TARINI ROBERT 4
4 · MARKLAND TECHNOLOGIES INC · Filed Jun 30, 2005
Insider Transaction Report
Form 4
TARINI ROBERT
DirectorChief Executive Officer
Transactions
- Purchase
Series D Convertible Preferred Stock
2005-06-20+625→ 625 total(indirect: See Note)
Footnotes (1)
- [F1]On June 20, 2005, ipPartners, Inc. exchanged 143,678 shares of Series B Preferred Stock of Technest Holdings, Inc., a Nevada corporation and subsidiary of Markland Technologies, Inc., for 625 shares of Markland Series D Convertible Preferred Stock. The Reporting Person may be deemed to be the beneficial owner of the shares of ipPartners, Inc., being that he is an officer and the sole stockholder of ipPartners, Inc. For Terms and Conditions of Markland Series D Preferred Stock, see Exhibit 99.1