NEWS COMMUNICATIONS INC 4
4 · NEWS COMMUNICATIONS INC · Filed Feb 17, 2005
Insider Transaction Report
Form 4
D H BLAIR INVESTMENT BANKING CORP
10% Owner
Transactions
- Conversion
Common Stock
2005-02-15$0.70/sh+375,139$262,597→ 2,830,139 total - Conversion
8% Convertible Note
2005-02-15$262597.00/sh−262,597$68,957,184,409→ 0 totalExercise: $0.70→ Common Stock (375,139 underlying)
Holdings
- 5,900
$10.00 Convertible Preferred Stock
Exercise: $2.41→ Common Stock (24,506 underlying) - 150,000
Warrant
Exercise: $1.00Exp: 2006-06-04→ Common Stock (150,000 underlying)
Footnotes (3)
- [F1]Exercisable immediately
- [F2]Was converted.
- [F3]No expiration