COE CARLOS 4
4 · GLOBAL ENERGY GROUP INC · Filed Apr 14, 2004
Insider Transaction Report
Form 4
COE CARLOS
DirectorCEO & President
Transactions
- Purchase
Warrants (Right to buy)
2004-01-30+700,000→ 700,000 total(indirect: By LLC)Exercise: $0.10From: 2004-01-30Exp: 2011-01-30→ Common Stock (700,000 underlying)
Footnotes (2)
- [F1]Reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
- [F2]Turnaround Specialists, L.L.C. entered into a Turnaround Services Agreement with the Issuer, under which the issuer agreed to issue warrants to purchase shares of the issuer's common stock at $0.10 per share. No specific amount was allocated to the purchase of the warrants.