4//SEC Filing
THOMSON HOWARD 4
Accession 0001222140-03-000001
CIK 0001080399other
Filed
Nov 16, 7:00 PM ET
Accepted
Nov 17, 3:37 PM ET
Size
7.9 KB
Accession
0001222140-03-000001
Insider Transaction Report
Form 4
WORLDBID CORPWBID
THOMSON HOWARD
DirectorC.F.O.
Transactions
- Purchase
Shares of Common Stock
2002-12-19$3977.53/sh+397,753$1,582,074,490→ 12,537,753 total - Purchase
15% Guaranteed Convertible Notes
2003-10-31$0.30/sh−30$9→ 30 totalExercise: $0.30From: 2002-09-19Exp: 2004-09-30→ Shares of Common Stock (1,500,000 underlying)
Footnotes (2)
- [F1]Interest paid by the Company on the 15% Guaranteed Convertible Notes (see note 2).
- [F2]The Notes are convertible into common shares of the Corporation, at the option of the holder, on the basis of the lesser of 50% of the average market price of the Corporation's shares for the 10 day period preceding conversion or $0.05 per share. The Corporation may at its option elect to issue common shares in satisfaction of its interest obligations on the basis of 75% of the average market price of the Corporation's shares for the 10 day period immediately preceding the interest payment date. The deemed conversion price was $0.02 per share based on the average market price of the Corporation's shares for the 10 day period preceding the purchase date.
Documents
Issuer
WORLDBID CORP
CIK 0001080399
Entity typeother
Related Parties
1- filerCIK 0001222140
Filing Metadata
- Form type
- 4
- Filed
- Nov 16, 7:00 PM ET
- Accepted
- Nov 17, 3:37 PM ET
- Size
- 7.9 KB