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4//SEC Filing

ILINC COMMUNICATIONS INC 4

Accession 0001019687-08-001001

CIK 0001042291operating

Filed

Mar 9, 8:00 PM ET

Accepted

Mar 10, 7:14 PM ET

Size

6.4 KB

Accession

0001019687-08-001001

Insider Transaction Report

Form 4
Period: 2008-03-06
PETZOLD KENT
Director
Transactions
  • Other

    Convertible Redeemable Subordinated Note (right to buy)

    2008-03-06+50,00050,000 total
    Exercise: $1.00Common Stock (50,000 underlying)
Footnotes (1)
  • [F1]0n March 6, 2008, Mr. Petzold purchased the Convertible Redeemable Subordinated Note originally issued by iLinc Communications, Inc. and with an original principal balance of $50,000 (the "Note"), from a private investor. The Note is convertible into 50,000 shares of Common Stock. The Note is convertible at the option of the holder unless earlier redeemed until March 29, 2012. The Note was acquired for $38,666.66 and the Note's terms were not modified as a part of the transaction.

Issuer

ILINC COMMUNICATIONS INC

CIK 0001042291

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001042291

Filing Metadata

Form type
4
Filed
Mar 9, 8:00 PM ET
Accepted
Mar 10, 7:14 PM ET
Size
6.4 KB