China Precision Steel, Inc. 4
4 · China Precision Steel, Inc. · Filed Apr 11, 2008
Insider Transaction Report
Form 4
Li Wo Hing
DirectorChairman and President10% Owner
Transactions
- Sale
COMMON STOCK
2008-04-09$3.60/sh−750,000$2,700,750→ 19,874,050 total
Footnotes (1)
- [F1]Shares reported on this Form 4 were sold by Wo Hing Li (the "Seller") pursuant to a private Stock Purchase Agreement, made and entered into as of March 14, 2008 and closed on April 9, 2008, by and between the Seller and an accredited investor (the "Purchaser"), whereby the Seller sold and Purchaser purchased 750,000 shares of common stock owned by the Seller at a price of $3.601 per share. This transaction was made in connection with the sale reported on Form 4 filed by the Seller on March 24, 2008, whereby Seller sold and Purchaser purchased 750,000 shares of common stock owned by the Seller at a price of $3.601 per share on March 20, 2008.