LONDON & BOSTON INVESTMENTS PLC 5
5 · AVATAR SYSTEMS INC · Filed Feb 14, 2005
Insider Transaction Report
Form 5
AVATAR SYSTEMS INCAVSY.OB
LONDON & BOSTON INVESTMENTS PLC
10% Owner
Transactions
- Exercise/Conversion
Common Stock
2004-12-10$0.59/sh+25,000$14,750→ 1,679,002 total - Expiration (Short)
Warrant
[F1]2004-12-10$0.01/sh−1,000,000$14,700→ 0 total(indirect: See Footnote)Exercise: $1.00From: 2000-07-10Exp: 2005-07-10→ Common Stock (1,000,000 underlying)
Footnotes (1)
- [F1]Includes 1,000,000 shares which may be issued to London & Boston Investments, Plc upon exercise of 1,000,000 warrants at $1.00 per share.
Signature
/s/ Stephen a. Komlosy|2005-02-14