ABVIVA INC 4
4 · ABVIVA INC · Filed Sep 12, 2008
Insider Transaction Report
Form 4
ABVIVA INCABVV
eFund Capital Management, LLC
10% Owner
Transactions
- Conversion
Common Stock
2008-09-04$0.05/sh+5,546,998$277,350→ 17,465,655 total
Holdings
- 11,918,657
Common Stock
- 80
Series C Convertible Preferred Stock
From: 2007-08-02→ Common Stock
Footnotes (3)
- [F1]On November 15, 2007 the Company entered into a Convertible Debenture eFund Capital Management, LLC for $250,000. On September 4, 2008, eFund elected to convert the debenture for the face and amount plus interest. As a result, eFund received 5,546,998 shares of common stock. Barrett Evans and Jeffrey Conrad are principals and members of eFund Capital Management, LLC and are directors of the Company.
- [F2]eFund owns 110 shares of Series C Convertible Preferred Stock. Each share of Series C stock shall be converted into a number of shares of Common Stock that equals one-tenth of a percent (0.01%) of the Company's common stock stock immediately following the conversion date.
- [F3]There is no experiation on the conversion of the Series C stock.