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 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 *

Vicis Capital, LLC
2. Issuer Name and Ticker or Trading Symbol

AMACORE GROUP, INC. [ ACGI.PK ]
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)

445 PARK AVENUE, SUITE 1901
3. Date of Earliest Transaction (MM/DD/YYYY)

3/22/2012
(Street)

NEW YORK, NY 10022
(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
Class A Common Stock                  891316950   I   (1) By Vicis Capital Master Fund  

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
15% Senior Secured Convertible Note   $0.005   3/22/2012     P      $500,000         (2) 6/30/2012   Class A Common Stock   100000000   $500,000   $4,000,000   I   (1) By Vicis Capital Master Fund  
Series L Convertible Preferred Stock   $0.01                      (2)   (3) Class A Common Stock   1050000000     1050   I   (1) By Vicis Capital Master Fund  
Warrant to purchase Class A Common Stock   $0.375                    12/31/2009   12/31/2014   Class A Common Stock   67500000     67500000   I   (1) By Vicis Capital Master Fund  
Warrant to purchase Class A Common Stock   $0.375                    12/31/2009   6/29/2014   Class A Common Stock   50625000     50625000   I   (1) By Vicis Capital Master Fund  
Series I Convertible Preferred Stock   $5                      (2)   (3) Class A Common Stock   3300000     1650   I   (1) By Vicis Capital Master Fund  
Warrant to purchase Class A Common Stock   $0.375                      (2) 3/31/2014   Class A Common Stock   45000000     45000000   I   (1) By Vicis Capital Master Fund  
Warrant to purchase Class A Common Stock   $0.375                      (2) 1/13/2014   Class A Common Stock   45000000     45000000   I   (1) By Vicis Capital Master Fund  
Warrant to purchase Class A Common Stock   $0.375                      (2) 12/31/2013   Class A Common Stock   28125000     28125000   I   (1) By Vicis Capital Master Fund  
Warrant to purchase Class A Common Stock   $0.375                      (2) 10/6/2013   Class A Common Stock   22500000     22500000   I   (1) By Vicis Capital Master Fund  
Warrant to purchase Class A Common Stock   $0.375                      (2) 9/30/2013   Class A Common Stock   45000000     45000000   I   (1) By Vicis Capital Master Fund  
Series G Convertible Preferred Stock   $5                      (2)   (3) Class A Common Stock   2400000     1200   I   (1) By Vicis Capital Master Fund  
Series H Convertible Preferred Stock   $5                      (2)   (3) Class A Common Stock   800000     400   I   (1) By Vicis Capital Master Fund  
Warrant to purchase Class A Common Stock   $0.375                      (2) 3/13/2013   Class A Common Stock   45000000     45000000   I   (1) By Vicis Capital Master Fund  
Warrant to purchase Class A Common Stock   $0.375                      (2) 4/30/2013   Class A Common Stock   22500000     22500000   I   (1) By Vicis Capital Master Fund  
Warrant to purchase Class A Common Stock   $0.375                      (2) 6/2/2013   Class A Common Stock   45000000     45000000   I   (1) By Vicis Capital Master Fund  

Explanation of Responses:
( 1)  Represents the indirect holdings of Vicis Capital, LLC. All of the foregoing represents securities held directly by Vicis Capital Master Fund. Vicis Capital, LLC acts as investment advisor to Vicis Capital Master Fund and therefore has voting and dispositive power over all the foregoing shares. For the purposes of Rule 13d-3 under the Securities Exchange Act of 1934, as amended, Vicis Capital, LLC may be deemed to be the beneficial owner of, but hereby disclaims such beneficial ownership of, the foregoing shares.
( 2)  Immediately.
( 3)  None. Pursuant to the terms of the Certificate of Designation designating such series of preferred stock of the Issuer, as of July 15, 2011, this security shall remain outstanding unless and until converted by the holder at the holder's sole discretion.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Vicis Capital, LLC
445 PARK AVENUE, SUITE 1901
NEW YORK, NY 10022

X

Vicis Capital Master Fund
445 PARK AVENUE, SUITE 1901
NEW YORK, NY 10022

X


Signatures
/s/ Andrew Comito, Compliance Officer, Vicis Capital, LLC 3/23/2012
** Signature of Reporting Person Date

/s/ Andrew Comito, Authorized Representative, Vicis Capital Master Fund 3/23/2012
** 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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