-----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, LDJuvVoRXGL69i84Vz2x8hzhks9O1ar3kR7nzeiULAUvjAh0LBY5EZ//XueB2KTd TRDW34H61gWTj0Pk0h/hhg== 0001181431-03-022919.txt : 20030911 0001181431-03-022919.hdr.sgml : 20030911 20030911202311 ACCESSION NUMBER: 0001181431-03-022919 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20020124 FILED AS OF DATE: 20030911 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PALWEB CORP CENTRAL INDEX KEY: 0001088413 STANDARD INDUSTRIAL CLASSIFICATION: SPECIAL INDUSTRY MACHINERY, NEC [3559] IRS NUMBER: 751984048 FISCAL YEAR END: 0531 BUSINESS ADDRESS: STREET 1: 1607 W COMMERCE ST CITY: DALLAS STATE: TX ZIP: 75208 BUSINESS PHONE: 2146988330 MAIL ADDRESS: STREET 1: 1607 W. COMMERCE ST CITY: DALLAS STATE: TX ZIP: 75208 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: WESTGATE INVESTMENTS L P CENTRAL INDEX KEY: 0001263320 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-26331 FILM NUMBER: 03892774 BUSINESS ADDRESS: STREET 1: 1613 EAST 15TH STREET CITY: TULSA STATE: OK ZIP: 74120 BUSINESS PHONE: 9185837441 MAIL ADDRESS: STREET 1: 1613 EAST 15TH STREET CITY: TULSA STATE: OK ZIP: 74120 4 1 rrd18351.xml FORM 4 - WESTGATE INVESTMENTS LIMITED PARTNERSHIP X0201 42002-01-240 0001088413 PALWEB CORP PLWB 0001263320 WESTGATE INVESTMENTS L P 1613 EAST 15TH STREET TULSA OK 74120 0010Common Stock, $.0001 par value2003-09-084C040158861.4286A5809688D Series 2001 12% Cumulative Convertible Senior Pref Stock1.42862002-01-214P05226810A2002-01-21Common Stock365876573698DCommon Stock Purchase Warrants52002-01-214P0313608A2002-01-212006-01-21Common Stock3136083442188DSeries 2001 12% Cumulative Convertible Senior Pref Stock1.42862003-09-084C05736980DCommon Stock40158860DOn January 21, 2002, Westgate Investments Limited Partnership acquired 52,268 shares of the Issuer's Series 2001 12% Cumulative Convertible Senior Preferred Stock (the "2001 Preferred Stock"), and Common Stock Purchase Warrants (the "Warrants") to acquire 313 ,608 shares of Issuer's common stock for the total purchase price of $522,680. No separate consideration was allocated to the Warrants.n/aIncludes common stock dividends paid on 2001 Preferred Stock.In connection with the conversion of the 2001 Preferred Stock , all of the Warrants were cancelled.The number and price of shares reported herein have been adjusted to reflect the 1 for 50 reverse split of the Issuer's common stock effective June 25, 2002.Westgate Capital Company, LLC, as GP, Warren F. Kruger, Manager2003-09-10 -----END PRIVACY-ENHANCED MESSAGE-----