iSign Solutions Inc. (ISGN)

[SuperC]

CICI: remember this 8k? Item 3.02 Unregistered Sales of Equity Securities

As previously reported in the Company’s Current Report on Form 8-K filed with the SEC on September 20, 2012, on September 14, 2012, Communication Intelligence Corporation (the “Company”) entered into subscription agreements (the “Subscription Agreements”) with certain investors (the “Investors”). Under the terms of the Subscription Agreements, the Investors purchased $1,103,000 of unsecured convertible promissory notes (each a “Note,” and, collectively, the “Notes”), and, subject to the satisfaction of certain closing conditions, agreed to purchase at a subsequent closing (the “Final Closing”) additional shares of Series D-2 Preferred Convertible Stock (“Series D-2 Preferred Stock”) at a purchase price of $1.00 per share. The Series D-2 Preferred Stock is convertible into shares of Common Stock at an initial conversion price of $0.05 per share (subject to adjustment). On November 15, 2012, the Company completed the Final Closing of the Financing, issuing an aggregate of approximately 2,204,000 shares of Series D-2 Preferred Stock under the terms of the Subscription Agreements, through both the conversion of the Notes and the sale of additional shares of Series D-2 Preferred Stock. In addition to the above issuances, as described in greater detail in the Company’s Current Report on Form 8-K filed with the SEC on September 20, 2012, at the Final Closing approximately $1,057,000 in aggregate principal and accrued interest of certain other outstanding convertible promissory notes was automatically converted into shares of Series D-2 Preferred Stock at a conversion price of $1.00 per share (the “Automatic Conversion”).

Pursuant to the terms of an Agreement to Amend and Convert Unsecured Convertible Promissory Notes (the “Agreement to Amend and Convert”), holders of certain outstanding convertible promissory notes also had previously agreed to convert at the Final Closing approximately $1,110,000 in aggregate principal and accrued interest into shares of Series D-1 Convertible Preferred Stock (the “Series D-1 Preferred Stock”) at a conversion price of $1.00 per share. The Series D-1 Preferred Stock is convertible into shares of the Common Stock at an initial conversion price of $0.0225 per share (subject to adjustment). These shares of Series D-1 Preferred Stock were issued at the Final Closing. The transactions contemplated by the Subscription Agreements, the Automatic Conversion, and the Agreement to Amend and Convert are referred to herein as the “Financing”.

In total, in connection with the Financing, the Company issued at the Final Closing approximately 3,261,000 shares of Series D-2 Preferred Stock, approximately 1,110,000 shares of Series D-1 Preferred Stock and warrants to purchase an aggregate of 3,000,000 shares of common stock at an initial exercise price of $0.05.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8926681

http://investorshub.advfn.com/Communications-Intelligence-Corp-CICI-3180/

http://investorshub.advfn.com/boards/msgsearch.aspx?searchstr=cici

http://www.otcmarkets.com/stock/CICI/company-info

CICI Security Details
Share Structure
Market Value1 $8,755,637 a/o Dec 28, 2012
Shares Outstanding 224,503,503 a/o Nov 14, 2012

CICI .044 1.5mil vs 201k_vol 10dayavg
7.5x the 10day avg. volume today

http://stockcharts.com/c-sc/sc?s=CICI&p=d&b=2&g=0&id=p17970548896