ANDAIN, INC. 4/A
4/A · ANDAIN, INC. · Filed Jul 10, 2006
Insider Transaction Report
Form 4/AAmended
ANDAIN, INC.NONE
Marthaler Ralph W
10% Owner
Transactions
- Other
Common Stock
2006-02-03+7,000,000→ 9,050,000 total(indirect: Control of Pangea Investments) - Purchase
Common Stock
2006-02-03$0.01/sh+50,000$500→ 2,050,000 total(indirect: Control of Pangea Investments)
Footnotes (3)
- [F1]50,000 direct and 2,000,000 direct.
- [F2]On July 3, 2006, the Issuer entered into a Share Purchase Agreement with Pagnea Investments GmbH, the controlling shareholder of hte Issuer. Under this agreement, the Issuer agreed to purchase from Pangea all of the outstanding common stock of Impact Active Team Ltd. Inc., an Israeli corporation. In return for acquiring these shares, the Issuer paid to Pangea 2,500,000 restricted shares of the Issuer's common stock, which were in fact issued on July 3, 2006. On July 3, 2006, the Issuer entered into a Technology Purchase Agreement with Pangea. Under this agreement, the Issuer paid to Pangea 4,500,000 restricted shares of the Issuer's common stock, which were in fact issued on July 3, 2006.
- [F3]50,000 direct and 9,000,000 indirect.