SDS MERCHANT FUND LP 4
4 · TELENETICS CORP · Filed Feb 4, 2005
Insider Transaction Report
Form 4
TELENETICS CORPTLNT.OB
SDS MERCHANT FUND LP
10% Owner
Transactions
- Other
Common Stock
2003-10-01−5,360,380→ 0 total - Sale
Common Stock
2003-07-31$0.10/sh−80,000$8,056→ 5,360,380 total - Other
Common Stock
2003-10-31−5,360,380→ 0 total(indirect: By Mr. Steven Derby) - Other
Common Stock Warrant (right to buy)
2003-10-01−2,553,105→ 0 totalExercise: $0.44From: 2003-03-01Exp: 2007-02-28→ Common Stock (2,553,105 underlying)
Footnotes (4)
- [F1]These securities are beneficially owned by SDS Capital Advisors, LP (the "Parnership").
- [F2]These securities are held by the Partnership, of which SDS Capital Partners, LLC ("SDS Capital Partners") is the general partner. The entire amount of the Issuer's securities held by the Partnership is reported herein. SDS Capital Partners disclaims any beneficial ownership of any of the Issuer's securities to which this report relates, except to the extent of its indirect pecuniary interest therein, and this report shall not be deemed an admission that SDS Capital Partners is the beneficial owner of such securities. The address of SDS Capital Partners is 53 Forest Avenue, 2nd Floor, Old Greenwich, Connecticut 06870.
- [F3]These securities are held by the Partnership. Mr. Steven Derby is the sole managing member of SDS Capital Partners and, as such, has investment and voting power with respect to the securities held by the Partnership. The entire amount of the Issuer's securities held by the Partnership is reported herein. Mr. Derby disclaims any beneficial ownership of any of the Issuer's securities to which this report relates, except to the extent of his indirect pecuniary interest therein, and this report shall not be deemed an admisssion that Mr. Derby is the beneficial owner of such securities. Mr. Derby's address is c/o SDS Management, LLC, 53 Forest Avenue, 2nd Floor, Old Greenwich, Connecticut 06870.
- [F4]The Partnership assigned and transferred all securities of the Issuer owned by it to the Class B Portfolio of SDS Capital Group SPC, Ltd.