4//SEC Filing
Easy Golf CORP 4
Accession 0001010412-08-000001
CIK 0001345479operating
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 12:35 PM ET
Size
6.0 KB
Accession
0001010412-08-000001
Insider Transaction Report
Form 4
Easy Golf CORPEGOF
COOMBS JOHN MICHAEL
DirectorPres., DEO, Sec/Treas, CFO10% Owner
Transactions
- Sale
Common Stock
2007-12-27$0.17/sh−2,947,084$501,004→ 0 total
Footnotes (2)
- [F1]This price per share was actually slightly less than 17 cents. The gross amount received by the Reporting Person was decreased by the amount of money necessary for him to satisfy and extinguish all debts and liabilities of the issuer as of December 27, 2007, an amount now estimated at approximately $69,000, all of which he agreed to do as a part of the sale transaction.
- [F2]As additional consideration for Mr. Coombs' agreement to satisfy and extinguish all debts and liabilities of the issuer as of December 27, 2007, and his further agreement to terminate the intellectual property license agreement, to which he was a party, Easy Golf has agreed to issue to Mr. Coombs, or his assigns, warrants to purchase a total of 100,000 shares of Easy Golf's common stock after any potential or future reverse split of shares. These warrants are exercisable at a price of $0.50 per share for a period of 5 years from the date of issuance.
Documents
Issuer
Easy Golf CORP
CIK 0001345479
Entity typeoperating
IncorporatedNV
Related Parties
1- filerCIK 0001345479
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 12:35 PM ET
- Size
- 6.0 KB