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4//SEC Filing

HEALTH SYSTEMS SOLUTIONS INC 4

Accession 0001181431-08-052853

CIK 0001093913operating

Filed

Sep 11, 8:00 PM ET

Accepted

Sep 12, 4:34 PM ET

Size

12.0 KB

Accession

0001181431-08-052853

Insider Transaction Report

Form 4
Period: 2008-09-11
Transactions
  • Purchase

    Warrants to Purchase Common Stock

    2008-09-11$0.00/sh+208,334$208208,334 total
    Exercise: $0.00From: 2008-09-11Exp: 2013-09-11Common Stock (208,334 underlying)
Holdings
  • Common Stock

    5,396,589
  • Series D Convertible Preferred Stock

    1,425,000
  • Series C Convertible Preferred Stock

    4,625,000
  • Debenture Warrants to purchase common stock

    Exercise: $1.00From: 2007-08-17Exp: 2012-08-17Common Stock (625,000 underlying)
    625,000
Footnotes (4)
  • [F1]Each share of Series C Convertible Preferred Stock is convertible into one-half share of the Company's common stock and is entitled to one-half vote per share.
  • [F2]Each share of Series D Convertible Preferred Stock is convertible into one-half share of the Company's common stock and is entitled to one-half vote per share.
  • [F3]Pursuant to a Preferred Stock Purchase Agreement, dated September 11, 2008, between the Company and Stanford International Bank Ltd. "(SIBL") SIBL was granted five-year Warrants to purchase 208,334 shares of the Issuer's common stock. The exercise price for the Warrants is $.001 per share of common stock.
  • [F4]Pursuant to a Preferred Stock Purchase Agreement, dated September 11, 2008, between the Company and SIBL, SIBL was granted five-year Warrants to purchase 208,334 shares of the Issuer's common stock. The exercise price for the Warrants is $4.00 per share of common stock.

Issuer

HEALTH SYSTEMS SOLUTIONS INC

CIK 0001093913

Entity typeoperating
IncorporatedNV

Related Parties

1
  • filerCIK 0001093913

Filing Metadata

Form type
4
Filed
Sep 11, 8:00 PM ET
Accepted
Sep 12, 4:34 PM ET
Size
12.0 KB