InvestorsHub Logo
icon url

riksea

09/28/07 3:38 PM

#2388 RE: riksea #2387

Here it is: The pages that have the pertinent info:

ON THE GO HEALTHCARE INC: SC 13D/A, Sub-Doc 1, Page 4




Item 4: PURPOSE OF TRANSACTION

The Series A Preferred Stock could not convert into common stock until
after July 31, 2005. On July 31, 2005, Mr. Turk signed a Lockup
Agreement and agreed not to sell the common stock underlying his
shares of Series A Preferred Stock until July 31, 2006. Additionally,
under the Agreement, Mr. Turk could not sell or otherwise dispose of
22,930,067 shares of common stock or any options, warrants or other
rights to purchase shares of common stock or any other equity security
of the Issuer which Mr. Turk owned or had a right to acquire as of the
date of the Agreement, other than in connection with an offer made to
all shareholders of the Issuer or any merger, consolidation or similar
transaction involving the Issuer, until July 31, 2007.

On August 10, 2006, the Issuer had a 50 to 1 reverse split. As a
result of the reverse split, the number of shares subject to the Lockup
Agreement was adjusted from 22,930,067 to 22,913,734. Such shares are
no longer subject to the Lockup Agreement as of July 31, 2007.

On September 10, 2007 Mr. Turk acquired common stock in exchange for
accrued wages owed to him by the Issuer.


ITEM 5: INTEREST IN SECURITIES OF THE ISSUER

a. Mr. Turk: As of the date of the filing of this Schedule, Mr. Turk
is deemed to beneficially own 228,893,734 shares of common stock of
the Issuer. Such amount is 41.81% of the outstanding shares of the
Issuer. Mr. Turk is the sole control person for The Cellular
Connection, Ltd., and, as such, has full voting and dispositive
control over shares held by The Cellular Connection, Ltd. Mr. Turk
owns 5,980,000 shares of common stock and may acquire 334 shares
within 60 days through the exercise of stock options. Additionally,
Mr. Turk owns 110,800 shares of Series A Preferred Stock that can
convert into 11,080,000 shares of common stock.

The Cellular Connection: As of the date of the filing of this
Schedule, The Cellular Connection is deemed to beneficially own
211,833,400 shares of common stock of the Issuer, or 39.49% of the
outstanding shares of the Issuer. These beneficial shares owned
by The Cellular Connection, Ltd. include -0- shares of common
stock, 118,334 shares of Series A Preferred Stock that can
convert into 11,833,400 shares of common stock and 1,000 shares of
Series B 1.5% Convertible Preferred Stock that can convert into
200,000,000 shares of common stock.

b. Mr. Turk has the sole power to vote and dispose of 228,893,734
shares of common stock of the Issuer.

c. The Reporting Person has effected the following transactions with
respect to the Shares during the past 60 days:

The following transactions were effected by Stuart Turk:



Date Amount of Common Purpose of Share Issuance to Mr. Turk
Stock Received


09/10/07 10,000,000 Stock issued to Mr. Turk in exchange for
accrued wages owed to him in the amount
of $50,000.




ON THE GO HEALTHCARE INC: SC 13D/A, Sub-Doc 1, Page 5




The following transactions were effected by Stuart Turk.

*Unless indicated otherwise, these transactions were sold into the open market
under a 10b5-1 Trading Plan through a broker.


Date Amount of Common Price per Share Where/How Effected
Shares Sold, ($) (or range)
or Otherwise
Transferred

08/29/07 1,010,000 0.00556 *

08/31/07 1,990,000 0.00502 *

09/13/07 50,000 0.00500 *

09/14/07 25,000 0.00500 *

09/17/07 255,000 0.00500 *

09/18/07 5,000 0.00520 *

09/21/07 1,000,000 0.00585 *

09/25/07 400,000 0.00500 *

09/26/07 2,285,000 0.00506 *



d. N/A

e. N/A


ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER

Mr. Turk has entered into a Lockup Agreement.

ITEM 7: MATERIAL TO BE FILED AS EXHIBITS

The following documents relating to the securities of the Issuer are
incorporated herein by reference:

(i) Lockup Agreement between Stuart Turk and the Company,
dated July 31, 2005 (included as Exhibit 4.1 on Form 13D
filed August 22, 2006 and incorporated herein by reference).





Copyright © 2007 QuoteMedia. All rights reserved. Terms of Use.
Market Data powered by QuoteMedia, www.quotemedia.com, SEC filings by 10kWizard.



Copyright © 2007 QuoteMedia. All rights reserved. Terms of Use.
Market Data powered by QuoteMedia, www.quotemedia.com, SEC filings by 10kWizard.