HEYSEL MATTHEW 4
4 · CHINA BROADBAND CORP · Filed Aug 27, 2003
Insider Transaction Report
Form 4
HEYSEL MATTHEW
DirectorChief Executive Officer
Transactions
- Other
Common Stock
2003-08-25$0.19/sh+506,000$96,140→ 547,000 total(indirect: Big Sky Holdings)
Footnotes (2)
- [F1]Mr. Heysel owns 51% of the issued and outstanding shares of Big Sky Holdings and 25% of the issued and outstanding shares (100% of the voting stock) of MH Financial Management and is an officer and director of both corporations.
- [F2]Mr. Heysel sold China Broadband Corp. shares to Big Sky Holdings Inc. and the value of the shares was based on a share price of $0.263 CDN per share. The share price was calculated by taking the closing price of the shares on August 25, 2003 (U.S.$0.19) and converting to Canadian dollars at the Bank of Canada August 25, 2003 spot rate, which resulted in a Canadian dollar price of $0.263 per share.