JBI, INC. 4
4 · JBI, INC. · Filed Sep 3, 2013
Insider Transaction Report
Form 4
JBI, INC.JBII
Heddle Richard W
10% Owner
Transactions
- Purchase
Warrant to purchase common stock
2013-08-29+1,000,000→ 1,000,000 totalExercise: $0.54From: 2013-08-29Exp: 2018-08-31→ Common Stock (1,000,000 underlying)
Footnotes (1)
- [F1]On August 29, 2013, the Reporting Person purchased from the Issuer a 12% secured promissory note in the principal amount of $1,000,000 and a five-year warrant to purchase common stock of the Issuer at an exercise price of $0.54 per share, for gross proceeds to the Issuer of $1,000,000. For further information, see the Issuer's Current Report on Form 8-K filed with the Securities and Exchange Commission on August 30, 2013.