Home/Filings/4/0001028212-04-000052
4//SEC Filing

MID STATE RACEWAY INC 4

Accession 0001028212-04-000052

CIK 0000065914operating

Filed

Aug 12, 8:00 PM ET

Accepted

Aug 13, 5:04 PM ET

Size

6.6 KB

Accession

0001028212-04-000052

Insider Transaction Report

Form 4
Period: 2002-08-28
Transactions
  • Other

    Common Stock Warrant (right to buy)

    2002-08-28+1,100,0001,100,000 total
    Exercise: $2.00From: 2002-08-28Exp: 2007-08-31common stock (1,100,000 underlying)
Footnotes (1)
  • [F1]The Reporting Person acquired a warrant for 900,000 shares from the Issuer in connection with a $15 million loan to the Issuer, and the warrant for the balance of 200,000 shares was issued to Reporting Person in connection with the application of a portion of the loan proceeds towards the repayment of an outstanding loan from Vernon, LLC (an affiliate of All Capital) and the termination of a 10% Convertible Promissory Note held by Vernon, LLC.

Issuer

MID STATE RACEWAY INC

CIK 0000065914

Entity typeoperating
IncorporatedNY

Related Parties

1
  • filerCIK 0000065914

Filing Metadata

Form type
4
Filed
Aug 12, 8:00 PM ET
Accepted
Aug 13, 5:04 PM ET
Size
6.6 KB