LU DAVID Y 4
4 · FusionTech, Inc. · Filed Nov 24, 2010
Insider Transaction Report
Form 4
FusionTech, Inc.ZPNP
LU DAVID Y
DirectorPresident and CEO10% Owner
Transactions
- Other
Common Stock, par value $.001 per share
2010-11-22$0.00/sh−80,000,000$80,000→ 0 total
Footnotes (1)
- [F1]Pursuant to the terms of a Return to Treasury Agreement, dated November 22, 2010, by and between the Issuer and the Reporting Person, the Issuer's former Chief Executive Officer and Director, the Reporting Person returned 80,000,000 shares of common stock of the Issuer to the Issuer for cancellation. The Reporting Person received compensation of $80,000 from the Issuer for the cancellation of his shares of the common stock of the Issuer. The amount of shares returned for cancellation by the Reporting Person reflects the Issuer's 8-for-1 forward stock split effective November 12, 2010.