DRINKS AMERICAS HOLDINGS, LTD 4
4 · DRINKS AMERICAS HOLDINGS, LTD · Filed Apr 23, 2007
Insider Transaction Report
Form 4
Close Kenneth Harold
10% Owner
Transactions
- Purchase
Convertible Note
2005-12-08$150000.00/sh+333,333$49,999,950,000→ 333,333 totalExercise: $0.45From: 2005-12-08→ Common Stock (333,333 underlying) - Purchase
Warrants
2005-12-08+83,333→ 416,666 totalExercise: $0.45From: 2005-12-08Exp: 2010-12-08→ Common Stock (83,333 underlying)
Footnotes (3)
- [F1]Note is payable on demand
- [F2]Does not include accrued interest which is also convertible into common stock.
- [F3]For no additional consideration the Issuer issued the Warrants to Mr. Close in connection with the $150,000 loan provided by Mr. Close to the Issuer.