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4//SEC Filing

KUHNS JOHN D 4

Accession 0001481846-10-000002

CIK 0001417451other

Filed

Jan 31, 7:00 PM ET

Accepted

Feb 1, 12:02 PM ET

Size

5.9 KB

Accession

0001481846-10-000002

Insider Transaction Report

Form 4
Period: 2010-01-01
KUHNS JOHN D
DirectorPresident and CEO
Transactions
  • Other

    Common Stock

    2010-01-01+25,657136,552 total(indirect: By LLC)
Footnotes (2)
  • [F1]Such shares of the Issuer's common stock, par value $.001 per share (the "Common Stock") were issued to the Reporting Person pursuant to the Certificate of Designation, Preferences and Rights of Series A Convertible Preferred Stock (the "Series A Preferred Stock"), dated August 29, 2008, as dividends of the Series A Preferred Stock. Such dividend shares are accrued quarterly and payable on October 1, January 1, April 1 and July 1 of each year.
  • [F2]Such shares are issued to New World Power, LLC. The Reporting Person is the owner of 100% membership interest and the sole manager of New World Power, LLC, and therefore shall be deemed as the beneficial owner of such shares.

Issuer

Master Silicon Carbide Industries, Inc.

CIK 0001417451

Entity typeother
IncorporatedCT

Related Parties

1
  • filerCIK 0000937862

Filing Metadata

Form type
4
Filed
Jan 31, 7:00 PM ET
Accepted
Feb 1, 12:02 PM ET
Size
5.9 KB