-----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, V9KqAZFICWeg1BRug4gmIokGZEXYqu/yiUrk8Ldqwus7DwVSyZakgEwuHiRHsI2o oNXFr/GxGddPgI5ofXf/WA== 0001080731-06-000007.txt : 20061010 0001080731-06-000007.hdr.sgml : 20061009 20061010193211 ACCESSION NUMBER: 0001080731-06-000007 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20061006 FILED AS OF DATE: 20061010 DATE AS OF CHANGE: 20061010 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CLEVELAND RUSSELL CENTRAL INDEX KEY: 0001132090 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11900 FILM NUMBER: 061138912 MAIL ADDRESS: STREET 1: 8080 N CENTRAL EXPWY STREET 2: STE 210 LB 59 CITY: DALLAS STATE: TX ZIP: 75206 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: INTEGRATED SECURITY SYSTEMS INC CENTRAL INDEX KEY: 0000741114 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATIONS EQUIPMENT, NEC [3669] IRS NUMBER: 752422983 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 BUSINESS ADDRESS: STREET 1: 8200 SPRINGWOOD DR STE 230 CITY: IRVING STATE: TX ZIP: 75063 BUSINESS PHONE: 9724448280 MAIL ADDRESS: STREET 1: 8200 SPRINGWOOD DR SUITE 230 CITY: IRVING STATE: TX ZIP: 75063 4 1 primary_doc.xml PRIMARY DOCUMENT X0202 4 2006-10-06 0 0000741114 INTEGRATED SECURITY SYSTEMS INC IZZI 0001132090 CLEVELAND RUSSELL 8080 N CENTRAL EXPWY STE 210 LB 59 DALLAS TX 75206 1 0 1 0 6% Convertible Promissory Note 2006-10-06 4 P 0 375000 0 A 2009-10-06 Common Stock 775000 I Securities held by Renaissance US Growth Investment Trust PLC (RUSGIT) 6% Convertible Promissory Note 2006-10-06 4 P 0 375000 0 A 2009-10-06 Common Stock 675000 I Securities held by US Special Opportunities Trust PLC (USO) The conversion price shall equal the fair market value of the common stock on the date of recapitalization or change of control, neither of which has occurred. The principle shall be convertible upon the occurrence of a recapitalization or in connection with and immediately prior to a change in control. Mr. Cleveland is an executive officer of RENN Capital Group, Inc., which serves as investment manager to RUSGIT and investment adviser to USO and therefore may be deemed beneficial owner of the shares. Mr. Cleveland disclaims such beneficial ownership. Russell Cleveland 2006-10-10 -----END PRIVACY-ENHANCED MESSAGE-----