BHUS has filed five S-8’s since August of last year. The
first four filings appear to cover the 5,915,000 shares
that were issued as compensation in 2000. It may be that
the shares registered in February of this year were issued
subsequent to December 31 and are not included in the
15,129,423 that are listed as outstanding.
August 24, 2001
sec.gov
400,000 shares registererd for Steve Pelosina
August 28, 2001
sec.gov
2,015,000 shares registered for the following parties:
Sean P. Flanagan 500,000 shares for legal services
Daniel G. Chapman 500,000 shares for legal services
Sandy Maini 75,000 shares for legal services
Deborah K. Talbert 75,000 shares for legal services
Haunani Magalianes 75,000 shares for legal services
David E. Schild 390,000 shares for legal services
Louie Sopov 400,000 shares for legal services
September 20, 2001
sec.gov
500,000 shares registered for Herbert Jacobi
October 31, 2001
sec.gov
3,000,000 shares registered for undisclosed parties.
February 4, 2002
sec.gov
4,720,000 shares for undisclosed parties. These shares, if
actually issued, may have been issued subsequent to
December 31. Form the S-8:
“The Company is offering shares of its common stock to
various individuals for consulting and legal services
performed on the Company's behalf. This issuance of shares
is being made pursuant to a Consulting and Legal Services
Plan adopted by the Board of Directors on December 19,
2001. The Board has equated this number of shares to the
value of the legal or consulting services provided or to be
provided by these individuals. The shares issued hereunder
to eligible participants who are not affiliates of the
Company as defined in Rule 405 of the Securities Act will
not be subject to any resale restrictions. The Plan is not
qualified under ERISA.” |
