MID STATE RACEWAY INC 4
4 · MID STATE RACEWAY INC · Filed Aug 13, 2004
Insider Transaction Report
Form 4
MID STATE RACEWAY INCMRWY.PK
ALL CAPITAL LLC
10% Owner
Transactions
- Other
Common Stock Warrant (right to buy)
2002-08-28+1,100,000→ 1,100,000 totalExercise: $2.00From: 2002-08-28Exp: 2007-08-31→ common stock (1,100,000 underlying)
Footnotes (1)
- [F1]The Reporting Person acquired a warrant for 900,000 shares from the Issuer in connection with a $15 million loan to the Issuer, and the warrant for the balance of 200,000 shares was issued to Reporting Person in connection with the application of a portion of the loan proceeds towards the repayment of an outstanding loan from Vernon, LLC (an affiliate of All Capital) and the termination of a 10% Convertible Promissory Note held by Vernon, LLC.