MOTORSPORTS EMPORIUM, INC. 4
4 · MOTORSPORTS EMPORIUM, INC. · Filed Sep 2, 2005
Insider Transaction Report
Form 4
BREHM ROBERT C
10% Owner
Transactions
- Sale
Series B Preferred Stock
2005-08-29$0.00/sh−625,000$250→ 1,875,000 total(indirect: Intercontinental Assets Corporation)Exercise: $0.04From: 2005-08-29→ Common Stock (62,500,000 underlying) - Sale
Common Stock
2005-08-26$0.01/sh−500,000$7,150→ 8,020,547 total - Sale
Common Stock
2005-08-29$0.01/sh−250,000$3,550→ 7,770,547 total - Sale
Common Stock
2005-08-30$0.01/sh−250,000$3,625→ 7,520,547 total - Sale
Series B Preferred
2005-08-29$0.00/sh−625,000$250→ 1,250,000 total(indirect: Intercontinental Assets Corporation)Exercise: $0.04From: 2005-08-29→ Common Stock (62,500,000 underlying)
Footnotes (1)
- [F1]Robert C Brehm is the principal shareholder, a director and officer of Intercontinental Assets Corp., On August 29,2005, Intercontinental Assets Corporation sold 625,000 shares of Series B Preferred stock to David Keaveney for $25,000 or $.04/share and 625,000 shares to Tracy Baron for $25,000 or $.04/share