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MCKENZIE BAY INTERNATIONAL LTD 4

Accession 0001091818-05-000037

CIK 0001144216operating

Filed

Feb 9, 7:00 PM ET

Accepted

Feb 10, 5:04 PM ET

Size

8.7 KB

Accession

0001091818-05-000037

Insider Transaction Report

Form 4
Period: 2004-08-13
DiMora John
Director
Transactions
  • Award

    Promissory Note Conversion to Common Stock

    2004-08-13$0.75/sh+174,733$131,050174,733 total(indirect: By Spouse)
    Exercise: $0.75From: 2004-08-13Exp: 2005-02-14Promissory Note converted into Common Shares (33,333 underlying)
  • Award

    Promissory Note-Warrant exercised into Common Stock

    2004-08-13$1.07/sh+37,500$40,125141,000 total(indirect: By Spouse)
    Exercise: $1.07From: 2004-08-13Exp: 2006-08-12Promissory Note Warrant Exercised into Common shares (37,500 underlying)
Footnotes (2)
  • [F1]Holders entered into a $25000 with 10% per annum interest promissory note agreement with McKenzie Bay International Ltd. The holders received 37,500 Warrants with this agreement to purchase 37,500 shares of common stock at $1.07 per share which can be exercised over 2-years from date of issuance.
  • [F2]Holders entered into a $25000 with 10% per annum interest Promissory Note with McKenzie Bay International. Holders have the right under the promissory note agreement to aquire 33,333 shares of common stock at $0.75 upon conversion of the Note.

Issuer

MCKENZIE BAY INTERNATIONAL LTD

CIK 0001144216

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001144216

Filing Metadata

Form type
4
Filed
Feb 9, 7:00 PM ET
Accepted
Feb 10, 5:04 PM ET
Size
8.7 KB