LIU YONGXIN 4
4 · China Yongxin Pharmaceuticals Inc. · Filed Jan 5, 2010
Insider Transaction Report
Form 4
LIU YONGXIN
10% Owner
Transactions
- Conversion
Common Stock
2009-12-16$0.35/sh+12,000,000$4,200,000→ 12,600,000 total(indirect: By Misala Holdings Inc. (BVI)) - Conversion
Series A Preferred Stock
2009-12-16−2,000,000→ 1,000,000 total(indirect: By Misala Holdings Inc. (BVI))Exercise: $0.00→ Common Stock (12,000,000 underlying)
Footnotes (2)
- [F1]The shares are owned directly by Misala Holdings Inc. (BVI), of which Mr. Yongxin Liu is the director and sole shareholder. Thus, Mr. Liu is the indirect beneficial owner of the reported securities.
- [F2]Mr. Yongxin Liu has elected to convert 2,000,000 of the preferred shares standing in the name of Misala Holdings Inc. (BVI) into a total of 12,000,000 common shares (at a conversion ratio of six common shares for each preferred share) pursuant to the Certificate of Incorporation of the Company meeting certain required net income amounts for conversion for the fiscal years ending 2007 and 2008.