Kranz Menachem 4
4 · SkyShop Logistics, Inc. · Filed Nov 19, 2010
Insider Transaction Report
Form 4
SkyShop Logistics, Inc.SKPN.OB
Kranz Menachem
Director
Transactions
- Purchase
Convertible Note
2010-11-17$25000.00/sh+500,000$12,500,000,000→ 500,000 total(indirect: See Footnote)Exercise: $0.05From: 2010-11-17Exp: 2013-11-17→ Common Stock (500,000 underlying) - Purchase
Warrant
2010-11-17+100,000→ 600,000 total(indirect: See Footnote)Exercise: $0.15From: 2010-11-17Exp: 2013-11-17→ Common Stock (100,000 underlying)
Footnotes (2)
- [F1]Purchase of the $25,000 convertible note included a warrant for the purchase of 100,000 common shares.
- [F2]The warrant and convertible note were acquired by the reporting person's IRA, Equity Trust Company Custodian FBO Menachem Kranz IRA.