AUGUSTINE FUND LP 4
4 · ABSOLUTE POTENTIAL, INC. · Filed Jan 12, 2009
Insider Transaction Report
Form 4
AUGUSTINE FUND LP
10% Owner
Transactions
- Other
Right to Convert
2008-12-31$13848.75/sh+34,622$479,471,423→ 1,927,017 totalExercise: $0.40→ Common Stock (34,622 underlying)
Footnotes (3)
- [F1]Common stock issuable pursuant to the Conversion Agreement in connection with conversion rights currently exercisable.
- [F2]Immediately.
- [F3]Debt may be converted into common stock of the Issuer until such time as (i) the Issuer has completed its efforts to observe and maintain regulatory and corporate formalities, or (ii) the Issuer can fund Compliance Costs from revenues or third party sources.