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4//SEC Filing

SMITH JAMES B 4

Accession 0001010549-07-000097

CIK 0001107104other

Filed

Feb 6, 7:00 PM ET

Accepted

Feb 7, 5:00 PM ET

Size

6.8 KB

Accession

0001010549-07-000097

Insider Transaction Report

Form 4
Period: 2007-01-22
SMITH JAMES B
DirectorPresident
Transactions
  • Disposition to Issuer

    Common Stock

    2007-01-22$0.23/sh500,000$115,000650,000 total
Holdings
  • Common Stock

    (indirect: By IRA)
    39,000
  • Common Stock

    (indirect: By Trust)
    360,000
Footnotes (2)
  • [F1]On September 14, 2004, the Reporting Person acquired 500,000 shares of common stock of the issuer pursuant to a promissory note as described in the Reporting Person's Form 4 filed on November 17, 2004. On January 22, 2007, the Reporting Person transferred the 500,000 shares to the issuer in consideration for the cancellation of the promissory note. As of January 22, 2007, the outstanding principal and interest under the note was $117,458.90.
  • [F2]The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, if any.

Issuer

TIDELANDS OIL & GAS CORP/WA

CIK 0001107104

Entity typeother

Related Parties

1
  • filerCIK 0001265768

Filing Metadata

Form type
4
Filed
Feb 6, 7:00 PM ET
Accepted
Feb 7, 5:00 PM ET
Size
6.8 KB