Dugas David 4

4 · ESP Resources, Inc. · Filed Feb 25, 2011

Form 4

Period: 2011-02-25

DirectorPresident

Transactions

Other
Warrants
2010-06-30+271,429→ 271,429 total
Exercise: $0.25From: 2010-06-30Exp: 2011-12-30→ Common Stock (271,429 underlying)
Other
Warrants
2010-06-30+271,429→ 542,858 total
Exercise: $0.75From: 2010-06-30Exp: 2011-12-30→ Common Stock (271,429 underlying)
Other
Warrants
2010-07-06+257,143→ 800,001 total
Exercise: $0.25From: 2010-07-06Exp: 2012-01-06→ Common Stock (257,143 underlying)
Other
Warrants
2010-07-06+257,143→ 1,057,144 total
Exercise: $0.75From: 2010-07-06Exp: 2012-01-06→ Common Stock (257,143 underlying)
Other
Warrants
2010-07-19+657,143→ 1,714,287 total
Exercise: $0.25From: 2010-07-19Exp: 2012-01-19→ Common Stock (657,143 underlying)
Other
Warrants
2010-07-19+657,143→ 2,371,430 total
Exercise: $0.75From: 2010-07-19Exp: 2012-01-19→ Common Stock (657,143 underlying)

Footnotes (1)

[F1]During the years ended December 31, 2009 and 2008, DDA Corporation LLC, for which Mr. Dugas is a beneficial owner, made several advances to the Company which were structured in the form of notes payable. Certain of these notes payable totalling $83,000 were assigned by DDA Corporation, LLC to the interest of various third parties for which DDA Corporation, LLC received warrants totalling 2,371,430. A total of 1,185,715 of these warrants are exercisable at $.25 and a total of 1,185,715 of these warrants are exerisable at $.75. All warrants expire 18 months after their issuance date.

Documents

1 file