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
Share Purchase Warrants
2009-09-04$0.02/sh+4,000,000$80,000→ 24,000,000 total(indirect: By H-Plus Eco Ltd.)Exercise: $0.02From: 2009-09-04Exp: 2011-09-04→ common stock (4,000,000 underlying) - Purchase
Common Stock
2009-09-04$0.02/sh+4,000,000$80,000→ 24,000,000 total(indirect: By H-Plus Eco Ltd.)
Footnotes (3)
- [F1]H-Plus Eco Ltd., a South Korean corporation of which the Reporting Person is the CEO and a Director, acquired 4,000,000 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 the 24,000,000 shares held by the Reporting Person through H-Plus Eco Ltd., the Reporting Person also directly holds 10,914,286 shares.
- [F3]In addition to the 24,000,000 share purchase warrants held by the Reporting Person through H-Plus Eco Ltd., the Reporting Person also directly holds 5,000,000 share purchase warrants and 100,000 share purchase options.