-----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, Eq9lMjMoG+KegX/FZn7gBNG0blRLAggTSYcPRxoBSWbLghov7xgasfEYIuGQWXAL 8f1Jtb7iy9BukTWX4IpHOA== 0001104659-03-023841.txt : 20031027 0001104659-03-023841.hdr.sgml : 20031027 20031027192844 ACCESSION NUMBER: 0001104659-03-023841 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20031017 FILED AS OF DATE: 20031027 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: DATAKEY INC CENTRAL INDEX KEY: 0000704914 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690] IRS NUMBER: 411291472 STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 407 W TRAVELERS TRAIL CITY: BURNSVILLE STATE: MN ZIP: 55337 BUSINESS PHONE: 6128906850 MAIL ADDRESS: STREET 1: 407 WEST TRAVELERS TRAIL CITY: BURNSVILLE STATE: MN ZIP: 55337 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LIPKIN RAYMOND A CENTRAL INDEX KEY: 0001056046 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 000-11447 FILM NUMBER: 03959433 BUSINESS ADDRESS: STREET 1: 161 FERNDALE AVE SOUTH CITY: WAYZATA STATE: MN ZIP: 55391 BUSINESS PHONE: 6124764558 MAIL ADDRESS: STREET 1: 161 FERNDALE AVE SOUTH CITY: WAYZATA STATE: MN ZIP: 55391 3 1 a3.xml 3 X0201 3 2003-10-17 0 0000704914 DATAKEY INC DKEY 0001056046 LIPKIN RAYMOND A 161 FERNDALE AVENUE SOUTH WAYZATA MN 55391 0 0 1 0 Common Stock 530500 D Common Stock 90000 I Held by KOLOA Limited Partnership Common Stock 20000 I Held by adult daughter; Mr. Lipkin has shared voting and dispositive power Warrant (right to buy) 1.25 1999-10-29 2009-10-29 Common Stock 16000 D Warrant (right to buy) 5.00 2000-02-15 2005-02-15 Common Stock 96000 D Warrant (right to buy) 0.77 2003-10-17 2010-10-17 Common Stock 1000000 D Convertible Note due 10-17-2004 0 2003-10-17 2004-10-17 Common Stock 500000 D Mr. Lipkin is the managing general partner of KOLOA Limited Partnership and his spouse is the only other general partner. Mr. Lipkin exercises sole voting and investment power over the shares note. Conversion price is greater of $1.25 or the price at which common stock is issued, or the price at which securities offered may be convertible into or exercisable for common stock, in financing subsequent to the issuance of the Note but before maturity. By April Hamlin, Attorney-In-Fact for Raymond A. Lipkin 2003-10-27 EX-24 3 ex-24.htm EX-24

Exhibit 24

 

POWER OF ATTORNEY

 

Know all by these presents, that the undersigned hereby constitutes and appoints each of April Hamlin, Jonathan B. Levy and Kimberly Gessner signing singly, the undersigned’s true and lawful attorney-in-fact to:

 

(1) execute for and on behalf of the undersigned, in the undersigned’s capacity as an officer and/or director of Datakey, Inc. (the “Company”), Forms 3, 4, and 5 in accordance with Section 16(a) of the Securities Exchange Act of 1934 and the rules thereunder;

 

(2) do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 3, 4, or 5, complete and execute any amendment or amendments thereto, and timely file such form with the United States Securities and Exchange Commission and any stock exchange or similar authority; and

 

(3) take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact’s discretion.

 

The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact’s substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Company assuming, any of the undersigned’s responsibilities to comply with Section 16 of the Securities Exchange Act of 1934.

 

This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4, and 5 with respect to the undersigned’s holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact.

 

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 24th day of October, 2003.

 

 

/s/  Raymond A. Lipkin

 

Raymond A. Lipkin

 

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