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5//SEC Filing

LEE GORDON 5

Accession 0001269935-03-000003

CIK 0001091964other

Filed

Nov 19, 7:00 PM ET

Accepted

Nov 20, 5:56 PM ET

Size

6.4 KB

Accession

0001269935-03-000003

Insider Transaction Report

Form 5
Period: 2003-06-30
LEE GORDON F
DirectorCEO, CFO10% Owner
Transactions
  • Other

    common stock, $.0001 par value

    2002-10-18$0.03/sh+50,000,000$1,500,000124,500,000 total(indirect: By Kryptosima)
Footnotes (2)
  • [F1]On or about October 18, 2002, 50,000,000 shares of common stock were issued to Kryptosima Acquisition Corp. in connection with the proposed merger between Bentley Communications Corp. and Kryptosima. Subsequent to December 31, 2002 the acquisition agreement between Bentley and Kryptosima was rescinded by mutual agreement of both parties. The recission of the agreement calls for cancellation of 50,000,000 shares of Bentley common stock issued for the acquisition of Kryptosima. As of June 30, 2003, these shares were still issued and outstanding and the company has recorded a total expense of $1,500,000 in order to recognize a loss in this transaction.
  • [F2]Gordon F. Lee is the sole officer and director of Kryptosima Acquisition Corp. Consequently, Mr. Lee may be considered to be an indirect beneficial owner of the shares held by Kryptosima.

Issuer

BENTLEY COMMUNICATIONS CORP/DE

CIK 0001091964

Entity typeother

Related Parties

1
  • filerCIK 0001167566

Filing Metadata

Form type
5
Filed
Nov 19, 7:00 PM ET
Accepted
Nov 20, 5:56 PM ET
Size
6.4 KB