4/A//SEC Filing
ADELSTEIN STEVEN 4/A
Accession 0001161697-04-000572
CIK 0001097792other
Filed
Aug 4, 8:00 PM ET
Accepted
Aug 5, 4:07 PM ET
Size
7.8 KB
Accession
0001161697-04-000572
Insider Transaction Report
Form 4/AAmended
ADELSTEIN STEVEN
Director
Transactions
- Other
Common Stock
2004-06-30−440,000→ 775,000 total - Other
Common Stock
2004-06-30$0.93/sh+750,000$695,025→ 1,215,000 total
Holdings
- 220,000(indirect: AUW, Inc.)
Common Stock
Footnotes (2)
- [F1]750,000 shares were acquired pursuant to the conversion of a promissory note (the Note), of which the Reporting Person is acting as the Holder of the Note, which includes other beneficiaries. Of the 750,000 shares, the Reporting Person acquired 310,000 shares net. The principal amount of the note, $675,000, and the accrued, unpaid interest through June 30, 2004 amounting to $20,000, aggregating a total debt of $695,000 was converted into 750,000 shares of common stock pursuant to the terms of the Note.
- [F2]440,000 shares were disposed of pursuant to the terms of the Note, whereby the Reporting Person is acting as the Holder of the Note to collect the proceeds of the Note and to make the proper distributions to other beneficiaries.
Documents
Issuer
MEDIANET GROUP TECHNOLOGIES INC
CIK 0001097792
Entity typeother
Related Parties
1- filerCIK 0001184400
Filing Metadata
- Form type
- 4/A
- Filed
- Aug 4, 8:00 PM ET
- Accepted
- Aug 5, 4:07 PM ET
- Size
- 7.8 KB