HUR JAHONG 4/A
4/A · POWER AIR CORP · Filed Dec 24, 2009
Insider Transaction Report
Form 4/AAmended
POWER AIR CORPPWAZ
HUR JAHONG
Director10% Owner
Transactions
- Purchase
Common Stock
2008-05-14$0.10/sh+15,000,000$1,500,000→ 15,000,000 total(indirect: By H-Plus Eco Ltd.) - Purchase
Share Purchase Warrants
2008-05-14$0.10/sh+15,000,000$1,500,000→ 15,000,000 total(indirect: By H-Plus Eco Ltd.)Exercise: $0.25From: 2008-05-14Exp: 2010-05-14→ common stock (15,000,000 underlying)
Footnotes (3)
- [F1]H-Plus Eco Ltd., a South Korean corporation of which the Reporting Person is the CEO and a Director, acquired 15,000,000 units (each unit consisting of one share of the Issuer's common stock and one share purchase warrant) pursuant to a private placement at a price of $0.10 per unit.
- [F2]In addition to the 15,000,000 shares indirectly held by the Reporting Person through H-Plus Eco Ltd., the Reporting Person holds 5,914,286 shares directly.
- [F3]In addition to the warrants to purchase 15,000,000 shares as reported herein, the Reporting Person also directly holds options to purchase 100,000 shares.