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
2009-05-12$0.02/sh+5,000,000$100,000→ 20,000,000 total(indirect: By H-Plus Eco Ltd.) - Purchase
Share Purchase Warrants
2009-05-12$0.02/sh+5,000,000$100,000→ 5,000,000 totalExercise: $0.02From: 2009-05-12Exp: 2011-05-12→ common stock (5,000,000 underlying) - Purchase
Common Stock
2009-05-12$0.02/sh+5,000,000$100,000→ 10,914,286 total - Purchase
Share Purchase Warrants
2009-05-12$0.02/sh+5,000,000$100,000→ 20,000,000 total(indirect: By H-Plus Eco Ltd.)Exercise: $0.02From: 2009-05-12Exp: 2011-05-12→ common stock (5,000,000 underlying)
Footnotes (2)
- [F1]Each of the Reporting Person and H-Plus Eco Ltd., a South Korean corporation of which the Reporting Person is the CEO and a Director, acquired 5,000,000 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 $0.02 per unit.
- [F2]In addition to warrants to purchase shares as reported herein, the Reporting Person also directly holds options to purchase 100,000 shares.