LI HONG WEN 4
4 · SONGZAI INTERNATIONAL HOLDING GROUP INC · Filed May 17, 2010
Insider Transaction Report
Form 4
LI HONG WEN
DirectorPresident and CEO
Transactions
- Purchase
Series A Convertible Preferred Stock
2004-04-05+400,000→ 400,000 total→ Common Stock (4,000,000 underlying)
Footnotes (5)
- [F1]Each share of Series A Convertible Preferred Stock (the "Preferred Stock") is convertible to ten (10) shares of Common Stock of the Issuer.
- [F2]Adjusted to reflect the issuer's 10-to-1 reverse stock split in January 2008.
- [F3]The Preferred Stock is convertible upon issuance to the reporting person.
- [F4]The Preferred Stock has no expiration date.
- [F5]The reporting person acquired the Preferred Stock in exchange for certain coal assets, rights and other assets having an estimated market value of $4,009,662.