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4//SEC Filing

Jarkesy George R. Jr. 4

Accession 0001078782-09-000893

CIK 0000867687other

Filed

Jun 1, 8:00 PM ET

Accepted

Jun 2, 12:10 PM ET

Size

8.2 KB

Accession

0001078782-09-000893

Insider Transaction Report

Form 4
Period: 2009-05-27
Jarkesy George R. Jr.
Director10% Owner
Transactions
  • Purchase

    Common Stock

    2009-05-27$0.00/sh+12,830,000$46,18834,165,199 total(indirect: See footnote)
Holdings
  • Common Stock

    (indirect: See footnote)
    1,500,000
  • Common Stock

    4,300,000
Footnotes (4)
  • [F1]Effective May 27, 2009, the Issuer and two of its wholly owned subsidiaries entered into a financing transaction (the "Financing") with five investors to provide financing of up to $4,000,000, pursuant to which John Thomas Bridge and Opportunity Fund, L.P. ("JTBO") was issued 14,630,000 shares of Issuer common stock for an aggregate purchase price of $52,500. In connection with the Financing, JTBO and the Issuer also agreed that the 1,800,000 shares (the "April Shares") of Issuer common stock issued to JTBOF in April of 2009 in connection with a loan made by JTBOF to the Issuer would be repaid in full at the first closing of the Financing and cancelled, and that JTBOF would return the certificates evidencing all of the April Shares to the Issuer for cancellation.
  • [F2]These shares reported are directly owned by JTBO. John Thomas Capital Management Group, LLC ("JTCMG") serves as the general partner of JTBO. The Reporting Person is the managing member of JTCMG.
  • [F3]These shares reported are directly owned by Marathon Advisors, LLC ("Marathon"). The Reporting Person may be deemed to share voting and dispositive power with respect to the shares of common stock of the Issuer beneficially owned by Marathon.
  • [F4]The Reporting Person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein.

Issuer

AMERICA WEST RESOURCES, INC.

CIK 0000867687

Entity typeother

Related Parties

1
  • filerCIK 0001432520

Filing Metadata

Form type
4
Filed
Jun 1, 8:00 PM ET
Accepted
Jun 2, 12:10 PM ET
Size
8.2 KB