SOLOMON STEVEN B 4
4 · CDSS Wind Down Inc · Filed Aug 23, 2010
Insider Transaction Report
Form 4
SOLOMON STEVEN B
10% OwnerOther
Transactions
- Other
Convertible Note
2010-08-20−23,000,000→ 0 totalFrom: 2010-08-20→ Common Stock (23,000,000 underlying) - Other
Common Stock
2010-08-20$0.00/sh+32,596,067$29,336→ 55,547,562 total - Other
Convertible Note
2010-08-20−32,596,067→ 23,000,000 totalFrom: 2010-08-20→ Common Stock (55,596,067 underlying) - Other
Convertible Promissory Note
2010-08-20+3,000,000→ 3,000,000 totalExercise: $0.05From: 2010-08-20→ Common Stock (3,000,000 underlying)
Footnotes (3)
- [F1]On August 20, 2010 Mr Solomon exercised his right to convert $29,684 of his convertible note dated August 27, 2008 for 32,596,067 shares of common stock.All share and per share data are post 1 for 3 reverse stock split effective August 18, 2010.
- [F2]On August 20, 2010 Mr. Solomon forgave the remaining balnace of $20,946 of his convertible note dated August 27, 2008. All share and per share data are post 1 for 3 reverse stock split effective August 18, 2010.
- [F3]On August 20, 2020 Mr. Solomon agreed to acquire from the Company a Convertible Promissory Note for $150,000 of which $100,000 was paid upon closing (convertible into 2,000,000 shares of common stock) and $50,000 is payable upon the company meeting certain conditions (convertible into 1,000,000 shares of common stock). All share and per share data are post 1 for 3 reverse stock split effective August 18, 2010.