4//SEC Filing
Merilus, Inc. 4
Accession 0001302651-07-000001
CIK 0001100734operating
Filed
Nov 5, 7:00 PM ET
Accepted
Nov 6, 4:58 PM ET
Size
7.8 KB
Accession
0001302651-07-000001
Insider Transaction Report
Form 4
Merilus, Inc.mrhd
Turpin Michelle
10% Owner
Transactions
- Other
Promissory Note
2007-11-05$30000.00/sh→ 600,000 totalExercise: $0.05From: 2007-11-05Exp: 2007-12-31→ Common Stock (600,000 underlying)
Holdings
- 936,780
Common Stock
Footnotes (7)
- [F1]Ms. Turpin has provided a credit line to the Company for up to $30,000. The Company owes Mr. Turpin over $28,000 as of the date of this filing. The credit line is in the form of a promissory note which is convertible into shares of the Company's common stock at $0.05 per share.
- [F2]Ms. Turpin has agreed to provide up to $30,000 under this promissory note. Ms. Turpin is owed in excess of $28,000 under the terms of the promissory note as of this filing. The promissory note is convertible at the price of $0.05 per share.
- [F3]The promissory note is due and payable on December 31, 2007.
- [F4]If the entire amount of $30,000 is converted, Ms. Turpin could receive up to 600,000 shares of the Company's common stock.
- [F5]The promissory note is for $30,000 and converts into shares of common stock at $0.05 per share.
- [F6]Ms. Turpin through her ownership in Micvic, LLC owns approximatly 336,780 shares. If the promissory note was converted, her ownership position would increase to 936,780.
- [F7]Ms. Turpin ownership position over 336,780 shares is through her ownership and management of Micvic, LLC.
Documents
Issuer
Merilus, Inc.
CIK 0001100734
Entity typeoperating
IncorporatedNV
Related Parties
1- filerCIK 0001100734
Filing Metadata
- Form type
- 4
- Filed
- Nov 5, 7:00 PM ET
- Accepted
- Nov 6, 4:58 PM ET
- Size
- 7.8 KB