-----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, APkdgADRuAISV9K8kGQjrLJVdQrl+h8GROp8yx9Q414CaGCOF16scb8K/lQWBv2l D/7qBT2g/iigFpnEaxwvYw== 0001047469-04-004867.txt : 20040218 0001047469-04-004867.hdr.sgml : 20040218 20040218142956 ACCESSION NUMBER: 0001047469-04-004867 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040217 ITEM INFORMATION: Other events FILED AS OF DATE: 20040218 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ISONICS CORP CENTRAL INDEX KEY: 0001023966 STANDARD INDUSTRIAL CLASSIFICATION: CHEMICALS & ALLIED PRODUCTS [2800] IRS NUMBER: 770338561 STATE OF INCORPORATION: CA FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12531 FILM NUMBER: 04612825 BUSINESS ADDRESS: STREET 1: 5906 MCINTYRE STREET CITY: GOLDEN STATE: CO ZIP: 80403 BUSINESS PHONE: 3032797900 MAIL ADDRESS: STREET 1: 5906 MCINTYRE STREET CITY: GOLDEN STATE: CO ZIP: 80403 8-K 1 a2129101z8-k.htm 8-K
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549


FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report: February 17, 2004

ISONICS CORPORATION
(Name of small business issuer as specified in its charter)

California   001-12531   77-0338561
State of
Incorporation
  Commission
File Number
  IRS Employer
Identification No.

5906 McIntyre Street, Golden, Colorado 80403
Address of principal executive offices

303-279-7900
Telephone number, including Area code

Not applicable
Former name or former address if changed since last report




Item 5—Other Events

        Mercator Momentum Fund, LP ("MMF") and Mercator Momentum Fund III, LP ("MMFIII"), holders of an aggregate of 22,000 shares of Isonics' outstanding Series C Convertible Preferred Stock ("Series C Stock"), converted 11,000 shares of Series C Stock into shares of Isonics common stock as follows:

 
  Series C Stock
converted (shares)

  Common Stock
received (shares)

MMF   4,730   497,895
MMFIII   6,270   660,000

        MMF still owns 4,770 shares of Series C Stock (convertible into a maximum of 502,105 shares of common stock and MMFIII still owns 6,230 shares of Series C Stock (convertible into a maximum of 655,790 shares of common stock. MMF, MMFIII, and Mercator Advisory Group, LLC own collectively a total of 427,701 common stock purchase warrants (exercisable at $1.25 per share). The Series C Stock and warrants are subject to a contractual limitation that prevents any of the current holders from exercising any warrant or converting any preferred stock if the aggregate number of shares of common stock of which such person and all persons affiliated with such person have beneficial ownership (calculated pursuant to Rule 13d-3 of the Securities Exchange Act of 1934, as amended) would exceed 9.99% of the then outstanding common stock.


SIGNATURES

        Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, on the 17th day of February 2004.


 

 

Isonics Corporation

 

 

By:

 

/s/  
JAMES E. ALEXANDER      
James E. Alexander
President and Chief Executive Officer



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SIGNATURES
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