-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, K+Aidg8bmZEz+lIzB6SIhSqH9dEiI4vKQxpSU5eP2clRf3s+BwyAMq8JFsEbQm4l /NQOlJiI8m0PwDTQUi7FVw== 0000909143-04-000120.txt : 20041028 0000909143-04-000120.hdr.sgml : 20041028 20041028174358 ACCESSION NUMBER: 0000909143-04-000120 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040226 FILED AS OF DATE: 20041028 DATE AS OF CHANGE: 20041028 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SANDERA PARTNERS L P CENTRAL INDEX KEY: 0001057508 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-20995 FILM NUMBER: 041103730 BUSINESS ADDRESS: STREET 1: 1601 ELM STREET 4000 THANKSGIVING TOWER CITY: DALLAS STATE: TX ZIP: 75201 BUSINESS PHONE: 2147201608 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: AXTIVE CORP CENTRAL INDEX KEY: 0001015172 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 133778895 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1445 ROSS AVENUE STREET 2: SUITE 4500 CITY: DALLAS STATE: TX ZIP: 75202 BUSINESS PHONE: 214.397.0200 MAIL ADDRESS: STREET 1: 1445 ROSS AVENUE STREET 2: SUITE 4500 CITY: DALLAS STATE: TX ZIP: 75202 FORMER COMPANY: FORMER CONFORMED NAME: EDGE TECHNOLOGY GROUP INC DATE OF NAME CHANGE: 20000912 FORMER COMPANY: FORMER CONFORMED NAME: VISUAL EDGE SYSTEMS INC DATE OF NAME CHANGE: 19960604 4 1 primary_doc.xml PRIMARY DOCUMENT X0202 4 2004-02-26 0 0001015172 AXTIVE CORP AXTV.OB 0001057508 SANDERA PARTNERS L P 1601 ELM STREET SUITE 4000 DALLAS TX 75201 0 0 1 0 Common Stock 2004-02-26 4 P 0 10081878 0.0769 A 10435583 D Common Stock 2004-02-26 4 C 0 2571660 1 A 13007243 D Series A Convertible Preferred Stock 1 2004-02-26 4 C 0 2250 1000 D 2003-04-01 Common Stock 2250000 0 D Warrant (right to purchase) 0.2 2004-02-26 4 J 0 4000000 0 D 2004-04-01 2006-04-01 Common Stock 4000000 0 D Warrant (right to purchase) 0.2 2004-02-26 4 J 0 500000 0 D 2004-05-23 2007-05-23 Common Stock 500000 0 D Issued upon conversion of 2,250 shares of the Issuer's Series A Convertible Preferred Stock and accrued, unpaid dividends thereon of $321,660. The conversion price was $1.00 per share. Conversion ratio was determined by dividing the liquidation preference of the Series A Convertible Preferred Stock ($1,000 per share), plus all accrued, unpaid dividends thereon, by the conversion price. The Series A Convertible Preferred Stock had no expiration date. The warrants were canceled pursuant to an agreement between the Issuer and the Reportng Person. Does not take into account the Issuer's 1-for-10 reverse stock split effected in December 2003. /s/ J. KEITH BENEDICT, VICE PRESIDENT OF SANDERA CAPITAL, LLC 2004-10-21 -----END PRIVACY-ENHANCED MESSAGE-----