Loans4Less.com, Inc. Chairman & President, Steven M. Hershman (as beneficial owner) redeemed 27,500 Shares of Series B 6.75% Convertible Preferred Stock at $0.70 per share. The proceeds of $19,250 were used to repay a Shareholder Loan Receivable in the same amount.
As of June 30, 2008 there are 172,500 shares of Series B Preferred Stock outstanding as held by the Steven M. Hershman Revocable Trust.
LFLS Redemption of Series B Preferred Stock
Earlier from Loans4Less.com
- CORRECTION: Board of Directors Ratification of Common Stock share issuances
- Board of Directors Ratification of Common Stock share issuances
- Loans4Less.com agrees in principle to acquire Loans4Less LTD (UK)
- The Depository Trust & Clearing Corp makes LFLS common stock eligible
- Office Lease Terminated and Principal Registered Trademark Renewal
Later from Loans4Less.com
- LFLS Control Person Open Market Purchase Transaction
- Notification of Pending 90 Day Public Relations and Investor Awareness Campaigns.
- LFLS Partners Advertising Public Stock Participation Program
- Loans4Less.com - Financial % Comparisons Q1 2009 versus Q1 2008
- Expediate Holdings retained for PR and IR campaigns.
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