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4//SEC Filing

OBSIDIAN ENTERPRISES INC 4

Accession 0000908834-03-000403

CIK 0000825521operating

Filed

Oct 2, 8:00 PM ET

Accepted

Oct 3, 5:06 PM ET

Size

5.7 KB

Accession

0000908834-03-000403

Insider Transaction Report

Form 4
Period: 2003-10-03
DURHAM TIMOTHY S
DirectorChairman and CEO10% Owner
Transactions
  • Purchase

    Series D Preferred Stock

    2003-10-03+14,28514,285 total(indirect: By Partnership)
    Common Stock (2,500,000 underlying)
Footnotes (2)
  • [F1]Each share of the Issuer's Series D Preferred Stock is convertible at the option of the holder into 175 shares of the Issuer's Common Stock. The purchase price for the 14,285 shares of Series D Preferred Stock was $250,000.
  • [F2]The shares were purchased by Obsidian Capital Partnership, L.P. ("OCP"). The Reporting Person is a managing member of the general partner of OCP and may be deemed to beneficially own shares held by OCP. The Reporting Person disclaims beneficial ownership of any securities held by OCP except to the extent of his pecuniary interest and this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.

Issuer

OBSIDIAN ENTERPRISES INC

CIK 0000825521

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000825521

Filing Metadata

Form type
4
Filed
Oct 2, 8:00 PM ET
Accepted
Oct 3, 5:06 PM ET
Size
5.7 KB