SOLICO INTERNATIONAL INC 4
4 · AMERICAN BUILDING CONTROL INC · Filed Jun 1, 2004
Insider Transaction Report
Form 4
SOLICO INTERNATIONAL INC
10% Owner
Transactions
- Other
Common Stock, par value $0.001
2004-01-05$2.00/sh−200,000$400,000→ 0 total
Footnotes (1)
- [F1]The Reporting Person had previously pledged these shares to secure its obligation to make payments on a promissory note in the amount of $400,000 in the purchase of these shares. The Reporting Person defaulted upon this promissory note, and the pledgor reacquired possession of these shares and the promissory note was canceled accordingly. Additionally, all of the stock purchase agreements referenced in the Reporting Person's Form 3 have terminated and no securities of the Issuer are deemed to be beneficially owned by the Reporting Person.