RAVENSCRAIG PROPERTIES LTD 4
4 · CLEAN ENERGY COMBUSTION SYSTEMS INC · Filed Oct 2, 2003
Insider Transaction Report
Form 4
RAVENSCRAIG PROPERTIES LTD
10% Owner
Transactions
- Other
Common stock
2003-10-02+1,580,676→ 4,333,817 total - Other
Common stock
2003-10-01$0.10/sh+514,246$53,482→ 2,753,141 total - Other
Common stock
2003-03-06$0.67/sh+683,976$458,264→ 2,238,895 total
Footnotes (5)
- [F1]Conversion of indebtedness into common stock. Shares issued and distributed on March 6, 2003. Conversion authorized by board of directors and transaction consented to by recipient on September 13, 2002. The valuation for issuance is CDN $1 (US $0.67) per share per agreement by parties. This price does not comport to the trading value of the shares on the public market, which was approximately $0.10 per share as of date of approval.
- [F2]See footnote (1).
- [F3]Conversion of indebtedness into common stock. Shares issued and distributed on October 1, 2003. Conversion authorized by board of directors and transaction consented to by recipient on July 1, 2003. The valuation for issuance reflects the trading value of the shares on the public market as of the date of agreement to convert.
- [F4]See footnote (3).
- [F5]Reporting person is owned and controlled by Mr. R. Dirk Stinson. Transfer reflects a change of ownership of shares from Mr. Stinson's individual holdings to corporate holdings.