Steel John 4
4 · One E-Commerce Corp · Filed Jan 24, 2012
Insider Transaction Report
Form 4
Steel John
DirectorCEO and CFO
Transactions
- Other
Series B Preferred Stock
2011-12-30+6,966.668→ 6,966.668 total→ Common stock (6,966,668 underlying) - Purchase
Series B Preferred Stock
2012-01-10$0.00/sh+400$0→ 7,366,668 total→ Common stock (400,000 underlying)
Footnotes (2)
- [F1]Each share of Series B Preferred Stock is automatically convertible for no additional consideration into 1,000 shares of common stock of the registrant upon effectiveness of a 1-for-45 reverse stock split of the registrant's common stock.
- [F2]Securities of the registrant were issued to the reporting person in a merger transaction in exchange for shares of common stock of Islet Sciences, Inc., a Delaware corporation.