Filing Details

Accession Number:
0001144204-11-012159
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-03-02 07:39:38
Reporting Period:
2007-12-20
Filing Date:
2011-03-02
Accepted Time:
2011-03-02 07:39:38
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1122063 Beacon Enterprise Solutions Group Inc BEAC.OTC Telephone Communications (No Radiotelephone) (4813) 810438093
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1421467 D John Rhodes 1961 Bishop Lane
Louisville KY US 40218
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2007-02-20 300,000 $1.00 300,000 No 4 A Direct
Common Stock Acquisiton 2010-02-26 10,000 $1.32 310,000 No 4 P Direct
Common Stock Acquisiton 2010-06-18 25,000 $1.03 335,000 No 4 P Direct
Common Stock Acquisiton 2010-08-23 75,000 $0.50 410,000 No 4 P Direct
Series B Convertibel Preferred Stock, $1,000 Stated Value Acquisiton 2008-07-14 400 $1,000.00 400 No 4 A Direct
Series B Convertibel Preferred Stock, $1,000 Stated Value Acquisiton 2009-02-16 300 $1,000.00 700 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 P Direct
No 4 P Direct
No 4 P Direct
No 4 A Direct
No 4 A Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Equity financing arrangement Warrants - #2 Acquisiton 2008-12-31 16,667 $1.00 16,667 $1.00
Common Stock Equity Financing Warrants Acquisiton 2008-08-20 100,000 $1.00 100,000 $1.00
Common Stock Bridge Warrants Acquisiton 2008-11-20 28,000 $1.00 28,000 $1.00
Common Stock Equity financing Warrants - #3 Acquisiton 2009-09-09 33,333 $1.00 33,333 $1.00
Common Stock Compensatory Warrants Acquisiton 2008-03-26 300,000 $1.00 300,000 $1.00
Common Stock Bridge Warrants - #2 Acquisiton 2009-08-07 25,000 $1.00 25,000 $1.00
Common Stock Bridge Warrants - #2 Acquisiton 2009-10-06 37,500 $1.00 37,500 $1.00
Common Stock Bridge Warrants - #2 Acquisiton 2009-11-05 50,000 $1.00 50,000 $1.00
Common Stock Series B Convertible Preferred Stock Acquisiton 2008-07-14 444,444 $1.00 444,444 $1.00
Common Stock Series B Convertible Preferred Stock Acquisiton 2009-02-16 333,333 $1.00 333,333 $1.00
Common Stock Series B Convertible Preferred Stock Warrant Acquisiton 2008-07-14 200,000 $1.00 200,000 $1.00
Common Stock Series B Convertible Preferred Stock Warrant Acquisiton 2009-02-16 150,000 $1.00 150,000 $1.00
Common Stock Convertible Note Warrants Acquisiton 2007-12-20 166,667 $1.00 166,667 $1.00
Common Stock Credit Facility Warrants Acquisiton 2010-12-31 75,000 $1.00 75,000 $1.00
Common Stock Credit Facility Warrants Acquisiton 2011-01-31 15,000 $1.00 15,000 $1.00
Common Stock Credit Facility Warrants Acquisiton 2011-02-28 15,000 $1.00 15,000 $1.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
249,998 2008-12-31 2013-12-31 No 4 A Direct
100,000 2008-08-20 2013-08-20 No 4 A Direct
173,000 2008-11-20 2013-11-20 No 4 A Direct
366,664 2009-09-09 2014-09-09 No 4 A Direct
300,000 2008-03-26 2013-03-26 No 4 A Direct
25,000 2009-08-07 2014-08-07 No 4 A Direct
62,500 2009-10-06 2014-10-06 No 4 A Direct
112,500 2009-11-05 2014-11-05 No 4 A Direct
444,444 2008-07-14 2013-07-14 No 4 A Direct
777,777 2009-02-16 2009-02-16 No 4 A Direct
200,000 2008-07-14 2013-07-14 No 4 A Direct
350,000 2009-02-16 2009-02-16 No 4 A Direct
166,667 2007-12-20 2012-12-20 No 4 A Direct
75,000 2010-12-31 2015-12-31 No 4 A Direct
90,000 2011-01-31 2011-01-31 No 4 A Direct
105,000 2011-02-28 2011-02-28 No 4 A Direct
Footnotes
  1. Par value $0.001 per share
  2. Warrants awarded in increments of 33,333 per monthly for duration of Equity Financing Arrangement. Awards were made monthly from 6-15-2008 to 12-15-2008 for a total of 233,331 warrants issued. The Arrangement was terminated on 12/31/2008 thereby another 16,667 warrants were issued for the 15 days between 12/15 and 12/31 for a total of 250,000.
  3. 125,000 Bridge Warrants issued at inception of Bridge Note with 20,000 warrants issued in increments of 2,000 monthly from 2/15 to 11/15/2008. Remaining warrants of 28,000 issued on 11/20/2008 for a total of 173,000 Bridge Warrants issued.
  4. Equity Financing Warrants - #3 awarded in initital increment of 100,000 on 1/9/2009 at inception of Equity Financing Arrangement and thereafter in increments of 33,333 monthly from 2/9 to 9/9/2009 for total warrants issued of 366,664.
  5. Each Series B Preferred Stock is convertible into Common Stock at a ratio of 1:1,111.
  6. Each Series B Convertible Preferred Stock carries a warrant convertible into 1/2 share of Common Stock.