-----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, J3JXbJqYFBJQMY5zCdtqLVlVtX6dZhuS1T0JmuEXoNsRqAMSdHOCRYEqW7yuMMoe Es8DRXIjbt8Aoo5/eYneAQ== 0001209191-03-010506.txt : 20030703 0001209191-03-010506.hdr.sgml : 20030703 20030703103742 ACCESSION NUMBER: 0001209191-03-010506 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030523 FILED AS OF DATE: 20030703 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 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: THOMPSON BRAD A CENTRAL INDEX KEY: 0001250083 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 000-20995 FILM NUMBER: 03773965 BUSINESS ADDRESS: STREET 1: 227 KING STREET CITY: FREDERIKSTED STATE: D8 ZIP: 0084 BUSINESS PHONE: 3407727772 MAIL ADDRESS: STREET 1: 227 KING STREET CITY: FREDERIKSTED STATE: D8 ZIP: 00840 3 1 boa836878_boa02bat2.xml MAIN DOCUMENT DESCRIPTION X0101 32003-05-2300001015172AXTIVE CORP AXTV0001250083THOMPSON BRAD A 1010Series A Convertible Preferred Stock, $0.01 par value.102003-04-011988-08-08Common Stock $0.01 par value12500000IGlobal Capital Funding Group L.P.Warrant to Purchase Common Stock0.202004-04-012006-04-01Common Stock, $0.01 par value2500000IGlobal Capital Funding Group L.P.There is no expiration date for conversion of the Preferred Stock.Based on the conversion of 1,250 shares of Preferred Stock and the initial conversion price of $0.10 (which is subject to future adjustment). Conversion is determined by dividing the liquidation price with respect to the Preferred Stock (which is equal to the issuance price of $1,000 per share plus any accrued, but unpaid dividends) by the conversion price. There are currently no accrued but unpaid dividends.The shares of Preferred Stock and the warrants to purchase Common Stock are directly owned by Global Capital Funding Group, L.P. ("Global") The reporting person is an equity owner of the sole general partner of Global and, therefore, may be deemed to share voting and investment power with respect to such securities. The filing of this statement shall not be construed as a admission that the reporting person is the beneficial owner of such securities.Initial exercise price per share, which is subject to future adjustment pursuant to the terms of the warrant.The reporting person expressly disclaims beneficial ownership of all such securities, except for 3.9625 shares of Series A Convertible Preferred Stock (currently convertible into [39,625] shares of Common Stock) and warrants to purchase 7,925 shares of Common stock as a result of an indirect ownership interest based solely upon the reporting person's minority limited partner interest in Global and minority equity ownership in the genera l partner of Global./s/ Brad A. Thompson2003-07-02 -----END PRIVACY-ENHANCED MESSAGE-----