INTERNATIONAL HEDGE GROUP, INC. 4/A
4/A · BLACKSTAR ENTERPRISE GROUP, INC. · Filed Oct 1, 2018
Insider Transaction Report
Form 4/AAmended
INTERNATIONAL HEDGE GROUP, INC.
10% Owner
Transactions
- Other
Common Stock
2018-06-14−1,300,000→ 27,650,000 total - Other
Common Stock
2017-09-27−16,420,000→ 27,980,000 total - Other
Common Stock
2018-04-29−330,000→ 27,650,000 total - Exercise/Conversion
Common Stock
2018-06-14$0.05/sh+1,300,000$65,000→ 28,950,000 total - Other
Common Stock
2018-06-18−16,370,370→ 11,279,630 total - Exercise/Conversion
Warrants
2018-06-14−1,350,000→ 0 totalExercise: $0.05From: 2016-08-30Exp: 2019-08-30→ Common Stock (1,350,000 underlying)
Footnotes (4)
- [F1]The warrants were initially acquired along with 44,400,000 shares of common stock and 1,000,000 shares of Class A Preferred Stock when IHG contracted to acquire BlackStar Enterprise Group, Inc. ("Company") in January 2016 for a capital infusion of $200,000 into the Company.
- [F2]The cashless exercise of 1,350,000 warrants on June 14, 2018 resulted in 1,300,000 shares of common stock, which were assigned to non-affiliated individual advisors to the Company. On June 18, 2018, International Hedge Group, Inc. retired 16,370,370 shares to treasury.
- [F3]On April 29, 2018, International Hedge Group, Inc. retired 330,000 shares to treasury simultaneous to the issuance of 330,000 shares purchased in a private placement offering.
- [F4]The Transaction Date appearing in the first row of Table I was previously misreported as September 29, 2017 and is being corrected to September 27, 2017 to reflect the date of the resolution of the Board of Directors. The Transaction Code has also been updated to "J" to more accurately reflect that the shares were retired to treasury by International Hedge Group, Inc. as an anti-dilutive measure.