Silverman Joshua 4
4 · 24HOLDINGS INC · Filed May 14, 2013
Insider Transaction Report
Form 4
24HOLDINGS INCTWFH
Iroquois Capital Management, LLC
10% Owner
Transactions
- Purchase
Common Stock
2013-05-09$0.19/sh+344,210$66,983→ 693,558 total(indirect: See footnote)
Footnotes (1)
- [F1]The shares are held by Iroquois Master Fund Ltd (the "Fund"). Iroquois Capital Management LLC ("Iroquois") is the investment advisor of the Fund and, as such, may be deemed the beneficial owner of the shares held by the Fund. Messrs. Richard Abbe and Joshua Silverman are the members of Iroquois who have the authority and responsibility for the investments made on behalf of the Fund. As such, each of Mr. Abbe and Mr. Silverman may be deemed to be the beneficial owner of the shares held by the Fund. Messrs. Abbe and Silverman have shared voting and dispositive power with respect to the shares owned by Iroquois by virtue of their shared authority to vote and dispose of such shares. Each of Messrs. Abbe and Silverman disclaims beneficial ownership of the shares held by the Fund, except to the extent of their pecuniary interest therein.