Home/Filings/4/A/0001144204-07-034584
4/A//SEC Filing

CAPITAL GROWTH SYSTEMS INC /FL/ 4/A

Accession 0001144204-07-034584

CIK 0001116694operating

Filed

Jul 1, 8:00 PM ET

Accepted

Jul 2, 9:32 AM ET

Size

31.0 KB

Accession

0001144204-07-034584

Insider Transaction Report

Form 4/AAmended
Period: 2007-03-12
Transactions
  • Purchase

    COMMON STOCK

    2007-02-12$0.45/sh+150,000$67,500334,482 total
  • Purchase

    WARRANT

    2007-06-15+0501,366 total
    Exercise: $0.45From: 2007-06-15Exp: 2008-12-31COMMON (7,500 underlying)
  • Purchase

    WARRANT

    2006-07-08+0150,000 total
    Exercise: $0.50From: 2006-07-08Exp: 2011-07-28COMMON (150,000 underlying)
  • Purchase

    WARRANT

    2006-12-11+075,000 total
    Exercise: $0.45From: 2006-12-11Exp: 2009-12-31COMMON (25,000 underlying)
  • Purchase

    WARRANT

    2007-03-22+0410,863 total
    Exercise: $0.45From: 2007-03-22Exp: 2008-12-31COMMON (410,863 underlying)
  • Purchase

    WARRANT

    2007-02-12+0485,863 total
    Exercise: $0.45From: 2007-02-12Exp: 2008-12-31COMMON (75,000 underlying)
  • Purchase

    WARRANT

    2006-11-30+050,000 total
    Exercise: $0.45From: 2006-11-30Exp: 2009-12-31COMMON (50,000 underlying)
  • Purchase

    WARRANT

    2007-04-10+0493,866 total
    Exercise: $0.45From: 2007-04-10Exp: 2008-12-31COMMON (8,003 underlying)
Footnotes (5)
  • [F1]These Warrants were originally issued as rights to purchase Series AA Preferred Stock: (i) one to purchase one-half Series AA Preferred Share at $1,000 per share; (ii) one to purchase one-half Series AA Preferred Share at $1,444 per Share. On June 25, 2007, the Series AA Preferred Stock was converted into Common Stock at a conversion rate of 2,222.2 with the increase in the authorized number of Common Stock to 350,000,000.
  • [F2]Issued for no additional consideration as part of Consulting Agreement with Company.
  • [F3]These Warrants were originally issued as rights to purchase Series AA Preferred Stock: (i) one to purchase one-half Series AA Preferred Share at $1,000 per share; (ii) one to purchase one-half Series AA Preferred Share at $1,444 per Share. On June 25, 2007, each Series AA Preferred Stock was converted into Common Stock at a conversion rate of 2,222.2 with the increase in the authorized number of Common Stock to 350,000,000.
  • [F4]These Warrants were originally purchased as part of a Unit package with each Unit costing $1,000 for 1 Share of Series AA Preferred Stock and 3 Warrants: (i) one to purchase one-half Series AA Preferred Share at $1,000 per share; (ii) one to purchase one-half Series AA Preferred Share at $1,444 per Share; and (iii) one to purchase 0.09 Series AA Preferred Share at $1,000 per Share. On June 25, 2007, each Series AA Preferred Stock was converted into Common Stock at a conversion rate of 2,222.2 with the increase in the authorized number of Common Stock to 350,000,000.
  • [F5]All Warrants outstanding to purchase Common Stock totaled 2,231,932 as of the date of this filing. There is an additional 15,000 warrants outstanding held by Momentum Capital, LLC. of which Mr. Stukel is a 50% member.

Documents

1 file

Issuer

CAPITAL GROWTH SYSTEMS INC /FL/

CIK 0001116694

Entity typeoperating
IncorporatedFL

Related Parties

1
  • filerCIK 0001116694

Filing Metadata

Form type
4/A
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 9:32 AM ET
Size
31.0 KB