REG.D PRIVATE PLACEMENT FEBRUARY 23, 2007 Subscription:$3.00 per Unit: 1 Unit = 1 common share and warrant exercisable at $4.50 for24 months, callable if stock trades at $6.50 for 20 consecutive tradingdays
Contract Categories:
Business Finance
- Warrant Agreements
EX-4.8 9 v148068_ex4-8.htm
REG. D PRIVATE PLACEMENT – FEBRUARY 23, 2007
Subscription: $3.00 per Unit: 1 Unit = 1 common share and ½ warrant exercisable at $4.50 for 24 months, callable if stock trades at $6.50 for 20 consecutive trading days
| $ | SHARES | WARRANTS | ||||||||||
| SUBSCRIBER | INVESTED | ISSUED | ISSUED | |||||||||
| James Harpel | $ | 2,700,000 | 900,000 | 450,000 | ||||||||
| Anthony David Bune | $ | 1,302,000 | 434,000 | 217,000 | ||||||||
| Glen Tobias | $ | 450,000 | 150,000 | 75,000 | ||||||||
| Donald Wohl, TTE Donald Wohl Revocable Trust dtd. 6/8/05 | $ | 300,000 | 100,000 | 50,000 | ||||||||
| Barbara Jaffe TTE Barbara Jaffe Revocable Trust dtd. 10/13/97 | $ | 300,000 | 100,000 | 50,000 | ||||||||
| Todd Wohl | $ | 75,000 | 25,000 | 12,500 | ||||||||
| Diwan & Tracey Nesicolaci | $ | 50,000 | 16,667 | 8,333 | ||||||||
| Cutler Family Trust UTD 5/4/89 | $ | 150,000 | 50,000 | 25,000 | ||||||||
| Fred Kayne Family Trust dtd. 3/29/04 | $ | 900,000 | 300,000 | 150,000 | ||||||||
| Bruce Burnam Trust of 1992 | $ | 300,000 | 100,000 | 50,000 | ||||||||
| Mark Beychok | $ | 285,000 | 95,000 | 47,500 | ||||||||
| Bush Family Trust | $ | 150,000 | 50,000 | 25,000 | ||||||||
| Gunther Family Trust | $ | 600,000 | 200,000 | 100,000 | ||||||||
| Michael S. Rosenblum | $ | 99,000 | 33,000 | 16,500 | ||||||||
| Jim Miles | $ | 100,000 | 33,333 | 16,667 | ||||||||
| Andrew Williams | $ | 100,002 | 33,334 | 16,667 | ||||||||
| WES-TEX Drilling Company, L.P. | $ | 300,000 | 100,000 | 50,000 | ||||||||
| Kenneth G. Dallamora | $ | 300,000 | 100,000 | 50,000 | ||||||||
| Martin B. Oring | $ | 375,000 | 125,000 | 62,500 | ||||||||
| Bruce Lazier | $ | 210,000 | 70,000 | 35,000 | ||||||||
| $ | SHARES | WARRANTS | ||||||||||
| SUBSCRIBER | INVESTED | ISSUED | ISSUED | |||||||||
| Kenneth L. Brush & Sue A. Brush | $ | 105,000 | 35,000 | 17,500 | ||||||||
| Anthony C. Lisa II Revocable Trust | $ | 105,000 | 35,000 | 17,500 | ||||||||
| Paul R. Hobson | $ | 60,000 | 20,000 | 10,000 | ||||||||
| Crown Growth Partners II, L.P. | $ | 735,000 | 245,000 | 122,500 | ||||||||
| Kenneth Sutherland | $ | 100,000 | 33,333 | 16,667 | ||||||||
| E. Wayne Nordberg | $ | 180,000 | 60,000 | 30,000 | ||||||||
| John C. Thompson | $ | 300,000 | 100,000 | 50,000 | ||||||||
| Leigh S. Curry | $ | 30,000 | 10,000 | 5,000 | ||||||||
| Robert Allen White | $ | 102,000 | 34,000 | 17,000 | ||||||||
| SLP Investments Ltd. | $ | 100,000 | 33,333 | 16,667 | ||||||||
| MidSouth Investor Fund LP | $ | 300,000 | 100,000 | 50,000 | ||||||||
| Jeremy A. Wise | $ | 15,000 | 5,000 | 2,500 | ||||||||
| Rosalind M. Reis, Trust of 18 June 1993 | $ | 75,000 | 25,000 | 12,500 | ||||||||
| Michele I. Reis, Trust of 21 May 1993 | $ | 75,000 | 25,000 | 12,500 | ||||||||
| Ralph I. Reis Revocable Trust | $ | 75,000 | 25,000 | 12,500 | ||||||||
| Charles H. Brunie | $ | 300,000 | 100,000 | 50,000 | ||||||||
| Hebrides LP | $ | 480,000 | 160,000 | 80,000 | ||||||||
| James Pledger | $ | 15,000 | 5,000 | 2,500 | ||||||||
| Cary Schwartz | $ | 75,000 | 25,000 | 12,500 | ||||||||
| Sander Jacobs | $ | 175,000 | 58,333 | 29,167 | ||||||||
| Fred Fialkow | $ | 30,000 | 10,000 | 5,000 | ||||||||
| Bruce Shpiner | $ | 60,000 | 20,000 | 10,000 | ||||||||
| E. Franklin Hirsch | $ | 25,000 | 8,333 | 4,167 | ||||||||
| $ | SHARES | WARRANTS | ||||||||||
| SUBSCRIBER | INVESTED | ISSUED | ISSUED | |||||||||
| Robert and Ellen Snyder | $ | 24,000 | 8,000 | 4,000 | ||||||||
| Jayme Nozzi | $ | 15,000 | 5,000 | 2,500 | ||||||||
| John H. Staab & Nancy A. Staab | $ | 15,000 | 5,000 | 2,500 | ||||||||
| Robert Hover | $ | 15,000 | 5,000 | 2,500 | ||||||||
| Leonard Adler | $ | 30,000 | 10,000 | 5,000 | ||||||||
| Brian W. Lawrence UDT 7/1/99 | $ | 900,000 | 300,000 | 150,000 | ||||||||
| TOTAL | $ | 13,562,002 | 4,520,666 | 2,260,335 | ||||||||
