"In July of 1999, we issued warrants to purchase 68,000 shares of our common stock in exchange for consulting services. Of these, 18,000 were issued to Francois Goelo and are exercisable on any date until July 26, 2000 at a price of $4.00 per share."
Ragingbull TRIM ragingbull.com
also on SI Subject 27727
especially this post Message 12643550 if you read the SEC filings below you will see he was paid for consulting servies
"In July of 1999, we issued warrants to purchase 68,000 shares of our common stock in exchange for consulting services. Of these, 18,000 were issued to Francois Goelo and are exercisable on any date until July 26, 2000 at a price of $4.00 per share."
TRIM - TRIMFAST GROUP INC
tenkwizard.com
TRIMFAST GROUP INC filed this 10SB12G/A on 03/13/2000.
registration provided in Section 4(2) of the Act. We believed section 4(2) was available because there was no general solicitation or advertising used in connection with the offering and the transaction did not involve a public offering. In July of 1999, we issued warrants to purchase 68,000 shares of our common stock in exchange for consulting services. Of these, 18,000 were issued to Francois Goelo and are exercisable on any date until July 26, 2000 at a price of $4.00 per share. The remaining 50,000 were issued to Sal Russo and are exercisable on any date until July 29, 2000 at a price of $4.00 per share. These warrants were issued without registration in reliance on the exemption from registration provided in Section 4(2) of the Act. We believed section 4(2) was available because there wa |
