X0202 4 2004-12-22 0 0001052257 CIRCLE GROUP HOLDINGS INC CXN 0001162940 SALGAN STEVE H C/O CIRCLE GROUP HOLDINGS, INC. 1011 CAMPUS DRIVE MUNDELEIN IL 60060 1 0 0 0 Common Stock 2004-12-31 4 P 0 6000 1.90 A 122000 D Common Stock 2004-12-31 4 P 0 820 1.88 A 122820 D Common Stock 2004-12-31 4 P 0 3200 2.1 A 126020 D Common Stock 2004-12-31 4 P 0 18047 2.15 A 144067 D Common Stock 2004-12-31 4 P 0 2091 2.19 A 146158 D Common Stock 2004-12-31 4 P 0 6200 2.20 A 152358 D Common Stock 2004-12-31 4 P 0 1000 2.22 A 153358 D Common Stock 2004-12-31 4 P 0 200 2.24 A 153558 D Common Stock 2004-12-31 4 P 0 19200 2.25 A 172758 D Common Stock 2004-12-31 4 P 0 1500 2.25 A 174258 D Common Stock 2004-12-31 4 P 0 3500 2.25 A 177758 D Common Stock 2004-12-31 4 P 0 3600 2.28 A 181358 D Common Stock 2004-12-31 4 P 0 18100 2.30 A 199458 D Common Stock 2004-12-31 4 P 0 5700 2.33 A 205158 D Common Stock 2004-12-31 4 P 0 40600 2.35 A 245758 D Common Stock 2004-12-31 4 P 0 500 2.21 A 246258 D Common Stock 2004-12-31 4 P 0 450 2.22 A 246708 D Common Stock 2004-12-31 4 P 0 1700 2.25 A 248408 D Common Stock 2004-12-31 4 P 0 5000 2.33 A 253408 D Common Stock 2004-12-31 4 P 0 14600 2.10 A 268008 D Common Stock 2004-12-31 4 P 0 2500 2.10 A 270508 D Common Stock 2004-12-31 4 P 0 1000 2.09 A 271508 D Common Stock 2004-12-31 4 P 0 500 2.06 A 272008 D Common Stock 2004-12-31 4 P 0 4700 2.05 A 276708 D Common Stock 2004-12-31 4 P 0 207 2.04 A 276915 D Option (Right to Buy) 0.75 2004-12-22 4 A 0 100000 0.00 A 2007-12-22 Common Stock 100000 100000 D Immediately exercisable. Steven H. Salgan 2005-01-13