GOLDSTIN FRANK 4
4 · XA, INC. · Filed Jun 16, 2005
Insider Transaction Report
Form 4
XA, INC.XAIN
GOLDSTIN FRANK
Director10% OwnerOther
Transactions
- Sale
Common Stock
2005-06-16$0.52/sh−2,000$1,040→ 1,604,032 total
Footnotes (1)
- [F1]Does not include Mr. Goldstin's ownership of one (1) of the Registrant's three (3) outstanding shares of Series A Preferred Stock. The three (3) shares of Series A Preferred Stock have the right, voting in aggregate, to vote on all shareholder matters equal to fifty-one percent (51%) of the total vote. (For example, if there are 10,000,000 shares of the Registrant's common stock issued and outstanding at the time of a shareholder vote, the holders of Series A Preferred Stock, voting separately as a class, will have the right to vote an aggregate of 10,400,000 shares, out of a total number of 20,400,000 shares voting).