4//SEC Filing
DRINKS AMERICAS HOLDINGS, LTD 4
Accession 0001144204-07-020201
CIK 0000873540operating
Filed
Apr 22, 8:00 PM ET
Accepted
Apr 23, 9:59 PM ET
Size
11.7 KB
Accession
0001144204-07-020201
Insider Transaction Report
Form 4
Close Kenneth Harold
10% Owner
Transactions
- Other
Common Stock
2006-12-19$0.76/sh+535,174$406,732→ 2,868,563 total - Other
Common Stock
2006-12-19$0.76/sh+145,255$110,394→ 3,013,818 total - Conversion
Convertible Notes
2006-12-19$0.45/sh−377,111$169,700→ 83,333 totalExercise: $0.45→ Common Stock (377,111 underlying) - Conversion
Common Stock
2006-12-19$0.45/sh+377,111$169,700→ 2,333,389 total
Holdings
- 6,279,957(indirect: See footnote)
Common Stock
Footnotes (5)
- [F1]Exercise of the conversion option on convertible notes ($150,000 principal) plus accrued interest to date aggregating $19,700.
- [F2]Shares issued in satisfaction of loans aggregating $325,264 principal plus accrued interest to date of $81,500.
- [F3]Shares issued in satisfaction of a loan aggregating $71,696 principal plus accrued interest to date of $38,706. The loan was made by Nexcomm Capital Partners in 2004. The subject shares were issued to Mr. Close upon liquidation of the entity.
- [F4]Ken Close is also the controlling person of Nexcomm International Beverage, LLC which is the owner of 6,279,957 shares of Drinks Americas Holdings, Ltd. common shares: Mr. Close disclaims beneficial ownership of these shares except for 987,316 shares (including 211,137 shares owned by his four children) which equals his beneficial interest.
- [F5]N/A
Documents
Issuer
DRINKS AMERICAS HOLDINGS, LTD
CIK 0000873540
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000873540
Filing Metadata
- Form type
- 4
- Filed
- Apr 22, 8:00 PM ET
- Accepted
- Apr 23, 9:59 PM ET
- Size
- 11.7 KB