5TH FLOOR
NEW YORK, NY 10019

X

BENOWITZ ADAM
C/O VISION CAPITAL ADVISORS, LLC
20 WEST 55TH STREET, 5TH FLOOR
NEW YORK, NY 10019

X

Vision Capital Advantage Fund, L.P.
C/O VISION CAPITAL ADVISORS
20 WEST 55TH STREET, 5TH FLOOR
NEW YORK, NY 10019

X

VCAF GP, LLC
C/O VISION CAPITAL ADVISORS
20 WEST 55TH STREET, 5TH FLOOR
NEW YORK, NY 10019

X


Signatures
/s/ Adam Benowitz - For himself, as Managing Member of the Investment Manager and as an authorized signatory of the General Partner (for itself and on behalf of VCAF) 8/3/2012
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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