OMNIRELIANT HOLDINGS, INC. 4
4 · OMNIRELIANT HOLDINGS, INC. · Filed Jun 27, 2007
Insider Transaction Report
Form 4
DIAMOND RICHARD J
Director
Transactions
- Other
Common Stock
2007-05-14−3,000,000→ 0 total(indirect: By Apogee Financial Investments, Inc.) - Other
Common Stock Purchase Warrants
2007-05-25+14,400→ 914,400 total(indirect: See Footnote 3)Exercise: $1.25From: 2007-05-25Exp: 2017-05-25→ Common Stock (14,400 underlying) - Other
Common Stock
2007-05-14+1,300,000→ 1,300,000 total(indirect: By Spouse)
Footnotes (4)
- [F1]On May 14, 2007, Apogee Financial Investments, Inc. distributed 3,000,000 shares of the Issuer it held to the three owners of Apogee Financial Investments, Inc. Mr. Diamond's wife, Deecembra Diamond, owns 40% of Apogee Financial Investments, Inc. Mr. Diamond specifically disclaims beneficial ownership of these shares except to the extent of his pecuniary interests therein.
- [F2]Mr. Diamond's wife, Deecembra Diamond, owns 40% of Apogee Financial Investments, Inc. Mr. Diamond specifically disclaims beneficial ownership of these shares except to the extent of his pecuniary interests therein.
- [F3]Represents common stock purchase warrants issued pursuant to a Placement Agent Agreement, dated May 8, 2007, between the Company and Midtown Partners & Co., LLC, an NASD registered broker-dealer which is wholly-owned by Apogee Financial Investments, Inc.
- [F4]Represents common stock purchase warrants owned by Midtown Partners & Co., LLC, an NASD registered broker-dealer, which is wholly-owned by Apogee Financial Investments, Inc.