X0202 4/A 2007-05-18 2007-06-27 0 0000049397 PHANTOM FIBER CORP PHFB 0001404776 Shapiro Howard 199 LOGTOWN ROAD PORT JERVIS NY 12771 0 0 1 0 Common Stock, $.001 par value 2007-05-18 4 P 0 25000 0.36 A 1030000 D Common Stock, $.001 par value 2007-05-21 4 P 0 10000 0.36 A 1040000 D Common Stock, $.001 par value 2007-05-24 4 P 0 8000 0.36 A 1048000 D Common Stock, $.001 par value 2007-05-31 4 P 0 10565 0.36 A 1058565 D Common Stock, $.001 par value 2007-06-01 4 P 0 21435 0.36 A 1080000 D Common Stock 2007-06-04 4 P 0 10000 0.36 A 1090000 D Common Stock 2007-06-05 4 P 0 17000 0.36 A 1107000 D Common Stock, $.001 par value 2007-06-06 4 P 0 23000 0.36 A 1130000 D Common Stock, $.001 par value 2007-06-07 4 P 0 12000 0.36 A 1142000 D Common Stock 2007-06-11 4 P 0 33000 0.36 A 1175000 D Common Stock, $.001 par value 2007-06-11 4 P 0 5000 0.36 A 1180000 I By Self as Trustee of Financial Trading Consultants Pension Plan Common Stock, $.001 par value 2007-06-19 4 P 0 15000 0.36 A 1195000 D Common Stock, $.001 par value 2007-06-19 4 P 0 10000 0.36 A 1205000 I By Self as Trustee of Financial Trading Consultants Pension Plan Common Stock Warrants 0.5 2007-05-29 4 P 0 100000 A 2007-05-29 2010-05-29 Common Stock 100000 550000 I By Self as Trustee of Financial Trading Consultants Pension Plan Common Stock Warrants 0.5 2007-06-15 4 P 0 100000 A 2007-06-15 2010-06-15 Common Stock 100000 650000 I By Self as Trustee of Financial Trading Consultants Pension Plan Common Stock Warrants 0.5 2007-05-29 4 P 0 33333 A 2007-05-29 2010-05-29 Common Stock 33333 683333 I By Self as Trustee of Merger Master Pension Plan Common Stock Warrants 0.5 2007-06-15 4 P 0 33334 A 2007-06-15 2010-06-15 Common Stock 33334 716667 I By Self as Trustee of Merger Master Pension Plan Common Stock Warrants 0.5 2007-05-29 4 P 0 40000 A 2007-05-29 2010-05-29 Common Stock 40000 756667 D Common Stock Warrants 0.5 2007-06-15 4 P 0 40000 A 2007-06-15 2010-06-15 Common Stock 40000 796667 D Common Stock Warrants 0.5 2007-05-29 4 P 0 20000 A 2007-05-29 2010-05-29 Common Stock 20000 816667 D Common Stock Warrants 0.5 2007-06-15 4 P 0 20000 A 2007-06-15 2010-06-15 Common Stock 20000 823667 D Convertible Notes 0.5 2007-05-29 4 P 0 66667 A 2007-05-29 2010-05-29 Common Stock 66667 452223 I By Self as Trustee of Financial Trading Consultants Pension Plan Convertible Notes 0.5 2007-06-15 4 P 0 66666 A 2007-06-15 2010-06-15 Common Stock 66666 518889 I By Sekf as Trustee of Financial Trading Consultants Pension Plan Convertible Notes 0.5 2007-05-29 4 P 0 22222 A 2007-05-29 2010-05-29 Common Stock 22222 541111 I By Self as Trustee of Merger Master Pension Plan Convertible Notes 0.5 2007-06-15 4 P 0 22223 A 2007-06-15 2010-06-15 Common Stock 22223 563334 I By Self as Trustee of Merger Master Pension Plan Convertible Notes 0.5 2007-05-29 4 P 0 26667 A 2007-05-29 2010-05-29 Common Stock 26667 590001 D Convertible Notes 0.5 2007-06-15 4 P 0 26666 A 2007-06-15 2010-06-15 Common Stock 26666 616667 D Convertible Notes 0.5 2007-05-29 4 P 0 13333 A 2007-05-29 2010-05-29 Common Stock 13333 630000 D Convertible Notes 0.5 2007-06-15 4 P 0 13334 A 2007-06-15 2010-06-15 Common Stock 13334 643334 D The Convertible Notes and Warrants were purchased as units such that for each $1.00 invested, the Reporting Person received (a) $1.00 in face amount of convertible note convertible into common stock at the rate of $.50 per share, and (b) warrants to purchase 3 shares of common stock at an exercise price of $.50 per share. Howard Shapiro 2007-06-24