THORPE BARBARA 4
4 · Disability Access Corp · Filed Aug 11, 2010
Insider Transaction Report
Form 4
THORPE BARBARA
DirectorPresident
Transactions
- Award
Series B Preferred Stock $.00001
2010-02-01+1,000,000→ 1,000,000 total→ Common Stock
Footnotes (3)
- [F1]The Series B Preferred Stock does not have an expiration date and shall remain in existance until such time as it is converted into shares of common stock.
- [F2]Immediately.
- [F3]Every One (1) share of Series B Preferred Stock has conversion rights into $1 worth of Common Stock, based on the average of the lowest 3 closing prices for the 20 day period prior to conversion.