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METRO MARKETING CO LTD 4

Accession 0001012975-03-000313

CIK 0001017837other
View on SEC.govCompany Profile

Filed

Oct 1, 8:00 PM ET

Accepted

Oct 2, 7:21 PM ET

Size

13.7 KB

Accession

0001012975-03-000313

Insider Transaction Report

Form 4
Period: 2003-09-30
PHONE1GLOBALWIDE INCPHGW.OB
METRO MARKETING CO LTD
10% Owner
Transactions
  • Sale

    Common Stock

    2003-09-30$0.40/sh−38,352,714$15,341,086→ 0 total(indirect: See Footnote)
  • Sale

    $5 Million Convertible Note

    2003-09-30$0.40/sh−12,500,000$5,000,000→ 0 total(indirect: See Footnote)
    Exercise: $0.40From: 2003-09-30Exp: 2003-09-30→ Common Stock (12,500,000 underlying)
  • Sale

    $20 Million Convertible Note

    2003-09-30$0.40/sh−25,000,000$10,000,000→ 0 total(indirect: See Footnote)
    Exercise: $0.40From: 2003-09-30Exp: 2003-09-30→ Common Stock (25,000,000 underlying)
Footnotes (6)
  • [F1]GNB Bank (Panama) S.A. ("GNB Bank"), sold to Hispanic Telecommunications Holding S.A. ("Hispanic") 38,352,714 shares of the Issuer's Common Stock at a price of $.40 per share.
  • [F2]The Reporting Person disclaims beneficial ownership of any securities which were owned by GNB Bank and this report shall not be deemed an admission that the Reporting Person was the beneficial owner of such securities for purposes of Section 16 or for any other purpose
  • [F3]By the Reporting Person's subsidiary, GNB Bank (Panama) S.A.
  • [F4]GNB Bank sold to Hispanic a $20 Million Convertible Note executed by the Issuer (which principal outstanding was $10 Million) convertible into 25,000,000 shares (subject to certain anti-dilution adjustments) of the Issuer's Common Stock.
  • [F5]GNB Bank sold to Hispanic a $5 Million Convertible Note executed by the Issuer dated November 26, 2002 convertible into 12,500,000 shares (subject to certain anti-dilution adjustments) of the Issuer's Common Stock.
  • [F6]GNB Bank sold to Hispanic a $5 Million Convertible Note executed by the Issuer dated February 17, 2003 convertible into 12,500,000 shares (subject to certain anti-dilution adjustments) of the Issuer's Common Stock.

Documents

1 file

Issuer

PHONE1GLOBALWIDE INC

CIK 0001017837

→
Entity typeother

Related Parties

1
  • filerCIK 0001198488

Filing Metadata

Form type
4
Filed
Oct 1, 8:00 PM ET
Accepted
Oct 2, 7:21 PM ET
Size
13.7 KB
View on SEC.gov