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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES 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(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
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. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction 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 (Month/Day/Year) |
7. Title and Amount of Underlying Securities (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) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Convertible Note | $ 0.1 | 05/06/2010 | J(1) | $ 188,911 | 05/06/2010 | 05/06/2013 | Common Stock | 1,889,110 | (1) | $ 188,911 | D | ||||
Convertible Note | $ 0.1 | 05/06/2010 | P | $ 100,000 | 05/06/2010 | 06/06/2013 | Common Stock | 1,000,000 | (3) | $ 288,911 | D | ||||
Common Stock Warrants | $ 0.2 | 05/06/2010 | J(1)(2) | 1,889,110 | 05/06/2010 | 05/06/2015 | Common Stock | 1,889,110 | (2) | 2,064,000 | D | ||||
Common Stock Warrants | $ 0.2 | 05/06/2010 | P | 1,000,000 | 05/06/2010 | 05/06/2015 | Common Stock | 1,000,000 | (3) | 3,064,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Barish Michael S 2401 EAST SECOND AVENUE SUITE 400 DENVER, CO 80206 |
X | X |
Lissie Stagg, Attorney in Fact | 05/07/2010 | |
**Signature of Reporting Person | Date |
* | 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). |
(1) | Mr. Barish converted an outstanding $175,000 Promissory Note and $13,911 interest due on the note into the $188,911 Convertible Note, which pays 8% per year. |
(2) | Per the terms of the Convertible Note, Mr. Barish was issued warrants to purchase 1,889,110 shares of common stock. |
(3) | Mr. Barish invested $100,000 for the $100,000 Convertible Note. Per the terms of the Convertible Note, Mr. Barish was issued warrants to purchase 1,000,000 shares of common stock. |