MOHLMAN ROGER 4
4 · AMERICAN WATER STAR INC · Filed Jan 4, 2006
Insider Transaction Report
Form 4
MOHLMAN ROGER
DirectorChairman,CEO,Pres.,Treas.10% Owner
Transactions
- Other
Common Stock
2005-12-30$0.03/sh+33,333,333$1,000,000→ 62,237,677 total
Footnotes (2)
- [F1]On December 30, 2005, Mr. Mohlman converted debt into equity and acquired 33,333,333 shares of AMW common stock in a private transaction. The conversion price was $.03 per share, the closing market price of AMW's common stock on the date of conversion, for an aggregate amount of $1,000,000, which amount constituted all of the principal under four non-interest bearing promissory notes of AMW's wholly-owned subsidiary, New Age Packaging, Inc., in favor of Mr. Mohlman.
- [F2]The closing market price of AMW's common stock on the date of conversion.