Gestern stand unter PCquote bei Shares Outstanding 130,000,000 (!)
Heute steht an dieser Stelle Shares Outstanding 126,000,000 (!!!)
Folglich sind 4 Millionen Aktien in feste Hände übergegangen! DER INVESTOR! War da nicht auch mal ne Meldung diesbezüglich? http://biz.yahoo.com/e/060328/ckei.ob8-k.html 28-Mar-2006 Unregistered Sale of Equity Securities
Item 3.02. Unregistered Sales of Equity Securities. On March 21, 2006, Clickable Enterprises, Inc. (the Company) entered into Securities Purchase Agreement (the Purchase Agreement) for the sale of $1,000,000 in its Callable Secured Convertible Notes (Notes) in a private placement to AJW Partners, LLC, AJW Offshore, Ltd., AJW Qualified Partners, LLC and New Millennium Capital Partners II, LLC (collectively, the Investors). Closing under the Purchase Agreement occurred on March 22, 2006. In addition to the Notes, at Closing the Company issued warrants exercisable for 4,000,000 shares of Common Stock at $.10 per share.
The Notes are Convertible into shares of the Companys common stock, par value $.001 per share (the Common Stock) in whole or in part from time to time at the option of the Investors at the Conversion Price then in effect. The Conversion Price is equal to 60% of the average of the lowest three trading prices for the Common Stock during the previous twenty trading days ending one trading day prior to the date of a holders notice of conversion. The Conversion Price is subject to certain adjustments, including, but not limited to, adjustments for stock splits, stock dividends, mergers, consolidations and distributions.
The Notes bear interest at the rate of 6% per annum, payable quarterly. If, however, in any month, the trading price of the Common Stock is $.028125 or more for each trading day of the month, no interest will be payable for such month. The principal amount of the Notes and all accrued interest, if nor previously paid or converted, wil be due and payable on March 21, 2009.
In the event that the average daily price of the Common Stock, for each day of a month, is below $.03, the Borrower may, at its option, prepay a portion of the outstanding principal amount of the Notes equal to 101% of the principal amount of Notes, divided by thirty-six (36), plus one months interest. In the event the Company exercises this option, the Investors may not convert additional principal amounts for 30 days following the date of prepayment.
The Company has granted the Investors a security interest in substantially all of its assets to secure its obligations under the Notes. The Company is obligated to file a registration statement registering the resale of the shares issuable upon conversion of the Notes upon demand by the Investors. The registration statement is required to be filed within 30 days following demand by the Investors and to become effective within 90 days after filing.
The Company paid a $25,000 fee to an affiliate of the Investors in connection with this transaction.
The offer and sale of the Notes and warrants, and the Common Stock into which the Notes may be converted and for which the warrants may be exercised (collectively, the Securities) by the Company to the Investors pursuant to the Purchase Agreement was exempt from registration under the Securities Act in reliance upon Section 4(2) thereof and Rule 506 of Regulation D promulgated thereunder. Each of the Investors represented and warranted to the Company that it was an accredited investor as that term is defined in Rule 501(a) of Regulation D. Each of the Investors further represented and warranted that it was purchasing the Securities for its own account and not with a present view towards the public sale or distribution thereof, except pursuant to sales registered or exempted from registration under the Securities Act. Any certificates issued representing the Notes or warrants will be legended to indicate that they are restricted. No sale of the Securities involved the use of underwriters. The Company paid a $30,000 fee to an adviser in connection with the transaction. |