XA, INC. 4
4 · XA, INC. · Filed Jun 6, 2005
Insider Transaction Report
Form 4
XA, INC.XAIN
GOLDSTIN FRANK
Director10% OwnerOther
Transactions
- Sale
COMMON STOCK
2005-06-02$0.58/sh−4,000$2,320→ 1,609,032 total
Footnotes (1)
- [F1]Does not include Mr. Goldstin's ownership of one (1) of the Registrant's three (3) outstanding shares of Series A Preferred Stock. The three (3) shares of Series A Preferred Stock have the right, voting in aggregate, to vote on all shareholder matters equal to fifty-one percent (51%) of the total vote. (For example, if there are 10,000,000 shares of the Registrant's common stock issued and outstanding at the time of a shareholder vote, the holders of Series A Preferred Stock, voting separately as a class, will have the right to vote an aggregate of 10,400,000 shares, out of a total number of 20,400,000 shares voting).