AMERICAN WATER STAR INC 4
4 · AMERICAN WATER STAR INC · Filed Oct 4, 2005
Insider Transaction Report
Form 4
MOHLMAN ROGER
DirectorChairman,CEO,Pres.,Treas.10% Owner
Transactions
- Other
Common Stock
2005-09-30$515000.00/sh−3,678,572$1,894,464,580,000→ 31,904,344 total - Other
Common Stock
2005-10-03$420000.00/sh−3,000,000$1,260,000,000,000→ 28,904,344 total
Footnotes (2)
- [F1]On September 30, 2005 and October 3, 2005, the holders of secured promissory notes made by Roger Mohlman foreclosed on the collateral securing the notes. Mr. Mohlman pledged a total of 6,678,572 shares owned by him as collateral for the loans, which loans provided for full recourse in the event of default. After written notice from each of the holders that a bona fide default had occurred, and Mr. Mohlman's failure to cure the default within the time allotted, each holder proceeded with foreclosure on the collateral.
- [F2]Represents the aggregate price of the debt.