-----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, MJM3k/5HPgbPjvF/5gTHNW80E9fUt/dldAUqKQurk5cUKNzkj8gHv/vrmg3sXFLA QkQnz8Vs6qZLjKMH0iKeOA== 0001179110-06-007285.txt : 20060328 0001179110-06-007285.hdr.sgml : 20060328 20060328113342 ACCESSION NUMBER: 0001179110-06-007285 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050610 FILED AS OF DATE: 20060328 DATE AS OF CHANGE: 20060328 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: MAGSTAR TECHNOLOGIES INC CENTRAL INDEX KEY: 0000083490 STANDARD INDUSTRIAL CLASSIFICATION: LABORATORY APPARATUS & FURNITURE [3821] IRS NUMBER: 410780999 STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 410 11TH AVE SOUTH CITY: HOPKINS STATE: MN ZIP: 55343 BUSINESS PHONE: 6129356921 MAIL ADDRESS: STREET 1: 410 11TH AVENUE SOUTH CITY: HOPKINS STATE: MN ZIP: 55343 FORMER COMPANY: FORMER CONFORMED NAME: GREEN ISLE ENVIRONMENTAL SERVICES INC DATE OF NAME CHANGE: 19940210 FORMER COMPANY: FORMER CONFORMED NAME: REUTER INC DATE OF NAME CHANGE: 19920703 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MCNAMARA RICHARD F CENTRAL INDEX KEY: 0000901989 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-01561 FILM NUMBER: 06713981 BUSINESS ADDRESS: BUSINESS PHONE: 6129443533 MAIL ADDRESS: STREET 1: 7808 CREEKRIDGE CIRCLE CITY: MINNEAPOLIS STATE: MN ZIP: 55439 4 1 edgar.xml FORM 4 - X0202 4 2005-06-10 0 0000083490 MAGSTAR TECHNOLOGIES INC MGST 0000901989 MCNAMARA RICHARD F 7808 CREEKRIDGE CIRCLE, SUITE 200 EDINA MN 55349 1 0 1 0 Common Stock, $.1875 par value 2187500 D Common Stock, $.1875 par value 7500 I By Activar Properties, Inc. Series A Convertible Preferred Stock Common Stock, $.1875 par value 625000 625000 I By Activar, Inc. Option to purchase common stock .25 2004-01-04 2012-04-01 Common Stock, $.1875 par value 50000 50000 D Warrant to purchase Common Stock .25 2002-01-21 2007-01-21 Common Stock, $.1875 par value 250000 250000 D Option to purchase Common Stock 1.03 2005-04-07 2014-04-07 Common Stock, $.1875 par value 10000 10000 D Stock Options (right to buy) .40 2005-06-10 4 A 0 15000 0 A 2015-06-10 Common Stock, $.1875 par value 15000 15000 D Converts on a one-for-one basis. Immediately exercisable. No expiration date. Pursuant to Rule 16b-3. 5,000 shares vest on each of 6/10/05, 6/10/06 and 6/10/07. /s/ Joseph A. Petrich, as attorney-in-fact for Richard F. McNamara 2006-03-24 EX-24.1 2 exhibit24.txt POWER OF ATTORNEY For Executing Forms 3, 4 and 5 Know all by these presents, that the undersigned hereby constitutes and appoints Jon L. Reissner and Joseph A. Petrich, signing individually, his true and lawful attorneys-in-fact to: 1. Execute for and on behalf of the undersigned Initial Statements of Beneficial Ownership of Securities on Form 3, Statements of Changes of Beneficial Ownership of Securities on Form 4 and Annual Statements of Beneficial Ownership of Securities n Form 5, for the purpose of reporting transactions by the undersigned in securities issued by Magstar Technologies, Inc. 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 the execution of any such Form 3, 4 or 5 and the timely filing thereof with the United States Securities and Exchange Commission and any other applicable governmental or regulatory 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 his discretion. The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform all and every act and thing whatsoever requisite, necessary and proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as such attorney-in-fact 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 his 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 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 Magstar Technologies, Inc., unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact. IN WITNESS WHEREOF, the undersigned has executed this Power of Attorney as of this ___ day of February, 2006. /s/ R.F. McNamara (signature) R.F. McNamara___________________ (print name) 442218 -----END PRIVACY-ENHANCED MESSAGE-----